UMMA vs VTI
Wahed Dow Jones Islamic World ETF vs Vanguard Morningstar Total Stock Market ETF
Which is better, UMMA or VTI?
Each has led over a different period.
VTI has a lower expense ratio. UMMA led over 1Y and 3Y, VTI over the full window. VTI is less concentrated, with 33.3% of the fund in its ten largest positions against 43.4%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | UMMA | VTI |
|---|---|---|
| Expense Ratio | 0.65% | 0.03%Best |
| AUM | $294M | $690.1B |
| Dividend Yield | 0.96% | 1.03% |
| Holdings | 191 | 3,524 |
| YTD Return | +25.84%Best | +13.35% |
| 1Y Return | +34.51%Best | +15.92% |
| 3Y Return (annualized) | +25.59%Best | +23.41% |
| 5Y Return (annualized) | - | +12.83% |
| Volatility (annualized) | 20.4% | 15.7%Best |
| Max Drawdown | -34.2% | -23.9%Best |
| $10,000 over 4.7 years | $15,826 | $17,034Best |
| Top 10 Weight | 43.4% | 33.3%Best |
| Fund Family | Wahed Invest | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Jan 6, 2022 | May 24, 2001 |
Volatility and max drawdown, and the $10,000 over 4.7 years row, are measured over the window both funds cover: Jan 7, 2022 to Oct 2, 2026 (4.7 years).
UMMA vs VTI growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 4.7 years both funds cover.
UMMA vs VTI Performance
Wahed Dow Jones Islamic World ETF (UMMA) is an ETF from Wahed Invest and Vanguard Morningstar Total Stock Market ETF (VTI) is an ETF from Vanguard (US). Over the past year UMMA returned +34.51% while VTI returned +15.92%. Year to date, UMMA is up 25.84% versus a gain of 13.35% for VTI.
Over three years, UMMA compounded at +25.59% per year against +23.41% for VTI.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
UMMA has been the more volatile fund, with annualized monthly volatility of 20.4% compared with 15.7% 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 -23.9% for VTI. Drawdown depth is what each fund did in the worst stretch of the window measured above.
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 0.96% against 1.03% for VTI.
Holdings Overlap
0.4% of UMMA's money is in holdings VTI also owns. 0.1% of VTI's money is in holdings UMMA also owns.
We cannot see either book well enough to say how much of this pair is duplicated.
The two holdings books were reported 46 days apart, UMMA as of Sep 15, 2026 and VTI as of Jul 31, 2026, so some of the difference between them is the time between the two reports rather than the funds.
1 positions in common, counted across the 94 positions we hold weights for in UMMA and 3,463 in VTI, against full books of 191 and 3,524.
What only one of them owns
Our book lists 1,150 positions for VTI that do not appear in our book for UMMA (97.5% of the fund), and 3 for UMMA that do not appear in VTI (1.4%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in UMMA | Weight in VTI | Difference |
|---|---|---|---|
| WCN:CAWaste Connections Inc Common Stock Cad 0 | 0.38% | 0.06% | 0.32% |
You are not choosing between two funds in isolation.
Whichever of UMMA and VTI you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
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, by $62 a year on a $10,000 investment.
Which performed better, UMMA or VTI?
Over the past year UMMA returned +34.51% vs +15.92% for VTI, so UMMA leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, UMMA or VTI?
UMMA has been the more volatile fund at 20.4% annualized versus 15.7% for VTI. Worst drawdown: UMMA -34.2% vs VTI -23.9%.
Should I hold both UMMA and VTI?
UMMA and VTI have a monthly-return correlation of 0.79, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, UMMA or VTI?
UMMA yields 0.96% while VTI yields 1.03%, so VTI currently pays the higher dividend yield.
Is VTI better than UMMA?
VTI has a lower expense ratio. UMMA led over 1Y and 3Y, VTI over the full window. VTI is less concentrated, with 33.3% of the fund in its ten largest positions against 43.4%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.