SIXAETF / FundETC 6 Meridian Mega Cap Equity ETF
Verdicts genuinely change. Free email alert the moment SIXA'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.
ETC 6 Meridian Mega Cap Equity ETF · EXCHANGE TRADED CONCEPTS TRUST
50 holdings · as of 2026-05-31 (4.8 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 47.30% of portfolio weight is in non-compliant holdings, over the 5% threshold.
50 holdings, 49 matched (100% of weight). Portfolio as of 2026-05-31, filed 2026-07-29. Source: SEC Form N-PORT.
1.53% of this portfolio’s income is non-permissible — weighted across holdings, computed over 93% of portfolio weight (45 of 50 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.
45.9% compliant 6.5% questionable 47.3% non-compliant 0.2% unscreened
All holdings (50)
| Holding | Status | Weight | Every methodology, and the debt ratio behind it |
|---|---|---|---|
| MO Altria Group, Inc. | NON_COMPLIANT | 5.01% | AAOIFI21.4% Usmani73.6% Dow Jones Islamic25.3% S&P Shariah28.5% MSCI Islamic73.6% MSCI Islamic M-Series28.5% FTSE Shariah73.6% |
| PM Philip Morris International Inc. | NON_COMPLIANT | 4.21% | AAOIFI16.1% Usmani66.9% Dow Jones Islamic18.9% S&P Shariah22.1% MSCI Islamic66.9% MSCI Islamic M-Series22.1% FTSE Shariah66.9% |
| VZ VERIZON COMMUNICATIONS INC. | NON_COMPLIANT | 3.90% | AAOIFI98.4% Usmani45.9% Dow Jones Islamic109.0% S&P Shariah116.8% MSCI Islamic45.9% MSCI Islamic M-Series116.8% FTSE Shariah40.3% |
| T AT&T INC. | NON_COMPLIANT | 3.72% | AAOIFI92.9% Usmani38.0% Dow Jones Islamic94.4% S&P Shariah107.8% MSCI Islamic38.0% MSCI Islamic M-Series107.8% FTSE Shariah33.6% |
| QCOM QUALCOMM INCORPORATED | COMPLIANT | 3.66% | AAOIFI8.3% Usmani25.7% Dow Jones Islamic8.6% S&P Shariah8.7% MSCI Islamic25.7% MSCI Islamic M-Series8.7% FTSE Shariah25.7% |
| PEP Pepsico, Inc. | COMPLIANT | 3.57% | AAOIFI23.4% Usmani39.4% Dow Jones Islamic22.7% S&P Shariah22.0% MSCI Islamic39.4% MSCI Islamic M-Series22.0% FTSE Shariah39.4% |
| LRCX LAM RESEARCH CORPORATION | COMPLIANT | 3.23% | AAOIFI1.0% Usmani17.5% Dow Jones Islamic2.1% S&P Shariah2.4% MSCI Islamic17.5% MSCI Islamic M-Series2.4% FTSE Shariah15.8% |
| NVDA NVIDIA CORPORATION | COMPLIANT | 2.77% | AAOIFI1.1% Usmani12.1% Dow Jones Islamic0.9% S&P Shariah1.1% MSCI Islamic12.1% MSCI Islamic M-Series1.1% FTSE Shariah10.4% |
| CL COLGATE-PALMOLIVE COMPANY | COMPLIANT | 2.76% | AAOIFI10.5% Usmani46.6% Dow Jones Islamic11.2% S&P Shariah11.2% MSCI Islamic46.6% MSCI Islamic M-Series11.2% FTSE Shariah46.6% |
| MDLZ Mondelez International, Inc. | COMPLIANT | 2.60% | AAOIFI24.4% Usmani27.5% Dow Jones Islamic24.3% S&P Shariah23.4% MSCI Islamic26.9% MSCI Islamic M-Series23.4% FTSE Shariah25.8% |
| PFE PFIZER INC. | NON_COMPLIANT | 2.56% | AAOIFI39.8% Usmani31.4% Dow Jones Islamic46.1% S&P Shariah45.9% MSCI Islamic31.4% MSCI Islamic M-Series45.9% FTSE Shariah31.4% |
| JNJ JOHNSON & JOHNSON | COMPLIANT | 2.56% | AAOIFI7.6% Usmani24.4% Dow Jones Islamic10.9% S&P Shariah11.7% MSCI Islamic24.4% MSCI Islamic M-Series11.7% FTSE Shariah24.4% |
| USB U.S. BANCORP | NON_COMPLIANT | 2.53% | AAOIFI38.7% Usmani5.1% Dow Jones Islamic49.4% S&P Shariah54.1% MSCI Islamic5.1% MSCI Islamic M-Series54.1% FTSE Shariah5.1% |
