UPGRETF / FundXtrackers US Green Infrastructure Select Equity ETF
Verdicts genuinely change. Free email alert the moment UPGR'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.
Xtrackers US Green Infrastructure Select Equity ETF ETF · DBX ETF Trust
47 holdings · as of 2026-05-29 (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 108% of net assets rather than 100%. Shares of the portfolio are shown as shares of that gross exposure.
NON-COMPLIANT 38.80% of portfolio weight is in non-compliant holdings, over the 5% threshold.
47 holdings, 41 matched (86% of weight). Portfolio as of 2026-05-29, filed 2026-07-29. Source: SEC Form N-PORT.
6.46% of this portfolio’s income is non-permissible — weighted across holdings, computed over 80% of portfolio weight (38 of 47 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.
50.3% compliant 0.0% questionable 36.0% non-compliant 13.7% unscreened
All holdings (47)
| Holding | Status | Weight | Every methodology, and the debt ratio behind it |
|---|---|---|---|
| DWS GOVERNMENT AND AGENCY SECURITIES PORTFOLIO DWS GOVERNMENT CASH INSTITUTIONAL SHARES | UNSCREENED | 7.75% | no in-house ratios for this holding |
| FCEL FUELCELL ENERGY INC | NON_COMPLIANT | 6.23% | AAOIFI11.7% Usmani12.7% Dow Jones Islamic39.7% S&P Shariah38.1% MSCI Islamic12.7% MSCI Islamic M-Series38.1% FTSE Shariah11.7% |
| PCT PURECYCLE TECHNOLOGIES INC | NON_COMPLIANT | 4.29% | AAOIFI6.3% Usmani8.1% Dow Jones Islamic4.6% S&P Shariah5.6% MSCI Islamic8.1% MSCI Islamic M-Series5.6% FTSE Shariah1.3% |
| SHLS SHOALS TECHNOLOGIES GROUP INC | COMPLIANT | 3.37% | AAOIFI13.1% Usmani16.1% Dow Jones Islamic14.4% S&P Shariah11.6% MSCI Islamic16.1% MSCI Islamic M-Series11.6% FTSE Shariah12.5% |
| BE BLOOM ENERGY CORP | COMPLIANT | 3.35% | AAOIFI— Usmani— Dow Jones Islamic— S&P Shariah— MSCI Islamic— MSCI Islamic M-Series— FTSE Shariah— |
| FSLR FIRST SOLAR INC | COMPLIANT | 2.93% | AAOIFI0.9% Usmani1.4% Dow Jones Islamic0.7% S&P Shariah0.7% MSCI Islamic1.2% MSCI Islamic M-Series0.7% FTSE Shariah0.3% |
| NRGV ENERGY VAULT HOLDINGS INC | COMPLIANT | 2.88% | AAOIFI34.2% Usmani51.3% Dow Jones Islamic40.8% S&P Shariah49.4% MSCI Islamic51.3% MSCI Islamic M-Series49.4% FTSE Shariah50.8% |
| QUANTUMSCAPE CORP | UNSCREENED | 2.74% | no in-house ratios for this holding |
| PLUG PLUG POWER INC | COMPLIANT | 2.72% | AAOIFI25.2% Usmani37.6% Dow Jones Islamic31.7% S&P Shariah31.3% MSCI Islamic36.3% MSCI Islamic M-Series31.3% FTSE Shariah26.5% |
| EOSE EOS ENERGY ENTERPRISES INC | NON_COMPLIANT | 2.67% | AAOIFI45.4% Usmani70.7% Dow Jones Islamic33.5% S&P Shariah47.2% MSCI Islamic70.7% MSCI Islamic M-Series47.2% FTSE Shariah68.1% |
| FLNC FLUENCE ENERGY INC | COMPLIANT | 2.62% | AAOIFI21.6% Usmani15.8% Dow Jones Islamic15.5% S&P Shariah13.9% MSCI Islamic15.8% MSCI Islamic M-Series13.9% FTSE Shariah15.0% |
| NXT NEXTPOWER INC | COMPLIANT | 2.60% | AAOIFI0.3% Usmani0.9% Dow Jones Islamic0.4% S&P Shariah0.5% MSCI Islamic0.9% MSCI Islamic M-Series0.5% FTSE Shariah0.0% |
