QDIVETF / FundGlobal X S&P 500 Quality Dividend ETF
Verdicts genuinely change. Free email alert the moment QDIV'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.
Global X S&P 500 Quality Dividend ETF ETF · GLOBAL X FUNDS
51 holdings · as of 2026-08-31 (2.1 months ago)
NON-COMPLIANT 50.86% of portfolio weight is in non-compliant holdings, over the 5% threshold.
51 holdings, 49 matched (97% of weight). Portfolio as of 2026-08-31, filed 2026-10-29. Source: SEC Form N-PORT.
2.06% of this portfolio’s income is non-permissible — weighted across holdings, computed over 95% of portfolio weight (48 of 51 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 2.3% questionable 50.9% non-compliant 3.0% unscreened
All holdings (51)
| Holding | Status | Weight | Every methodology, and the debt ratio behind it |
|---|---|---|---|
| BDX BECTON, DICKINSON AND COMPANY | NON_COMPLIANT | 2.31% | AAOIFI33.4% Usmani33.1% Dow Jones Islamic30.8% S&P Shariah28.7% MSCI Islamic33.1% MSCI Islamic M-Series28.7% FTSE Shariah33.1% |
| FDS FACTSET RESEARCH SYSTEMS INC. | COMPLIANT | 2.29% | AAOIFI14.6% Usmani37.5% Dow Jones Islamic12.1% S&P Shariah11.2% MSCI Islamic37.5% MSCI Islamic M-Series11.2% FTSE Shariah33.2% |
| TGT TARGET CORPORATION | QUESTIONABLE | 2.28% | AAOIFI25.0% Usmani30.5% Dow Jones Islamic36.2% S&P Shariah34.4% MSCI Islamic30.5% MSCI Islamic M-Series34.4% FTSE Shariah25.1% |
| CTSH COGNIZANT TECHNOLOGY SOLUTIONS CORPORATION | COMPLIANT | 2.27% | AAOIFI4.0% Usmani5.4% Dow Jones Islamic3.2% S&P Shariah3.2% MSCI Islamic5.3% MSCI Islamic M-Series3.2% FTSE Shariah2.8% |
| BR BROADRIDGE FINANCIAL SOLUTIONS, INC. | COMPLIANT | 2.27% | AAOIFI17.8% Usmani39.3% Dow Jones Islamic14.8% S&P Shariah15.1% MSCI Islamic39.3% MSCI Islamic M-Series15.1% FTSE Shariah36.4% |
| ADP AUTOMATIC DATA PROCESSING, INC. | COMPLIANT | 2.24% | AAOIFI5.0% Usmani8.5% Dow Jones Islamic5.0% S&P Shariah5.2% MSCI Islamic8.5% MSCI Islamic M-Series5.2% FTSE Shariah7.9% |
| BX BLACKSTONE INC. | NON_COMPLIANT | 2.19% | AAOIFI7.9% Usmani26.7% Dow Jones Islamic12.7% S&P Shariah13.8% MSCI Islamic26.7% MSCI Islamic M-Series13.8% FTSE Shariah26.7% |
| BMY BRISTOL-MYERS SQUIBB COMPANY | NON_COMPLIANT | 2.19% | AAOIFI37.3% Usmani51.1% Dow Jones Islamic42.2% S&P Shariah44.8% MSCI Islamic51.1% MSCI Islamic M-Series44.8% FTSE Shariah48.9% |
| GILD GILEAD SCIENCES, INC. | COMPLIANT | 2.19% | AAOIFI14.4% Usmani53.2% Dow Jones Islamic18.6% S&P Shariah21.4% MSCI Islamic53.2% MSCI Islamic M-Series21.4% FTSE Shariah53.2% |
| CDW CDW CORPORATION | NON_COMPLIANT | 2.15% | AAOIFI31.3% Usmani34.6% Dow Jones Islamic29.1% S&P Shariah25.6% MSCI Islamic34.6% MSCI Islamic M-Series25.6% FTSE Shariah33.7% |
| IFF INTERNATIONAL FLAVORS & FRAGRANCES INC. | NON_COMPLIANT | 2.12% | AAOIFI26.5% Usmani23.0% Dow Jones Islamic29.7% S&P Shariah29.3% MSCI Islamic23.0% MSCI Islamic M-Series29.3% FTSE Shariah22.7% |
| ALL THE ALLSTATE CORPORATION | NON_COMPLIANT | 2.10% | AAOIFI11.4% Usmani6.0% Dow Jones Islamic14.1% S&P Shariah15.6% MSCI Islamic6.0% MSCI Islamic M-Series15.6% FTSE Shariah6.0% |
