0GZB.DE vs. ISTM
0GZB.DE (BNPP RICI Enhanced Kupfer (ER) EUR Hedge ETC) and ISTM (iShares Strategic Metals ETF) are both exchange-traded funds - 0GZB.DE is a Metals fund tracking the RICI Enhanced Copper (EUR Hedged), while ISTM is a Rare Earth & Strategic Metals fund tracking the ICE Strategic Re-Industrialization Metals Index. Both are passively managed. Over the past year, 0GZB.DE returned 37.38% vs 31.39% for ISTM. A 0.68 correlation means they provide meaningful diversification when combined. 0GZB.DE charges 1.20%/yr vs 0.49%/yr for ISTM.
Performance
0GZB.DE vs. ISTM - Performance Comparison
Loading charts...
Different Trading Currencies
0GZB.DE is traded in EUR, while ISTM is traded in USD. To make them comparable, the ISTM values have been converted to EUR using the latest available exchange rates.
Returns By Period
In the year-to-date period, 0GZB.DE achieves a 8.45% return, which is significantly higher than ISTM's 4.27% return.
0GZB.DE
- 1D
- 0.56%
- 1M
- -0.61%
- 6M
- 2.55%
- YTD
- 8.45%
- 1Y
- 37.38%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
ISTM
- 1D
- -1.06%
- 1M
- -6.48%
- 6M
- -6.95%
- YTD
- 4.27%
- 1Y
- 31.39%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
0GZB.DE vs. ISTM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
0GZB.DE BNPP RICI Enhanced Kupfer (ER) EUR Hedge ETC | 8.45% | 31.56% |
ISTM iShares Strategic Metals ETF | 4.27% | 36.48% |
Correlation
The correlation between 0GZB.DE and ISTM is 0.70, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.70 |
Correlation (All Time) Calculated using the full available price history since Apr 25, 2025 | 0.68 |
The correlation between 0GZB.DE and ISTM has been stable across timeframes, ranging from 0.68 to 0.70 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
0GZB.DE vs. ISTM — Risk / Return Rank
0GZB.DE
ISTM
0GZB.DE vs. ISTM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BNPP RICI Enhanced Kupfer (ER) EUR Hedge ETC (0GZB.DE) and iShares Strategic Metals ETF (ISTM). 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.
| 0GZB.DE | ISTM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.75 | ||
| Sortino ratioReturn per unit of downside risk | +1.14 | ||
| Omega ratioGain probability vs. loss probability | 1.32 | 1.21 | +0.10 |
| Calmar ratioReturn relative to maximum drawdown | 3.18 | 1.62 | +1.56 |
| Martin ratioReturn relative to average drawdown | 9.69 | 3.53 | +6.17 |
Loading charts...
Drawdowns
0GZB.DE vs. ISTM - Drawdown Comparison
The maximum 0GZB.DE drawdown since its inception was -11.71%, smaller than the maximum ISTM drawdown of -19.50%. Use the drawdown chart below to compare losses from any high point for 0GZB.DE and ISTM.
Loading charts...
Drawdown Indicators
| 0GZB.DE | ISTM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -11.71% | -19.50% | +7.79% |
Max Drawdown (1Y)Largest decline over 1 year | -11.71% | -19.50% | +7.79% |
Current DrawdownCurrent decline from peak | -4.24% | -16.44% | +12.20% |
Average DrawdownAverage peak-to-trough decline | -2.64% | -6.72% | +4.08% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.85% | 8.93% | -5.08% |
Volatility
0GZB.DE vs. ISTM - Volatility Comparison
The current volatility for BNPP RICI Enhanced Kupfer (ER) EUR Hedge ETC (0GZB.DE) is 4.73%, while iShares Strategic Metals ETF (ISTM) has a volatility of 7.58%. This indicates that 0GZB.DE experiences smaller price fluctuations and is considered to be less risky than ISTM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| 0GZB.DE | ISTM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.73% | 7.58% | -2.85% |
Volatility (6M)Calculated over the trailing 6-month period | 15.18% | 25.18% | -10.00% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.70% | 30.00% | -9.30% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.62% | 23.06% | -3.44% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.62% | 23.06% | -3.44% |
0GZB.DE vs. ISTM - Expense Ratio Comparison
0GZB.DE has a 1.20% expense ratio, which is higher than ISTM's 0.49% expense ratio.
Dividends
0GZB.DE vs. ISTM - Dividend Comparison
0GZB.DE has not paid dividends to shareholders, while ISTM's dividend yield for the trailing twelve months is around 14.62%.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
0GZB.DE BNPP RICI Enhanced Kupfer (ER) EUR Hedge ETC | 0.00% | 0.00% | 0.00% | 0.00% |
ISTM iShares Strategic Metals ETF | 14.62% | 14.78% | 29.62% | 1.02% |
Frequently Asked Questions
0GZB.DE and ISTM have a correlation of 0.70, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, ISTM is cheaper at 0.49% per year. The better choice depends on whether you care most about return, fees, risk, or income.
ISTM is cheaper with a 0.49% expense ratio, compared with 1.20% for 0GZB.DE.
0GZB.DE is categorized as Metals, while ISTM is Rare Earth & Strategic Metals. 0GZB.DE tracks RICI Enhanced Copper (EUR Hedged), while ISTM tracks ICE Strategic Re-Industrialization Metals Index. They also come from different issuers: BNP Paribas and iShares. Their fees differ too: 1.20% for 0GZB.DE and 0.49% for ISTM.
Find the right allocation for 0GZB.DE and ISTM
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer