ESAD.DE vs. ENTR.DE

Last updated Jun 5, 2026

ESAD.DE (BNP Paribas Easy FTSE EPRA Nareit Global Developed Green CTB UCITS ETF EUR Capitalisation) and ENTR.DE (L&G New Energy Commodities UCITS ETF USD Accumulating) are both exchange-traded funds - ESAD.DE is a REIT fund tracking the FTSE EPRA Nareit Developed Green EU CTB, while ENTR.DE is a Commodities fund tracking the Solactive Energy Transition Commodity. Both are passively managed. Over the past year, ESAD.DE returned 7.43% vs 37.69% for ENTR.DE. At a 0.04 correlation, their price movements are largely independent. ESAD.DE charges 0.41%/yr vs 0.65%/yr for ENTR.DE.

Performance

ESAD.DE vs. ENTR.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in BNP Paribas Easy FTSE EPRA Nareit Global Developed Green CTB UCITS ETF EUR Capitalisation (ESAD.DE) and L&G New Energy Commodities UCITS ETF USD Accumulating (ENTR.DE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ESAD.DE achieves a 7.67% return, which is significantly lower than ENTR.DE's 12.78% return.

ESAD.DE

• 1D: 0.00%
• 1M: -0.65%
• YTD: 7.67%
• 6M: 6.84%
• 1Y: 7.43%
• 3Y*: 4.85%
• 5Y*: —
• 10Y*: —

ENTR.DE

• 1D: -0.84%
• 1M: 1.00%
• YTD: 12.78%
• 6M: 23.00%
• 1Y: 37.69%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

ESAD.DE vs. ENTR.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024
ESAD.DE BNP Paribas Easy FTSE EPRA Nareit Global Developed Green CTB UCITS ETF EUR Capitalisation	7.67%	-3.81%	10.62%
ENTR.DE L&G New Energy Commodities UCITS ETF USD Accumulating	12.78%	17.08%	-0.06%

Correlation

The correlation between ESAD.DE and ENTR.DE is 0.01, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.01
Correlation (All Time) Calculated using the full available price history since Apr 18, 2024	0.04

Return for Risk

ESAD.DE vs. ENTR.DE — Risk / Return Rank

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

ESAD.DE

ESAD.DE Risk / Return Rank: 20
ESAD.DE Sharpe Ratio Rank: 20
ESAD.DE Sortino Ratio Rank: 19
ESAD.DE Omega Ratio Rank: 18
ESAD.DE Calmar Ratio Rank: 20
ESAD.DE Martin Ratio Rank: 22

ENTR.DE

ENTR.DE Risk / Return Rank: 72
ENTR.DE Sharpe Ratio Rank: 71
ENTR.DE Sortino Ratio Rank: 67
ENTR.DE Omega Ratio Rank: 70
ENTR.DE Calmar Ratio Rank: 77
ENTR.DE Martin Ratio Rank: 73

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.

ESAD.DE vs. ENTR.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for BNP Paribas Easy FTSE EPRA Nareit Global Developed Green CTB UCITS ETF EUR Capitalisation (ESAD.DE) and L&G New Energy Commodities UCITS ETF USD Accumulating (ENTR.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.

	ESAD.DE	ENTR.DE	Difference
Sharpe ratio: Return per unit of total volatility	0.63	2.27	-1.64
Sortino ratio: Return per unit of downside risk	0.96	3.04	-2.08
Omega ratio: Gain probability vs. loss probability	1.12	1.41	-0.29
Calmar ratio: Return relative to maximum drawdown	0.90	3.86	-2.96
Martin ratio: Return relative to average drawdown	2.70	13.56	-10.86
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ESAD.DE vs. ENTR.DE - Sharpe Ratio Comparison

The current ESAD.DE Sharpe Ratio is 0.63, which is lower than the ENTR.DE Sharpe Ratio of 2.27. The chart below compares the historical Sharpe Ratios of ESAD.DE and ENTR.DE, 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

	ESAD.DE	ENTR.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.63	2.27	-1.64
Sharpe Ratio (All Time) Calculated using the full available price history	-0.12	0.92	-1.05

Drawdowns

ESAD.DE vs. ENTR.DE - Drawdown Comparison

The maximum ESAD.DE drawdown since its inception was -30.37%, which is greater than ENTR.DE's maximum drawdown of -14.17%. Use the drawdown chart below to compare losses from any high point for ESAD.DE and ENTR.DE.

Drawdown Indicators

	ESAD.DE	ENTR.DE	Difference
Max Drawdown Largest peak-to-trough decline	-30.37%	-14.17%	-16.20%
Max Drawdown (1Y) Largest decline over 1 year	-8.26%	-9.72%	+1.46%
Max Drawdown (3Y) Largest decline over 3 years	-17.22%	—	—
Current Drawdown Current decline from peak	-11.52%	-2.59%	-8.93%
Average Drawdown Average peak-to-trough decline	-17.56%	-5.85%	-11.71%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.75%	2.77%	-0.02%

Volatility

ESAD.DE vs. ENTR.DE - Volatility Comparison

The current volatility for BNP Paribas Easy FTSE EPRA Nareit Global Developed Green CTB UCITS ETF EUR Capitalisation (ESAD.DE) is 2.98%, while L&G New Energy Commodities UCITS ETF USD Accumulating (ENTR.DE) has a volatility of 4.62%. This indicates that ESAD.DE experiences smaller price fluctuations and is considered to be less risky than ENTR.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ESAD.DE	ENTR.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.98%	4.62%	-1.64%
Volatility (6M) Calculated over the trailing 6-month period	9.07%	13.78%	-4.71%
Volatility (1Y) Calculated over the trailing 1-year period	11.74%	16.50%	-4.76%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.78%	15.02%	-0.24%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.78%	15.02%	-0.24%

ESAD.DE vs. ENTR.DE - Expense Ratio Comparison

ESAD.DE has a 0.41% expense ratio, which is lower than ENTR.DE's 0.65% expense ratio.

Dividends

ESAD.DE vs. ENTR.DE - Dividend Comparison

Neither ESAD.DE nor ENTR.DE has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both ESAD.DE and ENTR.DE in my portfolio?

ESAD.DE and ENTR.DE have a correlation of 0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, ESAD.DE or ENTR.DE?

On fees, ESAD.DE is cheaper at 0.41% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, ESAD.DE or ENTR.DE?

ESAD.DE is cheaper with a 0.41% expense ratio, compared with 0.65% for ENTR.DE.

What is the main difference between ESAD.DE and ENTR.DE?

ESAD.DE is categorized as REIT, while ENTR.DE is Commodities. ESAD.DE tracks FTSE EPRA Nareit Developed Green EU CTB, while ENTR.DE tracks Solactive Energy Transition Commodity. They also come from different issuers: BNP Paribas and Legal & General. Their fees differ too: 0.41% for ESAD.DE and 0.65% for ENTR.DE.