0GZB.DE vs. VOOG

Last updated Jul 14, 2026

0GZB.DE (BNPP RICI Enhanced Kupfer (ER) EUR Hedge ETC) and VOOG (Vanguard S&P 500 Growth ETF) are both exchange-traded funds - 0GZB.DE is a Metals fund tracking the RICI Enhanced Copper (EUR Hedged), while VOOG is a S&P 500 fund tracking the S&P 500 Growth Index. Both are passively managed. Over the past year, 0GZB.DE returned 37.38% vs 27.16% for VOOG. At a 0.21 correlation, their price movements are largely independent. 0GZB.DE charges 1.20%/yr vs 0.07%/yr for VOOG.

Performance

0GZB.DE vs. VOOG - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in BNPP RICI Enhanced Kupfer (ER) EUR Hedge ETC (0GZB.DE) and Vanguard S&P 500 Growth ETF (VOOG). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

0GZB.DE is traded in EUR, while VOOG is traded in USD. To make them comparable, the VOOG 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 lower than VOOG's 14.47% return.

0GZB.DE

• 1D: 0.56%
• 1M: -0.61%
• 6M: 2.55%
• YTD: 8.45%
• 1Y: 37.38%
• 3Y*: —
• 5Y*: —
• 10Y*: —

VOOG

• 1D: -1.29%
• 1M: 2.80%
• 6M: 12.00%
• YTD: 14.47%
• 1Y: 27.16%
• 3Y*: 24.43%
• 5Y*: 14.43%
• 10Y*: 17.17%

*Multi-year figures are annualized to reflect compound growth (CAGR)

0GZB.DE vs. VOOG - Yearly Performance Comparison

	2026 (YTD)	2025
0GZB.DE BNPP RICI Enhanced Kupfer (ER) EUR Hedge ETC	8.45%	31.56%
VOOG Vanguard S&P 500 Growth ETF	14.47%	29.25%

Correlation

The correlation between 0GZB.DE and VOOG is 0.28, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.28
Correlation (All Time) Calculated using the full available price history since Apr 25, 2025	0.21

Return for Risk

0GZB.DE vs. VOOG — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

0GZB.DE

0GZB.DE Risk / Return Rank: 71
0GZB.DE Sharpe Ratio Rank: 71
0GZB.DE Sortino Ratio Rank: 70
0GZB.DE Omega Ratio Rank: 67
0GZB.DE Calmar Ratio Rank: 77
0GZB.DE Martin Ratio Rank: 68

VOOG

VOOG Risk / Return Rank: 48
VOOG Sharpe Ratio Rank: 51
VOOG Sortino Ratio Rank: 49
VOOG Omega Ratio Rank: 48
VOOG Calmar Ratio Rank: 43
VOOG Martin Ratio Rank: 50

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

0GZB.DE vs. VOOG - 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 Vanguard S&P 500 Growth ETF (VOOG). 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	VOOG	Difference
Sharpe ratio: Return per unit of total volatility	1.80	1.60	+0.20
Sortino ratio: Return per unit of downside risk	2.54	2.13	+0.40
Omega ratio: Gain probability vs. loss probability	1.32	1.28	+0.03
Calmar ratio: Return relative to maximum drawdown	3.18	2.16	+1.02
Martin ratio: Return relative to average drawdown	9.69	7.34	+2.35

0GZB.DE vs. VOOG - Sharpe Ratio Comparison

The current 0GZB.DE Sharpe Ratio is 1.80, which is comparable to the VOOG Sharpe Ratio of 1.60. The chart below compares the historical Sharpe Ratios of 0GZB.DE and VOOG, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

0GZB.DE vs. VOOG - Drawdown Comparison

The maximum 0GZB.DE drawdown since its inception was -11.71%, smaller than the maximum VOOG drawdown of -30.89%. Use the drawdown chart below to compare losses from any high point for 0GZB.DE and VOOG.

Drawdown Indicators

	0GZB.DE	VOOG	Difference
Max Drawdown Largest peak-to-trough decline	-11.71%	-30.89%	+19.18%
Max Drawdown (1Y) Largest decline over 1 year	-11.71%	-12.66%	+0.95%
Max Drawdown (3Y) Largest decline over 3 years	—	-27.11%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-27.11%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-30.89%	—
Current Drawdown Current decline from peak	-4.24%	-1.43%	-2.81%
Average Drawdown Average peak-to-trough decline	-2.64%	-5.01%	+2.37%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.85%	3.71%	+0.14%

Volatility

0GZB.DE vs. VOOG - Volatility Comparison

The current volatility for BNPP RICI Enhanced Kupfer (ER) EUR Hedge ETC (0GZB.DE) is 4.73%, while Vanguard S&P 500 Growth ETF (VOOG) has a volatility of 5.82%. This indicates that 0GZB.DE experiences smaller price fluctuations and is considered to be less risky than VOOG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	0GZB.DE	VOOG	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.73%	5.82%	-1.09%
Volatility (6M) Calculated over the trailing 6-month period	15.18%	13.12%	+2.06%
Volatility (1Y) Calculated over the trailing 1-year period	20.70%	17.04%	+3.66%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.62%	21.09%	-1.47%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.62%	21.18%	-1.56%

0GZB.DE vs. VOOG - Expense Ratio Comparison

0GZB.DE has a 1.20% expense ratio, which is higher than VOOG's 0.07% expense ratio.

Dividends

0GZB.DE vs. VOOG - Dividend Comparison

0GZB.DE has not paid dividends to shareholders, while VOOG's dividend yield for the trailing twelve months is around 0.46%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
0GZB.DE BNPP RICI Enhanced Kupfer (ER) EUR Hedge ETC	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
VOOG Vanguard S&P 500 Growth ETF	0.46%	0.49%	0.49%	1.12%	0.93%	0.53%	0.88%	1.26%	1.34%	1.32%	1.47%	1.56%

Frequently Asked Questions

Can I hold both 0GZB.DE and VOOG in my portfolio?

0GZB.DE and VOOG have a correlation of 0.28, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, 0GZB.DE or VOOG?

On fees, VOOG is cheaper at 0.07% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, 0GZB.DE or VOOG?

VOOG is cheaper with a 0.07% expense ratio, compared with 1.20% for 0GZB.DE.

What is the main difference between 0GZB.DE and VOOG?

0GZB.DE is categorized as Metals, while VOOG is S&P 500. 0GZB.DE tracks RICI Enhanced Copper (EUR Hedged), while VOOG tracks S&P 500 Growth Index. They also come from different issuers: BNP Paribas and Vanguard. Their fees differ too: 1.20% for 0GZB.DE and 0.07% for VOOG.