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iShares MSCI USA ESG Enhanced UCITS ETF USD (Dist) (OM3L.DE) Diversifiers

ETF · Currency in EUR · Last updated Jun 5, 2026

OM3L.DE is a passive ETF by iShares tracking the investment results of the MSCI USA ESG Enhanced Focus. OM3L.DE launched on Mar 6, 2019 and has a 0.07% expense ratio.

Looking to diversify beyond OM3L.DE? The ETFs below have the lowest correlation with OM3L.DE — they tend to move on their own, which can help reduce risk when the rest of your portfolio drops. The stock ideas table highlights individual companies that behave independently from OM3L.DE.

Best Diversifiers for OM3L.DE

0 ETFs have low correlation with OM3L.DE (below 0.3), 0 of which are negatively correlated. The least correlated is iShares Edge MSCI USA Multifactor UCITS ETF (IBCY.DE) (Large Cap Blend Equities) with a 1Y correlation of 0.56, down from 0.89 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
IBCY.DE
iShares Edge MSCI USA Multifactor UCITS ETF0.560.840.89
72
Large Cap Blend EquitiesOM3L.DE vs IBCY.DE
ISPA.DE
iShares STOXX Global Select Dividend 100 UCITS ETF...0.570.540.62
93
Global Equities, DividendOM3L.DE vs ISPA.DE
IS3N.DE
iShares Core MSCI Emerging Markets IMI UCITS ETF (...0.670.580.57
82
Emerging Markets EquitiesOM3L.DE vs IS3N.DE
USUE.DE
UBS ETF (IE) MSCI USA Select Factor Mix UCITS ETF ...0.720.810.87
66
Large Cap Blend EquitiesOM3L.DE vs USUE.DE
SEC0.DE
iShares MSCI Global Semiconductors UCITS ETF USD (...0.720.740.75
97
Semiconductors, Technology EquitiesOM3L.DE vs SEC0.DE
See all 26 diversifiers for OM3L.DE

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Diversification Analysis

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