ISDW.L vs. UMMA
Compare and contrast key facts about iShares MSCI World Islamic UCITS (ISDW.L) and Wahed Dow Jones Islamic World ETF (UMMA).
ISDW.L and UMMA are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. ISDW.L is a passively managed fund by iShares that tracks the performance of the MSCI World Islamic Index. It was launched on Dec 7, 2007. 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. Both ISDW.L and UMMA are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Performance
ISDW.L vs. UMMA - Performance Comparison
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ISDW.L vs. UMMA - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
ISDW.L iShares MSCI World Islamic UCITS | 1.51% | 19.35% | 5.72% | 23.61% | -10.86% |
UMMA Wahed Dow Jones Islamic World ETF | 5.89% | 26.65% | 4.67% | 18.84% | -21.62% |
Returns By Period
In the year-to-date period, ISDW.L achieves a 1.51% return, which is significantly lower than UMMA's 5.89% return.
ISDW.L
- 1D
- 2.59%
- 1M
- -3.43%
- YTD
- 1.51%
- 6M
- 5.54%
- 1Y
- 25.79%
- 3Y*
- 13.43%
- 5Y*
- 9.77%
- 10Y*
- 10.00%
UMMA
- 1D
- 1.88%
- 1M
- -7.52%
- YTD
- 5.89%
- 6M
- 11.47%
- 1Y
- 32.44%
- 3Y*
- 14.56%
- 5Y*
- —
- 10Y*
- —
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ISDW.L vs. UMMA - Expense Ratio Comparison
ISDW.L has a 0.30% expense ratio, which is lower than UMMA's 0.65% expense ratio.
Return for Risk
ISDW.L vs. UMMA — Risk / Return Rank
ISDW.L
UMMA
ISDW.L vs. UMMA - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI World Islamic UCITS (ISDW.L) 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.
| ISDW.L | UMMA | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.61 | 1.55 | +0.06 |
Sortino ratioReturn per unit of downside risk | 2.23 | 2.12 | +0.10 |
Omega ratioGain probability vs. loss probability | 1.32 | 1.29 | +0.02 |
Calmar ratioReturn relative to maximum drawdown | 2.94 | 2.19 | +0.74 |
Martin ratioReturn relative to average drawdown | 11.89 | 8.69 | +3.20 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| ISDW.L | UMMA | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.61 | 1.55 | +0.06 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.63 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.64 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.40 | 0.33 | +0.07 |
Correlation
The correlation between ISDW.L and UMMA is 0.60, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Dividends
ISDW.L vs. UMMA - Dividend Comparison
ISDW.L's dividend yield for the trailing twelve months is around 1.09%, less than UMMA's 1.16% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ISDW.L iShares MSCI World Islamic UCITS | 1.09% | 1.11% | 1.38% | 1.56% | 2.02% | 1.47% | 1.38% | 1.80% | 1.87% | 1.54% | 1.70% | 1.77% |
UMMA Wahed Dow Jones Islamic World ETF | 1.16% | 1.02% | 0.91% | 1.09% | 1.77% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
ISDW.L vs. UMMA - Drawdown Comparison
The maximum ISDW.L drawdown since its inception was -44.87%, which is greater than UMMA's maximum drawdown of -34.17%. Use the drawdown chart below to compare losses from any high point for ISDW.L and UMMA.
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Drawdown Indicators
| ISDW.L | UMMA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -44.87% | -34.17% | -10.70% |
Max Drawdown (1Y)Largest decline over 1 year | -11.42% | -14.93% | +3.51% |
Max Drawdown (5Y)Largest decline over 5 years | -22.76% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -33.77% | — | — |
Current DrawdownCurrent decline from peak | -4.29% | -9.99% | +5.70% |
Average DrawdownAverage peak-to-trough decline | -5.31% | -10.12% | +4.81% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.14% | 3.77% | -1.63% |
Volatility
ISDW.L vs. UMMA - Volatility Comparison
The current volatility for iShares MSCI World Islamic UCITS (ISDW.L) is 5.05%, while Wahed Dow Jones Islamic World ETF (UMMA) has a volatility of 9.33%. This indicates that ISDW.L 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.
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Volatility by Period
| ISDW.L | UMMA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.05% | 9.33% | -4.28% |
Volatility (6M)Calculated over the trailing 6-month period | 9.92% | 15.21% | -5.29% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.96% | 20.99% | -5.03% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.61% | 20.24% | -4.63% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.60% | 20.24% | -4.64% |