ZPDK.DE vs. SPYI.DE
ZPDK.DE (SPDR S&P U.S. Communication Services Select Sector UCITS ETF) and SPYI.DE (SPDR MSCI ACWI IMI UCITS ETF) are both exchange-traded funds - ZPDK.DE is a Communications Equities fund tracking the S&P Communication Services Select Sector Daily Capped 25/20, while SPYI.DE is a Global Equities fund tracking the MSCI All Country World Investable Market (ACWI IMI). Both are passively managed. Over the past 5 years, ZPDK.DE returned 11.35%/yr vs 12.01%/yr for SPYI.DE. A 0.75 correlation means they provide meaningful diversification when combined. ZPDK.DE charges 0.15%/yr vs 0.17%/yr for SPYI.DE.
Performance
ZPDK.DE vs. SPYI.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, ZPDK.DE achieves a 3.41% return, which is significantly lower than SPYI.DE's 13.27% return.
ZPDK.DE
- 1D
- 1.45%
- 1M
- -2.27%
- YTD
- 3.41%
- 6M
- 2.07%
- 1Y
- 18.77%
- 3Y*
- 22.06%
- 5Y*
- 11.35%
- 10Y*
- —
SPYI.DE
- 1D
- -0.12%
- 1M
- 5.15%
- YTD
- 13.27%
- 6M
- 13.93%
- 1Y
- 27.79%
- 3Y*
- 17.57%
- 5Y*
- 12.01%
- 10Y*
- 12.12%
ZPDK.DE vs. SPYI.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
ZPDK.DE SPDR S&P U.S. Communication Services Select Sector UCITS ETF | 3.41% | 13.23% | 39.09% | 48.24% | -33.43% | 26.14% | 15.70% | 33.80% | -15.00% |
SPYI.DE SPDR MSCI ACWI IMI UCITS ETF | 13.27% | 9.10% | 22.92% | 17.54% | -12.90% | 27.74% | 5.39% | 29.64% | -12.23% |
Correlation
The correlation between ZPDK.DE and SPYI.DE is 0.51, 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 | 0.51 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.65 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.73 |
Correlation (All Time) Calculated using the full available price history since Aug 17, 2018 | 0.75 |
Over the past year, the correlation between ZPDK.DE and SPYI.DE has dropped to 0.51 - well below their long-term average of 0.75, 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
ZPDK.DE vs. SPYI.DE — Risk / Return Rank
ZPDK.DE
SPYI.DE
ZPDK.DE vs. SPYI.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR S&P U.S. Communication Services Select Sector UCITS ETF (ZPDK.DE) and SPDR MSCI ACWI IMI UCITS ETF (SPYI.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.
| ZPDK.DE | SPYI.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.07 | ||
| Sortino ratioReturn per unit of downside risk | -1.37 | ||
| Omega ratioGain probability vs. loss probability | 1.23 | 1.45 | -0.23 |
| Calmar ratioReturn relative to maximum drawdown | 2.25 | 4.32 | -2.06 |
| Martin ratioReturn relative to average drawdown | 7.91 | 17.43 | -9.52 |
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
| ZPDK.DE | SPYI.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.34 | 2.41 | -1.07 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.60 | 0.85 | -0.25 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.81 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.68 | 0.84 | -0.15 |
Drawdowns
ZPDK.DE vs. SPYI.DE - Drawdown Comparison
The maximum ZPDK.DE drawdown since its inception was -36.98%, which is greater than SPYI.DE's maximum drawdown of -34.60%. Use the drawdown chart below to compare losses from any high point for ZPDK.DE and SPYI.DE.
Loading charts...
Drawdown Indicators
| ZPDK.DE | SPYI.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -36.98% | -34.60% | -2.38% |
Max Drawdown (1Y)Largest decline over 1 year | -8.30% | -6.41% | -1.89% |
Max Drawdown (3Y)Largest decline over 3 years | -21.88% | -21.66% | -0.22% |
Max Drawdown (5Y)Largest decline over 5 years | -36.98% | -21.66% | -15.32% |
Max Drawdown (10Y)Largest decline over 10 years | — | -34.60% | — |
Current DrawdownCurrent decline from peak | -4.21% | -0.56% | -3.65% |
Average DrawdownAverage peak-to-trough decline | -7.91% | -4.34% | -3.57% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.37% | 1.59% | +0.78% |
Volatility
ZPDK.DE vs. SPYI.DE - Volatility Comparison
SPDR S&P U.S. Communication Services Select Sector UCITS ETF (ZPDK.DE) has a higher volatility of 4.24% compared to SPDR MSCI ACWI IMI UCITS ETF (SPYI.DE) at 3.11%. This indicates that ZPDK.DE's price experiences larger fluctuations and is considered to be riskier than SPYI.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| ZPDK.DE | SPYI.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.24% | 3.11% | +1.13% |
Volatility (6M)Calculated over the trailing 6-month period | 9.60% | 8.21% | +1.39% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.93% | 11.48% | +2.45% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.59% | 13.90% | +4.69% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.48% | 15.18% | +4.30% |
ZPDK.DE vs. SPYI.DE - Expense Ratio Comparison
ZPDK.DE has a 0.15% expense ratio, which is lower than SPYI.DE's 0.17% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
ZPDK.DE vs. SPYI.DE - Dividend Comparison
Neither ZPDK.DE nor SPYI.DE has paid dividends to shareholders.
Frequently Asked Questions
ZPDK.DE and SPYI.DE have a correlation of 0.51, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, ZPDK.DE is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.
ZPDK.DE is cheaper with a 0.15% expense ratio, compared with 0.17% for SPYI.DE.
ZPDK.DE is categorized as Communications Equities, while SPYI.DE is Global Equities. ZPDK.DE tracks S&P Communication Services Select Sector Daily Capped 25/20, while SPYI.DE tracks MSCI All Country World Investable Market (ACWI IMI). Their fees differ too: 0.15% for ZPDK.DE and 0.17% for SPYI.DE.
Find the right allocation for ZPDK.DE and SPYI.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