Verdicts genuinely change. Free email alert the moment HDGE'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.
AdvisorShares Ranger Equity Bear ETF ETF · AdvisorShares Trust
56 holdings · as of 2026-06-30 (3.4 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 159% of net assets rather than 100%. Shares of the portfolio are shown as shares of that gross exposure.
UNVERIFIED 59% of this fund's gross exposure is short across 54 positions. Our look-through asks what a fund owns and whether owning it is permissible; a short position is not ownership but an obligation to deliver something the fund does not hold, so a verdict computed as though this were a long-only portfolio would not describe it. The holdings are listed below, with the short positions marked.
56 holdings, 46 matched (51% of weight). Portfolio as of 2026-06-30, filed 2026-08-21. Source: SEC Form N-PORT.
2.48% of this portfolio’s income is non-permissible — weighted across holdings, computed over 37% of portfolio weight (36 of 56 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 |
|---|---|---|---|
| FIDELITY INSTITUTIONAL MONEY MARKET GOVERNMENT PORTFOLIO ? CLASS III | UNSCREENED | 60.76% | no in-house ratios for this holding |
| BlackRock Liquidity FedFund | UNSCREENED | 3.60% | no in-house ratios for this holding |
| OZK BANK OZK | NON_COMPLIANT | 3.16% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| ALRM ALARM.COM HOLDINGS INC | COMPLIANT | 2.84% | AAOIFI— Usmani— Dow Jones Islamic— S&P Shariah— MSCI Islamic— MSCI Islamic M-Series— FTSE Shariah— |
| ARE ALEXANDRIA REAL ESTATE EQUITIES INC | NON_COMPLIANT | 2.81% | AAOIFI— Usmani— Dow Jones Islamic— S&P Shariah— MSCI Islamic— MSCI Islamic M-Series— FTSE Shariah— |
| OMF ONEMAIN HOLDINGS INC | NON_COMPLIANT | 2.78% | AAOIFI304.9% Usmani82.9% Dow Jones Islamic364.4% S&P Shariah399.4% MSCI Islamic82.9% MSCI Islamic M-Series399.4% FTSE Shariah82.9% |
| AMH AMERICAN HOMES 4 RENT | NON_COMPLIANT | 2.54% | AAOIFI43.9% Usmani39.1% Dow Jones Islamic43.1% S&P Shariah43.1% MSCI Islamic39.1% MSCI Islamic M-Series43.1% FTSE Shariah39.1% |
| INVH INVITATION HOMES INC | NON_COMPLIANT | 2.52% | AAOIFI52.4% Usmani46.2% Dow Jones Islamic47.8% S&P Shariah46.8% MSCI Islamic46.2% MSCI Islamic M-Series46.8% FTSE Shariah46.2% |
| PRU PRUDENTIAL FINANCIAL INC | NON_COMPLIANT | 2.46% | AAOIFI49.0% Usmani2.6% Dow Jones Islamic56.4% S&P Shariah57.7% MSCI Islamic2.6% MSCI Islamic M-Series57.7% FTSE Shariah2.6% |
| ALLY ALLY FINANCIAL INC | NON_COMPLIANT | 2.44% | AAOIFI128.2% Usmani8.5% Dow Jones Islamic145.1% S&P Shariah153.2% MSCI Islamic8.5% MSCI Islamic M-Series153.2% FTSE Shariah8.5% |
| PREFERRED BANK (CALIFORNIA) | UNSCREENED | 2.42% | no in-house ratios for this holding |
| CVSA COVISTA INC | COMPLIANT | 2.27% | AAOIFI21.3% Usmani30.1% Dow Jones Islamic22.9% S&P Shariah26.8% MSCI Islamic30.1% MSCI Islamic M-Series26.8% FTSE Shariah22.0% |
| AIG AMERICAN INTERNATIONAL GROUP INC | NON_COMPLIANT | 2.26% | AAOIFI— Usmani— Dow Jones Islamic— S&P Shariah— MSCI Islamic— MSCI Islamic M-Series— FTSE Shariah— |
