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FH

FHYS

ETF / Fund Federated Hermes Short Duration High Yield ETF
$22.87
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Sharia status
NOT COMPLIANT
Screened by look-through to its filed holdings — 20% of portfolio weight covered
Fund look-through

Federated Hermes Short Duration High Yield ETF ETF · Federated Hermes ETF Trust

262 holdings · as of 2026-05-31 (3.6 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 101% of net assets rather than 100%. Shares of the portfolio are shown as shares of that gross exposure.

NON-COMPLIANT At least 14.31% of portfolio weight is in non-compliant holdings — already over the 5% threshold, so the verdict is settled whatever the unmatched 81% turns out to be. Matching more holdings can only raise this share, never lower it.

262 holdings, 57 matched (20% of weight). Portfolio as of 2026-05-31, filed 2026-07-27. Source: SEC Form N-PORT.

0.50% of this portfolio’s income is non-permissible — weighted across holdings, computed over 20% of portfolio weight (56 of 262 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.

All holdings (262) · showing 1–250
HoldingStatusWeightEvery methodology, and the debt ratio behind it
FEDERATED HERMES MONEY MARKET OBLIGATIONS TRUST UNSCREENED 3.92% no in-house ratios for this holding
CCO HLDGS LLC/CAP CORP UNSCREENED 1.22% no in-house ratios for this holding
BROADSTREET PARTNERS GRP UNSCREENED 1.01% no in-house ratios for this holding
MADISON IAQ LLC UNSCREENED 0.98% no in-house ratios for this holding
TRANSDIGM INC UNSCREENED 0.96% no in-house ratios for this holding
HUB INTERNATIONAL LTD UNSCREENED 0.95% no in-house ratios for this holding
ARDONAGH FINCO LTD UNSCREENED 0.94% no in-house ratios for this holding
ENR ENERGIZER HOLDINGS INC NON_COMPLIANT 0.85% AAOIFI233.9% Usmani76.2% Dow Jones Islamic205.2% S&P Shariah194.6% MSCI Islamic76.1% MSCI Islamic M-Series194.6% FTSE Shariah74.0%
PARAMOUNT GLOBAL UNSCREENED 0.85% no in-house ratios for this holding
OLYMPUS WTR US HLDG CORP UNSCREENED 0.84% no in-house ratios for this holding
USA COM PART/USA COM FIN UNSCREENED 0.80% no in-house ratios for this holding
VENTURE GLOBAL PLAQUE UNSCREENED 0.80% no in-house ratios for this holding
USI INC/NY UNSCREENED 0.79% no in-house ratios for this holding
AMWINS GROUP INC UNSCREENED 0.79% no in-house ratios for this holding
ANTERO MIDSTREAM PART/FI UNSCREENED 0.78% no in-house ratios for this holding
CLOUD SOFTWARE GRP INC UNSCREENED 0.77% no in-house ratios for this holding
GARDA WORLD SECURITY UNSCREENED 0.76% no in-house ratios for this holding
SS&C TECHNOLOGIES INC UNSCREENED 0.75% no in-house ratios for this holding
1011778 BC / NEW RED FIN UNSCREENED 0.75% no in-house ratios for this holding
STANDARD INDUSTRI INC/NY UNSCREENED 0.74% no in-house ratios for this holding
MGM MGM RESORTS INTL NON_COMPLIANT 0.74% AAOIFI288.8% Usmani75.7% Dow Jones Islamic297.5% S&P Shariah266.6% MSCI Islamic75.2% MSCI Islamic M-Series266.6% FTSE Shariah15.2%
ROCKET SOFTWARE INC UNSCREENED 0.74% no in-house ratios for this holding
PR RNO PROPERTY OWNER 1 UNSCREENED 0.73% no in-house ratios for this holding
GRF.MC GRIFOLS SA NON_COMPLIANT 0.72% AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail
IHO VERWALTUNGS GMBH UNSCREENED 0.71% no in-house ratios for this holding
CCO HLDGS LLC/CAP CORP UNSCREENED 0.69% no in-house ratios for this holding
CHDN CHURCHILL DOWNS INC NON_COMPLIANT 0.68% AAOIFI79.8% Usmani63.5% Dow Jones Islamic63.2% S&P Shariah58.8% MSCI Islamic63.5% MSCI Islamic M-Series58.8% FTSE Shariah63.5%
CROSSCOUNTRY INTER UNSCREENED 0.67% no in-house ratios for this holding
THC TENET HEALTHCARE CORP NON_COMPLIANT 0.66% AAOIFI63.5% Usmani43.2% Dow Jones Islamic83.2% S&P Shariah95.3% MSCI Islamic43.2% MSCI Islamic M-Series95.3% FTSE Shariah43.2%
JONES DESLAURIERS INSURA UNSCREENED 0.65% no in-house ratios for this holding
UNITED RENTALS NORTH AM UNSCREENED 0.65% no in-house ratios for this holding
TALLGRASS NRG PRTNR/FIN UNSCREENED 0.63% no in-house ratios for this holding
ALBERTSONS COS/SAFEWAY UNSCREENED 0.62% no in-house ratios for this holding
