OM3X.DE vs. S6X0.DE
OM3X.DE (iShares OMX Stockholm Capped UCITS ETF) and S6X0.DE (Invesco EURO STOXX 50 UCITS ETF Dist) are both Europe Equities funds - OM3X.DE tracks the OMX Stockholm Benchmark Cap while S6X0.DE tracks the EURO STOXX 50. Both are passively managed. Over the past 5 years, OM3X.DE returned 7.19%/yr vs 13.12%/yr for S6X0.DE. A 0.64 correlation means they provide meaningful diversification when combined. OM3X.DE charges 0.10%/yr vs 0.05%/yr for S6X0.DE.
Performance
OM3X.DE vs. S6X0.DE - Performance Comparison
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Different Trading Currencies
OM3X.DE is traded in SEK, while S6X0.DE is traded in EUR. To make them comparable, the S6X0.DE values have been converted to SEK using the latest available exchange rates.
Returns By Period
In the year-to-date period, OM3X.DE achieves a 9.44% return, which is significantly higher than S6X0.DE's 8.13% return.
OM3X.DE
- 1D
- 0.38%
- 1M
- -0.04%
- YTD
- 9.44%
- 6M
- 10.91%
- 1Y
- 21.25%
- 3Y*
- 12.08%
- 5Y*
- 7.19%
- 10Y*
- —
S6X0.DE
- 1D
- 0.50%
- 1M
- 2.25%
- YTD
- 8.13%
- 6M
- 8.14%
- 1Y
- 14.90%
- 3Y*
- 13.04%
- 5Y*
- 13.12%
- 10Y*
- 12.21%
OM3X.DE vs. S6X0.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
OM3X.DE iShares OMX Stockholm Capped UCITS ETF | 9.44% | 13.47% | 7.86% | 17.11% | -19.54% | 35.76% | 12.08% | 32.23% | -4.51% | 9.87% |
S6X0.DE Invesco EURO STOXX 50 UCITS ETF Dist | 8.13% | 14.84% | 14.34% | 22.31% | -0.93% | 25.07% | -6.79% | 32.87% | -11.15% | 16.93% |
Correlation
The correlation between OM3X.DE and S6X0.DE is 0.76, 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 | 0.76 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.72 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.73 |
Correlation (All Time) Calculated using the full available price history since Dec 20, 2016 | 0.64 |
The correlation between OM3X.DE and S6X0.DE shifts across timeframes, from 0.64 (all time) to 0.76 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
OM3X.DE vs. S6X0.DE — Risk / Return Rank
OM3X.DE
S6X0.DE
OM3X.DE vs. S6X0.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares OMX Stockholm Capped UCITS ETF (OM3X.DE) and Invesco EURO STOXX 50 UCITS ETF Dist (S6X0.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.
| OM3X.DE | S6X0.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.39 | ||
| Sortino ratioReturn per unit of downside risk | +0.50 | ||
| Omega ratioGain probability vs. loss probability | 1.25 | 1.18 | +0.07 |
| Calmar ratioReturn relative to maximum drawdown | 1.94 | 1.60 | +0.34 |
| Martin ratioReturn relative to average drawdown | 7.36 | 5.36 | +1.99 |
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
| OM3X.DE | S6X0.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.39 | 1.01 | +0.39 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.41 | 0.79 | -0.38 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.79 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.61 | 0.56 | +0.06 |
Drawdowns
OM3X.DE vs. S6X0.DE - Drawdown Comparison
The maximum OM3X.DE drawdown since its inception was -32.86%, smaller than the maximum S6X0.DE drawdown of -40.68%. Use the drawdown chart below to compare losses from any high point for OM3X.DE and S6X0.DE.
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Drawdown Indicators
| OM3X.DE | S6X0.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -32.86% | -40.68% | +7.82% |
Max Drawdown (1Y)Largest decline over 1 year | -11.13% | -9.51% | -1.62% |
Max Drawdown (3Y)Largest decline over 3 years | -21.33% | -18.49% | -2.84% |
Max Drawdown (5Y)Largest decline over 5 years | -30.41% | -18.57% | -11.84% |
Max Drawdown (10Y)Largest decline over 10 years | — | -35.08% | — |
Current DrawdownCurrent decline from peak | -1.57% | 0.00% | -1.57% |
Average DrawdownAverage peak-to-trough decline | -6.77% | -7.50% | +0.73% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.95% | 2.84% | +0.11% |
Volatility
OM3X.DE vs. S6X0.DE - Volatility Comparison
iShares OMX Stockholm Capped UCITS ETF (OM3X.DE) has a higher volatility of 4.70% compared to Invesco EURO STOXX 50 UCITS ETF Dist (S6X0.DE) at 4.03%. This indicates that OM3X.DE's price experiences larger fluctuations and is considered to be riskier than S6X0.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| OM3X.DE | S6X0.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.70% | 4.03% | +0.67% |
Volatility (6M)Calculated over the trailing 6-month period | 12.50% | 11.82% | +0.68% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.55% | 15.08% | +0.47% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.45% | 16.60% | +0.85% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.49% | 19.31% | -1.82% |
OM3X.DE vs. S6X0.DE - Expense Ratio Comparison
OM3X.DE has a 0.10% expense ratio, which is higher than S6X0.DE's 0.05% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
OM3X.DE vs. S6X0.DE - Dividend Comparison
OM3X.DE has not paid dividends to shareholders, while S6X0.DE's dividend yield for the trailing twelve months is around 2.78%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
OM3X.DE iShares OMX Stockholm Capped UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
S6X0.DE Invesco EURO STOXX 50 UCITS ETF Dist | 2.78% | 2.99% | 3.38% | 3.17% | 3.10% | 2.47% | 2.53% | 3.48% | 3.69% | 2.92% | 3.18% | 3.05% |
Frequently Asked Questions
OM3X.DE and S6X0.DE have a correlation of 0.76, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, S6X0.DE is cheaper at 0.05% per year. The better choice depends on whether you care most about return, fees, risk, or income.
S6X0.DE is cheaper with a 0.05% expense ratio, compared with 0.10% for OM3X.DE.
OM3X.DE tracks OMX Stockholm Benchmark Cap, while S6X0.DE tracks EURO STOXX 50. They also come from different issuers: iShares and Invesco. Their fees differ too: 0.10% for OM3X.DE and 0.05% for S6X0.DE.
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