QV
$32.67
last close 2026-10-26
QVMSETF / FundInvesco S&P SmallCap 600 QVM Multi-Factor ETF
Verdicts genuinely change. Free email alert the moment QVMS'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.
Sharia status
NOT COMPLIANT
Screened by look-through to its filed holdings — 75% of portfolio weight covered
Fund look-through
Invesco S&P SmallCap 600 QVM Multi-Factor ETF ETF · Invesco Exchange-Traded Fund Trust II
532 holdings · as of 2026-05-31 (4.9 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 118% of net assets rather than 100%. Shares of the portfolio are shown as shares of that gross exposure.
NON-COMPLIANT 47.94% of portfolio weight is in non-compliant holdings, over the 5% threshold.
532 holdings, 450 matched (75% of weight). Portfolio as of 2026-05-31, filed 2026-07-28. Source: SEC Form N-PORT.
3.33% of this portfolio’s income is non-permissible — weighted across holdings, computed over 64% of portfolio weight (370 of 532 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.
34.5% compliant 0.3% questionable 40.5% non-compliant 24.7% unscreened
All holdings (532) · showing 251–500
| Holding | Status | Weight | Every methodology, and the debt ratio behind it |
|---|---|---|---|
| WU Western Union Co. (The) | NON_COMPLIANT | 0.16% | AAOIFI104.5% Usmani31.5% Dow Jones Islamic91.2% S&P Shariah83.5% MSCI Islamic31.5% MSCI Islamic M-Series83.5% FTSE Shariah31.5% |
| NBTB NBT Bancorp Inc. | NON_COMPLIANT | 0.16% | AAOIFI315.4% Usmani52.8% Dow Jones Islamic395.6% S&P Shariah433.3% MSCI Islamic52.8% MSCI Islamic M-Series433.3% FTSE Shariah52.8% |
| OSW OneSpaWorld Holdings Ltd. | COMPLIANT | 0.16% | AAOIFI4.0% Usmani12.4% Dow Jones Islamic4.2% S&P Shariah4.8% MSCI Islamic12.4% MSCI Islamic M-Series4.8% FTSE Shariah11.2% |
| KMT Kennametal Inc. | COMPLIANT | 0.16% | AAOIFI31.5% Usmani23.1% Dow Jones Islamic35.4% S&P Shariah37.0% MSCI Islamic23.1% MSCI Islamic M-Series37.0% FTSE Shariah21.6% |
| MTX Minerals Technologies Inc. | NON_COMPLIANT | 0.16% | AAOIFI42.8% Usmani27.4% Dow Jones Islamic45.6% S&P Shariah45.4% MSCI Islamic27.4% MSCI Islamic M-Series45.4% FTSE Shariah27.4% |
| Pitney Bowes Inc. | UNSCREENED | 0.16% | no in-house ratios for this holding |
| Prestige Consumer Healthcare Inc. | UNSCREENED | 0.16% | no in-house ratios for this holding |
| CALX Calix, Inc. | COMPLIANT | 0.16% | AAOIFI— Usmani— Dow Jones Islamic— S&P Shariah— MSCI Islamic— MSCI Islamic M-Series— FTSE Shariah— |
| ROG Rogers Corp. | COMPLIANT | 0.16% | AAOIFI0.9% Usmani2.1% Dow Jones Islamic1.2% S&P Shariah1.1% MSCI Islamic1.5% MSCI Islamic M-Series1.1% FTSE Shariah0.0% |
| Amneal Pharmaceuticals, Inc. | UNSCREENED | 0.16% | no in-house ratios for this holding |
| HE Hawaiian Electric Industries, Inc. | NON_COMPLIANT | 0.16% | AAOIFI120.1% Usmani33.3% Dow Jones Islamic115.4% S&P Shariah129.3% MSCI Islamic27.4% MSCI Islamic M-Series129.3% FTSE Shariah27.0% |
| CUBI Customers Bancorp, Inc. | NON_COMPLIANT | 0.16% | AAOIFI6.0% Usmani0.6% Dow Jones Islamic7.9% S&P Shariah8.7% MSCI Islamic0.6% MSCI Islamic M-Series8.7% FTSE Shariah0.6% |
| TBBK Bancorp, Inc. (The) | NON_COMPLIANT | 0.16% | AAOIFI269.0% Usmani79.6% Dow Jones Islamic270.7% S&P Shariah295.8% MSCI Islamic79.6% MSCI Islamic M-Series295.8% FTSE Shariah79.6% |
| DNOW DNOW Inc. | COMPLIANT | 0.16% | AAOIFI22.0% Usmani16.5% Dow Jones Islamic34.2% S&P Shariah37.6% MSCI Islamic16.5% MSCI Islamic M-Series37.6% FTSE Shariah12.4% |
| DGII Digi International Inc. | COMPLIANT | 0.16% | AAOIFI4.4% Usmani12.3% Dow Jones Islamic7.5% S&P Shariah8.7% MSCI Islamic12.3% MSCI Islamic M-Series8.7% FTSE Shariah11.2% |
| NHC National HealthCare Corp. | COMPLIANT | 0.16% | AAOIFI0.9% Usmani2.0% Dow Jones Islamic1.5% S&P Shariah1.7% MSCI Islamic2.0% MSCI Islamic M-Series1.7% FTSE Shariah0.0% |
| WisdomTree, Inc. | UNSCREENED | 0.16% | no in-house ratios for this holding |
| WAY Waystar Holding Corp. | NON_COMPLIANT | 0.16% | AAOIFI36.9% Usmani25.2% Dow Jones Islamic26.1% S&P Shariah— MSCI Islamic25.2% MSCI Islamic M-Series— FTSE Shariah25.0% |
| PARR Par Pacific Holdings, Inc. | NON_COMPLIANT | 0.15% | AAOIFI26.8% Usmani25.0% Dow Jones Islamic55.5% S&P Shariah57.9% MSCI Islamic24.7% MSCI Islamic M-Series57.9% FTSE Shariah16.3% |
| HNI HNI Corp. | NON_COMPLIANT | 0.15% | AAOIFI46.9% Usmani34.1% Dow Jones Islamic70.3% S&P Shariah75.5% MSCI Islamic33.9% MSCI Islamic M-Series75.5% FTSE Shariah28.5% |
| CARG CarGurus, Inc. | COMPLIANT | 0.15% | AAOIFI6.3% Usmani33.4% Dow Jones Islamic6.1% S&P Shariah6.9% MSCI Islamic33.4% MSCI Islamic M-Series6.9% FTSE Shariah0.0% |
| DRH DiamondRock Hospitality Co. | NON_COMPLIANT | 0.15% | AAOIFI44.7% Usmani35.8% Dow Jones Islamic60.3% S&P Shariah62.3% MSCI Islamic35.8% MSCI Islamic M-Series62.3% FTSE Shariah35.8% |
| BancFirst Corp. | UNSCREENED | 0.15% | no in-house ratios for this holding |
| GRBK Green Brick Partners, Inc. | COMPLIANT | 0.15% | AAOIFI11.1% Usmani12.4% Dow Jones Islamic11.0% S&P Shariah11.6% MSCI Islamic12.4% MSCI Islamic M-Series11.6% FTSE Shariah12.4% |
| SPNT SiriusPoint Ltd. | NON_COMPLIANT | 0.15% | AAOIFI23.8% Usmani5.3% Dow Jones Islamic27.7% S&P Shariah29.4% MSCI Islamic5.3% MSCI Islamic M-Series29.4% FTSE Shariah5.3% |
| ANDE Andersons, Inc. (The) | NON_COMPLIANT | 0.15% | AAOIFI25.5% Usmani16.9% Dow Jones Islamic33.3% S&P Shariah33.7% MSCI Islamic16.9% MSCI Islamic M-Series33.7% FTSE Shariah16.9% |
| PLUS ePlus inc. | COMPLIANT | 0.15% | AAOIFI2.3% Usmani2.9% Dow Jones Islamic2.6% S&P Shariah2.7% MSCI Islamic2.9% MSCI Islamic M-Series2.7% FTSE Shariah2.1% |
| KWR Quaker Chemical Corp. | NON_COMPLIANT | 0.15% | AAOIFI33.2% Usmani32.4% Dow Jones Islamic38.2% S&P Shariah34.7% MSCI Islamic32.4% MSCI Islamic M-Series34.7% FTSE Shariah30.6% |
