PIFIETF / FundClearShares Piton Intermediate Fixed Income ETF
Verdicts genuinely change. Free email alert the moment PIFI'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.
ClearShares Piton Intermediate Fixed Income ETF ETF · ETF Series Solutions
55 holdings · as of 2026-08-31 (2.0 months ago)
NON-COMPLIANT 76.05% of portfolio weight is in non-compliant holdings, over the 5% threshold.
59.60% of that is conventional interest-bearing debt, identified from the fund's own filing rather than by screening an issuer. Sukuk are deliberately excluded from this test and are never counted here.
55 holdings, 46 matched (89% of weight). Portfolio as of 2026-08-31, filed 2026-10-30. Source: SEC Form N-PORT.
7.08% of this portfolio’s income is non-permissible — weighted across holdings, computed over 26% of portfolio weight (20 of 55 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.
8.7% compliant 3.6% questionable 76.1% non-compliant 10.8% unscreened
All holdings (55)
| Holding | Status | Weight | Every methodology, and the debt ratio behind it |
|---|---|---|---|
| US TREASURY N/B | NON_COMPLIANT | 6.29% | no in-house ratios for this holding |
| US TREASURY N/B | NON_COMPLIANT | 4.83% | no in-house ratios for this holding |
| US TREASURY N/B | NON_COMPLIANT | 3.83% | no in-house ratios for this holding |
| US TREASURY N/B | NON_COMPLIANT | 3.71% | no in-house ratios for this holding |
| US TREASURY N/B | NON_COMPLIANT | 3.42% | no in-house ratios for this holding |
| US TREASURY N/B | NON_COMPLIANT | 3.17% | no in-house ratios for this holding |
| FEDERAL HOME LOAN BANK | NON_COMPLIANT | 3.00% | no in-house ratios for this holding |
| US TREASURY N/B | NON_COMPLIANT | 2.97% | no in-house ratios for this holding |
| US TREASURY N/B | NON_COMPLIANT | 2.67% | no in-house ratios for this holding |
| US TREASURY N/B | NON_COMPLIANT | 2.49% | no in-house ratios for this holding |
| US TREASURY N/B | NON_COMPLIANT | 2.32% | no in-house ratios for this holding |
| RFC PRINCIPAL STRIP | UNSCREENED | 2.28% | no in-house ratios for this holding |
| US TREASURY N/B | NON_COMPLIANT | 2.26% | no in-house ratios for this holding |
| US TREASURY N/B | NON_COMPLIANT | 2.11% | no in-house ratios for this holding |
| US TREASURY N/B | NON_COMPLIANT | 2.08% | no in-house ratios for this holding |
| US TREASURY N/B | NON_COMPLIANT | 1.83% | no in-house ratios for this holding |
| US TREASURY N/B | NON_COMPLIANT | 1.78% | no in-house ratios for this holding |
| US TREASURY N/B | NON_COMPLIANT | 1.73% | no in-house ratios for this holding |
| US TREASURY N/B | NON_COMPLIANT | 1.69% | no in-house ratios for this holding |
| LMT LOCKHEED MARTIN CORP | NON_COMPLIANT | 1.67% | AAOIFI16.6% Usmani32.9% Dow Jones Islamic17.6% S&P Shariah18.2% MSCI Islamic32.9% MSCI Islamic M-Series18.2% FTSE Shariah32.9% |
| CVX CHEVRON CORP | COMPLIANT | 1.64% | AAOIFI0.1% Usmani0.1% Dow Jones Islamic0.1% S&P Shariah0.1% MSCI Islamic0.1% MSCI Islamic M-Series0.1% FTSE Shariah0.1% |
| BANK OF NY MELLON CORP | UNSCREENED | 1.64% | no in-house ratios for this holding |
| TENN VALLEY AUTHORITY | UNSCREENED | 1.59% | no in-house ratios for this holding |
| JPM JPMORGAN CHASE & CO | NON_COMPLIANT | 1.58% | AAOIFI7.7% Usmani1.4% Dow Jones Islamic9.5% S&P Shariah10.7% MSCI Islamic1.4% MSCI Islamic M-Series10.7% FTSE Shariah1.4% |
| SYY SYSCO CORPORATION | NON_COMPLIANT | 1.57% | AAOIFI38.2% Usmani54.1% Dow Jones Islamic41.2% S&P Shariah41.9% MSCI Islamic52.7% MSCI Islamic M-Series41.9% FTSE Shariah47.6% |