TRIVIUM PACKAGING FIN UNSCREENED 0.62% no in-house ratios for this holding
WULF COMPUTE LLC UNSCREENED 0.62% no in-house ratios for this holding
HILTON DOMESTIC OPERATIN UNSCREENED 0.60% no in-house ratios for this holding
TRANSDIGM INC UNSCREENED 0.60% no in-house ratios for this holding
CONSENSUS CLOUD SOLUTION UNSCREENED 0.59% no in-house ratios for this holding
WESCO DISTRIBUTION INC UNSCREENED 0.58% no in-house ratios for this holding
NCL CORPORATION LTD UNSCREENED 0.58% no in-house ratios for this holding
SV RNO PROPERTY OWNER 1 LLC UNSCREENED 0.58% no in-house ratios for this holding
XPLR INFRAST OPERATING UNSCREENED 0.58% no in-house ratios for this holding
ALLIANT HOLD / CO-ISSUER UNSCREENED 0.57% no in-house ratios for this holding
SENSATA TECH INC UNSCREENED 0.57% no in-house ratios for this holding
PAREXEL International Corp UNSCREENED 0.57% no in-house ratios for this holding
CNX MIDSTREAM PART LP UNSCREENED 0.57% no in-house ratios for this holding
NBR NABORS INDUSTRIES INC NON_COMPLIANT 0.56% AAOIFI154.2% Usmani48.2% Dow Jones Islamic251.0% S&P Shariah247.4% MSCI Islamic48.2% MSCI Islamic M-Series247.4% FTSE Shariah48.0%
MAXAM PRILL SARL UNSCREENED 0.55% no in-house ratios for this holding
BLUE RACER MID LLC/FINAN UNSCREENED 0.55% no in-house ratios for this holding
LIGHT & WONDER INTL INC UNSCREENED 0.55% no in-house ratios for this holding
MIWD HLDCO II/MIWD FIN UNSCREENED 0.55% no in-house ratios for this holding
MTDR MATADOR RESOURCES CO NON_COMPLIANT 0.54% AAOIFI57.6% Usmani31.2% Dow Jones Islamic69.1% S&P Shariah66.4% MSCI Islamic31.2% MSCI Islamic M-Series66.4% FTSE Shariah31.2%
FORTRESS INTERMEDIATE UNSCREENED 0.54% no in-house ratios for this holding
BALDWIN INSUR GRP/FIN UNSCREENED 0.54% no in-house ratios for this holding
CLARIV SCI HLD CORP UNSCREENED 0.54% no in-house ratios for this holding
BRBR BELLRING BRANDS INC NON_COMPLIANT 0.53% AAOIFI94.0% Usmani107.9% Dow Jones Islamic20.9% S&P Shariah19.1% MSCI Islamic107.9% MSCI Islamic M-Series19.1% FTSE Shariah107.9%
ORGANON & CO/ORGANON FOR UNSCREENED 0.53% no in-house ratios for this holding
DISCOVERY HOLDINGS INC UNSCREENED 0.53% no in-house ratios for this holding
MIDWEST GMNG BOR/MWG FIN UNSCREENED 0.52% no in-house ratios for this holding
SM SM ENERGY CO COMPLIANT 0.52% AAOIFI0.0% Usmani0.0% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.0% MSCI Islamic M-Series0.0% FTSE Shariah0.0%
SUBURBAN PROPANE PARTNRS UNSCREENED 0.51% no in-house ratios for this holding
HRI HERC HOLDINGS INC NON_COMPLIANT 0.51% AAOIFI200.8% Usmani69.0% Dow Jones Islamic211.0% S&P Shariah223.1% MSCI Islamic69.0% MSCI Islamic M-Series223.1% FTSE Shariah57.7%
CLARIOS GLOBAL LP/US FIN UNSCREENED 0.50% no in-house ratios for this holding
RHP HOTEL PPTY/RHP FINAN UNSCREENED 0.50% no in-house ratios for this holding
QXO BUILDING PRODUCTS UNSCREENED 0.50% no in-house ratios for this holding
QUIKRETE HOLDINGS INC UNSCREENED 0.50% no in-house ratios for this holding
BELRON UK FINANCE PLC UNSCREENED 0.49% no in-house ratios for this holding
KGS KODIAK GAS SERVICES LLC NON_COMPLIANT 0.49% AAOIFI43.8% Usmani51.2% Dow Jones Islamic74.1% S&P Shariah90.9% MSCI Islamic50.3% MSCI Islamic M-Series90.9% FTSE Shariah49.5%
CLF CLEVELAND-CLIFFS INC NON_COMPLIANT 0.49% AAOIFI108.0% Usmani38.3% Dow Jones Islamic138.4% S&P Shariah117.6% MSCI Islamic38.3% MSCI Islamic M-Series117.6% FTSE Shariah38.3%
Grifols International Services USA Inc UNSCREENED 0.49% no in-house ratios for this holding
OAK-Eagle Acquireco Inc UNSCREENED 0.49% no in-house ratios for this holding
ASCENT RESOURCES/ARU FIN UNSCREENED 0.49% no in-house ratios for this holding
ENSEMBLE RCM LLC UNSCREENED 0.49% no in-house ratios for this holding
NRG NRG ENERGY INC NON_COMPLIANT 0.49% AAOIFI85.9% Usmani53.8% Dow Jones Islamic81.4% S&P Shariah98.7% MSCI Islamic53.8% MSCI Islamic M-Series98.7% FTSE Shariah53.3%
AMYNTA AGENCY BORROWER INC UNSCREENED 0.48% no in-house ratios for this holding
CDE COEUR MINING INC COMPLIANT 0.48% AAOIFI0.0% Usmani0.1% Dow Jones Islamic0.1% S&P Shariah0.2% MSCI Islamic0.1% MSCI Islamic M-Series0.2% FTSE Shariah0.0%
AHP HEALTH PARTN UNSCREENED 0.48% no in-house ratios for this holding
