ETSZ.DE vs. NBIS
ETSZ.DE (BNP Paribas Easy STOXX Europe 600 UCITS ETF) is Europe Equities fund tracking the STOXX® Europe 600, while NBIS (Nebius Group N.V.) is a stock. Over the past year, ETSZ.DE returned 15.63% vs 346.03% for NBIS. At a 0.16 correlation, their price movements are largely independent.
Performance
ETSZ.DE vs. NBIS - Performance Comparison
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Different Trading Currencies
ETSZ.DE is traded in EUR, while NBIS is traded in USD. To make them comparable, the NBIS 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 lower than NBIS's 165.24% 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%
NBIS
- 1D
- -4.42%
- 1M
- 25.81%
- YTD
- 165.24%
- 6M
- 119.23%
- 1Y
- 346.03%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
ETSZ.DE vs. NBIS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
ETSZ.DE BNP Paribas Easy STOXX Europe 600 UCITS ETF | 7.24% | 20.43% | -3.52% |
NBIS Nebius Group N.V. | 165.24% | 166.32% | 53.52% |
Correlation
The correlation between ETSZ.DE and NBIS is 0.14, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.14 |
Correlation (All Time) Calculated using the full available price history since Oct 21, 2024 | 0.16 |
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Return for Risk
ETSZ.DE vs. NBIS — Risk / Return Rank
ETSZ.DE
NBIS
ETSZ.DE vs. NBIS - 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 Nebius Group N.V. (NBIS). 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 | NBIS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.07 | ||
| Sortino ratioReturn per unit of downside risk | -1.83 | ||
| Omega ratioGain probability vs. loss probability | 1.24 | 1.41 | -0.17 |
| Calmar ratioReturn relative to maximum drawdown | 1.72 | 7.51 | -5.79 |
| Martin ratioReturn relative to average drawdown | 6.45 | 17.23 | -10.79 |
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 | NBIS | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.26 | 3.33 | -2.07 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.66 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.59 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.52 | 3.02 | -2.50 |
Drawdowns
ETSZ.DE vs. NBIS - Drawdown Comparison
The maximum ETSZ.DE drawdown since its inception was -35.51%, smaller than the maximum NBIS drawdown of -60.89%. Use the drawdown chart below to compare losses from any high point for ETSZ.DE and NBIS.
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Drawdown Indicators
| ETSZ.DE | NBIS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -35.51% | -60.89% | +25.38% |
Max Drawdown (1Y)Largest decline over 1 year | -9.39% | -46.43% | +37.04% |
Max Drawdown (3Y)Largest decline over 3 years | -16.35% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -20.55% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -35.51% | — | — |
Current DrawdownCurrent decline from peak | -1.70% | -16.86% | +15.16% |
Average DrawdownAverage peak-to-trough decline | -5.41% | -19.63% | +14.22% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.51% | 20.19% | -17.68% |
Volatility
ETSZ.DE vs. NBIS - Volatility Comparison
The current volatility for BNP Paribas Easy STOXX Europe 600 UCITS ETF (ETSZ.DE) is 4.34%, while Nebius Group N.V. (NBIS) has a volatility of 33.54%. This indicates that ETSZ.DE experiences smaller price fluctuations and is considered to be less risky than NBIS 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 | NBIS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.34% | 33.54% | -29.20% |
Volatility (6M)Calculated over the trailing 6-month period | 10.64% | 71.08% | -60.44% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.84% | 104.88% | -92.04% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.39% | 111.49% | -97.10% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.54% | 111.49% | -95.95% |
Dividends
ETSZ.DE vs. NBIS - Dividend Comparison
Neither ETSZ.DE nor NBIS has paid dividends to shareholders.
Frequently Asked Questions
ETSZ.DE and NBIS have a correlation of 0.14, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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