CWI vs UMMA: holdings overlap, shared companies and scores
As of October 9, 2026, CWI and UMMA overlap 26.4% by weight. State Street SPDR MSCI ACWI ex-US ETF (CWI): International equities outside the U.S. Wahed Dow Jones Islamic World ETF (UMMA): International Shariah-compliant stocks.
Updated October 9, 2026
Where CWI and UMMA trade against their own history
CWI trades at 16.3 times earnings, against its own median of 15.6, and is more expensive than 70% of its own last 9 years.
UMMA trades at 21.4 times earnings, against its own median of 22.8, and is cheaper than 57% of its own last 5 years.
What moved UMMA this week
UMMA fell 2.1% in the week to October 9, 2026. The holdings that moved it most were SK Hynix (−8.3%), Samsung Electronics (−4.7%) and Taiwan Semiconductor (−4.1%); Advantest (+7.3%) pushed the other way.
What do CWI and UMMA each hold?
What's inside CWI: Tech 23%, Semiconductors 13%.
16% of CWI is its ten largest holdings.
What's inside UMMA: Tech 47%, Semiconductors 26%.
41% of UMMA is its ten largest holdings.
How much do CWI and UMMA overlap? 26.4% by weight
As of October 9, 2026, CWI and UMMA overlap 26.4% by weight.
26% of CWI is already inside UMMA.
97% of UMMA is already inside CWI.
CWI holds 1,095 companies and UMMA holds 93; 86 are in both.
Computed by ETF Copilot from both funds' holdings rather than quoted from a data provider, and rebuilt nightly.
How does ETF Copilot score CWI and UMMA? 5.0 and 7.4 out of 10
As of October 9, 2026, ETF Copilot scores CWI 5.0 out of 10 and UMMA 7.4 out of 10.
They differ most on Growth: CWI 5.3 and UMMA 9.3.
The five factor scores behind them are set out below, 0–10 and higher is better, ranked against every US equity ETF we track.
| Factor | CWI | UMMA |
|---|---|---|
| Growth | 5.3 | 9.3 |
| Value | 2.4 | 5.6 |
| Risk | 6.0 | 3.3 |
| Quality | 6.1 | 9.4 |
| Return | 5.2 | 8.1 |
CWI is the cheaper of the two at 0.30% a year
As of October 9, 2026, CWI charges 0.30% a year, yields 2.69% and holds $2.9B in assets across 1095 positions.
As of October 9, 2026, UMMA charges 0.65% a year, yields 0.75% and holds $304M in assets across 93 positions.
| Measure | CWI | UMMA |
|---|---|---|
| Expense ratio | 0.30% | 0.65% |
| Dividend yield | 2.69% | 0.75% |
| Assets under management | $2.9B | $304M |
| Holdings | 1095 | 93 |
Expense ratio, dividend yield and assets under management are reported by the fund and refreshed daily. Every other figure on this page is computed by ETF Copilot.
Cite this
ETF Copilot, “CWI vs UMMA holdings overlap and scores”, as of October 9, 2026.
https://etf-copilot.com/compare/cwi-vs-umma
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