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.
Direxion Daily Energy Bull 2X Shares ETF · Direxion Shares ETF Trust
30 holdings · as of 2026-04-30 (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 113% of net assets rather than 100%. Shares of the portfolio are shown as shares of that gross exposure.
NON-COMPLIANT At least 19.63% of portfolio weight is in non-compliant holdings — already over the 5% threshold, so the verdict is settled whatever the unmatched 49% turns out to be. Matching more holdings can only raise this share, never lower it.
30 holdings, 20 matched (56% of weight). Portfolio as of 2026-04-30, filed 2026-06-29. Source: SEC Form N-PORT.
0.17% of this portfolio’s income is non-permissible — weighted across holdings, computed over 54% of portfolio weight (19 of 30 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 |
|---|---|---|---|
| DREYFUS GOVERNMENT CASH MANAGE | UNSCREENED | 26.13% | no in-house ratios for this holding |
| XOM EXXON MOBIL CORP | COMPLIANT | 15.09% | AAOIFI6.5% Usmani9.1% Dow Jones Islamic8.5% S&P Shariah9.0% MSCI Islamic9.1% MSCI Islamic M-Series9.0% FTSE Shariah9.1% |
| CVX CHEVRON CORP | COMPLIANT | 11.30% | AAOIFI0.1% Usmani0.1% Dow Jones Islamic0.1% S&P Shariah0.1% MSCI Islamic0.1% MSCI Islamic M-Series0.1% FTSE Shariah0.1% |
| N/A | UNSCREENED | 7.95% | no in-house ratios for this holding |
| N/A | UNSCREENED | 7.24% | no in-house ratios for this holding |
| COP CONOCOPHILLIPS | COMPLIANT | 4.80% | AAOIFI14.4% Usmani18.7% Dow Jones Islamic19.1% S&P Shariah18.8% MSCI Islamic18.7% MSCI Islamic M-Series18.8% FTSE Shariah18.7% |
| SLB LTD | UNSCREENED | 3.14% | no in-house ratios for this holding |
| WMB WILLIAMS COMPANIES INC (THE) | NON_COMPLIANT | 2.97% | AAOIFI35.0% Usmani50.0% Dow Jones Islamic41.0% S&P Shariah47.9% MSCI Islamic50.0% MSCI Islamic M-Series47.9% FTSE Shariah50.0% |
| VLO VALERO ENERGY CORP | COMPLIANT | 2.85% | AAOIFI10.3% Usmani14.1% Dow Jones Islamic17.0% S&P Shariah18.0% MSCI Islamic14.1% MSCI Islamic M-Series18.0% FTSE Shariah14.1% |
| EOG EOG RESOURCES INC | COMPLIANT | 2.82% | AAOIFI10.8% Usmani15.1% Dow Jones Islamic12.6% S&P Shariah12.5% MSCI Islamic15.1% MSCI Islamic M-Series12.5% FTSE Shariah14.5% |
| MPC MARATHON PETROLEUM CORP | NON_COMPLIANT | 2.71% | AAOIFI31.4% Usmani36.4% Dow Jones Islamic59.6% S&P Shariah59.2% MSCI Islamic36.4% MSCI Islamic M-Series59.2% FTSE Shariah34.8% |
| PSX PHILLIPS 66 | NON_COMPLIANT | 2.67% | AAOIFI20.2% Usmani25.1% Dow Jones Islamic36.5% S&P Shariah37.1% MSCI Islamic25.1% MSCI Islamic M-Series37.1% FTSE Shariah25.1% |
| BKR BAKER HUGHES COMPANY | NON_COMPLIANT | 2.54% | AAOIFI— Usmani— Dow Jones Islamic— S&P Shariah— MSCI Islamic— MSCI Islamic M-Series— FTSE Shariah— |
| KMI Kinder Morgan, Inc. | NON_COMPLIANT | 2.38% | AAOIFI46.1% Usmani43.5% Dow Jones Islamic53.0% S&P Shariah61.2% MSCI Islamic43.5% MSCI Islamic M-Series61.2% FTSE Shariah43.5% |
| OKE Oneok Inc. | NON_COMPLIANT | 2.15% | AAOIFI52.4% Usmani46.0% Dow Jones Islamic62.1% S&P Shariah68.1% MSCI Islamic46.0% MSCI Islamic M-Series68.1% FTSE Shariah46.0% |
| TRGP Targa Resources Corp. | NON_COMPLIANT | 2.06% | AAOIFI31.5% Usmani71.4% Dow Jones Islamic46.4% S&P Shariah55.1% MSCI Islamic68.7% MSCI Islamic M-Series55.1% FTSE Shariah68.7% |
| GOLDMAN FINANCIAL | UNSCREENED | 1.85% | no in-house ratios for this holding |
| OXY OCCIDENTAL PETROLEUM CORP | NON_COMPLIANT | 1.61% | AAOIFI24.4% Usmani19.4% Dow Jones Islamic31.4% S&P Shariah30.3% MSCI Islamic18.2% MSCI Islamic M-Series30.3% FTSE Shariah17.1% |
| FANG DIAMONDBACK ENERGY INC | COMPLIANT | 1.48% | AAOIFI22.6% Usmani18.0% Dow Jones Islamic28.3% S&P Shariah31.9% MSCI Islamic18.0% MSCI Islamic M-Series31.9% FTSE Shariah18.0% |
| EQT EQT CORP | COMPLIANT | 1.39% | AAOIFI16.4% Usmani13.7% Dow Jones Islamic18.1% S&P Shariah21.8% MSCI Islamic13.7% MSCI Islamic M-Series21.8% FTSE Shariah13.7% |
| HAL HALLIBURTON COMPANY | COMPLIANT | 1.31% | AAOIFI27.3% Usmani31.7% Dow Jones Islamic34.0% S&P Shariah31.2% MSCI Islamic31.7% MSCI Islamic M-Series31.2% FTSE Shariah27.7% |
