TVLAXETF / FundTouchstone Strategic Trust-Touchstone Value Fund
Verdicts genuinely change. Free email alert the moment TVLAX'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.
Touchstone Strategic Trust-Touchstone Value Fund · Touchstone Strategic Trust
52 holdings
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 101% of net assets rather than 100%. Shares of the portfolio are shown as shares of that gross exposure.
NON-COMPLIANT 55.29% of portfolio weight is in non-compliant holdings, over the 5% threshold.
52 holdings, 47 matched (94% of weight). Portfolio as of 2026-06-30, filed 2026-08-26. Source: SEC Form N-PORT.
2.21% of this portfolio’s income is non-permissible — weighted across holdings, computed over 83% of portfolio weight (42 of 52 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.
35.6% compliant 3.4% questionable 54.9% non-compliant 6.0% unscreened
All holdings (52)
| Holding | Status | Weight | Every methodology, and the debt ratio behind it |
|---|---|---|---|
| CCL CARNIVAL CORP LTD | NON_COMPLIANT | 3.85% | AAOIFI72.6% Usmani50.6% Dow Jones Islamic82.0% S&P Shariah96.0% MSCI Islamic50.6% MSCI Islamic M-Series96.0% FTSE Shariah48.2% |
| BAC BANK OF AMERICA CORP | NON_COMPLIANT | 3.58% | AAOIFI77.5% Usmani9.7% Dow Jones Islamic95.9% S&P Shariah105.7% MSCI Islamic9.7% MSCI Islamic M-Series105.7% FTSE Shariah9.7% |
| GOOG ALPHABET INC | QUESTIONABLE | 3.46% | AAOIFI2.9% Usmani13.1% Dow Jones Islamic3.9% S&P Shariah4.5% MSCI Islamic12.8% MSCI Islamic M-Series4.5% FTSE Shariah10.9% |
| HPE HEWLETT PACKARD ENTERPRISE COMPANY | NON_COMPLIANT | 3.37% | AAOIFI29.3% Usmani24.2% Dow Jones Islamic61.2% S&P Shariah69.5% MSCI Islamic24.2% MSCI Islamic M-Series69.5% FTSE Shariah24.2% |
| MRK MERCK & COMPANY INC | COMPLIANT | 3.33% | AAOIFI14.7% Usmani41.5% Dow Jones Islamic21.8% S&P Shariah20.9% MSCI Islamic41.5% MSCI Islamic M-Series20.9% FTSE Shariah41.5% |
| ENTG ENTEGRIS INC | COMPLIANT | 2.99% | AAOIFI16.5% Usmani42.3% Dow Jones Islamic22.1% S&P Shariah21.4% MSCI Islamic42.1% MSCI Islamic M-Series21.4% FTSE Shariah41.1% |
| KDP KEURIG DR PEPPER INC | NON_COMPLIANT | 2.96% | AAOIFI58.6% Usmani30.8% Dow Jones Islamic63.3% S&P Shariah63.1% MSCI Islamic29.6% MSCI Islamic M-Series63.1% FTSE Shariah28.3% |
| ETR ENTERGY CORP | NON_COMPLIANT | 2.92% | AAOIFI65.8% Usmani43.6% Dow Jones Islamic83.2% S&P Shariah99.2% MSCI Islamic43.5% MSCI Islamic M-Series99.2% FTSE Shariah43.1% |
| XEL XCEL ENERGY INC | NON_COMPLIANT | 2.84% | AAOIFI82.6% Usmani47.8% Dow Jones Islamic94.9% S&P Shariah105.9% MSCI Islamic46.3% MSCI Islamic M-Series105.9% FTSE Shariah45.3% |
