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Evolve NASDAQ Technology Enhanced Yield Index Fund

QQQY.TO

Evolve

Evolve NASDAQ Technology Enhanced Yield Index Fund (QQQY.TO) on the Akinda fund screen (AAOIFI-derived): Doubtful. Coverage 100.00%. Below: the fund under all five rulebooks, its facts and every holding with its own verdict.

Akinda fund screen

Akinda fund screen (AAOIFI-derived)DoubtfulCoverage: 100.00%
  • Halal 81.15%
  • Doubtful 16.21%
  • Not halal 3.39%
  • Not rated 0.00%

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
Evolve
Venue (where it trades)
Canada
Domicile (where it is registered)
Canada
Reporting currency
CAD
Expense ratio
0.50%
AUM
128.30M CAD
Holdings
47 (47 screened)
Basket as of (provider)
23 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)Doubtful81.15%3.39%
DJIMHalal82.18%2.37%
FTSENot halal66.22%21.47%
MSCINot halal66.22%21.47%
S&PHalal82.18%2.37%

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

1–47 of 47 holdings, largest first · basket as of 23 Oct 2026
No.HoldingWeightAkinda (AAOIFI)DJIMFTSEMSCIS&P
1
NVDANVIDIA Corp
9.94%HalalHalalHalalHalalHalal
2
AVGOBroadcom Inc
8.83%HalalHalalNot halalNot halalHalal
3
METAMeta Platforms Inc
8.63%HalalHalalHalalHalalHalal
4
MUMicron Technology Inc
5.54%HalalHalalHalalHalalHalal
5
GOOGLAlphabet Inc
5.06%DoubtfulNot ratedNot ratedNot ratedNot rated
6
AMDAdvanced Micro Devices Inc
4.90%HalalHalalHalalHalalHalal
7
GOOGAlphabet Inc
4.73%DoubtfulNot ratedNot ratedNot ratedNot rated
8
INTCIntel Corp
2.68%DoubtfulNot ratedNot ratedNot ratedNot rated
9
PLTRPalantir Technologies Inc
2.66%DoubtfulNot ratedNot halalNot halalNot rated
10
PANWPalo Alto Networks Inc
1.78%HalalHalalHalalHalalHalal
11
AMATApplied Materials Inc
1.68%HalalHalalHalalHalalHalal
12
LRCXLam Research Corp
1.61%HalalHalalHalalHalalHalal
13
CRWDCrowdstrike Holdings Inc
1.48%HalalHalalNot halalNot halalHalal
14
TXNTexas Instruments Inc
1.48%HalalHalalNot halalNot halalHalal
15
SHOPShopify Inc
1.21%HalalHalalNot halalNot halalHalal
16
MRVLMarvell Technology Inc
1.17%Not halalNot halalNot halalNot halalNot halal
17
AAPLApple Inc
11.41%HalalHalalHalalHalalHalal
18
QCOMQUALCOMM Inc
1.14%HalalHalalHalalHalalHalal
19
KLACKLA Corp
1.11%HalalHalalHalalHalalHalal
20
ADIAnalog Devices Inc
1.09%HalalHalalHalalHalalHalal
21
MSFTMicrosoft Corp
10.70%HalalHalalHalalHalalHalal
22
SNDKSandisk Corp
1.02%Not halalHalalHalalHalalHalal
23
ASMLASML Holding NV
0.88%HalalHalalHalalHalalHalal
24
STXSeagate Technology Holdings PLC
0.80%HalalHalalNot halalNot halalHalal
25
FTNTFortinet Inc
0.77%HalalHalalNot halalNot halalHalal
26
WDCWestern Digital Corp
0.73%HalalHalalHalalHalalHalal
27
ADBEAdobe Inc
0.65%HalalHalalHalalHalalHalal
28
INTUIntuit Inc
0.59%DoubtfulNot ratedNot ratedNot ratedNot rated
29
ARMARM Holdings PLC
0.53%HalalHalalNot halalNot halalHalal
30
DDOGDatadog Inc
0.52%Not halalNot halalNot halalNot halalNot halal
31
CDNSCadence Design Systems Inc
0.50%HalalHalalHalalHalalHalal
32
APPAppLovin Corp
0.49%DoubtfulNot ratedNot halalNot halalNot rated
33
SNPSSynopsys Inc
0.48%HalalHalalHalalHalalHalal
34
DASHDoorDash Inc
0.45%HalalHalalHalalHalalHalal
35
NXPINXP Semiconductors NV
0.36%HalalHalalNot halalNot halalHalal
36
MPWRMonolithic Power Systems Inc
0.33%HalalHalalHalalHalalHalal
37
ADSKAutodesk Inc
0.31%HalalHalalHalalHalalHalal
38
PDDPDD Holdings Inc
0.31%Not halalNot halalNot halalNot halalNot halal
39
TRIThomson Reuters Corp
0.29%HalalHalalHalalHalalHalal
40
TERTeradyne Inc
0.28%HalalHalalHalalHalalHalal
41
MSTRStrategy Inc
0.27%HalalHalalHalalHalalHalal
42
ALABAstera Labs Inc
0.26%HalalHalalNot halalNot halalHalal
43
ROPRoper Technologies Inc
0.26%HalalHalalHalalHalalHalal
44
WDAYWorkday Inc
0.25%HalalHalalHalalHalalHalal
45
MCHPMicrochip Technology Inc
0.23%HalalHalalNot halalNot halalHalal
46
NBISNebius Group NV
0.22%Not halalNot halalNot halalNot halalNot halal
47
CRWVCoreWeave Inc
0.15%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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