UMMA vs ACV

Comparison between WAHED DOW JONES ISLAMIC WORLD ETF (UMMA, ETF) and Virtus Diversified Income & Convertible Fund (ACV, ETF).

5-Year PerformanceUMMA has outperformed ACV, delivering a return of +9.9% compared to +9.5%

UMMA vs ACV - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	UMMA(ETF)	ACV(ETF)
Net Assets	$301M	$301M
Expense Ratio	0.65%	N/A
Max Drawdown	35.35%	54.50%
Sharpe Ratio	1.37	1.53
5Y Beta	0.98	0.79
5Y Dividends CAGR	N/A	1.34%

Net Assets

Winner

UMMA

$301M

ACV

$301M

Expense Ratio

UMMA

0.65%

ACV

N/A

Max Drawdown

Winner

UMMA

35.35%

ACV

54.50%

Sharpe Ratio

UMMA

1.37

Winner

ACV

1.53

5Y Beta

UMMA

0.98

Winner

ACV

0.79

5Y Dividends CAGR

UMMA

N/A

ACV

1.34%

UMMA vs ACV - Historical Returns

Returns include dividend reinvestment.

Period	UMMA	ACV
1 month	-8.83%	-1.56%
3 months	+10.24%	+7.64%
6 months	+17.76%	+4.03%
1 year	+39.92%	+33.38%
5 years(CAGR)	+9.92%	+9.51%
10 years(CAGR)	N/A	+16.20%
Max(CAGR)	+9.92%	+12.52%

UMMA

-8.83%

Winner

ACV

-1.56%

Winner

UMMA

+10.24%

ACV

+7.64%

Winner

UMMA

+17.76%

ACV

+4.03%

Winner

UMMA

+39.92%

ACV

+33.38%

5Y(CAGR)

Winner

UMMA

+9.92%

ACV

+9.51%

10Y(CAGR)

UMMA

N/A

ACV

+16.20%

Max(CAGR)

UMMA

+9.92%

Winner

ACV

+12.52%

UMMA vs ACV - Annual Returns (2015 - 2026)

Returns include dividend reinvestment.

Year	UMMA	ACV
2026	+21.74%	+9.49%
2025	+26.56%	+33.26%
2024	+6.71%	+16.23%
2023	+18.29%	+25.47%
2022	-21.65%	-35.51%
2021	N/A	+26.49%
2020	N/A	+45.25%
2019	N/A	+41.62%
2018	N/A	-7.92%
2017	N/A	+27.59%
2016	N/A	+17.13%
2015	N/A	-23.42%

UMMA vs ACV Drawdown Comparison

The maximum drawdown for UMMA was -34.19%, occurring on Oct 14, 2022. Recovery took 587 trading sessions.

The maximum drawdown for ACV was -53.61%, occurring on Mar 18, 2020. Recovery took 116 trading sessions.

The current UMMA drawdown is -8.83%. The current ACV drawdown is -2.68%.

Rank	UMMA	ACV
#1	-34.19% Jan 12, 2022 - May 15, 2024	-53.61% Feb 19, 2020 - Aug 4, 2020
#2	-18.72% Sep 26, 2024 - Jun 4, 2025	-48.80% Jan 13, 2022 - Oct 8, 2025
#3	-14.92% Feb 25, 2026 - May 5, 2026	-36.80% May 26, 2015 - Apr 10, 2017
#4	-11.06% Jun 22, 2026 - Jul 20, 2026	-28.23% Oct 2, 2018 - Apr 30, 2019
#5	-10.15% Jul 16, 2024 - Sep 26, 2024	-15.69% Feb 16, 2021 - Jul 1, 2021
#6	-7.35% Jun 2, 2026 - Jun 18, 2026	-14.80% Jan 28, 2026 - May 13, 2026
#7	-5.79% Oct 20, 2025 - Dec 5, 2025	-11.22% Nov 15, 2021 - Dec 23, 2021
#8	-5.61% Jul 23, 2025 - Sep 15, 2025	-11.16% May 9, 2019 - Jul 10, 2019
#9	-4.46% Oct 6, 2025 - Oct 20, 2025	-10.11% Sep 7, 2021 - Nov 3, 2021
#10	-3.89% Jun 12, 2025 - Jun 27, 2025	-9.75% Sep 2, 2020 - Oct 9, 2020
#11	-3.60% Dec 10, 2025 - Dec 24, 2025	-9.37% Oct 12, 2020 - Nov 6, 2020
#12	-3.37% May 14, 2026 - May 21, 2026	-8.91% Jan 26, 2018 - Mar 14, 2018
#13	-2.94% Jan 28, 2026 - Feb 6, 2026	-8.49% Aug 21, 2019 - Nov 6, 2019
#14	-2.52% Jan 7, 2022 - Jan 12, 2022	-8.02% Jul 9, 2021 - Aug 9, 2021
#15	-2.50% Jan 16, 2026 - Jan 23, 2026	-6.42% Jul 25, 2017 - Oct 4, 2017

Correlation

Correlation between UMMA and ACV is 0.96 which considered as a very strong positive correlation - the stocks move almost identically together.

0.96

-101

Dividend Comparison (2015 - 2026)

UMMA vs ACV dividend yield comparison.

Year	UMMA	ACV
2026	0.34%	4.59%
2025	1.02%	9.68%
2024	0.91%	9.84%
2023	1.09%	10.30%
2022	1.77%	12.69%
2021	0.00%	24.19%
2020	0.00%	7.28%
2019	0.00%	8.15%
2018	0.00%	10.76%
2017	0.00%	9.18%
2016	0.00%	10.67%
2015	0.00%	5.52%