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BNPP RICI Enhanced Kupfer (ER) EUR Hedge ETC (0GZB.DE)

ETF · Currency in EUR · Last updated Mar 1, 2024

0GZB.DE is a passive ETF by BNP Paribas tracking the investment results of the RICI Enhanced Copper (EUR Hedged). 0GZB.DE launched on Aug 7, 2019 and has a 1.20% expense ratio.

Summary

ETF Info

ISINDE000PZ9REC4
WKNPZ9REC
IssuerBNP Paribas
Inception DateAug 7, 2019
CategoryMetals
Index TrackedRICI Enhanced Copper (EUR Hedged)
DomicileNetherlands
Distribution PolicyAccumulating
Asset ClassCommodity

Expense Ratio

The BNPP RICI Enhanced Kupfer (ER) EUR Hedge ETC has a high expense ratio of 1.20%, indicating higher-than-average management fees.


1.20%
0.00%2.15%

Share Price Chart


Loading data...

Performance

The chart shows the growth of an initial investment of €10,000 in BNPP RICI Enhanced Kupfer (ER) EUR Hedge ETC, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


30.00%40.00%50.00%60.00%70.00%80.00%OctoberNovemberDecember2024February
40.82%
80.99%
0GZB.DE (BNPP RICI Enhanced Kupfer (ER) EUR Hedge ETC)
Benchmark (^GSPC)

S&P 500

Compare to other instruments

Search for stocks, ETFs, and funds to compare with 0GZB.DE

BNPP RICI Enhanced Kupfer (ER) EUR Hedge ETC

Return

BNPP RICI Enhanced Kupfer (ER) EUR Hedge ETC had a return of -1.49% year-to-date (YTD) and -4.84% in the last 12 months.


PeriodReturnBenchmark
Year-To-Date-1.49%6.84%
1 month-1.69%3.48%
6 months0.89%13.06%
1 year-4.84%28.97%
5 years (annualized)N/A12.72%
10 years (annualized)N/A10.71%

Monthly Returns Heatmap


JanFebMarAprMayJunJulAugSepOctNovDec
20240.35%
2023-4.33%-1.09%-0.97%4.22%0.33%

Risk-Adjusted Performance

This table presents risk-adjusted performance metrics for BNPP RICI Enhanced Kupfer (ER) EUR Hedge ETC (0GZB.DE) and compares them with a selected benchmark (^GSPC). These performance indicators assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.


Sharpe ratioSortino ratioOmega ratioCalmar ratioUlcer Index
0GZB.DE
BNPP RICI Enhanced Kupfer (ER) EUR Hedge ETC
-0.22
^GSPC
S&P 500
2.30

Sharpe Ratio

The current BNPP RICI Enhanced Kupfer (ER) EUR Hedge ETC Sharpe ratio is -0.22. A negative Sharpe ratio means that the risk-free rate is higher than the portfolio's return. This value does not convey any meaningful information.


Rolling 12-month Sharpe Ratio-0.500.000.501.001.502.00OctoberNovemberDecember2024February
-0.22
2.05
0GZB.DE (BNPP RICI Enhanced Kupfer (ER) EUR Hedge ETC)
Benchmark (^GSPC)

Dividend History


BNPP RICI Enhanced Kupfer (ER) EUR Hedge ETC doesn't pay dividends

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way.


-20.00%-15.00%-10.00%-5.00%0.00%OctoberNovemberDecember2024February
-18.42%
0
0GZB.DE (BNPP RICI Enhanced Kupfer (ER) EUR Hedge ETC)
Benchmark (^GSPC)

Worst Drawdowns

The table below displays the maximum drawdowns of the BNPP RICI Enhanced Kupfer (ER) EUR Hedge ETC. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the BNPP RICI Enhanced Kupfer (ER) EUR Hedge ETC was 31.84%, occurring on Jul 14, 2022. The portfolio has not yet recovered.

The current BNPP RICI Enhanced Kupfer (ER) EUR Hedge ETC drawdown is 18.42%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-31.84%Mar 7, 202292Jul 14, 2022
-26.59%Jan 15, 202048Mar 23, 202075Jul 13, 2020123
-15.46%May 12, 202194Sep 21, 2021116Mar 4, 2022210
-6.49%Feb 26, 20218Mar 9, 202127Apr 19, 202135
-6.08%Sep 21, 20209Oct 1, 202013Oct 20, 202022

Volatility Chart

The current BNPP RICI Enhanced Kupfer (ER) EUR Hedge ETC volatility is 4.16%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.


2.00%3.00%4.00%5.00%OctoberNovemberDecember2024February
4.16%
3.77%
0GZB.DE (BNPP RICI Enhanced Kupfer (ER) EUR Hedge ETC)
Benchmark (^GSPC)