Markets
A fund marketed as Islamic gets the same look-through as any other. HTR reads the filed holdings, screens each one, and reports what it found. Holdings it could not cover are reported as unrated — never counted as a pass.
Compliant first, then non-compliant, then the ones the look-through could not decide — each labelled as such rather than folded in with the failures.
| Fund | Verdict | Look-through coverage | Holdings | Unrated weight |
|---|---|---|---|---|
| AREEXReal Estate Fund | Non-compliant | 85.5% | 37 | 14.7% |
| AREWXReal Estate Fund | Non-compliant | 85.5% | 37 | 14.7% |
| ARFFXAriel Focus Fund | Non-compliant | 84.0% | 30 | 16.0% |
| ARGFXAriel Fund | Non-compliant | 84.5% | 36 | 15.5% |
| ARGTGlobal X MSCI Argentina ETF | Non-compliant | 62.7% | 33 | 39.5% |
| ARGYXInvesco Global Real Estate Fund | Non-compliant | 83.0% | 76 | 17.0% |
| ARHBXArtisan International Explorer Fund | Non-compliant | 69.9% | 46 | 30.0% |
| ARIBXAristotle Small Cap Equity Fund | Non-compliant | 71.3% | 99 | 28.7% |
| ARIDXAMG River Road Dividend All Cap Value Fund | Non-compliant | 92.5% | 64 | 7.7% |
| ARIFXAristotle International Equity Fund | Non-compliant | 84.5% | 41 | 15.4% |
| ARIGXAristotle Growth Equity Fund | Non-compliant | 97.1% | 46 | 2.9% |
| ARIHXAristotle Small/Mid Cap Equity Fund | Non-compliant | 74.3% | 105 | 25.7% |
| ARIIXAB Global Real Estate Investment Fund II | Non-compliant | 83.0% | 132 | 17.3% |
| ARILXAristotle Core Equity Fund | Non-compliant | 96.0% | 56 | 4.0% |
| ARIMXAMG River Road Small-Mid Cap Value Fund | Non-compliant | 88.6% | 78 | 11.6% |
| ARINXArcher Income Fund | Non-compliant | 50.7% | 144 | 48.6% |
| ARIOXAristotle Saul/Global Equity Fund | Non-compliant | 88.1% | 49 | 11.8% |
| ARIQXAristotle Value Equity Fund | Non-compliant | 87.4% | 47 | 13.1% |
| ARKFARK Blockchain & Fintech Innovation ETF | Non-compliant | 88.6% | 41 | 11.4% |
| ARKGARK Genomic Revolution ETF | Non-compliant | 88.9% | 33 | 11.0% |
| ARKKARK Innovation ETF | Non-compliant | 87.4% | 47 | 12.6% |
| ARKQARK Autonomous Technology & Robotics ETF | Non-compliant | 84.8% | 41 | 15.3% |
| ARKWARK Next Generation Internet ETF | Non-compliant | 85.2% | 44 | 14.9% |
| ARKXARK Space & Defense Innovation ETF | Non-compliant | 80.7% | 36 | 19.3% |
| ARMGXWestern Asset Ultra-Short Income Fund | Non-compliant | 43.8% | 547 | 55.9% |
| ARMIXARGA Emerging Markets Value Fund | Non-compliant | 88.5% | 88 | 10.8% |
| ARMLXWestern Asset Ultra-Short Income Fund | Non-compliant | 43.8% | 547 | 55.9% |
| ARMVXARGA Emerging Markets Value Fund | Non-compliant | 88.5% | 88 | 10.8% |
| ARMWRoundhill ARM WeeklyPay ETF | Non-compliant | 78.2% | 4 | 21.8% |
| ARMYTema International Defense ETF | Non-compliant | 89.0% | 34 | 11.0% |
| ARMZXWestern Asset Ultra-Short Income Fund | Non-compliant | 43.8% | 547 | 55.9% |
| ARRBXAristotle Small Cap Equity Fund | Non-compliant | 71.3% | 99 | 28.7% |
| ARREXReal Estate Fund | Non-compliant | 85.5% | 37 | 14.7% |
| ARRFXAMG River Road Focused Absolute Value Fund | Non-compliant | 92.4% | 31 | 7.6% |
| ARRQXAristotle Value Equity Fund | Non-compliant | 87.4% | 47 | 13.1% |
| ARRZXAMG River Road Focused Absolute Value Fund | Non-compliant | 92.4% | 31 | 7.6% |
| ARSIXAMG River Road Small Cap Value Fund | Non-compliant | 88.1% | 66 | 11.9% |
| ARSKXArcher Stock Fund | Non-compliant | 97.3% | 43 | 2.7% |
| ARSMXAMG River Road Small-Mid Cap Value Fund | Non-compliant | 88.6% | 78 | 11.6% |
| ARSTXNuveen Small Cap Select Fund | Non-compliant | 81.4% | 90 | 18.6% |
| ARSVXAMG River Road Small Cap Value Fund | Non-compliant | 88.1% | 66 | 11.9% |
| ARSZXAMG River Road Small-Mid Cap Value Fund | Non-compliant | 88.6% | 78 | 11.6% |
| ARTBXArtisan International Explorer Fund | Non-compliant | 69.9% | 46 | 30.0% |
| ARTFXArtisan High Income Fund | Non-compliant | 14.6% | 284 | 85.6% |
| ARTGXArtisan Global Value Fund | Non-compliant | 92.7% | 46 | 7.3% |
| ARTHXArtisan Global Equity Fund | Non-compliant | 89.6% | 78 | 10.6% |
| ARTIXArtisan International Fund | Non-compliant | 96.3% | 88 | 3.7% |
| ARTJXArtisan International Small-Mid Fund | Non-compliant | 83.9% | 121 | 16.0% |
| ARTKXArtisan International Value Fund | Non-compliant | 82.1% | 66 | 17.8% |
| ARTLXArtisan Value Fund | Non-compliant | 95.3% | 48 | 4.7% |
| ARTMXArtisan Mid Cap Fund | Non-compliant | 89.9% | 64 | 10.0% |
| ARTNXArtisan Select Equity Fund | Non-compliant | 79.7% | 25 | 20.3% |
| ARTQXArtisan Mid Cap Value Fund | Non-compliant | 84.5% | 52 | 15.2% |
| ARTRXArtisan Global Opportunities Fund | Non-compliant | 93.5% | 58 | 6.4% |
| ARTSXArtisan Small Cap Fund | Non-compliant | 87.8% | 59 | 12.1% |
| ARTTXArtisan Focus Fund | Non-compliant | 90.4% | 56 | 9.8% |
| ARTYiShares Future AI & Tech ETF | Non-compliant | 82.2% | 64 | 18.9% |
| ARTYXArtisan Developing World Fund | Non-compliant | 97.1% | 45 | 2.9% |
| ARTZXArtisan Sustainable Emerging Markets Fund | Non-compliant | 87.1% | 85 | 13.0% |
| ARUIXARGA Value Fund | Non-compliant | 98.0% | 48 | 2.0% |
| ARUVXARGA Value Fund | Non-compliant | 98.0% | 48 | 2.0% |
| ARVIXARGA International Value Fund | Non-compliant | 85.8% | 78 | 14.1% |
| ARVRFirst Trust Indxx Metaverse ETF | Non-compliant | 95.3% | 43 | 4.7% |
| ARVVXARGA International Value Fund | Non-compliant | 85.8% | 78 | 14.1% |
| ARYCXReal Estate Fund | Non-compliant | 85.5% | 37 | 14.7% |
| ARYDXGlobal Real Estate Fund | Non-compliant | 86.0% | 56 | 14.4% |