| DG DOLLAR GENERAL CORPORATION | NON_COMPLIANT | 2.10% | AAOIFI55.9% Usmani49.0% Dow Jones Islamic69.2% S&P Shariah65.1% MSCI Islamic49.0% MSCI Islamic M-Series65.1% FTSE Shariah14.2% |
| APA APA CORPORATION | NON_COMPLIANT | 2.09% | AAOIFI25.9% Usmani21.6% Dow Jones Islamic42.6% S&P Shariah41.4% MSCI Islamic21.6% MSCI Islamic M-Series41.4% FTSE Shariah20.8% |
| BLK BLACKROCK, INC. | NON_COMPLIANT | 2.08% | AAOIFI7.0% Usmani7.2% Dow Jones Islamic8.1% S&P Shariah8.9% MSCI Islamic7.2% MSCI Islamic M-Series8.9% FTSE Shariah7.2% |
| MDT MEDTRONIC PUBLIC LIMITED COMPANY | COMPLIANT | 2.05% | AAOIFI24.4% Usmani31.5% Dow Jones Islamic26.4% S&P Shariah27.4% MSCI Islamic31.4% MSCI Islamic M-Series27.4% FTSE Shariah30.2% |
| UNP UNION PACIFIC CORPORATION | COMPLIANT | 2.05% | AAOIFI18.2% Usmani43.8% Dow Jones Islamic22.0% S&P Shariah22.4% MSCI Islamic43.8% MSCI Islamic M-Series22.4% FTSE Shariah42.6% |
| EXE EXPAND ENERGY CORPORATION | COMPLIANT | 2.04% | AAOIFI22.5% Usmani17.3% Dow Jones Islamic22.5% S&P Shariah27.7% MSCI Islamic17.3% MSCI Islamic M-Series27.7% FTSE Shariah17.0% |
| COP CONOCOPHILLIPS | COMPLIANT | 2.03% | AAOIFI14.4% Usmani18.7% Dow Jones Islamic19.1% S&P Shariah18.8% MSCI Islamic18.7% MSCI Islamic M-Series18.8% FTSE Shariah18.7% |
| EG Everest Group Ltd | NON_COMPLIANT | 2.03% | AAOIFI0.0% Usmani0.0% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.0% MSCI Islamic M-Series0.0% FTSE Shariah0.0% |
| ERIE ERIE INDEMNITY COMPANY | NON_COMPLIANT | 2.02% | AAOIFI0.0% Usmani0.0% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.0% MSCI Islamic M-Series0.0% FTSE Shariah0.0% |
| ACCENTURE PUBLIC LIMITED COMPANY | UNSCREENED | 2.02% | no in-house ratios for this holding |
| PFE PFIZER INC. | NON_COMPLIANT | 2.02% | AAOIFI39.8% Usmani31.4% Dow Jones Islamic46.1% S&P Shariah45.9% MSCI Islamic31.4% MSCI Islamic M-Series45.9% FTSE Shariah31.4% |
| ITW ILLINOIS TOOL WORKS INC. | COMPLIANT | 2.00% | AAOIFI12.7% Usmani58.8% Dow Jones Islamic13.1% S&P Shariah13.4% MSCI Islamic58.8% MSCI Islamic M-Series13.4% FTSE Shariah58.8% |
| MMM 3M COMPANY | COMPLIANT | 1.99% | AAOIFI15.2% Usmani37.7% Dow Jones Islamic16.6% S&P Shariah18.5% MSCI Islamic37.7% MSCI Islamic M-Series18.5% FTSE Shariah35.9% |
| MKC MCCORMICK & COMPANY, INCORPORATED | NON_COMPLIANT | 1.98% | AAOIFI25.8% Usmani21.9% Dow Jones Islamic20.4% S&P Shariah20.4% MSCI Islamic21.9% MSCI Islamic M-Series20.4% FTSE Shariah21.9% |
| XOM EXXONMOBIL HOLDINGS CORPORATION | COMPLIANT | 1.96% | AAOIFI6.5% Usmani9.1% Dow Jones Islamic8.5% S&P Shariah9.0% MSCI Islamic9.1% MSCI Islamic M-Series9.0% FTSE Shariah9.1% |
| FAST FASTENAL COMPANY | COMPLIANT | 1.94% | AAOIFI0.8% Usmani8.3% Dow Jones Islamic0.9% S&P Shariah1.0% MSCI Islamic8.3% MSCI Islamic M-Series1.0% FTSE Shariah2.3% |
| LMT LOCKHEED MARTIN CORPORATION | NON_COMPLIANT | 1.94% | AAOIFI16.6% Usmani32.9% Dow Jones Islamic17.6% S&P Shariah18.2% MSCI Islamic32.9% MSCI Islamic M-Series18.2% FTSE Shariah32.9% |
| KMB KIMBERLY-CLARK CORPORATION | COMPLIANT | 1.93% | AAOIFI18.7% Usmani35.1% Dow Jones Islamic17.1% S&P Shariah17.0% MSCI Islamic35.1% MSCI Islamic M-Series17.0% FTSE Shariah35.1% |
