Is VictoryShares US Value Momentum ETF halal to invest in?

As of September 2026, VictoryShares US Value Momentum ETF ULVM 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 Value Momentum 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 Value Momentum ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for VictoryShares US Value Momentum ETF updated?

The Shariah compliance status of VictoryShares US Value Momentum 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 Value Momentum 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 Value Momentum ETF?

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

VictoryShares US Value Momentum ETF ULVM

ULVM Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, VictoryShares US Value Momentum ETF is classified as not halal.

NOT HALAL

Is VictoryShares US Value Momentum ETF Halal?

Shariah Compliance Analysis of ULVM ETF

US Equity Large Cap

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

ULVM was created on 2017-10-24 by VictoryShares. The fund's investment portfolio concentrates primarily on large cap equity. The ETF currently has 207.8m in AUM and 125 holdings. ULVM tracks an index of large-cap US stocks that are selected by equal parts value and momentum, and weighted by volatility.

VictoryShares US Value Momentum ETF (ULVM) Chart

Key Statistics of VictoryShares US Value Momentum ETF (ULVM)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Financials
16.66%
Industrials
15.76%
Health Care
15.28%
Information Technology
9.71%
Real Estate
9.19%
Consumer Discretionary
6.26%
Materials
6.11%
Consumer Staples
5.15%
Utilities
4.83%
Communication Services
4.20%
Energy
4.02%
Other
2.83%

FAQ's for VictoryShares US Value Momentum ETF (ULVM)

As of September 2026, VictoryShares US Value Momentum ETF ULVM 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 Value Momentum ETF using these criteria to determine its compliance status.
The Shariah compliance status of VictoryShares US Value Momentum 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 Value Momentum ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.