ESAP.DE vs. EEUX.DE
ESAP.DE (BNP Paribas Easy S&P 500 UCITS ETF USD) and EEUX.DE (BNP Paribas Easy MSCI Europe ESG Filtered Min TE UCITS ETF) are both exchange-traded funds - ESAP.DE is a S&P 500 fund tracking the S&P 500 Index, while EEUX.DE is a Europe Equities fund tracking the MSCI Europe ESG Filtered Min TE. Both are passively managed. Over the past 5 years, ESAP.DE returned 12.74%/yr vs 8.44%/yr for EEUX.DE. A 0.73 correlation means they provide meaningful diversification when combined. Both charge a 0.15% expense ratio.
Performance
ESAP.DE vs. EEUX.DE - Performance Comparison
Loading charts...
Different Trading Currencies
ESAP.DE is traded in USD, while EEUX.DE is traded in EUR. To make them comparable, the EEUX.DE values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, ESAP.DE achieves a 7.19% return, which is significantly higher than EEUX.DE's 6.66% return.
ESAP.DE
- 1D
- -0.70%
- 1M
- -1.84%
- YTD
- 7.19%
- 6M
- 7.34%
- 1Y
- 21.95%
- 3Y*
- 20.40%
- 5Y*
- 12.74%
- 10Y*
- —
EEUX.DE
- 1D
- 0.84%
- 1M
- 0.36%
- YTD
- 6.66%
- 6M
- 6.95%
- 1Y
- 18.77%
- 3Y*
- 16.64%
- 5Y*
- 8.44%
- 10Y*
- 10.47%
ESAP.DE vs. EEUX.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
ESAP.DE BNP Paribas Easy S&P 500 UCITS ETF USD | 7.19% | 17.48% | 24.88% | 26.97% | -19.20% | 30.03% | 17.62% | 2.81% |
EEUX.DE BNP Paribas Easy MSCI Europe ESG Filtered Min TE UCITS ETF | 6.66% | 34.63% | 2.61% | 19.39% | -16.54% | 15.12% | 6.53% | 4.29% |
Correlation
The correlation between ESAP.DE and EEUX.DE is 0.68, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.68 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.63 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.71 |
Correlation (All Time) Calculated using the full available price history since Dec 2, 2019 | 0.73 |
The correlation between ESAP.DE and EEUX.DE has been stable across timeframes, ranging from 0.63 to 0.73 - a consistent structural relationship.
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
ESAP.DE vs. EEUX.DE — Risk / Return Rank
ESAP.DE
EEUX.DE
ESAP.DE vs. EEUX.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BNP Paribas Easy S&P 500 UCITS ETF USD (ESAP.DE) and BNP Paribas Easy MSCI Europe ESG Filtered Min TE UCITS ETF (EEUX.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.
| ESAP.DE | EEUX.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.56 | ||
| Sortino ratioReturn per unit of downside risk | +0.86 | ||
| Omega ratioGain probability vs. loss probability | 1.32 | 1.23 | +0.09 |
| Calmar ratioReturn relative to maximum drawdown | 2.66 | 1.60 | +1.07 |
| Martin ratioReturn relative to average drawdown | 10.88 | 5.68 | +5.19 |
Loading charts...
Drawdowns
ESAP.DE vs. EEUX.DE - Drawdown Comparison
The maximum ESAP.DE drawdown since its inception was -34.28%, smaller than the maximum EEUX.DE drawdown of -96.22%. Use the drawdown chart below to compare losses from any high point for ESAP.DE and EEUX.DE.
Loading charts...
Drawdown Indicators
| ESAP.DE | EEUX.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -34.28% | -96.22% | +61.94% |
Max Drawdown (1Y)Largest decline over 1 year | -8.20% | -11.68% | +3.48% |
Max Drawdown (3Y)Largest decline over 3 years | -18.70% | -14.97% | -3.73% |
Max Drawdown (5Y)Largest decline over 5 years | -24.34% | -32.34% | +8.00% |
Max Drawdown (10Y)Largest decline over 10 years | — | -96.22% | — |
Current DrawdownCurrent decline from peak | -3.12% | -89.47% | +86.35% |
Average DrawdownAverage peak-to-trough decline | -5.40% | -57.01% | +51.61% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.01% | 3.29% | -1.28% |
Volatility
ESAP.DE vs. EEUX.DE - Volatility Comparison
BNP Paribas Easy S&P 500 UCITS ETF USD (ESAP.DE) has a higher volatility of 3.89% compared to BNP Paribas Easy MSCI Europe ESG Filtered Min TE UCITS ETF (EEUX.DE) at 3.51%. This indicates that ESAP.DE's price experiences larger fluctuations and is considered to be riskier than EEUX.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| ESAP.DE | EEUX.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.89% | 3.51% | +0.38% |
Volatility (6M)Calculated over the trailing 6-month period | 9.20% | 12.55% | -3.35% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.06% | 14.88% | -2.82% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.10% | 17.48% | -1.38% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.06% | 717.66% | -699.60% |
ESAP.DE vs. EEUX.DE - Expense Ratio Comparison
Both ESAP.DE and EEUX.DE have an expense ratio of 0.15%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Dividends
ESAP.DE vs. EEUX.DE - Dividend Comparison
Neither ESAP.DE nor EEUX.DE has paid dividends to shareholders.
Frequently Asked Questions
ESAP.DE and EEUX.DE have a correlation of 0.68, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 0.15% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
ESAP.DE and EEUX.DE have the same expense ratio: 0.15% per year.
ESAP.DE is categorized as S&P 500, while EEUX.DE is Europe Equities. ESAP.DE tracks S&P 500 Index, while EEUX.DE tracks MSCI Europe ESG Filtered Min TE.
Find the right allocation for ESAP.DE and EEUX.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