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VLED
LU1481201025
Passive ETFEquityESG

VLED ETF · BNP Paribas Easy Low Vol Europe UCITS ETF

The VLED Exchange Traded Fund (ETF) is provided by BNP Paribas Asset Management. It is built to track an index: BNP Paribas Low Vol Europe Index. This ETF provides synthetic exposure, by owning its shares you earn the return of the index indirectly through the use of derivatives or a swap (i.e. a contract with a financial institution which delivers the return of the index). This share class generates a stream of income by distributing dividends.
Share class
Dist
EUR
Last update Yesterday at 7:00 AM UTC
LIVE
CLOSED
This fund is part ofEurope Blended Cap1M perf.-6.79%
Last price
€162.90
1M perf.
-5.60%
1M flows
N/A
AuM
€5.6M
E/R
0.31%
Rating
ESG Consensus®
esg grade icon
VLED
€162.90

Performance & flows

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January 2, 2026 → April 1, 2026
0-6-4-20246810%FEBMARAPRFEBMARAPR
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VLED
€163.02
+2.29%
Europe Blended Cap
+0.05%

Historic performance and flows

1M3M1Y3Y5YMTDQTDYTD
Perf.
-5.60%
icon
+2.29%
icon
+7.74%
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+31.79%
icon
+52.33%
icon
+2.38%
+2.38%
+2.30%
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Flows

Key fund info

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Main characteristics
ISIN
LU1481201025
AuM
€5.6M
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E/R
0.31%
icon
Replication rating
icon
ESG Consensus®
esg grade icon
More details
NAV
4/1/2026
€163.05
1D NAV change
+2.38%
Dividend policy
Replication method
Indirect
Replication model
Unfunded swap
No. of holdings
N/A
Inception date
12/5/2016
Jurisdiction
Luxembourg
Distribution
Germany
Sweden
Luxembourg
Switzerland
Denmark
Legal structure
SICAV
Base currency
EUR
Dividend distribution
Trailing 12-month distr. yield
Distribution frequency
Last distribution
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Classification
Product type
Benchmark
BNP Paribas Low Vol Europe Index
Asset class
Factors
N/A
Share class info
EUR distributing 
Total AuM of fund
€66M
Decimalisation of shares
No
Investment strategy
The Product seeks to replicate (with a maximum tracking error* of 1%) the performance of the BNP Paribas Low Vol Europe (NTR) index (Bloomberg: BNPIFELE index) (the Index) by investing in shares issued by companies included in the index, respecting the Index's weightings (full replication), or by investing in a substitute basket, composed of, inter alia, shares of companies, debt securities or cash (synthetic replication).
Tax optimisation
PEA
France
UK Reporting Status
United Kingdom
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Risk profile

Segment for quartile rank

Historical risk/return profile

3M1Y3Y5Y
Returns
+2.29%
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+7.74%
icon
+31.79%
icon
+52.33%
icon
Volatility
Perf./Volatility
Max drawdown
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Synthetic Risk and Reward Indicator (SRRI)
UCITS
1
2
3
4
5
6
7
PRIIPS
1
2
3
4
5
6
7
More exposure metrics are available, exclusively in Trackinsight Enterprise

Exposure

The VLED ETF provides synthetic exposure. It uses derivatives to replicate the index's performance, so we do not display its exposure breakdown.

To find out more about VLED's exposure, please refer to the as provided by BNP Paribas Asset Management.

More risk metrics are available, exclusively in Trackinsight Enterprise

Sustainability

Integrates ESG criteria
Yes
SDG
More sustainability metrics are available, exclusively in Trackinsight Enterprise

Replication

Trackinsight replication rating:
Replication quality
Calculated over 12m, as of March 31, 2026
Tracking error
Tracking difference
Replication information
Index
BNP Paribas Low Vol Europe NTR index - EUR
Index ticker
BNPIFELE Index
Index dividend policy
NTR
Replication method
Replication model
More replication analysis are available, exclusively in Trackinsight Enterprise

Issuer

BNP Paribas Asset Management
BNP Paribas Asset Management ID Card
Number of funds
170
Total AuM
€43.53B
Expense ratio range
0.04% - 0.41%
Average expense ratio
0.1881%

Frequently asked questions about VLED

What does BNP Paribas Easy Low Vol Europe UCITS ETF, VLED, invest in?

VLED is a Passive ETF. This ETF provides exposure to Other European Equities.

Which benchmark or index does VLED replicate?

VLED tracks the BNP Paribas Low Vol Europe NTR index - EUR, through a unfunded swap replication method.

What is the Total Expense ratio (TER) of VLED?

VLED carries a total expense ratio (TER) of 0.31%, indicating the annual cost for holding the fund.

When was VLED launched?

VLED was introduced to the market on December 5, 2016. It trades on Germany, among other exchanges

Who is the ETF issuer of VLED?

BNP Paribas Easy Low Vol Europe UCITS ETF, VLED, is provided by BNP Paribas Asset Management. Learn more about BNP Paribas Asset Management here.

Does VLED have multiple share classes?

Yes, VLED is available in multiple share classes, which may differ by distribution policy (e.g., accumulating vs. distributing), currency or hedging. Explore the different share classes .

What is the current assets under management (AUM) of VLED?

VLED oversees €5.6M in assets as of April 1, 2026.

How has VLED performed lately?

Based on data from April 1, 2026, VLED returned -5.60% over the past month, 2.29% over the last three months and 2.30% year-to-date.

Does VLED distribute dividends?

VLED follows a distributing dividend policy, meaning it pays out income to investors. As of April 1, 2026, its 12-month trailing yield was 2.88%.

What is the base currency of VLED?

The base currency of VLED is EUR.

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