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KMIDETF / FundVirtus KAR Mid-Cap ETF

$24.02 last close 2026-10-20
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Verdicts genuinely change. Free email alert the moment KMID's does — no target price to set, unlike "Alert" above.

Sharia status
NOT COMPLIANT
Screened by look-through to its filed holdings — 97% of portfolio weight covered
Fund look-through

Virtus KAR Mid-Cap ETF ETF · Virtus ETF Trust II

26 holdings · as of 2026-07-31 (2.7 months ago)

NON-COMPLIANT 11.89% of portfolio weight is in non-compliant holdings, over the 5% threshold.

26 holdings, 25 matched (97% of weight). Portfolio as of 2026-07-31, filed 2026-09-29. Source: SEC Form N-PORT.

0.28% of this portfolio’s income is non-permissible — weighted across holdings, computed over 94% of portfolio weight (24 of 26 holdings). The common approach purifies that proportion of income received — dividends — not of the position’s value. We report the ratio; what to do with it is a question for your own scholar.

76.6% compliant 4.3% questionable 11.9% non-compliant 2.9% unscreened

All holdings (26)
HoldingStatusWeightEvery methodology, and the debt ratio behind it
AME AMETEK INC COMPLIANT 6.22% AAOIFI4.2% Usmani13.9% Dow Jones Islamic5.1% S&P Shariah5.4% MSCI Islamic13.9% MSCI Islamic M-Series5.4% FTSE Shariah12.3%
TDY TELEDYNE TECHNOLOGIES INC NON_COMPLIANT 5.77% AAOIFI7.2% Usmani13.3% Dow Jones Islamic8.0% S&P Shariah8.7% MSCI Islamic13.3% MSCI Islamic M-Series8.7% FTSE Shariah13.3%
MPWR MONOLITHIC POWER SYSTEMS INC COMPLIANT 5.60% AAOIFI0.0% Usmani0.4% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.4% MSCI Islamic M-Series0.0% FTSE Shariah0.0%
WAB WESTINGHOUSE AIR BRAKE TECHNOLOGIES CORP COMPLIANT 5.40% AAOIFI13.3% Usmani28.4% Dow Jones Islamic17.8% S&P Shariah20.1% MSCI Islamic28.4% MSCI Islamic M-Series20.1% FTSE Shariah28.4%
ROST ROSS STORES INC COMPLIANT 5.11% AAOIFI6.4% Usmani29.7% Dow Jones Islamic8.5% S&P Shariah9.2% MSCI Islamic29.7% MSCI Islamic M-Series9.2% FTSE Shariah6.4%
WST WEST PHARMACEUTICAL SERVICES INC COMPLIANT 4.91% AAOIFI1.3% Usmani7.8% Dow Jones Islamic1.6% S&P Shariah1.4% MSCI Islamic7.7% MSCI Islamic M-Series1.4% FTSE Shariah5.0%
VRSK VERISK ANALYTICS INC QUESTIONABLE 4.28% AAOIFI18.2% Usmani101.0% Dow Jones Islamic13.7% S&P Shariah13.5% MSCI Islamic100.6% MSCI Islamic M-Series13.5% FTSE Shariah97.3%
ALLE ALLEGION PLC COMPLIANT 4.10% AAOIFI17.0% Usmani41.5% Dow Jones Islamic17.5% S&P Shariah18.7% MSCI Islamic41.5% MSCI Islamic M-Series18.7% FTSE Shariah37.9%
HEI HEICO CORP COMPLIANT 4.09% AAOIFI5.8% Usmani25.6% Dow Jones Islamic31.9% S&P Shariah36.0% MSCI Islamic25.6% MSCI Islamic M-Series36.0% FTSE Shariah25.6%
