ASRT.DE vs. XZE5.DE
ASRT.DE (BNP Paribas Easy EUR Corporate Bond SRI PAB UCITS ETF Dist) and XZE5.DE (Xtrackers II EUR Corporate Bond Short Duration SRI PAB UCITS ETF 1C) are both European Corporate Bonds funds - ASRT.DE tracks the Bloomberg MSCI Euro Corporate SRI Sustainable Select Ex Fossil Fuel PAB while XZE5.DE tracks the Bloomberg Euro Corp TR EUR. Both are passively managed. Over the past 3 years, ASRT.DE returned 4.70%/yr vs 4.07%/yr for XZE5.DE. Their correlation of 0.87 suggests significant overlap in exposure. ASRT.DE charges 0.20%/yr vs 0.16%/yr for XZE5.DE.
Performance
ASRT.DE vs. XZE5.DE - Performance Comparison
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Returns By Period
In the year-to-date period, ASRT.DE achieves a 1.26% return, which is significantly higher than XZE5.DE's 0.85% return.
ASRT.DE
- 1D
- 0.00%
- 1M
- 0.67%
- YTD
- 1.26%
- 6M
- 1.48%
- 1Y
- 2.34%
- 3Y*
- 4.70%
- 5Y*
- —
- 10Y*
- —
XZE5.DE
- 1D
- 0.00%
- 1M
- 0.38%
- YTD
- 0.85%
- 6M
- 0.88%
- 1Y
- 1.96%
- 3Y*
- 4.07%
- 5Y*
- 1.16%
- 10Y*
- —
ASRT.DE vs. XZE5.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
ASRT.DE BNP Paribas Easy EUR Corporate Bond SRI PAB UCITS ETF Dist | 1.26% | 2.88% | 4.14% | 7.70% | -9.48% |
XZE5.DE Xtrackers II EUR Corporate Bond Short Duration SRI PAB UCITS ETF 1C | 0.85% | 3.08% | 4.10% | 5.27% | -4.25% |
Correlation
The correlation between ASRT.DE and XZE5.DE is 0.76, 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 | 0.76 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.83 |
Correlation (All Time) Calculated using the full available price history since Apr 7, 2022 | 0.87 |
The correlation between ASRT.DE and XZE5.DE shifts across timeframes, from 0.76 (1 year) to 0.87 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
ASRT.DE vs. XZE5.DE — Risk / Return Rank
ASRT.DE
XZE5.DE
ASRT.DE vs. XZE5.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BNP Paribas Easy EUR Corporate Bond SRI PAB UCITS ETF Dist (ASRT.DE) and Xtrackers II EUR Corporate Bond Short Duration SRI PAB UCITS ETF 1C (XZE5.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.
| ASRT.DE | XZE5.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.31 | ||
| Sortino ratioReturn per unit of downside risk | -0.48 | ||
| Omega ratioGain probability vs. loss probability | 1.14 | 1.19 | -0.05 |
| Calmar ratioReturn relative to maximum drawdown | 0.82 | 1.19 | -0.37 |
| Martin ratioReturn relative to average drawdown | 2.66 | 4.23 | -1.57 |
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Drawdowns
ASRT.DE vs. XZE5.DE - Drawdown Comparison
The maximum ASRT.DE drawdown since its inception was -12.13%, which is greater than XZE5.DE's maximum drawdown of -8.73%. Use the drawdown chart below to compare losses from any high point for ASRT.DE and XZE5.DE.
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Drawdown Indicators
| ASRT.DE | XZE5.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -12.13% | -8.73% | -3.40% |
Max Drawdown (1Y)Largest decline over 1 year | -2.87% | -1.66% | -1.21% |
Max Drawdown (3Y)Largest decline over 3 years | -2.87% | -1.66% | -1.21% |
Max Drawdown (5Y)Largest decline over 5 years | — | -8.73% | — |
Current DrawdownCurrent decline from peak | -0.15% | -0.01% | -0.14% |
Average DrawdownAverage peak-to-trough decline | -3.66% | -2.28% | -1.38% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.88% | 0.46% | +0.42% |
Volatility
ASRT.DE vs. XZE5.DE - Volatility Comparison
BNP Paribas Easy EUR Corporate Bond SRI PAB UCITS ETF Dist (ASRT.DE) has a higher volatility of 0.84% compared to Xtrackers II EUR Corporate Bond Short Duration SRI PAB UCITS ETF 1C (XZE5.DE) at 0.50%. This indicates that ASRT.DE's price experiences larger fluctuations and is considered to be riskier than XZE5.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ASRT.DE | XZE5.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.84% | 0.50% | +0.34% |
Volatility (6M)Calculated over the trailing 6-month period | 2.92% | 1.67% | +1.25% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.33% | 1.94% | +1.39% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.05% | 2.55% | +2.50% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.05% | 2.38% | +2.67% |
ASRT.DE vs. XZE5.DE - Expense Ratio Comparison
ASRT.DE has a 0.20% expense ratio, which is higher than XZE5.DE's 0.16% 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
ASRT.DE vs. XZE5.DE - Dividend Comparison
ASRT.DE's dividend yield for the trailing twelve months is around 2.47%, while XZE5.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
ASRT.DE BNP Paribas Easy EUR Corporate Bond SRI PAB UCITS ETF Dist | 2.47% | 3.29% | 3.49% | 1.06% |
XZE5.DE Xtrackers II EUR Corporate Bond Short Duration SRI PAB UCITS ETF 1C | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
ASRT.DE and XZE5.DE have a correlation of 0.76, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XZE5.DE is cheaper at 0.16% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XZE5.DE is cheaper with a 0.16% expense ratio, compared with 0.20% for ASRT.DE.
ASRT.DE tracks Bloomberg MSCI Euro Corporate SRI Sustainable Select Ex Fossil Fuel PAB, while XZE5.DE tracks Bloomberg Euro Corp TR EUR. They also come from different issuers: BNP Paribas Asset Management Luxembourg and Xtrackers. Their fees differ too: 0.20% for ASRT.DE and 0.16% for XZE5.DE.
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