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HALAL TRADING ROOM Sharia-screened signals
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NERDETF / FundRoundhill Video Games ETF

$22.23 last close 2026-11-03
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Verdicts genuinely change. Free email alert the moment NERD's does — no target price to set, unlike "Alert" above.

Sharia status
NOT COMPLIANT
Screened by look-through to its filed holdings — 74% of portfolio weight covered
Fund look-through

Roundhill Video Games ETF · Listed Funds Trust

41 holdings

This fund holds short positions, so exposure is counted gross — long and short both count as exposure rather than netting off, and the weights below therefore sum to 112% of net assets rather than 100%. Shares of the portfolio are shown as shares of that gross exposure.

NON-COMPLIANT 33.27% of portfolio weight is in non-compliant holdings, over the 5% threshold.

41 holdings, 31 matched (74% of weight). Portfolio as of 2026-06-30, filed 2026-08-26. Source: SEC Form N-PORT.

2.14% of this portfolio’s income is non-permissible — weighted across holdings, computed over 74% of portfolio weight (31 of 41 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.

36.3% compliant 7.4% questionable 29.8% non-compliant 26.5% unscreened

All holdings (41)
HoldingStatusWeightEvery methodology, and the debt ratio behind it
NTES NetEase Inc NON_COMPLIANT 12.26% AAOIFI0.9% Usmani0.3% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.3% MSCI Islamic M-Series0.0% FTSE Shariah0.2%
Mount Vernon Liquid Assets Portfolio, LLC UNSCREENED 11.97% no in-house ratios for this holding
Electronic Arts Inc UNSCREENED 8.84% no in-house ratios for this holding
7974.T Nintendo Co Ltd COMPLIANT 8.69% AAOIFIpass Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahfail
TTWO Take-Two Interactive Software QUESTIONABLE 8.31% AAOIFI7.4% Usmani32.6% Dow Jones Islamic7.5% S&P Shariah8.5% MSCI Islamic32.6% MSCI Islamic M-Series8.5% FTSE Shariah27.9%
RBLX ROBLOX Corp COMPLIANT 7.55% AAOIFI5.7% Usmani18.8% Dow Jones Islamic3.5% S&P Shariah4.2% MSCI Islamic18.8% MSCI Islamic M-Series4.2% FTSE Shariah10.4%
7832.T Bandai Namco Holdings Inc COMPLIANT 4.27% AAOIFIpass Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahfail
9766.T Konami Group Corp COMPLIANT 4.24% AAOIFIpass Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahfail
U Unity Software Inc COMPLIANT 4.02% AAOIFI0.5% Usmani1.3% Dow Jones Islamic0.7% S&P Shariah0.7% MSCI Islamic1.3% MSCI Islamic M-Series0.7% FTSE Shariah0.0%
3659.T Nexon Co Ltd NON_COMPLIANT 3.31% AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail
9697.T Capcom Co Ltd COMPLIANT 3.18% AAOIFIpass Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahfail
International Games System Co UNSCREENED 2.61% no in-house ratios for this holding
259960.KS Krafton Inc NON_COMPLIANT 2.57% AAOIFIfail Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahfail
CDR.WA CD Projekt SA NON_COMPLIANT 2.39% AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail
9684.T Square Enix Holdings Co Ltd COMPLIANT 2.26% AAOIFIpass Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahfail
3888.HK Kingsoft Corp Ltd NON_COMPLIANT 1.88% AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail
NC Corp UNSCREENED 1.75% no in-house ratios for this holding
3635.T Koei Tecmo Holdings Co Ltd NON_COMPLIANT 1.65% AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail
6460.T Sega Sammy Holdings Inc COMPLIANT 1.57% AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahpass
2400.HK XD Inc COMPLIANT 1.55% AAOIFIpass Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahfail
251270.KS Netmarble Corp NON_COMPLIANT 1.19% AAOIFIfail Usmanipass Dow Jones Islamicfail S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass
2432.T DeNA Co Ltd NON_COMPLIANT 1.18% AAOIFIfail Usmanipass Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahpass
MTG-B.ST Modern Times Group MTG AB COMPLIANT 1.12% AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass
EMBRAC-B.ST Embracer Group AB NON_COMPLIANT 1.10% AAOIFIfail Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass
PDX.ST Paradox Interactive AB COMPLIANT 1.07% AAOIFIpass Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahfail
PLTK Playtika Holding Corp NON_COMPLIANT 1.03% AAOIFI299.1% Usmani76.2% Dow Jones Islamic148.2% S&P Shariah126.3% MSCI Islamic76.2% MSCI Islamic M-Series126.3% FTSE Shariah72.4%
Pearl Abyss Corp UNSCREENED 1.01% no in-house ratios for this holding
SHIFT UP Corp UNSCREENED 0.95% no in-house ratios for this holding
2121.T MIXI Inc NON_COMPLIANT 0.91% AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail
GungHo Online Entertainment In UNSCREENED 0.80% no in-house ratios for this holding
UBI.PA Ubisoft Entertainment SA NON_COMPLIANT 0.76% AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail
192080.KS DoubleUGames Co Ltd NON_COMPLIANT 0.74% AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail
NHN Corp UNSCREENED 0.66% no in-house ratios for this holding
9890.HK Tanwan Inc NON_COMPLIANT 0.63% AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail
HUYA HUYA Inc NON_COMPLIANT 0.59% AAOIFI4.1% Usmani0.3% Dow Jones Islamic0.5% S&P Shariah0.6% MSCI Islamic0.3% MSCI Islamic M-Series0.6% FTSE Shariah0.0%
0777.HK NetDragon Websoft Holdings Ltd NON_COMPLIANT 0.56% AAOIFIfail Usmanipass Dow Jones Islamicfail S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass
0799.HK IGG Inc NON_COMPLIANT 0.54% AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail
EVPL.L Everplay Group PLC COMPLIANT 0.50% AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass
Wemade Co Ltd UNSCREENED 0.50% no in-house ratios for this holding
COFFEE-B.ST Coffee Stain Group AB COMPLIANT 0.49% AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass
Kakao Games Corp UNSCREENED 0.48% no in-house ratios for this holding

