MVALETF / FundVanEck Morningstar Wide Moat Value ETF
Verdicts genuinely change. Free email alert the moment MVAL'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.
VanEck Morningstar Wide Moat Value ETF ETF · VanEck ETF Trust
46 holdings · as of 2026-06-30 (4.0 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 45.50% of portfolio weight is in non-compliant holdings, over the 5% threshold.
46 holdings, 42 matched (93% of weight). Portfolio as of 2026-06-30, filed 2026-08-26. Source: SEC Form N-PORT.
0.62% of this portfolio’s income is non-permissible — weighted across holdings, computed over 89% of portfolio weight (41 of 46 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.
44.2% compliant 3.9% questionable 45.4% non-compliant 6.5% unscreened
All holdings (46)
| Holding | Status | Weight | Every methodology, and the debt ratio behind it |
|---|---|---|---|
| KVUE Kenvue Inc | COMPLIANT | 4.76% | AAOIFI24.4% Usmani32.2% Dow Jones Islamic23.6% S&P Shariah24.1% MSCI Islamic32.2% MSCI Islamic M-Series24.1% FTSE Shariah31.7% |
| BF.B Brown-Forman Corp | NON_COMPLIANT | 4.58% | no in-house ratios for this holding |
| BMY Bristol-Myers Squibb Co | NON_COMPLIANT | 4.46% | AAOIFI37.3% Usmani51.1% Dow Jones Islamic42.2% S&P Shariah44.8% MSCI Islamic51.1% MSCI Islamic M-Series44.8% FTSE Shariah48.9% |
| DHR Danaher Corp | COMPLIANT | 4.42% | AAOIFI18.2% Usmani28.8% Dow Jones Islamic17.7% S&P Shariah16.7% MSCI Islamic28.8% MSCI Islamic M-Series16.7% FTSE Shariah28.8% |
| STZ Constellation Brands Inc | NON_COMPLIANT | 4.24% | AAOIFI49.1% Usmani49.0% Dow Jones Islamic38.2% S&P Shariah33.6% MSCI Islamic49.0% MSCI Islamic M-Series33.6% FTSE Shariah46.1% |
| ZBH Zimmer Biomet Holdings Inc | NON_COMPLIANT | 4.22% | AAOIFI40.7% Usmani32.8% Dow Jones Islamic39.1% S&P Shariah36.3% MSCI Islamic32.8% MSCI Islamic M-Series36.3% FTSE Shariah32.8% |
| CLX Clorox Co/The | NON_COMPLIANT | 4.04% | AAOIFI28.0% Usmani45.0% Dow Jones Islamic20.3% S&P Shariah19.4% MSCI Islamic45.0% MSCI Islamic M-Series19.4% FTSE Shariah38.6% |
| GEHC GE HealthCare Technologies Inc | NON_COMPLIANT | 3.56% | AAOIFI34.9% Usmani28.5% Dow Jones Islamic30.2% S&P Shariah30.1% MSCI Islamic28.4% MSCI Islamic M-Series30.1% FTSE Shariah27.3% |
| MAS Masco Corp | COMPLIANT | 3.19% | AAOIFI23.0% Usmani61.8% Dow Jones Islamic22.1% S&P Shariah22.3% MSCI Islamic61.5% MSCI Islamic M-Series22.3% FTSE Shariah56.3% |
| NKE NIKE Inc | COMPLIANT | 2.99% | AAOIFI19.4% Usmani28.7% Dow Jones Islamic21.0% S&P Shariah18.2% MSCI Islamic28.7% MSCI Islamic M-Series18.2% FTSE Shariah20.7% |
| AMAT Applied Materials Inc | COMPLIANT | 2.97% | AAOIFI1.9% Usmani16.6% Dow Jones Islamic3.4% S&P Shariah3.7% MSCI Islamic16.6% MSCI Islamic M-Series3.7% FTSE Shariah14.8% |
| OTIS Otis Worldwide Corp | NON_COMPLIANT | 2.86% | AAOIFI31.9% Usmani77.4% Dow Jones Islamic25.2% S&P Shariah25.0% MSCI Islamic77.4% MSCI Islamic M-Series25.0% FTSE Shariah73.7% |
| US Bancorp | UNSCREENED | 2.69% | no in-house ratios for this holding |
