UMMA stock forecast, quote, news & analysis

The most notable companies in this group are Taiwan Semiconductor Manufacturing Company Ltd (NYSE:TSM), AstraZeneca PLC (NASDAQ:AZN), PDD Holdings (NASDAQ:PDD), BHP Group Limited (NYSE:BHP), Shopify (NYSE:SHOP), Canadian Natural Resources Limited (NYSE:CNQ), JD.com (NASDAQ:JD), Vale SA (NYSE:VALE), Suncor Energy (NYSE:SU), American Airlines Group (NASDAQ:AAL).

The investment seeks long-term capital appreciation. The fund is an actively-managed exchange-traded fund (“ETF”) that seeks to invests in equity securities 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”). The adviser seeks to invest the fund’s 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”). The fund is non-diversified.

The average market capitalization across the Wahed Dow Jones Islamic World ETF ETF is 90.31B. The market cap for tickers in the group ranges from 3.51M to 824.08B. TSM holds the highest valuation in this group at 824.08B. The lowest valued company is NOVN at 3.51M.

The average weekly price growth across all stocks in the Wahed Dow Jones Islamic World ETF ETF was -3%. For the same ETF, the average monthly price growth was -5%, and the average quarterly price growth was -3%. SHOP experienced the highest price growth at 25%, while DSY experienced the biggest fall at -21%.

The average weekly volume growth across all stocks in the Wahed Dow Jones Islamic World ETF ETF was -17%. For the same stocks of the ETF, the average monthly volume growth was -14% and the average quarterly volume growth was 10%