ZPDH.DE vs. SPPW.DE
ZPDH.DE (SPDR S&P US Health Care Select Sector UCITS ETF) and SPPW.DE (SPDR MSCI World UCITS ETF) are both exchange-traded funds - ZPDH.DE is a Health & Biotech Equities fund tracking the S&P Health Care Select Sector, while SPPW.DE is a Global Equities fund tracking the MSCI World. Both are passively managed. Over the past 5 years, ZPDH.DE returned 6.73%/yr vs 13.03%/yr for SPPW.DE. A 0.62 correlation means they provide meaningful diversification when combined. ZPDH.DE charges 0.15%/yr vs 0.12%/yr for SPPW.DE.
Performance
ZPDH.DE vs. SPPW.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, ZPDH.DE achieves a -1.12% return, which is significantly lower than SPPW.DE's 10.85% return.
ZPDH.DE
- 1D
- 2.83%
- 1M
- 5.48%
- YTD
- -1.12%
- 6M
- -0.21%
- 1Y
- 13.04%
- 3Y*
- 3.67%
- 5Y*
- 6.73%
- 10Y*
- 8.92%
SPPW.DE
- 1D
- -0.31%
- 1M
- 4.83%
- YTD
- 10.85%
- 6M
- 11.34%
- 1Y
- 23.90%
- 3Y*
- 17.79%
- 5Y*
- 13.03%
- 10Y*
- —
ZPDH.DE vs. SPPW.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
ZPDH.DE SPDR S&P US Health Care Select Sector UCITS ETF | -1.12% | 1.73% | 8.46% | -1.73% | 3.31% | 37.77% | 1.69% | 14.88% |
SPPW.DE SPDR MSCI World UCITS ETF | 10.85% | 8.03% | 26.09% | 20.25% | -13.28% | 32.66% | 5.27% | 17.24% |
Correlation
The correlation between ZPDH.DE and SPPW.DE is 0.30, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.30 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.44 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.54 |
Correlation (All Time) Calculated using the full available price history since Mar 4, 2019 | 0.62 |
Over the past year, the correlation between ZPDH.DE and SPPW.DE has dropped to 0.30 - well below their long-term average of 0.62, suggesting their price drivers have been diverging.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
ZPDH.DE vs. SPPW.DE — Risk / Return Rank
ZPDH.DE
SPPW.DE
ZPDH.DE vs. SPPW.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR S&P US Health Care Select Sector UCITS ETF (ZPDH.DE) and SPDR MSCI World UCITS ETF (SPPW.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.
| ZPDH.DE | SPPW.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.27 | ||
| Sortino ratioReturn per unit of downside risk | -1.58 | ||
| Omega ratioGain probability vs. loss probability | 1.16 | 1.40 | -0.25 |
| Calmar ratioReturn relative to maximum drawdown | 1.21 | 3.66 | -2.46 |
| Martin ratioReturn relative to average drawdown | 2.95 | 14.69 | -11.74 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| ZPDH.DE | SPPW.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.89 | 2.16 | -1.27 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.46 | 0.92 | -0.46 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.56 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.46 | 0.86 | -0.40 |
Drawdowns
ZPDH.DE vs. SPPW.DE - Drawdown Comparison
The maximum ZPDH.DE drawdown since its inception was -26.61%, smaller than the maximum SPPW.DE drawdown of -33.69%. Use the drawdown chart below to compare losses from any high point for ZPDH.DE and SPPW.DE.
Loading charts...
Drawdown Indicators
| ZPDH.DE | SPPW.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -26.61% | -33.69% | +7.08% |
Max Drawdown (1Y)Largest decline over 1 year | -10.77% | -6.51% | -4.26% |
Max Drawdown (3Y)Largest decline over 3 years | -22.64% | -21.62% | -1.02% |
Max Drawdown (5Y)Largest decline over 5 years | -22.64% | -21.62% | -1.02% |
Max Drawdown (10Y)Largest decline over 10 years | -26.61% | — | — |
Current DrawdownCurrent decline from peak | -7.28% | -0.31% | -6.97% |
Average DrawdownAverage peak-to-trough decline | -5.80% | -4.43% | -1.37% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.41% | 1.63% | +2.78% |
Volatility
ZPDH.DE vs. SPPW.DE - Volatility Comparison
SPDR S&P US Health Care Select Sector UCITS ETF (ZPDH.DE) has a higher volatility of 5.13% compared to SPDR MSCI World UCITS ETF (SPPW.DE) at 2.70%. This indicates that ZPDH.DE's price experiences larger fluctuations and is considered to be riskier than SPPW.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| ZPDH.DE | SPPW.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.13% | 2.70% | +2.43% |
Volatility (6M)Calculated over the trailing 6-month period | 10.16% | 7.62% | +2.54% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.63% | 11.11% | +3.52% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.47% | 14.06% | +0.41% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.77% | 16.08% | -0.31% |
ZPDH.DE vs. SPPW.DE - Expense Ratio Comparison
ZPDH.DE has a 0.15% expense ratio, which is higher than SPPW.DE's 0.12% 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
ZPDH.DE vs. SPPW.DE - Dividend Comparison
Neither ZPDH.DE nor SPPW.DE has paid dividends to shareholders.
Frequently Asked Questions
ZPDH.DE and SPPW.DE have a correlation of 0.30, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, SPPW.DE is cheaper at 0.12% per year. The better choice depends on whether you care most about return, fees, risk, or income.
SPPW.DE is cheaper with a 0.12% expense ratio, compared with 0.15% for ZPDH.DE.
ZPDH.DE is categorized as Health & Biotech Equities, while SPPW.DE is Global Equities. ZPDH.DE tracks S&P Health Care Select Sector, while SPPW.DE tracks MSCI World. Their fees differ too: 0.15% for ZPDH.DE and 0.12% for SPPW.DE.
Find the right allocation for ZPDH.DE and SPPW.DE
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer