ESAE.DE vs. BBCK.DE

Last updated Jul 31, 2026

ESAE.DE (BNP Paribas Easy MSCI World Equal Weight Select UCITS ETF EUR Acc) and BBCK.DE (Invesco Global Buyback Achievers UCITS ETF) are both Global Equities funds - ESAE.DE tracks the MSCI World Equal Weighted Ex Business Involvement Screens Select Index while BBCK.DE tracks the Nasdaq Global Buyback Achievers. Both are passively managed. Over the past year, ESAE.DE returned 18.45% vs 23.20% for BBCK.DE. Their 0.76 correlation means they have sometimes moved together and sometimes differently. ESAE.DE charges 0.20%/yr vs 0.39%/yr for BBCK.DE.

Performance

ESAE.DE vs. BBCK.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in BNP Paribas Easy MSCI World Equal Weight Select UCITS ETF EUR Acc (ESAE.DE) and Invesco Global Buyback Achievers UCITS ETF (BBCK.DE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both stocks are quite close, with ESAE.DE having a 13.37% return and BBCK.DE slightly lower at 13.11%.

ESAE.DE

• 1D: 0.00%
• 1M: 2.61%
• 6M: 11.80%
• YTD: 13.37%
• 1Y: 18.45%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 18.29%

BBCK.DE

• 1D: -0.87%
• 1M: 3.74%
• 6M: 11.53%
• YTD: 13.11%
• 1Y: 23.20%
• 3Y*: 18.27%
• 5Y*: 11.49%
• 10Y*: 12.26%
• ALL TIME*: 10.38%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
BBCK.DE Invesco Global Buyback Achievers UCITS ETF	€175.18K	€185.80K	€204.32K
ESAE.DE BNP Paribas Easy MSCI World Equal Weight Select UCITS ETF EUR Acc	€33.11K	€25.31K	€29.51K

ESAE.DE vs. BBCK.DE - Yearly Performance Comparison

	2026 (YTD)	2025
ESAE.DE BNP Paribas Easy MSCI World Equal Weight Select UCITS ETF EUR Acc	13.37%	7.30%
BBCK.DE Invesco Global Buyback Achievers UCITS ETF	13.11%	14.91%

Correlation

The correlation between ESAE.DE and BBCK.DE is 0.75, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.75
Correlation (All Time) Calculated using the full available price history since May 30, 2025	0.76

The correlation between ESAE.DE and BBCK.DE has been stable across timeframes, ranging from 0.75 to 0.76 - a consistent structural relationship.

Return for Risk

ESAE.DE vs. BBCK.DE — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

ESAE.DE

ESAE.DE Risk / Return Rank: 78
ESAE.DE Sharpe Ratio Rank: 74
ESAE.DE Sortino Ratio Rank: 76
ESAE.DE Omega Ratio Rank: 80
ESAE.DE Calmar Ratio Rank: 79
ESAE.DE Martin Ratio Rank: 82

BBCK.DE

BBCK.DE Risk / Return Rank: 89
BBCK.DE Sharpe Ratio Rank: 87
BBCK.DE Sortino Ratio Rank: 84
BBCK.DE Omega Ratio Rank: 84
BBCK.DE Calmar Ratio Rank: 95
BBCK.DE Martin Ratio Rank: 93

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

ESAE.DE vs. BBCK.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for BNP Paribas Easy MSCI World Equal Weight Select UCITS ETF EUR Acc (ESAE.DE) and Invesco Global Buyback Achievers UCITS ETF (BBCK.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.

	ESAE.DE	BBCK.DE	Difference
Sharpe ratio: Return per unit of total volatility	1.63	2.04	-0.41
Sortino ratio: Return per unit of downside risk	2.35	2.74	-0.39
Omega ratio: Gain probability vs. loss probability	1.32	1.36	-0.04
Calmar ratio: Return relative to maximum drawdown	2.74	5.25	-2.50
Martin ratio: Return relative to average drawdown	10.61	16.19	-5.58

ESAE.DE vs. BBCK.DE - Sharpe Ratio Comparison

The current ESAE.DE Sharpe Ratio is 1.63, which is comparable to the BBCK.DE Sharpe Ratio of 2.04. The chart below compares the historical Sharpe Ratios of ESAE.DE and BBCK.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.

Drawdowns

ESAE.DE vs. BBCK.DE - Drawdown Comparison

The maximum ESAE.DE drawdown since its inception was -6.70%, smaller than the maximum BBCK.DE drawdown of -33.24%. Use the drawdown chart below to compare losses from any high point for ESAE.DE and BBCK.DE.

Drawdown Indicators

	ESAE.DE	BBCK.DE	Difference
Max Drawdown Largest peak-to-trough decline	-6.70%	-33.24%	+26.54%
Max Drawdown (1Y) Largest decline over 1 year	-6.70%	-4.40%	-2.30%
Max Drawdown (3Y) Largest decline over 3 years	—	-21.54%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-21.54%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-33.24%	—
Current Drawdown Current decline from peak	-0.11%	-1.42%	+1.31%
Average Drawdown Average peak-to-trough decline	-1.09%	-6.16%	+5.07%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.73%	1.41%	+0.32%

Volatility

ESAE.DE vs. BBCK.DE - Volatility Comparison

The current volatility for BNP Paribas Easy MSCI World Equal Weight Select UCITS ETF EUR Acc (ESAE.DE) is 2.66%, while Invesco Global Buyback Achievers UCITS ETF (BBCK.DE) has a volatility of 2.91%. This indicates that ESAE.DE experiences smaller price fluctuations and is considered to be less risky than BBCK.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ESAE.DE	BBCK.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.66%	2.91%	-0.25%
Volatility (6M) Calculated over the trailing 6-month period	7.77%	7.61%	+0.16%
Volatility (1Y) Calculated over the trailing 1-year period	11.29%	11.32%	-0.03%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	11.01%	14.65%	-3.64%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	11.01%	23.33%	-12.32%

ESAE.DE vs. BBCK.DE - Expense Ratio Comparison

ESAE.DE has a 0.20% expense ratio, which is lower than BBCK.DE's 0.39% expense ratio.

Dividends

ESAE.DE vs. BBCK.DE - Dividend Comparison

ESAE.DE has not paid dividends to shareholders, while BBCK.DE's dividend yield for the trailing twelve months is around 1.63%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BBCK.DE Invesco Global Buyback Achievers UCITS ETF	1.63%	1.88%	1.78%	1.74%	1.96%	1.17%	1.61%	1.84%	1.35%	1.23%	1.64%	1.29%
ESAE.DE BNP Paribas Easy MSCI World Equal Weight Select UCITS ETF EUR Acc	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 ESAE.DE and BBCK.DE in my portfolio?

ESAE.DE and BBCK.DE have a correlation of 0.75, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, ESAE.DE or BBCK.DE?

On fees, ESAE.DE is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, ESAE.DE or BBCK.DE?

ESAE.DE is cheaper with a 0.20% expense ratio, compared with 0.39% for BBCK.DE.

What is the main difference between ESAE.DE and BBCK.DE?

ESAE.DE tracks MSCI World Equal Weighted Ex Business Involvement Screens Select Index, while BBCK.DE tracks Nasdaq Global Buyback Achievers. They also come from different issuers: BNP Paribas Easy and Invesco. Their fees differ too: 0.20% for ESAE.DE and 0.39% for BBCK.DE.