ONLNETF / FundProShares Online Retail ETF
Verdicts genuinely change. Free email alert the moment ONLN'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.
ProShares Online Retail ETF ETF · ProShares Trust
27 holdings · as of 2026-08-31 (2.0 months ago)
NON-COMPLIANT 10.78% of portfolio weight is in non-compliant holdings, over the 5% threshold.
27 holdings, 19 matched (95% of weight). Portfolio as of 2026-08-31, filed 2026-10-28. Source: SEC Form N-PORT.
0.94% of this portfolio’s income is non-permissible — weighted across holdings, computed over 95% of portfolio weight (19 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.
54.8% compliant 29.1% questionable 10.8% non-compliant 5.3% unscreened
All holdings (27)
| Holding | Status | Weight | Every methodology, and the debt ratio behind it |
|---|---|---|---|
| AMZN Amazon.com, Inc. | QUESTIONABLE | 26.54% | AAOIFI8.2% Usmani22.1% Dow Jones Islamic9.6% S&P Shariah10.6% MSCI Islamic20.9% MSCI Islamic M-Series10.6% FTSE Shariah12.1% |
| EBAY eBay, Inc. | COMPLIANT | 8.14% | AAOIFI13.9% Usmani35.6% Dow Jones Islamic16.9% S&P Shariah19.4% MSCI Islamic35.6% MSCI Islamic M-Series19.4% FTSE Shariah33.4% |
| BABA Alibaba Group Holding Ltd. | COMPLIANT | 7.90% | AAOIFI7.6% Usmani1.1% Dow Jones Islamic0.2% S&P Shariah0.2% MSCI Islamic1.1% MSCI Islamic M-Series0.2% FTSE Shariah0.0% |
| PDD PDD Holdings, Inc. | NON_COMPLIANT | 5.12% | AAOIFI0.7% Usmani0.9% Dow Jones Islamic0.1% S&P Shariah0.1% MSCI Islamic0.9% MSCI Islamic M-Series0.1% FTSE Shariah0.0% |
| CVNA Carvana Co. | COMPLIANT | 4.92% | AAOIFI6.8% Usmani38.2% Dow Jones Islamic8.2% S&P Shariah10.9% MSCI Islamic38.2% MSCI Islamic M-Series10.9% FTSE Shariah35.5% |
| MELI MercadoLibre, Inc. | COMPLIANT | 4.45% | AAOIFI20.1% Usmani38.5% Dow Jones Islamic19.0% S&P Shariah20.6% MSCI Islamic38.3% MSCI Islamic M-Series20.6% FTSE Shariah33.3% |
| FIGS Figs, Inc. | COMPLIANT | 4.18% | AAOIFI2.4% Usmani9.9% Dow Jones Islamic4.1% S&P Shariah4.5% MSCI Islamic9.9% MSCI Islamic M-Series4.5% FTSE Shariah0.0% |
| CPNG Coupang, Inc. | COMPLIANT | 3.86% | AAOIFI20.5% Usmani32.4% Dow Jones Islamic13.3% S&P Shariah14.3% MSCI Islamic32.4% MSCI Islamic M-Series14.3% FTSE Shariah15.0% |
| WSM Williams-Sonoma, Inc. | COMPLIANT | 3.59% | AAOIFI5.6% Usmani27.7% Dow Jones Islamic6.9% S&P Shariah7.7% MSCI Islamic27.7% MSCI Islamic M-Series7.7% FTSE Shariah0.0% |
| SE Sea Ltd. | COMPLIANT | 3.47% | AAOIFI3.7% Usmani8.8% Dow Jones Islamic3.3% S&P Shariah4.1% MSCI Islamic8.6% MSCI Islamic M-Series4.1% FTSE Shariah3.6% |
| GCT GigaCloud Technology, Inc. | NON_COMPLIANT | 3.38% | AAOIFI— Usmani— Dow Jones Islamicfail S&P Shariah— MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariah— |
| W Wayfair, Inc. | COMPLIANT | 3.35% | AAOIFI29.3% Usmani116.8% Dow Jones Islamic38.9% S&P Shariah41.3% MSCI Islamic116.8% MSCI Islamic M-Series41.3% FTSE Shariah93.9% |
| CHWY Chewy, Inc. | COMPLIANT | 3.20% | AAOIFI13.8% Usmani31.0% Dow Jones Islamic8.9% S&P Shariah10.1% MSCI Islamic31.0% MSCI Islamic M-Series10.1% FTSE Shariah15.8% |
| LQDT Liquidity Services, Inc. | COMPLIANT | 2.97% | AAOIFI1.0% Usmani3.2% Dow Jones Islamic1.5% S&P Shariah1.7% MSCI Islamic3.2% MSCI Islamic M-Series1.7% FTSE Shariah0.0% |
| Etsy, Inc. | UNSCREENED | 2.86% | no in-house ratios for this holding |
| PTRN Pattern Group, Inc. | QUESTIONABLE | 2.60% | AAOIFI1.7% Usmani4.8% Dow Jones Islamicpass S&P Shariahpass MSCI Islamic4.8% MSCI Islamic M-Seriespass FTSE Shariah0.0% |
| RealReal, Inc. (The) | UNSCREENED | 2.41% | no in-house ratios for this holding |
| RVLV Revolve Group, Inc. | COMPLIANT | 2.34% | AAOIFI2.0% Usmani3.7% Dow Jones Islamic1.7% S&P Shariah1.9% MSCI Islamic3.7% MSCI Islamic M-Series1.9% FTSE Shariah0.0% |
