PIEQETF / FundPrincipal International Equity ETF
Verdicts genuinely change. Free email alert the moment PIEQ'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.
Principal International Equity ETF ETF · Principal Exchange-Traded Funds
36 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 50.98% of portfolio weight is in non-compliant holdings, over the 5% threshold.
36 holdings, 33 matched (95% of weight). Portfolio as of 2026-06-30, filed 2026-08-11. Source: SEC Form N-PORT.
4.81% of this portfolio’s income is non-permissible — weighted across holdings, computed over 78% of portfolio weight (27 of 36 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.
43.6% compliant 0.0% questionable 51.0% non-compliant 5.3% unscreened
All holdings (36)
| Holding | Status | Weight | Every methodology, and the debt ratio behind it |
|---|---|---|---|
| 005930.KS Samsung Electronics Co Ltd | COMPLIANT | 8.00% | AAOIFI1.4% Usmani5.3% Dow Jones Islamicpass S&P Shariahpass MSCI Islamic4.5% MSCI Islamic M-Seriespass FTSE Shariah4.5% |
| TSM Taiwan Semiconductor Manufacturing Co Ltd | COMPLIANT | 6.96% | AAOIFI1.5% Usmani13.8% Dow Jones Islamic0.5% S&P Shariah0.6% MSCI Islamic13.4% MSCI Islamic M-Series0.6% FTSE Shariah13.4% |
| ASML ASML Holding NV | COMPLIANT | 6.80% | AAOIFI0.8% Usmani8.7% Dow Jones Islamic1.3% S&P Shariah1.4% MSCI Islamic8.7% MSCI Islamic M-Series1.4% FTSE Shariah8.7% |
| TECK Teck Resources Ltd | COMPLIANT | 4.15% | AAOIFI11.1% Usmani8.6% Dow Jones Islamic12.4% S&P Shariah12.9% MSCI Islamic8.6% MSCI Islamic M-Series12.9% FTSE Shariah8.6% |
| BATS.L British American Tobacco PLC | NON_COMPLIANT | 3.97% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| A5G.IR AIB Group PLC | NON_COMPLIANT | 3.77% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| 8630.T Sompo Holdings Inc | NON_COMPLIANT | 3.53% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| EBS.VI Erste Group Bank AG | NON_COMPLIANT | 3.43% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| SPOT Spotify Technology SA | NON_COMPLIANT | 3.27% | AAOIFI1.6% Usmani9.7% Dow Jones Islamic1.5% S&P Shariah1.9% MSCI Islamic9.7% MSCI Islamic M-Series1.9% FTSE Shariah9.7% |
| BABA Alibaba Group Holding Ltd | COMPLIANT | 3.21% | AAOIFI7.6% Usmani1.1% Dow Jones Islamic0.2% S&P Shariah0.2% MSCI Islamic1.1% MSCI Islamic M-Series0.2% FTSE Shariah0.0% |
| SU Suncor Energy Inc | COMPLIANT | 3.17% | AAOIFI13.4% Usmani21.2% Dow Jones Islamic19.8% S&P Shariah21.8% MSCI Islamic16.1% MSCI Islamic M-Series21.8% FTSE Shariah16.1% |
| RXL.PA Rexel SA | NON_COMPLIANT | 3.07% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| AZN AstraZeneca PLC | COMPLIANT | 3.05% | AAOIFI— Usmani— Dow Jones Islamic— S&P Shariah— MSCI Islamic— MSCI Islamic M-Series— FTSE Shariah— |
| DTG.DE Daimler Truck Holding AG | NON_COMPLIANT | 2.94% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| HNR1.DE Hannover Rueck SE | NON_COMPLIANT | 2.62% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| BA.L BAE Systems PLC | NON_COMPLIANT | 2.55% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| ETE.AT National Bank of Greece SA | NON_COMPLIANT | 2.47% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| State Street Institutional US Government Money Market Fund | UNSCREENED | 2.47% | no in-house ratios for this holding |
| 1299.HK AIA Group Ltd | NON_COMPLIANT | 2.45% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| 1802.T Obayashi Corp | COMPLIANT | 2.28% | AAOIFIpass Usmanipass Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahpass |
| UCG.MI UniCredit SpA | NON_COMPLIANT | 2.23% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| YUMC Yum China Holdings Inc | NON_COMPLIANT | 2.14% | AAOIFI14.8% Usmani21.2% Dow Jones Islamic13.5% S&P Shariah14.0% MSCI Islamic20.7% MSCI Islamic M-Series14.0% FTSE Shariah0.6% |
| BNP.PA BNP Paribas SA | NON_COMPLIANT | 2.10% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| ICLR ICON PLC | COMPLIANT | 2.06% | AAOIFI17.7% Usmani13.7% Dow Jones Islamic16.8% S&P Shariah13.2% MSCI Islamic13.7% MSCI Islamic M-Series13.2% FTSE Shariah12.9% |
| Hoya Corp | UNSCREENED | 1.99% | no in-house ratios for this holding |
