UMMA vs. VSGX
Compare and contrast key facts about Wahed Dow Jones Islamic World ETF (UMMA) and Vanguard ESG International Stock ETF (VSGX).
UMMA and VSGX are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. 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. VSGX is a passively managed fund by Vanguard that tracks the performance of the FTSE Global All Cap ex US Choice Index.. It was launched on Sep 18, 2018. Both UMMA and VSGX are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: UMMA or VSGX.
Performance
UMMA vs. VSGX - Performance Comparison
Returns By Period
In the year-to-date period, UMMA achieves a 6.56% return, which is significantly lower than VSGX's 7.62% return.
UMMA
6.56%
-4.03%
-1.93%
12.12%
N/A
N/A
VSGX
7.62%
-2.15%
1.71%
13.55%
4.89%
N/A
Key characteristics
| UMMA | VSGX | |
|---|---|---|
| Sharpe Ratio | 0.73 | 1.03 |
| Sortino Ratio | 1.13 | 1.50 |
| Omega Ratio | 1.14 | 1.19 |
| Calmar Ratio | 0.88 | 0.93 |
| Martin Ratio | 3.65 | 5.21 |
| Ulcer Index | 3.32% | 2.60% |
| Daily Std Dev | 16.58% | 13.19% |
| Max Drawdown | -34.17% | -33.10% |
| Current Drawdown | -7.64% | -6.47% |
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UMMA vs. VSGX - Expense Ratio Comparison
UMMA has a 0.65% expense ratio, which is higher than VSGX's 0.12% expense ratio.
Correlation
The correlation between UMMA and VSGX is 0.91, 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.
Risk-Adjusted Performance
UMMA vs. VSGX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Wahed Dow Jones Islamic World ETF (UMMA) and Vanguard ESG International Stock ETF (VSGX). 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.
Dividends
UMMA vs. VSGX - Dividend Comparison
UMMA's dividend yield for the trailing twelve months is around 1.09%, less than VSGX's 3.11% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|
UMMA Wahed Dow Jones Islamic World ETF | 1.09% | 1.09% | 1.77% | 0.00% | 0.00% | 0.00% | 0.00% |
VSGX Vanguard ESG International Stock ETF | 3.11% | 2.77% | 2.61% | 2.50% | 1.67% | 2.28% | 0.38% |
Drawdowns
UMMA vs. VSGX - Drawdown Comparison
The maximum UMMA drawdown since its inception was -34.17%, roughly equal to the maximum VSGX drawdown of -33.10%. Use the drawdown chart below to compare losses from any high point for UMMA and VSGX. For additional features, visit the drawdowns tool.
Volatility
UMMA vs. VSGX - Volatility Comparison
Wahed Dow Jones Islamic World ETF (UMMA) and Vanguard ESG International Stock ETF (VSGX) have volatilities of 3.85% and 3.87%, 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.