AIUT.DE vs. ASRS.DE

Last updated Jun 5, 2026

AIUT.DE (BNP Paribas Easy II MSCI USA PAB UCITS ETF USD Acc) and ASRS.DE (BNP Paribas Easy ECPI Global ESG Hydrogen Economy UCITS ETF EUR Capitalisation) are both exchange-traded funds - AIUT.DE is a ESG fund tracking the MSCI USA Climate Paris Aligned Index, while ASRS.DE is a Alternative Energy Equities fund tracking the ECPI Global ESG Hydrogen Economy (NR) Index. Both are passively managed. Over the past year, AIUT.DE returned 23.70% vs 59.88% for ASRS.DE. At a 0.47 correlation, their price movements are largely independent. AIUT.DE charges 0.13%/yr vs 0.30%/yr for ASRS.DE.

Performance

AIUT.DE vs. ASRS.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in BNP Paribas Easy II MSCI USA PAB UCITS ETF USD Acc (AIUT.DE) and BNP Paribas Easy ECPI Global ESG Hydrogen Economy UCITS ETF EUR Capitalisation (ASRS.DE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, AIUT.DE achieves a 11.57% return, which is significantly lower than ASRS.DE's 26.24% return.

AIUT.DE

• 1D: -0.01%
• 1M: 7.35%
• YTD: 11.57%
• 6M: 10.76%
• 1Y: 23.70%
• 3Y*: —
• 5Y*: —
• 10Y*: —

ASRS.DE

• 1D: -0.77%
• 1M: 1.74%
• YTD: 26.24%
• 6M: 25.54%
• 1Y: 59.88%
• 3Y*: 14.78%
• 5Y*: —
• 10Y*: —

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

AIUT.DE vs. ASRS.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
AIUT.DE BNP Paribas Easy II MSCI USA PAB UCITS ETF USD Acc	11.57%	1.03%	31.84%	5.33%
ASRS.DE BNP Paribas Easy ECPI Global ESG Hydrogen Economy UCITS ETF EUR Capitalisation	26.24%	32.28%	-6.37%	7.17%

Correlation

The correlation between AIUT.DE and ASRS.DE is 0.56, 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	0.56
Correlation (All Time) Calculated using the full available price history since Nov 29, 2023	0.47

The correlation between AIUT.DE and ASRS.DE has been stable across timeframes, ranging from 0.47 to 0.56 - a consistent structural relationship.

Return for Risk

AIUT.DE vs. ASRS.DE — Risk / Return Rank

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

AIUT.DE

AIUT.DE Risk / Return Rank: 49
AIUT.DE Sharpe Ratio Rank: 54
AIUT.DE Sortino Ratio Rank: 52
AIUT.DE Omega Ratio Rank: 53
AIUT.DE Calmar Ratio Rank: 43
AIUT.DE Martin Ratio Rank: 40

ASRS.DE

ASRS.DE Risk / Return Rank: 92
ASRS.DE Sharpe Ratio Rank: 93
ASRS.DE Sortino Ratio Rank: 92
ASRS.DE Omega Ratio Rank: 88
ASRS.DE Calmar Ratio Rank: 95
ASRS.DE Martin Ratio Rank: 94

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.

AIUT.DE vs. ASRS.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for BNP Paribas Easy II MSCI USA PAB UCITS ETF USD Acc (AIUT.DE) and BNP Paribas Easy ECPI Global ESG Hydrogen Economy UCITS ETF EUR Capitalisation (ASRS.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.

	AIUT.DE	ASRS.DE	Difference
Sharpe ratio: Return per unit of total volatility	1.82	3.34	-1.52
Sortino ratio: Return per unit of downside risk	2.48	4.35	-1.87
Omega ratio: Gain probability vs. loss probability	1.33	1.54	-0.21
Calmar ratio: Return relative to maximum drawdown	2.11	7.74	-5.63
Martin ratio: Return relative to average drawdown	6.23	25.47	-19.24
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

AIUT.DE vs. ASRS.DE - Sharpe Ratio Comparison

The current AIUT.DE Sharpe Ratio is 1.82, which is lower than the ASRS.DE Sharpe Ratio of 3.34. The chart below compares the historical Sharpe Ratios of AIUT.DE and ASRS.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

	AIUT.DE	ASRS.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.82	3.34	-1.52
Sharpe Ratio (All Time) Calculated using the full available price history	1.24	0.45	+0.79

Drawdowns

AIUT.DE vs. ASRS.DE - Drawdown Comparison

The maximum AIUT.DE drawdown since its inception was -25.11%, smaller than the maximum ASRS.DE drawdown of -36.11%. Use the drawdown chart below to compare losses from any high point for AIUT.DE and ASRS.DE.

Drawdown Indicators

	AIUT.DE	ASRS.DE	Difference
Max Drawdown Largest peak-to-trough decline	-25.11%	-36.11%	+11.00%
Max Drawdown (1Y) Largest decline over 1 year	-11.30%	-7.68%	-3.62%
Max Drawdown (3Y) Largest decline over 3 years	—	-25.20%	—
Current Drawdown Current decline from peak	-0.33%	-2.31%	+1.98%
Average Drawdown Average peak-to-trough decline	-4.23%	-15.73%	+11.50%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.83%	2.34%	+1.49%

Volatility

AIUT.DE vs. ASRS.DE - Volatility Comparison

The current volatility for BNP Paribas Easy II MSCI USA PAB UCITS ETF USD Acc (AIUT.DE) is 3.37%, while BNP Paribas Easy ECPI Global ESG Hydrogen Economy UCITS ETF EUR Capitalisation (ASRS.DE) has a volatility of 6.05%. This indicates that AIUT.DE experiences smaller price fluctuations and is considered to be less risky than ASRS.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AIUT.DE	ASRS.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.37%	6.05%	-2.68%
Volatility (6M) Calculated over the trailing 6-month period	8.85%	12.94%	-4.09%
Volatility (1Y) Calculated over the trailing 1-year period	13.08%	17.79%	-4.71%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.75%	18.05%	-2.30%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.75%	18.05%	-2.30%

AIUT.DE vs. ASRS.DE - Expense Ratio Comparison

AIUT.DE has a 0.13% expense ratio, which is lower than ASRS.DE's 0.30% expense ratio.

Dividends

AIUT.DE vs. ASRS.DE - Dividend Comparison

Neither AIUT.DE nor ASRS.DE has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both AIUT.DE and ASRS.DE in my portfolio?

AIUT.DE and ASRS.DE have a correlation of 0.56, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, AIUT.DE or ASRS.DE?

On fees, AIUT.DE is cheaper at 0.13% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, AIUT.DE or ASRS.DE?

AIUT.DE is cheaper with a 0.13% expense ratio, compared with 0.30% for ASRS.DE.

What is the main difference between AIUT.DE and ASRS.DE?

AIUT.DE is categorized as ESG, while ASRS.DE is Alternative Energy Equities. AIUT.DE tracks MSCI USA Climate Paris Aligned Index, while ASRS.DE tracks ECPI Global ESG Hydrogen Economy (NR) Index. Their fees differ too: 0.13% for AIUT.DE and 0.30% for ASRS.DE.