| RAMP LiveRamp Holdings, Inc. | COMPLIANT | 0.15% | AAOIFI1.4% Usmani2.6% Dow Jones Islamic1.7% S&P Shariah1.7% MSCI Islamic2.6% MSCI Islamic M-Series1.7% FTSE Shariah0.0% |
| FBK FB Financial Corp. | NON_COMPLIANT | 0.15% | AAOIFI11.0% Usmani1.9% Dow Jones Islamic12.2% S&P Shariah13.9% MSCI Islamic1.9% MSCI Islamic M-Series13.9% FTSE Shariah1.9% |
| IOSP Innospec Inc. | COMPLIANT | 0.15% | AAOIFI2.1% Usmani2.6% Dow Jones Islamic2.2% S&P Shariah2.0% MSCI Islamic2.6% MSCI Islamic M-Series2.0% FTSE Shariah0.0% |
| CENT Central Garden & Pet Co. | NON_COMPLIANT | 0.15% | AAOIFI60.7% Usmani37.2% Dow Jones Islamic61.0% S&P Shariah60.1% MSCI Islamic37.2% MSCI Islamic M-Series60.1% FTSE Shariah31.5% |
| CXW CoreCivic, Inc. | NON_COMPLIANT | 0.14% | AAOIFI39.5% Usmani39.3% Dow Jones Islamic61.9% S&P Shariah68.7% MSCI Islamic39.3% MSCI Islamic M-Series68.7% FTSE Shariah39.3% |
| NEOG Neogen Corp. | NON_COMPLIANT | 0.14% | AAOIFI31.3% Usmani24.3% Dow Jones Islamic40.7% S&P Shariah32.4% MSCI Islamic24.3% MSCI Islamic M-Series32.4% FTSE Shariah23.7% |
| VAC Marriott Vacations Worldwide Corp. | NON_COMPLIANT | 0.14% | AAOIFI0.0% Usmani0.0% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.0% MSCI Islamic M-Series0.0% FTSE Shariah0.0% |
| BANR Banner Corp. | NON_COMPLIANT | 0.14% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| ALRM Alarm.com Holdings, Inc. | COMPLIANT | 0.14% | AAOIFI— Usmani— Dow Jones Islamic— S&P Shariah— MSCI Islamic— MSCI Islamic M-Series— FTSE Shariah— |
| AGYS Agilysys, Inc. | COMPLIANT | 0.14% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahpass |
| Callaway Golf Co. | UNSCREENED | 0.14% | no in-house ratios for this holding |
| OMCL Omnicell, Inc. | COMPLIANT | 0.14% | AAOIFI12.8% Usmani10.0% Dow Jones Islamic11.5% S&P Shariah11.9% MSCI Islamic10.0% MSCI Islamic M-Series11.9% FTSE Shariah8.4% |
| SEZL Sezzle Inc. | COMPLIANT | 0.14% | AAOIFI0.0% Usmani0.1% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.1% MSCI Islamic M-Series0.0% FTSE Shariah0.0% |
| MBC MasterBrand, Inc. | NON_COMPLIANT | 0.14% | AAOIFI84.0% Usmani31.1% Dow Jones Islamic87.6% S&P Shariah82.2% MSCI Islamic31.1% MSCI Islamic M-Series82.2% FTSE Shariah24.4% |
| NWBI Northwest Bancshares, Inc. | NON_COMPLIANT | 0.14% | AAOIFI16.1% Usmani2.1% Dow Jones Islamic21.6% S&P Shariah23.7% MSCI Islamic2.1% MSCI Islamic M-Series23.7% FTSE Shariah2.1% |
| ACHC Acadia Healthcare Co., Inc. | NON_COMPLIANT | 0.14% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| PLAB Photronics, Inc. | NON_COMPLIANT | 0.14% | AAOIFI— Usmani— Dow Jones Islamic— S&P Shariah— MSCI Islamic— MSCI Islamic M-Series— FTSE Shariah— |
| ADNT Adient PLC | NON_COMPLIANT | 0.13% | AAOIFI171.1% Usmani29.5% Dow Jones Islamic163.5% S&P Shariah130.4% MSCI Islamic29.5% MSCI Islamic M-Series130.4% FTSE Shariah26.6% |
| SONO Sonos, Inc. | COMPLIANT | 0.13% | AAOIFI3.3% Usmani6.4% Dow Jones Islamic3.4% S&P Shariah3.3% MSCI Islamic6.4% MSCI Islamic M-Series3.3% FTSE Shariah0.0% |
| NWN Northwest Natural Holding Co. | NON_COMPLIANT | 0.13% | AAOIFI124.6% Usmani40.1% Dow Jones Islamic146.2% S&P Shariah161.6% MSCI Islamic40.1% MSCI Islamic M-Series161.6% FTSE Shariah38.8% |
| PGNY Progyny, Inc. | COMPLIANT | 0.13% | AAOIFI1.4% Usmani3.8% Dow Jones Islamic1.5% S&P Shariah1.2% MSCI Islamic3.8% MSCI Islamic M-Series1.2% FTSE Shariah0.0% |
| SHO Sunstone Hotel Investors, Inc. | NON_COMPLIANT | 0.13% | AAOIFI48.5% Usmani32.3% Dow Jones Islamic52.6% S&P Shariah52.1% MSCI Islamic32.3% MSCI Islamic M-Series52.1% FTSE Shariah32.3% |
| OFG OFG Bancorp | NON_COMPLIANT | 0.13% | AAOIFI0.0% Usmani0.0% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.0% MSCI Islamic M-Series0.0% FTSE Shariah0.0% |
| STC Stewart Information Services Corp. | NON_COMPLIANT | 0.13% | AAOIFI31.4% Usmani19.6% Dow Jones Islamic33.9% S&P Shariah36.6% MSCI Islamic19.6% MSCI Islamic M-Series36.6% FTSE Shariah19.6% |
| First Commonwealth Financial Corp. | UNSCREENED | 0.13% | no in-house ratios for this holding |
| PRGO Perrigo Co. PLC | NON_COMPLIANT | 0.13% | AAOIFI167.1% Usmani45.6% Dow Jones Islamic136.7% S&P Shariah120.3% MSCI Islamic45.5% MSCI Islamic M-Series120.3% FTSE Shariah43.3% |
| NOG Northern Oil and Gas, Inc. | NON_COMPLIANT | 0.13% | AAOIFI98.7% Usmani46.8% Dow Jones Islamic104.4% S&P Shariah96.1% MSCI Islamic46.8% MSCI Islamic M-Series96.1% FTSE Shariah46.8% |
| CTS CTS Corp. | COMPLIANT | 0.13% | AAOIFI2.0% Usmani4.2% Dow Jones Islamic2.3% S&P Shariah2.3% MSCI Islamic4.2% MSCI Islamic M-Series2.3% FTSE Shariah0.0% |
| Cohen & Steers, Inc. | UNSCREENED | 0.13% | no in-house ratios for this holding |
| UAA Under Armour, Inc. | NON_COMPLIANT | 0.13% | AAOIFI61.8% Usmani33.6% Dow Jones Islamic49.4% S&P Shariah47.3% MSCI Islamic33.6% MSCI Islamic M-Series47.3% FTSE Shariah14.4% |
| AAMI Acadian Asset Management Inc. | NON_COMPLIANT | 0.13% | AAOIFI6.1% Usmani23.3% Dow Jones Islamic11.1% S&P Shariah13.5% MSCI Islamic23.3% MSCI Islamic M-Series13.5% FTSE Shariah23.3% |
| WOR Worthington Enterprises, Inc. | COMPLIANT | 0.13% | AAOIFI12.8% Usmani19.0% Dow Jones Islamic13.6% S&P Shariah13.0% MSCI Islamic19.0% MSCI Islamic M-Series13.0% FTSE Shariah16.6% |
| JBLU JetBlue Airways Corp. | NON_COMPLIANT | 0.13% | AAOIFI564.6% Usmani60.2% Dow Jones Islamic510.7% S&P Shariah514.8% MSCI Islamic60.2% MSCI Islamic M-Series514.8% FTSE Shariah54.7% |
| SNDR Schneider National, Inc. | COMPLIANT | 0.13% | AAOIFI6.5% Usmani7.9% Dow Jones Islamic8.2% S&P Shariah8.6% MSCI Islamic7.9% MSCI Islamic M-Series8.6% FTSE Shariah7.9% |
| ALG Alamo Group Inc. | COMPLIANT | 0.13% | AAOIFI13.2% Usmani16.2% Dow Jones Islamic12.6% S&P Shariah12.5% MSCI Islamic16.2% MSCI Islamic M-Series12.5% FTSE Shariah15.2% |
