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.
First Trust WCM Global Equity ETF · First Trust Exchange-Traded Fund
46 holdings · as of 2026-06-30 (2.6 months ago)
NON-COMPLIANT 31.15% of portfolio weight is in non-compliant holdings, over the 5% threshold.
46 holdings, 38 matched (81% of weight). Portfolio as of 2026-06-30, filed 2026-08-21. Source: SEC Form N-PORT.
5.63% of this portfolio’s income is non-permissible — weighted across holdings, computed over 69% of portfolio weight (33 of 46 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.
44.8% compliant 5.2% questionable 31.2% non-compliant 18.9% unscreened
| Holding | Status | Weight | Every methodology, and the debt ratio behind it |
|---|---|---|---|
| NEBIUS GROUP NV | UNSCREENED | 6.58% | no in-house ratios for this holding |
| RR.L ROLLS-ROYCE HOLDINGS PLC | NON_COMPLIANT | 5.21% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| GOOG ALPHABET INC | QUESTIONABLE | 5.18% | AAOIFI2.9% Usmani13.1% Dow Jones Islamic3.9% S&P Shariah4.5% MSCI Islamic12.8% MSCI Islamic M-Series4.5% FTSE Shariah10.9% |
| KXIAY KIOXIA HOLDINGS CORP | COMPLIANT | 4.33% | AAOIFI— Usmani— Dow Jones Islamic— S&P Shariah— MSCI Islamic— MSCI Islamic M-Series— FTSE Shariah— |
| BROOKDALE SENIOR LIVING INC | UNSCREENED | 3.76% | no in-house ratios for this holding |
| TSM TAIWAN SEMICONDUCTOR MANUFACTURING COMPANY LTD | COMPLIANT | 3.27% | AAOIFI1.5% Usmani13.8% Dow Jones Islamic0.5% S&P Shariah0.6% MSCI Islamic13.4% MSCI Islamic M-Series0.6% FTSE Shariah13.4% |
| TPR TAPESTRY INC | COMPLIANT | 3.17% | AAOIFI16.9% Usmani59.3% Dow Jones Islamic18.9% S&P Shariah23.7% MSCI Islamic59.3% MSCI Islamic M-Series23.7% FTSE Shariah35.8% |
| IBKR INTERACTIVE BROKERS GROUP INC | NON_COMPLIANT | 3.07% | AAOIFI0.0% Usmani0.0% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.0% MSCI Islamic M-Series0.0% FTSE Shariah0.0% |
| WDC WESTERN DIGITAL CORP | COMPLIANT | 2.95% | AAOIFI0.7% Usmani8.6% Dow Jones Islamic1.8% S&P Shariah2.3% MSCI Islamic8.6% MSCI Islamic M-Series2.3% FTSE Shariah7.6% |
| ENR.DE SIEMENS ENERGY AG | COMPLIANT | 2.68% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| BAB.L BABCOCK INTERNATIONAL GROUP PLC | COMPLIANT | 2.61% | AAOIFIpass Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| EBAY EBAY INC | COMPLIANT | 2.61% | AAOIFI13.9% Usmani35.6% Dow Jones Islamic16.9% S&P Shariah19.4% MSCI Islamic35.6% MSCI Islamic M-Series19.4% FTSE Shariah33.4% |
| BAYN.DE BAYER AG | NON_COMPLIANT | 2.42% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| TEVA PHARMACEUTICAL INDUSTRIES LTD | UNSCREENED | 2.26% | no in-house ratios for this holding |
| GE GE AEROSPACE | NON_COMPLIANT | 2.18% | AAOIFI6.1% Usmani16.1% Dow Jones Islamic7.4% S&P Shariah8.6% MSCI Islamic16.1% MSCI Islamic M-Series8.6% FTSE Shariah15.3% |
| BN.TO BROOKFIELD CORP | COMPLIANT | 2.15% | AAOIFI15.9% Usmani2.8% Dow Jones Islamic— S&P Shariah— MSCI Islamic2.8% MSCI Islamic M-Series— FTSE Shariah2.8% |
| JAN JANUS LIVING INC | COMPLIANT | 2.06% | AAOIFI0.0% Usmani0.0% Dow Jones Islamicpass S&P Shariahpass MSCI Islamic0.0% MSCI Islamic M-Seriespass FTSE Shariah0.0% |
| BATS.L BRITISH AMERICAN TOBACCO PLC | NON_COMPLIANT | 2.05% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| VLO VALERO ENERGY CORP | COMPLIANT | 2.05% | AAOIFI10.3% Usmani14.1% Dow Jones Islamic17.0% S&P Shariah18.0% MSCI Islamic14.1% MSCI Islamic M-Series18.0% FTSE Shariah14.1% |
