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.
Bushido Capital US Equity ETF ETF · EA Series Trust
51 holdings · as of 2026-04-30 (4.6 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.
NON-COMPLIANT 31.67% of portfolio weight is in non-compliant holdings, over the 5% threshold.
51 holdings, 47 matched (93% of weight). Portfolio as of 2026-04-30, filed 2026-06-29. Source: SEC Form N-PORT.
1.52% of this portfolio’s income is non-permissible — weighted across holdings, computed over 89% of portfolio weight (45 of 51 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.
61.0% compliant 0.0% questionable 31.7% non-compliant 7.3% unscreened
| Holding | Status | Weight | Every methodology, and the debt ratio behind it |
|---|---|---|---|
| CNC Centene Corp | NON_COMPLIANT | 3.05% | AAOIFI50.5% Usmani19.4% Dow Jones Islamic62.6% S&P Shariah53.4% MSCI Islamic19.4% MSCI Islamic M-Series53.4% FTSE Shariah19.4% |
| ON ON Semiconductor Corp | COMPLIANT | 3.02% | AAOIFI16.9% Usmani34.9% Dow Jones Islamic18.0% S&P Shariah16.5% MSCI Islamic34.7% MSCI Islamic M-Series16.5% FTSE Shariah33.1% |
| Sandisk Corp/DE | UNSCREENED | 2.95% | no in-house ratios for this holding |
| QCOM QUALCOMM Inc | COMPLIANT | 2.60% | AAOIFI8.3% Usmani25.7% Dow Jones Islamic8.6% S&P Shariah8.7% MSCI Islamic25.7% MSCI Islamic M-Series8.7% FTSE Shariah25.7% |
| HUM Humana Inc | NON_COMPLIANT | 2.54% | AAOIFI30.1% Usmani26.3% Dow Jones Islamic44.9% S&P Shariah38.8% MSCI Islamic26.3% MSCI Islamic M-Series38.8% FTSE Shariah25.3% |
| ZM Zoom Communications Inc | COMPLIANT | 2.37% | AAOIFI0.2% Usmani0.4% Dow Jones Islamic0.2% S&P Shariah0.3% MSCI Islamic0.4% MSCI Islamic M-Series0.3% FTSE Shariah0.0% |
| DELL Dell Technologies Inc | COMPLIANT | 2.25% | AAOIFI10.2% Usmani27.7% Dow Jones Islamic30.9% S&P Shariah36.3% MSCI Islamic27.7% MSCI Islamic M-Series36.3% FTSE Shariah27.1% |
| TWLO Twilio Inc | COMPLIANT | 2.22% | AAOIFI3.1% Usmani9.8% Dow Jones Islamic5.4% S&P Shariah6.4% MSCI Islamic9.8% MSCI Islamic M-Series6.4% FTSE Shariah9.2% |
| VLO Valero Energy Corp | COMPLIANT | 2.11% | AAOIFI10.3% Usmani14.1% Dow Jones Islamic17.0% S&P Shariah18.0% MSCI Islamic14.1% MSCI Islamic M-Series18.0% FTSE Shariah14.1% |
| NEM Newmont Corp | COMPLIANT | 2.11% | AAOIFI3.8% Usmani8.8% Dow Jones Islamic6.1% S&P Shariah7.4% MSCI Islamic8.8% MSCI Islamic M-Series7.4% FTSE Shariah8.8% |
| CDW Corp/DE | UNSCREENED | 2.09% | no in-house ratios for this holding |
| FFIV F5 Inc | COMPLIANT | 2.08% | AAOIFI— Usmani— Dow Jones Islamic— S&P Shariah— MSCI Islamic— MSCI Islamic M-Series— FTSE Shariah— |
| SLB Ltd | UNSCREENED | 2.08% | no in-house ratios for this holding |
| RPRX Royalty Pharma PLC | COMPLIANT | 2.04% | AAOIFI24.4% Usmani45.2% Dow Jones Islamic60.3% S&P Shariah67.3% MSCI Islamic45.2% MSCI Islamic M-Series67.3% FTSE Shariah45.2% |