| BBY BEST BUY CO., INC. | NON_COMPLIANT | 1.92% | AAOIFI21.7% Usmani25.7% Dow Jones Islamic26.9% S&P Shariah27.3% MSCI Islamic25.7% MSCI Islamic M-Series27.3% FTSE Shariah7.3% |
| DVN DEVON ENERGY CORPORATION | COMPLIANT | 1.91% | AAOIFI22.3% Usmani16.8% Dow Jones Islamic46.9% S&P Shariah45.5% MSCI Islamic16.7% MSCI Islamic M-Series45.5% FTSE Shariah16.1% |
| TROW T. ROWE PRICE GROUP, INC. | NON_COMPLIANT | 1.90% | AAOIFI0.0% Usmani0.0% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.0% MSCI Islamic M-Series0.0% FTSE Shariah0.0% |
| AOS A. O. SMITH CORPORATION | COMPLIANT | 1.87% | AAOIFI8.5% Usmani18.6% Dow Jones Islamic13.3% S&P Shariah12.8% MSCI Islamic18.6% MSCI Islamic M-Series12.8% FTSE Shariah17.5% |
| SNA SNAP-ON INCORPORATED | NON_COMPLIANT | 1.85% | AAOIFI6.5% Usmani15.0% Dow Jones Islamic7.3% S&P Shariah7.9% MSCI Islamic14.9% MSCI Islamic M-Series7.9% FTSE Shariah13.7% |
| CINF CINCINNATI FINANCIAL CORPORATION | NON_COMPLIANT | 1.85% | AAOIFI3.0% Usmani1.8% Dow Jones Islamic3.4% S&P Shariah3.7% MSCI Islamic1.8% MSCI Islamic M-Series3.7% FTSE Shariah1.8% |
| ADM ARCHER-DANIELS-MIDLAND COMPANY. | COMPLIANT | 1.84% | AAOIFI21.9% Usmani16.7% Dow Jones Islamic31.3% S&P Shariah30.5% MSCI Islamic16.7% MSCI Islamic M-Series30.5% FTSE Shariah14.2% |
| HSY THE HERSHEY COMPANY | COMPLIANT | 1.83% | AAOIFI15.8% Usmani39.9% Dow Jones Islamic13.9% S&P Shariah13.9% MSCI Islamic39.4% MSCI Islamic M-Series13.9% FTSE Shariah37.1% |
| PFG PRINCIPAL FINANCIAL GROUP, INC. | NON_COMPLIANT | 1.83% | AAOIFI16.6% Usmani1.2% Dow Jones Islamic21.5% S&P Shariah22.7% MSCI Islamic1.2% MSCI Islamic M-Series22.7% FTSE Shariah1.2% |
| AFL AFLAC INCORPORATED | NON_COMPLIANT | 1.82% | AAOIFI0.0% Usmani0.0% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.0% MSCI Islamic M-Series0.0% FTSE Shariah0.0% |
| BF.B BROWN-FORMAN CORPORATION | NON_COMPLIANT | 1.82% | no in-house ratios for this holding |
| CL COLGATE-PALMOLIVE COMPANY | COMPLIANT | 1.81% | AAOIFI10.5% Usmani46.6% Dow Jones Islamic11.2% S&P Shariah11.2% MSCI Islamic46.6% MSCI Islamic M-Series11.2% FTSE Shariah46.6% |
| TSN TYSON FOODS, INCORPORATED | NON_COMPLIANT | 1.78% | AAOIFI45.2% Usmani22.5% Dow Jones Islamic40.2% S&P Shariah41.7% MSCI Islamic22.5% MSCI Islamic M-Series41.7% FTSE Shariah22.5% |
| PG THE PROCTER & GAMBLE COMPANY | COMPLIANT | 1.77% | AAOIFI8.9% Usmani23.9% Dow Jones Islamic8.5% S&P Shariah8.5% MSCI Islamic23.9% MSCI Islamic M-Series8.5% FTSE Shariah23.2% |
| ZTS ZOETIS INC. | NON_COMPLIANT | 1.74% | AAOIFI29.0% Usmani61.3% Dow Jones Islamic15.4% S&P Shariah14.0% MSCI Islamic61.3% MSCI Islamic M-Series14.0% FTSE Shariah60.0% |
| SWKS SKYWORKS SOLUTIONS, INC. | COMPLIANT | 1.73% | AAOIFI6.0% Usmani9.2% Dow Jones Islamic6.4% S&P Shariah5.6% MSCI Islamic9.2% MSCI Islamic M-Series5.6% FTSE Shariah6.7% |
| LEN LENNAR CORPORATION | NON_COMPLIANT | 1.72% | AAOIFI29.9% Usmani17.4% Dow Jones Islamic21.5% S&P Shariah19.9% MSCI Islamic17.4% MSCI Islamic M-Series19.9% FTSE Shariah17.4% |
