CAP.PA vs. ESE.PA

Last updated Jun 5, 2026

CAP.PA (Capgemini SE) is a stock, while ESE.PA (BNP Paribas Easy S&P 500 UCITS ETF) is S&P 500 fund tracking the S&P 500 Index. Over the past 10 years, CAP.PA returned 3.73%/yr vs 15.10%/yr for ESE.PA. At a 0.41 correlation, their price movements are largely independent.

Performance

CAP.PA vs. ESE.PA - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Capgemini SE (CAP.PA) and BNP Paribas Easy S&P 500 UCITS ETF (ESE.PA). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CAP.PA achieves a -24.39% return, which is significantly lower than ESE.PA's 11.48% return. Over the past 10 years, CAP.PA has underperformed ESE.PA with an annualized return of 3.73%, while ESE.PA has yielded a comparatively higher 15.10% annualized return.

CAP.PA

• 1D: 6.61%
• 1M: 1.99%
• YTD: -24.39%
• 6M: -24.63%
• 1Y: -26.96%
• 3Y*: -12.45%
• 5Y*: -5.15%
• 10Y*: 3.73%

ESE.PA

• 1D: -0.10%
• 1M: 5.24%
• YTD: 11.48%
• 6M: 11.30%
• 1Y: 25.41%
• 3Y*: 18.70%
• 5Y*: 14.69%
• 10Y*: 15.10%

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

CAP.PA vs. ESE.PA - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
CAP.PA Capgemini SE	-24.39%	-7.98%	-14.83%	23.58%	-26.66%	72.15%	18.14%	27.68%	-10.91%	25.46%
ESE.PA BNP Paribas Easy S&P 500 UCITS ETF	11.48%	3.58%	33.68%	22.35%	-14.10%	40.40%	8.06%	33.39%	-0.04%	7.07%

Correlation

The correlation between CAP.PA and ESE.PA is 0.25, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.25
Correlation (3Y) Calculated over the trailing 3-year period	0.33
Correlation (5Y) Calculated over the trailing 5-year period	0.44
Correlation (10Y) Calculated over the trailing 10-year period	0.46
Correlation (All Time) Calculated using the full available price history since Jul 4, 2008	0.41

The correlation between CAP.PA and ESE.PA shifts across timeframes, from 0.25 (1 year) to 0.46 (10 years), reflecting how their relationship changes across market environments.

Return for Risk

CAP.PA vs. ESE.PA — Risk / Return Rank

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

CAP.PA

CAP.PA Risk / Return Rank: 13
CAP.PA Sharpe Ratio Rank: 10
CAP.PA Sortino Ratio Rank: 12
CAP.PA Omega Ratio Rank: 13
CAP.PA Calmar Ratio Rank: 15
CAP.PA Martin Ratio Rank: 16

ESE.PA

ESE.PA Risk / Return Rank: 69
ESE.PA Sharpe Ratio Rank: 68
ESE.PA Sortino Ratio Rank: 67
ESE.PA Omega Ratio Rank: 71
ESE.PA Calmar Ratio Rank: 72
ESE.PA Martin Ratio Rank: 69

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.

CAP.PA vs. ESE.PA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Capgemini SE (CAP.PA) and BNP Paribas Easy S&P 500 UCITS ETF (ESE.PA). 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.

	CAP.PA	ESE.PA	Difference
Sharpe ratio: Return per unit of total volatility	-0.77	2.21	-2.98
Sortino ratio: Return per unit of downside risk	-0.97	3.01	-3.98
Omega ratio: Gain probability vs. loss probability	0.89	1.41	-0.53
Calmar ratio: Return relative to maximum drawdown	-0.71	3.51	-4.22
Martin ratio: Return relative to average drawdown	-1.19	12.50	-13.69
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

CAP.PA vs. ESE.PA - Sharpe Ratio Comparison

The current CAP.PA Sharpe Ratio is -0.77, which is lower than the ESE.PA Sharpe Ratio of 2.21. The chart below compares the historical Sharpe Ratios of CAP.PA and ESE.PA, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	CAP.PA	ESE.PA	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.77	2.21	-2.98
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.17	0.96	-1.13
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.13	0.93	-0.80
Sharpe Ratio (All Time) Calculated using the full available price history	0.13	0.81	-0.69

Drawdowns

CAP.PA vs. ESE.PA - Drawdown Comparison

The maximum CAP.PA drawdown since its inception was -96.22%, which is greater than ESE.PA's maximum drawdown of -36.74%. Use the drawdown chart below to compare losses from any high point for CAP.PA and ESE.PA.

Drawdown Indicators

	CAP.PA	ESE.PA	Difference
Max Drawdown Largest peak-to-trough decline	-96.22%	-36.74%	-59.48%
Max Drawdown (1Y) Largest decline over 1 year	-37.65%	-7.15%	-30.50%
Max Drawdown (3Y) Largest decline over 3 years	-55.89%	-23.28%	-32.61%
Max Drawdown (5Y) Largest decline over 5 years	-55.89%	-23.28%	-32.61%
Max Drawdown (10Y) Largest decline over 10 years	-55.89%	-33.62%	-22.27%
Current Drawdown Current decline from peak	-53.25%	-0.41%	-52.84%
Average Drawdown Average peak-to-trough decline	-57.84%	-4.88%	-52.96%
Ulcer Index Depth and duration of drawdowns from previous peaks	22.50%	2.02%	+20.48%

Volatility

CAP.PA vs. ESE.PA - Volatility Comparison

Capgemini SE (CAP.PA) has a higher volatility of 14.22% compared to BNP Paribas Easy S&P 500 UCITS ETF (ESE.PA) at 2.64%. This indicates that CAP.PA's price experiences larger fluctuations and is considered to be riskier than ESE.PA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CAP.PA	ESE.PA	Difference
Volatility (1M) Calculated over the trailing 1-month period	14.22%	2.64%	+11.58%
Volatility (6M) Calculated over the trailing 6-month period	28.56%	7.47%	+21.09%
Volatility (1Y) Calculated over the trailing 1-year period	34.71%	11.37%	+23.34%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	29.68%	15.12%	+14.56%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	29.41%	16.09%	+13.32%

Dividends

CAP.PA vs. ESE.PA - Dividend Comparison

CAP.PA's dividend yield for the trailing twelve months is around 3.26%, while ESE.PA has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CAP.PA Capgemini SE	3.26%	2.39%	2.15%	1.72%	1.54%	0.90%	1.06%	1.56%	1.96%	1.57%	1.68%	1.40%
ESE.PA BNP Paribas Easy S&P 500 UCITS ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both CAP.PA and ESE.PA in my portfolio?

CAP.PA and ESE.PA have a correlation of 0.25, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.