SRVETF / FundNXG Cushing Midstream Energy Fund
Verdicts genuinely change. Free email alert the moment SRV's does — no target price to set, unlike "Alert" above.
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.
NXG Cushing Midstream Energy Fund
52 holdings · as of 2026-08-31 (2.2 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 150% of net assets rather than 100%. Shares of the portfolio are shown as shares of that gross exposure.
NON-COMPLIANT 92.37% of portfolio weight is in non-compliant holdings, over the 5% threshold.
52 holdings, 42 matched (85% of weight). Portfolio as of 2026-08-31, filed 2026-10-30. Source: SEC Form N-PORT.
0.30% of this portfolio’s income is non-permissible — weighted across holdings, computed over 80% of portfolio weight (39 of 52 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.
23.1% compliant 0.0% questionable 61.6% non-compliant 15.3% unscreened
All holdings (52)
| Holding | Status | Weight | Every methodology, and the debt ratio behind it |
|---|---|---|---|
| ET Energy Transfer LP | NON_COMPLIANT | 9.15% | AAOIFI94.8% Usmani47.4% Dow Jones Islamic120.8% S&P Shariah134.5% MSCI Islamic47.4% MSCI Islamic M-Series134.5% FTSE Shariah46.2% |
| TRGP Targa Resources Corp | NON_COMPLIANT | 7.89% | AAOIFI31.5% Usmani71.4% Dow Jones Islamic46.4% S&P Shariah55.1% MSCI Islamic68.7% MSCI Islamic M-Series55.1% FTSE Shariah68.7% |
| Plains GP Holdings LP | UNSCREENED | 6.89% | no in-house ratios for this holding |
| WMB Williams Cos Inc/The | NON_COMPLIANT | 6.38% | AAOIFI35.0% Usmani50.0% Dow Jones Islamic41.0% S&P Shariah47.9% MSCI Islamic50.0% MSCI Islamic M-Series47.9% FTSE Shariah50.0% |
| LNG Cheniere Energy Inc | NON_COMPLIANT | 5.86% | AAOIFI44.4% Usmani55.8% Dow Jones Islamic54.4% S&P Shariah58.8% MSCI Islamic55.8% MSCI Islamic M-Series58.8% FTSE Shariah50.6% |
| KNTK Kinetik Holdings Inc | NON_COMPLIANT | 5.60% | AAOIFI43.0% Usmani55.5% Dow Jones Islamic56.5% S&P Shariah62.5% MSCI Islamic55.5% MSCI Islamic M-Series62.5% FTSE Shariah54.8% |
| DTM DT Midstream Inc | COMPLIANT | 5.08% | AAOIFI25.5% Usmani33.0% Dow Jones Islamic30.1% S&P Shariah36.3% MSCI Islamic33.0% MSCI Islamic M-Series36.3% FTSE Shariah32.6% |
| SUNC Sunococorp LLC | NON_COMPLIANT | 4.97% | AAOIFI362.1% Usmani51.6% Dow Jones Islamic— S&P Shariah— MSCI Islamic49.6% MSCI Islamic M-Series— FTSE Shariah44.5% |
| GEV GE Vernova Inc | COMPLIANT | 4.86% | AAOIFI1.1% Usmani3.5% Dow Jones Islamic1.7% S&P Shariah2.0% MSCI Islamic3.5% MSCI Islamic M-Series2.0% FTSE Shariah3.5% |
| TRP TC Energy Corp | NON_COMPLIANT | 4.64% | AAOIFI2.2% Usmani1.7% Dow Jones Islamic2.6% S&P Shariah2.9% MSCI Islamic1.7% MSCI Islamic M-Series2.9% FTSE Shariah1.3% |
| OKE ONEOK Inc | NON_COMPLIANT | 4.51% | AAOIFI52.4% Usmani46.0% Dow Jones Islamic62.1% S&P Shariah68.1% MSCI Islamic46.0% MSCI Islamic M-Series68.1% FTSE Shariah46.0% |
| KEY.TO Keyera Corp | NON_COMPLIANT | 4.43% | AAOIFI38.0% Usmani49.4% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic48.2% MSCI Islamic M-Seriesfail FTSE Shariah48.2% |
