ASRY.DE vs. XZEW.DE

Last updated Jun 26, 2026

ASRY.DE (BNP Paribas Easy MSCI World Min TE UCITS ETF EUR Acc) and XZEW.DE (Xtrackers S&P 500 Equal Weight ESG UCITS ETF 1C) are both exchange-traded funds - ASRY.DE is a ESG fund tracking the MSCI World Select Filtered Min TE Index, while XZEW.DE is a S&P 500 fund tracking the S&P 500 Equal Weight ESG. Both are passively managed. Over the past year, ASRY.DE returned 25.30% vs 26.03% for XZEW.DE. A 0.77 correlation means they provide meaningful diversification when combined. ASRY.DE charges 0.16%/yr vs 0.17%/yr for XZEW.DE.

Performance

ASRY.DE vs. XZEW.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in BNP Paribas Easy MSCI World Min TE UCITS ETF EUR Acc (ASRY.DE) and Xtrackers S&P 500 Equal Weight ESG UCITS ETF 1C (XZEW.DE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ASRY.DE achieves a 11.55% return, which is significantly lower than XZEW.DE's 14.02% return.

ASRY.DE

• 1D: 0.00%
• 1M: 1.51%
• YTD: 11.55%
• 6M: 12.01%
• 1Y: 25.30%
• 3Y*: —
• 5Y*: —
• 10Y*: —

XZEW.DE

• 1D: 0.00%
• 1M: 4.42%
• YTD: 14.02%
• 6M: 14.63%
• 1Y: 26.03%
• 3Y*: 13.83%
• 5Y*: —
• 10Y*: —

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

ASRY.DE vs. XZEW.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
ASRY.DE BNP Paribas Easy MSCI World Min TE UCITS ETF EUR Acc	11.55%	7.32%	25.18%	8.29%
XZEW.DE Xtrackers S&P 500 Equal Weight ESG UCITS ETF 1C	14.02%	1.09%	18.02%	9.09%

Correlation

The correlation between ASRY.DE and XZEW.DE is 0.66, 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	0.66
Correlation (All Time) Calculated using the full available price history since Oct 9, 2023	0.77

The correlation between ASRY.DE and XZEW.DE shifts across timeframes, from 0.66 (1 year) to 0.77 (all time), reflecting how their relationship changes across market environments.

Return for Risk

ASRY.DE vs. XZEW.DE — Risk / Return Rank

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

ASRY.DE

ASRY.DE Risk / Return Rank: 80
ASRY.DE Sharpe Ratio Rank: 78
ASRY.DE Sortino Ratio Rank: 78
ASRY.DE Omega Ratio Rank: 79
ASRY.DE Calmar Ratio Rank: 81
ASRY.DE Martin Ratio Rank: 84

XZEW.DE

XZEW.DE Risk / Return Rank: 40
XZEW.DE Sharpe Ratio Rank: 32
XZEW.DE Sortino Ratio Rank: 34
XZEW.DE Omega Ratio Rank: 74
XZEW.DE Calmar Ratio Rank: 36
XZEW.DE Martin Ratio Rank: 25

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.

ASRY.DE vs. XZEW.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 EUR Acc (ASRY.DE) and Xtrackers S&P 500 Equal Weight ESG UCITS ETF 1C (XZEW.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.

	ASRY.DE	XZEW.DE	Difference
Sharpe ratio: Return per unit of total volatility	2.19	1.07	+1.12
Sortino ratio: Return per unit of downside risk	3.06	1.67	+1.39
Omega ratio: Gain probability vs. loss probability	1.41	1.38	+0.03
Calmar ratio: Return relative to maximum drawdown	3.77	1.66	+2.11
Martin ratio: Return relative to average drawdown	15.04	3.19	+11.86

ASRY.DE vs. XZEW.DE - Sharpe Ratio Comparison

The current ASRY.DE Sharpe Ratio is 2.19, which is higher than the XZEW.DE Sharpe Ratio of 1.07. The chart below compares the historical Sharpe Ratios of ASRY.DE and XZEW.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

ASRY.DE vs. XZEW.DE - Drawdown Comparison

The maximum ASRY.DE drawdown since its inception was -21.60%, smaller than the maximum XZEW.DE drawdown of -23.98%. Use the drawdown chart below to compare losses from any high point for ASRY.DE and XZEW.DE.

Drawdown Indicators

	ASRY.DE	XZEW.DE	Difference
Max Drawdown Largest peak-to-trough decline	-21.60%	-23.98%	+2.38%
Max Drawdown (1Y) Largest decline over 1 year	-6.75%	-15.71%	+8.96%
Max Drawdown (3Y) Largest decline over 3 years	—	-23.98%	—
Current Drawdown Current decline from peak	-0.19%	0.00%	-0.19%
Average Drawdown Average peak-to-trough decline	-2.59%	-6.28%	+3.69%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.69%	8.16%	-6.47%

Volatility

ASRY.DE vs. XZEW.DE - Volatility Comparison

BNP Paribas Easy MSCI World Min TE UCITS ETF EUR Acc (ASRY.DE) has a higher volatility of 2.95% compared to Xtrackers S&P 500 Equal Weight ESG UCITS ETF 1C (XZEW.DE) at 2.21%. This indicates that ASRY.DE's price experiences larger fluctuations and is considered to be riskier than XZEW.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ASRY.DE	XZEW.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.95%	2.21%	+0.74%
Volatility (6M) Calculated over the trailing 6-month period	8.25%	7.24%	+1.01%
Volatility (1Y) Calculated over the trailing 1-year period	11.62%	24.30%	-12.68%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.54%	18.19%	-4.65%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.54%	18.19%	-4.65%

ASRY.DE vs. XZEW.DE - Expense Ratio Comparison

ASRY.DE has a 0.16% expense ratio, which is lower than XZEW.DE's 0.17% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

ASRY.DE vs. XZEW.DE - Dividend Comparison

Neither ASRY.DE nor XZEW.DE has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both ASRY.DE and XZEW.DE in my portfolio?

ASRY.DE and XZEW.DE have a correlation of 0.66, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, ASRY.DE or XZEW.DE?

On fees, ASRY.DE is cheaper at 0.16% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, ASRY.DE or XZEW.DE?

ASRY.DE is cheaper with a 0.16% expense ratio, compared with 0.17% for XZEW.DE.

What is the main difference between ASRY.DE and XZEW.DE?

ASRY.DE is categorized as ESG, while XZEW.DE is S&P 500. ASRY.DE tracks MSCI World Select Filtered Min TE Index, while XZEW.DE tracks S&P 500 Equal Weight ESG. They also come from different issuers: BNP Paribas and Xtrackers. Their fees differ too: 0.16% for ASRY.DE and 0.17% for XZEW.DE.