BNQP.DE vs. FIND.L
BNQP.DE (BNPP RICI Kupfer (TR) Enhanced ETC) and FIND.L (WisdomTree Industrial Metals Longer Dated) are both Metals funds - BNQP.DE tracks the RICI Enhanced Copper while FIND.L tracks the Bloomberg Industrial Metals 3 Month Forward. Both are passively managed. Over the past 5 years, BNQP.DE returned 9.93%/yr vs 7.17%/yr for FIND.L. A 0.77 correlation means they provide meaningful diversification when combined. BNQP.DE charges 1.00%/yr vs 0.49%/yr for FIND.L.
Performance
BNQP.DE vs. FIND.L - Performance Comparison
Loading charts...
Different Trading Currencies
BNQP.DE is traded in EUR, while FIND.L is traded in USD. To make them comparable, the FIND.L values have been converted to EUR using the latest available exchange rates.
Returns By Period
In the year-to-date period, BNQP.DE achieves a 12.82% return, which is significantly lower than FIND.L's 16.62% return.
BNQP.DE
- 1D
- 0.72%
- 1M
- 6.09%
- YTD
- 12.82%
- 6M
- 23.25%
- 1Y
- 42.24%
- 3Y*
- 17.47%
- 5Y*
- 9.93%
- 10Y*
- —
FIND.L
- 1D
- -0.75%
- 1M
- 5.21%
- YTD
- 16.62%
- 6M
- 21.27%
- 1Y
- 29.93%
- 3Y*
- 10.67%
- 5Y*
- 7.17%
- 10Y*
- 8.27%
BNQP.DE vs. FIND.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
BNQP.DE BNPP RICI Kupfer (TR) Enhanced ETC | 12.82% | 20.92% | 16.44% | 2.18% | -3.18% | 31.64% | 12.34% | 7.41% | -13.56% | 16.95% |
FIND.L WisdomTree Industrial Metals Longer Dated | 16.63% | 5.64% | 10.47% | -13.78% | 4.16% | 38.11% | 4.98% | 8.09% | -16.52% | 11.45% |
Correlation
The correlation between BNQP.DE and FIND.L is 0.77, 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 | 0.77 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.77 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.75 |
Correlation (All Time) Calculated using the full available price history since Oct 18, 2016 | 0.77 |
The correlation between BNQP.DE and FIND.L has been stable across timeframes, ranging from 0.75 to 0.77 - a consistent structural relationship.
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
BNQP.DE vs. FIND.L — Risk / Return Rank
BNQP.DE
FIND.L
BNQP.DE vs. FIND.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BNPP RICI Kupfer (TR) Enhanced ETC (BNQP.DE) and WisdomTree Industrial Metals Longer Dated (FIND.L). 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.
| BNQP.DE | FIND.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.66 | ||
| Sortino ratioReturn per unit of downside risk | +1.11 | ||
| Omega ratioGain probability vs. loss probability | 1.40 | 1.31 | +0.09 |
| Calmar ratioReturn relative to maximum drawdown | 4.87 | 2.67 | +2.20 |
| Martin ratioReturn relative to average drawdown | 16.92 | 6.36 | +10.55 |
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
| BNQP.DE | FIND.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.21 | 1.54 | +0.66 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.52 | 0.32 | +0.19 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.43 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.66 | 0.10 | +0.56 |
Drawdowns
BNQP.DE vs. FIND.L - Drawdown Comparison
The maximum BNQP.DE drawdown since its inception was -29.03%, smaller than the maximum FIND.L drawdown of -55.92%. Use the drawdown chart below to compare losses from any high point for BNQP.DE and FIND.L.
Loading charts...
Drawdown Indicators
| BNQP.DE | FIND.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -29.03% | -55.92% | +26.89% |
Max Drawdown (1Y)Largest decline over 1 year | -8.63% | -11.14% | +2.51% |
Max Drawdown (3Y)Largest decline over 3 years | -17.93% | -19.64% | +1.71% |
Max Drawdown (5Y)Largest decline over 5 years | -25.14% | -40.16% | +15.02% |
Max Drawdown (10Y)Largest decline over 10 years | — | -40.16% | — |
Current DrawdownCurrent decline from peak | -1.26% | -14.72% | +13.46% |
Average DrawdownAverage peak-to-trough decline | -9.15% | -31.60% | +22.45% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.49% | 4.69% | -2.20% |
Volatility
BNQP.DE vs. FIND.L - Volatility Comparison
BNPP RICI Kupfer (TR) Enhanced ETC (BNQP.DE) has a higher volatility of 5.70% compared to WisdomTree Industrial Metals Longer Dated (FIND.L) at 5.28%. This indicates that BNQP.DE's price experiences larger fluctuations and is considered to be riskier than FIND.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| BNQP.DE | FIND.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.70% | 5.28% | +0.42% |
Volatility (6M)Calculated over the trailing 6-month period | 15.31% | 13.55% | +1.76% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.07% | 19.29% | -0.22% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.11% | 22.13% | -3.02% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.78% | 19.43% | -0.65% |
BNQP.DE vs. FIND.L - Expense Ratio Comparison
BNQP.DE has a 1.00% expense ratio, which is higher than FIND.L's 0.49% expense ratio.
Dividends
BNQP.DE vs. FIND.L - Dividend Comparison
Neither BNQP.DE nor FIND.L has paid dividends to shareholders.
Frequently Asked Questions
BNQP.DE and FIND.L have a correlation of 0.77, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, FIND.L is cheaper at 0.49% per year. The better choice depends on whether you care most about return, fees, risk, or income.
FIND.L is cheaper with a 0.49% expense ratio, compared with 1.00% for BNQP.DE.
BNQP.DE tracks RICI Enhanced Copper, while FIND.L tracks Bloomberg Industrial Metals 3 Month Forward. They also come from different issuers: BNP Paribas and WisdomTree. Their fees differ too: 1.00% for BNQP.DE and 0.49% for FIND.L.
Find the right allocation for BNQP.DE and FIND.L
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