Verdicts genuinely change. Free email alert the moment WSDB'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.
Weitz Short Duration Bond ETF ETF · NORTHERN LIGHTS FUND TRUST II
53 holdings · as of 2026-05-31 (4.6 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 105% of net assets rather than 100%. Shares of the portfolio are shown as shares of that gross exposure.
NON-COMPLIANT At least 61.21% of portfolio weight is in non-compliant holdings — already over the 5% threshold, so the verdict is settled whatever the unmatched 43% turns out to be. Matching more holdings can only raise this share, never lower it.
57.93% of that is conventional interest-bearing debt, identified from the fund's own filing rather than by screening an issuer. Sukuk are deliberately excluded from this test and are never counted here.
53 holdings, 11 matched (59% of weight). Portfolio as of 2026-05-31, filed 2026-07-27. Source: SEC Form N-PORT.
1.00% of this portfolio’s income is non-permissible — weighted across holdings, computed over 1% of portfolio weight (1 of 53 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.
| Holding | Status | Weight | Every methodology, and the debt ratio behind it |
|---|---|---|---|
| UNITED STATES OF AMERICA - BUREAU OF THE PUBLIC DEBT | NON_COMPLIANT | 14.20% | no in-house ratios for this holding |
| BBH SWEEP VEHICLE | UNSCREENED | 13.84% | no in-house ratios for this holding |
| UNITED STATES OF AMERICA - BUREAU OF THE PUBLIC DEBT | NON_COMPLIANT | 8.89% | no in-house ratios for this holding |
| UNITED STATES OF AMERICA - BUREAU OF THE PUBLIC DEBT | NON_COMPLIANT | 8.85% | no in-house ratios for this holding |
| UNITED STATES OF AMERICA - BUREAU OF THE PUBLIC DEBT | NON_COMPLIANT | 7.04% | no in-house ratios for this holding |
| UNITED STATES OF AMERICA - BUREAU OF THE PUBLIC DEBT | NON_COMPLIANT | 6.98% | no in-house ratios for this holding |
| UNITED STATES OF AMERICA - BUREAU OF THE PUBLIC DEBT | NON_COMPLIANT | 4.46% | no in-house ratios for this holding |
| UNITED STATES OF AMERICA - BUREAU OF THE PUBLIC DEBT | NON_COMPLIANT | 3.50% | no in-house ratios for this holding |
| FMCC FEDERAL HOME LOAN MORTGAGE CORP | NON_COMPLIANT | 2.30% | AAOIFIfail Usmani10.1% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic10.1% MSCI Islamic M-Seriesfail FTSE Shariah10.1% |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION | NON_COMPLIANT | 2.26% | no in-house ratios for this holding |
| UNITED STATES OF AMERICA - BUREAU OF THE PUBLIC DEBT | NON_COMPLIANT | 1.76% | no in-house ratios for this holding |
| JP MORGAN MORTGAGE TRUST 2025-CCM2 | UNSCREENED | 1.27% | no in-house ratios for this holding |
| CROSS 2026-NQM5 MORTGAGE TRUST | UNSCREENED | 1.06% | no in-house ratios for this holding |
| Gs Mortgage-backed Securities Trust 2026-PJ1 | UNSCREENED | 1.04% | no in-house ratios for this holding |
| OBX 2026-CES1 TRUST | UNSCREENED | 1.03% | no in-house ratios for this holding |
| REGENTS CAPITAL EQUIPMENT RECEIVABLES 2026-1 LLC | UNSCREENED | 1.00% | no in-house ratios for this holding |
| IT GARTNER INC | NON_COMPLIANT | 0.98% | AAOIFI28.3% Usmani46.3% Dow Jones Islamic13.9% S&P Shariah12.2% MSCI Islamic46.3% MSCI Islamic M-Series12.2% FTSE Shariah41.4% |