| EG Everest Group Ltd | NON_COMPLIANT | 2.03% | AAOIFI0.0% Usmani0.0% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.0% MSCI Islamic M-Series0.0% FTSE Shariah0.0% |
| CI Cigna Group/The | NON_COMPLIANT | 2.01% | AAOIFI42.7% Usmani20.3% Dow Jones Islamic40.5% S&P Shariah38.8% MSCI Islamic20.3% MSCI Islamic M-Series38.8% FTSE Shariah20.3% |
| FOX Fox Corp | NON_COMPLIANT | 2.01% | AAOIFI29.1% Usmani33.7% Dow Jones Islamic14791428216.1% S&P Shariah17289936602.0% MSCI Islamic33.7% MSCI Islamic M-Series17289936602.0% FTSE Shariah29.4% |
| NTAP NetApp Inc | COMPLIANT | 2.00% | AAOIFI7.4% Usmani25.0% Dow Jones Islamic11.7% S&P Shariah13.3% MSCI Islamic25.0% MSCI Islamic M-Series13.3% FTSE Shariah22.7% |
| ABNB Airbnb Inc | NON_COMPLIANT | 2.00% | AAOIFI2.3% Usmani8.7% Dow Jones Islamic3.1% S&P Shariah3.1% MSCI Islamic8.7% MSCI Islamic M-Series3.1% FTSE Shariah8.6% |
| EXPE Expedia Group Inc | NON_COMPLIANT | 1.98% | AAOIFI15.9% Usmani19.6% Dow Jones Islamic22.4% S&P Shariah26.0% MSCI Islamic19.6% MSCI Islamic M-Series26.0% FTSE Shariah18.8% |
| INCY Incyte Corp | COMPLIANT | 1.96% | AAOIFI0.1% Usmani0.7% Dow Jones Islamic0.1% S&P Shariah0.1% MSCI Islamic0.3% MSCI Islamic M-Series0.1% FTSE Shariah0.0% |
| SNA Snap-on Inc | NON_COMPLIANT | 1.96% | AAOIFI6.5% Usmani15.0% Dow Jones Islamic7.3% S&P Shariah7.9% MSCI Islamic14.9% MSCI Islamic M-Series7.9% FTSE Shariah13.7% |
| NBIX Neurocrine Biosciences Inc | COMPLIANT | 1.95% | AAOIFI2.9% Usmani8.6% Dow Jones Islamic3.4% S&P Shariah3.5% MSCI Islamic8.6% MSCI Islamic M-Series3.5% FTSE Shariah0.0% |
| PR Permian Resources Corp | COMPLIANT | 1.95% | AAOIFI16.0% Usmani17.0% Dow Jones Islamic25.3% S&P Shariah28.1% MSCI Islamic16.9% MSCI Islamic M-Series28.1% FTSE Shariah16.2% |
| TOL Toll Brothers Inc | COMPLIANT | 1.93% | AAOIFI0.0% Usmani0.0% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.0% MSCI Islamic M-Series0.0% FTSE Shariah0.0% |
| FANG Diamondback Energy Inc | COMPLIANT | 1.93% | AAOIFI22.6% Usmani18.0% Dow Jones Islamic28.3% S&P Shariah31.9% MSCI Islamic18.0% MSCI Islamic M-Series31.9% FTSE Shariah18.0% |
| ADBE Adobe Inc | COMPLIANT | 1.92% | AAOIFI5.9% Usmani20.3% Dow Jones Islamic4.0% S&P Shariah3.3% MSCI Islamic20.3% MSCI Islamic M-Series3.3% FTSE Shariah18.9% |
| PAYX Paychex Inc | COMPLIANT | 1.91% | AAOIFI11.1% Usmani28.6% Dow Jones Islamic10.7% S&P Shariah10.9% MSCI Islamic28.6% MSCI Islamic M-Series10.9% FTSE Shariah28.2% |
| UBER Uber Technologies Inc | COMPLIANT | 1.91% | AAOIFI9.5% Usmani22.4% Dow Jones Islamic8.9% S&P Shariah9.6% MSCI Islamic22.4% MSCI Islamic M-Series9.6% FTSE Shariah19.3% |
| NRG NRG Energy Inc | NON_COMPLIANT | 1.89% | AAOIFI85.9% Usmani53.8% Dow Jones Islamic81.4% S&P Shariah98.7% MSCI Islamic53.8% MSCI Islamic M-Series98.7% FTSE Shariah53.3% |
| DECK Deckers Outdoor Corp | COMPLIANT | 1.89% | AAOIFI4.2% Usmani12.2% Dow Jones Islamic2.6% S&P Shariah2.5% MSCI Islamic12.2% MSCI Islamic M-Series2.5% FTSE Shariah0.0% |
