HSFNXETF / FundHennessy Small Cap Financial Fund
Verdicts genuinely change. Free email alert the moment HSFNX'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.
Hennessy Small Cap Financial Fund · Hennessy Funds Trust
27 holdings
NON-COMPLIANT 71.70% of portfolio weight is in non-compliant holdings, over the 5% threshold.
27 holdings, 19 matched (72% of weight). Portfolio as of 2026-07-31, filed 2026-09-28. Source: SEC Form N-PORT.
92.18% of this portfolio’s income is non-permissible — weighted across holdings, computed over 5% of portfolio weight (1 of 27 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.
0.0% compliant 0.0% questionable 71.6% non-compliant 28.4% unscreened
All holdings (27)
| Holding | Status | Weight | Every methodology, and the debt ratio behind it |
|---|---|---|---|
| Provident Financial Services I | UNSCREENED | 5.61% | no in-house ratios for this holding |
| CNOB ConnectOne Bancorp Inc | NON_COMPLIANT | 5.61% | AAOIFI0.0% Usmani0.0% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.0% MSCI Islamic M-Series0.0% FTSE Shariah0.0% |
| NBBK NB Bancorp Inc | NON_COMPLIANT | 5.32% | AAOIFI0.0% Usmani0.0% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.0% MSCI Islamic M-Series0.0% FTSE Shariah0.0% |
| OCFC OceanFirst Financial Corp | NON_COMPLIANT | 4.89% | AAOIFI13.3% Usmani1.1% Dow Jones Islamic24.3% S&P Shariah26.2% MSCI Islamic1.1% MSCI Islamic M-Series26.2% FTSE Shariah1.1% |
| EGBN Eagle Bancorp Inc | NON_COMPLIANT | 4.87% | AAOIFI77.6% Usmani6.9% Dow Jones Islamic95.8% S&P Shariah99.4% MSCI Islamic6.9% MSCI Islamic M-Series99.4% FTSE Shariah6.9% |
| Hingham Institution For Saving | UNSCREENED | 4.82% | no in-house ratios for this holding |
| BBT Beacon Financial Corp | NON_COMPLIANT | 4.75% | AAOIFI88.2% Usmani10.6% Dow Jones Islamic141.8% S&P Shariah167.3% MSCI Islamic10.6% MSCI Islamic M-Series167.3% FTSE Shariah10.6% |
| BANC Banc of California Inc | NON_COMPLIANT | 4.60% | AAOIFI224.2% Usmani19.2% Dow Jones Islamic267.0% S&P Shariah317.7% MSCI Islamic19.2% MSCI Islamic M-Series317.7% FTSE Shariah19.2% |
| AVBC Avidia Bancorp Inc | NON_COMPLIANT | 4.58% | AAOIFI0.0% Usmani0.0% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic0.0% MSCI Islamic M-Seriesfail FTSE Shariah0.0% |
| WAFD WaFd Inc | NON_COMPLIANT | 4.44% | AAOIFI0.0% Usmani0.0% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.0% MSCI Islamic M-Series0.0% FTSE Shariah0.0% |
| TBBK Bancorp Inc/The | NON_COMPLIANT | 4.10% | AAOIFI269.0% Usmani79.6% Dow Jones Islamic270.7% S&P Shariah295.8% MSCI Islamic79.6% MSCI Islamic M-Series295.8% FTSE Shariah79.6% |
| CUBI Customers Bancorp Inc | NON_COMPLIANT | 3.99% | AAOIFI6.0% Usmani0.6% Dow Jones Islamic7.9% S&P Shariah8.7% MSCI Islamic0.6% MSCI Islamic M-Series8.7% FTSE Shariah0.6% |
| COLB Columbia Banking System Inc | NON_COMPLIANT | 3.90% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| Flagstar Bank NA | UNSCREENED | 3.88% | no in-house ratios for this holding |
| WTFC Wintrust Financial Corp | NON_COMPLIANT | 3.73% | AAOIFI0.0% Usmani0.0% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.0% MSCI Islamic M-Series0.0% FTSE Shariah0.0% |
| INDB Independent Bank Corp | NON_COMPLIANT | 3.70% | AAOIFI10.5% Usmani1.7% Dow Jones Islamic13.0% S&P Shariah14.6% MSCI Islamic1.7% MSCI Islamic M-Series14.6% FTSE Shariah1.7% |
| Kearny Financial Corp/MD | UNSCREENED | 3.68% | no in-house ratios for this holding |
| BFH Bread Financial Holdings Inc | NON_COMPLIANT | 3.30% | AAOIFI101.5% Usmani19.3% Dow Jones Islamic143.0% S&P Shariah165.3% MSCI Islamic19.3% MSCI Islamic M-Series165.3% FTSE Shariah19.3% |
| EBC Eastern Bankshares Inc | NON_COMPLIANT | 3.28% | AAOIFI7.8% Usmani1.3% Dow Jones Islamic10.2% S&P Shariah11.9% MSCI Islamic1.3% MSCI Islamic M-Series11.9% FTSE Shariah1.3% |
| Old National Bancorp/IN | UNSCREENED | 3.05% | no in-house ratios for this holding |
| BKU BankUnited Inc | NON_COMPLIANT | 3.03% | AAOIFI9.7% Usmani0.9% Dow Jones Islamic10.8% S&P Shariah12.2% MSCI Islamic0.9% MSCI Islamic M-Series12.2% FTSE Shariah0.9% |
| Western New England Bancorp In | UNSCREENED | 2.99% | no in-house ratios for this holding |
| California BanCorp | UNSCREENED | 2.68% | no in-house ratios for this holding |
| First American Government Obli | UNSCREENED | 1.73% | no in-house ratios for this holding |
| HWC Hancock Whitney Corp | NON_COMPLIANT | 1.70% | AAOIFI81.9% Usmani13.7% Dow Jones Islamic99.7% S&P Shariah110.5% MSCI Islamic13.7% MSCI Islamic M-Series110.5% FTSE Shariah13.7% |