| JD JD.com, Inc. | NON_COMPLIANT | 2.27% | AAOIFI28.5% Usmani11.2% Dow Jones Islamic12.5% S&P Shariah13.4% MSCI Islamic11.2% MSCI Islamic M-Series13.4% FTSE Shariah6.4% |
| TDUP ThredUp, Inc. | COMPLIANT | 1.27% | AAOIFI14.2% Usmani29.7% Dow Jones Islamic7.9% S&P Shariah9.7% MSCI Islamic29.7% MSCI Islamic M-Series9.7% FTSE Shariah10.4% |
| GLBE Global-e Online Ltd. | UNRATED | 1.19% | AAOIFI0.3% Usmani1.6% Dow Jones Islamic0.4% S&P Shariah0.4% MSCI Islamic1.6% MSCI Islamic M-Series0.4% FTSE Shariah0.0% |
| Repurchase Agreement | UNSCREENED | 0.01% | no in-house ratios for this holding |
| Repurchase Agreement | UNSCREENED | 0.01% | no in-house ratios for this holding |
| Repurchase Agreement | UNSCREENED | 0.01% | no in-house ratios for this holding |
| Repurchase Agreement | UNSCREENED | 0.00% | no in-house ratios for this holding |
| Repurchase Agreement | UNSCREENED | 0.00% | no in-house ratios for this holding |
| Ozon Holdings plc | UNSCREENED | 0.00% | no in-house ratios for this holding |
The published standards disagree about this fund by 37 points of portfolio weight — 76.1% of it passes AAOIFI, 38.8% 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 76.1% ratios fail on 15.3% 8.7% not rated under AAOIFI
ratios pass on 44.8% ratios fail on 34.2% 21.0% not rated under Usmani
ratios pass on 72.7% ratios fail on 14.1% 13.2% not rated under Dow Jones Islamic
ratios pass on 75.0% ratios fail on 8.5% 16.6% not rated under S&P Shariah
ratios pass on 38.8% ratios fail on 43.6% 17.6% not rated under MSCI Islamic
ratios pass on 72.7% ratios fail on 14.1% 13.2% not rated under MSCI Islamic M-Series
ratios pass on 42.2% ratios fail on 36.8% 21.0% not rated under FTSE Shariah
19 of 27 listed holdings carry our own per-methodology verdicts (95% of weight). The rest hold a provider verdict with no methodology breakdown, and are counted as rated by none. Of those, 18 (91% of weight) also carry the underlying debt ratio; the rest show a verdict without the figure behind it.
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.
ProShares Online Retail ETF (ONLN) 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.
Still fetching analyst coverage — it ran past this page's budget, so the page painted without waiting. The fetch is still running; reload in a moment and it will be here.
🕌 In-house Compliance Research
Computing the full ratio and business-activity breakdown for ONLN — 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) | 49.50 | NEUTRAL |
| Stochastic %K (14) | 29.45 | NEUTRAL |
| CCI (20) | -13.26 | NEUTRAL |
| Williams %R (14) | -70.55 | NEUTRAL |
| MACD (12,26,9) | -0.03 | SELL |
| ROC (10) | -0.88 | SELL |
| Momentum (10) | -0.50 | SELL |
| EMA (10) | 56.87 | SELL |
| SMA (10) | 57.08 | SELL |
| EMA (20) | 56.72 | SELL |
| SMA (20) | 56.83 | SELL |
| EMA (30) | 56.67 | SELL |
| SMA (30) | 56.13 | BUY |
| EMA (50) | 56.73 | SELL |
| SMA (50) | 56.60 | SELL |
| EMA (100) | 56.93 | SELL |
| SMA (100) | 56.87 | SELL |
| EMA (200) | 57.16 | SELL |
| SMA (200) | 56.78 | SELL |
About ProShares Online Retail ETF
The fund invests in financial instruments that ProShare Advisors believes, in combination, should track the performance of the index. The index is designed to measure the performance of U.S.-listed companies deemed to be “Online Retailers.”Under normal circumstances, it will invest at least 80% of its total assets in components of the index or in instruments with similar economic characteristics. The fund is non-diversified.
Background via Yahoo Finance — informational, not part of the 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.
| Timeframe | Bias | Bars |
|---|---|---|
| 📅 Daily | RANGING | 42 |
| ⏱ 15-Min | BEARISH | 52 |
| ⏲ 5-Min | BEARISH | 157 |
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.