| N/A | UNSCREENED | 1.22% | no in-house ratios for this holding |
| DVN DEVON ENERGY CORP | COMPLIANT | 1.18% | AAOIFI22.3% Usmani16.8% Dow Jones Islamic46.9% S&P Shariah45.5% MSCI Islamic16.7% MSCI Islamic M-Series45.5% FTSE Shariah16.1% |
| COTERRA ENERGY INC | UNSCREENED | 1.01% | no in-house ratios for this holding |
| TPL TEXAS PACIFIC LAND CORP | COMPLIANT | 0.95% | AAOIFI0.1% Usmani0.8% Dow Jones Islamic0.1% S&P Shariah0.1% MSCI Islamic0.8% MSCI Islamic M-Series0.1% FTSE Shariah0.0% |
| EXE EXPAND ENERGY CORP | COMPLIANT | 0.90% | AAOIFI22.5% Usmani17.3% Dow Jones Islamic22.5% S&P Shariah27.7% MSCI Islamic17.3% MSCI Islamic M-Series27.7% FTSE Shariah17.0% |
| APA APA CORP | NON_COMPLIANT | 0.53% | AAOIFI25.9% Usmani21.6% Dow Jones Islamic42.6% S&P Shariah41.4% MSCI Islamic21.6% MSCI Islamic M-Series41.4% FTSE Shariah20.8% |
| N/A | UNSCREENED | 0.38% | no in-house ratios for this holding |
| N/A | UNSCREENED | 0.31% | no in-house ratios for this holding |
| GOLDMAN SACHS LIQ ES FD A | UNSCREENED | 0.01% | no in-house ratios for this holding |
The published standards disagree about this fund by 6 points of portfolio weight — 48.9% of it passes AAOIFI, 43.2% passes Dow Jones 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 48.9% ratios fail on 12.3% 51.8% not rated under AAOIFI
ratios pass on 48.9% ratios fail on 12.3% 51.8% not rated under Usmani
ratios pass on 43.2% ratios fail on 16.7% 53.1% not rated under Dow Jones Islamic
ratios pass on 44.5% ratios fail on 16.7% 51.8% not rated under S&P Shariah
ratios pass on 46.0% ratios fail on 15.1% 51.8% not rated under MSCI Islamic
ratios pass on 44.5% ratios fail on 16.7% 51.8% not rated under MSCI Islamic M-Series
ratios pass on 48.9% ratios fail on 12.3% 51.8% not rated under FTSE Shariah
20 of 30 listed holdings carry our own per-methodology verdicts (64% of weight). The rest hold a provider verdict with no methodology breakdown, and are counted as rated by none. Of those, 19 (61% of weight) also carry the underlying debt ratio; the rest show a verdict without the figure behind it.
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.
ERX (ERX) 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 ERX — 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
Classic floor-trader pivots from the last completed daily bar. Highlighted pills are the levels bracketing the current price.
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) | 54.50 | NEUTRAL |
| Stochastic %K (14) | 32.10 | NEUTRAL |
| CCI (20) | 10.66 | NEUTRAL |
| Williams %R (14) | -67.90 | NEUTRAL |
| MACD (12,26,9) | -0.75 | SELL |
| ROC (10) | -1.36 | SELL |
| Momentum (10) | -1.50 | SELL |
| EMA (10) | 110.05 | SELL |
| SMA (10) | 110.82 | SELL |
| EMA (20) | 108.19 | BUY |
| SMA (20) | 108.81 | BUY |
| EMA (30) | 105.76 | BUY |
| SMA (30) | 106.22 | BUY |
| EMA (50) | 101.68 | BUY |
| SMA (50) | 99.82 | BUY |
| EMA (100) | 95.13 | BUY |
| SMA (100) | 93.39 | BUY |
| EMA (200) | 84.28 | BUY |
| SMA (200) | 84.77 | BUY |
The index is provided by S&P Dow Jones Indices and includes domestic companies from the energy sector which includes the following industries: oil, gas and consumable fuels; and energy equipment and services. The fund invests at least 80% of its net assets in financial instruments, such as swap agreements, securities of the index, and ETFs that track the index, that, in combination, provide 2X daily leveraged exposure to the index, consistent with the fund's investment objective. It is non-diversified.
Background via Yahoo Finance — informational, not part of the verdict.
Weak — low conviction, small size or skip
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 | RANGING | 44 |
| ⏰ 4H | BEARISH | 38 |
| 🕐 1H | BEARISH | 98 |
| ⏱ 15-Min | RANGING | 130 |
| ⏲ 5-Min | BULLISH | 234 |
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 2026-09-15 · Asset managers net 904684 (-7677)
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.