JPM US Hedged Equity Laddered Overlay Active UCITS ETF - USD (acc)

HELO.L

J.P. Morgan

JPM US Hedged Equity Laddered Overlay Active UCITS ETF - USD (acc) (HELO.L) on the Akinda fund screen (AAOIFI-derived): Not halal. Coverage 95.05%. 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: 95.05%

Halal 65.21%
Doubtful 9.92%
Not halal 19.92%
Not rated 4.95%

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: J.P. Morgan
Venue (where it trades): United Kingdom
Domicile (where it is registered): Ireland
Reporting currency: USD
Expense ratio: 0.50%
AUM: 15.63M USD
Holdings: 146 (142 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	65.21%	19.92%
DJIM	Not halal	67.14%	22.14%
FTSE	Not halal	50.28%	39.63%
MSCI	Not halal	50.38%	39.53%
S&P	Not halal	67.43%	21.84%

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 146 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	NVDANVIDIA CORP	7.80%	Halal	Halal	Halal	Halal	Halal
2	AAPLAPPLE INC	7.10%	Halal	Halal	Halal	Halal	Halal
3	MSFTMICROSOFT CORP	6.31%	Halal	Halal	Halal	Halal	Halal
4	AMZNAMAZON.COM INC	4.13%	Halal	Halal	Halal	Halal	Halal
5	GOOGLALPHABET INC-CL A	2.53%	Doubtful	Not rated	Not rated	Not rated	Not rated
6	AVGOBROADCOM INC	2.51%	Halal	Halal	Not halal	Not halal	Halal
7	METAMETA PLATFORMS INC-CLASS A	2.10%	Halal	Halal	Halal	Halal	Halal
8	GOOGALPHABET INC-CL C	1.82%	Doubtful	Not rated	Not rated	Not rated	Not rated
9	MUMICRON TECHNOLOGY INC	1.53%	Halal	Halal	Halal	Halal	Halal
10	XOMEXXONMOBIL HOLDINGS CORP	1.48%	Halal	Halal	Halal	Halal	Halal
11	JNJJOHNSON & JOHNSON	1.48%	Halal	Halal	Halal	Halal	Halal
12	LLYELI LILLY & CO	1.47%	Halal	Halal	Not halal	Not halal	Halal
13	MAMASTERCARD INC - A	1.41%	Doubtful	Not halal	Not halal	Not halal	Not halal
14	TSLATESLA INC	1.37%	Halal	Halal	Halal	Halal	Halal
15	BRK-BBERKSHIRE HATHAWAY INC-CL B	1.28%	Not halal	Not halal	Not halal	Not halal	Not halal
16	ABBVABBVIE INC	1.23%	Halal	Halal	Not halal	Not halal	Halal
17	AMDADVANCED MICRO DEVICES	1.16%	Halal	Halal	Halal	Halal	Halal
18	VVISA INC-CLASS A SHARES	1.08%	Halal	Not halal	Not halal	Not halal	Not halal
19	RTXRTX CORP	1.05%	Doubtful	Halal	Not halal	Not halal	Halal
20	0Y0Y.LACCENTURE PLC-CL A	0.98%	Not rated	Not rated	Not rated	Not rated	Not rated
21	NEENEXTERA ENERGY INC	0.92%	Not halal	Not halal	Not halal	Not halal	Not halal
22	LOWLOWE'S COS INC	0.90%	Not halal	Halal	Not halal	Not halal	Halal
23	LRCXLAM RESEARCH CORP	0.88%	Halal	Halal	Halal	Halal	Halal
24	MMM3M CO	0.86%	Halal	Halal	Not halal	Not halal	Halal
25	PMPHILIP MORRIS INTERNA	0.85%	Not halal	Not halal	Not halal	Not halal	Not halal
26	EOGEOG RESOURCES INC	0.84%	Halal	Halal	Halal	Halal	Halal
27	WFCWELLS FARGO & CO	0.82%	Not halal	Not halal	Not halal	Not halal	Not halal
28	TTTRANE TECHNOLOGIES PLC	0.81%	Halal	Halal	Halal	Halal	Halal
29	PEPPEPSICO INC	0.81%	Halal	Halal	Not halal	Not halal	Halal
30	WMTWALMART INC	0.78%	Halal	Halal	Halal	Halal	Halal
31	BACBANK OF AMERICA CORP	0.74%	Not halal	Not halal	Not halal	Not halal	Not halal
32	ECLECOLAB INC	0.73%	Halal	Halal	Not halal	Not halal	Halal
33	CCITIGROUP INC	0.72%	Not halal	Not halal	Not halal	Not halal	Not halal
34	USBUS BANCORP	0.71%	Not halal	Not halal	Not halal	Not halal	Not halal
35	SCHWSCHWAB (CHARLES) CORP	0.70%	Not halal	Not halal	Not halal	Not halal	Not halal
36	UNHUNITEDHEALTH GROUP INC	0.69%	Not halal	Not halal	Not halal	Not halal	Not halal
37	HWMHOWMET AEROSPACE INC	0.68%	Doubtful	Halal	Not halal	Not halal	Halal
38	MCDMCDONALDS CORP	0.68%	Halal	Halal	Not halal	Not halal	Halal
39	0EDE.LNXP SEMICONDUCTORS NV	0.66%	Halal	Halal	Not halal	Not halal	Halal
40	PLTRPALANTIR TECHNOLOGIES INC-A	0.65%	Doubtful	Not rated	Not halal	Not halal	Not rated
41	AONAON PLC-CLASS A	0.65%	Not halal	Not halal	Not halal	Not halal	Not halal
42	APHAMPHENOL CORP-CL A	0.64%	Halal	Halal	Not halal	Not halal	Halal
43	TXNTEXAS INSTRUMENTS INC	0.62%	Halal	Halal	Not halal	Not halal	Halal
44	AJGARTHUR J GALLAGHER & CO	0.60%	Not halal	Not halal	Not halal	Not halal	Not halal
45	BMYBRISTOL-MYERS SQUIBB CO	0.60%	Not halal	Not halal	Not halal	Not halal	Not halal
46	REGNREGENERON PHARMACEUTICALS	0.60%	Halal	Halal	Halal	Halal	Halal
47	COPCONOCOPHILLIPS	0.58%	Halal	Halal	Halal	Halal	Halal
48	MDLZMONDELEZ INTERNATIONAL INC-A	0.58%	Halal	Halal	Halal	Halal	Halal
49	TAT&T INC	0.57%	Not halal	Not halal	Not halal	Not halal	Not halal
50	TMOTHERMO FISHER SCIENTIFIC INC	0.57%	Halal	Halal	Not halal	Not halal	Halal

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

How Akinda screens funds and stocks