| CVNA CARVANA COMPANY | COMPLIANT | 2.19% | AAOIFI6.8% Usmani38.2% Dow Jones Islamic8.2% S&P Shariah10.9% MSCI Islamic38.2% MSCI Islamic M-Series10.9% FTSE Shariah35.5% |
| LOPE GRAND CANYON EDUCATION INC | COMPLIANT | 2.17% | AAOIFI2.6% Usmani11.3% Dow Jones Islamic2.2% S&P Shariah2.3% MSCI Islamic11.3% MSCI Islamic M-Series2.3% FTSE Shariah0.0% |
| NXST NEXSTAR MEDIA GROUP INC | NON_COMPLIANT | 2.17% | AAOIFI221.8% Usmani68.2% Dow Jones Islamic222.7% S&P Shariah230.8% MSCI Islamic68.2% MSCI Islamic M-Series230.8% FTSE Shariah66.3% |
| MANH MANHATTAN ASSOCIATES INC | COMPLIANT | 2.11% | AAOIFI0.4% Usmani7.7% Dow Jones Islamic0.5% S&P Shariah0.4% MSCI Islamic7.7% MSCI Islamic M-Series0.4% FTSE Shariah0.0% |
| SIG SIGNET JEWELERS LTD | NON_COMPLIANT | 1.96% | AAOIFI31.0% Usmani21.9% Dow Jones Islamic35.8% S&P Shariah34.3% MSCI Islamic21.9% MSCI Islamic M-Series34.3% FTSE Shariah0.0% |
| EFX EQUIFAX INC | COMPLIANT | 1.93% | AAOIFI27.1% Usmani45.6% Dow Jones Islamic19.8% S&P Shariah19.6% MSCI Islamic45.6% MSCI Islamic M-Series19.6% FTSE Shariah45.6% |
| JEF JEFFERIES FINANCIAL GROUP INC | NON_COMPLIANT | 1.90% | AAOIFI155.4% Usmani25.1% Dow Jones Islamic171.6% S&P Shariah188.8% MSCI Islamic25.1% MSCI Islamic M-Series188.8% FTSE Shariah25.1% |
| WESTERN ALLIANCE BANCORP | UNSCREENED | 1.87% | no in-house ratios for this holding |
| GLBE GLOBAL-E ONLINE LTD | UNRATED | 1.85% | AAOIFI0.3% Usmani1.6% Dow Jones Islamic0.4% S&P Shariah0.4% MSCI Islamic1.6% MSCI Islamic M-Series0.4% FTSE Shariah0.0% |
| BOOZ ALLEN HAMILTON HOLDING CORP | UNSCREENED | 1.84% | no in-house ratios for this holding |
| FICO FAIR ISAAC CORP | COMPLIANT | 1.81% | AAOIFI27.8% Usmani274.8% Dow Jones Islamic14.4% S&P Shariah15.5% MSCI Islamic274.8% MSCI Islamic M-Series15.5% FTSE Shariah274.0% |
| BATH & BODY WORKS INC | UNSCREENED | 1.76% | no in-house ratios for this holding |
| TRU TRANSUNION | NON_COMPLIANT | 1.64% | AAOIFI38.2% Usmani47.2% Dow Jones Islamic34.6% S&P Shariah36.4% MSCI Islamic47.2% MSCI Islamic M-Series36.4% FTSE Shariah46.5% |
| VRSK VERISK ANALYTICS INC | QUESTIONABLE | 1.63% | AAOIFI18.2% Usmani101.0% Dow Jones Islamic13.7% S&P Shariah13.5% MSCI Islamic100.6% MSCI Islamic M-Series13.5% FTSE Shariah97.3% |
| PRU.L PRUDENTIAL PLC | NON_COMPLIANT | 1.63% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| DDS DILLARD'S INC | COMPLIANT | 1.60% | AAOIFI0.3% Usmani0.8% Dow Jones Islamic0.4% S&P Shariah0.4% MSCI Islamic0.8% MSCI Islamic M-Series0.4% FTSE Shariah0.0% |
| PLTR PALANTIR TECHNOLOGIES INC | QUESTIONABLE | 1.53% | AAOIFI0.1% Usmani1.8% Dow Jones Islamic0.1% S&P Shariah0.1% MSCI Islamic1.8% MSCI Islamic M-Series0.1% FTSE Shariah0.0% |
| DKNG DRAFTKINGS INC | NON_COMPLIANT | 1.53% | AAOIFI11.2% Usmani31.4% Dow Jones Islamic7.9% S&P Shariah7.7% MSCI Islamic31.4% MSCI Islamic M-Series7.7% FTSE Shariah29.5% |
| INTA INTAPP INC | COMPLIANT | 1.53% | AAOIFI0.7% Usmani3.0% Dow Jones Islamic0.7% S&P Shariah0.7% MSCI Islamic3.0% MSCI Islamic M-Series0.7% FTSE Shariah0.0% |