TGNR INTERMEDIATE HOLDIN UNSCREENED 0.48% no in-house ratios for this holding
HQY HEALTHEQUITY INC COMPLIANT 0.47% AAOIFI12.2% Usmani29.7% Dow Jones Islamic12.2% S&P Shariah13.0% MSCI Islamic29.7% MSCI Islamic M-Series13.0% FTSE Shariah28.5%
ABG ASBURY AUTOMOTIVE GROUP NON_COMPLIANT 0.47% AAOIFI96.6% Usmani32.3% Dow Jones Islamic82.3% S&P Shariah82.1% MSCI Islamic32.3% MSCI Islamic M-Series82.1% FTSE Shariah30.3%
ROCKETMTGE CO-ISSUER INC UNSCREENED 0.47% no in-house ratios for this holding
1261229 BC Ltd UNSCREENED 0.47% no in-house ratios for this holding
CZR Caesars Entertainment Inc NON_COMPLIANT 0.46% AAOIFI193.4% Usmani78.3% Dow Jones Islamic192.1% S&P Shariah165.8% MSCI Islamic36.9% MSCI Islamic M-Series165.8% FTSE Shariah36.9%
CP ATLAS BUYER INC UNSCREENED 0.46% no in-house ratios for this holding
Seagate Data Storage Technology Pte Ltd UNSCREENED 0.46% no in-house ratios for this holding
XHR LP UNSCREENED 0.45% no in-house ratios for this holding
CRWV COREWEAVE INC NON_COMPLIANT 0.45% AAOIFI74.8% Usmani53.7% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic53.4% MSCI Islamic M-Seriesfail FTSE Shariah32.3%
RIVERS ENT BORROWER LLC UNSCREENED 0.44% no in-house ratios for this holding
WR GRACE HOLDING LLC UNSCREENED 0.44% no in-house ratios for this holding
MEDLINE BORROWER LP UNSCREENED 0.44% no in-house ratios for this holding
TERRAFORM POWER OPERATIN UNSCREENED 0.44% no in-house ratios for this holding
GRAPHIC PACKAGING INTERN UNSCREENED 0.44% no in-house ratios for this holding
LAD LITHIA MOTORS INC NON_COMPLIANT 0.44% AAOIFI123.1% Usmani39.9% Dow Jones Islamic131.6% S&P Shariah134.2% MSCI Islamic39.9% MSCI Islamic M-Series134.2% FTSE Shariah37.4%
UKG INC UNSCREENED 0.43% no in-house ratios for this holding
BYD BOYD GAMING CORP NON_COMPLIANT 0.42% AAOIFI58.6% Usmani48.7% Dow Jones Islamic52.0% S&P Shariah53.8% MSCI Islamic48.7% MSCI Islamic M-Series53.8% FTSE Shariah39.1%
APLD COMPUTECO LLC UNSCREENED 0.42% no in-house ratios for this holding
ESTC ELASTIC NV COMPLIANT 0.42% AAOIFI6.2% Usmani19.8% Dow Jones Islamic7.2% S&P Shariah6.7% MSCI Islamic19.8% MSCI Islamic M-Series6.7% FTSE Shariah19.0%
AVANTOR FUNDING INC UNSCREENED 0.42% no in-house ratios for this holding
VIAV VIAVI SOLUTIONS INC COMPLIANT 0.42% AAOIFI11.3% Usmani41.5% Dow Jones Islamic24.0% S&P Shariah29.9% MSCI Islamic41.5% MSCI Islamic M-Series29.9% FTSE Shariah40.0%
STATION CASINOS LLC UNSCREENED 0.42% no in-house ratios for this holding
GO DADDY OPCO/FINCO UNSCREENED 0.41% no in-house ratios for this holding
SE COSMOS LLC UNSCREENED 0.41% no in-house ratios for this holding
CIPHER COMPUTE LLC UNSCREENED 0.41% no in-house ratios for this holding
KXIAY KIOXIA HOLDINGS CORP COMPLIANT 0.40% AAOIFI Usmani Dow Jones Islamic S&P Shariah MSCI Islamic MSCI Islamic M-Series FTSE Shariah
GATES CORPORATION/DE UNSCREENED 0.40% no in-house ratios for this holding
CELANESE US HOLDINGS LLC UNSCREENED 0.40% no in-house ratios for this holding
US FOODS INC UNSCREENED 0.40% no in-house ratios for this holding
Charter Next Generation Inc UNSCREENED 0.39% no in-house ratios for this holding
CCL CARNIVAL CORP LTD NON_COMPLIANT 0.39% AAOIFI83.4% Usmani51.4% Dow Jones Islamic87.3% S&P Shariah102.4% MSCI Islamic51.4% MSCI Islamic M-Series102.4% FTSE Shariah49.0%
APLD COMPUTECO 2 LLC UNSCREENED 0.39% no in-house ratios for this holding
CANPACK GROUP INC/SA UNSCREENED 0.39% no in-house ratios for this holding
CYPRIUM CORP/CYPRIUM HOL UNSCREENED 0.39% no in-house ratios for this holding
WHITE CAP SUPPLY HOLDING UNSCREENED 0.39% no in-house ratios for this holding
COHR COHERENT CORP COMPLIANT 0.39% AAOIFI6.0% Usmani19.3% Dow Jones Islamic12.1% S&P Shariah15.9% MSCI Islamic19.3% MSCI Islamic M-Series15.9% FTSE Shariah17.6%
Hopper Merger Sub Inc UNSCREENED 0.39% no in-house ratios for this holding
H.B. FULLER CO UNSCREENED 0.39% no in-house ratios for this holding
GMAB.CO Genmab A/S COMPLIANT 0.38% AAOIFIpass Usmanifail Dow Jones Islamicfail S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahfail
1011778 BC / NEW RED FIN UNSCREENED 0.37% no in-house ratios for this holding
SUNRISE FINCO I BV UNSCREENED 0.37% no in-house ratios for this holding