| MSFT Microsoft Corp | QUESTIONABLE | 2.59% | AAOIFI1.5% Usmani7.5% Dow Jones Islamic1.7% S&P Shariah1.8% MSCI Islamic7.5% MSCI Islamic M-Series1.8% FTSE Shariah5.3% |
| SCHW Charles Schwab Corp/The | NON_COMPLIANT | 2.56% | AAOIFI14.6% Usmani5.3% Dow Jones Islamic18.7% S&P Shariah22.0% MSCI Islamic5.3% MSCI Islamic M-Series22.0% FTSE Shariah5.3% |
| UPS United Parcel Service Inc | NON_COMPLIANT | 2.50% | AAOIFI32.8% Usmani40.2% Dow Jones Islamic40.1% S&P Shariah37.0% MSCI Islamic40.2% MSCI Islamic M-Series37.0% FTSE Shariah34.4% |
| BKNG Booking Holdings Inc | COMPLIANT | 2.34% | AAOIFI16.4% Usmani69.7% Dow Jones Islamic13.4% S&P Shariah14.4% MSCI Islamic69.7% MSCI Islamic M-Series14.4% FTSE Shariah68.0% |
| TMO Thermo Fisher Scientific Inc | COMPLIANT | 2.28% | AAOIFI20.5% Usmani40.3% Dow Jones Islamic23.4% S&P Shariah22.9% MSCI Islamic40.3% MSCI Islamic M-Series22.9% FTSE Shariah40.3% |
| McCormick & Co Inc/MD | UNSCREENED | 2.25% | no in-house ratios for this holding |
| TSCO Tractor Supply Co | NON_COMPLIANT | 2.23% | AAOIFI35.6% Usmani53.8% Dow Jones Islamic25.1% S&P Shariah25.5% MSCI Islamic53.4% MSCI Islamic M-Series25.5% FTSE Shariah17.7% |
| NXPI NXP Semiconductors NV | COMPLIANT | 2.21% | AAOIFI22.1% Usmani46.1% Dow Jones Islamic22.1% S&P Shariah22.0% MSCI Islamic46.1% MSCI Islamic M-Series22.0% FTSE Shariah45.1% |
| CPB Campbell's Company/The | NON_COMPLIANT | 2.05% | AAOIFI123.5% Usmani48.1% Dow Jones Islamic84.1% S&P Shariah75.7% MSCI Islamic47.6% MSCI Islamic M-Series75.7% FTSE Shariah45.6% |
| PEP PepsiCo Inc | COMPLIANT | 2.04% | AAOIFI23.4% Usmani39.4% Dow Jones Islamic22.7% S&P Shariah22.0% MSCI Islamic39.4% MSCI Islamic M-Series22.0% FTSE Shariah39.4% |
| MDLZ Mondelez International Inc | COMPLIANT | 1.99% | AAOIFI24.4% Usmani27.5% Dow Jones Islamic24.3% S&P Shariah23.4% MSCI Islamic26.9% MSCI Islamic M-Series23.4% FTSE Shariah25.8% |
| BR Broadridge Financial Solutions Inc | COMPLIANT | 1.95% | AAOIFI17.8% Usmani39.3% Dow Jones Islamic14.8% S&P Shariah15.1% MSCI Islamic39.3% MSCI Islamic M-Series15.1% FTSE Shariah36.4% |
| MKTX MarketAxess Holdings Inc | COMPLIANT | 1.92% | AAOIFI2.0% Usmani4.8% Dow Jones Islamic1.6% S&P Shariah1.6% MSCI Islamic4.8% MSCI Islamic M-Series1.6% FTSE Shariah4.8% |
| A Agilent Technologies Inc | COMPLIANT | 1.68% | AAOIFI9.3% Usmani28.3% Dow Jones Islamic10.8% S&P Shariah10.7% MSCI Islamic28.3% MSCI Islamic M-Series10.7% FTSE Shariah28.3% |
| ZTS Zoetis Inc | NON_COMPLIANT | 1.65% | AAOIFI29.0% Usmani61.3% Dow Jones Islamic15.4% S&P Shariah14.0% MSCI Islamic61.3% MSCI Islamic M-Series14.0% FTSE Shariah60.0% |
| Etsy Inc | UNSCREENED | 1.48% | no in-house ratios for this holding |
| EL Estee Lauder Cos Inc/The | NON_COMPLIANT | 1.43% | AAOIFI25.1% Usmani46.9% Dow Jones Islamic30.8% S&P Shariah26.5% MSCI Islamic46.8% MSCI Islamic M-Series26.5% FTSE Shariah37.0% |
| CTVA Corteva Inc | COMPLIANT | 1.38% | AAOIFI2.9% Usmani4.0% Dow Jones Islamic3.6% S&P Shariah3.9% MSCI Islamic4.0% MSCI Islamic M-Series3.9% FTSE Shariah4.0% |
