ETSZ.DE vs. ISPA.DE
ETSZ.DE (BNP Paribas Easy STOXX Europe 600 UCITS ETF) and ISPA.DE (iShares STOXX Global Select Dividend 100 UCITS ETF (DE)) are both exchange-traded funds - ETSZ.DE is a Europe Equities fund tracking the STOXX® Europe 600, while ISPA.DE is a Global Equities fund tracking the STOXX® Global Select Dividend 100 index. Both are passively managed. Over the past 10 years, ETSZ.DE returned 9.16%/yr vs 8.98%/yr for ISPA.DE. Their correlation of 0.81 suggests significant overlap in exposure. ETSZ.DE charges 0.20%/yr vs 0.46%/yr for ISPA.DE.
Performance
ETSZ.DE vs. ISPA.DE - Performance Comparison
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Returns By Period
In the year-to-date period, ETSZ.DE achieves a 7.24% return, which is significantly lower than ISPA.DE's 13.48% return. Both investments have delivered pretty close results over the past 10 years, with ETSZ.DE having a 9.16% annualized return and ISPA.DE not far behind at 8.98%.
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%
ISPA.DE
- 1D
- 0.49%
- 1M
- 2.41%
- YTD
- 13.48%
- 6M
- 15.60%
- 1Y
- 28.97%
- 3Y*
- 18.65%
- 5Y*
- 11.00%
- 10Y*
- 8.98%
ETSZ.DE vs. ISPA.DE - 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% |
ISPA.DE iShares STOXX Global Select Dividend 100 UCITS ETF (DE) | 13.48% | 19.72% | 12.97% | 4.80% | 0.43% | 22.39% | -9.12% | 24.24% | -7.51% | 2.97% |
Correlation
The correlation between ETSZ.DE and ISPA.DE is 0.79, 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 | 0.79 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.75 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.79 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.80 |
Correlation (All Time) Calculated using the full available price history since Nov 8, 2013 | 0.81 |
The correlation between ETSZ.DE and ISPA.DE has been stable across timeframes, ranging from 0.75 to 0.81 - a consistent structural relationship.
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Return for Risk
ETSZ.DE vs. ISPA.DE — Risk / Return Rank
ETSZ.DE
ISPA.DE
ETSZ.DE vs. ISPA.DE - 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 STOXX Global Select Dividend 100 UCITS ETF (DE) (ISPA.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.
| ETSZ.DE | ISPA.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.10 | ||
| Sortino ratioReturn per unit of downside risk | -2.82 | ||
| Omega ratioGain probability vs. loss probability | 1.24 | 1.62 | -0.38 |
| Calmar ratioReturn relative to maximum drawdown | 1.72 | 8.10 | -6.38 |
| Martin ratioReturn relative to average drawdown | 6.45 | 28.73 | -22.28 |
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 | ISPA.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.26 | 3.35 | -2.10 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.66 | 0.91 | -0.25 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.59 | 0.60 | -0.02 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.52 | 0.68 | -0.16 |
Drawdowns
ETSZ.DE vs. ISPA.DE - Drawdown Comparison
The maximum ETSZ.DE drawdown since its inception was -35.51%, smaller than the maximum ISPA.DE drawdown of -38.91%. Use the drawdown chart below to compare losses from any high point for ETSZ.DE and ISPA.DE.
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Drawdown Indicators
| ETSZ.DE | ISPA.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -35.51% | -38.91% | +3.40% |
Max Drawdown (1Y)Largest decline over 1 year | -9.39% | -3.63% | -5.76% |
Max Drawdown (3Y)Largest decline over 3 years | -16.35% | -15.10% | -1.25% |
Max Drawdown (5Y)Largest decline over 5 years | -20.55% | -15.10% | -5.45% |
Max Drawdown (10Y)Largest decline over 10 years | -35.51% | -38.91% | +3.40% |
Current DrawdownCurrent decline from peak | -1.70% | -1.09% | -0.61% |
Average DrawdownAverage peak-to-trough decline | -5.41% | -4.46% | -0.95% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.51% | 1.03% | +1.48% |
Volatility
ETSZ.DE vs. ISPA.DE - Volatility Comparison
BNP Paribas Easy STOXX Europe 600 UCITS ETF (ETSZ.DE) has a higher volatility of 4.34% compared to iShares STOXX Global Select Dividend 100 UCITS ETF (DE) (ISPA.DE) at 2.62%. This indicates that ETSZ.DE's price experiences larger fluctuations and is considered to be riskier than ISPA.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ETSZ.DE | ISPA.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.34% | 2.62% | +1.72% |
Volatility (6M)Calculated over the trailing 6-month period | 10.64% | 6.51% | +4.13% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.84% | 8.77% | +4.07% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.39% | 12.00% | +2.39% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.54% | 14.79% | +0.75% |
ETSZ.DE vs. ISPA.DE - Expense Ratio Comparison
ETSZ.DE has a 0.20% expense ratio, which is lower than ISPA.DE's 0.46% expense ratio.
Dividends
ETSZ.DE vs. ISPA.DE - Dividend Comparison
ETSZ.DE has not paid dividends to shareholders, while ISPA.DE's dividend yield for the trailing twelve months is around 3.75%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
ISPA.DE iShares STOXX Global Select Dividend 100 UCITS ETF (DE) | 3.75% | 4.52% | 4.89% | 5.91% | 6.92% | 3.32% | 4.04% | 4.02% | 3.37% | 5.66% | 3.64% | 4.35% |
Frequently Asked Questions
ETSZ.DE and ISPA.DE have a correlation of 0.79, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, ETSZ.DE is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.
ETSZ.DE is cheaper with a 0.20% expense ratio, compared with 0.46% for ISPA.DE.
ETSZ.DE is categorized as Europe Equities, while ISPA.DE is Global Equities. ETSZ.DE tracks STOXX® Europe 600, while ISPA.DE tracks STOXX® Global Select Dividend 100 index. They also come from different issuers: BNP Paribas and iShares. Their fees differ too: 0.20% for ETSZ.DE and 0.46% for ISPA.DE.
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