USAFETF / FundAtlas America Fund
Verdicts genuinely change. Free email alert the moment USAF'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.
Atlas America Fund ETF · 2023 ETF Series Trust
72 holdings · as of 2026-06-30 (3.9 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.
NON-COMPLIANT At least 9.06% of portfolio weight is in non-compliant holdings — already over the 5% threshold, so the verdict is settled whatever the unmatched 86% turns out to be. Matching more holdings can only raise this share, never lower it.
72 holdings, 31 matched (12% of weight). Portfolio as of 2026-06-30, filed 2026-08-21. Source: SEC Form N-PORT.
1.95% of this portfolio’s income is non-permissible — weighted across holdings, computed over 10% of portfolio weight (27 of 72 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 (72)
| Holding | Status | Weight | Every methodology, and the debt ratio behind it |
|---|---|---|---|
| INVESCO ACTIVELY MANAGED EXCHANGE-TRADED FUND TRUST | UNSCREENED | 9.19% | no in-house ratios for this holding |
| ISHARES TRUST | UNSCREENED | 8.07% | no in-house ratios for this holding |
| VANGUARD SCOTTSDALE FUNDS | UNSCREENED | 7.70% | no in-house ratios for this holding |
| ISHARES GOLD TRUST MICRO | UNSCREENED | 7.58% | no in-house ratios for this holding |
| SCHWAB STRATEGIC TRUST | UNSCREENED | 6.67% | no in-house ratios for this holding |
| ISHARES TRUST | UNSCREENED | 6.66% | no in-house ratios for this holding |
| SPDR SERIES TRUST | UNSCREENED | 6.66% | no in-house ratios for this holding |
| WORLD GOLD TRUST | UNSCREENED | 6.39% | no in-house ratios for this holding |
| VANGUARD MALVERN FUNDS | UNSCREENED | 5.49% | no in-house ratios for this holding |
| DREYFUS GOVERNMENT CASH MANAGEMENT FUNDS | UNSCREENED | 3.73% | no in-house ratios for this holding |
| Simplify Exchange Traded Funds | UNSCREENED | 3.22% | no in-house ratios for this holding |
| ProShares UltraShort 20+ Year Treasury | UNSCREENED | 2.92% | no in-house ratios for this holding |
| GLOBAL X FUNDS | UNSCREENED | 2.55% | no in-house ratios for this holding |
| GLOBAL X FUNDS | UNSCREENED | 2.24% | no in-house ratios for this holding |
| ISHARES TRUST | UNSCREENED | 1.67% | no in-house ratios for this holding |
| SPDR SERIES TRUST | UNSCREENED | 1.41% | no in-house ratios for this holding |
| O REALTY INCOME CORP | NON_COMPLIANT | 1.40% | AAOIFI3.9% Usmani2.6% Dow Jones Islamic4.0% S&P Shariah4.3% MSCI Islamic2.6% MSCI Islamic M-Series4.3% FTSE Shariah2.6% |
| EQIX EQUINIX INC | COMPLIANT | 1.39% | AAOIFI20.7% Usmani57.3% Dow Jones Islamic24.8% S&P Shariah26.3% MSCI Islamic51.7% MSCI Islamic M-Series26.3% FTSE Shariah48.4% |
| DLR DIGITAL REALTY TRUST INC | COMPLIANT | 1.33% | AAOIFI0.0% Usmani0.0% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.0% MSCI Islamic M-Series0.0% FTSE Shariah0.0% |
| AMT AMERICAN TOWER CORP | NON_COMPLIANT | 1.29% | AAOIFI52.7% Usmani71.1% Dow Jones Islamic52.4% S&P Shariah52.4% MSCI Islamic71.1% MSCI Islamic M-Series52.4% FTSE Shariah58.8% |
| CCI CROWN CASTLE INC | NON_COMPLIANT | 0.96% | AAOIFI67.9% Usmani108.8% Dow Jones Islamic61.9% S&P Shariah60.7% MSCI Islamic108.8% MSCI Islamic M-Series60.7% FTSE Shariah84.8% |
| EQUITY RESIDENTIAL | UNSCREENED | 0.79% | no in-house ratios for this holding |
