ASRE.DE vs. ASRD.DE
ASRE.DE (BNP Paribas Easy JPM ESG EMU Government Bond IG 3-5Y UCITS ETF) and ASRD.DE (BNP Paribas Easy JPM ESG EMBI Global Diversified Composite UCITS ETF EUR Hedged) are both exchange-traded funds - ASRE.DE is a European Government Bonds fund tracking the J.P. Morgan ESG EMU Government Bond IG 3-5 Year, while ASRD.DE is a Emerging Markets Bonds fund tracking the JP Morgan ESG EMBI Global Diversified (EUR Hedged). Both are passively managed. Over the past 5 years, ASRE.DE returned -0.36%/yr vs -0.44%/yr for ASRD.DE. At a 0.42 correlation, their price movements are largely independent. ASRE.DE charges 0.15%/yr vs 0.25%/yr for ASRD.DE.
Performance
ASRE.DE vs. ASRD.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, ASRE.DE achieves a -0.12% return, which is significantly lower than ASRD.DE's 0.59% return.
ASRE.DE
- 1D
- 0.06%
- 1M
- 0.36%
- YTD
- -0.12%
- 6M
- -0.11%
- 1Y
- 0.35%
- 3Y*
- 2.70%
- 5Y*
- -0.36%
- 10Y*
- —
ASRD.DE
- 1D
- 0.37%
- 1M
- 0.84%
- YTD
- 0.59%
- 6M
- 1.27%
- 1Y
- 8.54%
- 3Y*
- 6.91%
- 5Y*
- -0.44%
- 10Y*
- —
ASRE.DE vs. ASRD.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
ASRE.DE BNP Paribas Easy JPM ESG EMU Government Bond IG 3-5Y UCITS ETF | -0.12% | 2.42% | 2.13% | 5.11% | -9.94% | -0.79% |
ASRD.DE BNP Paribas Easy JPM ESG EMBI Global Diversified Composite UCITS ETF EUR Hedged | 0.59% | 11.16% | 3.52% | 6.69% | -19.97% | 0.96% |
Correlation
The correlation between ASRE.DE and ASRD.DE is 0.52, 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 | 0.52 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.48 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.42 |
Correlation (All Time) Calculated using the full available price history since Feb 24, 2021 | 0.42 |
The correlation between ASRE.DE and ASRD.DE shifts across timeframes, from 0.42 (5 years) to 0.52 (1 year), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
ASRE.DE vs. ASRD.DE — Risk / Return Rank
ASRE.DE
ASRD.DE
ASRE.DE vs. ASRD.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BNP Paribas Easy JPM ESG EMU Government Bond IG 3-5Y UCITS ETF (ASRE.DE) and BNP Paribas Easy JPM ESG EMBI Global Diversified Composite UCITS ETF EUR Hedged (ASRD.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.
| ASRE.DE | ASRD.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.29 | ||
| Sortino ratioReturn per unit of downside risk | -2.09 | ||
| Omega ratioGain probability vs. loss probability | 1.03 | 1.26 | -0.24 |
| Calmar ratioReturn relative to maximum drawdown | 0.15 | 1.78 | -1.64 |
| Martin ratioReturn relative to average drawdown | 0.41 | 6.57 | -6.15 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| ASRE.DE | ASRD.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.14 | 1.43 | -1.29 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.10 | -0.05 | -0.05 |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.10 | -0.00 | -0.10 |
Drawdowns
ASRE.DE vs. ASRD.DE - Drawdown Comparison
The maximum ASRE.DE drawdown since its inception was -12.01%, smaller than the maximum ASRD.DE drawdown of -29.54%. Use the drawdown chart below to compare losses from any high point for ASRE.DE and ASRD.DE.
Loading charts...
Drawdown Indicators
| ASRE.DE | ASRD.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -12.01% | -29.54% | +17.53% |
Max Drawdown (1Y)Largest decline over 1 year | -2.40% | -4.77% | +2.37% |
Max Drawdown (3Y)Largest decline over 3 years | -2.40% | -8.03% | +5.63% |
Max Drawdown (5Y)Largest decline over 5 years | -12.01% | -29.54% | +17.53% |
Current DrawdownCurrent decline from peak | -2.42% | -4.16% | +1.74% |
Average DrawdownAverage peak-to-trough decline | -5.22% | -13.13% | +7.91% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.85% | 1.30% | -0.45% |
Volatility
ASRE.DE vs. ASRD.DE - Volatility Comparison
The current volatility for BNP Paribas Easy JPM ESG EMU Government Bond IG 3-5Y UCITS ETF (ASRE.DE) is 1.03%, while BNP Paribas Easy JPM ESG EMBI Global Diversified Composite UCITS ETF EUR Hedged (ASRD.DE) has a volatility of 1.86%. This indicates that ASRE.DE experiences smaller price fluctuations and is considered to be less risky than ASRD.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| ASRE.DE | ASRD.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.03% | 1.86% | -0.83% |
Volatility (6M)Calculated over the trailing 6-month period | 2.28% | 4.97% | -2.69% |
Volatility (1Y)Calculated over the trailing 1-year period | 2.57% | 5.97% | -3.40% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 3.60% | 9.06% | -5.46% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 3.52% | 8.96% | -5.44% |
ASRE.DE vs. ASRD.DE - Expense Ratio Comparison
ASRE.DE has a 0.15% expense ratio, which is lower than ASRD.DE's 0.25% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
ASRE.DE vs. ASRD.DE - Dividend Comparison
Neither ASRE.DE nor ASRD.DE has paid dividends to shareholders.
Frequently Asked Questions
ASRE.DE and ASRD.DE have a correlation of 0.52, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, ASRE.DE is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.
ASRE.DE is cheaper with a 0.15% expense ratio, compared with 0.25% for ASRD.DE.
ASRE.DE is categorized as European Government Bonds, while ASRD.DE is Emerging Markets Bonds. ASRE.DE tracks J.P. Morgan ESG EMU Government Bond IG 3-5 Year, while ASRD.DE tracks JP Morgan ESG EMBI Global Diversified (EUR Hedged). Their fees differ too: 0.15% for ASRE.DE and 0.25% for ASRD.DE.
Find the right allocation for ASRE.DE and ASRD.DE
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer