PYZETF / FundInvesco Dorsey Wright Basic Materials Momentum ETF
Verdicts genuinely change. Free email alert the moment PYZ'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.
Invesco Dorsey Wright Basic Materials Momentum ETF ETF · Invesco Exchange-Traded Fund Trust
45 holdings · as of 2026-07-31 (3.2 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.
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 113% of net assets rather than 100%. Shares of the portfolio are shown as shares of that gross exposure.
NON-COMPLIANT 16.72% of portfolio weight is in non-compliant holdings, over the 5% threshold.
45 holdings, 38 matched (83% of weight). Portfolio as of 2026-07-31, filed 2026-09-28. Source: SEC Form N-PORT.
1.29% of this portfolio’s income is non-permissible — weighted across holdings, computed over 76% of portfolio weight (36 of 45 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.
68.0% compliant 0.0% questionable 14.8% non-compliant 17.2% unscreened
All holdings (45)
| Holding | Status | Weight | Every methodology, and the debt ratio behind it |
|---|---|---|---|
| Invesco Private Prime Fund | UNSCREENED | 9.30% | no in-house ratios for this holding |
| ATI ATI Inc. | COMPLIANT | 6.86% | AAOIFI— Usmani— Dow Jones Islamic— S&P Shariah— MSCI Islamic— MSCI Islamic M-Series— FTSE Shariah— |
| CRS Carpenter Technology Corp. | COMPLIANT | 6.80% | AAOIFI3.2% Usmani19.0% Dow Jones Islamic4.9% S&P Shariah6.4% MSCI Islamic19.0% MSCI Islamic M-Series6.4% FTSE Shariah18.0% |
| STLD Steel Dynamics, Inc. | COMPLIANT | 3.76% | AAOIFI12.1% Usmani24.4% Dow Jones Islamic17.6% S&P Shariah18.9% MSCI Islamic24.4% MSCI Islamic M-Series18.9% FTSE Shariah24.4% |
| NUE Nucor Corp. | COMPLIANT | 3.74% | AAOIFI11.2% Usmani17.6% Dow Jones Islamic17.6% S&P Shariah17.3% MSCI Islamic17.6% MSCI Islamic M-Series17.3% FTSE Shariah17.6% |
| Invesco Private Government Fund | UNSCREENED | 3.58% | no in-house ratios for this holding |
| CTVA Corteva, Inc. | COMPLIANT | 3.44% | AAOIFI2.9% Usmani4.0% Dow Jones Islamic3.6% S&P Shariah3.9% MSCI Islamic4.0% MSCI Islamic M-Series3.9% FTSE Shariah4.0% |
| CF CF Industries Holdings, Inc. | COMPLIANT | 3.23% | AAOIFI17.9% Usmani23.9% Dow Jones Islamic24.1% S&P Shariah24.7% MSCI Islamic23.9% MSCI Islamic M-Series24.7% FTSE Shariah21.3% |
| APD Air Products and Chemicals, Inc. | COMPLIANT | 3.18% | AAOIFI0.9% Usmani1.5% Dow Jones Islamic1.0% S&P Shariah1.0% MSCI Islamic1.5% MSCI Islamic M-Series1.0% FTSE Shariah0.3% |
| FCX Freeport-McMoRan Inc. | COMPLIANT | 3.10% | AAOIFI9.4% Usmani17.3% Dow Jones Islamic14.8% S&P Shariah15.6% MSCI Islamic17.3% MSCI Islamic M-Series15.6% FTSE Shariah15.7% |
| RS Reliance, Inc. | COMPLIANT | 3.01% | AAOIFI9.9% Usmani18.8% Dow Jones Islamic12.5% S&P Shariah12.6% MSCI Islamic18.8% MSCI Islamic M-Series12.6% FTSE Shariah15.7% |
