XSHQETF / FundInvesco S&P SmallCap Quality ETF
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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.
Invesco S&P SmallCap Quality ETF ETF · Invesco Exchange-Traded Fund Trust II
120 holdings · as of 2026-08-31 (2.3 months ago)
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 117% of net assets rather than 100%. Shares of the portfolio are shown as shares of that gross exposure.
NON-COMPLIANT 32.57% of portfolio weight is in non-compliant holdings, over the 5% threshold.
120 holdings, 105 matched (76% of weight). Portfolio as of 2026-08-31, filed 2026-10-30. Source: SEC Form N-PORT.
3.86% of this portfolio’s income is non-permissible — weighted across holdings, computed over 66% of portfolio weight (85 of 120 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.
48.0% compliant 0.3% questionable 27.9% non-compliant 23.9% unscreened
All holdings (120)
| Holding | Status | Weight | Every methodology, and the debt ratio behind it |
|---|---|---|---|
| Invesco Private Prime Fund | UNSCREENED | 12.23% | no in-house ratios for this holding |
| Invesco Private Government Fund | UNSCREENED | 4.71% | no in-house ratios for this holding |
| PAYC Paycom Software, Inc. | COMPLIANT | 3.64% | AAOIFI10.1% Usmani18.9% Dow Jones Islamic9.5% S&P Shariah9.3% MSCI Islamic18.9% MSCI Islamic M-Series9.3% FTSE Shariah17.3% |
| EAT Brinker International, Inc. | NON_COMPLIANT | 2.81% | AAOIFI19.5% Usmani68.6% Dow Jones Islamic26.3% S&P Shariah33.3% MSCI Islamic64.8% MSCI Islamic M-Series33.3% FTSE Shariah17.5% |
| AGX Argan, Inc. | COMPLIANT | 2.14% | AAOIFIpass Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahfail |
| AWI Armstrong World Industries, Inc. | COMPLIANT | 2.11% | AAOIFI7.5% Usmani28.9% Dow Jones Islamic7.7% S&P Shariah8.7% MSCI Islamic27.1% MSCI Islamic M-Series8.7% FTSE Shariah24.5% |
| Dave Inc. | UNSCREENED | 2.06% | no in-house ratios for this holding |
| LYFT Lyft, Inc. | NON_COMPLIANT | 2.03% | AAOIFI19.4% Usmani14.2% Dow Jones Islamic20.0% S&P Shariah20.8% MSCI Islamic13.5% MSCI Islamic M-Series20.8% FTSE Shariah11.5% |
| CORT Corcept Therapeutics Inc. | COMPLIANT | 1.97% | AAOIFI— Usmani— Dow Jones Islamic— S&P Shariah— MSCI Islamic— MSCI Islamic M-Series— FTSE Shariah— |
| PJT PJT Partners Inc. | NON_COMPLIANT | 1.95% | AAOIFI0.0% Usmani0.0% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.0% MSCI Islamic M-Series0.0% FTSE Shariah0.0% |
| MC Moelis & Co. | NON_COMPLIANT | 1.90% | AAOIFI0.0% Usmani0.0% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.0% MSCI Islamic M-Series0.0% FTSE Shariah0.0% |
| MKTX MarketAxess Holdings Inc. | COMPLIANT | 1.85% | AAOIFI2.0% Usmani4.8% Dow Jones Islamic1.6% S&P Shariah1.6% MSCI Islamic4.8% MSCI Islamic M-Series1.6% FTSE Shariah4.8% |
| Qorvo, Inc. | UNSCREENED | 1.83% | no in-house ratios for this holding |