| CEG Constellation Energy Corp | COMPLIANT | 4.35% | AAOIFI18.4% Usmani19.8% Dow Jones Islamic20.8% S&P Shariah24.7% MSCI Islamic19.8% MSCI Islamic M-Series24.7% FTSE Shariah19.8% |
| Solaris Energy Infrastructure | UNSCREENED | 4.15% | no in-house ratios for this holding |
| BE Bloom Energy Corp | COMPLIANT | 4.07% | AAOIFI— Usmani— Dow Jones Islamic— S&P Shariah— MSCI Islamic— MSCI Islamic M-Series— FTSE Shariah— |
| VST Vistra Corp | NON_COMPLIANT | 4.03% | AAOIFI39.4% Usmani46.0% Dow Jones Islamic36.7% S&P Shariah46.3% MSCI Islamic46.0% MSCI Islamic M-Series46.3% FTSE Shariah46.0% |
| MPLX MPLX LP | NON_COMPLIANT | 4.03% | AAOIFI42.8% Usmani60.3% Dow Jones Islamic52.4% S&P Shariah59.3% MSCI Islamic60.3% MSCI Islamic M-Series59.3% FTSE Shariah59.7% |
| NRG NRG Energy Inc | NON_COMPLIANT | 3.97% | AAOIFI85.9% Usmani53.8% Dow Jones Islamic81.4% S&P Shariah98.7% MSCI Islamic53.8% MSCI Islamic M-Series98.7% FTSE Shariah53.3% |
| TLN Talen Energy Corp | NON_COMPLIANT | 3.60% | AAOIFI61.3% Usmani63.5% Dow Jones Islamic68.1% S&P Shariah74.8% MSCI Islamic63.5% MSCI Islamic M-Series74.8% FTSE Shariah63.5% |
| KGS Kodiak Gas Services Inc | NON_COMPLIANT | 3.50% | AAOIFI43.8% Usmani51.2% Dow Jones Islamic74.1% S&P Shariah90.9% MSCI Islamic50.3% MSCI Islamic M-Series90.9% FTSE Shariah49.5% |
| KMI Kinder Morgan Inc | NON_COMPLIANT | 3.18% | AAOIFI46.1% Usmani43.5% Dow Jones Islamic53.0% S&P Shariah61.2% MSCI Islamic43.5% MSCI Islamic M-Series61.2% FTSE Shariah43.5% |
| WES Western Midstream Partners LP | NON_COMPLIANT | 3.16% | AAOIFI43.7% Usmani59.2% Dow Jones Islamic61.0% S&P Shariah68.0% MSCI Islamic59.1% MSCI Islamic M-Series68.0% FTSE Shariah57.9% |
| ENB.TO Enbridge Inc | NON_COMPLIANT | 2.93% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| First American Treasury Obliga | UNSCREENED | 2.85% | no in-house ratios for this holding |
| First American Government Obli | UNSCREENED | 2.85% | no in-house ratios for this holding |
| PWR Quanta Services Inc | COMPLIANT | 2.75% | AAOIFI6.9% Usmani23.3% Dow Jones Islamic10.1% S&P Shariah12.1% MSCI Islamic23.3% MSCI Islamic M-Series12.1% FTSE Shariah21.5% |
| WBI WaterBridge Infrastructure LLC | NON_COMPLIANT | 2.38% | AAOIFI39.9% Usmani41.2% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic41.2% MSCI Islamic M-Seriesfail FTSE Shariah41.0% |
| MTZ MasTec Inc | COMPLIANT | 2.02% | AAOIFI16.4% Usmani33.2% Dow Jones Islamic19.2% S&P Shariah24.0% MSCI Islamic29.6% MSCI Islamic M-Series24.0% FTSE Shariah25.1% |
| EROK EagleRock Land LLC | UNRATED | 1.99% | AAOIFI11.6% Usmani16.8% Dow Jones Islamic— S&P Shariah— MSCI Islamic16.8% MSCI Islamic M-Series— FTSE Shariah16.7% |
| NXT Nextpower Inc | COMPLIANT | 1.67% | AAOIFI0.3% Usmani0.9% Dow Jones Islamic0.4% S&P Shariah0.5% MSCI Islamic0.9% MSCI Islamic M-Series0.5% FTSE Shariah0.0% |
| TXO Partners LP | UNSCREENED | 1.63% | no in-house ratios for this holding |
