KBWDETF / FundInvesco KBW High Dividend Yield Financial ETF
Verdicts genuinely change. Free email alert the moment KBWD'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.
Invesco KBW High Dividend Yield Financial ETF ETF · Invesco Exchange-Traded Fund Trust II
39 holdings · as of 2026-08-31 (2.3 months ago)
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 114% of net assets rather than 100%. Shares of the portfolio are shown as shares of that gross exposure.
NON-COMPLIANT At least 76.25% of portfolio weight is in non-compliant holdings — already over the 5% threshold, so the verdict is settled whatever the unmatched 37% turns out to be. Matching more holdings can only raise this share, never lower it.
39 holdings, 29 matched (67% of weight). Portfolio as of 2026-08-31, filed 2026-10-30. Source: SEC Form N-PORT.
6.35% of this portfolio’s income is non-permissible — weighted across holdings, computed over 17% of portfolio weight (9 of 39 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 (39)
| Holding | Status | Weight | Every methodology, and the debt ratio behind it |
|---|---|---|---|
| Invesco Private Prime Fund | UNSCREENED | 9.96% | no in-house ratios for this holding |
| FSK FS KKR Capital Corp. | NON_COMPLIANT | 4.22% | AAOIFI191.2% Usmani54.0% Dow Jones Islamic162.1% S&P Shariah164.5% MSCI Islamic54.0% MSCI Islamic M-Series164.5% FTSE Shariah54.0% |
| ORC Orchid Island Capital, Inc. | NON_COMPLIANT | 4.11% | AAOIFI0.0% Usmani0.0% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.0% MSCI Islamic M-Series0.0% FTSE Shariah0.0% |
| IVR Invesco Mortgage Capital Inc. | NON_COMPLIANT | 4.06% | AAOIFI0.0% Usmani0.0% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.0% MSCI Islamic M-Series0.0% FTSE Shariah0.0% |
| GSBD Goldman Sachs BDC, Inc. | NON_COMPLIANT | 3.92% | AAOIFI166.0% Usmani56.3% Dow Jones Islamic173.0% S&P Shariah169.2% MSCI Islamic56.3% MSCI Islamic M-Series169.2% FTSE Shariah56.3% |
| Invesco Private Government Fund | UNSCREENED | 3.84% | no in-house ratios for this holding |
| ARMOUR Residential REIT, Inc. | UNSCREENED | 3.81% | no in-house ratios for this holding |
| DX Dynex Capital, Inc. | NON_COMPLIANT | 3.69% | AAOIFI0.0% Usmani0.0% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.0% MSCI Islamic M-Series0.0% FTSE Shariah0.0% |
| Carlyle Secured Lending, Inc. | UNSCREENED | 3.48% | no in-house ratios for this holding |
| AGNC Investment Corp. | UNSCREENED | 3.44% | no in-house ratios for this holding |
| MFA MFA Financial, Inc. | NON_COMPLIANT | 3.33% | AAOIFI0.0% Usmani0.0% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.0% MSCI Islamic M-Series0.0% FTSE Shariah0.0% |
| PennantPark Floating Rate Capital Ltd. | UNSCREENED | 3.32% | no in-house ratios for this holding |
| PMT PennyMac Mortgage Investment Trust | NON_COMPLIANT | 3.30% | AAOIFI82.7% Usmani2.8% Dow Jones Islamic73.8% S&P Shariah75.6% MSCI Islamic2.8% MSCI Islamic M-Series75.6% FTSE Shariah2.8% |
| Annaly Capital Management, Inc. | UNSCREENED | 3.26% | no in-house ratios for this holding |
| TRIN Trinity Capital Inc. | NON_COMPLIANT | 3.25% | AAOIFI87.1% Usmani54.0% Dow Jones Islamic153.3% S&P Shariah186.5% MSCI Islamic54.0% MSCI Islamic M-Series186.5% FTSE Shariah54.0% |
| NMFC New Mountain Finance Corp. | NON_COMPLIANT | 2.92% | AAOIFI188.7% Usmani55.7% Dow Jones Islamic150.8% S&P Shariah147.2% MSCI Islamic55.7% MSCI Islamic M-Series147.2% FTSE Shariah55.7% |
| RWT Redwood Trust, Inc. | NON_COMPLIANT | 2.78% | AAOIFIfail Usmani— Dow Jones Islamicfail S&P Shariah— MSCI Islamic— MSCI Islamic M-Seriesfail FTSE Shariah— |