| DD DuPont de Nemours, Inc. | COMPLIANT | 3.00% | AAOIFI17.6% Usmani14.8% Dow Jones Islamic12.1% S&P Shariah11.4% MSCI Islamic14.8% MSCI Islamic M-Series11.4% FTSE Shariah14.8% |
| NEU NewMarket Corp. | COMPLIANT | 2.75% | AAOIFI11.5% Usmani26.0% Dow Jones Islamic15.1% S&P Shariah16.2% MSCI Islamic26.0% MSCI Islamic M-Series16.2% FTSE Shariah23.6% |
| PRM Perimeter Solutions Inc. | COMPLIANT | 2.67% | AAOIFI28.9% Usmani38.8% Dow Jones Islamic38.1% S&P Shariah49.3% MSCI Islamic38.6% MSCI Islamic M-Series49.3% FTSE Shariah37.3% |
| NEM Newmont Corp. | COMPLIANT | 2.63% | AAOIFI3.8% Usmani8.8% Dow Jones Islamic6.1% S&P Shariah7.4% MSCI Islamic8.8% MSCI Islamic M-Series7.4% FTSE Shariah8.8% |
| HL Hecla Mining Co. | COMPLIANT | 2.61% | AAOIFI0.0% Usmani0.0% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.0% MSCI Islamic M-Series0.0% FTSE Shariah0.0% |
| KALU Kaiser Aluminum Corp. | NON_COMPLIANT | 2.40% | AAOIFI39.7% Usmani36.7% Dow Jones Islamic65.1% S&P Shariah72.6% MSCI Islamic36.6% MSCI Islamic M-Series72.6% FTSE Shariah35.7% |
| LIN Linde PLC | COMPLIANT | 2.36% | AAOIFI13.0% Usmani31.7% Dow Jones Islamic13.0% S&P Shariah13.4% MSCI Islamic31.7% MSCI Islamic M-Series13.4% FTSE Shariah31.7% |
| SXT Sensient Technologies Corp. | COMPLIANT | 2.33% | AAOIFI13.4% Usmani32.2% Dow Jones Islamic19.2% S&P Shariah21.4% MSCI Islamic32.2% MSCI Islamic M-Series21.4% FTSE Shariah32.2% |
| MTRN Materion Corp. | COMPLIANT | 2.31% | AAOIFI9.8% Usmani27.3% Dow Jones Islamic17.9% S&P Shariah18.9% MSCI Islamic26.7% MSCI Islamic M-Series18.9% FTSE Shariah23.6% |
| ESI Element Solutions Inc. | COMPLIANT | 2.27% | AAOIFI20.7% Usmani31.7% Dow Jones Islamic26.2% S&P Shariah28.2% MSCI Islamic31.7% MSCI Islamic M-Series28.2% FTSE Shariah30.2% |
| SOLS Solstice Advanced Materials Inc. | COMPLIANT | 2.24% | AAOIFI19.5% Usmani35.2% Dow Jones Islamicpass S&P Shariahpass MSCI Islamic33.3% MSCI Islamic M-Seriespass FTSE Shariah33.3% |
| ECL Ecolab Inc. | COMPLIANT | 2.03% | AAOIFI17.0% Usmani44.6% Dow Jones Islamic18.1% S&P Shariah19.4% MSCI Islamic44.6% MSCI Islamic M-Series19.4% FTSE Shariah44.0% |
| RGLD Royal Gold, Inc. | COMPLIANT | 2.02% | AAOIFI1.8% Usmani4.2% Dow Jones Islamic2.7% S&P Shariah3.3% MSCI Islamic4.2% MSCI Islamic M-Series3.3% FTSE Shariah4.2% |
| Compass Minerals International, Inc. | UNSCREENED | 1.96% | no in-house ratios for this holding |
| ALB Albemarle Corp. | COMPLIANT | 1.95% | AAOIFI13.1% Usmani13.2% Dow Jones Islamic15.4% S&P Shariah15.0% MSCI Islamic12.6% MSCI Islamic M-Series15.0% FTSE Shariah11.8% |
| LYB LyondellBasell Industries N.V. | NON_COMPLIANT | 1.89% | AAOIFI62.2% Usmani37.0% Dow Jones Islamic65.8% S&P Shariah58.8% MSCI Islamic37.0% MSCI Islamic M-Series58.8% FTSE Shariah33.2% |
