Wahed Dow Jones Islamic World ETF (UMMA) belongs to the Foreign Large Cap Equities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with UMMA. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to UMMA
UMMA charges 0.65% annually. There are 150 ETFs in the Foreign Large Cap Equities category with lower expense ratios, going as low as 0.03%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Vanguard FTSE Developed Markets ETF | 0.03% | 317.30B | Jul 2007 | UMMA vs VEA | |
| SPDR Portfolio World ex-US ETF | 0.04% | 41.37B | Apr 2007 | UMMA vs SPDW | |
| Vanguard FTSE All-World ex-US ETF | 0.04% | 94.40B | Mar 2007 | UMMA vs VEU | |
| BNY Mellon International Equity ETF | 0.04% | 1.25B | Apr 2020 | UMMA vs BKIE | |
| iShares Core MSCI International Developed Markets ... | 0.05% | 30.71B | Mar 2017 | UMMA vs IDEV |
Best Risk-Adjusted Alternatives to UMMA
UMMA has a PortfoliosLab risk / return rank of 82. There are 14 ETFs in the Foreign Large Cap Equities category with higher risk-adjusted ranks, going as high as 91.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| KraneShares MSCI Emerging Markets ex China Index E... | 91 | 137.31M | Apr 2019 | UMMA vs KEMX | |
| Pacer Nasdaq International Patent Leaders ETF | 91 | 145.53M | Sep 2024 | UMMA vs PATN | |
| Vident International Equity Fund | 89 | 393.41M | Oct 2013 | UMMA vs VIDI | |
| Xtrackers MSCI All World ex US Hedged Equity ETF | 88 | 271.57M | Jan 2014 | UMMA vs DBAW | |
| iShares Currency Hedged MSCI ACWI ex U.S. ETF | 88 | 355.60M | Jun 2015 | UMMA vs HAWX |
Top Performing UMMA Alternatives (YTD)
UMMA is at 36.44% YTD. There are 4 ETFs in the Foreign Large Cap Equities category with higher YTD returns, going as high as 55.22%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Renaissance International IPO ETF | 55.22% | 11.77M | Oct 2014 | UMMA vs IPOS | |
| KraneShares MSCI Emerging Markets ex China Index E... | 46.93% | 137.31M | Apr 2019 | UMMA vs KEMX | |
| First Trust International Equity Opportunities ETF | 46.30% | 241.42M | Nov 2014 | UMMA vs FPXI | |
| Pacer Nasdaq International Patent Leaders ETF | 42.01% | 145.53M | Sep 2024 | UMMA vs PATN | |
| SP Funds S&P World (ex-US) ETF | 29.04% | 189.39M | Dec 2023 | UMMA vs SPWO |
Lowest Volatility Alternatives to UMMA
UMMA has 22.16% 1-year volatility. There are 171 ETFs in the Foreign Large Cap Equities category with lower 1-year volatility, going as low as 7.68%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| VictoryShares International Volatility Wtd ETF | 7.68% | 31.30M | Aug 2015 | UMMA vs CIL | |
| AB International Buffer ETF | 8.58% | 122.81M | Dec 2024 | UMMA vs BUFI | |
| First Trust S&P International Dividend Aristocrats... | 10.31% | 160.79M | Aug 2013 | UMMA vs FID | |
| iShares MSCI EAFE Min Vol Factor ETF | 10.59% | 5.07B | Oct 2011 | UMMA vs EFAV | |
| Hartford Multifactor Developed Markets (ex-US) ETF | 10.94% | 1.57B | Feb 2015 | UMMA vs RODM |
Lowest Drawdown Alternatives to UMMA
UMMA has a 1-year max drawdown of -14.93%. There are 154 ETFs in the Foreign Large Cap Equities category with shallower 1-year drawdowns, going as shallow as -4.60%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| VictoryShares International Volatility Wtd ETF | -4.60% | 31.30M | Aug 2015 | UMMA vs CIL | |
| Global X MSCI SuperDividend® EAFE ETF | -5.30% | 48.48M | Nov 2016 | UMMA vs EFAS | |
| AB International Buffer ETF | -5.69% | 122.81M | Dec 2024 | UMMA vs BUFI | |
| ALPS International Sector Dividend Dogs ETF | -6.47% | 518.88M | Jun 2013 | UMMA vs IDOG | |
| iShares MSCI EAFE Min Vol Factor ETF | -6.49% | 5.07B | Oct 2011 | UMMA vs EFAV |
Other ETFs from Wahed
The 1 most viewed Wahed ETFs shown here include HLAL and span 1 categories. AUM among these funds goes as high as $931M.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Wahed FTSE USA Shariah ETF | Large Cap Growth Equities | 84 | 15.80% | 931.20M | Jul 2019 | UMMA vs HLAL |
Often Compared With UMMA
Investors most often compare UMMA with SPUS, SPTE, SPSK. These 20 comparison targets span 12 categories, based on PortfoliosLab usage data.
Compare UMMA with Any Fund or Stock
Compare UMMA with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair UMMA with funds that move differently
Wahed Dow Jones Islamic World ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to UMMA.
Explore UMMA Diversifiers