| TMUS T-MOBILE US, INC. | NON_COMPLIANT | 2.51% | AAOIFI18.0% Usmani17.5% Dow Jones Islamic14.6% S&P Shariah15.9% MSCI Islamic16.5% MSCI Islamic M-Series15.9% FTSE Shariah2.9% |
| SO THE SOUTHERN COMPANY | NON_COMPLIANT | 2.49% | AAOIFI68.7% Usmani45.3% Dow Jones Islamic72.3% S&P Shariah78.7% MSCI Islamic44.8% MSCI Islamic M-Series78.7% FTSE Shariah43.8% |
| DUK DUKE ENERGY CORPORATION | NON_COMPLIANT | 2.48% | AAOIFI95.1% Usmani45.3% Dow Jones Islamic98.9% S&P Shariah107.5% MSCI Islamic45.0% MSCI Islamic M-Series107.5% FTSE Shariah44.4% |
| BMY BRISTOL-MYERS SQUIBB COMPANY | NON_COMPLIANT | 2.47% | AAOIFI37.3% Usmani51.1% Dow Jones Islamic42.2% S&P Shariah44.8% MSCI Islamic51.1% MSCI Islamic M-Series44.8% FTSE Shariah48.9% |
| XOM EXXON MOBIL CORPORATION | COMPLIANT | 2.46% | AAOIFI6.5% Usmani9.1% Dow Jones Islamic8.5% S&P Shariah9.0% MSCI Islamic9.1% MSCI Islamic M-Series9.0% FTSE Shariah9.1% |
| MU MICRON TECHNOLOGY, INC. | COMPLIANT | 2.45% | AAOIFI0.6% Usmani6.7% Dow Jones Islamic1.8% S&P Shariah2.4% MSCI Islamic4.8% MSCI Islamic M-Series2.4% FTSE Shariah4.3% |
| CMCSA COMCAST CORPORATION | NON_COMPLIANT | 2.41% | AAOIFI116.3% Usmani35.1% Dow Jones Islamic144.7% S&P Shariah134.9% MSCI Islamic35.1% MSCI Islamic M-Series134.9% FTSE Shariah35.1% |
| COP CONOCOPHILLIPS | COMPLIANT | 2.37% | AAOIFI14.4% Usmani18.7% Dow Jones Islamic19.1% S&P Shariah18.8% MSCI Islamic18.7% MSCI Islamic M-Series18.8% FTSE Shariah18.7% |
| LLY ELI LILLY AND COMPANY | COMPLIANT | 1.55% | AAOIFI5.2% Usmani38.6% Dow Jones Islamic6.4% S&P Shariah6.9% MSCI Islamic38.6% MSCI Islamic M-Series6.9% FTSE Shariah38.6% |
| AAPL APPLE INC. | COMPLIANT | 1.50% | AAOIFI2.1% Usmani21.5% Dow Jones Islamic2.2% S&P Shariah2.4% MSCI Islamic21.5% MSCI Islamic M-Series2.4% FTSE Shariah21.5% |
| AMAT APPLIED MATERIALS, INC. | COMPLIANT | 1.49% | AAOIFI1.9% Usmani16.6% Dow Jones Islamic3.4% S&P Shariah3.7% MSCI Islamic16.6% MSCI Islamic M-Series3.7% FTSE Shariah14.8% |
| PLTR PALANTIR TECHNOLOGIES INC. | QUESTIONABLE | 1.47% | AAOIFI0.1% Usmani1.8% Dow Jones Islamic0.1% S&P Shariah0.1% MSCI Islamic1.8% MSCI Islamic M-Series0.1% FTSE Shariah0.0% |
| MRK MERCK & CO., INC. | COMPLIANT | 1.42% | AAOIFI14.7% Usmani41.5% Dow Jones Islamic21.8% S&P Shariah20.9% MSCI Islamic41.5% MSCI Islamic M-Series20.9% FTSE Shariah41.5% |
| GM GENERAL MOTORS COMPANY | NON_COMPLIANT | 1.42% | AAOIFI0.0% Usmani0.0% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.0% MSCI Islamic M-Series0.0% FTSE Shariah0.0% |
| AVGO BROADCOM INC. | COMPLIANT | 1.40% | AAOIFI3.8% Usmani32.5% Dow Jones Islamic4.4% S&P Shariah5.5% MSCI Islamic32.5% MSCI Islamic M-Series5.5% FTSE Shariah32.5% |
| BNY The Bank of New York Mellon Corporation | NON_COMPLIANT | 1.36% | AAOIFI27.2% Usmani5.8% Dow Jones Islamic41.5% S&P Shariah49.3% MSCI Islamic5.8% MSCI Islamic M-Series49.3% FTSE Shariah5.8% |
| META META PLATFORMS, INC. | QUESTIONABLE | 1.35% | AAOIFI7.2% Usmani25.0% Dow Jones Islamic7.0% S&P Shariah7.9% MSCI Islamic25.0% MSCI Islamic M-Series7.9% FTSE Shariah18.6% |
| ABBV ABBVIE INC. | COMPLIANT | 1.35% | AAOIFIpass Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahfail |
| GILD GILEAD SCIENCES, INC. | COMPLIANT | 1.34% | AAOIFI14.4% Usmani53.2% Dow Jones Islamic18.6% S&P Shariah21.4% MSCI Islamic53.2% MSCI Islamic M-Series21.4% FTSE Shariah53.2% |
| AMZN AMAZON.COM, INC. | QUESTIONABLE | 1.33% | AAOIFI8.2% Usmani22.1% Dow Jones Islamic9.6% S&P Shariah10.6% MSCI Islamic20.9% MSCI Islamic M-Series10.6% FTSE Shariah12.1% |
| FDX FEDEX CORPORATION | NON_COMPLIANT | 1.33% | AAOIFI55.5% Usmani43.2% Dow Jones Islamic60.9% S&P Shariah62.7% MSCI Islamic41.7% MSCI Islamic M-Series62.7% FTSE Shariah24.3% |
| RTX RTX CORPORATION | NON_COMPLIANT | 1.33% | AAOIFI12.5% Usmani19.3% Dow Jones Islamic15.9% S&P Shariah18.5% MSCI Islamic19.3% MSCI Islamic M-Series18.5% FTSE Shariah18.4% |
| GD GENERAL DYNAMICS CORPORATION | NON_COMPLIANT | 1.32% | AAOIFI10.3% Usmani17.4% Dow Jones Islamic11.7% S&P Shariah12.4% MSCI Islamic16.8% MSCI Islamic M-Series12.4% FTSE Shariah13.7% |
| SPG SIMON PROPERTY GROUP, INC. | NON_COMPLIANT | 1.32% | AAOIFI42.4% Usmani72.3% Dow Jones Islamic57.5% S&P Shariah63.8% MSCI Islamic72.3% MSCI Islamic M-Series63.8% FTSE Shariah72.3% |
| KO THE COCA-COLA COMPANY | COMPLIANT | 1.31% | AAOIFI11.9% Usmani43.4% Dow Jones Islamic14.9% S&P Shariah15.9% MSCI Islamic43.4% MSCI Islamic M-Series15.9% FTSE Shariah41.8% |
| CAT CATERPILLAR INC. | COMPLIANT | 1.29% | AAOIFI1.6% Usmani5.3% Dow Jones Islamic2.0% S&P Shariah2.4% MSCI Islamic5.3% MSCI Islamic M-Series2.4% FTSE Shariah5.3% |
| AXP AMERICAN EXPRESS COMPANY | NON_COMPLIANT | 1.28% | AAOIFI26.8% Usmani19.2% Dow Jones Islamic27.4% S&P Shariah30.8% MSCI Islamic19.2% MSCI Islamic M-Series30.8% FTSE Shariah19.2% |
| PG THE PROCTER & GAMBLE COMPANY | COMPLIANT | 1.28% | AAOIFI8.9% Usmani23.9% Dow Jones Islamic8.5% S&P Shariah8.5% MSCI Islamic23.9% MSCI Islamic M-Series8.5% FTSE Shariah23.2% |
| SCHW THE CHARLES SCHWAB CORPORATION | NON_COMPLIANT | 1.25% | AAOIFI14.6% Usmani5.3% Dow Jones Islamic18.7% S&P Shariah22.0% MSCI Islamic5.3% MSCI Islamic M-Series22.0% FTSE Shariah5.3% |
| UBER UBER TECHNOLOGIES, INC. | COMPLIANT | 1.23% | AAOIFI9.5% Usmani22.4% Dow Jones Islamic8.9% S&P Shariah9.6% MSCI Islamic22.4% MSCI Islamic M-Series9.6% FTSE Shariah19.3% |
| WFC WELLS FARGO & COMPANY | NON_COMPLIANT | 1.23% | AAOIFI80.2% Usmani9.1% Dow Jones Islamic84.8% S&P Shariah93.9% MSCI Islamic9.1% MSCI Islamic M-Series93.9% FTSE Shariah9.1% |
| COST COSTCO WHOLESALE CORPORATION | QUESTIONABLE | 1.23% | AAOIFI2.0% Usmani11.4% Dow Jones Islamic2.1% S&P Shariah2.2% MSCI Islamic9.8% MSCI Islamic M-Series2.2% FTSE Shariah6.9% |
| MDT MEDTRONIC PUBLIC LIMITED COMPANY | COMPLIANT | 1.19% | AAOIFI24.4% Usmani31.5% Dow Jones Islamic26.4% S&P Shariah27.4% MSCI Islamic31.4% MSCI Islamic M-Series27.4% FTSE Shariah30.2% |
| LOW LOWE'S COMPANIES, INC. | NON_COMPLIANT | 1.17% | AAOIFI35.6% Usmani71.7% Dow Jones Islamic30.1% S&P Shariah31.0% MSCI Islamic71.7% MSCI Islamic M-Series31.0% FTSE Shariah63.7% |
| GEV GE VERNOVA INC. | COMPLIANT | 1.17% | AAOIFI1.1% Usmani3.5% Dow Jones Islamic1.7% S&P Shariah2.0% MSCI Islamic3.5% MSCI Islamic M-Series2.0% FTSE Shariah3.5% |
| WMT WALMART INC. | QUESTIONABLE | 1.15% | AAOIFI6.4% Usmani21.5% Dow Jones Islamic6.9% S&P Shariah8.0% MSCI Islamic19.2% MSCI Islamic M-Series8.0% FTSE Shariah13.6% |
