MIGOETF / FundMIG Core ETF
Verdicts genuinely change. Free email alert the moment MIGO'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.
MIG Core ETF · EXCHANGE TRADED CONCEPTS TRUST
50 holdings
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 101% of net assets rather than 100%. Shares of the portfolio are shown as shares of that gross exposure.
NON-COMPLIANT At least 14.86% of portfolio weight is in non-compliant holdings — already over the 5% threshold, so the verdict is settled whatever the unmatched 41% turns out to be. Matching more holdings can only raise this share, never lower it.
50 holdings, 40 matched (60% of weight). Portfolio as of 2026-08-31, filed 2026-10-29. Source: SEC Form N-PORT.
1.00% of this portfolio’s income is non-permissible — weighted across holdings, computed over 57% of portfolio weight (39 of 50 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 (50)
| Holding | Status | Weight | Every methodology, and the debt ratio behind it |
|---|---|---|---|
| Vanguard 500 Index Fund | UNSCREENED | 19.29% | no in-house ratios for this holding |
| Invesco QQQ Trust Series 1 | UNSCREENED | 4.88% | no in-house ratios for this holding |
| AVGO BROADCOM INC. | COMPLIANT | 3.89% | AAOIFI3.8% Usmani32.5% Dow Jones Islamic4.4% S&P Shariah5.5% MSCI Islamic32.5% MSCI Islamic M-Series5.5% FTSE Shariah32.5% |
| VanEck Semiconductor ETF | UNSCREENED | 3.81% | no in-house ratios for this holding |
| MSFT MICROSOFT CORPORATION | QUESTIONABLE | 3.47% | AAOIFI1.5% Usmani7.5% Dow Jones Islamic1.7% S&P Shariah1.8% MSCI Islamic7.5% MSCI Islamic M-Series1.8% FTSE Shariah5.3% |
| State Street SPDR NYSE Technology ETF | UNSCREENED | 3.45% | no in-house ratios for this holding |
| DXCM DEXCOM, INC. | COMPLIANT | 3.14% | AAOIFI4.1% Usmani21.7% Dow Jones Islamic4.7% S&P Shariah4.0% MSCI Islamic20.9% MSCI Islamic M-Series4.0% FTSE Shariah19.3% |
| iShares Expanded Tech Sector ETF | UNSCREENED | 3.11% | no in-house ratios for this holding |
| AMZN AMAZON.COM, INC. | QUESTIONABLE | 2.80% | AAOIFI8.2% Usmani22.1% Dow Jones Islamic9.6% S&P Shariah10.6% MSCI Islamic20.9% MSCI Islamic M-Series10.6% FTSE Shariah12.1% |
| MU MICRON TECHNOLOGY, INC. | COMPLIANT | 2.78% | AAOIFI0.6% Usmani6.7% Dow Jones Islamic1.8% S&P Shariah2.4% MSCI Islamic4.8% MSCI Islamic M-Series2.4% FTSE Shariah4.3% |
| TSM Taiwan Semiconductor Manufacturing Company Limited | COMPLIANT | 2.74% | AAOIFI1.5% Usmani13.8% Dow Jones Islamic0.5% S&P Shariah0.6% MSCI Islamic13.4% MSCI Islamic M-Series0.6% FTSE Shariah13.4% |
| GOOG ALPHABET INC. | QUESTIONABLE | 2.67% | AAOIFI2.9% Usmani13.1% Dow Jones Islamic3.9% S&P Shariah4.5% MSCI Islamic12.8% MSCI Islamic M-Series4.5% FTSE Shariah10.9% |
| CELH CELSIUS HOLDINGS, INC. | NON_COMPLIANT | 2.63% | AAOIFI9.0% Usmani13.1% Dow Jones Islamic7.0% S&P Shariah6.0% MSCI Islamic13.1% MSCI Islamic M-Series6.0% FTSE Shariah13.1% |
