Wahed Dow Jones Islamic World ETF (UMMA)
The Wahed Dow Jones Islamic World ETF (UMMA) invests in international (non-US) stocks that meet Shariah finance principles, as determined by experts in the field, and follow responsible environmental, social, and governance practices. The fund evaluates companies based on environmental impact, stakeholder relationships, and corporate governance. This ETF provides exposure to both developed and emerging markets.
ETF Info
US53656F2680
Jan 6, 2022
1x
Dow Jones Islamic Market International Titans 100 Index
Large-Cap
Growth
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Wahed Dow Jones Islamic World ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Wahed Dow Jones Islamic World ETF had a return of 6.34% year-to-date (YTD) and 12.22% in the last 12 months.
UMMA
6.34%
-4.19%
-1.66%
12.22%
N/A
N/A
^GSPC (Benchmark)
24.72%
1.67%
12.93%
30.55%
13.88%
11.16%
Monthly Returns
The table below presents the monthly returns of UMMA, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -0.83% | 3.36% | 3.13% | -2.83% | 4.46% | 1.66% | 0.32% | 3.10% | 0.18% | -4.27% | 6.34% | ||
| 2023 | 11.29% | -6.77% | 6.92% | -0.33% | -0.70% | 4.33% | 2.68% | -5.58% | -5.67% | -3.43% | 11.93% | 4.93% | 18.84% |
| 2022 | -4.95% | -5.47% | -0.46% | -7.83% | 0.36% | -7.53% | 5.16% | -5.51% | -10.96% | 2.27% | 16.81% | -3.07% | -21.62% |
Expense Ratio
UMMA features an expense ratio of 0.65%, falling within the medium range.
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of UMMA is 27, suggesting that the investment has average results relative to other ETFs in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Wahed Dow Jones Islamic World ETF (UMMA) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Wahed Dow Jones Islamic World ETF provided a 1.09% dividend yield over the last twelve months, with an annual payout of $0.26 per share.
| Period | TTM | 2023 | 2022 |
|---|---|---|---|
| Dividend | $0.26 | $0.25 | $0.34 |
Dividend yield | 1.09% | 1.09% | 1.77% |
Monthly Dividends
The table displays the monthly dividend distributions for Wahed Dow Jones Islamic World ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.15 | $0.00 | $0.00 | $0.21 | |
| 2023 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.05 | $0.25 |
| 2022 | $0.13 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.21 | $0.00 | $0.00 | $0.01 | $0.34 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the Wahed Dow Jones Islamic World ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Wahed Dow Jones Islamic World ETF was 34.17%, occurring on Oct 14, 2022. Recovery took 397 trading sessions.
The current Wahed Dow Jones Islamic World ETF drawdown is 7.83%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -34.17% | Jan 13, 2022 | 190 | Oct 14, 2022 | 397 | May 15, 2024 | 587 |
| -10.15% | Jul 17, 2024 | 14 | Aug 5, 2024 | 37 | Sep 26, 2024 | 51 |
| -8.63% | Sep 27, 2024 | 39 | Nov 20, 2024 | — | — | — |
| -2.52% | Jan 10, 2022 | 1 | Jan 10, 2022 | 2 | Jan 12, 2022 | 3 |
| -2.24% | May 21, 2024 | 7 | May 30, 2024 | 4 | Jun 5, 2024 | 11 |
Volatility
Volatility Chart
The current Wahed Dow Jones Islamic World ETF volatility is 3.87%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.