| Scooters Coffee Issuer LLC / Harvest Roasting Issuer LLC | UNSCREENED | 0.89% | no in-house ratios for this holding |
| AUDAX SENIOR DEBT CLO 7 LLC | UNSCREENED | 0.89% | no in-house ratios for this holding |
| Gs Mortgage-backed Securities Trust 2026-PJ1 | UNSCREENED | 0.89% | no in-house ratios for this holding |
| ASPIRE MORTGAGE TRUST 2026-2 | UNSCREENED | 0.89% | no in-house ratios for this holding |
| VICI PROPERTIES LP / VICI NOTE CO INC | UNSCREENED | 0.88% | no in-house ratios for this holding |
| FEDERAL HOME LN MTG CORP MULTICLASS MTG PARTN CTFS GTD | UNSCREENED | 0.87% | no in-house ratios for this holding |
| MORGAN STANLEY RESIDENTIAL MORTGAGE LOAN TRUST 2025-NQM6 | UNSCREENED | 0.87% | no in-house ratios for this holding |
| NEW RESIDENTIAL MORTGAGE LOAN TRUST 2026-NQM3 | UNSCREENED | 0.86% | no in-house ratios for this holding |
| BRAVO RESIDENTIAL FUNDING TRUST 2022-NQM3 | UNSCREENED | 0.86% | no in-house ratios for this holding |
| UPGRADE MASTER PASS-THRU TRUST SERIES 2026-ST2 | UNSCREENED | 0.71% | no in-house ratios for this holding |
| RESEARCH-DRIVEN PAGAYA MOTOR ASSET TRUST 2026-3 | UNSCREENED | 0.71% | no in-house ratios for this holding |
| FHF ISSUER TRUST 2024-2 | UNSCREENED | 0.71% | no in-house ratios for this holding |
| J P MORGAN MORTGAGE TRUST 2026-NQM3 | UNSCREENED | 0.71% | no in-house ratios for this holding |
| ARES STRATEGIC INCOME FUND | UNSCREENED | 0.71% | no in-house ratios for this holding |
| BHG SECURITIZATION TRUST 2026-1CON | UNSCREENED | 0.71% | no in-house ratios for this holding |
| UPG HI ISSUER TRUST 2026-1 | UNSCREENED | 0.71% | no in-house ratios for this holding |
| ACM AUTO TRUST 2025-3 | UNSCREENED | 0.71% | no in-house ratios for this holding |
| MTP ABS FUNDING LLC | UNSCREENED | 0.71% | no in-house ratios for this holding |
| SIXTH STREET LENDING PARTNERS | UNSCREENED | 0.71% | no in-house ratios for this holding |
| JP MORGAN MORTGAGE TRUST 2015-4 | UNSCREENED | 0.71% | no in-house ratios for this holding |
| GOLUB CAPITAL PRIVATE CREDIT FUND | UNSCREENED | 0.71% | no in-house ratios for this holding |
| A&D MORTGAGE TRUST 2025-NQM4 | UNSCREENED | 0.70% | no in-house ratios for this holding |
| MILL CITY MORTGAGE LOAN TRUST 2026-R1 | UNSCREENED | 0.70% | no in-house ratios for this holding |
| Gs Mortgage Backed Securities Trust 2026-NQM2 | UNSCREENED | 0.70% | no in-house ratios for this holding |
| Gs Mortgage-backed Securities Trust 2026-PJ1 | UNSCREENED | 0.69% | no in-house ratios for this holding |
| ZAYO ISSUER LLC | UNSCREENED | 0.53% | no in-house ratios for this holding |
| ARES STRATEGIC INCOME FUND | UNSCREENED | 0.53% | no in-house ratios for this holding |
| GOODLEAP HOME IMPROVEMENT SOLUTIONS TRUST 2026-1 | UNSCREENED | 0.51% | no in-house ratios for this holding |
| ROCKET SOFTWARE INC | UNSCREENED | 0.45% | no in-house ratios for this holding |
| ELDRIDGE MMPC CLO 2026-2 LTD | UNSCREENED | 0.45% | no in-house ratios for this holding |
| MCF CLO IX LTD | UNSCREENED | 0.45% | no in-house ratios for this holding |
| PFP 2026-14 LTD | UNSCREENED | 0.44% | no in-house ratios for this holding |
| CERBERUS LOAN FUNDING XL LLC | UNSCREENED | 0.44% | no in-house ratios for this holding |
| MIDAS OPCO HOLDINGS LLC | UNSCREENED | 0.43% | no in-house ratios for this holding |