| YOU Clear Secure, Inc. | COMPLIANT | 1.81% | AAOIFI1.5% Usmani7.0% Dow Jones Islamic2.3% S&P Shariah2.8% MSCI Islamic7.0% MSCI Islamic M-Series2.8% FTSE Shariah0.0% |
| APAM Artisan Partners Asset Management Inc. | NON_COMPLIANT | 1.69% | AAOIFI7.0% Usmani13.0% Dow Jones Islamic6.1% S&P Shariah6.4% MSCI Islamic13.0% MSCI Islamic M-Series6.4% FTSE Shariah13.0% |
| FTDR Frontdoor, Inc. | COMPLIANT | 1.68% | AAOIFI20.0% Usmani55.3% Dow Jones Islamic27.4% S&P Shariah31.0% MSCI Islamic55.3% MSCI Islamic M-Series31.0% FTSE Shariah54.4% |
| ZWS Zurn Elkay Water Solutions Corp. | COMPLIANT | 1.55% | AAOIFI6.6% Usmani21.3% Dow Jones Islamic7.8% S&P Shariah8.6% MSCI Islamic20.6% MSCI Islamic M-Series8.6% FTSE Shariah18.6% |
| ECG Everus Construction Group, Inc. | COMPLIANT | 1.47% | AAOIFI5.9% Usmani17.7% Dow Jones Islamic8.1% S&P Shariahpass MSCI Islamic17.7% MSCI Islamic M-Seriespass FTSE Shariah13.3% |
| LNC Lincoln National Corp. | NON_COMPLIANT | 1.46% | AAOIFI74.3% Usmani1.5% Dow Jones Islamic100.2% S&P Shariah113.6% MSCI Islamic1.5% MSCI Islamic M-Series113.6% FTSE Shariah1.5% |
| IBP Installed Building Products, Inc. | COMPLIANT | 1.45% | AAOIFI18.7% Usmani53.2% Dow Jones Islamic19.1% S&P Shariah20.1% MSCI Islamic52.7% MSCI Islamic M-Series20.1% FTSE Shariah47.2% |
| POWL Powell Industries, Inc. | COMPLIANT | 1.42% | AAOIFI0.0% Usmani0.2% Dow Jones Islamic0.1% S&P Shariah0.1% MSCI Islamic0.2% MSCI Islamic M-Series0.1% FTSE Shariah0.0% |
| MYRG MYR Group Inc. | COMPLIANT | 1.41% | AAOIFI1.5% Usmani4.0% Dow Jones Islamic1.9% S&P Shariah2.1% MSCI Islamic3.9% MSCI Islamic M-Series2.1% FTSE Shariah0.6% |
| CARG CarGurus, Inc. | COMPLIANT | 1.40% | AAOIFI6.3% Usmani33.4% Dow Jones Islamic6.1% S&P Shariah6.9% MSCI Islamic33.4% MSCI Islamic M-Series6.9% FTSE Shariah0.0% |
| PIPR Piper Sandler Cos. | NON_COMPLIANT | 1.34% | AAOIFI0.3% Usmani0.6% Dow Jones Islamic0.3% S&P Shariah0.3% MSCI Islamic0.6% MSCI Islamic M-Series0.3% FTSE Shariah0.6% |
| MATX Matson, Inc. | COMPLIANT | 1.27% | AAOIFI10.7% Usmani15.2% Dow Jones Islamic16.1% S&P Shariah17.1% MSCI Islamic15.2% MSCI Islamic M-Series17.1% FTSE Shariah7.1% |
| PLXS Plexus Corp. | COMPLIANT | 1.25% | AAOIFI0.5% Usmani2.1% Dow Jones Islamic0.7% S&P Shariah0.8% MSCI Islamic0.9% MSCI Islamic M-Series0.8% FTSE Shariah0.0% |
| TGTX TG Therapeutics, Inc. | COMPLIANT | 1.23% | AAOIFI8.8% Usmani46.0% Dow Jones Islamic13.7% S&P Shariah17.0% MSCI Islamic46.0% MSCI Islamic M-Series17.0% FTSE Shariah45.5% |
| Teradata Corp. | UNSCREENED | 1.15% | no in-house ratios for this holding |
| OII Oceaneering International, Inc. | NON_COMPLIANT | 1.11% | AAOIFI18.9% Usmani30.6% Dow Jones Islamic27.5% S&P Shariah29.7% MSCI Islamic30.6% MSCI Islamic M-Series29.7% FTSE Shariah18.2% |
| PRIM Primoris Services Corp. | NON_COMPLIANT | 1.09% | AAOIFI31.5% Usmani27.6% Dow Jones Islamic23.7% S&P Shariah29.6% MSCI Islamic27.6% MSCI Islamic M-Series29.6% FTSE Shariah17.2% |
