ESEA.DE vs. ASRC.DE

Last updated Jun 5, 2026

ESEA.DE (BNP Paribas Easy S&P 500 UCITS ETF) and ASRC.DE (BNP Paribas Easy JPM ESG EMBI Global Diversified Composite UCITS ETF) are both exchange-traded funds - ESEA.DE is a S&P 500 fund tracking the S&P 500 Index, while ASRC.DE is a Emerging Markets Bonds fund tracking the JP Morgan ESG EMBI Global Diversified. Both are passively managed. Over the past 5 years, ESEA.DE returned 13.49%/yr vs 1.70%/yr for ASRC.DE. At a 0.46 correlation, their price movements are largely independent. ESEA.DE charges 0.15%/yr vs 0.25%/yr for ASRC.DE.

Performance

ESEA.DE vs. ASRC.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in BNP Paribas Easy S&P 500 UCITS ETF (ESEA.DE) and BNP Paribas Easy JPM ESG EMBI Global Diversified Composite UCITS ETF (ASRC.DE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ESEA.DE achieves a 10.05% return, which is significantly higher than ASRC.DE's 1.68% return.

ESEA.DE

• 1D: 0.03%
• 1M: 3.24%
• YTD: 10.05%
• 6M: 10.66%
• 1Y: 27.25%
• 3Y*: 22.05%
• 5Y*: 13.49%
• 10Y*: —

ASRC.DE

• 1D: 0.37%
• 1M: 0.38%
• YTD: 1.68%
• 6M: 2.35%
• 1Y: 11.03%
• 3Y*: 9.13%
• 5Y*: 1.70%
• 10Y*: —

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

ESEA.DE vs. ASRC.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
ESEA.DE BNP Paribas Easy S&P 500 UCITS ETF	10.05%	17.58%	24.90%	26.00%	-19.21%	25.69%
ASRC.DE BNP Paribas Easy JPM ESG EMBI Global Diversified Composite UCITS ETF	1.68%	13.42%	5.17%	9.72%	-17.46%	1.29%

Correlation

The correlation between ESEA.DE and ASRC.DE is 0.60, 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	0.60
Correlation (3Y) Calculated over the trailing 3-year period	0.47
Correlation (5Y) Calculated over the trailing 5-year period	0.46
Correlation (All Time) Calculated using the full available price history since Feb 24, 2021	0.46

The correlation between ESEA.DE and ASRC.DE shifts across timeframes, from 0.46 (5 years) to 0.60 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

ESEA.DE vs. ASRC.DE — Risk / Return Rank

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

ESEA.DE

ESEA.DE Risk / Return Rank: 74
ESEA.DE Sharpe Ratio Rank: 73
ESEA.DE Sortino Ratio Rank: 78
ESEA.DE Omega Ratio Rank: 72
ESEA.DE Calmar Ratio Rank: 68
ESEA.DE Martin Ratio Rank: 76

ASRC.DE

ASRC.DE Risk / Return Rank: 60
ASRC.DE Sharpe Ratio Rank: 61
ASRC.DE Sortino Ratio Rank: 69
ASRC.DE Omega Ratio Rank: 65
ASRC.DE Calmar Ratio Rank: 49
ASRC.DE Martin Ratio Rank: 56

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.

ESEA.DE vs. ASRC.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for BNP Paribas Easy S&P 500 UCITS ETF (ESEA.DE) and BNP Paribas Easy JPM ESG EMBI Global Diversified Composite UCITS ETF (ASRC.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.

	ESEA.DE	ASRC.DE	Difference
Sharpe ratio: Return per unit of total volatility	2.35	2.01	+0.34
Sortino ratio: Return per unit of downside risk	3.43	3.11	+0.32
Omega ratio: Gain probability vs. loss probability	1.42	1.38	+0.04
Calmar ratio: Return relative to maximum drawdown	3.35	2.41	+0.94
Martin ratio: Return relative to average drawdown	14.32	9.51	+4.81
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ESEA.DE vs. ASRC.DE - Sharpe Ratio Comparison

The current ESEA.DE Sharpe Ratio is 2.35, which is comparable to the ASRC.DE Sharpe Ratio of 2.01. The chart below compares the historical Sharpe Ratios of ESEA.DE and ASRC.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

	ESEA.DE	ASRC.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.35	2.01	+0.34
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.83	0.20	+0.63
Sharpe Ratio (All Time) Calculated using the full available price history	0.91	0.25	+0.66

Drawdowns

ESEA.DE vs. ASRC.DE - Drawdown Comparison

The maximum ESEA.DE drawdown since its inception was -34.14%, which is greater than ASRC.DE's maximum drawdown of -27.88%. Use the drawdown chart below to compare losses from any high point for ESEA.DE and ASRC.DE.

Drawdown Indicators

	ESEA.DE	ASRC.DE	Difference
Max Drawdown Largest peak-to-trough decline	-34.14%	-27.88%	-6.26%
Max Drawdown (1Y) Largest decline over 1 year	-8.22%	-4.48%	-3.74%
Max Drawdown (3Y) Largest decline over 3 years	-18.64%	-7.53%	-11.11%
Max Drawdown (5Y) Largest decline over 5 years	-24.35%	-27.88%	+3.53%
Current Drawdown Current decline from peak	-0.54%	-0.30%	-0.24%
Average Drawdown Average peak-to-trough decline	-5.28%	-9.38%	+4.10%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.92%	1.14%	+0.78%

Volatility

ESEA.DE vs. ASRC.DE - Volatility Comparison

BNP Paribas Easy S&P 500 UCITS ETF (ESEA.DE) has a higher volatility of 3.09% compared to BNP Paribas Easy JPM ESG EMBI Global Diversified Composite UCITS ETF (ASRC.DE) at 1.92%. This indicates that ESEA.DE's price experiences larger fluctuations and is considered to be riskier than ASRC.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ESEA.DE	ASRC.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.09%	1.92%	+1.17%
Volatility (6M) Calculated over the trailing 6-month period	8.59%	4.52%	+4.07%
Volatility (1Y) Calculated over the trailing 1-year period	11.69%	5.39%	+6.30%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.99%	8.33%	+7.66%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.93%	8.25%	+9.68%

ESEA.DE vs. ASRC.DE - Expense Ratio Comparison

ESEA.DE has a 0.15% expense ratio, which is lower than ASRC.DE'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%.

Dividends

ESEA.DE vs. ASRC.DE - Dividend Comparison

ESEA.DE's dividend yield for the trailing twelve months is around 1.06%, while ASRC.DE has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020
ASRC.DE BNP Paribas Easy JPM ESG EMBI Global Diversified Composite UCITS ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
ESEA.DE BNP Paribas Easy S&P 500 UCITS ETF	1.06%	0.76%	0.65%	0.00%	1.08%	0.64%	0.67%

Frequently Asked Questions

Can I hold both ESEA.DE and ASRC.DE in my portfolio?

ESEA.DE and ASRC.DE have a correlation of 0.60, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, ESEA.DE or ASRC.DE?

On fees, ESEA.DE is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, ESEA.DE or ASRC.DE?

ESEA.DE is cheaper with a 0.15% expense ratio, compared with 0.25% for ASRC.DE.

What is the main difference between ESEA.DE and ASRC.DE?

ESEA.DE is categorized as S&P 500, while ASRC.DE is Emerging Markets Bonds. ESEA.DE tracks S&P 500 Index, while ASRC.DE tracks JP Morgan ESG EMBI Global Diversified. Their fees differ too: 0.15% for ESEA.DE and 0.25% for ASRC.DE.