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UMMA - ETF AI Analysis
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Wahed Dow Jones Islamic World ETF (UMMA)
Rating:68Neutral
Price Target:
$32.00
Positive Factors
Strong Top Holdings
Several of the largest positions, like TSMC and ASML Holding, have delivered strong year-to-date performance, driving the fund’s returns.
Global Diversification
The ETF offers exposure to a wide range of countries, including the USA, Japan, Switzerland, and the UK, reducing reliance on any single market.
Sector Strength in Technology
With over 33% of the portfolio in technology, the fund benefits from exposure to a sector that has shown strong growth potential.
Negative Factors
High Expense Ratio
The ETF charges a relatively high expense ratio compared to many passive funds, which can eat into long-term returns.
Underperforming Holdings
Some top holdings, like SAP, have shown weak year-to-date performance, potentially dragging on overall fund momentum.
Overweight in Technology
The heavy concentration in technology increases the fund’s sensitivity to downturns in this sector, which could impact performance during market volatility.
UMMA vs. SPDR S&P 500 ETF (SPY)
AUM167.15M
RegionGlobal Ex-U.S.
Expense Ratio0.65%
Beta0.96
IssuerWahed
Inception DateJan 07, 2022
Dividend Yield1.06%
Asset ClassEquity
Index TrackedNo Underlying Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume30,003
30 Day Avg. Volume37,047
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
32.07Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering94
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
UMMA Summary
The Wahed Dow Jones Islamic World ETF (Ticker: UMMA) is an investment fund that focuses on large companies worldwide while following Islamic principles. It includes well-known names like TSMC and Nestlé, and invests heavily in sectors such as technology and healthcare. This ETF is ideal for investors looking to align their financial goals with ethical values while gaining exposure to global markets. However, new investors should be aware that its performance can fluctuate with the broader market, and its focus on specific sectors like technology may add additional risk.
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
The Wahed Dow Jones Islamic World ETF leans heavily on the technology sector, with TSMC and ASML driving much of its recent momentum thanks to strong demand for advanced tech solutions. Nestlé and AstraZeneca provide steady contributions from the consumer and healthcare sectors, while Infineon and SAP have been more mixed, with valuation concerns and lagging performance holding them back. With a global ex-U.S. focus, the fund offers diversified exposure but remains concentrated in tech-heavy names, making it sensitive to shifts in the sector’s fortunes.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| TSMC | 15.87% | $26.96M | $1.26T | 50.21% | 81 Outperform | |
| ASML Holding NV | 4.64% | $7.88M | €350.66B | 48.69% | 78 Outperform | |
| Infineon Technologies AG | 3.73% | $6.34M | €44.49B | 22.83% | 66 Neutral | |
| AstraZeneca | 2.83% | $4.80M | £194.22B | 23.87% | 75 Outperform | |
| SAP SE | 2.76% | $4.69M | €263.83B | 4.97% | 73 Outperform | |
| Nestlé SA | 2.73% | $4.63M | CHF199.41B | 3.13% | 71 Outperform | |
| Novartis AG | 2.60% | $4.42M | CHF193.14B | 7.98% | 78 Outperform | |
| Roche Holding AG | 2.47% | $4.20M | CHF211.66B | 5.60% | 73 Outperform | |
| Hitachi,Ltd. | 1.81% | $3.07M | ¥23.85T | 22.58% | 76 Outperform | |
| Schneider Electric | 1.68% | $2.86M | €134.60B | 0.04% | 75 Outperform |
UMMA Technical Analysis
Neutral
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Price Trends
27.76
Positive
26.96
Positive
25.73
Positive
Market Momentum
0.23
Positive
50.28
Neutral
30.89
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For UMMA, the sentiment is Neutral. The current price of undefined is equal to the 20-day moving average (MA) of 28.62, equal to the 50-day MA of 27.76, and equal to the 200-day MA of 25.73, indicating a neutral trend. The MACD of 0.23 indicates Positive momentum. The RSI at 50.28 is Neutral, neither overbought nor oversold. The STOCH value of 30.89 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for UMMA.
UMMA Peer Comparison
Comparison Results
Performance Comparison
UMMA
Wahed Dow Jones Islamic World ETF
28.42
4.25
17.58%
APIE
ActivePassive International Equity ETF
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WCMI
First Trust WCM International Equity ETF
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CGIC
Capital Group International Core Equity ETF
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MFSI
MFS Active International ETF
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OSEA
Harbor International Compounders 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.
Disclaimer
This 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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