| GEHC GE HEALTHCARE TECHNOLOGIES INC | NON_COMPLIANT | 2.77% | AAOIFI34.9% Usmani28.5% Dow Jones Islamic30.2% S&P Shariah30.1% MSCI Islamic28.4% MSCI Islamic M-Series30.1% FTSE Shariah27.3% |
| BRK.B BERKSHIRE HATHAWAY INC | NON_COMPLIANT | 2.75% | no in-house ratios for this holding |
| APTV APTIV PLC | NON_COMPLIANT | 2.74% | AAOIFI60.4% Usmani31.6% Dow Jones Islamic39.4% S&P Shariah34.0% MSCI Islamic31.6% MSCI Islamic M-Series34.0% FTSE Shariah29.8% |
| JCI JOHNSON CONTROLS INTERNATIONAL PLC | COMPLIANT | 2.71% | AAOIFI10.8% Usmani24.8% Dow Jones Islamic13.9% S&P Shariah16.1% MSCI Islamic24.8% MSCI Islamic M-Series16.1% FTSE Shariah24.8% |
| XOM EXXON MOBIL CORP | COMPLIANT | 2.68% | AAOIFI6.5% Usmani9.1% Dow Jones Islamic8.5% S&P Shariah9.0% MSCI Islamic9.1% MSCI Islamic M-Series9.0% FTSE Shariah9.1% |
| APD AIR PRODUCTS AND CHEMICALS INC | COMPLIANT | 2.36% | AAOIFI0.9% Usmani1.5% Dow Jones Islamic1.0% S&P Shariah1.0% MSCI Islamic1.5% MSCI Islamic M-Series1.0% FTSE Shariah0.3% |
| UNH UNITEDHEALTH GROUP INC | NON_COMPLIANT | 2.30% | AAOIFI20.4% Usmani23.7% Dow Jones Islamic20.4% S&P Shariah18.8% MSCI Islamic23.7% MSCI Islamic M-Series18.8% FTSE Shariah23.7% |
| MCHP MICROCHIP TECHNOLOGY INC | COMPLIANT | 2.29% | AAOIFI13.8% Usmani38.2% Dow Jones Islamic15.3% S&P Shariah14.3% MSCI Islamic38.2% MSCI Islamic M-Series14.3% FTSE Shariah37.2% |
| BNS.TO BANK OF NOVA SCOTIA (THE) | NON_COMPLIANT | 2.20% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| PNW PINNACLE WEST CAPITAL CORP | NON_COMPLIANT | 2.17% | AAOIFI132.7% Usmani48.2% Dow Jones Islamic147.1% S&P Shariah162.0% MSCI Islamic48.2% MSCI Islamic M-Series162.0% FTSE Shariah32.4% |
| FCX FREEPORT-MCMORAN INC | COMPLIANT | 2.09% | AAOIFI9.4% Usmani17.3% Dow Jones Islamic14.8% S&P Shariah15.6% MSCI Islamic17.3% MSCI Islamic M-Series15.6% FTSE Shariah15.7% |
| CVX CHEVRON CORP | COMPLIANT | 2.01% | AAOIFI0.1% Usmani0.1% Dow Jones Islamic0.1% S&P Shariah0.1% MSCI Islamic0.1% MSCI Islamic M-Series0.1% FTSE Shariah0.1% |
| AXP AMERICAN EXPRESS COMPANY | NON_COMPLIANT | 1.90% | AAOIFI26.8% Usmani19.2% Dow Jones Islamic27.4% S&P Shariah30.8% MSCI Islamic19.2% MSCI Islamic M-Series30.8% FTSE Shariah19.2% |
| WYNN WYNN RESORTS LTD | NON_COMPLIANT | 1.88% | AAOIFI118.1% Usmani93.8% Dow Jones Islamic116.9% S&P Shariah118.6% MSCI Islamic93.8% MSCI Islamic M-Series118.6% FTSE Shariah81.5% |
| UBER UBER TECHNOLOGIES INC | COMPLIANT | 1.80% | AAOIFI9.5% Usmani22.4% Dow Jones Islamic8.9% S&P Shariah9.6% MSCI Islamic22.4% MSCI Islamic M-Series9.6% FTSE Shariah19.3% |
| FTV FORTIVE CORP | COMPLIANT | 1.79% | AAOIFI20.9% Usmani31.0% Dow Jones Islamic17.1% S&P Shariah15.8% MSCI Islamic31.0% MSCI Islamic M-Series15.8% FTSE Shariah30.1% |
