ESEA.DE vs. XZSP.DE

Last updated Jun 5, 2026

ESEA.DE (BNP Paribas Easy S&P 500 UCITS ETF) and XZSP.DE (Xtrackers S&P 500 ESG UCITS ETF 1C) are both S&P 500 funds - ESEA.DE tracks the S&P 500 Index while XZSP.DE tracks the S&P 500 ESG. Both are passively managed. Over the past 3 years, ESEA.DE returned 22.05%/yr vs 21.78%/yr for XZSP.DE. Their correlation of 0.93 suggests significant overlap in exposure. ESEA.DE charges 0.15%/yr vs 0.08%/yr for XZSP.DE.

Performance

ESEA.DE vs. XZSP.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 Xtrackers S&P 500 ESG UCITS ETF 1C (XZSP.DE). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

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

Returns By Period

The year-to-date returns for both stocks are quite close, with ESEA.DE having a 10.05% return and XZSP.DE slightly lower at 9.89%.

ESEA.DE

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

XZSP.DE

• 1D: 0.73%
• 1M: 4.74%
• YTD: 9.89%
• 6M: 11.36%
• 1Y: 30.88%
• 3Y*: 21.78%
• 5Y*: —
• 10Y*: —

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

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

	2026 (YTD)	2025	2024	2023	2022
ESEA.DE BNP Paribas Easy S&P 500 UCITS ETF	10.05%	17.58%	24.90%	26.00%	-3.12%
XZSP.DE Xtrackers S&P 500 ESG UCITS ETF 1C	9.87%	18.93%	23.74%	27.80%	-3.00%

Correlation

The correlation between ESEA.DE and XZSP.DE is 0.90, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.90
Correlation (3Y) Calculated over the trailing 3-year period	0.92
Correlation (All Time) Calculated using the full available price history since Dec 13, 2022	0.93

The correlation between ESEA.DE and XZSP.DE has been stable across timeframes, ranging from 0.90 to 0.93 - a consistent structural relationship.

Return for Risk

ESEA.DE vs. XZSP.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

XZSP.DE

XZSP.DE Risk / Return Rank: 79
XZSP.DE Sharpe Ratio Rank: 78
XZSP.DE Sortino Ratio Rank: 76
XZSP.DE Omega Ratio Rank: 78
XZSP.DE Calmar Ratio Rank: 80
XZSP.DE Martin Ratio Rank: 81

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. XZSP.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 Xtrackers S&P 500 ESG UCITS ETF 1C (XZSP.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	XZSP.DE	Difference
Sharpe ratio: Return per unit of total volatility	2.35	2.66	-0.30
Sortino ratio: Return per unit of downside risk	3.43	3.80	-0.37
Omega ratio: Gain probability vs. loss probability	1.42	1.47	-0.05
Calmar ratio: Return relative to maximum drawdown	3.35	3.45	-0.11
Martin ratio: Return relative to average drawdown	14.32	15.05	-0.73
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. XZSP.DE - Sharpe Ratio Comparison

The current ESEA.DE Sharpe Ratio is 2.35, which is comparable to the XZSP.DE Sharpe Ratio of 2.66. The chart below compares the historical Sharpe Ratios of ESEA.DE and XZSP.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	XZSP.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.35	2.66	-0.30
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.83	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.91	1.55	-0.64

Drawdowns

ESEA.DE vs. XZSP.DE - Drawdown Comparison

The maximum ESEA.DE drawdown since its inception was -34.14%, which is greater than XZSP.DE's maximum drawdown of -20.03%. Use the drawdown chart below to compare losses from any high point for ESEA.DE and XZSP.DE.

Drawdown Indicators

	ESEA.DE	XZSP.DE	Difference
Max Drawdown Largest peak-to-trough decline	-34.14%	-20.03%	-14.11%
Max Drawdown (1Y) Largest decline over 1 year	-8.22%	-8.91%	+0.69%
Max Drawdown (3Y) Largest decline over 3 years	-18.64%	-20.03%	+1.39%
Max Drawdown (5Y) Largest decline over 5 years	-24.35%	—	—
Current Drawdown Current decline from peak	-0.54%	-0.09%	-0.45%
Average Drawdown Average peak-to-trough decline	-5.28%	-2.18%	-3.10%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.92%	2.05%	-0.13%

Volatility

ESEA.DE vs. XZSP.DE - Volatility Comparison

BNP Paribas Easy S&P 500 UCITS ETF (ESEA.DE) and Xtrackers S&P 500 ESG UCITS ETF 1C (XZSP.DE) have volatilities of 3.09% and 2.99%, 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.

Volatility by Period

	ESEA.DE	XZSP.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.09%	2.99%	+0.10%
Volatility (6M) Calculated over the trailing 6-month period	8.59%	8.17%	+0.42%
Volatility (1Y) Calculated over the trailing 1-year period	11.69%	11.58%	+0.11%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.99%	14.21%	+1.78%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.93%	14.21%	+3.72%

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

ESEA.DE has a 0.15% expense ratio, which is higher than XZSP.DE's 0.08% 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%.

Dividends

ESEA.DE vs. XZSP.DE - Dividend Comparison

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

Position	TTM	2025	2024	2023	2022	2021	2020
ESEA.DE BNP Paribas Easy S&P 500 UCITS ETF	1.06%	0.76%	0.65%	0.00%	1.08%	0.64%	0.67%
XZSP.DE Xtrackers S&P 500 ESG UCITS ETF 1C	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

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

With a correlation of 0.90, ESEA.DE and XZSP.DE move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

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

On fees, XZSP.DE is cheaper at 0.08% per year. The better choice depends on whether you care most about return, fees, risk, or income.

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

XZSP.DE is cheaper with a 0.08% expense ratio, compared with 0.15% for ESEA.DE.

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

ESEA.DE tracks S&P 500 Index, while XZSP.DE tracks S&P 500 ESG. They also come from different issuers: BNP Paribas and Xtrackers. Their fees differ too: 0.15% for ESEA.DE and 0.08% for XZSP.DE.