SPYM.DE vs. ZPRG.DE
SPYM.DE (SPDR MSCI Emerging Markets UCITS ETF) and ZPRG.DE (SPDR S&P Global Dividend Aristocrats UCITS) are both exchange-traded funds - SPYM.DE is a Emerging Markets Equities fund tracking the MSCI Emerging Markets, while ZPRG.DE is a Global Equity Income fund tracking the S&P Global Dividend Aristocrats Quality Income Index. Both are passively managed. Over the past 10 years, SPYM.DE returned 10.32%/yr vs 6.86%/yr for ZPRG.DE. A 0.64 correlation means they provide meaningful diversification when combined. SPYM.DE charges 0.18%/yr vs 0.45%/yr for ZPRG.DE.
Performance
SPYM.DE vs. ZPRG.DE - Performance Comparison
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Returns By Period
In the year-to-date period, SPYM.DE achieves a 28.91% return, which is significantly higher than ZPRG.DE's 10.43% return. Over the past 10 years, SPYM.DE has outperformed ZPRG.DE with an annualized return of 10.32%, while ZPRG.DE has yielded a comparatively lower 6.86% annualized return.
SPYM.DE
- 1D
- 0.51%
- 1M
- 2.41%
- YTD
- 28.91%
- 6M
- 30.74%
- 1Y
- 48.17%
- 3Y*
- 22.17%
- 5Y*
- 8.34%
- 10Y*
- 10.32%
ZPRG.DE
- 1D
- 0.26%
- 1M
- 2.18%
- YTD
- 10.43%
- 6M
- 11.07%
- 1Y
- 19.09%
- 3Y*
- 13.52%
- 5Y*
- 7.17%
- 10Y*
- 6.86%
SPYM.DE vs. ZPRG.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SPYM.DE SPDR MSCI Emerging Markets UCITS ETF | 28.91% | 19.06% | 14.05% | 6.05% | -14.90% | 5.28% | 6.27% | 22.31% | -11.26% | 19.74% |
ZPRG.DE SPDR S&P Global Dividend Aristocrats UCITS | 10.43% | 5.03% | 13.19% | 3.49% | -1.05% | 25.02% | -17.50% | 23.66% | -5.29% | 4.22% |
Correlation
The correlation between SPYM.DE and ZPRG.DE is 0.34, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.34 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.45 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.47 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.57 |
Correlation (All Time) Calculated using the full available price history since May 16, 2013 | 0.64 |
Over the past year, the correlation between SPYM.DE and ZPRG.DE has dropped to 0.34 - well below their long-term average of 0.64, suggesting their price drivers have been diverging.
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Return for Risk
SPYM.DE vs. ZPRG.DE — Risk / Return Rank
SPYM.DE
ZPRG.DE
SPYM.DE vs. ZPRG.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 Global Dividend Aristocrats UCITS (ZPRG.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 | ZPRG.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.44 | ||
| Sortino ratioReturn per unit of downside risk | +0.32 | ||
| Omega ratioGain probability vs. loss probability | 1.45 | 1.35 | +0.10 |
| Calmar ratioReturn relative to maximum drawdown | 4.62 | 3.51 | +1.11 |
| Martin ratioReturn relative to average drawdown | 15.65 | 11.37 | +4.28 |
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Drawdowns
SPYM.DE vs. ZPRG.DE - Drawdown Comparison
The maximum SPYM.DE drawdown since its inception was -44.83%, which is greater than ZPRG.DE's maximum drawdown of -42.07%. Use the drawdown chart below to compare losses from any high point for SPYM.DE and ZPRG.DE.
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Drawdown Indicators
| SPYM.DE | ZPRG.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -44.83% | -42.07% | -2.76% |
Max Drawdown (1Y)Largest decline over 1 year | -10.38% | -5.42% | -4.96% |
Max Drawdown (3Y)Largest decline over 3 years | -18.95% | -17.07% | -1.88% |
Max Drawdown (5Y)Largest decline over 5 years | -23.86% | -18.48% | -5.38% |
Max Drawdown (10Y)Largest decline over 10 years | -31.69% | -42.07% | +10.38% |
Current DrawdownCurrent decline from peak | -4.14% | 0.00% | -4.14% |
Average DrawdownAverage peak-to-trough decline | -17.62% | -6.56% | -11.06% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.07% | 1.68% | +1.39% |
Volatility
SPYM.DE vs. ZPRG.DE - Volatility Comparison
SPDR MSCI Emerging Markets UCITS ETF (SPYM.DE) has a higher volatility of 8.92% compared to SPDR S&P Global Dividend Aristocrats UCITS (ZPRG.DE) at 2.20%. This indicates that SPYM.DE's price experiences larger fluctuations and is considered to be riskier than ZPRG.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 | ZPRG.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.92% | 2.20% | +6.72% |
Volatility (6M)Calculated over the trailing 6-month period | 17.12% | 6.70% | +10.42% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.43% | 9.40% | +10.03% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.17% | 12.40% | +4.77% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.51% | 14.88% | +3.63% |
SPYM.DE vs. ZPRG.DE - Expense Ratio Comparison
SPYM.DE has a 0.18% expense ratio, which is lower than ZPRG.DE's 0.45% expense ratio.
Dividends
SPYM.DE vs. ZPRG.DE - Dividend Comparison
SPYM.DE has not paid dividends to shareholders, while ZPRG.DE's dividend yield for the trailing twelve months is around 3.78%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SPYM.DE SPDR MSCI Emerging Markets 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% |
ZPRG.DE SPDR S&P Global Dividend Aristocrats UCITS | 3.78% | 4.25% | 3.73% | 4.22% | 4.49% | 3.58% | 3.98% | 3.44% | 3.95% | 3.36% | 3.62% | 3.80% |
Frequently Asked Questions
SPYM.DE and ZPRG.DE have a correlation of 0.34, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, SPYM.DE is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.
SPYM.DE is cheaper with a 0.18% expense ratio, compared with 0.45% for ZPRG.DE.
SPYM.DE is categorized as Emerging Markets Equities, while ZPRG.DE is Global Equity Income. SPYM.DE tracks MSCI Emerging Markets, while ZPRG.DE tracks S&P Global Dividend Aristocrats Quality Income Index. Their fees differ too: 0.18% for SPYM.DE and 0.45% for ZPRG.DE.
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