| ORCL ORACLE CORP | NON_COMPLIANT | 1.77% | AAOIFI34.1% Usmani64.0% Dow Jones Islamic30.7% S&P Shariah35.2% MSCI Islamic61.0% MSCI Islamic M-Series35.2% FTSE Shariah49.5% |
| PSA PUBLIC STORAGE | NON_COMPLIANT | 1.75% | AAOIFI18.1% Usmani50.6% Dow Jones Islamic19.9% S&P Shariah20.7% MSCI Islamic50.6% MSCI Islamic M-Series20.7% FTSE Shariah50.6% |
| AXALTA COATING SYSTEMS LTD | UNSCREENED | 1.69% | no in-house ratios for this holding |
| PCG PG&E CORP | NON_COMPLIANT | 1.69% | AAOIFI201.1% Usmani43.7% Dow Jones Islamic141.7% S&P Shariah142.1% MSCI Islamic43.7% MSCI Islamic M-Series142.1% FTSE Shariah43.3% |
| JBHT J.B. HUNT TRANSPORT SERVICES INC | COMPLIANT | 1.64% | AAOIFI4.4% Usmani14.4% Dow Jones Islamic6.3% S&P Shariah6.3% MSCI Islamic14.4% MSCI Islamic M-Series6.3% FTSE Shariah14.4% |
| WESTERN ALLIANCE BANCORP | UNSCREENED | 1.63% | no in-house ratios for this holding |
| VICI VICI PROPERTIES INC | NON_COMPLIANT | 1.58% | AAOIFI57.8% Usmani35.1% Dow Jones Islamic55.7% S&P Shariah58.1% MSCI Islamic35.1% MSCI Islamic M-Series58.1% FTSE Shariah35.1% |
| PGR PROGRESSIVE CORP (THE) | NON_COMPLIANT | 1.52% | AAOIFI6.5% Usmani6.7% Dow Jones Islamic6.3% S&P Shariah6.9% MSCI Islamic6.7% MSCI Islamic M-Series6.9% FTSE Shariah6.7% |
| MDT MEDTRONIC PLC | COMPLIANT | 1.48% | AAOIFI24.4% Usmani31.5% Dow Jones Islamic26.4% S&P Shariah27.4% MSCI Islamic31.4% MSCI Islamic M-Series27.4% FTSE Shariah30.2% |
| WFC WELLS FARGO & COMPANY | NON_COMPLIANT | 1.48% | AAOIFI80.2% Usmani9.1% Dow Jones Islamic84.8% S&P Shariah93.9% MSCI Islamic9.1% MSCI Islamic M-Series93.9% FTSE Shariah9.1% |
| SCHW CHARLES SCHWAB CORP (THE) | NON_COMPLIANT | 1.47% | AAOIFI14.6% Usmani5.3% Dow Jones Islamic18.7% S&P Shariah22.0% MSCI Islamic5.3% MSCI Islamic M-Series22.0% FTSE Shariah5.3% |
| TEL TE CONNECTIVITY PLC | COMPLIANT | 1.44% | AAOIFI9.5% Usmani21.6% Dow Jones Islamic10.3% S&P Shariah11.2% MSCI Islamic21.6% MSCI Islamic M-Series11.2% FTSE Shariah21.6% |
| PR PERMIAN RESOURCES CORP | COMPLIANT | 1.41% | AAOIFI16.0% Usmani17.0% Dow Jones Islamic25.3% S&P Shariah28.1% MSCI Islamic16.9% MSCI Islamic M-Series28.1% FTSE Shariah16.2% |
| HAL HALLIBURTON COMPANY | COMPLIANT | 1.38% | AAOIFI27.3% Usmani31.7% Dow Jones Islamic34.0% S&P Shariah31.2% MSCI Islamic31.7% MSCI Islamic M-Series31.2% FTSE Shariah27.7% |
| FIS FIDELITY NATIONAL INFORMATION SERVICES INC | NON_COMPLIANT | 1.25% | AAOIFI78.8% Usmani38.6% Dow Jones Islamic50.4% S&P Shariah49.4% MSCI Islamic38.6% MSCI Islamic M-Series49.4% FTSE Shariah38.4% |
| NXPI NXP SEMICONDUCTORS NV | COMPLIANT | 1.21% | AAOIFI22.1% Usmani46.1% Dow Jones Islamic22.1% S&P Shariah22.0% MSCI Islamic46.1% MSCI Islamic M-Series22.0% FTSE Shariah45.1% |
