EMEC.DE vs. EMEH.DE
EMEC.DE (BNP Paribas Easy ECPI Circular Economy Leaders UCITS ETF EUR) and EMEH.DE (BNP Paribas Easy Energy & Metals Enhanced Roll UCITS ETF EUR) are both exchange-traded funds - EMEC.DE is a Global Equities fund tracking the ECPI Circular Economy Leaders Equity, while EMEH.DE is a Commodities fund tracking the BNP Paribas Energy & Metals Enhanced Roll (EUR Hedged). Both are passively managed. Over the past 5 years, EMEC.DE returned 9.49%/yr vs 11.35%/yr for EMEH.DE. At a 0.18 correlation, their price movements are largely independent. EMEC.DE charges 0.30%/yr vs 0.39%/yr for EMEH.DE.
Performance
EMEC.DE vs. EMEH.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, EMEC.DE achieves a 10.95% return, which is significantly lower than EMEH.DE's 21.33% return.
EMEC.DE
- 1D
- -0.24%
- 1M
- 5.19%
- YTD
- 10.95%
- 6M
- 10.54%
- 1Y
- 21.09%
- 3Y*
- 11.29%
- 5Y*
- 9.49%
- 10Y*
- —
EMEH.DE
- 1D
- -0.55%
- 1M
- -0.97%
- YTD
- 21.33%
- 6M
- 24.96%
- 1Y
- 44.23%
- 3Y*
- 16.63%
- 5Y*
- 11.35%
- 10Y*
- —
EMEC.DE vs. EMEH.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
EMEC.DE BNP Paribas Easy ECPI Circular Economy Leaders UCITS ETF EUR | 10.95% | 5.92% | 10.86% | 19.48% | -12.91% | 37.20% | 8.36% | 18.47% |
EMEH.DE BNP Paribas Easy Energy & Metals Enhanced Roll UCITS ETF EUR | 21.33% | 25.40% | 6.63% | -12.26% | 11.15% | 27.11% | -4.42% | 7.61% |
Correlation
The correlation between EMEC.DE and EMEH.DE is -0.13, 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 (1Y) Calculated over the trailing 1-year period | -0.13 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.05 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.14 |
Correlation (All Time) Calculated using the full available price history since Jun 5, 2019 | 0.18 |
The correlation between EMEC.DE and EMEH.DE shifts across timeframes, from -0.13 (1 year) to 0.18 (all time), reflecting how their relationship changes across market environments.
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
EMEC.DE vs. EMEH.DE — Risk / Return Rank
EMEC.DE
EMEH.DE
EMEC.DE vs. EMEH.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 EUR (EMEC.DE) and BNP Paribas Easy Energy & Metals Enhanced Roll UCITS ETF EUR (EMEH.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.
| EMEC.DE | EMEH.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.74 | ||
| Sortino ratioReturn per unit of downside risk | -0.45 | ||
| Omega ratioGain probability vs. loss probability | 1.31 | 1.45 | -0.15 |
| Calmar ratioReturn relative to maximum drawdown | 2.64 | 4.95 | -2.31 |
| Martin ratioReturn relative to average drawdown | 9.05 | 14.34 | -5.28 |
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
| EMEC.DE | EMEH.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.73 | 2.47 | -0.74 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.67 | 0.64 | +0.03 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.82 | -0.48 | +1.30 |
Drawdowns
EMEC.DE vs. EMEH.DE - Drawdown Comparison
The maximum EMEC.DE drawdown since its inception was -30.18%, smaller than the maximum EMEH.DE drawdown of -92.42%. Use the drawdown chart below to compare losses from any high point for EMEC.DE and EMEH.DE.
Loading charts...
Drawdown Indicators
| EMEC.DE | EMEH.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -30.18% | -92.42% | +62.24% |
Max Drawdown (1Y)Largest decline over 1 year | -7.95% | -8.89% | +0.94% |
Max Drawdown (3Y)Largest decline over 3 years | -20.78% | -12.28% | -8.50% |
Max Drawdown (5Y)Largest decline over 5 years | -20.78% | -32.73% | +11.95% |
Current DrawdownCurrent decline from peak | -0.24% | -80.34% | +80.10% |
Average DrawdownAverage peak-to-trough decline | -5.05% | -81.38% | +76.33% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.32% | 3.08% | -0.76% |
Volatility
EMEC.DE vs. EMEH.DE - Volatility Comparison
The current volatility for BNP Paribas Easy ECPI Circular Economy Leaders UCITS ETF EUR (EMEC.DE) is 3.47%, while BNP Paribas Easy Energy & Metals Enhanced Roll UCITS ETF EUR (EMEH.DE) has a volatility of 4.15%. This indicates that EMEC.DE experiences smaller price fluctuations and is considered to be less risky than EMEH.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| EMEC.DE | EMEH.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.47% | 4.15% | -0.68% |
Volatility (6M)Calculated over the trailing 6-month period | 8.86% | 15.95% | -7.09% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.15% | 17.83% | -5.68% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.05% | 17.50% | -3.45% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.00% | 34.16% | -18.16% |
EMEC.DE vs. EMEH.DE - Expense Ratio Comparison
EMEC.DE has a 0.30% expense ratio, which is lower than EMEH.DE's 0.39% expense ratio.
Dividends
EMEC.DE vs. EMEH.DE - Dividend Comparison
Neither EMEC.DE nor EMEH.DE has paid dividends to shareholders.
Frequently Asked Questions
EMEC.DE and EMEH.DE have a correlation of -0.13, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, EMEC.DE is cheaper at 0.30% per year. The better choice depends on whether you care most about return, fees, risk, or income.
EMEC.DE is cheaper with a 0.30% expense ratio, compared with 0.39% for EMEH.DE.
EMEC.DE is categorized as Global Equities, while EMEH.DE is Commodities. EMEC.DE tracks ECPI Circular Economy Leaders Equity, while EMEH.DE tracks BNP Paribas Energy & Metals Enhanced Roll (EUR Hedged). Their fees differ too: 0.30% for EMEC.DE and 0.39% for EMEH.DE.
Find the right allocation for EMEC.DE and EMEH.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