UYMETF / FundProShares Ultra Materials
Verdicts genuinely change. Free email alert the moment UYM'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 Materials · ProShares Trust
36 holdings
NON-COMPLIANT 21.90% of portfolio weight is in non-compliant holdings, over the 5% threshold.
36 holdings, 26 matched (78% of weight). Portfolio as of 2026-08-31, filed 2026-10-28. Source: SEC Form N-PORT.
0.42% of this portfolio’s income is non-permissible — weighted across holdings, computed over 78% of portfolio weight (26 of 36 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.
47.4% compliant 0.0% questionable 21.9% non-compliant 19.2% unscreened
All holdings (36)
| Holding | Status | Weight | Every methodology, and the debt ratio behind it |
|---|---|---|---|
| LIN Linde plc | COMPLIANT | 9.14% | AAOIFI13.0% Usmani31.7% Dow Jones Islamic13.0% S&P Shariah13.4% MSCI Islamic31.7% MSCI Islamic M-Series13.4% FTSE Shariah31.7% |
| Repurchase Agreement | UNSCREENED | 5.97% | no in-house ratios for this holding |
| NEM Newmont Corp. | COMPLIANT | 5.44% | AAOIFI3.8% Usmani8.8% Dow Jones Islamic6.1% S&P Shariah7.4% MSCI Islamic8.8% MSCI Islamic M-Series7.4% FTSE Shariah8.8% |
| FCX Freeport-McMoRan, Inc. | COMPLIANT | 4.40% | AAOIFI12.2% Usmani16.8% Dow Jones Islamic14.2% S&P Shariah14.9% MSCI Islamic16.8% MSCI Islamic M-Series14.9% FTSE Shariah15.3% |
| Repurchase Agreement | UNSCREENED | 3.97% | no in-house ratios for this holding |
| CTVA Corteva, Inc. | COMPLIANT | 3.42% | AAOIFI55.0% Usmani8.0% Dow Jones Islamic7.3% S&P Shariah7.9% MSCI Islamic8.0% MSCI Islamic M-Series7.9% FTSE Shariah8.0% |
| APD Air Products & Chemicals, Inc. | COMPLIANT | 3.36% | AAOIFI0.9% Usmani1.5% Dow Jones Islamic1.0% S&P Shariah1.0% MSCI Islamic1.5% MSCI Islamic M-Series1.0% FTSE Shariah0.3% |
| SHW Sherwin-Williams Co. (The) | COMPLIANT | 3.35% | AAOIFI18.0% Usmani52.7% Dow Jones Islamic16.6% S&P Shariah17.3% MSCI Islamic52.7% MSCI Islamic M-Series17.3% FTSE Shariah44.8% |
| ECL Ecolab, Inc. | COMPLIANT | 3.31% | AAOIFI17.0% Usmani44.6% Dow Jones Islamic18.1% S&P Shariah19.4% MSCI Islamic44.6% MSCI Islamic M-Series19.4% FTSE Shariah44.0% |
| NUE Nucor Corp. | COMPLIANT | 2.99% | AAOIFI11.5% Usmani17.0% Dow Jones Islamic16.6% S&P Shariah16.7% MSCI Islamic17.0% MSCI Islamic M-Series16.7% FTSE Shariah17.0% |
| VMC Vulcan Materials Co. | COMPLIANT | 2.97% | AAOIFI14.1% Usmani30.1% Dow Jones Islamic13.9% S&P Shariah14.6% MSCI Islamic30.1% MSCI Islamic M-Series14.6% FTSE Shariah26.6% |
| CRH CRH plc | NON_COMPLIANT | 2.83% | AAOIFI31.8% Usmani33.7% Dow Jones Islamic27.6% S&P Shariah30.6% MSCI Islamic32.7% MSCI Islamic M-Series30.6% FTSE Shariah30.4% |
| MLM Martin Marietta Materials, Inc. | NON_COMPLIANT | 2.82% | AAOIFI17.5% Usmani29.8% Dow Jones Islamic18.4% S&P Shariah18.9% MSCI Islamic29.8% MSCI Islamic M-Series18.9% FTSE Shariah27.9% |
