APG vs. UMMA

Last updated Jun 4, 2026

APG (APi Group Corporation) is a stock, while UMMA (Wahed Dow Jones Islamic World ETF) is Foreign Large Cap Equities fund tracking the Dow Jones Islamic Market International Titans 100 Index. Over the past 3 years, APG returned 39.30%/yr vs 22.73%/yr for UMMA. A 0.56 correlation means they provide meaningful diversification when combined.

Performance

APG vs. UMMA - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in APi Group Corporation (APG) and Wahed Dow Jones Islamic World ETF (UMMA). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, APG achieves a 10.45% return, which is significantly lower than UMMA's 32.49% return.

APG

• 1D: 1.17%
• 1M: -5.40%
• YTD: 10.45%
• 6M: 9.09%
• 1Y: 33.26%
• 3Y*: 39.30%
• 5Y*: 24.15%
• 10Y*: —

UMMA

• 1D: -0.77%
• 1M: 14.49%
• YTD: 32.49%
• 6M: 35.58%
• 1Y: 53.55%
• 3Y*: 22.73%
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

APG vs. UMMA - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
APG APi Group Corporation	10.45%	59.55%	3.96%	83.94%	-26.29%
UMMA Wahed Dow Jones Islamic World ETF	32.49%	26.65%	4.67%	18.84%	-21.62%

Correlation

The correlation between APG and UMMA is 0.47, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.47
Correlation (3Y) Calculated over the trailing 3-year period	0.51
Correlation (All Time) Calculated using the full available price history since Jan 10, 2022	0.56

The correlation between APG and UMMA has been stable across timeframes, ranging from 0.47 to 0.56 - a consistent structural relationship.

Return for Risk

APG vs. UMMA — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

APG

APG Risk / Return Rank: 73
APG Sharpe Ratio Rank: 75
APG Sortino Ratio Rank: 71
APG Omega Ratio Rank: 68
APG Calmar Ratio Rank: 73
APG Martin Ratio Rank: 78

UMMA

UMMA Risk / Return Rank: 75
UMMA Sharpe Ratio Rank: 81
UMMA Sortino Ratio Rank: 77
UMMA Omega Ratio Rank: 75
UMMA Calmar Ratio Rank: 71
UMMA Martin Ratio Rank: 73

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

APG vs. UMMA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for APi Group Corporation (APG) 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.

	APG	UMMA	Difference
Sharpe ratio: Return per unit of total volatility	1.20	2.68	-1.48
Sortino ratio: Return per unit of downside risk	1.82	3.53	-1.72
Omega ratio: Gain probability vs. loss probability	1.22	1.46	-0.24
Calmar ratio: Return relative to maximum drawdown	1.87	3.60	-1.73
Martin ratio: Return relative to average drawdown	6.04	14.07	-8.03
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

APG vs. UMMA - Sharpe Ratio Comparison

The current APG Sharpe Ratio is 1.20, which is lower than the UMMA Sharpe Ratio of 2.68. The chart below compares the historical Sharpe Ratios of APG and UMMA, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	APG	UMMA	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.20	2.68	-1.48
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.74	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.05	0.58	+0.47

Drawdowns

APG vs. UMMA - Drawdown Comparison

The maximum APG drawdown since its inception was -49.62%, which is greater than UMMA's maximum drawdown of -34.17%. Use the drawdown chart below to compare losses from any high point for APG and UMMA.

Drawdown Indicators

	APG	UMMA	Difference
Max Drawdown Largest peak-to-trough decline	-49.62%	-34.17%	-15.45%
Max Drawdown (1Y) Largest decline over 1 year	-17.83%	-14.93%	-2.90%
Max Drawdown (3Y) Largest decline over 3 years	-21.23%	-18.73%	-2.50%
Max Drawdown (5Y) Largest decline over 5 years	-49.62%	—	—
Current Drawdown Current decline from peak	-14.45%	-0.77%	-13.68%
Average Drawdown Average peak-to-trough decline	-10.32%	-9.82%	-0.50%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.52%	3.82%	+1.70%

Volatility

APG vs. UMMA - Volatility Comparison

APi Group Corporation (APG) has a higher volatility of 8.64% compared to Wahed Dow Jones Islamic World ETF (UMMA) at 7.64%. This indicates that APG'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.

Volatility by Period

	APG	UMMA	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.64%	7.64%	+1.00%
Volatility (6M) Calculated over the trailing 6-month period	22.03%	17.26%	+4.77%
Volatility (1Y) Calculated over the trailing 1-year period	27.90%	20.10%	+7.80%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	32.60%	20.55%	+12.05%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	33.10%	20.55%	+12.55%

Dividends

APG vs. UMMA - Dividend Comparison

APG has not paid dividends to shareholders, while UMMA's dividend yield for the trailing twelve months is around 0.93%.

Position	TTM	2025	2024	2023	2022
APG APi Group Corporation	0.00%	0.00%	0.00%	0.00%	0.00%
UMMA Wahed Dow Jones Islamic World ETF	0.93%	1.02%	0.91%	1.09%	1.77%

Frequently Asked Questions

Can I hold both APG and UMMA in my portfolio?

APG and UMMA have a correlation of 0.47, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, APG or UMMA?

APG has higher volatility (8.64%) compared to UMMA (7.64%). In terms of maximum drawdown, APG dropped -49.62% vs UMMA's -34.17%.

Which has better risk-adjusted returns?

UMMA currently has the higher Sharpe Ratio (2.68 vs 1.20), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.