OM3Y.DE vs. WELE.DE
OM3Y.DE (iShares MSCI EM IMI Screened UCITS ETF USD (Dist)) and WELE.DE (Amundi S&P 500 Equal Weight ESG UCITS ETF Acc) are both exchange-traded funds - OM3Y.DE is a Emerging Markets Equities fund tracking the MSCI Emerging Markets IMI Screened Index, while WELE.DE is a ESG fund tracking the S&P 500 Equal Weight ESG Leaders Select Index. Both are passively managed. Over the past 3 years, OM3Y.DE returned 17.70%/yr vs 12.20%/yr for WELE.DE. At a 0.45 correlation, their price movements are largely independent. Both charge a 0.18% expense ratio.
Performance
OM3Y.DE vs. WELE.DE - Performance Comparison
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Returns By Period
In the year-to-date period, OM3Y.DE achieves a 18.31% return, which is significantly higher than WELE.DE's 13.29% return.
OM3Y.DE
- 1D
- -2.11%
- 1M
- -8.59%
- 6M
- 11.27%
- YTD
- 18.31%
- 1Y
- 30.50%
- 3Y*
- 17.70%
- 5Y*
- 6.83%
- 10Y*
- —
WELE.DE
- 1D
- 0.00%
- 1M
- 2.66%
- 6M
- 9.14%
- YTD
- 13.29%
- 1Y
- 20.30%
- 3Y*
- 12.20%
- 5Y*
- —
- 10Y*
- —
OM3Y.DE vs. WELE.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
OM3Y.DE iShares MSCI EM IMI Screened UCITS ETF USD (Dist) | 18.31% | 17.76% | 13.99% | 6.72% | -3.92% |
WELE.DE Amundi S&P 500 Equal Weight ESG UCITS ETF Acc | 13.29% | 0.70% | 16.40% | 10.64% | 6.78% |
Correlation
The correlation between OM3Y.DE and WELE.DE is 0.42, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.42 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.45 |
Correlation (All Time) Calculated using the full available price history since Jun 21, 2022 | 0.45 |
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Return for Risk
OM3Y.DE vs. WELE.DE — Risk / Return Rank
OM3Y.DE
WELE.DE
OM3Y.DE vs. WELE.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 Amundi S&P 500 Equal Weight ESG UCITS ETF Acc (WELE.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 | WELE.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.36 | ||
| Sortino ratioReturn per unit of downside risk | -0.52 | ||
| Omega ratioGain probability vs. loss probability | 1.28 | 1.33 | -0.06 |
| Calmar ratioReturn relative to maximum drawdown | 2.70 | 3.25 | -0.55 |
| Martin ratioReturn relative to average drawdown | 8.33 | 10.86 | -2.53 |
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Drawdowns
OM3Y.DE vs. WELE.DE - Drawdown Comparison
The maximum OM3Y.DE drawdown since its inception was -31.70%, which is greater than WELE.DE's maximum drawdown of -23.73%. Use the drawdown chart below to compare losses from any high point for OM3Y.DE and WELE.DE.
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Drawdown Indicators
| OM3Y.DE | WELE.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -31.70% | -23.73% | -7.97% |
Max Drawdown (1Y)Largest decline over 1 year | -11.24% | -6.28% | -4.96% |
Max Drawdown (3Y)Largest decline over 3 years | -19.59% | -23.73% | +4.14% |
Max Drawdown (5Y)Largest decline over 5 years | -23.39% | — | — |
Current DrawdownCurrent decline from peak | -11.24% | -0.23% | -11.01% |
Average DrawdownAverage peak-to-trough decline | -8.72% | -5.48% | -3.24% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.65% | 1.87% | +1.78% |
Volatility
OM3Y.DE vs. WELE.DE - Volatility Comparison
iShares MSCI EM IMI Screened UCITS ETF USD (Dist) (OM3Y.DE) has a higher volatility of 8.46% compared to Amundi S&P 500 Equal Weight ESG UCITS ETF Acc (WELE.DE) at 3.17%. This indicates that OM3Y.DE's price experiences larger fluctuations and is considered to be riskier than WELE.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| OM3Y.DE | WELE.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.46% | 3.17% | +5.29% |
Volatility (6M)Calculated over the trailing 6-month period | 17.84% | 7.89% | +9.95% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.26% | 11.22% | +9.04% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.13% | 14.34% | +2.79% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.56% | 14.34% | +5.22% |
OM3Y.DE vs. WELE.DE - Expense Ratio Comparison
Both OM3Y.DE and WELE.DE have an expense ratio of 0.18%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Dividends
OM3Y.DE vs. WELE.DE - Dividend Comparison
OM3Y.DE's dividend yield for the trailing twelve months is around 1.73%, while WELE.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
OM3Y.DE iShares MSCI EM IMI Screened UCITS ETF USD (Dist) | 1.73% | 1.98% | 2.33% | 2.35% | 2.59% | 1.82% | 1.58% | 2.23% |
WELE.DE Amundi S&P 500 Equal Weight ESG UCITS ETF Acc | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
OM3Y.DE and WELE.DE have a correlation of 0.42, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 0.18% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
OM3Y.DE and WELE.DE have the same expense ratio: 0.18% per year.
OM3Y.DE is categorized as Emerging Markets Equities, while WELE.DE is ESG. OM3Y.DE tracks MSCI Emerging Markets IMI Screened Index, while WELE.DE tracks S&P 500 Equal Weight ESG Leaders Select Index. They also come from different issuers: iShares and Amundi.
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