LGWS.DE vs. ZPRL.DE

Last updated Jun 5, 2026

LGWS.DE (Lyxor MSCI EMU Value UCITS ETF Dist) and ZPRL.DE (SPDR EURO STOXX Low Volatility UCITS ETF) are both Europe Equities funds - LGWS.DE tracks the MSCI EMU Value while ZPRL.DE tracks the EURO STOXX® Low Risk Weighted 100. Both are passively managed. Over the past 5 years, LGWS.DE returned 12.16%/yr vs 7.05%/yr for ZPRL.DE. Their correlation of 0.82 suggests significant overlap in exposure. LGWS.DE charges 0.40%/yr vs 0.30%/yr for ZPRL.DE.

Performance

LGWS.DE vs. ZPRL.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Lyxor MSCI EMU Value UCITS ETF Dist (LGWS.DE) and SPDR EURO STOXX Low Volatility UCITS ETF (ZPRL.DE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, LGWS.DE achieves a 7.09% return, which is significantly higher than ZPRL.DE's 5.19% return.

LGWS.DE

• 1D: 0.43%
• 1M: 2.56%
• YTD: 7.09%
• 6M: 10.63%
• 1Y: 21.46%
• 3Y*: 18.49%
• 5Y*: 12.16%
• 10Y*: —

ZPRL.DE

• 1D: 0.22%
• 1M: -1.72%
• YTD: 5.19%
• 6M: 6.76%
• 1Y: 5.48%
• 3Y*: 11.19%
• 5Y*: 7.05%
• 10Y*: 6.55%

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

LGWS.DE vs. ZPRL.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
LGWS.DE Lyxor MSCI EMU Value UCITS ETF Dist	7.09%	37.06%	9.12%	14.07%	-5.04%	19.93%	-7.89%	19.62%	-14.49%	2.66%
ZPRL.DE SPDR EURO STOXX Low Volatility UCITS ETF	5.19%	18.48%	7.41%	12.34%	-14.65%	17.34%	-5.25%	22.05%	-8.17%	4.22%

Correlation

The correlation between LGWS.DE and ZPRL.DE is 0.77, 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	0.77
Correlation (3Y) Calculated over the trailing 3-year period	0.84
Correlation (5Y) Calculated over the trailing 5-year period	0.84
Correlation (All Time) Calculated using the full available price history since Sep 11, 2017	0.82

The correlation between LGWS.DE and ZPRL.DE has been stable across timeframes, ranging from 0.77 to 0.84 - a consistent structural relationship.

Return for Risk

LGWS.DE vs. ZPRL.DE — Risk / Return Rank

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

LGWS.DE

LGWS.DE Risk / Return Rank: 48
LGWS.DE Sharpe Ratio Rank: 48
LGWS.DE Sortino Ratio Rank: 47
LGWS.DE Omega Ratio Rank: 47
LGWS.DE Calmar Ratio Rank: 49
LGWS.DE Martin Ratio Rank: 50

ZPRL.DE

ZPRL.DE Risk / Return Rank: 19
ZPRL.DE Sharpe Ratio Rank: 20
ZPRL.DE Sortino Ratio Rank: 18
ZPRL.DE Omega Ratio Rank: 19
ZPRL.DE Calmar Ratio Rank: 18
ZPRL.DE Martin Ratio Rank: 19

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.

LGWS.DE vs. ZPRL.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Lyxor MSCI EMU Value UCITS ETF Dist (LGWS.DE) and SPDR EURO STOXX Low Volatility UCITS ETF (ZPRL.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.

	LGWS.DE	ZPRL.DE	Difference
Sharpe ratio: Return per unit of total volatility	1.64	0.62	+1.02
Sortino ratio: Return per unit of downside risk	2.29	0.89	+1.39
Omega ratio: Gain probability vs. loss probability	1.30	1.11	+0.18
Calmar ratio: Return relative to maximum drawdown	2.41	0.72	+1.69
Martin ratio: Return relative to average drawdown	8.24	2.02	+6.22
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

LGWS.DE vs. ZPRL.DE - Sharpe Ratio Comparison

The current LGWS.DE Sharpe Ratio is 1.64, which is higher than the ZPRL.DE Sharpe Ratio of 0.62. The chart below compares the historical Sharpe Ratios of LGWS.DE and ZPRL.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

	LGWS.DE	ZPRL.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.64	0.62	+1.02
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.77	0.59	+0.19
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.48	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.46	0.53	-0.07

Drawdowns

LGWS.DE vs. ZPRL.DE - Drawdown Comparison

The maximum LGWS.DE drawdown since its inception was -41.73%, which is greater than ZPRL.DE's maximum drawdown of -35.35%. Use the drawdown chart below to compare losses from any high point for LGWS.DE and ZPRL.DE.

Drawdown Indicators

	LGWS.DE	ZPRL.DE	Difference
Max Drawdown Largest peak-to-trough decline	-41.73%	-35.35%	-6.38%
Max Drawdown (1Y) Largest decline over 1 year	-8.88%	-7.97%	-0.91%
Max Drawdown (3Y) Largest decline over 3 years	-14.65%	-9.37%	-5.28%
Max Drawdown (5Y) Largest decline over 5 years	-22.84%	-23.37%	+0.53%
Max Drawdown (10Y) Largest decline over 10 years	—	-35.35%	—
Current Drawdown Current decline from peak	-1.49%	-3.70%	+2.21%
Average Drawdown Average peak-to-trough decline	-6.96%	-5.39%	-1.57%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.60%	2.84%	-0.24%

Volatility

LGWS.DE vs. ZPRL.DE - Volatility Comparison

Lyxor MSCI EMU Value UCITS ETF Dist (LGWS.DE) has a higher volatility of 3.59% compared to SPDR EURO STOXX Low Volatility UCITS ETF (ZPRL.DE) at 2.90%. This indicates that LGWS.DE's price experiences larger fluctuations and is considered to be riskier than ZPRL.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	LGWS.DE	ZPRL.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.59%	2.90%	+0.69%
Volatility (6M) Calculated over the trailing 6-month period	10.27%	7.65%	+2.62%
Volatility (1Y) Calculated over the trailing 1-year period	13.04%	9.22%	+3.82%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.55%	11.89%	+3.66%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.93%	13.60%	+4.33%

LGWS.DE vs. ZPRL.DE - Expense Ratio Comparison

LGWS.DE has a 0.40% expense ratio, which is higher than ZPRL.DE's 0.30% expense ratio.

Dividends

LGWS.DE vs. ZPRL.DE - Dividend Comparison

LGWS.DE's dividend yield for the trailing twelve months is around 3.07%, while ZPRL.DE has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
LGWS.DE Lyxor MSCI EMU Value UCITS ETF Dist	3.07%	3.29%	4.24%	0.00%	4.69%	2.83%	2.72%	4.37%	4.77%	0.38%
ZPRL.DE SPDR EURO STOXX Low Volatility UCITS ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both LGWS.DE and ZPRL.DE in my portfolio?

LGWS.DE and ZPRL.DE have a correlation of 0.77, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, LGWS.DE or ZPRL.DE?

On fees, ZPRL.DE is cheaper at 0.30% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, LGWS.DE or ZPRL.DE?

ZPRL.DE is cheaper with a 0.30% expense ratio, compared with 0.40% for LGWS.DE.

What is the main difference between LGWS.DE and ZPRL.DE?

LGWS.DE tracks MSCI EMU Value, while ZPRL.DE tracks EURO STOXX® Low Risk Weighted 100. They also come from different issuers: Amundi and State Street. Their fees differ too: 0.40% for LGWS.DE and 0.30% for ZPRL.DE.