| EPAC Enerpac Tool Group Corp. | COMPLIANT | 0.13% | AAOIFI9.9% Usmani22.9% Dow Jones Islamic9.2% S&P Shariah9.7% MSCI Islamic22.9% MSCI Islamic M-Series9.7% FTSE Shariah22.9% |
| TILE Interface, Inc. | COMPLIANT | 0.13% | AAOIFI13.6% Usmani22.9% Dow Jones Islamic18.5% S&P Shariah22.1% MSCI Islamic22.0% MSCI Islamic M-Series22.1% FTSE Shariah16.1% |
| ARMOUR Residential REIT, Inc. | UNSCREENED | 0.12% | no in-house ratios for this holding |
| HLIT Harmonic Inc. | COMPLIANT | 0.12% | AAOIFI10.1% Usmani20.6% Dow Jones Islamic10.4% S&P Shariah10.2% MSCI Islamic20.6% MSCI Islamic M-Series10.2% FTSE Shariah17.5% |
| CRVL CorVel Corp. | COMPLIANT | 0.12% | AAOIFI— Usmani— Dow Jones Islamic— S&P Shariah— MSCI Islamic— MSCI Islamic M-Series— FTSE Shariah— |
| Horace Mann Educators Corp. | UNSCREENED | 0.12% | no in-house ratios for this holding |
| AIN Albany International Corp. | COMPLIANT | 0.12% | AAOIFI26.9% Usmani26.3% Dow Jones Islamic23.8% S&P Shariah21.0% MSCI Islamic26.3% MSCI Islamic M-Series21.0% FTSE Shariah26.3% |
| KSS Kohl's Corp. | NON_COMPLIANT | 0.12% | AAOIFI183.9% Usmani44.5% Dow Jones Islamic249.6% S&P Shariah219.6% MSCI Islamic30.1% MSCI Islamic M-Series219.6% FTSE Shariah9.9% |
| CASH Pathward Financial, Inc. | NON_COMPLIANT | 0.12% | AAOIFI12.4% Usmani2.9% Dow Jones Islamic11.9% S&P Shariah13.0% MSCI Islamic2.9% MSCI Islamic M-Series13.0% FTSE Shariah2.9% |
| PRLB Proto Labs, Inc. | COMPLIANT | 0.12% | AAOIFI0.1% Usmani0.3% Dow Jones Islamic0.2% S&P Shariah0.2% MSCI Islamic0.3% MSCI Islamic M-Series0.2% FTSE Shariah0.0% |
| PRDO Perdoceo Education Corp. | NON_COMPLIANT | 0.12% | AAOIFI2.3% Usmani4.2% Dow Jones Islamic2.5% S&P Shariah2.9% MSCI Islamic3.6% MSCI Islamic M-Series2.9% FTSE Shariah0.0% |
| ADMA ADMA Biologics, Inc. | COMPLIANT | 0.12% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahpass |
| DXPE DXP Enterprises, Inc. | NON_COMPLIANT | 0.12% | AAOIFI31.5% Usmani50.8% Dow Jones Islamic51.5% S&P Shariah64.8% MSCI Islamic50.8% MSCI Islamic M-Series64.8% FTSE Shariah46.6% |
| AMR Alpha Metallurgical Resources, Inc. | COMPLIANT | 0.12% | AAOIFI0.2% Usmani0.3% Dow Jones Islamic0.3% S&P Shariah0.2% MSCI Islamic0.3% MSCI Islamic M-Series0.2% FTSE Shariah0.3% |
| STRA Strategic Education, Inc. | COMPLIANT | 0.12% | AAOIFI5.9% Usmani5.2% Dow Jones Islamic5.5% S&P Shariah5.2% MSCI Islamic5.2% MSCI Islamic M-Series5.2% FTSE Shariah0.0% |
| IPAR Interparfums, Inc. | COMPLIANT | 0.12% | AAOIFI4.3% Usmani10.9% Dow Jones Islamic4.6% S&P Shariah4.5% MSCI Islamic10.9% MSCI Islamic M-Series4.5% FTSE Shariah9.6% |
| Global Net Lease, Inc. | UNSCREENED | 0.12% | no in-house ratios for this holding |
| DCH Dauch Corp. | NON_COMPLIANT | 0.12% | AAOIFI318.7% Usmani47.9% Dow Jones Islamic597.2% S&P Shariah603.6% MSCI Islamic47.9% MSCI Islamic M-Series603.6% FTSE Shariah46.3% |
| HTO H2O America | NON_COMPLIANT | 0.12% | AAOIFI69.6% Usmani35.0% Dow Jones Islamic99.4% S&P Shariah101.6% MSCI Islamic35.0% MSCI Islamic M-Series101.6% FTSE Shariah35.0% |
| EZPW EZCORP, Inc. | NON_COMPLIANT | 0.12% | AAOIFI39.9% Usmani37.5% Dow Jones Islamic67.7% S&P Shariah81.3% MSCI Islamic37.4% MSCI Islamic M-Series81.3% FTSE Shariah24.0% |
| CHCO City Holding Co. | NON_COMPLIANT | 0.12% | AAOIFI7.3% Usmani2.2% Dow Jones Islamic8.6% S&P Shariah9.2% MSCI Islamic2.2% MSCI Islamic M-Series9.2% FTSE Shariah2.2% |
| LTC LTC Properties, Inc. | NON_COMPLIANT | 0.12% | AAOIFI35.4% Usmani35.7% Dow Jones Islamic47.6% S&P Shariah52.3% MSCI Islamic35.7% MSCI Islamic M-Series52.3% FTSE Shariah35.7% |
| HCI HCI Group, Inc. | NON_COMPLIANT | 0.12% | AAOIFI0.0% Usmani0.0% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.0% MSCI Islamic M-Series0.0% FTSE Shariah0.0% |
| MD Pediatrix Medical Group, Inc. | NON_COMPLIANT | 0.12% | AAOIFI28.7% Usmani29.1% Dow Jones Islamic39.4% S&P Shariah47.3% MSCI Islamic29.1% MSCI Islamic M-Series47.3% FTSE Shariah27.4% |
| ECPG Encore Capital Group, Inc. | NON_COMPLIANT | 0.12% | AAOIFI195.4% Usmani72.5% Dow Jones Islamic325.5% S&P Shariah339.1% MSCI Islamic72.5% MSCI Islamic M-Series339.1% FTSE Shariah72.5% |
| RCUS Arcus Biosciences, Inc. | COMPLIANT | 0.12% | AAOIFI4.0% Usmani12.3% Dow Jones Islamic5.6% S&P Shariah6.2% MSCI Islamic12.3% MSCI Islamic M-Series6.2% FTSE Shariah10.9% |
| Stellar Bancorp, Inc. | UNSCREENED | 0.12% | no in-house ratios for this holding |
| STBA S&T Bancorp, Inc. | NON_COMPLIANT | 0.12% | AAOIFI9.4% Usmani1.7% Dow Jones Islamic11.1% S&P Shariah12.1% MSCI Islamic1.7% MSCI Islamic M-Series12.1% FTSE Shariah1.7% |
| Sarepta Therapeutics, Inc. | UNSCREENED | 0.12% | no in-house ratios for this holding |
| DXC DXC Technology Co. | NON_COMPLIANT | 0.11% | AAOIFI224.0% Usmani33.5% Dow Jones Islamic156.3% S&P Shariah135.8% MSCI Islamic32.3% MSCI Islamic M-Series135.8% FTSE Shariah27.1% |
| FMC FMC Corp. | NON_COMPLIANT | 0.11% | AAOIFI271.1% Usmani48.1% Dow Jones Islamic115.5% S&P Shariah91.6% MSCI Islamic48.1% MSCI Islamic M-Series91.6% FTSE Shariah46.8% |
| UNIT Uniti Group Inc. | NON_COMPLIANT | 0.11% | AAOIFI446.3% Usmani85.5% Dow Jones Islamic541.0% S&P Shariah566.1% MSCI Islamic85.5% MSCI Islamic M-Series566.1% FTSE Shariah82.0% |
| PEB Pebblebrook Hotel Trust | NON_COMPLIANT | 0.11% | AAOIFI102.3% Usmani39.4% Dow Jones Islamic141.2% S&P Shariah134.2% MSCI Islamic39.4% MSCI Islamic M-Series134.2% FTSE Shariah39.4% |
| LPG Dorian LPG Ltd. | NON_COMPLIANT | 0.11% | AAOIFI25.9% Usmani34.0% Dow Jones Islamic51.7% S&P Shariah51.5% MSCI Islamic34.0% MSCI Islamic M-Series51.5% FTSE Shariah26.7% |
| PRG PROG Holdings, Inc. | NON_COMPLIANT | 0.11% | AAOIFI58.5% Usmani43.3% Dow Jones Islamic63.0% S&P Shariah63.0% MSCI Islamic43.3% MSCI Islamic M-Series63.0% FTSE Shariah43.3% |
| Getty Realty Corp. | UNSCREENED | 0.11% | no in-house ratios for this holding |