LAMAR MEDIA CORP UNSCREENED 0.37% no in-house ratios for this holding
WYNN RESORTS FINANCE LLC UNSCREENED 0.36% no in-house ratios for this holding
ALLIED UNIVERSAL HOLDCO UNSCREENED 0.36% no in-house ratios for this holding
AXALTA COATING SYSTEMS D UNSCREENED 0.36% no in-house ratios for this holding
THC TENET HEALTHCARE CORP NON_COMPLIANT 0.35% AAOIFI63.5% Usmani43.2% Dow Jones Islamic83.2% S&P Shariah95.3% MSCI Islamic43.2% MSCI Islamic M-Series95.3% FTSE Shariah43.2%
IRM IRON MOUNTAIN INC NON_COMPLIANT 0.35% AAOIFI57.3% Usmani93.4% Dow Jones Islamic66.1% S&P Shariah73.7% MSCI Islamic90.9% MSCI Islamic M-Series73.7% FTSE Shariah79.0%
GEN GEN DIGITAL INC NON_COMPLIANT 0.35% AAOIFI44.3% Usmani52.6% Dow Jones Islamic51.3% S&P Shariah54.5% MSCI Islamic52.6% MSCI Islamic M-Series54.5% FTSE Shariah52.1%
CLH CLEAN HARBORS INC COMPLIANT 0.35% AAOIFI18.2% Usmani43.3% Dow Jones Islamic22.6% S&P Shariah24.5% MSCI Islamic40.3% MSCI Islamic M-Series24.5% FTSE Shariah36.7%
CROWN AMERICAS LLC UNSCREENED 0.34% no in-house ratios for this holding
Allied Universal Holdco LLC UNSCREENED 0.34% no in-house ratios for this holding
BRINK'S CO/THE UNSCREENED 0.34% no in-house ratios for this holding
ROCKIES EXPRESS PIPELINE UNSCREENED 0.34% no in-house ratios for this holding
ABC SUPPLY CO INC UNSCREENED 0.33% no in-house ratios for this holding
VMED O2 UK FINAN UNSCREENED 0.33% no in-house ratios for this holding
HUB International Ltd UNSCREENED 0.33% no in-house ratios for this holding
Clydesdale Acquisition Holdings Inc UNSCREENED 0.31% no in-house ratios for this holding
VOLTAGRID LLC UNSCREENED 0.30% no in-house ratios for this holding
DEXKO GLOBAL INC UNSCREENED 0.30% no in-house ratios for this holding
RKT ROCKET COS INC NON_COMPLIANT 0.30% AAOIFI27.1% Usmani17.7% Dow Jones Islamic24.8% S&P Shariah26.9% MSCI Islamic17.7% MSCI Islamic M-Series26.9% FTSE Shariah17.7%
RKT ROCKET COS INC NON_COMPLIANT 0.30% AAOIFI27.1% Usmani17.7% Dow Jones Islamic24.8% S&P Shariah26.9% MSCI Islamic17.7% MSCI Islamic M-Series26.9% FTSE Shariah17.7%
CHRD CHORD ENERGY CORP COMPLIANT 0.30% AAOIFI18.8% Usmani11.0% Dow Jones Islamic23.8% S&P Shariah23.8% MSCI Islamic11.0% MSCI Islamic M-Series23.8% FTSE Shariah10.8%
ENTG ENTEGRIS INC COMPLIANT 0.30% AAOIFI16.5% Usmani42.3% Dow Jones Islamic22.1% S&P Shariah21.4% MSCI Islamic42.1% MSCI Islamic M-Series21.4% FTSE Shariah41.1%
MAUSER PACKAGING SOLUT UNSCREENED 0.30% no in-house ratios for this holding
TOPBUILD CORP UNSCREENED 0.29% no in-house ratios for this holding
EDGED COMPUTE LLC UNSCREENED 0.29% no in-house ratios for this holding
Bond US Bidco 1 Inc UNSCREENED 0.29% no in-house ratios for this holding
AHEAD DB HOLDINGS LLC UNSCREENED 0.29% no in-house ratios for this holding
GB AIT Buyer Inc UNSCREENED 0.29% no in-house ratios for this holding
BYD BOYD GAMING CORP NON_COMPLIANT 0.29% AAOIFI58.6% Usmani48.7% Dow Jones Islamic52.0% S&P Shariah53.8% MSCI Islamic48.7% MSCI Islamic M-Series53.8% FTSE Shariah39.1%
SIRIUS XM RADIO LLC UNSCREENED 0.29% no in-house ratios for this holding
Lavender US HoldCo 1 Inc UNSCREENED 0.29% no in-house ratios for this holding
Cloud Software Group Inc UNSCREENED 0.29% no in-house ratios for this holding
Ping Identity Holding Corp UNSCREENED 0.29% no in-house ratios for this holding
ELLUCIAN HOLDINGS INC UNSCREENED 0.29% no in-house ratios for this holding
ENTG ENTEGRIS INC COMPLIANT 0.29% AAOIFI16.5% Usmani42.3% Dow Jones Islamic22.1% S&P Shariah21.4% MSCI Islamic42.1% MSCI Islamic M-Series21.4% FTSE Shariah41.1%
Sedgwick Claims Management Services Inc UNSCREENED 0.29% no in-house ratios for this holding
RRC RANGE RESOURCES CORP COMPLIANT 0.29% AAOIFI10.4% Usmani13.4% Dow Jones Islamic11.6% S&P Shariah12.0% MSCI Islamic13.4% MSCI Islamic M-Series12.0% FTSE Shariah11.5%
ALBERTSONS COS/SAFEWAY UNSCREENED 0.29% no in-house ratios for this holding
Ardonagh Group Finco Pty Ltd UNSCREENED 0.28% no in-house ratios for this holding
ESI ELEMENT SOLUTIONS INC COMPLIANT 0.28% AAOIFI20.7% Usmani31.7% Dow Jones Islamic26.2% S&P Shariah28.2% MSCI Islamic31.7% MSCI Islamic M-Series28.2% FTSE Shariah30.2%
OUTFRONT MEDIA CAP LLC/C UNSCREENED 0.28% no in-house ratios for this holding
