Verdicts genuinely change. Free email alert the moment REIT'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.
ALPS Active REIT ETF ETF · ALPS ETF TRUST
31 holdings · as of 2026-05-31 (4.6 months ago) The fund may have traded since. SEC Form N-PORT is filed quarterly and lags the period it covers, so these are the most recent holdings on file, not the fund’s holdings today.
NON-COMPLIANT 55.27% of portfolio weight is in non-compliant holdings, over the 5% threshold.
31 holdings, 26 matched (91% of weight). Portfolio as of 2026-05-31, filed 2026-07-29. Source: SEC Form N-PORT.
0.81% of this portfolio’s income is non-permissible — weighted across holdings, computed over 80% of portfolio weight (22 of 31 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.
35.5% compliant 0.0% questionable 55.3% non-compliant 9.3% unscreened
| Holding | Status | Weight | Every methodology, and the debt ratio behind it |
|---|---|---|---|
| EQIX Equinix Inc | COMPLIANT | 9.98% | AAOIFI20.7% Usmani57.3% Dow Jones Islamic24.8% S&P Shariah26.3% MSCI Islamic51.7% MSCI Islamic M-Series26.3% FTSE Shariah48.4% |
| PLD Prologis Inc | COMPLIANT | 9.25% | AAOIFI25.8% Usmani35.3% Dow Jones Islamic31.2% S&P Shariah32.1% MSCI Islamic35.3% MSCI Islamic M-Series32.1% FTSE Shariah35.3% |
| WELL Welltower Inc | COMPLIANT | 8.88% | AAOIFI10.6% Usmani26.7% Dow Jones Islamic15.6% S&P Shariah19.1% MSCI Islamic26.7% MSCI Islamic M-Series19.1% FTSE Shariah26.7% |
| SPG Simon Property Group Inc | NON_COMPLIANT | 4.56% | AAOIFI42.4% Usmani72.3% Dow Jones Islamic57.5% S&P Shariah63.8% MSCI Islamic72.3% MSCI Islamic M-Series63.8% FTSE Shariah72.3% |
| ESS Essex Property Trust Inc | NON_COMPLIANT | 4.23% | AAOIFI35.7% Usmani49.5% Dow Jones Islamic37.2% S&P Shariah39.3% MSCI Islamic49.5% MSCI Islamic M-Series39.3% FTSE Shariah49.5% |
| HST Host Hotels & Resorts Inc | NON_COMPLIANT | 3.59% | AAOIFI8.4% Usmani9.6% Dow Jones Islamic10.8% S&P Shariah11.0% MSCI Islamic9.6% MSCI Islamic M-Series11.0% FTSE Shariah9.6% |
| PSA Public Storage | NON_COMPLIANT | 3.59% | AAOIFI18.1% Usmani50.6% Dow Jones Islamic19.9% S&P Shariah20.7% MSCI Islamic50.6% MSCI Islamic M-Series20.7% FTSE Shariah50.6% |
| AVB Avalonbay Communities Inc | NON_COMPLIANT | 3.43% | AAOIFIfail Usmanifail Dow Jones Islamic— S&P Shariah— MSCI Islamicfail MSCI Islamic M-Series— FTSE Shariahfail |
| CTRE Caretrust Reit Inc | NON_COMPLIANT | 3.29% | AAOIFI14.0% Usmani20.3% Dow Jones Islamic17.7% S&P Shariah21.9% MSCI Islamic20.3% MSCI Islamic M-Series21.9% FTSE Shariah20.3% |
| SBRA Sabra Health Care Reit Inc | NON_COMPLIANT | 3.24% | AAOIFI49.4% Usmani47.6% Dow Jones Islamic61.2% S&P Shariah69.2% MSCI Islamic47.6% MSCI Islamic M-Series69.2% FTSE Shariah47.6% |
| INVH Invitation Homes Inc | NON_COMPLIANT | 3.18% | AAOIFI52.4% Usmani46.2% Dow Jones Islamic47.8% S&P Shariah46.8% MSCI Islamic46.2% MSCI Islamic M-Series46.8% FTSE Shariah46.2% |
| DLR Digital Realty Trust Inc | COMPLIANT | 3.15% | AAOIFI0.0% Usmani0.0% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.0% MSCI Islamic M-Series0.0% FTSE Shariah0.0% |
| VICI Vici Properties Inc | NON_COMPLIANT | 3.12% | AAOIFI57.8% Usmani35.1% Dow Jones Islamic55.7% S&P Shariah58.1% MSCI Islamic35.1% MSCI Islamic M-Series58.1% FTSE Shariah35.1% |
| MAC Macerich Co/the | NON_COMPLIANT | 2.88% | AAOIFI73.6% Usmani56.9% Dow Jones Islamic104.4% S&P Shariah119.9% MSCI Islamic56.9% MSCI Islamic M-Series119.9% FTSE Shariah56.9% |
