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 |
|---|---|---|---|---|
| FMCEFM Compounders Equity ETF | Non-compliant | 86.3% | 31 | 13.7% |
| FMCEXFidelity Advisor Stock Selector Mid Cap Fund | Non-compliant | 81.4% | 207 | 19.4% |
| FMCHXFidelity Mid-Cap Stock Fund | Non-compliant | 81.1% | 179 | 19.0% |
| FMCJXFidelity Mid-Cap Stock Fund | Non-compliant | 81.1% | 179 | 19.0% |
| FMCKXFidelity Advisor Focused Emerging Markets Fund | Non-compliant | 84.6% | 61 | 15.5% |
| FMCLXFederated Hermes Mid-Cap Index Fund | Non-compliant | 85.1% | 401 | 14.9% |
| FMCMXAMCAP Fund | Non-compliant | 93.8% | 121 | 6.2% |
| FMCNXFidelity Mid-Cap Stock Fund | Non-compliant | 81.1% | 179 | 19.0% |
| FMCQXFidelity Mid-Cap Stock Fund | Non-compliant | 81.1% | 179 | 19.0% |
| FMCRXFederated Hermes Mid-Cap Index Fund | Non-compliant | 85.1% | 401 | 14.9% |
| FMCSXFidelity Mid-Cap Stock Fund | Non-compliant | 81.1% | 179 | 19.0% |
| FMCVXFranklin Mutual Small-Mid Cap Value Fund | Non-compliant | 85.6% | 83 | 14.4% |
| FMCWXFidelity Mid-Cap Stock Fund | Non-compliant | 81.1% | 179 | 19.0% |
| FMCXFM Focus Equity ETF | Non-compliant | 83.3% | 32 | 16.7% |
| FMDCXFederated Hermes Mid-Cap Index Fund | Non-compliant | 85.1% | 401 | 14.9% |
| FMDEFidelity Enhanced Mid Cap Core ETF | Non-compliant | 81.8% | 427 | 18.4% |
| FMDGXFidelity Mid Cap Growth Index Fund | Non-compliant | 88.7% | 271 | 11.5% |
| FMDRXFranklin Mutual Global Discovery Fund | Non-compliant | 93.5% | 72 | 6.5% |
| FMEBXAmerican Funds Emerging Markets Bond Fund | Non-compliant | 13.7% | 1053 | 85.1% |
| FMEDFidelity Disruptive Medicine ETF | Non-compliant | 71.8% | 70 | 31.1% |
| FMEFXNuveen Small/Mid Cap Growth Opportunities Fund | Non-compliant | 89.8% | 82 | 10.3% |
| FMETFidelity Metaverse ETF | Non-compliant | 82.9% | 53 | 17.8% |
| FMEUXFranklin Mutual International Value Fund | Non-compliant | 95.8% | 56 | 4.2% |
| FMFFirst Trust Managed Futures Strategy Fund | Non-compliant | 36.8% | 66 | 60.3% |
| FMFAXSelect Materials Portfolio | Non-compliant | 89.2% | 56 | 10.9% |
| FMFCXSelect Materials Portfolio | Non-compliant | 89.2% | 56 | 10.9% |
| FMFEXSelect Materials Portfolio | Non-compliant | 89.2% | 56 | 10.9% |
| FMFLXFidelity SAI Managed Futures Fund | Non-compliant | 46.2% | 369 | 62.1% |
| FMFMXFidelity Advisor Series Equity Growth Fund | Non-compliant | 93.1% | 157 | 6.9% |
| FMFTXSelect Materials Portfolio | Non-compliant | 89.2% | 56 | 10.9% |
| FMGGXFranklin Small-Mid Cap Growth Fund | Non-compliant | 90.2% | 89 | 9.8% |
| FMGIXMFG Core Infrastructure Fund | Non-compliant | 87.7% | 93 | 12.2% |
| FMGKXFidelity Magellan Fund | Non-compliant | 92.0% | 47 | 8.0% |