| STLD Steel Dynamics, Inc. | COMPLIANT | 2.60% | AAOIFI12.1% Usmani24.4% Dow Jones Islamic17.6% S&P Shariah18.9% MSCI Islamic24.4% MSCI Islamic M-Series18.9% FTSE Shariah24.4% |
| Repurchase Agreement | UNSCREENED | 2.38% | no in-house ratios for this holding |
| PPG PPG Industries, Inc. | NON_COMPLIANT | 2.30% | AAOIFI31.6% Usmani34.8% Dow Jones Islamic30.9% S&P Shariah29.1% MSCI Islamic34.7% MSCI Islamic M-Series29.1% FTSE Shariah32.1% |
| SW Smurfit Westrock plc | NON_COMPLIANT | 2.27% | AAOIFI61.2% Usmani31.3% Dow Jones Islamic62.7% S&P Shariah90.7% MSCI Islamic31.3% MSCI Islamic M-Series90.7% FTSE Shariah31.3% |
| IFF International Flavors & Fragrances, Inc. | NON_COMPLIANT | 2.03% | AAOIFI26.5% Usmani23.0% Dow Jones Islamic29.7% S&P Shariah29.3% MSCI Islamic23.0% MSCI Islamic M-Series29.3% FTSE Shariah22.7% |
| DOW Dow, Inc. | NON_COMPLIANT | 2.03% | AAOIFI91.5% Usmani32.7% Dow Jones Islamic88.2% S&P Shariah76.2% MSCI Islamic32.7% MSCI Islamic M-Series76.2% FTSE Shariah30.2% |
| AMCR Amcor plc | NON_COMPLIANT | 1.96% | AAOIFI71.8% Usmani41.9% Dow Jones Islamic93.4% S&P Shariah101.7% MSCI Islamic41.8% MSCI Islamic M-Series101.7% FTSE Shariah38.9% |
| PKG Packaging Corp. of America | COMPLIANT | 1.91% | AAOIFI20.8% Usmani40.0% Dow Jones Islamic0.2% S&P Shariah0.2% MSCI Islamic39.9% MSCI Islamic M-Series0.2% FTSE Shariah36.0% |
| IP International Paper Co. | NON_COMPLIANT | 1.85% | AAOIFI50.2% Usmani27.3% Dow Jones Islamic47.6% S&P Shariah55.5% MSCI Islamic27.1% MSCI Islamic M-Series55.5% FTSE Shariah25.2% |
| CF CF Industries Holdings, Inc. | COMPLIANT | 1.84% | AAOIFI17.9% Usmani23.9% Dow Jones Islamic24.1% S&P Shariah24.7% MSCI Islamic23.9% MSCI Islamic M-Series24.7% FTSE Shariah21.3% |
| LYB LyondellBasell Industries NV | NON_COMPLIANT | 1.55% | AAOIFI62.2% Usmani37.0% Dow Jones Islamic65.8% S&P Shariah58.8% MSCI Islamic37.0% MSCI Islamic M-Series58.8% FTSE Shariah33.2% |
| BALL Ball Corp. | NON_COMPLIANT | 1.55% | AAOIFI44.4% Usmani37.5% Dow Jones Islamic49.3% S&P Shariah46.1% MSCI Islamic37.5% MSCI Islamic M-Series46.1% FTSE Shariah35.7% |
| ALB Albemarle Corp. | COMPLIANT | 1.47% | AAOIFI13.1% Usmani13.2% Dow Jones Islamic15.4% S&P Shariah15.0% MSCI Islamic12.6% MSCI Islamic M-Series15.0% FTSE Shariah11.8% |
| Repurchase Agreement | UNSCREENED | 1.27% | no in-house ratios for this holding |
| AVY Avery Dennison Corp. | COMPLIANT | 1.23% | AAOIFI27.4% Usmani39.9% Dow Jones Islamic27.3% S&P Shariah25.7% MSCI Islamic39.9% MSCI Islamic M-Series25.7% FTSE Shariah39.9% |
| N/A | UNSCREENED | 1.18% | no in-house ratios for this holding |
| N/A | UNSCREENED | 1.05% | no in-house ratios for this holding |
| N/A | UNSCREENED | 0.98% | no in-house ratios for this holding |
| N/A | UNSCREENED | 0.92% | no in-house ratios for this holding |
