# BNP Paribas Easy S&P 500 UCITS ETF Act. EUR HDG (0XEL) **Page:** https://fundology.uk/fund/0xel · ISIN FR0013041530 ## At a glance > Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise. As of 13/11/2026, 0XEL (BNP Paribas Easy S&P 500 UCITS ETF Act. EUR HDG, ISIN FR0013041530) closed at €23.92 on the London Stock Exchange. Its ongoing charge is 0.14% a year (about £14 on £10,000). Over the five years to 13/11/2026 its total return was +49.7%, or +16.9% after UK CPIH inflation. ## Summary BNP Paribas Easy S&P 500 UCITS ETF Act. EUR HDG is an exchange-traded fund (ETF) from BNP Paribas, launched in 2015. It tracks the S&P 500 — about 500 of the largest companies listed in the US. You buy and sell it through a share-dealing account or platform during stock-market hours, like a share. Its ongoing charge is 0.14% a year — about £14 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. It is currency-hedged to euros, not to the pound: it aims to remove most of the effect of exchange-rate moves against euros, so a holder who counts in pounds still has currency risk. Latest close: **€23.92** (13/11/2026). ## Key facts | Fact | Value | |---|---| | Ticker (LSE) | 0XEL | | ISIN | FR0013041530 | | Also listed as | ESEH (Xetra, euros) | | Category | US shares | | Type | ETF | | Provider | BNP Paribas | | Tracks | S&P 500 | | Income | Accumulating | | Ongoing charge | 0.14% a year (£14 per £10,000) | | Fund size | £1.2bn | | Launched | 2015 | | Domicile | France | ## Past returns (periods to 13/11/2026) After the fund's ongoing charges. "Income reinvested" is total return; "price only" leaves out income paid out. Real returns are after UK CPIH inflation. | Window | Return | After CPIH inflation | Measured as | |---|---|---|---| | 1 year | +3.84% | +0.16% | income reinvested | | 3 years | +59.23% | +43.86% | income reinvested | | 5 years | +49.70% | +16.85% | income reinvested | Returns: as reported (delayed data). Inflation: UK CPIH, latest month published. ## Calendar-year returns Calendar-year returns of BNP Paribas Easy S&P 500 UCITS ETF Act. EUR HDG in pounds (price, with income reinvested in the fund): 2021 −6.5%, 2024 +18.3%, 2025 +20.1%; 2026 to 13/11/2026 +3.1%. Returns of BNP Paribas Easy S&P 500 UCITS ETF Act. EUR HDG in pounds (price, with income reinvested in the fund) over the 12 months to 30/09/2026: +10.5%; to 30/09/2025: +21.1%; to 30/09/2024: +21.1%; to 30/09/2023: +18.1%. | Year | Return | After CPIH inflation | Measured as | |---|---|---|---| | 2021 | -6.5% | -10.9% | Price | | 2024 | +18.3% | +14.3% | Price | | 2025 | +20.1% | +16.0% | Price | | 2026 to 13/11/2026 | +3.1% | -0.2% | Price | ## Risk metrics | Window | Volatility | Max drawdown | |---|---|---| | 1 year | 11.72% | -7.64% | | 3 years | 12.42% | -11.71% | ## Largest fall Volatility of BNP Paribas Easy S&P 500 UCITS ETF Act. EUR HDG in pounds, annualised from weekly returns to 13/11/2026: 11.7% over 1 year, 12.4% over 3 years. The lowest 12-month return of BNP Paribas Easy S&P 500 UCITS ETF Act. EUR HDG in pounds (price, with income reinvested in the fund) since November 2020 was −7.5% (12 months to 10/12/2021); the highest was +33.0% (12 months to 24/04/2026). ## Charges compared with similar funds Ongoing charge of BNP Paribas Easy S&P 500 UCITS ETF Act. EUR HDG 0.14% a year. Compared on 14/11/2026, 168 of the 254 other US share funds charge more, 3 the same and 83 less (share classes counted once). ## Funds tracking the same index 48 funds track S&P 500, this one included and share classes counted once; their ongoing charges range from 0.03% to 0.45% a year (13/11/2026). | Fund | Ongoing charge | 