| ASB Associated Banc-Corp | NON_COMPLIANT | 1.16% | AAOIFI97.1% Usmani11.0% Dow Jones Islamic139.7% S&P Shariah156.7% MSCI Islamic11.0% MSCI Islamic M-Series156.7% FTSE Shariah11.0% |
| BANR Banner Corp | NON_COMPLIANT | 0.73% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
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 0.0% ratios fail on 71.7% 28.4% not rated under AAOIFI
ratios pass on 0.0% ratios fail on 71.7% 28.4% not rated under Usmani
ratios pass on 0.0% ratios fail on 71.7% 28.4% not rated under Dow Jones Islamic
ratios pass on 0.0% ratios fail on 71.7% 28.4% not rated under S&P Shariah
ratios pass on 0.0% ratios fail on 71.7% 28.4% not rated under MSCI Islamic
ratios pass on 0.0% ratios fail on 71.7% 28.4% not rated under MSCI Islamic M-Series
ratios pass on 0.0% ratios fail on 71.7% 28.4% not rated under FTSE Shariah
19 of 27 listed holdings carry our own per-methodology verdicts (72% of weight). The rest hold a provider verdict with no methodology breakdown, and are counted as rated by none. Of those, 17 (67% of weight) also carry the underlying debt ratio; the rest show a verdict without the figure behind it.
| Non-compliant holding | Weight |
|---|---|
| CNOB ConnectOne Bancorp Inc | 5.61% |
| NBBK NB Bancorp Inc | 5.32% |
| OCFC OceanFirst Financial Corp | 4.89% |
| EGBN Eagle Bancorp Inc | 4.87% |
| BBT Beacon Financial Corp | 4.75% |
| BANC Banc of California Inc | 4.60% |
| AVBC Avidia Bancorp Inc | 4.58% |
| WAFD WaFd Inc | 4.44% |
| TBBK Bancorp Inc/The | 4.10% |
| CUBI Customers Bancorp Inc | 3.99% |
Trade setup
Whether the technical picture shows an edge right now. Separate from the Sharia verdict, which this side never overrides.
Hennessy Small Cap Financial Fund (HSFNX) 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.
Screened on its holdings, not its name
HTR reads the fund's filed holdings and screens each one, then reports the result by weight. A holding it cannot cover far enough is reported as unrated rather than counted as a pass.
| Holding | Weight | Verdict |
|---|---|---|
| Provident Financial Services Inot matched to a ticker | 5.61% | Not screened |
| CNOBConnectOne Bancorp Inc | 5.61% | Non-compliant |
| NBBKNB Bancorp Inc | 5.32% | Non-compliant |
| OCFCOceanFirst Financial Corp | 4.89% | Non-compliant |
| EGBNEagle Bancorp Inc | 4.87% | Non-compliant |
| Hingham Institution For Savingnot matched to a ticker | 4.82% | Not screened |
| BBTBeacon Financial Corp | 4.75% | Non-compliant |
| BANCBanc of California Inc | 4.60% | Non-compliant |
| AVBCAvidia Bancorp Inc | 4.58% | Non-compliant |
| WAFDWaFd Inc | 4.44% | Non-compliant |
Top 10 of 27 holdings, 49.5% of the fund by weight. Every holding is screened, not only these.
What holds the number back
The positions keeping this fund short of 100% compliant by weight.
- Provident Financial Services Inot screened5.61%
- CNOBnon-compliant5.61%
- NBBKnon-compliant5.32%
- OCFCnon-compliant4.89%
- EGBNnon-compliant4.87%
- Hingham Institution For Savingnot screened4.82%
What changed, and when
Verdict history for HSFNX. A verdict that never moved is recorded too, so a quiet history reads as measured rather than missing.
- 2026-09-07 No change recorded No verdict change for HSFNX has been recorded since tracking began. The scan ledger records that the compliance detectors ran, not which symbols each pass covered.
ℹ️ no compliance scan has run for 6 days - this is not a reading of today
Pinch or scroll to zoom · drag to pan — both axes move · double-click to reset
This fund prices once a day, so its bars carry no intraday high or low — floor-trader pivots are not defined for it.
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) | 52.90 | NEUTRAL |
| Stochastic %K (14) | 55.73 | NEUTRAL |
| CCI (20) | 38.40 | NEUTRAL |
| Williams %R (14) | -44.27 | NEUTRAL |
| MACD (12,26,9) | 0.09 | BUY |
| ROC (10) | -0.13 | SELL |
| Momentum (10) | -0.04 | SELL |
| EMA (10) | 30.69 | SELL |
| SMA (10) | 30.83 | SELL |
| EMA (20) | 30.42 | BUY |
| SMA (20) | 30.15 | BUY |
| EMA (30) | 30.34 | BUY |
| SMA (30) | 29.89 | BUY |
| EMA (50) | 30.38 | BUY |
| SMA (50) | 30.24 | BUY |
| EMA (100) | 30.39 | BUY |
| SMA (100) | 30.95 | SELL |
| EMA (200) | 29.64 | BUY |
| SMA (200) | 29.98 | BUY |
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.
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.
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.