USDETF / FundProShares Ultra Semiconductors
Verdicts genuinely change. Free email alert the moment USD'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.
ProShares Ultra Semiconductors ETF · ProShares Trust
59 holdings · as of 2026-08-31 (2.5 months ago)
NON-COMPLIANT At least 7.75% of portfolio weight is in non-compliant holdings — already over the 5% threshold, so the verdict is settled whatever the unmatched 49% turns out to be. Matching more holdings can only raise this share, never lower it.
7.68% of that is conventional interest-bearing debt, identified from the fund's own filing rather than by screening an issuer. Sukuk are deliberately excluded from this test and are never counted here.
59 holdings, 42 matched (51% of weight). Portfolio as of 2026-08-31, filed 2026-10-28. Source: SEC Form N-PORT.
0.93% of this portfolio’s income is non-permissible — weighted across holdings, computed over 43% of portfolio weight (33 of 59 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 (59)
| Holding | Status | Weight | Every methodology, and the debt ratio behind it |
|---|---|---|---|
| ProShares GENIUS Money Market ETF | UNSCREENED | 21.57% | no in-house ratios for this holding |
| NVDA NVIDIA Corp. | COMPLIANT | 20.03% | AAOIFI1.1% Usmani12.1% Dow Jones Islamic0.9% S&P Shariah1.1% MSCI Islamic12.1% MSCI Islamic M-Series1.1% FTSE Shariah10.4% |
| N/A | UNSCREENED | 7.04% | no in-house ratios for this holding |
| N/A | UNSCREENED | 6.84% | no in-house ratios for this holding |
| AVGO Broadcom, Inc. | COMPLIANT | 6.57% | AAOIFI3.8% Usmani32.5% Dow Jones Islamic4.4% S&P Shariah5.5% MSCI Islamic32.5% MSCI Islamic M-Series5.5% FTSE Shariah32.5% |
| N/A | UNSCREENED | 5.81% | no in-house ratios for this holding |
| N/A | UNSCREENED | 5.62% | no in-house ratios for this holding |
| MU Micron Technology, Inc. | COMPLIANT | 4.05% | AAOIFI0.4% Usmani3.2% Dow Jones Islamic0.9% S&P Shariah1.2% MSCI Islamic2.0% MSCI Islamic M-Series1.2% FTSE Shariah1.7% |
| U.S. Treasury Bills | NON_COMPLIANT | 3.18% | no in-house ratios for this holding |
| AMD Advanced Micro Devices, Inc. | COMPLIANT | 2.88% | AAOIFI0.5% Usmani5.1% Dow Jones Islamic1.2% S&P Shariah1.3% MSCI Islamic5.1% MSCI Islamic M-Series1.3% FTSE Shariah3.8% |
| United States of America | NON_COMPLIANT | 1.86% | no in-house ratios for this holding |
| INTC Intel Corp. | COMPLIANT | 1.66% | AAOIFI9.2% Usmani25.0% Dow Jones Islamic23.9% S&P Shariah26.3% MSCI Islamic25.0% MSCI Islamic M-Series26.3% FTSE Shariah25.0% |
| LRCX Lam Research Corp. | COMPLIANT | 1.41% | AAOIFI1.0% Usmani17.5% Dow Jones Islamic2.1% S&P Shariah2.4% MSCI Islamic17.5% MSCI Islamic M-Series2.4% FTSE Shariah15.8% |
| AMAT Applied Materials, Inc. | COMPLIANT | 1.36% | AAOIFI1.9% Usmani16.6% Dow Jones Islamic3.4% S&P Shariah3.7% MSCI Islamic16.6% MSCI Islamic M-Series3.7% FTSE Shariah14.8% |