| CENX Century Aluminum Co. | COMPLIANT | 1.89% | AAOIFI10.4% Usmani16.7% Dow Jones Islamic15.7% S&P Shariah19.8% MSCI Islamic16.7% MSCI Islamic M-Series19.8% FTSE Shariah16.7% |
| Cleveland-Cliffs Inc. | UNSCREENED | 1.81% | no in-house ratios for this holding |
| Commercial Metals Co. | UNSCREENED | 1.81% | no in-house ratios for this holding |
| DOW Dow Inc. | NON_COMPLIANT | 1.80% | AAOIFI91.5% Usmani32.7% Dow Jones Islamic88.2% S&P Shariah76.2% MSCI Islamic32.7% MSCI Islamic M-Series76.2% FTSE Shariah30.2% |
| AA Alcoa Corp. | COMPLIANT | 1.75% | AAOIFI16.9% Usmani13.2% Dow Jones Islamic24.5% S&P Shariah28.1% MSCI Islamic13.2% MSCI Islamic M-Series28.1% FTSE Shariah13.2% |
| NGVT Ingevity Corp. | NON_COMPLIANT | 1.73% | AAOIFI51.0% Usmani80.4% Dow Jones Islamic63.7% S&P Shariah67.4% MSCI Islamic80.4% MSCI Islamic M-Series67.4% FTSE Shariah78.1% |
| HWKN Hawkins, Inc. | COMPLIANT | 1.72% | AAOIFI9.7% Usmani25.9% Dow Jones Islamic9.0% S&P Shariah10.6% MSCI Islamic25.9% MSCI Islamic M-Series10.6% FTSE Shariah24.2% |
| LPX Louisiana-Pacific Corp. | COMPLIANT | 1.67% | AAOIFI8.0% Usmani14.5% Dow Jones Islamic6.1% S&P Shariah6.5% MSCI Islamic14.5% MSCI Islamic M-Series6.5% FTSE Shariah13.3% |
| CBT Cabot Corp. | COMPLIANT | 1.58% | AAOIFI28.6% Usmani27.4% Dow Jones Islamic26.1% S&P Shariah24.9% MSCI Islamic27.4% MSCI Islamic M-Series24.9% FTSE Shariah27.4% |
| ECVT Ecovyst Inc. | NON_COMPLIANT | 1.50% | AAOIFI48.9% Usmani38.5% Dow Jones Islamic51.9% S&P Shariah51.3% MSCI Islamic38.5% MSCI Islamic M-Series51.3% FTSE Shariah34.7% |
| USAR USA Rare Earth, Inc. | NON_COMPLIANT | 1.30% | AAOIFI0.1% Usmani0.1% Dow Jones Islamic0.2% S&P Shariah0.3% MSCI Islamic0.1% MSCI Islamic M-Series0.3% FTSE Shariah0.0% |
| MP MP Materials Corp. | NON_COMPLIANT | 1.27% | AAOIFI13.4% Usmani25.6% Dow Jones Islamic11.8% S&P Shariah15.2% MSCI Islamic25.6% MSCI Islamic M-Series15.2% FTSE Shariah25.1% |
| CC Chemours Co. (The) | NON_COMPLIANT | 1.26% | AAOIFI189.6% Usmani57.6% Dow Jones Islamic171.4% S&P Shariah148.1% MSCI Islamic57.6% MSCI Islamic M-Series148.1% FTSE Shariah54.2% |
| SXC SunCoke Energy, Inc. | NON_COMPLIANT | 1.22% | AAOIFI74.8% Usmani37.9% Dow Jones Islamic97.5% S&P Shariah94.6% MSCI Islamic37.6% MSCI Islamic M-Series94.6% FTSE Shariah37.5% |
| LXU LSB Industries, Inc. | NON_COMPLIANT | 1.19% | AAOIFI59.7% Usmani39.7% Dow Jones Islamic72.4% S&P Shariah73.8% MSCI Islamic39.7% MSCI Islamic M-Series73.8% FTSE Shariah36.0% |
| PCT PureCycle Technologies, Inc. | NON_COMPLIANT | 1.15% | AAOIFI6.3% Usmani8.1% Dow Jones Islamic4.6% S&P Shariah5.6% MSCI Islamic8.1% MSCI Islamic M-Series5.6% FTSE Shariah1.3% |
| ASP Isotopes Inc. | UNSCREENED | 0.75% | no in-house ratios for this holding |