| 2269.HK WUXI BIOLOGICS (CAYMAN) INC | COMPLIANT | 1.95% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahpass |
| GLE.PA SOCIETE GENERALE SA | NON_COMPLIANT | 1.94% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| APP APPLOVIN CORP | COMPLIANT | 1.86% | AAOIFI— Usmani— Dow Jones Islamic— S&P Shariah— MSCI Islamic— MSCI Islamic M-Series— FTSE Shariah— |
| 105560.KS KB FINANCIAL GROUP INC | NON_COMPLIANT | 1.83% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| NOVO-B.CO NOVO NORDISK A/S | COMPLIANT | 1.82% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| HLN HALEON PLC | COMPLIANT | 1.82% | AAOIFI27.2% Usmani26.4% Dow Jones Islamic13.2% S&P Shariah13.9% MSCI Islamic26.4% MSCI Islamic M-Series13.9% FTSE Shariah26.4% |
| THC TENET HEALTHCARE CORP | NON_COMPLIANT | 1.80% | AAOIFI63.5% Usmani43.2% Dow Jones Islamic83.2% S&P Shariah95.3% MSCI Islamic43.2% MSCI Islamic M-Series95.3% FTSE Shariah43.2% |
| UBSG.SW UBS GROUP AG | NON_COMPLIANT | 1.78% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| GLEN.L GLENCORE PLC | NON_COMPLIANT | 1.70% | AAOIFIfail Usmanipass Dow Jones Islamicfail S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass |
| SLB LTD | UNSCREENED | 1.66% | no in-house ratios for this holding |
| 6758.T SONY GROUP CORP | COMPLIANT | 1.64% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| LTMC.MI LOTTOMATICA GROUP SPA | NON_COMPLIANT | 1.62% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| CNQ CANADIAN NATURAL RESOURCES LTD | COMPLIANT | 1.62% | AAOIFI11.6% Usmani19.8% Dow Jones Islamic16.7% S&P Shariah17.2% MSCI Islamic18.1% MSCI Islamic M-Series17.2% FTSE Shariah18.1% |
| HEI.DE HEIDELBERG MATERIALS AG | COMPLIANT | 1.57% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass |
| CSU.TO CONSTELLATION SOFTWARE INC | COMPLIANT | 1.57% | AAOIFI13.2% Usmani38.4% Dow Jones Islamicpass S&P Shariahpass MSCI Islamic35.8% MSCI Islamic M-Seriespass FTSE Shariah35.8% |
| BG BUNGE GLOBAL SA | NON_COMPLIANT | 1.53% | AAOIFI— Usmani— Dow Jones Islamic— S&P Shariah— MSCI Islamic— MSCI Islamic M-Series— FTSE Shariah— |
| CHUBB LTD (SWITZERLAND) | UNSCREENED | 1.42% | no in-house ratios for this holding |
| MCK MCKESSON CORP | COMPLIANT | 1.40% | AAOIFI12.5% Usmani14.9% Dow Jones Islamic14.5% S&P Shariah15.8% MSCI Islamic14.7% MSCI Islamic M-Series15.8% FTSE Shariah12.5% |
| RGA REINSURANCE GROUP OF AMERICA INC | NON_COMPLIANT | 1.26% | AAOIFI34.5% Usmani3.4% Dow Jones Islamic42.7% S&P Shariah45.0% MSCI Islamic3.4% MSCI Islamic M-Series45.0% FTSE Shariah3.4% |
| CACI INTERNATIONAL INC | UNSCREENED | 1.16% | no in-house ratios for this holding |
| UNIVERSAL MICROWAVE TECHNOLOGY INC | UNSCREENED | 1.06% | no in-house ratios for this holding |
| BIDU BAIDU INC | NON_COMPLIANT | 1.03% | AAOIFI156.9% Usmani11.2% Dow Jones Islamic2.5% S&P Shariah2.5% MSCI Islamic11.2% MSCI Islamic M-Series2.5% FTSE Shariah9.5% |
| DREYFUS GOVERNMENT CASH MANAGEMENT FUNDS | UNSCREENED | 0.95% | no in-house ratios for this holding |
| ACGL ARCH CAPITAL GROUP LTD | NON_COMPLIANT | 0.92% | AAOIFI0.0% Usmani0.0% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.0% MSCI Islamic M-Series0.0% FTSE Shariah0.0% |
