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XSDETF / FundState Street(R) SPDR(R) S&P(R) Semiconductor ETF

$472.01 last close 2026-10-20
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Sharia status
NOT COMPLIANT
Screened by look-through to its filed holdings — 85% of portfolio weight covered
Fund look-through

State Street(R) SPDR(R) S&P(R) Semiconductor ETF ETF · SPDR SERIES TRUST

51 holdings · as of 2026-06-30 (3.7 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 108% of net assets rather than 100%. Shares of the portfolio are shown as shares of that gross exposure.

NON-COMPLIANT 8.59% of portfolio weight is in non-compliant holdings, over the 5% threshold.

51 holdings, 41 matched (85% of weight). Portfolio as of 2026-06-30, filed 2026-08-28. Source: SEC Form N-PORT.

1.97% of this portfolio’s income is non-permissible — weighted across holdings, computed over 76% of portfolio weight (37 of 51 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.

77.0% compliant 0.0% questionable 8.0% non-compliant 15.0% unscreened

All holdings (51)
HoldingStatusWeightEvery methodology, and the debt ratio behind it
State Street Global Advisors UNSCREENED 7.94% no in-house ratios for this holding
MXL MaxLinear Inc COMPLIANT 3.75% AAOIFI2.5% Usmani18.0% Dow Jones Islamic6.0% S&P Shariah6.8% MSCI Islamic18.0% MSCI Islamic M-Series6.8% FTSE Shariah15.1%
ALGM Allegro MicroSystems Inc COMPLIANT 3.29% AAOIFI4.5% Usmani22.0% Dow Jones Islamic5.2% S&P Shariah5.3% MSCI Islamic21.5% MSCI Islamic M-Series5.3% FTSE Shariah20.3%
ALAB Astera Labs Inc COMPLIANT 3.08% AAOIFI0.1% Usmani2.3% Dow Jones Islamic0.2% S&P Shariah0.2% MSCI Islamic2.3% MSCI Islamic M-Series0.2% FTSE Shariah0.0%
AMBA Ambarella Inc COMPLIANT 2.89% AAOIFI— Usmani— Dow Jones Islamic— S&P Shariah— MSCI Islamic— MSCI Islamic M-Series— FTSE Shariah—
INTC Intel Corp COMPLIANT 2.75% AAOIFI9.2% Usmani25.0% Dow Jones Islamic23.9% S&P Shariah26.3% MSCI Islamic25.0% MSCI Islamic M-Series26.3% FTSE Shariah25.0%
PENG Penguin Solutions Inc COMPLIANT 2.74% AAOIFI19.1% Usmani22.9% Dow Jones Islamic35.9% S&P Shariah38.9% MSCI Islamic22.9% MSCI Islamic M-Series38.9% FTSE Shariah20.2%
MU Micron Technology Inc COMPLIANT 2.73% AAOIFI0.6% Usmani6.7% Dow Jones Islamic1.8% S&P Shariah2.4% MSCI Islamic4.8% MSCI Islamic M-Series2.4% FTSE Shariah4.3%
AMD Advanced Micro Devices Inc COMPLIANT 2.71% AAOIFI0.5% Usmani5.1% Dow Jones Islamic1.2% S&P Shariah1.3% MSCI Islamic5.1% MSCI Islamic M-Series1.3% FTSE Shariah3.8%
TE T1 Energy Inc NON_COMPLIANT 2.59% AAOIFI52.2% Usmani47.4% Dow Jones Islamic95.5% S&P Shariah120.1% MSCI Islamic47.4% MSCI Islamic M-Series120.1% FTSE Shariah33.5%
MRVL Marvell Technology Inc COMPLIANT 2.49% AAOIFI2.7% Usmani19.2% Dow Jones Islamic5.6% S&P Shariah6.5% MSCI Islamic19.2% MSCI Islamic M-Series6.5% FTSE Shariah18.0%
