9W1A.DE vs. ESEE.DE

Last updated Jun 5, 2026

9W1A.DE (BNP Paribas Easy MSCI China Select SRI S-Series 10% Capped UCITS ETF USD Acc) and ESEE.DE (BNP Paribas Easy S&P 500 UCITS ETF EUR) are both exchange-traded funds - 9W1A.DE is a China Equities fund tracking the MSCI China Select SRI S-Series 10% Capped, while ESEE.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 21.92%/yr for ESEE.DE. At a 0.38 correlation, their price movements are largely independent. 9W1A.DE charges 0.31%/yr vs 0.15%/yr for ESEE.DE.

Performance

9W1A.DE vs. ESEE.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in 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 EUR (ESEE.DE). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

9W1A.DE is traded in USD, while ESEE.DE is traded in EUR. To make them comparable, the ESEE.DE values have been converted to USD using the latest available exchange rates.

Returns By Period

In the year-to-date period, 9W1A.DE achieves a -8.14% return, which is significantly lower than ESEE.DE's 9.97% return.

9W1A.DE

• 1D: -0.36%
• 1M: -4.70%
• YTD: -8.14%
• 6M: -9.53%
• 1Y: 3.50%
• 3Y*: 9.79%
• 5Y*: —
• 10Y*: —

ESEE.DE

• 1D: -0.05%
• 1M: 3.14%
• YTD: 9.97%
• 6M: 10.40%
• 1Y: 27.10%
• 3Y*: 21.92%
• 5Y*: 13.62%
• 10Y*: 15.35%

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

9W1A.DE vs. ESEE.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%
ESEE.DE BNP Paribas Easy S&P 500 UCITS ETF EUR	9.97%	17.82%	24.60%	26.52%	-18.94%	10.05%

Correlation

The correlation between 9W1A.DE and ESEE.DE is 0.41, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.41
Correlation (3Y) Calculated over the trailing 3-year period	0.32
Correlation (All Time) Calculated using the full available price history since Jul 28, 2021	0.38

Return for Risk

9W1A.DE vs. ESEE.DE — Risk / Return Rank

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

9W1A.DE

9W1A.DE Risk / Return Rank: 12
9W1A.DE Sharpe Ratio Rank: 12
9W1A.DE Sortino Ratio Rank: 12
9W1A.DE Omega Ratio Rank: 12
9W1A.DE Calmar Ratio Rank: 12
9W1A.DE Martin Ratio Rank: 11

ESEE.DE

ESEE.DE Risk / Return Rank: 68
ESEE.DE Sharpe Ratio Rank: 67
ESEE.DE Sortino Ratio Rank: 65
ESEE.DE Omega Ratio Rank: 69
ESEE.DE Calmar Ratio Rank: 72
ESEE.DE Martin Ratio Rank: 69

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.

9W1A.DE vs. ESEE.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 EUR (ESEE.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	ESEE.DE	Difference
Sharpe ratio: Return per unit of total volatility	0.20	2.36	-2.15
Sortino ratio: Return per unit of downside risk	0.43	3.36	-2.93
Omega ratio: Gain probability vs. loss probability	1.05	1.41	-0.36
Calmar ratio: Return relative to maximum drawdown	0.24	3.18	-2.94
Martin ratio: Return relative to average drawdown	0.49	13.43	-12.95
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

9W1A.DE vs. ESEE.DE - Sharpe Ratio Comparison

The current 9W1A.DE Sharpe Ratio is 0.20, which is lower than the ESEE.DE Sharpe Ratio of 2.36. The chart below compares the historical Sharpe Ratios of 9W1A.DE and ESEE.DE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	9W1A.DE	ESEE.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.20	2.36	-2.15
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.85	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.93	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.12	0.88	-0.99

Drawdowns

9W1A.DE vs. ESEE.DE - Drawdown Comparison

The maximum 9W1A.DE drawdown since its inception was -53.54%, which is greater than ESEE.DE's maximum drawdown of -34.06%. Use the drawdown chart below to compare losses from any high point for 9W1A.DE and ESEE.DE.

Drawdown Indicators

	9W1A.DE	ESEE.DE	Difference
Max Drawdown Largest peak-to-trough decline	-53.54%	-34.06%	-19.48%
Max Drawdown (1Y) Largest decline over 1 year	-17.23%	-8.61%	-8.62%
Max Drawdown (3Y) Largest decline over 3 years	-27.26%	-19.62%	-7.64%
Max Drawdown (5Y) Largest decline over 5 years	—	-24.28%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-34.06%	—
Current Drawdown Current decline from peak	-24.57%	-0.62%	-23.95%
Average Drawdown Average peak-to-trough decline	-30.22%	-3.94%	-26.28%
Ulcer Index Depth and duration of drawdowns from previous peaks	8.39%	2.04%	+6.35%

Volatility

9W1A.DE vs. ESEE.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 EUR (ESEE.DE) at 2.84%. This indicates that 9W1A.DE's price experiences larger fluctuations and is considered to be riskier than ESEE.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	9W1A.DE	ESEE.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.64%	2.84%	+4.80%
Volatility (6M) Calculated over the trailing 6-month period	14.57%	8.15%	+6.42%
Volatility (1Y) Calculated over the trailing 1-year period	20.00%	11.61%	+8.39%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	30.58%	15.92%	+14.66%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	30.58%	16.35%	+14.23%

9W1A.DE vs. ESEE.DE - Expense Ratio Comparison

9W1A.DE has a 0.31% expense ratio, which is higher than ESEE.DE's 0.15% expense ratio.

Dividends

9W1A.DE vs. ESEE.DE - Dividend Comparison

Neither 9W1A.DE nor ESEE.DE has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both 9W1A.DE and ESEE.DE in my portfolio?

9W1A.DE and ESEE.DE have a correlation of 0.41, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, 9W1A.DE or ESEE.DE?

On fees, ESEE.DE is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, 9W1A.DE or ESEE.DE?

ESEE.DE is cheaper with a 0.15% expense ratio, compared with 0.31% for 9W1A.DE.

What is the main difference between 9W1A.DE and ESEE.DE?

9W1A.DE is categorized as China Equities, while ESEE.DE is S&P 500. 9W1A.DE tracks MSCI China Select SRI S-Series 10% Capped, while ESEE.DE tracks S&P 500 Index. Their fees differ too: 0.31% for 9W1A.DE and 0.15% for ESEE.DE.