IU5C.DE vs. ZPDK.DE

Last updated Jun 5, 2026

IU5C.DE (iShares S&P 500 Communication Sector UCITS ETF USD (Acc)) and ZPDK.DE (SPDR S&P U.S. Communication Services Select Sector UCITS ETF) are both Communications Equities funds - IU5C.DE tracks the S&P 500 Capped 35/20 Communication Services while ZPDK.DE tracks the S&P Communication Services Select Sector Daily Capped 25/20. Both are passively managed. Over the past 5 years, IU5C.DE returned 12.43%/yr vs 11.35%/yr for ZPDK.DE. With a 0.98 correlation, they move nearly in lockstep. Both charge a 0.15% expense ratio.

Performance

IU5C.DE vs. ZPDK.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in iShares S&P 500 Communication Sector UCITS ETF USD (Acc) (IU5C.DE) and SPDR S&P U.S. Communication Services Select Sector UCITS ETF (ZPDK.DE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, IU5C.DE achieves a 3.08% return, which is significantly lower than ZPDK.DE's 3.41% return.

IU5C.DE

• 1D: 1.39%
• 1M: -2.99%
• YTD: 3.08%
• 6M: 0.70%
• 1Y: 17.66%
• 3Y*: 23.65%
• 5Y*: 12.43%
• 10Y*: —

ZPDK.DE

• 1D: 1.45%
• 1M: -3.17%
• YTD: 3.41%
• 6M: 1.07%
• 1Y: 17.62%
• 3Y*: 22.06%
• 5Y*: 11.35%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

IU5C.DE vs. ZPDK.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
IU5C.DE iShares S&P 500 Communication Sector UCITS ETF USD (Acc)	3.08%	12.25%	46.75%	50.73%	-37.12%	31.78%	11.48%	35.88%	-11.68%
ZPDK.DE SPDR S&P U.S. Communication Services Select Sector UCITS ETF	3.41%	13.23%	39.09%	48.24%	-33.43%	26.14%	15.70%	33.80%	-13.76%

Correlation

The correlation between IU5C.DE and ZPDK.DE is 1.00 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	1.00
Correlation (3Y) Calculated over the trailing 3-year period	0.97
Correlation (5Y) Calculated over the trailing 5-year period	0.98
Correlation (All Time) Calculated using the full available price history since Sep 28, 2018	0.98

The correlation between IU5C.DE and ZPDK.DE has been stable across timeframes, ranging from 0.97 to 1.00 - a consistent structural relationship.

Return for Risk

IU5C.DE vs. ZPDK.DE — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

IU5C.DE

IU5C.DE Risk / Return Rank: 42
IU5C.DE Sharpe Ratio Rank: 39
IU5C.DE Sortino Ratio Rank: 40
IU5C.DE Omega Ratio Rank: 35
IU5C.DE Calmar Ratio Rank: 48
IU5C.DE Martin Ratio Rank: 48

ZPDK.DE

ZPDK.DE Risk / Return Rank: 41
ZPDK.DE Sharpe Ratio Rank: 38
ZPDK.DE Sortino Ratio Rank: 40
ZPDK.DE Omega Ratio Rank: 35
ZPDK.DE Calmar Ratio Rank: 46
ZPDK.DE Martin Ratio Rank: 48

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

IU5C.DE vs. ZPDK.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares S&P 500 Communication Sector UCITS ETF USD (Acc) (IU5C.DE) and SPDR S&P U.S. Communication Services Select Sector UCITS ETF (ZPDK.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.

	IU5C.DE	ZPDK.DE	Difference
Sharpe ratio: Return per unit of total volatility	1.35	1.34	+0.01
Sortino ratio: Return per unit of downside risk	2.02	2.00	+0.01
Omega ratio: Gain probability vs. loss probability	1.23	1.23	0.00
Calmar ratio: Return relative to maximum drawdown	2.32	2.25	+0.06
Martin ratio: Return relative to average drawdown	7.89	7.91	-0.02
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

IU5C.DE vs. ZPDK.DE - Sharpe Ratio Comparison

The current IU5C.DE Sharpe Ratio is 1.35, which is comparable to the ZPDK.DE Sharpe Ratio of 1.34. The chart below compares the historical Sharpe Ratios of IU5C.DE and ZPDK.DE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	IU5C.DE	ZPDK.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.35	1.34	+0.01
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.64	0.60	+0.03
Sharpe Ratio (All Time) Calculated using the full available price history	0.73	0.68	+0.04

Drawdowns

IU5C.DE vs. ZPDK.DE - Drawdown Comparison

The maximum IU5C.DE drawdown since its inception was -39.23%, which is greater than ZPDK.DE's maximum drawdown of -36.98%. Use the drawdown chart below to compare losses from any high point for IU5C.DE and ZPDK.DE.

Drawdown Indicators

	IU5C.DE	ZPDK.DE	Difference
Max Drawdown Largest peak-to-trough decline	-39.23%	-36.98%	-2.25%
Max Drawdown (1Y) Largest decline over 1 year	-8.06%	-8.30%	+0.24%
Max Drawdown (3Y) Largest decline over 3 years	-23.61%	-21.88%	-1.73%
Max Drawdown (5Y) Largest decline over 5 years	-39.23%	-36.98%	-2.25%
Current Drawdown Current decline from peak	-4.21%	-4.21%	0.00%
Average Drawdown Average peak-to-trough decline	-8.63%	-7.91%	-0.72%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.37%	2.37%	0.00%

Volatility

IU5C.DE vs. ZPDK.DE - Volatility Comparison

iShares S&P 500 Communication Sector UCITS ETF USD (Acc) (IU5C.DE) and SPDR S&P U.S. Communication Services Select Sector UCITS ETF (ZPDK.DE) have volatilities of 4.12% and 4.24%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IU5C.DE	ZPDK.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.12%	4.24%	-0.12%
Volatility (6M) Calculated over the trailing 6-month period	9.51%	9.60%	-0.09%
Volatility (1Y) Calculated over the trailing 1-year period	13.87%	13.93%	-0.06%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.30%	18.59%	+0.71%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.91%	19.48%	+0.43%

IU5C.DE vs. ZPDK.DE - Expense Ratio Comparison

Both IU5C.DE and ZPDK.DE have an expense ratio of 0.15%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.

Dividends

IU5C.DE vs. ZPDK.DE - Dividend Comparison

Neither IU5C.DE nor ZPDK.DE has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both IU5C.DE and ZPDK.DE in my portfolio?

With a correlation of 1.00, IU5C.DE and ZPDK.DE move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which ETF is better, IU5C.DE or ZPDK.DE?

Both ETFs have the same 0.15% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, IU5C.DE or ZPDK.DE?

IU5C.DE and ZPDK.DE have the same expense ratio: 0.15% per year.

What is the main difference between IU5C.DE and ZPDK.DE?

IU5C.DE tracks S&P 500 Capped 35/20 Communication Services, while ZPDK.DE tracks S&P Communication Services Select Sector Daily Capped 25/20. They also come from different issuers: iShares and State Street.