MXEETF / FundMexico Equity and Income Fund
Verdicts genuinely change. Free email alert the moment MXE'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.
Mexico Equity and Income Fund · Mexico Equity & Income Fund Inc
27 holdings
NON-COMPLIANT At least 24.16% of portfolio weight is in non-compliant holdings — already over the 5% threshold, so the verdict is settled whatever the unmatched 46% turns out to be. Matching more holdings can only raise this share, never lower it.
27 holdings, 12 matched (55% of weight). Portfolio as of 2026-07-31, filed 2026-09-29. Source: SEC Form N-PORT.
1.77% of this portfolio’s income is non-permissible — weighted across holdings, computed over 45% of portfolio weight (10 of 27 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.
Portfolio shares are withheld: coverage is below the floor needed to state one. The holdings themselves are below, because the names are evidence you can check.
All holdings (27)
| Holding | Status | Weight | Every methodology, and the debt ratio behind it |
|---|---|---|---|
| GRUPO FINANCIERO BANORTE SAB DE CV | UNSCREENED | 15.58% | no in-house ratios for this holding |
| GMEXICOB.MX GRUPO MEXICO SAB DE CV | COMPLIANT | 15.33% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| GENTERA.MX GENTERA SAB DE CV | NON_COMPLIANT | 7.42% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| GRUPO AEROPORTUARIO DEL PACIFICO SA DE CV | UNSCREENED | 5.32% | no in-house ratios for this holding |
| FEMSAUBD.MX FOMENTO ECONOMICO MEXICANO SAB DE CV | NON_COMPLIANT | 4.56% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| GRUPO AEROPORTUARIO DEL SURESTE SAB/DE/CV | UNSCREENED | 4.30% | no in-house ratios for this holding |
| TBBB BBB FOODS INC | COMPLIANT | 4.19% | AAOIFI39.1% Usmani7.4% Dow Jones Islamic3.7% S&P Shariah3.9% MSCI Islamic7.4% MSCI Islamic M-Series3.9% FTSE Shariah7.4% |
| PE&OLES.MX INDUSTRIAS PENOLES SAB DE CV | COMPLIANT | 4.00% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| AC.MX ARCA CONTINENTAL SAB DE CV | COMPLIANT | 3.94% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| ESENTIAII.MX ESENTIA ENERGY DEVELOPMENT SAB DE CV | NON_COMPLIANT | 3.58% | AAOIFI128.1% Usmani65.8% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic65.7% MSCI Islamic M-Seriesfail FTSE Shariah65.7% |
| CORPORACION INMOBILIARIA VESTA SAB DE CV | UNSCREENED | 3.21% | no in-house ratios for this holding |
| GCC.MX GCC SAB DE CV | COMPLIANT | 3.18% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| AMXB.MX AMERICA MOVIL SAB DE CV | NON_COMPLIANT | 2.54% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| LA COMER SAB DE CV | UNSCREENED | 2.41% | no in-house ratios for this holding |
| Gbm Administradora De Actv Sa De Cv | UNSCREENED | 2.40% | no in-house ratios for this holding |
| PROMOTORA Y OPERADORA DE INFRAESTRUCTURA SAB/DE/CV | UNSCREENED | 2.25% | no in-house ratios for this holding |
| WAL-MART DE MEXICO SAB DE CV (WAL-MART DE MEXICO SA DE CV) | UNSCREENED | 2.24% | no in-house ratios for this holding |
| BBAJIOO.MX BANCO DEL BAJIO SA | NON_COMPLIANT | 2.19% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| BIMBOA.MX GRUPO BIMBO SAB DE CV | NON_COMPLIANT | 2.12% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| GRUPO AEROPORTUARIO DEL CENTRO SAB DE CV | UNSCREENED | 2.11% | no in-house ratios for this holding |
| FIBRA MONTERREY SAPI DE CV | UNSCREENED | 1.96% | no in-house ratios for this holding |
| NEMAKA.MX NEMAK SAB DE CV | NON_COMPLIANT | 1.75% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| CEMEX-CEMENTOS MEXICANOS SAB DE CV | UNSCREENED | 1.22% | no in-house ratios for this holding |
| HSBC DISCOVERY MEXICO | UNSCREENED | 1.05% | no in-house ratios for this holding |
| CONTROLADORA VUELA COMPANIA DE AVIACION SAB DE CV | UNSCREENED | 0.71% | no in-house ratios for this holding |
| MORGAN STANLEY INSTITUTIONAL LIQUIDITY FUNDS | UNSCREENED | 0.51% | no in-house ratios for this holding |
| GRUPE SAB DE CV | UNSCREENED | 0.25% | no in-house ratios for this holding |
All 7 published standards agree about this fund to within 0.0 points of portfolio weight.
