ASRW.DE vs. EUED.DE
ASRW.DE (BNP Paribas Easy MSCI World Min TE UCITS ETF USD Acc) and EUED.DE (iShares € Ultrashort Bond ESG SRI UCITS ETF EUR (Dist)) are both exchange-traded funds - ASRW.DE is a ESG fund tracking the MSCI World Select Filtered Min TE Index, while EUED.DE is a Ultrashort Bond fund tracking the iBoxx MSCI ESG SRI EUR Liquid Investment Grade Ultrashort Index. Both are passively managed. Over the past year, ASRW.DE returned 22.06% vs 1.24% for EUED.DE. At a 0.22 correlation, their price movements are largely independent. ASRW.DE charges 0.16%/yr vs 0.09%/yr for EUED.DE.
Performance
ASRW.DE vs. EUED.DE - Performance Comparison
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Different Trading Currencies
ASRW.DE is traded in USD, while EUED.DE is traded in EUR. To make them comparable, the EUED.DE values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, ASRW.DE achieves a 9.92% return, which is significantly higher than EUED.DE's -1.02% return.
ASRW.DE
- 1D
- 0.15%
- 1M
- 0.33%
- 6M
- 9.28%
- YTD
- 9.92%
- 1Y
- 22.06%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
EUED.DE
- 1D
- 0.66%
- 1M
- -0.64%
- 6M
- -0.35%
- YTD
- -1.02%
- 1Y
- 1.24%
- 3Y*
- 4.11%
- 5Y*
- 1.58%
- 10Y*
- —
ASRW.DE vs. EUED.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
ASRW.DE BNP Paribas Easy MSCI World Min TE UCITS ETF USD Acc | 9.92% | 20.73% | 10.39% |
EUED.DE iShares € Ultrashort Bond ESG SRI UCITS ETF EUR (Dist) | -1.02% | 15.78% | -1.26% |
Correlation
The correlation between ASRW.DE and EUED.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 (All Time) Calculated using the full available price history since May 30, 2024 | 0.22 |
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Return for Risk
ASRW.DE vs. EUED.DE — Risk / Return Rank
ASRW.DE
EUED.DE
ASRW.DE vs. EUED.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BNP Paribas Easy MSCI World Min TE UCITS ETF USD Acc (ASRW.DE) and iShares € Ultrashort Bond ESG SRI UCITS ETF EUR (Dist) (EUED.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.
| ASRW.DE | EUED.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.57 | ||
| Sortino ratioReturn per unit of downside risk | +2.36 | ||
| Omega ratioGain probability vs. loss probability | 1.32 | 1.04 | +0.28 |
| Calmar ratioReturn relative to maximum drawdown | 2.57 | 0.25 | +2.32 |
| Martin ratioReturn relative to average drawdown | 10.55 | 0.53 | +10.02 |
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Drawdowns
ASRW.DE vs. EUED.DE - Drawdown Comparison
The maximum ASRW.DE drawdown since its inception was -16.82%, smaller than the maximum EUED.DE drawdown of -23.24%. Use the drawdown chart below to compare losses from any high point for ASRW.DE and EUED.DE.
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Drawdown Indicators
| ASRW.DE | EUED.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -16.82% | -23.24% | +6.42% |
Max Drawdown (1Y)Largest decline over 1 year | -8.56% | -5.00% | -3.56% |
Max Drawdown (3Y)Largest decline over 3 years | — | -7.42% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -20.25% | — |
Current DrawdownCurrent decline from peak | 0.00% | -3.62% | +3.62% |
Average DrawdownAverage peak-to-trough decline | -1.72% | -7.12% | +5.40% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.09% | 2.35% | -0.26% |
Volatility
ASRW.DE vs. EUED.DE - Volatility Comparison
BNP Paribas Easy MSCI World Min TE UCITS ETF USD Acc (ASRW.DE) has a higher volatility of 2.73% compared to iShares € Ultrashort Bond ESG SRI UCITS ETF EUR (Dist) (EUED.DE) at 1.69%. This indicates that ASRW.DE's price experiences larger fluctuations and is considered to be riskier than EUED.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ASRW.DE | EUED.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.73% | 1.69% | +1.04% |
Volatility (6M)Calculated over the trailing 6-month period | 9.96% | 4.73% | +5.23% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.49% | 6.48% | +6.01% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.34% | 7.85% | +6.49% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.34% | 7.97% | +6.37% |
ASRW.DE vs. EUED.DE - Expense Ratio Comparison
ASRW.DE has a 0.16% expense ratio, which is higher than EUED.DE's 0.09% 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
ASRW.DE vs. EUED.DE - Dividend Comparison
ASRW.DE has not paid dividends to shareholders, while EUED.DE's dividend yield for the trailing twelve months is around 2.36%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
ASRW.DE BNP Paribas Easy MSCI World Min TE UCITS ETF USD Acc | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
EUED.DE iShares € Ultrashort Bond ESG SRI UCITS ETF EUR (Dist) | 2.36% | 2.74% | 3.86% | 2.75% | 0.00% | 0.00% | 0.11% |
Frequently Asked Questions
ASRW.DE and EUED.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.
On fees, EUED.DE is cheaper at 0.09% per year. The better choice depends on whether you care most about return, fees, risk, or income.
EUED.DE is cheaper with a 0.09% expense ratio, compared with 0.16% for ASRW.DE.
ASRW.DE is categorized as ESG, while EUED.DE is Ultrashort Bond. ASRW.DE tracks MSCI World Select Filtered Min TE Index, while EUED.DE tracks iBoxx MSCI ESG SRI EUR Liquid Investment Grade Ultrashort Index. They also come from different issuers: BNP Paribas and iShares. Their fees differ too: 0.16% for ASRW.DE and 0.09% for EUED.DE.
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