| CI THE CIGNA GROUP | NON_COMPLIANT | 1.69% | AAOIFI42.7% Usmani20.3% Dow Jones Islamic40.5% S&P Shariah38.8% MSCI Islamic20.3% MSCI Islamic M-Series38.8% FTSE Shariah20.3% |
| HRL HORMEL FOODS CORPORATION | NON_COMPLIANT | 1.63% | AAOIFI24.1% Usmani21.5% Dow Jones Islamic20.3% S&P Shariah19.3% MSCI Islamic21.5% MSCI Islamic M-Series19.3% FTSE Shariah21.5% |
| NKE NIKE, INC. | COMPLIANT | 1.61% | AAOIFI19.4% Usmani28.7% Dow Jones Islamic21.0% S&P Shariah18.2% MSCI Islamic28.7% MSCI Islamic M-Series18.2% FTSE Shariah20.7% |
| HONEYWELL INTERNATIONAL INCORPORATION | UNSCREENED | 0.94% | no in-house ratios for this holding |
The published standards disagree about this fund by 22 points of portfolio weight — 71.1% of it passes AAOIFI, 48.6% 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 71.1% ratios fail on 23.9% 4.8% not rated under AAOIFI
ratios pass on 48.6% ratios fail on 38.5% 12.7% not rated under Usmani
ratios pass on 63.8% ratios fail on 27.8% 8.1% not rated under Dow Jones Islamic
ratios pass on 65.9% ratios fail on 25.7% 8.1% not rated under S&P Shariah
ratios pass on 53.8% ratios fail on 37.8% 8.1% not rated under MSCI Islamic
ratios pass on 65.9% ratios fail on 25.7% 8.1% not rated under MSCI Islamic M-Series
ratios pass on 59.8% ratios fail on 31.8% 8.1% not rated under FTSE Shariah
48 of 51 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.
| Non-compliant holding | Weight |
|---|---|
| BDX BECTON, DICKINSON AND COMPANY | 2.31% |
| BX BLACKSTONE INC. | 2.19% |
| BMY BRISTOL-MYERS SQUIBB COMPANY | 2.19% |
| CDW CDW CORPORATION | 2.15% |
| IFF INTERNATIONAL FLAVORS & FRAGRANCES INC. | 2.12% |
| ALL THE ALLSTATE CORPORATION | 2.10% |
| DG DOLLAR GENERAL CORPORATION | 2.10% |
| APA APA CORPORATION | 2.09% |
| BLK BLACKROCK, INC. | 2.08% |
| EG Everest Group Ltd | 2.03% |
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.
Global X S&P 500 Quality Dividend ETF (QDIV) 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 QDIV — 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) | 69.00 | NEUTRAL |
| Stochastic %K (14) | 96.14 | SELL |
| CCI (20) | 126.40 | SELL |
| Williams %R (14) | -3.86 | SELL |
| MACD (12,26,9) | 0.15 | BUY |
| ROC (10) | 4.77 | BUY |
| Momentum (10) | 1.97 | BUY |
| EMA (10) | 42.08 | BUY |
| SMA (10) | 42.21 | BUY |
| EMA (20) | 41.36 | BUY |
| SMA (20) | 41.15 | BUY |
| EMA (30) | 40.91 | BUY |
| SMA (30) | 40.23 | BUY |
| EMA (50) | 40.37 | BUY |
| SMA (50) | 40.11 | BUY |
| EMA (100) | 39.45 | BUY |
| SMA (100) | 39.38 | BUY |
| EMA (200) | 37.93 | BUY |
| SMA (200) | 37.95 | BUY |
About Global X S&P 500 Quality Dividend ETF
The fund invests at least 80% of its total assets in the securities of the underlying index. The underlying index is designed to provide exposure to U.S. equity securities included in the S&P 500® Index that exhibit high quality and dividend yield characteristics, as determined by Standard & Poor's Financial Services LLC, the provider of the underlying index (the "index provider").
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 | 41 |
| ⏱ 15-Min | BULLISH | 31 |
| ⏲ 5-Min | RANGING | 95 |
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.