SPWO vs UMMA
SP Funds S&P World (ex-US) ETF against Wahed Dow Jones Islamic World ETF: cost, size, returns, what they hold and how much of it is the same.
Overlap by weight
28%
28 shared positions
Fee gap
10 bp
SPWO is cheaper
1-year return gap
7.0 pts
UMMA is ahead
Larger fund
UMMA
$296M
Side by side
| SPWO | UMMA | |
|---|---|---|
| Fund | SP Funds S&P World (ex-US) ETF | Wahed Dow Jones Islamic World ETF |
| Issuer | SP | Wahed |
| Category | Developed ex-US | ESG & Values |
| Expense ratio | 0.55% | 0.65% |
| Assets | $243M | $296M |
| Average daily dollar volume | $2.6M | $1.8M |
| Listed | Dec 19, 2023 | Jan 6, 2022 |
| FrenzyCap score | 48 | 38 |
| 1-month return | +1.9% | +1.2% |
| 3-month return | +3.6% | +1.6% |
| Year to date | +23.0% | +24.9% |
| 1-year return | +21.9% | +28.9% |
| 30-day volatility | 18.9% | 18.1% |
| Worst drawdown, 1 year | −13.8% | −15.3% |
| Trailing 12-month yield | 1.05% | 0.76% |
| Holdings | 377 | 95 |
| Top 10 weight | 39.6% | 48.8% |
| Look-through P/E | — | — |
| Holdings vs fair value | — | — |
| Holdings above 200-day average | — | — |
| Net flow, latest 3 reported months | +$42M thru Jul 2026 | +$24M thru May 2026 |
| 30-day implied volatility | — | — |
| Holdings as of | as of Apr 30, 2026SEC filing | as of May 31, 2026SEC filing |
Returns are price returns and exclude distributions. Flows are each fund's own latest reported months and may not cover the same period.
Largest shared holdings
38% of SPWO · 47% of UMMA| Holding | SPWO | UMMA |
|---|---|---|
| TSM | 19.45% | 10.04% |
| Samsung Electronics Co Ltd | 3.80% | 8.24% |
| ASML Holding NV | 2.86% | 5.32% |
| SK hynix Inc | 2.41% | 8.14% |
| AstraZeneca PLC | 1.49% | 2.56% |
| ABB Ltd | 0.80% | 1.50% |
| PDD | 0.91% | 0.56% |
| CNQ | 0.51% | 0.86% |
| INFY | 0.50% | 0.65% |
| AEM | 0.49% | 0.76% |
| Keyence Corp | 0.47% | 0.92% |
| SU | 0.42% | 1.06% |
| CP | 0.40% | 0.71% |
| JD | 0.51% | 0.37% |
| CNI | 0.32% | 0.57% |
| WPM | 0.29% | 0.50% |
| CCJ | 0.27% | 0.42% |
| ATLKY | 0.25% | 0.67% |
| Goodman Group | 0.22% | 0.43% |
| Rio Tinto Ltd | 0.22% | 0.45% |
| WCN | 0.22% | 0.34% |
| Ferrari NV | 0.20% | 0.37% |
| Alcon AG | 0.19% | 0.29% |
| DLMAF | 0.18% | 0.30% |
| F | 0.16% | 0.36% |
Sector mix of the stock holdings
| Sector | SPWO | UMMA | Gap |
|---|---|---|---|
| Technology | 22.2% | 10.7% | +11.6% |
| Industrials | 6.0% | 2.1% | +3.9% |
| Materials | 3.7% | 2.3% | +1.4% |
| Health Care | 3.6% | 0.0% | +3.6% |
| Energy | 1.2% | 1.9% | −0.7% |
| Consumer Discretionary | 0.9% | 0.7% | +0.2% |
| Consumer Staples | 0.9% | 0.0% | +0.9% |
| Utilities | 0.2% | 0.3% | −0.1% |
| Communication Services | 0.3% | 0.0% | +0.3% |
| Real Estate | 0.0% | 0.0% | +0.0% |
More: full overlap table · SPWO holdings · UMMA holdings
Fund data comes from each fund's SEC filings and issuer disclosures and is shown with the date it is as of. SEC portfolio and flow filings become public about 60 days after the period they cover. Nothing here is investment advice; see Terms.