ODFL OLD DOMINION FREIGHT LINE INC COMPLIANT 3.84% AAOIFI0.1% Usmani0.3% Dow Jones Islamic0.1% S&P Shariah0.1% MSCI Islamic0.3% MSCI Islamic M-Series0.1% FTSE Shariah0.3%
MSCI MSCI INC COMPLIANT 3.47% AAOIFI15.7% Usmani116.8% Dow Jones Islamic15.3% S&P Shariah15.6% MSCI Islamic116.8% MSCI Islamic M-Series15.6% FTSE Shariah113.9%
JKHY JACK HENRY & ASSOCIATES INC COMPLIANT 3.46% AAOIFI1.1% Usmani4.1% Dow Jones Islamic1.1% S&P Shariah1.1% MSCI Islamic4.1% MSCI Islamic M-Series1.1% FTSE Shariah2.9%
ALGN ALIGN TECHNOLOGY INC COMPLIANT 3.44% AAOIFI1.1% Usmani1.9% Dow Jones Islamic1.0% S&P Shariah0.8% MSCI Islamic1.9% MSCI Islamic M-Series0.8% FTSE Shariah0.0%
LPLA LPL FINANCIAL HOLDINGS INC NON_COMPLIANT 3.18% AAOIFI27.1% Usmani37.7% Dow Jones Islamic28.8% S&P Shariah32.0% MSCI Islamic37.7% MSCI Islamic M-Series32.0% FTSE Shariah37.7%
COO COOPER COMPANIES INC (THE) COMPLIANT 2.96% AAOIFI23.0% Usmani20.1% Dow Jones Islamic16.7% S&P Shariah15.5% MSCI Islamic20.1% MSCI Islamic M-Series15.5% FTSE Shariah20.1%
CH ROBINSON WORLDWIDE INC UNSCREENED 2.95% no in-house ratios for this holding
HLI HOULIHAN LOKEY INC NON_COMPLIANT 2.94% AAOIFI0.0% Usmani0.0% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.0% MSCI Islamic M-Series0.0% FTSE Shariah0.0%
WMS ADVANCED DRAINAGE SYSTEMS INC COMPLIANT 2.91% AAOIFI16.0% Usmani40.8% Dow Jones Islamic16.1% S&P Shariah15.7% MSCI Islamic37.4% MSCI Islamic M-Series15.7% FTSE Shariah35.8%
GMED GLOBUS MEDICAL INC COMPLIANT 2.90% AAOIFI1.1% Usmani2.0% Dow Jones Islamic1.1% S&P Shariah1.2% MSCI Islamic2.0% MSCI Islamic M-Series1.2% FTSE Shariah0.0%
EME EMCOR GROUP INC COMPLIANT 2.90% AAOIFIpass Usmani— Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahfail
NDSN NORDSON CORP COMPLIANT 2.80% AAOIFI9.1% Usmani27.3% Dow Jones Islamic11.7% S&P Shariah11.8% MSCI Islamic27.0% MSCI Islamic M-Series11.8% FTSE Shariah25.9%
LII LENNOX INTERNATIONAL INC COMPLIANT 2.73% AAOIFI12.0% Usmani38.7% Dow Jones Islamic8.3% S&P Shariah8.8% MSCI Islamic37.1% MSCI Islamic M-Series8.8% FTSE Shariah27.1%
ROL ROLLINS INC COMPLIANT 2.65% AAOIFI6.5% Usmani33.2% Dow Jones Islamic4.4% S&P Shariah4.7% MSCI Islamic33.2% MSCI Islamic M-Series4.7% FTSE Shariah21.0%
APG API GROUP CORP COMPLIANT 2.45% AAOIFI— Usmani— Dow Jones Islamic— S&P Shariah— MSCI Islamic— MSCI Islamic M-Series— FTSE Shariah—
PNR PENTAIR PLC COMPLIANT 2.33% AAOIFI19.0% Usmani25.1% Dow Jones Islamic11.6% S&P Shariah12.5% MSCI Islamic25.1% MSCI Islamic M-Series12.5% FTSE Shariah23.2%
EFX EQUIFAX INC COMPLIANT 2.31% AAOIFI27.1% Usmani45.6% Dow Jones Islamic19.8% S&P Shariah19.6% MSCI Islamic45.6% MSCI Islamic M-Series19.6% FTSE Shariah45.6%

The published standards disagree about this fund by 32 points of portfolio weight — 84.2% of it passes AAOIFI, 52.4% passes MSCI Islamic. Which number is yours depends on which standard you follow.

