Verdicts genuinely change. Free email alert the moment XDAT'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.
Franklin Exponential Data ETF ETF · Franklin Templeton ETF Trust
60 holdings · as of 2026-06-30 (3.5 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 23.38% of portfolio weight is in non-compliant holdings, over the 5% threshold.
60 holdings, 57 matched (95% of weight). Portfolio as of 2026-06-30, filed 2026-08-27. Source: SEC Form N-PORT.
2.93% of this portfolio’s income is non-permissible — weighted across holdings, computed over 78% of portfolio weight (44 of 60 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.
46.2% compliant 25.2% questionable 23.4% non-compliant 5.1% unscreened
| Holding | Status | Weight | Every methodology, and the debt ratio behind it |
|---|---|---|---|
| NET CLOUDFLARE INC | NON_COMPLIANT | 10.03% | AAOIFI0.3% Usmani4.0% Dow Jones Islamic0.4% S&P Shariah0.5% MSCI Islamic4.0% MSCI Islamic M-Series0.5% FTSE Shariah0.0% |
| GOOG ALPHABET INC | QUESTIONABLE | 9.66% | AAOIFI2.9% Usmani13.1% Dow Jones Islamic3.9% S&P Shariah4.5% MSCI Islamic12.8% MSCI Islamic M-Series4.5% FTSE Shariah10.9% |
| META META PLATFORMS INC | QUESTIONABLE | 6.36% | AAOIFI7.2% Usmani25.0% Dow Jones Islamic7.0% S&P Shariah7.9% MSCI Islamic25.0% MSCI Islamic M-Series7.9% FTSE Shariah18.6% |
| SNOW SNOWFLAKE INC | COMPLIANT | 4.98% | AAOIFI0.4% Usmani5.5% Dow Jones Islamic0.7% S&P Shariah0.8% MSCI Islamic5.5% MSCI Islamic M-Series0.8% FTSE Shariah0.0% |
| APP APPLOVIN CORP | COMPLIANT | 4.97% | AAOIFI— Usmani— Dow Jones Islamic— S&P Shariah— MSCI Islamic— MSCI Islamic M-Series— FTSE Shariah— |
| PANW PALO ALTO NETWORKS INC | COMPLIANT | 4.49% | AAOIFI— Usmani— Dow Jones Islamic— S&P Shariah— MSCI Islamic— MSCI Islamic M-Series— FTSE Shariah— |
| CRWD CROWDSTRIKE HOLDINGS INC | COMPLIANT | 4.34% | AAOIFI0.4% Usmani6.8% Dow Jones Islamic0.7% S&P Shariah0.8% MSCI Islamic6.8% MSCI Islamic M-Series0.8% FTSE Shariah6.2% |
| DDOG DATADOG INC | NON_COMPLIANT | 4.07% | AAOIFI1.7% Usmani16.9% Dow Jones Islamic2.4% S&P Shariah2.6% MSCI Islamic16.9% MSCI Islamic M-Series2.6% FTSE Shariah13.1% |
| MDB MONGODB INC | COMPLIANT | 3.71% | AAOIFI0.1% Usmani1.5% Dow Jones Islamic0.1% S&P Shariah0.1% MSCI Islamic0.8% MSCI Islamic M-Series0.1% FTSE Shariah0.0% |
| MSFT MICROSOFT CORP | QUESTIONABLE | 3.52% | AAOIFI1.5% Usmani7.5% Dow Jones Islamic1.7% S&P Shariah1.8% MSCI Islamic7.5% MSCI Islamic M-Series1.8% FTSE Shariah5.3% |
| FROG JFROG LTD | COMPLIANT | 3.41% | AAOIFI0.1% Usmani1.0% Dow Jones Islamic0.3% S&P Shariah0.3% MSCI Islamic1.0% MSCI Islamic M-Series0.3% FTSE Shariah0.0% |
