ZIGETF / FundThe Acquirers Fund
Verdicts genuinely change. Free email alert the moment ZIG'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.
The Acquirers Fund · ETF Series Solutions
33 holdings
NON-COMPLIANT 29.89% of portfolio weight is in non-compliant holdings, over the 5% threshold.
33 holdings, 27 matched (86% of weight). Portfolio as of 2026-07-31, filed 2026-09-29. Source: SEC Form N-PORT.
0.56% of this portfolio’s income is non-permissible — weighted across holdings, computed over 76% of portfolio weight (24 of 33 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.
56.0% compliant 0.0% questionable 29.9% non-compliant 14.1% unscreened
All holdings (33)
| Holding | Status | Weight | Every methodology, and the debt ratio behind it |
|---|---|---|---|
| HRB H&R Block Inc | NON_COMPLIANT | 4.23% | AAOIFI34.8% Usmani64.6% Dow Jones Islamic34.1% S&P Shariah33.8% MSCI Islamic64.6% MSCI Islamic M-Series33.8% FTSE Shariah45.8% |
| CF CF Industries Holdings Inc | COMPLIANT | 4.03% | AAOIFI17.9% Usmani23.9% Dow Jones Islamic24.1% S&P Shariah24.7% MSCI Islamic23.9% MSCI Islamic M-Series24.7% FTSE Shariah21.3% |
| EOG EOG Resources Inc | COMPLIANT | 3.76% | AAOIFI10.8% Usmani15.1% Dow Jones Islamic12.6% S&P Shariah12.5% MSCI Islamic15.1% MSCI Islamic M-Series12.5% FTSE Shariah14.5% |
| APA APA Corp | COMPLIANT | 3.75% | AAOIFI25.9% Usmani21.6% Dow Jones Islamic42.6% S&P Shariah41.4% MSCI Islamic21.6% MSCI Islamic M-Series41.4% FTSE Shariah20.8% |
| ULTA Ulta Beauty Inc | COMPLIANT | 3.69% | AAOIFI10.7% Usmani36.2% Dow Jones Islamic11.7% S&P Shariah11.8% MSCI Islamic36.2% MSCI Islamic M-Series11.8% FTSE Shariah4.9% |
| CALM Cal-Maine Foods Inc | COMPLIANT | 3.67% | AAOIFI— Usmani— Dow Jones Islamic— S&P Shariah— MSCI Islamic— MSCI Islamic M-Series— FTSE Shariah— |
| BKNG Booking Holdings Inc | COMPLIANT | 3.65% | AAOIFI16.4% Usmani69.7% Dow Jones Islamic13.4% S&P Shariah14.4% MSCI Islamic69.7% MSCI Islamic M-Series14.4% FTSE Shariah68.0% |
| DPZ Domino's Pizza Inc | NON_COMPLIANT | 3.62% | AAOIFI45.3% Usmani297.7% Dow Jones Islamic37.0% S&P Shariah36.3% MSCI Islamic290.5% MSCI Islamic M-Series36.3% FTSE Shariah277.0% |
| Artisan Partners Asset Managem | UNSCREENED | 3.60% | no in-house ratios for this holding |
| LULU Lululemon Athletica Inc | COMPLIANT | 3.46% | AAOIFI17.9% Usmani25.2% Dow Jones Islamic8.2% S&P Shariah6.5% MSCI Islamic25.2% MSCI Islamic M-Series6.5% FTSE Shariah0.0% |
| ZIM Integrated Shipping Servic | UNSCREENED | 3.39% | no in-house ratios for this holding |
| DDS Dillard's Inc | COMPLIANT | 3.39% | AAOIFI0.3% Usmani0.8% Dow Jones Islamic0.4% S&P Shariah0.4% MSCI Islamic0.8% MSCI Islamic M-Series0.4% FTSE Shariah0.0% |
| LOPE Grand Canyon Education Inc | COMPLIANT | 3.37% | AAOIFI2.6% Usmani11.3% Dow Jones Islamic2.2% S&P Shariah2.3% MSCI Islamic11.3% MSCI Islamic M-Series2.3% FTSE Shariah0.0% |
