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 163 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% | 316.30B | Jul 2007 | UMMA vs VEA | |
| Vanguard FTSE All-World ex-US ETF | 0.04% | 94.90B | Mar 2007 | UMMA vs VEU | |
| SPDR Portfolio World ex-US ETF | 0.04% | 40.07B | Apr 2007 | UMMA vs SPDW | |
| BNY Mellon International Equity ETF | 0.04% | 1.31B | Apr 2020 | UMMA vs BKIE | |
| iShares Core MSCI International Developed Markets ... | 0.05% | 31.64B | Mar 2017 | UMMA vs IDEV |
Best Risk-Adjusted Alternatives to UMMA
UMMA has a PortfoliosLab risk / return rank of 74. There are 67 ETFs in the Foreign Large Cap Equities category with higher risk-adjusted ranks, going as high as 96.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| GMO International Value ETF | 96 | 489.00M | Oct 2024 | UMMA vs GMOI | |
| Global X MSCI SuperDividend® EAFE ETF | 94 | 52.73M | Nov 2016 | UMMA vs EFAS | |
| VictoryShares International Free Cash Flow ETF | 94 | 196.67M | Jun 2025 | UMMA vs IFLO | |
| ALPS International Sector Dividend Dogs ETF | 93 | 549.25M | Jun 2013 | UMMA vs IDOG | |
| Fidelity International High Dividend ETF | 93 | 325.11M | Jan 2018 | UMMA vs FIDI |
Top Performing UMMA Alternatives (YTD)
UMMA is at 22.37% YTD. There are 5 ETFs in the Foreign Large Cap Equities category with higher YTD returns, going as high as 32.73%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Renaissance International IPO ETF | 32.73% | 11.77M | Oct 2014 | UMMA vs IPOS | |
| Pacer Nasdaq International Patent Leaders ETF | 27.96% | 190.45M | Sep 2024 | UMMA vs PATN | |
| Invesco S&P International Developed High Quality E... | 26.27% | 939.30M | Jun 2007 | UMMA vs IDHQ | |
| Harbor International Equity ETF | 23.34% | 7.71M | Jun 2025 | UMMA vs EPIN | |
| VictoryShares International Free Cash Flow ETF | 22.59% | 196.67M | Jun 2025 | UMMA vs IFLO |
Lowest Volatility Alternatives to UMMA
UMMA has 24.40% 1-year volatility. There are 189 ETFs in the Foreign Large Cap Equities category with lower 1-year volatility, going as low as 6.80%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| VictoryShares International Volatility Wtd ETF | 6.80% | 31.30M | Aug 2015 | UMMA vs CIL | |
| AB International Buffer ETF | 9.04% | 122.81M | Dec 2024 | UMMA vs BUFI | |
| First Trust S&P International Dividend Aristocrats... | 10.17% | 167.77M | Aug 2013 | UMMA vs FID | |
| iShares MSCI EAFE Min Vol Factor ETF | 10.67% | 5.44B | Oct 2011 | UMMA vs EFAV | |
| Franklin Sustainable International Equity ETF | 10.71% | 2.98M | Nov 2015 | UMMA vs MCSE |
Lowest Drawdown Alternatives to UMMA
UMMA has a 1-year max drawdown of -14.93%. There are 155 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% | 52.73M | Nov 2016 | UMMA vs EFAS | |
| AB International Buffer ETF | -5.69% | 122.81M | Dec 2024 | UMMA vs BUFI | |
| VictoryShares International Free Cash Flow ETF | -6.44% | 196.67M | Jun 2025 | UMMA vs IFLO | |
| ALPS International Sector Dividend Dogs ETF | -6.47% | 549.25M | Jun 2013 | UMMA vs IDOG |
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 | 79 | 12.86% | 931.20M | Jul 2019 | UMMA vs HLAL |
Often Compared With UMMA
Investors most often compare UMMA with SPWO, SPUS, SPTE. 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