UMMA Wahed Dow Jones Islamic World ETF

*Unless otherwise stated, data provided by FactSet.

UMMA Fund Description

UMMA is an actively managed fund of global ex-US securities that are determined to be Shariah-compliant based on business activities and accounting criteria. Holdings are also screened to assess ESG risks.

UMMA Factset Analytics Insight

UMMA, though actively managed, seeks to achieve similar returns as the Dow Jones Islamic Market International Titans 100 Index. In doing so, the fund invests in a portfolio that generally replicates the index’s holdings, which comprises 100 of the largest Shariah-compliant companies outside the US. This includes firms from developed, emerging, and frontier markets. The selection process starts by removing companies that derive more than 5% of their revenue from Shariah-prohibited activities such as: non-Islamic finance, alcohol, tobacco, weapon, pork-related products, and certain forms of entertainment. Remaining firms are then filtered using accounting-based screens that focus on certain financial ratios. In addition, companies are further screened to assess ESG risks relating to issues, such as illegal commercial practices, human rights, labor disputes, and workplace safety. UMMA’s international exposure complements HLAL, its sibling fund that holds Shariah-compliant US securities.

PERFORMANCE [as of 09/29/22] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
UMMA -11.04% -11.46% -- -- -- -- --
UMMA (NAV) -11.32% -12.18% -- -- -- -- --
No Underlying Index -- -- -- -- -- -- --
MSCI ACWI ex USA Large Cap Index -10.51% -11.40% -26.01% -24.42% -1.40% -0.63% 2.95%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

UMMA Summary Data

Wahed
01/07/22
Open-Ended Fund
0.65%
$26.16M
$96.93K
0.48%

UMMA Portfolio Data

$146.49B
17.72
3.57
--
N/A
95

UMMA Index Data

No Underlying Index
Proprietary
Proprietary
MSCI ACWI ex USA Large Cap Index

UMMA Portfolio Management

0.65%
--
--
--

UMMA Tax Exposures

20.00% / 39.60%
--
Qualified dividends
No

UMMA Fund Structure

Open-Ended Fund
No
No
-- / --
N/A
N/A
Medium
Daily

UMMA Factset Analytics Block Liquidity

As of 09/30/22
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of UMMA. UMMA is rated a N/A out of 5.

UMMA Tradability

5,265
$96.93K
3,207
$58.20K
0.48%
$0.09
0.30%
2.33% / -1.29%
None
36.01%
--
--
--
--
0
$16.78
N/A

UMMA Sector/Industry Breakdown


UMMA
Segment Benchmark
20.39%
--
19.34%
--
13.46%
--
12.27%
--
6.65%
--
5.96%
--
5.87%
--
4.33%
--
3.49%
--
2.92%
--

UMMA Top 10 Holdings[View All]

6.85%
4.07%
3.39%
3.38%
3.27%
3.20%
3.10%
2.97%
2.58%
37.00%

UMMA Countries


UMMA
Segment Benchmark
14.29%
13.19%
13.22%
7.26%
11.12%
10.87%
9.56%
10.16%
8.44%
7.18%
7.43%
4.49%
5.96%
2.72%
5.64%
3.62%
4.94%
4.78%
4.60%
1.70%

UMMA Regions


UMMA
Segment Benchmark
48.23%
40.13%
44.37%
45.38%
6.66%
8.79%
0.74%
2.33%
--
3.37%

UMMA Economic Development


UMMA
Segment Benchmark
90.88%
82.16%
9.12%
17.84%

UMMA Performance Statistics

0.89
1.07
1.26
0.93
0.44%
MSCI ACWI ex USA Large Cap Index

UMMA Benchmark Comparison Holdings

95
1074
86
27.55%

UMMA Benchmark Comparison Summary


UMMA
Segment Benchmark
95
1074
$146.49B
$97.33B
17.72
12.37
3.57
1.68
2.12%
3.02%
Medium
Low

UMMA Benchmark Comparison Market Cap Size


UMMA
Segment Benchmark
97.71%
94.19%
0.47%
5.64%
0.00%
0.00%
0.00%
0.00%

Options Strategies for Outcome Investing

A collar strategy is a protective option strategy constructed by writing a call and buying a put with the same expiration date while being long the underlying security.