| ACIW ACI Worldwide, Inc. | COMPLIANT | 1.08% | AAOIFI16.0% Usmani27.4% Dow Jones Islamic16.8% S&P Shariah18.8% MSCI Islamic27.4% MSCI Islamic M-Series18.8% FTSE Shariah26.6% |
| BCPC Balchem Corp. | COMPLIANT | 1.05% | AAOIFI— Usmani— Dow Jones Islamic— S&P Shariah— MSCI Islamic— MSCI Islamic M-Series— FTSE Shariah— |
| SEZL Sezzle Inc. | COMPLIANT | 1.05% | AAOIFI0.0% Usmani0.1% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.1% MSCI Islamic M-Series0.0% FTSE Shariah0.0% |
| RELY Remitly Global, Inc. | COMPLIANT | 1.05% | AAOIFI0.7% Usmani2.4% Dow Jones Islamic1.0% S&P Shariah1.0% MSCI Islamic2.4% MSCI Islamic M-Series1.0% FTSE Shariah0.2% |
| SKY Champion Homes, Inc. | COMPLIANT | 1.02% | AAOIFI1.1% Usmani2.4% Dow Jones Islamic1.1% S&P Shariah0.0% MSCI Islamic2.4% MSCI Islamic M-Series0.0% FTSE Shariah1.1% |
| MGY Magnolia Oil & Gas Corp. | NON_COMPLIANT | 1.01% | AAOIFI6.5% Usmani13.2% Dow Jones Islamic9.0% S&P Shariah9.4% MSCI Islamic13.2% MSCI Islamic M-Series9.4% FTSE Shariah12.5% |
| RUSHA Rush Enterprises, Inc. | COMPLIANT | 1.01% | AAOIFI7.0% Usmani11.2% Dow Jones Islamic13.4% S&P Shariah14.7% MSCI Islamic8.8% MSCI Islamic M-Series14.7% FTSE Shariah6.1% |
| AZZ AZZ Inc. | COMPLIANT | 1.00% | AAOIFI12.6% Usmani24.1% Dow Jones Islamic16.2% S&P Shariah19.3% MSCI Islamic23.4% MSCI Islamic M-Series19.3% FTSE Shariah21.3% |
| FBP First BanCorp. | NON_COMPLIANT | 0.99% | AAOIFI6.7% Usmani1.5% Dow Jones Islamic8.6% S&P Shariah9.3% MSCI Islamic1.5% MSCI Islamic M-Series9.3% FTSE Shariah1.5% |
| KLIC Kulicke and Soffa Industries, Inc. | COMPLIANT | 0.98% | AAOIFI0.9% Usmani2.9% Dow Jones Islamic1.3% S&P Shariah1.4% MSCI Islamic2.9% MSCI Islamic M-Series1.4% FTSE Shariah0.0% |
| TDW Tidewater Inc. | COMPLIANT | 0.97% | AAOIFI13.9% Usmani27.6% Dow Jones Islamic21.4% S&P Shariah18.9% MSCI Islamic27.6% MSCI Islamic M-Series18.9% FTSE Shariah27.6% |
| PARR Par Pacific Holdings, Inc. | COMPLIANT | 0.96% | AAOIFI26.8% Usmani25.0% Dow Jones Islamic55.5% S&P Shariah57.9% MSCI Islamic24.7% MSCI Islamic M-Series57.9% FTSE Shariah16.3% |
| Atmus Filtration Technologies Inc. | UNSCREENED | 0.95% | no in-house ratios for this holding |
| RDN Radian Group Inc. | NON_COMPLIANT | 0.94% | AAOIFI25.4% Usmani11.6% Dow Jones Islamic26.6% S&P Shariah27.5% MSCI Islamic11.6% MSCI Islamic M-Series27.5% FTSE Shariah11.6% |
| QTWO Q2 Holdings, Inc. | COMPLIANT | 0.94% | AAOIFI1.1% Usmani4.2% Dow Jones Islamic0.9% S&P Shariah1.0% MSCI Islamic4.2% MSCI Islamic M-Series1.0% FTSE Shariah0.0% |
| CVCO Cavco Industries, Inc. | COMPLIANT | 0.91% | AAOIFI0.9% Usmani2.9% Dow Jones Islamic0.9% S&P Shariah1.1% MSCI Islamic2.5% MSCI Islamic M-Series1.1% FTSE Shariah0.0% |
| INSW International Seaways, Inc. | COMPLIANT | 0.89% | AAOIFI12.6% Usmani21.6% Dow Jones Islamic26.6% S&P Shariah28.6% MSCI Islamic21.6% MSCI Islamic M-Series28.6% FTSE Shariah21.4% |