| HTH Hilltop Holdings Inc. | NON_COMPLIANT | 0.11% | AAOIFI56.0% Usmani7.9% Dow Jones Islamic61.8% S&P Shariah63.2% MSCI Islamic7.9% MSCI Islamic M-Series63.2% FTSE Shariah7.9% |
| UFPT UFP Technologies, Inc. | COMPLIANT | 0.11% | AAOIFI6.1% Usmani20.0% Dow Jones Islamic7.3% S&P Shariah7.6% MSCI Islamic20.0% MSCI Islamic M-Series7.6% FTSE Shariah17.2% |
| XHR Xenia Hotels & Resorts, Inc. | NON_COMPLIANT | 0.11% | AAOIFI73.4% Usmani50.0% Dow Jones Islamic98.2% S&P Shariah100.8% MSCI Islamic50.0% MSCI Islamic M-Series100.8% FTSE Shariah50.0% |
| WKC World Kinect Corp. | NON_COMPLIANT | 0.11% | AAOIFI41.1% Usmani11.3% Dow Jones Islamic49.9% S&P Shariah51.8% MSCI Islamic11.3% MSCI Islamic M-Series51.8% FTSE Shariah11.3% |
| TALO Talos Energy Inc. | NON_COMPLIANT | 0.11% | AAOIFI44.2% Usmani24.7% Dow Jones Islamic64.3% S&P Shariah63.8% MSCI Islamic22.9% MSCI Islamic M-Series63.8% FTSE Shariah22.6% |
| HOPE Hope Bancorp, Inc. | NON_COMPLIANT | 0.11% | AAOIFI45.0% Usmani4.3% Dow Jones Islamic58.0% S&P Shariah61.8% MSCI Islamic4.3% MSCI Islamic M-Series61.8% FTSE Shariah4.0% |
| Select Medical Holdings Corp. | UNSCREENED | 0.11% | no in-house ratios for this holding |
| ADUS Addus HomeCare Corp. | COMPLIANT | 0.11% | AAOIFI4.9% Usmani7.5% Dow Jones Islamic5.3% S&P Shariah5.7% MSCI Islamic7.5% MSCI Islamic M-Series5.7% FTSE Shariah4.2% |
| WS Worthington Steel, Inc. | NON_COMPLIANT | 0.11% | AAOIFI19.7% Usmani15.7% Dow Jones Islamic20.5% S&P Shariah21.1% MSCI Islamic15.4% MSCI Islamic M-Series21.1% FTSE Shariah11.4% |
| LZB La-Z-Boy Inc. | NON_COMPLIANT | 0.11% | AAOIFI44.3% Usmani28.3% Dow Jones Islamic36.5% S&P Shariah37.5% MSCI Islamic28.2% MSCI Islamic M-Series37.5% FTSE Shariah0.0% |
| WD Walker & Dunlop, Inc. | NON_COMPLIANT | 0.11% | AAOIFI3.6% Usmani1.2% Dow Jones Islamic2.6% S&P Shariah2.4% MSCI Islamic1.2% MSCI Islamic M-Series2.4% FTSE Shariah1.2% |
| Progress Software Corp. | UNSCREENED | 0.10% | no in-house ratios for this holding |
| FTRE Fortrea Holdings Inc. | NON_COMPLIANT | 0.10% | AAOIFI66.4% Usmani41.2% Dow Jones Islamic92.8% S&P Shariah65.5% MSCI Islamic41.2% MSCI Islamic M-Series65.5% FTSE Shariah38.8% |
| NBHC National Bank Holdings Corp. | NON_COMPLIANT | 0.10% | AAOIFI10.8% Usmani1.6% Dow Jones Islamic12.9% S&P Shariah13.9% MSCI Islamic1.6% MSCI Islamic M-Series13.9% FTSE Shariah1.6% |
| IIPR Innovative Industrial Properties, Inc. | NON_COMPLIANT | 0.10% | AAOIFI27.6% Usmani15.3% Dow Jones Islamic26.2% S&P Shariah23.0% MSCI Islamic15.3% MSCI Islamic M-Series23.0% FTSE Shariah15.3% |
| O-I Glass, Inc. | UNSCREENED | 0.10% | no in-house ratios for this holding |
| LKFN Lakeland Financial Corp. | NON_COMPLIANT | 0.10% | AAOIFI383.7% Usmani79.8% Dow Jones Islamic377.5% S&P Shariah387.7% MSCI Islamic79.8% MSCI Islamic M-Series387.7% FTSE Shariah79.8% |
| ARLO Arlo Technologies, Inc. | COMPLIANT | 0.10% | AAOIFI— Usmani— Dow Jones Islamic— S&P Shariah— MSCI Islamic— MSCI Islamic M-Series— FTSE Shariah— |
| PDFS PDF Solutions, Inc. | COMPLIANT | 0.10% | AAOIFI3.5% Usmani13.8% Dow Jones Islamic5.8% S&P Shariah5.8% MSCI Islamic13.8% MSCI Islamic M-Series5.8% FTSE Shariah12.8% |
| HCSG Healthcare Services Group, Inc. | COMPLIANT | 0.10% | AAOIFI1.2% Usmani2.2% Dow Jones Islamic1.5% S&P Shariah1.7% MSCI Islamic2.2% MSCI Islamic M-Series1.7% FTSE Shariah0.0% |
| TFIN Triumph Financial, Inc. | NON_COMPLIANT | 0.10% | AAOIFI0.0% Usmani0.0% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.0% MSCI Islamic M-Series0.0% FTSE Shariah0.0% |
| Wolverine World Wide, Inc. | UNSCREENED | 0.10% | no in-house ratios for this holding |
| NEO NeoGenomics, Inc. | COMPLIANT | 0.10% | AAOIFI20.0% Usmani33.2% Dow Jones Islamic30.1% S&P Shariah27.0% MSCI Islamic32.7% MSCI Islamic M-Series27.0% FTSE Shariah27.7% |
| Allegiant Travel Co. | UNSCREENED | 0.10% | no in-house ratios for this holding |
| INVA Innoviva, Inc. | NON_COMPLIANT | 0.10% | AAOIFI17.5% Usmani15.8% Dow Jones Islamic19.8% S&P Shariah21.9% MSCI Islamic15.8% MSCI Islamic M-Series21.9% FTSE Shariah15.2% |
| EVTC EVERTEC, Inc. | NON_COMPLIANT | 0.10% | AAOIFI63.0% Usmani46.1% Dow Jones Islamic57.1% S&P Shariah54.0% MSCI Islamic46.1% MSCI Islamic M-Series54.0% FTSE Shariah44.6% |
| Dime Commercial Bancshares, Inc. | UNSCREENED | 0.10% | no in-house ratios for this holding |
| Leggett & Platt, Inc. | UNSCREENED | 0.10% | no in-house ratios for this holding |
| Century Communities, Inc. | UNSCREENED | 0.10% | no in-house ratios for this holding |
| Greenbrier Cos., Inc. (The) | UNSCREENED | 0.10% | no in-house ratios for this holding |
| VSTS Vestis Corp. | NON_COMPLIANT | 0.10% | AAOIFI61.1% Usmani47.3% Dow Jones Islamic90.4% S&P Shariah75.4% MSCI Islamic41.7% MSCI Islamic M-Series75.4% FTSE Shariah38.4% |
| NWL Newell Brands Inc. | NON_COMPLIANT | 0.10% | AAOIFI213.0% Usmani50.1% Dow Jones Islamic243.5% S&P Shariah226.3% MSCI Islamic50.1% MSCI Islamic M-Series226.3% FTSE Shariah45.3% |
| Ellington Financial Inc. | UNSCREENED | 0.10% | no in-house ratios for this holding |
| ManpowerGroup Inc. | UNSCREENED | 0.10% | no in-house ratios for this holding |
| TNC Tennant Co. | NON_COMPLIANT | 0.10% | AAOIFI31.9% Usmani30.8% Dow Jones Islamic27.2% S&P Shariah25.4% MSCI Islamic30.8% MSCI Islamic M-Series25.4% FTSE Shariah28.2% |
| BKE Buckle, Inc. (The) | COMPLIANT | 0.09% | AAOIFI— Usmani— Dow Jones Islamic— S&P Shariah— MSCI Islamic— MSCI Islamic M-Series— FTSE Shariah— |
| WLYB John Wiley & Sons, Inc. | NON_COMPLIANT | 0.09% | AAOIFI51.8% Usmani43.9% Dow Jones Islamic55.5% S&P Shariah58.1% MSCI Islamic43.9% MSCI Islamic M-Series58.1% FTSE Shariah41.2% |
| MCRI Monarch Casino & Resort, Inc. | NON_COMPLIANT | 0.09% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| Apollo Commercial Real Estate Finance, Inc. | UNSCREENED | 0.09% | no in-house ratios for this holding |