These bars are the financial-ratio result under each standard — debt, receivables and interest income. They do not screen what the business does, so a holding can pass every ratio here and still be questionable or non-compliant on activity. The blended verdict above accounts for both.

ratios pass on 84.2% ratios fail on 6.1% 5.4% not rated under AAOIFI

25 of 26 listed holdings carry our own per-methodology verdicts (93% of weight). The rest hold a provider verdict with no methodology breakdown, and are counted as rated by none. Of those, 23 (87% of weight) also carry the underlying debt ratio; the rest show a verdict without the figure behind it.

Non-compliant holdingWeight
TDY TELEDYNE TECHNOLOGIES INC 5.77%
LPLA LPL FINANCIAL HOLDINGS INC 3.18%
HLI HOULIHAN LOKEY INC 2.94%

Methodology breakdown computing — it will appear here on its own.

🕌Open research, not a fatwa — verify with your own scholar.

Trade setup

Whether the technical picture shows an edge right now. Separate from the Sharia verdict, which this side never overrides.

SEPARATE FROM SHARIAH
No trade setup shown — a stock that isn't cleanly Sharia-compliant never gets a bullish verdict here.

Why this signal?

The factors behind the read, each shown with the figure it rests on, including the ones pointing the other way.

Structure1 of 3 timeframes bullish · 76.9% aligned
VWAPPrice holding above VWAP ($23.78)
VolumeRelative volume 1.5× the 20-day average
Momentum10-day rate of change +1.0%

Virtus KAR Mid-Cap ETF (KMID) is currently considered not halal (non-compliant), per our own look-through to its filed holdings. See its filed holdings and the weight breakdown below for the reasoning.

Market & analysts
Momentum (10d)
+1.0%
rate of change
SMC grade
C · 52
76.9% aligned
C · 52
SMC grade — 76.9% timeframe alignment
+1.0%
Rate of change (10d)

🕌 In-house Compliance Research

Computing the full ratio and business-activity breakdown for KMID — this runs off the critical path so the page paints first. It will appear here on its own.

25.9525.2424.5323.8223.112025-10-202026-04-222026-10-20

Pinch or scroll to zoom · drag to pan — both axes move · double-click to reset

Support & Resistance
S3
23.64
S2
23.70
S1
23.78
PIVOT
23.84
R1
23.92
R2
23.98
R3
24.06

Classic floor-trader pivots from the last completed daily bar. Highlighted pills are the levels bracketing the current price.

Price Forecast

The range is measured volatility (ATR over the horizon), not a target — a wider band means a more volatile asset, not a stronger view. The direction is the indicator tally below. Every forecast is recorded when made and scored against the real price when it comes due, including the wrong ones. Not a recommendation, and not a fatwa.

7-day expected range
22.98 – 24.12
±2.4% from 23.55, made 2026-09-15 · resolves 2026-09-22
STRONG SELL
from 19 indicators
61.9% of our last 5789 forecasts landed inside their stated range, and 49.9% called the direction correctly.

Technical Summary

Standard indicator thresholds (RSI 30/70, Stochastic 20/80, CCI ±100, Williams %R −80/−20, MACD histogram sign, price vs. average) computed on daily bars. A summary of what common indicators say — not a recommendation, and not this site's own trading verdict.

