ETSZ.DE vs. CHDVD.SW
ETSZ.DE (BNP Paribas Easy STOXX Europe 600 UCITS ETF) and CHDVD.SW (iShares Swiss Dividend ETF (CH)) are both Europe Equities funds - ETSZ.DE tracks the STOXX® Europe 600 while CHDVD.SW tracks the SPI® Select Dividend 20 Index. Both are passively managed. Over the past 10 years, ETSZ.DE returned 9.16%/yr vs 11.60%/yr for CHDVD.SW. A 0.72 correlation means they provide meaningful diversification when combined. ETSZ.DE charges 0.20%/yr vs 0.15%/yr for CHDVD.SW.
Performance
ETSZ.DE vs. CHDVD.SW - Performance Comparison
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Different Trading Currencies
ETSZ.DE is traded in EUR, while CHDVD.SW is traded in CHF. To make them comparable, the CHDVD.SW values have been converted to EUR using the latest available exchange rates.
Returns By Period
In the year-to-date period, ETSZ.DE achieves a 7.24% return, which is significantly higher than CHDVD.SW's 2.60% return. Over the past 10 years, ETSZ.DE has underperformed CHDVD.SW with an annualized return of 9.16%, while CHDVD.SW has yielded a comparatively higher 11.60% annualized return.
ETSZ.DE
- 1D
- 0.59%
- 1M
- 2.47%
- YTD
- 7.24%
- 6M
- 9.85%
- 1Y
- 15.63%
- 3Y*
- 13.72%
- 5Y*
- 9.62%
- 10Y*
- 9.16%
CHDVD.SW
- 1D
- 1.09%
- 1M
- 0.46%
- YTD
- 2.60%
- 6M
- 6.46%
- 1Y
- 9.60%
- 3Y*
- 11.75%
- 5Y*
- 10.73%
- 10Y*
- 11.60%
ETSZ.DE vs. CHDVD.SW - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ETSZ.DE BNP Paribas Easy STOXX Europe 600 UCITS ETF | 7.24% | 20.43% | 8.21% | 15.61% | -10.31% | 24.89% | -1.49% | 28.86% | -11.18% | 10.63% |
CHDVD.SW iShares Swiss Dividend ETF (CH) | 2.60% | 20.19% | 7.39% | 16.79% | -6.45% | 29.71% | 4.34% | 39.30% | -0.88% | 6.55% |
Correlation
The correlation between ETSZ.DE and CHDVD.SW is 0.61, 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 | 0.61 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.62 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.68 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.72 |
Correlation (All Time) Calculated using the full available price history since Apr 30, 2014 | 0.72 |
The correlation between ETSZ.DE and CHDVD.SW shifts across timeframes, from 0.61 (1 year) to 0.72 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
ETSZ.DE vs. CHDVD.SW — Risk / Return Rank
ETSZ.DE
CHDVD.SW
ETSZ.DE vs. CHDVD.SW - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BNP Paribas Easy STOXX Europe 600 UCITS ETF (ETSZ.DE) and iShares Swiss Dividend ETF (CH) (CHDVD.SW). 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.
| ETSZ.DE | CHDVD.SW | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.45 | ||
| Sortino ratioReturn per unit of downside risk | +0.63 | ||
| Omega ratioGain probability vs. loss probability | 1.24 | 1.15 | +0.09 |
| Calmar ratioReturn relative to maximum drawdown | 1.72 | 1.03 | +0.69 |
| Martin ratioReturn relative to average drawdown | 6.45 | 3.08 | +3.37 |
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
| ETSZ.DE | CHDVD.SW | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.26 | 0.80 | +0.45 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.66 | 0.80 | -0.14 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.59 | 0.79 | -0.21 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.52 | 0.71 | -0.19 |
Drawdowns
ETSZ.DE vs. CHDVD.SW - Drawdown Comparison
The maximum ETSZ.DE drawdown since its inception was -35.51%, which is greater than CHDVD.SW's maximum drawdown of -29.74%. Use the drawdown chart below to compare losses from any high point for ETSZ.DE and CHDVD.SW.
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Drawdown Indicators
| ETSZ.DE | CHDVD.SW | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -35.51% | -29.74% | -5.77% |
Max Drawdown (1Y)Largest decline over 1 year | -9.39% | -9.87% | +0.48% |
Max Drawdown (3Y)Largest decline over 3 years | -16.35% | -13.39% | -2.96% |
Max Drawdown (5Y)Largest decline over 5 years | -20.55% | -14.29% | -6.26% |
Max Drawdown (10Y)Largest decline over 10 years | -35.51% | -29.74% | -5.77% |
Current DrawdownCurrent decline from peak | -1.70% | -4.79% | +3.09% |
Average DrawdownAverage peak-to-trough decline | -5.41% | -5.03% | -0.38% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.51% | 3.26% | -0.75% |
Volatility
ETSZ.DE vs. CHDVD.SW - Volatility Comparison
BNP Paribas Easy STOXX Europe 600 UCITS ETF (ETSZ.DE) and iShares Swiss Dividend ETF (CH) (CHDVD.SW) have volatilities of 4.34% and 4.42%, 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.
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Volatility by Period
| ETSZ.DE | CHDVD.SW | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.34% | 4.42% | -0.08% |
Volatility (6M)Calculated over the trailing 6-month period | 10.64% | 10.26% | +0.38% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.84% | 12.65% | +0.19% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.39% | 13.45% | +0.94% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.54% | 14.70% | +0.84% |
ETSZ.DE vs. CHDVD.SW - Expense Ratio Comparison
ETSZ.DE has a 0.20% expense ratio, which is higher than CHDVD.SW's 0.15% 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
ETSZ.DE vs. CHDVD.SW - Dividend Comparison
ETSZ.DE has not paid dividends to shareholders, while CHDVD.SW's dividend yield for the trailing twelve months is around 3.23%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CHDVD.SW iShares Swiss Dividend ETF (CH) | 3.23% | 3.46% | 3.32% | 3.48% | 3.48% | 2.92% | 3.07% | 3.25% | 3.83% | 3.50% | 2.70% | 3.13% |
ETSZ.DE BNP Paribas Easy STOXX Europe 600 UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
ETSZ.DE and CHDVD.SW have a correlation of 0.61, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, CHDVD.SW is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.
CHDVD.SW is cheaper with a 0.15% expense ratio, compared with 0.20% for ETSZ.DE.
ETSZ.DE tracks STOXX® Europe 600, while CHDVD.SW tracks SPI® Select Dividend 20 Index. They also come from different issuers: BNP Paribas and iShares. Their fees differ too: 0.20% for ETSZ.DE and 0.15% for CHDVD.SW.
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