ZPDD.DE vs. SPYL.DE
ZPDD.DE (SPDR S&P US Consumer Discretionary Select Sector UCITS ETF) and SPYL.DE (State Street SPDR S&P 500 UCITS ETF USD Unhedged (Acc)) are both exchange-traded funds - ZPDD.DE is a Consumer Staples Equities fund tracking the S&P Consumer Discretionary Select Sector, while SPYL.DE is a S&P 500 fund tracking the S&P 500 Index. Both are passively managed. Over the past year, ZPDD.DE returned 11.32% vs 25.61% for SPYL.DE. A 0.74 correlation means they provide meaningful diversification when combined. ZPDD.DE charges 0.15%/yr vs 0.03%/yr for SPYL.DE.
Performance
ZPDD.DE vs. SPYL.DE - Performance Comparison
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Returns By Period
In the year-to-date period, ZPDD.DE achieves a 0.34% return, which is significantly lower than SPYL.DE's 11.37% return.
ZPDD.DE
- 1D
- 0.27%
- 1M
- -0.74%
- YTD
- 0.34%
- 6M
- 1.40%
- 1Y
- 11.32%
- 3Y*
- 13.95%
- 5Y*
- 10.34%
- 10Y*
- 13.15%
SPYL.DE
- 1D
- -0.15%
- 1M
- 5.19%
- YTD
- 11.37%
- 6M
- 11.41%
- 1Y
- 25.61%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
ZPDD.DE vs. SPYL.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
ZPDD.DE SPDR S&P US Consumer Discretionary Select Sector UCITS ETF | 0.34% | -3.35% | 36.72% | 12.64% |
SPYL.DE State Street SPDR S&P 500 UCITS ETF USD Unhedged (Acc) | 11.37% | 4.71% | 32.33% | 9.54% |
Correlation
The correlation between ZPDD.DE and SPYL.DE is 0.68, 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 | 0.68 |
Correlation (All Time) Calculated using the full available price history since Nov 2, 2023 | 0.74 |
The correlation between ZPDD.DE and SPYL.DE has been stable across timeframes, ranging from 0.68 to 0.74 - a consistent structural relationship.
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Return for Risk
ZPDD.DE vs. SPYL.DE — Risk / Return Rank
ZPDD.DE
SPYL.DE
ZPDD.DE vs. SPYL.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR S&P US Consumer Discretionary Select Sector UCITS ETF (ZPDD.DE) and State Street SPDR S&P 500 UCITS ETF USD Unhedged (Acc) (SPYL.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.
| ZPDD.DE | SPYL.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.59 | ||
| Sortino ratioReturn per unit of downside risk | -2.03 | ||
| Omega ratioGain probability vs. loss probability | 1.12 | 1.41 | -0.29 |
| Calmar ratioReturn relative to maximum drawdown | 0.81 | 3.58 | -2.77 |
| Martin ratioReturn relative to average drawdown | 2.25 | 12.72 | -10.48 |
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
| ZPDD.DE | SPYL.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.62 | 2.21 | -1.59 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.48 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.64 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.57 | 1.54 | -0.96 |
Drawdowns
ZPDD.DE vs. SPYL.DE - Drawdown Comparison
The maximum ZPDD.DE drawdown since its inception was -37.03%, which is greater than SPYL.DE's maximum drawdown of -23.27%. Use the drawdown chart below to compare losses from any high point for ZPDD.DE and SPYL.DE.
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Drawdown Indicators
| ZPDD.DE | SPYL.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -37.03% | -23.27% | -13.76% |
Max Drawdown (1Y)Largest decline over 1 year | -13.91% | -7.13% | -6.78% |
Max Drawdown (3Y)Largest decline over 3 years | -29.56% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -34.02% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -37.03% | — | — |
Current DrawdownCurrent decline from peak | -7.19% | -0.46% | -6.73% |
Average DrawdownAverage peak-to-trough decline | -8.21% | -3.24% | -4.97% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.03% | 2.01% | +3.02% |
Volatility
ZPDD.DE vs. SPYL.DE - Volatility Comparison
SPDR S&P US Consumer Discretionary Select Sector UCITS ETF (ZPDD.DE) has a higher volatility of 5.49% compared to State Street SPDR S&P 500 UCITS ETF USD Unhedged (Acc) (SPYL.DE) at 2.66%. This indicates that ZPDD.DE's price experiences larger fluctuations and is considered to be riskier than SPYL.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ZPDD.DE | SPYL.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.49% | 2.66% | +2.83% |
Volatility (6M)Calculated over the trailing 6-month period | 13.47% | 7.57% | +5.90% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.17% | 11.52% | +6.65% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.48% | 14.61% | +6.87% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.55% | 14.61% | +5.94% |
ZPDD.DE vs. SPYL.DE - Expense Ratio Comparison
ZPDD.DE has a 0.15% expense ratio, which is higher than SPYL.DE's 0.03% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
ZPDD.DE vs. SPYL.DE - Dividend Comparison
Neither ZPDD.DE nor SPYL.DE has paid dividends to shareholders.
Frequently Asked Questions
ZPDD.DE and SPYL.DE have a correlation of 0.68, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, SPYL.DE is cheaper at 0.03% per year. The better choice depends on whether you care most about return, fees, risk, or income.
SPYL.DE is cheaper with a 0.03% expense ratio, compared with 0.15% for ZPDD.DE.
ZPDD.DE is categorized as Consumer Staples Equities, while SPYL.DE is S&P 500. ZPDD.DE tracks S&P Consumer Discretionary Select Sector, while SPYL.DE tracks S&P 500 Index. Their fees differ too: 0.15% for ZPDD.DE and 0.03% for SPYL.DE.
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