Is VictoryShares US Small Cap Volatility Wtd ETF halal to invest in?

As of September 2026, VictoryShares US Small Cap Volatility Wtd ETF CSA is classified as not halal according to Musaffa’s Shariah screening methodology. This classification is based on an assessment of the company’s business activities and financial ratios against Islamic investment guidelines.

Is VictoryShares US Small Cap Volatility Wtd ETF a Shariah-compliant ETF?

An ETF is considered Shariah-compliant if its underlying assets consist primarily of companies that operate in permissible business activities and meet Islamic financial screening thresholds. Musaffa analyzes VictoryShares US Small Cap Volatility Wtd ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for VictoryShares US Small Cap Volatility Wtd ETF updated?

The Shariah compliance status of VictoryShares US Small Cap Volatility Wtd ETF may be updated periodically when new portfolio disclosures, financial statements of underlying companies, or other relevant information becomes available.

Can a halal ETF like VictoryShares US Small Cap Volatility Wtd ETF become non-compliant?

Yes. An ETF that is currently Shariah-compliant may become non-compliant if its underlying holdings change or if the financial ratios of the companies within the fund exceed Shariah thresholds.

Where can I check the Shariah status of VictoryShares US Small Cap Volatility Wtd ETF?

You can check the latest Shariah compliance status of VictoryShares US Small Cap Volatility Wtd ETF on Musaffa's ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.

VictoryShares US Small Cap Volatility Wtd ETF CSA

CSA Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, VictoryShares US Small Cap Volatility Wtd ETF is classified as not halal.

NOT HALAL

Is VictoryShares US Small Cap Volatility Wtd ETF Halal?

Shariah Compliance Analysis of CSA ETF

US Equity Small Cap

No. As of September 2026, VictoryShares US Small Cap Volatility Wtd ETF (CSA) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. VictoryShares US Small Cap Volatility Wtd ETF does not pass Musaffa's business and financial screening criteria.

CSA was created on 2015-07-08 by VictoryShares. The fund's investment portfolio concentrates primarily on small cap equity. The ETF currently has 18.41m in AUM and 501 holdings. CSA tracks an inverse-volatility-weighted index of 500 largest US companies in the small-cap space meeting certain market capitalization limit.

VictoryShares US Small Cap Volatility Wtd ETF (CSA) Chart

Key Statistics of VictoryShares US Small Cap Volatility Wtd ETF (CSA)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Financials
23.44%
Industrials
21.69%
Consumer Discretionary
15.30%
Information Technology
8.29%
Health Care
6.24%
Energy
6.07%
Materials
5.16%
Utilities
5.05%
Consumer Staples
4.74%
Communication Services
2.59%
Other
0.92%
Real Estate
0.51%

FAQ's for VictoryShares US Small Cap Volatility Wtd ETF (CSA)

As of September 2026, VictoryShares US Small Cap Volatility Wtd ETF CSA is classified as not halal according to Musaffa’s Shariah screening methodology. This classification is based on an assessment of the company’s business activities and financial ratios against Islamic investment guidelines.
An ETF is considered Shariah-compliant if its underlying assets consist primarily of companies that operate in permissible business activities and meet Islamic financial screening thresholds. Musaffa analyzes VictoryShares US Small Cap Volatility Wtd ETF using these criteria to determine its compliance status.
The Shariah compliance status of VictoryShares US Small Cap Volatility Wtd ETF may be updated periodically when new portfolio disclosures, financial statements of underlying companies, or other relevant information becomes available.
Yes. An ETF that is currently Shariah-compliant may become non-compliant if its underlying holdings change or if the financial ratios of the companies within the fund exceed Shariah thresholds.
You can check the latest Shariah compliance status of VictoryShares US Small Cap Volatility Wtd ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.