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UMMA vs. SPWO
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between UMMA and SPWO is 0.67, 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.


Performance

UMMA vs. SPWO - 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 World ETF (SPWO). The values are adjusted to include any dividend payments, if applicable.

0.00%5.00%10.00%15.00%20.00%December2025FebruaryMarchAprilMay
12.30%
16.65%
UMMA
SPWO

Key characteristics

Sharpe Ratio

UMMA:

0.15

SPWO:

0.33

Sortino Ratio

UMMA:

0.35

SPWO:

0.61

Omega Ratio

UMMA:

1.04

SPWO:

1.07

Calmar Ratio

UMMA:

0.16

SPWO:

0.37

Martin Ratio

UMMA:

0.51

SPWO:

1.36

Ulcer Index

UMMA:

5.64%

SPWO:

4.96%

Daily Std Dev

UMMA:

20.83%

SPWO:

20.51%

Max Drawdown

UMMA:

-34.17%

SPWO:

-18.02%

Current Drawdown

UMMA:

-5.36%

SPWO:

-4.26%

Returns By Period

In the year-to-date period, UMMA achieves a 4.31% return, which is significantly higher than SPWO's 3.69% return.


UMMA

YTD

4.31%

1M

16.45%

6M

-1.03%

1Y

3.20%

5Y*

N/A

10Y*

N/A

SPWO

YTD

3.69%

1M

16.78%

6M

-2.45%

1Y

6.65%

5Y*

N/A

10Y*

N/A

*Annualized

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UMMA vs. SPWO - Expense Ratio Comparison

UMMA has a 0.65% expense ratio, which is higher than SPWO's 0.55% expense ratio.


Risk-Adjusted Performance

UMMA vs. SPWO — 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 3030
Overall Rank
The Sharpe Ratio Rank of UMMA is 3030
Sharpe Ratio Rank
The Sortino Ratio Rank of UMMA is 3030
Sortino Ratio Rank
The Omega Ratio Rank of UMMA is 2828
Omega Ratio Rank
The Calmar Ratio Rank of UMMA is 3333
Calmar Ratio Rank
The Martin Ratio Rank of UMMA is 3131
Martin Ratio Rank

SPWO
The Risk-Adjusted Performance Rank of SPWO is 4646
Overall Rank
The Sharpe Ratio Rank of SPWO is 4343
Sharpe Ratio Rank
The Sortino Ratio Rank of SPWO is 4545
Sortino Ratio Rank
The Omega Ratio Rank of SPWO is 4141
Omega Ratio Rank
The Calmar Ratio Rank of SPWO is 5252
Calmar Ratio Rank
The Martin Ratio Rank of SPWO is 4949
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. SPWO - 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 World ETF (SPWO). 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 0.15, which is lower than the SPWO Sharpe Ratio of 0.33. The chart below compares the historical Sharpe Ratios of UMMA and SPWO, 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-0.500.000.501.00Dec 22Dec 29Jan 05Jan 12Jan 19Jan 26Feb 02Feb 09Feb 16Feb 23Mar 02Mar 09Mar 16Mar 23Mar 30Apr 06Apr 13Apr 20Apr 27May 04
0.15
0.33
UMMA
SPWO

Dividends

UMMA vs. SPWO - Dividend Comparison

UMMA's dividend yield for the trailing twelve months is around 0.87%, less than SPWO's 1.38% yield.


TTM202420232022
UMMA
Wahed Dow Jones Islamic World ETF
0.87%0.91%1.09%1.77%
SPWO
SP Funds S&P World ETF
1.38%1.26%0.00%0.00%

Drawdowns

UMMA vs. SPWO - Drawdown Comparison

The maximum UMMA drawdown since its inception was -34.17%, which is greater than SPWO's maximum drawdown of -18.02%. Use the drawdown chart below to compare losses from any high point for UMMA and SPWO. For additional features, visit the drawdowns tool.


-20.00%-15.00%-10.00%-5.00%0.00%December2025FebruaryMarchAprilMay
-5.36%
-4.26%
UMMA
SPWO

Volatility

UMMA vs. SPWO - Volatility Comparison

Wahed Dow Jones Islamic World ETF (UMMA) and SP Funds S&P World ETF (SPWO) have volatilities of 8.85% and 8.43%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.


4.00%6.00%8.00%10.00%12.00%December2025FebruaryMarchAprilMay
8.85%
8.43%
UMMA
SPWO