ZSRM.DE vs. D6RQ.DE

Last updated Jun 5, 2026

ZSRM.DE (BNP Paribas Easy MSCI USA SRI S-Series PAB 5% Capped UCITS ETF EUR Acc) and D6RQ.DE (Deka MSCI USA Climate Change ESG UCITS ETF) are both Large Cap Blend Equities funds - ZSRM.DE tracks the MSCI USA SRI S-Series PAB 5% Capped while D6RQ.DE tracks the MSCI USA Climate Change ESG Select. Both are passively managed. Over the past 3 years, ZSRM.DE returned 9.90%/yr vs 23.10%/yr for D6RQ.DE. Their correlation of 0.83 suggests significant overlap in exposure. Both charge a 0.25% expense ratio.

Performance

ZSRM.DE vs. D6RQ.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in BNP Paribas Easy MSCI USA SRI S-Series PAB 5% Capped UCITS ETF EUR Acc (ZSRM.DE) and Deka MSCI USA Climate Change ESG UCITS ETF (D6RQ.DE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ZSRM.DE achieves a 10.14% return, which is significantly lower than D6RQ.DE's 14.41% return.

ZSRM.DE

• 1D: 0.72%
• 1M: 6.90%
• YTD: 10.14%
• 6M: 9.61%
• 1Y: 11.04%
• 3Y*: 9.90%
• 5Y*: —
• 10Y*: —

D6RQ.DE

• 1D: -0.56%
• 1M: 7.43%
• YTD: 14.41%
• 6M: 13.29%
• 1Y: 33.08%
• 3Y*: 23.10%
• 5Y*: 17.54%
• 10Y*: —

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

ZSRM.DE vs. D6RQ.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
ZSRM.DE BNP Paribas Easy MSCI USA SRI S-Series PAB 5% Capped UCITS ETF EUR Acc	10.14%	-6.25%	17.05%	19.31%	-8.53%
D6RQ.DE Deka MSCI USA Climate Change ESG UCITS ETF	14.41%	4.36%	42.08%	34.15%	-14.21%

Correlation

The correlation between ZSRM.DE and D6RQ.DE is 0.72, 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	0.72
Correlation (3Y) Calculated over the trailing 3-year period	0.76
Correlation (All Time) Calculated using the full available price history since Jan 28, 2022	0.83

The correlation between ZSRM.DE and D6RQ.DE shifts across timeframes, from 0.72 (1 year) to 0.83 (all time), reflecting how their relationship changes across market environments.

Return for Risk

ZSRM.DE vs. D6RQ.DE — Risk / Return Rank

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

ZSRM.DE

ZSRM.DE Risk / Return Rank: 26
ZSRM.DE Sharpe Ratio Rank: 26
ZSRM.DE Sortino Ratio Rank: 25
ZSRM.DE Omega Ratio Rank: 25
ZSRM.DE Calmar Ratio Rank: 27
ZSRM.DE Martin Ratio Rank: 27

D6RQ.DE

D6RQ.DE Risk / Return Rank: 61
D6RQ.DE Sharpe Ratio Rank: 69
D6RQ.DE Sortino Ratio Rank: 65
D6RQ.DE Omega Ratio Rank: 66
D6RQ.DE Calmar Ratio Rank: 55
D6RQ.DE Martin Ratio Rank: 48

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.

ZSRM.DE vs. D6RQ.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for BNP Paribas Easy MSCI USA SRI S-Series PAB 5% Capped UCITS ETF EUR Acc (ZSRM.DE) and Deka MSCI USA Climate Change ESG UCITS ETF (D6RQ.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.