| Repurchase Agreement | UNSCREENED | 0.79% | no in-house ratios for this holding |
| MOS Mosaic Co. (The) | NON_COMPLIANT | 0.71% | AAOIFI60.0% Usmani20.5% Dow Jones Islamic59.7% S&P Shariah57.0% MSCI Islamic20.5% MSCI Islamic M-Series57.0% FTSE Shariah19.6% |
| N/A | UNSCREENED | 0.66% | no in-house ratios for this holding |
| DD DuPont de Nemours, Inc. | COMPLIANT | 0.00% | AAOIFI17.6% Usmani14.8% Dow Jones Islamic12.1% S&P Shariah11.4% MSCI Islamic14.8% MSCI Islamic M-Series11.4% FTSE Shariah14.8% |
The published standards disagree about this fund by 9 points of portfolio weight — 54.1% of it passes Dow Jones Islamic, 45.4% 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 45.5% ratios fail on 20.5% 22.6% not rated under AAOIFI
ratios pass on 46.0% ratios fail on 20.0% 22.6% not rated under Usmani
ratios pass on 54.1% ratios fail on 11.9% 22.6% not rated under Dow Jones Islamic
ratios pass on 54.1% ratios fail on 11.9% 22.6% not rated under S&P Shariah
ratios pass on 45.4% ratios fail on 20.6% 22.6% not rated under MSCI Islamic
ratios pass on 54.1% ratios fail on 11.9% 22.6% not rated under MSCI Islamic M-Series
ratios pass on 52.7% ratios fail on 13.3% 22.6% not rated under FTSE Shariah
26 of 36 listed holdings carry our own per-methodology verdicts (69% of weight). The rest hold a provider verdict with no methodology breakdown, and are counted as rated by none.
| Non-compliant holding | Weight |
|---|---|
| CRH CRH plc | 2.83% |
| MLM Martin Marietta Materials, Inc. | 2.82% |
| PPG PPG Industries, Inc. | 2.30% |
| SW Smurfit Westrock plc | 2.27% |
| IFF International Flavors & Fragrances, Inc. | 2.03% |
| DOW Dow, Inc. | 2.03% |
| AMCR Amcor plc | 1.96% |
| IP International Paper Co. | 1.85% |
| LYB LyondellBasell Industries NV | 1.55% |
| BALL Ball Corp. | 1.55% |
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 Materials (UYM) 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 UYM — 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) | 51.30 | NEUTRAL |
| Stochastic %K (14) | 26.02 | NEUTRAL |
| CCI (20) | 4.49 | NEUTRAL |
| Williams %R (14) | -73.98 | NEUTRAL |
| MACD (12,26,9) | -0.09 | SELL |
| ROC (10) | -2.68 | SELL |
| Momentum (10) | -0.84 | SELL |
| EMA (10) | 30.89 | SELL |
| SMA (10) | 31.23 | SELL |
| EMA (20) | 30.51 | SELL |
| SMA (20) | 30.65 | SELL |
| EMA (30) | 30.20 | BUY |
| SMA (30) | 29.73 | BUY |
| EMA (50) | 29.94 | BUY |
| SMA (50) | 29.24 | BUY |
| EMA (100) | 29.77 | BUY |
| SMA (100) | 29.89 | BUY |
| EMA (200) | 29.16 | BUY |
| SMA (200) | 30.09 | BUY |
About ProShares Ultra Materials
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 performance of materials companies included in the S&P 500 Index. 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 | BULLISH | 43 |
| ⏱ 15-Min | BEARISH | 52 |
| ⏲ 5-Min | BEARISH | 156 |
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.