| CVSA Covista Inc. | COMPLIANT | 0.88% | AAOIFI21.3% Usmani30.1% Dow Jones Islamic22.9% S&P Shariah26.8% MSCI Islamic30.1% MSCI Islamic M-Series26.8% FTSE Shariah22.0% |
| RHI Robert Half Inc. | COMPLIANT | 0.86% | AAOIFI6.0% Usmani8.4% Dow Jones Islamic6.0% S&P Shariah4.9% MSCI Islamic8.4% MSCI Islamic M-Series4.9% FTSE Shariah0.0% |
| Korn Ferry | UNSCREENED | 0.85% | no in-house ratios for this holding |
| Telephone and Data Systems, Inc. | UNSCREENED | 0.83% | no in-house ratios for this holding |
| MCY Mercury General Corp. | NON_COMPLIANT | 0.82% | AAOIFI16.3% Usmani9.0% Dow Jones Islamic22.0% S&P Shariah25.8% MSCI Islamic9.0% MSCI Islamic M-Series25.8% FTSE Shariah9.0% |
| AAMI Acadian Asset Management Inc. | NON_COMPLIANT | 0.81% | AAOIFI6.1% Usmani23.3% Dow Jones Islamic11.1% S&P Shariah13.5% MSCI Islamic23.3% MSCI Islamic M-Series13.5% FTSE Shariah23.3% |
| PLMR Palomar Holdings, Inc. | NON_COMPLIANT | 0.80% | AAOIFI8.4% Usmani7.5% Dow Jones Islamic9.1% S&P Shariah10.7% MSCI Islamic7.5% MSCI Islamic M-Series10.7% FTSE Shariah7.5% |
| SPHR Sphere Entertainment Co. | NON_COMPLIANT | 0.80% | AAOIFI22.3% Usmani22.6% Dow Jones Islamic31.5% S&P Shariah37.9% MSCI Islamic22.6% MSCI Islamic M-Series37.9% FTSE Shariah19.3% |
| CATY Cathay General Bancorp | NON_COMPLIANT | 0.79% | AAOIFI34.2% Usmani5.8% Dow Jones Islamic43.1% S&P Shariah46.5% MSCI Islamic5.8% MSCI Islamic M-Series46.5% FTSE Shariah5.8% |
| MWA Mueller Water Products, Inc. | COMPLIANT | 0.78% | AAOIFI12.2% Usmani23.2% Dow Jones Islamic11.6% S&P Shariah13.3% MSCI Islamic23.2% MSCI Islamic M-Series13.3% FTSE Shariah23.2% |
| TBBK Bancorp, Inc. (The) | NON_COMPLIANT | 0.74% | AAOIFI269.0% Usmani79.6% Dow Jones Islamic270.7% S&P Shariah295.8% MSCI Islamic79.6% MSCI Islamic M-Series295.8% FTSE Shariah79.6% |
| LRN Stride, Inc. | COMPLIANT | 0.72% | AAOIFI12.2% Usmani22.4% Dow Jones Islamic9.2% S&P Shariah10.7% MSCI Islamic17.6% MSCI Islamic M-Series10.7% FTSE Shariah17.2% |
| SIG Signet Jewelers Ltd. | NON_COMPLIANT | 0.72% | AAOIFI31.0% Usmani21.9% Dow Jones Islamic35.8% S&P Shariah34.3% MSCI Islamic21.9% MSCI Islamic M-Series34.3% FTSE Shariah0.0% |
| POWI Power Integrations, Inc. | COMPLIANT | 0.71% | AAOIFI0.0% Usmani0.0% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.0% MSCI Islamic M-Series0.0% FTSE Shariah0.0% |
| CENX Century Aluminum Co. | COMPLIANT | 0.70% | AAOIFI10.4% Usmani16.7% Dow Jones Islamic15.7% S&P Shariah19.8% MSCI Islamic16.7% MSCI Islamic M-Series19.8% FTSE Shariah16.7% |
| NMIH NMI Holdings, Inc. | NON_COMPLIANT | 0.70% | AAOIFI0.0% Usmani0.0% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.0% MSCI Islamic M-Series0.0% FTSE Shariah0.0% |
| WU Western Union Co. (The) | NON_COMPLIANT | 0.67% | AAOIFI104.5% Usmani31.5% Dow Jones Islamic91.2% S&P Shariah83.5% MSCI Islamic31.5% MSCI Islamic M-Series83.5% FTSE Shariah31.5% |
| ACLS Axcelis Technologies, Inc. | COMPLIANT | 0.67% | AAOIFI— Usmani— Dow Jones Islamic— S&P Shariah— MSCI Islamicfail MSCI Islamic M-Series— FTSE Shariah— |