PI Impinj Inc COMPLIANT 2.45% AAOIFI5.1% Usmani49.9% Dow Jones Islamic6.2% S&P Shariah6.8% MSCI Islamic49.9% MSCI Islamic M-Series6.8% FTSE Shariah45.2%
LSCC Lattice Semiconductor Corp COMPLIANT 2.44% AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass
CRDO Credo Technology Group Holding Ltd COMPLIANT 2.41% AAOIFI— Usmani— Dow Jones Islamic— S&P Shariah— MSCI Islamic— MSCI Islamic M-Series— FTSE Shariah—
POWI Power Integrations Inc COMPLIANT 2.37% AAOIFI0.0% Usmani0.0% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.0% MSCI Islamic M-Series0.0% FTSE Shariah0.0%
SiTime Corp UNSCREENED 2.36% no in-house ratios for this holding
WOLF Wolfspeed Inc NON_COMPLIANT 2.34% AAOIFI145.1% Usmani59.8% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic59.7% MSCI Islamic M-Seriesfail FTSE Shariah56.2%
DIOD Diodes Inc COMPLIANT 2.30% AAOIFI1.7% Usmani2.8% Dow Jones Islamic2.4% S&P Shariah2.3% MSCI Islamic2.8% MSCI Islamic M-Series2.3% FTSE Shariah0.9%
MTSI MACOM Technology Solutions Holdings Inc COMPLIANT 2.25% AAOIFI1.7% Usmani17.6% Dow Jones Islamic2.6% S&P Shariah3.1% MSCI Islamic16.2% MSCI Islamic M-Series3.1% FTSE Shariah15.9%
TXN Texas Instruments Inc COMPLIANT 2.22% AAOIFI5.9% Usmani39.2% Dow Jones Islamic7.6% S&P Shariah8.1% MSCI Islamic39.2% MSCI Islamic M-Series8.1% FTSE Shariah39.2%
SMTC Semtech Corp COMPLIANT 2.20% AAOIFI3.8% Usmani36.0% Dow Jones Islamic8.0% S&P Shariah10.6% MSCI Islamic36.0% MSCI Islamic M-Series10.6% FTSE Shariah34.2%
MCHP Microchip Technology Inc COMPLIANT 2.19% AAOIFI13.8% Usmani38.2% Dow Jones Islamic15.3% S&P Shariah14.3% MSCI Islamic38.2% MSCI Islamic M-Series14.3% FTSE Shariah37.2%
AVGO Broadcom Inc COMPLIANT 2.13% AAOIFI3.8% Usmani32.5% Dow Jones Islamic4.4% S&P Shariah5.5% MSCI Islamic32.5% MSCI Islamic M-Series5.5% FTSE Shariah32.5%
ADI Analog Devices Inc COMPLIANT 2.12% AAOIFI4.6% Usmani16.8% Dow Jones Islamic6.1% S&P Shariah6.8% MSCI Islamic16.8% MSCI Islamic M-Series6.8% FTSE Shariah16.8%
SLAB Silicon Laboratories Inc COMPLIANT 2.11% AAOIFI0.0% Usmani0.0% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.0% MSCI Islamic M-Series0.0% FTSE Shariah0.0%
NVDA NVIDIA Corp COMPLIANT 2.10% AAOIFI1.1% Usmani12.1% Dow Jones Islamic0.9% S&P Shariah1.1% MSCI Islamic12.1% MSCI Islamic M-Series1.1% FTSE Shariah10.4%
Rigetti Computing Inc UNSCREENED 2.09% no in-house ratios for this holding
OLED Universal Display Corp NON_COMPLIANT 2.08% AAOIFI0.6% Usmani2.0% Dow Jones Islamic0.4% S&P Shariah0.3% MSCI Islamic1.1% MSCI Islamic M-Series0.3% FTSE Shariah0.0%
NXPI NXP Semiconductors NV COMPLIANT 2.07% AAOIFI22.1% Usmani46.1% Dow Jones Islamic22.1% S&P Shariah22.0% MSCI Islamic46.1% MSCI Islamic M-Series22.0% FTSE Shariah45.1%
