EMM vs. UMMA ETF Comparison

Comparison of Global X Emerging Markets ETF (EMM) to Wahed Dow Jones Islamic World ETF (UMMA)

EMM

Global X Emerging Markets ETF

EMM Description

EMM seeks long-term capital growth by investing in companies believed to be able to achieve and maintain a leading position within their respective country, region, industry, products produce, or services provided. The belief is that emerging markets have the potential for higher levels of growth based on the occurrence of socio-economic changes. Thus, an opportunistic approach to investing in companies considered to be best positioned to benefit from these changes. The funds investable universe is limited to emerging market stocks that meet minimum trading volume and market capitalization requirements. The selection process also considers advantageous-competitive strategies and share-holder beneficial practices and philosophies. The portfolio is constructed using a bottom-up fundamental analysis, subject to a risk management framework. The fund may engage in active and frequent trading. On May 15, 2023, EMM converted from a mutual fund to an actively managed ETF, with $18 million in assets.

Grade (RS Rating)

Last Trade

$28.36

Average Daily Volume

2,986

Number of Holdings ^*

3

* may have additional holdings in another (foreign) market

UMMA

Wahed Dow Jones Islamic World ETF

UMMA Description

Wahed Dow Jones Islamic World ETF is a Shariah-compliant exchange traded fund launched by Listed Funds Trust. The fund is managed by Wahed Invest LLC. It invests in public equity markets of global ex-US region. The fund invests in stocks of companies operating across diversified sectors. It invests in growth and value stocks of companies across diversified market capitalization. The fund invests in stocks of companies that are deemed socially conscious in their business dealings and directly promote environmental responsibility. The fund seeks to benchmark the performance of its portfolio against the Dow Jones Islamic Market International Titans 100 Index. Wahed Dow Jones Islamic World ETF was formed on January 7, 2022 and is domiciled in the United States.

Grade (RS Rating)

Last Trade

$25.39

Average Daily Volume

26,842

Number of Holdings ^*

12

* may have additional holdings in another (foreign) market

Performance

Period	EMM	UMMA
30 Days	-1.06%	0.36%
60 Days	1.01%	3.42%
90 Days	-0.49%	2.56%
12 Months	15.46%	23.11%

1 Overlapping Holdings

	Symbol	Grade	Weight in EMM	Weight in UMMA	Overlap
	TSM	C	9.79%	9.94%	9.79%

EMM Overweight 2 Positions Relative to UMMA

	Symbol	Grade	Weight
	IBN	B	3.28%
	HDB	C	2.04%

EMM Underweight 11 Positions Relative to UMMA

	Symbol	Grade	Weight
	SHOP	C	-3.72%
	NVS	C	-2.91%
	UL	C	-2.05%
	JD	C	-1.92%
	ABBV	C	-1.13%
	PDD	F	-0.89%
	CNI	D	-0.86%
	WCN	D	-0.61%
	VALE	D	-0.48%
	GOLD	C	-0.45%
	ARGX	C	-0.4%

EMM: Top Represented Industries & Keywords

Industries: Banks - Regional - Asia Semiconductors

Keywords: Bank Banking Cash Management Investment Banking Retail Banking Business Loans Car Loans Cement Services Cheque Commercial Banking Corporate Advisory Services Currency Custodial Services Deposit Products Financial Products Foreign Exchange Services Fullerton Securities Home Insurance Integrated Circuits Investment Banking Services

UMMA: Top Represented Industries & Keywords

Industries: Drug Manufacturers - Major Specialty Retail Biotechnology Gold Household & Personal Products Industrial Metals & Minerals Railroads Semiconductors Software - Application Waste Management

Keywords: Autoimmune Disease Eye Care Products Ferrous Gas Exploration Mining Nasdaq 100 Natural Gas Exploration Pharmaceutical Retailing S&P/Tsx 60 Index Active Pharmaceutical Ingredients Acute Myeloid Leukemia Adalimumab Advanced Prostate Cancer Alloys Aluminum Metal Aluminum Products Anemia Animal Health Antibiotics