ESAE.DE vs. XG12.DE

Last updated Jul 31, 2026

ESAE.DE (BNP Paribas Easy MSCI World Equal Weight Select UCITS ETF EUR Acc) and XG12.DE (Xtrackers MSCI Global SDG 12 Circular Economy UCITS ETF 1C) are both Global Equities funds - ESAE.DE tracks the MSCI World Equal Weighted Ex Business Involvement Screens Select Index while XG12.DE tracks the MSCI ACWI IMI SDG 12 Responsible Consumption and Production Select. Both are passively managed. Over the past year, ESAE.DE returned 18.45% vs 35.56% for XG12.DE. Their 0.65 correlation means they have sometimes moved together and sometimes differently. ESAE.DE charges 0.20%/yr vs 0.35%/yr for XG12.DE.

Performance

ESAE.DE vs. XG12.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 Xtrackers MSCI Global SDG 12 Circular Economy UCITS ETF 1C (XG12.DE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ESAE.DE achieves a 13.37% return, which is significantly lower than XG12.DE's 28.37% return.

ESAE.DE

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

XG12.DE

• 1D: 0.00%
• 1M: -7.80%
• 6M: 23.66%
• YTD: 28.37%
• 1Y: 35.56%
• 3Y*: 8.09%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 4.10%

*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)
ESAE.DE BNP Paribas Easy MSCI World Equal Weight Select UCITS ETF EUR Acc	€33.11K	€25.31K	€29.51K
XG12.DE Xtrackers MSCI Global SDG 12 Circular Economy UCITS ETF 1C	€21.81K	€20.35K	€30.90K

ESAE.DE vs. XG12.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%
XG12.DE Xtrackers MSCI Global SDG 12 Circular Economy UCITS ETF 1C	28.37%	10.76%

Correlation

The correlation between ESAE.DE and XG12.DE is 0.63, 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.	0.63
Correlation (All Time) Calculated using the full available price history since May 30, 2025	0.65

The correlation between ESAE.DE and XG12.DE has been stable across timeframes, ranging from 0.63 to 0.65 - a consistent structural relationship.

Return for Risk

ESAE.DE vs. XG12.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

XG12.DE

XG12.DE Risk / Return Rank: 56
XG12.DE Sharpe Ratio Rank: 53
XG12.DE Sortino Ratio Rank: 58
XG12.DE Omega Ratio Rank: 78
XG12.DE Calmar Ratio Rank: 54
XG12.DE Martin Ratio Rank: 37

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. XG12.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 Xtrackers MSCI Global SDG 12 Circular Economy UCITS ETF 1C (XG12.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	XG12.DE	Difference
Sharpe ratio: Return per unit of total volatility	1.63	1.26	+0.37
Sortino ratio: Return per unit of downside risk	2.35	1.95	+0.41
Omega ratio: Gain probability vs. loss probability	1.32	1.32	0.00
Calmar ratio: Return relative to maximum drawdown	2.74	1.86	+0.88
Martin ratio: Return relative to average drawdown	10.61	3.87	+6.74

ESAE.DE vs. XG12.DE - Sharpe Ratio Comparison

The current ESAE.DE Sharpe Ratio is 1.63, which is comparable to the XG12.DE Sharpe Ratio of 1.26. The chart below compares the historical Sharpe Ratios of ESAE.DE and XG12.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. XG12.DE - Drawdown Comparison

The maximum ESAE.DE drawdown since its inception was -6.70%, smaller than the maximum XG12.DE drawdown of -32.01%. Use the drawdown chart below to compare losses from any high point for ESAE.DE and XG12.DE.

Drawdown Indicators

	ESAE.DE	XG12.DE	Difference
Max Drawdown Largest peak-to-trough decline	-6.70%	-32.01%	+25.31%
Max Drawdown (1Y) Largest decline over 1 year	-6.70%	-19.16%	+12.46%
Max Drawdown (3Y) Largest decline over 3 years	—	-24.65%	—
Current Drawdown Current decline from peak	-0.11%	-9.79%	+9.68%
Average Drawdown Average peak-to-trough decline	-1.09%	-14.57%	+13.48%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.73%	9.19%	-7.46%

Volatility

ESAE.DE vs. XG12.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 Xtrackers MSCI Global SDG 12 Circular Economy UCITS ETF 1C (XG12.DE) has a volatility of 6.13%. This indicates that ESAE.DE experiences smaller price fluctuations and is considered to be less risky than XG12.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ESAE.DE	XG12.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.66%	6.13%	-3.47%
Volatility (6M) Calculated over the trailing 6-month period	7.77%	14.81%	-7.04%
Volatility (1Y) Calculated over the trailing 1-year period	11.29%	28.19%	-16.90%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	11.01%	21.11%	-10.10%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	11.01%	21.11%	-10.10%

ESAE.DE vs. XG12.DE - Expense Ratio Comparison

ESAE.DE has a 0.20% expense ratio, which is lower than XG12.DE's 0.35% expense ratio.

Dividends

ESAE.DE vs. XG12.DE - Dividend Comparison

Neither ESAE.DE nor XG12.DE has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both ESAE.DE and XG12.DE in my portfolio?

ESAE.DE and XG12.DE have a correlation of 0.63, 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 XG12.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 XG12.DE?

ESAE.DE is cheaper with a 0.20% expense ratio, compared with 0.35% for XG12.DE.

What is the main difference between ESAE.DE and XG12.DE?

ESAE.DE tracks MSCI World Equal Weighted Ex Business Involvement Screens Select Index, while XG12.DE tracks MSCI ACWI IMI SDG 12 Responsible Consumption and Production Select. They also come from different issuers: BNP Paribas Easy and Xtrackers. Their fees differ too: 0.20% for ESAE.DE and 0.35% for XG12.DE.