ESENSE.HE vs. OMXS.L
ESENSE.HE (Enersense International Oyj) is a stock, while OMXS.L (iShares OMX Stockholm Capped UCITS ETF) is Europe Equities fund tracking the MSCI Sweden NR SEK. Over the past 5 years, ESENSE.HE returned -15.89%/yr vs 5.47%/yr for OMXS.L. At a 0.15 correlation, their price movements are largely independent.
Performance
ESENSE.HE vs. OMXS.L - Performance Comparison
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Different Trading Currencies
ESENSE.HE is traded in EUR, while OMXS.L is traded in GBp. To make them comparable, the OMXS.L values have been converted to EUR using the latest available exchange rates.
Returns By Period
In the year-to-date period, ESENSE.HE achieves a -1.25% return, which is significantly lower than OMXS.L's 8.60% return.
ESENSE.HE
- 1D
- 0.25%
- 1M
- 22.67%
- YTD
- -1.25%
- 6M
- -2.23%
- 1Y
- 71.00%
- 3Y*
- -9.76%
- 5Y*
- -15.89%
- 10Y*
- —
OMXS.L
- 1D
- -0.13%
- 1M
- -1.33%
- YTD
- 8.60%
- 6M
- 11.55%
- 1Y
- 21.87%
- 3Y*
- 14.42%
- 5Y*
- 5.47%
- 10Y*
- —
ESENSE.HE vs. OMXS.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
ESENSE.HE Enersense International Oyj | -1.25% | 50.94% | -38.94% | -22.12% | -15.60% | -17.59% | 366.29% | -45.23% | -38.68% |
OMXS.L iShares OMX Stockholm Capped UCITS ETF | 8.60% | 19.51% | 4.46% | 17.40% | -25.23% | 32.51% | 17.30% | 28.67% | -6.26% |
Correlation
The correlation between ESENSE.HE and OMXS.L is 0.16, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.16 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.11 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.18 |
Correlation (All Time) Calculated using the full available price history since Apr 25, 2018 | 0.15 |
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Return for Risk
ESENSE.HE vs. OMXS.L — Risk / Return Rank
ESENSE.HE
OMXS.L
ESENSE.HE vs. OMXS.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Enersense International Oyj (ESENSE.HE) and iShares OMX Stockholm Capped UCITS ETF (OMXS.L). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| ESENSE.HE | OMXS.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.47 | ||
| Sortino ratioReturn per unit of downside risk | +0.91 | ||
| Omega ratioGain probability vs. loss probability | 1.30 | 1.22 | +0.08 |
| Calmar ratioReturn relative to maximum drawdown | 2.31 | 1.70 | +0.61 |
| Martin ratioReturn relative to average drawdown | 5.37 | 6.20 | -0.83 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| ESENSE.HE | OMXS.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.68 | 1.21 | +0.47 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.35 | 0.26 | -0.61 |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.06 | 0.46 | -0.52 |
Drawdowns
ESENSE.HE vs. OMXS.L - Drawdown Comparison
The maximum ESENSE.HE drawdown since its inception was -83.36%, which is greater than OMXS.L's maximum drawdown of -35.59%. Use the drawdown chart below to compare losses from any high point for ESENSE.HE and OMXS.L.
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Drawdown Indicators
| ESENSE.HE | OMXS.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -83.36% | -35.59% | -47.77% |
Max Drawdown (1Y)Largest decline over 1 year | -32.31% | -13.01% | -19.30% |
Max Drawdown (3Y)Largest decline over 3 years | -70.41% | -19.26% | -51.15% |
Max Drawdown (5Y)Largest decline over 5 years | -83.36% | -35.29% | -48.07% |
Current DrawdownCurrent decline from peak | -65.32% | -2.67% | -62.65% |
Average DrawdownAverage peak-to-trough decline | -50.65% | -9.05% | -41.60% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 13.87% | 3.58% | +10.29% |
Volatility
ESENSE.HE vs. OMXS.L - Volatility Comparison
Enersense International Oyj (ESENSE.HE) has a higher volatility of 17.05% compared to iShares OMX Stockholm Capped UCITS ETF (OMXS.L) at 6.42%. This indicates that ESENSE.HE's price experiences larger fluctuations and is considered to be riskier than OMXS.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ESENSE.HE | OMXS.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 17.05% | 6.42% | +10.63% |
Volatility (6M)Calculated over the trailing 6-month period | 28.88% | 15.10% | +13.78% |
Volatility (1Y)Calculated over the trailing 1-year period | 44.59% | 18.37% | +26.22% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 45.53% | 21.21% | +24.32% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 55.72% | 20.52% | +35.20% |
Dividends
ESENSE.HE vs. OMXS.L - Dividend Comparison
Neither ESENSE.HE nor OMXS.L has paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
ESENSE.HE Enersense International Oyj | 0.00% | 0.00% | 0.00% | 2.30% | 1.76% |
OMXS.L iShares OMX Stockholm Capped UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
ESENSE.HE and OMXS.L have a correlation of 0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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