DMXF vs UMMA: Grades, Fees and Holdings Compared

iShares ESG Advanced MSCI EAFE ETF

DMXFANasdaq

Wahed Dow Jones Islamic World ETF

UMMAFNasdaq

Overlap

27.0%by weight

Expense ratio

DMXF −0.53pt a year

DMXF0.12%UMMA0.65%

Avg volume · 30D

DMXF 1.5×the volume

DMXF75.7KUMMA51.6K

3Y return · a year

UMMA +4.8pt

DMXF+18.6%UMMA+23.4%

DMXF vs UMMA Performance

Oct 31, 2025 – Oct 30, 2026

+14.0%DMXF+24.1%UMMA

Expense ratio: DMXF 0.12%, better; UMMA 0.65%
Fund size: DMXF $1.04B; UMMA $310M
1Y total return: DMXF +14.0%; UMMA +24.1%, better
Yield (12M): DMXF 4.22%, better; UMMA 0.79%
Holdings: DMXF 408; UMMA 94
Avg volume (30D): DMXF 75.7K sh, better; UMMA 51.6K sh
NAV per share: DMXF $83.48; UMMA $36.24
52W range

ETF.net Grade

Pillar letters and Scores for DMXF, UMMA, with each pillar’s weight
Pillar	DMXF	UMMA
Cost30% weight	A88Higher	F6
Mission25% weight	A100Higher	F7
Risk15% weight	D36Higher	F13
Tradability15% weight	A74Higher	D35
Holdings10% weight	C45Higher	F20
Durability5% weight	A76Higher	C40

Rank among International ESG & Values Index funds

How we build Categories ›

Same Category. DMXF and UMMA are both graded against the same 18 International ESG & Values Index funds, so their Grades compare head to head.

International ESG & Values Index⁠

Category · 18 funds

See all 18 ›

DMXF ranks 3rd and UMMA 18th of 18 funds in the International ESG & Values Index Category.

Rank 1AVSGXVanguard ESG International Stock ETFScore 82
Rank 2AESGDiShares ESG Aware MSCI EAFE ETFScore 79
Rank 3ADMXFiShares ESG Advanced MSCI EAFE ETFScore 76
Rank 4AFEDMNorthern Trust ESG & Climate Developed Markets ex-US Core ETFScore 72
Rank 17DOAIMOneAscent International Equity ETFScore 29
Rank 18FUMMAWahed Dow Jones Islamic World ETFScore 14

Our read on each fund

ETF.net Research

DMXFAiShares ESG Advanced MSCI EAFE ETF

UMMAFWahed Dow Jones Islamic World ETF

In short

DMXF The strict one. Where iShares' ESG Aware EAFE fund screens five controversial businesses, DMXF screens fourteen, including the whole energy sector, and charges less than its lighter-screened sibling to do it.

UMMA Faith-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.

Stated mandate

DMXF The fund seeks to track an index of developed-market equities outside the United States and Canada, while incorporating positive environmental, social, and governance characteristics.

UMMA The Fund seeks long-term capital appreciation.

Why people hold it

DMXF 0.12% a year, roughly half the typical fee among international ESG funds, and cheaper than the softer-screened iShares sibling ESGD at 0.20%.ishares.com
Fourteen business-involvement screens: fossil fuels, nuclear power and weapons, GMOs, palm oil, for-profit prisons, predatory lending, gambling, tobacco and more.ishares.com
The fossil fuel screen is categorical, not cosmetic: the index drops the entire GICS energy sector plus companies with industry ties such as thermal coal.blackrock.com
Sticks tightly to its MSCI EAFE Choice ESG Screened index, one of the stronger implementations among international ESG funds.

UMMA 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

DMXF Deep exclusions mean real drift from plain EAFE. Sibling ESGD is built to keep risk and return close to the parent index; DMXF is not.ishares.com ishares.com 2
About 400 stocks, a narrower slate than the unscreened parent index, so individual names and surviving sectors carry more weight.
Mid-sized and moderately traded rather than a category heavyweight, and distributions arrive once or twice a year rather than quarterly.

