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.
Virtus KAR Small-Mid Cap Core Fund · Virtus Equity Trust
29 holdings · as of 2026-06-30 (2.7 months ago)
NON-COMPLIANT 19.91% of portfolio weight is in non-compliant holdings, over the 5% threshold.
29 holdings, 27 matched (95% of weight). Portfolio as of 2026-06-30, filed 2026-08-28. Source: SEC Form N-PORT.
0.90% of this portfolio’s income is non-permissible — weighted across holdings, computed over 83% of portfolio weight (24 of 29 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.
74.2% compliant 0.0% questionable 19.9% non-compliant 5.2% unscreened
| Holding | Status | Weight | Every methodology, and the debt ratio behind it |
|---|---|---|---|
| IBKR INTERACTIVE BROKERS GROUP INC | NON_COMPLIANT | 6.21% | AAOIFI0.0% Usmani0.0% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.0% MSCI Islamic M-Series0.0% FTSE Shariah0.0% |
| WRB W. R. BERKLEY CORP | NON_COMPLIANT | 5.20% | AAOIFI0.0% Usmani0.0% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.0% MSCI Islamic M-Series0.0% FTSE Shariah0.0% |
| ULS UL SOLUTIONS INC | COMPLIANT | 5.15% | AAOIFI3.2% Usmani15.3% Dow Jones Islamic3.4% S&P Shariahpass MSCI Islamic15.3% MSCI Islamic M-Seriespass FTSE Shariah9.7% |
| TDY TELEDYNE TECHNOLOGIES INC | NON_COMPLIANT | 5.14% | AAOIFI7.2% Usmani13.3% Dow Jones Islamic8.0% S&P Shariah8.7% MSCI Islamic13.3% MSCI Islamic M-Series8.7% FTSE Shariah13.3% |
| ZWS ZURN ELKAY WATER SOLUTIONS CORP | COMPLIANT | 5.10% | AAOIFI6.6% Usmani21.3% Dow Jones Islamic7.8% S&P Shariah8.6% MSCI Islamic20.6% MSCI Islamic M-Series8.6% FTSE Shariah18.6% |
| NDSN NORDSON CORP | COMPLIANT | 4.66% | AAOIFI9.1% Usmani27.3% Dow Jones Islamic11.7% S&P Shariah11.8% MSCI Islamic27.0% MSCI Islamic M-Series11.8% FTSE Shariah25.9% |
| JKHY JACK HENRY & ASSOCIATES INC | COMPLIANT | 4.37% | AAOIFI1.1% Usmani4.1% Dow Jones Islamic1.1% S&P Shariah1.1% MSCI Islamic4.1% MSCI Islamic M-Series1.1% FTSE Shariah2.9% |
| ALLE ALLEGION PLC | COMPLIANT | 4.05% | AAOIFI17.0% Usmani41.5% Dow Jones Islamic17.5% S&P Shariah18.7% MSCI Islamic41.5% MSCI Islamic M-Series18.7% FTSE Shariah37.9% |
| SAIA SAIA INC | COMPLIANT | 3.96% | AAOIFI2.8% Usmani7.2% Dow Jones Islamic2.7% S&P Shariah2.5% MSCI Islamic7.2% MSCI Islamic M-Series2.5% FTSE Shariah2.7% |
| LII LENNOX INTERNATIONAL INC | COMPLIANT | 3.65% | AAOIFI12.0% Usmani38.7% Dow Jones Islamic8.3% S&P Shariah8.8% MSCI Islamic37.1% MSCI Islamic M-Series8.8% FTSE Shariah27.1% |
| WSO WATSCO INC | COMPLIANT | 3.65% | AAOIFI7.1% Usmani17.8% Dow Jones Islamic5.3% S&P Shariah5.4% MSCI Islamic17.6% MSCI Islamic M-Series5.4% FTSE Shariah9.6% |
| TTAN SERVICETITAN INC | COMPLIANT | 3.52% | AAOIFI2.7% Usmani8.5% Dow Jones Islamic1.7% S&P Shariahpass MSCI Islamic8.5% MSCI Islamic M-Seriespass FTSE Shariah5.8% |
| LPLA LPL FINANCIAL HOLDINGS INC | NON_COMPLIANT | 3.36% | AAOIFI27.1% Usmani37.7% Dow Jones Islamic28.8% S&P Shariah32.0% MSCI Islamic37.7% MSCI Islamic M-Series32.0% FTSE Shariah37.7% |
| COO COOPER COMPANIES INC (THE) | COMPLIANT | 3.35% | AAOIFI— Usmani— Dow Jones Islamic— S&P Shariah— MSCI Islamic— MSCI Islamic M-Series— FTSE Shariah— |
| ROL ROLLINS INC | COMPLIANT | 3.17% | AAOIFI6.5% Usmani33.2% Dow Jones Islamic4.4% S&P Shariah4.7% MSCI Islamic33.2% MSCI Islamic M-Series4.7% FTSE Shariah21.0% |
| TRMB TRIMBLE INC | COMPLIANT | 3.11% | AAOIFI10.6% Usmani17.1% Dow Jones Islamic8.8% S&P Shariah9.4% MSCI Islamic17.1% MSCI Islamic M-Series9.4% FTSE Shariah17.1% |
| ZBRA ZEBRA TECHNOLOGIES CORP | COMPLIANT | 2.99% | AAOIFI21.5% Usmani34.3% Dow Jones Islamic19.7% S&P Shariah20.1% MSCI Islamic34.3% MSCI Islamic M-Series20.1% FTSE Shariah32.0% |
| GMED GLOBUS MEDICAL INC | COMPLIANT | 2.86% | AAOIFI1.1% Usmani2.0% Dow Jones Islamic1.1% S&P Shariah1.2% MSCI Islamic2.0% MSCI Islamic M-Series1.2% FTSE Shariah0.0% |
| BRIGHT HORIZONS FAMILY SOLUTIONS LLC | UNSCREENED | 2.75% | no in-house ratios for this holding |
| BJ BJ'S WHOLESALE CLUB HOLDINGS INC | COMPLIANT | 2.74% | AAOIFI23.6% Usmani34.7% Dow Jones Islamic21.8% S&P Shariah23.5% MSCI Islamic34.7% MSCI Islamic M-Series23.5% FTSE Shariah7.9% |