| PPLI People Inc. | NON_COMPLIANT | 0.63% | AAOIFI48.7% Usmani18.8% Dow Jones Islamic49.3% S&P Shariah48.2% MSCI Islamic18.8% MSCI Islamic M-Series48.2% FTSE Shariah18.8% |
| WDFC WD-40 Co. | COMPLIANT | 0.63% | AAOIFI3.7% Usmani22.9% Dow Jones Islamic3.8% S&P Shariah3.8% MSCI Islamic22.9% MSCI Islamic M-Series3.8% FTSE Shariah20.1% |
| Park National Corp. | UNSCREENED | 0.61% | no in-house ratios for this holding |
| Cohen & Steers, Inc. | UNSCREENED | 0.58% | no in-house ratios for this holding |
| NHC National HealthCare Corp. | COMPLIANT | 0.58% | AAOIFI0.9% Usmani2.0% Dow Jones Islamic1.5% S&P Shariah1.7% MSCI Islamic2.0% MSCI Islamic M-Series1.7% FTSE Shariah0.0% |
| CRVL CorVel Corp. | COMPLIANT | 0.57% | AAOIFI— Usmani— Dow Jones Islamic— S&P Shariah— MSCI Islamic— MSCI Islamic M-Series— FTSE Shariah— |
| HCI HCI Group, Inc. | NON_COMPLIANT | 0.57% | AAOIFI0.0% Usmani0.0% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.0% MSCI Islamic M-Series0.0% FTSE Shariah0.0% |
| SPNT SiriusPoint Ltd. | NON_COMPLIANT | 0.56% | AAOIFI23.8% Usmani5.3% Dow Jones Islamic27.7% S&P Shariah29.4% MSCI Islamic5.3% MSCI Islamic M-Series29.4% FTSE Shariah5.3% |
| Sarepta Therapeutics, Inc. | UNSCREENED | 0.54% | no in-house ratios for this holding |
| NTCT NetScout Systems, Inc. | COMPLIANT | 0.54% | AAOIFI1.5% Usmani1.7% Dow Jones Islamic2.0% S&P Shariah2.2% MSCI Islamic1.7% MSCI Islamic M-Series2.2% FTSE Shariah0.0% |
| ADEA Adeia Inc. | COMPLIANT | 0.53% | AAOIFIpass Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahfail |
| PLUS ePlus inc. | COMPLIANT | 0.53% | AAOIFI2.3% Usmani2.9% Dow Jones Islamic2.6% S&P Shariah2.7% MSCI Islamic2.9% MSCI Islamic M-Series2.7% FTSE Shariah2.1% |
| RAMP LiveRamp Holdings, Inc. | UNRATED | 0.53% | AAOIFI1.4% Usmani2.6% Dow Jones Islamic1.7% S&P Shariah1.7% MSCI Islamic2.6% MSCI Islamic M-Series1.7% FTSE Shariah0.0% |
| OSW OneSpaWorld Holdings Ltd. | COMPLIANT | 0.52% | AAOIFI4.0% Usmani12.4% Dow Jones Islamic4.2% S&P Shariah4.8% MSCI Islamic12.4% MSCI Islamic M-Series4.8% FTSE Shariah11.2% |
| ARLO Arlo Technologies, Inc. | COMPLIANT | 0.47% | AAOIFI— Usmani— Dow Jones Islamic— S&P Shariah— MSCI Islamic— MSCI Islamic M-Series— FTSE Shariah— |
| MD Pediatrix Medical Group, Inc. | NON_COMPLIANT | 0.46% | AAOIFI25.0% Usmani28.6% Dow Jones Islamic37.9% S&P Shariah45.6% MSCI Islamic28.6% MSCI Islamic M-Series45.6% FTSE Shariah27.0% |
| SONO Sonos, Inc. | COMPLIANT | 0.46% | AAOIFI3.3% Usmani6.4% Dow Jones Islamic3.4% S&P Shariah3.3% MSCI Islamic6.4% MSCI Islamic M-Series3.3% FTSE Shariah0.0% |
| BancFirst Corp. | UNSCREENED | 0.46% | no in-house ratios for this holding |
| CASH Pathward Financial, Inc. | NON_COMPLIANT | 0.46% | AAOIFI12.4% Usmani2.9% Dow Jones Islamic11.9% S&P Shariah13.0% MSCI Islamic2.9% MSCI Islamic M-Series13.0% FTSE Shariah2.9% |