| ORCL ORACLE CORP | NON_COMPLIANT | 2.61% | AAOIFI34.1% Usmani64.0% Dow Jones Islamic30.7% S&P Shariah35.2% MSCI Islamic61.0% MSCI Islamic M-Series35.2% FTSE Shariah49.5% |
| NEBIUS GROUP NV | UNSCREENED | 2.47% | no in-house ratios for this holding |
| ROKU ROKU INC | QUESTIONABLE | 2.39% | AAOIFIpass Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahfail |
| SNDK SANDISK CORP | COMPLIANT | 2.19% | AAOIFI0.1% Usmani0.9% Dow Jones Islamicpass S&P Shariahpass MSCI Islamic0.9% MSCI Islamic M-Seriespass FTSE Shariah0.0% |
| ANET ARISTA NETWORKS INC | COMPLIANT | 2.17% | AAOIFI— Usmani— Dow Jones Islamic— S&P Shariah— MSCI Islamic— MSCI Islamic M-Series— FTSE Shariah— |
| PLTR PALANTIR TECHNOLOGIES INC | QUESTIONABLE | 1.87% | AAOIFI0.1% Usmani1.8% Dow Jones Islamic0.1% S&P Shariah0.1% MSCI Islamic1.8% MSCI Islamic M-Series0.1% FTSE Shariah0.0% |
| COREWEAVE INC | UNSCREENED | 1.73% | no in-house ratios for this holding |
| TMUS T-MOBILE US INC | NON_COMPLIANT | 1.60% | AAOIFI18.0% Usmani17.5% Dow Jones Islamic14.6% S&P Shariah15.9% MSCI Islamic16.5% MSCI Islamic M-Series15.9% FTSE Shariah2.9% |
| WDC WESTERN DIGITAL CORP | COMPLIANT | 1.52% | AAOIFI0.7% Usmani8.6% Dow Jones Islamic1.8% S&P Shariah2.3% MSCI Islamic8.6% MSCI Islamic M-Series2.3% FTSE Shariah7.6% |
| EQIX EQUINIX INC | COMPLIANT | 1.06% | AAOIFI20.7% Usmani57.3% Dow Jones Islamic24.8% S&P Shariah26.3% MSCI Islamic51.7% MSCI Islamic M-Series26.3% FTSE Shariah48.4% |
| SBAC SBA COMMUNICATIONS CORP | NON_COMPLIANT | 0.94% | AAOIFI63.3% Usmani108.4% Dow Jones Islamic58.7% S&P Shariah58.5% MSCI Islamic108.4% MSCI Islamic M-Series58.5% FTSE Shariah108.4% |
| CCI CROWN CASTLE INC | NON_COMPLIANT | 0.91% | AAOIFI— Usmani— Dow Jones Islamic— S&P Shariah— MSCI Islamic— MSCI Islamic M-Series— FTSE Shariah— |
| NFLX NETFLIX INC | QUESTIONABLE | 0.91% | AAOIFI5.2% Usmani28.5% Dow Jones Islamic4.1% S&P Shariah4.7% MSCI Islamic28.5% MSCI Islamic M-Series4.7% FTSE Shariah24.5% |
| OKTA OKTA INC | COMPLIANT | 0.89% | AAOIFI0.2% Usmani0.6% Dow Jones Islamic0.3% S&P Shariah0.3% MSCI Islamic0.6% MSCI Islamic M-Series0.3% FTSE Shariah0.0% |
| INSTITUTIONAL FIDUCIARY TRUST | UNSCREENED | 0.86% | no in-house ratios for this holding |
| ZS ZSCALER INC | COMPLIANT | 0.86% | AAOIFI7.7% Usmani23.6% Dow Jones Islamic5.6% S&P Shariah5.9% MSCI Islamic23.6% MSCI Islamic M-Series5.9% FTSE Shariah21.6% |
| TW TRADEWEB MARKETS INC | COMPLIANT | 0.84% | AAOIFI0.0% Usmani0.0% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.0% MSCI Islamic M-Series0.0% FTSE Shariah0.0% |
| FTNT FORTINET INC | COMPLIANT | 0.83% | AAOIFI0.4% Usmani4.6% Dow Jones Islamic0.7% S&P Shariah0.8% MSCI Islamic4.6% MSCI Islamic M-Series0.8% FTSE Shariah4.6% |
