ZPAB.DE vs. GOAI.DE
ZPAB.DE (Amundi S&P Eurozone PAB Net Zero Ambition UCITS ETF Acc) and GOAI.DE (Amundi MSCI Robotics & AI ESG Screened UCITS ETF Acc) are both exchange-traded funds - ZPAB.DE is a Europe Equities fund tracking the S&P Eurozone LargeMidCap Paris-Aligned Climate, while GOAI.DE is a Robotics fund tracking the MSCI ACWI IMI Robotics & AI ESG Filtered. Both are passively managed. Over the past 5 years, ZPAB.DE returned 9.80%/yr vs 13.12%/yr for GOAI.DE. A 0.68 correlation means they provide meaningful diversification when combined. ZPAB.DE charges 0.20%/yr vs 0.35%/yr for GOAI.DE.
Performance
ZPAB.DE vs. GOAI.DE - Performance Comparison
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Returns By Period
In the year-to-date period, ZPAB.DE achieves a 6.68% return, which is significantly lower than GOAI.DE's 28.31% return.
ZPAB.DE
- 1D
- 0.88%
- 1M
- 3.54%
- YTD
- 6.68%
- 6M
- 7.99%
- 1Y
- 13.19%
- 3Y*
- 16.18%
- 5Y*
- 9.80%
- 10Y*
- —
GOAI.DE
- 1D
- -1.22%
- 1M
- 15.52%
- YTD
- 28.31%
- 6M
- 25.43%
- 1Y
- 46.38%
- 3Y*
- 21.99%
- 5Y*
- 13.12%
- 10Y*
- —
ZPAB.DE vs. GOAI.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
ZPAB.DE Amundi S&P Eurozone PAB Net Zero Ambition UCITS ETF Acc | 6.68% | 22.02% | 13.92% | 22.06% | -17.12% | 24.77% | 7.73% |
GOAI.DE Amundi MSCI Robotics & AI ESG Screened UCITS ETF Acc | 28.31% | 6.11% | 21.03% | 26.97% | -21.63% | 32.03% | 17.53% |
Correlation
The correlation between ZPAB.DE and GOAI.DE is 0.54, 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 | 0.54 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.57 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.67 |
Correlation (All Time) Calculated using the full available price history since Jul 24, 2020 | 0.68 |
The correlation between ZPAB.DE and GOAI.DE shifts across timeframes, from 0.54 (1 year) to 0.68 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
ZPAB.DE vs. GOAI.DE — Risk / Return Rank
ZPAB.DE
GOAI.DE
ZPAB.DE vs. GOAI.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Amundi S&P Eurozone PAB Net Zero Ambition UCITS ETF Acc (ZPAB.DE) and Amundi MSCI Robotics & AI ESG Screened UCITS ETF Acc (GOAI.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.
| ZPAB.DE | GOAI.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.50 | ||
| Sortino ratioReturn per unit of downside risk | -1.77 | ||
| Omega ratioGain probability vs. loss probability | 1.17 | 1.41 | -0.24 |
| Calmar ratioReturn relative to maximum drawdown | 1.25 | 3.27 | -2.03 |
| Martin ratioReturn relative to average drawdown | 4.35 | 8.82 | -4.46 |
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
| ZPAB.DE | GOAI.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.87 | 2.37 | -1.50 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.57 | 0.66 | -0.09 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.74 | 0.82 | -0.08 |
Drawdowns
ZPAB.DE vs. GOAI.DE - Drawdown Comparison
The maximum ZPAB.DE drawdown since its inception was -28.68%, smaller than the maximum GOAI.DE drawdown of -34.25%. Use the drawdown chart below to compare losses from any high point for ZPAB.DE and GOAI.DE.
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Drawdown Indicators
| ZPAB.DE | GOAI.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -28.68% | -34.25% | +5.57% |
Max Drawdown (1Y)Largest decline over 1 year | -11.18% | -14.45% | +3.27% |
Max Drawdown (3Y)Largest decline over 3 years | -16.26% | -28.67% | +12.41% |
Max Drawdown (5Y)Largest decline over 5 years | -28.68% | -28.67% | -0.01% |
Current DrawdownCurrent decline from peak | -0.10% | -1.69% | +1.59% |
Average DrawdownAverage peak-to-trough decline | -5.75% | -7.17% | +1.42% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.21% | 5.37% | -2.16% |
Volatility
ZPAB.DE vs. GOAI.DE - Volatility Comparison
The current volatility for Amundi S&P Eurozone PAB Net Zero Ambition UCITS ETF Acc (ZPAB.DE) is 5.16%, while Amundi MSCI Robotics & AI ESG Screened UCITS ETF Acc (GOAI.DE) has a volatility of 6.79%. This indicates that ZPAB.DE experiences smaller price fluctuations and is considered to be less risky than GOAI.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ZPAB.DE | GOAI.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.16% | 6.79% | -1.63% |
Volatility (6M)Calculated over the trailing 6-month period | 13.16% | 14.95% | -1.79% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.99% | 19.95% | -3.96% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.10% | 19.64% | -2.54% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.97% | 20.21% | -3.24% |
ZPAB.DE vs. GOAI.DE - Expense Ratio Comparison
ZPAB.DE has a 0.20% expense ratio, which is lower than GOAI.DE's 0.35% expense ratio.
Dividends
ZPAB.DE vs. GOAI.DE - Dividend Comparison
Neither ZPAB.DE nor GOAI.DE has paid dividends to shareholders.
Frequently Asked Questions
ZPAB.DE and GOAI.DE have a correlation of 0.54, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, ZPAB.DE is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.
ZPAB.DE is cheaper with a 0.20% expense ratio, compared with 0.35% for GOAI.DE.
ZPAB.DE is categorized as Europe Equities, while GOAI.DE is Robotics. ZPAB.DE tracks S&P Eurozone LargeMidCap Paris-Aligned Climate, while GOAI.DE tracks MSCI ACWI IMI Robotics & AI ESG Filtered. Their fees differ too: 0.20% for ZPAB.DE and 0.35% for GOAI.DE.
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