ESEE.DE vs. BJLM.DE
ESEE.DE (BNP Paribas Easy S&P 500 UCITS ETF EUR) and BJLM.DE (BNP Paribas Easy Sustainable EUR Government Bond UCITS ETF EUR Capitalisation) are both exchange-traded funds - ESEE.DE is a S&P 500 fund tracking the S&P 500 Index, while BJLM.DE is a European Government Bonds fund actively managed by BNP Paribas. ESEE.DE is passively managed, while BJLM.DE is actively managed. Over the past year, ESEE.DE returned 25.34% vs -0.14% for BJLM.DE. At a 0.08 correlation, their price movements are largely independent. ESEE.DE charges 0.15%/yr vs 0.12%/yr for BJLM.DE.
Performance
ESEE.DE vs. BJLM.DE - Performance Comparison
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Returns By Period
In the year-to-date period, ESEE.DE achieves a 11.27% return, which is significantly higher than BJLM.DE's 0.09% return.
ESEE.DE
- 1D
- -0.16%
- 1M
- 5.21%
- YTD
- 11.27%
- 6M
- 11.25%
- 1Y
- 25.34%
- 3Y*
- 18.69%
- 5Y*
- 14.69%
- 10Y*
- 15.09%
BJLM.DE
- 1D
- 0.07%
- 1M
- 0.52%
- YTD
- 0.09%
- 6M
- -0.00%
- 1Y
- -0.14%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
ESEE.DE vs. BJLM.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
ESEE.DE BNP Paribas Easy S&P 500 UCITS ETF EUR | 11.27% | 4.37% | 24.21% |
BJLM.DE BNP Paribas Easy Sustainable EUR Government Bond UCITS ETF EUR Capitalisation | 0.09% | 0.55% | 2.01% |
Correlation
The correlation between ESEE.DE and BJLM.DE is 0.18, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.18 |
Correlation (All Time) Calculated using the full available price history since Feb 21, 2024 | 0.08 |
The correlation between ESEE.DE and BJLM.DE shifts across timeframes, from 0.08 (all time) to 0.18 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
ESEE.DE vs. BJLM.DE — Risk / Return Rank
ESEE.DE
BJLM.DE
ESEE.DE vs. BJLM.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BNP Paribas Easy S&P 500 UCITS ETF EUR (ESEE.DE) and BNP Paribas Easy Sustainable EUR Government Bond UCITS ETF EUR Capitalisation (BJLM.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.
| ESEE.DE | BJLM.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.20 | ||
| Sortino ratioReturn per unit of downside risk | +2.97 | ||
| Omega ratioGain probability vs. loss probability | 1.40 | 1.00 | +0.41 |
| Calmar ratioReturn relative to maximum drawdown | 3.51 | -0.04 | +3.55 |
| Martin ratioReturn relative to average drawdown | 12.48 | -0.10 | +12.58 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| ESEE.DE | BJLM.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.17 | -0.03 | +2.20 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.96 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.93 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.95 | 0.24 | +0.71 |
Drawdowns
ESEE.DE vs. BJLM.DE - Drawdown Comparison
The maximum ESEE.DE drawdown since its inception was -33.58%, which is greater than BJLM.DE's maximum drawdown of -3.87%. Use the drawdown chart below to compare losses from any high point for ESEE.DE and BJLM.DE.
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Drawdown Indicators
| ESEE.DE | BJLM.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.58% | -3.87% | -29.71% |
Max Drawdown (1Y)Largest decline over 1 year | -7.18% | -3.33% | -3.85% |
Max Drawdown (3Y)Largest decline over 3 years | -23.46% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -23.46% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -33.58% | — | — |
Current DrawdownCurrent decline from peak | -0.45% | -1.97% | +1.52% |
Average DrawdownAverage peak-to-trough decline | -4.12% | -1.31% | -2.81% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.03% | 1.33% | +0.70% |
Volatility
ESEE.DE vs. BJLM.DE - Volatility Comparison
BNP Paribas Easy S&P 500 UCITS ETF EUR (ESEE.DE) has a higher volatility of 2.65% compared to BNP Paribas Easy Sustainable EUR Government Bond UCITS ETF EUR Capitalisation (BJLM.DE) at 1.69%. This indicates that ESEE.DE's price experiences larger fluctuations and is considered to be riskier than BJLM.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ESEE.DE | BJLM.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.65% | 1.69% | +0.96% |
Volatility (6M)Calculated over the trailing 6-month period | 7.60% | 4.12% | +3.48% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.61% | 4.70% | +6.91% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.20% | 4.84% | +10.36% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.09% | 4.84% | +11.25% |
ESEE.DE vs. BJLM.DE - Expense Ratio Comparison
ESEE.DE has a 0.15% expense ratio, which is higher than BJLM.DE's 0.12% 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
ESEE.DE vs. BJLM.DE - Dividend Comparison
Neither ESEE.DE nor BJLM.DE has paid dividends to shareholders.
Frequently Asked Questions
ESEE.DE and BJLM.DE have a correlation of 0.18, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, BJLM.DE is cheaper at 0.12% per year. The better choice depends on whether you care most about return, fees, risk, or income.
BJLM.DE is cheaper with a 0.12% expense ratio, compared with 0.15% for ESEE.DE.
ESEE.DE is categorized as S&P 500, while BJLM.DE is European Government Bonds. Their fees differ too: 0.15% for ESEE.DE and 0.12% for BJLM.DE.
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