URANETF / FundThemes Uranium & Nuclear ETF
Verdicts genuinely change. Free email alert the moment URAN'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.
Themes Uranium & Nuclear ETF · Themes ETF Trust
42 holdings · as of 2026-06-30 (3.8 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 At least 37.64% of portfolio weight is in non-compliant holdings — already over the 5% threshold, so the verdict is settled whatever the unmatched 35% turns out to be. Matching more holdings can only raise this share, never lower it.
42 holdings, 25 matched (64% of weight). Portfolio as of 2026-06-30, filed 2026-08-24. Source: SEC Form N-PORT.
4.00% of this portfolio’s income is non-permissible — weighted across holdings, computed over 51% of portfolio weight (20 of 42 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.
Portfolio shares are withheld: coverage is below the floor needed to state one. The holdings themselves are below, because the names are evidence you can check.
All holdings (42)
| Holding | Status | Weight | Every methodology, and the debt ratio behind it |
|---|---|---|---|
| CEG Constellation Energy Corp | COMPLIANT | 9.64% | AAOIFI18.4% Usmani19.8% Dow Jones Islamic20.8% S&P Shariah24.7% MSCI Islamic19.8% MSCI Islamic M-Series24.7% FTSE Shariah19.8% |
| AEP American Electric Power Co Inc | NON_COMPLIANT | 4.10% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| DUK Duke Energy Corp | NON_COMPLIANT | 3.94% | AAOIFI95.1% Usmani45.3% Dow Jones Islamic98.9% S&P Shariah107.5% MSCI Islamic45.0% MSCI Islamic M-Series107.5% FTSE Shariah44.4% |
| Public Service Enterprise Grou | UNSCREENED | 3.72% | no in-house ratios for this holding |
| Oklo Inc | UNSCREENED | 3.36% | no in-house ratios for this holding |
| NexGen Energy Ltd | UNSCREENED | 3.15% | no in-house ratios for this holding |
| CNNP | UNSCREENED | 3.12% | no in-house ratios for this holding |
| CCJ Cameco Corp | COMPLIANT | 3.11% | AAOIFI— Usmani— Dow Jones Islamic— S&P Shariah— MSCI Islamic— MSCI Islamic M-Series— FTSE Shariah— |
| Denison Mines Corp | UNSCREENED | 3.09% | no in-house ratios for this holding |
| SMR NuScale Power Corp | NON_COMPLIANT | 3.00% | AAOIFI0.3% Usmani0.3% Dow Jones Islamic0.1% S&P Shariah0.1% MSCI Islamic0.3% MSCI Islamic M-Series0.1% FTSE Shariah0.0% |
| Uranium Energy Corp | UNSCREENED | 2.88% | no in-house ratios for this holding |
| YCA.L Yellow Cake PLC | COMPLIANT | 2.81% | AAOIFIpass Usmanipass Dow Jones Islamic— S&P Shariah— MSCI Islamicpass MSCI Islamic M-Series— FTSE Shariahpass |
| 003816.SZ CGN Power Co Ltd | NON_COMPLIANT | 2.71% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| PCG PG&E Corp | NON_COMPLIANT | 2.70% | AAOIFI201.1% Usmani43.7% Dow Jones Islamic141.7% S&P Shariah142.1% MSCI Islamic43.7% MSCI Islamic M-Series142.1% FTSE Shariah43.3% |
| IsoEnergy Ltd | UNSCREENED | 2.70% | no in-house ratios for this holding |
| LTBR Lightbridge Corp | NON_COMPLIANT | 2.67% | AAOIFI0.0% Usmani0.0% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.0% MSCI Islamic M-Series0.0% FTSE Shariah0.0% |
| PDN.AX Paladin Energy Ltd | COMPLIANT | 2.59% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| Deep Yellow Ltd | UNSCREENED | 2.52% | no in-house ratios for this holding |
| URE.TO Ur-Energy Inc | NON_COMPLIANT | 2.37% | AAOIFI11.2% Usmani25.7% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic25.0% MSCI Islamic M-Seriesfail FTSE Shariah25.0% |
| Energy Fuels Inc/Canada | UNSCREENED | 2.34% | no in-house ratios for this holding |
| Bannerman Energy Ltd | UNSCREENED | 2.34% | no in-house ratios for this holding |
| 1164.HK CGN Mining Co Ltd | COMPLIANT | 2.34% | AAOIFIpass Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahfail |
| BOE.AX Boss Energy Ltd | NON_COMPLIANT | 2.24% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| MIR Mirion Technologies Inc | COMPLIANT | 2.24% | AAOIFI11.3% Usmani13.5% Dow Jones Islamic10.2% S&P Shariah12.1% MSCI Islamic13.5% MSCI Islamic M-Series12.1% FTSE Shariah12.6% |
| LEU Centrus Energy Corp | NON_COMPLIANT | 2.15% | AAOIFI33.9% Usmani46.5% Dow Jones Islamic50.7% S&P Shariah66.8% MSCI Islamic46.5% MSCI Islamic M-Series66.8% FTSE Shariah46.5% |
| NNE NANO Nuclear Energy Inc | NON_COMPLIANT | 1.96% | AAOIFI0.3% Usmani0.5% Dow Jones Islamic0.2% S&P Shariah— MSCI Islamic0.5% MSCI Islamic M-Series— FTSE Shariah0.0% |
| EU.V Encore Energy Corp | NON_COMPLIANT | 1.96% | AAOIFIfail Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| BWX Technologies Inc | UNSCREENED | 1.94% | no in-house ratios for this holding |