| OMC Omnicom Group Inc | NON_COMPLIANT | 1.89% | AAOIFI50.5% Usmani22.5% Dow Jones Islamic63.9% S&P Shariah66.1% MSCI Islamic22.5% MSCI Islamic M-Series66.1% FTSE Shariah18.7% |
| ADP Automatic Data Processing Inc | COMPLIANT | 1.87% | AAOIFI5.0% Usmani8.5% Dow Jones Islamic5.0% S&P Shariah5.2% MSCI Islamic8.5% MSCI Islamic M-Series5.2% FTSE Shariah7.9% |
| LVS Las Vegas Sands Corp | NON_COMPLIANT | 1.86% | AAOIFI53.8% Usmani76.7% Dow Jones Islamic44.9% S&P Shariah45.0% MSCI Islamic76.7% MSCI Islamic M-Series45.0% FTSE Shariah76.7% |
| CDE COEUR MINING INC. | COMPLIANT | 1.82% | AAOIFI0.0% Usmani0.1% Dow Jones Islamic0.1% S&P Shariah0.2% MSCI Islamic0.1% MSCI Islamic M-Series0.2% FTSE Shariah0.0% |
| LEN Lennar Corp | NON_COMPLIANT | 1.82% | AAOIFI30.7% Usmani17.4% Dow Jones Islamic21.2% S&P Shariah19.8% MSCI Islamic17.4% MSCI Islamic M-Series19.8% FTSE Shariah17.4% |
| NVR NVR Inc | COMPLIANT | 1.81% | AAOIFI0.0% Usmani0.0% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.0% MSCI Islamic M-Series0.0% FTSE Shariah0.0% |
| BKNG Booking Holdings Inc | COMPLIANT | 1.80% | AAOIFI— Usmani— Dow Jones Islamic— S&P Shariah— MSCI Islamic— MSCI Islamic M-Series— FTSE Shariah— |
| OKTA Okta Inc | COMPLIANT | 1.78% | AAOIFI0.2% Usmani0.6% Dow Jones Islamic0.3% S&P Shariah0.3% MSCI Islamic0.6% MSCI Islamic M-Series0.3% FTSE Shariah0.0% |
| LDOS Leidos Holdings Inc | NON_COMPLIANT | 1.77% | AAOIFI39.5% Usmani42.1% Dow Jones Islamic32.6% S&P Shariah34.8% MSCI Islamic42.1% MSCI Islamic M-Series34.8% FTSE Shariah38.6% |
| WDAY Workday Inc | COMPLIANT | 1.76% | AAOIFI8.4% Usmani23.8% Dow Jones Islamic8.1% S&P Shariah7.7% MSCI Islamic23.8% MSCI Islamic M-Series7.7% FTSE Shariah18.8% |
| MRK Merck & Co Inc | COMPLIANT | 1.75% | AAOIFI14.7% Usmani41.5% Dow Jones Islamic21.8% S&P Shariah20.9% MSCI Islamic41.5% MSCI Islamic M-Series20.9% FTSE Shariah41.5% |
| CRM Salesforce Inc | COMPLIANT | 1.73% | AAOIFI19.6% Usmani38.1% Dow Jones Islamic18.0% S&P Shariah17.7% MSCI Islamic38.1% MSCI Islamic M-Series17.7% FTSE Shariah35.8% |
| EXE Expand Energy Corp | COMPLIANT | 1.72% | AAOIFI22.5% Usmani17.3% Dow Jones Islamic22.5% S&P Shariah27.7% MSCI Islamic17.3% MSCI Islamic M-Series27.7% FTSE Shariah17.0% |
| ACN Accenture PLC | COMPLIANT | 1.67% | AAOIFI7.7% Usmani12.2% Dow Jones Islamic5.0% S&P Shariah4.7% MSCI Islamic12.2% MSCI Islamic M-Series4.7% FTSE Shariah7.5% |
| THC Tenet Healthcare Corp | NON_COMPLIANT | 1.66% | AAOIFI63.5% Usmani43.2% Dow Jones Islamic83.2% S&P Shariah95.3% MSCI Islamic43.2% MSCI Islamic M-Series95.3% FTSE Shariah43.2% |
| VEEV Veeva Systems Inc | NON_COMPLIANT | 1.63% | AAOIFI0.4% Usmani1.7% Dow Jones Islamic0.4% S&P Shariah0.4% MSCI Islamic1.7% MSCI Islamic M-Series0.4% FTSE Shariah0.0% |