| IRDM Iridium Communications Inc | NON_COMPLIANT | 1.60% | AAOIFI35.2% Usmani68.6% Dow Jones Islamic56.3% S&P Shariah52.1% MSCI Islamic68.6% MSCI Islamic M-Series52.1% FTSE Shariah68.6% |
| AGX Argan Inc | COMPLIANT | 1.45% | AAOIFIpass Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahfail |
| EE Excelerate Energy Inc | NON_COMPLIANT | 1.35% | AAOIFI26.9% Usmani29.7% Dow Jones Islamic30.9% S&P Shariah36.3% MSCI Islamic25.9% MSCI Islamic M-Series36.3% FTSE Shariah22.2% |
| DOCN DigitalOcean Holdings Inc | COMPLIANT | 1.24% | AAOIFI9.5% Usmani58.0% Dow Jones Islamic23.7% S&P Shariah28.5% MSCI Islamic44.8% MSCI Islamic M-Series28.5% FTSE Shariah29.5% |
| MWH Solv Energy Inc | COMPLIANT | 1.22% | AAOIFI0.0% Usmani0.0% Dow Jones Islamic— S&P Shariah— MSCI Islamic0.0% MSCI Islamic M-Series— FTSE Shariah0.0% |
| WTTR Select Water Solutions Inc | COMPLIANT | 1.19% | AAOIFI11.6% Usmani16.3% Dow Jones Islamic17.0% S&P Shariah19.1% MSCI Islamic16.3% MSCI Islamic M-Series19.1% FTSE Shariah14.5% |
| Nebius Group NV | UNSCREENED | 1.16% | no in-house ratios for this holding |
| VG Venture Global Inc | NON_COMPLIANT | 1.05% | AAOIFI137.8% Usmani69.6% Dow Jones Islamic142.4% S&P Shariahfail MSCI Islamic69.2% MSCI Islamic M-Seriesfail FTSE Shariah68.0% |
| CoreWeave Inc | UNSCREENED | 1.01% | no in-house ratios for this holding |
| IREN IREN Ltd | NON_COMPLIANT | 1.01% | AAOIFI48.9% Usmani49.6% Dow Jones Islamic83.7% S&P Shariah114.2% MSCI Islamic48.1% MSCI Islamic M-Series114.2% FTSE Shariah48.1% |
| Cipher Digital Inc | UNSCREENED | 1.00% | no in-house ratios for this holding |
| ENTG Entegris Inc | COMPLIANT | 0.97% | AAOIFI16.5% Usmani42.3% Dow Jones Islamic22.1% S&P Shariah21.4% MSCI Islamic42.1% MSCI Islamic M-Series21.4% FTSE Shariah41.1% |
| DY Dycom Industries Inc | COMPLIANT | 0.89% | AAOIFI33.4% Usmani46.6% Dow Jones Islamic36.4% S&P Shariah44.4% MSCI Islamic46.6% MSCI Islamic M-Series44.4% FTSE Shariah43.1% |
| USAC USA Compression Partners LP | NON_COMPLIANT | 0.87% | AAOIFI74.3% Usmani80.2% Dow Jones Islamic99.9% S&P Shariah110.9% MSCI Islamic80.2% MSCI Islamic M-Series110.9% FTSE Shariah79.8% |
| ARKO Arko Corp | NON_COMPLIANT | 0.85% | AAOIFI388.5% Usmani65.6% Dow Jones Islamic339.5% S&P Shariah320.4% MSCI Islamic59.9% MSCI Islamic M-Series320.4% FTSE Shariah19.0% |
| D Dominion Energy Inc | NON_COMPLIANT | 0.83% | AAOIFI86.6% Usmani42.8% Dow Jones Islamic102.1% S&P Shariah112.1% MSCI Islamic42.3% MSCI Islamic M-Series112.1% FTSE Shariah41.7% |
| Core Scientific Inc | UNSCREENED | 0.82% | no in-house ratios for this holding |
| STRL Sterling Infrastructure Inc | COMPLIANT | 0.80% | AAOIFI2.2% Usmani10.6% Dow Jones Islamic3.3% S&P Shariah4.3% MSCI Islamic10.5% MSCI Islamic M-Series4.3% FTSE Shariah8.9% |
| NEXTERA ENERGY CAPITAL | UNSCREENED | 0.58% | no in-house ratios for this holding |
| NEE NextEra Energy Inc | NON_COMPLIANT | 0.42% | AAOIFI55.9% Usmani44.2% Dow Jones Islamic61.0% S&P Shariah66.0% MSCI Islamic44.2% MSCI Islamic M-Series66.0% FTSE Shariah44.2% |