| TSLA TESLA INC | COMPLIANT | 2.38% | AAOIFI1.1% Usmani10.8% Dow Jones Islamic1.3% S&P Shariah1.5% MSCI Islamic10.6% MSCI Islamic M-Series1.5% FTSE Shariah6.1% |
| ARRAY TECHNOLOGIES INC | UNSCREENED | 2.37% | no in-house ratios for this holding |
| RUN SUNRUN INC | NON_COMPLIANT | 2.36% | AAOIFI705.9% Usmani65.2% Dow Jones Islamic502.4% S&P Shariah503.0% MSCI Islamic65.0% MSCI Islamic M-Series503.0% FTSE Shariah64.9% |
| WS WORTHINGTON STEEL INC | NON_COMPLIANT | 2.31% | AAOIFI19.7% Usmani15.7% Dow Jones Islamic20.5% S&P Shariah21.1% MSCI Islamic15.4% MSCI Islamic M-Series21.1% FTSE Shariah11.4% |
| XIFR XPLR INFRASTRUCTURE LP | NON_COMPLIANT | 2.30% | AAOIFI570.1% Usmani32.4% Dow Jones Islamic553.1% S&P Shariah399.7% MSCI Islamic32.4% MSCI Islamic M-Series399.7% FTSE Shariah32.4% |
| ORA ORMAT TECHNOLOGIES INC | NON_COMPLIANT | 2.27% | AAOIFI22.0% Usmani17.9% Dow Jones Islamic20.9% S&P Shariah23.0% MSCI Islamic17.8% MSCI Islamic M-Series23.0% FTSE Shariah17.2% |
| ENS ENERSYS | COMPLIANT | 2.27% | AAOIFI17.1% Usmani28.3% Dow Jones Islamic22.3% S&P Shariah24.2% MSCI Islamic28.2% MSCI Islamic M-Series24.2% FTSE Shariah26.3% |
| RS RELIANCE INC | COMPLIANT | 2.23% | AAOIFI9.9% Usmani18.8% Dow Jones Islamic12.5% S&P Shariah12.6% MSCI Islamic18.8% MSCI Islamic M-Series12.6% FTSE Shariah15.7% |
| RYZ RYERSON HOLDING CORP | NON_COMPLIANT | 2.21% | AAOIFI97.3% Usmani34.6% Dow Jones Islamic151.0% S&P Shariah150.8% MSCI Islamic34.6% MSCI Islamic M-Series150.8% FTSE Shariah24.9% |
| MOD MODINE MANUFACTURING COMPANY | COMPLIANT | 2.18% | AAOIFI6.1% Usmani22.5% Dow Jones Islamic7.8% S&P Shariah9.3% MSCI Islamic22.4% MSCI Islamic M-Series9.3% FTSE Shariah17.3% |
| SLDP SOLID POWER INC | NON_COMPLIANT | 2.11% | AAOIFI1.3% Usmani1.4% Dow Jones Islamic1.4% S&P Shariah1.6% MSCI Islamic1.4% MSCI Islamic M-Series1.6% FTSE Shariah0.0% |
| RIVN RIVIAN AUTOMOTIVE INC | NON_COMPLIANT | 2.02% | AAOIFI22.4% Usmani35.4% Dow Jones Islamic25.5% S&P Shariah24.9% MSCI Islamic34.7% MSCI Islamic M-Series24.9% FTSE Shariah29.4% |
| IEX IDEX CORP | COMPLIANT | 1.99% | AAOIFI11.3% Usmani27.2% Dow Jones Islamic13.0% S&P Shariah12.7% MSCI Islamic27.2% MSCI Islamic M-Series12.7% FTSE Shariah26.8% |
| CARR CARRIER GLOBAL CORP | COMPLIANT | 1.96% | AAOIFI24.6% Usmani32.2% Dow Jones Islamic21.6% S&P Shariah22.4% MSCI Islamic32.2% MSCI Islamic M-Series22.4% FTSE Shariah30.7% |
| GPRE GREEN PLAINS INC | NON_COMPLIANT | 1.94% | AAOIFI48.2% Usmani31.5% Dow Jones Islamic71.1% S&P Shariah55.2% MSCI Islamic31.5% MSCI Islamic M-Series55.2% FTSE Shariah27.6% |
| LII LENNOX INTERNATIONAL INC | COMPLIANT | 1.93% | AAOIFI12.0% Usmani38.7% Dow Jones Islamic8.3% S&P Shariah8.8% MSCI Islamic37.1% MSCI Islamic M-Series8.8% FTSE Shariah27.1% |
| AZZ AZZ INC | COMPLIANT | 1.88% | AAOIFI12.6% Usmani24.1% Dow Jones Islamic16.2% S&P Shariah19.3% MSCI Islamic23.4% MSCI Islamic M-Series19.3% FTSE Shariah21.3% |