| FMIEXWasatch Global Value Fund | Non-compliant | 94.2% | 39 | 5.7% |
| FMIFXFMI International Fund II - Currency Unhedged | Non-compliant | 94.7% | 30 | 5.2% |
| FMIGXFMI Global Fund | Non-compliant | 86.5% | 31 | 13.5% |
| FMIHXFMI Large Cap Fund | Non-compliant | 83.7% | 25 | 16.3% |
| FMIJXFMI International Fund | Non-compliant | 93.8% | 39 | 6.1% |
| FMILXFidelity New Millennium Fund | Non-compliant | 92.2% | 133 | 7.8% |
| FMIMXFMI Common Stock Fund | Non-compliant | 75.9% | 28 | 24.1% |
| FMIQXFMI Large Cap Fund | Non-compliant | 83.7% | 25 | 16.3% |
| FMIUXFMI Common Stock Fund | Non-compliant | 75.9% | 28 | 24.1% |
| FMIYXFMI International Fund | Non-compliant | 93.8% | 39 | 6.1% |
| FMKFXFidelity Magellan K6 Fund | Non-compliant | 92.0% | 47 | 8.0% |
| FMKTThe Free Markets ETF | Non-compliant | 87.5% | 51 | 12.5% |
| FMMFXAmerican Funds Mortgage Fund | Non-compliant | 91.1% | 1289 | 10.1% |
| FMMMXAMCAP Fund | Non-compliant | 93.8% | 121 | 6.2% |
| FMPAXFidelity Mid Cap Value Fund | Non-compliant | 88.2% | 185 | 12.1% |
| FMPEXFidelity Mid Cap Value Fund | Non-compliant | 85.8% | 182 | 14.8% |
| FMPFXNuveen Small Cap Growth Opportunities Fund | Non-compliant | 82.5% | 85 | 17.9% |
| FMPOXFidelity Mid Cap Value Fund | Non-compliant | 85.8% | 182 | 14.8% |
| FMPTXFidelity Mid Cap Value Fund | Non-compliant | 88.2% | 185 | 12.1% |
| FMQQFMQQ The Next Frontier Internet ETF | Non-compliant | 87.8% | 38 | 12.3% |
| FMQRXFranklin Mutual Quest Fund | Non-compliant | 77.0% | 97 | 22.9% |
| FMQSXFranklin Mutual Quest Fund | Non-compliant | 77.0% | 97 | 22.9% |
| FMSDXFidelity Advisor Multi-Asset Income Fund | Non-compliant | 76.8% | 255 | 24.2% |
| FMSGXMFG Global Sustainable Fund | Non-compliant | 92.2% | 28 | 7.8% |
| FMSHXFranklin Mutual Shares Fund | Non-compliant | 93.9% | 59 | 6.2% |
| FMSRXMFG Global Sustainable Fund | Non-compliant | 92.2% | 28 | 7.8% |
| FMSTXFederated Hermes MDT Large Cap Value Fund | Non-compliant | 93.7% | 125 | 6.3% |
| FMTIXFranklin Moderate Allocation Fund | Non-compliant | 5.7% | 24 | 97.0% |
| FMTLFirst Trust Indxx Critical Metals ETF | Non-compliant | 94.6% | 46 | 5.4% |
| FMTLXFranklin LifeSmart 2035 Retirement Target Fund | Non-compliant | 5.2% | 21 | 94.8% |
| FMTMMarketDesk Focused U.S. Momentum ETF | Non-compliant | 86.8% | 31 | 13.2% |
| FMTZXFranklin Moderate Allocation Fund | Non-compliant | 5.7% | 24 | 97.0% |
| FMUAXFederated Hermes Muni and Stock Advantage Fund | Non-compliant | 46.8% | 413 | 52.8% |
| FMUCXFederated Hermes Muni and Stock Advantage Fund | Non-compliant | 46.8% | 413 | 52.8% |
| FMUFXFederated Hermes Muni and Stock Advantage Fund | Non-compliant | 46.8% | 413 | 52.8% |
| FMUIXFederated Hermes Muni and Stock Advantage Fund | Non-compliant | 46.8% | 413 | 52.8% |
