ETF · BNP Paribas
0E4X Easy Energy & Metals Enhanced Roll -UCITS ETF EUR- Capitalisation
ISIN LU1291109616London Stock Exchange: 0E4XBNP Paribas SA
- Gold & commodities
- ETF
- ISA
- SIPP
- Accumulating
Latest close
LSE€21.07
on
- Ongoing charge
- 0.63% a year
As of , at least 15 min delayed
At a glance
As of 13/11/2026, 0E4X (Easy Energy & Metals Enhanced Roll -UCITS ETF EUR- Capitalisation, ISIN LU1291109616) closed at €21.07 on the London Stock Exchange. Its ongoing charge is 0.63% a year (about £63 on £10,000). Over the five years to 13/11/2026 its total return was +100.4%, or +56.4% after UK CPIH inflation.
Past returns
- 1 year to 13/11/2026
- +36.1%
- +31.3% after inflation (UK CPIH)
- 3 years to 13/11/2026
- +36.1%
- +23.0% after inflation (UK CPIH)
- 5 years to 13/11/2026
- +100.4%
- +56.4% after inflation (UK CPIH)
£1,000 put in five years ago would have been worth about £2,004 on 13/11/2026 — about £1,564 in today’s spending power, once price rises are taken out. Past performance is not a guide to future returns.
Returns: as reported (delayed data). Inflation: UK CPIH, latest month published.
How we work it out:ReturnsReturns after inflationTotal returnReal returnCPIH
Calendar-year and 12-month returns
Calendar-year returns of Easy Energy & Metals Enhanced Roll -UCITS ETF EUR- Capitalisation in pounds (price, with income reinvested in the fund): 2022 +28.2%, 2023 −15.0%, 2024 +11.0%, 2025 +16.0%; 2026 to 13/11/2026 +21.7%. Returns of Easy Energy & Metals Enhanced Roll -UCITS ETF EUR- Capitalisation in pounds (price, with income reinvested in the fund) over the 12 months to 30/09/2026: +38.0%; to 30/09/2025: +15.9%; to 30/09/2024: −7.5%; to 30/09/2023: −10.5%; to 30/09/2022: +38.6%.
| Year | Return | After inflation | Return shown as a bar |
|---|---|---|---|
| to | +21.7% | +17.8% | |
| to | +16.0% | +12.0% | |
| to | +11.0% | +7.2% | |
| −15.0% | −18.4% | ||
| +28.2% | +17.3% |
| 12 months to | Return | After inflation |
|---|---|---|
| from | +38.0% | +33.1% |
| from | +15.9% | +11.3% |
| from | −7.5% | −9.9% |
| from | −10.5% | −15.9% |
| from | +38.6% | +27.4% |
As of , inflation: UK CPIH
How we work it out:Calendar-year returnsWhat a calendar-year return isAccumulating and distributing
Risk: volatility and largest fall
Volatility (annualised)
17.6%over 5 years
| 1 year | 19.6% |
|---|---|
| 3 years | 16.6% |
| 5 years | 17.6% |
Annualised from weekly returns. Higher means bumpier.
- Largest fall since November 2021
- −28.3%
- From to
- Lowest 12-month return
- −24.2%
- 12 months to
- Highest 12-month return
- +67.8%
- 12 months to
- Below its highest weekly close since November 2021
- 5.9%
- High of , latest
In words: Volatility of Easy Energy & Metals Enhanced Roll -UCITS ETF EUR- Capitalisation in pounds, annualised from weekly returns to 13/11/2026: 19.6% over 1 year, 16.6% over 3 years, 17.6% over 5 years. Largest fall in the price of Easy Energy & Metals Enhanced Roll -UCITS ETF EUR- Capitalisation since November 2021, in pounds: −28.3% from 10/06/2022 to 02/02/2024. The lowest 12-month return of Easy Energy & Metals Enhanced Roll -UCITS ETF EUR- Capitalisation in pounds (price, with income reinvested in the fund) since January 2021 was −24.2% (12 months to 09/06/2023); the highest was +67.8% (12 months to 10/06/2022). On 13/11/2026 the price of Easy Energy & Metals Enhanced Roll -UCITS ETF EUR- Capitalisation was 5.9% below its highest weekly close since November 2021 (09/10/2026), in pounds.
As of , price, with income reinvested in the fund
How we work it out:Risk figuresFallsVolatilityLargest fall
Charges compared with similar funds
- Ongoing charge
- 0.63%
- a year
- On £10,000
- £63
- a year, roughly
- Over five years
- £311
- of £10,000, before growth
- 131 charge less
- 2 the same
- 16 charge more
Ongoing charge of Easy Energy & Metals Enhanced Roll -UCITS ETF EUR- Capitalisation 0.63% a year. Compared on 14/11/2026, 16 of the 149 other gold and commodity funds charge more, 2 the same and 131 less (share classes counted once).
As of
A lower charge is not a promise of a higher return: what the fund holds matters more.
As of
Read more:Ongoing charge (OCF)OCF and TERFee dragHow charges add up
In plain English
Easy Energy & Metals Enhanced Roll -UCITS ETF EUR- Capitalisation is an exchange-traded fund (ETF) from BNP Paribas, launched in 2015.
It tracks the BNP Paribas Energy & Metals Enhanced Roll Index.
You buy and sell it through a share-dealing account or platform during stock-market hours, like a share.
Its ongoing charge is 0.63% a year — about £63 a year on every £10,000 invested, taken from the fund's value rather than billed to you.
Income from its investments is reinvested inside the fund, so it shows up as a rising price rather than cash paid to you.
Gold & commodities: Gold, silver, oil and other raw materials. They pay no dividends or interest — returns come only from price changes.