| OFG OFG Bancorp | NON_COMPLIANT | 0.45% | AAOIFI0.0% Usmani0.0% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.0% MSCI Islamic M-Series0.0% FTSE Shariah0.0% |
| Callaway Golf Co. | UNSCREENED | 0.44% | no in-house ratios for this holding |
| TILE Interface, Inc. | COMPLIANT | 0.43% | AAOIFI13.6% Usmani22.9% Dow Jones Islamic18.5% S&P Shariah22.1% MSCI Islamic22.0% MSCI Islamic M-Series22.1% FTSE Shariah16.1% |
| NSSC Napco Security Technologies, Inc. | COMPLIANT | 0.43% | AAOIFI0.4% Usmani2.2% Dow Jones Islamic0.4% S&P Shariah0.4% MSCI Islamic2.2% MSCI Islamic M-Series0.4% FTSE Shariah0.0% |
| PRDO Perdoceo Education Corp. | NON_COMPLIANT | 0.42% | AAOIFI2.3% Usmani4.2% Dow Jones Islamic2.5% S&P Shariah2.9% MSCI Islamic3.6% MSCI Islamic M-Series2.9% FTSE Shariah0.0% |
| INVA Innoviva, Inc. | NON_COMPLIANT | 0.40% | AAOIFI17.5% Usmani15.8% Dow Jones Islamic19.8% S&P Shariah21.9% MSCI Islamic15.8% MSCI Islamic M-Series21.9% FTSE Shariah15.2% |
| CHCO City Holding Co. | NON_COMPLIANT | 0.39% | AAOIFI7.3% Usmani2.2% Dow Jones Islamic8.6% S&P Shariah9.2% MSCI Islamic2.2% MSCI Islamic M-Series9.2% FTSE Shariah2.2% |
| BKE Buckle, Inc. (The) | COMPLIANT | 0.38% | AAOIFI— Usmani— Dow Jones Islamic— S&P Shariah— MSCI Islamic— MSCI Islamic M-Series— FTSE Shariah— |
| EPAC Enerpac Tool Group Corp. | COMPLIANT | 0.37% | AAOIFI9.9% Usmani22.9% Dow Jones Islamic9.2% S&P Shariah9.7% MSCI Islamic22.9% MSCI Islamic M-Series9.7% FTSE Shariah22.9% |
| HCSG Healthcare Services Group, Inc. | COMPLIANT | 0.37% | AAOIFI1.2% Usmani2.2% Dow Jones Islamic1.5% S&P Shariah1.7% MSCI Islamic2.2% MSCI Islamic M-Series1.7% FTSE Shariah0.0% |
| Harmony Biosciences Holdings, Inc. | UNSCREENED | 0.36% | no in-house ratios for this holding |
| STRA Strategic Education, Inc. | COMPLIANT | 0.36% | AAOIFI5.9% Usmani5.2% Dow Jones Islamic5.5% S&P Shariah5.2% MSCI Islamic5.2% MSCI Islamic M-Series5.2% FTSE Shariah0.0% |
| LPG Dorian LPG Ltd. | COMPLIANT | 0.36% | AAOIFI30.3% Usmani29.7% Dow Jones Islamic46.7% S&P Shariah46.9% MSCI Islamic29.7% MSCI Islamic M-Series46.9% FTSE Shariah23.5% |
| MCRI Monarch Casino & Resort, Inc. | NON_COMPLIANT | 0.35% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| HLIT Harmonic Inc. | COMPLIANT | 0.34% | AAOIFI10.1% Usmani20.6% Dow Jones Islamic10.4% S&P Shariah10.2% MSCI Islamic20.6% MSCI Islamic M-Series10.2% FTSE Shariah17.5% |
| ALG Alamo Group Inc. | COMPLIANT | 0.34% | AAOIFI13.2% Usmani16.2% Dow Jones Islamic12.6% S&P Shariah12.5% MSCI Islamic16.2% MSCI Islamic M-Series12.5% FTSE Shariah15.2% |
| CTS CTS Corp. | COMPLIANT | 0.33% | AAOIFI2.0% Usmani4.2% Dow Jones Islamic2.3% S&P Shariah2.3% MSCI Islamic4.2% MSCI Islamic M-Series2.3% FTSE Shariah0.0% |
| LKFN Lakeland Financial Corp. | NON_COMPLIANT | 0.32% | AAOIFI383.7% Usmani79.8% Dow Jones Islamic377.5% S&P Shariah387.7% MSCI Islamic79.8% MSCI Islamic M-Series387.7% FTSE Shariah79.8% |
| Wolverine World Wide, Inc. | UNSCREENED | 0.32% | no in-house ratios for this holding |
