logo
← ETF screener

Tortoise Global Water Fund

TBLU

Tortoise

Tortoise Global Water Fund (TBLU) on the Akinda fund screen (AAOIFI-derived): Not halal. Coverage 84.94%. 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: 84.94%
  • Halal 43.26%
  • Doubtful 4.11%
  • Not halal 37.57%
  • Not rated 15.06%

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
Tortoise
Venue (where it trades)
United States
Domicile (where it is registered)
United States
Reporting currency
USD
Expense ratio
0.40%
AUM
56.57M USD
Holdings
58 (44 screened)
Basket as of (provider)
28 Oct 2026
Basket fetched by Akinda
28 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 halal43.26%37.57%
DJIMNot halal43.26%37.57%
FTSENot halal26.10%54.72%
MSCINot halal26.14%54.51%
S&PNot halal44.50%36.32%

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 58 holdings, largest first · basket as of 28 Oct 2026
No.HoldingWeightAkinda (AAOIFI)DJIMFTSEMSCIS&P
1
VLTOVeralto Corp
8.11%HalalHalalNot halalNot halalHalal
2
ECLEcolab Inc
7.97%HalalHalalNot halalNot halalHalal
3
FERGFerguson Enterprises Inc
7.65%HalalHalalHalalHalalHalal
4
AWKAmerican Water Works Co Inc
7.48%Not halalNot halalNot halalNot halalNot halal
5
VIE.PAVeolia Environnement SA
7.36%Not halalNot halalNot halalNot halalNot halal
6
XYLXylem Inc/NY
6.42%HalalHalalHalalHalalHalal
7
UU.LUNITED UTILITIES GROUP PLC
4.42%Not halalNot halalNot halalNot halalNot halal
8
IEXIDEX Corp
4.11%DoubtfulNot ratedNot ratedNot ratedNot rated
9
SVT.LSevern Trent PLC
4.08%Not halalNot halalNot halalNot halalNot halal
10
GEBN.SWGeberit AG
4.05%Not ratedNot ratedNot ratedNot ratedNot rated
11
WTRGEssential Utilities Inc
4.03%Not halalNot halalNot halalNot halalNot halal
12
SBSCIA SANEAMENTO BASICO SPONSORED ADR
3.64%Not halalNot halalNot halalNot halalNot halal
13
BEAN.SWBelimo Holding AG
3.26%Not ratedNot ratedNot ratedNot ratedNot rated
14
STN.TOStantec Inc
2.86%HalalHalalHalalHalalHalal
15
GF.SWGeorg Fischer AG
1.91%Not halalNot halalNot halalNot halalNot halal
16
6370.TKurita Water Industries Ltd
1.29%Not ratedNot ratedNot ratedNot ratedNot rated
17
PNRPentair PLC
1.24%HalalHalalHalalHalalHalal
18
WTSWatts Water Technologies Inc
1.24%HalalHalalHalalHalalHalal
19
TTEKTetra Tech Inc
1.18%HalalHalalHalalHalalHalal
20
WMSAdvanced Drainage Systems Inc
1.15%HalalHalalNot halalNot halalHalal
21
0270.HKGuangdong Investment Ltd
1.06%Not ratedNot ratedNot ratedNot ratedNot rated
22
5938.TLixil Corp
1.04%Not ratedNot ratedNot ratedNot ratedNot rated
23
CNMCore & Main Inc
0.99%HalalHalalNot halalNot halalHalal
24
ZWSZurn Elkay Water Solutions Corp
0.91%HalalHalalHalalHalalHalal
25
AOSA O Smith Corp
0.85%HalalHalalHalalHalalHalal
26
5947.TRinnai Corp
0.84%Not ratedNot ratedNot ratedNot ratedNot rated
27
PNN.LPennon Group PLC
0.84%Not halalNot halalNot halalNot halalNot halal
28
6005.TMiura Co Ltd
0.77%Not ratedNot ratedNot ratedNot ratedNot rated
29
6368.TOrgano Corp
0.68%Not ratedNot ratedNot ratedNot ratedNot rated
30
FBHSFortune Brands Innovations Inc
0.64%Not halalNot halalNot halalNot halalNot halal
31
PRMBPrimo Brands Corp
0.64%Not halalNot halalNot halalNot halalNot halal
32
BMIBadger Meter Inc
0.55%HalalHalalHalalHalalHalal
33
FELEFranklin Electric Co Inc
0.50%HalalHalalHalalHalalHalal
34
OTTROtter Tail Corp
0.48%Not halalNot halalHalalHalalHalal
35
6498.TKitz Corp
0.44%Not ratedNot ratedNot ratedNot ratedNot rated
36
MWAMueller Water Products Inc
0.44%HalalHalalHalalHalalHalal
37
AWRAmerican States Water Co
0.42%Not halalNot halalNot halalNot halalHalal
38
CWTCalifornia Water Service Group
0.37%Not halalNot halalHalalHalalNot halal
39
HAYWHayward Holdings Inc
0.35%Not halalNot halalHalalHalalHalal
40
0371.HKBeijing Enterprises Water Group Ltd
0.33%Not ratedNot ratedNot ratedNot ratedNot rated
41
GEN.LGenuit Group PLC
0.31%HalalHalalHalalHalalHalal
42
WTTRSelect Water Solutions Inc
0.30%HalalHalalHalalHalalHalal
43
HTOH2O America
0.28%Not halalNot halalNot halalNot halalNot halal
44
6254.TNomura Micro Science Co Ltd
0.23%Not ratedNot ratedNot ratedNot ratedNot rated
45
WBIWaterBridge Infrastructure LLC
0.21%Not halalNot halalNot halalNot halalNot halal
46
GRCGorman-Rupp Co/The
0.20%HalalHalalNot halalNot halalHalal
47
6332.TTsukishima Holdings Co Ltd
0.18%Not ratedNot ratedNot ratedNot ratedNot rated
48
9551.TMETAWATER Co Ltd
0.17%Not halalNot halalNot halalNot ratedNot halal
49
2128.HKChina Lesso Group Holdings Ltd
0.14%Not ratedNot ratedNot ratedNot ratedNot rated
50
MSEXMiddlesex Water Co
0.13%Not halalNot halalHalalHalalNot halal

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

How Akinda screens funds and stocks