| Crocs Inc | UNSCREENED | 3.34% | no in-house ratios for this holding |
| SYF Synchrony Financial | NON_COMPLIANT | 3.31% | AAOIFI85.9% Usmani18.3% Dow Jones Islamic91.8% S&P Shariah104.8% MSCI Islamic18.3% MSCI Islamic M-Series104.8% FTSE Shariah18.3% |
| GPOR Gulfport Energy Corp | NON_COMPLIANT | 3.26% | AAOIFI29.1% Usmani29.1% Dow Jones Islamic28.3% S&P Shariah30.4% MSCI Islamic29.1% MSCI Islamic M-Series30.4% FTSE Shariah29.1% |
| MO Altria Group Inc | NON_COMPLIANT | 3.25% | AAOIFI21.4% Usmani73.6% Dow Jones Islamic25.3% S&P Shariah28.5% MSCI Islamic73.6% MSCI Islamic M-Series28.5% FTSE Shariah73.6% |
| MGY Magnolia Oil & Gas Corp | NON_COMPLIANT | 3.23% | AAOIFI6.5% Usmani13.2% Dow Jones Islamic9.0% S&P Shariah9.4% MSCI Islamic13.2% MSCI Islamic M-Series9.4% FTSE Shariah12.5% |
| MLI Mueller Industries Inc | COMPLIANT | 3.18% | AAOIFI0.2% Usmani0.6% Dow Jones Islamic0.2% S&P Shariah0.3% MSCI Islamic0.6% MSCI Islamic M-Series0.3% FTSE Shariah0.1% |
| Bath & Body Works Inc | UNSCREENED | 3.17% | no in-house ratios for this holding |
| CRC California Resources Corp | NON_COMPLIANT | 3.15% | AAOIFI28.0% Usmani19.0% Dow Jones Islamic31.5% S&P Shariah34.1% MSCI Islamic19.0% MSCI Islamic M-Series34.1% FTSE Shariah18.0% |
| LNTH Lantheus Holdings Inc | COMPLIANT | 3.15% | AAOIFI1.9% Usmani5.2% Dow Jones Islamic2.2% S&P Shariah2.3% MSCI Islamic5.2% MSCI Islamic M-Series2.3% FTSE Shariah2.9% |
| AEO American Eagle Outfitters Inc | NON_COMPLIANT | 3.12% | AAOIFI76.9% Usmani44.9% Dow Jones Islamic67.0% S&P Shariah60.4% MSCI Islamic44.9% MSCI Islamic M-Series60.4% FTSE Shariah1.3% |
| NVR NVR Inc | COMPLIANT | 3.10% | AAOIFI0.0% Usmani0.0% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.0% MSCI Islamic M-Series0.0% FTSE Shariah0.0% |
| LPX Louisiana-Pacific Corp | COMPLIANT | 3.01% | AAOIFI8.0% Usmani14.5% Dow Jones Islamic6.1% S&P Shariah6.5% MSCI Islamic14.5% MSCI Islamic M-Series6.5% FTSE Shariah13.3% |
| DECK Deckers Outdoor Corp | COMPLIANT | 2.89% | AAOIFI4.2% Usmani12.2% Dow Jones Islamic2.6% S&P Shariah2.5% MSCI Islamic12.2% MSCI Islamic M-Series2.5% FTSE Shariah0.0% |
| FIZZ National Beverage Corp | COMPLIANT | 2.85% | AAOIFI2.0% Usmani10.1% Dow Jones Islamic1.8% S&P Shariah1.7% MSCI Islamic10.1% MSCI Islamic M-Series1.7% FTSE Shariah0.0% |
| BTU Peabody Energy Corp | COMPLIANT | 2.80% | AAOIFI11.8% Usmani7.8% Dow Jones Islamic15.1% S&P Shariah14.8% MSCI Islamic7.8% MSCI Islamic M-Series14.8% FTSE Shariah6.2% |
| OLN Olin Corp | NON_COMPLIANT | 2.72% | AAOIFI167.1% Usmani45.8% Dow Jones Islamic116.6% S&P Shariah89.2% MSCI Islamic45.8% MSCI Islamic M-Series89.2% FTSE Shariah40.7% |
| KLAC KLA Corp | COMPLIANT | 2.32% | AAOIFI2.5% Usmani34.3% Dow Jones Islamic4.0% S&P Shariah4.7% MSCI Islamic34.3% MSCI Islamic M-Series4.7% FTSE Shariah32.8% |
