ETECETF / FundiShares Breakthrough Environmental Solutions ETF
Verdicts genuinely change. Free email alert the moment ETEC's does — no target price to set, unlike a price alert.
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.
iShares Breakthrough Environmental Solutions ETF ETF · iShares Trust
59 holdings · as of 2026-07-31 (3.3 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 109% of net assets rather than 100%. Shares of the portfolio are shown as shares of that gross exposure.
NON-COMPLIANT 31.71% of portfolio weight is in non-compliant holdings, over the 5% threshold.
59 holdings, 37 matched (84% of weight). Portfolio as of 2026-07-31, filed 2026-09-23. Source: SEC Form N-PORT.
0.85% of this portfolio’s income is non-permissible — weighted across holdings, computed over 84% of portfolio weight (37 of 59 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.
54.5% compliant 0.0% questionable 29.1% non-compliant 16.4% unscreened
All holdings (59)
| Holding | Status | Weight | Every methodology, and the debt ratio behind it |
|---|---|---|---|
| BlackRock Funds III: BlackRock Cash Funds: Institutional; SL Agency Shares | UNSCREENED | 9.00% | no in-house ratios for this holding |
| 6370.T Kurita Water Industries Ltd. | COMPLIANT | 7.05% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahpass |
| OLED UNIVERSAL DISPLAY CORPORATION | NON_COMPLIANT | 6.11% | AAOIFI0.6% Usmani2.0% Dow Jones Islamic0.4% S&P Shariah0.3% MSCI Islamic1.1% MSCI Islamic M-Series0.3% FTSE Shariah0.0% |
| ALGM ALLEGRO MICROSYSTEMS, INC | COMPLIANT | 5.84% | AAOIFI4.5% Usmani22.0% Dow Jones Islamic5.2% S&P Shariah5.3% MSCI Islamic21.5% MSCI Islamic M-Series5.3% FTSE Shariah20.3% |
| BWA BORGWARNER INC. | NON_COMPLIANT | 5.69% | AAOIFI30.1% Usmani29.2% Dow Jones Islamic43.9% S&P Shariah46.5% MSCI Islamic29.2% MSCI Islamic M-Series46.5% FTSE Shariah27.7% |
| 300750.SZ Contemporary Amperex Technology Co., Ltd. | COMPLIANT | 5.10% | AAOIFIpass Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahfail |
| YASKY YASKAWA Electric Corporation | COMPLIANT | 4.12% | AAOIFI10.6% Usmani17.2% Dow Jones Islamic5.2% S&P Shariah4.8% MSCI Islamic15.4% MSCI Islamic M-Series4.8% FTSE Shariah15.4% |
| GEV GE VERNOVA INC. | COMPLIANT | 3.64% | AAOIFI1.1% Usmani3.5% Dow Jones Islamic1.7% S&P Shariah2.0% MSCI Islamic3.5% MSCI Islamic M-Series2.0% FTSE Shariah3.5% |
| KEMIRA.HE Kemira Oyj | COMPLIANT | 3.60% | AAOIFIpass Usmanipass Dow Jones Islamicfail S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass |
| FSLR FIRST SOLAR, INC. | COMPLIANT | 3.53% | AAOIFI0.9% Usmani1.4% Dow Jones Islamic0.7% S&P Shariah0.7% MSCI Islamic1.2% MSCI Islamic M-Series0.7% FTSE Shariah0.3% |
| XYL XYLEM INC. | COMPLIANT | 3.37% | AAOIFI12.0% Usmani17.6% Dow Jones Islamic10.0% S&P Shariah10.3% MSCI Islamic17.6% MSCI Islamic M-Series10.3% FTSE Shariah16.9% |
| NXT NEXTPOWER INC. | COMPLIANT | 3.29% | AAOIFI0.3% Usmani0.9% Dow Jones Islamic0.4% S&P Shariah0.5% MSCI Islamic0.9% MSCI Islamic M-Series0.5% FTSE Shariah0.0% |
| VWS.CO VESTAS WIND SYSTEMS A/S | COMPLIANT | 3.14% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| ENPH ENPHASE ENERGY, INC. | COMPLIANT | 3.01% | AAOIFI11.9% Usmani22.5% Dow Jones Islamic9.1% S&P Shariah6.3% MSCI Islamic22.5% MSCI Islamic M-Series6.3% FTSE Shariah21.0% |
| NDX1.DE Nordex SE | COMPLIANT | 3.00% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass |
| 5333.T NGK Corporation | COMPLIANT | 2.78% | AAOIFIpass Usmanipass Dow Jones Islamicfail S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahpass |
| Ningbo Deye Technology Corp | UNSCREENED | 2.30% | no in-house ratios for this holding |
| TSLA TESLA, INC. | COMPLIANT | 2.30% | AAOIFI1.1% Usmani10.8% Dow Jones Islamic1.3% S&P Shariah1.5% MSCI Islamic10.6% MSCI Islamic M-Series1.5% FTSE Shariah6.1% |
| 601012.SS LONGi Green Energy Technology Co., Ltd. | NON_COMPLIANT | 2.24% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| 1211.HK BYD COMPANY LIMITED | COMPLIANT | 2.10% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| RIVN RIVIAN AUTOMOTIVE, INC. | NON_COMPLIANT | 2.08% | AAOIFI22.4% Usmani35.4% Dow Jones Islamic25.5% S&P Shariah24.9% MSCI Islamic34.7% MSCI Islamic M-Series24.9% FTSE Shariah29.4% |
