WELE.DE vs. OM3Y.DE
WELE.DE (Amundi S&P 500 Equal Weight ESG UCITS ETF Acc) and OM3Y.DE (iShares MSCI EM IMI Screened UCITS ETF USD (Dist)) are both exchange-traded funds - WELE.DE is a ESG fund tracking the S&P 500 Equal Weight ESG Leaders Select Index, while OM3Y.DE is a Emerging Markets Equities fund tracking the MSCI Emerging Markets IMI Screened Index. Both are passively managed. Over the past 3 years, WELE.DE returned 12.27%/yr vs 18.82%/yr for OM3Y.DE. At a 0.45 correlation, their price movements are largely independent. Both charge a 0.18% expense ratio.
Performance
WELE.DE vs. OM3Y.DE - Performance Comparison
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Returns By Period
In the year-to-date period, WELE.DE achieves a 12.34% return, which is significantly lower than OM3Y.DE's 22.46% return.
WELE.DE
- 1D
- 0.00%
- 1M
- 1.63%
- 6M
- 9.26%
- YTD
- 12.34%
- 1Y
- 19.69%
- 3Y*
- 12.27%
- 5Y*
- —
- 10Y*
- —
OM3Y.DE
- 1D
- -0.52%
- 1M
- -5.15%
- 6M
- 15.69%
- YTD
- 22.46%
- 1Y
- 36.72%
- 3Y*
- 18.82%
- 5Y*
- 7.56%
- 10Y*
- —
WELE.DE vs. OM3Y.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
WELE.DE Amundi S&P 500 Equal Weight ESG UCITS ETF Acc | 12.34% | 0.70% | 16.40% | 10.64% | 6.78% |
OM3Y.DE iShares MSCI EM IMI Screened UCITS ETF USD (Dist) | 22.46% | 17.76% | 13.99% | 6.72% | -3.92% |
Correlation
The correlation between WELE.DE and OM3Y.DE is 0.44, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.44 |
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
WELE.DE vs. OM3Y.DE — Risk / Return Rank
WELE.DE
OM3Y.DE
WELE.DE vs. OM3Y.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Amundi S&P 500 Equal Weight ESG UCITS ETF Acc (WELE.DE) and iShares MSCI EM IMI Screened UCITS ETF USD (Dist) (OM3Y.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.
| WELE.DE | OM3Y.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.09 | ||
| Sortino ratioReturn per unit of downside risk | -0.01 | ||
| Omega ratioGain probability vs. loss probability | 1.31 | 1.33 | -0.02 |
| Calmar ratioReturn relative to maximum drawdown | 3.15 | 3.28 | -0.13 |
| Martin ratioReturn relative to average drawdown | 10.53 | 10.36 | +0.17 |
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Drawdowns
WELE.DE vs. OM3Y.DE - Drawdown Comparison
The maximum WELE.DE drawdown since its inception was -23.73%, smaller than the maximum OM3Y.DE drawdown of -31.70%. Use the drawdown chart below to compare losses from any high point for WELE.DE and OM3Y.DE.
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Drawdown Indicators
| WELE.DE | OM3Y.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -23.73% | -31.70% | +7.97% |
Max Drawdown (1Y)Largest decline over 1 year | -6.28% | -11.16% | +4.88% |
Max Drawdown (3Y)Largest decline over 3 years | -23.73% | -19.59% | -4.14% |
Max Drawdown (5Y)Largest decline over 5 years | — | -23.39% | — |
Current DrawdownCurrent decline from peak | -1.07% | -8.13% | +7.06% |
Average DrawdownAverage peak-to-trough decline | -5.49% | -8.71% | +3.22% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.88% | 3.54% | -1.66% |
Volatility
WELE.DE vs. OM3Y.DE - Volatility Comparison
The current volatility for Amundi S&P 500 Equal Weight ESG UCITS ETF Acc (WELE.DE) is 3.11%, while iShares MSCI EM IMI Screened UCITS ETF USD (Dist) (OM3Y.DE) has a volatility of 8.73%. This indicates that WELE.DE experiences smaller price fluctuations and is considered to be less risky than OM3Y.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| WELE.DE | OM3Y.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.11% | 8.73% | -5.62% |
Volatility (6M)Calculated over the trailing 6-month period | 7.99% | 17.72% | -9.73% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.42% | 20.15% | -8.73% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.35% | 17.11% | -2.76% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.35% | 19.55% | -5.20% |
WELE.DE vs. OM3Y.DE - Expense Ratio Comparison
Both WELE.DE and OM3Y.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
WELE.DE vs. OM3Y.DE - Dividend Comparison
WELE.DE has not paid dividends to shareholders, while OM3Y.DE's dividend yield for the trailing twelve months is around 1.67%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
OM3Y.DE iShares MSCI EM IMI Screened UCITS ETF USD (Dist) | 1.67% | 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
WELE.DE and OM3Y.DE have a correlation of 0.44, 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.
WELE.DE and OM3Y.DE have the same expense ratio: 0.18% per year.
WELE.DE is categorized as ESG, while OM3Y.DE is Emerging Markets Equities. WELE.DE tracks S&P 500 Equal Weight ESG Leaders Select Index, while OM3Y.DE tracks MSCI Emerging Markets IMI Screened Index. They also come from different issuers: Amundi and iShares.
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