PortfoliosLab logo
UMMA vs. SPUS
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between UMMA and SPUS is 0.78, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.


Performance

UMMA vs. SPUS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Wahed Dow Jones Islamic World ETF (UMMA) and SP Funds S&P 500 Sharia Industry Exclusions ETF (SPUS). The values are adjusted to include any dividend payments, if applicable.

-10.00%0.00%10.00%20.00%30.00%40.00%December2025FebruaryMarchAprilMay
1.75%
25.98%
UMMA
SPUS

Key characteristics

Sharpe Ratio

UMMA:

0.11

SPUS:

0.25

Sortino Ratio

UMMA:

0.31

SPUS:

0.53

Omega Ratio

UMMA:

1.04

SPUS:

1.07

Calmar Ratio

UMMA:

0.13

SPUS:

0.26

Martin Ratio

UMMA:

0.42

SPUS:

0.90

Ulcer Index

UMMA:

5.65%

SPUS:

6.70%

Daily Std Dev

UMMA:

20.81%

SPUS:

22.82%

Max Drawdown

UMMA:

-34.17%

SPUS:

-30.80%

Current Drawdown

UMMA:

-5.32%

SPUS:

-11.20%

Returns By Period

In the year-to-date period, UMMA achieves a 4.36% return, which is significantly higher than SPUS's -7.69% return.


UMMA

YTD

4.36%

1M

8.41%

6M

0.30%

1Y

2.18%

5Y*

N/A

10Y*

N/A

SPUS

YTD

-7.69%

1M

3.83%

6M

-8.36%

1Y

5.72%

5Y*

16.18%

10Y*

N/A

*Annualized

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


UMMA vs. SPUS - Expense Ratio Comparison

UMMA has a 0.65% expense ratio, which is higher than SPUS's 0.49% expense ratio.


Risk-Adjusted Performance

UMMA vs. SPUS — Risk-Adjusted Performance Rank

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

UMMA
The Risk-Adjusted Performance Rank of UMMA is 2626
Overall Rank
The Sharpe Ratio Rank of UMMA is 2424
Sharpe Ratio Rank
The Sortino Ratio Rank of UMMA is 2626
Sortino Ratio Rank
The Omega Ratio Rank of UMMA is 2525
Omega Ratio Rank
The Calmar Ratio Rank of UMMA is 2929
Calmar Ratio Rank
The Martin Ratio Rank of UMMA is 2727
Martin Ratio Rank

SPUS
The Risk-Adjusted Performance Rank of SPUS is 3939
Overall Rank
The Sharpe Ratio Rank of SPUS is 3636
Sharpe Ratio Rank
The Sortino Ratio Rank of SPUS is 4040
Sortino Ratio Rank
The Omega Ratio Rank of SPUS is 3939
Omega Ratio Rank
The Calmar Ratio Rank of SPUS is 4242
Calmar Ratio Rank
The Martin Ratio Rank of SPUS is 3939
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

UMMA vs. SPUS - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Wahed Dow Jones Islamic World ETF (UMMA) and SP Funds S&P 500 Sharia Industry Exclusions ETF (SPUS). 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.


The current UMMA Sharpe Ratio is 0.11, which is lower than the SPUS Sharpe Ratio of 0.25. The chart below compares the historical Sharpe Ratios of UMMA and SPUS, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-1.000.001.002.003.00December2025FebruaryMarchAprilMay
0.11
0.25
UMMA
SPUS

Dividends

UMMA vs. SPUS - Dividend Comparison

UMMA's dividend yield for the trailing twelve months is around 0.87%, more than SPUS's 0.77% yield.


TTM20242023202220212020
UMMA
Wahed Dow Jones Islamic World ETF
0.87%0.91%1.09%1.77%0.00%0.00%
SPUS
SP Funds S&P 500 Sharia Industry Exclusions ETF
0.77%0.71%0.87%1.21%0.93%1.04%

Drawdowns

UMMA vs. SPUS - Drawdown Comparison

The maximum UMMA drawdown since its inception was -34.17%, which is greater than SPUS's maximum drawdown of -30.80%. Use the drawdown chart below to compare losses from any high point for UMMA and SPUS. For additional features, visit the drawdowns tool.


-20.00%-15.00%-10.00%-5.00%0.00%December2025FebruaryMarchAprilMay
-5.32%
-11.20%
UMMA
SPUS

Volatility

UMMA vs. SPUS - Volatility Comparison

The current volatility for Wahed Dow Jones Islamic World ETF (UMMA) is 5.69%, while SP Funds S&P 500 Sharia Industry Exclusions ETF (SPUS) has a volatility of 7.92%. This indicates that UMMA experiences smaller price fluctuations and is considered to be less risky than SPUS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%4.00%6.00%8.00%10.00%12.00%14.00%16.00%December2025FebruaryMarchAprilMay
5.69%
7.92%
UMMA
SPUS