| WABC Westamerica Bancorporation | NON_COMPLIANT | 0.09% | AAOIFI9.6% Usmani2.3% Dow Jones Islamic10.5% S&P Shariah10.7% MSCI Islamic2.3% MSCI Islamic M-Series10.7% FTSE Shariah2.3% |
| PAYO Payoneer Global Inc. | COMPLIANT | 0.09% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| SBH Sally Beauty Holdings, Inc. | NON_COMPLIANT | 0.09% | AAOIFI100.9% Usmani53.0% Dow Jones Islamic120.3% S&P Shariah124.2% MSCI Islamic53.0% MSCI Islamic M-Series124.2% FTSE Shariah28.4% |
| MBIN Merchants Bancorp | NON_COMPLIANT | 0.09% | AAOIFI177.4% Usmani20.2% Dow Jones Islamic238.6% S&P Shariah245.8% MSCI Islamic20.2% MSCI Islamic M-Series245.8% FTSE Shariah20.2% |
| SLVM Sylvamo Corp. | NON_COMPLIANT | 0.09% | AAOIFI66.4% Usmani33.5% Dow Jones Islamic44.2% S&P Shariah44.0% MSCI Islamic33.0% MSCI Islamic M-Series44.0% FTSE Shariah30.7% |
| NSP Insperity, Inc. | NON_COMPLIANT | 0.09% | AAOIFI24.1% Usmani21.4% Dow Jones Islamic24.2% S&P Shariah19.5% MSCI Islamic21.4% MSCI Islamic M-Series19.5% FTSE Shariah18.8% |
| CRI Carter's, Inc. | NON_COMPLIANT | 0.09% | AAOIFI97.4% Usmani43.4% Dow Jones Islamic84.8% S&P Shariah69.6% MSCI Islamic43.4% MSCI Islamic M-Series69.6% FTSE Shariah20.8% |
| ENR Energizer Holdings, Inc. | NON_COMPLIANT | 0.09% | AAOIFI233.9% Usmani76.2% Dow Jones Islamic205.2% S&P Shariah194.6% MSCI Islamic76.1% MSCI Islamic M-Series194.6% FTSE Shariah74.0% |
| ANIP ANI Pharmaceuticals, Inc. | NON_COMPLIANT | 0.09% | AAOIFI18.2% Usmani20.2% Dow Jones Islamic16.9% S&P Shariah17.9% MSCI Islamic20.2% MSCI Islamic M-Series17.9% FTSE Shariah20.2% |
| REYN Reynolds Consumer Products Inc. | NON_COMPLIANT | 0.09% | AAOIFI35.4% Usmani33.4% Dow Jones Islamic33.1% S&P Shariah32.3% MSCI Islamic33.1% MSCI Islamic M-Series32.3% FTSE Shariah31.0% |
| Astrana Health, Inc. | UNSCREENED | 0.09% | no in-house ratios for this holding |
| TRIP Tripadvisor, Inc. | NON_COMPLIANT | 0.09% | AAOIFI78.5% Usmani35.3% Dow Jones Islamic79.4% S&P Shariah119.1% MSCI Islamic33.8% MSCI Islamic M-Series119.1% FTSE Shariah32.6% |
| EYE National Vision Holdings, Inc. | NON_COMPLIANT | 0.09% | AAOIFI51.3% Usmani34.9% Dow Jones Islamic44.6% S&P Shariah46.7% MSCI Islamic34.8% MSCI Islamic M-Series46.7% FTSE Shariah11.6% |
| GO Grocery Outlet Holding Corp. | NON_COMPLIANT | 0.09% | AAOIFI41.2% Usmani16.9% Dow Jones Islamic39.6% S&P Shariah30.0% MSCI Islamic16.9% MSCI Islamic M-Series30.0% FTSE Shariah16.9% |
| Universal Corp. | UNSCREENED | 0.09% | no in-house ratios for this holding |
| CNMD CONMED Corp. | NON_COMPLIANT | 0.09% | AAOIFI61.3% Usmani36.3% Dow Jones Islamic52.9% S&P Shariah43.7% MSCI Islamic36.3% MSCI Islamic M-Series43.7% FTSE Shariah36.3% |
| WEN Wendy's Co. (The) | NON_COMPLIANT | 0.09% | AAOIFI242.3% Usmani83.4% Dow Jones Islamic166.0% S&P Shariah138.3% MSCI Islamic69.6% MSCI Islamic M-Series138.3% FTSE Shariah56.3% |
| Helix Energy Solutions Group, Inc. | UNSCREENED | 0.08% | no in-house ratios for this holding |
| DV DoubleVerify Holdings, Inc. | COMPLIANT | 0.08% | AAOIFI4.0% Usmani8.5% Dow Jones Islamic3.6% S&P Shariah2.6% MSCI Islamic6.3% MSCI Islamic M-Series2.6% FTSE Shariah0.0% |
| ASTE Astec Industries, Inc. | NON_COMPLIANT | 0.08% | AAOIFI37.5% Usmani27.0% Dow Jones Islamic38.6% S&P Shariah41.0% MSCI Islamic27.0% MSCI Islamic M-Series41.0% FTSE Shariah27.0% |
| XPEL XPEL, Inc. | COMPLIANT | 0.08% | AAOIFI4.6% Usmani13.4% Dow Jones Islamic5.6% S&P Shariah5.2% MSCI Islamic13.4% MSCI Islamic M-Series5.2% FTSE Shariah9.5% |
| LNN Lindsay Corp. | COMPLIANT | 0.08% | AAOIFI11.0% Usmani16.8% Dow Jones Islamic10.4% S&P Shariah10.5% MSCI Islamic16.8% MSCI Islamic M-Series10.5% FTSE Shariah14.0% |
| JJSF J & J Snack Foods Corp. | COMPLIANT | 0.08% | AAOIFI14.0% Usmani16.3% Dow Jones Islamic10.5% S&P Shariah9.3% MSCI Islamic16.2% MSCI Islamic M-Series9.3% FTSE Shariah4.2% |
| Sonic Automotive, Inc. | UNSCREENED | 0.08% | no in-house ratios for this holding |
| ACT Enact Holdings, Inc. | NON_COMPLIANT | 0.08% | AAOIFI11.0% Usmani10.7% Dow Jones Islamic13.6% S&P Shariah14.5% MSCI Islamic10.7% MSCI Islamic M-Series14.5% FTSE Shariah10.7% |
| UPWK Upwork Inc. | NON_COMPLIANT | 0.08% | AAOIFI67.2% Usmani58.1% Dow Jones Islamic40.4% S&P Shariah41.7% MSCI Islamic58.1% MSCI Islamic M-Series41.7% FTSE Shariah56.6% |
| Harmony Biosciences Holdings, Inc. | UNSCREENED | 0.08% | no in-house ratios for this holding |
| COLL Collegium Pharmaceutical, Inc. | NON_COMPLIANT | 0.08% | AAOIFI31.8% Usmani11.4% Dow Jones Islamic21.9% S&P Shariah22.5% MSCI Islamic11.4% MSCI Islamic M-Series22.5% FTSE Shariah11.2% |
| GIII G-III Apparel Group, Ltd. | NON_COMPLIANT | 0.08% | AAOIFI28.6% Usmani12.4% Dow Jones Islamic27.5% S&P Shariah27.3% MSCI Islamic12.4% MSCI Islamic M-Series27.3% FTSE Shariah0.3% |
| SCL Stepan Co. | NON_COMPLIANT | 0.08% | AAOIFI49.1% Usmani29.6% Dow Jones Islamic56.7% S&P Shariah49.9% MSCI Islamic29.6% MSCI Islamic M-Series49.9% FTSE Shariah27.1% |
| ProAssurance Corp. | UNSCREENED | 0.08% | no in-house ratios for this holding |
| BLFS BioLife Solutions, Inc. | COMPLIANT | 0.08% | AAOIFI0.9% Usmani3.5% Dow Jones Islamic1.3% S&P Shariah1.5% MSCI Islamic3.5% MSCI Islamic M-Series1.5% FTSE Shariah0.0% |
| LGI Homes, Inc. | UNSCREENED | 0.08% | no in-house ratios for this holding |
| ROCK Gibraltar Industries, Inc. | NON_COMPLIANT | 0.08% | AAOIFI97.6% Usmani49.1% Dow Jones Islamic82.0% S&P Shariah74.0% MSCI Islamic49.1% MSCI Islamic M-Series74.0% FTSE Shariah43.7% |
| SMPL Simply Good Foods Co. (The) | NON_COMPLIANT | 0.08% | AAOIFI44.3% Usmani21.7% Dow Jones Islamic17.7% S&P Shariah15.6% MSCI Islamic21.7% MSCI Islamic M-Series15.6% FTSE Shariah19.3% |