| AMZN AMAZON.COM INC | QUESTIONABLE | 1.53% | AAOIFI8.2% Usmani22.1% Dow Jones Islamic9.6% S&P Shariah10.6% MSCI Islamic20.9% MSCI Islamic M-Series10.6% FTSE Shariah12.1% |
| BAC BANK OF AMERICA CORP | NON_COMPLIANT | 1.52% | AAOIFI77.5% Usmani9.7% Dow Jones Islamic95.9% S&P Shariah105.7% MSCI Islamic9.7% MSCI Islamic M-Series105.7% FTSE Shariah9.7% |
| US TREASURY N/B | NON_COMPLIANT | 1.52% | no in-house ratios for this holding |
| CSCO CISCO SYSTEMS INC | COMPLIANT | 1.52% | AAOIFI5.7% Usmani18.9% Dow Jones Islamic8.4% S&P Shariah9.5% MSCI Islamic18.9% MSCI Islamic M-Series9.5% FTSE Shariah17.6% |
| FLORIDA POWER & LIGHT CO | UNSCREENED | 1.50% | no in-house ratios for this holding |
| US TREASURY N/B | NON_COMPLIANT | 1.49% | no in-house ratios for this holding |
| C CITIGROUP INC | NON_COMPLIANT | 1.45% | AAOIFI159.2% Usmani13.8% Dow Jones Islamic214.6% S&P Shariah251.0% MSCI Islamic13.8% MSCI Islamic M-Series251.0% FTSE Shariah13.8% |
| VZ VERIZON COMMUNICATIONS | NON_COMPLIANT | 1.45% | AAOIFI98.4% Usmani45.9% Dow Jones Islamic109.0% S&P Shariah116.8% MSCI Islamic45.9% MSCI Islamic M-Series116.8% FTSE Shariah40.3% |
| AXP AMERICAN EXPRESS CO | NON_COMPLIANT | 1.44% | AAOIFI26.8% Usmani19.2% Dow Jones Islamic27.4% S&P Shariah30.8% MSCI Islamic19.2% MSCI Islamic M-Series30.8% FTSE Shariah19.2% |
| MET METLIFE INC | NON_COMPLIANT | 1.42% | AAOIFI47.5% Usmani3.9% Dow Jones Islamic56.2% S&P Shariah58.5% MSCI Islamic3.9% MSCI Islamic M-Series58.5% FTSE Shariah3.9% |
| US TREASURY N/B | NON_COMPLIANT | 1.38% | no in-house ratios for this holding |
| US TREASURY N/B | NON_COMPLIANT | 1.36% | no in-house ratios for this holding |
| WM WASTE MANAGEMENT INC | COMPLIANT | 1.32% | AAOIFI25.8% Usmani50.3% Dow Jones Islamic26.5% S&P Shariah27.9% MSCI Islamic50.3% MSCI Islamic M-Series27.9% FTSE Shariah50.3% |
| GS GOLDMAN SACHS GROUP INC | NON_COMPLIANT | 1.29% | AAOIFI147.5% Usmani20.6% Dow Jones Islamic194.6% S&P Shariah229.2% MSCI Islamic20.6% MSCI Islamic M-Series229.2% FTSE Shariah20.6% |
| PNC FINANCIAL SERVICES | UNSCREENED | 1.28% | no in-house ratios for this holding |
| MRK MERCK & CO INC | COMPLIANT | 1.27% | AAOIFI14.7% Usmani41.5% Dow Jones Islamic21.8% S&P Shariah20.9% MSCI Islamic41.5% MSCI Islamic M-Series20.9% FTSE Shariah41.5% |
| ANHEUSER-BUSCH INBEV WOR | UNSCREENED | 1.21% | no in-house ratios for this holding |
| TGT TARGET CORP | QUESTIONABLE | 1.09% | AAOIFI25.0% Usmani30.5% Dow Jones Islamic36.2% S&P Shariah34.4% MSCI Islamic30.5% MSCI Islamic M-Series34.4% FTSE Shariah25.1% |
| MCD MCDONALD'S CORP | NON_COMPLIANT | 1.03% | AAOIFI29.7% Usmani91.1% Dow Jones Islamic26.3% S&P Shariah27.2% MSCI Islamic91.1% MSCI Islamic M-Series27.2% FTSE Shariah66.5% |
| BMY BRISTOL-MYERS SQUIBB CO | NON_COMPLIANT | 1.02% | AAOIFI37.3% Usmani51.1% Dow Jones Islamic42.2% S&P Shariah44.8% MSCI Islamic51.1% MSCI Islamic M-Series44.8% FTSE Shariah48.9% |
| BLK BLACKROCK INC | NON_COMPLIANT | 1.02% | AAOIFI7.0% Usmani7.2% Dow Jones Islamic8.1% S&P Shariah8.9% MSCI Islamic7.2% MSCI Islamic M-Series8.9% FTSE Shariah7.2% |
| HD HOME DEPOT INC | COMPLIANT | 1.02% | AAOIFI18.6% Usmani56.1% Dow Jones Islamic16.3% S&P Shariah17.0% MSCI Islamic53.3% MSCI Islamic M-Series17.0% FTSE Shariah44.5% |
| NKE NIKE INC | COMPLIANT | 1.02% | AAOIFI19.4% Usmani28.7% Dow Jones Islamic21.0% S&P Shariah18.2% MSCI Islamic28.7% MSCI Islamic M-Series18.2% FTSE Shariah20.7% |
