SPYZ.DE vs. ZPRV.DE
SPYZ.DE (SPDR MSCI Europe Financials UCITS ETF) and ZPRV.DE (SPDR MSCI USA Small Cap Value Weighted UCITS ETF) are both exchange-traded funds - SPYZ.DE is a Financials Equities fund tracking the MSCI Europe Financials 20/35 Capped, 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, SPYZ.DE returned 12.24%/yr vs 11.63%/yr for ZPRV.DE. A 0.56 correlation means they provide meaningful diversification when combined. SPYZ.DE charges 0.18%/yr vs 0.30%/yr for ZPRV.DE.
Performance
SPYZ.DE vs. ZPRV.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, SPYZ.DE achieves a 3.30% return, which is significantly lower than ZPRV.DE's 14.58% return. Both investments have delivered pretty close results over the past 10 years, with SPYZ.DE having a 12.24% annualized return and ZPRV.DE not far behind at 11.63%.
SPYZ.DE
- 1D
- 0.55%
- 1M
- 3.48%
- YTD
- 3.30%
- 6M
- 9.90%
- 1Y
- 22.41%
- 3Y*
- 28.74%
- 5Y*
- 19.38%
- 10Y*
- 12.24%
ZPRV.DE
- 1D
- 0.77%
- 1M
- 2.26%
- YTD
- 14.58%
- 6M
- 14.63%
- 1Y
- 34.42%
- 3Y*
- 16.57%
- 5Y*
- 10.67%
- 10Y*
- 11.63%
SPYZ.DE vs. ZPRV.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SPYZ.DE SPDR MSCI Europe Financials UCITS ETF | 3.30% | 48.26% | 25.23% | 21.51% | -2.51% | 28.19% | -15.32% | 24.02% | -19.59% | 12.30% |
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 SPYZ.DE and ZPRV.DE is 0.46, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.46 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.51 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.59 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.60 |
Correlation (All Time) Calculated using the full available price history since Feb 23, 2015 | 0.56 |
The correlation between SPYZ.DE and ZPRV.DE shifts across timeframes, from 0.46 (1 year) to 0.60 (10 years), reflecting how their relationship changes across market environments.
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
SPYZ.DE vs. ZPRV.DE — Risk / Return Rank
SPYZ.DE
ZPRV.DE
SPYZ.DE vs. ZPRV.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR MSCI Europe Financials UCITS ETF (SPYZ.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.
| SPYZ.DE | ZPRV.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.91 | ||
| Sortino ratioReturn per unit of downside risk | -1.14 | ||
| Omega ratioGain probability vs. loss probability | 1.22 | 1.38 | -0.16 |
| Calmar ratioReturn relative to maximum drawdown | 1.82 | 5.84 | -4.02 |
| Martin ratioReturn relative to average drawdown | 6.13 | 17.49 | -11.36 |
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
| SPYZ.DE | ZPRV.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.26 | 2.17 | -0.91 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.02 | 0.52 | +0.50 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.57 | 0.53 | +0.04 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.47 | 0.47 | 0.00 |
Drawdowns
SPYZ.DE vs. ZPRV.DE - Drawdown Comparison
The maximum SPYZ.DE drawdown since its inception was -45.16%, roughly equal to the maximum ZPRV.DE drawdown of -46.04%. Use the drawdown chart below to compare losses from any high point for SPYZ.DE and ZPRV.DE.
Loading charts...
Drawdown Indicators
| SPYZ.DE | ZPRV.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -45.16% | -46.04% | +0.88% |
Max Drawdown (1Y)Largest decline over 1 year | -12.28% | -5.87% | -6.41% |
Max Drawdown (3Y)Largest decline over 3 years | -16.91% | -31.14% | +14.23% |
Max Drawdown (5Y)Largest decline over 5 years | -23.17% | -31.14% | +7.97% |
Max Drawdown (10Y)Largest decline over 10 years | -45.16% | -46.04% | +0.88% |
Current DrawdownCurrent decline from peak | -2.74% | 0.00% | -2.74% |
Average DrawdownAverage peak-to-trough decline | -9.57% | -8.34% | -1.23% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.65% | 1.96% | +1.69% |
Volatility
SPYZ.DE vs. ZPRV.DE - Volatility Comparison
SPDR MSCI Europe Financials UCITS ETF (SPYZ.DE) has a higher volatility of 5.19% compared to SPDR MSCI USA Small Cap Value Weighted UCITS ETF (ZPRV.DE) at 3.39%. This indicates that SPYZ.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
| SPYZ.DE | ZPRV.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.19% | 3.39% | +1.80% |
Volatility (6M)Calculated over the trailing 6-month period | 14.37% | 9.42% | +4.95% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.69% | 15.78% | +1.91% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.75% | 20.38% | -1.63% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.28% | 22.56% | -1.28% |
SPYZ.DE vs. ZPRV.DE - Expense Ratio Comparison
SPYZ.DE has a 0.18% expense ratio, which is lower than ZPRV.DE's 0.30% expense ratio.
Dividends
SPYZ.DE vs. ZPRV.DE - Dividend Comparison
Neither SPYZ.DE nor ZPRV.DE has paid dividends to shareholders.
Frequently Asked Questions
SPYZ.DE and ZPRV.DE have a correlation of 0.46, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, SPYZ.DE is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.
SPYZ.DE is cheaper with a 0.18% expense ratio, compared with 0.30% for ZPRV.DE.
SPYZ.DE is categorized as Financials Equities, while ZPRV.DE is Small Cap Value Equities. SPYZ.DE tracks MSCI Europe Financials 20/35 Capped, while ZPRV.DE tracks MSCI USA Small Cap Value Weighted Index. Their fees differ too: 0.18% for SPYZ.DE and 0.30% for ZPRV.DE.
Find the right allocation for SPYZ.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