5HEU.DE vs. ES50.DE

Last updated Jun 5, 2026

5HEU.DE (Ossiam ESG Shiller Barclays CAPE® Europe Sector UCITS ETF (EUR)) and ES50.DE (iShares EURO STOXX 50 ESG UCITS ETF EUR (Acc)) are both Europe Equities funds - 5HEU.DE tracks the Ossiam ESG Shiller Barclays CAPE® Europe Sector while ES50.DE tracks the EURO STOXX 50 ESG Index. Both are passively managed. A 0.60 correlation means they provide meaningful diversification when combined. 5HEU.DE charges 0.75%/yr vs 0.10%/yr for ES50.DE.

Performance

5HEU.DE vs. ES50.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Ossiam ESG Shiller Barclays CAPE® Europe Sector UCITS ETF (EUR) (5HEU.DE) and iShares EURO STOXX 50 ESG UCITS ETF EUR (Acc) (ES50.DE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

5HEU.DE

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

ES50.DE

• 1D: 0.43%
• 1M: 5.28%
• YTD: 8.46%
• 6M: 10.04%
• 1Y: 19.03%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

5HEU.DE vs. ES50.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
5HEU.DE Ossiam ESG Shiller Barclays CAPE® Europe Sector UCITS ETF (EUR)	0.00%	4.88%	-2.91%	0.85%
ES50.DE iShares EURO STOXX 50 ESG UCITS ETF EUR (Acc)	8.46%	25.72%	13.20%	6.66%

Correlation

The correlation between 5HEU.DE and ES50.DE is 0.38, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.38
Correlation (All Time) Calculated using the full available price history since Jul 27, 2023	0.60

Over the past year, the correlation between 5HEU.DE and ES50.DE has dropped to 0.38 - well below their long-term average of 0.60, suggesting their price drivers have been diverging.

Return for Risk

5HEU.DE vs. ES50.DE — Risk / Return Rank

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

ES50.DE

ES50.DE Risk / Return Rank: 33
ES50.DE Sharpe Ratio Rank: 31
ES50.DE Sortino Ratio Rank: 33
ES50.DE Omega Ratio Rank: 31
ES50.DE Calmar Ratio Rank: 33
ES50.DE Martin Ratio Rank: 37

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.

5HEU.DE vs. ES50.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Ossiam ESG Shiller Barclays CAPE® Europe Sector UCITS ETF (EUR) (5HEU.DE) and iShares EURO STOXX 50 ESG UCITS ETF EUR (Acc) (ES50.DE). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	5HEU.DE	ES50.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.12	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	1.20	—

Drawdowns

Drawdown Indicators

	5HEU.DE	ES50.DE	Difference
Max Drawdown Largest peak-to-trough decline	—	-15.53%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-11.70%	—
Current Drawdown Current decline from peak	—	-0.44%	—
Average Drawdown Average peak-to-trough decline	—	-2.38%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	3.38%	—

Volatility

Volatility by Period

	5HEU.DE	ES50.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	5.08%	—
Volatility (6M) Calculated over the trailing 6-month period	—	13.75%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	16.97%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	15.76%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	15.76%	—

5HEU.DE vs. ES50.DE - Expense Ratio Comparison

5HEU.DE has a 0.75% expense ratio, which is higher than ES50.DE's 0.10% expense ratio.

Dividends

5HEU.DE vs. ES50.DE - Dividend Comparison

Neither 5HEU.DE nor ES50.DE has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both 5HEU.DE and ES50.DE in my portfolio?

5HEU.DE and ES50.DE have a correlation of 0.38, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, 5HEU.DE or ES50.DE?

On fees, ES50.DE is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, 5HEU.DE or ES50.DE?

ES50.DE is cheaper with a 0.10% expense ratio, compared with 0.75% for 5HEU.DE.

What is the main difference between 5HEU.DE and ES50.DE?

5HEU.DE tracks Ossiam ESG Shiller Barclays CAPE® Europe Sector, while ES50.DE tracks EURO STOXX 50 ESG Index. They also come from different issuers: Natixis and iShares. Their fees differ too: 0.75% for 5HEU.DE and 0.10% for ES50.DE.