QRVO Qorvo Inc COMPLIANT 2.06% AAOIFI18.1% Usmani27.6% Dow Jones Islamic20.6% S&P Shariah18.7% MSCI Islamic27.6% MSCI Islamic M-Series18.7% FTSE Shariah26.6%
QCOM QUALCOMM Inc COMPLIANT 2.04% AAOIFI8.3% Usmani25.7% Dow Jones Islamic8.6% S&P Shariah8.7% MSCI Islamic25.7% MSCI Islamic M-Series8.7% FTSE Shariah25.7%
SYNA Synaptics Inc COMPLIANT 2.03% AAOIFI22.6% Usmani41.7% Dow Jones Islamic28.1% S&P Shariah26.5% MSCI Islamic41.7% MSCI Islamic M-Series26.5% FTSE Shariah39.8%
SWKS Skyworks Solutions Inc COMPLIANT 2.03% AAOIFI6.0% Usmani9.2% Dow Jones Islamic6.4% S&P Shariah5.6% MSCI Islamic9.2% MSCI Islamic M-Series5.6% FTSE Shariah6.7%
RMBS Rambus Inc COMPLIANT 2.02% AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass
FSLR First Solar Inc COMPLIANT 1.99% AAOIFI0.9% Usmani1.4% Dow Jones Islamic0.7% S&P Shariah0.7% MSCI Islamic1.2% MSCI Islamic M-Series0.7% FTSE Shariah0.3%
CRUS Cirrus Logic Inc COMPLIANT 1.98% AAOIFI— Usmani— Dow Jones Islamic— S&P Shariah— MSCI Islamic— MSCI Islamic M-Series— FTSE Shariah—
MPWR Monolithic Power Systems Inc COMPLIANT 1.97% AAOIFI0.0% Usmani0.4% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.4% MSCI Islamic M-Series0.0% FTSE Shariah0.0%
CBRS Cerebras Systems Inc COMPLIANT 1.96% AAOIFI4.0% Usmani12.8% Dow Jones Islamic— S&P Shariah— MSCI Islamic12.8% MSCI Islamic M-Series— FTSE Shariah7.9%
AOSL Alpha & Omega Semiconductor Ltd COMPLIANT 1.87% AAOIFI4.1% Usmani3.3% Dow Jones Islamic3.4% S&P Shariah3.6% MSCI Islamic3.2% MSCI Islamic M-Series3.6% FTSE Shariah0.8%
NVTS Navitas Semiconductor Corp COMPLIANT 1.84% AAOIFI0.1% Usmani0.6% Dow Jones Islamic0.3% S&P Shariah0.3% MSCI Islamic0.5% MSCI Islamic M-Series0.3% FTSE Shariah0.0%
ON ON Semiconductor Corp COMPLIANT 1.80% AAOIFI16.9% Usmani34.9% Dow Jones Islamic18.0% S&P Shariah16.5% MSCI Islamic34.7% MSCI Islamic M-Series16.5% FTSE Shariah33.1%
INDI indie Semiconductor Inc NON_COMPLIANT 1.59% AAOIFI51.7% Usmani51.3% Dow Jones Islamic50.6% S&P Shariah41.2% MSCI Islamic51.3% MSCI Islamic M-Series41.2% FTSE Shariah49.4%
SkyWater Technology Inc UNSCREENED 1.50% no in-house ratios for this holding
KOPN Kopin Corp COMPLIANT 1.15% AAOIFI0.1% Usmani1.1% Dow Jones Islamic0.3% S&P Shariah0.4% MSCI Islamic1.1% MSCI Islamic M-Series0.4% FTSE Shariah0.0%
CEVA Inc UNSCREENED 0.95% no in-house ratios for this holding
Ambiq Micro Inc UNSCREENED 0.89% no in-house ratios for this holding
MRAM Everspin Technologies Inc COMPLIANT 0.62% AAOIFI0.2% Usmani1.0% Dow Jones Islamic0.4% S&P Shariah0.4% MSCI Islamic1.0% MSCI Islamic M-Series0.4% FTSE Shariah1.0%
NVE Corp UNSCREENED 0.40% no in-house ratios for this holding
State Street Global Advisors UNSCREENED 0.08% no in-house ratios for this holding
State Street Global Advisors UNSCREENED 0.01% no in-house ratios for this holding
State Street Global Advisors UNSCREENED 0.01% no in-house ratios for this holding