CLW CLEARWATER PAPER CORP NON_COMPLIANT 0.28% AAOIFI120.0% Usmani26.3% Dow Jones Islamic111.6% S&P Shariah87.2% MSCI Islamic25.8% MSCI Islamic M-Series87.2% FTSE Shariah23.0%
VS Buyer LLC UNSCREENED 0.27% no in-house ratios for this holding
ASHLAND INC UNSCREENED 0.27% no in-house ratios for this holding
THE MEN'S WEARHOUSE LLC UNSCREENED 0.26% no in-house ratios for this holding
CHAMP ACQUISITION CORP UNSCREENED 0.26% no in-house ratios for this holding
CRWV COREWEAVE INC NON_COMPLIANT 0.25% AAOIFI74.8% Usmani53.7% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic53.4% MSCI Islamic M-Seriesfail FTSE Shariah32.3%
JB POINDEXTER & CO INC UNSCREENED 0.25% no in-house ratios for this holding
SM SM ENERGY CO COMPLIANT 0.25% AAOIFI0.0% Usmani0.0% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.0% MSCI Islamic M-Series0.0% FTSE Shariah0.0%
CLARIOS GLOBAL LP/US FIN UNSCREENED 0.25% no in-house ratios for this holding
ADIENT GLOBAL HOLDINGS UNSCREENED 0.25% no in-house ratios for this holding
WBI OPERATING LLC UNSCREENED 0.25% no in-house ratios for this holding
UNIVISION COMMUNICATIONS UNSCREENED 0.25% no in-house ratios for this holding
NGL Energy Operating LLC UNSCREENED 0.24% no in-house ratios for this holding
OUTFRONT MEDIA CAP LLC/C UNSCREENED 0.24% no in-house ratios for this holding
MATCH GROUP HLD II LLC UNSCREENED 0.24% no in-house ratios for this holding
CLOUD SOFTWARE GRP INC UNSCREENED 0.24% no in-house ratios for this holding
SCIENCE APPLICATIONS INT UNSCREENED 0.24% no in-house ratios for this holding
WH WYNDHAM HOTELS & RESORTS NON_COMPLIANT 0.24% AAOIFI47.4% Usmani61.7% Dow Jones Islamic42.2% S&P Shariah43.4% MSCI Islamic61.7% MSCI Islamic M-Series43.4% FTSE Shariah61.7%
STATION CASINOS LLC UNSCREENED 0.24% no in-house ratios for this holding
RYAN SPECIALTY GROUP UNSCREENED 0.24% no in-house ratios for this holding
TERRAFORM POWER OPERATING LLC UNSCREENED 0.24% no in-house ratios for this holding
AthenaHealth Group Inc UNSCREENED 0.24% no in-house ratios for this holding
HESS MIDSTREAM OPERATION UNSCREENED 0.23% no in-house ratios for this holding
ARDAGH GROUP SA UNSCREENED 0.21% no in-house ratios for this holding
AETHON UN/AETHIN UN FIN UNSCREENED 0.20% no in-house ratios for this holding
XPLR INFRAST OPERATING UNSCREENED 0.20% no in-house ratios for this holding
SIRIUS XM RADIO LLC UNSCREENED 0.20% no in-house ratios for this holding
WILLIAM CARTER UNSCREENED 0.20% no in-house ratios for this holding
OTEX OPEN TEXT CORP NON_COMPLIANT 0.20% AAOIFI74.5% Usmani45.6% Dow Jones Islamic85.6% S&P Shariah78.8% MSCI Islamic45.6% MSCI Islamic M-Series78.8% FTSE Shariah44.0%
CORE SCIENTIFIC FINANCE UNSCREENED 0.20% no in-house ratios for this holding
COREWEAVE FINANCING DDTL V LLC UNSCREENED 0.20% no in-house ratios for this holding
DBR LAND HOLDINGS LLC UNSCREENED 0.20% no in-house ratios for this holding
HESS MIDSTREAM OPERATION UNSCREENED 0.20% no in-house ratios for this holding
PIONEER OPCO LLC UNSCREENED 0.20% no in-house ratios for this holding
Fluid-Flow Products, Inc. UNSCREENED 0.20% no in-house ratios for this holding
MERIDIAN ARC HOLDCO LLC UNSCREENED 0.20% no in-house ratios for this holding
PELICAN PIPELINE LLC UNSCREENED 0.20% no in-house ratios for this holding
Tega MC Australia Holdings Pty Ltd UNSCREENED 0.20% no in-house ratios for this holding
Beach Acquisition Bidco LLC UNSCREENED 0.20% no in-house ratios for this holding
AMNEAL PHARMACEUTICALS LLC UNSCREENED 0.20% no in-house ratios for this holding
ARAMARK SERVICES INC UNSCREENED 0.19% no in-house ratios for this holding
IRM IRON MOUNTAIN INC NON_COMPLIANT 0.19% AAOIFI57.3% Usmani93.4% Dow Jones Islamic66.1% S&P Shariah73.7% MSCI Islamic90.9% MSCI Islamic M-Series73.7% FTSE Shariah79.0%
Alliant Holdings Intermediate LLC UNSCREENED 0.19% no in-house ratios for this holding
Opal US LLC UNSCREENED 0.19% no in-house ratios for this holding
WS WORTHINGTON STEEL INC COMPLIANT 0.19% AAOIFI19.7% Usmani15.7% Dow Jones Islamic20.5% S&P Shariah21.1% MSCI Islamic15.4% MSCI Islamic M-Series21.1% FTSE Shariah11.4%
LSF12 HELIX PARENT LLC UNSCREENED 0.19% no in-house ratios for this holding