| ABG ASBURY AUTOMOTIVE GROUP INC | NON_COMPLIANT | 1.53% | AAOIFI96.6% Usmani32.3% Dow Jones Islamic82.3% S&P Shariah82.1% MSCI Islamic32.3% MSCI Islamic M-Series82.1% FTSE Shariah30.3% |
| BXP BXP INC | NON_COMPLIANT | 1.51% | AAOIFI8.5% Usmani3.9% Dow Jones Islamic9.4% S&P Shariah9.9% MSCI Islamic3.9% MSCI Islamic M-Series9.9% FTSE Shariah3.9% |
| SYF SYNCHRONY FINANCIAL | NON_COMPLIANT | 1.50% | AAOIFI85.9% Usmani18.3% Dow Jones Islamic91.8% S&P Shariah104.8% MSCI Islamic18.3% MSCI Islamic M-Series104.8% FTSE Shariah18.3% |
| PAYX PAYCHEX INC | COMPLIANT | 1.49% | AAOIFI13.2% Usmani29.6% Dow Jones Islamic10.7% S&P Shariah11.0% MSCI Islamic29.6% MSCI Islamic M-Series11.0% FTSE Shariah29.1% |
| PAY PAYMENTUS HOLDINGS INC | COMPLIANT | 1.47% | AAOIFI0.2% Usmani1.2% Dow Jones Islamic0.2% S&P Shariah0.3% MSCI Islamic1.2% MSCI Islamic M-Series0.3% FTSE Shariah0.0% |
| CBIZ INC | UNSCREENED | 1.46% | no in-house ratios for this holding |
| QTWO Q2 HOLDINGS INC | COMPLIANT | 1.46% | AAOIFI1.1% Usmani4.2% Dow Jones Islamic0.9% S&P Shariah1.0% MSCI Islamic4.2% MSCI Islamic M-Series1.0% FTSE Shariah0.0% |
| RADNET INC | UNSCREENED | 1.40% | no in-house ratios for this holding |
| O'REILLY AUTOMOTIVE INC | UNSCREENED | 1.40% | no in-house ratios for this holding |
| FDS FACTSET RESEARCH SYSTEMS INC | COMPLIANT | 1.40% | AAOIFI14.6% Usmani37.5% Dow Jones Islamic12.1% S&P Shariah11.2% MSCI Islamic37.5% MSCI Islamic M-Series11.2% FTSE Shariah33.2% |
| BUILDERS FIRSTSOURCE INC | UNSCREENED | 1.36% | no in-house ratios for this holding |
| ARES ARES MANAGEMENT CORP | NON_COMPLIANT | 1.35% | AAOIFI0.0% Usmani0.0% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.0% MSCI Islamic M-Series0.0% FTSE Shariah0.0% |
| EXPO EXPONENT INC | COMPLIANT | 1.34% | AAOIFI2.5% Usmani12.4% Dow Jones Islamic2.1% S&P Shariah2.0% MSCI Islamic12.4% MSCI Islamic M-Series2.0% FTSE Shariah0.0% |
| OLED UNIVERSAL DISPLAY CORP | NON_COMPLIANT | 1.31% | AAOIFI0.6% Usmani2.0% Dow Jones Islamic0.3% S&P Shariah0.3% MSCI Islamic1.1% MSCI Islamic M-Series0.3% FTSE Shariah0.0% |
| MNRO MONRO INC | NON_COMPLIANT | 1.30% | AAOIFI70.5% Usmani31.0% Dow Jones Islamic56.5% S&P Shariah49.6% MSCI Islamic18.7% MSCI Islamic M-Series49.6% FTSE Shariah6.2% |
| WFC WELLS FARGO & COMPANY | NON_COMPLIANT | 1.25% | AAOIFI80.2% Usmani9.1% Dow Jones Islamic84.8% S&P Shariah93.9% MSCI Islamic9.1% MSCI Islamic M-Series93.9% FTSE Shariah9.1% |
| BOOT BOOT BARN HOLDINGS INC | COMPLIANT | 1.25% | AAOIFI— Usmani— Dow Jones Islamic— S&P Shariah— MSCI Islamic— MSCI Islamic M-Series— FTSE Shariah— |
| TRI THOMSON REUTERS CORP | QUESTIONABLE | 1.24% | AAOIFI4.6% Usmani11.8% Dow Jones Islamic3.3% S&P Shariah3.2% MSCI Islamic11.8% MSCI Islamic M-Series3.2% FTSE Shariah11.8% |
| ADT ADT INC | NON_COMPLIANT | 1.23% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| PTC PTC INC | COMPLIANT | 1.21% | AAOIFI11.1% Usmani24.7% Dow Jones Islamic8.0% S&P Shariah8.0% MSCI Islamic24.7% MSCI Islamic M-Series8.0% FTSE Shariah21.9% |