| THE OPTIONS CLEARING CORPORATION | UNSCREENED | 0.75% | no in-house ratios for this holding |
| AVB AVALONBAY COMMUNITIES INC | NON_COMPLIANT | 0.74% | AAOIFIfail Usmanifail Dow Jones Islamic— S&P Shariah— MSCI Islamicfail MSCI Islamic M-Series— FTSE Shariahfail |
| ESS ESSEX PROPERTY TRUST INC | NON_COMPLIANT | 0.61% | AAOIFI35.7% Usmani49.5% Dow Jones Islamic37.2% S&P Shariah39.3% MSCI Islamic49.5% MSCI Islamic M-Series39.3% FTSE Shariah49.5% |
| SBAC SBA COMMUNICATIONS CORP | NON_COMPLIANT | 0.54% | AAOIFI63.3% Usmani108.4% Dow Jones Islamic58.7% S&P Shariah58.5% MSCI Islamic108.4% MSCI Islamic M-Series58.5% FTSE Shariah108.4% |
| WPC W.P. CAREY INC | NON_COMPLIANT | 0.46% | AAOIFI52.5% Usmani47.5% Dow Jones Islamic64.6% S&P Shariah69.0% MSCI Islamic47.5% MSCI Islamic M-Series69.0% FTSE Shariah47.5% |
| DOC HEALTHPEAK PROPERTIES INC | NON_COMPLIANT | 0.44% | AAOIFI67.5% Usmani46.3% Dow Jones Islamic80.6% S&P Shariah86.7% MSCI Islamic46.3% MSCI Islamic M-Series86.7% FTSE Shariah46.3% |
| UDR UDR INC | NON_COMPLIANT | 0.37% | AAOIFI41.8% Usmani54.8% Dow Jones Islamic45.2% S&P Shariah46.9% MSCI Islamic54.8% MSCI Islamic M-Series46.9% FTSE Shariah54.8% |
| AHR AMERICAN HEALTHCARE REIT INC | COMPLIANT | 0.33% | AAOIFI14.3% Usmani33.6% Dow Jones Islamic22.1% S&P Shariah25.8% MSCI Islamic31.1% MSCI Islamic M-Series25.8% FTSE Shariah31.1% |
| BXP BXP INC | NON_COMPLIANT | 0.32% | AAOIFI9.3% Usmani3.9% Dow Jones Islamic9.6% S&P Shariah9.9% MSCI Islamic3.9% MSCI Islamic M-Series9.9% FTSE Shariah3.9% |
| FRT FEDERAL REALTY INVESTMENT TRUST | NON_COMPLIANT | 0.32% | AAOIFI48.5% Usmani54.6% Dow Jones Islamic56.8% S&P Shariah59.6% MSCI Islamic54.6% MSCI Islamic M-Series59.6% FTSE Shariah54.6% |
| ARE ALEXANDRIA REAL ESTATE EQUITIES INC | NON_COMPLIANT | 0.32% | AAOIFI183.2% Usmani37.0% Dow Jones Islamic113.6% S&P Shariah95.2% MSCI Islamic37.0% MSCI Islamic M-Series95.2% FTSE Shariah37.0% |
| THE OPTIONS CLEARING CORPORATION | UNSCREENED | 0.32% | no in-house ratios for this holding |
| AGREE REALTY CORP | UNSCREENED | 0.25% | no in-house ratios for this holding |
| VNO VORNADO REALTY TRUST | NON_COMPLIANT | 0.25% | AAOIFI35.1% Usmani16.7% Dow Jones Islamic37.5% S&P Shariah41.9% MSCI Islamic16.7% MSCI Islamic M-Series41.9% FTSE Shariah16.7% |
| THE OPTIONS CLEARING CORPORATION | UNSCREENED | 0.23% | no in-house ratios for this holding |
| STAG STAG INDUSTRIAL INC | NON_COMPLIANT | 0.22% | AAOIFI44.2% Usmani44.6% Dow Jones Islamic48.2% S&P Shariah49.6% MSCI Islamic44.6% MSCI Islamic M-Series49.6% FTSE Shariah44.6% |
| THE OPTIONS CLEARING CORPORATION | UNSCREENED | 0.20% | no in-house ratios for this holding |
| ISHARES GOLD TRUST | UNSCREENED | 0.16% | no in-house ratios for this holding |
| THE OPTIONS CLEARING CORPORATION | UNSCREENED | 0.15% | no in-house ratios for this holding |
| KILROY REALTY CORP | UNSCREENED | 0.14% | no in-house ratios for this holding |
| HASI HA SUSTAINABLE INFRASTRUCTURE CAPITAL INC | NON_COMPLIANT | 0.14% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| SBRA SABRA HEALTH CARE REIT INC | NON_COMPLIANT | 0.13% | AAOIFI49.4% Usmani47.6% Dow Jones Islamic61.2% S&P Shariah69.2% MSCI Islamic47.6% MSCI Islamic M-Series69.2% FTSE Shariah47.6% |