| UL UNILEVER PLC | COMPLIANT | 1.20% | AAOIFI27.6% Usmani41.0% Dow Jones Islamic23.6% S&P Shariah24.9% MSCI Islamic39.2% MSCI Islamic M-Series24.9% FTSE Shariah39.2% |
| LPLA LPL FINANCIAL HOLDINGS INC | NON_COMPLIANT | 1.15% | AAOIFI27.1% Usmani37.7% Dow Jones Islamic28.8% S&P Shariah32.0% MSCI Islamic37.7% MSCI Islamic M-Series32.0% FTSE Shariah37.7% |
| DREYFUS GOVERNMENT CASH MANAGEMENT FUNDS | UNSCREENED | 1.11% | no in-house ratios for this holding |
| SNY SANOFI SA | COMPLIANT | 1.08% | AAOIFI20.8% Usmani14.7% Dow Jones Islamic38.1% S&P Shariah38.6% MSCI Islamic14.7% MSCI Islamic M-Series38.6% FTSE Shariah14.7% |
| CACI INTERNATIONAL INC | UNSCREENED | 0.96% | no in-house ratios for this holding |
| ELV ELEVANCE HEALTH INC | NON_COMPLIANT | 0.95% | AAOIFI35.1% Usmani24.6% Dow Jones Islamic37.4% S&P Shariah33.5% MSCI Islamic24.6% MSCI Islamic M-Series33.5% FTSE Shariah24.6% |
| QCOM QUALCOMM INC | COMPLIANT | 0.90% | AAOIFI8.3% Usmani25.7% Dow Jones Islamic8.6% S&P Shariah8.7% MSCI Islamic25.7% MSCI Islamic M-Series8.7% FTSE Shariah25.7% |
| COF CAPITAL ONE FINANCIAL CORP | NON_COMPLIANT | 0.86% | AAOIFI38.5% Usmani7.6% Dow Jones Islamic49.3% S&P Shariah60.5% MSCI Islamic7.6% MSCI Islamic M-Series60.5% FTSE Shariah7.6% |
| EG EVEREST GROUP LTD | NON_COMPLIANT | 0.86% | AAOIFI0.0% Usmani0.0% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.0% MSCI Islamic M-Series0.0% FTSE Shariah0.0% |
| LEN LENNAR CORP | NON_COMPLIANT | 0.71% | AAOIFI29.9% Usmani17.4% Dow Jones Islamic21.5% S&P Shariah19.9% MSCI Islamic17.4% MSCI Islamic M-Series19.9% FTSE Shariah17.4% |
| SHORT-TERM INVESTMENTS TRUST | UNSCREENED | 0.68% | no in-house ratios for this holding |
The published standards disagree about this fund by 8 points of portfolio weight — 46.6% of it passes AAOIFI, 38.1% 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 46.6% ratios fail on 42.9% 11.2% not rated under AAOIFI
ratios pass on 41.0% ratios fail on 39.7% 19.9% not rated under Usmani
ratios pass on 43.7% ratios fail on 42.8% 14.2% not rated under Dow Jones Islamic
ratios pass on 43.3% ratios fail on 44.6% 12.8% not rated under S&P Shariah
ratios pass on 38.1% ratios fail on 39.7% 22.8% not rated under MSCI Islamic
ratios pass on 43.3% ratios fail on 44.6% 12.8% not rated under MSCI Islamic M-Series
ratios pass on 43.8% ratios fail on 37.5% 19.3% not rated under FTSE Shariah
46 of 52 listed holdings carry our own per-methodology verdicts (92% of weight). The rest hold a provider verdict with no methodology breakdown, and are counted as rated by none. Of those, 45 (90% of weight) also carry the underlying debt ratio; the rest show a verdict without the figure behind it.
