Invesco S&P 500 Concentrated QVM ETF

QVMT

Invesco

Invesco S&P 500 Concentrated QVM ETF (QVMT) on the Akinda fund screen (AAOIFI-derived): Not halal. Coverage 99.89%. 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: 99.89%

Halal 58.31%
Doubtful 4.36%
Not halal 37.22%
Not rated 0.11%

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: Invesco
Venue (where it trades): United States
Domicile (where it is registered): United States
Reporting currency: USD
Expense ratio: 0.13%
AUM: 121.91M USD
Holdings: 100 (99 screened)
Basket as of (provider): 27 Oct 2026
Basket fetched by Akinda: 27 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

Rulebook	Verdict	Halal	Not halal
Akinda fund screen (AAOIFI)	Not halal	58.31%	37.22%
DJIM	Not halal	63.27%	34.30%
FTSE	Not halal	61.47%	38.03%
MSCI	Not halal	62.82%	36.67%
S&P	Not halal	65.58%	32.00%

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 100 holdings, largest first · basket as of 27 Oct 2026

No.	Holding	Weight	Akinda (AAOIFI)	DJIM	FTSE	MSCI	S&P
No.	Holding	Weight	Akinda (AAOIFI)	DJIM	FTSE	MSCI	S&P
1	XOMExxonMobil Holdings Corp	6.22%	Halal	Halal	Halal	Halal	Halal
2	AAPLApple Inc	5.99%	Halal	Halal	Halal	Halal	Halal
3	CSCOCisco Systems Inc	4.71%	Halal	Halal	Halal	Halal	Halal
4	GEVGE Vernova Inc	4.48%	Halal	Halal	Halal	Halal	Halal
5	CATCaterpillar Inc	4.10%	Halal	Halal	Not halal	Not halal	Halal
6	SNDKSandisk Corp	3.81%	Not halal	Halal	Halal	Halal	Halal
7	LRCXLam Research Corp	3.75%	Halal	Halal	Halal	Halal	Halal
8	WDCWestern Digital Corp	2.76%	Halal	Halal	Halal	Halal	Halal
9	COPConocoPhillips	2.65%	Halal	Halal	Halal	Halal	Halal
10	NEMNewmont Corp	2.63%	Halal	Halal	Halal	Halal	Halal
11	KLACKLA Corp	2.56%	Halal	Halal	Halal	Halal	Halal
12	VLOValero Energy Corp	2.41%	Halal	Halal	Halal	Halal	Halal
13	MPCMarathon Petroleum Corp	1.96%	Not halal	Not halal	Not halal	Not halal	Not halal
14	TAT&T Inc	1.94%	Not halal	Not halal	Not halal	Not halal	Not halal
15	PSXPhillips 66	1.86%	Not halal	Not halal	Halal	Halal	Not halal
16	CBChubb Ltd	1.77%	Not halal	Not halal	Not halal	Not halal	Not halal
17	CVSCVS Health Corp	1.70%	Not halal	Not halal	Not halal	Not halal	Not halal
18	PGRProgressive Corp/The	1.53%	Not halal	Not halal	Not halal	Not halal	Not halal
19	TRVTravelers Cos Inc/The	1.42%	Not halal	Not halal	Not halal	Not halal	Not halal
20	JCIJohnson Controls International plc	1.36%	Halal	Halal	Halal	Halal	Halal
21	FDXFedEx Corp	1.27%	Not halal	Not halal	Halal	Halal	Not halal
22	ANTMElevance Health Inc	1.21%	Not halal	Not halal	Not halal	Not halal	Not halal
23	ALLAllstate Corp/The	1.21%	Not halal	Not halal	Not halal	Not halal	Not halal
24	USBUS Bancorp	1.18%	Not halal	Not halal	Not halal	Not halal	Not halal
25	APPAppLovin Corp	1.17%	Doubtful	Not rated	Not halal	Not halal	Not rated
26	GMGeneral Motors Co	1.17%	Not halal	Not halal	Not halal	Not halal	Not halal
27	GDGeneral Dynamics Corp	1.17%	Doubtful	Halal	Not halal	Not halal	Halal
28	CMCSAComcast Corp	1.12%	Not halal	Not halal	Not halal	Not halal	Not halal
29	CICigna Group/The	1.10%	Not halal	Not halal	Not halal	Not halal	Not halal
30	CMICummins Inc	1.03%	Halal	Halal	Halal	Halal	Halal
31	ROSTRoss Stores Inc	1.01%	Halal	Halal	Halal	Halal	Halal
32	TGTTarget Corp	1.01%	Halal	Not halal	Halal	Halal	Halal
33	DVNDevon Energy Corp	0.97%	Not halal	Not halal	Halal	Halal	Halal
34	DALDelta Air Lines Inc	0.87%	Not halal	Not halal	Halal	Halal	Not halal
35	NUENucor Corp	0.82%	Halal	Halal	Halal	Halal	Halal
36	TFCTruist Financial Corp	0.80%	Not halal	Not halal	Not halal	Not halal	Not halal
37	BKRBaker Hughes Co	0.80%	Halal	Halal	Halal	Halal	Halal
38	EBAYeBay Inc	0.74%	Doubtful	Not rated	Not halal	Not halal	Not rated
39	AMPAmeriprise Financial Inc	0.70%	Not halal	Not halal	Not halal	Not halal	Not halal
40	LHXL3Harris Technologies Inc	0.70%	Doubtful	Halal	Not halal	Not halal	Halal
41	ADMArcher-Daniels-Midland Co	0.69%	Halal	Halal	Halal	Halal	Halal
42	FIXComfort Systems USA Inc	0.68%	Halal	Halal	Not halal	Halal	Halal
43	NTAPNetApp Inc	0.64%	Halal	Halal	Not halal	Not halal	Halal
44	HIGHartford Insurance Group Inc/The	0.62%	Not halal	Not halal	Not halal	Not halal	Not halal
45	ACGLArch Capital Group Ltd	0.58%	Not halal	Not halal	Not halal	Not halal	Not halal
46	DHIDR Horton Inc	0.55%	Halal	Halal	Halal	Halal	Halal
47	HUMHumana Inc	0.53%	Not halal	Not halal	Not halal	Not halal	Not halal
48	BIIBBiogen Inc	0.51%	Halal	Halal	Halal	Halal	Halal
49	EQTEQT Corp	0.49%	Halal	Halal	Halal	Halal	Halal
50	UALUnited Airlines Holdings Inc	0.48%	Not halal	Not halal	Halal	Halal	Not halal

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

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