ASRV.DE vs. MIVA.DE
ASRV.DE (BNP Paribas Easy ESG Eurozone Biodiversity Leaders PAB UCITS ETF) and MIVA.DE (Amundi MSCI Europe Minimum Volatility Factor UCITS ETF EUR (C)) are both Europe Equities funds - ASRV.DE tracks the Euronext ESG Eurozone Biodiversity Leaders PAB while MIVA.DE tracks the MSCI Europe Minimum Volatility. Both are passively managed. Over the past 3 years, ASRV.DE returned 10.82%/yr vs 10.24%/yr for MIVA.DE. A 0.70 correlation means they provide meaningful diversification when combined. ASRV.DE charges 0.35%/yr vs 0.23%/yr for MIVA.DE.
Performance
ASRV.DE vs. MIVA.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 MIVA.DE's 5.31% return.
ASRV.DE
- 1D
- 0.00%
- 1M
- 0.00%
- YTD
- -0.76%
- 6M
- -0.11%
- 1Y
- 6.28%
- 3Y*
- 10.82%
- 5Y*
- —
- 10Y*
- —
MIVA.DE
- 1D
- 0.58%
- 1M
- 0.53%
- YTD
- 5.31%
- 6M
- 6.68%
- 1Y
- 5.26%
- 3Y*
- 10.24%
- 5Y*
- 7.20%
- 10Y*
- 6.51%
ASRV.DE vs. MIVA.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% |
MIVA.DE Amundi MSCI Europe Minimum Volatility Factor UCITS ETF EUR (C) | 5.31% | 12.05% | 11.43% | 10.68% | 7.65% |
Correlation
The correlation between ASRV.DE and MIVA.DE is 0.56, 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 | 0.56 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.67 |
Correlation (All Time) Calculated using the full available price history since Sep 30, 2022 | 0.70 |
The correlation between ASRV.DE and MIVA.DE shifts across timeframes, from 0.56 (1 year) to 0.70 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
ASRV.DE vs. MIVA.DE — Risk / Return Rank
ASRV.DE
MIVA.DE
ASRV.DE vs. MIVA.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 Amundi MSCI Europe Minimum Volatility Factor UCITS ETF EUR (C) (MIVA.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 | MIVA.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.12 | ||
| Sortino ratioReturn per unit of downside risk | -0.09 | ||
| Omega ratioGain probability vs. loss probability | 1.10 | 1.11 | -0.01 |
| Calmar ratioReturn relative to maximum drawdown | 0.56 | 0.75 | -0.19 |
| Martin ratioReturn relative to average drawdown | 1.55 | 1.96 | -0.42 |
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 | MIVA.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.48 | 0.60 | -0.12 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.65 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.52 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.05 | 0.53 | +0.53 |
Drawdowns
ASRV.DE vs. MIVA.DE - Drawdown Comparison
The maximum ASRV.DE drawdown since its inception was -15.45%, smaller than the maximum MIVA.DE drawdown of -30.57%. Use the drawdown chart below to compare losses from any high point for ASRV.DE and MIVA.DE.
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Drawdown Indicators
| ASRV.DE | MIVA.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -15.45% | -30.57% | +15.12% |
Max Drawdown (1Y)Largest decline over 1 year | -12.59% | -6.94% | -5.65% |
Max Drawdown (3Y)Largest decline over 3 years | -15.45% | -11.02% | -4.43% |
Max Drawdown (5Y)Largest decline over 5 years | — | -19.69% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -30.57% | — |
Current DrawdownCurrent decline from peak | -8.14% | -3.21% | -4.93% |
Average DrawdownAverage peak-to-trough decline | -2.66% | -5.64% | +2.98% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.56% | 2.67% | +1.89% |
Volatility
ASRV.DE vs. MIVA.DE - Volatility Comparison
The current volatility for BNP Paribas Easy ESG Eurozone Biodiversity Leaders PAB UCITS ETF (ASRV.DE) is 0.00%, while Amundi MSCI Europe Minimum Volatility Factor UCITS ETF EUR (C) (MIVA.DE) has a volatility of 3.14%. This indicates that ASRV.DE experiences smaller price fluctuations and is considered to be less risky than MIVA.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 | MIVA.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.00% | 3.14% | -3.14% |
Volatility (6M)Calculated over the trailing 6-month period | 11.06% | 7.19% | +3.87% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.60% | 8.76% | +5.84% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.53% | 10.96% | +3.57% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.53% | 12.34% | +2.19% |
ASRV.DE vs. MIVA.DE - Expense Ratio Comparison
ASRV.DE has a 0.35% expense ratio, which is higher than MIVA.DE's 0.23% expense ratio.
Dividends
ASRV.DE vs. MIVA.DE - Dividend Comparison
Neither ASRV.DE nor MIVA.DE has paid dividends to shareholders.
Frequently Asked Questions
ASRV.DE and MIVA.DE have a correlation of 0.56, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, MIVA.DE is cheaper at 0.23% per year. The better choice depends on whether you care most about return, fees, risk, or income.
MIVA.DE is cheaper with a 0.23% expense ratio, compared with 0.35% for ASRV.DE.
ASRV.DE tracks Euronext ESG Eurozone Biodiversity Leaders PAB, while MIVA.DE tracks MSCI Europe Minimum Volatility. They also come from different issuers: BNP Paribas and Amundi. Their fees differ too: 0.35% for ASRV.DE and 0.23% for MIVA.DE.
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