| IVT Inventrust Properties Corp | NON_COMPLIANT | 2.71% | AAOIFI43.0% Usmani36.1% Dow Jones Islamic48.9% S&P Shariah54.2% MSCI Islamic36.1% MSCI Islamic M-Series54.2% FTSE Shariah36.1% |
| Wp Carey Inc | UNSCREENED | 2.48% | no in-house ratios for this holding |
| CUBE Cubesmart | NON_COMPLIANT | 2.40% | AAOIFI0.0% Usmani0.0% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.0% MSCI Islamic M-Series0.0% FTSE Shariah0.0% |
| ELS Equity Lifestyle Properties Inc | COMPLIANT | 2.26% | AAOIFI27.9% Usmani58.2% Dow Jones Islamic27.8% S&P Shariah28.2% MSCI Islamic58.2% MSCI Islamic M-Series28.2% FTSE Shariah58.2% |
| CURB Curbline Properties Corp | NON_COMPLIANT | 2.23% | AAOIFI17.6% Usmani22.7% Dow Jones Islamic23.2% S&P Shariahfail MSCI Islamic22.7% MSCI Islamic M-Seriesfail FTSE Shariah22.7% |
| EPRT Essential Properties Realty Trust Inc | NON_COMPLIANT | 2.20% | AAOIFI45.0% Usmani39.1% Dow Jones Islamic49.1% S&P Shariah55.6% MSCI Islamic39.1% MSCI Islamic M-Series55.6% FTSE Shariah39.1% |
| AMT American Tower Corp | NON_COMPLIANT | 2.14% | AAOIFI— Usmani— Dow Jones Islamic— S&P Shariah— MSCI Islamic— MSCI Islamic M-Series— FTSE Shariah— |
| GLPI Gaming And Leisure Properties Inc | NON_COMPLIANT | 2.05% | AAOIFI66.7% Usmani57.1% Dow Jones Islamic65.1% S&P Shariah68.3% MSCI Islamic57.1% MSCI Islamic M-Series68.3% FTSE Shariah57.1% |
| Broadstone Net Lease Inc | UNSCREENED | 2.01% | no in-house ratios for this holding |
| Blackstone Digital Infrastructure Trust Inc | UNSCREENED | 2.00% | no in-house ratios for this holding |
| TRNO Terreno Realty Corp | COMPLIANT | 1.95% | AAOIFI13.1% Usmani16.5% Dow Jones Islamic15.2% S&P Shariah16.2% MSCI Islamic16.5% MSCI Islamic M-Series16.2% FTSE Shariah16.5% |
| CUZ Cousins Properties Inc | NON_COMPLIANT | 1.83% | AAOIFI77.9% Usmani41.3% Dow Jones Islamic85.2% S&P Shariah94.4% MSCI Islamic41.3% MSCI Islamic M-Series94.4% FTSE Shariah41.3% |
| LXP Lxp Industrial Trust | NON_COMPLIANT | 1.55% | AAOIFI38.0% Usmani39.4% Dow Jones Islamic51.3% S&P Shariah53.6% MSCI Islamic39.4% MSCI Islamic M-Series53.6% FTSE Shariah39.4% |
| BXP Bxp Inc | NON_COMPLIANT | 1.54% | AAOIFI8.5% Usmani3.9% Dow Jones Islamic9.4% S&P Shariah9.9% MSCI Islamic3.9% MSCI Islamic M-Series9.9% FTSE Shariah3.9% |
| ARE Alexandria Real Estate Equities Inc | NON_COMPLIANT | 1.52% | AAOIFI— Usmani— Dow Jones Islamic— S&P Shariah— MSCI Islamic— MSCI Islamic M-Series— FTSE Shariah— |
| Americold Realty Trust Inc | UNSCREENED | 1.46% | no in-house ratios for this holding |
| State Street Institutional Treasury Plus Money Market Fund | UNSCREENED | 1.32% | no in-house ratios for this holding |
The published standards disagree about this fund by 45 points of portfolio weight — 45.2% of it passes AAOIFI, 0.0% 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 45.2% ratios fail on 37.2% 17.6% not rated under AAOIFI
ratios pass on 0.0% ratios fail on 62.3% 37.7% not rated under Usmani
ratios pass on 45.2% ratios fail on 33.8% 21.1% not rated under Dow Jones Islamic
ratios pass on 45.2% ratios fail on 33.8% 21.1% not rated under S&P Shariah
ratios pass on 20.1% ratios fail on 62.3% 17.6% not rated under MSCI Islamic
ratios pass on 45.2% ratios fail on 33.8% 21.1% not rated under MSCI Islamic M-Series
ratios pass on 20.1% ratios fail on 62.3% 17.6% not rated under FTSE Shariah
26 of 31 listed holdings carry our own per-methodology verdicts (91% of weight). The rest hold a provider verdict with no methodology breakdown, and are counted as rated by none. Of those, 23 (84% of weight) also carry the underlying debt ratio; the rest show a verdict without the figure behind it.