| Non-compliant holding | Weight |
|---|---|
| CCL CARNIVAL CORP LTD | 3.85% |
| BAC BANK OF AMERICA CORP | 3.58% |
| HPE HEWLETT PACKARD ENTERPRISE COMPANY | 3.37% |
| KDP KEURIG DR PEPPER INC | 2.96% |
| ETR ENTERGY CORP | 2.92% |
| XEL XCEL ENERGY INC | 2.84% |
| GEHC GE HEALTHCARE TECHNOLOGIES INC | 2.77% |
| BRK.B BERKSHIRE HATHAWAY INC | 2.75% |
| APTV APTIV PLC | 2.74% |
| UNH UNITEDHEALTH GROUP INC | 2.30% |
Trade setup
Whether the technical picture shows an edge right now. Separate from the Sharia verdict, which this side never overrides.
Touchstone Strategic Trust-Touchstone Value Fund (TVLAX) 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.
Screened on its holdings, not its name
HTR reads the fund's filed holdings and screens each one, then reports the result by weight. A holding it cannot cover far enough is reported as unrated rather than counted as a pass.
| Holding | Weight | Verdict |
|---|---|---|
| CCLCARNIVAL CORP LTD | 3.85% | Non-compliant |
| BACBANK OF AMERICA CORP | 3.58% | Non-compliant |
| GOOGALPHABET INC | 3.46% | Questionable |
| HPEHEWLETT PACKARD ENTERPRISE COMPANY | 3.37% | Non-compliant |
| MRKMERCK & COMPANY INC | 3.33% | Compliant |
| ENTGENTEGRIS INC | 2.99% | Compliant |
| KDPKEURIG DR PEPPER INC | 2.96% | Non-compliant |
| ETRENTERGY CORP | 2.92% | Non-compliant |
| XELXCEL ENERGY INC | 2.84% | Non-compliant |
| GEHCGE HEALTHCARE TECHNOLOGIES INC | 2.77% | Non-compliant |
Top 10 of 52 holdings, 32.1% of the fund by weight. Every holding is screened, not only these.
What holds the number back
The positions keeping this fund short of 100% compliant by weight.
- CCLnon-compliant3.85%
- BACnon-compliant3.58%
- GOOGquestionable3.46%
- HPEnon-compliant3.37%
- KDPnon-compliant2.96%
- ETRnon-compliant2.92%
What changed, and when
Verdict history for TVLAX. A verdict that never moved is recorded too, so a quiet history reads as measured rather than missing.
- 2026-09-07 No change recorded No verdict change for TVLAX has been recorded since tracking began. The scan ledger records that the compliance detectors ran, not which symbols each pass covered.
ℹ️ no compliance scan has run for 3 days - this is not a reading of today
Pinch or scroll to zoom · drag to pan — both axes move · double-click to reset
This fund prices once a day, so its bars carry no intraday high or low — floor-trader pivots are not defined for it.
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) | 55.60 | NEUTRAL |
| Stochastic %K (14) | 84.00 | SELL |
| CCI (20) | 98.55 | NEUTRAL |
| Williams %R (14) | -16.00 | SELL |
| MACD (12,26,9) | 0.02 | BUY |
| ROC (10) | 1.37 | BUY |
| Momentum (10) | 0.17 | BUY |
| EMA (10) | 12.52 | BUY |
| SMA (10) | 12.54 | BUY |
| EMA (20) | 12.50 | BUY |
| SMA (20) | 12.43 | BUY |
| EMA (30) | 12.50 | BUY |
| SMA (30) | 12.42 | BUY |
| EMA (50) | 12.53 | BUY |
| SMA (50) | 12.60 | BUY |
| EMA (100) | 12.48 | BUY |
| SMA (100) | 12.62 | SELL |
| EMA (200) | 12.19 | BUY |
| SMA (200) | 12.25 | BUY |
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.
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.
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.