ESEA.DE vs. EDEU.DE

Last updated Jun 26, 2026

ESEA.DE (BNP Paribas Easy S&P 500 UCITS ETF) and EDEU.DE (BNP Paribas Easy ESG Dividend Europe UCITS ETF) are both exchange-traded funds - ESEA.DE is a S&P 500 fund tracking the S&P 500 Index, while EDEU.DE is a Europe Equities fund tracking the BNP Paribas High Dividend Europe ESG. Both are passively managed. Over the past 5 years, ESEA.DE returned 12.74%/yr vs 9.88%/yr for EDEU.DE. A 0.63 correlation means they provide meaningful diversification when combined. ESEA.DE charges 0.15%/yr vs 0.31%/yr for EDEU.DE.

Performance

ESEA.DE vs. EDEU.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 ESG Dividend Europe UCITS ETF (EDEU.DE). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

ESEA.DE is traded in USD, while EDEU.DE is traded in EUR. To make them comparable, the EDEU.DE values have been converted to USD using the latest available exchange rates.

Returns By Period

In the year-to-date period, ESEA.DE achieves a 7.26% return, which is significantly lower than EDEU.DE's 8.53% return.

ESEA.DE

• 1D: -0.63%
• 1M: -1.80%
• YTD: 7.26%
• 6M: 7.39%
• 1Y: 22.05%
• 3Y*: 20.43%
• 5Y*: 12.74%
• 10Y*: 15.67%

EDEU.DE

• 1D: 0.66%
• 1M: -1.32%
• YTD: 8.53%
• 6M: 8.67%
• 1Y: 22.23%
• 3Y*: 23.25%
• 5Y*: 9.88%
• 10Y*: —

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

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

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
ESEA.DE BNP Paribas Easy S&P 500 UCITS ETF	7.26%	17.46%	24.87%	27.03%	-19.22%	29.94%	17.75%	32.60%	-5.50%	10.59%
EDEU.DE BNP Paribas Easy ESG Dividend Europe UCITS ETF	8.53%	44.64%	5.43%	20.53%	-17.78%	17.29%	-5.69%	20.93%	-24.32%	9.52%

Correlation

The correlation between ESEA.DE and EDEU.DE is 0.58, 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	0.58
Correlation (3Y) Calculated over the trailing 3-year period	0.52
Correlation (5Y) Calculated over the trailing 5-year period	0.63
Correlation (All Time) Calculated using the full available price history since Aug 29, 2017	0.63

The correlation between ESEA.DE and EDEU.DE shifts across timeframes, from 0.52 (3 years) to 0.63 (all time), reflecting how their relationship changes across market environments.

Return for Risk

ESEA.DE vs. EDEU.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: 64
ESEA.DE Sharpe Ratio Rank: 63
ESEA.DE Sortino Ratio Rank: 68
ESEA.DE Omega Ratio Rank: 61
ESEA.DE Calmar Ratio Rank: 62
ESEA.DE Martin Ratio Rank: 68

EDEU.DE

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

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. EDEU.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 ESG Dividend Europe UCITS ETF (EDEU.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.

	ESEA.DE	EDEU.DE	Difference
Sharpe ratio: Return per unit of total volatility	1.82	1.66	+0.17
Sortino ratio: Return per unit of downside risk	2.71	2.31	+0.40
Omega ratio: Gain probability vs. loss probability	1.33	1.30	+0.03
Calmar ratio: Return relative to maximum drawdown	2.68	2.45	+0.22
Martin ratio: Return relative to average drawdown	10.95	8.03	+2.92

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

The current ESEA.DE Sharpe Ratio is 1.82, which is comparable to the EDEU.DE Sharpe Ratio of 1.66. The chart below compares the historical Sharpe Ratios of ESEA.DE and EDEU.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

ESEA.DE vs. EDEU.DE - Drawdown Comparison

The maximum ESEA.DE drawdown since its inception was -34.13%, smaller than the maximum EDEU.DE drawdown of -53.48%. Use the drawdown chart below to compare losses from any high point for ESEA.DE and EDEU.DE.

Drawdown Indicators

	ESEA.DE	EDEU.DE	Difference
Max Drawdown Largest peak-to-trough decline	-34.13%	-53.48%	+19.35%
Max Drawdown (1Y) Largest decline over 1 year	-8.20%	-9.03%	+0.83%
Max Drawdown (3Y) Largest decline over 3 years	-18.66%	-14.40%	-4.26%
Max Drawdown (5Y) Largest decline over 5 years	-24.36%	-35.96%	+11.60%
Max Drawdown (10Y) Largest decline over 10 years	-34.13%	—	—
Current Drawdown Current decline from peak	-3.08%	-2.34%	-0.74%
Average Drawdown Average peak-to-trough decline	-3.87%	-12.67%	+8.80%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.01%	2.76%	-0.75%

Volatility

ESEA.DE vs. EDEU.DE - Volatility Comparison

BNP Paribas Easy S&P 500 UCITS ETF (ESEA.DE) has a higher volatility of 3.90% compared to BNP Paribas Easy ESG Dividend Europe UCITS ETF (EDEU.DE) at 3.70%. This indicates that ESEA.DE's price experiences larger fluctuations and is considered to be riskier than EDEU.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ESEA.DE	EDEU.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.90%	3.70%	+0.20%
Volatility (6M) Calculated over the trailing 6-month period	9.21%	10.77%	-1.56%
Volatility (1Y) Calculated over the trailing 1-year period	12.04%	13.36%	-1.32%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.07%	17.74%	-1.67%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.21%	20.22%	-4.01%

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

ESEA.DE has a 0.15% expense ratio, which is lower than EDEU.DE's 0.31% expense ratio.

Dividends

ESEA.DE vs. EDEU.DE - Dividend Comparison

ESEA.DE's dividend yield for the trailing twelve months is around 1.09%, while EDEU.DE has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
EDEU.DE BNP Paribas Easy ESG Dividend Europe UCITS ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
ESEA.DE BNP Paribas Easy S&P 500 UCITS ETF	1.09%	0.68%	0.65%	0.69%	1.08%	0.64%	0.67%	0.61%	0.93%	0.61%

Frequently Asked Questions

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

ESEA.DE and EDEU.DE have a correlation of 0.58, 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 EDEU.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 EDEU.DE?

ESEA.DE is cheaper with a 0.15% expense ratio, compared with 0.31% for EDEU.DE.

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

ESEA.DE is categorized as S&P 500, while EDEU.DE is Europe Equities. ESEA.DE tracks S&P 500 Index, while EDEU.DE tracks BNP Paribas High Dividend Europe ESG. Their fees differ too: 0.15% for ESEA.DE and 0.31% for EDEU.DE.