UMMA 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.

Full DMXF profile⁠

Full UMMA profile⁠

DMXF vs UMMA Holdings

How DMXF and UMMA differ

Overlap by weight

27.0%

Shared holdings make up 32.0% of UMMA and 30.0% of DMXF.

Level by level

Holdings34 in both27.0%
Sector11 Sectors57.7%
Countryby domicile60.2%
Asset classEquity100%

Sector

Sector weights in DMXF and UMMA, widest gap first
Sector	More in DMXFMore in UMMA	DMXF	UMMA
Financials	DMXF +33.2 points	33.2%	0.0%
Technology	UMMA +24.3 points	19.5%	43.8%
Health Care	UMMA +5.4 points	11.1%	16.5%
Materials	UMMA +4.7 points	5.0%	9.7%
Communication	DMXF +3.9 points	5.7%	1.8%
Consumer Staples	UMMA +3.0 points	2.4%	5.4%
Energy	UMMA +2.9 points	0.0%	2.9%
Real Estate	DMXF +2.3 points	2.7%	0.4%
Industrials	DMXF +2.1 points	14.9%	12.8%
Consumer Discretionary	UMMA +2.1 points	4.7%	6.8%
Utilities	DMXF +0.7 points	0.7%	0.0%

Country, concentration and asset class

Country by domicile

Country weights in DMXF and UMMA, widest gap first
Country	More in DMXFMore in UMMA	DMXF	UMMA
Japan	DMXF +13.9 points	31.0%	17.1%
Canada	UMMA +13.4 points	0.0%	13.4%
South Korea	UMMA +12.9 points	0.0%	12.9%
Netherlands	DMXF +6.2 points	10.8%	4.6%
Taiwan	UMMA +5.9 points	0.0%	5.9%
Sweden	DMXF +3.4 points	4.5%	1.1%
Singapore	DMXF +2.7 points	2.7%	0.0%
Australia	DMXF +2.6 points	6.6%	4.0%
Other countries (16)	DMXF +3.3 points	44.4%	41.1%

Outside the US: DMXF 99% developed, 1% emerging. UMMA 79% developed, 21% emerging.

Concentration

Weight in the 10 largest Holdings

DMXF22.3%
UMMA40.5%

Securities held

DMXF393
UMMA93

Asset class

DMXF: Equity
UMMA: Equity

Holdings

Only in DMXF359
In both34
Only in UMMA59

Only in DMXF

359 securities, 69.4% of DMXF by weight

Mitsubishi Ufj Financial Group2.19%
Commonwealth Bank of Australia1.83%
Allianz1.74%
Sumitomo Mitsui Financial Group1.40%
Dbs Group Holdings Ltd1.10%
Mizuho Financial Group1.07%
Zurich Insurance Group AG1.05%
Softbank Group Corp0.99%
Aia Group0.94%
Tokio Marine Holdings0.92%
Ing Groep0.85%
Westpac Banking Corporation0.83%
Spotify Technology0.81%
Investor Class B0.70%
Oversea-Chinese Banking0.70%
Axa SA0.70%
Deutsche Boerse AG0.62%
Macquarie Group Ltd Def0.61%
Nintendo0.54%
Argenx0.53%
London Stock Exchange Group PLC0.53%
Nordea Bank0.50%
Swiss Re AG0.49%
Kddi0.49%
Ferrari0.45%
Prosus NV Class N0.43%
Caixabank SA0.41%
Nokia0.41%
Galderma Group N AG0.40%
Societe Generale SA0.40%
Softbank0.40%
Hong Kong Exchanges and Clearing0.40%
Sandoz Group AG0.39%
MS&AD Insurance Group Holdings0.37%
Daiichi Life Group0.37%
United Overseas Bank0.36%
Assa Abloy B0.36%
Ucb SA0.36%
Nec0.35%
Sandvik0.35%
Erste Group Bank AG0.35%
Sompo Holdings0.34%
Assicurazioni Generali0.32%
Genmab0.32%
Japan Post Bank Ltd0.32%
Komatsu0.32%
Ntt0.31%
Bank Leumi Le Israel0.30%
Swiss Life Holding AG0.30%
3I Group Fund PLC0.29%