The published standards disagree about this fund by 47 points of portfolio weight — 61.3% of it passes Dow Jones Islamic, 13.9% 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 44.8% ratios fail on 33.3% 33.6% not rated under AAOIFI

31 of 41 listed holdings carry our own per-methodology verdicts (82% of weight). The rest hold a provider verdict with no methodology breakdown, and are counted as rated by none. Of those, 6 (34% of weight) also carry the underlying debt ratio; the rest show a verdict without the figure behind it.

Non-compliant holdingWeight
NTES NetEase Inc 12.26%
3659.T Nexon Co Ltd 3.31%
259960.KS Krafton Inc 2.57%
CDR.WA CD Projekt SA 2.39%
3888.HK Kingsoft Corp Ltd 1.88%
3635.T Koei Tecmo Holdings Co Ltd 1.65%
251270.KS Netmarble Corp 1.19%
2432.T DeNA Co Ltd 1.18%
EMBRAC-B.ST Embracer Group AB 1.10%
PLTK Playtika Holding Corp 1.03%

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 · 7.7% aligned
VWAPPrice holding above VWAP ($22.17)
VolumeRelative volume 26.6× the 20-day average
Momentum10-day rate of change -5.0%

Roundhill Video Games ETF (NERD) 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)
-5.0%
rate of change
SMC grade
F · 29
7.7% aligned
F · 29
SMC grade — 7.7% timeframe alignment
-5.0%
Rate of change (10d)

🕌 In-house Compliance Research

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

26.2824.4822.6820.8919.092025-11-042026-05-062026-11-03

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

Support & Resistance
S3
21.78
S2
21.89
S1
21.98
PIVOT
22.09
R1
22.18
R2
22.29
R3
22.38

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
21.35 – 23.04
±3.81% from 22.20, made 2026-09-25 · resolves 2026-10-02
SELL
from 19 indicators
61.9% of our last 5789 forecasts — across every instrument we forecast, not just this one — 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.

STRONG SELL
19 indicators
OscillatorsSTRONG SELL
0 buy · 4 neutral · 3 sell
Moving averagesSTRONG SELL
3 buy · 0 neutral · 9 sell
Every indicator, and what it reads
IndicatorValueSignal
RSI (14)43.60NEUTRAL
Stochastic %K (14)24.20NEUTRAL
CCI (20)-82.04NEUTRAL
Williams %R (14)-75.80NEUTRAL
MACD (12,26,9)-0.12SELL
ROC (10)-5.02SELL
Momentum (10)-1.18SELL
EMA (10)22.40SELL
SMA (10)22.54SELL
EMA (20)22.52SELL
SMA (20)22.69SELL
EMA (30)22.52SELL
SMA (30)22.53SELL
EMA (50)22.39SELL
SMA (50)22.51SELL
EMA (100)22.11BUY
SMA (100)21.75BUY
EMA (200)22.30SELL
SMA (200)21.53BUY

About Roundhill Video Games ETF

The fund is an actively managed exchange-traded fund (“ETF”) that seeks to achieve its investment objective by investing in the equity securities of Video Game Companies. It invests, under normal circumstances, at least 80% of its net assets (plus borrowings for investment purposes) in Video Games Companies. The fund may invest in shares of companies through initial public offerings (“IPOs”) or in shares of companies that have recently gone through an IPO and are now publicly traded on a stock exchange. The fund is non-diversified.

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

Grade verdict

No real edge — avoid

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 RANGING 41
⏱ 15-Min NEUTRAL 22
⏲ 5-Min BULLISH 68

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.

-5.0%
Rate of change (10d)
26.6×
Volume vs its 20-day average
-0.08
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 2026-10-27 · 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.

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.