| United States of America | NON_COMPLIANT | 1.15% | no in-house ratios for this holding |
| United States of America | NON_COMPLIANT | 0.93% | no in-house ratios for this holding |
| TXN Texas Instruments, Inc. | COMPLIANT | 0.89% | AAOIFI5.9% Usmani39.2% Dow Jones Islamic7.6% S&P Shariah8.1% MSCI Islamic39.2% MSCI Islamic M-Series8.1% FTSE Shariah39.2% |
| KLAC KLA Corp. | COMPLIANT | 0.86% | AAOIFI2.5% Usmani34.3% Dow Jones Islamic4.0% S&P Shariah4.7% MSCI Islamic34.3% MSCI Islamic M-Series4.7% FTSE Shariah32.8% |
| N/A | UNSCREENED | 0.85% | no in-house ratios for this holding |
| MRVL Marvell Technology, Inc. | COMPLIANT | 0.69% | AAOIFI2.7% Usmani19.2% Dow Jones Islamic5.6% S&P Shariah6.5% MSCI Islamic19.2% MSCI Islamic M-Series6.5% FTSE Shariah18.0% |
| QCOM QUALCOMM, Inc. | COMPLIANT | 0.67% | AAOIFI8.3% Usmani25.7% Dow Jones Islamic8.6% S&P Shariah8.7% MSCI Islamic25.7% MSCI Islamic M-Series8.7% FTSE Shariah25.7% |
| ADI Analog Devices, Inc. | COMPLIANT | 0.66% | AAOIFI4.6% Usmani16.8% Dow Jones Islamic6.1% S&P Shariah6.8% MSCI Islamic16.8% MSCI Islamic M-Series6.8% FTSE Shariah16.8% |
| N/A | UNSCREENED | 0.55% | no in-house ratios for this holding |
| U.S. Treasury Bills | NON_COMPLIANT | 0.37% | no in-house ratios for this holding |
| Repurchase Agreement | UNSCREENED | 0.26% | no in-house ratios for this holding |
| MPWR Monolithic Power Systems, Inc. | COMPLIANT | 0.23% | AAOIFI0.0% Usmani0.4% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.4% MSCI Islamic M-Series0.0% FTSE Shariah0.0% |
| NXPI NXP Semiconductors NV | COMPLIANT | 0.21% | AAOIFI22.1% Usmani46.1% Dow Jones Islamic22.1% S&P Shariah22.0% MSCI Islamic46.1% MSCI Islamic M-Series22.0% FTSE Shariah45.1% |
| TER Teradyne, Inc. | COMPLIANT | 0.21% | AAOIFI0.2% Usmani2.0% Dow Jones Islamic0.3% S&P Shariah0.4% MSCI Islamic2.0% MSCI Islamic M-Series0.4% FTSE Shariah0.0% |
| United States of America | NON_COMPLIANT | 0.19% | no in-house ratios for this holding |
| Repurchase Agreement | UNSCREENED | 0.18% | no in-house ratios for this holding |
| MCHP Microchip Technology, Inc. | COMPLIANT | 0.15% | AAOIFI13.8% Usmani38.2% Dow Jones Islamic15.3% S&P Shariah14.3% MSCI Islamic38.2% MSCI Islamic M-Series14.3% FTSE Shariah37.2% |
| ALAB Astera Labs, Inc. | COMPLIANT | 0.15% | AAOIFI0.1% Usmani2.3% Dow Jones Islamic0.2% S&P Shariah0.2% MSCI Islamic2.3% MSCI Islamic M-Series0.2% FTSE Shariah0.0% |
| CRDO Credo Technology Group Holding Ltd. | COMPLIANT | 0.14% | AAOIFI— Usmani— Dow Jones Islamic— S&P Shariah— MSCI Islamic— MSCI Islamic M-Series— FTSE Shariah— |
| ON ON Semiconductor Corp. | COMPLIANT | 0.11% | AAOIFI16.9% Usmani34.9% Dow Jones Islamic18.0% S&P Shariah16.5% MSCI Islamic34.7% MSCI Islamic M-Series16.5% FTSE Shariah33.1% |
| Repurchase Agreement | UNSCREENED | 0.11% | no in-house ratios for this holding |