Select Medical Corp UNSCREENED 0.19% no in-house ratios for this holding
WYNN RESORTS FINANCE LLC UNSCREENED 0.19% no in-house ratios for this holding
WR Grace Holdings LLC UNSCREENED 0.19% no in-house ratios for this holding
White Cap Supply Holdings LLC UNSCREENED 0.19% no in-house ratios for this holding
EMRLD Borrower LP UNSCREENED 0.19% no in-house ratios for this holding
VC GB Holdings I Corp UNSCREENED 0.19% no in-house ratios for this holding
Charter Communications Operating LLC UNSCREENED 0.19% no in-house ratios for this holding
STS Operating Inc UNSCREENED 0.19% no in-house ratios for this holding
SWORD PURCHASER LLC UNSCREENED 0.19% no in-house ratios for this holding
Jones Deslauriers Insurance Management Inc UNSCREENED 0.19% no in-house ratios for this holding
Univision Communications Inc UNSCREENED 0.19% no in-house ratios for this holding
CIEN CIENA CORP COMPLIANT 0.19% AAOIFI7.2% Usmani41.1% Dow Jones Islamic11.3% S&P Shariah15.1% MSCI Islamic41.0% MSCI Islamic M-Series15.1% FTSE Shariah40.4%
SEAGATE DATA STORAGE TECHNOLOGY PTE LTD UNSCREENED 0.19% no in-house ratios for this holding
UKG Inc UNSCREENED 0.19% no in-house ratios for this holding
OTEX OPEN TEXT INC NON_COMPLIANT 0.18% AAOIFI74.5% Usmani45.6% Dow Jones Islamic85.6% S&P Shariah78.8% MSCI Islamic45.6% MSCI Islamic M-Series78.8% FTSE Shariah44.0%
CRC Insurance Group LLC UNSCREENED 0.18% no in-house ratios for this holding
Men's Wearhouse LLC/The UNSCREENED 0.18% no in-house ratios for this holding
Fleet US Bidco Inc UNSCREENED 0.18% no in-house ratios for this holding
OTEX OPEN TEXT INC NON_COMPLIANT 0.17% AAOIFI74.5% Usmani45.6% Dow Jones Islamic85.6% S&P Shariah78.8% MSCI Islamic45.6% MSCI Islamic M-Series78.8% FTSE Shariah44.0%
Vizient Inc UNSCREENED 0.17% no in-house ratios for this holding
KnowBe4 Inc UNSCREENED 0.17% no in-house ratios for this holding
ADIENT GLOBAL HOLDINGS UNSCREENED 0.15% no in-house ratios for this holding
CELANESE US HOLDINGS LLC UNSCREENED 0.15% no in-house ratios for this holding
CLF CLEVELAND-CLIFFS INC NON_COMPLIANT 0.15% AAOIFI108.0% Usmani38.3% Dow Jones Islamic138.4% S&P Shariah117.6% MSCI Islamic38.3% MSCI Islamic M-Series117.6% FTSE Shariah38.3%
ALLIED UNIVERSAL UNSCREENED 0.15% no in-house ratios for this holding
ACADEMY LTD UNSCREENED 0.15% no in-house ratios for this holding
CCL CARNIVAL CORP LTD NON_COMPLIANT 0.15% AAOIFI83.4% Usmani51.4% Dow Jones Islamic87.3% S&P Shariah102.4% MSCI Islamic51.4% MSCI Islamic M-Series102.4% FTSE Shariah49.0%
FOUR SHIFT4 PAYMENTS LLC NON_COMPLIANT 0.15% AAOIFI125.9% Usmani52.5% Dow Jones Islamic74.0% S&P Shariah77.0% MSCI Islamic52.5% MSCI Islamic M-Series77.0% FTSE Shariah51.9%
IRON MOUNTAIN INC (REIT) UNSCREENED 0.14% no in-house ratios for this holding
ROCKET SOFTWARE INC UNSCREENED 0.14% no in-house ratios for this holding
Axalta Coating Systems US Holdings Inc UNSCREENED 0.13% no in-house ratios for this holding
XPLR INFRAST OPERATING UNSCREENED 0.13% no in-house ratios for this holding
Emrld Borrower LP UNSCREENED 0.11% no in-house ratios for this holding
ILLUMINATE BUYER/HLDG UNSCREENED 0.10% no in-house ratios for this holding
CHDN CHURCHILL DOWNS INC NON_COMPLIANT 0.10% AAOIFI79.8% Usmani63.5% Dow Jones Islamic63.2% S&P Shariah58.8% MSCI Islamic63.5% MSCI Islamic M-Series58.8% FTSE Shariah63.5%
ANTERO MIDSTREAM PART/FI UNSCREENED 0.10% no in-house ratios for this holding
GARDA WORLD SECURITY UNSCREENED 0.10% no in-house ratios for this holding
BLACK PEARL COMPUTE LLC UNSCREENED 0.10% no in-house ratios for this holding
SOLARIS ENERGY INFRASTRU UNSCREENED 0.10% no in-house ratios for this holding
CONSTELLATION EN GEN LLC UNSCREENED 0.10% no in-house ratios for this holding
GO DADDY OPCO/FINCO UNSCREENED 0.10% no in-house ratios for this holding
ANTERO MIDSTREAM PART/FI UNSCREENED 0.10% no in-house ratios for this holding
HRI HERC HOLDINGS INC NON_COMPLIANT 0.10% AAOIFI200.8% Usmani69.0% Dow Jones Islamic211.0% S&P Shariah223.1% MSCI Islamic69.0% MSCI Islamic M-Series223.1% FTSE Shariah57.7%
UAL UNITED AIRLINES HOLDINGS NON_COMPLIANT 0.10% AAOIFI93.1% Usmani39.8% Dow Jones Islamic109.0% S&P Shariah132.3% MSCI Islamic39.8% MSCI Islamic M-Series132.3% FTSE Shariah31.3%

