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Upturn AI Summary
Manzil Russell Halal USA Broad Market ETF(MNZL)
Advisory History & Simulated Performance *
*as per simulation (see disclosures)- ALL
- 1Y
- 1M
- 1W
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- PASS (Skip)
Stock price based on last close Advisory Performance History (Simulated)
Upturn Advisory & Investor View for MNZL
10/28/2026: MNZL (2-star) has a low Upturn Star Rating. Not recommended to BUY.
MNZL provides exposure to a broad basket of US equities that are screened to meet Sharia-compliant investment standards. By excluding companies involved in debt-heavy or prohibited industries, it offers a distinct, high-quality equity portfolio. Its primary use case is for faith-conscious investors who want to participate in US growth without compromising their ethical values. Key risks include higher expense ratios compared to standard index funds, lower liquidity, and the potential performance drag of missing the financial sector during certain market environments. It is best suited for long-term investors who prioritize value-alignment alongside wealth creation.
How to Read the Upturn Advisory
The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.
ETF holdings, costs, diversification, valuation, risks, and market conditions provide supporting context about the fund.
Investor Fit
| Investor style | Fit | Why |
|---|---|---|
| Growth investor | Strong fit | The portfolio focus on non-financial sectors often results in higher exposure to technology and growth-oriented equities. |
| Momentum investor | Mixed fit | Momentum opportunities depend on whether the filtered equity universe aligns with current market leaders. |
| Value investor | Mixed fit | While balance sheet screening is inherent, the fund does not specifically target value factor characteristics. |
| Dividend/Income investor | Weak fit | The exclusion of financial stocks and specific debt-screened entities may limit the pool of high-yield dividend payers. |
| Low-risk investor | Mixed fit | While it excludes highly leveraged companies, equity market volatility remains a significant factor for any broad-market fund. |
Investor Profile
Ideal Investor Profile
Investors seeking US equity market exposure while requiring strict adherence to Islamic financial guidelines.
Suitability
Primarily suited for long-term investors looking to build a core portfolio with faith-compliant holdings.
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Volatility | Medium / high | Equity exposure inherently carries significant price fluctuations. |
| Market risk | High | The fund is sensitive to general movements and sentiment in the US equity markets. |
| Concentration | Medium | Excluding specific sectors like financials increases concentration in the remaining sectors. |
| Tracking/expense | Medium | Management fees and screening costs can impact net returns compared to lower-cost broad market ETFs. |
| Liquidity | Medium / high | Lower trading volumes may result in higher execution costs for retail investors. |
| Business/sector quality | Medium | Strict compliance criteria restrict the investable universe to specific types of balance sheets. |
Risk Analysis
Volatility
Historically experiences volatility consistent with the broader US equity market, exacerbated by sector concentration.
Market Risk
Subject to systemic equity risks, interest rate sensitivities (via macro impact), and economic cycles.
What the ETF Owns
| Exposure Type | Exposure | Weight (%) | Retail Investor Read |
|---|---|---|---|
| Market capitalization | US Large-Cap Equities | 85 | Provides core exposure to the largest and most established companies in the US economy. |
| Market capitalization | US Mid-Cap Equities | 12 | Offers additional growth potential through medium-sized US companies. |
| Cash/collateral | Cash and Cash Equivalents | 3 | Represents liquid assets held for operational efficiency and trade settlement. |
Price Behavior
Strong Uptrend
The stock has maintained a strong upward price trend across the last three quarters.
Very Smooth
The stock has followed a highly orderly price path with minimal short-term disruption.
Analysis of Past Performance
Type ETF | Historic Profit 13.14% | Avg. Invested days 88 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Advisory Rating  | Upturn Advisory Performance  3.0 | ETF Returns Performance  3.0 |
| Profits based on simulation | Last Close 10/28/2026 |
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