| YELP Yelp Inc. | COMPLIANT | 0.32% | AAOIFI1.6% Usmani2.4% Dow Jones Islamic1.2% S&P Shariah1.0% MSCI Islamic2.4% MSCI Islamic M-Series1.0% FTSE Shariah0.0% |
| QNST QuinStreet, Inc. | QUESTIONABLE | 0.30% | AAOIFI8.3% Usmani10.8% Dow Jones Islamic8.4% S&P Shariah8.6% MSCI Islamic10.8% MSCI Islamic M-Series8.6% FTSE Shariah9.7% |
| WABC Westamerica Bancorporation | NON_COMPLIANT | 0.28% | AAOIFI9.6% Usmani2.3% Dow Jones Islamic10.5% S&P Shariah10.7% MSCI Islamic2.3% MSCI Islamic M-Series10.7% FTSE Shariah2.3% |
| ACT Enact Holdings, Inc. | NON_COMPLIANT | 0.28% | AAOIFI11.0% Usmani10.7% Dow Jones Islamic13.6% S&P Shariah14.5% MSCI Islamic10.7% MSCI Islamic M-Series14.5% FTSE Shariah10.7% |
| TMP Tompkins Financial Corp. | NON_COMPLIANT | 0.25% | AAOIFI0.0% Usmani0.0% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.0% MSCI Islamic M-Series0.0% FTSE Shariah0.0% |
| LNN Lindsay Corp. | COMPLIANT | 0.24% | AAOIFI11.0% Usmani16.8% Dow Jones Islamic10.4% S&P Shariah10.5% MSCI Islamic16.8% MSCI Islamic M-Series10.5% FTSE Shariah14.0% |
| PFBC Preferred Bank | NON_COMPLIANT | 0.23% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| UFCS United Fire Group, Inc. | NON_COMPLIANT | 0.23% | AAOIFI10.2% Usmani3.6% Dow Jones Islamic17.3% S&P Shariah20.0% MSCI Islamic3.6% MSCI Islamic M-Series20.0% FTSE Shariah3.6% |
| GIII G-III Apparel Group, Ltd. | NON_COMPLIANT | 0.23% | AAOIFI28.6% Usmani12.4% Dow Jones Islamic27.5% S&P Shariah27.3% MSCI Islamic12.4% MSCI Islamic M-Series27.3% FTSE Shariah0.3% |
| PCRX Pacira Biosciences, Inc. | NON_COMPLIANT | 0.22% | AAOIFI39.2% Usmani33.1% Dow Jones Islamic41.2% S&P Shariah37.5% MSCI Islamic33.1% MSCI Islamic M-Series37.5% FTSE Shariah29.2% |
| CXM Sprinklr, Inc. | NON_COMPLIANT | 0.20% | AAOIFI2.6% Usmani3.9% Dow Jones Islamic2.5% S&P Shariah2.1% MSCI Islamic3.9% MSCI Islamic M-Series2.1% FTSE Shariah0.0% |
| LQDT Liquidity Services, Inc. | COMPLIANT | 0.20% | AAOIFI1.0% Usmani3.2% Dow Jones Islamic1.5% S&P Shariah1.7% MSCI Islamic3.2% MSCI Islamic M-Series1.7% FTSE Shariah0.0% |
| CPF Central Pacific Financial Corp. | NON_COMPLIANT | 0.19% | AAOIFI341.3% Usmani44.7% Dow Jones Islamic423.6% S&P Shariah486.6% MSCI Islamic44.7% MSCI Islamic M-Series486.6% FTSE Shariah44.7% |
| FIZZ National Beverage Corp. | COMPLIANT | 0.19% | AAOIFI2.0% Usmani10.1% Dow Jones Islamic1.8% S&P Shariah1.7% MSCI Islamic10.1% MSCI Islamic M-Series1.7% FTSE Shariah0.0% |
| CNXN PC Connection, Inc. | COMPLIANT | 0.18% | AAOIFI— Usmani— Dow Jones Islamic— S&P Shariah— MSCI Islamic— MSCI Islamic M-Series— FTSE Shariah— |
| APOG Apogee Enterprises, Inc. | NON_COMPLIANT | 0.17% | AAOIFI38.1% Usmani30.7% Dow Jones Islamic41.5% S&P Shariah37.2% MSCI Islamic30.7% MSCI Islamic M-Series37.2% FTSE Shariah27.0% |
| AMSF AMERISAFE, Inc. | NON_COMPLIANT | 0.12% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