| COPT DEFENSE PROPERTIES | UNSCREENED | 0.12% | no in-house ratios for this holding |
| SL GREEN REALTY CORP | UNSCREENED | 0.11% | no in-house ratios for this holding |
| ACADIA REALTY TRUST | UNSCREENED | 0.09% | no in-house ratios for this holding |
| RBB FUND INC (THE) | UNSCREENED | 0.08% | no in-house ratios for this holding |
| MCRI MONARCH CASINO & RESORT INC | NON_COMPLIANT | 0.08% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| DRH DIAMONDROCK HOSPITALITY COMPANY | NON_COMPLIANT | 0.08% | AAOIFI44.7% Usmani35.8% Dow Jones Islamic60.3% S&P Shariah62.3% MSCI Islamic35.8% MSCI Islamic M-Series62.3% FTSE Shariah35.8% |
| PEB PEBBLEBROOK HOTEL TRUST | NON_COMPLIANT | 0.07% | AAOIFI102.3% Usmani39.4% Dow Jones Islamic141.2% S&P Shariah134.2% MSCI Islamic39.4% MSCI Islamic M-Series134.2% FTSE Shariah39.4% |
| AAT AMERICAN ASSETS TRUST INC | NON_COMPLIANT | 0.05% | AAOIFI128.1% Usmani58.6% Dow Jones Islamic137.3% S&P Shariah141.5% MSCI Islamic58.6% MSCI Islamic M-Series141.5% FTSE Shariah58.6% |
| IIPR INNOVATIVE INDUSTRIAL PROPERTIES INC | NON_COMPLIANT | 0.05% | AAOIFI27.6% Usmani15.3% Dow Jones Islamic26.2% S&P Shariah23.0% MSCI Islamic15.3% MSCI Islamic M-Series23.0% FTSE Shariah15.3% |
| GLOBAL NET LEASE INC | UNSCREENED | 0.05% | no in-house ratios for this holding |
| LTC LTC PROPERTIES INC | NON_COMPLIANT | 0.05% | AAOIFI35.4% Usmani35.7% Dow Jones Islamic47.6% S&P Shariah52.3% MSCI Islamic35.7% MSCI Islamic M-Series52.3% FTSE Shariah35.7% |
| THE OPTIONS CLEARING CORPORATION | UNSCREENED | 0.05% | no in-house ratios for this holding |
| CBL & ASSOCIATES PROPERTIES INC | UNSCREENED | 0.05% | no in-house ratios for this holding |
| THE OPTIONS CLEARING CORPORATION | UNSCREENED | 0.05% | no in-house ratios for this holding |
| SNDA SONIDA SENIOR LIVING INC | NON_COMPLIANT | 0.05% | AAOIFI86.3% Usmani61.7% Dow Jones Islamic200.1% S&P Shariah263.2% MSCI Islamic61.7% MSCI Islamic M-Series263.2% FTSE Shariah61.7% |
| UMH PROPERTIES INC | UNSCREENED | 0.04% | no in-house ratios for this holding |
| SAFE SAFEHOLD INC | NON_COMPLIANT | 0.04% | AAOIFI434.6% Usmani61.9% Dow Jones Islamic408.0% S&P Shariah392.9% MSCI Islamic61.9% MSCI Islamic M-Series392.9% FTSE Shariah61.9% |
| ESRT EMPIRE STATE REALTY TRUST INC | NON_COMPLIANT | 0.03% | AAOIFI161.7% Usmani29.7% Dow Jones Islamic99.6% S&P Shariah93.0% MSCI Islamic29.7% MSCI Islamic M-Series93.0% FTSE Shariah29.7% |
| THE OPTIONS CLEARING CORPORATION | UNSCREENED | 0.03% | no in-house ratios for this holding |
| HUDSON PACIFIC PROPERTIES INC | UNSCREENED | 0.03% | no in-house ratios for this holding |
| CENTERSPACE REAL ESTATE INVESTMENT TRUST | UNSCREENED | 0.03% | no in-house ratios for this holding |
| JBG SMITH PROPERTIES LP | UNSCREENED | 0.03% | no in-house ratios for this holding |
| STRW STRAWBERRY FIELDS REIT INC | NON_COMPLIANT | 0.02% | AAOIFI106.4% Usmani92.3% Dow Jones Islamic602.1% S&P Shariah762.2% MSCI Islamic92.3% MSCI Islamic M-Series762.2% FTSE Shariah92.2% |
| CLDT CHATHAM LODGING TRUST | NON_COMPLIANT | 0.02% | AAOIFI68.2% Usmani33.6% Dow Jones Islamic105.8% S&P Shariah103.2% MSCI Islamic33.6% MSCI Islamic M-Series103.2% FTSE Shariah33.6% |
| THE OPTIONS CLEARING CORPORATION | UNSCREENED | 0.01% | no in-house ratios for this holding |
