PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan

BNP Paribas Easy S&P 500 UCITS ETF (ESE.PA) Sharpe Ratio: 1.92

ETF · Currency in EUR · Last updated Jul 21, 2026

ESE.PA is a passive ETF by BNP Paribas tracking the investment results of the S&P 500 Index. ESE.PA launched on Sep 16, 2013 and has a 0.15% expense ratio.

ESE.PA's Sharpe Ratio of 1.92 indicates that for each unit of volatility, it generates 1.92 units of excess return above the risk-free rate. The ratio is calculated using historical daily returns over the past 12 months (as of Jul 21, 2026).

Sharpe uses total volatility (standard deviation) which includes both upside and downside price movements, making it useful for comparing risk-adjusted returns across different assets. For how to read this number and when it can mislead, see Sharpe Ratio Explained.

ESE.PA Sharpe Ratio Rank

ESE.PA Sharpe Ratio Rank: 80.080
Exceptional

ESE.PA ranks above 80.0% of all investments in our database based on Sharpe Ratio over the past 12 months, demonstrating exceptional risk-adjusted returns. Securities are ranked from 0 (worst) to 100 (best).

What moves the rank

  • Strong returns with low total volatility → Higher rank
  • High volatility (both upside and downside) → Lower rank
  • Consistent returns → Higher rank than volatile returns of same magnitude
  • Sharp drawdowns increase volatility → Lower rank

What you can do with this information

  • Suitable as a core holding given strong risk-adjusted returns
  • Monitor rank changes to detect deteriorating return-to-volatility profile
  • Exceptional Sharpe ratio supports larger position sizes
  • Compare with category peers to assess whether strength is investment-specific or category-wide

ESE.PA Sharpe Ratio Market Positioning

The chart shows ESE.PA's Sharpe Ratio relative to all ETFs on our platform, with color zones indicating percentile rankings. Higher ratios indicate better risk-adjusted returns.

  • Red zone (bottom 25%): 0.66 or lower
  • Yellow zone (middle 50%): 0.66 to 1.79
  • Green zone (top 25%): 1.79 or higher
  • Top 1%: 6.39+
  • Median: 1.29 — half of all investments score higher

How it compares to other similar ETFs

The table compares BNP Paribas Easy S&P 500 UCITS ETF's Sharpe Ratio with other ETFs in the S&P 500 category across multiple time periods, showing how ESE.PA's risk-adjusted performance compares to similar funds.

Data shows 1-, 5-, and 10-year periods, plus each fund's all-time average, as of Jul 21, 2026.

SymbolName1Y Sharpe Ratio5Y Sharpe Ratio10Y Sharpe RatioAll Time Sharpe Ratio
S500.PAAmundi S&P 500 ESG UCITS ETF Acc EUR2.14
PE500.PAAmundi ETF PEA S&P 500 UCITS ETF EUR2.09
PSP5.PAAmundi PEA S&P 500 UCITS ETF Acc1.93
ESE.PABNP Paribas Easy S&P 500 UCITS ETF1.92
SP5.PAAmundi S&P 500 UCITS ETF - Dist EUR1.90

S&P 500 Index

How to choose period

Historical Sharpe Ratio

The chart shows ESE.PA's rolling Sharpe ratio over time compared to your chosen benchmark. Rising trends indicate improving returns relative to total volatility, while declining trends may signal deteriorating risk-adjusted performance or increased volatility. Use multiple timeframes to distinguish short-term fluctuations from long-term patterns.

Identify market cycles by observing when ESE.PA consistently outperforms (line above benchmark), underperforms (below benchmark), or aligns with the benchmark.

Loading charts...

Sharpe Ratio Calculator

How does ESE.PA fit in your portfolio?

Add your other holdings to see your portfolio's Sharpe Ratio and find out.

Analyze Your Portfolio