GFETF / FundThe New Germany Fund, Inc.
Verdicts genuinely change. Free email alert the moment GF's does — no target price to set, unlike "Alert" above.
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.
The New Germany Fund, Inc.
58 holdings · as of 2026-06-30 (3.9 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 107% of net assets rather than 100%. Shares of the portfolio are shown as shares of that gross exposure.
UNVERIFIED Only 1% of this fund's holdings matched a company we have independently screened — below the 70% floor needed to state a verdict.
58 holdings, 1 matched (1% of weight). Portfolio as of 2026-06-30, filed 2026-08-20. Source: SEC Form N-PORT.
0.06% of this portfolio’s income is non-permissible — weighted across holdings, computed over 1% of portfolio weight (1 of 58 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 (58)
| Holding | Status | Weight | Every methodology, and the debt ratio behind it |
|---|---|---|---|
| DWS | UNSCREENED | 8.96% | no in-house ratios for this holding |
| DEUTSCHE LUFTHANSA-REG /EUR/ | UNSCREENED | 5.50% | no in-house ratios for this holding |
| JENOPTIK AG /EUR/ | UNSCREENED | 4.76% | no in-house ratios for this holding |
| KNORR-BREMSE AG /EUR/ | UNSCREENED | 4.23% | no in-house ratios for this holding |
| DELIVERY HERO SE /EUR/ | UNSCREENED | 3.95% | no in-house ratios for this holding |
| THYSSENKRUPP AG /EUR/ | UNSCREENED | 3.89% | no in-house ratios for this holding |
| NORDEX SE /EUR/ | UNSCREENED | 3.73% | no in-house ratios for this holding |
| TALANX AG /EUR/ | UNSCREENED | 3.71% | no in-house ratios for this holding |
| BILFINGER SE /EUR/ | UNSCREENED | 3.39% | no in-house ratios for this holding |
| SIEMENS ENERGY AG /EUR/ | UNSCREENED | 2.80% | no in-house ratios for this holding |
| SARTORIUS AG-VORZUG /EUR/ | UNSCREENED | 2.79% | no in-house ratios for this holding |
| TAG IMMOBILIEN AG /EUR/ | UNSCREENED | 2.63% | no in-house ratios for this holding |
| AIXTRON SE /EUR/ /PERPETUAL/ | UNSCREENED | 2.50% | no in-house ratios for this holding |
| DR ING HC F PORSCH /EUR/ /PFD/ | UNSCREENED | 2.44% | no in-house ratios for this holding |
| TUI AG /EUR/ | UNSCREENED | 2.30% | no in-house ratios for this holding |
| BECHTLE AG /EUR/ | UNSCREENED | 2.28% | no in-house ratios for this holding |
| FLATEXDEGIRO SE /EUR/ | UNSCREENED | 2.21% | no in-house ratios for this holding |
| HENSOLDT AG /EUR/ | UNSCREENED | 2.20% | no in-house ratios for this holding |
| SMA SOLAR TECHNOLOGY AG /EUR/ | UNSCREENED | 2.14% | no in-house ratios for this holding |
| RATIONAL AG /EUR/ | UNSCREENED | 2.02% | no in-house ratios for this holding |
| DEUTZ AG /EUR/ | UNSCREENED | 1.99% | no in-house ratios for this holding |
| AURUBIS AG /EUR/ | UNSCREENED | 1.93% | no in-house ratios for this holding |
| PUMA SE /EUR/ | UNSCREENED | 1.93% | no in-house ratios for this holding |
| RENK GROUP AG /EUR/ | UNSCREENED | 1.88% | no in-house ratios for this holding |
| ELMOS SEMICONDUCTOR SE /EUR/ | UNSCREENED | 1.79% | no in-house ratios for this holding |
| AUTO1 GROUP SE /EUR/ | UNSCREENED | 1.77% | no in-house ratios for this holding |
| VOSSLOH AG /EUR/ | UNSCREENED | 1.70% | no in-house ratios for this holding |
| UNITED INTERNET AG-REG S /EUR/ | UNSCREENED | 1.66% | no in-house ratios for this holding |
| TRATON SE /EUR/ | UNSCREENED | 1.27% | no in-house ratios for this holding |
| KION GROUP AG /EUR/ | UNSCREENED | 1.25% | no in-house ratios for this holding |
| KRONES AG /EUR/ | UNSCREENED | 1.22% | no in-house ratios for this holding |
| SUSS MICROTEC SE /EUR/ | UNSCREENED | 1.20% | no in-house ratios for this holding |
| TKMS AG& CO KGAA /EUR/ | UNSCREENED | 1.20% | no in-house ratios for this holding |
| SCHAEFFLER AG /EUR/ | UNSCREENED | 1.10% | no in-house ratios for this holding |
| REDCARE PHARMACY NV /EUR/ | UNSCREENED | 1.05% | no in-house ratios for this holding |
| INFINEON TECHNOLOGIES AG /EUR/ | UNSCREENED | 1.00% | no in-house ratios for this holding |
| HOCHTIEF AG /EUR/ | UNSCREENED | 1.00% | no in-house ratios for this holding |
| NEMETSCHEK SE /EUR/ | UNSCREENED | 1.00% | no in-house ratios for this holding |
| WACKER CHEMIE AG /EUR/ | UNSCREENED | 0.98% | no in-house ratios for this holding |
| CTS EVENTIM AG & CO KGAA /EUR/ | UNSCREENED | 0.95% | no in-house ratios for this holding |
| SILTRONIC AG /EUR/ | UNSCREENED | 0.94% | no in-house ratios for this holding |
| DWS | UNSCREENED | 0.93% | no in-house ratios for this holding |
| STROEER MEDIA AG /EUR/_ | UNSCREENED | 0.88% | no in-house ratios for this holding |
| PVA TEPLA AG /EUR/ | UNSCREENED | 0.79% | no in-house ratios for this holding |
| RTL GROUP /EUR/ | UNSCREENED | 0.78% | no in-house ratios for this holding |
| BASLER AG /EUR/ | UNSCREENED | 0.75% | no in-house ratios for this holding |
| SALZGITTER AG /EUR/ | UNSCREENED | 0.72% | no in-house ratios for this holding |
| TNIE.F TONIES SE - A /EUR/ | COMPLIANT | 0.62% | AAOIFI3.0% Usmani6.6% Dow Jones Islamicpass S&P Shariahpass MSCI Islamic5.8% MSCI Islamic M-Seriespass FTSE Shariah5.8% |
| JOST WERKE SE /EUR/ | UNSCREENED | 0.51% | no in-house ratios for this holding |
| PATRIZIA SE /EUR/ | UNSCREENED | 0.51% | no in-house ratios for this holding |
| FIELMANN GROUP AG /EUR/ | UNSCREENED | 0.51% | no in-house ratios for this holding |
| OTTOBOCK SE & CO KGAA /EUR/ | UNSCREENED | 0.50% | no in-house ratios for this holding |
| ALZCHEM GROUP AG /EUR/ | UNSCREENED | 0.47% | no in-house ratios for this holding |
| FREENET AG /EUR/ | UNSCREENED | 0.47% | no in-house ratios for this holding |
| ATOSS SOFTWARE SE /EUR/ | UNSCREENED | 0.47% | no in-house ratios for this holding |
| SFC ENERGY AG-BR /EUR/ | UNSCREENED | 0.31% | no in-house ratios for this holding |
| OHB SE AG /EUR/ | UNSCREENED | 0.09% | no in-house ratios for this holding |
| OHB SE RTS 07/08/26/EUR/ | UNSCREENED | 0.00% | no in-house ratios for this holding |
All 7 published standards agree about this fund to within 0.0 points of portfolio weight.
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 0.6% ratios fail on 0.0% 105.9% not rated under AAOIFI
ratios pass on 0.6% ratios fail on 0.0% 105.9% not rated under Usmani
ratios pass on 0.6% ratios fail on 0.0% 105.9% not rated under Dow Jones Islamic
ratios pass on 0.6% ratios fail on 0.0% 105.9% not rated under S&P Shariah
ratios pass on 0.6% ratios fail on 0.0% 105.9% not rated under MSCI Islamic
ratios pass on 0.6% ratios fail on 0.0% 105.9% not rated under MSCI Islamic M-Series
ratios pass on 0.6% ratios fail on 0.0% 105.9% not rated under FTSE Shariah
1 of 58 listed holdings carry our own per-methodology verdicts (1% of weight). The rest hold a provider verdict with no methodology breakdown, and are counted as rated by none.
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.
🕌 In-house Compliance Research
Computing the full ratio and business-activity breakdown for GF — 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.
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) | 38.00 | NEUTRAL |
| Stochastic %K (14) | 33.78 | NEUTRAL |
| CCI (20) | -77.61 | NEUTRAL |
| Williams %R (14) | -66.22 | NEUTRAL |
| MACD (12,26,9) | 0.02 | BUY |
| ROC (10) | 0.94 | BUY |
| Momentum (10) | 0.10 | BUY |
| EMA (10) | 10.28 | SELL |
| SMA (10) | 10.29 | SELL |
| EMA (20) | 10.39 | SELL |
| SMA (20) | 10.33 | SELL |
| EMA (30) | 10.51 | SELL |
| SMA (30) | 10.50 | SELL |
| EMA (50) | 10.72 | SELL |
| SMA (50) | 10.86 | SELL |
| EMA (100) | 10.99 | SELL |
| SMA (100) | 11.18 | SELL |
| EMA (200) | 11.11 | SELL |
| SMA (200) | 11.32 | SELL |
About The New Germany Fund, Inc.
Financial Services · Asset Management
The New Germany Fund Inc. is a closed ended equity mutual fund launched by Deutsche Investment Management Americas Inc. The fund is managed by Deutsche Asset Management International GmbH. It invests in the public equity markets of Germany. The fund seeks to invest in stocks of companies operating across diversified sectors. It primarily invests in stocks of small and mid cap companies. The fund benchmarks the performance of its portfolio against the Midcap Market Performance Index. The New Germany Fund Inc. was formed on January 16, 1990 and is domiciled in Germany.
fundsus.deutscheam.com/EN/products/new_germany_fund.jsp ↗
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 |
| 🕐 1H | RANGING | 23 |
| ⏱ 15-Min | BEARISH | 93 |
| ⏲ 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.
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.
CLUSTER BUY 32 buys · 2 sells
Recent: Saba Capital Management, L.P. sold 3706137 sh @ $10.96 (2026-09-21); Saba Capital Management, L.P. sold 3693801 sh @ $10.95 (2026-09-22)
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 2026-10-20 · Asset managers net 901377 (-14458)
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.