| Avanos Medical, Inc. | UNSCREENED | 0.08% | no in-house ratios for this holding |
| YELP Yelp Inc. | COMPLIANT | 0.08% | AAOIFI1.6% Usmani2.4% Dow Jones Islamic1.2% S&P Shariah1.0% MSCI Islamic2.4% MSCI Islamic M-Series1.0% FTSE Shariah0.0% |
| THRM Gentherm Inc. | NON_COMPLIANT | 0.08% | AAOIFI26.0% Usmani23.7% Dow Jones Islamic37.2% S&P Shariah31.9% MSCI Islamic23.7% MSCI Islamic M-Series31.9% FTSE Shariah20.5% |
| REX REX American Resources Corp. | COMPLIANT | 0.08% | AAOIFI1.1% Usmani2.1% Dow Jones Islamic1.4% S&P Shariah1.6% MSCI Islamic1.7% MSCI Islamic M-Series1.6% FTSE Shariah0.0% |
| ZD Ziff Davis, Inc. | NON_COMPLIANT | 0.08% | AAOIFI44.8% Usmani21.7% Dow Jones Islamic50.9% S&P Shariah42.3% MSCI Islamic21.7% MSCI Islamic M-Series42.3% FTSE Shariah21.7% |
| INSP Inspire Medical Systems, Inc. | COMPLIANT | 0.08% | AAOIFI1.6% Usmani3.1% Dow Jones Islamic0.8% S&P Shariah0.7% MSCI Islamic3.1% MSCI Islamic M-Series0.7% FTSE Shariah0.0% |
| Upbound Group, Inc. | UNSCREENED | 0.08% | no in-house ratios for this holding |
| MLKN Millerknoll, Inc. | NON_COMPLIANT | 0.08% | AAOIFI131.0% Usmani45.4% Dow Jones Islamic141.3% S&P Shariah125.5% MSCI Islamic45.4% MSCI Islamic M-Series125.5% FTSE Shariah32.3% |
| SAFT Safety Insurance Group, Inc. | NON_COMPLIANT | 0.07% | AAOIFI3.3% Usmani2.0% Dow Jones Islamic4.5% S&P Shariah4.6% MSCI Islamic2.0% MSCI Islamic M-Series4.6% FTSE Shariah2.0% |
| AAT American Assets Trust, Inc. | NON_COMPLIANT | 0.07% | AAOIFI128.1% Usmani58.6% Dow Jones Islamic137.3% S&P Shariah141.5% MSCI Islamic58.6% MSCI Islamic M-Series141.5% FTSE Shariah58.6% |
| Centerspace | UNSCREENED | 0.07% | no in-house ratios for this holding |
| TMP Tompkins Financial Corp. | NON_COMPLIANT | 0.07% | AAOIFI0.0% Usmani0.0% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.0% MSCI Islamic M-Series0.0% FTSE Shariah0.0% |
| ABR Arbor Realty Trust, Inc. | NON_COMPLIANT | 0.07% | AAOIFI1134.7% Usmani77.4% Dow Jones Islamic665.1% S&P Shariah640.2% MSCI Islamic77.4% MSCI Islamic M-Series640.2% FTSE Shariah77.4% |
| VTOL Bristow Group Inc. | NON_COMPLIANT | 0.07% | AAOIFI73.3% Usmani40.7% Dow Jones Islamic88.3% S&P Shariah96.1% MSCI Islamic40.7% MSCI Islamic M-Series96.1% FTSE Shariah31.3% |
| MRTN Marten Transport, Ltd. | COMPLIANT | 0.07% | AAOIFI0.0% Usmani0.0% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.0% MSCI Islamic M-Series0.0% FTSE Shariah0.0% |
| DLX Deluxe Corp. | NON_COMPLIANT | 0.07% | AAOIFI125.5% Usmani57.5% Dow Jones Islamic155.1% S&P Shariah163.4% MSCI Islamic54.6% MSCI Islamic M-Series163.4% FTSE Shariah52.8% |
| DEA Easterly Government Properties, Inc. | NON_COMPLIANT | 0.07% | AAOIFI147.2% Usmani50.0% Dow Jones Islamic179.5% S&P Shariah177.7% MSCI Islamic50.0% MSCI Islamic M-Series177.7% FTSE Shariah50.0% |
| QDEL QuidelOrtho Corp. | NON_COMPLIANT | 0.07% | AAOIFI321.0% Usmani53.8% Dow Jones Islamic159.8% S&P Shariah123.4% MSCI Islamic53.8% MSCI Islamic M-Series123.4% FTSE Shariah50.6% |
| DMC Fresh Del Monte Produce Inc. | NON_COMPLIANT | 0.07% | AAOIFI39.3% Usmani17.6% Dow Jones Islamic38.1% S&P Shariah42.5% MSCI Islamic17.6% MSCI Islamic M-Series42.5% FTSE Shariah12.8% |
| AOSL Alpha and Omega Semiconductor Ltd. | COMPLIANT | 0.07% | AAOIFI4.1% Usmani3.3% Dow Jones Islamic3.4% S&P Shariah3.6% MSCI Islamic3.2% MSCI Islamic M-Series3.6% FTSE Shariah0.8% |
| Azenta, Inc. | UNSCREENED | 0.07% | no in-house ratios for this holding |
| VYX NCR Voyix Corp. | NON_COMPLIANT | 0.07% | AAOIFI116.7% Usmani34.1% Dow Jones Islamic87.4% S&P Shariah73.7% MSCI Islamic34.1% MSCI Islamic M-Series73.7% FTSE Shariah28.6% |
| PFBC Preferred Bank | NON_COMPLIANT | 0.07% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| DFIN Donnelley Financial Solutions, Inc. | COMPLIANT | 0.07% | AAOIFI16.9% Usmani25.4% Dow Jones Islamic14.7% S&P Shariah13.7% MSCI Islamic25.4% MSCI Islamic M-Series13.7% FTSE Shariah24.5% |
| AMN Healthcare Services, Inc. | UNSCREENED | 0.07% | no in-house ratios for this holding |
| BJ's Restaurants, Inc. | UNSCREENED | 0.07% | no in-house ratios for this holding |
| INVX Innovex International, Inc. | COMPLIANT | 0.07% | AAOIFI3.5% Usmani7.5% Dow Jones Islamic5.5% S&P Shariah6.5% MSCI Islamic5.6% MSCI Islamic M-Series6.5% FTSE Shariah1.9% |
| Comstock Resources, Inc. | UNSCREENED | 0.07% | no in-house ratios for this holding |
| UFCS United Fire Group, Inc. | NON_COMPLIANT | 0.07% | AAOIFI10.2% Usmani3.6% Dow Jones Islamic17.3% S&P Shariah20.0% MSCI Islamic3.6% MSCI Islamic M-Series20.0% FTSE Shariah3.6% |
| AHCO AdaptHealth Corp. | NON_COMPLIANT | 0.07% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| EIG Employers Holdings, Inc. | NON_COMPLIANT | 0.07% | AAOIFI14.0% Usmani3.7% Dow Jones Islamic12.5% S&P Shariah12.5% MSCI Islamic3.7% MSCI Islamic M-Series12.5% FTSE Shariah3.7% |
| U.S. Physical Therapy, Inc. | UNSCREENED | 0.07% | no in-house ratios for this holding |
| MSEX Middlesex Water Co. | NON_COMPLIANT | 0.07% | AAOIFI36.9% Usmani28.4% Dow Jones Islamic40.9% S&P Shariah40.9% MSCI Islamic28.4% MSCI Islamic M-Series40.9% FTSE Shariah28.3% |
| WGO Winnebago Industries, Inc. | NON_COMPLIANT | 0.06% | AAOIFI55.3% Usmani23.4% Dow Jones Islamic44.9% S&P Shariah37.4% MSCI Islamic23.4% MSCI Islamic M-Series37.4% FTSE Shariah21.7% |
| NX Quanex Building Products Corp. | NON_COMPLIANT | 0.06% | AAOIFI80.0% Usmani42.8% Dow Jones Islamic92.6% S&P Shariah89.9% MSCI Islamic42.8% MSCI Islamic M-Series89.9% FTSE Shariah33.7% |
| AORT Artivion, Inc. | NON_COMPLIANT | 0.06% | AAOIFI— Usmani— Dow Jones Islamic— S&P Shariah— MSCI Islamic— MSCI Islamic M-Series— FTSE Shariah— |
| SBSI Southside Bancshares, Inc. | NON_COMPLIANT | 0.06% | AAOIFI21.2% Usmani2.4% Dow Jones Islamic23.2% S&P Shariah24.2% MSCI Islamic2.4% MSCI Islamic M-Series24.2% FTSE Shariah2.4% |