The published standards disagree about this fund by 2 points of portfolio weight — 5.6% of it passes S&P Shariah, 4.0% passes Usmani. 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 5.0% ratios fail on 14.3% 81.5% not rated under AAOIFI

43 of 262 listed holdings carry our own per-methodology verdicts (20% of weight). The rest hold a provider verdict with no methodology breakdown, and are counted as rated by none. Of those, 40 (19% of weight) also carry the underlying debt ratio; the rest show a verdict without the figure behind it.

Non-compliant holdingWeight
ENR ENERGIZER HOLDINGS INC 0.85%
MGM MGM RESORTS INTL 0.74%
GRF.MC GRIFOLS SA 0.72%
CHDN CHURCHILL DOWNS INC 0.68%
THC TENET HEALTHCARE CORP 0.66%
NBR NABORS INDUSTRIES INC 0.56%
MTDR MATADOR RESOURCES CO 0.54%
BRBR BELLRING BRANDS INC 0.53%
HRI HERC HOLDINGS INC 0.51%
KGS KODIAK GAS SERVICES LLC 0.49%

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 4 timeframes bullish · 58.8% aligned
VWAPPrice below VWAP ($22.88)
VolumeRelative volume 5.5× the 20-day average
Momentum10-day rate of change -0.5%

FHYS (FHYS) 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)
-0.5%
rate of change
SMC grade
C · 52
58.8% aligned
NON-COMPLIANT
Sharia compliance
C · 52
SMC grade — 58.8% timeframe alignment
-0.5%
Rate of change (10d)