| Invesco Government & Agency Portfolio | UNSCREENED | 0.28% | no in-house ratios for this holding |
The published standards disagree about this fund by 6 points of portfolio weight — 68.1% of it passes AAOIFI, 61.8% 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 68.1% ratios fail on 15.4% 29.5% not rated under AAOIFI
ratios pass on 63.0% ratios fail on 20.6% 29.5% not rated under Usmani
ratios pass on 65.5% ratios fail on 18.1% 29.5% not rated under Dow Jones Islamic
ratios pass on 65.5% ratios fail on 18.1% 29.5% not rated under S&P Shariah
ratios pass on 61.8% ratios fail on 21.8% 29.5% not rated under MSCI Islamic
ratios pass on 65.5% ratios fail on 18.1% 29.5% not rated under MSCI Islamic M-Series
ratios pass on 67.1% ratios fail on 16.4% 29.5% not rated under FTSE Shariah
38 of 45 listed holdings carry our own per-methodology verdicts (94% of weight). The rest hold a provider verdict with no methodology breakdown, and are counted as rated by none. Of those, 37 (87% of weight) also carry the underlying debt ratio; the rest show a verdict without the figure behind it.
| Non-compliant holding | Weight |
|---|---|
| KALU Kaiser Aluminum Corp. | 2.40% |
| LYB LyondellBasell Industries N.V. | 1.89% |
| DOW Dow Inc. | 1.80% |
| NGVT Ingevity Corp. | 1.73% |
| ECVT Ecovyst Inc. | 1.50% |
| USAR USA Rare Earth, Inc. | 1.30% |
| MP MP Materials Corp. | 1.27% |
| CC Chemours Co. (The) | 1.26% |
| SXC SunCoke Energy, Inc. | 1.22% |
| LXU LSB Industries, Inc. | 1.19% |
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.
Invesco Dorsey Wright Basic Materials Momentum ETF (PYZ) 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 PYZ — 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) | 42.70 | NEUTRAL |
| Stochastic %K (14) | 50.26 | NEUTRAL |
| CCI (20) | -46.20 | NEUTRAL |
| Williams %R (14) | -49.74 | NEUTRAL |
| MACD (12,26,9) | 0.17 | BUY |
| ROC (10) | -1.87 | SELL |
| Momentum (10) | -2.15 | SELL |
| EMA (10) | 113.12 | SELL |
| SMA (10) | 112.81 | SELL |
| EMA (20) | 113.83 | SELL |
| SMA (20) | 113.70 | SELL |
| EMA (30) | 114.74 | SELL |
| SMA (30) | 114.17 | SELL |
| EMA (50) | 116.45 | SELL |
| SMA (50) | 117.21 | SELL |
| EMA (100) | 118.86 | SELL |
| SMA (100) | 120.49 | SELL |
| EMA (200) | 119.25 | SELL |
| SMA (200) | 123.03 | SELL |
About Invesco Dorsey Wright Basic Materials Momentum ETF
The fund generally will invest at least 90% of its total assets in the securities that comprise the underlying index. The underlying index is composed of at least 30 securities of companies in the basic materials sector that have powerful relative strength or "momentum" characteristics.
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 | 41 |
| ⏱ 15-Min | NEUTRAL | 21 |
| ⏲ 5-Min | RANGING | 64 |
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.