ETZ.PA vs. ESE.PA
Compare and contrast key facts about BNP Paribas Easy Stoxx Europe 600 UCITS ETF EUR C (ETZ.PA) and BNP Paribas Easy S&P 500 UCITS ETF (ESE.PA).
ETZ.PA and ESE.PA are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. ETZ.PA is a passively managed fund by BNP Paribas that tracks the performance of the STOXX Europe 600 NR. It was launched on Sep 16, 2013. ESE.PA is a passively managed fund by BNP Paribas that tracks the performance of the S&P 500 Index. It was launched on Sep 16, 2013. Both ETZ.PA and ESE.PA are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Performance
ETZ.PA vs. ESE.PA - Performance Comparison
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ETZ.PA vs. ESE.PA - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ETZ.PA BNP Paribas Easy Stoxx Europe 600 UCITS ETF EUR C | 1.50% | 19.14% | 9.68% | 15.87% | -10.38% | 25.35% | -1.56% | 26.68% | -10.04% | 10.58% |
ESE.PA BNP Paribas Easy S&P 500 UCITS ETF | -2.93% | 3.58% | 33.68% | 22.35% | -14.10% | 40.40% | 8.06% | 33.39% | -0.04% | 7.07% |
Returns By Period
In the year-to-date period, ETZ.PA achieves a 1.50% return, which is significantly higher than ESE.PA's -2.93% return. Over the past 10 years, ETZ.PA has underperformed ESE.PA with an annualized return of 9.04%, while ESE.PA has yielded a comparatively higher 13.82% annualized return.
ETZ.PA
- 1D
- 2.51%
- 1M
- -3.66%
- YTD
- 1.50%
- 6M
- 6.88%
- 1Y
- 13.84%
- 3Y*
- 12.27%
- 5Y*
- 9.61%
- 10Y*
- 9.04%
ESE.PA
- 1D
- 1.73%
- 1M
- -3.05%
- YTD
- -2.93%
- 6M
- -0.08%
- 1Y
- 9.85%
- 3Y*
- 15.88%
- 5Y*
- 12.04%
- 10Y*
- 13.82%
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ETZ.PA vs. ESE.PA - Expense Ratio Comparison
ETZ.PA has a 0.18% expense ratio, which is higher than ESE.PA'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%.
Return for Risk
ETZ.PA vs. ESE.PA — Risk / Return Rank
ETZ.PA
ESE.PA
ETZ.PA vs. ESE.PA - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BNP Paribas Easy Stoxx Europe 600 UCITS ETF EUR C (ETZ.PA) and BNP Paribas Easy S&P 500 UCITS ETF (ESE.PA). 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.
| ETZ.PA | ESE.PA | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.87 | 0.57 | +0.30 |
Sortino ratioReturn per unit of downside risk | 1.20 | 0.88 | +0.32 |
Omega ratioGain probability vs. loss probability | 1.19 | 1.13 | +0.06 |
Calmar ratioReturn relative to maximum drawdown | 2.29 | 3.01 | -0.71 |
Martin ratioReturn relative to average drawdown | 9.34 | 10.34 | -1.00 |
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
| ETZ.PA | ESE.PA | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.87 | 0.57 | +0.30 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.66 | 0.78 | -0.12 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.56 | 0.85 | -0.29 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.40 | 0.76 | -0.37 |
Correlation
The correlation between ETZ.PA and ESE.PA is 0.62, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Dividends
ETZ.PA vs. ESE.PA - Dividend Comparison
Neither ETZ.PA nor ESE.PA has paid dividends to shareholders.
Drawdowns
ETZ.PA vs. ESE.PA - Drawdown Comparison
The maximum ETZ.PA drawdown since its inception was -44.31%, which is greater than ESE.PA's maximum drawdown of -36.74%. Use the drawdown chart below to compare losses from any high point for ETZ.PA and ESE.PA.
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Drawdown Indicators
| ETZ.PA | ESE.PA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -44.31% | -36.74% | -7.57% |
Max Drawdown (1Y)Largest decline over 1 year | -12.53% | -13.42% | +0.89% |
Max Drawdown (5Y)Largest decline over 5 years | -20.58% | -23.28% | +2.70% |
Max Drawdown (10Y)Largest decline over 10 years | -35.10% | -33.62% | -1.48% |
Current DrawdownCurrent decline from peak | -5.29% | -5.23% | -0.06% |
Average DrawdownAverage peak-to-trough decline | -6.53% | -4.93% | -1.60% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.31% | 2.08% | +0.23% |
Volatility
ETZ.PA vs. ESE.PA - Volatility Comparison
BNP Paribas Easy Stoxx Europe 600 UCITS ETF EUR C (ETZ.PA) has a higher volatility of 5.80% compared to BNP Paribas Easy S&P 500 UCITS ETF (ESE.PA) at 3.71%. This indicates that ETZ.PA's price experiences larger fluctuations and is considered to be riskier than ESE.PA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ETZ.PA | ESE.PA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.80% | 3.71% | +2.09% |
Volatility (6M)Calculated over the trailing 6-month period | 9.81% | 8.48% | +1.33% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.70% | 17.04% | -1.34% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.34% | 15.15% | -0.81% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.89% | 16.16% | -0.27% |