SPYM.DE vs. ZPDH.DE
SPYM.DE (SPDR MSCI Emerging Markets UCITS ETF) and ZPDH.DE (SPDR S&P US Health Care Select Sector UCITS ETF) are both exchange-traded funds - SPYM.DE is a Emerging Markets Equities fund tracking the MSCI Emerging Markets, while ZPDH.DE is a Health & Biotech Equities fund tracking the S&P Health Care Select Sector. Both are passively managed. Over the past 10 years, SPYM.DE returned 8.80%/yr vs 9.06%/yr for ZPDH.DE. At a 0.39 correlation, their price movements are largely independent. SPYM.DE charges 0.18%/yr vs 0.15%/yr for ZPDH.DE.
Performance
SPYM.DE vs. ZPDH.DE - Performance Comparison
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Returns By Period
In the year-to-date period, SPYM.DE achieves a 23.48% return, which is significantly higher than ZPDH.DE's 5.62% return. Both investments have delivered pretty close results over the past 10 years, with SPYM.DE having a 8.80% annualized return and ZPDH.DE not far ahead at 9.06%.
SPYM.DE
- 1D
- -0.30%
- 1M
- -4.66%
- 6M
- 16.47%
- YTD
- 23.48%
- 1Y
- 39.56%
- 3Y*
- 19.85%
- 5Y*
- 7.83%
- 10Y*
- 8.80%
ZPDH.DE
- 1D
- 0.53%
- 1M
- 5.72%
- 6M
- 3.79%
- YTD
- 5.62%
- 1Y
- 23.11%
- 3Y*
- 7.37%
- 5Y*
- 6.39%
- 10Y*
- 9.06%
SPYM.DE vs. ZPDH.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SPYM.DE SPDR MSCI Emerging Markets UCITS ETF | 23.48% | 19.06% | 14.05% | 6.05% | -14.90% | 5.28% | 6.27% | 22.31% | -11.26% | 19.74% |
ZPDH.DE SPDR S&P US Health Care Select Sector UCITS ETF | 5.62% | 1.74% | 8.46% | -1.75% | 3.34% | 37.75% | 1.69% | 24.34% | 9.10% | 6.95% |
Correlation
The correlation between SPYM.DE and ZPDH.DE is -0.01, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.01 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.11 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.17 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.34 |
Correlation (All Time) Calculated using the full available price history since Jul 7, 2015 | 0.39 |
The correlation between SPYM.DE and ZPDH.DE shifts across timeframes, from -0.01 (1 year) to 0.39 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
SPYM.DE vs. ZPDH.DE — Risk / Return Rank
SPYM.DE
ZPDH.DE
SPYM.DE vs. ZPDH.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR MSCI Emerging Markets UCITS ETF (SPYM.DE) and SPDR S&P US Health Care Select Sector UCITS ETF (ZPDH.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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| SPYM.DE | ZPDH.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.43 | ||
| Sortino ratioReturn per unit of downside risk | +0.30 | ||
| Omega ratioGain probability vs. loss probability | 1.35 | 1.26 | +0.09 |
| Calmar ratioReturn relative to maximum drawdown | 3.79 | 2.13 | +1.66 |
| Martin ratioReturn relative to average drawdown | 11.48 | 5.27 | +6.21 |
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Drawdowns
SPYM.DE vs. ZPDH.DE - Drawdown Comparison
The maximum SPYM.DE drawdown since its inception was -44.83%, which is greater than ZPDH.DE's maximum drawdown of -26.63%. Use the drawdown chart below to compare losses from any high point for SPYM.DE and ZPDH.DE.
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Drawdown Indicators
| SPYM.DE | ZPDH.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -44.83% | -26.63% | -18.20% |
Max Drawdown (1Y)Largest decline over 1 year | -10.38% | -10.79% | +0.41% |
Max Drawdown (3Y)Largest decline over 3 years | -18.95% | -22.66% | +3.71% |
Max Drawdown (5Y)Largest decline over 5 years | -23.25% | -22.66% | -0.59% |
Max Drawdown (10Y)Largest decline over 10 years | -31.69% | -26.63% | -5.06% |
Current DrawdownCurrent decline from peak | -8.18% | -3.48% | -4.70% |
Average DrawdownAverage peak-to-trough decline | -17.58% | -6.99% | -10.59% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.44% | 4.37% | -0.93% |
Volatility
SPYM.DE vs. ZPDH.DE - Volatility Comparison
SPDR MSCI Emerging Markets UCITS ETF (SPYM.DE) has a higher volatility of 8.65% compared to SPDR S&P US Health Care Select Sector UCITS ETF (ZPDH.DE) at 5.55%. This indicates that SPYM.DE's price experiences larger fluctuations and is considered to be riskier than ZPDH.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SPYM.DE | ZPDH.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.65% | 5.55% | +3.10% |
Volatility (6M)Calculated over the trailing 6-month period | 17.80% | 11.02% | +6.78% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.31% | 15.28% | +5.03% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.32% | 14.63% | +2.69% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.53% | 16.71% | +1.82% |
SPYM.DE vs. ZPDH.DE - Expense Ratio Comparison
SPYM.DE has a 0.18% expense ratio, which is higher than ZPDH.DE's 0.15% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
SPYM.DE vs. ZPDH.DE - Dividend Comparison
Neither SPYM.DE nor ZPDH.DE has paid dividends to shareholders.
Frequently Asked Questions
SPYM.DE and ZPDH.DE have a correlation of -0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, ZPDH.DE is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.
ZPDH.DE is cheaper with a 0.15% expense ratio, compared with 0.18% for SPYM.DE.
SPYM.DE is categorized as Emerging Markets Equities, while ZPDH.DE is Health & Biotech Equities. SPYM.DE tracks MSCI Emerging Markets, while ZPDH.DE tracks S&P Health Care Select Sector. Their fees differ too: 0.18% for SPYM.DE and 0.15% for ZPDH.DE.
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