ESEA.DE vs. SPY5.DE

Last updated Apr 3, 2026

Compare and contrast key facts about BNP Paribas Easy S&P 500 UCITS ETF (ESEA.DE) and SPDR S&P 500 UCITS ETF (SPY5.DE).

ESEA.DE and SPY5.DE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. ESEA.DE 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. SPY5.DE is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Mar 19, 2012. Both ESEA.DE and SPY5.DE are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

ESEA.DE vs. SPY5.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 SPDR S&P 500 UCITS ETF (SPY5.DE). The values are adjusted to include any dividend payments, if applicable.

ESEA.DE vs. SPY5.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
ESEA.DE BNP Paribas Easy S&P 500 UCITS ETF	-4.61%	17.46%	24.90%	26.00%	-19.21%	29.94%	17.69%	11.71%
SPY5.DE SPDR S&P 500 UCITS ETF	-4.54%	18.26%	24.79%	26.29%	-18.97%	29.51%	17.16%	11.84%

Different Trading Currencies

ESEA.DE is traded in USD, while SPY5.DE is traded in EUR. To make them comparable, the SPY5.DE values have been converted to USD using the latest available exchange rates.

Returns By Period

The year-to-date returns for both investments are quite close, with ESEA.DE having a -4.61% return and SPY5.DE slightly higher at -4.54%.

ESEA.DE

• 1D: -0.29%
• 1M: -2.87%
• YTD: -4.61%
• 6M: -1.53%
• 1Y: 17.13%
• 3Y*: 17.83%
• 5Y*: 11.48%
• 10Y*: —

SPY5.DE

• 1D: -0.26%
• 1M: -3.20%
• YTD: -4.54%
• 6M: -1.65%
• 1Y: 17.45%
• 3Y*: 18.26%
• 5Y*: 11.69%
• 10Y*: 13.99%

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

ESEA.DE vs. SPY5.DE - Expense Ratio Comparison

ESEA.DE has a 0.15% expense ratio, which is higher than SPY5.DE's 0.03% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

ESEA.DE

BNP Paribas Easy S&P 500 UCITS ETF

SPY5.DE

SPDR S&P 500 UCITS ETF

Return for Risk

ESEA.DE vs. SPY5.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: 67
ESEA.DE Sharpe Ratio Rank: 56
ESEA.DE Sortino Ratio Rank: 57
ESEA.DE Omega Ratio Rank: 57
ESEA.DE Calmar Ratio Rank: 79
ESEA.DE Martin Ratio Rank: 85

SPY5.DE

SPY5.DE Risk / Return Rank: 46
SPY5.DE Sharpe Ratio Rank: 29
SPY5.DE Sortino Ratio Rank: 28
SPY5.DE Omega Ratio Rank: 30
SPY5.DE Calmar Ratio Rank: 75
SPY5.DE Martin Ratio Rank: 68

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. SPY5.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 SPDR S&P 500 UCITS ETF (SPY5.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	SPY5.DE	Difference
Sharpe ratio Return per unit of total volatility	1.06	1.02	+0.04
Sortino ratio Return per unit of downside risk	1.56	1.50	+0.05
Omega ratio Gain probability vs. loss probability	1.22	1.22	0.00
Calmar ratio Return relative to maximum drawdown	2.64	2.55	+0.10
Martin ratio Return relative to average drawdown	11.40	10.89	+0.51
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. SPY5.DE - Sharpe Ratio Comparison

The current ESEA.DE Sharpe Ratio is 1.06, which is comparable to the SPY5.DE Sharpe Ratio of 1.02. The chart below compares the historical Sharpe Ratios of ESEA.DE and SPY5.DE, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	ESEA.DE	SPY5.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.06	1.02	+0.04
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.71	0.72	-0.01
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.85	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.79	0.86	-0.07

Correlation

The correlation between ESEA.DE and SPY5.DE is 0.95, 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.

Dividends

ESEA.DE vs. SPY5.DE - Dividend Comparison

ESEA.DE's dividend yield for the trailing twelve months is around 0.71%, less than SPY5.DE's 1.02% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ESEA.DE BNP Paribas Easy S&P 500 UCITS ETF	0.71%	0.68%	0.65%	0.00%	1.08%	0.64%	0.67%	0.00%	0.00%	0.00%	0.00%	0.00%
SPY5.DE SPDR S&P 500 UCITS ETF	1.02%	0.99%	1.03%	1.22%	1.42%	0.95%	1.37%	1.74%	3.30%	1.59%	1.57%	1.69%

Drawdowns

ESEA.DE vs. SPY5.DE - Drawdown Comparison

The maximum ESEA.DE drawdown since its inception was -34.14%, roughly equal to the maximum SPY5.DE drawdown of -34.33%. Use the drawdown chart below to compare losses from any high point for ESEA.DE and SPY5.DE.

Drawdown Indicators

	ESEA.DE	SPY5.DE	Difference
Max Drawdown Largest peak-to-trough decline	-34.14%	-33.86%	-0.28%
Max Drawdown (1Y) Largest decline over 1 year	-8.44%	-8.55%	+0.11%
Max Drawdown (5Y) Largest decline over 5 years	-24.35%	-23.34%	-1.01%
Max Drawdown (10Y) Largest decline over 10 years	—	-33.86%	—
Current Drawdown Current decline from peak	-5.74%	-5.01%	-0.73%
Average Drawdown Average peak-to-trough decline	-5.39%	-3.99%	-1.40%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.91%	2.09%	-0.18%

Volatility

ESEA.DE vs. SPY5.DE - Volatility Comparison

BNP Paribas Easy S&P 500 UCITS ETF (ESEA.DE) has a higher volatility of 4.57% compared to SPDR S&P 500 UCITS ETF (SPY5.DE) at 4.20%. This indicates that ESEA.DE's price experiences larger fluctuations and is considered to be riskier than SPY5.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ESEA.DE	SPY5.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.57%	4.20%	+0.37%
Volatility (6M) Calculated over the trailing 6-month period	8.70%	8.66%	+0.04%
Volatility (1Y) Calculated over the trailing 1-year period	16.10%	17.01%	-0.91%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.97%	15.96%	+0.01%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.03%	16.32%	+1.71%