| OWL Blue Owl Capital Corp. | NON_COMPLIANT | 2.77% | AAOIFI27.6% Usmani30.9% Dow Jones Islamic16.4% S&P Shariah16.5% MSCI Islamic30.9% MSCI Islamic M-Series16.5% FTSE Shariah30.9% |
| OWL Blue Owl Capital Inc. | NON_COMPLIANT | 2.64% | AAOIFI27.6% Usmani30.9% Dow Jones Islamic16.4% S&P Shariah16.5% MSCI Islamic30.9% MSCI Islamic M-Series16.5% FTSE Shariah30.9% |
| NCDL Nuveen Churchill Direct Lending Corp. | NON_COMPLIANT | 2.62% | AAOIFI175.7% Usmani55.0% Dow Jones Islamic159.7% S&P Shariah159.4% MSCI Islamic55.0% MSCI Islamic M-Series159.4% FTSE Shariah55.0% |
| ADAM Adamas Trust, Inc. | NON_COMPLIANT | 2.61% | AAOIFI76.3% Usmani5.2% Dow Jones Islamic113.6% S&P Shariah119.9% MSCI Islamic5.2% MSCI Islamic M-Series119.9% FTSE Shariah5.2% |
| ABR Arbor Realty Trust, Inc. | NON_COMPLIANT | 2.55% | AAOIFI1134.7% Usmani77.4% Dow Jones Islamic665.1% S&P Shariah640.2% MSCI Islamic77.4% MSCI Islamic M-Series640.2% FTSE Shariah77.4% |
| MFIC MidCap Financial Investment Corp. | NON_COMPLIANT | 2.55% | AAOIFI228.4% Usmani60.8% Dow Jones Islamic181.1% S&P Shariah199.4% MSCI Islamic60.8% MSCI Islamic M-Series199.4% FTSE Shariah60.8% |
| WU Western Union Co. (The) | NON_COMPLIANT | 2.53% | AAOIFI104.5% Usmani31.5% Dow Jones Islamic91.2% S&P Shariah83.5% MSCI Islamic31.5% MSCI Islamic M-Series83.5% FTSE Shariah31.5% |
| CCAP Crescent Capital BDC, Inc. | NON_COMPLIANT | 2.49% | AAOIFI248.3% Usmani57.0% Dow Jones Islamic189.0% S&P Shariah189.7% MSCI Islamic57.0% MSCI Islamic M-Series189.7% FTSE Shariah57.0% |
| CION Investment Corp. | UNSCREENED | 2.43% | no in-house ratios for this holding |
| APAM Artisan Partners Asset Management Inc. | NON_COMPLIANT | 2.35% | AAOIFI7.0% Usmani13.0% Dow Jones Islamic6.1% S&P Shariah6.4% MSCI Islamic13.0% MSCI Islamic M-Series6.4% FTSE Shariah13.0% |
| TCPC BlackRock TCP Capital Corp. | NON_COMPLIANT | 2.34% | AAOIFI262.5% Usmani61.7% Dow Jones Islamic201.3% S&P Shariah195.9% MSCI Islamic61.7% MSCI Islamic M-Series195.9% FTSE Shariah61.7% |
| FBRT Franklin BSP Realty Trust, Inc. | NON_COMPLIANT | 2.25% | AAOIFI35.0% Usmani3.9% Dow Jones Islamic32.0% S&P Shariah31.6% MSCI Islamic3.9% MSCI Islamic M-Series31.6% FTSE Shariah3.9% |
| AB AllianceBernstein Holding L.P. | NON_COMPLIANT | 2.23% | AAOIFI0.0% Usmani0.0% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.0% MSCI Islamic M-Series0.0% FTSE Shariah0.0% |
| Washington Trust Bancorp, Inc. | UNSCREENED | 2.09% | no in-house ratios for this holding |
| PRU Prudential Financial, Inc. | NON_COMPLIANT | 1.68% | AAOIFI49.0% Usmani2.6% Dow Jones Islamic56.4% S&P Shariah57.7% MSCI Islamic2.6% MSCI Islamic M-Series57.7% FTSE Shariah2.6% |
| KRNY Kearny Financial Corp. | NON_COMPLIANT | 1.68% | AAOIFI178.9% Usmani15.0% Dow Jones Islamic258.5% S&P Shariah273.2% MSCI Islamic15.0% MSCI Islamic M-Series273.2% FTSE Shariah15.0% |
| PennantPark Investment Corp. | UNSCREENED | 1.63% | no in-house ratios for this holding |
| LNC Lincoln National Corp. | NON_COMPLIANT | 1.60% | AAOIFI74.3% Usmani1.5% Dow Jones Islamic100.2% S&P Shariah113.6% MSCI Islamic1.5% MSCI Islamic M-Series113.6% FTSE Shariah1.5% |
| NWBI Northwest Bancshares, Inc. | NON_COMPLIANT | 1.60% | AAOIFI16.1% Usmani2.1% Dow Jones Islamic21.6% S&P Shariah23.7% MSCI Islamic2.1% MSCI Islamic M-Series23.7% FTSE Shariah2.1% |
| PEBO Peoples Bancorp Inc. | NON_COMPLIANT | 1.45% | AAOIFI52.3% Usmani7.8% Dow Jones Islamic68.2% S&P Shariah72.4% MSCI Islamic7.8% MSCI Islamic M-Series72.4% FTSE Shariah7.8% |
