PE500.PA vs. ESE.PA
Compare and contrast key facts about Amundi ETF PEA S&P 500 UCITS ETF EUR (PE500.PA) and BNP Paribas Easy S&P 500 UCITS ETF (ESE.PA).
PE500.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. PE500.PA is a passively managed fund by Amundi that tracks the performance of the S&P 500 ESG+ Index. It was launched on Apr 25, 2019. 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 PE500.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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PE500.PA or ESE.PA.
Key characteristics
| PE500.PA | ESE.PA | |
|---|---|---|
| YTD Return | 29.02% | 29.57% |
| 1Y Return | 35.13% | 36.79% |
| 3Y Return (Ann) | 11.79% | 12.06% |
| 5Y Return (Ann) | 15.76% | 15.95% |
| Sharpe Ratio | 2.81 | 2.98 |
| Sortino Ratio | 3.82 | 4.04 |
| Omega Ratio | 1.57 | 1.62 |
| Calmar Ratio | 3.88 | 4.25 |
| Martin Ratio | 16.22 | 19.11 |
| Ulcer Index | 2.09% | 1.85% |
| Daily Std Dev | 12.01% | 11.82% |
| Max Drawdown | -33.60% | -36.74% |
| Current Drawdown | 0.00% | 0.00% |
Correlation
The correlation between PE500.PA and ESE.PA is 0.96, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
PE500.PA vs. ESE.PA - Performance Comparison
The year-to-date returns for both investments are quite close, with PE500.PA having a 29.02% return and ESE.PA slightly higher at 29.57%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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PE500.PA vs. ESE.PA - Expense Ratio Comparison
PE500.PA has a 0.25% 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%.
Risk-Adjusted Performance
PE500.PA vs. ESE.PA - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Amundi ETF PEA S&P 500 UCITS ETF EUR (PE500.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.
Dividends
PE500.PA vs. ESE.PA - Dividend Comparison
Neither PE500.PA nor ESE.PA has paid dividends to shareholders.
Drawdowns
PE500.PA vs. ESE.PA - Drawdown Comparison
The maximum PE500.PA drawdown since its inception was -33.60%, smaller than the maximum ESE.PA drawdown of -36.74%. Use the drawdown chart below to compare losses from any high point for PE500.PA and ESE.PA. For additional features, visit the drawdowns tool.
Volatility
PE500.PA vs. ESE.PA - Volatility Comparison
Amundi ETF PEA S&P 500 UCITS ETF EUR (PE500.PA) and BNP Paribas Easy S&P 500 UCITS ETF (ESE.PA) have volatilities of 3.57% and 3.58%, 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.