| 6707.T Sanken Electric Co., Ltd. | NON_COMPLIANT | 1.95% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| LI Li Auto Inc. | NON_COMPLIANT | 1.93% | AAOIFI17.1% Usmani11.5% Dow Jones Islamic5.6% S&P Shariah5.0% MSCI Islamic11.3% MSCI Islamic M-Series5.0% FTSE Shariah6.2% |
| NIO NIO INC. | NON_COMPLIANT | 1.84% | AAOIFI286.3% Usmani25.1% Dow Jones Islamic29.9% S&P Shariah27.9% MSCI Islamic21.1% MSCI Islamic M-Series27.9% FTSE Shariah11.2% |
| XPEV XPENG INC. | NON_COMPLIANT | 1.70% | AAOIFI18.0% Usmani4.8% Dow Jones Islamic1.0% S&P Shariah1.1% MSCI Islamic4.8% MSCI Islamic M-Series1.1% FTSE Shariah3.8% |
| 600066.SS YUTONG BUS CO., LTD. | COMPLIANT | 1.64% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahpass |
| 0666.HK REPT BATTERO Energy Co., Ltd. | NON_COMPLIANT | 1.61% | AAOIFIfail Usmanipass Dow Jones Islamicfail S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass |
| 0968.HK XINYI SOLAR HOLDINGS LIMITED | NON_COMPLIANT | 1.26% | AAOIFIfail Usmanipass Dow Jones Islamicfail S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass |
| Zhejiang Leapmotor Technology Co Ltd | UNSCREENED | 1.24% | no in-house ratios for this holding |
| CALB Group Co., Ltd. | UNSCREENED | 1.13% | no in-house ratios for this holding |
| 603806.SS HANGZHOU FIRST APPLIED MATERIAL CO., LTD. | COMPLIANT | 1.02% | AAOIFIpass Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahfail |
| 002129.SZ TCL Zhonghuan Renewable Energy Technology Co.,Ltd. | NON_COMPLIANT | 0.97% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| Everdisplay Optronics (Shanghai) Co Ltd | UNSCREENED | 0.90% | no in-house ratios for this holding |
| DUK SAN NEOLUX CO.,LTD | UNSCREENED | 0.82% | no in-house ratios for this holding |
| 336260.KS Doosan Fuel Cell Co., Ltd. | COMPLIANT | 0.81% | AAOIFIpass Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahfail |
| 002074.SZ Gotion High-tech Co.,Ltd. | NON_COMPLIANT | 0.78% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| LCID LUCID GROUP, INC. | NON_COMPLIANT | 0.76% | AAOIFI192.4% Usmani47.5% Dow Jones Islamic64.1% S&P Shariah54.9% MSCI Islamic46.1% MSCI Islamic M-Series54.9% FTSE Shariah42.3% |
| Advanced Energy Solution Holding Co Ltd | UNSCREENED | 0.67% | no in-house ratios for this holding |
| Yadea Group Holdings Ltd | UNSCREENED | 0.65% | no in-house ratios for this holding |
| 601127.SS Seres Group Co.,Ltd. | NON_COMPLIANT | 0.55% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| 688223.SS Jinko Solar Co., Ltd. | NON_COMPLIANT | 0.54% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| 2208.HK GOLDWIND SCIENCE&TECHNOLOGY CO., LTD. | NON_COMPLIANT | 0.53% | AAOIFIfail Usmanipass Dow Jones Islamicfail S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass |
| 688599.SS Trina Solar Co., Ltd. | NON_COMPLIANT | 0.44% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| 600732.SS Shanghai Aiko Solar Energy Co., Ltd. | NON_COMPLIANT | 0.40% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| JA Solar Technology Co., Ltd. | UNSCREENED | 0.35% | no in-house ratios for this holding |
| 601615.SS Ming Yang Smart Energy Group Limited | NON_COMPLIANT | 0.33% | AAOIFIfail Usmanipass Dow Jones Islamicfail S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass |
| BAIC BluePark New Energy Technology Co., Ltd. | UNSCREENED | 0.32% | no in-house ratios for this holding |
| Aima Technology Group Co., LTD. | UNSCREENED | 0.24% | no in-house ratios for this holding |
| HONG KONG DOLLAR | UNSCREENED | 0.07% | no in-house ratios for this holding |
| BlackRock Funds III: BlackRock Cash Funds: Treasury; SL Agency Shares | UNSCREENED | 0.04% | no in-house ratios for this holding |
| JAPANESE YEN | UNSCREENED | 0.03% | no in-house ratios for this holding |
| EURO | UNSCREENED | 0.02% | no in-house ratios for this holding |
| KOREAN WON | UNSCREENED | 0.02% | no in-house ratios for this holding |
| CHINESE RENMINBI | UNSCREENED | 0.02% | no in-house ratios for this holding |
