Halal ETF comparison
UMMA vs WSHR: Which Halal ETF?
UMMA and WSHR are both halal but cover different asset classes — UMMA is global developed-market equity while WSHR is global developed-market equity (quality / low-volatility) — so many investors hold both for diversification rather than choosing one.
| UMMA | WSHR | |
|---|---|---|
| Full name | Wahed Dow Jones Islamic World ETF | Wealthsimple Shariah World Equity Index ETF |
| Issuer | Wahed | Wealthsimple |
| Focus | Global developed-market equity | Global developed-market equity (quality / low-volatility) |
| Region | Global | Global (Canada-listed, WSHR.NE) |
| Index tracked | Dow Jones Islamic Market International Titans / World | Dow Jones Islamic Market Developed Markets Quality & Low Volatility Index |
| Expense ratio | 0.65% | See provider |
| Shariah screening | Dow Jones Islamic Market screening (Wahed) | Rating Intelligence (semiannual Shariah review) |
This compares stable fund attributes. Current AUM, dividend yield, and 1y/3y performance change daily — check each provider's page or your brokerage for live figures.
UMMA vs WSHR — FAQ
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Disclaimer: This is an informational comparison of fund attributes, not financial advice or a recommendation. Fund details can change — verify with the provider. Automated and issuer screening does not replace scholarly review.