First Trust Value Line Dividend Index ETF (CAD-Hedged)

FUD.TO

First Trust

First Trust Value Line Dividend Index ETF (CAD-Hedged) (FUD.TO) on the Akinda fund screen (AAOIFI-derived): Not halal. Coverage 95.01%. 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: 95.01%

Halal 28.56%
Doubtful 5.81%
Not halal 60.64%
Not rated 4.99%

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): Canada
Domicile (where it is registered): Canada
Reporting currency: CAD
Expense ratio: 0.70%
AUM: 7.96M CAD
Holdings: 239 (229 screened)
Basket as of (provider): 3 Nov 2026
Basket fetched by Akinda: 3 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	28.56%	60.64%
DJIM	Not halal	31.93%	59.39%
FTSE	Not halal	18.95%	73.57%
MSCI	Not halal	18.95%	73.57%
S&P	Not halal	33.59%	57.73%

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 238 holdings, largest first · basket as of 3 Nov 2026

No.	Holding	Weight	Akinda (AAOIFI)	DJIM	FTSE	MSCI	S&P
No.	Holding	Weight	Akinda (AAOIFI)	DJIM	FTSE	MSCI	S&P
1	ATRAptarGroup, Inc.	0.44%	Halal	Halal	Halal	Halal	Halal
2	AZN.LAstraZeneca Plc	0.44%	Halal	Halal	Halal	Halal	Halal
3	GILDGilead Sciences, Inc.	0.44%	Halal	Halal	Not halal	Not halal	Halal
4	LECOLincoln Electric Holdings, Inc.	0.44%	Halal	Halal	Not halal	Not halal	Halal
5	PPGPPG Industries, Inc.	0.44%	Halal	Halal	Halal	Halal	Halal
6	0Y0Y.LAccenture plc	0.43%	Doubtful	Not rated	Not rated	Not rated	Not rated
7	AMGNAmgen Inc.	0.43%	Not halal	Not halal	Not halal	Not halal	Not halal
8	AONAon Plc (Class A)	0.43%	Not halal	Not halal	Not halal	Not halal	Not halal
9	CMCSAComcast Corporation (Class A)	0.43%	Not halal	Not halal	Not halal	Not halal	Not halal
10	ECLEcolab Inc.	0.43%	Halal	Halal	Not halal	Not halal	Halal
11	ICEIntercontinental Exchange, Inc.	0.43%	Not halal	Not halal	Not halal	Not halal	Not halal
12	JJacobs Solutions Inc.	0.43%	Doubtful	Not rated	Not rated	Not rated	Not rated
13	LHXL3Harris Technologies, Inc.	0.43%	Doubtful	Halal	Not halal	Not halal	Halal
14	LOWLowe's Companies, Inc.	0.43%	Not halal	Halal	Not halal	Not halal	Halal
15	MOAltria Group, Inc.	0.43%	Not halal	Not halal	Not halal	Not halal	Not halal
16	MRKMerck & Co., Inc.	0.43%	Halal	Halal	Not halal	Not halal	Halal
17	NOVN.SWNovartis AG (ADR)	0.43%	Not rated	Not rated	Not rated	Not rated	Not rated
18	PSAPublic Storage	0.43%	Halal	Halal	Not halal	Not halal	Halal
19	RPMRPM International Inc.	0.43%	Doubtful	Halal	Halal	Halal	Halal
20	SAN.PASanofi (ADR)	0.43%	Not rated	Not rated	Not rated	Not rated	Not rated
21	TMUST-Mobile US, Inc.	0.43%	Not halal	Not halal	Not halal	Not halal	Not halal
22	WECWEC Energy Group, Inc.	0.43%	Not halal	Not halal	Not halal	Not halal	Not halal
23	0Y6X.LMedtronic Plc	0.42%	Halal	Halal	Halal	Halal	Halal
24	4502.TTakeda Pharmaceutical Company Limited (ADR)	0.42%	Not rated	Not rated	Not rated	Not rated	Not rated
25	ABBVAbbVie Inc.	0.42%	Halal	Halal	Not halal	Not halal	Halal
26	AEEAmeren Corporation	0.42%	Not halal	Not halal	Not halal	Not halal	Not halal
27	AFGAmerican Financial Group, Inc.	0.42%	Not halal	Not halal	Not halal	Not halal	Not halal
28	AFLAflac Incorporated	0.42%	Not halal	Not halal	Not halal	Not halal	Not halal
29	AIZAssurant, Inc.	0.42%	Not halal	Not halal	Not halal	Not halal	Not halal
30	AJGArthur J. Gallagher & Co.	0.42%	Not halal	Not halal	Not halal	Not halal	Not halal
31	ALLThe Allstate Corporation	0.42%	Not halal	Not halal	Not halal	Not halal	Not halal
32	AMC.AXAmcor plc	0.42%	Not halal	Not halal	Not halal	Not halal	Not halal
33	APDAir Products and Chemicals, Inc.	0.42%	Halal	Halal	Not halal	Not halal	Halal
34	AWKAmerican Water Works Company, Inc.	0.42%	Not halal	Not halal	Not halal	Not halal	Not halal
35	AXS-PEAxis Capital Holdings Limited	0.42%	Not halal	Not halal	Not halal	Not halal	Not halal
36	BATS.LBritish American Tobacco Plc (ADR)	0.42%	Not halal	Not halal	Not halal	Not halal	Not halal
37	BKHBlack Hills Corporation	0.42%	Not halal	Not halal	Not halal	Not halal	Not halal
38	CHDChurch & Dwight Co., Inc.	0.42%	Halal	Halal	Halal	Halal	Halal
39	CINFCincinnati Financial Corporation	0.42%	Not halal	Not halal	Not halal	Not halal	Not halal
40	CLColgate-Palmolive Company	0.42%	Halal	Halal	Not halal	Not halal	Halal
41	CNPCenterPoint Energy, Inc.	0.42%	Not halal	Not halal	Not halal	Not halal	Not halal
42	DDominion Energy, Inc.	0.42%	Not halal	Not halal	Not halal	Not halal	Not halal
43	DGXQuest Diagnostics Incorporated	0.42%	Not halal	Not halal	Not halal	Not halal	Not halal
44	DOVDover Corporation	0.42%	Halal	Halal	Halal	Halal	Halal
45	DTEDTE Energy Company	0.42%	Not halal	Not halal	Not halal	Not halal	Not halal
46	DUKDuke Energy Corporation	0.42%	Halal	Halal	Halal	Halal	Halal
47	EMREmerson Electric Co.	0.42%	Halal	Halal	Halal	Halal	Halal
48	ENB.TOEnbridge Inc.	0.42%	Not halal	Not halal	Not halal	Not halal	Not halal
49	ETREntergy Corporation	0.42%	Not halal	Not halal	Not halal	Not halal	Not halal
50	EXCExelon Corporation	0.42%	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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