IUS7.DE vs. ZPR5.DE
IUS7.DE (iShares J.P. Morgan USD Emerging Markets Bond UCITS ETF (Dist)) and ZPR5.DE (SPDR ICE BofA 0-5 Year EM USD Government Bond UCITS ETF) are both Emerging Markets Bonds funds - IUS7.DE tracks the JP Morgan EMBI Global Core while ZPR5.DE tracks the ICE BofA Emerging Markets USD Government Bond 0-5 ex-144a. Both are passively managed. Over the past 10 years, IUS7.DE returned 3.08%/yr vs 2.25%/yr for ZPR5.DE. A 0.75 correlation means they provide meaningful diversification when combined. IUS7.DE charges 0.45%/yr vs 0.42%/yr for ZPR5.DE.
Performance
IUS7.DE vs. ZPR5.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, IUS7.DE achieves a 2.97% return, which is significantly higher than ZPR5.DE's 2.14% return. Over the past 10 years, IUS7.DE has outperformed ZPR5.DE with an annualized return of 3.08%, while ZPR5.DE has yielded a comparatively lower 2.25% annualized return.
IUS7.DE
- 1D
- 0.14%
- 1M
- 1.36%
- YTD
- 2.97%
- 6M
- 2.33%
- 1Y
- 9.74%
- 3Y*
- 6.75%
- 5Y*
- 2.86%
- 10Y*
- 3.08%
ZPR5.DE
- 1D
- -0.10%
- 1M
- 1.03%
- YTD
- 2.14%
- 6M
- 1.53%
- 1Y
- 3.84%
- 3Y*
- 3.25%
- 5Y*
- 3.18%
- 10Y*
- 2.25%
IUS7.DE vs. ZPR5.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IUS7.DE iShares J.P. Morgan USD Emerging Markets Bond UCITS ETF (Dist) | 2.97% | 1.14% | 11.74% | 6.77% | -13.16% | 5.75% | -4.03% | 18.79% | -1.16% | -3.39% |
ZPR5.DE SPDR ICE BofA 0-5 Year EM USD Government Bond UCITS ETF | 2.14% | -4.12% | 11.04% | 2.52% | -1.06% | 7.98% | -6.72% | 8.14% | 4.71% | -8.80% |
Correlation
The correlation between IUS7.DE and ZPR5.DE is 0.74, 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 | 0.74 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.69 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.68 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.71 |
Correlation (All Time) Calculated using the full available price history since Nov 17, 2014 | 0.75 |
The correlation between IUS7.DE and ZPR5.DE has been stable across timeframes, ranging from 0.68 to 0.75 - a consistent structural relationship.
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
IUS7.DE vs. ZPR5.DE — Risk / Return Rank
IUS7.DE
ZPR5.DE
IUS7.DE vs. ZPR5.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares J.P. Morgan USD Emerging Markets Bond UCITS ETF (Dist) (IUS7.DE) and SPDR ICE BofA 0-5 Year EM USD Government Bond UCITS ETF (ZPR5.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.
| IUS7.DE | ZPR5.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.90 | ||
| Sortino ratioReturn per unit of downside risk | +1.35 | ||
| Omega ratioGain probability vs. loss probability | 1.29 | 1.11 | +0.17 |
| Calmar ratioReturn relative to maximum drawdown | 3.00 | 1.11 | +1.90 |
| Martin ratioReturn relative to average drawdown | 9.17 | 2.73 | +6.45 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| IUS7.DE | ZPR5.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.55 | 0.65 | +0.90 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.33 | 0.45 | -0.12 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.28 | 0.31 | -0.03 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.61 | 0.39 | +0.22 |
Drawdowns
IUS7.DE vs. ZPR5.DE - Drawdown Comparison
The maximum IUS7.DE drawdown since its inception was -27.13%, which is greater than ZPR5.DE's maximum drawdown of -14.48%. Use the drawdown chart below to compare losses from any high point for IUS7.DE and ZPR5.DE.
Loading charts...
Drawdown Indicators
| IUS7.DE | ZPR5.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -27.13% | -14.48% | -12.65% |
Max Drawdown (1Y)Largest decline over 1 year | -3.09% | -3.21% | +0.12% |
Max Drawdown (3Y)Largest decline over 3 years | -12.95% | -9.72% | -3.23% |
Max Drawdown (5Y)Largest decline over 5 years | -15.90% | -9.92% | -5.98% |
Max Drawdown (10Y)Largest decline over 10 years | -27.13% | -14.48% | -12.65% |
Current DrawdownCurrent decline from peak | 0.00% | -4.28% | +4.28% |
Average DrawdownAverage peak-to-trough decline | -6.48% | -4.88% | -1.60% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.01% | 1.30% | -0.29% |
Volatility
IUS7.DE vs. ZPR5.DE - Volatility Comparison
iShares J.P. Morgan USD Emerging Markets Bond UCITS ETF (Dist) (IUS7.DE) has a higher volatility of 1.24% compared to SPDR ICE BofA 0-5 Year EM USD Government Bond UCITS ETF (ZPR5.DE) at 0.96%. This indicates that IUS7.DE's price experiences larger fluctuations and is considered to be riskier than ZPR5.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| IUS7.DE | ZPR5.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.24% | 0.96% | +0.28% |
Volatility (6M)Calculated over the trailing 6-month period | 4.03% | 3.56% | +0.47% |
Volatility (1Y)Calculated over the trailing 1-year period | 5.97% | 5.43% | +0.54% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 8.56% | 7.04% | +1.52% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 11.02% | 7.20% | +3.82% |
IUS7.DE vs. ZPR5.DE - Expense Ratio Comparison
IUS7.DE has a 0.45% expense ratio, which is higher than ZPR5.DE's 0.42% expense ratio.
Dividends
IUS7.DE vs. ZPR5.DE - Dividend Comparison
IUS7.DE's dividend yield for the trailing twelve months is around 5.80%, more than ZPR5.DE's 4.83% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IUS7.DE iShares J.P. Morgan USD Emerging Markets Bond UCITS ETF (Dist) | 5.80% | 6.10% | 5.62% | 5.77% | 5.63% | 3.80% | 4.17% | 4.72% | 4.70% | 5.11% | 5.29% | 4.71% |
ZPR5.DE SPDR ICE BofA 0-5 Year EM USD Government Bond UCITS ETF | 4.83% | 5.10% | 4.16% | 3.16% | 2.54% | 2.63% | 3.53% | 3.34% | 2.73% | 3.18% | 2.72% | 1.83% |
Frequently Asked Questions
IUS7.DE and ZPR5.DE have a correlation of 0.74, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, ZPR5.DE is cheaper at 0.42% per year. The better choice depends on whether you care most about return, fees, risk, or income.
ZPR5.DE is cheaper with a 0.42% expense ratio, compared with 0.45% for IUS7.DE.
IUS7.DE tracks JP Morgan EMBI Global Core, while ZPR5.DE tracks ICE BofA Emerging Markets USD Government Bond 0-5 ex-144a. They also come from different issuers: iShares and State Street. Their fees differ too: 0.45% for IUS7.DE and 0.42% for ZPR5.DE.
Find the right allocation for IUS7.DE and ZPR5.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