EGV2.DE vs. ZPR1.DE
EGV2.DE (Amundi Smart Overnight Return UCITS ETF (Dist)) and ZPR1.DE (State Street SPDR Bloomberg 1-3 Month T-Bill UCITS ETF (Acc)) are both Money Market funds - EGV2.DE tracks the ESTR Compounded Index while ZPR1.DE tracks the Bloomberg US Treasury Bills 1-3 Month Index. Both are passively managed. Over the past 5 years, EGV2.DE returned 2.21%/yr vs 4.14%/yr for ZPR1.DE. At a correlation of -0.00, they often move in opposite directions. EGV2.DE charges 0.10%/yr vs 0.05%/yr for ZPR1.DE.
Performance
EGV2.DE vs. ZPR1.DE - Performance Comparison
Loading charts...
Different Trading Currencies
EGV2.DE is traded in EUR, while ZPR1.DE is traded in USD. To make them comparable, the ZPR1.DE values have been converted to EUR using the latest available exchange rates.
Returns By Period
In the year-to-date period, EGV2.DE achieves a 1.31% return, which is significantly lower than ZPR1.DE's 4.40% return.
EGV2.DE
- 1D
- 0.00%
- 1M
- 0.18%
- 6M
- 1.29%
- YTD
- 1.31%
- 1Y
- 2.33%
- 3Y*
- 3.22%
- 5Y*
- 2.21%
- 10Y*
- —
ZPR1.DE
- 1D
- -0.48%
- 1M
- 1.35%
- 6M
- 3.38%
- YTD
- 4.40%
- 1Y
- 5.05%
- 3Y*
- 3.89%
- 5Y*
- 4.14%
- 10Y*
- —
EGV2.DE vs. ZPR1.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
EGV2.DE Amundi Smart Overnight Return UCITS ETF (Dist) | 1.31% | 2.48% | 4.10% | 3.25% | 0.17% | -0.47% | -0.13% |
ZPR1.DE State Street SPDR Bloomberg 1-3 Month T-Bill UCITS ETF (Acc) | 4.40% | -7.65% | 11.56% | 1.86% | 7.26% | 8.54% | -3.95% |
Correlation
The correlation between EGV2.DE and ZPR1.DE is 0.05, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.05 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.01 |
Correlation (5Y) Calculated over the trailing 5-year period | -0.01 |
Correlation (All Time) Calculated using the full available price history since Sep 17, 2020 | -0.00 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
EGV2.DE vs. ZPR1.DE — Risk / Return Rank
EGV2.DE
ZPR1.DE
EGV2.DE vs. ZPR1.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Amundi Smart Overnight Return UCITS ETF (Dist) (EGV2.DE) and State Street SPDR Bloomberg 1-3 Month T-Bill UCITS ETF (Acc) (ZPR1.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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| EGV2.DE | ZPR1.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.29 | ||
| Sortino ratioReturn per unit of downside risk | +2.02 | ||
| Omega ratioGain probability vs. loss probability | 1.47 | 1.15 | +0.32 |
| Calmar ratioReturn relative to maximum drawdown | 7.55 | 1.31 | +6.24 |
| Martin ratioReturn relative to average drawdown | 32.06 | 3.34 | +28.72 |
Loading charts...
Drawdowns
EGV2.DE vs. ZPR1.DE - Drawdown Comparison
The maximum EGV2.DE drawdown since its inception was -0.86%, smaller than the maximum ZPR1.DE drawdown of -13.91%. Use the drawdown chart below to compare losses from any high point for EGV2.DE and ZPR1.DE.
Loading charts...
Drawdown Indicators
| EGV2.DE | ZPR1.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -0.86% | -13.91% | +13.05% |
Max Drawdown (1Y)Largest decline over 1 year | -0.31% | -3.85% | +3.54% |
Max Drawdown (3Y)Largest decline over 3 years | -0.31% | -11.52% | +11.21% |
Max Drawdown (5Y)Largest decline over 5 years | -0.46% | -11.73% | +11.27% |
Current DrawdownCurrent decline from peak | 0.00% | -5.26% | +5.26% |
Average DrawdownAverage peak-to-trough decline | -0.22% | -6.31% | +6.09% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.07% | 1.51% | -1.44% |
Volatility
EGV2.DE vs. ZPR1.DE - Volatility Comparison
The current volatility for Amundi Smart Overnight Return UCITS ETF (Dist) (EGV2.DE) is 0.41%, while State Street SPDR Bloomberg 1-3 Month T-Bill UCITS ETF (Acc) (ZPR1.DE) has a volatility of 1.66%. This indicates that EGV2.DE experiences smaller price fluctuations and is considered to be less risky than ZPR1.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| EGV2.DE | ZPR1.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.41% | 1.66% | -1.25% |
Volatility (6M)Calculated over the trailing 6-month period | 0.90% | 4.48% | -3.58% |
Volatility (1Y)Calculated over the trailing 1-year period | 1.11% | 6.20% | -5.09% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 0.73% | 7.57% | -6.84% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 0.68% | 7.56% | -6.88% |
EGV2.DE vs. ZPR1.DE - Expense Ratio Comparison
EGV2.DE has a 0.10% expense ratio, which is higher than ZPR1.DE's 0.05% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
EGV2.DE vs. ZPR1.DE - Dividend Comparison
EGV2.DE's dividend yield for the trailing twelve months is around 2.93%, while ZPR1.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
EGV2.DE Amundi Smart Overnight Return UCITS ETF (Dist) | 2.93% | 2.97% | 3.91% | 2.50% |
ZPR1.DE State Street SPDR Bloomberg 1-3 Month T-Bill UCITS ETF (Acc) | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
EGV2.DE and ZPR1.DE have a correlation of 0.05, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, ZPR1.DE is cheaper at 0.05% per year. The better choice depends on whether you care most about return, fees, risk, or income.
ZPR1.DE is cheaper with a 0.05% expense ratio, compared with 0.10% for EGV2.DE.
EGV2.DE tracks ESTR Compounded Index, while ZPR1.DE tracks Bloomberg US Treasury Bills 1-3 Month Index. They also come from different issuers: Amundi and State Street. Their fees differ too: 0.10% for EGV2.DE and 0.05% for ZPR1.DE.
Find the right allocation for EGV2.DE and ZPR1.DE
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer