First Trust Total US Market AlphaDEX ETF

FVI

First Trust

First Trust Total US Market AlphaDEX ETF (FVI) on the Akinda fund screen (AAOIFI-derived): Not halal. Coverage 76.02%. 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: 76.02%

Halal 19.01%
Doubtful 5.53%
Not halal 51.48%
Not rated 23.98%

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: —
AUM: 2.09M USD
Holdings: 410 (313 screened)
Basket as of (provider): 17 Apr 2023
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	19.01%	51.48%
DJIM	Not halal	19.60%	51.46%
FTSE	Not halal	22.44%	49.27%
MSCI	Not halal	23.31%	48.07%
S&P	Not halal	22.52%	48.07%

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 410 holdings, largest first · basket as of 17 Apr 2023

No.	Holding	Weight	Akinda (AAOIFI)	DJIM	FTSE	MSCI	S&P
No.	Holding	Weight	Akinda (AAOIFI)	DJIM	FTSE	MSCI	S&P
1	WRLDWorld Acceptance Corporation	0.45%	Not halal	Not halal	Not halal	Not halal	Not halal
2	WTMWhite Mountains Insurance Group Ltd.	0.40%	Not halal	Not halal	Not halal	Not halal	Not halal
3	HTLFHeartland Financial USA, Inc.	0.40%	Not rated	Not rated	Not rated	Not rated	Not rated
4	NBTBNBT Bancorp Inc.	0.40%	Not halal	Not halal	Not halal	Not halal	Not halal
5	TRMKTrustmark Corporation	0.40%	Not halal	Not halal	Not halal	Not halal	Not halal
6	OCFCOceanFirst Financial Corp.	0.40%	Not halal	Not halal	Not halal	Not halal	Not halal
7	WTSWatts Water Technologies, Inc.	0.40%	Halal	Halal	Halal	Halal	Halal
8	STARiStar Inc.	0.40%	Not rated	Not rated	Not rated	Not rated	Not rated
9	PACKRanpak Holdings Corp.	0.40%	Not halal	Not halal	Not halal	Not halal	Not halal
10	MCBMetropolitan Bank Holding Corp.	0.40%	Not halal	Not halal	Not halal	Not halal	Not halal
11	CNOBConnectOne Bancorp, Inc.	0.40%	Not halal	Not halal	Not halal	Not halal	Not halal
12	HGVHilton Grand Vacations Inc.	0.39%	Not halal	Not halal	Not halal	Not halal	Not halal
13	TOWNTowneBank	0.39%	Not halal	Not halal	Not halal	Not halal	Not halal
14	SRCE1st Source Corporation	0.39%	Not halal	Not halal	Not halal	Not halal	Not halal
15	SASRSandy Spring Bancorp, Inc.	0.39%	Not rated	Not rated	Not rated	Not rated	Not rated
16	STBAS&T Bancorp, Inc.	0.39%	Not halal	Not halal	Not halal	Not halal	Not halal
17	BYByline Bancorp, Inc.	0.39%	Not halal	Not halal	Not halal	Not halal	Not halal
18	CDMOAvid Bioservices, Inc.	0.39%	Not rated	Not rated	Not rated	Not rated	Not rated
19	AMBAAmbarella, Inc.	0.39%	Halal	Halal	Not halal	Not halal	Halal
20	AMSFAMERISAFE, Inc.	0.39%	Not halal	Not halal	Not halal	Not halal	Not halal
21	LTCLTC Properties, Inc.	0.39%	Not halal	Not halal	Not halal	Not halal	Not halal
22	SFNCSimmons First National Corporation	0.39%	Not halal	Not halal	Not halal	Not halal	Not halal
23	PFSProvident Financial Services, Inc.	0.39%	Not halal	Not halal	Not halal	Not halal	Not halal
24	HQYHealthEquity, Inc.	0.39%	Doubtful	Not rated	Not rated	Not rated	Not rated
25	LBAILakeland Bancorp, Inc.	0.39%	Not rated	Not rated	Not rated	Not rated	Not rated
26	HMSTHomeStreet, Inc.	0.39%	Not rated	Not rated	Not rated	Not rated	Not rated
27	PORPortland General Electric Company	0.39%	Not halal	Not halal	Not halal	Not halal	Not halal
28	BECNBeacon Roofing Supply, Inc.	0.39%	Not rated	Not rated	Not rated	Not rated	Not rated
29	SFMSprouts Farmers Market, Inc.	0.38%	Halal	Halal	Halal	Halal	Halal
30	TBITrueBlue, Inc.	0.38%	Not halal	Not halal	Not halal	Not halal	Not halal
31	RNSTRenasant Corporation	0.38%	Not halal	Not halal	Not halal	Not halal	Not halal
32	LNTHLantheus Holdings, Inc.	0.38%	Halal	Halal	Halal	Halal	Halal
33	OGSONE Gas, Inc.	0.38%	Not halal	Not halal	Not halal	Not halal	Not halal
34	FNKOFunko, Inc. (Class A)	0.38%	Not halal	Not halal	Halal	Halal	Not halal
35	KNKnowles Corporation	0.38%	Doubtful	Not rated	Not rated	Not rated	Not rated
36	MGRCMcGrath RentCorp	0.38%	Halal	Halal	Halal	Halal	Halal
37	BKHBlack Hills Corporation	0.38%	Not halal	Not halal	Not halal	Not halal	Not halal
38	VSATViaSat, Inc.	0.38%	Not halal	Not halal	Not halal	Not halal	Not halal
39	FLGTFulgent Genetics, Inc.	0.38%	Not halal	Not halal	Not halal	Not halal	Not halal
40	AQUAEvoqua Water Technologies Corp.	0.37%	Not rated	Not rated	Not rated	Not rated	Not rated
41	LOBLive Oak Bancshares, Inc.	0.37%	Not halal	Not halal	Not halal	Not halal	Not halal
42	MOG/AMoog Inc.	0.37%	Doubtful	Halal	Not halal	Not halal	Halal
43	ALEALLETE, Inc.	0.37%	Not rated	Not rated	Not rated	Not rated	Not rated
44	AIMCAltra Industrial Motion Corp.	0.37%	Not rated	Not rated	Not rated	Not rated	Not rated
45	REZIResideo Technologies, Inc.	0.37%	Not halal	Not halal	Not halal	Not halal	Not halal
46	APAAPA Corporation	0.37%	Not halal	Not halal	Halal	Halal	Not halal
47	SJISouth Jersey Industries, Inc.	0.37%	Not rated	Not rated	Not rated	Not rated	Not rated
48	NHINational Health Investors, Inc.	0.37%	Not halal	Not halal	Not halal	Not halal	Not halal
49	DLXDeluxe Corporation	0.37%	Not halal	Not halal	Not halal	Not halal	Not halal
50	JOEThe St. Joe Company	0.37%	Halal	Halal	Not halal	Not halal	Halal

...

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

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