SPYY.DE vs. ZPDH.DE
SPYY.DE (State Street SPDR MSCI All Country World UCITS ETF (Acc)) and ZPDH.DE (SPDR S&P US Health Care Select Sector UCITS ETF) are both exchange-traded funds - SPYY.DE is a Global Equities fund tracking the MSCI ACWI Index, 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, SPYY.DE returned 12.50%/yr vs 9.67%/yr for ZPDH.DE. A 0.66 correlation means they provide meaningful diversification when combined. SPYY.DE charges 0.12%/yr vs 0.15%/yr for ZPDH.DE.
Performance
SPYY.DE vs. ZPDH.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, SPYY.DE achieves a 14.10% return, which is significantly higher than ZPDH.DE's 8.20% return. Over the past 10 years, SPYY.DE has outperformed ZPDH.DE with an annualized return of 12.50%, while ZPDH.DE has yielded a comparatively lower 9.67% annualized return.
SPYY.DE
- 1D
- 0.62%
- 1M
- 1.16%
- 6M
- 14.08%
- YTD
- 14.10%
- 1Y
- 26.77%
- 3Y*
- 17.95%
- 5Y*
- 11.80%
- 10Y*
- 12.50%
ZPDH.DE
- 1D
- 0.00%
- 1M
- 12.54%
- 6M
- 8.71%
- YTD
- 8.20%
- 1Y
- 25.45%
- 3Y*
- 7.08%
- 5Y*
- 7.15%
- 10Y*
- 9.67%
SPYY.DE vs. ZPDH.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SPYY.DE State Street SPDR MSCI All Country World UCITS ETF (Acc) | 14.10% | 9.46% | 24.56% | 18.22% | -13.76% | 29.02% | 5.12% | 30.21% | -6.02% | 8.80% |
ZPDH.DE SPDR S&P US Health Care Select Sector UCITS ETF | 8.20% | 1.74% | 8.46% | -1.75% | 3.34% | 37.75% | 1.69% | 24.34% | 9.10% | 6.95% |
Correlation
The correlation between SPYY.DE and ZPDH.DE is 0.20, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.20 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.38 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.49 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.63 |
Correlation (All Time) Calculated using the full available price history since Jul 7, 2015 | 0.66 |
Over the past year, the correlation between SPYY.DE and ZPDH.DE has dropped to 0.20 - well below their long-term average of 0.66, 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
SPYY.DE vs. ZPDH.DE — Risk / Return Rank
SPYY.DE
ZPDH.DE
SPYY.DE vs. ZPDH.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for State Street SPDR MSCI All Country World UCITS ETF (Acc) (SPYY.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.
| SPYY.DE | ZPDH.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.60 | ||
| Sortino ratioReturn per unit of downside risk | +0.64 | ||
| Omega ratioGain probability vs. loss probability | 1.42 | 1.29 | +0.13 |
| Calmar ratioReturn relative to maximum drawdown | 4.10 | 2.35 | +1.76 |
| Martin ratioReturn relative to average drawdown | 16.31 | 5.79 | +10.51 |
Loading charts...
Drawdowns
SPYY.DE vs. ZPDH.DE - Drawdown Comparison
The maximum SPYY.DE drawdown since its inception was -40.72%, 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 SPYY.DE and ZPDH.DE.
Loading charts...
Drawdown Indicators
| SPYY.DE | ZPDH.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -40.72% | -26.63% | -14.09% |
Max Drawdown (1Y)Largest decline over 1 year | -6.49% | -10.79% | +4.30% |
Max Drawdown (3Y)Largest decline over 3 years | -21.27% | -22.66% | +1.39% |
Max Drawdown (5Y)Largest decline over 5 years | -21.27% | -22.66% | +1.39% |
Max Drawdown (10Y)Largest decline over 10 years | -33.49% | -26.63% | -6.86% |
Current DrawdownCurrent decline from peak | -0.09% | 0.00% | -0.09% |
Average DrawdownAverage peak-to-trough decline | -8.45% | -7.00% | -1.45% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.64% | 4.38% | -2.74% |
Volatility
SPYY.DE vs. ZPDH.DE - Volatility Comparison
The current volatility for State Street SPDR MSCI All Country World UCITS ETF (Acc) (SPYY.DE) is 3.65%, while SPDR S&P US Health Care Select Sector UCITS ETF (ZPDH.DE) has a volatility of 4.86%. This indicates that SPYY.DE experiences smaller price fluctuations and is considered to be less risky than ZPDH.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| SPYY.DE | ZPDH.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.65% | 4.86% | -1.21% |
Volatility (6M)Calculated over the trailing 6-month period | 8.62% | 10.99% | -2.37% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.77% | 15.15% | -3.38% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.95% | 14.56% | -0.61% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.93% | 16.67% | -0.74% |
SPYY.DE vs. ZPDH.DE - Expense Ratio Comparison
SPYY.DE has a 0.12% expense ratio, which is lower than ZPDH.DE's 0.15% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
SPYY.DE vs. ZPDH.DE - Dividend Comparison
Neither SPYY.DE nor ZPDH.DE has paid dividends to shareholders.
Frequently Asked Questions
SPYY.DE and ZPDH.DE have a correlation of 0.20, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, SPYY.DE is cheaper at 0.12% per year. The better choice depends on whether you care most about return, fees, risk, or income.
SPYY.DE is cheaper with a 0.12% expense ratio, compared with 0.15% for ZPDH.DE.
SPYY.DE is categorized as Global Equities, while ZPDH.DE is Health & Biotech Equities. SPYY.DE tracks MSCI ACWI Index, while ZPDH.DE tracks S&P Health Care Select Sector. Their fees differ too: 0.12% for SPYY.DE and 0.15% for ZPDH.DE.
Find the right allocation for SPYY.DE and ZPDH.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