| GENI GENIUS SPORTS LTD | COMPLIANT | 0.89% | AAOIFI1.5% Usmani2.7% Dow Jones Islamic21.2% S&P Shariah23.1% MSCI Islamic2.7% MSCI Islamic M-Series23.1% FTSE Shariah0.0% |
| GDDY GODADDY INC | NON_COMPLIANT | 0.82% | AAOIFI32.7% Usmani48.0% Dow Jones Islamic19.7% S&P Shariah20.9% MSCI Islamic48.0% MSCI Islamic M-Series20.9% FTSE Shariah47.2% |
| BABA ALIBABA GROUP HOLDING LTD | COMPLIANT | 0.79% | AAOIFI7.6% Usmani1.1% Dow Jones Islamic0.2% S&P Shariah0.2% MSCI Islamic1.1% MSCI Islamic M-Series0.2% FTSE Shariah0.0% |
The published standards disagree about this fund by 22 points of portfolio weight — 40.0% of it passes AAOIFI, 17.6% 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 40.0% ratios fail on 28.2% 31.7% not rated under AAOIFI
ratios pass on 24.3% ratios fail on 43.2% 32.5% not rated under Usmani
ratios pass on 36.4% ratios fail on 28.9% 34.6% not rated under Dow Jones Islamic
ratios pass on 36.2% ratios fail on 29.1% 34.6% not rated under S&P Shariah
ratios pass on 17.6% ratios fail on 44.7% 37.7% not rated under MSCI Islamic
ratios pass on 36.2% ratios fail on 29.1% 34.6% not rated under MSCI Islamic M-Series
ratios pass on 29.1% ratios fail on 38.4% 32.5% not rated under FTSE Shariah
38 of 46 listed holdings carry our own per-methodology verdicts (81% of weight). The rest hold a provider verdict with no methodology breakdown, and are counted as rated by none. Of those, 21 (43% of weight) also carry the underlying debt ratio; the rest show a verdict without the figure behind it.
| Non-compliant holding | Weight |
|---|---|
| RR.L ROLLS-ROYCE HOLDINGS PLC | 5.21% |
| IBKR INTERACTIVE BROKERS GROUP INC | 3.07% |
| BAYN.DE BAYER AG | 2.42% |
| GE GE AEROSPACE | 2.18% |
| BATS.L BRITISH AMERICAN TOBACCO PLC | 2.05% |
| GLE.PA SOCIETE GENERALE SA | 1.94% |
| 105560.KS KB FINANCIAL GROUP INC | 1.83% |
| THC TENET HEALTHCARE CORP | 1.80% |
| UBSG.SW UBS GROUP AG | 1.78% |
| GLEN.L GLENCORE PLC | 1.70% |
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.
The factors behind the read, each shown with the figure it rests on, including the ones pointing the other way.
WCMG (WCMG) 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 WCMG — 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.
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) | 43.20 | NEUTRAL |
| Stochastic %K (14) | 23.23 | NEUTRAL |
| CCI (20) | -101.84 | BUY |
| Williams %R (14) | -76.77 | NEUTRAL |
| MACD (12,26,9) | -0.05 | SELL |
| ROC (10) | -2.07 | SELL |
| Momentum (10) | -0.45 | SELL |
| EMA (10) | 21.34 | SELL |
| SMA (10) | 21.39 | SELL |
| EMA (20) | 21.45 | SELL |
| SMA (20) | 21.51 | SELL |
| EMA (30) | 21.48 | SELL |
| SMA (30) | 21.63 | SELL |
| EMA (50) | 21.43 | SELL |
| SMA (50) | 21.48 | SELL |
| EMA (100) | 21.17 | BUY |
| SMA (100) | 21.23 | SELL |
| EMA (200) | 21.17 | BUY |
Under normal circumstances, the fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in equity securities. It may also invest in securities denominated in non-U.S. currencies. The fund is non-diversified.
Background via Yahoo Finance — informational, not part of the verdict.
Weak — low conviction, small size or skip
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 | 44 |
| ⏲ 5-Min | BEARISH | 31 |
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.