Company Data

Wahed Dow Jones Islamic World ETF

Ticker
UMMA
Current Price
$25.58 -0.54%
Market Cap
$126.6M
Price Target
Refer to Report
Volume
10.2K
52wk Range
$22.02 - $26.44
Advanced Market Data

Overview

The Wahed Dow Jones Islamic World ETF (the Fund) seeks long-term capital appreciation. The Fund is an actively-managed exchange-traded fund (ETF) that seeks to achieve its investment objective by investing in equity securities, including common stock and American Depositary Receipts (ADRs), of global companies (excluding U.S. domiciled companies) the characteristics of which meet the requirements of Shariah and are consistent with Islamic principles as interpreted by subject-matter experts (each, a Shariah Compliant Company). Wahed Invest LLC (the Adviser), the Funds investment adviser, seeks to invest the Funds assets in securities similar to the components of, and to achieve returns similar to those of, the Dow Jones Islamic Market International Titans 100 Index (the Index).

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