| GOOD GLADSTONE COMMERCIAL CORP | NON_COMPLIANT | 0.01% | AAOIFI133.2% Usmani68.5% Dow Jones Islamic150.0% S&P Shariah163.1% MSCI Islamic68.5% MSCI Islamic M-Series163.1% FTSE Shariah68.5% |
| APARTMENT INVESTMENT & MANAGEMENT CO | UNSCREENED | 0.01% | no in-house ratios for this holding |
| THE OPTIONS CLEARING CORPORATION | UNSCREENED | 0.01% | no in-house ratios for this holding |
The published standards disagree about this fund by 1 points of portfolio weight — 1.4% 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 1.4% ratios fail on 6.3% 90.3% not rated under AAOIFI
ratios pass on 0.0% ratios fail on 7.8% 90.3% not rated under Usmani
ratios pass on 1.4% ratios fail on 5.6% 91.0% not rated under Dow Jones Islamic
ratios pass on 1.4% ratios fail on 5.6% 91.0% not rated under S&P Shariah
ratios pass on 0.1% ratios fail on 7.4% 90.5% not rated under MSCI Islamic
ratios pass on 1.4% ratios fail on 5.6% 91.0% not rated under MSCI Islamic M-Series
ratios pass on 0.1% ratios fail on 7.4% 90.5% not rated under FTSE Shariah
31 of 72 listed holdings carry our own per-methodology verdicts (12% of weight). The rest hold a provider verdict with no methodology breakdown, and are counted as rated by none. Of those, 28 (11% of weight) also carry the underlying debt ratio; the rest show a verdict without the figure behind it.
| Non-compliant holding | Weight |
|---|---|
| O REALTY INCOME CORP | 1.40% |
| AMT AMERICAN TOWER CORP | 1.29% |
| CCI CROWN CASTLE INC | 0.96% |
| AVB AVALONBAY COMMUNITIES INC | 0.74% |
| ESS ESSEX PROPERTY TRUST INC | 0.61% |
| SBAC SBA COMMUNICATIONS CORP | 0.54% |
| WPC W.P. CAREY INC | 0.46% |
| DOC HEALTHPEAK PROPERTIES INC | 0.44% |
| UDR UDR INC | 0.37% |
| BXP BXP INC | 0.32% |
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.
Atlas America Fund (USAF) 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 USAF — 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) | 49.00 | NEUTRAL |
| Stochastic %K (14) | 60.42 | NEUTRAL |
| CCI (20) | 36.33 | NEUTRAL |
| Williams %R (14) | -39.58 | NEUTRAL |
| MACD (12,26,9) | 0.01 | BUY |
| ROC (10) | -0.20 | SELL |
| Momentum (10) | -0.06 | SELL |
| EMA (10) | 27.80 | BUY |
| SMA (10) | 27.82 | BUY |
| EMA (20) | 27.83 | BUY |
| SMA (20) | 27.78 | BUY |
| EMA (30) | 27.87 | SELL |
| SMA (30) | 27.87 | SELL |
| EMA (50) | 27.89 | SELL |
| SMA (50) | 28.04 | SELL |
| EMA (100) | 27.82 | BUY |
| SMA (100) | 27.81 | BUY |
| EMA (200) | 27.64 | BUY |
| SMA (200) | 27.72 | BUY |
About Atlas America Fund
The fund is an actively managed ETF that seeks to achieve its investment objective by investing primarily in a portfolio of investments in the following asset classes: real estate investment trusts, investment grade fixed income securities including U.S. government securities, municipal securities, and corporate bonds, gold trusts, structured securities, equity securities of U.S. and non-U.S. companies, including common stocks, ADRs, preferred stocks, and alternative strategies. The fund is non-diversified.
Background via Yahoo Finance — informational, not part of the verdict.
Average — needs more confirmation before sizing up
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 |
| ⏱ 15-Min | NEUTRAL | 17 |
| ⏲ 5-Min | BEARISH | 52 |
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.