Verdicts genuinely change. Free email alert the moment KNO's does — no target price to set, unlike "Alert" above.
Whether this fund clears the published standards, and the filings behind that answer. The screen runs first and nothing on the trading side can override it.
Structure, momentum, positioning and levels. Separate from the Sharia verdict above, which this side never overrides.
AXS Knowledge Leaders ETF ETF · INVESTMENT MANAGERS SERIES TRUST II
65 holdings · as of 2026-06-30 (3.5 months ago) The fund may have traded since. SEC Form N-PORT is filed quarterly and lags the period it covers, so these are the most recent holdings on file, not the fund’s holdings today.
NON-COMPLIANT 13.19% of portfolio weight is in non-compliant holdings, over the 5% threshold.
65 holdings, 58 matched (92% of weight). Portfolio as of 2026-06-30, filed 2026-08-21. Source: SEC Form N-PORT.
2.18% of this portfolio’s income is non-permissible — weighted across holdings, computed over 89% of portfolio weight (55 of 65 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.
72.5% compliant 0.0% questionable 13.2% non-compliant 7.0% unscreened
| Holding | Status | Weight | Every methodology, and the debt ratio behind it |
|---|---|---|---|
| MU MICRON TECHNOLOGY INC | COMPLIANT | 23.43% | AAOIFI0.6% Usmani6.7% Dow Jones Islamic1.8% S&P Shariah2.4% MSCI Islamic4.8% MSCI Islamic M-Series2.4% FTSE Shariah4.3% |
| TT TRANE TECHNOLOGIES PLC | COMPLIANT | 2.92% | AAOIFI4.7% Usmani19.3% Dow Jones Islamic5.0% S&P Shariah5.7% MSCI Islamic19.3% MSCI Islamic M-Series5.7% FTSE Shariah19.3% |
| TEL TE CONNECTIVITY PLC | COMPLIANT | 2.88% | AAOIFI9.5% Usmani21.6% Dow Jones Islamic10.3% S&P Shariah11.2% MSCI Islamic21.6% MSCI Islamic M-Series11.2% FTSE Shariah21.6% |
| GRMN GARMIN LTD | COMPLIANT | 2.36% | AAOIFI0.3% Usmani1.5% Dow Jones Islamic0.4% S&P Shariah0.5% MSCI Islamic1.5% MSCI Islamic M-Series0.5% FTSE Shariah0.0% |
| 6971.T KYOCERA CORP | COMPLIANT | 2.20% | AAOIFI7.4% Usmani9.0% Dow Jones Islamicpass S&P Shariahpass MSCI Islamic7.2% MSCI Islamic M-Seriespass FTSE Shariah7.2% |
| LH LABCORP HOLDINGS INC | COMPLIANT | 2.19% | AAOIFI25.4% Usmani36.5% Dow Jones Islamic31.6% S&P Shariah33.5% MSCI Islamic36.2% MSCI Islamic M-Series33.5% FTSE Shariah31.6% |
| ALKS ALKERMES PLC | COMPLIANT | 2.10% | AAOIFI— Usmani— Dow Jones Islamic— S&P Shariah— MSCI Islamic— MSCI Islamic M-Series— FTSE Shariah— |
| SYK STRYKER CORP | COMPLIANT | 1.76% | AAOIFI14.6% Usmani32.2% Dow Jones Islamic11.3% S&P Shariah11.8% MSCI Islamic32.2% MSCI Islamic M-Series11.8% FTSE Shariah31.2% |
| SU SUNCOR ENERGY INC | COMPLIANT | 1.69% | AAOIFI13.4% Usmani21.2% Dow Jones Islamic19.8% S&P Shariah21.8% MSCI Islamic16.1% MSCI Islamic M-Series21.8% FTSE Shariah16.1% |
| JAZZ JAZZ PHARMACEUTICALS PLC | COMPLIANT | 1.68% | AAOIFI31.0% Usmani39.7% Dow Jones Islamic44.2% S&P Shariah48.5% MSCI Islamic39.7% MSCI Islamic M-Series48.5% FTSE Shariah39.3% |
| 7167.T MEBUKI FINANCIAL GROUP INC | NON_COMPLIANT | 1.67% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| CNH INDUSTRIAL NV | UNSCREENED | 1.65% | no in-house ratios for this holding |
| 4186.T TOKYO OHKA KOGYO CO LTD | COMPLIANT | 1.60% | AAOIFI2.8% Usmani7.9% Dow Jones Islamicpass S&P Shariahpass MSCI Islamic7.9% MSCI Islamic M-Seriespass FTSE Shariah7.9% |
| 6503.T MITSUBISHI ELECTRIC CORP | COMPLIANT | 1.51% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| IMI.L IMI PLC | COMPLIANT | 1.50% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| 5201.T AGC INC | NON_COMPLIANT | 1.45% | AAOIFIfail Usmanipass Dow Jones Islamicfail S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass |
| 6856.T HORIBA LTD | COMPLIANT | 1.41% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahpass |
| GEHC GE HEALTHCARE TECHNOLOGIES INC | NON_COMPLIANT | 1.38% | AAOIFI34.9% Usmani28.5% Dow Jones Islamic30.2% S&P Shariah30.1% MSCI Islamic28.4% MSCI Islamic M-Series30.1% FTSE Shariah27.3% |
| ENB.TO ENBRIDGE INC | NON_COMPLIANT | 1.35% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| BOL.ST BOLIDEN AB | COMPLIANT | 1.32% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| 6954.T FANUC CORP | COMPLIANT | 1.30% | AAOIFIpass Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahfail |
| CSU.TO CONSTELLATION SOFTWARE INC | COMPLIANT | 1.24% | AAOIFI13.2% Usmani38.4% Dow Jones Islamicpass S&P Shariahpass MSCI Islamic35.8% MSCI Islamic M-Seriespass FTSE Shariah35.8% |
| HEI.DE HEIDELBERG MATERIALS AG | COMPLIANT | 1.24% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass |
| KINAXIS INC | UNSCREENED | 1.22% | no in-house ratios for this holding |
| CCH.L COCA-COLA HBC AG | COMPLIANT | 1.20% | AAOIFIpass Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahfail |
| ORKLY ORKLA ASA | COMPLIANT | 1.15% | AAOIFI16.7% Usmani21.1% Dow Jones Islamic16.5% S&P Shariah18.7% MSCI Islamic18.6% MSCI Islamic M-Series18.7% FTSE Shariah18.6% |
| MDA SPACE LTD | UNSCREENED | 1.03% | no in-house ratios for this holding |
| SCHP.SW SCHINDLER HOLDING AG | COMPLIANT | 1.02% | AAOIFIpass Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahfail |
| BMW - BAYERISCHE MOTOREN WERKE AG | UNSCREENED | 1.00% | no in-house ratios for this holding |
| RECORDATI - INDUSTRIA CHIMICA E FARMACEUTICA SPA | UNSCREENED | 0.99% | no in-house ratios for this holding |
| KMTUY KOMATSU LTD | NON_COMPLIANT | 0.99% | AAOIFI20.8% Usmani23.3% Dow Jones Islamic27.9% S&P Shariah30.2% MSCI Islamic22.1% MSCI Islamic M-Series30.2% FTSE Shariah22.1% |
| 4204.T SEKISUI CHEMICAL CO LTD | COMPLIANT | 0.95% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| GBERY GEBERIT AG | COMPLIANT | 0.94% | AAOIFI7.9% Usmani36.6% Dow Jones Islamic74.7% S&P Shariah80.0% MSCI Islamic35.1% MSCI Islamic M-Series80.0% FTSE Shariah35.1% |
| 6361.T EBARA CORP | COMPLIANT | 0.93% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| 4005.T SUMITOMO CHEMICAL COMPANY LTD | NON_COMPLIANT | 0.91% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| BSX BOSTON SCIENTIFIC CORP | COMPLIANT | 0.88% | AAOIFI19.4% Usmani27.9% Dow Jones Islamic10.0% S&P Shariah10.9% MSCI Islamic27.9% MSCI Islamic M-Series10.9% FTSE Shariah27.9% |
| SU SUNCOR ENERGY INC | COMPLIANT | 0.87% | AAOIFI13.4% Usmani21.2% Dow Jones Islamic19.8% S&P Shariah21.8% MSCI Islamic16.1% MSCI Islamic M-Series21.8% FTSE Shariah16.1% |
| 9513.T ELECTRIC POWER DEVELOPMENT CO LTD | NON_COMPLIANT | 0.85% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| ALL.AX ARISTOCRAT LEISURE LTD | NON_COMPLIANT | 0.84% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| AZN ASTRAZENECA PLC | COMPLIANT | 0.82% | AAOIFI— Usmani— Dow Jones Islamic— S&P Shariah— MSCI Islamic— MSCI Islamic M-Series— FTSE Shariah— |
| 1COV.F COVESTRO AG | COMPLIANT | 0.81% | AAOIFIpass Usmanipass Dow Jones Islamicfail S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass |
| SNN SMITH & NEPHEW PLC | COMPLIANT | 0.75% | AAOIFI34.9% Usmani29.8% Dow Jones Islamic11.8% S&P Shariah12.5% MSCI Islamic29.8% MSCI Islamic M-Series12.5% FTSE Shariah29.8% |
| FSV FIRSTSERVICE CORP | COMPLIANT | 0.74% | AAOIFI15.2% Usmani32.3% Dow Jones Islamic18.4% S&P Shariah18.9% MSCI Islamic32.3% MSCI Islamic M-Series18.9% FTSE Shariah25.3% |
| HUH1V.HE HUHTAMAKI OYJ | NON_COMPLIANT | 0.67% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| 2502.T ASAHI GROUP HOLDINGS LTD | NON_COMPLIANT | 0.66% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| 7912.T DAI NIPPON PRINTING CO LTD | COMPLIANT | 0.66% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass |
| SIKA.SW SIKA AG | COMPLIANT | 0.64% | AAOIFIpass Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahfail |
| 7832.T BANDAI NAMCO HOLDINGS INC | COMPLIANT | 0.64% | AAOIFIpass Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahfail |
| 7270.T SUBARU CORP | NON_COMPLIANT | 0.62% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| ADDT-B.ST ADDTECH AB | COMPLIANT | 0.60% | AAOIFIpass Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahfail |
| GIVN.SW GIVAUDAN SA | COMPLIANT | 0.60% | AAOIFIpass Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahfail |
| 3197.T SKYLARK HOLDINGS COMPANY LTD | COMPLIANT | 0.60% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| 4307.T NOMURA RESEARCH INSTITUTE LTD | COMPLIANT | 0.59% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahpass |
| TPG.AX TPG TELECOM LTD | NON_COMPLIANT | 0.58% | AAOIFI51.2% Usmani47.9% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic28.6% MSCI Islamic M-Seriesfail FTSE Shariah28.6% |
| CEN.NZ CONTACT ENERGY LTD | NON_COMPLIANT | 0.58% | AAOIFIfail Usmanipass Dow Jones Islamicfail S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass |
| D'IETEREN GROUP NV/SA | UNSCREENED | 0.57% | no in-house ratios for this holding |
| FUJIY FUJIFILM HOLDINGS CORP | COMPLIANT | 0.55% | AAOIFI25.3% Usmani19.1% Dow Jones Islamic48.5% S&P Shariah48.9% MSCI Islamic17.0% MSCI Islamic M-Series48.9% FTSE Shariah17.0% |
| 2331.T ALSOK CO LTD | COMPLIANT | 0.54% | AAOIFI16.0% Usmani20.0% Dow Jones Islamicpass S&P Shariahpass MSCI Islamic13.9% MSCI Islamic M-Seriesfail FTSE Shariah13.9% |
| LIFCO-B.ST LIFCO AB | COMPLIANT | 0.54% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| SAP SAP SE | COMPLIANT | 0.53% | AAOIFI3.5% Usmani13.0% Dow Jones Islamic3.1% S&P Shariah3.4% MSCI Islamic10.6% MSCI Islamic M-Series3.4% FTSE Shariah10.6% |
| TOHO CO LTD (TOKYO) | UNSCREENED | 0.51% | no in-house ratios for this holding |
| MNDI.L MONDI PLC | NON_COMPLIANT | 0.48% | AAOIFI66.7% Usmani30.2% Dow Jones Islamic— S&P Shariah— MSCI Islamic28.4% MSCI Islamic M-Series— FTSE Shariah28.4% |
| 5108.T BRIDGESTONE CORP | COMPLIANT | 0.42% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| 3626.T TIS INC | COMPLIANT | 0.22% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahpass |
| 4704.T TREND MICRO INC | NON_COMPLIANT | 0.17% | AAOIFIfail Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahfail |
The published standards disagree about this fund by 35 points of portfolio weight — 66.9% of it passes AAOIFI, 31.8% 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 66.9% ratios fail on 13.0% 12.8% not rated under AAOIFI
ratios pass on 59.0% ratios fail on 18.7% 15.0% not rated under Usmani
ratios pass on 65.2% ratios fail on 12.5% 15.0% not rated under Dow Jones Islamic
ratios pass on 61.8% ratios fail on 15.9% 15.0% not rated under S&P Shariah
ratios pass on 31.8% ratios fail on 45.9% 15.0% not rated under MSCI Islamic
ratios pass on 60.6% ratios fail on 17.1% 15.0% not rated under MSCI Islamic M-Series
ratios pass on 38.4% ratios fail on 39.3% 15.0% not rated under FTSE Shariah
57 of 65 listed holdings carry our own per-methodology verdicts (86% of weight). The rest hold a provider verdict with no methodology breakdown, and are counted as rated by none. Of those, 23 (54% of weight) also carry the underlying debt ratio; the rest show a verdict without the figure behind it.