| CIEN CIENA CORP | COMPLIANT | 0.80% | AAOIFI— Usmani— Dow Jones Islamic— S&P Shariah— MSCI Islamic— MSCI Islamic M-Series— FTSE Shariah— |
| NOW SERVICENOW INC | COMPLIANT | 0.80% | AAOIFI6.1% Usmani26.7% Dow Jones Islamic5.0% S&P Shariah5.3% MSCI Islamic26.7% MSCI Islamic M-Series5.3% FTSE Shariah23.7% |
| AKAM AKAMAI TECHNOLOGIES INC | NON_COMPLIANT | 0.78% | AAOIFI— Usmani— Dow Jones Islamic— S&P Shariah— MSCI Islamic— MSCI Islamic M-Series— FTSE Shariah— |
| LITE LUMENTUM HOLDINGS INC | COMPLIANT | 0.78% | AAOIFI1.9% Usmani22.9% Dow Jones Islamic6.7% S&P Shariah9.4% MSCI Islamic22.9% MSCI Islamic M-Series9.4% FTSE Shariah22.4% |
| CLS CELESTICA INC | COMPLIANT | 0.74% | AAOIFI2.4% Usmani10.8% Dow Jones Islamic4.0% S&P Shariah5.4% MSCI Islamic10.0% MSCI Islamic M-Series5.4% FTSE Shariah8.3% |
| U UNITY SOFTWARE INC | COMPLIANT | 0.71% | AAOIFI0.5% Usmani1.3% Dow Jones Islamic0.7% S&P Shariah0.7% MSCI Islamic1.3% MSCI Islamic M-Series0.7% FTSE Shariah0.0% |
| CDNS CADENCE DESIGN SYSTEMS INC | COMPLIANT | 0.67% | AAOIFI— Usmani— Dow Jones Islamic— S&P Shariah— MSCI Islamic— MSCI Islamic M-Series— FTSE Shariah— |
| 4704.T TREND MICRO INC | NON_COMPLIANT | 0.66% | AAOIFIfail Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahfail |
| HOOD ROBINHOOD MARKETS INC | NON_COMPLIANT | 0.66% | AAOIFI0.2% Usmani0.4% Dow Jones Islamic0.3% S&P Shariah0.4% MSCI Islamic0.4% MSCI Islamic M-Series0.4% FTSE Shariah0.0% |
| S SENTINELONE INC | COMPLIANT | 0.61% | AAOIFI0.0% Usmani0.0% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.0% MSCI Islamic M-Series0.0% FTSE Shariah0.0% |
| COIN COINBASE GLOBAL INC | NON_COMPLIANT | 0.56% | AAOIFI13.1% Usmani23.2% Dow Jones Islamic9.7% S&P Shariah10.8% MSCI Islamic23.2% MSCI Islamic M-Series10.8% FTSE Shariah22.5% |
| KEYS KEYSIGHT TECHNOLOGIES INC | COMPLIANT | 0.53% | AAOIFI4.8% Usmani23.0% Dow Jones Islamic7.5% S&P Shariah8.4% MSCI Islamic23.0% MSCI Islamic M-Series8.4% FTSE Shariah21.1% |
| TTAN SERVICETITAN INC | COMPLIANT | 0.49% | AAOIFI2.7% Usmani8.5% Dow Jones Islamic1.7% S&P Shariahpass MSCI Islamic8.5% MSCI Islamic M-Seriespass FTSE Shariah5.8% |
| AUR AURORA INNOVATION INC | COMPLIANT | 0.45% | AAOIFI0.6% Usmani3.8% Dow Jones Islamic2.2% S&P Shariah2.6% MSCI Islamic3.8% MSCI Islamic M-Series2.6% FTSE Shariah0.0% |
| DSGX DESCARTES SYSTEMS GROUP INC (THE) | COMPLIANT | 0.45% | AAOIFI0.1% Usmani0.4% Dow Jones Islamic0.1% S&P Shariah0.1% MSCI Islamic0.4% MSCI Islamic M-Series0.1% FTSE Shariah0.0% |
| CRM SALESFORCE INC | COMPLIANT | 0.42% | AAOIFI— Usmani— Dow Jones Islamic— S&P Shariah— MSCI Islamic— MSCI Islamic M-Series— FTSE Shariah— |
| RBRK RUBRIK INC | COMPLIANT | 0.42% | AAOIFI5.9% Usmani40.4% Dow Jones Islamic8.1% S&P Shariahpass MSCI Islamic40.4% MSCI Islamic M-Seriespass FTSE Shariah39.8% |
