ZPA5.DE vs. XDEQ.DE
ZPA5.DE (Amundi S&P 500 Climate Paris Aligned UCITS ETF Acc) and XDEQ.DE (Xtrackers MSCI World Quality Factor UCITS ETF 1C) are both exchange-traded funds - ZPA5.DE is a ESG fund tracking the S&P 500 Net Zero 2050 Paris-Aligned ESG+ Index, while XDEQ.DE is a Global Equities fund tracking the MSCI ACWI NR USD. Both are passively managed. Over the past year, ZPA5.DE returned 18.63% vs 22.01% for XDEQ.DE. Their correlation of 0.90 suggests significant overlap in exposure. ZPA5.DE charges 0.07%/yr vs 0.25%/yr for XDEQ.DE.
Performance
ZPA5.DE vs. XDEQ.DE - Performance Comparison
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Returns By Period
In the year-to-date period, ZPA5.DE achieves a 9.01% return, which is significantly lower than XDEQ.DE's 12.57% return.
ZPA5.DE
- 1D
- 0.00%
- 1M
- 0.37%
- 6M
- 9.80%
- YTD
- 9.01%
- 1Y
- 18.63%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 18.60%
XDEQ.DE
- 1D
- 0.15%
- 1M
- 1.66%
- 6M
- 10.45%
- YTD
- 12.57%
- 1Y
- 22.01%
- 3Y*
- 15.57%
- 5Y*
- 10.70%
- 10Y*
- 12.19%
- ALL TIME*
- 9.57%
ZPA5.DE vs. XDEQ.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
ZPA5.DE Amundi S&P 500 Climate Paris Aligned UCITS ETF Acc | 9.01% | 2.76% | 34.10% | 4.52% |
XDEQ.DE Xtrackers MSCI World Quality Factor UCITS ETF 1C | 12.57% | 2.87% | 23.81% | 3.74% |
Correlation
The correlation between ZPA5.DE and XDEQ.DE is 0.84, 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 | 0.84 |
Correlation (All Time) Calculated using the full available price history since Nov 27, 2023 | 0.90 |
The correlation between ZPA5.DE and XDEQ.DE has been stable across timeframes, ranging from 0.84 to 0.90 - a consistent structural relationship.
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Return for Risk
ZPA5.DE vs. XDEQ.DE — Risk / Return Rank
ZPA5.DE
XDEQ.DE
ZPA5.DE vs. XDEQ.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 Xtrackers MSCI World Quality Factor UCITS ETF 1C (XDEQ.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 | XDEQ.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.32 | ||
| Sortino ratioReturn per unit of downside risk | -1.63 | ||
| Omega ratioGain probability vs. loss probability | 1.27 | 1.38 | -0.12 |
| Calmar ratioReturn relative to maximum drawdown | 0.91 | 3.52 | -2.61 |
| Martin ratioReturn relative to average drawdown | 1.65 | 14.82 | -13.17 |
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Drawdowns
ZPA5.DE vs. XDEQ.DE - Drawdown Comparison
The maximum ZPA5.DE drawdown since its inception was -23.13%, smaller than the maximum XDEQ.DE drawdown of -32.18%. Use the drawdown chart below to compare losses from any high point for ZPA5.DE and XDEQ.DE.
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Drawdown Indicators
| ZPA5.DE | XDEQ.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -23.13% | -32.18% | +9.05% |
Max Drawdown (1Y)Largest decline over 1 year | -20.40% | -6.22% | -14.18% |
Max Drawdown (3Y)Largest decline over 3 years | — | -20.59% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -20.59% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -32.18% | — |
Current DrawdownCurrent decline from peak | -5.73% | -1.07% | -4.66% |
Average DrawdownAverage peak-to-trough decline | -6.36% | -6.53% | +0.17% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 11.31% | 1.48% | +9.83% |
Volatility
ZPA5.DE vs. XDEQ.DE - Volatility Comparison
Amundi S&P 500 Climate Paris Aligned UCITS ETF Acc (ZPA5.DE) has a higher volatility of 3.08% compared to Xtrackers MSCI World Quality Factor UCITS ETF 1C (XDEQ.DE) at 2.75%. This indicates that ZPA5.DE's price experiences larger fluctuations and is considered to be riskier than XDEQ.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 | XDEQ.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.08% | 2.75% | +0.33% |
Volatility (6M)Calculated over the trailing 6-month period | 8.26% | 7.28% | +0.98% |
Volatility (1Y)Calculated over the trailing 1-year period | 24.44% | 10.55% | +13.89% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.71% | 14.13% | +5.58% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.71% | 15.82% | +3.89% |
ZPA5.DE vs. XDEQ.DE - Expense Ratio Comparison
ZPA5.DE has a 0.07% expense ratio, which is lower than XDEQ.DE's 0.25% 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. XDEQ.DE - Dividend Comparison
Neither ZPA5.DE nor XDEQ.DE has paid dividends to shareholders.
Frequently Asked Questions
ZPA5.DE and XDEQ.DE have a correlation of 0.84, 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 0.25% for XDEQ.DE.
ZPA5.DE is categorized as ESG, while XDEQ.DE is Global Equities. ZPA5.DE tracks S&P 500 Net Zero 2050 Paris-Aligned ESG+ Index, while XDEQ.DE tracks MSCI ACWI NR USD. They also come from different issuers: Amundi and Xtrackers. Their fees differ too: 0.07% for ZPA5.DE and 0.25% for XDEQ.DE.
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