OM3L.DE vs. QDVE.DE
OM3L.DE (iShares MSCI USA ESG Enhanced UCITS ETF USD (Dist)) and QDVE.DE (iShares S&P 500 Information Technology Sector UCITS ETF) are both exchange-traded funds - OM3L.DE is a Large Cap Blend Equities fund tracking the MSCI USA ESG Enhanced Focus, while QDVE.DE is a Technology Equities fund tracking the S&P 500 Capped 35/20 Information Technology Index. Both are passively managed. Over the past 5 years, OM3L.DE returned 13.77%/yr vs 25.33%/yr for QDVE.DE. Their correlation of 0.88 suggests significant overlap in exposure. OM3L.DE charges 0.07%/yr vs 0.15%/yr for QDVE.DE.
Performance
OM3L.DE vs. QDVE.DE - Performance Comparison
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Returns By Period
In the year-to-date period, OM3L.DE achieves a 10.41% return, which is significantly lower than QDVE.DE's 24.06% return.
OM3L.DE
- 1D
- -0.11%
- 1M
- 4.57%
- YTD
- 10.41%
- 6M
- 9.75%
- 1Y
- 23.08%
- 3Y*
- 17.98%
- 5Y*
- 13.77%
- 10Y*
- —
QDVE.DE
- 1D
- -2.26%
- 1M
- 11.84%
- YTD
- 24.06%
- 6M
- 22.46%
- 1Y
- 48.25%
- 3Y*
- 30.81%
- 5Y*
- 25.33%
- 10Y*
- 26.04%
OM3L.DE vs. QDVE.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
OM3L.DE iShares MSCI USA ESG Enhanced UCITS ETF USD (Dist) | 10.41% | 2.65% | 31.09% | 23.69% | -16.09% | 40.76% | 12.80% | 15.18% |
QDVE.DE iShares S&P 500 Information Technology Sector UCITS ETF | 24.06% | 9.99% | 46.12% | 54.14% | -25.83% | 46.77% | 29.69% | 20.79% |
Correlation
The correlation between OM3L.DE and QDVE.DE is 0.86, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.86 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.86 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.88 |
Correlation (All Time) Calculated using the full available price history since May 8, 2019 | 0.88 |
The correlation between OM3L.DE and QDVE.DE has been stable across timeframes, ranging from 0.86 to 0.88 - a consistent structural relationship.
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Return for Risk
OM3L.DE vs. QDVE.DE — Risk / Return Rank
OM3L.DE
QDVE.DE
OM3L.DE vs. QDVE.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI USA ESG Enhanced UCITS ETF USD (Dist) (OM3L.DE) and iShares S&P 500 Information Technology Sector UCITS ETF (QDVE.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.
| OM3L.DE | QDVE.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.47 | ||
| Sortino ratioReturn per unit of downside risk | -0.45 | ||
| Omega ratioGain probability vs. loss probability | 1.36 | 1.39 | -0.03 |
| Calmar ratioReturn relative to maximum drawdown | 2.84 | 3.14 | -0.30 |
| Martin ratioReturn relative to average drawdown | 9.78 | 8.31 | +1.47 |
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
| OM3L.DE | QDVE.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.93 | 2.40 | -0.47 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.88 | 1.10 | -0.23 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 1.19 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.90 | 1.07 | -0.17 |
Drawdowns
OM3L.DE vs. QDVE.DE - Drawdown Comparison
The maximum OM3L.DE drawdown since its inception was -33.35%, which is greater than QDVE.DE's maximum drawdown of -31.45%. Use the drawdown chart below to compare losses from any high point for OM3L.DE and QDVE.DE.
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Drawdown Indicators
| OM3L.DE | QDVE.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.35% | -31.45% | -1.90% |
Max Drawdown (1Y)Largest decline over 1 year | -8.14% | -15.59% | +7.45% |
Max Drawdown (3Y)Largest decline over 3 years | -24.21% | -29.83% | +5.62% |
Max Drawdown (5Y)Largest decline over 5 years | -24.21% | -29.83% | +5.62% |
Max Drawdown (10Y)Largest decline over 10 years | — | -31.45% | — |
Current DrawdownCurrent decline from peak | -0.41% | -3.08% | +2.67% |
Average DrawdownAverage peak-to-trough decline | -5.01% | -5.80% | +0.79% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.37% | 5.91% | -3.54% |
Volatility
OM3L.DE vs. QDVE.DE - Volatility Comparison
The current volatility for iShares MSCI USA ESG Enhanced UCITS ETF USD (Dist) (OM3L.DE) is 2.71%, while iShares S&P 500 Information Technology Sector UCITS ETF (QDVE.DE) has a volatility of 7.12%. This indicates that OM3L.DE experiences smaller price fluctuations and is considered to be less risky than QDVE.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| OM3L.DE | QDVE.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.71% | 7.12% | -4.41% |
Volatility (6M)Calculated over the trailing 6-month period | 7.82% | 14.85% | -7.03% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.99% | 20.42% | -8.43% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.55% | 22.71% | -7.16% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.40% | 21.73% | -4.33% |
OM3L.DE vs. QDVE.DE - Expense Ratio Comparison
OM3L.DE has a 0.07% expense ratio, which is lower than QDVE.DE's 0.15% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
OM3L.DE vs. QDVE.DE - Dividend Comparison
OM3L.DE's dividend yield for the trailing twelve months is around 0.81%, while QDVE.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
OM3L.DE iShares MSCI USA ESG Enhanced UCITS ETF USD (Dist) | 0.81% | 0.89% | 0.99% | 2.46% | 2.99% | 2.12% | 2.86% | 2.21% |
QDVE.DE iShares S&P 500 Information Technology Sector UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
OM3L.DE and QDVE.DE have a correlation of 0.86, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, OM3L.DE is cheaper at 0.07% per year. The better choice depends on whether you care most about return, fees, risk, or income.
OM3L.DE is cheaper with a 0.07% expense ratio, compared with 0.15% for QDVE.DE.
OM3L.DE is categorized as Large Cap Blend Equities, while QDVE.DE is Technology Equities. OM3L.DE tracks MSCI USA ESG Enhanced Focus, while QDVE.DE tracks S&P 500 Capped 35/20 Information Technology Index. Their fees differ too: 0.07% for OM3L.DE and 0.15% for QDVE.DE.
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