ASRV.DE vs. IBCJ.DE
ASRV.DE (BNP Paribas Easy ESG Eurozone Biodiversity Leaders PAB UCITS ETF) and IBCJ.DE (iShares MSCI Poland UCITS ETF USD (Acc)) are both Europe Equities funds - ASRV.DE tracks the Euronext ESG Eurozone Biodiversity Leaders PAB while IBCJ.DE tracks the MSCI Poland. Both are passively managed. Over the past 3 years, ASRV.DE returned 10.82%/yr vs 29.89%/yr for IBCJ.DE. A 0.51 correlation means they provide meaningful diversification when combined. ASRV.DE charges 0.35%/yr vs 0.74%/yr for IBCJ.DE.
Performance
ASRV.DE vs. IBCJ.DE - Performance Comparison
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Returns By Period
In the year-to-date period, ASRV.DE achieves a -0.76% return, which is significantly lower than IBCJ.DE's 16.30% return.
ASRV.DE
- 1D
- 0.00%
- 1M
- 0.00%
- YTD
- -0.76%
- 6M
- -0.11%
- 1Y
- 6.28%
- 3Y*
- 10.82%
- 5Y*
- —
- 10Y*
- —
IBCJ.DE
- 1D
- 0.17%
- 1M
- 5.66%
- YTD
- 16.30%
- 6M
- 25.77%
- 1Y
- 38.98%
- 3Y*
- 29.89%
- 5Y*
- 14.80%
- 10Y*
- 9.17%
ASRV.DE vs. IBCJ.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
ASRV.DE BNP Paribas Easy ESG Eurozone Biodiversity Leaders PAB UCITS ETF | -0.76% | 18.35% | 11.59% | 16.10% | 11.29% |
IBCJ.DE iShares MSCI Poland UCITS ETF USD (Acc) | 16.30% | 53.66% | -0.42% | 43.86% | 34.98% |
Correlation
The correlation between ASRV.DE and IBCJ.DE is 0.45, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.45 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.51 |
Correlation (All Time) Calculated using the full available price history since Sep 30, 2022 | 0.51 |
The correlation between ASRV.DE and IBCJ.DE has been stable across timeframes, ranging from 0.45 to 0.51 - a consistent structural relationship.
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Return for Risk
ASRV.DE vs. IBCJ.DE — Risk / Return Rank
ASRV.DE
IBCJ.DE
ASRV.DE vs. IBCJ.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BNP Paribas Easy ESG Eurozone Biodiversity Leaders PAB UCITS ETF (ASRV.DE) and iShares MSCI Poland UCITS ETF USD (Acc) (IBCJ.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.
| ASRV.DE | IBCJ.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.17 | ||
| Sortino ratioReturn per unit of downside risk | -1.55 | ||
| Omega ratioGain probability vs. loss probability | 1.10 | 1.28 | -0.18 |
| Calmar ratioReturn relative to maximum drawdown | 0.56 | 3.90 | -3.34 |
| Martin ratioReturn relative to average drawdown | 1.55 | 9.60 | -8.05 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| ASRV.DE | IBCJ.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.48 | 1.65 | -1.17 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.55 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.36 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.05 | 0.15 | +0.91 |
Drawdowns
ASRV.DE vs. IBCJ.DE - Drawdown Comparison
The maximum ASRV.DE drawdown since its inception was -15.45%, smaller than the maximum IBCJ.DE drawdown of -56.11%. Use the drawdown chart below to compare losses from any high point for ASRV.DE and IBCJ.DE.
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Drawdown Indicators
| ASRV.DE | IBCJ.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -15.45% | -56.11% | +40.66% |
Max Drawdown (1Y)Largest decline over 1 year | -12.59% | -9.96% | -2.63% |
Max Drawdown (3Y)Largest decline over 3 years | -15.45% | -18.47% | +3.02% |
Max Drawdown (5Y)Largest decline over 5 years | — | -47.31% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -56.11% | — |
Current DrawdownCurrent decline from peak | -8.14% | -1.16% | -6.98% |
Average DrawdownAverage peak-to-trough decline | -2.66% | -19.38% | +16.72% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.56% | 4.05% | +0.51% |
Volatility
ASRV.DE vs. IBCJ.DE - Volatility Comparison
The current volatility for BNP Paribas Easy ESG Eurozone Biodiversity Leaders PAB UCITS ETF (ASRV.DE) is 0.00%, while iShares MSCI Poland UCITS ETF USD (Acc) (IBCJ.DE) has a volatility of 7.13%. This indicates that ASRV.DE experiences smaller price fluctuations and is considered to be less risky than IBCJ.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ASRV.DE | IBCJ.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.00% | 7.13% | -7.13% |
Volatility (6M)Calculated over the trailing 6-month period | 11.06% | 17.61% | -6.55% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.60% | 23.48% | -8.88% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.53% | 26.72% | -12.19% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.53% | 25.15% | -10.62% |
ASRV.DE vs. IBCJ.DE - Expense Ratio Comparison
ASRV.DE has a 0.35% expense ratio, which is lower than IBCJ.DE's 0.74% expense ratio.
Dividends
ASRV.DE vs. IBCJ.DE - Dividend Comparison
Neither ASRV.DE nor IBCJ.DE has paid dividends to shareholders.
Frequently Asked Questions
ASRV.DE and IBCJ.DE have a correlation of 0.45, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, ASRV.DE is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.
ASRV.DE is cheaper with a 0.35% expense ratio, compared with 0.74% for IBCJ.DE.
ASRV.DE tracks Euronext ESG Eurozone Biodiversity Leaders PAB, while IBCJ.DE tracks MSCI Poland. They also come from different issuers: BNP Paribas and iShares. Their fees differ too: 0.35% for ASRV.DE and 0.74% for IBCJ.DE.
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