XDER.L vs. ZPRI.DE
XDER.L (Xtrackers FTSE EPRA/NAREIT Developed Europe Real Estate UCITS ETF 1C) and ZPRI.DE (SPDR Morningstar Multi-Asset Global Infrastructure UCITS ETF) are both exchange-traded funds - XDER.L is a REIT fund tracking the FTSE EPRA Nareit Developed Europe TR EUR, while ZPRI.DE is a Diversified Portfolio fund tracking the Morningstar Global Multi-Asset Infrastructure. Both are passively managed. Over the past 10 years, XDER.L returned 0.79%/yr vs 5.93%/yr for ZPRI.DE. At a 0.33 correlation, their price movements are largely independent. XDER.L charges 0.33%/yr vs 0.40%/yr for ZPRI.DE.
Performance
XDER.L vs. ZPRI.DE - Performance Comparison
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Different Trading Currencies
XDER.L is traded in GBp, while ZPRI.DE is traded in EUR. To make them comparable, the ZPRI.DE values have been converted to GBp using the latest available exchange rates.
Returns By Period
In the year-to-date period, XDER.L achieves a -1.79% return, which is significantly lower than ZPRI.DE's 4.28% return. Over the past 10 years, XDER.L has underperformed ZPRI.DE with an annualized return of 0.79%, while ZPRI.DE has yielded a comparatively higher 5.93% annualized return.
XDER.L
- 1D
- 0.28%
- 1M
- -0.05%
- YTD
- -1.79%
- 6M
- -0.97%
- 1Y
- -0.33%
- 3Y*
- 6.56%
- 5Y*
- -4.50%
- 10Y*
- 0.79%
ZPRI.DE
- 1D
- -0.42%
- 1M
- -0.49%
- YTD
- 4.28%
- 6M
- 3.63%
- 1Y
- 11.81%
- 3Y*
- 6.30%
- 5Y*
- 3.70%
- 10Y*
- 5.93%
XDER.L vs. ZPRI.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
XDER.L Xtrackers FTSE EPRA/NAREIT Developed Europe Real Estate UCITS ETF 1C | -1.79% | 11.17% | -7.99% | 13.38% | -32.92% | 10.39% | -5.98% | 22.10% | -7.09% | 16.56% |
ZPRI.DE SPDR Morningstar Multi-Asset Global Infrastructure UCITS ETF | 4.28% | 7.23% | 4.12% | 1.48% | -2.83% | 6.27% | 3.64% | 14.57% | 3.00% | 2.88% |
Correlation
The correlation between XDER.L and ZPRI.DE is 0.23, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.23 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.28 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.26 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.31 |
Correlation (All Time) Calculated using the full available price history since Apr 16, 2015 | 0.33 |
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Return for Risk
XDER.L vs. ZPRI.DE — Risk / Return Rank
XDER.L
ZPRI.DE
XDER.L vs. ZPRI.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers FTSE EPRA/NAREIT Developed Europe Real Estate UCITS ETF 1C (XDER.L) and SPDR Morningstar Multi-Asset Global Infrastructure UCITS ETF (ZPRI.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.
| XDER.L | ZPRI.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.64 | ||
| Sortino ratioReturn per unit of downside risk | -2.26 | ||
| Omega ratioGain probability vs. loss probability | 1.01 | 1.29 | -0.28 |
| Calmar ratioReturn relative to maximum drawdown | -0.02 | 2.90 | -2.92 |
| Martin ratioReturn relative to average drawdown | -0.05 | 8.26 | -8.31 |
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
| XDER.L | ZPRI.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.02 | 1.62 | -1.64 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.21 | 0.36 | -0.57 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.04 | 0.52 | -0.48 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.31 | 0.49 | -0.18 |
Drawdowns
XDER.L vs. ZPRI.DE - Drawdown Comparison
The maximum XDER.L drawdown since its inception was -45.20%, which is greater than ZPRI.DE's maximum drawdown of -16.88%. Use the drawdown chart below to compare losses from any high point for XDER.L and ZPRI.DE.
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Drawdown Indicators
| XDER.L | ZPRI.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -45.20% | -16.88% | -28.32% |
Max Drawdown (1Y)Largest decline over 1 year | -16.58% | -4.06% | -12.52% |
Max Drawdown (3Y)Largest decline over 3 years | -19.16% | -8.94% | -10.22% |
Max Drawdown (5Y)Largest decline over 5 years | -45.20% | -12.18% | -33.02% |
Max Drawdown (10Y)Largest decline over 10 years | -45.20% | -16.88% | -28.32% |
Current DrawdownCurrent decline from peak | -27.03% | -2.59% | -24.44% |
Average DrawdownAverage peak-to-trough decline | -13.36% | -3.90% | -9.46% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.26% | 1.43% | +4.83% |
Volatility
XDER.L vs. ZPRI.DE - Volatility Comparison
Xtrackers FTSE EPRA/NAREIT Developed Europe Real Estate UCITS ETF 1C (XDER.L) has a higher volatility of 5.38% compared to SPDR Morningstar Multi-Asset Global Infrastructure UCITS ETF (ZPRI.DE) at 2.26%. This indicates that XDER.L's price experiences larger fluctuations and is considered to be riskier than ZPRI.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| XDER.L | ZPRI.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.38% | 2.26% | +3.12% |
Volatility (6M)Calculated over the trailing 6-month period | 13.22% | 5.87% | +7.35% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.53% | 7.26% | +8.27% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.06% | 10.14% | +10.92% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.77% | 11.27% | +7.50% |
XDER.L vs. ZPRI.DE - Expense Ratio Comparison
XDER.L has a 0.33% expense ratio, which is lower than ZPRI.DE's 0.40% expense ratio.
Dividends
XDER.L vs. ZPRI.DE - Dividend Comparison
XDER.L has not paid dividends to shareholders, while ZPRI.DE's dividend yield for the trailing twelve months is around 2.91%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
XDER.L Xtrackers FTSE EPRA/NAREIT Developed Europe Real Estate UCITS ETF 1C | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
ZPRI.DE SPDR Morningstar Multi-Asset Global Infrastructure UCITS ETF | 2.91% | 2.99% | 2.76% | 2.78% | 2.54% | 1.89% | 2.23% | 2.29% | 2.18% | 2.36% | 2.21% | 1.19% |
Frequently Asked Questions
XDER.L and ZPRI.DE have a correlation of 0.23, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XDER.L is cheaper at 0.33% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XDER.L is cheaper with a 0.33% expense ratio, compared with 0.40% for ZPRI.DE.
XDER.L is categorized as REIT, while ZPRI.DE is Diversified Portfolio. XDER.L tracks FTSE EPRA Nareit Developed Europe TR EUR, while ZPRI.DE tracks Morningstar Global Multi-Asset Infrastructure. They also come from different issuers: Xtrackers and State Street. Their fees differ too: 0.33% for XDER.L and 0.40% for ZPRI.DE.
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