XESP.DE vs. ZPRD.DE
XESP.DE (Xtrackers Spanish Equity UCITS ETF) and ZPRD.DE (SPDR FTSE UK All Share UCITS ETF) are both Europe Equities funds - XESP.DE tracks the Solactive Spain 40 while ZPRD.DE tracks the FTSE All-Share. Both are passively managed. Over the past 5 years, XESP.DE returned 18.91%/yr vs 10.23%/yr for ZPRD.DE. A 0.73 correlation means they provide meaningful diversification when combined. XESP.DE charges 0.30%/yr vs 0.20%/yr for ZPRD.DE.
Performance
XESP.DE vs. ZPRD.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, XESP.DE achieves a 7.33% return, which is significantly higher than ZPRD.DE's 5.97% return.
XESP.DE
- 1D
- 0.58%
- 1M
- 3.73%
- YTD
- 7.33%
- 6M
- 11.53%
- 1Y
- 35.86%
- 3Y*
- 29.44%
- 5Y*
- 18.91%
- 10Y*
- —
ZPRD.DE
- 1D
- 0.37%
- 1M
- 2.17%
- YTD
- 5.97%
- 6M
- 8.29%
- 1Y
- 20.39%
- 3Y*
- 14.10%
- 5Y*
- 10.23%
- 10Y*
- —
XESP.DE vs. ZPRD.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
XESP.DE Xtrackers Spanish Equity UCITS ETF | 7.33% | 58.64% | 14.65% | 26.79% | -1.62% | 10.88% | -10.20% | 15.86% | -12.53% |
ZPRD.DE SPDR FTSE UK All Share UCITS ETF | 5.97% | 23.92% | 8.36% | 8.17% | -0.15% | 15.48% | -8.93% | 22.45% | -7.86% |
Correlation
The correlation between XESP.DE and ZPRD.DE is 0.66, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.66 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.65 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.72 |
Correlation (All Time) Calculated using the full available price history since Apr 30, 2018 | 0.73 |
The correlation between XESP.DE and ZPRD.DE has been stable across timeframes, ranging from 0.65 to 0.73 - a consistent structural relationship.
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
XESP.DE vs. ZPRD.DE — Risk / Return Rank
XESP.DE
ZPRD.DE
XESP.DE vs. ZPRD.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers Spanish Equity UCITS ETF (XESP.DE) and SPDR FTSE UK All Share UCITS ETF (ZPRD.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.
| XESP.DE | ZPRD.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.24 | ||
| Sortino ratioReturn per unit of downside risk | +0.23 | ||
| Omega ratioGain probability vs. loss probability | 1.38 | 1.34 | +0.03 |
| Calmar ratioReturn relative to maximum drawdown | 3.51 | 2.30 | +1.21 |
| Martin ratioReturn relative to average drawdown | 12.31 | 7.88 | +4.43 |
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
| XESP.DE | ZPRD.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.12 | 1.87 | +0.24 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.12 | 0.80 | +0.32 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.55 | 0.50 | +0.05 |
Drawdowns
XESP.DE vs. ZPRD.DE - Drawdown Comparison
The maximum XESP.DE drawdown since its inception was -39.02%, which is greater than ZPRD.DE's maximum drawdown of -35.32%. Use the drawdown chart below to compare losses from any high point for XESP.DE and ZPRD.DE.
Loading charts...
Drawdown Indicators
| XESP.DE | ZPRD.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -39.02% | -35.32% | -3.70% |
Max Drawdown (1Y)Largest decline over 1 year | -10.17% | -8.84% | -1.33% |
Max Drawdown (3Y)Largest decline over 3 years | -12.93% | -13.17% | +0.24% |
Max Drawdown (5Y)Largest decline over 5 years | -18.59% | -13.17% | -5.42% |
Current DrawdownCurrent decline from peak | -0.54% | -3.58% | +3.04% |
Average DrawdownAverage peak-to-trough decline | -7.37% | -4.72% | -2.65% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.91% | 2.58% | +0.33% |
Volatility
XESP.DE vs. ZPRD.DE - Volatility Comparison
Xtrackers Spanish Equity UCITS ETF (XESP.DE) has a higher volatility of 4.48% compared to SPDR FTSE UK All Share UCITS ETF (ZPRD.DE) at 3.64%. This indicates that XESP.DE's price experiences larger fluctuations and is considered to be riskier than ZPRD.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| XESP.DE | ZPRD.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.48% | 3.64% | +0.84% |
Volatility (6M)Calculated over the trailing 6-month period | 14.04% | 9.41% | +4.63% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.86% | 10.83% | +6.03% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.68% | 12.67% | +4.01% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.78% | 15.23% | +3.55% |
XESP.DE vs. ZPRD.DE - Expense Ratio Comparison
XESP.DE has a 0.30% expense ratio, which is higher than ZPRD.DE's 0.20% expense ratio.
Dividends
XESP.DE vs. ZPRD.DE - Dividend Comparison
XESP.DE has not paid dividends to shareholders, while ZPRD.DE's dividend yield for the trailing twelve months is around 2.69%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
XESP.DE Xtrackers Spanish Equity UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
ZPRD.DE SPDR FTSE UK All Share UCITS ETF | 2.69% | 2.95% | 3.76% | 3.34% | 3.42% | 3.25% | 2.97% | 5.37% | 3.66% |
Frequently Asked Questions
XESP.DE and ZPRD.DE have a correlation of 0.66, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, ZPRD.DE is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.
ZPRD.DE is cheaper with a 0.20% expense ratio, compared with 0.30% for XESP.DE.
XESP.DE tracks Solactive Spain 40, while ZPRD.DE tracks FTSE All-Share. They also come from different issuers: Xtrackers and State Street. Their fees differ too: 0.30% for XESP.DE and 0.20% for ZPRD.DE.
Find the right allocation for XESP.DE and ZPRD.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