EEAS.DE vs. EEAU.DE

Last updated Jul 22, 2026

EEAS.DE (BNP Paribas Easy - Global Equity Long/Short UCITS ETF EUR Accumulation) and EEAU.DE (BNP Paribas Easy - Managed Futures UCITS ETF EUR Capitalisation) are both exchange-traded funds - EEAS.DE is a Long-Short fund actively managed by BNP Paribas Easy, while EEAU.DE is a Systematic Trend fund actively managed by BNP Paribas Easy. Both are actively managed. At a correlation of -0.39, they often move in opposite directions. EEAS.DE charges 0.50%/yr vs 0.60%/yr for EEAU.DE.

Performance

EEAS.DE vs. EEAU.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in BNP Paribas Easy - Global Equity Long/Short UCITS ETF EUR Accumulation (EEAS.DE) and BNP Paribas Easy - Managed Futures UCITS ETF EUR Capitalisation (EEAU.DE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

EEAS.DE

• 1D: 0.00%
• 1M: —
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

EEAU.DE

• 1D: 0.00%
• 1M: —
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

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

EEAS.DE vs. EEAU.DE - Yearly Performance Comparison

	2026 (YTD)
EEAS.DE BNP Paribas Easy - Global Equity Long/Short UCITS ETF EUR Accumulation	1.19%
EEAU.DE BNP Paribas Easy - Managed Futures UCITS ETF EUR Capitalisation	0.72%

Correlation

The correlation between EEAS.DE and EEAU.DE is -0.39, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jul 13, 2026	-0.39

Return for Risk

EEAS.DE vs. EEAU.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for BNP Paribas Easy - Global Equity Long/Short UCITS ETF EUR Accumulation (EEAS.DE) and BNP Paribas Easy - Managed Futures UCITS ETF EUR Capitalisation (EEAU.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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Drawdowns

EEAS.DE vs. EEAU.DE - Drawdown Comparison

The maximum EEAS.DE drawdown since its inception was -0.26%, smaller than the maximum EEAU.DE drawdown of -1.79%. Use the drawdown chart below to compare losses from any high point for EEAS.DE and EEAU.DE.

Drawdown Indicators

	EEAS.DE	EEAU.DE	Difference
Max Drawdown Largest peak-to-trough decline	-0.26%	-1.79%	+1.53%
Current Drawdown Current decline from peak	0.00%	-0.71%	+0.71%
Average Drawdown Average peak-to-trough decline	-0.04%	-0.31%	+0.27%

Volatility

Volatility by Period

	EEAS.DE	EEAU.DE	Difference
Volatility (1Y) Calculated over the trailing 1-year period	3.51%	11.07%	-7.56%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	3.51%	11.07%	-7.56%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	3.51%	11.07%	-7.56%

EEAS.DE vs. EEAU.DE - Expense Ratio Comparison

EEAS.DE has a 0.50% expense ratio, which is lower than EEAU.DE's 0.60% expense ratio.

Dividends

EEAS.DE vs. EEAU.DE - Dividend Comparison

Neither EEAS.DE nor EEAU.DE has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both EEAS.DE and EEAU.DE in my portfolio?

EEAS.DE and EEAU.DE have a correlation of -0.39, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, EEAS.DE or EEAU.DE?

On fees, EEAS.DE is cheaper at 0.50% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, EEAS.DE or EEAU.DE?

EEAS.DE is cheaper with a 0.50% expense ratio, compared with 0.60% for EEAU.DE.

What is the main difference between EEAS.DE and EEAU.DE?

EEAS.DE is categorized as Long-Short, while EEAU.DE is Systematic Trend. Their fees differ too: 0.50% for EEAS.DE and 0.60% for EEAU.DE.