SPYG.DE vs. ZPRV.DE
SPYG.DE (SPDR S&P UK Dividend Aristocrats UCITS ETF (Dist)) and ZPRV.DE (SPDR MSCI USA Small Cap Value Weighted UCITS ETF) are both exchange-traded funds - SPYG.DE is a Europe Equities fund tracking the S&P UK High Yield Dividend Aristocrats, while ZPRV.DE is a Small Cap Value Equities fund tracking the MSCI USA Small Cap Value Weighted Index. Both are passively managed. Over the past 10 years, SPYG.DE returned 3.61%/yr vs 11.63%/yr for ZPRV.DE. A 0.54 correlation means they provide meaningful diversification when combined. Both charge a 0.30% expense ratio.
Performance
SPYG.DE vs. ZPRV.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, SPYG.DE achieves a 5.85% return, which is significantly lower than ZPRV.DE's 14.58% return. Over the past 10 years, SPYG.DE has underperformed ZPRV.DE with an annualized return of 3.61%, while ZPRV.DE has yielded a comparatively higher 11.63% annualized return.
SPYG.DE
- 1D
- 1.41%
- 1M
- 0.66%
- YTD
- 5.85%
- 6M
- 8.49%
- 1Y
- 11.94%
- 3Y*
- 11.53%
- 5Y*
- 6.76%
- 10Y*
- 3.61%
ZPRV.DE
- 1D
- 0.77%
- 1M
- 1.69%
- YTD
- 14.58%
- 6M
- 14.04%
- 1Y
- 34.68%
- 3Y*
- 16.57%
- 5Y*
- 10.67%
- 10Y*
- 11.63%
SPYG.DE vs. ZPRV.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SPYG.DE SPDR S&P UK Dividend Aristocrats UCITS ETF (Dist) | 5.85% | 12.61% | 14.64% | 8.08% | -13.77% | 20.96% | -20.77% | 41.80% | -15.19% | -0.54% |
ZPRV.DE SPDR MSCI USA Small Cap Value Weighted UCITS ETF | 14.58% | 2.99% | 14.07% | 19.11% | -5.31% | 48.07% | -1.85% | 27.41% | -11.78% | -3.75% |
Correlation
The correlation between SPYG.DE and ZPRV.DE is 0.58, 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 | 0.58 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.58 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.61 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.57 |
Correlation (All Time) Calculated using the full available price history since Feb 23, 2015 | 0.54 |
The correlation between SPYG.DE and ZPRV.DE has been stable across timeframes, ranging from 0.54 to 0.61 - 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
SPYG.DE vs. ZPRV.DE — Risk / Return Rank
SPYG.DE
ZPRV.DE
SPYG.DE vs. ZPRV.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR S&P UK Dividend Aristocrats UCITS ETF (Dist) (SPYG.DE) and SPDR MSCI USA Small Cap Value Weighted UCITS ETF (ZPRV.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.
| SPYG.DE | ZPRV.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.22 | ||
| Sortino ratioReturn per unit of downside risk | -1.56 | ||
| Omega ratioGain probability vs. loss probability | 1.17 | 1.38 | -0.21 |
| Calmar ratioReturn relative to maximum drawdown | 1.42 | 5.84 | -4.42 |
| Martin ratioReturn relative to average drawdown | 4.53 | 17.49 | -12.95 |
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
| SPYG.DE | ZPRV.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.95 | 2.17 | -1.22 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.44 | 0.52 | -0.08 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.20 | 0.53 | -0.33 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.28 | 0.47 | -0.19 |
Drawdowns
SPYG.DE vs. ZPRV.DE - Drawdown Comparison
The maximum SPYG.DE drawdown since its inception was -44.67%, roughly equal to the maximum ZPRV.DE drawdown of -46.04%. Use the drawdown chart below to compare losses from any high point for SPYG.DE and ZPRV.DE.
Loading charts...
Drawdown Indicators
| SPYG.DE | ZPRV.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -44.67% | -46.04% | +1.37% |
Max Drawdown (1Y)Largest decline over 1 year | -8.78% | -5.87% | -2.91% |
Max Drawdown (3Y)Largest decline over 3 years | -16.46% | -31.14% | +14.68% |
Max Drawdown (5Y)Largest decline over 5 years | -21.83% | -31.14% | +9.31% |
Max Drawdown (10Y)Largest decline over 10 years | -44.67% | -46.04% | +1.37% |
Current DrawdownCurrent decline from peak | -1.89% | 0.00% | -1.89% |
Average DrawdownAverage peak-to-trough decline | -11.38% | -8.34% | -3.04% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.75% | 1.96% | +0.79% |
Volatility
SPYG.DE vs. ZPRV.DE - Volatility Comparison
SPDR S&P UK Dividend Aristocrats UCITS ETF (Dist) (SPYG.DE) has a higher volatility of 4.98% compared to SPDR MSCI USA Small Cap Value Weighted UCITS ETF (ZPRV.DE) at 3.39%. This indicates that SPYG.DE's price experiences larger fluctuations and is considered to be riskier than ZPRV.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| SPYG.DE | ZPRV.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.98% | 3.39% | +1.59% |
Volatility (6M)Calculated over the trailing 6-month period | 10.50% | 9.42% | +1.08% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.11% | 15.78% | -2.67% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.15% | 20.38% | -5.23% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.94% | 22.56% | -4.62% |
SPYG.DE vs. ZPRV.DE - Expense Ratio Comparison
Both SPYG.DE and ZPRV.DE have an expense ratio of 0.30%.
Dividends
SPYG.DE vs. ZPRV.DE - Dividend Comparison
SPYG.DE's dividend yield for the trailing twelve months is around 3.44%, while ZPRV.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SPYG.DE SPDR S&P UK Dividend Aristocrats UCITS ETF (Dist) | 3.44% | 3.68% | 3.39% | 3.66% | 4.67% | 3.53% | 3.12% | 3.92% | 7.36% | 3.83% | 4.39% | 4.04% |
ZPRV.DE SPDR MSCI USA Small Cap Value Weighted UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
SPYG.DE and ZPRV.DE have a correlation of 0.58, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 0.30% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
SPYG.DE and ZPRV.DE have the same expense ratio: 0.30% per year.
SPYG.DE is categorized as Europe Equities, while ZPRV.DE is Small Cap Value Equities. SPYG.DE tracks S&P UK High Yield Dividend Aristocrats, while ZPRV.DE tracks MSCI USA Small Cap Value Weighted Index.
Find the right allocation for SPYG.DE and ZPRV.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