The published standards disagree about this fund by 32 points of portfolio weight — 65.8% of it passes AAOIFI, 34.3% 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 65.8% ratios fail on 10.7% 31.4% not rated under AAOIFI

41 of 51 listed holdings carry our own per-methodology verdicts (92% of weight). The rest hold a provider verdict with no methodology breakdown, and are counted as rated by none. Of those, 36 (80% of weight) also carry the underlying debt ratio; the rest show a verdict without the figure behind it.

Non-compliant holdingWeight
TE T1 Energy Inc 2.59%
WOLF Wolfspeed Inc 2.34%
OLED Universal Display Corp 2.08%
INDI indie Semiconductor Inc 1.59%

Methodology breakdown computing — it will appear here on its own.

🕌Open research, not a fatwa — verify with your own scholar.

Trade setup

Whether the technical picture shows an edge right now. Separate from the Sharia verdict, which this side never overrides.

SEPARATE FROM SHARIAH
No trade setup shown — a stock that isn't cleanly Sharia-compliant never gets a bullish verdict here.

Why this signal?

The factors behind the read, each shown with the figure it rests on, including the ones pointing the other way.

Structure0 of 5 timeframes bullish · 73.9% aligned
VWAPPrice below VWAP ($475.50)
VolumeRelative volume 6.4× the 20-day average
Momentum10-day rate of change -15.5%

State Street(R) SPDR(R) S&P(R) Semiconductor ETF (XSD) 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.

Market & analysts
Momentum (10d)
-15.5%
rate of change
SMC grade
D · 45
73.9% aligned
D · 45
SMC grade — 73.9% timeframe alignment
-15.5%
Rate of change (10d)

🕌 In-house Compliance Research

Computing the full ratio and business-activity breakdown for XSD — this runs off the critical path so the page paints first. It will appear here on its own.

649.26558.77468.28377.79287.302025-10-212026-04-222026-10-20

Pinch or scroll to zoom · drag to pan — both axes move · double-click to reset

Support & Resistance
S3
454.32
S2
460.48
S1
465.37
PIVOT
471.53
R1
476.42
R2
482.58
R3
487.47

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.

7-day expected range
498.25 – 583.23
±7.86% from 540.74, made 2026-09-26 · resolves 2026-10-03
STRONG BUY
from 19 indicators
61.9% of our last 5789 forecasts landed inside their stated range, and 49.9% called the direction correctly.

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.

STRONG SELL
19 indicators
OscillatorsNEUTRAL
3 buy · 1 neutral · 3 sell
Moving averagesSTRONG SELL
2 buy · 0 neutral · 10 sell
Every indicator, and what it reads
IndicatorValueSignal
RSI (14)36.10NEUTRAL
Stochastic %K (14)12.98BUY
CCI (20)-134.46BUY
Williams %R (14)-87.02BUY
MACD (12,26,9)-8.69SELL
ROC (10)-15.47SELL
Momentum (10)-86.41SELL
EMA (10)492.81SELL
SMA (10)499.29SELL
EMA (20)504.59SELL
SMA (20)518.86SELL
EMA (30)508.03SELL
SMA (30)512.24SELL
EMA (50)511.29SELL
SMA (50)508.50SELL
EMA (100)506.39SELL
SMA (100)534.01SELL
EMA (200)455.50BUY
SMA (200)466.19BUY

About State Street(R) SPDR(R) S&P(R) Semiconductor ETF

In seeking to track the performance of the S&P Semiconductor Select Industry Index (the "index"), the fund employs a sampling strategy. It generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index represents the semiconductors segment of the S&P Total Market Index ("S&P TMI").

Background via Yahoo Finance — informational, not part of the verdict.

Grade verdict

Weak — low conviction, small size or skip

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.

TimeframeBiasBars
📅 Daily BEARISH 42
⏰ 4H BEARISH 33
🕐 1H RANGING 98
⏱ 15-Min RANGING 130
⏲ 5-Min BEARISH 234

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.

-15.5%
Rate of change (10d)
6.4×
Volume vs its 20-day average
-7.19
MACD (no fresh cross)
$475.03
Volume POC (today)
$473.98 – $476.08
Value area

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.

Tell us what's working, what's confusing, or what you want to see next — read by a real person, not a form that goes nowhere.