BNPP RICI Enhanced Industriemetalle (ER) EUR Hedge ETC (0GZD.DE)
0GZD.DE is a passive ETF by BNP Paribas tracking the investment results of the RICI Enhanced Industrial Metals (EUR Hedged). 0GZD.DE launched on Aug 7, 2019 and has a 1.20% expense ratio.
ETF Info
| ISIN | DE000PZ9REM3 |
|---|---|
| WKN | PZ9REM |
| Issuer | BNP Paribas |
| Inception Date | Aug 7, 2019 |
| Category | Metals |
| Leveraged | 1x |
| Index Tracked | RICI Enhanced Industrial Metals (EUR Hedged) |
| Domicile | Netherlands |
| Distribution Policy | Accumulating |
| Asset Class | Commodity |
Expense Ratio
0GZD.DE has a high expense ratio of 1.20%, indicating higher-than-average management fees.
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of €10,000 in BNPP RICI Enhanced Industriemetalle (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 Industriemetalle (ER) EUR Hedge ETC had a return of 9.65% year-to-date (YTD) and 14.87% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 9.65% | 22.95% |
| 1 month | 2.70% | 4.39% |
| 6 months | -0.73% | 18.07% |
| 1 year | 14.87% | 37.09% |
| 5 years (annualized) | 6.82% | 14.48% |
| 10 years (annualized) | N/A | 11.71% |
Monthly Returns
The table below presents the monthly returns of 0GZD.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 | -1.59% | -1.61% | 2.67% | 10.69% | 1.74% | -2.77% | -4.80% | 2.60% | 4.65% | 9.65% | |||
| 2023 | 5.28% | -5.67% | -0.55% | -2.32% | -6.68% | 1.04% | 6.50% | -3.65% | 1.34% | -3.17% | 0.42% | 3.38% | -4.91% |
| 2022 | 2.06% | 7.11% | 9.87% | -6.86% | -4.94% | -13.23% | 0.24% | -2.99% | -4.81% | -1.53% | 13.18% | 1.95% | -2.95% |
| 2021 | -0.98% | 9.37% | -1.84% | 8.90% | 3.79% | -3.80% | 4.48% | 0.22% | -3.00% | 3.50% | -0.74% | 3.07% | 24.31% |
| 2020 | -6.86% | -2.11% | -9.38% | 0.93% | 2.10% | 6.00% | 6.43% | 5.02% | -2.31% | 1.91% | 9.86% | 0.74% | 11.15% |
| 2019 | -0.54% | 1.00% | 1.53% | -3.68% | 3.20% | 1.38% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of 0GZD.DE is 19, indicating that it is in the bottom 19% of ETFs on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for BNPP RICI Enhanced Industriemetalle (ER) EUR Hedge ETC (0GZD.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 Industriemetalle (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 Industriemetalle (ER) EUR Hedge ETC was 39.86%, occurring on Sep 27, 2022. The portfolio has not yet recovered.
The current BNPP RICI Enhanced Industriemetalle (ER) EUR Hedge ETC drawdown is 26.66%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -39.86% | Mar 9, 2022 | 143 | Sep 27, 2022 | — | — | — |
| -21.9% | Oct 30, 2019 | 98 | Mar 23, 2020 | 147 | Oct 21, 2020 | 245 |
| -10.56% | Oct 18, 2021 | 14 | Nov 4, 2021 | 68 | Feb 10, 2022 | 82 |
| -6.66% | May 10, 2021 | 29 | Jun 18, 2021 | 29 | Jul 29, 2021 | 58 |
| -6.34% | Feb 26, 2021 | 8 | Mar 9, 2021 | 31 | Apr 23, 2021 | 39 |
Volatility
Volatility Chart
The current BNPP RICI Enhanced Industriemetalle (ER) EUR Hedge ETC volatility is 4.35%, 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.