| DANISH KRONER | UNSCREENED | 0.01% | no in-house ratios for this holding |
| MICRO EURO STOXX SEP26 | UNSCREENED | 0.00% | no in-house ratios for this holding |
| GREAT BRITISH POUND | UNSCREENED | 0.00% | no in-house ratios for this holding |
| SWEDISH KRONE | UNSCREENED | 0.00% | no in-house ratios for this holding |
| NEW TAIWAN DOLLAR | UNSCREENED | 0.00% | no in-house ratios for this holding |
The published standards disagree about this fund by 22 points of portfolio weight — 62.5% of it passes S&P Shariah, 41.0% 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 61.9% ratios fail on 23.9% 23.1% not rated under AAOIFI
ratios pass on 55.7% ratios fail on 24.4% 28.7% not rated under Usmani
ratios pass on 57.5% ratios fail on 28.3% 23.1% not rated under Dow Jones Islamic
ratios pass on 62.5% ratios fail on 23.3% 23.1% not rated under S&P Shariah
ratios pass on 41.0% ratios fail on 39.2% 28.7% not rated under MSCI Islamic
ratios pass on 54.5% ratios fail on 31.3% 23.1% not rated under MSCI Islamic M-Series
ratios pass on 55.7% ratios fail on 24.4% 28.7% not rated under FTSE Shariah
37 of 59 listed holdings carry our own per-methodology verdicts (91% of weight). The rest hold a provider verdict with no methodology breakdown, and are counted as rated by none. Of those, 15 (49% of weight) also carry the underlying debt ratio; the rest show a verdict without the figure behind it.
| Non-compliant holding | Weight |
|---|---|
| OLED UNIVERSAL DISPLAY CORPORATION | 6.11% |
| BWA BORGWARNER INC. | 5.69% |
| 601012.SS LONGi Green Energy Technology Co., Ltd. | 2.24% |
| RIVN RIVIAN AUTOMOTIVE, INC. | 2.08% |
| 6707.T Sanken Electric Co., Ltd. | 1.95% |
| LI Li Auto Inc. | 1.93% |
| NIO NIO INC. | 1.84% |
| XPEV XPENG INC. | 1.70% |
| 0666.HK REPT BATTERO Energy Co., Ltd. | 1.61% |
| 0968.HK XINYI SOLAR HOLDINGS LIMITED | 1.26% |
Methodology breakdown computing — it will appear here on its own.
Trade setup
Whether the technical picture shows an edge right now. Separate from the Sharia verdict, which this side never overrides.
Why this signal?
The factors behind the read, each shown with the figure it rests on, including the ones pointing the other way.
iShares Breakthrough Environmental Solutions ETF (ETEC) 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.
🕌 In-house Compliance Research
Computing the full ratio and business-activity breakdown for ETEC — 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.
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.
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.
Every indicator, and what it reads
| Indicator | Value | Signal |
|---|---|---|
| RSI (14) | 43.70 | NEUTRAL |
| Stochastic %K (14) | 60.05 | NEUTRAL |
| CCI (20) | -46.33 | NEUTRAL |
| Williams %R (14) | -39.95 | NEUTRAL |
| MACD (12,26,9) | 0.06 | BUY |
| ROC (10) | 0.57 | BUY |
| Momentum (10) | 0.13 | BUY |
| EMA (10) | 22.64 | SELL |
| SMA (10) | 22.55 | BUY |
| EMA (20) | 22.98 | SELL |
| SMA (20) | 22.92 | SELL |
| EMA (30) | 23.35 | SELL |
| SMA (30) | 23.42 | SELL |
| EMA (50) | 24.06 | SELL |
| SMA (50) | 24.07 | SELL |
| EMA (100) | 25.26 | SELL |
| SMA (100) | 25.92 | SELL |
| EMA (200) | 25.99 | SELL |
| SMA (200) | 27.11 | SELL |
About iShares Breakthrough Environmental Solutions ETF
The underlying index measures the performance of equity securities issued by U.S. and non-U.S. companies involved in breakthrough innovations and new technologies that seek to address or combat climate change, as determined by Morningstar or its affiliates. The fund generally will invest at least 90% of its assets in the component securities of the underlying index. The fund is non-diversified.
Background via Yahoo Finance — informational, not part of the verdict.
No real edge — avoid
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.
| Timeframe | Bias | Bars |
|---|---|---|
| 📅 Daily | RANGING | 42 |
| ⏲ 5-Min | BULLISH | 33 |
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.
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 2026-11-03 · Asset managers net 928584 (+5135)
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.