VALU.DE vs. SLQX.DE
VALU.DE (BNP Paribas Easy ESG Value Europe UCITS ETF) and SLQX.DE (Expat Slovenia SBI TOP UCITS ETF) are both Europe Equities funds - VALU.DE tracks the BNP Paribas Value Europe ESG while SLQX.DE tracks the SBI TOP Index. Both are passively managed. Over the past 5 years, VALU.DE returned 8.64%/yr vs 23.41%/yr for SLQX.DE. At a 0.11 correlation, their price movements are largely independent. VALU.DE charges 0.30%/yr vs 1.38%/yr for SLQX.DE.
Performance
VALU.DE vs. SLQX.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, VALU.DE achieves a 15.66% return, which is significantly lower than SLQX.DE's 26.72% return.
VALU.DE
- 1D
- -0.12%
- 1M
- 2.20%
- 6M
- 13.75%
- YTD
- 15.66%
- 1Y
- 25.85%
- 3Y*
- 18.22%
- 5Y*
- 8.64%
- 10Y*
- 7.95%
SLQX.DE
- 1D
- 0.30%
- 1M
- 5.06%
- 6M
- 16.08%
- YTD
- 26.72%
- 1Y
- 28.19%
- 3Y*
- 36.69%
- 5Y*
- 23.41%
- 10Y*
- —
VALU.DE vs. SLQX.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
VALU.DE BNP Paribas Easy ESG Value Europe UCITS ETF | 15.66% | 23.55% | 9.22% | 14.94% | -19.32% | 23.14% | -12.18% | 17.78% | -10.55% |
SLQX.DE Expat Slovenia SBI TOP UCITS ETF | 26.72% | 46.37% | 33.58% | 16.52% | -10.85% | 43.83% | -3.91% | 11.50% | -17.12% |
Correlation
The correlation between VALU.DE and SLQX.DE is 0.19, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.19 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.16 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.15 |
Correlation (All Time) Calculated using the full available price history since Apr 16, 2018 | 0.11 |
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
VALU.DE vs. SLQX.DE — Risk / Return Rank
VALU.DE
SLQX.DE
VALU.DE vs. SLQX.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BNP Paribas Easy ESG Value Europe UCITS ETF (VALU.DE) and Expat Slovenia SBI TOP UCITS ETF (SLQX.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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| VALU.DE | SLQX.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.87 | ||
| Sortino ratioReturn per unit of downside risk | +1.19 | ||
| Omega ratioGain probability vs. loss probability | 1.41 | 1.28 | +0.13 |
| Calmar ratioReturn relative to maximum drawdown | 3.34 | 2.28 | +1.06 |
| Martin ratioReturn relative to average drawdown | 11.98 | 5.48 | +6.50 |
Loading charts...
Drawdowns
VALU.DE vs. SLQX.DE - Drawdown Comparison
The maximum VALU.DE drawdown since its inception was -41.04%, which is greater than SLQX.DE's maximum drawdown of -34.33%. Use the drawdown chart below to compare losses from any high point for VALU.DE and SLQX.DE.
Loading charts...
Drawdown Indicators
| VALU.DE | SLQX.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -41.04% | -34.33% | -6.71% |
Max Drawdown (1Y)Largest decline over 1 year | -7.71% | -12.32% | +4.61% |
Max Drawdown (3Y)Largest decline over 3 years | -14.17% | -12.39% | -1.78% |
Max Drawdown (5Y)Largest decline over 5 years | -31.19% | -24.09% | -7.10% |
Max Drawdown (10Y)Largest decline over 10 years | -41.04% | — | — |
Current DrawdownCurrent decline from peak | -0.12% | 0.00% | -0.12% |
Average DrawdownAverage peak-to-trough decline | -7.67% | -8.99% | +1.32% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.15% | 5.13% | -2.98% |
Volatility
VALU.DE vs. SLQX.DE - Volatility Comparison
The current volatility for BNP Paribas Easy ESG Value Europe UCITS ETF (VALU.DE) is 3.03%, while Expat Slovenia SBI TOP UCITS ETF (SLQX.DE) has a volatility of 3.26%. This indicates that VALU.DE experiences smaller price fluctuations and is considered to be less risky than SLQX.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| VALU.DE | SLQX.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.03% | 3.26% | -0.23% |
Volatility (6M)Calculated over the trailing 6-month period | 9.74% | 16.07% | -6.33% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.71% | 21.11% | -9.40% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.44% | 18.40% | -3.96% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.64% | 17.91% | -2.27% |
VALU.DE vs. SLQX.DE - Expense Ratio Comparison
VALU.DE has a 0.30% expense ratio, which is lower than SLQX.DE's 1.38% expense ratio.
Dividends
VALU.DE vs. SLQX.DE - Dividend Comparison
Neither VALU.DE nor SLQX.DE has paid dividends to shareholders.
Frequently Asked Questions
VALU.DE and SLQX.DE have a correlation of 0.19, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, VALU.DE is cheaper at 0.30% per year. The better choice depends on whether you care most about return, fees, risk, or income.
VALU.DE is cheaper with a 0.30% expense ratio, compared with 1.38% for SLQX.DE.
VALU.DE tracks BNP Paribas Value Europe ESG, while SLQX.DE tracks SBI TOP Index. They also come from different issuers: BNP Paribas and Expat. Their fees differ too: 0.30% for VALU.DE and 1.38% for SLQX.DE.
Find the right allocation for VALU.DE and SLQX.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