Terms:ETFIndex fundUCITSAccumulating or incomeShare classISIN
Key facts
- Ticker
- 0E4X
- ISIN
- LU1291109616
- Also listed as
- GSDE (Xetra, euros)
- Provider
- BNP Paribas
- Tracks
- BNP Paribas Energy & Metals Enhanced Roll Index
- Structure
- ETF
- An exchange-traded fund: bought and sold on the stock exchange through the day, like a share.
- Income
- Accumulating
- Income is reinvested inside the fund, so it shows up as a rising price rather than cash paid to you.
- Ongoing charge
- 0.63% a year · about £63 on £10,000
- Launched
- Domicile
- Luxembourg
- Can usually be held in
- ISA and SIPP
- Check with your platform: each decides which funds it offers.
- Currency hedged
- No
- Price currency
- EUR
- Category
- Gold & commodities
Price chart
Over the last year, the closing price went from €16.26 on 14/11/2025 to €21.07 on 13/11/2026 (+29.6%). The lowest close shown was €16.07 on 28/11/2025 and the highest €22.07 on 09/10/2026.
One close a week. Before 05/08/2026 the closes are from the weekly price history for this listing; from then on, the closing prices we have recorded.
As of , at least 15 min delayed
Five years of prices, and after inflation
258 weekly closes, from 12/11/2021 to 13/11/2026. The same history in November 2026 pounds, adjusted with CPIH inflation.
Create a free account to see the 5-year price chart and the after-inflation chart
Sign-up takes an email address. There is no card to enter and nothing to pay.
How we work it out:Prices and returnsNAV and price
What it holds
- Holdings
- 58
- on record
- Ten largest
- 51.5%
- of the whole fund
- Effective number of holdings
- 26
- As concentrated as this many equal-sized holdings (how it is worked out)
- Largest holding
- 8.0%
- Intel
Top 10 holdings
| Rank# | Holding | Weight as a percentage of the fund |
|---|---|---|
| 1 | IntelINTC | 8.03% |
| 2 | Alphabet · Class CGOOG | 7.90% |
| 3 | BroadcomAVGO | 7.02% |
| 4 | NVIDIANVDA | 5.70% |
| 5 | MetLifeMET | 5.20% |
| 6 | American International Group, Inc. NewAIG | 4.01% |
| 7 | AbbVieABBV | 3.74% |
| 8 | Ross StoresROST | 3.41% |
| 9 | Costco WholesaleCOST | 3.30% |
| 10 | CrowdStrike · Class ACRWD | 3.14% |
As of , holdings as published
See the full portfolio
Every holding with search and filters, the whole breakdown by sector, country and type of asset, a map of the 58 largest.
All holdings
The fund publishes 58 holdings; the ten largest make up 51.5% of it.
Create a free account to see the full holdings list
Sign-up takes an email address. There is no card to enter and nothing to pay.
Sector split
As a share of the whole fund. 100.2% of it is classified by sector; bonds, cash and positions that cannot be matched are left out rather than guessed.
- Electronic Technology28.8%
- Technology Services19.3%
- Finance18.6%
- Health Technology9.6%
- Retail Trade8.1%
- Consumer Non-Durables6.7%
- Consumer Durables2.4%
- Health Services1.9%
- Other classified sectors4.8%
Holdings:Compare what it holds with another fundHoldings overlapHow overlap is measured
Risk and return in depth
Sharpe, Sortino and Calmar ratios
Sharpe, Sortino and Calmar ratios over 1, 3 and 5 years, from weekly returns in pounds.
With a free accountRolling returns
The full range of 248 rolling 12-month returns since January 2021, and of 144 rolling three-year returns, in pounds, with how often they were above zero.
With a free accountLargest falls and recoveries
The 3 largest falls since November 2021, in pounds, with how many weeks each took to reach its low and to recover.
With a free account
Create a free account to see the risk ratios, every rolling return and each large fall and its recovery
Sign-up takes an email address. There is no card to enter and nothing to pay.
Questions people ask
What is the ongoing charge of 0E4X?
The ongoing charge of 0E4X is 0.63% a year — about £63 a year on every £10,000 invested, taken from the fund’s value rather than billed to you. Platform and dealing fees are charged separately. Ongoing charge of Easy Energy & Metals Enhanced Roll -UCITS ETF EUR- Capitalisation 0.63% a year. Compared on 14/11/2026, 16 of the 149 other gold and commodity funds charge more, 2 the same and 131 less (share classes counted once).
What does 0E4X track?
0E4X tracks the BNP Paribas Energy & Metals Enhanced Roll Index.
Is 0E4X accumulating or distributing?
0E4X is accumulating: income is reinvested inside the fund, so it shows up as a rising price rather than cash paid to you.
What is the ISIN of 0E4X?
The ISIN of 0E4X is LU1291109616. An ISIN identifies one exact share class of a fund; 0E4X is its ticker on the London Stock Exchange. The same share class is also listed as GSDE (Xetra, euros).
What does 0E4X hold?
0E4X is a swap-based (synthetic) fund: it gets the return of the index it tracks through a swap. Its published holdings, as of 21/05/2026, are the substitute basket of securities the fund holds as collateral, not the companies in that index.
What were 0E4X’s returns in each of the last five years?
Calendar-year returns of 0E4X in pounds (price, with income reinvested in the fund): 2022 +28.2%, 2023 −15.0%, 2024 +11.0%, 2025 +16.0%; 2026 to 13/11/2026 +21.7%. Past performance is not a guide to future returns.
How has 0E4X done after inflation?
Over the five years to 13/11/2026 0E4X’s total return was +100.4%, or +56.4% after UK CPIH inflation. Past performance is not a guide to future returns.
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Fund documents and methods
- Fund documents
- Fund page at BNP Paribas Asset Management (links checked )
Methodology:ReturnsCategoriesAll methods
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