| Non-compliant holding | Weight |
|---|---|
| 7167.T MEBUKI FINANCIAL GROUP INC | 1.67% |
| 5201.T AGC INC | 1.45% |
| GEHC GE HEALTHCARE TECHNOLOGIES INC | 1.38% |
| ENB.TO ENBRIDGE INC | 1.35% |
| KMTUY KOMATSU LTD | 0.99% |
| 4005.T SUMITOMO CHEMICAL COMPANY LTD | 0.91% |
| 9513.T ELECTRIC POWER DEVELOPMENT CO LTD | 0.85% |
| ALL.AX ARISTOCRAT LEISURE LTD | 0.84% |
| HUH1V.HE HUHTAMAKI OYJ | 0.67% |
| 2502.T ASAHI GROUP HOLDINGS LTD | 0.66% |
Methodology breakdown computing — it will appear here on its own.
Whether the technical picture shows an edge right now. Separate from the Sharia verdict, which this side never overrides.
The factors behind the read, each shown with the figure it rests on, including the ones pointing the other way.
AXS Knowledge Leaders ETF (KNO) 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.
Computing the full ratio and business-activity breakdown for KNO — this runs off the critical path so the page paints first. It will appear here on its own.
Pinch or scroll to zoom · drag to pan — both axes move · double-click to reset
Not enough completed daily bars to compute pivots.
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.
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.
| Indicator | Value | Signal |
|---|---|---|
| RSI (14) | 53.10 | NEUTRAL |
| Stochastic %K (14) | 80.43 | SELL |
| CCI (20) | 7.72 | NEUTRAL |
| Williams %R (14) | -19.57 | SELL |
| MACD (12,26,9) | 0.02 | BUY |
| ROC (10) | 0.77 | BUY |
| Momentum (10) | 0.48 | BUY |
| EMA (10) | 62.85 | BUY |
| SMA (10) | 62.92 | BUY |
| EMA (20) | 62.92 | BUY |
| SMA (20) | 62.93 | BUY |
| EMA (30) | 63.00 | BUY |
| SMA (30) | 62.85 | BUY |
| EMA (50) | 62.98 | BUY |
| SMA (50) | 63.53 | SELL |
| EMA (100) | 62.02 | BUY |
| SMA (100) | 63.09 | BUY |
| EMA (200) | 58.83 | BUY |
| SMA (200) | 59.10 | BUY |
The fund invests primarily in equities the advisor considers to be highly innovative companies or “knowledge leaders.” The portfolio will include a diversified mix of mid- and large-cap companies from the developed world including North America, Europe and Asia. Under normal circumstances, at least 80% of the fund’s assets will be invested in securities the fund’s advisor identifies as knowledge leaders at the time of investment, with not more than 25% in any one industry.
Background via Yahoo Finance — informational, not part of the verdict.
Average — needs more confirmation before sizing up
Market structure by timeframe, read from real bars. A bias per timeframe rather than a forecast — timeframes disagreeing is information, not noise.
| Timeframe | Bias | Bars |
|---|---|---|
| 📅 Daily | BEARISH | 43 |
| ⏲ 5-Min | NEUTRAL | 27 |
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.
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.
The questions worth asking about any verdict on this page, answered plainly.
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.
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.
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.
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.
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 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
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 2026-10-06 · Asset managers net 906615 (+2612)
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.