ESE.PA vs. PE500.PA
Compare and contrast key facts about BNP Paribas Easy S&P 500 UCITS ETF (ESE.PA) and Amundi ETF PEA S&P 500 UCITS ETF EUR (PE500.PA).
ESE.PA and PE500.PA are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. ESE.PA is a passively managed fund by BNP Paribas that tracks the performance of the S&P 500 Index. It was launched on Sep 16, 2013. PE500.PA is a passively managed fund by Amundi that tracks the performance of the S&P 500 ESG+ Index. It was launched on Apr 25, 2019. Both ESE.PA and PE500.PA are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ESE.PA or PE500.PA.
Key characteristics
| ESE.PA | PE500.PA | |
|---|---|---|
| YTD Return | 26.21% | 26.56% |
| 1Y Return | 39.30% | 38.85% |
| 3Y Return (Ann) | 11.88% | 11.88% |
| 5Y Return (Ann) | 15.94% | 15.90% |
| Sharpe Ratio | 3.28 | 3.18 |
| Sortino Ratio | 4.29 | 4.16 |
| Omega Ratio | 1.67 | 1.63 |
| Calmar Ratio | 4.35 | 4.08 |
| Martin Ratio | 19.82 | 17.29 |
| Ulcer Index | 1.83% | 2.07% |
| Daily Std Dev | 11.06% | 11.26% |
| Max Drawdown | -36.74% | -33.60% |
| Current Drawdown | -0.37% | -0.15% |
Correlation
The correlation between ESE.PA and PE500.PA is 0.96, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
ESE.PA vs. PE500.PA - Performance Comparison
The year-to-date returns for both investments are quite close, with ESE.PA having a 26.21% return and PE500.PA slightly higher at 26.56%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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ESE.PA vs. PE500.PA - Expense Ratio Comparison
ESE.PA has a 0.15% expense ratio, which is lower than PE500.PA's 0.25% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
ESE.PA vs. PE500.PA - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for BNP Paribas Easy S&P 500 UCITS ETF (ESE.PA) and Amundi ETF PEA S&P 500 UCITS ETF EUR (PE500.PA). 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.
Dividends
ESE.PA vs. PE500.PA - Dividend Comparison
Neither ESE.PA nor PE500.PA has paid dividends to shareholders.
Drawdowns
ESE.PA vs. PE500.PA - Drawdown Comparison
The maximum ESE.PA drawdown since its inception was -36.74%, which is greater than PE500.PA's maximum drawdown of -33.60%. Use the drawdown chart below to compare losses from any high point for ESE.PA and PE500.PA. For additional features, visit the drawdowns tool.
Volatility
ESE.PA vs. PE500.PA - Volatility Comparison
BNP Paribas Easy S&P 500 UCITS ETF (ESE.PA) and Amundi ETF PEA S&P 500 UCITS ETF EUR (PE500.PA) have volatilities of 1.68% and 1.75%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.