ZPDH.DE vs. ZPRX.DE
ZPDH.DE (SPDR S&P US Health Care Select Sector UCITS ETF) and ZPRX.DE (SPDR MSCI Europe Small Cap Value Weighted UCITS ETF) are both exchange-traded funds - ZPDH.DE is a Health & Biotech Equities fund tracking the S&P Health Care Select Sector, while ZPRX.DE is a Europe Equities fund tracking the MSCI Europe Small Cap Value Weighted. Both are passively managed. Over the past 10 years, ZPDH.DE returned 8.92%/yr vs 8.15%/yr for ZPRX.DE. At a 0.39 correlation, their price movements are largely independent. ZPDH.DE charges 0.15%/yr vs 0.30%/yr for ZPRX.DE.
Performance
ZPDH.DE vs. ZPRX.DE - Performance Comparison
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Returns By Period
In the year-to-date period, ZPDH.DE achieves a -1.12% return, which is significantly lower than ZPRX.DE's 7.81% return. Over the past 10 years, ZPDH.DE has outperformed ZPRX.DE with an annualized return of 8.92%, while ZPRX.DE has yielded a comparatively lower 8.15% annualized 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%
ZPRX.DE
- 1D
- 0.33%
- 1M
- 3.14%
- YTD
- 7.81%
- 6M
- 11.48%
- 1Y
- 17.16%
- 3Y*
- 15.09%
- 5Y*
- 7.77%
- 10Y*
- 8.15%
ZPDH.DE vs. ZPRX.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
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% | 24.37% | 9.07% | 6.98% |
ZPRX.DE SPDR MSCI Europe Small Cap Value Weighted UCITS ETF | 7.81% | 26.81% | 4.28% | 15.28% | -13.52% | 27.58% | -3.52% | 29.02% | -19.20% | 12.89% |
Correlation
The correlation between ZPDH.DE and ZPRX.DE is 0.28, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.28 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.21 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.26 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.35 |
Correlation (All Time) Calculated using the full available price history since Jul 9, 2015 | 0.39 |
The correlation between ZPDH.DE and ZPRX.DE shifts across timeframes, from 0.21 (3 years) to 0.39 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
ZPDH.DE vs. ZPRX.DE — Risk / Return Rank
ZPDH.DE
ZPRX.DE
ZPDH.DE vs. ZPRX.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 Europe Small Cap Value Weighted UCITS ETF (ZPRX.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 | ZPRX.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.34 | ||
| Sortino ratioReturn per unit of downside risk | -0.40 | ||
| Omega ratioGain probability vs. loss probability | 1.16 | 1.22 | -0.07 |
| Calmar ratioReturn relative to maximum drawdown | 1.21 | 1.47 | -0.26 |
| Martin ratioReturn relative to average drawdown | 2.95 | 5.42 | -2.47 |
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
| ZPDH.DE | ZPRX.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.89 | 1.23 | -0.34 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.46 | 0.46 | 0.00 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.56 | 0.45 | +0.12 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.46 | 0.39 | +0.06 |
Drawdowns
ZPDH.DE vs. ZPRX.DE - Drawdown Comparison
The maximum ZPDH.DE drawdown since its inception was -26.61%, smaller than the maximum ZPRX.DE drawdown of -43.93%. Use the drawdown chart below to compare losses from any high point for ZPDH.DE and ZPRX.DE.
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Drawdown Indicators
| ZPDH.DE | ZPRX.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -26.61% | -43.93% | +17.32% |
Max Drawdown (1Y)Largest decline over 1 year | -10.77% | -11.63% | +0.86% |
Max Drawdown (3Y)Largest decline over 3 years | -22.64% | -15.95% | -6.69% |
Max Drawdown (5Y)Largest decline over 5 years | -22.64% | -27.52% | +4.88% |
Max Drawdown (10Y)Largest decline over 10 years | -26.61% | -43.93% | +17.32% |
Current DrawdownCurrent decline from peak | -7.28% | -1.51% | -5.77% |
Average DrawdownAverage peak-to-trough decline | -5.80% | -7.71% | +1.91% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.41% | 3.16% | +1.25% |
Volatility
ZPDH.DE vs. ZPRX.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 Europe Small Cap Value Weighted UCITS ETF (ZPRX.DE) at 4.17%. This indicates that ZPDH.DE's price experiences larger fluctuations and is considered to be riskier than ZPRX.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ZPDH.DE | ZPRX.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.13% | 4.17% | +0.96% |
Volatility (6M)Calculated over the trailing 6-month period | 10.16% | 11.30% | -1.14% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.63% | 13.94% | +0.69% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.47% | 16.69% | -2.22% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.77% | 18.14% | -2.37% |
ZPDH.DE vs. ZPRX.DE - Expense Ratio Comparison
ZPDH.DE has a 0.15% expense ratio, which is lower than ZPRX.DE's 0.30% expense ratio.
Dividends
ZPDH.DE vs. ZPRX.DE - Dividend Comparison
Neither ZPDH.DE nor ZPRX.DE has paid dividends to shareholders.
Frequently Asked Questions
ZPDH.DE and ZPRX.DE have a correlation of 0.28, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, ZPDH.DE is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.
ZPDH.DE is cheaper with a 0.15% expense ratio, compared with 0.30% for ZPRX.DE.
ZPDH.DE is categorized as Health & Biotech Equities, while ZPRX.DE is Europe Equities. ZPDH.DE tracks S&P Health Care Select Sector, while ZPRX.DE tracks MSCI Europe Small Cap Value Weighted. Their fees differ too: 0.15% for ZPDH.DE and 0.30% for ZPRX.DE.
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