| MELI MercadoLibre Inc | COMPLIANT | 1.30% | AAOIFI20.1% Usmani38.5% Dow Jones Islamic19.0% S&P Shariah20.6% MSCI Islamic38.3% MSCI Islamic M-Series20.6% FTSE Shariah33.3% |
| META Meta Platforms Inc | QUESTIONABLE | 1.29% | AAOIFI7.2% Usmani25.0% Dow Jones Islamic7.0% S&P Shariah7.9% MSCI Islamic25.0% MSCI Islamic M-Series7.9% FTSE Shariah18.6% |
| SPGI S&P Global Inc | COMPLIANT | 1.22% | AAOIFI10.6% Usmani22.9% Dow Jones Islamic9.4% S&P Shariah9.8% MSCI Islamic22.9% MSCI Islamic M-Series9.8% FTSE Shariah21.9% |
| NOC Northrop Grumman Corp | NON_COMPLIANT | 1.20% | AAOIFI23.3% Usmani33.6% Dow Jones Islamic21.9% S&P Shariah23.0% MSCI Islamic33.6% MSCI Islamic M-Series23.0% FTSE Shariah29.9% |
| ALLE Allegion plc | COMPLIANT | 1.18% | AAOIFI17.0% Usmani41.5% Dow Jones Islamic17.5% S&P Shariah18.7% MSCI Islamic41.5% MSCI Islamic M-Series18.7% FTSE Shariah37.9% |
| WST West Pharmaceutical Services Inc | COMPLIANT | 1.10% | AAOIFI1.3% Usmani7.8% Dow Jones Islamic1.6% S&P Shariah1.4% MSCI Islamic7.7% MSCI Islamic M-Series1.4% FTSE Shariah5.0% |
| ABNB Airbnb Inc | NON_COMPLIANT | 1.10% | AAOIFI2.3% Usmani8.7% Dow Jones Islamic3.1% S&P Shariah3.1% MSCI Islamic8.7% MSCI Islamic M-Series3.1% FTSE Shariah8.6% |
| IEX IDEX Corp | COMPLIANT | 1.03% | AAOIFI11.3% Usmani27.2% Dow Jones Islamic13.0% S&P Shariah12.7% MSCI Islamic27.2% MSCI Islamic M-Series12.7% FTSE Shariah26.8% |
| BX Blackstone Inc | NON_COMPLIANT | 1.03% | AAOIFI7.9% Usmani26.7% Dow Jones Islamic12.7% S&P Shariah13.8% MSCI Islamic26.7% MSCI Islamic M-Series13.8% FTSE Shariah26.7% |
| DPZ Domino's Pizza Inc | NON_COMPLIANT | 0.97% | AAOIFI45.3% Usmani297.7% Dow Jones Islamic37.0% S&P Shariah36.3% MSCI Islamic290.5% MSCI Islamic M-Series36.3% FTSE Shariah277.0% |
| JKHY Jack Henry & Associates Inc | COMPLIANT | 0.85% | AAOIFI1.1% Usmani4.1% Dow Jones Islamic1.1% S&P Shariah1.1% MSCI Islamic4.1% MSCI Islamic M-Series1.1% FTSE Shariah2.9% |
| HII Huntington Ingalls Industries Inc | NON_COMPLIANT | 0.81% | AAOIFI25.6% Usmani23.1% Dow Jones Islamic27.0% S&P Shariah28.2% MSCI Islamic23.1% MSCI Islamic M-Series28.2% FTSE Shariah21.3% |
| CPRT Copart Inc | COMPLIANT | 0.78% | AAOIFI0.3% Usmani0.9% Dow Jones Islamic0.2% S&P Shariah0.2% MSCI Islamic0.9% MSCI Islamic M-Series0.2% FTSE Shariah0.0% |
| HSY Hershey Co/The | COMPLIANT | 0.67% | AAOIFI15.8% Usmani39.9% Dow Jones Islamic13.9% S&P Shariah13.9% MSCI Islamic39.4% MSCI Islamic M-Series13.9% FTSE Shariah37.1% |
| State Street Global Advisors | UNSCREENED | 0.13% | no in-house ratios for this holding |
The published standards disagree about this fund by 34 points of portfolio weight — 66.2% of it passes Dow Jones Islamic, 32.5% 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 57.5% ratios fail on 30.8% 11.9% not rated under AAOIFI
ratios pass on 36.9% ratios fail on 44.6% 18.7% not rated under Usmani
ratios pass on 66.2% ratios fail on 22.1% 11.9% not rated under Dow Jones Islamic
ratios pass on 66.2% ratios fail on 22.1% 11.9% not rated under S&P Shariah
ratios pass on 32.5% ratios fail on 51.9% 15.8% not rated under MSCI Islamic