1 year | 3 years | 5 years | |---|---|---|---|---| | Amundi Core S&P 500 UCITS ETF Accum Shs USD | 0.04% | +13.0% | — | — | | Amundi Index Solutions - S&P 500 UCITS ETF | 0.15% | +11.0% | +64.7% | +75.5% | | Amundi Index Solutions - S&P 500 UCITS ETF Dist | 0.15% | +11.4% | +61.3% | — | | BNP PARIBAS EASY - S&P 500 II | 0.08% | +13.9% | — | — | | BNP Paribas Easy S&P 500 UCITS ETF Act. EUR HDG (this fund) | 0.14% | +3.8% | +59.2% | +49.7% | | BNP Paribas Easy S&P 500 UCITS ETF Class C USD | 0.14% | +11.6% | +63.8% | +74.9% | | BNP Paribas Easy S&P 500 UCITS ETF Class H USD | 0.14% | +11.6% | +63.8% | +74.9% | | BNP Paribas Easy SICAV - S&P 500 II -UCITS ETF- Distribution | 0.08% | +11.7% | — | — | | Global X ETFs ICAV-Global X S&P 500Covered Call UCITS ETF USD | 0.45% | +13.0% | +13.4% | — | | HSBC ETFs PLC - HSBC S&P 500 UCITS ETF Accum USD | 0.09% | +11.2% | — | — | | HSBC S&P 500 UCITS ETF USD | 0.09% | +11.2% | +64.7% | +75.1% | | Invesco S&P 500 UCITS ETF | 0.05% | +11.4% | +65.5% | +76.9% | | Invesco S&P 500 UCITS ETF Dist | 0.05% | +12.0% | +65.6% | +78.0% | | Invesco S&P 500 UCITS ETF EUR Hedged Acc | 0.05% | +4.1% | +60.4% | +50.8% | | Invesco S&P 500 UCITS ETF Hedged GBP | 0.05% | +11.9% | +76.9% | — | | iShares Core S&P 500 UCITS ETF | 0.07% | +11.3% | +64.8% | +75.4% | | iShares Core S&P 500 UCITS ETF GBP Hedged Dist | 0.10% | +11.8% | +75.7% | +65.0% | | iShares Core S&P 500 UCITS ETF MXN Hedged (Acc) | 0.12% | +12.3% | +75.7% | +143.1% | | iShares Core S&P 500 UCITS ETF USD (Dist) | 0.07% | +11.3% | +64.8% | +75.3% | | iShares S&P 500 CHF Hedged UCITS ETF (Acc) | 0.20% | +1.3% | +55.0% | +55.9% | | iShares S&P 500 EUR Hedged UCITS ETF (Acc) | 0.20% | +4.1% | +60.5% | +50.4% | | iShares S&P 500 GBP Hedged UCITS ETF (Acc) | 0.20% | +11.5% | +75.3% | +64.3% | | iShares S&P 500 Swap UCITS ETF AccumUSD | 0.05% | +11.4% | +65.6% | — | | iShares S&P 500 Swap UCITS ETF GBP Hedged (Dist) | 0.05% | +11.9% | — | — | | iShares S&P 500 Swap UCITS ETF USD | 0.05% | +11.4% | — | — | | Multi Units Luxembourg SICAV - Amundi Core S&P 500 Swap C-EUR | 0.05% | — | — | — | | Multi Units Luxembourg SICAV - Amundi Core S&P 500 Swap D USD | 0.05% | +11.4% | +65.5% | +76.7% | | Multi Units Luxembourg SICAV - Amundi Core S&P 500 Swap Daily Hedged D EUR | 0.07% | +4.2% | +61.1% | +51.7% | | Multi Units Luxembourg SICAV - Amundi Core S&P 500 Swap Daily Hedged to CHF D | 0.07% | +1.5% | +56.2% | +58.0% | | Multi Units Luxembourg SICAV - Amundi Core S&P 500 Swap Daily Hedged to GBP D | 0.05% | +12.0% | +77.1% | +67.3% | | State Street SPDR S&P 500 UCITS ETF Accum shs - USD | 0.03% | +11.0% | — | — | | State Street SPDR S&P 500 UCITS ETF USD | 0.03% | +11.0% | +64.5% | +74.8% | | UBS (Irl) Fund Solutions PLC- UBS S&P 500 SF UCITS ETF Accum Shs USD | 0.19% | +8.7% | +59.9% | +68.0% | | UBS Core S&P 500 UCITS ETF -A- Hedged GBP | 0.06% | +12.0% | +77.5% | +66.4% | | UBS Core S&P 500 UCITS ETF Accum -A- Hedged CHF | 0.06% | +1.3% | +55.4% | +56.1% | | UBS Core S&P 500 UCITS ETF Accum -A- Hedged EUR | 0.06% | +4.2% | +61.0% | +50.8% | | UBS Core S&P 500 UCITS ETF AccumUSD | — | +13.9% | — | — | | UBS Core S&P 500 UCITS ETF Class -A- USD | 0.03% | +11.3% | +64.8% | +75.2% | | Vanguard S&P 500 UCITS ETF | 0.07% | +11.3% | +64.7% | +75.3% | | Vanguard S&P 500 UCITS ETF Acc | 0.07% | +11.3% | +64.7% | +75.3% | | Xtrackers S&P 500 Swap II UCITS ETF -1D- USD | 0.04% | +13.7% | — | — | | Xtrackers S&P 500 Swap UCITS ETF | 0.20% | +11.7% | +75.8% | — | | Xtrackers S&P 500 SWAP UCITS ETF Capitalisation 1C | 0.15% | +11.3% | +65.1% | +76.2% | | Xtrackers S&P 500 Swap UCITS ETF Dist | 0.07% | +11.4% | — | — | | Xtrackers S&P 500 UCITS ETF | — | +11.3% | — | — | | Xtrackers S&P 500 UCITS ETF -4D- USD | 0.19% | +8.7% | — | — | | Xtrackers S&P 500 UCITS ETF Accum Shs -2C- Hedged GBP | 0.15% | +11.8% | +75.8% | +64.6% | | Xtrackers S&P 500 UCITS ETF EUR Hedged | 0.15% | +4.1% | +60.1% | +49.5% | Returns are as reported, in pounds, income reinvested unless marked "(price)". ## Charges & eligibility - Ongoing charges figure (OCF): **0.14%** per year (as of 13/11/2026) - Stocks and shares ISA eligible: usually (check with your platform) - SIPP eligible: usually (check with your provider) - ISA and SIPP mean the kind of product usually qualifies under HMRC rules. We do not check each platform’s list — each provider decides which funds it offers. Crypto ETNs have not qualified for a stocks and shares ISA since 06/04/2026, and overseas funds that are not UK-recognised UCITS, such as Swiss ETFs, do not usually qualify. ## What it holds 0XEL is a swap-based (synthetic) fund: it gets the return of the index it tracks through a swap. Its published holdings, as of 11/11/2026, are the substitute basket of securities the fund holds as collateral, not the companies in that index. ### Top holdings Largest positions (as of 11/11/2026), as a percentage of the whole fund: | # | Holding | Ticker | Weight | |---|---|---|---| | 1 | Siemens Energy | [ENR](https://fundology.uk/stock/ENR) | 5.04% | | 2 | BNP Paribas | [BNP](https://fundology.uk/stock/BNP) | 4.74% | | 3 | ASML | [ASML](https://fundology.uk/stock/ASML) | 4.46% | | 4 | BNPP E Overnight C | — | 3.52% | | 5 | Deutsche Boerse | [DB1](https://fundology.uk/stock/DB1) | 3.16% | | 6 | AXA | [CS](https://fundology.uk/stock/CS) | 3.15% | | 7 | Engie SA Loyalty Share 2028 | — | 3.14% | | 8 | Societe Generale | [GLE](https://fundology.uk/stock/GLE) | 2.73% | | 9 | Orange | [ORA](https://fundology.uk/stock/ORA) | 2.04% | | 10 | Intesa Sanpaolo | — | 1.90% | All 152 holdings: https://fundology.uk/fund/0xel/holdings ## Questions people ask **What is the ongoing charge of 0XEL?** The ongoing charge of 0XEL is 0.14% a year — about £14 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 BNP Paribas Easy S&P 500 UCITS ETF Act. EUR HDG 0.14% a year. Compared on 14/11/2026, 168 of the 254 other US share funds charge more, 3 the same and 83 less (share classes counted once). **What does 0XEL track?** 0XEL tracks the S&P 500 — about 500 of the largest companies listed in the US. **Is 0XEL accumulating or distributing?** 0XEL 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 0XEL?** The ISIN of 0XEL is FR0013041530. An ISIN identifies one exact share class of a fund; 0XEL is its ticker on the London Stock Exchange. The same share class is also listed as ESEH (Xetra, euros). **What does 0XEL hold?** 0XEL is a swap-based (synthetic) fund: it gets the return of the index it tracks through a swap. Its published holdings, as of 11/11/2026, are the substitute basket of securities the fund holds as collateral, not the companies in that index. **What were 0XEL’s returns in each of the last five years?** Calendar-year returns of 0XEL in pounds (price, with income reinvested in the fund): 2021 −6.5%, 2024 +18.3%, 2025 +20.1%; 2026 to 13/11/2026 +3.1%. Past performance is not a guide to future returns. **How has 0XEL done after inflation?** Over the five years to 13/11/2026 0XEL’s total return was +49.7%, or +16.9% after UK CPIH inflation. Past performance is not a guide to future returns. --- We show information. We are not financial advisers, not authorised by the FCA, and never recommend specific investments. Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.