AGES.L vs. ZPDH.DE
AGES.L (iShares Ageing Population UCITS ETF) and ZPDH.DE (SPDR S&P US Health Care Select Sector UCITS ETF) are both exchange-traded funds - AGES.L is a Global Equities fund tracking the MSCI ACWI NR USD, while ZPDH.DE is a Health & Biotech Equities fund tracking the S&P Health Care Select Sector. Both are passively managed. Over the past 5 years, AGES.L returned 4.88%/yr vs 6.27%/yr for ZPDH.DE. A 0.61 correlation means they provide meaningful diversification when combined. AGES.L charges 0.40%/yr vs 0.15%/yr for ZPDH.DE.
Performance
AGES.L vs. ZPDH.DE - Performance Comparison
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Different Trading Currencies
AGES.L is traded in GBp, while ZPDH.DE is traded in EUR. To make them comparable, the ZPDH.DE values have been converted to GBp using the latest available exchange rates.
Returns By Period
In the year-to-date period, AGES.L achieves a 0.19% return, which is significantly higher than ZPDH.DE's -4.69% return.
AGES.L
- 1D
- -0.94%
- 1M
- -0.00%
- YTD
- 0.19%
- 6M
- 1.82%
- 1Y
- 17.26%
- 3Y*
- 10.51%
- 5Y*
- 4.88%
- 10Y*
- —
ZPDH.DE
- 1D
- 1.03%
- 1M
- 2.74%
- YTD
- -4.69%
- 6M
- -5.00%
- 1Y
- 13.42%
- 3Y*
- 3.18%
- 5Y*
- 6.27%
- 10Y*
- 9.73%
AGES.L vs. ZPDH.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
AGES.L iShares Ageing Population UCITS ETF | 0.19% | 18.29% | 9.75% | 2.81% | -3.90% | 5.94% | 9.34% | 15.79% | -8.27% | 11.22% |
ZPDH.DE SPDR S&P US Health Care Select Sector UCITS ETF | -4.69% | 7.02% | 3.73% | -3.70% | 8.97% | 28.05% | 7.43% | 17.90% | 10.61% | 11.55% |
Correlation
The correlation between AGES.L and ZPDH.DE is 0.52, 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 | 0.52 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.51 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.52 |
Correlation (All Time) Calculated using the full available price history since Sep 13, 2016 | 0.61 |
The correlation between AGES.L and ZPDH.DE shifts across timeframes, from 0.51 (3 years) to 0.61 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
AGES.L vs. ZPDH.DE — Risk / Return Rank
AGES.L
ZPDH.DE
AGES.L vs. ZPDH.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Ageing Population UCITS ETF (AGES.L) and SPDR S&P US Health Care Select Sector UCITS ETF (ZPDH.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.
| AGES.L | ZPDH.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.56 | ||
| Sortino ratioReturn per unit of downside risk | +0.68 | ||
| Omega ratioGain probability vs. loss probability | 1.26 | 1.16 | +0.10 |
| Calmar ratioReturn relative to maximum drawdown | 2.52 | 1.15 | +1.38 |
| Martin ratioReturn relative to average drawdown | 8.64 | 2.86 | +5.78 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| AGES.L | ZPDH.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.49 | 0.93 | +0.56 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.35 | 0.43 | -0.08 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.60 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.45 | 0.55 | -0.09 |
Drawdowns
AGES.L vs. ZPDH.DE - Drawdown Comparison
The maximum AGES.L drawdown since its inception was -31.02%, which is greater than ZPDH.DE's maximum drawdown of -19.43%. Use the drawdown chart below to compare losses from any high point for AGES.L and ZPDH.DE.
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Drawdown Indicators
| AGES.L | ZPDH.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -31.02% | -19.43% | -11.59% |
Max Drawdown (1Y)Largest decline over 1 year | -6.81% | -11.67% | +4.86% |
Max Drawdown (3Y)Largest decline over 3 years | -17.04% | -19.43% | +2.39% |
Max Drawdown (5Y)Largest decline over 5 years | -19.15% | -19.43% | +0.28% |
Max Drawdown (10Y)Largest decline over 10 years | — | -19.43% | — |
Current DrawdownCurrent decline from peak | -2.97% | -7.93% | +4.96% |
Average DrawdownAverage peak-to-trough decline | -4.90% | -4.75% | -0.15% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.99% | 4.68% | -2.69% |
Volatility
AGES.L vs. ZPDH.DE - Volatility Comparison
The current volatility for iShares Ageing Population UCITS ETF (AGES.L) is 2.73%, while SPDR S&P US Health Care Select Sector UCITS ETF (ZPDH.DE) has a volatility of 4.58%. This indicates that AGES.L experiences smaller price fluctuations and is considered to be less risky than ZPDH.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AGES.L | ZPDH.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.73% | 4.58% | -1.85% |
Volatility (6M)Calculated over the trailing 6-month period | 8.92% | 10.01% | -1.09% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.53% | 14.37% | -2.84% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.11% | 14.47% | -0.36% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.49% | 16.06% | -0.57% |
AGES.L vs. ZPDH.DE - Expense Ratio Comparison
AGES.L has a 0.40% expense ratio, which is higher than ZPDH.DE's 0.15% expense ratio.
Dividends
AGES.L vs. ZPDH.DE - Dividend Comparison
Neither AGES.L nor ZPDH.DE has paid dividends to shareholders.
Frequently Asked Questions
AGES.L and ZPDH.DE have a correlation of 0.52, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, ZPDH.DE is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.
ZPDH.DE is cheaper with a 0.15% expense ratio, compared with 0.40% for AGES.L.
AGES.L is categorized as Global Equities, while ZPDH.DE is Health & Biotech Equities. AGES.L tracks MSCI ACWI NR USD, while ZPDH.DE tracks S&P Health Care Select Sector. They also come from different issuers: iShares and State Street. Their fees differ too: 0.40% for AGES.L and 0.15% for ZPDH.DE.
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