LPREETF / FundLong Pond Real Estate Select ETF
Verdicts genuinely change. Free email alert the moment LPRE'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.
Long Pond Real Estate Select ETF · Exchange Listed Funds Trust
24 holdings
NON-COMPLIANT 68.32% of portfolio weight is in non-compliant holdings, over the 5% threshold.
24 holdings, 21 matched (91% of weight). Portfolio as of 2026-08-31, filed 2026-10-29. Source: SEC Form N-PORT.
1.33% of this portfolio’s income is non-permissible — weighted across holdings, computed over 86% of portfolio weight (20 of 24 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.
22.8% compliant 0.0% questionable 68.3% non-compliant 8.8% unscreened
All holdings (24)
| Holding | Status | Weight | Every methodology, and the debt ratio behind it |
|---|---|---|---|
| SBAC SBA COMMUNICATIONS CORP | NON_COMPLIANT | 7.89% | AAOIFI63.3% Usmani108.4% Dow Jones Islamic58.7% S&P Shariah58.5% MSCI Islamic108.4% MSCI Islamic M-Series58.5% FTSE Shariah108.4% |
| ELS EQUITY LIFESTYLE PROPERTIES INC | COMPLIANT | 7.87% | AAOIFI27.9% Usmani58.2% Dow Jones Islamic27.8% S&P Shariah28.2% MSCI Islamic58.2% MSCI Islamic M-Series28.2% FTSE Shariah58.2% |
| DHI D.R. HORTON INC | COMPLIANT | 6.78% | AAOIFI0.0% Usmani0.0% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.0% MSCI Islamic M-Series0.0% FTSE Shariah0.0% |
| UDR UDR INC | NON_COMPLIANT | 6.54% | AAOIFI41.8% Usmani54.8% Dow Jones Islamic45.2% S&P Shariah46.9% MSCI Islamic54.8% MSCI Islamic M-Series46.9% FTSE Shariah54.8% |
| MAA MID-AMERICA APARTMENT COMMUNITIES INC | NON_COMPLIANT | 6.22% | AAOIFI0.0% Usmani0.0% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.0% MSCI Islamic M-Series0.0% FTSE Shariah0.0% |
| HGV HILTON GRAND VACATIONS INC | NON_COMPLIANT | 6.09% | AAOIFI149.2% Usmani39.9% Dow Jones Islamic128.3% S&P Shariah122.5% MSCI Islamic39.9% MSCI Islamic M-Series122.5% FTSE Shariah39.9% |
| JAN JANUS LIVING INC | COMPLIANT | 6.00% | AAOIFI0.0% Usmani0.0% Dow Jones Islamicpass S&P Shariahpass MSCI Islamic0.0% MSCI Islamic M-Seriespass FTSE Shariah0.0% |
| AC.PA ACCOR SA | NON_COMPLIANT | 4.78% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| CHDN CHURCHILL DOWNS INC | NON_COMPLIANT | 4.77% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| AGREE REALTY CORP | UNSCREENED | 4.54% | no in-house ratios for this holding |
| IRT INDEPENDENCE REALTY TRUST INC | NON_COMPLIANT | 4.42% | AAOIFI62.8% Usmani40.1% Dow Jones Islamic60.8% S&P Shariah64.8% MSCI Islamic40.1% MSCI Islamic M-Series64.8% FTSE Shariah40.1% |
| H HYATT HOTELS CORP | NON_COMPLIANT | 4.14% | AAOIFI27.6% Usmani33.5% Dow Jones Islamic32.3% S&P Shariah33.3% MSCI Islamic33.5% MSCI Islamic M-Series33.3% FTSE Shariah32.0% |
| AMERICOLD REALTY TRUST INC | UNSCREENED | 4.10% | no in-house ratios for this holding |
| INVH INVITATION HOMES INC | NON_COMPLIANT | 3.94% | AAOIFI52.4% Usmani46.2% Dow Jones Islamic47.8% S&P Shariah46.8% MSCI Islamic46.2% MSCI Islamic M-Series46.8% FTSE Shariah46.2% |
| HLT HILTON WORLDWIDE HOLDINGS INC | NON_COMPLIANT | 3.29% | AAOIFI20.0% Usmani82.8% Dow Jones Islamic21.8% S&P Shariah23.8% MSCI Islamic82.8% MSCI Islamic M-Series23.8% FTSE Shariah78.8% |
| PLD PROLOGIS INC | NON_COMPLIANT | 3.12% | AAOIFI25.8% Usmani35.3% Dow Jones Islamic31.2% S&P Shariah32.1% MSCI Islamic35.3% MSCI Islamic M-Series32.1% FTSE Shariah35.3% |
| UTG.L UNITE GROUP PLC (THE) | NON_COMPLIANT | 2.95% | AAOIFI52.7% Usmani22.3% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic21.1% MSCI Islamic M-Seriesfail FTSE Shariah21.1% |
| CPT CAMDEN PROPERTY TRUST | NON_COMPLIANT | 2.93% | AAOIFI49.3% Usmani51.3% Dow Jones Islamic43.8% S&P Shariah45.2% MSCI Islamic51.3% MSCI Islamic M-Series45.2% FTSE Shariah51.3% |
| WYNN WYNN RESORTS LTD | NON_COMPLIANT | 2.82% | AAOIFI118.1% Usmani93.8% Dow Jones Islamic116.9% S&P Shariah118.6% MSCI Islamic93.8% MSCI Islamic M-Series118.6% FTSE Shariah81.5% |