| Q Qnity Electronics, Inc. | COMPLIANT | 0.09% | AAOIFI17.6% Usmani31.6% Dow Jones Islamicpass S&P Shariahpass MSCI Islamic31.6% MSCI Islamic M-Seriespass FTSE Shariah28.1% |
| ENTG Entegris, Inc. | COMPLIANT | 0.08% | AAOIFI16.5% Usmani42.3% Dow Jones Islamic22.1% S&P Shariah21.4% MSCI Islamic42.1% MSCI Islamic M-Series21.4% FTSE Shariah41.1% |
| MTSI MACOM Technology Solutions Holdings, Inc. | COMPLIANT | 0.06% | AAOIFI2.1% Usmani17.5% Dow Jones Islamic2.6% S&P Shariah3.1% MSCI Islamic16.2% MSCI Islamic M-Series3.1% FTSE Shariah14.7% |
| MKSI MKS, Inc. | COMPLIANT | 0.06% | AAOIFI22.4% Usmani44.1% Dow Jones Islamic35.1% S&P Shariah39.9% MSCI Islamic44.1% MSCI Islamic M-Series39.9% FTSE Shariah44.1% |
| LSCC Lattice Semiconductor Corp. | COMPLIANT | 0.06% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| N/A | UNSCREENED | 0.06% | no in-house ratios for this holding |
| IONQ IonQ, Inc. | NON_COMPLIANT | 0.06% | AAOIFI0.4% Usmani0.8% Dow Jones Islamic0.4% S&P Shariah0.6% MSCI Islamic0.8% MSCI Islamic M-Series0.6% FTSE Shariah0.0% |
| Repurchase Agreement | UNSCREENED | 0.06% | no in-house ratios for this holding |
| N/A | UNSCREENED | 0.05% | no in-house ratios for this holding |
| ONTO Onto Innovation, Inc. | UNRATED | 0.05% | AAOIFI15.0% Usmani39.4% Dow Jones Islamic16.3% S&P Shariah16.3% MSCI Islamic39.4% MSCI Islamic M-Series16.3% FTSE Shariah39.4% |
| N/A | UNSCREENED | 0.04% | no in-house ratios for this holding |
| INVESCO GOVT AND AGCY LEX | UNSCREENED | 0.04% | no in-house ratios for this holding |
| SWKS Skyworks Solutions, Inc. | COMPLIANT | 0.04% | AAOIFI12.6% Usmani28.1% Dow Jones Islamic24.8% S&P Shariah21.8% MSCI Islamic28.1% MSCI Islamic M-Series21.8% FTSE Shariah26.2% |
| RMBS Rambus, Inc. | COMPLIANT | 0.04% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| Repurchase Agreement | UNSCREENED | 0.04% | no in-house ratios for this holding |
| Qorvo, Inc. | UNSCREENED | 0.03% | no in-house ratios for this holding |
| SLAB Silicon Laboratories, Inc. | COMPLIANT | 0.03% | AAOIFI0.0% Usmani0.0% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.0% MSCI Islamic M-Series0.0% FTSE Shariah0.0% |
| CBRS Cerebras Systems, Inc. | COMPLIANT | 0.02% | AAOIFI6.0% Usmani12.1% Dow Jones Islamic— S&P Shariah— MSCI Islamic12.1% MSCI Islamic M-Series— FTSE Shariah6.9% |
| CRUS Cirrus Logic, Inc. | COMPLIANT | 0.02% | AAOIFI— Usmani— Dow Jones Islamic— S&P Shariah— MSCI Islamic— MSCI Islamic M-Series— FTSE Shariah— |
| AMKR Amkor Technology, Inc. | COMPLIANT | 0.02% | AAOIFI12.6% Usmani19.6% Dow Jones Islamic16.4% S&P Shariah17.6% MSCI Islamic18.0% MSCI Islamic M-Series17.6% FTSE Shariah17.2% |
| ENPH Enphase Energy, Inc. | COMPLIANT | 0.02% | AAOIFI11.9% Usmani22.5% Dow Jones Islamic9.1% S&P Shariah6.3% MSCI Islamic22.5% MSCI Islamic M-Series6.3% FTSE Shariah21.0% |
