BJLC.DE vs. ASRE.DE
BJLC.DE (BNP Paribas Easy ECPI Circular Economy Leaders UCITS ETF USD) and ASRE.DE (BNP Paribas Easy JPM ESG EMU Government Bond IG 3-5Y UCITS ETF) are both exchange-traded funds - BJLC.DE is a Global Equities fund tracking the ECPI Circular Economy Leaders Equity, while ASRE.DE is a European Government Bonds fund tracking the J.P. Morgan ESG EMU Government Bond IG 3-5 Year. Both are passively managed. Over the past 3 years, BJLC.DE returned 14.35%/yr vs 5.50%/yr for ASRE.DE. At a 0.31 correlation, their price movements are largely independent. BJLC.DE charges 0.30%/yr vs 0.15%/yr for ASRE.DE.
Performance
BJLC.DE vs. ASRE.DE - Performance Comparison
Loading charts...
Different Trading Currencies
BJLC.DE is traded in USD, while ASRE.DE is traded in EUR. To make them comparable, the ASRE.DE values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, BJLC.DE achieves a 9.66% return, which is significantly higher than ASRE.DE's -1.27% return.
BJLC.DE
- 1D
- -0.04%
- 1M
- 4.48%
- YTD
- 9.66%
- 6M
- 10.24%
- 1Y
- 23.30%
- 3Y*
- 14.35%
- 5Y*
- —
- 10Y*
- —
ASRE.DE
- 1D
- 0.18%
- 1M
- -0.32%
- YTD
- -1.27%
- 6M
- -0.39%
- 1Y
- 2.08%
- 3Y*
- 5.50%
- 5Y*
- -1.28%
- 10Y*
- —
BJLC.DE vs. ASRE.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
BJLC.DE BNP Paribas Easy ECPI Circular Economy Leaders UCITS ETF USD | 9.66% | 19.04% | 4.93% | 15.05% |
ASRE.DE BNP Paribas Easy JPM ESG EMU Government Bond IG 3-5Y UCITS ETF | -1.27% | 15.63% | -3.71% | 8.25% |
Correlation
The correlation between BJLC.DE and ASRE.DE is 0.38, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.38 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.34 |
Correlation (All Time) Calculated using the full available price history since Feb 21, 2023 | 0.31 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
BJLC.DE vs. ASRE.DE — Risk / Return Rank
BJLC.DE
ASRE.DE
BJLC.DE vs. ASRE.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BNP Paribas Easy ECPI Circular Economy Leaders UCITS ETF USD (BJLC.DE) and BNP Paribas Easy JPM ESG EMU Government Bond IG 3-5Y UCITS ETF (ASRE.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.
| BJLC.DE | ASRE.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.47 | ||
| Sortino ratioReturn per unit of downside risk | +2.14 | ||
| Omega ratioGain probability vs. loss probability | 1.31 | 1.05 | +0.25 |
| Calmar ratioReturn relative to maximum drawdown | 2.28 | 0.34 | +1.93 |
| Martin ratioReturn relative to average drawdown | 7.88 | 0.86 | +7.02 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| BJLC.DE | ASRE.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.75 | 0.28 | +1.47 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | -0.15 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.06 | -0.14 | +1.20 |
Drawdowns
BJLC.DE vs. ASRE.DE - Drawdown Comparison
The maximum BJLC.DE drawdown since its inception was -17.90%, smaller than the maximum ASRE.DE drawdown of -29.57%. Use the drawdown chart below to compare losses from any high point for BJLC.DE and ASRE.DE.
Loading charts...
Drawdown Indicators
| BJLC.DE | ASRE.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -17.90% | -29.57% | +11.67% |
Max Drawdown (1Y)Largest decline over 1 year | -10.23% | -6.01% | -4.22% |
Max Drawdown (3Y)Largest decline over 3 years | -17.90% | -9.00% | -8.90% |
Max Drawdown (5Y)Largest decline over 5 years | — | -29.35% | — |
Current DrawdownCurrent decline from peak | -0.04% | -6.69% | +6.65% |
Average DrawdownAverage peak-to-trough decline | -3.08% | -13.42% | +10.34% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.96% | 2.40% | +0.56% |
Volatility
BJLC.DE vs. ASRE.DE - Volatility Comparison
BNP Paribas Easy ECPI Circular Economy Leaders UCITS ETF USD (BJLC.DE) has a higher volatility of 3.93% compared to BNP Paribas Easy JPM ESG EMU Government Bond IG 3-5Y UCITS ETF (ASRE.DE) at 1.95%. This indicates that BJLC.DE's price experiences larger fluctuations and is considered to be riskier than ASRE.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| BJLC.DE | ASRE.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.93% | 1.95% | +1.98% |
Volatility (6M)Calculated over the trailing 6-month period | 10.28% | 5.45% | +4.83% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.33% | 7.39% | +5.94% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.03% | 8.52% | +5.51% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.03% | 8.43% | +5.60% |
BJLC.DE vs. ASRE.DE - Expense Ratio Comparison
BJLC.DE has a 0.30% expense ratio, which is higher than ASRE.DE's 0.15% expense ratio.
Dividends
BJLC.DE vs. ASRE.DE - Dividend Comparison
Neither BJLC.DE nor ASRE.DE has paid dividends to shareholders.
Frequently Asked Questions
BJLC.DE and ASRE.DE have a correlation of 0.38, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, ASRE.DE is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.
ASRE.DE is cheaper with a 0.15% expense ratio, compared with 0.30% for BJLC.DE.
BJLC.DE is categorized as Global Equities, while ASRE.DE is European Government Bonds. BJLC.DE tracks ECPI Circular Economy Leaders Equity, while ASRE.DE tracks J.P. Morgan ESG EMU Government Bond IG 3-5 Year. Their fees differ too: 0.30% for BJLC.DE and 0.15% for ASRE.DE.
Find the right allocation for BJLC.DE and ASRE.DE
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer