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Defiance AI & Power Infrastructure ETF

AIPO

Defiance

Defiance AI & Power Infrastructure ETF (AIPO) on the Akinda fund screen (AAOIFI-derived): Not halal. Coverage 99.48%. Below: the fund under all five rulebooks, its facts and every holding with its own verdict.

Akinda fund screen

Akinda fund screen (AAOIFI-derived)Not halalCoverage: 99.48%
  • Halal 63.88%
  • Doubtful 14.42%
  • Not halal 21.18%
  • Not rated 0.52%

The bar is scaled to fit; the figures are as reported, and the buckets do not always total 100%.

Coverage is the share of the fund's weight we hold a usable verdict for. Below 95%, a fund is rated only when the weight we can see already breaches the 5% limit; otherwise it is not rated by this method.

Fund facts

Issuer
Defiance
Venue (where it trades)
United States
Domicile (where it is registered)
United States
Reporting currency
USD
Expense ratio
0.69%
AUM
823.25M USD
Holdings
85 (84 screened)
Basket as of (provider)
30 Oct 2026
Basket fetched by Akinda
30 Oct 2026
Verdict updated
3 Nov 2026

Venue is where a fund trades; domicile is where it is registered. London-listed funds are domiciled in Ireland or Luxembourg, so use Venue for UK ETFs.

Five rulebooks

RulebookVerdictHalalNot halalSplit (0–100%)
Akinda fund screen (AAOIFI)Not halal63.88%21.18%
DJIMNot halal64.82%21.44%
FTSENot halal50.83%35.43%
MSCINot halal51.82%34.43%
S&PNot halal65.38%20.87%

Every bar uses the same 0–100% scale. Index rulebooks report only halal and not-halal weight; uncoloured weight is weight that rulebook does not classify. Coverage is published for the Akinda fund screen only.

The fund screen and the four index rulebooks answer different questions, so they are expected to disagree. A fund can be doubtful on our fund screen and halal under S&P; both are correct.

Holdings

1–50 of 85 holdings, largest first · basket as of 30 Oct 2026
No.HoldingWeightAkinda (AAOIFI)DJIMFTSEMSCIS&P
1
PWRQuanta Services Inc
9.18%HalalHalalHalalHalalHalal
2
ETNEaton Corp PLC
8.59%DoubtfulNot ratedNot ratedNot ratedNot rated
3
GEVGE Vernova Inc
8.46%HalalHalalHalalHalalHalal
4
VRTVertiv Holdings Co
7.21%HalalHalalHalalHalalHalal
5
BEBloom Energy Corp
4.76%HalalHalalNot halalNot halalHalal
6
NVDANVIDIA Corp
4.33%HalalHalalHalalHalalHalal
7
AVGOBroadcom Inc
4.29%HalalHalalNot halalNot halalHalal
8
GOOGLAlphabet Inc
3.89%DoubtfulNot ratedNot ratedNot ratedNot rated
9
CCJCameco Corp
3.61%HalalHalalHalalHalalHalal
10
CEGConstellation Energy Corp
3.50%HalalHalalHalalHalalHalal
11
AMDAdvanced Micro Devices Inc
2.86%HalalHalalHalalHalalHalal
12
HUBBHubbell Inc
1.99%HalalHalalHalalHalalHalal
13
NVTnVent Electric PLC
1.94%HalalHalalHalalHalalHalal
14
XELXcel Energy Inc
1.85%Not halalNot halalNot halalNot halalNot halal
15
DDominion Energy Inc
1.85%Not halalNot halalNot halalNot halalNot halal
16
VSTVistra Corp
1.82%Not halalNot halalNot halalNot halalNot halal
17
PEGPublic Service Enterprise Group Inc
1.34%Not halalNot halalNot halalNot halalNot halal
18
GNRCGenerac Holdings Inc
1.27%HalalHalalHalalHalalHalal
19
BWXTBWX Technologies Inc
1.19%DoubtfulHalalNot halalNot halalHalal
20
PCGPG&E Corp
1.02%Not halalNot halalNot halalNot halalNot halal
21
MTZMasTec Inc
1.01%HalalHalalHalalHalalHalal
22
STRLSterling Infrastructure Inc
1.00%HalalHalalHalalHalalHalal
23
MRVLMARVELL TECHNOLOGY INC
0.80%Not halalNot halalNot halalNot halalNot halal
24
VMIValmont Industries Inc
0.77%HalalHalalHalalHalalHalal
25
FPSForgent Power Solutions Inc
0.76%HalalHalalHalalHalalHalal
26
ENSEnerSys
0.75%DoubtfulNot ratedNot ratedNot ratedNot rated
27
NXGPFNexGen Energy Ltd
0.75%Not halalNot halalNot halalNot halalNot halal
28
EVRGEvergy Inc
0.69%Not halalNot halalNot halalNot halalNot halal
29
ITRIItron Inc
0.62%HalalHalalNot halalNot halalHalal
30
EQIXEquinix Inc
0.58%HalalHalalNot halalNot halalHalal
31
TLNTalen Energy Corp
0.55%Not halalNot halalNot halalNot halalNot halal
32
DYDycom Industries Inc
0.54%Not halalNot halalNot halalNot halalNot halal
33
OKLOOklo Inc
0.52%Not halalNot halalNot halalNot halalNot halal
34
DLRDigital Realty Trust Inc
0.46%Not halalNot halalNot halalNot halalNot halal
35
ALABAstera Labs Inc
0.46%HalalHalalNot halalNot halalHalal
36
UECUranium Energy Corp
0.45%Not halalNot halalNot halalNot halalNot halal
37
SHLSShoals Technologies Group Inc
0.45%HalalHalalHalalHalalHalal
38
AMSCAmerican Superconductor Corp
0.44%HalalHalalHalalHalalHalal
39
INIOInnio NV
0.44%HalalHalalNot halalNot halalHalal
40
XEX-Energy Inc
0.44%Not halalNot halalNot halalNot halalNot halal
41
PSIXPower Solutions International Inc
0.44%HalalHalalHalalHalalHalal
42
ARMARM Holdings PLC
0.42%HalalHalalNot halalNot halalHalal
43
DNNDenison Mines Corp
0.40%Not halalNot halalNot halalNot halalNot halal
44
SMRNuScale Power Corp
0.40%Not halalNot halalNot halalNot halalNot halal
45
MYRGMYR Group Inc
0.40%HalalHalalNot halalHalalHalal
46
NBISNebius Group NV
0.39%Not halalNot halalNot halalNot halalNot halal
47
AESAES Corp/The
0.38%Not halalNot halalNot halalNot halalNot halal
48
PNWPinnacle West Capital Corp
0.35%Not halalNot halalNot halalNot halalNot halal
49
LSCCLattice Semiconductor Corp
0.35%HalalHalalHalalHalalHalal
50
FCELFuelCell Energy Inc
0.34%Not halalNot halalNot halalHalalHalal

Not rated means we hold no usable verdict for that company; it is never treated as compliant.

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