ZPA5.DE vs. F500.DE
ZPA5.DE (Amundi S&P 500 Climate Paris Aligned UCITS ETF Acc) and F500.DE (Amundi S&P 500 ESG UCITS ETF Acc) are both exchange-traded funds - ZPA5.DE is a ESG fund tracking the S&P 500 Net Zero 2050 Paris-Aligned ESG+ Index, while F500.DE is a S&P 500 fund tracking the S&P 500 ESG+. Both are passively managed. Over the past year, ZPA5.DE returned 21.36% vs 29.16% for F500.DE. Their correlation of 0.95 suggests significant overlap in exposure. ZPA5.DE charges 0.07%/yr vs 0.12%/yr for F500.DE.
Performance
ZPA5.DE vs. F500.DE - Performance Comparison
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Returns By Period
In the year-to-date period, ZPA5.DE achieves a 8.84% return, which is significantly lower than F500.DE's 11.98% return.
ZPA5.DE
- 1D
- 0.00%
- 1M
- 1.23%
- YTD
- 8.84%
- 6M
- 9.20%
- 1Y
- 21.36%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
F500.DE
- 1D
- -0.30%
- 1M
- 1.91%
- YTD
- 11.98%
- 6M
- 12.43%
- 1Y
- 29.16%
- 3Y*
- 19.28%
- 5Y*
- 14.94%
- 10Y*
- —
ZPA5.DE vs. F500.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
ZPA5.DE Amundi S&P 500 Climate Paris Aligned UCITS ETF Acc | 8.84% | 2.76% | 34.10% | 4.52% |
F500.DE Amundi S&P 500 ESG UCITS ETF Acc | 11.98% | 5.41% | 31.71% | 3.78% |
Correlation
The correlation between ZPA5.DE and F500.DE is 0.93, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.93 |
Correlation (All Time) Calculated using the full available price history since Nov 27, 2023 | 0.95 |
The correlation between ZPA5.DE and F500.DE has been stable across timeframes, ranging from 0.93 to 0.95 - a consistent structural relationship.
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Return for Risk
ZPA5.DE vs. F500.DE — Risk / Return Rank
ZPA5.DE
F500.DE
ZPA5.DE vs. F500.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Amundi S&P 500 Climate Paris Aligned UCITS ETF Acc (ZPA5.DE) and Amundi S&P 500 ESG UCITS ETF Acc (F500.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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| ZPA5.DE | F500.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.55 | ||
| Sortino ratioReturn per unit of downside risk | -1.91 | ||
| Omega ratioGain probability vs. loss probability | 1.30 | 1.44 | -0.14 |
| Calmar ratioReturn relative to maximum drawdown | 1.05 | 3.96 | -2.91 |
| Martin ratioReturn relative to average drawdown | 1.90 | 15.24 | -13.34 |
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Drawdowns
ZPA5.DE vs. F500.DE - Drawdown Comparison
The maximum ZPA5.DE drawdown since its inception was -23.13%, smaller than the maximum F500.DE drawdown of -33.80%. Use the drawdown chart below to compare losses from any high point for ZPA5.DE and F500.DE.
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Drawdown Indicators
| ZPA5.DE | F500.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -23.13% | -33.80% | +10.67% |
Max Drawdown (1Y)Largest decline over 1 year | -20.40% | -7.33% | -13.07% |
Max Drawdown (3Y)Largest decline over 3 years | — | -23.49% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -23.49% | — |
Current DrawdownCurrent decline from peak | -5.88% | -0.47% | -5.41% |
Average DrawdownAverage peak-to-trough decline | -6.38% | -4.61% | -1.77% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 11.22% | 1.91% | +9.31% |
Volatility
ZPA5.DE vs. F500.DE - Volatility Comparison
Amundi S&P 500 Climate Paris Aligned UCITS ETF Acc (ZPA5.DE) and Amundi S&P 500 ESG UCITS ETF Acc (F500.DE) have volatilities of 3.33% and 3.43%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ZPA5.DE | F500.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.33% | 3.43% | -0.10% |
Volatility (6M)Calculated over the trailing 6-month period | 8.35% | 8.29% | +0.06% |
Volatility (1Y)Calculated over the trailing 1-year period | 24.49% | 11.98% | +12.51% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.89% | 15.36% | +4.53% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.89% | 16.97% | +2.92% |
ZPA5.DE vs. F500.DE - Expense Ratio Comparison
ZPA5.DE has a 0.07% expense ratio, which is lower than F500.DE's 0.12% 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. F500.DE - Dividend Comparison
Neither ZPA5.DE nor F500.DE has paid dividends to shareholders.
Frequently Asked Questions
With a correlation of 0.93, ZPA5.DE and F500.DE move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
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 0.12% for F500.DE.
ZPA5.DE is categorized as ESG, while F500.DE is S&P 500. ZPA5.DE tracks S&P 500 Net Zero 2050 Paris-Aligned ESG+ Index, while F500.DE tracks S&P 500 ESG+. Their fees differ too: 0.07% for ZPA5.DE and 0.12% for F500.DE.
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