| MVST MICROVAST HOLDINGS INC | NON_COMPLIANT | 1.86% | AAOIFI50.5% Usmani14.3% Dow Jones Islamic19.2% S&P Shariah24.0% MSCI Islamic14.3% MSCI Islamic M-Series24.0% FTSE Shariah12.5% |
| GEVO GEVO INC | NON_COMPLIANT | 1.84% | AAOIFI41.9% Usmani34.8% Dow Jones Islamic40.7% S&P Shariah48.7% MSCI Islamic34.6% MSCI Islamic M-Series48.7% FTSE Shariah34.1% |
| CWST CASELLA WASTE SYSTEMS INC | COMPLIANT | 1.79% | AAOIFI24.3% Usmani40.6% Dow Jones Islamic22.7% S&P Shariah23.4% MSCI Islamic40.6% MSCI Islamic M-Series23.4% FTSE Shariah38.0% |
| BROOKFIELD RENEWABLE CORP | UNSCREENED | 1.78% | no in-house ratios for this holding |
| ECL ECOLAB INC | COMPLIANT | 1.77% | AAOIFI17.0% Usmani44.6% Dow Jones Islamic18.1% S&P Shariah19.4% MSCI Islamic44.6% MSCI Islamic M-Series19.4% FTSE Shariah44.0% |
| CLH CLEAN HARBORS INC | COMPLIANT | 1.75% | AAOIFI— Usmani— Dow Jones Islamic— S&P Shariah— MSCI Islamic— MSCI Islamic M-Series— FTSE Shariah— |
| RSG REPUBLIC SERVICES INC | COMPLIANT | 1.74% | AAOIFI21.1% Usmani40.7% Dow Jones Islamic21.0% S&P Shariah22.6% MSCI Islamic40.7% MSCI Islamic M-Series22.6% FTSE Shariah40.0% |
| VLTO VERALTO CORP | COMPLIANT | 1.73% | AAOIFI12.4% Usmani37.5% Dow Jones Islamic11.8% S&P Shariah12.2% MSCI Islamic37.5% MSCI Islamic M-Series12.2% FTSE Shariah34.8% |
| WM WASTE MANAGEMENT INC | COMPLIANT | 1.71% | AAOIFI25.8% Usmani50.3% Dow Jones Islamic26.5% S&P Shariah27.9% MSCI Islamic50.3% MSCI Islamic M-Series27.9% FTSE Shariah50.3% |
| ITRI ITRON INC | NON_COMPLIANT | 1.63% | AAOIFI38.7% Usmani41.0% Dow Jones Islamic34.3% S&P Shariah36.7% MSCI Islamic41.0% MSCI Islamic M-Series36.7% FTSE Shariah40.3% |
| PH PARKER-HANNIFIN CORP | COMPLIANT | 1.61% | AAOIFI7.0% Usmani27.5% Dow Jones Islamic8.5% S&P Shariah9.7% MSCI Islamic27.2% MSCI Islamic M-Series9.7% FTSE Shariah26.5% |
| GGG GRACO INC | COMPLIANT | 1.60% | AAOIFI0.2% Usmani0.8% Dow Jones Islamic0.2% S&P Shariah0.2% MSCI Islamic0.8% MSCI Islamic M-Series0.2% FTSE Shariah0.1% |
| XYL XYLEM INC | COMPLIANT | 1.60% | AAOIFI12.0% Usmani17.6% Dow Jones Islamic10.0% S&P Shariah10.3% MSCI Islamic17.6% MSCI Islamic M-Series10.3% FTSE Shariah16.9% |
| IR INGERSOLL RAND INC | COMPLIANT | 1.55% | AAOIFI14.2% Usmani22.7% Dow Jones Islamic12.3% S&P Shariah12.3% MSCI Islamic22.7% MSCI Islamic M-Series12.3% FTSE Shariah22.4% |
| LCID LUCID GROUP INC | NON_COMPLIANT | 1.41% | AAOIFI192.4% Usmani47.5% Dow Jones Islamic64.1% S&P Shariah54.9% MSCI Islamic46.1% MSCI Islamic M-Series54.9% FTSE Shariah42.3% |
| ONT ONTERRIS INC | NON_COMPLIANT | 1.34% | AAOIFI63.9% Usmani43.3% Dow Jones Islamic50.6% S&P Shariah44.0% MSCI Islamic40.2% MSCI Islamic M-Series44.0% FTSE Shariah36.1% |
| GLOBAL X FUNDS | UNSCREENED | 0.12% | no in-house ratios for this holding |
| DWS GOVERNMENT MONEY MARKET SERIES INSTITUTIONAL SHARES | UNSCREENED | 0.02% | no in-house ratios for this holding |