| CFFN Capitol Federal Financial, Inc. | NON_COMPLIANT | 0.06% | AAOIFI146.8% Usmani16.9% Dow Jones Islamic196.6% S&P Shariah212.3% MSCI Islamic16.9% MSCI Islamic M-Series212.3% FTSE Shariah16.9% |
| Heritage Financial Corp. | UNSCREENED | 0.06% | no in-house ratios for this holding |
| APOG Apogee Enterprises, Inc. | NON_COMPLIANT | 0.06% | AAOIFI35.6% Usmani26.1% Dow Jones Islamic29.3% S&P Shariah27.7% MSCI Islamic26.1% MSCI Islamic M-Series27.7% FTSE Shariah21.6% |
| TrustCo Bank Corp. | UNSCREENED | 0.06% | no in-house ratios for this holding |
| PCRX Pacira Biosciences, Inc. | NON_COMPLIANT | 0.06% | AAOIFI39.2% Usmani33.1% Dow Jones Islamic41.2% S&P Shariah37.5% MSCI Islamic33.1% MSCI Islamic M-Series37.5% FTSE Shariah29.2% |
| CPF Central Pacific Financial Corp. | NON_COMPLIANT | 0.06% | AAOIFI341.3% Usmani44.7% Dow Jones Islamic423.6% S&P Shariah486.6% MSCI Islamic44.7% MSCI Islamic M-Series486.6% FTSE Shariah44.7% |
| Virtus Investment Partners, Inc. | UNSCREENED | 0.06% | no in-house ratios for this holding |
| PMT PennyMac Mortgage Investment Trust | NON_COMPLIANT | 0.06% | AAOIFI82.7% Usmani2.8% Dow Jones Islamic73.8% S&P Shariah75.6% MSCI Islamic2.8% MSCI Islamic M-Series75.6% FTSE Shariah2.8% |
| SCSC ScanSource, Inc. | COMPLIANT | 0.06% | AAOIFI9.4% Usmani5.7% Dow Jones Islamic11.5% S&P Shariah11.4% MSCI Islamic5.7% MSCI Islamic M-Series11.4% FTSE Shariah5.2% |
| AESI Atlas Energy Solutions Inc. | NON_COMPLIANT | 0.06% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| SCHL Scholastic Corp. | NON_COMPLIANT | 0.06% | AAOIFI75.8% Usmani29.3% Dow Jones Islamic55.5% S&P Shariah52.4% MSCI Islamic28.4% MSCI Islamic M-Series52.4% FTSE Shariah10.7% |
| EPC Edgewell Personal Care Co. | NON_COMPLIANT | 0.06% | AAOIFI93.6% Usmani35.2% Dow Jones Islamic103.2% S&P Shariah89.1% MSCI Islamic35.2% MSCI Islamic M-Series89.1% FTSE Shariah35.2% |
| HAFC Hanmi Financial Corp. | NON_COMPLIANT | 0.06% | AAOIFI338.7% Usmani40.2% Dow Jones Islamic433.4% S&P Shariah498.5% MSCI Islamic40.2% MSCI Islamic M-Series498.5% FTSE Shariah40.2% |
| FIZZ National Beverage Corp. | COMPLIANT | 0.06% | AAOIFI2.0% Usmani10.1% Dow Jones Islamic1.8% S&P Shariah1.7% MSCI Islamic10.1% MSCI Islamic M-Series1.7% FTSE Shariah0.0% |
| PZZA Papa John's International, Inc. | NON_COMPLIANT | 0.06% | AAOIFI116.2% Usmani116.2% Dow Jones Islamic69.6% S&P Shariah60.8% MSCI Islamic111.5% MSCI Islamic M-Series60.8% FTSE Shariah90.4% |
| JBG SMITH Properties | UNSCREENED | 0.06% | no in-house ratios for this holding |
| UTL Unitil Corp. | NON_COMPLIANT | 0.06% | AAOIFI74.4% Usmani32.8% Dow Jones Islamic84.0% S&P Shariah87.7% MSCI Islamic32.8% MSCI Islamic M-Series87.7% FTSE Shariah32.5% |
| SMP Standard Motor Products, Inc. | NON_COMPLIANT | 0.06% | AAOIFI75.2% Usmani33.9% Dow Jones Islamic94.1% S&P Shariah97.1% MSCI Islamic33.9% MSCI Islamic M-Series97.1% FTSE Shariah28.6% |
| PRSU Pursuit Attractions and Hospitality, Inc. | NON_COMPLIANT | 0.06% | AAOIFI13.4% Usmani24.2% Dow Jones Islamic19.5% S&P Shariah21.7% MSCI Islamic19.7% MSCI Islamic M-Series21.7% FTSE Shariah18.9% |
| CBRL Cracker Barrel Old Country Store, Inc. | NON_COMPLIANT | 0.06% | AAOIFI101.1% Usmani58.6% Dow Jones Islamic121.5% S&P Shariah111.6% MSCI Islamic58.6% MSCI Islamic M-Series111.6% FTSE Shariah24.1% |
| LQDT Liquidity Services, Inc. | COMPLIANT | 0.06% | AAOIFI1.0% Usmani3.2% Dow Jones Islamic1.5% S&P Shariah1.7% MSCI Islamic3.2% MSCI Islamic M-Series1.7% FTSE Shariah0.0% |
| CVI CVR Energy, Inc. | NON_COMPLIANT | 0.05% | AAOIFI37.3% Usmani42.4% Dow Jones Islamic64.0% S&P Shariah62.3% MSCI Islamic42.4% MSCI Islamic M-Series62.3% FTSE Shariah42.0% |
| VIR Vir Biotechnology, Inc. | NON_COMPLIANT | 0.05% | AAOIFI6.1% Usmani7.7% Dow Jones Islamic8.6% S&P Shariah8.1% MSCI Islamic7.7% MSCI Islamic M-Series8.1% FTSE Shariah0.0% |
| MATW Matthews International Corp. | NON_COMPLIANT | 0.05% | AAOIFI95.2% Usmani41.7% Dow Jones Islamic85.0% S&P Shariah80.4% MSCI Islamic41.7% MSCI Islamic M-Series80.4% FTSE Shariah37.7% |
| KOP Koppers Holdings Inc. | NON_COMPLIANT | 0.05% | AAOIFI110.8% Usmani58.2% Dow Jones Islamic149.7% S&P Shariah133.6% MSCI Islamic58.2% MSCI Islamic M-Series133.6% FTSE Shariah52.1% |
| LZ LegalZoom.com, Inc. | COMPLIANT | 0.05% | AAOIFI1.5% Usmani3.2% Dow Jones Islamic1.1% S&P Shariah1.0% MSCI Islamic3.2% MSCI Islamic M-Series1.0% FTSE Shariah0.0% |
| SDGR Schrodinger, Inc. | NON_COMPLIANT | 0.05% | AAOIFI6.2% Usmani16.9% Dow Jones Islamic7.6% S&P Shariah6.9% MSCI Islamic16.9% MSCI Islamic M-Series6.9% FTSE Shariah0.0% |
| CNXN PC Connection, Inc. | COMPLIANT | 0.05% | AAOIFI— Usmani— Dow Jones Islamic— S&P Shariah— MSCI Islamic— MSCI Islamic M-Series— FTSE Shariah— |
| ADAM Adamas Trust, Inc. | NON_COMPLIANT | 0.05% | AAOIFI76.3% Usmani5.2% Dow Jones Islamic113.6% S&P Shariah119.9% MSCI Islamic5.2% MSCI Islamic M-Series119.9% FTSE Shariah5.2% |
| FOXF Fox Factory Holding Corp. | NON_COMPLIANT | 0.05% | AAOIFI59.3% Usmani31.6% Dow Jones Islamic51.1% S&P Shariah34.0% MSCI Islamic31.6% MSCI Islamic M-Series34.0% FTSE Shariah30.8% |
| EGBN Eagle Bancorp, Inc. | NON_COMPLIANT | 0.05% | AAOIFI77.6% Usmani6.9% Dow Jones Islamic95.8% S&P Shariah99.4% MSCI Islamic6.9% MSCI Islamic M-Series99.4% FTSE Shariah6.9% |
| Whitestone REIT | UNSCREENED | 0.05% | no in-house ratios for this holding |
| HTLD Heartland Express, Inc. | COMPLIANT | 0.05% | AAOIFI15.2% Usmani12.5% Dow Jones Islamic17.8% S&P Shariah16.7% MSCI Islamic12.5% MSCI Islamic M-Series16.7% FTSE Shariah11.5% |
| VRRM Verra Mobility Corp. | NON_COMPLIANT | 0.05% | AAOIFI135.4% Usmani67.3% Dow Jones Islamic34.1% S&P Shariah31.6% MSCI Islamic67.3% MSCI Islamic M-Series31.6% FTSE Shariah64.0% |
