SVALETF / FundiShares US Small Cap Value Factor ETF
Verdicts genuinely change. Free email alert the moment SVAL'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.
iShares US Small Cap Value Factor ETF ETF · iShares Trust
262 holdings · as of 2026-06-30 (4.2 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.
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 107% of net assets rather than 100%. Shares of the portfolio are shown as shares of that gross exposure.
NON-COMPLIANT 58.07% of portfolio weight is in non-compliant holdings, over the 5% threshold.
262 holdings, 209 matched (77% of weight). Portfolio as of 2026-06-30, filed 2026-08-24. Source: SEC Form N-PORT.
1.60% of this portfolio’s income is non-permissible — weighted across holdings, computed over 61% of portfolio weight (160 of 262 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.
22.0% compliant 0.8% questionable 54.3% non-compliant 22.9% unscreened
All holdings (262) · showing 251–262
| Holding | Status | Weight | Every methodology, and the debt ratio behind it |
|---|---|---|---|
| Goldman Sachs Bank USA | UNSCREENED | 0.01% | no in-house ratios for this holding |
| MICRO EMIN RUS2000SEP26 | UNSCREENED | 0.01% | no in-house ratios for this holding |
| BNP.PA BNP Paribas | NON_COMPLIANT | 0.00% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| JPMorgan Chase Bank N.A. | UNSCREENED | 0.00% | no in-house ratios for this holding |
| JPMorgan Chase Bank N.A. | UNSCREENED | 0.00% | no in-house ratios for this holding |
| BNP.PA BNP Paribas | NON_COMPLIANT | 0.00% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| BNP.PA BNP Paribas | NON_COMPLIANT | 0.00% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| BNP.PA BNP Paribas | NON_COMPLIANT | 0.00% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| JPMorgan Chase Bank N.A. | UNSCREENED | 0.00% | no in-house ratios for this holding |
| BNP.PA BNP Paribas | NON_COMPLIANT | 0.00% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| JPMorgan Chase Bank N.A. | UNSCREENED | 0.00% | no in-house ratios for this holding |
| JPMorgan Chase Bank N.A. | UNSCREENED | 0.00% | no in-house ratios for this holding |
The published standards disagree about this fund by 21 points of portfolio weight — 38.7% of it passes FTSE Shariah, 17.6% passes Dow Jones 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 23.7% ratios fail on 51.8% 31.4% not rated under AAOIFI
ratios pass on 33.9% ratios fail on 38.8% 34.2% not rated under Usmani
ratios pass on 17.6% ratios fail on 57.4% 31.9% not rated under Dow Jones Islamic
ratios pass on 18.9% ratios fail on 56.5% 31.5% not rated under S&P Shariah
ratios pass on 25.7% ratios fail on 47.2% 34.0% not rated under MSCI Islamic
ratios pass on 17.6% ratios fail on 57.4% 31.9% not rated under MSCI Islamic M-Series
ratios pass on 38.7% ratios fail on 32.7% 35.4% not rated under FTSE Shariah
203 of 262 listed holdings carry our own per-methodology verdicts (82% of weight). The rest hold a provider verdict with no methodology breakdown, and are counted as rated by none. Of those, 188 (77% of weight) also carry the underlying debt ratio; the rest show a verdict without the figure behind it.
| Non-compliant holding | Weight |
|---|---|
| OCFC OCEANFIRST FINANCIAL CORP. | 0.79% |
| CBRL Cracker Barrel Old Country Store, Inc. | 0.65% |
| NSIT INSIGHT ENTERPRISES, INC. | 0.64% |
| GEO THE GEO GROUP, INC. | 0.61% |
| CXW CORECIVIC, INC. | 0.57% |
| MOV MOVADO GROUP, INC. | 0.55% |
| TDOC TELADOC HEALTH, INC. | 0.54% |
| PEB PEBBLEBROOK HOTEL TRUST | 0.53% |
| PRG PROG Holdings, Inc | 0.50% |
| UFCS UNITED FIRE GROUP, INC. | 0.50% |
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.
iShares US Small Cap Value Factor ETF (SVAL) 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.
Still fetching analyst coverage — it ran past this page's budget, so the page painted without waiting. The fetch is still running; reload in a moment and it will be here.
🕌 In-house Compliance Research
Computing the full ratio and business-activity breakdown for SVAL — 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) | 61.10 | NEUTRAL |
| Stochastic %K (14) | 80.20 | SELL |
| CCI (20) | 109.00 | SELL |
| Williams %R (14) | -19.80 | SELL |
| MACD (12,26,9) | 0.08 | BUY |
| ROC (10) | 2.46 | BUY |
| Momentum (10) | 1.05 | BUY |
| EMA (10) | 43.13 | BUY |
| SMA (10) | 43.22 | BUY |
| EMA (20) | 42.86 | BUY |
| SMA (20) | 42.72 | BUY |
| EMA (30) | 42.73 | BUY |
| SMA (30) | 42.42 | BUY |
| EMA (50) | 42.57 | BUY |
| SMA (50) | 42.55 | BUY |
| EMA (100) | 41.89 | BUY |
| SMA (100) | 42.39 | BUY |
| EMA (200) | 39.69 | BUY |
| SMA (200) | 39.98 | BUY |
About iShares US Small Cap Value Factor ETF
The fund seeks to track the investment results of the Russell 2000 Focused Value Select Index (the “underlying index”), which is an equal-weighted equity index provided by FTSE Russell (the “index provider” or “Russell”). The underlying index measures the performance of small-capitalization U.S. companies with prominent value factor characteristics, as determined by the index Provider.
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 | 42 |
| 🕐 1H | BULLISH | 40 |
| ⏱ 15-Min | RANGING | 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.
Still fetching insider filings — it ran past this page's budget, so the page painted without waiting. The fetch is still running; reload in a moment and it will be here.
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.