| THO THOR INDUSTRIES INC | COMPLIANT | 2.61% | AAOIFI22.9% Usmani12.8% Dow Jones Islamic19.0% S&P Shariah18.5% MSCI Islamic12.8% MSCI Islamic M-Series18.5% FTSE Shariah12.2% |
| POOL POOL CORP | COMPLIANT | 2.58% | AAOIFI24.7% Usmani39.8% Dow Jones Islamic15.5% S&P Shariah14.1% MSCI Islamic39.8% MSCI Islamic M-Series14.1% FTSE Shariah31.2% |
| UNIVERSAL DISPLAY CORP | UNSCREENED | 2.49% | no in-house ratios for this holding |
| EXPO EXPONENT INC | COMPLIANT | 2.48% | AAOIFI2.5% Usmani12.4% Dow Jones Islamic2.1% S&P Shariah2.0% MSCI Islamic12.4% MSCI Islamic M-Series2.0% FTSE Shariah0.0% |
| EFX EQUIFAX INC | COMPLIANT | 2.40% | AAOIFI27.1% Usmani45.6% Dow Jones Islamic19.8% S&P Shariah19.6% MSCI Islamic45.6% MSCI Islamic M-Series19.6% FTSE Shariah45.6% |
| ALGN ALIGN TECHNOLOGY INC | COMPLIANT | 2.06% | AAOIFI— Usmani— Dow Jones Islamic— S&P Shariah— MSCI Islamic— MSCI Islamic M-Series— FTSE Shariah— |
| HLNE HAMILTON LANE INC | COMPLIANT | 2.01% | AAOIFI4.8% Usmani10.8% Dow Jones Islamic3.7% S&P Shariah4.0% MSCI Islamic10.8% MSCI Islamic M-Series4.0% FTSE Shariah10.8% |
| SITE SITEONE LANDSCAPE SUPPLY INC | COMPLIANT | 1.94% | AAOIFI22.8% Usmani32.8% Dow Jones Islamic17.3% S&P Shariah16.3% MSCI Islamic28.9% MSCI Islamic M-Series16.3% FTSE Shariah15.5% |
| IBP INSTALLED BUILDING PRODUCTS INC | COMPLIANT | 1.74% | AAOIFI18.7% Usmani53.2% Dow Jones Islamic19.1% S&P Shariah20.1% MSCI Islamic52.7% MSCI Islamic M-Series20.1% FTSE Shariah47.2% |
The published standards disagree about this fund by 25 points of portfolio weight — 73.9% of it passes AAOIFI, 48.5% 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 73.9% ratios fail on 14.8% 10.7% not rated under AAOIFI
ratios pass on 48.5% ratios fail on 35.1% 15.7% not rated under Usmani
ratios pass on 73.9% ratios fail on 14.8% 10.7% not rated under Dow Jones Islamic
ratios pass on 73.9% ratios fail on 14.8% 10.7% not rated under S&P Shariah
ratios pass on 51.2% ratios fail on 34.4% 13.6% not rated under MSCI Islamic
ratios pass on 73.9% ratios fail on 14.8% 10.7% not rated under MSCI Islamic M-Series
ratios pass on 65.7% ratios fail on 23.0% 10.7% not rated under FTSE Shariah
27 of 29 listed holdings carry our own per-methodology verdicts (94% of weight). The rest hold a provider verdict with no methodology breakdown, and are counted as rated by none. Of those, 25 (89% 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.
VKSRX (VKSRX) 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 VKSRX — 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
This fund prices once a day, so its bars carry no intraday high or low — floor-trader pivots are not defined for it.
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) | 26.80 | BUY |
| Stochastic %K (14) | 0.00 | BUY |
| CCI (20) | -104.03 | BUY |
| Williams %R (14) | -100.00 | BUY |
| MACD (12,26,9) | -0.13 | SELL |
| ROC (10) | -7.63 | SELL |
| Momentum (10) | -1.44 | SELL |
| EMA (10) | 17.84 | SELL |
| SMA (10) | 17.84 | SELL |
| EMA (20) | 18.22 | SELL |
| SMA (20) | 18.47 | SELL |
| EMA (30) | 18.41 | SELL |
| SMA (30) | 18.72 | SELL |
| EMA (50) | 18.55 | SELL |
| SMA (50) | 18.75 | SELL |
| EMA (100) | 18.69 | SELL |
| SMA (100) | 18.56 | SELL |
| EMA (200) | 19.09 | SELL |
| SMA (200) | 19.03 | SELL |
Under normal circumstances, the fund invests at least 80% of its assets in common stocks of small and medium market capitalization companies. It pursues long-term capital appreciation in the small and medium market capitalization sectors while seeking to incur less risk than the small- and mid-cap markets. The fund invests in a select group of small and mid-market capitalization companies believed by the subadviser to be undervalued relative to their future growth potential.
Background via Yahoo Finance — informational, not part of the verdict.
Market structure by timeframe, read from real bars. A bias per timeframe rather than a forecast — timeframes disagreeing is information, not noise.
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.