| TLN Talen Energy Corp | NON_COMPLIANT | 1.89% | AAOIFI61.3% Usmani63.5% Dow Jones Islamic68.1% S&P Shariah74.8% MSCI Islamic63.5% MSCI Islamic M-Series74.8% FTSE Shariah63.5% |
| ELE.MC Endesa SA | COMPLIANT | 1.41% | AAOIFI26.3% Usmani31.2% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic29.1% MSCI Islamic M-Seriesfail FTSE Shariah29.1% |
| SLX.AX Silex Systems Ltd | NON_COMPLIANT | 1.40% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| UROY Uranium Royalty Corp | NON_COMPLIANT | 1.35% | AAOIFI138.0% Usmani28.9% Dow Jones Islamic46.8% S&P Shariah49.4% MSCI Islamic28.9% MSCI Islamic M-Series49.4% FTSE Shariah28.9% |
| LOT.AX Lotus Resources Ltd | NON_COMPLIANT | 1.16% | AAOIFI0.3% Usmani0.3% Dow Jones Islamic— S&P Shariah— MSCI Islamic0.2% MSCI Islamic M-Series— FTSE Shariah0.2% |
| 9508.T Kyushu Electric Power Co Inc | NON_COMPLIANT | 1.05% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| KAP.L NAC Kazatomprom JSC | COMPLIANT | 1.02% | AAOIFI6.5% Usmani5.5% Dow Jones Islamic— S&P Shariah— MSCI Islamic5.5% MSCI Islamic M-Series— FTSE Shariah5.5% |
| TXNM TXNM Energy Inc | NON_COMPLIANT | 1.00% | AAOIFI85.5% Usmani45.0% Dow Jones Islamic101.3% S&P Shariah117.1% MSCI Islamic45.0% MSCI Islamic M-Series117.1% FTSE Shariah44.6% |
| RFNE | UNSCREENED | 0.88% | no in-house ratios for this holding |
| Chengdu Guoguang Electric Co L | UNSCREENED | 0.82% | no in-house ratios for this holding |
| Atha Energy Corp | UNSCREENED | 0.67% | no in-house ratios for this holding |
| Alligator Energy Ltd | UNSCREENED | 0.66% | no in-house ratios for this holding |
| Mega Uranium Ltd | UNSCREENED | 0.44% | no in-house ratios for this holding |
| Laramide Resources Ltd | UNSCREENED | 0.15% | no in-house ratios for this holding |
The published standards disagree about this fund by 1 points of portfolio weight — 23.0% of it passes Usmani, 21.7% passes Dow Jones 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 22.0% ratios fail on 37.6% 37.9% not rated under AAOIFI
ratios pass on 23.0% ratios fail on 35.5% 39.0% not rated under Usmani
ratios pass on 21.7% ratios fail on 32.9% 42.9% not rated under Dow Jones Islamic
ratios pass on 21.7% ratios fail on 31.0% 44.8% not rated under S&P Shariah
ratios pass on 23.0% ratios fail on 35.5% 39.0% not rated under MSCI Islamic
ratios pass on 21.7% ratios fail on 31.0% 44.8% not rated under MSCI Islamic M-Series
ratios pass on 23.0% ratios fail on 35.5% 39.0% not rated under FTSE Shariah
25 of 42 listed holdings carry our own per-methodology verdicts (63% of weight). The rest hold a provider verdict with no methodology breakdown, and are counted as rated by none. Of those, 15 (38% of weight) also carry the underlying debt ratio; the rest show a verdict without the figure behind it.
| Non-compliant holding | Weight |
|---|---|
| AEP American Electric Power Co Inc | 4.10% |
| DUK Duke Energy Corp | 3.94% |
| SMR NuScale Power Corp | 3.00% |
| 003816.SZ CGN Power Co Ltd | 2.71% |
| PCG PG&E Corp | 2.70% |
| LTBR Lightbridge Corp | 2.67% |
| URE.TO Ur-Energy Inc | 2.37% |
| BOE.AX Boss Energy Ltd | 2.24% |
| LEU Centrus Energy Corp | 2.15% |
| NNE NANO Nuclear Energy Inc | 1.96% |
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.
Themes Uranium & Nuclear ETF (URAN) 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 URAN — 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) | 29.10 | BUY |
| Stochastic %K (14) | 2.05 | BUY |
| CCI (20) | -137.95 | BUY |
| Williams %R (14) | -97.95 | BUY |
| MACD (12,26,9) | -0.18 | SELL |
| ROC (10) | -9.89 | SELL |
| Momentum (10) | -3.42 | SELL |
| EMA (10) | 32.67 | SELL |
| SMA (10) | 32.74 | SELL |
| EMA (20) | 33.81 | SELL |
| SMA (20) | 33.95 | SELL |
| EMA (30) | 34.66 | SELL |
| SMA (30) | 34.84 | SELL |
| EMA (50) | 35.84 | SELL |
| SMA (50) | 36.83 | SELL |
| EMA (100) | 37.82 | SELL |
| SMA (100) | 37.74 | SELL |
| EMA (200) | 40.88 | SELL |
| SMA (200) | 42.08 | SELL |
About Themes Uranium & Nuclear ETF
The index is composed of companies that derive significant revenues from the uranium and nuclear industries. The fund will invest, under normal circumstances, at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in securities that comprise the index and American Depositary Receipts (“ADRs”) and Global Depositary Receipts (“GDRs”) based on the securities in the index. The fund is non-diversified.
Background via Yahoo Finance — informational, not part of the 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 | BEARISH | 43 |
| ⏱ 15-Min | BEARISH | 59 |
| ⏲ 5-Min | RANGING | 179 |
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 2026-10-13 · Asset managers net 915835 (+9220)
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.