First Trust Dorsey Wright Momentum & Value ETF

DVLU

First Trust

First Trust Dorsey Wright Momentum & Value ETF (DVLU) on the Akinda fund screen (AAOIFI-derived): Not halal. Coverage 99.87%. 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: 99.87%

Halal 23.70%
Doubtful 5.50%
Not halal 70.67%
Not rated 0.13%

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: First Trust
Venue (where it trades): United States
Domicile (where it is registered): United States
Reporting currency: USD
Expense ratio: 0.60%
AUM: 47.01M USD
Holdings: 50 (50 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

Rulebook	Verdict	Halal	Not halal
Akinda fund screen (AAOIFI)	Not halal	23.70%	70.67%
DJIM	Not halal	26.61%	72.06%
FTSE	Not halal	38.97%	59.70%
MSCI	Not halal	38.97%	59.70%
S&P	Not halal	26.61%	72.06%

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 50 holdings, largest first · basket as of 30 Oct 2026

No.	Holding	Weight	Akinda (AAOIFI)	DJIM	FTSE	MSCI	S&P
No.	Holding	Weight	Akinda (AAOIFI)	DJIM	FTSE	MSCI	S&P
1	APAAPA Corporation	3.41%	Not halal	Not halal	Halal	Halal	Not halal
2	GMGeneral Motors Company	3.40%	Not halal	Not halal	Not halal	Not halal	Not halal
3	LNGCheniere Energy, Inc.	3.21%	Not halal	Not halal	Not halal	Not halal	Not halal
4	COFCapital One Financial Corporation	3.12%	Not halal	Not halal	Not halal	Not halal	Not halal
5	CNCCentene Corporation	3.11%	Not halal	Not halal	Not halal	Not halal	Not halal
6	DINOHF Sinclair Corp.	2.97%	Halal	Halal	Halal	Halal	Halal
7	TRVThe Travelers Companies, Inc.	2.91%	Not halal	Not halal	Not halal	Not halal	Not halal
8	OSKOshkosh Corporation	2.91%	Doubtful	Halal	Not halal	Not halal	Halal
9	PFGPrincipal Financial Group, Inc.	2.84%	Not halal	Not halal	Not halal	Not halal	Not halal
10	PSXPhillips 66	2.80%	Not halal	Not halal	Halal	Halal	Not halal
11	CFCF Industries Holdings, Inc.	2.77%	Halal	Halal	Halal	Halal	Halal
12	MPCMarathon Petroleum Corporation	2.73%	Not halal	Not halal	Not halal	Not halal	Not halal
13	CCitigroup Inc.	2.68%	Not halal	Not halal	Not halal	Not halal	Not halal
14	IVZInvesco Ltd.	2.63%	Not halal	Not halal	Not halal	Not halal	Not halal
15	CAHCardinal Health, Inc.	2.61%	Halal	Halal	Halal	Halal	Halal
16	CVXChevron Corporation	2.60%	Halal	Halal	Halal	Halal	Halal
17	ONBOld National Bancorp	2.56%	Not halal	Not halal	Not halal	Not halal	Not halal
18	SNXTD SYNNEX Corporation	2.54%	Not halal	Not halal	Halal	Halal	Not halal
19	VLOValero Energy Corporation	2.51%	Halal	Halal	Halal	Halal	Halal
20	SMCISuper Micro Computer, Inc.	2.26%	Not halal	Not halal	Halal	Halal	Not halal
21	BPOPPopular, Inc.	2.24%	Not halal	Not halal	Not halal	Not halal	Not halal
22	CFGCitizens Financial Group, Inc.	2.20%	Not halal	Not halal	Not halal	Not halal	Not halal
23	DGDollar General Corporation	2.10%	Halal	Halal	Halal	Halal	Halal
24	PGRThe Progressive Corporation	2.08%	Not halal	Not halal	Not halal	Not halal	Not halal
25	DALDelta Air Lines, Inc.	2.02%	Not halal	Not halal	Halal	Halal	Not halal
26	STTState Street Corporation	1.82%	Not halal	Not halal	Not halal	Not halal	Not halal
27	PRIPrimerica, Inc.	1.80%	Not halal	Not halal	Not halal	Not halal	Not halal
28	HPQHP Inc.	1.65%	Not halal	Not halal	Halal	Halal	Not halal
29	CFRCullen/Frost Bankers, Inc.	1.64%	Not halal	Not halal	Not halal	Not halal	Not halal
30	OXYOccidental Petroleum Corporation	1.60%	Not halal	Not halal	Halal	Halal	Not halal
31	JAZZJazz Pharmaceuticals Plc	1.53%	Not halal	Not halal	Not halal	Not halal	Not halal
32	RSReliance Inc.	1.52%	Halal	Halal	Halal	Halal	Halal
33	NEMNewmont Corporation	1.47%	Halal	Halal	Halal	Halal	Halal
34	USFDUS Foods Holding Corp.	1.43%	Not halal	Not halal	Not halal	Not halal	Not halal
35	HASHasbro, Inc.	1.42%	Not halal	Not halal	Not halal	Not halal	Not halal
36	FDSFactSet Research Systems Inc.	1.39%	Doubtful	Not halal	Not halal	Not halal	Not halal
37	WCCWESCO International, Inc.	1.37%	Not halal	Not halal	Not halal	Not halal	Not halal
38	CRMSalesforce, Inc.	1.33%	Halal	Halal	Halal	Halal	Halal
39	JPMJPMorgan Chase & Co.	1.30%	Not halal	Not halal	Not halal	Not halal	Not halal
40	HUMHumana Inc.	1.26%	Not halal	Not halal	Not halal	Not halal	Not halal
41	SWKSSkyworks Solutions, Inc.	1.20%	Doubtful	Not rated	Not rated	Not rated	Not rated
42	MSMorgan Stanley	1.14%	Not halal	Not halal	Not halal	Not halal	Not halal
43	BNYThe Bank of New York Mellon Corporation	1.09%	Not halal	Not halal	Not halal	Not halal	Not halal
44	ARMKAramark	1.04%	Not halal	Not halal	Not halal	Not halal	Not halal
45	EHCEncompass Health Corporation	1.03%	Halal	Halal	Halal	Halal	Halal
46	EXELExelixis, Inc.	1.00%	Halal	Halal	Not halal	Not halal	Halal
47	WDAYWorkday, Inc. (Class A)	0.99%	Halal	Halal	Halal	Halal	Halal
48	CPAYCorpay, Inc.	0.98%	Not halal	Not halal	Not halal	Not halal	Not halal
49	SCHWThe Charles Schwab Corporation	0.86%	Not halal	Not halal	Not halal	Not halal	Not halal
50	MUMicron Technology, Inc.	0.81%	Halal	Halal	Halal	Halal	Halal

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

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