| CUBE CUBESMART | NON_COMPLIANT | 2.52% | AAOIFI0.0% Usmani0.0% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.0% MSCI Islamic M-Series0.0% FTSE Shariah0.0% |
| AMT AMERICAN TOWER CORP | NON_COMPLIANT | 1.90% | AAOIFI52.7% Usmani71.1% Dow Jones Islamic52.4% S&P Shariah52.4% MSCI Islamic71.1% MSCI Islamic M-Series52.4% FTSE Shariah58.8% |
| EQIX EQUINIX INC | COMPLIANT | 1.52% | AAOIFI20.7% Usmani57.3% Dow Jones Islamic24.8% S&P Shariah26.3% MSCI Islamic51.7% MSCI Islamic M-Series26.3% FTSE Shariah48.4% |
| SUI SUN COMMUNITIES INC | COMPLIANT | 0.65% | AAOIFI50.8% Usmani59.8% Dow Jones Islamic48.7% S&P Shariah50.2% MSCI Islamic59.8% MSCI Islamic M-Series50.2% FTSE Shariah59.8% |
| BBH SWEEP VEHICLE | UNSCREENED | 0.21% | no in-house ratios for this holding |
The published standards disagree about this fund by 32 points of portfolio weight — 35.2% of it passes AAOIFI, 3.0% 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 35.2% ratios fail on 49.0% 15.7% not rated under AAOIFI
ratios pass on 3.0% ratios fail on 72.0% 25.0% not rated under Usmani
ratios pass on 35.2% ratios fail on 49.0% 15.7% not rated under Dow Jones Islamic
ratios pass on 31.1% ratios fail on 53.2% 15.7% not rated under S&P Shariah
ratios pass on 12.3% ratios fail on 72.0% 15.7% not rated under MSCI Islamic
ratios pass on 35.2% ratios fail on 49.0% 15.7% not rated under MSCI Islamic M-Series
ratios pass on 16.4% ratios fail on 67.9% 15.7% not rated under FTSE Shariah
21 of 24 listed holdings carry our own per-methodology verdicts (91% of weight). The rest hold a provider verdict with no methodology breakdown, and are counted as rated by none. Of those, 19 (82% of weight) also carry the underlying debt ratio; the rest show a verdict without the figure behind it.
| Non-compliant holding | Weight |
|---|---|
| SBAC SBA COMMUNICATIONS CORP | 7.89% |
| UDR UDR INC | 6.54% |
| MAA MID-AMERICA APARTMENT COMMUNITIES INC | 6.22% |
| HGV HILTON GRAND VACATIONS INC | 6.09% |
| AC.PA ACCOR SA | 4.78% |
| CHDN CHURCHILL DOWNS INC | 4.77% |
| IRT INDEPENDENCE REALTY TRUST INC | 4.42% |
| H HYATT HOTELS CORP | 4.14% |
| INVH INVITATION HOMES INC | 3.94% |
| HLT HILTON WORLDWIDE HOLDINGS INC | 3.29% |
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.
Long Pond Real Estate Select ETF (LPRE) 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 LPRE — 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) | 62.10 | NEUTRAL |
| Stochastic %K (14) | 83.66 | SELL |
| CCI (20) | 68.41 | NEUTRAL |
| Williams %R (14) | -16.34 | SELL |
| MACD (12,26,9) | 0.09 | BUY |
| ROC (10) | 4.23 | BUY |
| Momentum (10) | 1.20 | BUY |
| EMA (10) | 29.37 | BUY |
| SMA (10) | 29.51 | BUY |
| EMA (20) | 28.91 | BUY |
| SMA (20) | 28.74 | BUY |
| EMA (30) | 28.67 | BUY |
| SMA (30) | 28.24 | BUY |
| EMA (50) | 28.55 | BUY |
| SMA (50) | 28.02 | BUY |
| EMA (100) | 28.55 | BUY |
| SMA (100) | 28.99 | BUY |
| EMA (200) | 27.99 | BUY |
| SMA (200) | 28.40 | BUY |
About Long Pond Real Estate Select ETF
The fund is an actively managed ETF that seeks to achieve its investment objective by investing in companies that are involved in the greater real estate economy which refers to the interrelated sectors and industries that derive at least 50% of their revenue from real estate related activities; are organized as REITs or REIT-like entities such as a real estate operating company; or that provide goods and services to real estate industry participants. The fund is non-diversified.
Background via Yahoo Finance — informational, not part of the verdict.
Weak — low conviction, small size or skip
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 |
| 🕐 1H | NEUTRAL | 18 |
| ⏱ 15-Min | RANGING | 75 |
| ⏲ 5-Min | BEARISH | 225 |
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.