| N/A | UNSCREENED | 0.22% | no in-house ratios for this holding |
The published standards disagree about this fund by 31 points of portfolio weight — 65.4% of it passes AAOIFI, 34.6% 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 65.4% ratios fail on 34.4% 0.2% not rated under AAOIFI
ratios pass on 45.4% ratios fail on 47.9% 6.6% not rated under Usmani
ratios pass on 62.9% ratios fail on 33.2% 3.9% not rated under Dow Jones Islamic
ratios pass on 62.9% ratios fail on 31.8% 5.3% not rated under S&P Shariah
ratios pass on 34.6% ratios fail on 55.1% 10.3% not rated under MSCI Islamic
ratios pass on 62.9% ratios fail on 33.2% 3.9% not rated under MSCI Islamic M-Series
ratios pass on 40.7% ratios fail on 49.0% 10.3% not rated under FTSE Shariah
49 of 50 listed holdings carry our own per-methodology verdicts (100% of weight). The rest hold a provider verdict with no methodology breakdown, and are counted as rated by none. Of those, 48 (98% of weight) also carry the underlying debt ratio; the rest show a verdict without the figure behind it.
| Non-compliant holding | Weight |
|---|---|
| MO Altria Group, Inc. | 5.01% |
| PM Philip Morris International Inc. | 4.21% |
| VZ VERIZON COMMUNICATIONS INC. | 3.90% |
| T AT&T INC. | 3.72% |
| PFE PFIZER INC. | 2.56% |
| USB U.S. BANCORP | 2.53% |
| TMUS T-MOBILE US, INC. | 2.51% |
| SO THE SOUTHERN COMPANY | 2.49% |
| DUK DUKE ENERGY CORPORATION | 2.48% |
| BMY BRISTOL-MYERS SQUIBB COMPANY | 2.47% |
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.
ETC 6 Meridian Mega Cap Equity ETF (SIXA) 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 SIXA — 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) | 52.50 | NEUTRAL |
| Stochastic %K (14) | 60.88 | NEUTRAL |
| CCI (20) | 77.50 | NEUTRAL |
| Williams %R (14) | -39.12 | NEUTRAL |
| MACD (12,26,9) | 0.09 | BUY |
| ROC (10) | 0.85 | BUY |
| Momentum (10) | 0.49 | BUY |
| EMA (10) | 57.68 | BUY |
| SMA (10) | 57.64 | BUY |
| EMA (20) | 57.54 | BUY |
| SMA (20) | 57.32 | BUY |
| EMA (30) | 57.49 | BUY |
| SMA (30) | 57.39 | BUY |
| EMA (50) | 57.35 | BUY |
| SMA (50) | 57.62 | BUY |
| EMA (100) | 56.63 | BUY |
| SMA (100) | 56.93 | BUY |
| EMA (200) | 54.61 | BUY |
| SMA (200) | 54.87 | BUY |
About ETC 6 Meridian Mega Cap Equity ETF
Under normal circumstances, the fund invests at least 80% of its net assets (plus the amount of any borrowings for investment purposes) in mega capitalization equity securities. The Sub-Adviser considers mega capitalization companies to be the largest 10% of stocks included in the Russell 3000 Index by market capitalization. The equity securities in which it invests are mainly common stocks.
Background via Yahoo Finance — informational, not part of the verdict.
Weak — low conviction, small size or skip
SMC — Top Down
Market structure by timeframe, read from real bars. A bias per timeframe rather than a forecast — timeframes disagreeing is information, not noise.
| Timeframe | Bias | Bars |
|---|---|---|
| 📅 Daily | BULLISH | 43 |
| ⏱ 15-Min | BULLISH | 52 |
| ⏲ 5-Min | BEARISH | 158 |
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 2026-10-20 · 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.