| CACC CREDIT ACCEPTANCE CORPORATION | NON_COMPLIANT | 2.45% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| SHC SOTERA HEALTH COMPANY | NON_COMPLIANT | 2.44% | AAOIFI40.3% Usmani68.6% Dow Jones Islamic50.9% S&P Shariah52.6% MSCI Islamic65.7% MSCI Islamic M-Series52.6% FTSE Shariah64.7% |
| Amplify Cybersecurity ETF | UNSCREENED | 2.44% | no in-house ratios for this holding |
| META META PLATFORMS, INC. | QUESTIONABLE | 2.43% | AAOIFI7.2% Usmani25.0% Dow Jones Islamic7.0% S&P Shariah7.9% MSCI Islamic25.0% MSCI Islamic M-Series7.9% FTSE Shariah18.6% |
| WMS ADVANCED DRAINAGE SYSTEMS, INC. | COMPLIANT | 1.88% | AAOIFI16.0% Usmani40.8% Dow Jones Islamic16.1% S&P Shariah15.7% MSCI Islamic37.4% MSCI Islamic M-Series15.7% FTSE Shariah35.8% |
| KNF KNIFE RIVER CORPORATION | NON_COMPLIANT | 1.69% | AAOIFI47.9% Usmani39.9% Dow Jones Islamic34.9% S&P Shariah37.4% MSCI Islamic39.9% MSCI Islamic M-Series37.4% FTSE Shariah38.7% |
| LLY ELI LILLY AND COMPANY | COMPLIANT | 1.64% | AAOIFI5.2% Usmani38.6% Dow Jones Islamic6.4% S&P Shariah6.9% MSCI Islamic38.6% MSCI Islamic M-Series6.9% FTSE Shariah38.6% |
| Invesco PHLX Semiconductor ETF | UNSCREENED | 1.62% | no in-house ratios for this holding |
| LRCX LAM RESEARCH CORPORATION | COMPLIANT | 1.49% | AAOIFI1.0% Usmani17.5% Dow Jones Islamic2.1% S&P Shariah2.4% MSCI Islamic17.5% MSCI Islamic M-Series2.4% FTSE Shariah15.8% |
| STX SEAGATE TECHNOLOGY HOLDINGS PUBLIC LIMITED COMPANY | COMPLIANT | 1.48% | AAOIFI2.0% Usmani39.5% Dow Jones Islamic5.8% S&P Shariah7.7% MSCI Islamic39.5% MSCI Islamic M-Series7.7% FTSE Shariah36.1% |
| WDC WESTERN DIGITAL CORPORATION | COMPLIANT | 1.33% | AAOIFI0.9% Usmani8.6% Dow Jones Islamic1.6% S&P Shariah2.1% MSCI Islamic8.6% MSCI Islamic M-Series2.1% FTSE Shariah7.6% |
| First Trust NASDAQ Cln Edge Smart Grid Infra Ix Fd | UNSCREENED | 1.28% | no in-house ratios for this holding |
| AMAT APPLIED MATERIALS, INC. | COMPLIANT | 1.22% | AAOIFI1.9% Usmani16.6% Dow Jones Islamic3.4% S&P Shariah3.7% MSCI Islamic16.6% MSCI Islamic M-Series3.7% FTSE Shariah14.8% |
| BX BLACKSTONE INC. | NON_COMPLIANT | 1.20% | AAOIFI7.9% Usmani26.7% Dow Jones Islamic12.7% S&P Shariah13.8% MSCI Islamic26.7% MSCI Islamic M-Series13.8% FTSE Shariah26.7% |
| PANW PALO ALTO NETWORKS, INC. | COMPLIANT | 1.14% | AAOIFI0.3% Usmani1.6% Dow Jones Islamic0.5% S&P Shariah0.6% MSCI Islamic1.6% MSCI Islamic M-Series0.6% FTSE Shariah0.0% |
| ARES ARES MANAGEMENT CORPORATION | NON_COMPLIANT | 1.09% | AAOIFI0.0% Usmani0.0% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.0% MSCI Islamic M-Series0.0% FTSE Shariah0.0% |
| COHR Coherent Corp. | COMPLIANT | 1.07% | AAOIFI6.0% Usmani19.3% Dow Jones Islamic12.1% S&P Shariah15.9% MSCI Islamic19.3% MSCI Islamic M-Series15.9% FTSE Shariah17.6% |
| MDB MONGODB, INC. | COMPLIANT | 1.06% | AAOIFI0.1% Usmani1.5% Dow Jones Islamic0.1% S&P Shariah0.1% MSCI Islamic0.8% MSCI Islamic M-Series0.1% FTSE Shariah0.0% |