🕌 In-house Compliance Research

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

23.0022.7222.4322.1521.862025-09-172026-03-182026-09-16

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

Support & Resistance
S3
22.80
S2
22.81
S1
22.83
PIVOT
22.84
R1
22.85
R2
22.86
R3
22.88

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
22.67 22.99
±0.71% from 22.83, made 2026-09-15 · resolves 2026-09-22
SELL
from 19 indicators
Not enough resolved predictions yet — 0 of 10 needed before we publish an accuracy figure. 46577 forecast(s) are currently open and will be scored automatically when their horizon expires.

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.

SELL
19 indicators
OscillatorsSTRONG SELL
0 buy · 4 neutral · 3 sell
Moving averagesNEUTRAL
6 buy · 0 neutral · 6 sell
Every indicator, and what it reads
IndicatorValueSignal
RSI (14)47.20NEUTRAL
Stochastic %K (14)25.33NEUTRAL
CCI (20)-57.34NEUTRAL
Williams %R (14)-74.67NEUTRAL
MACD (12,26,9)-0.02SELL
ROC (10)-0.45SELL
Momentum (10)-0.10SELL
EMA (10)22.88SELL
SMA (10)22.89SELL
EMA (20)22.89SELL
SMA (20)22.92SELL
EMA (30)22.88SELL
SMA (30)22.90SELL
EMA (50)22.85BUY
SMA (50)22.86BUY
EMA (100)22.76BUY
SMA (100)22.78BUY
EMA (200)22.57BUY
SMA (200)22.59BUY

About FHYS

The fund invests primarily in a diversified portfolio of U.S. dollar-denominated high-yield fixed income instruments. The adviser selects instruments, including securities, that the adviser believes have attractive risk-return characteristics. The fund will invest its assets so that at least 80% of its net assets (plus any borrowings for investment purposes) are invested in investments rated below investment-grade.

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

Grade verdict

Average — needs more confirmation before sizing up

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
🕐 1H RANGING 30
⏱ 15-Min RANGING 121
⏲ 5-Min RANGING 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.

-0.04
MACD (no fresh cross)

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 2026-09-08 · Asset managers net 912361 (-21819)

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.