| TR Tootsie Roll Industries, Inc. | COMPLIANT | 0.05% | AAOIFI0.2% Usmani0.4% Dow Jones Islamic0.2% S&P Shariah0.2% MSCI Islamic0.4% MSCI Islamic M-Series0.2% FTSE Shariah0.0% |
| TRUP Trupanion, Inc. | NON_COMPLIANT | 0.05% | AAOIFI8.8% Usmani11.5% Dow Jones Islamic6.4% S&P Shariah7.1% MSCI Islamic11.5% MSCI Islamic M-Series7.1% FTSE Shariah11.5% |
| MTUS Metallus Inc. | COMPLIANT | 0.05% | AAOIFI1.5% Usmani1.3% Dow Jones Islamic1.7% S&P Shariah1.6% MSCI Islamic1.1% MSCI Islamic M-Series1.6% FTSE Shariah0.0% |
| SAFE Safehold Inc. | NON_COMPLIANT | 0.05% | AAOIFI434.6% Usmani61.9% Dow Jones Islamic408.0% S&P Shariah392.9% MSCI Islamic61.9% MSCI Islamic M-Series392.9% FTSE Shariah61.9% |
| CERT Certara, Inc. | NON_COMPLIANT | 0.05% | AAOIFI21.1% Usmani21.6% Dow Jones Islamic19.6% S&P Shariah16.3% MSCI Islamic21.6% MSCI Islamic M-Series16.3% FTSE Shariah20.8% |
| John B. Sanfilippo & Son, Inc. | UNSCREENED | 0.05% | no in-house ratios for this holding |
The published standards disagree about this fund by 9 points of portfolio weight — 41.9% of it passes FTSE Shariah, 33.0% 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 38.5% ratios fail on 42.7% 37.3% not rated under AAOIFI
ratios pass on 35.5% ratios fail on 42.5% 40.5% not rated under Usmani
ratios pass on 36.6% ratios fail on 44.1% 37.8% not rated under Dow Jones Islamic
ratios pass on 35.3% ratios fail on 45.2% 38.0% not rated under S&P Shariah
ratios pass on 33.0% ratios fail on 48.7% 36.7% not rated under MSCI Islamic
ratios pass on 35.0% ratios fail on 45.7% 37.8% not rated under MSCI Islamic M-Series
ratios pass on 41.9% ratios fail on 38.4% 38.3% not rated under FTSE Shariah
448 of 532 listed holdings carry our own per-methodology verdicts (89% of weight). The rest hold a provider verdict with no methodology breakdown, and are counted as rated by none. Of those, 414 (83% of weight) also carry the underlying debt ratio; the rest show a verdict without the figure behind it.
| Non-compliant holding | Weight |
|---|---|
| VSAT Viasat, Inc. | 0.70% |
| EMN Eastman Chemical Co. | 0.63% |
| SNEX StoneX Group Inc. | 0.61% |
| KRYS Krystal Biotech, Inc. | 0.56% |
| GTES Gates Industrial Corp. PLC | 0.50% |
| LKQ LKQ Corp. | 0.48% |
| JXN Jackson Financial Inc. | 0.46% |
| KMX CarMax, Inc. | 0.43% |
| MHK Mohawk Industries, Inc. | 0.43% |
| EAT Brinker International, Inc. | 0.42% |
Methodology breakdown computing — it will appear here on its own.
🕌Open research, not a fatwa — verify with your own scholar.
Trade setup
Whether the technical picture shows an edge right now. Separate from the Sharia verdict, which this side never overrides.
SEPARATE FROM SHARIAH
No trade setup shown — a stock that isn't cleanly Sharia-compliant never gets a bullish verdict here.
Why this signal?
The factors behind the read, each shown with the figure it rests on, including the ones pointing the other way.
Structure2 of 2 timeframes bullish · 100.0% aligned
VWAPPrice holding above VWAP ($32.44)
VolumeRelative volume 1.6× the 20-day average
Momentum10-day rate of change +1.0%
Invesco S&P SmallCap 600 QVM Multi-Factor ETF (QVMS) 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.
Market & analysts
Momentum (10d)
+1.0%
rate of change
SMC grade
F · 33
100.0% aligned
F · 33
SMC grade — 100.0% timeframe alignment
+1.0%
Rate of change (10d)
🕌 In-house Compliance Research
Computing the full ratio and business-activity breakdown for QVMS — 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
Support & Resistance
S3
32.24
S2
32.30
S1
32.42
PIVOT
32.48
R1
32.59
R2
32.65
R3
32.77
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.
7-day expected range
32.72
–
34.14
±2.13% from 33.43, made 2026-09-13 · resolves 2026-09-20
STRONG SELL
from 19 indicators
61.9% of our last
5789 forecasts — across every
instrument we forecast, not just this one — landed inside their
stated range, and
49.9% called the direction correctly.
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.
BUY
19 indicators
OscillatorsNEUTRAL
3 buy · 1 neutral · 3 sell
Moving averagesSTRONG BUY
8 buy · 0 neutral · 4 sell
Every indicator, and what it reads
| Indicator | Value | Signal |
|---|---|---|
| RSI (14) | 52.30 | NEUTRAL |
| Stochastic %K (14) | 97.20 | SELL |
| CCI (20) | 137.79 | SELL |
| Williams %R (14) | -2.80 | SELL |
| MACD (12,26,9) | 0.10 | BUY |
| ROC (10) | 1.03 | BUY |
| Momentum (10) | 0.33 | BUY |
| EMA (10) | 32.42 | BUY |
| SMA (10) | 32.31 | BUY |
| EMA (20) | 32.46 | BUY |
| SMA (20) | 32.34 | BUY |
| EMA (30) | 32.60 | BUY |
| SMA (30) | 32.43 | BUY |
| EMA (50) | 32.85 | SELL |
| SMA (50) | 33.04 | SELL |
| EMA (100) | 32.84 | SELL |
| SMA (100) | 33.56 | SELL |
| EMA (200) | 31.60 | BUY |
| SMA (200) | 32.00 | BUY |
About Invesco S&P SmallCap 600 QVM Multi-Factor ETF
The fund will invest at least 90% of its total assets in the securities that comprise the index. S&P Dow Jones Indices LLC compiles, maintains and calculates the index, designed to measure the performance of 90% of the stocks within the S&P SmallCap 600® Index, after excluding those with the lowest quality, value and momentum multi-factor score. The index is composed of securities with multi-factor scores representing the top 90% of the parent index, as determined by the index provider.
Background via Yahoo Finance — informational, not part of the verdict.
Grade 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 | BULLISH | 42 |
| ⏲ 5-Min | BULLISH | 39 |
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.
+1.0%
Rate of change (10d)
1.6×
Volume vs its 20-day average
-0.17
MACD (no fresh cross)
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 2026-10-20 · Asset managers net 901377 (-14458)
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.