UQAB.DE vs. ESEA.DE

Last updated Apr 3, 2026

Compare and contrast key facts about iShares S&P 500 Paris-Aligned Climate UCITS ETF USD Acc (UQAB.DE) and BNP Paribas Easy S&P 500 UCITS ETF (ESEA.DE).

UQAB.DE and ESEA.DE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. UQAB.DE is a passively managed fund by iShares that tracks the performance of the S&P 500® Paris-Aligned Climate Sustainability Screened. It was launched on Apr 22, 2021. ESEA.DE 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 UQAB.DE and ESEA.DE 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

UQAB.DE vs. ESEA.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in iShares S&P 500 Paris-Aligned Climate UCITS ETF USD Acc (UQAB.DE) and BNP Paribas Easy S&P 500 UCITS ETF (ESEA.DE). The values are adjusted to include any dividend payments, if applicable.

UQAB.DE vs. ESEA.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
UQAB.DE iShares S&P 500 Paris-Aligned Climate UCITS ETF USD Acc	-6.17%	2.75%	33.33%	26.71%	-14.98%
ESEA.DE BNP Paribas Easy S&P 500 UCITS ETF	-2.88%	4.07%	32.44%	22.22%	-13.15%

Different Trading Currencies

UQAB.DE is traded in EUR, while ESEA.DE is traded in USD. To make them comparable, the ESEA.DE values have been converted to EUR using the latest available exchange rates.

Returns By Period

In the year-to-date period, UQAB.DE achieves a -6.17% return, which is significantly lower than ESEA.DE's -2.88% return.

UQAB.DE

• 1D: 0.07%
• 1M: -3.61%
• YTD: -6.17%
• 6M: -4.04%
• 1Y: 5.10%
• 3Y*: 14.94%
• 5Y*: —
• 10Y*: —

ESEA.DE

• 1D: 0.16%
• 1M: -2.24%
• YTD: -2.88%
• 6M: 0.03%
• 1Y: 9.93%
• 3Y*: 15.62%
• 5Y*: 11.94%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

UQAB.DE vs. ESEA.DE - Expense Ratio Comparison

UQAB.DE has a 0.07% expense ratio, which is lower than ESEA.DE's 0.15% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

ESEA.DE

BNP Paribas Easy S&P 500 UCITS ETF

UQAB.DE

iShares S&P 500 Paris-Aligned Climate UCITS ETF USD Acc

Return for Risk

UQAB.DE vs. ESEA.DE — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

UQAB.DE

UQAB.DE Risk / Return Rank: 25
UQAB.DE Sharpe Ratio Rank: 19
UQAB.DE Sortino Ratio Rank: 18
UQAB.DE Omega Ratio Rank: 18
UQAB.DE Calmar Ratio Rank: 35
UQAB.DE Martin Ratio Rank: 35

ESEA.DE

ESEA.DE Risk / Return Rank: 67
ESEA.DE Sharpe Ratio Rank: 56
ESEA.DE Sortino Ratio Rank: 57
ESEA.DE Omega Ratio Rank: 57
ESEA.DE Calmar Ratio Rank: 79
ESEA.DE Martin Ratio Rank: 85

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

UQAB.DE vs. ESEA.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares S&P 500 Paris-Aligned Climate UCITS ETF USD Acc (UQAB.DE) and BNP Paribas Easy S&P 500 UCITS ETF (ESEA.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.

	UQAB.DE	ESEA.DE	Difference
Sharpe ratio Return per unit of total volatility	0.30	0.58	-0.28
Sortino ratio Return per unit of downside risk	0.52	0.88	-0.37
Omega ratio Gain probability vs. loss probability	1.07	1.13	-0.05
Calmar ratio Return relative to maximum drawdown	1.18	2.31	-1.12
Martin ratio Return relative to average drawdown	4.03	7.65	-3.62
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

UQAB.DE vs. ESEA.DE - Sharpe Ratio Comparison

The current UQAB.DE Sharpe Ratio is 0.30, which is lower than the ESEA.DE Sharpe Ratio of 0.58. The chart below compares the historical Sharpe Ratios of UQAB.DE and ESEA.DE, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	UQAB.DE	ESEA.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.30	0.58	-0.28
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.74	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.53	0.76	-0.23

Correlation

The correlation between UQAB.DE and ESEA.DE is 0.94, 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.

Dividends

UQAB.DE vs. ESEA.DE - Dividend Comparison

UQAB.DE has not paid dividends to shareholders, while ESEA.DE's dividend yield for the trailing twelve months is around 0.71%.

	TTM	2025	2024	2023	2022	2021	2020
UQAB.DE iShares S&P 500 Paris-Aligned Climate UCITS ETF USD Acc	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
ESEA.DE BNP Paribas Easy S&P 500 UCITS ETF	0.71%	0.68%	0.65%	0.00%	1.08%	0.64%	0.67%

Drawdowns

UQAB.DE vs. ESEA.DE - Drawdown Comparison

The maximum UQAB.DE drawdown since its inception was -23.20%, smaller than the maximum ESEA.DE drawdown of -33.64%. Use the drawdown chart below to compare losses from any high point for UQAB.DE and ESEA.DE.

Drawdown Indicators

	UQAB.DE	ESEA.DE	Difference
Max Drawdown Largest peak-to-trough decline	-23.20%	-34.14%	+10.94%
Max Drawdown (1Y) Largest decline over 1 year	-9.48%	-8.44%	-1.04%
Max Drawdown (5Y) Largest decline over 5 years	—	-24.35%	—
Current Drawdown Current decline from peak	-7.43%	-5.74%	-1.69%
Average Drawdown Average peak-to-trough decline	-5.40%	-5.39%	-0.01%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.78%	1.91%	+0.87%

Volatility

UQAB.DE vs. ESEA.DE - Volatility Comparison

The current volatility for iShares S&P 500 Paris-Aligned Climate UCITS ETF USD Acc (UQAB.DE) is 3.69%, while BNP Paribas Easy S&P 500 UCITS ETF (ESEA.DE) has a volatility of 4.52%. This indicates that UQAB.DE experiences smaller price fluctuations and is considered to be less risky than ESEA.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	UQAB.DE	ESEA.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.69%	4.52%	-0.83%
Volatility (6M) Calculated over the trailing 6-month period	8.43%	9.08%	-0.65%
Volatility (1Y) Calculated over the trailing 1-year period	17.15%	17.10%	+0.05%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.70%	15.86%	-0.16%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.70%	17.92%	-2.22%