ZPDE.DE vs. MLPP.L
Compare and contrast key facts about SPDR S&P US Energy Select Sector UCITS ETF (ZPDE.DE) and Invesco Morningstar US Energy Infrastructure MLP UCITS ETF (Dist) (MLPP.L).
ZPDE.DE and MLPP.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. ZPDE.DE is a passively managed fund by State Street that tracks the performance of the S&P Energy Select Sector. It was launched on Jul 7, 2015. MLPP.L is a passively managed fund by Invesco that tracks the performance of the MSCI World/Energy NR USD. It was launched on May 15, 2013. Both ZPDE.DE and MLPP.L are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ZPDE.DE or MLPP.L.
Key characteristics
| ZPDE.DE | MLPP.L | |
|---|---|---|
| YTD Return | 19.19% | 19.16% |
| 1Y Return | 16.70% | 17.61% |
| 3Y Return (Ann) | 24.65% | 27.85% |
| 5Y Return (Ann) | 15.59% | 19.58% |
| Sharpe Ratio | 1.08 | 1.40 |
| Sortino Ratio | 1.52 | 2.02 |
| Omega Ratio | 1.20 | 1.25 |
| Calmar Ratio | 1.12 | 2.18 |
| Martin Ratio | 2.95 | 5.92 |
| Ulcer Index | 6.93% | 3.19% |
| Daily Std Dev | 19.06% | 13.51% |
| Max Drawdown | -65.58% | -71.89% |
| Current Drawdown | -1.64% | 0.00% |
Correlation
The correlation between ZPDE.DE and MLPP.L is 0.57, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
ZPDE.DE vs. MLPP.L - Performance Comparison
The year-to-date returns for both stocks are quite close, with ZPDE.DE having a 19.19% return and MLPP.L slightly lower at 19.16%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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ZPDE.DE vs. MLPP.L - Expense Ratio Comparison
ZPDE.DE has a 0.15% expense ratio, which is lower than MLPP.L's 0.50% expense ratio.
Risk-Adjusted Performance
ZPDE.DE vs. MLPP.L - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR S&P US Energy Select Sector UCITS ETF (ZPDE.DE) and Invesco Morningstar US Energy Infrastructure MLP UCITS ETF (Dist) (MLPP.L). 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.
Dividends
ZPDE.DE vs. MLPP.L - Dividend Comparison
ZPDE.DE has not paid dividends to shareholders, while MLPP.L's dividend yield for the trailing twelve months is around 8.09%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ZPDE.DE SPDR S&P US Energy Select Sector UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
MLPP.L Invesco Morningstar US Energy Infrastructure MLP UCITS ETF (Dist) | 8.09% | 10.96% | 9.61% | 11.58% | 15.08% | 12.89% | 12.65% | 11.00% | 10.02% | 15.00% | 10.28% | 4.23% |
Drawdowns
ZPDE.DE vs. MLPP.L - Drawdown Comparison
The maximum ZPDE.DE drawdown since its inception was -65.58%, smaller than the maximum MLPP.L drawdown of -71.89%. Use the drawdown chart below to compare losses from any high point for ZPDE.DE and MLPP.L. For additional features, visit the drawdowns tool.
Volatility
ZPDE.DE vs. MLPP.L - Volatility Comparison
SPDR S&P US Energy Select Sector UCITS ETF (ZPDE.DE) has a higher volatility of 4.60% compared to Invesco Morningstar US Energy Infrastructure MLP UCITS ETF (Dist) (MLPP.L) at 3.13%. This indicates that ZPDE.DE's price experiences larger fluctuations and is considered to be riskier than MLPP.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.