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UMMA - ETF AI Analysis
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Wahed Dow Jones Islamic World ETF (UMMA)
Rating:66Neutral
Price Target:―
Positive Factors
Strong Recent Performance
The ETF has shown solid gains over the past month, three months, and year-to-date, indicating positive recent momentum.
Leading Technology Exposure
A large allocation to technology, including strong-performing chip and software companies among the top holdings, has been a key driver of returns.
Global Diversification
Holdings spread across major markets such as the U.S., Japan, Switzerland, the UK, and several European and Asia-Pacific countries help reduce reliance on any single economy.
Negative Factors
High Stock Concentration
The largest holding makes up a sizable share of the fund, which increases the impact that one company’s performance can have on overall returns.
Mixed Performance Among Top Holdings
Some significant positions, particularly in healthcare and consumer staples, have been weak or lagging, which can drag on the ETF’s overall performance.
Above-Average Expense Ratio
The fund’s expense ratio is relatively high for an ETF, meaning more of the gross return is lost to fees each year.
UMMA vs. SPDR S&P 500 ETF (SPY)
AUM224.54M
RegionGlobal Ex-U.S.
Expense Ratio0.65%
Beta0.92
IssuerWahed
Inception DateJan 07, 2022
Dividend Yield0.9%
Asset ClassEquity
Index TrackedNo Underlying Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume34,907
30 Day Avg. Volume41,172
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
36.81Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering89
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, Shariah-compliant companies, aiming to match ethical values with long-term growth. It doesn’t track a traditional index, but follows an Islamic investing approach and holds well-known names like TSMC, ASML, Roche, AstraZeneca, Novartis, Nestlé, and SAP. The ETF is spread across many countries and sectors, with a big focus on technology and healthcare, which can offer growth and diversification. A key risk is that it is heavily tilted toward tech stocks and global 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 firmly in the driver’s seat and ASML and Infineon adding extra horsepower to the fund’s recent upswing. Health care giants like Roche, AstraZeneca, and Novartis provide a steadier backbone, helping smooth out volatility while still trending positively. Nestlé adds a defensive, slow-and-steady flavor, and BHP’s rise gives a lift from the materials side. The main drag is SAP, which has been losing steam lately, but overall the ETF leans on non-U.S. tech and pharma leaders to propel performance.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| TSMC | 16.14% | $35.38M | $1.57T | 86.91% | 81 Outperform | |
| ASML Holding NV | 5.44% | $11.92M | €475.49B | 74.46% | 76 Outperform | |
| Infineon Technologies AG | 4.34% | $9.52M | €59.98B | 30.82% | 67 Neutral | |
| Roche Holding AG | 3.14% | $6.88M | CHF294.84B | 46.01% | 73 Outperform | |
| AstraZeneca | 3.08% | $6.75M | $323.92B | 30.42% | 80 Outperform | |
| Novartis AG | 2.96% | $6.49M | CHF242.43B | 28.84% | 80 Outperform | |
| Nestlé SA | 2.56% | $5.61M | CHF198.29B | 10.92% | 71 Outperform | |
| BHP Group Ltd | 1.85% | $4.05M | AU$265.54B | 50.41% | 68 Neutral | |
| SAP SE | 1.81% | $3.97M | €197.41B | -36.18% | 66 Neutral | |
| Schneider Electric | 1.57% | $3.44M | €147.11B | 0.62% | 62 Neutral |
UMMA Technical Analysis
Positive
―
Price Trends
31.26
Positive
29.88
Positive
27.99
Positive
Market Momentum
0.74
Negative
68.00
Neutral
84.61
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 32.85, equal to the 50-day MA of 31.26, and equal to the 200-day MA of 27.99, indicating a bullish trend. The MACD of 0.74 indicates Negative momentum. The RSI at 68.00 is Neutral, neither overbought nor oversold. The STOCH value of 84.61 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
33.91
8.94
35.80%
MFSI
MFS Active International ETF
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―
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OSEA
Harbor International Compounders ETF
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―
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QLTI
GMO International Quality ETF
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AVDS
Avantis International Small Cap Equity ETF
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MTRA
Invesco International Growth Focus 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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