| FIBK First Interstate BancSystem, Inc. | NON_COMPLIANT | 1.45% | AAOIFI4.1% Usmani0.6% Dow Jones Islamic4.6% S&P Shariah5.0% MSCI Islamic0.6% MSCI Islamic M-Series5.0% FTSE Shariah0.6% |
| BEN Franklin Templeton, Inc. | NON_COMPLIANT | 1.28% | AAOIFI14.1% Usmani6.6% Dow Jones Islamic19.8% S&P Shariah20.3% MSCI Islamic6.6% MSCI Islamic M-Series20.3% FTSE Shariah6.6% |
The published standards disagree about this fund by 11 points of portfolio weight — 11.3% of it passes AAOIFI, 0.0% 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 11.3% ratios fail on 65.0% 37.3% not rated under AAOIFI
ratios pass on 0.0% ratios fail on 38.9% 74.7% not rated under Usmani
ratios pass on 11.3% ratios fail on 62.7% 39.5% not rated under Dow Jones Islamic
ratios pass on 11.3% ratios fail on 56.6% 45.6% not rated under S&P Shariah
ratios pass on 11.3% ratios fail on 38.9% 63.4% not rated under MSCI Islamic
ratios pass on 11.3% ratios fail on 62.7% 39.5% not rated under MSCI Islamic M-Series
ratios pass on 11.3% ratios fail on 38.9% 63.4% not rated under FTSE Shariah
28 of 39 listed holdings carry our own per-methodology verdicts (76% of weight). The rest hold a provider verdict with no methodology breakdown, and are counted as rated by none. Of those, 27 (73% of weight) also carry the underlying debt ratio; the rest show a verdict without the figure behind it.
| Non-compliant holding | Weight |
|---|---|
| FSK FS KKR Capital Corp. | 4.22% |
| ORC Orchid Island Capital, Inc. | 4.11% |
| IVR Invesco Mortgage Capital Inc. | 4.06% |
| GSBD Goldman Sachs BDC, Inc. | 3.92% |
| DX Dynex Capital, Inc. | 3.69% |
| MFA MFA Financial, Inc. | 3.33% |
| PMT PennyMac Mortgage Investment Trust | 3.30% |
| TRIN Trinity Capital Inc. | 3.25% |
| NMFC New Mountain Finance Corp. | 2.92% |
| RWT Redwood Trust, Inc. | 2.78% |
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.
Invesco KBW High Dividend Yield Financial ETF (KBWD) 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 KBWD — 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) | 48.40 | NEUTRAL |
| Stochastic %K (14) | 55.00 | NEUTRAL |
| CCI (20) | 76.06 | NEUTRAL |
| Williams %R (14) | -45.00 | NEUTRAL |
| MACD (12,26,9) | 0.07 | BUY |
| ROC (10) | 2.31 | BUY |
| Momentum (10) | 0.24 | BUY |
| EMA (10) | 10.64 | SELL |
| SMA (10) | 10.65 | SELL |
| EMA (20) | 10.64 | SELL |
| SMA (20) | 10.49 | BUY |
| EMA (30) | 10.73 | SELL |
| SMA (30) | 10.58 | SELL |
| EMA (50) | 10.94 | SELL |
| SMA (50) | 11.04 | SELL |
| EMA (100) | 11.29 | SELL |
| SMA (100) | 11.47 | SELL |
| EMA (200) | 11.62 | SELL |
| SMA (200) | 11.74 | SELL |
About Invesco KBW High Dividend Yield Financial ETF
The fund generally will invest at least 90% of its total assets in the securities that comprise the underlying index. The underlying index is a modified-dividend yield-weighted index of companies principally engaged in the business of providing financial services and products, as determined by the index provider. The underlying index is designed to track the performance of financial companies with competitive dividend yields that are publicly-traded in the U.S.
Background via Yahoo Finance — informational, not part of the 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.
| Timeframe | Bias | Bars |
|---|---|---|
| 📅 Daily | BULLISH | 44 |
| ⏰ 4H | BULLISH | 36 |
| 🕐 1H | RANGING | 98 |
| ⏱ 15-Min | BEARISH | 130 |
| ⏲ 5-Min | BEARISH | 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.
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.