SPYT.DE vs. ZPRX.DE
SPYT.DE (SPDR MSCI Europe Communication Services UCITS ETF) and ZPRX.DE (SPDR MSCI Europe Small Cap Value Weighted UCITS ETF) are both exchange-traded funds - SPYT.DE is a Communications Equities fund tracking the MSCI Europe Communication Services 20/35 Capped, while ZPRX.DE is a Europe Equities fund tracking the MSCI Europe Small Cap Value Weighted. Both are passively managed. Over the past 10 years, SPYT.DE returned 1.47%/yr vs 8.15%/yr for ZPRX.DE. A 0.64 correlation means they provide meaningful diversification when combined. SPYT.DE charges 0.18%/yr vs 0.30%/yr for ZPRX.DE.
Performance
SPYT.DE vs. ZPRX.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, SPYT.DE achieves a 3.11% return, which is significantly lower than ZPRX.DE's 7.81% return. Over the past 10 years, SPYT.DE has underperformed ZPRX.DE with an annualized return of 1.47%, while ZPRX.DE has yielded a comparatively higher 8.15% annualized return.
SPYT.DE
- 1D
- -0.08%
- 1M
- 1.71%
- YTD
- 3.11%
- 6M
- 4.73%
- 1Y
- -8.46%
- 3Y*
- 10.29%
- 5Y*
- 5.43%
- 10Y*
- 1.47%
ZPRX.DE
- 1D
- 0.33%
- 1M
- 1.27%
- YTD
- 7.81%
- 6M
- 10.93%
- 1Y
- 17.80%
- 3Y*
- 15.09%
- 5Y*
- 7.77%
- 10Y*
- 8.15%
SPYT.DE vs. ZPRX.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SPYT.DE SPDR MSCI Europe Communication Services UCITS ETF | 3.11% | 7.33% | 14.79% | 14.90% | -11.90% | 13.68% | -12.90% | 5.78% | -9.57% | 2.27% |
ZPRX.DE SPDR MSCI Europe Small Cap Value Weighted UCITS ETF | 7.81% | 26.81% | 4.28% | 15.28% | -13.52% | 27.58% | -3.52% | 29.02% | -19.20% | 12.89% |
Correlation
The correlation between SPYT.DE and ZPRX.DE is 0.36, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.36 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.47 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.58 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.61 |
Correlation (All Time) Calculated using the full available price history since Feb 20, 2015 | 0.64 |
Over the past year, the correlation between SPYT.DE and ZPRX.DE has dropped to 0.36 - well below their long-term average of 0.64, suggesting their price drivers have been diverging.
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
SPYT.DE vs. ZPRX.DE — Risk / Return Rank
SPYT.DE
ZPRX.DE
SPYT.DE vs. ZPRX.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR MSCI Europe Communication Services UCITS ETF (SPYT.DE) and SPDR MSCI Europe Small Cap Value Weighted UCITS ETF (ZPRX.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.
| SPYT.DE | ZPRX.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.81 | ||
| Sortino ratioReturn per unit of downside risk | -2.55 | ||
| Omega ratioGain probability vs. loss probability | 0.92 | 1.22 | -0.31 |
| Calmar ratioReturn relative to maximum drawdown | -0.52 | 1.47 | -1.98 |
| Martin ratioReturn relative to average drawdown | -0.97 | 5.42 | -6.39 |
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
| SPYT.DE | ZPRX.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.58 | 1.23 | -1.81 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.40 | 0.46 | -0.06 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.09 | 0.45 | -0.35 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.23 | 0.39 | -0.16 |
Drawdowns
SPYT.DE vs. ZPRX.DE - Drawdown Comparison
The maximum SPYT.DE drawdown since its inception was -49.63%, which is greater than ZPRX.DE's maximum drawdown of -43.93%. Use the drawdown chart below to compare losses from any high point for SPYT.DE and ZPRX.DE.
Loading charts...
Drawdown Indicators
| SPYT.DE | ZPRX.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -49.63% | -43.93% | -5.70% |
Max Drawdown (1Y)Largest decline over 1 year | -14.65% | -11.63% | -3.02% |
Max Drawdown (3Y)Largest decline over 3 years | -14.98% | -15.95% | +0.97% |
Max Drawdown (5Y)Largest decline over 5 years | -20.35% | -27.52% | +7.17% |
Max Drawdown (10Y)Largest decline over 10 years | -40.06% | -43.93% | +3.87% |
Current DrawdownCurrent decline from peak | -8.46% | -1.51% | -6.95% |
Average DrawdownAverage peak-to-trough decline | -18.83% | -7.71% | -11.12% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.65% | 3.16% | +4.49% |
Volatility
SPYT.DE vs. ZPRX.DE - Volatility Comparison
SPDR MSCI Europe Communication Services UCITS ETF (SPYT.DE) and SPDR MSCI Europe Small Cap Value Weighted UCITS ETF (ZPRX.DE) have volatilities of 4.21% and 4.17%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| SPYT.DE | ZPRX.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.21% | 4.17% | +0.04% |
Volatility (6M)Calculated over the trailing 6-month period | 10.43% | 11.30% | -0.87% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.45% | 13.94% | -0.49% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.48% | 16.69% | -3.21% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.67% | 18.14% | -2.47% |
SPYT.DE vs. ZPRX.DE - Expense Ratio Comparison
SPYT.DE has a 0.18% expense ratio, which is lower than ZPRX.DE's 0.30% expense ratio.
Dividends
SPYT.DE vs. ZPRX.DE - Dividend Comparison
Neither SPYT.DE nor ZPRX.DE has paid dividends to shareholders.
Frequently Asked Questions
SPYT.DE and ZPRX.DE have a correlation of 0.36, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, SPYT.DE is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.
SPYT.DE is cheaper with a 0.18% expense ratio, compared with 0.30% for ZPRX.DE.
SPYT.DE is categorized as Communications Equities, while ZPRX.DE is Europe Equities. SPYT.DE tracks MSCI Europe Communication Services 20/35 Capped, while ZPRX.DE tracks MSCI Europe Small Cap Value Weighted. Their fees differ too: 0.18% for SPYT.DE and 0.30% for ZPRX.DE.
Find the right allocation for SPYT.DE and ZPRX.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