BNPP RICI Enhanced Kupfer (ER) EUR Hedge ETC (0GZB.DE)
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.
ETF Info
| ISIN | DE000PZ9REC4 |
|---|---|
| WKN | PZ9REC |
| Issuer | BNP Paribas |
| Inception Date | Aug 7, 2019 |
| Category | Metals |
| Leveraged | 1x |
| Index Tracked | RICI Enhanced Copper (EUR Hedged) |
| Domicile | Netherlands |
| Distribution Policy | Accumulating |
| Asset Class | Commodity |
Expense Ratio
0GZB.DE has a high expense ratio of 1.20%, indicating higher-than-average management fees.
Share Price Chart
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Compare to other instruments
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Popular comparisons: 0GZB.DE vs. SHY, 0GZB.DE vs. VOOG, 0GZB.DE vs. XLK, 0GZB.DE vs. FNGU, 0GZB.DE vs. VOO
Performance
Performance Chart
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.
Returns By Period
BNPP RICI Enhanced Kupfer (ER) EUR Hedge ETC had a return of 18.91% year-to-date (YTD) and 28.05% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 18.91% | 20.57% |
| 1 month | 10.11% | 4.18% |
| 6 months | 8.73% | 10.51% |
| 1 year | 28.05% | 35.06% |
| 5 years (annualized) | 11.69% | 14.29% |
| 10 years (annualized) | N/A | 11.53% |
Monthly Returns
The table below presents the monthly returns of 0GZB.DE, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.35% | -1.84% | 5.43% | 11.48% | 0.74% | -1.99% | -2.20% | -0.15% | 5.04% | 18.91% | |||
| 2023 | 9.56% | -2.98% | -0.13% | -4.22% | -4.94% | 2.50% | 6.85% | -4.33% | -1.09% | -0.97% | 4.22% | 0.33% | 3.72% |
| 2022 | -2.10% | 4.22% | 6.21% | -5.28% | -3.05% | -12.50% | -4.70% | -1.80% | -2.93% | -1.64% | 10.74% | 2.63% | -11.58% |
| 2021 | -0.41% | 14.92% | -2.69% | 11.48% | 5.18% | -8.86% | 4.30% | -2.66% | -7.17% | 5.59% | -0.16% | 1.63% | 20.19% |
| 2020 | -10.04% | 0.33% | -12.45% | 5.28% | 2.90% | 10.66% | 5.95% | 3.26% | 0.52% | 0.46% | 12.73% | 3.05% | 21.59% |
| 2019 | -1.50% | 0.55% | 1.50% | 0.48% | 5.59% | 6.66% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of 0GZB.DE is 34, suggesting that the investment has average results relative to other ETFs in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for BNPP RICI Enhanced Kupfer (ER) EUR Hedge ETC (0GZB.DE) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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. Recovery took 467 trading sessions.
The current BNPP RICI Enhanced Kupfer (ER) EUR Hedge ETC drawdown is 4.22%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -31.84% | Mar 7, 2022 | 92 | Jul 14, 2022 | 467 | May 17, 2024 | 559 |
| -26.59% | Jan 15, 2020 | 48 | Mar 23, 2020 | 75 | Jul 13, 2020 | 123 |
| -15.46% | May 12, 2021 | 94 | Sep 21, 2021 | 116 | Mar 4, 2022 | 210 |
| -14.23% | May 21, 2024 | 57 | Aug 7, 2024 | — | — | — |
| -6.49% | Feb 26, 2021 | 8 | Mar 9, 2021 | 27 | Apr 19, 2021 | 35 |
Volatility
Volatility Chart
The current BNPP RICI Enhanced Kupfer (ER) EUR Hedge ETC volatility is 5.69%, 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.