| First American Treasury Obliga | UNSCREENED | 0.29% | no in-house ratios for this holding |
| First American Government Obli | UNSCREENED | 0.29% | no in-house ratios for this holding |
| SCCO Southern Copper Corp | COMPLIANT | 0.00% | AAOIFI4.9% Usmani35.7% Dow Jones Islamic8.2% S&P Shariah9.3% MSCI Islamic35.7% MSCI Islamic M-Series9.3% FTSE Shariah33.1% |
The published standards disagree about this fund by 16 points of portfolio weight — 53.0% of it passes AAOIFI, 37.2% 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 53.0% ratios fail on 17.0% 30.0% not rated under AAOIFI
ratios pass on 37.2% ratios fail on 32.3% 30.5% not rated under Usmani
ratios pass on 49.3% ratios fail on 20.7% 30.0% not rated under Dow Jones Islamic
ratios pass on 46.1% ratios fail on 23.9% 30.0% not rated under S&P Shariah
ratios pass on 37.2% ratios fail on 38.3% 24.5% not rated under MSCI Islamic
ratios pass on 43.3% ratios fail on 26.7% 30.0% not rated under MSCI Islamic M-Series
ratios pass on 46.3% ratios fail on 26.8% 26.8% not rated under FTSE Shariah
27 of 33 listed holdings carry our own per-methodology verdicts (86% of weight). The rest hold a provider verdict with no methodology breakdown, and are counted as rated by none. Of those, 26 (82% 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.
The Acquirers Fund (ZIG) 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 ZIG — 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
Not enough completed daily bars to compute pivots.
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) | 54.00 | NEUTRAL |
| Stochastic %K (14) | 39.86 | NEUTRAL |
| CCI (20) | 12.51 | NEUTRAL |
| Williams %R (14) | -60.14 | NEUTRAL |
| MACD (12,26,9) | -0.04 | SELL |
| ROC (10) | 1.37 | BUY |
| Momentum (10) | 0.55 | BUY |
| EMA (10) | 40.56 | SELL |
| SMA (10) | 40.81 | SELL |
| EMA (20) | 40.31 | SELL |
| SMA (20) | 40.41 | SELL |
| EMA (30) | 40.12 | BUY |
| SMA (30) | 39.78 | BUY |
| EMA (50) | 39.94 | BUY |
| SMA (50) | 39.60 | BUY |
| EMA (100) | 39.73 | BUY |
| SMA (100) | 39.81 | BUY |
| EMA (200) | 39.16 | BUY |
| SMA (200) | 39.49 | BUY |
About The Acquirers Fund
The fund is an actively managed exchange-traded fund (“ETF”) and seeks to invests in equity securities of U.S.-listed companies that the fund’s investment adviser, believes to be undervalued, but fundamentally strong. The adviser typically selects approximately 30 stocks from the largest 25% of all stocks. The fund may invest in companies in any economic sector and may frequently and actively purchase and sell securities.
Background via Yahoo Finance — informational, not part of the verdict.
No real edge — avoid
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 | RANGING | 44 |
| ⏱ 15-Min | BULLISH | 15 |
| ⏲ 5-Min | BEARISH | 46 |
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.