ZPA5.DE vs. 2B7B.DE
ZPA5.DE (Amundi S&P 500 Climate Net Zero Ambition PAB UCITS ETF Acc) and 2B7B.DE (iShares V PLC - iShares S&P 500 Materials Sector UCITS ETF) are both exchange-traded funds - ZPA5.DE is a S&P 500 fund tracking the S&P 500 Net Zero 2050 Paris-Aligned ESG+, while 2B7B.DE is a Materials fund tracking the S&P 500 Capped 35/20 Materials Sector Index. Both are passively managed. Over the past 5 years, ZPA5.DE returned 13.96%/yr vs 5.89%/yr for 2B7B.DE. A 0.61 correlation means they provide meaningful diversification when combined. ZPA5.DE charges 0.07%/yr vs 0.15%/yr for 2B7B.DE.
Performance
ZPA5.DE vs. 2B7B.DE - Performance Comparison
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Returns By Period
In the year-to-date period, ZPA5.DE achieves a 8.46% return, which is significantly lower than 2B7B.DE's 12.98% return.
ZPA5.DE
- 1D
- 0.07%
- 1M
- 5.23%
- YTD
- 8.46%
- 6M
- 7.93%
- 1Y
- 20.41%
- 3Y*
- 17.74%
- 5Y*
- 13.96%
- 10Y*
- —
2B7B.DE
- 1D
- -0.32%
- 1M
- -0.26%
- YTD
- 12.98%
- 6M
- 16.62%
- 1Y
- 16.36%
- 3Y*
- 8.06%
- 5Y*
- 5.89%
- 10Y*
- —
ZPA5.DE vs. 2B7B.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
ZPA5.DE Amundi S&P 500 Climate Net Zero Ambition PAB UCITS ETF Acc | 8.46% | 2.76% | 34.10% | 25.83% | -18.14% | 43.33% | 9.00% |
2B7B.DE iShares V PLC - iShares S&P 500 Materials Sector UCITS ETF | 12.98% | -1.07% | 5.24% | 8.58% | -7.10% | 39.56% | 10.70% |
Correlation
The correlation between ZPA5.DE and 2B7B.DE is 0.41, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.41 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.52 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.61 |
Correlation (All Time) Calculated using the full available price history since Jul 23, 2020 | 0.61 |
Over the past year, the correlation between ZPA5.DE and 2B7B.DE has dropped to 0.41 - well below their long-term average of 0.61, suggesting their price drivers have been diverging.
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Return for Risk
ZPA5.DE vs. 2B7B.DE — Risk / Return Rank
ZPA5.DE
2B7B.DE
ZPA5.DE vs. 2B7B.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Amundi S&P 500 Climate Net Zero Ambition PAB UCITS ETF Acc (ZPA5.DE) and iShares V PLC - iShares S&P 500 Materials Sector UCITS ETF (2B7B.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.
| ZPA5.DE | 2B7B.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.72 | ||
| Sortino ratioReturn per unit of downside risk | +0.89 | ||
| Omega ratioGain probability vs. loss probability | 1.33 | 1.18 | +0.15 |
| Calmar ratioReturn relative to maximum drawdown | 2.21 | 1.58 | +0.63 |
| Martin ratioReturn relative to average drawdown | 7.40 | 4.68 | +2.71 |
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
| ZPA5.DE | 2B7B.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.77 | 1.04 | +0.72 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.87 | 0.34 | +0.53 |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.00 | 0.45 | +0.56 |
Drawdowns
ZPA5.DE vs. 2B7B.DE - Drawdown Comparison
The maximum ZPA5.DE drawdown since its inception was -23.13%, smaller than the maximum 2B7B.DE drawdown of -34.61%. Use the drawdown chart below to compare losses from any high point for ZPA5.DE and 2B7B.DE.
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Drawdown Indicators
| ZPA5.DE | 2B7B.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -23.13% | -34.61% | +11.48% |
Max Drawdown (1Y)Largest decline over 1 year | -9.25% | -10.19% | +0.94% |
Max Drawdown (3Y)Largest decline over 3 years | -23.13% | -24.54% | +1.41% |
Max Drawdown (5Y)Largest decline over 5 years | -23.13% | -24.54% | +1.41% |
Current DrawdownCurrent decline from peak | -0.31% | -2.44% | +2.13% |
Average DrawdownAverage peak-to-trough decline | -5.02% | -6.21% | +1.19% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.77% | 3.44% | -0.67% |
Volatility
ZPA5.DE vs. 2B7B.DE - Volatility Comparison
The current volatility for Amundi S&P 500 Climate Net Zero Ambition PAB UCITS ETF Acc (ZPA5.DE) is 2.70%, while iShares V PLC - iShares S&P 500 Materials Sector UCITS ETF (2B7B.DE) has a volatility of 4.84%. This indicates that ZPA5.DE experiences smaller price fluctuations and is considered to be less risky than 2B7B.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ZPA5.DE | 2B7B.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.70% | 4.84% | -2.14% |
Volatility (6M)Calculated over the trailing 6-month period | 7.88% | 12.31% | -4.43% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.58% | 15.43% | -3.85% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.92% | 17.20% | -1.28% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.93% | 19.16% | -3.23% |
ZPA5.DE vs. 2B7B.DE - Expense Ratio Comparison
ZPA5.DE has a 0.07% expense ratio, which is lower than 2B7B.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
ZPA5.DE vs. 2B7B.DE - Dividend Comparison
Neither ZPA5.DE nor 2B7B.DE has paid dividends to shareholders.
Frequently Asked Questions
ZPA5.DE and 2B7B.DE have a correlation of 0.41, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, ZPA5.DE is cheaper at 0.07% per year. The better choice depends on whether you care most about return, fees, risk, or income.
ZPA5.DE is cheaper with a 0.07% expense ratio, compared with 0.15% for 2B7B.DE.
ZPA5.DE is categorized as S&P 500, while 2B7B.DE is Materials. ZPA5.DE tracks S&P 500 Net Zero 2050 Paris-Aligned ESG+, while 2B7B.DE tracks S&P 500 Capped 35/20 Materials Sector Index. They also come from different issuers: Amundi and iShares. Their fees differ too: 0.07% for ZPA5.DE and 0.15% for 2B7B.DE.
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