| CSU.TO CONSTELLATION SOFTWARE INC | COMPLIANT | 0.35% | AAOIFI13.2% Usmani38.4% Dow Jones Islamicpass S&P Shariahpass MSCI Islamic35.8% MSCI Islamic M-Seriespass FTSE Shariah35.8% |
| MNDY MONDAY.COM LTD | NON_COMPLIANT | 0.32% | AAOIFI4.4% Usmani8.0% Dow Jones Islamic1.8% S&P Shariah1.7% MSCI Islamic8.0% MSCI Islamic M-Series1.7% FTSE Shariah0.0% |
| QLYS QUALYS INC | COMPLIANT | 0.32% | AAOIFI0.9% Usmani5.0% Dow Jones Islamic1.1% S&P Shariah1.0% MSCI Islamic5.0% MSCI Islamic M-Series1.0% FTSE Shariah0.0% |
| RBLX ROBLOX CORP | COMPLIANT | 0.26% | AAOIFI5.7% Usmani18.8% Dow Jones Islamic3.5% S&P Shariah4.2% MSCI Islamic18.8% MSCI Islamic M-Series4.2% FTSE Shariah10.4% |
| IOT SAMSARA INC | COMPLIANT | 0.26% | AAOIFI0.3% Usmani2.5% Dow Jones Islamic0.3% S&P Shariah0.3% MSCI Islamic2.5% MSCI Islamic M-Series0.3% FTSE Shariah0.0% |
| VRSK VERISK ANALYTICS INC | QUESTIONABLE | 0.25% | AAOIFI18.2% Usmani101.0% Dow Jones Islamic13.7% S&P Shariah13.5% MSCI Islamic100.6% MSCI Islamic M-Series13.5% FTSE Shariah97.3% |
| BSY BENTLEY SYSTEMS INC | COMPLIANT | 0.21% | AAOIFI— Usmani— Dow Jones Islamic— S&P Shariah— MSCI Islamic— MSCI Islamic M-Series— FTSE Shariah— |
| GWRE GUIDEWIRE SOFTWARE INC | QUESTIONABLE | 0.21% | AAOIFI3.2% Usmani16.9% Dow Jones Islamic2.8% S&P Shariah3.2% MSCI Islamic16.9% MSCI Islamic M-Series3.2% FTSE Shariah15.5% |
| SAP SAP SE | COMPLIANT | 0.21% | AAOIFI3.5% Usmani13.0% Dow Jones Islamic3.1% S&P Shariah3.4% MSCI Islamic10.6% MSCI Islamic M-Series3.4% FTSE Shariah10.6% |
| ADSK AUTODESK INC | COMPLIANT | 0.19% | AAOIFI8.4% Usmani28.7% Dow Jones Islamic6.4% S&P Shariah6.7% MSCI Islamic28.7% MSCI Islamic M-Series6.7% FTSE Shariah26.9% |
| CRCL CIRCLE INTERNET GROUP INC | NON_COMPLIANT | 0.18% | AAOIFI0.1% Usmani0.0% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic0.0% MSCI Islamic M-Seriesfail FTSE Shariah0.0% |
| GTLB GITLAB INC | COMPLIANT | 0.17% | AAOIFI0.0% Usmani0.0% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.0% MSCI Islamic M-Series0.0% FTSE Shariah0.0% |
| BLSH BULLISH | COMPLIANT | 0.12% | AAOIFI— Usmani— Dow Jones Islamic— S&P Shariah— MSCI Islamic— MSCI Islamic M-Series— FTSE Shariah— |
| FIG FIGMA INC | NON_COMPLIANT | 0.05% | AAOIFI0.5% Usmani2.9% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic2.9% MSCI Islamic M-Seriesfail FTSE Shariah0.0% |
The published standards disagree about this fund by 35 points of portfolio weight — 56.2% of it passes Dow Jones Islamic, 21.5% 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 52.9% ratios fail on 21.8% 25.1% not rated under AAOIFI
ratios pass on 38.2% ratios fail on 36.4% 25.2% not rated under Usmani
ratios pass on 56.2% ratios fail on 18.6% 25.1% not rated under Dow Jones Islamic
ratios pass on 53.5% ratios fail on 21.2% 25.1% not rated under S&P Shariah
ratios pass on 21.5% ratios fail on 44.4% 33.9% not rated under MSCI Islamic
ratios pass on 53.5% ratios fail on 21.2% 25.1% not rated under MSCI Islamic M-Series
ratios pass on 39.1% ratios fail on 36.4% 24.4% not rated under FTSE Shariah
57 of 60 listed holdings carry our own per-methodology verdicts (95% of weight). The rest hold a provider verdict with no methodology breakdown, and are counted as rated by none. Of those, 45 (76% of weight) also carry the underlying debt ratio; the rest show a verdict without the figure behind it.
| Non-compliant holding | Weight |
|---|---|
| NET CLOUDFLARE INC | 10.03% |
| DDOG DATADOG INC | 4.07% |
| ORCL ORACLE CORP | 2.61% |
| TMUS T-MOBILE US INC | 1.60% |
| SBAC SBA COMMUNICATIONS CORP | 0.94% |
| CCI CROWN CASTLE INC | 0.91% |
| AKAM AKAMAI TECHNOLOGIES INC | 0.78% |
| 4704.T TREND MICRO INC | 0.66% |
| HOOD ROBINHOOD MARKETS INC | 0.66% |
| COIN COINBASE GLOBAL INC | 0.56% |
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.
Franklin Exponential Data ETF (XDAT) 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 XDAT — 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) | 46.20 | NEUTRAL |
| Stochastic %K (14) | 29.22 | NEUTRAL |
| CCI (20) | -164.88 | BUY |
| Williams %R (14) | -70.78 | NEUTRAL |
| MACD (12,26,9) | -0.16 | SELL |
| ROC (10) | -2.61 | SELL |
| Momentum (10) | -0.73 | SELL |
| EMA (10) | 28.13 | SELL |
| SMA (10) | 28.36 | SELL |
| EMA (20) | 27.98 | SELL |
| SMA (20) | 28.19 | SELL |
| EMA (30) | 27.72 | SELL |
| SMA (30) | 27.67 | SELL |
| EMA (50) | 27.21 | BUY |
| SMA (50) | 27.19 | BUY |
| EMA (100) | 26.31 | BUY |
| SMA (100) | 26.05 | BUY |
| EMA (200) | 25.54 | BUY |
| SMA (200) | 24.49 | BUY |
Under normal market conditions, the fund invests at least 80% of its net assets in equity securities of companies that are relevant to the fund's investment theme of exponential data. It invests predominantly in common stock. In pursuing the fund's investment theme, the investment manager may invest in companies in any economic sector or of any market capitalization and may invest in companies both inside and outside of the United States, including those in developing or emerging markets. The fund is non-diversified.
Background via Yahoo Finance — informational, not part of the verdict.
Strong setup, well-confirmed
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 |
| ⏲ 5-Min | BEARISH | 26 |
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 2026-10-06 · Asset managers net 906615 (+2612)
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.