ratios pass on 66.2% ratios fail on 22.1% 11.9% not rated under MSCI Islamic M-Series
ratios pass on 43.2% ratios fail on 41.2% 15.8% not rated under FTSE Shariah
41 of 46 listed holdings carry our own per-methodology verdicts (89% of weight). The rest hold a provider verdict with no methodology breakdown, and are counted as rated by none.
| Non-compliant holding | Weight |
|---|---|
| BF.B Brown-Forman Corp | 4.58% |
| BMY Bristol-Myers Squibb Co | 4.46% |
| STZ Constellation Brands Inc | 4.24% |
| ZBH Zimmer Biomet Holdings Inc | 4.22% |
| CLX Clorox Co/The | 4.04% |
| GEHC GE HealthCare Technologies Inc | 3.56% |
| OTIS Otis Worldwide Corp | 2.86% |
| SCHW Charles Schwab Corp/The | 2.56% |
| UPS United Parcel Service Inc | 2.50% |
| TSCO Tractor Supply Co | 2.23% |
Methodology breakdown computing — it will appear here on its own.
Trade setup
Whether the technical picture shows an edge right now. Separate from the Sharia verdict, which this side never overrides.
Why this signal?
The factors behind the read, each shown with the figure it rests on, including the ones pointing the other way.
VanEck Morningstar Wide Moat Value ETF (MVAL) 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.
🕌 In-house Compliance Research
Computing the full ratio and business-activity breakdown for MVAL — 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
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.
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.
Every indicator, and what it reads
| Indicator | Value | Signal |
|---|---|---|
| RSI (14) | 64.60 | NEUTRAL |
| Stochastic %K (14) | 89.72 | SELL |
| CCI (20) | 98.71 | NEUTRAL |
| Williams %R (14) | -10.28 | SELL |
| MACD (12,26,9) | 0.15 | BUY |
| ROC (10) | 2.56 | BUY |
| Momentum (10) | 0.98 | BUY |
| EMA (10) | 38.81 | BUY |
| SMA (10) | 38.91 | BUY |
| EMA (20) | 38.38 | BUY |
| SMA (20) | 38.04 | BUY |
| EMA (30) | 38.20 | BUY |
| SMA (30) | 37.69 | BUY |
| EMA (50) | 38.05 | BUY |
| SMA (50) | 38.11 | BUY |
| EMA (100) | 37.76 | BUY |
| SMA (100) | 37.82 | BUY |
| EMA (200) | 37.28 | BUY |
| SMA (200) | 37.34 | BUY |
About VanEck Morningstar Wide Moat Value ETF
The fund invests at least 80% of its total assets in securities that comprise the fund’s benchmark index. The index is comprised of equity securities of companies that Morningstar, Inc. determines have sustainable competitive advantages based on a proprietary methodology that considers quantitative and qualitative factors and are attractively priced and weighted according to a modified equal weighting scheme that tilts exposure in favor of pure value companies. It is non-diversified.
Background via Yahoo Finance — informational, not part of the verdict.
Weak — low conviction, small size or skip
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.
| Timeframe | Bias | Bars |
|---|---|---|
| 📅 Daily | BULLISH | 43 |
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.
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 2026-10-20 · Asset managers net 901377 (-14458)
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.