| P Everpure, Inc | COMPLIANT | 0.97% | AAOIFI0.7% Usmani4.3% Dow Jones Islamic1.0% S&P Shariah1.1% MSCI Islamic4.3% MSCI Islamic M-Series1.1% FTSE Shariah0.0% |
| DDOG DATADOG, INC. | NON_COMPLIANT | 0.95% | AAOIFI1.7% Usmani16.9% Dow Jones Islamic2.4% S&P Shariah2.6% MSCI Islamic16.9% MSCI Islamic M-Series2.6% FTSE Shariah13.1% |
| RBRK RUBRIK, INC. | COMPLIANT | 0.92% | AAOIFI5.9% Usmani40.4% Dow Jones Islamic8.1% S&P Shariahpass MSCI Islamic40.4% MSCI Islamic M-Seriespass FTSE Shariah39.8% |
| GMRS GMR SOLUTIONS INC. | NON_COMPLIANT | 0.91% | AAOIFI684.4% Usmani64.0% Dow Jones Islamic661.7% S&P Shariah661.7% MSCI Islamic62.7% MSCI Islamic M-Series661.7% FTSE Shariah59.5% |
| SNX TD SYNNEX CORPORATION | COMPLIANT | 0.91% | AAOIFI22.5% Usmani12.3% Dow Jones Islamic36.1% S&P Shariah39.8% MSCI Islamic12.3% MSCI Islamic M-Series39.8% FTSE Shariah12.3% |
| SHOP SHOPIFY INC. | COMPLIANT | 0.85% | AAOIFI0.1% Usmani1.2% Dow Jones Islamic0.1% S&P Shariah0.1% MSCI Islamic1.2% MSCI Islamic M-Series0.1% FTSE Shariah0.0% |
| APH AMPHENOL CORPORATION | NON_COMPLIANT | 0.76% | AAOIFI9.5% Usmani42.0% Dow Jones Islamic13.3% S&P Shariah16.1% MSCI Islamic42.0% MSCI Islamic M-Series16.1% FTSE Shariah42.0% |
| KLAC KLA CORPORATION | COMPLIANT | 0.74% | AAOIFI2.5% Usmani34.3% Dow Jones Islamic4.0% S&P Shariah4.7% MSCI Islamic34.3% MSCI Islamic M-Series4.7% FTSE Shariah32.8% |
| ZS ZSCALER, INC. | COMPLIANT | 0.73% | AAOIFI7.7% Usmani23.6% Dow Jones Islamic5.6% S&P Shariah5.9% MSCI Islamic23.6% MSCI Islamic M-Series5.9% FTSE Shariah21.6% |
| RDDT REDDIT, INC. | QUESTIONABLE | 0.71% | AAOIFI0.1% Usmani0.6% Dow Jones Islamic0.1% S&P Shariah0.1% MSCI Islamic0.6% MSCI Islamic M-Series0.1% FTSE Shariah0.0% |
| CIEN CIENA CORPORATION | COMPLIANT | 0.69% | AAOIFI6.7% Usmani41.1% Dow Jones Islamic10.4% S&P Shariah14.0% MSCI Islamic41.0% MSCI Islamic M-Series14.0% FTSE Shariah40.4% |
| SNOW SNOWFLAKE INC. | COMPLIANT | 0.67% | AAOIFI0.4% Usmani5.5% Dow Jones Islamic0.7% S&P Shariah0.8% MSCI Islamic5.5% MSCI Islamic M-Series0.8% FTSE Shariah0.0% |
| NVDA NVIDIA CORPORATION | COMPLIANT | 0.64% | AAOIFI1.1% Usmani12.1% Dow Jones Islamic0.9% S&P Shariah1.1% MSCI Islamic12.1% MSCI Islamic M-Series1.1% FTSE Shariah10.4% |
| Invesco Government & Agency Portfolio | UNSCREENED | 0.63% | no in-house ratios for this holding |
| ECL ECOLAB INC. | COMPLIANT | 0.53% | AAOIFI17.0% Usmani44.6% Dow Jones Islamic18.1% S&P Shariah19.4% MSCI Islamic44.6% MSCI Islamic M-Series19.4% FTSE Shariah44.0% |
| JBL JABIL INC. | COMPLIANT | 0.39% | AAOIFI11.7% Usmani16.3% Dow Jones Islamic16.6% S&P Shariah18.9% MSCI Islamic16.3% MSCI Islamic M-Series18.9% FTSE Shariah14.2% |
| SPOT SPOTIFY TECHNOLOGY S.A. | NON_COMPLIANT | 0.37% | AAOIFI1.6% Usmani9.7% Dow Jones Islamic1.5% S&P Shariah1.9% MSCI Islamic9.7% MSCI Islamic M-Series1.9% FTSE Shariah9.7% |