| Non-compliant holding | Weight |
|---|---|
| SPG Simon Property Group Inc | 4.56% |
| ESS Essex Property Trust Inc | 4.23% |
| HST Host Hotels & Resorts Inc | 3.59% |
| PSA Public Storage | 3.59% |
| AVB Avalonbay Communities Inc | 3.43% |
| CTRE Caretrust Reit Inc | 3.29% |
| SBRA Sabra Health Care Reit Inc | 3.24% |
| INVH Invitation Homes Inc | 3.18% |
| VICI Vici Properties Inc | 3.12% |
| MAC Macerich Co/the | 2.88% |
Methodology breakdown computing — it will appear here on its own.
Whether the technical picture shows an edge right now. Separate from the Sharia verdict, which this side never overrides.
The factors behind the read, each shown with the figure it rests on, including the ones pointing the other way.
ALPS Active REIT ETF (REIT) 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.
Computing the full ratio and business-activity breakdown for REIT — 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.
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.
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.
| Indicator | Value | Signal |
|---|---|---|
| RSI (14) | 43.70 | NEUTRAL |
| Stochastic %K (14) | 37.55 | NEUTRAL |
| CCI (20) | -17.52 | NEUTRAL |
| Williams %R (14) | -62.45 | NEUTRAL |
| MACD (12,26,9) | 0.07 | BUY |
| ROC (10) | 0.40 | BUY |
| Momentum (10) | 0.11 | BUY |
| EMA (10) | 28.41 | BUY |
| SMA (10) | 28.32 | BUY |
| EMA (20) | 28.58 | SELL |
| SMA (20) | 28.51 | SELL |
| EMA (30) | 28.80 | SELL |
| SMA (30) | 28.77 | SELL |
| EMA (50) | 29.12 | SELL |
| SMA (50) | 29.36 | SELL |
| EMA (100) | 29.26 | SELL |
| SMA (100) | 29.82 | SELL |
| EMA (200) | 28.42 | BUY |
| SMA (200) | 28.77 | SELL |
The fund will, under normal circumstances, seek to achieve its investment objective by investing at least 80% of its net assets in publicly traded equity securities of REITs. It will primarily invest in publicly traded common equity securities of U.S. REITs. The fund may also invest a portion of its assets in publicly traded common equity of U.S. real estate operating companies (not structured as REITs), publicly traded preferred equity of U.S. REITs and real estate operating companies, and cash and cash equivalents. It is non-diversified.
Background via Yahoo Finance — informational, not part of the verdict.
Good setup, solid confluence
Market structure by timeframe, read from real bars. A bias per timeframe rather than a forecast — timeframes disagreeing is information, not noise.
| Timeframe | Bias | Bars |
|---|---|---|
| 📅 Daily | BULLISH | 43 |
| 🕐 1H | BEARISH | 28 |
| ⏱ 15-Min | RANGING | 112 |
| ⏲ 5-Min | BEARISH | 234 |
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.
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.
The questions worth asking about any verdict on this page, answered plainly.
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.
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.
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.
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.
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 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
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 2026-10-13 · Asset managers net 915835 (+9220)
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.