DINT vs. UMMA

Last updated Jun 4, 2026

DINT (Davis Select International ETF) and UMMA (Wahed Dow Jones Islamic World ETF) are both Foreign Large Cap Equities funds. DINT is actively managed, while UMMA is passively managed. Over the past 3 years, DINT returned 20.43%/yr vs 22.73%/yr for UMMA. A 0.78 correlation means they provide meaningful diversification when combined. Both charge a 0.65% expense ratio.

Performance

DINT vs. UMMA - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Davis Select International ETF (DINT) 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, DINT achieves a 5.16% return, which is significantly lower than UMMA's 32.49% return.

DINT

• 1D: -1.54%
• 1M: 5.23%
• YTD: 5.16%
• 6M: 9.26%
• 1Y: 23.40%
• 3Y*: 20.43%
• 5Y*: 6.61%
• 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)

DINT vs. UMMA - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
DINT Davis Select International ETF	5.16%	32.66%	20.56%	6.73%	-9.57%
UMMA Wahed Dow Jones Islamic World ETF	32.49%	26.65%	4.67%	18.84%	-21.62%

Correlation

The correlation between DINT and UMMA is 0.80, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.80
Correlation (3Y) Calculated over the trailing 3-year period	0.73
Correlation (All Time) Calculated using the full available price history since Jan 10, 2022	0.78

The correlation between DINT and UMMA has been stable across timeframes, ranging from 0.73 to 0.80 - a consistent structural relationship.

DINT vs. UMMA - Sectors Allocation Comparison

Sectors	DINT	UMMA
Financial Services	18.6%	-
Industrials	12.5%	13.5%
Consumer Cyclical	10.4%	8.1%
Consumer Defensive	10.1%	5.6%
Basic Materials	6.3%	9.3%
Energy	4.9%	2.9%
Communication Services	4.8%	0.8%
Healthcare	2.9%	16.6%
Real Estate	2.5%	0.5%
Technology	1.9%	42.9%
Utilities	-	-

Return for Risk

DINT vs. UMMA — Risk / Return Rank

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

DINT

DINT Risk / Return Rank: 36
DINT Sharpe Ratio Rank: 36
DINT Sortino Ratio Rank: 35
DINT Omega Ratio Rank: 35
DINT Calmar Ratio Rank: 36
DINT Martin Ratio Rank: 38

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.

DINT vs. UMMA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Davis Select International ETF (DINT) 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.

	DINT	UMMA	Difference
Sharpe ratio: Return per unit of total volatility	1.29	2.68	-1.39
Sortino ratio: Return per unit of downside risk	1.86	3.53	-1.67
Omega ratio: Gain probability vs. loss probability	1.23	1.46	-0.23
Calmar ratio: Return relative to maximum drawdown	1.80	3.60	-1.81
Martin ratio: Return relative to average drawdown	5.88	14.07	-8.19
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

DINT vs. UMMA - Sharpe Ratio Comparison

The current DINT Sharpe Ratio is 1.29, which is lower than the UMMA Sharpe Ratio of 2.68. The chart below compares the historical Sharpe Ratios of DINT 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

	DINT	UMMA	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.29	2.68	-1.39
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.28	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.30	0.58	-0.28

Drawdowns

DINT vs. UMMA - Drawdown Comparison

The maximum DINT drawdown since its inception was -45.12%, which is greater than UMMA's maximum drawdown of -34.17%. Use the drawdown chart below to compare losses from any high point for DINT and UMMA.

Drawdown Indicators

	DINT	UMMA	Difference
Max Drawdown Largest peak-to-trough decline	-45.12%	-34.17%	-10.95%
Max Drawdown (1Y) Largest decline over 1 year	-13.09%	-14.93%	+1.84%
Max Drawdown (3Y) Largest decline over 3 years	-20.50%	-18.73%	-1.77%
Max Drawdown (5Y) Largest decline over 5 years	-39.96%	—	—
Current Drawdown Current decline from peak	-1.54%	-0.77%	-0.77%
Average Drawdown Average peak-to-trough decline	-15.21%	-9.82%	-5.39%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.99%	3.82%	+0.17%

Volatility

DINT vs. UMMA - Volatility Comparison

The current volatility for Davis Select International ETF (DINT) is 7.11%, while Wahed Dow Jones Islamic World ETF (UMMA) has a volatility of 7.64%. This indicates that DINT experiences smaller price fluctuations and is considered to be less risky than UMMA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DINT	UMMA	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.11%	7.64%	-0.53%
Volatility (6M) Calculated over the trailing 6-month period	14.78%	17.26%	-2.48%
Volatility (1Y) Calculated over the trailing 1-year period	18.26%	20.10%	-1.84%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.32%	20.55%	+2.77%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.00%	20.55%	+2.45%

DINT vs. UMMA - Expense Ratio Comparison

Both DINT and UMMA have an expense ratio of 0.65%.

Dividends

DINT vs. UMMA - Dividend Comparison

DINT's dividend yield for the trailing twelve months is around 1.58%, more than UMMA's 0.93% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
DINT Davis Select International ETF	1.58%	1.67%	2.34%	1.75%	0.37%	2.15%	0.27%	2.58%	0.41%
UMMA Wahed Dow Jones Islamic World ETF	0.93%	1.02%	0.91%	1.09%	1.77%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both DINT and UMMA in my portfolio?

DINT and UMMA have a correlation of 0.80, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, DINT or UMMA?

UMMA has higher volatility (7.64%) compared to DINT (7.11%). In terms of maximum drawdown, DINT dropped -45.12% vs UMMA's -34.17%.

Which ETF is better, DINT or UMMA?

On 3-year performance, UMMA leads with 22.73% vs 20.43% for DINT. Both ETFs have the same 0.65% expense ratio. On volatility, DINT has been the lower-risk option at 7.11%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, DINT or UMMA?

Over the 3-year period, UMMA has performed better with a 22.73% return vs 20.43%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, DINT or UMMA?

DINT and UMMA have the same expense ratio: 0.65% per year.

Which ETF pays a higher dividend yield, DINT or UMMA?

DINT has the higher dividend yield at 1.58%, compared with 0.93% for UMMA.

What is the main difference between DINT and UMMA?

They also come from different issuers: Davis Advisers and Wahed.

Which has better risk-adjusted returns?

UMMA currently has the higher Sharpe Ratio (2.68 vs 1.29), 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.