UMMA - ETF AI Analysis
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Wahed Dow Jones Islamic World ETF (UMMA)
Rating:60Neutral
Price Target:―
Positive Factors
Strong Year-to-Date Performance
The ETF has delivered strong gains so far this year, suggesting its strategy and holdings have recently worked well for investors.
Leading Semiconductor Holdings
Several of the largest positions are major global chipmakers that have shown strong performance, helping drive the fund’s returns.
Broad Global Diversification
Holdings spread across multiple countries and regions, rather than being concentrated in one market, help reduce the impact of local economic shocks.
Negative Factors
High Technology and General Sector Exposure
A large share of the portfolio is tied to technology and a broad “general” bucket, which can make the fund more sensitive to swings in those areas.
Recent Short-Term Pullback
The ETF has experienced a weak recent one-month stretch, which may signal higher short-term volatility.
Above-Average Expense Ratio
The fund’s expense ratio is on the higher side for an ETF, meaning more of the returns are used to cover fees instead of going to investors.
UMMA vs. SPDR S&P 500 ETF (SPY)
AUM288.45M
RegionGlobal Ex-U.S.
Expense Ratio0.65%
Beta1.01
IssuerWahed
Inception DateJan 07, 2022
Dividend Yield0.99%
Asset ClassEquity
Index TrackedNo Underlying Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume43,961
30 Day Avg. Volume49,570
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
47.41Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering91
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
UMMA Summary
The Wahed Dow Jones Islamic World ETF (UMMA) is a global fund that invests in large companies around the world while following Islamic (Shariah) principles. It doesn’t track a traditional index, but it focuses on big, established firms in many countries and sectors, with a strong tilt toward technology and healthcare. Well-known holdings include Samsung Electronics and TSMC. Someone might invest in UMMA to seek long-term growth while aligning their money with faith-based or ethical values and gaining international diversification. A key risk is that it’s heavily exposed to tech and global stock markets, so its price can rise and fall significantly over time.
How much will it cost me?The Wahed Dow Jones Islamic World ETF (UMMA) has an expense ratio of 0.65%, which means you’ll pay $6.50 per year for every $1,000 invested. This is higher than average because it is actively managed to ensure compliance with Shariah principles, requiring additional research and screening. It’s a good option for investors seeking ethical and faith-based investments.
What would affect this ETF?The Wahed Dow Jones Islamic World ETF (UMMA) could benefit from growth in the technology and healthcare sectors, which make up a significant portion of its holdings, especially as global demand for innovation and medical advancements continues to rise. However, potential risks include economic slowdowns or regulatory changes in key regions outside the U.S., as well as fluctuations in large-cap company performance, which could impact the ETF's returns. Additionally, its focus on Shariah compliance may limit exposure to certain industries, potentially affecting diversification during market shifts.
UMMA Top 10 Holdings
UMMA is riding a powerful global semiconductor wave, with TSMC, ASML, Infineon, Murata, and Tokyo Electron acting as the fund’s main growth engine. These chip and equipment makers have mostly been rising, with Murata and Tokyo Electron in particular giving the portfolio extra lift, though ASML and Infineon have seen some mixed, stop-and-go momentum. On the defensive side, health care names like AstraZeneca and Roche are more steady than exciting, occasionally lagging and softening the overall punch. The fund is globally diversified outside the U.S., but clearly leans into tech hardware and chip manufacturing.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Samsung Electronics | 8.24% | $23.46M | ₩10.00T> | 230.73% | ― | |
| SK hynix Inc. | 6.24% | $17.76M | ₩10.00T> | 507.36% | ― | |
| TSMC | 5.26% | $14.96M | $1.95T | 69.92% | 81 Outperform | |
| ASML Holding NV | 4.39% | $12.48M | €547.84B | 135.43% | 76 Outperform | |
| Constellation Software | 3.62% | $10.31M | C$63.64B | -36.35% | 72 Outperform | |
| Infineon Technologies AG | 3.28% | $9.35M | €80.26B | 79.39% | 67 Neutral | |
| Roche Holding AG | 3.13% | $8.91M | $348.49B | 38.24% | 73 Outperform | |
| Novartis AG | 2.73% | $7.77M | CHF231.75B | 31.63% | 80 Outperform | |
| AstraZeneca | 2.68% | $7.62M | $263.99B | 3.27% | 80 Outperform | |
| Unilever | 2.68% | $7.62M | £102.18B | -5.69% | 72 Outperform |
UMMA Technical Analysis
Positive
―
Price Trends
37.54
Negative
35.57
Positive
32.99
Positive
Market Momentum
-0.18
Negative
52.68
Neutral
86.44
Negative
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For UMMA, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 36.24, equal to the 50-day MA of 37.54, and equal to the 200-day MA of 32.99, indicating a neutral trend. The MACD of -0.18 indicates Negative momentum. The RSI at 52.68 is Neutral, neither overbought nor oversold. The STOCH value of 86.44 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for UMMA.
UMMA Peer Comparison
Comparison Results
Performance Comparison
UMMA
Wahed Dow Jones Islamic World ETF
37.04
11.14
43.01%
OSEA
Harbor International Compounders ETF
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BRIE
MFS Blended Research International Equity ETF
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AVDS
Avantis International Small Cap Equity ETF
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―
―
QLTI
GMO International Quality ETF
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IDYN
iShares International Equity Factor Rotation Active ETF
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Glossary
BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
DisclaimerThis AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―
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