The published standards disagree about this fund by 22 points of portfolio weight — 52.1% of it passes AAOIFI, 30.2% 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 52.1% ratios fail on 23.6% 41.2% not rated under AAOIFI
ratios pass on 33.1% ratios fail on 36.5% 47.3% not rated under Usmani
ratios pass on 51.2% ratios fail on 24.5% 41.2% not rated under Dow Jones Islamic
ratios pass on 50.2% ratios fail on 25.3% 41.4% not rated under S&P Shariah
ratios pass on 30.2% ratios fail on 46.3% 40.5% not rated under MSCI Islamic
ratios pass on 50.4% ratios fail on 25.3% 41.2% not rated under MSCI Islamic M-Series
ratios pass on 39.5% ratios fail on 34.4% 43.0% not rated under FTSE Shariah
105 of 120 listed holdings carry our own per-methodology verdicts (89% of weight). The rest hold a provider verdict with no methodology breakdown, and are counted as rated by none. Of those, 93 (80% of weight) also carry the underlying debt ratio; the rest show a verdict without the figure behind it.
| Non-compliant holding | Weight |
|---|---|
| EAT Brinker International, Inc. | 2.81% |
| LYFT Lyft, Inc. | 2.03% |
| PJT PJT Partners Inc. | 1.95% |
| MC Moelis & Co. | 1.90% |
| APAM Artisan Partners Asset Management Inc. | 1.69% |
| LNC Lincoln National Corp. | 1.46% |
| PIPR Piper Sandler Cos. | 1.34% |
| OII Oceaneering International, Inc. | 1.11% |
| PRIM Primoris Services Corp. | 1.09% |
| MGY Magnolia Oil & Gas Corp. | 1.01% |
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.
Invesco S&P SmallCap Quality ETF (XSHQ) 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 XSHQ — 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) | 40.50 | NEUTRAL |
| Stochastic %K (14) | 2.20 | BUY |
| CCI (20) | -141.25 | BUY |
| Williams %R (14) | -97.80 | BUY |
| MACD (12,26,9) | -0.04 | SELL |
| ROC (10) | -2.25 | SELL |
| Momentum (10) | -1.04 | SELL |
| EMA (10) | 46.13 | SELL |
| SMA (10) | 46.31 | SELL |
| EMA (20) | 46.13 | SELL |
| SMA (20) | 46.07 | SELL |
| EMA (30) | 46.18 | SELL |
| SMA (30) | 45.93 | SELL |
| EMA (50) | 46.36 | SELL |
| SMA (50) | 46.23 | SELL |
| EMA (100) | 46.39 | SELL |
| SMA (100) | 47.13 | SELL |
| EMA (200) | 45.25 | SELL |
| SMA (200) | 45.63 | SELL |
About Invesco S&P SmallCap Quality ETF
The fund generally will invest at least 90% of its total assets in the securities that comprise the index. Strictly in accordance with its guidelines and mandated procedures, S&P Dow Jones Indices LLC compiles, maintains and calculates the index, which is designed to measure the performance of approximately 120 securities in the S&P SmallCap 600® Index that are of the highest quality, as determined by the index Provider.
Background via Yahoo Finance — informational, not part of the verdict.
Average — needs more confirmation before sizing up
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 | 42 |
| 🕐 1H | BEARISH | 39 |
| ⏱ 15-Min | BEARISH | 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.