The published standards disagree about this fund by 13 points of portfolio weight — 49.1% of it passes AAOIFI, 36.3% 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 49.1% ratios fail on 34.2% 24.4% not rated under AAOIFI
ratios pass on 38.9% ratios fail on 41.5% 27.3% not rated under Usmani
ratios pass on 48.1% ratios fail on 32.4% 27.3% not rated under Dow Jones Islamic
ratios pass on 48.1% ratios fail on 32.4% 27.3% not rated under S&P Shariah
ratios pass on 36.3% ratios fail on 44.1% 27.3% not rated under MSCI Islamic
ratios pass on 48.1% ratios fail on 32.4% 27.3% not rated under MSCI Islamic M-Series
ratios pass on 45.8% ratios fail on 34.6% 27.3% not rated under FTSE Shariah
41 of 47 listed holdings carry our own per-methodology verdicts (93% of weight). The rest hold a provider verdict with no methodology breakdown, and are counted as rated by none. Of those, 39 (88% of weight) also carry the underlying debt ratio; the rest show a verdict without the figure behind it.
| Non-compliant holding | Weight |
|---|---|
| FCEL FUELCELL ENERGY INC | 6.23% |
| PCT PURECYCLE TECHNOLOGIES INC | 4.29% |
| EOSE EOS ENERGY ENTERPRISES INC | 2.67% |
| RUN SUNRUN INC | 2.36% |
| WS WORTHINGTON STEEL INC | 2.31% |
| XIFR XPLR INFRASTRUCTURE LP | 2.30% |
| ORA ORMAT TECHNOLOGIES INC | 2.27% |
| RYZ RYERSON HOLDING CORP | 2.21% |
| SLDP SOLID POWER INC | 2.11% |
| RIVN RIVIAN AUTOMOTIVE INC | 2.02% |
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.
Xtrackers US Green Infrastructure Select Equity ETF (UPGR) 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 UPGR — 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
Not enough completed daily bars to compute pivots.
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) | 33.40 | NEUTRAL |
| Stochastic %K (14) | 0.00 | BUY |
| CCI (20) | -120.89 | BUY |
| Williams %R (14) | -100.00 | BUY |
| MACD (12,26,9) | -0.04 | SELL |
| ROC (10) | -5.88 | SELL |
| Momentum (10) | -1.27 | SELL |
| EMA (10) | 20.77 | SELL |
| SMA (10) | 20.74 | SELL |
| EMA (20) | 21.17 | SELL |
| SMA (20) | 21.23 | SELL |
| EMA (30) | 21.52 | SELL |
| SMA (30) | 21.56 | SELL |
| EMA (50) | 22.14 | SELL |
| SMA (50) | 22.20 | SELL |
| EMA (100) | 23.16 | SELL |
| SMA (100) | 23.85 | SELL |
| EMA (200) | 23.85 | SELL |
| SMA (200) | 24.53 | SELL |
About Xtrackers US Green Infrastructure Select Equity ETF
The fund, using a “passive” or indexing investment approach, seeks investment results that correspond generally to the performance, before fees and expenses, of the underlying index, which is comprised of companies that have business exposure in the production, generation, or distribution of green energy or are engaged in the establishment of a sustainable infrastructure to enable the use of renewable energy and that fulfill certain sustainability criteria.
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 | BEARISH | 41 |
| ⏲ 5-Min | BEARISH | 21 |
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.