SYBK.DE vs. ZPRX.DE
SYBK.DE (SPDR Bloomberg SASB U.S. High Yield Corporate ESG UCITS ETF USD Unhedged (Dist)) and ZPRX.DE (SPDR MSCI Europe Small Cap Value Weighted UCITS ETF) are both exchange-traded funds - SYBK.DE is a High Yield Bonds fund tracking the Bloomberg SASB US Corporate High Yield ESG Ex-Controversies Select, 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, SYBK.DE returned 4.73%/yr vs 8.15%/yr for ZPRX.DE. At a 0.25 correlation, their price movements are largely independent. Both charge a 0.30% expense ratio.
Performance
SYBK.DE vs. ZPRX.DE - Performance Comparison
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Returns By Period
In the year-to-date period, SYBK.DE achieves a 2.75% return, which is significantly lower than ZPRX.DE's 7.81% return. Over the past 10 years, SYBK.DE has underperformed ZPRX.DE with an annualized return of 4.73%, while ZPRX.DE has yielded a comparatively higher 8.15% annualized return.
SYBK.DE
- 1D
- 0.05%
- 1M
- 1.49%
- YTD
- 2.75%
- 6M
- 1.90%
- 1Y
- 4.67%
- 3Y*
- 6.03%
- 5Y*
- 5.13%
- 10Y*
- 4.73%
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%
SYBK.DE vs. ZPRX.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SYBK.DE SPDR Bloomberg SASB U.S. High Yield Corporate ESG UCITS ETF USD Unhedged (Dist) | 2.75% | -4.18% | 15.91% | 8.73% | -5.33% | 13.84% | -4.47% | 12.57% | 4.33% | -7.71% |
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 SYBK.DE and ZPRX.DE is 0.02, 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 | 0.02 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.06 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.09 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.20 |
Correlation (All Time) Calculated using the full available price history since Feb 20, 2015 | 0.25 |
Over the past year, the correlation between SYBK.DE and ZPRX.DE has dropped to 0.02 - well below their long-term average of 0.25, suggesting their price drivers have been diverging.
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Return for Risk
SYBK.DE vs. ZPRX.DE — Risk / Return Rank
SYBK.DE
ZPRX.DE
SYBK.DE vs. ZPRX.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR Bloomberg SASB U.S. High Yield Corporate ESG UCITS ETF USD Unhedged (Dist) (SYBK.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.
| SYBK.DE | ZPRX.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.46 | ||
| Sortino ratioReturn per unit of downside risk | -0.69 | ||
| Omega ratioGain probability vs. loss probability | 1.14 | 1.22 | -0.09 |
| Calmar ratioReturn relative to maximum drawdown | 1.45 | 1.47 | -0.02 |
| Martin ratioReturn relative to average drawdown | 3.91 | 5.42 | -1.51 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| SYBK.DE | ZPRX.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.77 | 1.23 | -0.46 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.61 | 0.46 | +0.15 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.56 | 0.45 | +0.11 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.61 | 0.39 | +0.22 |
Drawdowns
SYBK.DE vs. ZPRX.DE - Drawdown Comparison
The maximum SYBK.DE drawdown since its inception was -19.71%, smaller than the maximum ZPRX.DE drawdown of -43.93%. Use the drawdown chart below to compare losses from any high point for SYBK.DE and ZPRX.DE.
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Drawdown Indicators
| SYBK.DE | ZPRX.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -19.71% | -43.93% | +24.22% |
Max Drawdown (1Y)Largest decline over 1 year | -3.17% | -11.63% | +8.46% |
Max Drawdown (3Y)Largest decline over 3 years | -12.84% | -15.95% | +3.11% |
Max Drawdown (5Y)Largest decline over 5 years | -12.84% | -27.52% | +14.68% |
Max Drawdown (10Y)Largest decline over 10 years | -19.71% | -43.93% | +24.22% |
Current DrawdownCurrent decline from peak | -4.42% | -1.51% | -2.91% |
Average DrawdownAverage peak-to-trough decline | -4.26% | -7.71% | +3.45% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.17% | 3.16% | -1.99% |
Volatility
SYBK.DE vs. ZPRX.DE - Volatility Comparison
The current volatility for SPDR Bloomberg SASB U.S. High Yield Corporate ESG UCITS ETF USD Unhedged (Dist) (SYBK.DE) is 1.31%, while SPDR MSCI Europe Small Cap Value Weighted UCITS ETF (ZPRX.DE) has a volatility of 4.17%. This indicates that SYBK.DE experiences smaller price fluctuations and is considered to be less risky than ZPRX.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SYBK.DE | ZPRX.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.31% | 4.17% | -2.86% |
Volatility (6M)Calculated over the trailing 6-month period | 4.11% | 11.30% | -7.19% |
Volatility (1Y)Calculated over the trailing 1-year period | 5.95% | 13.94% | -7.99% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 8.26% | 16.69% | -8.43% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 8.44% | 18.14% | -9.70% |
SYBK.DE vs. ZPRX.DE - Expense Ratio Comparison
Both SYBK.DE and ZPRX.DE have an expense ratio of 0.30%.
Dividends
SYBK.DE vs. ZPRX.DE - Dividend Comparison
SYBK.DE's dividend yield for the trailing twelve months is around 7.17%, while ZPRX.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SYBK.DE SPDR Bloomberg SASB U.S. High Yield Corporate ESG UCITS ETF USD Unhedged (Dist) | 7.17% | 7.68% | 6.96% | 6.73% | 5.79% | 5.11% | 6.01% | 5.54% | 5.04% | 6.51% | 5.30% | 5.35% |
ZPRX.DE SPDR MSCI Europe Small Cap Value Weighted 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% |
Frequently Asked Questions
SYBK.DE and ZPRX.DE have a correlation of 0.02, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 0.30% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
SYBK.DE and ZPRX.DE have the same expense ratio: 0.30% per year.
SYBK.DE is categorized as High Yield Bonds, while ZPRX.DE is Europe Equities. SYBK.DE tracks Bloomberg SASB US Corporate High Yield ESG Ex-Controversies Select, while ZPRX.DE tracks MSCI Europe Small Cap Value Weighted.
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