| FMURXFranklin Mutual International Value Fund | Non-compliant | 95.8% | 56 | 4.2% |
| FMVQXNuveen Mid Cap Value Opportunities Fund | Non-compliant | 90.4% | 65 | 9.6% |
| FMXKXFederated Hermes Max-Cap Index Fund | Non-compliant | 93.0% | 479 | 7.0% |
| FMXSXFederated Hermes Max-Cap Index Fund | Non-compliant | 93.0% | 479 | 7.0% |
| FMYFirst Trust Mortgage Income Fund | Non-compliant | 33.1% | 180 | 70.3% |
| FNARXFidelity Natural Resources Fund | Non-compliant | 82.7% | 48 | 19.5% |
| FNBCXFidelity Advisor Limited Term Bond Fund | Non-compliant | 50.2% | 1119 | 50.2% |
| FNBGXFidelity Long-Term Treasury Bond Index Fund | Non-compliant | 99.1% | 93 | 0.9% |
| FNCFXFranklin Income Fund | Non-compliant | 54.6% | 556 | 44.9% |
| FNCLFidelity MSCI Financials Index ETF | Non-compliant | 95.1% | 386 | 4.9% |
| FNCMXFidelity Nasdaq Composite Index Fund | Non-compliant | 93.6% | 2983 | 6.5% |
| FNCRXFranklin Natural Resources Fund | Non-compliant | 89.3% | 106 | 11.1% |
| FNCSXFranklin Natural Resources Fund | Non-compliant | 89.3% | 106 | 11.1% |
| FNDASchwab Fundamental U.S. Small Company ETF | Non-compliant | 84.0% | 933 | 16.1% |
| FNDBSchwab Fundamental U.S. Broad Market ETF | Non-compliant | 95.6% | 1642 | 4.4% |
| FNDCSchwab Fundamental International Small Equity ETF | Non-compliant | 85.2% | 1583 | 15.4% |
| FNDESchwab Fundamental Emerging Markets Equity ETF | Non-compliant | 93.8% | 373 | 6.2% |
| FNDFSchwab Fundamental International Equity ETF | Non-compliant | 95.0% | 893 | 5.1% |
| FNDMXFidelity Series Sustainable Non-U.S. Developed Markets Fund | Non-compliant | 85.6% | 399 | 14.4% |
| FNDSXFidelity Sustainability Bond Index Fund | Non-compliant | 79.5% | 3506 | 21.0% |
| FNDXSchwab Fundamental U.S. Large Company ETF | Non-compliant | 96.5% | 736 | 3.5% |
| FNEEXNew Economy Fund | Non-compliant | 89.2% | 176 | 10.7% |
| FNEFXNew Economy Fund | Non-compliant | 89.2% | 176 | 10.7% |
| FNFPXNew Perspective Fund | Non-compliant | 94.7% | 295 | 5.3% |
| FNFWXNew World Fund Inc | Non-compliant | 83.8% | 613 | 15.8% |
| FNGAXFranklin International Growth Fund | Non-compliant | 86.3% | 37 | 13.6% |
| FNGDXFranklin International Growth Fund | Non-compliant | 86.3% | 37 | 13.6% |
| FNGRXFranklin International Growth Fund | Non-compliant | 88.7% | 37 | 11.3% |
| FNGZXFranklin International Growth Fund | Non-compliant | 86.3% | 37 | 13.6% |
| FNIAXFidelity Advisor New Insights Fund | Non-compliant | 77.9% | 459 | 22.2% |
| FNICXFidelity Advisor New Insights Fund | Non-compliant | 77.9% | 459 | 22.2% |
Weight is computed from each fund's own filed holdings. Unrated weight is reported, never assumed compliant. Page 57 of 303