AMAL vs. UMMA
Compare and contrast key facts about Amalgamated Financial Corp. (AMAL) and Wahed Dow Jones Islamic World ETF (UMMA).
UMMA is a passively managed fund by Wahed that tracks the performance of the Dow Jones Islamic Market International Titans 100 Index. It was launched on Jan 6, 2022.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AMAL or UMMA.
Performance
AMAL vs. UMMA - Performance Comparison
Returns By Period
In the year-to-date period, AMAL achieves a 32.66% return, which is significantly higher than UMMA's 6.29% return.
AMAL
32.66%
0.54%
38.46%
68.90%
15.50%
N/A
UMMA
6.29%
-5.66%
-2.10%
11.69%
N/A
N/A
Key characteristics
| AMAL | UMMA | |
|---|---|---|
| Sharpe Ratio | 2.05 | 0.79 |
| Sortino Ratio | 2.88 | 1.21 |
| Omega Ratio | 1.35 | 1.15 |
| Calmar Ratio | 3.18 | 0.95 |
| Martin Ratio | 7.79 | 4.13 |
| Ulcer Index | 8.97% | 3.17% |
| Daily Std Dev | 34.03% | 16.60% |
| Max Drawdown | -62.93% | -34.17% |
| Current Drawdown | -7.82% | -7.87% |
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Correlation
The correlation between AMAL and UMMA is 0.24, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Risk-Adjusted Performance
AMAL vs. UMMA - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Amalgamated Financial Corp. (AMAL) and Wahed Dow Jones Islamic World ETF (UMMA). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
AMAL vs. UMMA - Dividend Comparison
AMAL's dividend yield for the trailing twelve months is around 1.31%, more than UMMA's 1.10% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|
AMAL Amalgamated Financial Corp. | 1.31% | 1.48% | 1.56% | 1.91% | 2.33% | 1.34% | 0.31% |
UMMA Wahed Dow Jones Islamic World ETF | 1.10% | 1.09% | 1.77% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
AMAL vs. UMMA - Drawdown Comparison
The maximum AMAL drawdown since its inception was -62.93%, which is greater than UMMA's maximum drawdown of -34.17%. Use the drawdown chart below to compare losses from any high point for AMAL and UMMA. For additional features, visit the drawdowns tool.
Volatility
AMAL vs. UMMA - Volatility Comparison
Amalgamated Financial Corp. (AMAL) has a higher volatility of 16.89% compared to Wahed Dow Jones Islamic World ETF (UMMA) at 3.70%. This indicates that AMAL's price experiences larger fluctuations and is considered to be riskier than UMMA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.