| NGL NGL ENERGY PARTNERS LP | NON_COMPLIANT | 0.18% | AAOIFI151.8% Usmani81.4% Dow Jones Islamic322.5% S&P Shariah368.4% MSCI Islamic81.2% MSCI Islamic M-Series368.4% FTSE Shariah78.4% |
The published standards disagree about this fund by 11 points of portfolio weight — 34.4% of it passes AAOIFI, 23.6% 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 34.4% ratios fail on 87.3% 28.2% not rated under AAOIFI
ratios pass on 23.6% ratios fail on 98.0% 28.2% not rated under Usmani
ratios pass on 31.6% ratios fail on 82.3% 36.0% not rated under Dow Jones Islamic
ratios pass on 25.1% ratios fail on 88.7% 36.0% not rated under S&P Shariah
ratios pass on 28.2% ratios fail on 93.8% 27.8% not rated under MSCI Islamic
ratios pass on 25.1% ratios fail on 88.7% 36.0% not rated under MSCI Islamic M-Series
ratios pass on 32.0% ratios fail on 88.8% 29.0% not rated under FTSE Shariah
42 of 52 listed holdings carry our own per-methodology verdicts (127% of weight). The rest hold a provider verdict with no methodology breakdown, and are counted as rated by none. Of those, 39 (118% 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.
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.
NXG Cushing Midstream Energy Fund (SRV) 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 SRV — 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) | 32.50 | NEUTRAL |
| Stochastic %K (14) | 5.86 | BUY |
| CCI (20) | -113.56 | BUY |
| Williams %R (14) | -94.14 | BUY |
| MACD (12,26,9) | -0.07 | SELL |
| ROC (10) | -7.57 | SELL |
| Momentum (10) | -3.00 | SELL |
| EMA (10) | 39.29 | SELL |
| SMA (10) | 39.08 | SELL |
| EMA (20) | 40.13 | SELL |
| SMA (20) | 40.45 | SELL |
| EMA (30) | 40.85 | SELL |
| SMA (30) | 40.99 | SELL |
| EMA (50) | 41.90 | SELL |
| SMA (50) | 42.41 | SELL |
| EMA (100) | 42.88 | SELL |
| SMA (100) | 44.32 | SELL |
| EMA (200) | 41.63 | SELL |
| SMA (200) | 43.17 | SELL |
About NXG Cushing Midstream Energy Fund
Financial Services · Asset Management
NXG Cushing Midstream Energy Fund is a closed-ended balanced mutual fund launched by Swank Capital, LLC. The fund is managed by Swank Energy Income Advisors L.P. It invests in the public equity and fixed income markets across the globe with a focus in United States. The fund typically invests in MLPs, Other Natural Resource Companies, and global commodities. It primarily invests in the securities of MLPs, other equity securities, debt securities, and securities of non-U.S. issuers employing a fundamental analysis. NXG Cushing Midstream Energy Fund was formed on May 23, 2007 and is domiciled in Dallas.
Background via Yahoo Finance — informational, not part of the verdict.
Exceptional confluence — high-probability setup
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 | 42 |
| ⏰ 4H | BEARISH | 23 |
| 🕐 1H | BEARISH | 95 |
| ⏱ 15-Min | BEARISH | 130 |
| ⏲ 5-Min | BULLISH | 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 2026-10-27 · Asset managers net 923449 (+22072)
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.