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Global X - Adaptive U.S. Risk Management ETF

ONOF

Global X

Global X - Adaptive U.S. Risk Management ETF (ONOF) on the Akinda fund screen (AAOIFI-derived): Not halal. Coverage 98.15%. 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: 98.15%
  • Halal 64.85%
  • Doubtful 12.01%
  • Not halal 21.28%
  • Not rated 1.85%

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
Global X
Venue (where it trades)
United States
Domicile (where it is registered)
United States
Reporting currency
USD
Expense ratio
0.39%
AUM
138.93M USD
Holdings
501 (499 screened)
Basket as of (provider)
13 Oct 2026
Basket fetched by Akinda
26 Oct 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 halal64.85%21.28%
DJIMNot halal66.17%22.80%
FTSENot halal51.62%38.94%
MSCINot halal51.76%38.75%
S&PNot halal66.51%22.41%

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 501 holdings, largest first · basket as of 13 Oct 2026
No.HoldingWeightAkinda (AAOIFI)DJIMFTSEMSCIS&P
1
NVDANVIDIA CORP
7.66%HalalHalalHalalHalalHalal
2
AAPLAPPLE INC
7.09%HalalHalalHalalHalalHalal
3
MSFTMICROSOFT CORP
5.76%HalalHalalHalalHalalHalal
4
AMZNAMAZON.COM INC
3.63%HalalHalalHalalHalalHalal
5
GOOGLALPHABET INC-CL A
3.00%DoubtfulNot ratedNot ratedNot ratedNot rated
6
GOOGALPHABET INC-CL C
2.58%DoubtfulNot ratedNot ratedNot ratedNot rated
7
AVGOBROADCOM INC
2.41%HalalHalalNot halalNot halalHalal
8
METAMETA PLATFORMS INC
2.37%HalalHalalHalalHalalHalal
9
BKLCBNY MELLON US LRG CAP COR
1.72%Not ratedNot ratedNot ratedNot ratedNot rated
10
TSLATESLA INC
1.68%HalalHalalHalalHalalHalal
11
MUMICRON TECHNOLOGY INC
1.62%HalalHalalHalalHalalHalal
12
LLYELI LILLY & CO
1.45%HalalHalalNot halalNot halalHalal
13
AMDADVANCED MICRO DEVICES
1.40%HalalHalalHalalHalalHalal
14
JPMJPMORGAN CHASE & CO
1.30%Not halalNot halalNot halalNot halalNot halal
15
BRK-BBERKSHIRE HATHAWAY INC-CL B
1.05%Not halalNot halalNot halalNot halalNot halal
16
XOMEXXONMOBIL HOLDINGS CORP
1.04%HalalHalalHalalHalalHalal
17
VVISA INC-CLASS A SHARES
0.94%HalalNot halalNot halalNot halalNot halal
18
JNJJOHNSON & JOHNSON
0.92%HalalHalalHalalHalalHalal
19
ABBVABBVIE INC
0.72%HalalHalalNot halalNot halalHalal
20
WMTWALMART INC
0.71%HalalHalalHalalHalalHalal
21
MAMASTERCARD INC - A
0.68%DoubtfulNot halalNot halalNot halalNot halal
22
CSCOCISCO SYSTEMS INC
0.66%HalalHalalHalalHalalHalal
23
PLTRPALANTIR TECHNOLOGIES INC-A
0.65%DoubtfulNot ratedNot halalNot halalNot rated
24
INTCINTEL CORP
0.63%DoubtfulNot ratedNot ratedNot ratedNot rated
25
COSTCOSTCO WHOLESALE CORP
0.62%HalalHalalHalalHalalHalal
26
CVXCHEVRON CORP
0.58%HalalHalalHalalHalalHalal
27
AMATAPPLIED MATERIALS INC
0.58%HalalHalalHalalHalalHalal
28
LRCXLAM RESEARCH CORP
0.56%HalalHalalHalalHalalHalal
29
CATCATERPILLAR INC
0.53%HalalHalalNot halalNot halalHalal
30
MRKMERCK & CO. INC.
0.52%HalalHalalNot halalNot halalHalal
31
PGPROCTER & GAMBLE CO/THE
0.51%HalalHalalHalalHalalHalal
32
KOCOCA-COLA CO/THE
0.51%HalalHalalNot halalNot halalHalal
33
UNHUNITEDHEALTH GROUP INC
0.50%Not halalNot halalNot halalNot halalNot halal
34
BACBANK OF AMERICA CORP
0.49%Not halalNot halalNot halalNot halalNot halal
35
PANWPALO ALTO NETWORKS INC
0.48%HalalHalalHalalHalalHalal
36
GEGE AEROSPACE
0.47%DoubtfulHalalNot halalNot halalHalal
37
PMPHILIP MORRIS INTERNATIONAL
0.46%Not halalNot halalNot halalNot halalNot halal
38
NFLXNETFLIX INC
0.43%Not halalNot halalNot halalNot halalNot halal
39
HDHOME DEPOT INC
0.42%HalalHalalNot halalNot halalHalal
40
GEVGE VERNOVA INC
0.39%HalalHalalHalalHalalHalal
41
CRWDCROWDSTRIKE HOLDINGS INC - A
0.38%HalalHalalNot halalNot halalHalal
42
GSGOLDMAN SACHS GROUP INC
0.38%Not halalNot halalNot halalNot halalNot halal
43
TXNTEXAS INSTRUMENTS INC
0.37%HalalHalalNot halalNot halalHalal
44
WFCWELLS FARGO & CO
0.37%Not halalNot halalNot halalNot halalNot halal
45
KLACKLA CORP
0.36%HalalHalalHalalHalalHalal
46
RTXRTX CORPORATION
0.36%DoubtfulHalalNot halalNot halalHalal
47
TMOTHERMO FISHER SCIENTIFIC INC
0.35%HalalHalalNot halalNot halalHalal
48
MRVLMARVELL TECHNOLOGY INC
0.34%Not halalNot halalNot halalNot halalNot halal
49
ORCLORACLE CORP
0.33%HalalHalalNot halalNot halalHalal
50
MSMORGAN STANLEY
0.33%Not halalNot halalNot halalNot halalNot halal
...

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

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