Only in UMMA

59 securities, 62.3% of UMMA by weight

Samsung Electronics Co Ltd6.08%
SK hynix Inc5.11%
Taiwan Semiconductor Manufacturing Co Ltd4.90%
Constellation Software Inc/Canada3.89%
Roche Holding AG3.33%
AstraZeneca PLC2.63%
Nestle SA2.11%
BHP Group Ltd1.86%
Siemens AG1.82%
Shopify Inc1.66%
Suncor Energy Inc1.32%
Hitachi Ltd1.19%
Unilever PLC1.12%
Novo Nordisk A/S1.06%
Canadian Nat Res Ltd1.04%
Wesfarmers Ltd1.02%
Siemens Energy AG1.00%
L'Oreal SA0.97%
Wheaton Precious Metals Corp0.96%
Gsk PLC0.96%
Cie Financiere Richemont SA0.96%
Fast Retailing Co Ltd0.89%
Rio Tinto PLC0.87%
Sanofi SA0.81%
Kioxia Holdings Corp0.78%
Waste Connections Inc0.73%
Agnico Eagle Mines Ltd0.72%
Canadian Pacific Kansas City Ltd0.70%
Industria de Diseno Textil SA0.63%
Infosys Ltd0.63%
Barrick Mining Corp0.63%
Mitsubishi Electric Corp0.60%
Canadian National Railway Co0.59%
ASE Technology Holding Co Ltd0.58%
Argenx SE0.46%
SK Square Co Ltd0.46%
Xiaomi Corp0.44%
Atlas Copco AB0.43%
Ferrari NV0.43%
Nokia Oyj0.41%
Reckitt Benckiser Group PLC0.40%
Samsung Electro-Mechanics Co Ltd0.39%
Meituan0.39%
Holcim AG0.39%
Franco-Nevada Corp0.37%
Daikin Industries Ltd0.36%
Rio Tinto Ltd0.35%
Dollarama Inc0.34%
Assa Abloy AB0.34%
BYD Co Ltd0.33%

Weight gaps

All 34 Holdings in both funds, largest gap first.

Holding weights in DMXF and UMMA, widest gap first
Holding	More in DMXFMore in UMMA	DMXF	UMMA
Infineon Technologies AG	UMMA +1.98 points	0.69%	2.67%
Asml Holding	DMXF +1.82 points	5.72%	3.90%
Murata Manufacturing	UMMA +1.59 points	0.61%	2.20%
Tokyo Electron	UMMA +0.86 points	1.25%	2.11%
Novartis AG	DMXF +0.38 points	2.78%	2.40%
Sap	DMXF +0.29 points	2.23%	1.94%
Recruit Holdings Ltd	UMMA +0.17 points	1.51%	1.68%
Schneider Electric	DMXF +0.14 points	1.36%	1.22%
Advantest	UMMA +0.12 points	1.52%	1.64%
Shin Etsu Chemical	UMMA +0.13 points	0.58%	0.71%
Givaudan SA	DMXF +0.10 points	0.42%	0.32%
Otsuka Holdings	UMMA +0.06 points	0.30%	0.36%
Fujitsu	UMMA +0.06 points	0.36%	0.42%
Lair Liquide Societe Anonyme Pour	DMXF +0.06 points	1.18%	1.12%
Compass Group PLCCPG.L	DMXF +0.05 points	0.54%	0.49%
Csl	DMXF +0.04 points	0.63%	0.59%
Essilorluxottica SA	DMXF +0.04 points	0.56%	0.52%
Lonza Group AG	DMXF +0.04 points	0.52%	0.47%
Hermes International	DMXF +0.04 points	0.47%	0.43%
Disco Corp	UMMA +0.03 points	0.26%	0.29%
Relx PLCREL.L	DMXF +0.03 points	0.66%	0.63%
Haleon PLCHLN.L	DMXF +0.01 points	0.35%	0.34%
Alcon AG	DMXF +0.02 points	0.33%	0.31%
Adidas N AG	UMMA +0.02 points	0.28%	0.30%
Asm International NV	DMXF +0.01 points	0.36%	0.35%
Daiichi Sankyo Ltd	UMMA +0.01 points	0.28%	0.29%
Keyence	UMMA +0.01 points	0.87%	0.88%
Fanuc Corp	DMXF +0.01 points	0.32%	0.31%
Hoya	DMXF +0.01 points	0.52%	0.51%
Legrand SA	UMMA +0.01 points	0.35%	0.36%
Goodman Group Units	UMMA +0.01 points	0.35%	0.36%
Fujikura	UMMA +0.01 points	0.35%	0.36%
Abb Ltd	DMXF +0.01 points	1.25%	1.24%
Sika AG	Same weight	0.31%	0.31%

