ASRS.DE vs. JBEM.DE

Last updated Jun 26, 2026

ASRS.DE (BNP Paribas Easy ECPI Global ESG Hydrogen Economy UCITS ETF EUR Capitalisation) and JBEM.DE (BNP Paribas Easy JPM ESG EMU Government Bond IG UCITS ETF) are both exchange-traded funds - ASRS.DE is a Alternative Energy Equities fund tracking the ECPI Global ESG Hydrogen Economy (NR) Index, while JBEM.DE is a European Government Bonds fund tracking the J.P. Morgan ESG EMU Government Bond IG Index. Both are passively managed. Over the past 3 years, ASRS.DE returned 15.07%/yr vs 2.25%/yr for JBEM.DE. At a 0.19 correlation, their price movements are largely independent. ASRS.DE charges 0.30%/yr vs 0.15%/yr for JBEM.DE.

Performance

ASRS.DE vs. JBEM.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in BNP Paribas Easy ECPI Global ESG Hydrogen Economy UCITS ETF EUR Capitalisation (ASRS.DE) and BNP Paribas Easy JPM ESG EMU Government Bond IG UCITS ETF (JBEM.DE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ASRS.DE achieves a 25.73% return, which is significantly higher than JBEM.DE's 1.27% return.

ASRS.DE

• 1D: 0.00%
• 1M: -2.71%
• YTD: 25.73%
• 6M: 26.81%
• 1Y: 58.95%
• 3Y*: 15.07%
• 5Y*: —
• 10Y*: —

JBEM.DE

• 1D: 0.10%
• 1M: 0.84%
• YTD: 1.27%
• 6M: 1.37%
• 1Y: 1.05%
• 3Y*: 2.25%
• 5Y*: -2.11%
• 10Y*: —

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

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

	2026 (YTD)	2025	2024	2023	2022
ASRS.DE BNP Paribas Easy ECPI Global ESG Hydrogen Economy UCITS ETF EUR Capitalisation	25.73%	32.28%	-6.37%	-3.66%	-7.70%
JBEM.DE BNP Paribas Easy JPM ESG EMU Government Bond IG UCITS ETF	1.27%	0.42%	1.18%	6.64%	-14.40%

Correlation

The correlation between ASRS.DE and JBEM.DE is 0.30, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.30
Correlation (3Y) Calculated over the trailing 3-year period	0.24
Correlation (All Time) Calculated using the full available price history since Mar 17, 2022	0.19

The correlation between ASRS.DE and JBEM.DE shifts across timeframes, from 0.19 (all time) to 0.30 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

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

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

ASRS.DE

ASRS.DE Risk / Return Rank: 94
ASRS.DE Sharpe Ratio Rank: 95
ASRS.DE Sortino Ratio Rank: 94
ASRS.DE Omega Ratio Rank: 91
ASRS.DE Calmar Ratio Rank: 96
ASRS.DE Martin Ratio Rank: 94

JBEM.DE

JBEM.DE Risk / Return Rank: 11
JBEM.DE Sharpe Ratio Rank: 12
JBEM.DE Sortino Ratio Rank: 10
JBEM.DE Omega Ratio Rank: 10
JBEM.DE Calmar Ratio Rank: 12
JBEM.DE Martin Ratio Rank: 12

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.

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

This table presents a comparison of risk-adjusted performance metrics for BNP Paribas Easy ECPI Global ESG Hydrogen Economy UCITS ETF EUR Capitalisation (ASRS.DE) and BNP Paribas Easy JPM ESG EMU Government Bond IG UCITS ETF (JBEM.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.

	ASRS.DE	JBEM.DE	Difference
Sharpe ratio: Return per unit of total volatility	3.28	0.25	+3.03
Sortino ratio: Return per unit of downside risk	4.19	0.39	+3.80
Omega ratio: Gain probability vs. loss probability	1.52	1.05	+0.47
Calmar ratio: Return relative to maximum drawdown	7.71	0.33	+7.38
Martin ratio: Return relative to average drawdown	24.16	0.79	+23.37

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

The current ASRS.DE Sharpe Ratio is 3.28, which is higher than the JBEM.DE Sharpe Ratio of 0.25. The chart below compares the historical Sharpe Ratios of ASRS.DE and JBEM.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.

Drawdowns

ASRS.DE vs. JBEM.DE - Drawdown Comparison

The maximum ASRS.DE drawdown since its inception was -36.11%, which is greater than JBEM.DE's maximum drawdown of -22.48%. Use the drawdown chart below to compare losses from any high point for ASRS.DE and JBEM.DE.

Drawdown Indicators

	ASRS.DE	JBEM.DE	Difference
Max Drawdown Largest peak-to-trough decline	-36.11%	-22.48%	-13.63%
Max Drawdown (1Y) Largest decline over 1 year	-7.68%	-3.21%	-4.47%
Max Drawdown (3Y) Largest decline over 3 years	-25.09%	-3.95%	-21.14%
Max Drawdown (5Y) Largest decline over 5 years	—	-21.49%	—
Current Drawdown Current decline from peak	-2.71%	-13.76%	+11.05%
Average Drawdown Average peak-to-trough decline	-15.56%	-10.59%	-4.97%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.45%	1.33%	+1.12%

Volatility

ASRS.DE vs. JBEM.DE - Volatility Comparison

BNP Paribas Easy ECPI Global ESG Hydrogen Economy UCITS ETF EUR Capitalisation (ASRS.DE) has a higher volatility of 4.44% compared to BNP Paribas Easy JPM ESG EMU Government Bond IG UCITS ETF (JBEM.DE) at 1.10%. This indicates that ASRS.DE's price experiences larger fluctuations and is considered to be riskier than JBEM.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ASRS.DE	JBEM.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.44%	1.10%	+3.34%
Volatility (6M) Calculated over the trailing 6-month period	13.23%	3.51%	+9.72%
Volatility (1Y) Calculated over the trailing 1-year period	18.06%	4.18%	+13.88%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.05%	6.18%	+11.87%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.05%	5.72%	+12.33%

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

ASRS.DE has a 0.30% expense ratio, which is higher than JBEM.DE's 0.15% expense ratio.

Dividends

ASRS.DE vs. JBEM.DE - Dividend Comparison

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

Tickers have no history of dividend payments

Frequently Asked Questions

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

ASRS.DE and JBEM.DE have a correlation of 0.30, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

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

On fees, JBEM.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, ASRS.DE or JBEM.DE?

JBEM.DE is cheaper with a 0.15% expense ratio, compared with 0.30% for ASRS.DE.

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

ASRS.DE is categorized as Alternative Energy Equities, while JBEM.DE is European Government Bonds. ASRS.DE tracks ECPI Global ESG Hydrogen Economy (NR) Index, while JBEM.DE tracks J.P. Morgan ESG EMU Government Bond IG Index. Their fees differ too: 0.30% for ASRS.DE and 0.15% for JBEM.DE.