logo
← ETF screener

First Trust Materials AlphaDEX Fund

FXZ

First Trust

First Trust Materials AlphaDEX Fund (FXZ) on the Akinda fund screen (AAOIFI-derived): Not halal. Coverage 99.82%. 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: 99.82%
  • Halal 68.74%
  • Doubtful 7.44%
  • Not halal 23.63%
  • Not rated 0.18%

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
0.64%
AUM
361.20M USD
Holdings
39 (39 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

RulebookVerdictHalalNot halalSplit (0–100%)
Akinda fund screen (AAOIFI)Not halal68.74%23.63%
DJIMNot halal70.34%23.63%
FTSENot halal66.56%27.41%
MSCINot halal66.56%27.41%
S&PNot halal72.26%21.72%

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

1–39 of 39 holdings, largest first · basket as of 3 Nov 2026
No.HoldingWeightAkinda (AAOIFI)DJIMFTSEMSCIS&P
1
STLDSteel Dynamics, Inc.
5.56%HalalHalalHalalHalalHalal
2
CFCF Industries Holdings, Inc.
5.26%HalalHalalHalalHalalHalal
3
AAAlcoa Corporation
4.59%HalalHalalHalalHalalHalal
4
NEMNewmont Corporation
4.54%HalalHalalHalalHalalHalal
5
SCCOSouthern Copper Corporation
4.31%HalalHalalHalalHalalHalal
6
AUAngloGold Ashanti plc
4.17%HalalHalalHalalHalalHalal
7
AUGOAura Minerals Inc.
4.14%HalalHalalHalalHalalHalal
8
NUENucor Corporation
4.03%HalalHalalHalalHalalHalal
9
OLNOlin Corporation
3.91%Not halalNot halalNot halalNot halalNot halal
10
EMNEastman Chemical Company
3.53%Not halalNot halalNot halalNot halalNot halal
11
MLIMueller Industries, Inc.
3.10%HalalHalalNot halalNot halalHalal
12
NEUNewMarket Corporation
3.00%DoubtfulNot ratedNot ratedNot ratedNot rated
13
RSReliance Inc.
2.93%HalalHalalHalalHalalHalal
14
MOSThe Mosaic Company
2.92%Not halalNot halalHalalHalalNot halal
15
LINLinde Plc
2.80%HalalHalalHalalHalalHalal
16
AVYAvery Dennison Corporation
2.75%HalalHalalNot halalNot halalHalal
17
HLHecla Mining Company
2.73%HalalHalalHalalHalalHalal
18
FASTFastenal Company
2.70%HalalHalalHalalHalalHalal
19
CDECoeur Mining, Inc.
2.56%HalalHalalHalalHalalHalal
20
RGLDRoyal Gold, Inc.
2.50%HalalHalalHalalHalalHalal
21
TKRThe Timken Company
2.45%Not halalNot halalHalalHalalNot halal
22
CLFCleveland-Cliffs Inc.
2.23%Not halalNot halalNot halalNot halalNot halal
23
ALBAlbemarle Corporation
2.22%HalalHalalHalalHalalHalal
24
LYBLyondellBasell Industries N.V.
2.05%Not halalNot halalNot halalNot halalNot halal
25
IFFInternational Flavors & Fragrances Inc.
1.92%Not halalNot halalHalalHalalHalal
26
ECLEcolab Inc.
1.90%HalalHalalNot halalNot halalHalal
27
ALMAlmonty Industries Inc.
1.71%HalalHalalNot halalNot halalHalal
28
HXLHexcel Corporation
1.60%DoubtfulHalalNot halalNot halalHalal
29
RBCRBC Bearings Incorporated
1.59%DoubtfulNot ratedNot ratedNot ratedNot rated
30
FCXFreeport-McMoRan Inc.
1.54%HalalHalalHalalHalalHalal
31
CRSCarpenter Technology Corporation
1.25%DoubtfulNot ratedNot ratedNot ratedNot rated
32
SMGThe Scotts Miracle-Gro Company
1.07%Not halalNot halalNot halalNot halalNot halal
33
APDAir Products and Chemicals, Inc.
0.98%HalalHalalNot halalNot halalHalal
34
CECelanese Corporation
0.96%Not halalNot halalNot halalNot halalNot halal
35
IPInternational Paper Company
0.94%Not halalNot halalHalalHalalNot halal
36
WLKWestlake Corporation
0.94%Not halalNot halalHalalHalalNot halal
37
SOLSSolstice Advanced Materials Inc.
0.92%HalalHalalNot halalNot halalHalal
38
ESIElement Solutions Inc
0.81%HalalHalalHalalHalalHalal
39
MPMP Materials Corp.
0.72%Not halalNot halalNot halalNot halalNot halal

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

How Akinda screens funds and stocks