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 26.4% ratios fail on 28.3% 45.5% not rated under AAOIFI
ratios pass on 26.4% ratios fail on 24.2% 49.7% not rated under Usmani
ratios pass on 26.4% ratios fail on 24.2% 49.7% not rated under Dow Jones Islamic
ratios pass on 26.4% ratios fail on 24.2% 49.7% not rated under S&P Shariah
ratios pass on 26.4% ratios fail on 24.2% 49.7% not rated under MSCI Islamic
ratios pass on 26.4% ratios fail on 24.2% 49.7% not rated under MSCI Islamic M-Series
ratios pass on 26.4% ratios fail on 24.2% 49.7% not rated under FTSE Shariah
12 of 27 listed holdings carry our own per-methodology verdicts (55% of weight). The rest hold a provider verdict with no methodology breakdown, and are counted as rated by none. Of those, 2 (8% of weight) also carry the underlying debt ratio; the rest show a verdict without the figure behind it.
| Non-compliant holding | Weight |
|---|---|
| GENTERA.MX GENTERA SAB DE CV | 7.42% |
| FEMSAUBD.MX FOMENTO ECONOMICO MEXICANO SAB DE CV | 4.56% |
| ESENTIAII.MX ESENTIA ENERGY DEVELOPMENT SAB DE CV | 3.58% |
| AMXB.MX AMERICA MOVIL SAB DE CV | 2.54% |
| BBAJIOO.MX BANCO DEL BAJIO SA | 2.19% |
| BIMBOA.MX GRUPO BIMBO SAB DE CV | 2.12% |
| NEMAKA.MX NEMAK SAB DE CV | 1.75% |
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.
Mexico Equity and Income Fund (MXE) 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 MXE — 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.
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) | 42.90 | NEUTRAL |
| Stochastic %K (14) | 30.58 | NEUTRAL |
| CCI (20) | 5.23 | NEUTRAL |
| Williams %R (14) | -69.42 | NEUTRAL |
| MACD (12,26,9) | -0.01 | SELL |
| ROC (10) | -3.38 | SELL |
| Momentum (10) | -0.44 | SELL |
| EMA (10) | 12.73 | SELL |
| SMA (10) | 12.83 | SELL |
| EMA (20) | 12.78 | SELL |
| SMA (20) | 12.74 | SELL |
| EMA (30) | 12.84 | SELL |
| SMA (30) | 12.77 | SELL |
| EMA (50) | 12.94 | SELL |
| SMA (50) | 13.03 | SELL |
| EMA (100) | 13.05 | SELL |
| SMA (100) | 13.13 | SELL |
| EMA (200) | 12.99 | SELL |
| SMA (200) | 13.27 | SELL |
About Mexico Equity and Income Fund
Financial Services · Asset Management
Mexico Equity & Income Fund Inc. is a closed ended balanced mutual fund launched and managed by Pichardo Asset Management, S.A. de C.V. The fund invests in the fixed income and public equity markets of Mexico. It also invests some portion in the convertible securities. The fund invests in the stocks of companies operating across diversified sectors. It benchmarks the performance of its portfolio against the Mexbol and MSCI Mexico Index. Mexico Equity & Income Fund Inc. was formed on May 24, 1990 and is domiciled in the United States.
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 | RANGING | 37 |
| ⏱ 15-Min | BULLISH | 30 |
| ⏲ 5-Min | RANGING | 90 |
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 2026-10-27 · Asset managers net 923449 (+22072)
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.