Wahed Dow Jones Islamic World ETF
$37.14−0.63 (−1.67%)
- Expense ratio
- 0.65%
- Fund size
- $292M
- 1Y return
- +38.0%
- Yield · Last 12 months
- 0.95%
- Holdings
- 99
- Volume · 30D
- 0M sh
- NAV per share
- $36.47
- 52W range
The ETF.net UMMA Grade
Score 21 of 100 sits in the F band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.FScore 6Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.FScore 9Category rankRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.DScore 32Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.BScore 59Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.FScore 23Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.CScore 41Category rank
Our read on UMMA
FFaith-based investing with a passport. UMMA screens international stocks against Dow Jones Islamic Market rules, so Shariah compliance and non-US equity exposure arrive in a single ticker.
The Fund seeks long-term capital appreciation.
Why people hold it
- The Shariah screen is the product, not a bolt-on: the portfolio is anchored to the Dow Jones Islamic Market International Titans 100 Index.
- At 0.65%, it undercuts the median fee among global active equity funds, and it sits in the upper half of that peer group on our review.
- Wide net for one holding: roughly 110 stocks across developed, emerging and frontier markets outside the US, with cash paid out quarterly.
Worth knowing
- Thinly traded. Spreads and limit orders matter more here than with the heavyweights of the global-equity aisle.
- Unscreened global funds go cheaper: GSWO runs 0.15% and DFAW 0.24%. The faith screen and active management are what the extra fee buys.
- Roughly 110 names, so single stocks and sectors swing the fund more than they would in a thousand-stock world index.
UMMA Holdings
- Stocks
- 99
- 43%
- 005930.KS
Sectors
- Technology44.3%
- Health Care16.1%
- Industrials11.3%
- Materials9.3%
- Consumer Discr.7.4%
- Cons. Staples6.9%
- Energy2.7%
- Communication1.7%
- Real Estate0.4%
Geography
- Japan17.69%
- South Korea14.82%
- Switzerland12.70%
- Canada10.56%
- United Kingdom9.44%
- Germany6.50%
- France6.13%
- Taiwan5.64%
- 16.52%
Developed 77% · Emerging 23%
UMMA Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | UMMA |
|---|---|
| Year to date | +28.1% |
| 1 month | −0.5% |
| 3 months | −6.1% |
| 1 year | +38.0% |
| 3 years | +24.1% |
| 5 years | — |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | UMMA |
|---|---|---|
| 2026 YTD | +28.1% | |
| 2025 | +26.7% | |
| 2024 | +4.7% | |
| 2023 | +18.8% | |
| 2022 | −21.6% |
UMMA in the news
ETF.net Research hasn’t filed on UMMA yet — coverage lands here as it’s written.
UMMA Dividends
- 0.95%
- $0.36
- $0.004 per share
- Quarterly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Jun 25, 2026 | Jun 26, 2026 | $0.004 |
| Mar 26, 2026 | Mar 27, 2026 | $0.12 |
| Dec 24, 2025 | Dec 26, 2025 | $0.0044 |
| Sep 24, 2025 | Sep 25, 2025 | $0.23 |
| Jun 25, 2025 | Jun 26, 2025 | $0.0083 |
| Mar 26, 2025 | Mar 27, 2025 | $0.06 |
| Dec 24, 2024 | Dec 26, 2024 | $0.0043 |
| Sep 26, 2024 | Sep 27, 2024 | $0.15 |
| Jun 27, 2024 | Jun 28, 2024 | $0.005 |
| Mar 27, 2024 | Apr 1, 2024 | $0.06 |
| Dec 27, 2023 | Dec 29, 2023 | $0.05 |
| Jun 28, 2023 | Jun 30, 2023 | $0.08 |
UMMA Risk
- 18.5%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 0.91
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −34.2%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 1.32
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
UMMA Cost
- The middle half of International ESG & Values Index funds
- Median 0.26%
16 of the 18 International ESG & Values Index funds charge less.