	ZSRM.DE	D6RQ.DE	Difference
Sharpe ratio: Return per unit of total volatility	0.91	2.23	-1.32
Sortino ratio: Return per unit of downside risk	1.33	2.97	-1.64
Omega ratio: Gain probability vs. loss probability	1.16	1.39	-0.23
Calmar ratio: Return relative to maximum drawdown	1.28	2.69	-1.42
Martin ratio: Return relative to average drawdown	3.54	7.85	-4.31
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ZSRM.DE vs. D6RQ.DE - Sharpe Ratio Comparison

The current ZSRM.DE Sharpe Ratio is 0.91, which is lower than the D6RQ.DE Sharpe Ratio of 2.23. The chart below compares the historical Sharpe Ratios of ZSRM.DE and D6RQ.DE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	ZSRM.DE	D6RQ.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.91	2.23	-1.32
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.97	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.41	1.09	-0.68

Drawdowns

ZSRM.DE vs. D6RQ.DE - Drawdown Comparison

The maximum ZSRM.DE drawdown since its inception was -23.72%, smaller than the maximum D6RQ.DE drawdown of -27.29%. Use the drawdown chart below to compare losses from any high point for ZSRM.DE and D6RQ.DE.

Drawdown Indicators

	ZSRM.DE	D6RQ.DE	Difference
Max Drawdown Largest peak-to-trough decline	-23.72%	-27.29%	+3.57%
Max Drawdown (1Y) Largest decline over 1 year	-8.64%	-12.28%	+3.64%
Max Drawdown (3Y) Largest decline over 3 years	-23.72%	-27.29%	+3.57%
Max Drawdown (5Y) Largest decline over 5 years	—	-27.29%	—
Current Drawdown Current decline from peak	-1.84%	-0.84%	-1.00%
Average Drawdown Average peak-to-trough decline	-7.07%	-5.82%	-1.25%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.13%	4.22%	-1.09%

Volatility

ZSRM.DE vs. D6RQ.DE - Volatility Comparison

The current volatility for BNP Paribas Easy MSCI USA SRI S-Series PAB 5% Capped UCITS ETF EUR Acc (ZSRM.DE) is 3.16%, while Deka MSCI USA Climate Change ESG UCITS ETF (D6RQ.DE) has a volatility of 4.06%. This indicates that ZSRM.DE experiences smaller price fluctuations and is considered to be less risky than D6RQ.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ZSRM.DE	D6RQ.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.16%	4.06%	-0.90%
Volatility (6M) Calculated over the trailing 6-month period	8.46%	10.35%	-1.89%
Volatility (1Y) Calculated over the trailing 1-year period	12.17%	14.84%	-2.67%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.88%	17.79%	-1.91%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.88%	17.56%	-1.68%

ZSRM.DE vs. D6RQ.DE - Expense Ratio Comparison

Both ZSRM.DE and D6RQ.DE have an expense ratio of 0.25%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.

Dividends

ZSRM.DE vs. D6RQ.DE - Dividend Comparison

ZSRM.DE has not paid dividends to shareholders, while D6RQ.DE's dividend yield for the trailing twelve months is around 0.37%.

Position	TTM	2025	2024	2023	2022	2021	2020
D6RQ.DE Deka MSCI USA Climate Change ESG UCITS ETF	0.37%	0.53%	0.39%	0.60%	0.80%	0.46%	0.25%
ZSRM.DE BNP Paribas Easy MSCI USA SRI S-Series PAB 5% Capped UCITS ETF EUR Acc	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both ZSRM.DE and D6RQ.DE in my portfolio?

ZSRM.DE and D6RQ.DE have a correlation of 0.72, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, ZSRM.DE or D6RQ.DE?

Both ETFs have the same 0.25% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, ZSRM.DE or D6RQ.DE?

ZSRM.DE and D6RQ.DE have the same expense ratio: 0.25% per year.

What is the main difference between ZSRM.DE and D6RQ.DE?

ZSRM.DE tracks MSCI USA SRI S-Series PAB 5% Capped, while D6RQ.DE tracks MSCI USA Climate Change ESG Select. They also come from different issuers: BNP Paribas and Deka.