ALPS Equal Sector Weight ETF

EQL

ALPS Funds

ALPS Equal Sector Weight ETF (EQL) on the Akinda fund screen (AAOIFI-derived): Not halal. Coverage 99.56%. 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: 99.56%

Halal 56.64%
Doubtful 9.61%
Not halal 33.31%
Not rated 0.44%

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: ALPS Funds
Venue (where it trades): United States
Domicile (where it is registered): United States
Reporting currency: USD
Expense ratio: 0.19%
AUM: 788.34M USD
Holdings: 497 (497 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	56.64%	33.31%
DJIM	Not halal	58.12%	34.78%
FTSE	Not halal	44.87%	49.09%
MSCI	Not halal	45.01%	48.91%
S&P	Not halal	59.71%	33.17%

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 497 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	GOOGLAlphabet Inc.	4.23%	Doubtful	Not rated	Not rated	Not rated	Not rated
2	AMZNAmazon.com Inc.	3.56%	Halal	Halal	Halal	Halal	Halal
3	XOMExxonMobil Holdings Corp.	2.81%	Halal	Halal	Halal	Halal	Halal
4	METAMeta Platforms Inc.	1.87%	Halal	Halal	Halal	Halal	Halal
5	LINLinde PLC	1.86%	Halal	Halal	Halal	Halal	Halal
6	AAPLApple Inc.	1.81%	Halal	Halal	Halal	Halal	Halal
7	NVDANVIDIA Corp.	1.77%	Halal	Halal	Halal	Halal	Halal
8	CVXChevron Corp.	1.70%	Halal	Halal	Halal	Halal	Halal
9	TSLATesla Inc.	1.70%	Halal	Halal	Halal	Halal	Halal
10	LLYEli Lilly & Co.	1.69%	Halal	Halal	Not halal	Not halal	Halal
11	WMTWalmart Inc.	1.67%	Halal	Halal	Halal	Halal	Halal
12	MSFTMicrosoft Corp.	1.38%	Halal	Halal	Halal	Halal	Halal
13	COSTCostco Wholesale Corp.	1.37%	Halal	Halal	Halal	Halal	Halal
14	WELLWelltower Inc.	1.36%	Halal	Halal	Halal	Halal	Halal
15	KOCoca-Cola Co.	1.24%	Halal	Halal	Not halal	Not halal	Halal
16	PGProcter & Gamble Co.	1.16%	Halal	Halal	Halal	Halal	Halal
17	NEENextEra Energy Inc.	1.15%	Not halal	Not halal	Not halal	Not halal	Not halal
18	BRK-BBerkshire Hathaway Inc.	1.10%	Not halal	Not halal	Not halal	Not halal	Not halal
19	PMPhilip Morris International Inc.	1.01%	Not halal	Not halal	Not halal	Not halal	Not halal
20	JPMJPMorgan Chase & Co.	0.99%	Not halal	Not halal	Not halal	Not halal	Not halal
21	PLDPrologis Inc.	0.98%	Not halal	Not halal	Not halal	Not halal	Halal
22	JNJJohnson & Johnson	0.96%	Halal	Halal	Halal	Halal	Halal
23	NEMNewmont Corp.	0.95%	Halal	Halal	Halal	Halal	Halal
24	EQIXEquinix Inc.	0.82%	Halal	Halal	Not halal	Not halal	Halal
25	VVisa Inc.	0.76%	Halal	Not halal	Not halal	Not halal	Not halal
26	FCXFreeport-McMoRan Inc.	0.76%	Halal	Halal	Halal	Halal	Halal
27	ABBVAbbVie Inc.	0.74%	Halal	Halal	Not halal	Not halal	Halal
28	SOSouthern Co.	0.72%	Not halal	Not halal	Not halal	Not halal	Not halal
29	AMTAmerican Tower Corp.	0.70%	Not halal	Not halal	Not halal	Not halal	Not halal
30	COPConocoPhillips	0.67%	Halal	Halal	Halal	Halal	Halal
31	DUKDuke Energy Corp.	0.66%	Halal	Halal	Halal	Halal	Halal
32	ECLEcolab Inc.	0.61%	Halal	Halal	Not halal	Not halal	Halal
33	SHWSherwin-Williams Co.	0.61%	Halal	Halal	Not halal	Not halal	Halal
34	CEGConstellation Energy Corp.	0.60%	Halal	Halal	Halal	Halal	Halal
35	AVGOBroadcom Inc.	0.57%	Halal	Halal	Not halal	Not halal	Halal
36	PEPPepsiCo Inc.	0.57%	Halal	Halal	Not halal	Not halal	Halal
37	APDAir Products and Chemicals Inc.	0.56%	Halal	Halal	Not halal	Not halal	Halal
38	SPGSimon Property Group Inc.	0.56%	Not halal	Not halal	Not halal	Not halal	Not halal
39	MAMastercard Inc.	0.56%	Doubtful	Not halal	Not halal	Not halal	Not halal
40	DLRDigital Realty Trust Inc.	0.55%	Not halal	Not halal	Not halal	Not halal	Not halal
41	UNHUnitedHealth Group Inc.	0.53%	Not halal	Not halal	Not halal	Not halal	Not halal
42	MRKMerck & Co. Inc.	0.52%	Halal	Halal	Not halal	Not halal	Halal
43	NUENucor Corp.	0.50%	Halal	Halal	Halal	Halal	Halal
44	GEGeneral Electric Co.	0.49%	Doubtful	Halal	Not halal	Not halal	Halal
45	HDHome Depot Inc.	0.49%	Halal	Halal	Not halal	Not halal	Halal
46	SPCXSpace Exploration Technologies Corp.	0.49%	Not halal	Not halal	Not halal	Not halal	Not halal
47	AEPAmerican Electric Power Co. Inc.	0.47%	Not halal	Not halal	Not halal	Not halal	Not halal
48	MPCMarathon Petroleum Corp.	0.45%	Not halal	Not halal	Not halal	Not halal	Not halal
49	CATCaterpillar Inc.	0.45%	Halal	Halal	Not halal	Not halal	Halal
50	ORealty Income Corp.	0.44%	Not halal	Not halal	Not halal	Not halal	Not halal

...

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

How Akinda screens funds and stocks