| GFS GLOBALFOUNDRIES, Inc. | COMPLIANT | 0.02% | AAOIFI4.6% Usmani6.7% Dow Jones Islamic4.7% S&P Shariah4.4% MSCI Islamic6.7% MSCI Islamic M-Series4.4% FTSE Shariah6.7% |
| ALGM Allegro MicroSystems, Inc. | COMPLIANT | 0.02% | AAOIFI4.5% Usmani22.0% Dow Jones Islamic5.2% S&P Shariah5.3% MSCI Islamic21.5% MSCI Islamic M-Series5.3% FTSE Shariah20.3% |
| OLED Universal Display Corp. | NON_COMPLIANT | 0.01% | AAOIFI0.5% Usmani2.0% Dow Jones Islamic0.4% S&P Shariah0.3% MSCI Islamic1.1% MSCI Islamic M-Series0.3% FTSE Shariah0.0% |
The published standards disagree about this fund by 10 points of portfolio weight — 43.0% of it passes AAOIFI, 32.8% 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 43.0% ratios fail on 0.2% 57.2% not rated under AAOIFI
ratios pass on 40.6% ratios fail on 2.7% 57.2% not rated under Usmani
ratios pass on 42.3% ratios fail on 0.3% 57.9% not rated under Dow Jones Islamic
ratios pass on 42.3% ratios fail on 0.3% 57.9% not rated under S&P Shariah
ratios pass on 32.8% ratios fail on 9.8% 57.9% not rated under MSCI Islamic
ratios pass on 42.3% ratios fail on 0.3% 57.9% not rated under MSCI Islamic M-Series
ratios pass on 36.8% ratios fail on 5.7% 57.9% not rated under FTSE Shariah
36 of 59 listed holdings carry our own per-methodology verdicts (44% of weight). The rest hold a provider verdict with no methodology breakdown, and are counted as rated by none. Of those, 32 (43% 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.
ProShares Ultra Semiconductors (USD) 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 USD — 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) | 34.60 | NEUTRAL |
| Stochastic %K (14) | 14.29 | BUY |
| CCI (20) | -96.62 | NEUTRAL |
| Williams %R (14) | -85.71 | BUY |
| MACD (12,26,9) | -0.83 | SELL |
| ROC (10) | -21.44 | SELL |
| Momentum (10) | -14.98 | SELL |
| EMA (10) | 60.43 | SELL |
| SMA (10) | 58.98 | SELL |
| EMA (20) | 67.07 | SELL |
| SMA (20) | 68.32 | SELL |
| EMA (30) | 71.74 | SELL |
| SMA (30) | 76.43 | SELL |
| EMA (50) | 77.02 | SELL |
| SMA (50) | 82.06 | SELL |
| EMA (100) | 80.79 | SELL |
| SMA (100) | 84.96 | SELL |
| EMA (200) | 75.03 | SELL |
| SMA (200) | 78.65 | SELL |
About ProShares Ultra Semiconductors
The fund invests in financial instruments that ProShare Advisors believes, in combination, should produce daily returns consistent with the Daily Target. The index is designed to measure the stock performance of U.S. companies in the semiconductors sub-sector. Under normal circumstances, the fund will obtain leveraged exposure to at least 80% of its total assets in components of the index or in instruments with similar economic characteristics. 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 | BEARISH | 43 |
| ⏰ 4H | BEARISH | 67 |
| 🕐 1H | RANGING | 98 |
| ⏱ 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.
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.