| ARYEXReal Estate Fund | Non-compliant | 85.5% | 37 | 14.7% |
| ARYGXGlobal Real Estate Fund | Non-compliant | 86.0% | 56 | 14.4% |
| ARYMXGlobal Real Estate Fund | Non-compliant | 86.0% | 56 | 14.4% |
| ARYNXGlobal Real Estate Fund | Non-compliant | 86.0% | 56 | 14.4% |
| ARYTXGlobal Real Estate Fund | Non-compliant | 86.0% | 56 | 14.4% |
| ARYVXGlobal Real Estate Fund | Non-compliant | 86.0% | 56 | 14.4% |
| ARYWXGlobal Real Estate Fund | Non-compliant | 86.0% | 56 | 14.4% |
| ARYYXGlobal Real Estate Fund | Non-compliant | 86.0% | 56 | 14.4% |
| ARZDXAMG River Road Dividend All Cap Value Fund | Non-compliant | 92.5% | 64 | 7.7% |
| ARZMXAMG River Road Small Cap Value Fund | Non-compliant | 88.1% | 66 | 11.9% |
| ASAASA Gold and Precious Metals LTD Fund | Non-compliant | 45.1% | 125 | 54.8% |
| ASADXShort Duration Strategic Income Fund | Non-compliant | 38.6% | 412 | 62.5% |
| ASAMXStrategic Allocation: Moderate Fund | Non-compliant | 36.1% | 1252 | 68.0% |
| ASAUXStrategic Allocation: Aggressive Fund | Non-compliant | 31.1% | 1186 | 73.8% |
| ASBAXShort-Term Bond Fund of America | Non-compliant | 48.4% | 1460 | 53.1% |
| ASBCXShort-Term Bond Fund of America | Non-compliant | 48.4% | 1460 | 53.1% |
| ASBFXShort-Term Bond Fund of America | Non-compliant | 48.4% | 1460 | 53.1% |
| ASCDXShort Duration Strategic Income Fund | Non-compliant | 38.6% | 412 | 62.5% |
| ASCEAllspring SMID Core ETF | Non-compliant | 90.4% | 56 | 9.7% |
| ASCFXVirtus Small-Cap Fund | Non-compliant | 86.3% | 252 | 13.3% |
| ASCGXLISANTI SMALL CAP GROWTH FUND | Non-compliant | 80.8% | 89 | 19.2% |
| ASCLXAB Select US Long/Short Portfolio | Non-compliant | 54.1% | 94 | 46.6% |
| ASCQXSmall Company Fund | Non-compliant | 85.8% | 309 | 14.3% |
| ASCRXSmall Company Fund | Non-compliant | 85.8% | 309 | 14.3% |
| ASCYXALGER SMALL CAP GROWTH FUND | Non-compliant | 78.0% | 113 | 22.1% |
| ASCZXALGER SMALL CAP GROWTH FUND | Non-compliant | 78.0% | 113 | 22.1% |
| ASDDefiance Autism Impact ETF | Non-compliant | 79.3% | 39 | 20.7% |
| ASDAXAAM HIMCO Short Duration Income Fund | Non-compliant | 40.7% | 308 | 59.1% |
| ASDCXAAM HIMCO Short Duration Income Fund | Non-compliant | 40.7% | 308 | 59.1% |
| ASDDXShort Duration Fund | Non-compliant | 55.9% | 287 | 44.6% |
| ASDHXShort Duration Strategic Income Fund | Non-compliant | 38.6% | 412 | 62.5% |
| ASDIXAAM HIMCO Short Duration Income Fund | Non-compliant | 40.7% | 308 | 59.1% |
| ASDJXShort Duration Strategic Income Fund | Non-compliant | 38.6% | 412 | 62.5% |
| ASDOXShort Duration Fund | Non-compliant | 55.9% | 287 | 44.6% |
Weight is computed from each fund's own filed holdings. Unrated weight is reported, never assumed compliant. Page 13 of 304