| RRX Regal Rexnord Corporation | NON_COMPLIANT | 0.36% | AAOIFI43.7% Usmani34.7% Dow Jones Islamic44.5% S&P Shariah46.1% MSCI Islamic34.7% MSCI Islamic M-Series46.1% FTSE Shariah33.5% |
| Jersey Mike's Subs Inc | UNSCREENED | 0.25% | no in-house ratios for this holding |
The published standards disagree about this fund by 27 points of portfolio weight — 47.7% of it passes AAOIFI, 20.7% 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 47.7% ratios fail on 8.8% 44.1% not rated under AAOIFI
ratios pass on 33.1% ratios fail on 22.1% 45.3% not rated under Usmani
ratios pass on 46.4% ratios fail on 9.7% 44.5% not rated under Dow Jones Islamic
ratios pass on 46.4% ratios fail on 9.7% 44.5% not rated under S&P Shariah
ratios pass on 20.7% ratios fail on 33.7% 46.2% not rated under MSCI Islamic
ratios pass on 46.4% ratios fail on 9.7% 44.5% not rated under MSCI Islamic M-Series
ratios pass on 31.9% ratios fail on 24.2% 44.5% not rated under FTSE Shariah
40 of 50 listed holdings carry our own per-methodology verdicts (60% of weight). The rest hold a provider verdict with no methodology breakdown, and are counted as rated by none. Of those, 39 (57% of weight) also carry the underlying debt ratio; the rest show a verdict without the figure behind it.
| Non-compliant holding | Weight |
|---|---|
| CELH CELSIUS HOLDINGS, INC. | 2.63% |
| CACC CREDIT ACCEPTANCE CORPORATION | 2.45% |
| SHC SOTERA HEALTH COMPANY | 2.44% |
| KNF KNIFE RIVER CORPORATION | 1.69% |
| BX BLACKSTONE INC. | 1.20% |
| ARES ARES MANAGEMENT CORPORATION | 1.09% |
| DDOG DATADOG, INC. | 0.95% |
| GMRS GMR SOLUTIONS INC. | 0.91% |
| APH AMPHENOL CORPORATION | 0.76% |
| SPOT SPOTIFY TECHNOLOGY S.A. | 0.37% |
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.
MIG Core ETF (MIGO) 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 MIGO — 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) | 31.20 | NEUTRAL |
| Stochastic %K (14) | 10.37 | BUY |
| CCI (20) | -181.94 | BUY |
| Williams %R (14) | -89.63 | BUY |
| MACD (12,26,9) | -0.26 | SELL |
| ROC (10) | -6.80 | SELL |
| Momentum (10) | -1.94 | SELL |
| EMA (10) | 27.85 | SELL |
| SMA (10) | 28.18 | SELL |
| EMA (20) | 28.49 | SELL |
| SMA (20) | 28.71 | SELL |
| EMA (30) | 28.82 | SELL |
| SMA (30) | 29.26 | SELL |
| EMA (50) | 29.10 | SELL |
| SMA (50) | 29.38 | SELL |
| EMA (100) | 28.82 | SELL |
| SMA (100) | 29.50 | SELL |
| EMA (200) | 28.05 | SELL |
About MIG Core ETF
The fund seeks to achieve its investment objective by investing in equity securities (e.g. common and preferred stock) and/or unaffiliated ETFs. It will generally invest in equity securities of U.S. large capitalization companies or other investments with similar economic characteristics. It 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 | BEARISH | 44 |
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.