| CTSH Cognizant Technology Solutions Corp | COMPLIANT | 1.63% | AAOIFI4.0% Usmani5.4% Dow Jones Islamic3.2% S&P Shariah3.2% MSCI Islamic5.3% MSCI Islamic M-Series3.2% FTSE Shariah2.8% |
| APTV Aptiv PLC | NON_COMPLIANT | 1.57% | AAOIFI— Usmani— Dow Jones Islamic— S&P Shariah— MSCI Islamic— MSCI Islamic M-Series— FTSE Shariah— |
| LULU Lululemon Athletica Inc | COMPLIANT | 1.56% | AAOIFI17.9% Usmani25.2% Dow Jones Islamic8.2% S&P Shariah6.5% MSCI Islamic25.2% MSCI Islamic M-Series6.5% FTSE Shariah0.0% |
| First American Government Obligations Fund | UNSCREENED | 0.19% | no in-house ratios for this holding |
The published standards disagree about this fund by 25 points of portfolio weight — 55.3% of it passes AAOIFI, 30.8% 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 55.3% ratios fail on 24.7% 20.0% not rated under AAOIFI
ratios pass on 46.0% ratios fail on 30.4% 23.7% not rated under Usmani
ratios pass on 48.5% ratios fail on 29.0% 22.6% not rated under Dow Jones Islamic
ratios pass on 46.4% ratios fail on 31.0% 22.6% not rated under S&P Shariah
ratios pass on 30.8% ratios fail on 44.9% 24.3% not rated under MSCI Islamic
ratios pass on 44.5% ratios fail on 33.0% 22.6% not rated under MSCI Islamic M-Series
ratios pass on 45.3% ratios fail on 30.4% 24.3% not rated under FTSE Shariah
47 of 51 listed holdings carry our own per-methodology verdicts (93% of weight). The rest hold a provider verdict with no methodology breakdown, and are counted as rated by none. Of those, 44 (87% 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.
SMRI (SMRI) 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.
Computing the full ratio and business-activity breakdown for SMRI — 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) | 45.20 | NEUTRAL |
| Stochastic %K (14) | 0.00 | BUY |
| CCI (20) | -134.90 | BUY |
| Williams %R (14) | -100.00 | BUY |
| MACD (12,26,9) | -0.32 | SELL |
| ROC (10) | -4.69 | SELL |
| Momentum (10) | -2.31 | SELL |
| EMA (10) | 47.69 | SELL |
| SMA (10) | 47.70 | SELL |
| EMA (20) | 47.68 | SELL |
| SMA (20) | 48.22 | SELL |
| EMA (30) | 47.28 | SELL |
| SMA (30) | 47.90 | SELL |
| EMA (50) | 46.21 | BUY |
| SMA (50) | 46.12 | BUY |
| EMA (100) | 43.85 | BUY |
| SMA (100) | 43.28 | BUY |
| EMA (200) | 40.62 | BUY |
| SMA (200) | 39.72 | BUY |
The fund is an actively managed exchange-traded fund (“ETF”) that seeks to achieve its investment objective by investing, under normal circumstances, at least 80% of the fund’s net assets (plus the amount of any borrowings for investment purposes) in U.S. listed common stock.
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 | BEARISH | 44 |
| 🕐 1H | BEARISH | 37 |
| ⏱ 15-Min | RANGING | 130 |
| ⏲ 5-Min | RANGING | 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 2026-09-15 · Asset managers net 904684 (-7677)
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.