First Trust Mid Cap Value AlphaDEX Fund

FNK

First Trust

First Trust Mid Cap Value AlphaDEX Fund (FNK) on the Akinda fund screen (AAOIFI-derived): Not halal. Coverage 99.60%. 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: 99.60%

Halal 24.01%
Doubtful 5.05%
Not halal 70.55%
Not rated 0.40%

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: 0.74%
AUM: 243.74M USD
Holdings: 225 (224 screened)
Basket as of (provider): 1 Nov 2026
Basket fetched by Akinda: 2 Nov 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	24.01%	70.55%
DJIM	Not halal	24.75%	71.94%
FTSE	Not halal	33.05%	63.81%
MSCI	Not halal	33.50%	63.35%
S&P	Not halal	27.15%	69.01%

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 225 holdings, largest first · basket as of 1 Nov 2026

No.	Holding	Weight	Akinda (AAOIFI)	DJIM	FTSE	MSCI	S&P
No.	Holding	Weight	Akinda (AAOIFI)	DJIM	FTSE	MSCI	S&P
1	ADTADT Inc.	1.11%	Not halal	Not halal	Not halal	Not halal	Not halal
2	RRCRange Resources Corporation	1.01%	Halal	Halal	Halal	Halal	Halal
3	APAAPA Corporation	0.87%	Not halal	Not halal	Halal	Halal	Not halal
4	ARAntero Resources Corporation	0.86%	Not halal	Not halal	Halal	Halal	Not halal
5	CNXCNX Resources Corporation	0.82%	Not halal	Not halal	Halal	Halal	Not halal
6	SMSM Energy Company	0.82%	Not halal	Not halal	Halal	Halal	Not halal
7	MURMurphy Oil Corporation	0.81%	Halal	Not halal	Halal	Halal	Halal
8	MTDRMatador Resources Company	0.81%	Not halal	Not halal	Halal	Halal	Not halal
9	CHRDChord Energy Corporation	0.80%	Halal	Halal	Halal	Halal	Halal
10	RDNRadian Group Inc.	0.79%	Not halal	Not halal	Not halal	Not halal	Not halal
11	ESNTEssent Group Ltd.	0.79%	Not halal	Not halal	Not halal	Not halal	Not halal
12	SRSpire Inc.	0.79%	Not halal	Not halal	Not halal	Not halal	Not halal
13	SWXSouthwest Gas Holdings, Inc.	0.78%	Not halal	Not halal	Not halal	Not halal	Not halal
14	WTMWhite Mountains Insurance Group Ltd.	0.77%	Not halal	Not halal	Not halal	Not halal	Not halal
15	MGYMagnolia Oil & Gas Corporation (Class A)	0.77%	Halal	Halal	Halal	Halal	Halal
16	EGEverest Group, Ltd.	0.77%	Not halal	Not halal	Not halal	Not halal	Not halal
17	SIRISirius XM Holdings Inc.	0.77%	Not halal	Not halal	Not halal	Not halal	Not halal
18	MHKMohawk Industries, Inc.	0.76%	Halal	Halal	Halal	Halal	Halal
19	AXSAxis Capital Holdings Limited	0.76%	Not halal	Not halal	Not halal	Not halal	Not halal
20	OZKBank OZK	0.75%	Not halal	Not halal	Not halal	Not halal	Not halal
21	MTGMGIC Investment Corporation	0.75%	Not halal	Not halal	Not halal	Not halal	Not halal
22	BYDBoyd Gaming Corporation	0.75%	Not halal	Not halal	Not halal	Not halal	Not halal
23	ACTEnact Holdings, Inc.	0.75%	Not halal	Not halal	Not halal	Not halal	Not halal
24	LYFTLyft, Inc. (Class A)	0.74%	Not halal	Halal	Halal	Halal	Halal
25	RNRRenaissanceRe Holdings Ltd.	0.73%	Not halal	Not halal	Not halal	Not halal	Not halal
26	MMacy's, Inc.	0.72%	Not halal	Not halal	Halal	Halal	Not halal
27	FAFFirst American Financial Corporation	0.72%	Not halal	Not halal	Not halal	Not halal	Not halal
28	NFGNational Fuel Gas Company	0.72%	Not halal	Not halal	Halal	Halal	Not halal
29	EPAMEPAM Systems, Inc.	0.71%	Doubtful	Not rated	Not rated	Not rated	Not rated
30	MCYMercury General Corporation	0.71%	Not halal	Not halal	Not halal	Not halal	Not halal
31	CMCCommercial Metals Company	0.70%	Not halal	Not halal	Halal	Halal	Not halal
32	LADLithia Motors, Inc.	0.70%	Not halal	Not halal	Not halal	Not halal	Not halal
33	CROXCrocs, Inc.	0.70%	Halal	Halal	Halal	Halal	Halal
34	SONSonoco Products Company	0.70%	Not halal	Not halal	Not halal	Not halal	Not halal
35	MKCMcCormick & Company, Incorporated	0.70%	Halal	Halal	Halal	Halal	Halal
36	LNCLincoln National Corporation	0.70%	Not halal	Not halal	Not halal	Not halal	Not halal
37	INSWInternational Seaways, Inc.	0.69%	Halal	Halal	Halal	Halal	Halal
38	PBFPBF Energy Inc.	0.69%	Not halal	Not halal	Halal	Halal	Not halal
39	INGRIngredion Incorporated	0.69%	Halal	Halal	Halal	Halal	Halal
40	UHSUniversal Health Services, Inc. (Class B)	0.69%	Not halal	Not halal	Halal	Halal	Not halal
41	HRBH&R Block, Inc.	0.69%	Halal	Halal	Not halal	Not halal	Halal
42	LEALear Corporation	0.69%	Not halal	Not halal	Halal	Halal	Not halal
43	VSNTVersant Media Group, Inc. (Class A)	0.68%	Doubtful	Not halal	Not halal	Not halal	Not halal
44	MRPMillrose Properties, Inc. (Class A)	0.67%	Not halal	Not halal	Halal	Halal	Not halal
45	GAPThe Gap, Inc.	0.67%	Not halal	Not halal	Halal	Halal	Halal
46	ANFAbercrombie & Fitch Co. (Class A)	0.67%	Halal	Halal	Halal	Halal	Halal
47	GGenpact Limited	0.67%	Doubtful	Not rated	Not rated	Not rated	Not rated
48	AMTMAmentum Holdings, Inc.	0.66%	Not halal	Not halal	Not halal	Not halal	Not halal
49	URBNUrban Outfitters, Inc.	0.65%	Halal	Halal	Halal	Halal	Halal
50	SIGISelective Insurance Group, Inc.	0.65%	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.

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