XGLF.DE vs. OM3Y.DE
XGLF.DE (Xtrackers MSCI GCC Select Swap UCITS ETF (Acc)) and OM3Y.DE (iShares MSCI EM IMI Screened UCITS ETF USD (Dist)) are both Emerging Markets Equities funds - XGLF.DE tracks the MSCI GCC Countries ex Select Securities Index while OM3Y.DE tracks the MSCI Emerging Markets IMI Screened Index. Both are passively managed. Over the past 5 years, XGLF.DE returned 5.07%/yr vs 6.83%/yr for OM3Y.DE. At a 0.45 correlation, their price movements are largely independent. XGLF.DE charges 0.65%/yr vs 0.18%/yr for OM3Y.DE.
Performance
XGLF.DE vs. OM3Y.DE - Performance Comparison
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Returns By Period
In the year-to-date period, XGLF.DE achieves a 4.58% return, which is significantly lower than OM3Y.DE's 18.31% return.
XGLF.DE
- 1D
- -0.17%
- 1M
- -2.76%
- 6M
- -1.28%
- YTD
- 4.58%
- 1Y
- 2.52%
- 3Y*
- 3.40%
- 5Y*
- 5.07%
- 10Y*
- 7.33%
OM3Y.DE
- 1D
- -2.11%
- 1M
- -8.59%
- 6M
- 11.27%
- YTD
- 18.31%
- 1Y
- 30.50%
- 3Y*
- 17.70%
- 5Y*
- 6.83%
- 10Y*
- —
XGLF.DE vs. OM3Y.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
XGLF.DE Xtrackers MSCI GCC Select Swap UCITS ETF (Acc) | 4.58% | -5.36% | 9.58% | 0.55% | 1.24% | 48.84% | -9.49% | 9.50% | 4.17% |
OM3Y.DE iShares MSCI EM IMI Screened UCITS ETF USD (Dist) | 18.31% | 17.76% | 13.99% | 6.72% | -14.83% | 6.11% | 8.07% | 21.61% | -12.55% |
Correlation
The correlation between XGLF.DE and OM3Y.DE is 0.34, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.34 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.39 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.40 |
Correlation (All Time) Calculated using the full available price history since Oct 19, 2018 | 0.45 |
The correlation between XGLF.DE and OM3Y.DE shifts across timeframes, from 0.34 (1 year) to 0.45 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
XGLF.DE vs. OM3Y.DE — Risk / Return Rank
XGLF.DE
OM3Y.DE
XGLF.DE vs. OM3Y.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers MSCI GCC Select Swap UCITS ETF (Acc) (XGLF.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.
| XGLF.DE | OM3Y.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.30 | ||
| Sortino ratioReturn per unit of downside risk | -1.71 | ||
| Omega ratioGain probability vs. loss probability | 1.05 | 1.28 | -0.23 |
| Calmar ratioReturn relative to maximum drawdown | 0.28 | 2.70 | -2.42 |
| Martin ratioReturn relative to average drawdown | 0.60 | 8.33 | -7.73 |
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Drawdowns
XGLF.DE vs. OM3Y.DE - Drawdown Comparison
The maximum XGLF.DE drawdown since its inception was -42.15%, which is greater than OM3Y.DE's maximum drawdown of -31.70%. Use the drawdown chart below to compare losses from any high point for XGLF.DE and OM3Y.DE.
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Drawdown Indicators
| XGLF.DE | OM3Y.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -42.15% | -31.70% | -10.45% |
Max Drawdown (1Y)Largest decline over 1 year | -9.05% | -11.24% | +2.19% |
Max Drawdown (3Y)Largest decline over 3 years | -18.41% | -19.59% | +1.18% |
Max Drawdown (5Y)Largest decline over 5 years | -31.29% | -23.39% | -7.90% |
Max Drawdown (10Y)Largest decline over 10 years | -35.16% | — | — |
Current DrawdownCurrent decline from peak | -18.93% | -11.24% | -7.69% |
Average DrawdownAverage peak-to-trough decline | -18.25% | -8.72% | -9.53% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.18% | 3.65% | +0.53% |
Volatility
XGLF.DE vs. OM3Y.DE - Volatility Comparison
The current volatility for Xtrackers MSCI GCC Select Swap UCITS ETF (Acc) (XGLF.DE) is 3.12%, while iShares MSCI EM IMI Screened UCITS ETF USD (Dist) (OM3Y.DE) has a volatility of 8.46%. This indicates that XGLF.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
| XGLF.DE | OM3Y.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.12% | 8.46% | -5.34% |
Volatility (6M)Calculated over the trailing 6-month period | 9.08% | 17.84% | -8.76% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.57% | 20.26% | -7.69% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.37% | 17.13% | -1.76% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.33% | 19.56% | -1.23% |
XGLF.DE vs. OM3Y.DE - Expense Ratio Comparison
XGLF.DE has a 0.65% expense ratio, which is higher than OM3Y.DE's 0.18% expense ratio.
Dividends
XGLF.DE vs. OM3Y.DE - Dividend Comparison
XGLF.DE has not paid dividends to shareholders, while OM3Y.DE's dividend yield for the trailing twelve months is around 1.73%.
| 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% |
XGLF.DE Xtrackers MSCI GCC Select Swap UCITS ETF (Acc) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
XGLF.DE and OM3Y.DE have a correlation of 0.34, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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 0.65% for XGLF.DE.
XGLF.DE tracks MSCI GCC Countries ex Select Securities Index, while OM3Y.DE tracks MSCI Emerging Markets IMI Screened Index. They also come from different issuers: Xtrackers and iShares. Their fees differ too: 0.65% for XGLF.DE and 0.18% for OM3Y.DE.
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