| ARGX Argenx SE | COMPLIANT | 1.96% | AAOIFI— Usmani— Dow Jones Islamic— S&P Shariah— MSCI Islamic— MSCI Islamic M-Series— FTSE Shariah— |
| 0027.HK Galaxy Entertainment Group Ltd | NON_COMPLIANT | 1.85% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| ENT.L Entain PLC | NON_COMPLIANT | 1.74% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| VALE3.SA Vale SA | NON_COMPLIANT | 1.70% | AAOIFIfail Usmanipass Dow Jones Islamicfail S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass |
| 9961.HK Trip.com Group Ltd | NON_COMPLIANT | 1.63% | AAOIFIfail Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| SGE.L Sage Group PLC/The | COMPLIANT | 1.50% | AAOIFIpass Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahfail |
| KMTUY Komatsu Ltd | NON_COMPLIANT | 1.35% | AAOIFI20.8% Usmani23.3% Dow Jones Islamic27.9% S&P Shariah30.2% MSCI Islamic22.1% MSCI Islamic M-Series30.2% FTSE Shariah22.1% |
| SHEL Shell PLC | NON_COMPLIANT | 1.33% | AAOIFI38.4% Usmani20.4% Dow Jones Islamic17.6% S&P Shariah18.0% MSCI Islamic20.4% MSCI Islamic M-Series18.0% FTSE Shariah20.4% |
| ZEG.L Zegona Communications plc | NON_COMPLIANT | 0.85% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| Samsonite Group SA | UNSCREENED | 0.83% | no in-house ratios for this holding |
| GTT.PA Gaztransport Et Technigaz SA | COMPLIANT | 0.48% | AAOIFIpass Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahpass |
The published standards disagree about this fund by 11 points of portfolio weight — 42.9% of it passes Dow Jones Islamic, 32.3% 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 42.2% ratios fail on 47.4% 10.3% not rated under AAOIFI
ratios pass on 34.6% ratios fail on 51.8% 13.5% not rated under Usmani
ratios pass on 42.9% ratios fail on 43.5% 13.5% not rated under Dow Jones Islamic
ratios pass on 42.9% ratios fail on 43.5% 13.5% not rated under S&P Shariah
ratios pass on 32.3% ratios fail on 54.1% 13.5% not rated under MSCI Islamic
ratios pass on 42.9% ratios fail on 43.5% 13.5% not rated under MSCI Islamic M-Series
ratios pass on 35.1% ratios fail on 51.3% 13.5% not rated under FTSE Shariah
33 of 36 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, 11 (42% of weight) also carry the underlying debt ratio; the rest show a verdict without the figure behind it.
| Non-compliant holding | Weight |
|---|---|
| BATS.L British American Tobacco PLC | 3.97% |
| A5G.IR AIB Group PLC | 3.77% |
| 8630.T Sompo Holdings Inc | 3.53% |
| EBS.VI Erste Group Bank AG | 3.43% |
| SPOT Spotify Technology SA | 3.27% |
| RXL.PA Rexel SA | 3.07% |
| DTG.DE Daimler Truck Holding AG | 2.94% |
| HNR1.DE Hannover Rueck SE | 2.62% |
| BA.L BAE Systems PLC | 2.55% |
| ETE.AT National Bank of Greece SA | 2.47% |
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.
Principal International Equity ETF (PIEQ) 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 PIEQ — 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) | 48.00 | NEUTRAL |
| Stochastic %K (14) | 64.96 | NEUTRAL |
| CCI (20) | 26.65 | NEUTRAL |
| Williams %R (14) | -35.04 | NEUTRAL |
| MACD (12,26,9) | 0.09 | BUY |
| ROC (10) | 1.05 | BUY |
| Momentum (10) | 0.37 | BUY |
| EMA (10) | 35.68 | BUY |
| SMA (10) | 35.61 | BUY |
| EMA (20) | 35.74 | SELL |
| SMA (20) | 35.60 | BUY |
| EMA (30) | 35.85 | SELL |
| SMA (30) | 35.87 | SELL |
| EMA (50) | 35.99 | SELL |
| SMA (50) | 36.30 | SELL |
| EMA (100) | 35.92 | SELL |
| SMA (100) | 36.13 | SELL |
| EMA (200) | 35.22 | BUY |
| SMA (200) | 35.55 | BUY |
About Principal International Equity ETF
Under normal circumstances, the fund invests at least 80% of its net assets, plus any borrowings for investment purposes, in equity securities. The fund invests primarily in foreign equity securities, including emerging market securities, such as China. It invests in equity securities of small, medium, and large market capitalization companies.
Background via Yahoo Finance — informational, not part of the verdict.
Average — needs more confirmation before sizing up
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 |
| 🕐 1H | RANGING | 53 |
| ⏱ 15-Min | BEARISH | 130 |
| ⏲ 5-Min | BEARISH | 234 |
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.