| WPP.L WPP PLC | NON_COMPLIANT | 1.18% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahpass |
| IP INTERNATIONAL PAPER COMPANY | NON_COMPLIANT | 1.16% | AAOIFI50.2% Usmani27.3% Dow Jones Islamic47.6% S&P Shariah55.5% MSCI Islamic27.1% MSCI Islamic M-Series55.5% FTSE Shariah25.2% |
| ACIW ACI WORLDWIDE INC | COMPLIANT | 0.76% | AAOIFI16.0% Usmani27.4% Dow Jones Islamic16.8% S&P Shariah18.8% MSCI Islamic27.4% MSCI Islamic M-Series18.8% FTSE Shariah26.6% |
| PCOR PROCORE TECHNOLOGIES INC | COMPLIANT | 0.62% | AAOIFI0.8% Usmani3.0% Dow Jones Islamic0.7% S&P Shariah0.7% MSCI Islamic3.0% MSCI Islamic M-Series0.7% FTSE Shariah0.0% |
The published standards disagree about this fund by 13 points of portfolio weight — 31.4% of it passes AAOIFI, 18.2% 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 31.4% ratios fail on 37.4% 89.9% not rated under AAOIFI
ratios pass on 26.9% ratios fail on 40.6% 91.1% not rated under Usmani
ratios pass on 30.2% ratios fail on 37.4% 91.1% not rated under Dow Jones Islamic
ratios pass on 30.2% ratios fail on 37.4% 91.1% not rated under S&P Shariah
ratios pass on 18.2% ratios fail on 48.1% 92.4% not rated under MSCI Islamic
ratios pass on 30.2% ratios fail on 37.4% 91.1% not rated under MSCI Islamic M-Series
ratios pass on 26.1% ratios fail on 40.2% 92.4% not rated under FTSE Shariah
46 of 56 listed holdings carry our own per-methodology verdicts (81% of weight). The rest hold a provider verdict with no methodology breakdown, and are counted as rated by none. Of those, 38 (64% 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.
Computing the full ratio and business-activity breakdown for HDGE — 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) | 56.20 | NEUTRAL |
| Stochastic %K (14) | 36.76 | NEUTRAL |
| CCI (20) | 14.83 | NEUTRAL |
| Williams %R (14) | -63.24 | NEUTRAL |
| MACD (12,26,9) | -0.03 | SELL |
| ROC (10) | -1.48 | SELL |
| Momentum (10) | -0.23 | SELL |
| EMA (10) | 15.33 | SELL |
| SMA (10) | 15.43 | SELL |
| EMA (20) | 15.20 | BUY |
| SMA (20) | 15.25 | BUY |
| EMA (30) | 15.09 | BUY |
| SMA (30) | 14.93 | BUY |
| EMA (50) | 15.09 | BUY |
| SMA (50) | 14.66 | BUY |
| EMA (100) | 15.40 | SELL |
| SMA (100) | 15.48 | SELL |
| EMA (200) | 15.85 | SELL |
| SMA (200) | 16.21 | SELL |
The Sub-Advisor seeks to achieve the fund's investment objective by short selling a portfolio of liquid mid- and large-cap U.S. exchange-traded equity securities, ETFs, ETNs and other exchange-traded products. The fund invests at least 80% of its net assets, plus any borrowings for investment purposes, in short positions in equity securities. The Sub-Advisor implements a bottom-up, fundamental, research driven security selection process.
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 | 42 |
| 🕐 1H | BEARISH | 46 |
| ⏱ 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.
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
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 2026-10-06 · Asset managers net 906615 (+2612)
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.