UMMA vs VTI
Wahed Dow Jones Islamic World ETF vs Vanguard Morningstar Total Stock Market ETF
Quick Verdict
VTI has a lower expense ratio. UMMA delivered stronger 1-year returns. VTI offers more diversification with 3,543 holdings.
Side-by-Side Comparison
| Metric | UMMA | VTI | Winner |
|---|---|---|---|
| Expense Ratio | 0.65% | 0.03% | |
| AUM | $303M | $666.9B | |
| Dividend Yield | 0.98% | 1.07% | |
| Holdings | 95 | 3,543 | |
| YTD Return | +25.93% | +13.14% | |
| 1Y Return | +46.54% | +22.35% | |
| 3Y Return (annualized) | +23.26% | +21.83% | |
| 5Y Return (annualized) | - | +12.01% | |
| Volatility (annualized) | 20.8% | 15.3% | |
| Max Drawdown | -34.2% | -56.6% | |
| Fund Family | Wahed Invest | Vanguard (US) | |
| Category | Equity | Equity | |
| Inception | Jan 6, 2022 | May 24, 2001 |
UMMA vs VTI Performance
Wahed Dow Jones Islamic World ETF (UMMA) is a ETF from Wahed Invest and Vanguard Morningstar Total Stock Market ETF (VTI) is a ETF from Vanguard (US). Over the past year UMMA returned +46.54% while VTI returned +22.35%. Year to date, UMMA is up 25.93% versus a gain of 13.14% for VTI.
Over three years, UMMA compounded at +23.26% per year against +21.83% for VTI. Across the full 5-year window we track, UMMA has the edge at +10.55% annualized vs +8.09%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
UMMA has been the more volatile fund, with annualized monthly volatility of 20.8% compared with 15.3% for VTI. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -34.2% for UMMA and -56.6% for VTI. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.79. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
UMMA charges 0.65% per year while VTI charges 0.03%. On a $10,000 position that is $65 vs $3 annually, a gap of $62 per year that compounds over a long holding period. On income, UMMA currently yields 0.98% against 1.07% for VTI.
Holdings Overlap
UMMA and VTI share 0 holdings out of 2877 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, UMMA or VTI?
UMMA has an expense ratio of 0.65% while VTI charges 0.03%. VTI is the cheaper option. On a $10,000 investment, that is $62 per year of difference.
Which performed better, UMMA or VTI?
Over the past year UMMA returned +46.54% vs +22.35% for VTI, so UMMA leads on 1-year performance. Over the longest common window we track (5 years), UMMA annualized +10.55% vs +8.09% for VTI. Past performance does not guarantee future results.
Which is riskier, UMMA or VTI?
UMMA has been the more volatile fund at 20.8% annualized versus 15.3% for VTI. Worst drawdown: UMMA -34.2% vs VTI -56.6%.
Should I hold both UMMA and VTI?
UMMA and VTI have a monthly-return correlation of 0.79, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between UMMA and VTI?
UMMA and VTI share 0 common holdings with a 0.0% weight overlap. Combined, they hold 2877 unique securities.
Which pays a higher dividend, UMMA or VTI?
UMMA yields 0.98% while VTI yields 1.07%, so VTI currently pays the higher dividend yield.
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