NEUTRAL
19 indicators
OscillatorsNEUTRAL
3 buy · 1 neutral · 3 sell
Moving averagesNEUTRAL
6 buy · 0 neutral · 6 sell
Every indicator, and what it reads
IndicatorValueSignal
RSI (14)55.90NEUTRAL
Stochastic %K (14)89.76SELL
CCI (20)158.06SELL
Williams %R (14)-10.24SELL
MACD (12,26,9)0.09BUY
ROC (10)0.99BUY
Momentum (10)0.23BUY
EMA (10)23.77BUY
SMA (10)23.68BUY
EMA (20)23.75BUY
SMA (20)23.67BUY
EMA (30)23.83BUY
SMA (30)23.62BUY
EMA (50)24.03SELL
SMA (50)24.11SELL
EMA (100)24.34SELL
SMA (100)24.60SELL
EMA (200)24.51SELL
SMA (200)24.77SELL

About Virtus KAR Mid-Cap ETF

The fund advisor pursues long-term capital appreciation in the medium capitalization sector while seeking less market risk than the Russell Midcap® Index. The fund advisor invests in medium market capitalization companies believed by Kayne Anderson Rudnick Investment Management, LLC, the fund’s sub-adviser, to be undervalued relative to their future growth potential. The fund is non-diversified.

Background via Yahoo Finance — informational, not part of the verdict.

Grade verdict

Average — needs more confirmation before sizing up

SMC — Top Down

Market structure by timeframe, read from real bars. A bias per timeframe rather than a forecast — timeframes disagreeing is information, not noise.

TimeframeBiasBars
📅 Daily BULLISH 42
⏱ 15-Min RANGING 58
⏲ 5-Min BEARISH 176

Momentum & Volume

Rate of change and relative volume against this symbol's own recent history. Momentum describes what price has done; it is not a claim about what it will do.

+1.0%
Rate of change (10d)
1.5×
Volume vs its 20-day average
-0.04
MACD (no fresh cross)

Peer Movement

How the rest of the sector moved over the same window. Context for a price move, never a cause of one.

Peer movement computing — it will appear here on its own.

Before you act on this

The questions worth asking about any verdict on this page, answered plainly.

Is a fund screened on its name?

No. HTR reads the fund's filed holdings and screens each one, then reports the result by weight. A fund marketed as Islamic still gets the same look-through as any other.

What does unrated weight mean?

It is the share of the fund whose holdings HTR cannot cover far enough to rate. It is reported as unrated rather than counted as compliant, because a holding nobody screened should not look like one that passed.

Does the issuer's board make it compliant?

It matters, and it is noted, but it does not replace the look-through. The board's judgement and the holdings screen are shown separately so you can see when they agree and when they do not.

How often is this re-screened?

When the fund files new holdings, and on a rolling basis besides. The date on the verdict above is the last time this fund was actually recomputed.

Open research, not a fatwa. HTR applies published screening standards to filings and publishes what they say, including when they disagree. Nothing here is financial advice or a recommendation to buy or sell. Verdicts can change when new filings land.

Compare with

Same screen, different answers. Comparison is where the standards disagreeing becomes useful rather than confusing.

Peer screening computing — it will appear here on its own.

Insider Activity (90d)

Insider transactions reported in the last ninety days. Insiders sell for reasons that have nothing to do with a view, so a sale on its own is not a signal.

NO DATA   0 buys · 0 sells

COT Positioning — E-MINI S&P 500 - CHICAGO MERCANTILE EXCHANGE

The weekly CFTC Commitments of Traders report for the broad market it tracks, not for this symbol. Positioning context for the tape — it says nothing about this company.

NEUTRAL   report date 2026-10-13 · Asset managers net 915835 (+9220)

AI Summary

Plain-language summary of the evidence already on this page — the Sharia screen, structure, momentum, and order flow above. It explains the read; it doesn't make the call. Generated on demand (a live AI call), never run automatically.

Tell us what's working, what's confusing, or what you want to see next — read by a real person, not a form that goes nowhere.