EEAU.DE vs. EEAS.DE

Last updated Jul 22, 2026

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

Performance

EEAU.DE vs. EEAS.DE - Performance Comparison

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

Returns By Period

EEAU.DE

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

EEAS.DE

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

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

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

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

Correlation

The correlation between EEAU.DE and EEAS.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

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

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

EEAU.DE vs. EEAS.DE - Drawdown Comparison

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

Drawdown Indicators

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

Volatility

Volatility by Period

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

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

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

Dividends

EEAU.DE vs. EEAS.DE - Dividend Comparison

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

Tickers have no history of dividend payments

Frequently Asked Questions

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

EEAU.DE and EEAS.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, EEAU.DE or EEAS.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, EEAU.DE or EEAS.DE?

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

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

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