| US TREASURY N/B | NON_COMPLIANT | 1.01% | no in-house ratios for this holding |
| COST COSTCO WHOLESALE CORP | QUESTIONABLE | 1.00% | AAOIFI2.0% Usmani11.4% Dow Jones Islamic2.1% S&P Shariah2.2% MSCI Islamic9.8% MSCI Islamic M-Series2.2% FTSE Shariah6.9% |
| AAPL APPLE INC | COMPLIANT | 0.95% | AAOIFI2.1% Usmani21.5% Dow Jones Islamic2.2% S&P Shariah2.4% MSCI Islamic21.5% MSCI Islamic M-Series2.4% FTSE Shariah21.5% |
| US BANCORP | UNSCREENED | 0.89% | no in-house ratios for this holding |
| FREDDIE MAC | NON_COMPLIANT | 0.66% | no in-house ratios for this holding |
| TENN VALLEY AUTHORITY | UNSCREENED | 0.25% | no in-house ratios for this holding |
| First American Government Obli | UNSCREENED | 0.19% | no in-house ratios for this holding |
The published standards disagree about this fund by 6 points of portfolio weight — 16.1% of it passes AAOIFI, 10.4% passes Usmani. 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 16.1% ratios fail on 12.7% 70.4% not rated under AAOIFI
ratios pass on 10.4% ratios fail on 14.4% 74.4% not rated under Usmani
ratios pass on 15.0% ratios fail on 13.8% 70.4% not rated under Dow Jones Islamic
ratios pass on 15.0% ratios fail on 13.8% 70.4% not rated under S&P Shariah
ratios pass on 10.4% ratios fail on 15.4% 73.4% not rated under MSCI Islamic
ratios pass on 15.0% ratios fail on 13.8% 70.4% not rated under MSCI Islamic M-Series
ratios pass on 11.4% ratios fail on 14.4% 73.4% not rated under FTSE Shariah
22 of 55 listed holdings carry our own per-methodology verdicts (29% of weight). The rest hold a provider verdict with no methodology breakdown, and are counted as rated by none.
| Non-compliant holding | Weight |
|---|---|
| US TREASURY N/B | 6.29% |
| US TREASURY N/B | 4.83% |
| US TREASURY N/B | 3.83% |
| US TREASURY N/B | 3.71% |
| US TREASURY N/B | 3.42% |
| US TREASURY N/B | 3.17% |
| FEDERAL HOME LOAN BANK | 3.00% |
| US TREASURY N/B | 2.97% |
| US TREASURY N/B | 2.67% |
| US TREASURY N/B | 2.49% |
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.
ClearShares Piton Intermediate Fixed Income ETF (PIFI) 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 PIFI — 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) | 66.50 | NEUTRAL |
| Stochastic %K (14) | 100.00 | SELL |
| CCI (20) | 145.33 | SELL |
| Williams %R (14) | 0.00 | SELL |
| MACD (12,26,9) | 0.10 | BUY |
| ROC (10) | 0.74 | BUY |
| Momentum (10) | 0.67 | BUY |
| EMA (10) | 91.78 | BUY |
| SMA (10) | 91.75 | BUY |
| EMA (20) | 91.58 | BUY |
| SMA (20) | 91.43 | BUY |
| EMA (30) | 91.52 | BUY |
| SMA (30) | 91.27 | BUY |
| EMA (50) | 91.56 | BUY |
| SMA (50) | 91.47 | BUY |
| EMA (100) | 91.77 | BUY |
| SMA (100) | 91.89 | BUY |
| EMA (200) | 92.02 | BUY |
| SMA (200) | 92.21 | SELL |
About ClearShares Piton Intermediate Fixed Income ETF
The fund is an actively managed exchange-traded fund ("ETF") that seeks to achieve its investment objective by investing, under normal market conditions, at least 80% of its net assets (plus borrowings for investment purposes) in debt securities and other instruments that have economic characteristics similar to such securities. It principally invests in U.S.-dollar denominated, investment-grade securities and seeks to typically maintain a dollar-weighted average portfolio maturity of zero to ten years.
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 |
| ⏱ 15-Min | BULLISH | 27 |
| ⏲ 5-Min | BULLISH | 83 |
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.