MVEE.DE vs. ZPRL.DE
MVEE.DE (iShares Edge MSCI Europe Minimum Volatility ESG UCITS ETF (Acc)) and ZPRL.DE (SPDR EURO STOXX Low Volatility UCITS ETF) are both Europe Equities funds - MVEE.DE tracks the MSCI Europe NR EUR while ZPRL.DE tracks the EURO STOXX® Low Risk Weighted 100. Both are passively managed. Over the past 5 years, MVEE.DE returned 6.16%/yr vs 7.05%/yr for ZPRL.DE. Their correlation of 0.90 suggests significant overlap in exposure. MVEE.DE charges 0.25%/yr vs 0.30%/yr for ZPRL.DE.
Performance
MVEE.DE vs. ZPRL.DE - Performance Comparison
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Returns By Period
In the year-to-date period, MVEE.DE achieves a 5.59% return, which is significantly higher than ZPRL.DE's 5.19% return.
MVEE.DE
- 1D
- 0.56%
- 1M
- 0.01%
- YTD
- 5.59%
- 6M
- 7.14%
- 1Y
- 5.59%
- 3Y*
- 8.72%
- 5Y*
- 6.16%
- 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%
MVEE.DE vs. ZPRL.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
MVEE.DE iShares Edge MSCI Europe Minimum Volatility ESG UCITS ETF (Acc) | 5.59% | 8.72% | 8.82% | 12.50% | -15.12% | 23.93% | 14.18% |
ZPRL.DE SPDR EURO STOXX Low Volatility UCITS ETF | 5.19% | 18.48% | 7.41% | 12.34% | -14.65% | 17.34% | 20.40% |
Correlation
The correlation between MVEE.DE and ZPRL.DE is 0.84, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.84 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.86 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.89 |
Correlation (All Time) Calculated using the full available price history since Apr 23, 2020 | 0.90 |
The correlation between MVEE.DE and ZPRL.DE has been stable across timeframes, ranging from 0.84 to 0.90 - a consistent structural relationship.
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Return for Risk
MVEE.DE vs. ZPRL.DE — Risk / Return Rank
MVEE.DE
ZPRL.DE
MVEE.DE vs. ZPRL.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Edge MSCI Europe Minimum Volatility ESG UCITS ETF (Acc) (MVEE.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.
| MVEE.DE | ZPRL.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.07 | ||
| Sortino ratioReturn per unit of downside risk | -0.06 | ||
| Omega ratioGain probability vs. loss probability | 1.10 | 1.11 | -0.01 |
| Calmar ratioReturn relative to maximum drawdown | 0.71 | 0.72 | -0.01 |
| Martin ratioReturn relative to average drawdown | 1.87 | 2.02 | -0.14 |
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
| MVEE.DE | ZPRL.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.55 | 0.62 | -0.07 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.50 | 0.59 | -0.08 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.48 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.71 | 0.53 | +0.18 |
Drawdowns
MVEE.DE vs. ZPRL.DE - Drawdown Comparison
The maximum MVEE.DE drawdown since its inception was -20.20%, smaller than the maximum ZPRL.DE drawdown of -35.35%. Use the drawdown chart below to compare losses from any high point for MVEE.DE and ZPRL.DE.
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Drawdown Indicators
| MVEE.DE | ZPRL.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -20.20% | -35.35% | +15.15% |
Max Drawdown (1Y)Largest decline over 1 year | -7.73% | -7.97% | +0.24% |
Max Drawdown (3Y)Largest decline over 3 years | -12.13% | -9.37% | -2.76% |
Max Drawdown (5Y)Largest decline over 5 years | -20.20% | -23.37% | +3.17% |
Max Drawdown (10Y)Largest decline over 10 years | — | -35.35% | — |
Current DrawdownCurrent decline from peak | -2.23% | -3.70% | +1.47% |
Average DrawdownAverage peak-to-trough decline | -4.57% | -5.39% | +0.82% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.92% | 2.84% | +0.08% |
Volatility
MVEE.DE vs. ZPRL.DE - Volatility Comparison
iShares Edge MSCI Europe Minimum Volatility ESG UCITS ETF (Acc) (MVEE.DE) has a higher volatility of 3.51% compared to SPDR EURO STOXX Low Volatility UCITS ETF (ZPRL.DE) at 2.90%. This indicates that MVEE.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.
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Volatility by Period
| MVEE.DE | ZPRL.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.51% | 2.90% | +0.61% |
Volatility (6M)Calculated over the trailing 6-month period | 8.16% | 7.65% | +0.51% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.01% | 9.22% | +0.79% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.11% | 11.89% | +0.22% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 12.45% | 13.60% | -1.15% |
MVEE.DE vs. ZPRL.DE - Expense Ratio Comparison
MVEE.DE has a 0.25% expense ratio, which is lower than ZPRL.DE's 0.30% expense ratio.
Dividends
MVEE.DE vs. ZPRL.DE - Dividend Comparison
Neither MVEE.DE nor ZPRL.DE has paid dividends to shareholders.
Frequently Asked Questions
MVEE.DE and ZPRL.DE have a correlation of 0.84, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, MVEE.DE is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.
MVEE.DE is cheaper with a 0.25% expense ratio, compared with 0.30% for ZPRL.DE.
MVEE.DE tracks MSCI Europe NR EUR, while ZPRL.DE tracks EURO STOXX® Low Risk Weighted 100. They also come from different issuers: iShares and State Street. Their fees differ too: 0.25% for MVEE.DE and 0.30% for ZPRL.DE.
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