9W1A.DE vs. ESAP.DE
9W1A.DE (BNP Paribas Easy MSCI China Select SRI S-Series 10% Capped UCITS ETF USD Acc) and ESAP.DE (BNP Paribas Easy S&P 500 UCITS ETF USD) are both exchange-traded funds - 9W1A.DE is a China Equities fund tracking the MSCI China Select SRI S-Series 10% Capped, while ESAP.DE is a S&P 500 fund tracking the S&P 500 Index. Both are passively managed. Over the past 3 years, 9W1A.DE returned 9.79%/yr vs 21.99%/yr for ESAP.DE. At a 0.40 correlation, their price movements are largely independent. 9W1A.DE charges 0.31%/yr vs 0.15%/yr for ESAP.DE.
Performance
9W1A.DE vs. ESAP.DE - Performance Comparison
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Returns By Period
In the year-to-date period, 9W1A.DE achieves a -8.14% return, which is significantly lower than ESAP.DE's 10.03% return.
9W1A.DE
- 1D
- -0.36%
- 1M
- -4.70%
- YTD
- -8.14%
- 6M
- -9.53%
- 1Y
- 3.50%
- 3Y*
- 9.79%
- 5Y*
- —
- 10Y*
- —
ESAP.DE
- 1D
- 0.01%
- 1M
- 3.24%
- YTD
- 10.03%
- 6M
- 10.61%
- 1Y
- 27.25%
- 3Y*
- 21.99%
- 5Y*
- 13.64%
- 10Y*
- —
9W1A.DE vs. ESAP.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
9W1A.DE BNP Paribas Easy MSCI China Select SRI S-Series 10% Capped UCITS ETF USD Acc | -8.14% | 30.93% | 15.68% | -14.27% | -27.31% | -3.13% |
ESAP.DE BNP Paribas Easy S&P 500 UCITS ETF USD | 10.03% | 17.48% | 24.85% | 26.98% | -19.18% | 10.04% |
Correlation
The correlation between 9W1A.DE and ESAP.DE is 0.47, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.47 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.35 |
Correlation (All Time) Calculated using the full available price history since Jul 28, 2021 | 0.40 |
The correlation between 9W1A.DE and ESAP.DE shifts across timeframes, from 0.35 (3 years) to 0.47 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
9W1A.DE vs. ESAP.DE — Risk / Return Rank
9W1A.DE
ESAP.DE
9W1A.DE vs. ESAP.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BNP Paribas Easy MSCI China Select SRI S-Series 10% Capped UCITS ETF USD Acc (9W1A.DE) and BNP Paribas Easy S&P 500 UCITS ETF USD (ESAP.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.
| 9W1A.DE | ESAP.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.14 | ||
| Sortino ratioReturn per unit of downside risk | -2.98 | ||
| Omega ratioGain probability vs. loss probability | 1.05 | 1.42 | -0.37 |
| Calmar ratioReturn relative to maximum drawdown | 0.24 | 3.35 | -3.12 |
| Martin ratioReturn relative to average drawdown | 0.49 | 14.32 | -13.83 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| 9W1A.DE | ESAP.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.20 | 2.34 | -2.14 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.84 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.12 | 0.88 | -1.00 |
Drawdowns
9W1A.DE vs. ESAP.DE - Drawdown Comparison
The maximum 9W1A.DE drawdown since its inception was -53.54%, which is greater than ESAP.DE's maximum drawdown of -34.23%. Use the drawdown chart below to compare losses from any high point for 9W1A.DE and ESAP.DE.
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Drawdown Indicators
| 9W1A.DE | ESAP.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -53.54% | -34.23% | -19.31% |
Max Drawdown (1Y)Largest decline over 1 year | -17.23% | -8.20% | -9.03% |
Max Drawdown (3Y)Largest decline over 3 years | -27.26% | -18.69% | -8.57% |
Max Drawdown (5Y)Largest decline over 5 years | — | -24.33% | — |
Current DrawdownCurrent decline from peak | -24.57% | -0.56% | -24.01% |
Average DrawdownAverage peak-to-trough decline | -30.22% | -5.37% | -24.85% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.39% | 1.93% | +6.46% |
Volatility
9W1A.DE vs. ESAP.DE - Volatility Comparison
BNP Paribas Easy MSCI China Select SRI S-Series 10% Capped UCITS ETF USD Acc (9W1A.DE) has a higher volatility of 7.64% compared to BNP Paribas Easy S&P 500 UCITS ETF USD (ESAP.DE) at 3.09%. This indicates that 9W1A.DE's price experiences larger fluctuations and is considered to be riskier than ESAP.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| 9W1A.DE | ESAP.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.64% | 3.09% | +4.55% |
Volatility (6M)Calculated over the trailing 6-month period | 14.57% | 8.58% | +5.99% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.00% | 11.76% | +8.24% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 30.58% | 16.01% | +14.57% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 30.58% | 17.99% | +12.59% |
9W1A.DE vs. ESAP.DE - Expense Ratio Comparison
9W1A.DE has a 0.31% expense ratio, which is higher than ESAP.DE's 0.15% expense ratio.
Dividends
9W1A.DE vs. ESAP.DE - Dividend Comparison
Neither 9W1A.DE nor ESAP.DE has paid dividends to shareholders.
Frequently Asked Questions
9W1A.DE and ESAP.DE have a correlation of 0.47, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, ESAP.DE is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.
ESAP.DE is cheaper with a 0.15% expense ratio, compared with 0.31% for 9W1A.DE.
9W1A.DE is categorized as China Equities, while ESAP.DE is S&P 500. 9W1A.DE tracks MSCI China Select SRI S-Series 10% Capped, while ESAP.DE tracks S&P 500 Index. Their fees differ too: 0.31% for 9W1A.DE and 0.15% for ESAP.DE.
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