OM3Y.DE vs. H41E.DE
OM3Y.DE (iShares MSCI EM IMI Screened UCITS ETF USD (Dist)) and H41E.DE (HSBC MSCI Emerging Markets Value ESG UCITS ETF USD (Acc)) are both Emerging Markets Equities funds - OM3Y.DE tracks the MSCI Emerging Markets IMI Screened Index while H41E.DE tracks the MSCI Emerging Markets Value SRI ESG Target Select. Both are passively managed. Over the past 3 years, OM3Y.DE returned 19.94%/yr vs 26.60%/yr for H41E.DE. Their correlation of 0.93 suggests significant overlap in exposure. OM3Y.DE charges 0.18%/yr vs 0.35%/yr for H41E.DE.
Performance
OM3Y.DE vs. H41E.DE - Performance Comparison
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Returns By Period
In the year-to-date period, OM3Y.DE achieves a 27.24% return, which is significantly lower than H41E.DE's 36.54% return.
OM3Y.DE
- 1D
- 2.31%
- 1M
- -0.96%
- 6M
- 24.29%
- YTD
- 27.24%
- 1Y
- 43.57%
- 3Y*
- 19.94%
- 5Y*
- 8.21%
- 10Y*
- —
H41E.DE
- 1D
- 0.00%
- 1M
- -3.57%
- 6M
- 33.19%
- YTD
- 36.54%
- 1Y
- 60.16%
- 3Y*
- 26.60%
- 5Y*
- —
- 10Y*
- —
OM3Y.DE vs. H41E.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
OM3Y.DE iShares MSCI EM IMI Screened UCITS ETF USD (Dist) | 27.24% | 17.76% | 13.99% | 6.72% | -2.55% |
H41E.DE HSBC MSCI Emerging Markets Value ESG UCITS ETF USD (Acc) | 36.54% | 22.02% | 17.74% | 11.43% | -2.13% |
Correlation
The correlation between OM3Y.DE and H41E.DE is 0.94, 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 | 0.94 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.93 |
Correlation (All Time) Calculated using the full available price history since Dec 9, 2022 | 0.93 |
The correlation between OM3Y.DE and H41E.DE has been stable across timeframes, ranging from 0.93 to 0.94 - a consistent structural relationship.
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Return for Risk
OM3Y.DE vs. H41E.DE — Risk / Return Rank
OM3Y.DE
H41E.DE
OM3Y.DE vs. H41E.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI EM IMI Screened UCITS ETF USD (Dist) (OM3Y.DE) and HSBC MSCI Emerging Markets Value ESG UCITS ETF USD (Acc) (H41E.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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| OM3Y.DE | H41E.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.85 | ||
| Sortino ratioReturn per unit of downside risk | -0.93 | ||
| Omega ratioGain probability vs. loss probability | 1.40 | 1.54 | -0.14 |
| Calmar ratioReturn relative to maximum drawdown | 3.89 | 6.17 | -2.28 |
| Martin ratioReturn relative to average drawdown | 13.16 | 19.26 | -6.09 |
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Drawdowns
OM3Y.DE vs. H41E.DE - Drawdown Comparison
The maximum OM3Y.DE drawdown since its inception was -31.70%, which is greater than H41E.DE's maximum drawdown of -20.92%. Use the drawdown chart below to compare losses from any high point for OM3Y.DE and H41E.DE.
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Drawdown Indicators
| OM3Y.DE | H41E.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -31.70% | -20.92% | -10.78% |
Max Drawdown (1Y)Largest decline over 1 year | -11.16% | -9.80% | -1.36% |
Max Drawdown (3Y)Largest decline over 3 years | -19.59% | -20.92% | +1.33% |
Max Drawdown (5Y)Largest decline over 5 years | -23.39% | — | — |
Current DrawdownCurrent decline from peak | -4.55% | -8.20% | +3.65% |
Average DrawdownAverage peak-to-trough decline | -8.72% | -3.13% | -5.59% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.30% | 3.13% | +0.17% |
Volatility
OM3Y.DE vs. H41E.DE - Volatility Comparison
iShares MSCI EM IMI Screened UCITS ETF USD (Dist) (OM3Y.DE) and HSBC MSCI Emerging Markets Value ESG UCITS ETF USD (Acc) (H41E.DE) have volatilities of 9.28% and 9.36%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| OM3Y.DE | H41E.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.28% | 9.36% | -0.08% |
Volatility (6M)Calculated over the trailing 6-month period | 17.14% | 16.87% | +0.27% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.60% | 19.74% | -0.14% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.02% | 16.62% | +0.40% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.51% | 16.62% | +2.89% |
OM3Y.DE vs. H41E.DE - Expense Ratio Comparison
OM3Y.DE has a 0.18% expense ratio, which is lower than H41E.DE's 0.35% expense ratio.
Dividends
OM3Y.DE vs. H41E.DE - Dividend Comparison
OM3Y.DE's dividend yield for the trailing twelve months is around 1.61%, while H41E.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
H41E.DE HSBC MSCI Emerging Markets Value ESG UCITS ETF USD (Acc) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
OM3Y.DE iShares MSCI EM IMI Screened UCITS ETF USD (Dist) | 1.61% | 1.98% | 2.33% | 2.35% | 2.59% | 1.82% | 1.58% | 2.23% |
Frequently Asked Questions
With a correlation of 0.94, OM3Y.DE and H41E.DE move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
On fees, OM3Y.DE is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.
OM3Y.DE is cheaper with a 0.18% expense ratio, compared with 0.35% for H41E.DE.
OM3Y.DE tracks MSCI Emerging Markets IMI Screened Index, while H41E.DE tracks MSCI Emerging Markets Value SRI ESG Target Select. They also come from different issuers: iShares and HSBC. Their fees differ too: 0.18% for OM3Y.DE and 0.35% for H41E.DE.
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