lag 1dρ -0.23holdout -0.17stable 88%$/day $129krobust
UMMA Listed Funds Trust Wahed Dow Jones Islamic World ETF
- Last close
- 33.85
- 504-day return
- +40.57%
- Median $/day
- $1.0M
- Relationships shown
- 17
- Leader rank
- #911
together opposite · bar = ρ at each lag, −10 … 0 … +10 days · holdout ρ · click a card for the full picture
UMMA vs CGGO
Both indexed to 100 at 2026-05-11.
Follows UMMA
These tend to repeat UMMA's moves later.
Moves with UMMA
Same day, ranked by what's left after the market and sector factors are removed ("beyond mkt").
ρ +0.89beyond mkt +0.50holdout +0.95stable 100%robust
ρ +0.89beyond mkt +0.45holdout +0.91stable 100%robust
ρ +0.76beyond mkt +0.43holdout +0.76stable 100%robust
ρ +0.89beyond mkt +0.40holdout +0.93stable 100%robust
ρ +0.75beyond mkt +0.33holdout +0.90stable 100%robust
ρ +0.35beyond mkt +0.12holdout +0.09stable 75%moderate
Moves against UMMA
ρ -0.31beyond mkt +0.08holdout -0.40stable 75%robust
ρ -0.60beyond mkt +0.07holdout -0.60stable 100%robust
ρ -0.46beyond mkt +0.06holdout -0.40stable 100%robust
ρ -0.51beyond mkt +0.04holdout -0.49stable 100%robust
ρ -0.70beyond mkt -0.03holdout -0.86stable 100%robust
Weekly, not daily
No day-to-day relationship, but 5- or 10-day returns move together.
horizon 10dρ +0.42holdout +0.11stable 75%moderate
horizon 10dρ +0.38holdout +0.25stable 62%moderate
horizon 10dρ +0.36holdout +0.39stable 38%moderate
horizon 5dρ +0.34holdout +0.26stable 75%robust
horizon 5dρ +0.30holdout +0.18stable 50%moderate
Changed this quarter
Biggest shifts in same-day correlation over the last 63 trading days versus the year before.
Δ -0.71recent -0.28prior +0.43beyond mkt -0.01
Δ -0.57recent +0.05prior +0.62beyond mkt +0.03
Δ -0.55recent -0.19prior +0.36beyond mkt -0.08
Δ -0.55recent -0.38prior +0.17beyond mkt -0.02
Δ -0.54recent -0.11prior +0.43beyond mkt -0.00
Δ -0.54recent -0.12prior +0.42beyond mkt +0.00
Hidden links
Strong beyond-the-market co-movement with few shared neighbours.