| GOLUB CAPITAL PARTNERS ABS FUNDING 2021-2 | UNSCREENED | 0.35% | no in-house ratios for this holding |
| GOLUB CAP PRT ABS FD 2019-1R | UNSCREENED | 0.28% | no in-house ratios for this holding |
The published standards disagree about this fund by 1 points of portfolio weight — 1.0% 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 1.0% ratios fail on 2.3% 101.2% not rated under AAOIFI
ratios pass on 0.0% ratios fail on 3.3% 101.2% not rated under Usmani
ratios pass on 1.0% ratios fail on 2.3% 101.2% not rated under Dow Jones Islamic
ratios pass on 1.0% ratios fail on 2.3% 101.2% not rated under S&P Shariah
ratios pass on 0.0% ratios fail on 3.3% 101.2% not rated under MSCI Islamic
ratios pass on 1.0% ratios fail on 2.3% 101.2% not rated under MSCI Islamic M-Series
ratios pass on 0.0% ratios fail on 3.3% 101.2% not rated under FTSE Shariah
2 of 53 listed holdings carry our own per-methodology verdicts (3% of weight). The rest hold a provider verdict with no methodology breakdown, and are counted as rated by none.
| Non-compliant holding | Weight |
|---|---|
| UNITED STATES OF AMERICA - BUREAU OF THE PUBLIC DEBT | 14.20% |
| UNITED STATES OF AMERICA - BUREAU OF THE PUBLIC DEBT | 8.89% |
| UNITED STATES OF AMERICA - BUREAU OF THE PUBLIC DEBT | 8.85% |
| UNITED STATES OF AMERICA - BUREAU OF THE PUBLIC DEBT | 7.04% |
| UNITED STATES OF AMERICA - BUREAU OF THE PUBLIC DEBT | 6.98% |
| UNITED STATES OF AMERICA - BUREAU OF THE PUBLIC DEBT | 4.46% |
| UNITED STATES OF AMERICA - BUREAU OF THE PUBLIC DEBT | 3.50% |
| FMCC FEDERAL HOME LOAN MORTGAGE CORP | 2.30% |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION | 2.26% |
| UNITED STATES OF AMERICA - BUREAU OF THE PUBLIC DEBT | 1.76% |
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.
Weitz Short Duration Bond ETF (WSDB) 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 WSDB — 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.
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) | 51.60 | NEUTRAL |
| Stochastic %K (14) | 100.00 | SELL |
| CCI (20) | 85.71 | NEUTRAL |
| Williams %R (14) | 0.00 | SELL |
| MACD (12,26,9) | 0.01 | BUY |
| ROC (10) | 0.41 | BUY |
| Momentum (10) | 0.10 | BUY |
| EMA (10) | 24.63 | BUY |
| SMA (10) | 24.62 | BUY |
| EMA (20) | 24.65 | BUY |
| SMA (20) | 24.62 | BUY |
| EMA (30) | 24.67 | SELL |
| SMA (30) | 24.67 | SELL |
| EMA (50) | 24.70 | SELL |
| SMA (50) | 24.75 | SELL |
| EMA (100) | 24.73 | SELL |
| SMA (100) | 24.77 | SELL |
| EMA (200) | 24.75 | SELL |
Under normal circumstances, the fund will invest at least 80% of its net assets, plus the amount of any borrowings for investment purposes, bonds, including derivative instruments or other instruments that have economic characteristics similar to bonds. It may invest up to 15% of its total assets in debt securities which are unrated or non-investment grade. It 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 | 41 |
| ⏲ 5-Min | NEUTRAL | 18 |
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.
Still fetching insider filings — it ran past this page's budget, so the page painted without waiting. The fetch is still running; reload in a moment and it will be here.
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.