EPIN vs. UMMA

Last updated Jun 5, 2026

EPIN (Harbor International Equity ETF) and UMMA (Wahed Dow Jones Islamic World ETF) are both Foreign Large Cap Equities funds. EPIN is actively managed, while UMMA is passively managed. Their correlation of 0.91 suggests significant overlap in exposure. EPIN charges 0.80%/yr vs 0.65%/yr for UMMA.

Performance

EPIN vs. UMMA - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Harbor International Equity ETF (EPIN) 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, EPIN achieves a 24.57% return, which is significantly lower than UMMA's 32.32% return.

EPIN

• 1D: 0.11%
• 1M: 9.68%
• YTD: 24.57%
• 6M: 28.39%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

UMMA

• 1D: -0.13%
• 1M: 12.11%
• YTD: 32.32%
• 6M: 35.20%
• 1Y: 51.77%
• 3Y*: 22.81%
• 5Y*: —
• 10Y*: —

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

EPIN vs. UMMA - Yearly Performance Comparison

	2026 (YTD)	2025
EPIN Harbor International Equity ETF	24.57%	14.68%
UMMA Wahed Dow Jones Islamic World ETF	32.32%	14.92%

Correlation

The correlation between EPIN and UMMA is 0.91, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jun 6, 2025	0.91

EPIN vs. UMMA - Sectors Allocation Comparison

Sectors	EPIN	UMMA
Technology	29.2%	42.9%
Industrials	21.3%	13.5%
Financial Services	19.4%	-
Basic Materials	7.7%	9.3%
Consumer Cyclical	6.8%	8.1%
Healthcare	6.8%	16.6%
Energy	5.1%	2.9%
Consumer Defensive	2.6%	5.6%
Communication Services	1.2%	0.8%
Real Estate	-	0.5%
Utilities	-	-

Return for Risk

EPIN vs. UMMA — Risk / Return Rank

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

UMMA

UMMA Risk / Return Rank: 76
UMMA Sharpe Ratio Rank: 81
UMMA Sortino Ratio Rank: 78
UMMA Omega Ratio Rank: 76
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.

EPIN vs. UMMA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Harbor International Equity ETF (EPIN) 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	EPIN	UMMA	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.59	—
Sharpe Ratio (All Time) Calculated using the full available price history	2.50	0.58	+1.92

Drawdowns

EPIN vs. UMMA - Drawdown Comparison

The maximum EPIN drawdown since its inception was -11.64%, smaller than the maximum UMMA drawdown of -34.17%. Use the drawdown chart below to compare losses from any high point for EPIN and UMMA.

Drawdown Indicators

	EPIN	UMMA	Difference
Max Drawdown Largest peak-to-trough decline	-11.64%	-34.17%	+22.53%
Max Drawdown (1Y) Largest decline over 1 year	—	-14.93%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-18.73%	—
Current Drawdown Current decline from peak	-0.94%	-0.90%	-0.04%
Average Drawdown Average peak-to-trough decline	-1.76%	-9.81%	+8.05%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	3.82%	—

Volatility

Volatility by Period

	EPIN	UMMA	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	7.54%	—
Volatility (6M) Calculated over the trailing 6-month period	—	17.26%	—
Volatility (1Y) Calculated over the trailing 1-year period	17.35%	20.11%	-2.76%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.35%	20.55%	-3.20%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.35%	20.55%	-3.20%

EPIN vs. UMMA - Expense Ratio Comparison

EPIN has a 0.80% expense ratio, which is higher than UMMA's 0.65% expense ratio.

Dividends

EPIN vs. UMMA - Dividend Comparison

EPIN's dividend yield for the trailing twelve months is around 0.63%, less than UMMA's 0.93% yield.

Position	TTM	2025	2024	2023	2022
EPIN Harbor International Equity ETF	0.63%	0.79%	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 EPIN and UMMA in my portfolio?

With a correlation of 0.91, EPIN and UMMA move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which ETF is better, EPIN or UMMA?

On fees, UMMA is cheaper at 0.65% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, EPIN or UMMA?

UMMA is cheaper with a 0.65% expense ratio, compared with 0.80% for EPIN.

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

UMMA has the higher dividend yield at 0.93%, compared with 0.63% for EPIN.

What is the main difference between EPIN and UMMA?

They also come from different issuers: Harbor and Wahed. Their fees differ too: 0.80% for EPIN and 0.65% for UMMA.