ISPA.DE vs. ETSZ.DE
ISPA.DE (iShares STOXX Global Select Dividend 100 UCITS ETF (DE)) and ETSZ.DE (BNP Paribas Easy STOXX Europe 600 UCITS ETF) are both exchange-traded funds - ISPA.DE is a Global Equities fund tracking the STOXX® Global Select Dividend 100 index, while ETSZ.DE is a Europe Equities fund tracking the STOXX® Europe 600. Both are passively managed. Over the past 10 years, ISPA.DE returned 8.98%/yr vs 9.16%/yr for ETSZ.DE. Their correlation of 0.81 suggests significant overlap in exposure. ISPA.DE charges 0.46%/yr vs 0.20%/yr for ETSZ.DE.
Performance
ISPA.DE vs. ETSZ.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, ISPA.DE achieves a 13.48% return, which is significantly higher than ETSZ.DE's 7.24% return. Both investments have delivered pretty close results over the past 10 years, with ISPA.DE having a 8.98% annualized return and ETSZ.DE not far ahead at 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
- 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 vs. ETSZ.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
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% |
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% |
Correlation
The correlation between ISPA.DE and ETSZ.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 ISPA.DE and ETSZ.DE has been stable across timeframes, ranging from 0.75 to 0.81 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
ISPA.DE vs. ETSZ.DE — Risk / Return Rank
ISPA.DE
ETSZ.DE
ISPA.DE vs. ETSZ.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares STOXX Global Select Dividend 100 UCITS ETF (DE) (ISPA.DE) and BNP Paribas Easy STOXX Europe 600 UCITS ETF (ETSZ.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.
| ISPA.DE | ETSZ.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 | 1.62 | 1.24 | +0.38 |
| Calmar ratioReturn relative to maximum drawdown | 8.10 | 1.72 | +6.38 |
| Martin ratioReturn relative to average drawdown | 28.73 | 6.45 | +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. | |||
Loading charts...
Sharpe Ratios by Period
| ISPA.DE | ETSZ.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 3.35 | 1.26 | +2.10 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.91 | 0.66 | +0.25 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.60 | 0.59 | +0.02 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.68 | 0.52 | +0.16 |
Drawdowns
ISPA.DE vs. ETSZ.DE - Drawdown Comparison
The maximum ISPA.DE drawdown since its inception was -38.91%, which is greater than ETSZ.DE's maximum drawdown of -35.51%. Use the drawdown chart below to compare losses from any high point for ISPA.DE and ETSZ.DE.
Loading charts...
Drawdown Indicators
| ISPA.DE | ETSZ.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -38.91% | -35.51% | -3.40% |
Max Drawdown (1Y)Largest decline over 1 year | -3.63% | -9.39% | +5.76% |
Max Drawdown (3Y)Largest decline over 3 years | -15.10% | -16.35% | +1.25% |
Max Drawdown (5Y)Largest decline over 5 years | -15.10% | -20.55% | +5.45% |
Max Drawdown (10Y)Largest decline over 10 years | -38.91% | -35.51% | -3.40% |
Current DrawdownCurrent decline from peak | -1.09% | -1.70% | +0.61% |
Average DrawdownAverage peak-to-trough decline | -4.46% | -5.41% | +0.95% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.03% | 2.51% | -1.48% |
Volatility
ISPA.DE vs. ETSZ.DE - Volatility Comparison
The current volatility for iShares STOXX Global Select Dividend 100 UCITS ETF (DE) (ISPA.DE) is 2.62%, while BNP Paribas Easy STOXX Europe 600 UCITS ETF (ETSZ.DE) has a volatility of 4.34%. This indicates that ISPA.DE experiences smaller price fluctuations and is considered to be less risky than ETSZ.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| ISPA.DE | ETSZ.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.62% | 4.34% | -1.72% |
Volatility (6M)Calculated over the trailing 6-month period | 6.51% | 10.64% | -4.13% |
Volatility (1Y)Calculated over the trailing 1-year period | 8.77% | 12.84% | -4.07% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.00% | 14.39% | -2.39% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.79% | 15.54% | -0.75% |
ISPA.DE vs. ETSZ.DE - Expense Ratio Comparison
ISPA.DE has a 0.46% expense ratio, which is higher than ETSZ.DE's 0.20% expense ratio.
Dividends
ISPA.DE vs. ETSZ.DE - Dividend Comparison
ISPA.DE's dividend yield for the trailing twelve months is around 3.75%, while ETSZ.DE has not paid dividends to shareholders.
| 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
ISPA.DE and ETSZ.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.
ISPA.DE is categorized as Global Equities, while ETSZ.DE is Europe Equities. ISPA.DE tracks STOXX® Global Select Dividend 100 index, while ETSZ.DE tracks STOXX® Europe 600. They also come from different issuers: iShares and BNP Paribas. Their fees differ too: 0.46% for ISPA.DE and 0.20% for ETSZ.DE.
Find the right allocation for ISPA.DE and ETSZ.DE
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer