Verdicts genuinely change. Free email alert the moment WDEF'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.
WisdomTree Europe Defense Fund · WisdomTree Trust
44 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 102% of net assets rather than 100%. Shares of the portfolio are shown as shares of that gross exposure.
NON-COMPLIANT 77.98% of portfolio weight is in non-compliant holdings, over the 5% threshold.
44 holdings, 39 matched (95% of weight). Portfolio as of 2026-06-30, filed 2026-08-31. Source: SEC Form N-PORT.
0.86% of this portfolio’s income is non-permissible — weighted across holdings, computed over 94% of portfolio weight (38 of 44 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.
18.5% compliant 0.0% questionable 76.7% non-compliant 4.7% unscreened
| Holding | Status | Weight | Every methodology, and the debt ratio behind it |
|---|---|---|---|
| BA.L BAE SYSTEMS PLC | NON_COMPLIANT | 10.11% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| HO.PA THALES SA | NON_COMPLIANT | 10.04% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| RHM.DE RHEINMETALL AG | NON_COMPLIANT | 8.61% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| SAFRY SAFRAN SA | COMPLIANT | 5.57% | AAOIFI3.9% Usmani9.9% Dow Jones Islamic19.4% S&P Shariah22.2% MSCI Islamic8.6% MSCI Islamic M-Series22.2% FTSE Shariah8.6% |
| RR.L ROLLS-ROYCE HOLDINGS PLC | NON_COMPLIANT | 5.52% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| AIR.PA AIRBUS SE | NON_COMPLIANT | 5.29% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| SAAB-B.ST SAAB AB | NON_COMPLIANT | 4.78% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| LDO.MI LEONARDO SPA | NON_COMPLIANT | 4.74% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| KOG.OL KONGSBERG GRUPPEN ASA | NON_COMPLIANT | 4.56% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| AM.PA DASSAULT AVIATION SA | NON_COMPLIANT | 4.10% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| HAG.DE HENSOLDT AG | NON_COMPLIANT | 4.09% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| BAB.L BABCOCK INTERNATIONAL GROUP PLC | COMPLIANT | 3.07% | AAOIFIpass Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| IDR.MC INDRA SISTEMAS SA | NON_COMPLIANT | 2.96% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| TKMS.F TKMS AG & CO. KGAA | NON_COMPLIANT | 2.93% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| DREY INST PREF GOV MM-M | UNSCREENED | 2.58% | no in-house ratios for this holding |
| MRO.L MELROSE INDUSTRIES PLC | COMPLIANT | 2.51% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| R3NK.F RENK GROUP AG | NON_COMPLIANT | 2.49% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| EXENS.PA EXOSENS SA | COMPLIANT | 1.68% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| QQ.L QINETIQ GROUP PLC | NON_COMPLIANT | 1.39% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| EXA.PA EXAIL TECHNOLOGIES SA | COMPLIANT | 1.32% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass |
| FCT.MI FINCANTIERI SPA | NON_COMPLIANT | 1.29% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| THEON INTERNATIONAL PLC | UNSCREENED | 1.26% | no in-house ratios for this holding |
| CSG.AS CSG NV | NON_COMPLIANT | 1.24% | AAOIFI22.8% Usmani44.7% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic44.7% MSCI Islamic M-Seriesfail FTSE Shariah44.7% |
| SRP.L SERCO GROUP PLC | NON_COMPLIANT | 0.93% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass |
| CHG.L CHEMRING GROUP PLC | NON_COMPLIANT | 0.87% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| KMAR.OL KONGSBERG MARITIME ASA | NON_COMPLIANT | 0.77% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| OHB.DE OHB SE | COMPLIANT | 0.77% | AAOIFI8.2% Usmani23.0% Dow Jones Islamicpass S&P Shariahpass MSCI Islamic20.4% MSCI Islamic M-Seriespass FTSE Shariah20.4% |
| EUTELSAT COMMUNICATIONS SA | UNSCREENED | 0.67% | no in-house ratios for this holding |
| BITTI.HE BITTIUM OYJ | COMPLIANT | 0.66% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahpass |
| V1NC.F VINCORION SE | COMPLIANT | 0.51% | AAOIFI6.2% Usmani30.3% Dow Jones Islamic— S&P Shariah— MSCI Islamic20.6% MSCI Islamic M-Series— FTSE Shariah20.6% |
| IVSO.ST INVISIO AB | COMPLIANT | 0.51% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahpass |
| GDWN.L GOODWIN PLC | COMPLIANT | 0.50% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| SESG.PA SES SA | NON_COMPLIANT | 0.43% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| COLT.PR COLT CZ GROUP SE | NON_COMPLIANT | 0.43% | AAOIFIfail Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahfail |
| MILDEF.ST MILDEF GROUP AB | NON_COMPLIANT | 0.41% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| KIT.OL KITRON ASA | COMPLIANT | 0.39% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahpass |
| CHRT.L COHORT PLC | COMPLIANT | 0.37% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| AVON.L AVON TECHNOLOGIES PLC | COMPLIANT | 0.32% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| AVIO SPA | UNSCREENED | 0.29% | no in-house ratios for this holding |
| OVZON.ST OVZON AB | COMPLIANT | 0.29% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| SNR.L SENIOR PLC | COMPLIANT | 0.25% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| CICN.SW CICOR TECHNOLOGIES SA | COMPLIANT | 0.12% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahpass |
| DREYFUS TRSY OBLIG CASH M | UNSCREENED | 0.02% | no in-house ratios for this holding |
| OHB.DE OHB SE | COMPLIANT | 0.00% | AAOIFI8.2% Usmani23.0% Dow Jones Islamicpass S&P Shariahpass MSCI Islamic20.4% MSCI Islamic M-Seriespass FTSE Shariah20.4% |
The published standards disagree about this fund by 8 points of portfolio weight — 19.8% of it passes FTSE Shariah, 11.7% passes S&P Shariah. 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 18.8% ratios fail on 78.0% 4.8% not rated under AAOIFI
ratios pass on 15.8% ratios fail on 81.1% 4.8% not rated under Usmani
ratios pass on 13.2% ratios fail on 83.1% 5.3% not rated under Dow Jones Islamic
ratios pass on 11.7% ratios fail on 84.6% 5.3% not rated under S&P Shariah
ratios pass on 18.1% ratios fail on 78.7% 4.8% not rated under MSCI Islamic
ratios pass on 11.7% ratios fail on 84.6% 5.3% not rated under MSCI Islamic M-Series
ratios pass on 19.8% ratios fail on 77.1% 4.8% not rated under FTSE Shariah
38 of 44 listed holdings carry our own per-methodology verdicts (97% of weight). The rest hold a provider verdict with no methodology breakdown, and are counted as rated by none. Of those, 4 (8% of weight) also carry the underlying debt ratio; the rest show a verdict without the figure behind it.
| Non-compliant holding | Weight |
|---|---|
| BA.L BAE SYSTEMS PLC | 10.11% |
| HO.PA THALES SA | 10.04% |
| RHM.DE RHEINMETALL AG | 8.61% |
| RR.L ROLLS-ROYCE HOLDINGS PLC | 5.52% |
| AIR.PA AIRBUS SE | 5.29% |
| SAAB-B.ST SAAB AB | 4.78% |
| LDO.MI LEONARDO SPA | 4.74% |
| KOG.OL KONGSBERG GRUPPEN ASA | 4.56% |
| AM.PA DASSAULT AVIATION SA | 4.10% |
| HAG.DE HENSOLDT AG | 4.09% |
Methodology breakdown computing — it will appear here on its own.
Whether the technical picture shows an edge right now. Separate from the Sharia verdict, which this side never overrides.
The factors behind the read, each shown with the figure it rests on, including the ones pointing the other way.
WisdomTree Europe Defense Fund (WDEF) 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.
Computing the full ratio and business-activity breakdown for WDEF — 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.
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.
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.
| Indicator | Value | Signal |
|---|---|---|
| RSI (14) | 56.70 | NEUTRAL |
| Stochastic %K (14) | 88.97 | SELL |
| CCI (20) | 89.81 | NEUTRAL |
| Williams %R (14) | -11.03 | SELL |
| MACD (12,26,9) | 0.18 | BUY |
| ROC (10) | 4.04 | BUY |
| Momentum (10) | 1.12 | BUY |
| EMA (10) | 27.74 | BUY |
| SMA (10) | 27.41 | BUY |
| EMA (20) | 28.01 | BUY |
| SMA (20) | 27.96 | BUY |
| EMA (30) | 28.36 | BUY |
| SMA (30) | 28.33 | BUY |
| EMA (50) | 28.83 | BUY |
| SMA (50) | 29.66 | SELL |
| EMA (100) | 29.36 | SELL |
| SMA (100) | 29.32 | SELL |
| EMA (200) | 30.11 | SELL |
| SMA (200) | 30.65 | SELL |
Under normal circumstances, the fund invests at least 80% of its net assets, plus any borrowings for investment purposes, in constituents of the index and/or investments that have economic characteristics that are substantially similar to the economic characteristics of such constituents. The index provides exposure to common stock of European companies focused on the defense industry. The fund is non-diversified.
Background via Yahoo Finance — informational, not part of the verdict.
No real edge — avoid
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 | 42 |
| 🕐 1H | BULLISH | 31 |
| ⏱ 15-Min | RANGING | 127 |
| ⏲ 5-Min | BEARISH | 234 |
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.
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.
The questions worth asking about any verdict on this page, answered plainly.
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.
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.
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.
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.
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 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
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)
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.