EUPA.DE vs. OM3X.DE
EUPA.DE (Ossiam Shiller Barclays CAPE® Global Sector Value UCITS ETF (USD)) and OM3X.DE (iShares OMX Stockholm Capped UCITS ETF) are both Europe Equities funds - EUPA.DE tracks the Shiller Barclays CAPE® Global Sector while OM3X.DE tracks the OMX Stockholm Benchmark Cap. Both are passively managed. Over the past 3 years, EUPA.DE returned 17.95%/yr vs 14.70%/yr for OM3X.DE. A 0.64 correlation means they provide meaningful diversification when combined. EUPA.DE charges 0.65%/yr vs 0.10%/yr for OM3X.DE.
Performance
EUPA.DE vs. OM3X.DE - Performance Comparison
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Different Trading Currencies
EUPA.DE is traded in EUR, while OM3X.DE is traded in SEK. To make them comparable, the OM3X.DE values have been converted to EUR using the latest available exchange rates.
Returns By Period
In the year-to-date period, EUPA.DE achieves a 8.36% return, which is significantly lower than OM3X.DE's 8.82% return.
EUPA.DE
- 1D
- 0.63%
- 1M
- 0.54%
- YTD
- 8.36%
- 6M
- 9.94%
- 1Y
- 17.10%
- 3Y*
- 17.95%
- 5Y*
- —
- 10Y*
- —
OM3X.DE
- 1D
- 0.88%
- 1M
- 2.47%
- YTD
- 8.82%
- 6M
- 12.81%
- 1Y
- 22.76%
- 3Y*
- 14.70%
- 5Y*
- 5.57%
- 10Y*
- —
EUPA.DE vs. OM3X.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
EUPA.DE Ossiam Shiller Barclays CAPE® Global Sector Value UCITS ETF (USD) | 8.36% | 18.38% | 13.54% | 11.13% |
OM3X.DE iShares OMX Stockholm Capped UCITS ETF | 8.82% | 20.69% | 4.63% | 8.21% |
Correlation
The correlation between EUPA.DE and OM3X.DE is 0.62, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.62 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.65 |
Correlation (All Time) Calculated using the full available price history since Feb 24, 2023 | 0.64 |
The correlation between EUPA.DE and OM3X.DE has been stable across timeframes, ranging from 0.62 to 0.65 - a consistent structural relationship.
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Return for Risk
EUPA.DE vs. OM3X.DE — Risk / Return Rank
EUPA.DE
OM3X.DE
EUPA.DE vs. OM3X.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Ossiam Shiller Barclays CAPE® Global Sector Value UCITS ETF (USD) (EUPA.DE) and iShares OMX Stockholm Capped UCITS ETF (OM3X.DE). 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.
| EUPA.DE | OM3X.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.29 | ||
| Sortino ratioReturn per unit of downside risk | +0.37 | ||
| Omega ratioGain probability vs. loss probability | 1.28 | 1.23 | +0.05 |
| Calmar ratioReturn relative to maximum drawdown | 2.02 | 1.85 | +0.16 |
| Martin ratioReturn relative to average drawdown | 7.49 | 6.61 | +0.88 |
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
| EUPA.DE | OM3X.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.57 | 1.28 | +0.29 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.27 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.30 | 0.47 | +0.83 |
Drawdowns
EUPA.DE vs. OM3X.DE - Drawdown Comparison
The maximum EUPA.DE drawdown since its inception was -10.28%, smaller than the maximum OM3X.DE drawdown of -36.07%. Use the drawdown chart below to compare losses from any high point for EUPA.DE and OM3X.DE.
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Drawdown Indicators
| EUPA.DE | OM3X.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -10.28% | -36.07% | +25.79% |
Max Drawdown (1Y)Largest decline over 1 year | -8.44% | -12.23% | +3.79% |
Max Drawdown (3Y)Largest decline over 3 years | -10.28% | -19.52% | +9.24% |
Max Drawdown (5Y)Largest decline over 5 years | — | -34.97% | — |
Current DrawdownCurrent decline from peak | -2.77% | -1.91% | -0.86% |
Average DrawdownAverage peak-to-trough decline | -1.91% | -9.03% | +7.12% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.28% | 3.43% | -1.15% |
Volatility
EUPA.DE vs. OM3X.DE - Volatility Comparison
The current volatility for Ossiam Shiller Barclays CAPE® Global Sector Value UCITS ETF (USD) (EUPA.DE) is 3.63%, while iShares OMX Stockholm Capped UCITS ETF (OM3X.DE) has a volatility of 5.67%. This indicates that EUPA.DE experiences smaller price fluctuations and is considered to be less risky than OM3X.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| EUPA.DE | OM3X.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.63% | 5.67% | -2.04% |
Volatility (6M)Calculated over the trailing 6-month period | 9.03% | 14.49% | -5.46% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.84% | 17.70% | -6.86% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.40% | 20.48% | -8.08% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 12.40% | 20.18% | -7.78% |
EUPA.DE vs. OM3X.DE - Expense Ratio Comparison
EUPA.DE has a 0.65% expense ratio, which is higher than OM3X.DE's 0.10% expense ratio.
Dividends
EUPA.DE vs. OM3X.DE - Dividend Comparison
Neither EUPA.DE nor OM3X.DE has paid dividends to shareholders.
Frequently Asked Questions
EUPA.DE and OM3X.DE have a correlation of 0.62, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, OM3X.DE is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.
OM3X.DE is cheaper with a 0.10% expense ratio, compared with 0.65% for EUPA.DE.
EUPA.DE tracks Shiller Barclays CAPE® Global Sector, while OM3X.DE tracks OMX Stockholm Benchmark Cap. They also come from different issuers: Franklin Templeton and iShares. Their fees differ too: 0.65% for EUPA.DE and 0.10% for OM3X.DE.
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