All 393 DMXF holdings⁠All 97 UMMA holdings⁠

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

DMXF vs UMMA Cost

Overpaying UMMA vs DMXF

$10,197

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

DMXF 0.12%
$2,520
UMMA 0.65%
$12,717

Amount$10,000

Years30 years

Cost over time

DMXF 0.12%
UMMA 0.65%
Overpaying

Year by year

Year	DMXF	UMMA	Overpaying
10	$220	$1,163	$943
20	$859	$4,440	$3,581
30	$2,520	$12,717	$10,197

Expense ratio

0.12%DMXF, cheaper
0.65%UMMA

DMXF0.12%UMMA0.65%

0.10%0.95%

Middle half of International ESG & Values Index funds
Median 0.23%

DMXF 2nd cheapest of 18 funds

UMMA 17th cheapest of 18 funds

DMXF vs UMMA Dividends

Last 12 months to Oct 30, 2026

Yield (12M): DMXF 4.22%, better; UMMA 0.79%
Payout (12M): DMXF $3.54; UMMA $0.28
Last payment: DMXF $1.03; UMMA $0.15
Ex-dividend: DMXF Jun 15, 2026; UMMA Sep 24, 2026
Paid on: DMXF Jun 18, 2026; UMMA Sep 25, 2026
Frequency: DMXF Twice a year; UMMA Quarterly

Distribution history

Per share, 2020 to 2026, same scale for both

DMXFTwice a year · 13 paymentsAll DMXF payments⁠

UMMAQuarterly · 17 paymentsAll UMMA payments⁠

DMXF vs UMMA Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years: DMXF 12.8%, betterUMMA 18.0%
Return per unit of riskSharpe ratio, 3 years: DMXF 1.06, betterUMMA 1.01
Worst fallMax drawdown, 5 years: DMXF −33.7%UMMA −34.2%since Jan 2022
Market sensitivityBeta, 5 years: DMXF 0.86UMMA 1.29; Market = 1

Popular comparisons

DMXFAvsVSGXA
iShares ESG Advanced MSCI EAFE ETF · Vanguard ESG International Stock ETF
Expense ratio
0.12% · 0.10%
Category
UMMAFvsVSGXA
Wahed Dow Jones Islamic World ETF · Vanguard ESG International Stock ETF
Expense ratio
0.65% · 0.10%
Category
DMXFAvsESGDA
iShares ESG Advanced MSCI EAFE ETF · iShares ESG Aware MSCI EAFE ETF
Expense ratio
0.12% · 0.20%
Category
UMMAFvsESGDA
Wahed Dow Jones Islamic World ETF · iShares ESG Aware MSCI EAFE ETF
Expense ratio
0.65% · 0.20%
Category
DMXFAvsFEDMA
iShares ESG Advanced MSCI EAFE ETF · Northern Trust ESG & Climate Developed Markets ex-US Core ETF
Expense ratio
0.12% · 0.12%
Category
UMMAFvsFEDMA
Wahed Dow Jones Islamic World ETF · Northern Trust ESG & Climate Developed Markets ex-US Core ETF
Expense ratio
0.65% · 0.12%
Category