ASRR.DE vs. ESAP.DE
ASRR.DE (BNP Paribas Easy MSCI Europe SRI S-Series PAB 5% Capped UCITS ETF EUR Acc) and ESAP.DE (BNP Paribas Easy S&P 500 UCITS ETF USD) are both exchange-traded funds - ASRR.DE is a Europe Equities fund tracking the MSCI Europe SRI S-Series PAB 5% 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, ASRR.DE returned 11.78%/yr vs 18.46%/yr for ESAP.DE. A 0.57 correlation means they provide meaningful diversification when combined. ASRR.DE charges 0.25%/yr vs 0.15%/yr for ESAP.DE.
Performance
ASRR.DE vs. ESAP.DE - Performance Comparison
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Different Trading Currencies
ASRR.DE is traded in EUR, while ESAP.DE is traded in USD. To make them comparable, the ESAP.DE values have been converted to EUR using the latest available exchange rates.
Returns By Period
The year-to-date returns for both investments are quite close, with ASRR.DE having a 11.11% return and ESAP.DE slightly higher at 11.58%.
ASRR.DE
- 1D
- -0.45%
- 1M
- 1.08%
- 6M
- 7.40%
- YTD
- 11.11%
- 1Y
- 15.65%
- 3Y*
- 11.78%
- 5Y*
- —
- 10Y*
- —
ESAP.DE
- 1D
- -1.24%
- 1M
- -0.04%
- 6M
- 9.40%
- YTD
- 11.58%
- 1Y
- 21.30%
- 3Y*
- 18.46%
- 5Y*
- 13.38%
- 10Y*
- —
ASRR.DE vs. ESAP.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
ASRR.DE BNP Paribas Easy MSCI Europe SRI S-Series PAB 5% Capped UCITS ETF EUR Acc | 11.11% | 11.63% | 7.07% | 13.88% | -10.86% |
ESAP.DE BNP Paribas Easy S&P 500 UCITS ETF USD | 11.58% | 4.08% | 32.42% | 23.17% | -7.82% |
Correlation
The correlation between ASRR.DE and ESAP.DE is 0.43, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.43 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.50 |
Correlation (All Time) Calculated using the full available price history since Jan 27, 2022 | 0.57 |
The correlation between ASRR.DE and ESAP.DE shifts across timeframes, from 0.43 (1 year) to 0.57 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
ASRR.DE vs. ESAP.DE — Risk / Return Rank
ASRR.DE
ESAP.DE
ASRR.DE vs. ESAP.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BNP Paribas Easy MSCI Europe SRI S-Series PAB 5% Capped UCITS ETF EUR Acc (ASRR.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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| ASRR.DE | ESAP.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.58 | ||
| Sortino ratioReturn per unit of downside risk | -0.80 | ||
| Omega ratioGain probability vs. loss probability | 1.20 | 1.31 | -0.10 |
| Calmar ratioReturn relative to maximum drawdown | 1.34 | 2.97 | -1.62 |
| Martin ratioReturn relative to average drawdown | 4.54 | 9.99 | -5.45 |
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Drawdowns
ASRR.DE vs. ESAP.DE - Drawdown Comparison
The maximum ASRR.DE drawdown since its inception was -22.26%, smaller than the maximum ESAP.DE drawdown of -33.78%. Use the drawdown chart below to compare losses from any high point for ASRR.DE and ESAP.DE.
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Drawdown Indicators
| ASRR.DE | ESAP.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -22.26% | -33.78% | +11.52% |
Max Drawdown (1Y)Largest decline over 1 year | -11.59% | -7.15% | -4.44% |
Max Drawdown (3Y)Largest decline over 3 years | -13.94% | -22.84% | +8.90% |
Max Drawdown (5Y)Largest decline over 5 years | — | -22.84% | — |
Current DrawdownCurrent decline from peak | -1.40% | -1.42% | +0.02% |
Average DrawdownAverage peak-to-trough decline | -5.00% | -4.96% | -0.04% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.44% | 2.13% | +1.31% |
Volatility
ASRR.DE vs. ESAP.DE - Volatility Comparison
BNP Paribas Easy MSCI Europe SRI S-Series PAB 5% Capped UCITS ETF EUR Acc (ASRR.DE) has a higher volatility of 3.12% compared to BNP Paribas Easy S&P 500 UCITS ETF USD (ESAP.DE) at 2.97%. This indicates that ASRR.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
| ASRR.DE | ESAP.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.12% | 2.97% | +0.15% |
Volatility (6M)Calculated over the trailing 6-month period | 11.71% | 9.08% | +2.63% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.26% | 12.76% | +1.50% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.77% | 16.01% | -1.24% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.77% | 17.81% | -3.04% |
ASRR.DE vs. ESAP.DE - Expense Ratio Comparison
ASRR.DE has a 0.25% expense ratio, which is higher than ESAP.DE's 0.15% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
ASRR.DE vs. ESAP.DE - Dividend Comparison
Neither ASRR.DE nor ESAP.DE has paid dividends to shareholders.
Frequently Asked Questions
ASRR.DE and ESAP.DE have a correlation of 0.43, 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 0.25% for ASRR.DE.
ASRR.DE is categorized as Europe Equities, while ESAP.DE is S&P 500. ASRR.DE tracks MSCI Europe SRI S-Series PAB 5% Capped, while ESAP.DE tracks S&P 500 Index. Their fees differ too: 0.25% for ASRR.DE and 0.15% for ESAP.DE.
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