ZPDM.DE vs. SPYM.DE
ZPDM.DE (State Street SPDR S&P U.S. Materials Select Sector UCITS ETF (Acc)) and SPYM.DE (SPDR MSCI Emerging Markets UCITS ETF) are both exchange-traded funds - ZPDM.DE is a Materials fund tracking the S&P Materials Select Sector Daily Capped 35/20 Index, while SPYM.DE is a Emerging Markets Equities fund tracking the MSCI Emerging Markets. Both are passively managed. Over the past 10 years, ZPDM.DE returned 9.03%/yr vs 8.60%/yr for SPYM.DE. A 0.57 correlation means they provide meaningful diversification when combined. ZPDM.DE charges 0.15%/yr vs 0.18%/yr for SPYM.DE.
Performance
ZPDM.DE vs. SPYM.DE - Performance Comparison
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Returns By Period
In the year-to-date period, ZPDM.DE achieves a 13.05% return, which is significantly lower than SPYM.DE's 21.77% return. Both investments have delivered pretty close results over the past 10 years, with ZPDM.DE having a 9.03% annualized return and SPYM.DE not far behind at 8.60%.
ZPDM.DE
- 1D
- 0.50%
- 1M
- -2.06%
- 6M
- 4.76%
- YTD
- 13.05%
- 1Y
- 18.63%
- 3Y*
- 7.66%
- 5Y*
- 6.76%
- 10Y*
- 9.03%
SPYM.DE
- 1D
- -1.39%
- 1M
- -5.08%
- 6M
- 12.97%
- YTD
- 21.77%
- 1Y
- 38.45%
- 3Y*
- 19.46%
- 5Y*
- 7.53%
- 10Y*
- 8.60%
ZPDM.DE vs. SPYM.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ZPDM.DE State Street SPDR S&P U.S. Materials Select Sector UCITS ETF (Acc) | 13.05% | -1.09% | 5.46% | 8.56% | -7.02% | 39.56% | 8.20% | 25.61% | -11.15% | 8.19% |
SPYM.DE SPDR MSCI Emerging Markets UCITS ETF | 21.77% | 19.06% | 14.05% | 6.05% | -14.90% | 5.28% | 6.27% | 22.31% | -11.26% | 19.74% |
Correlation
The correlation between ZPDM.DE and SPYM.DE is 0.43, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.43 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.45 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.48 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.54 |
Correlation (All Time) Calculated using the full available price history since Jul 7, 2015 | 0.57 |
The correlation between ZPDM.DE and SPYM.DE shifts across timeframes, from 0.43 (1 year) to 0.57 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
ZPDM.DE vs. SPYM.DE — Risk / Return Rank
ZPDM.DE
SPYM.DE
ZPDM.DE vs. SPYM.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for State Street SPDR S&P U.S. Materials Select Sector UCITS ETF (Acc) (ZPDM.DE) and SPDR MSCI Emerging Markets UCITS ETF (SPYM.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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| ZPDM.DE | SPYM.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.72 | ||
| Sortino ratioReturn per unit of downside risk | -0.84 | ||
| Omega ratioGain probability vs. loss probability | 1.20 | 1.34 | -0.14 |
| Calmar ratioReturn relative to maximum drawdown | 1.85 | 3.69 | -1.83 |
| Martin ratioReturn relative to average drawdown | 5.48 | 10.99 | -5.51 |
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Drawdowns
ZPDM.DE vs. SPYM.DE - Drawdown Comparison
The maximum ZPDM.DE drawdown since its inception was -34.87%, smaller than the maximum SPYM.DE drawdown of -44.83%. Use the drawdown chart below to compare losses from any high point for ZPDM.DE and SPYM.DE.
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Drawdown Indicators
| ZPDM.DE | SPYM.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -34.87% | -44.83% | +9.96% |
Max Drawdown (1Y)Largest decline over 1 year | -10.01% | -10.38% | +0.37% |
Max Drawdown (3Y)Largest decline over 3 years | -24.39% | -18.95% | -5.44% |
Max Drawdown (5Y)Largest decline over 5 years | -24.39% | -23.25% | -1.14% |
Max Drawdown (10Y)Largest decline over 10 years | -34.87% | -31.69% | -3.18% |
Current DrawdownCurrent decline from peak | -3.11% | -9.45% | +6.34% |
Average DrawdownAverage peak-to-trough decline | -7.34% | -17.58% | +10.24% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.39% | 3.49% | -0.10% |
Volatility
ZPDM.DE vs. SPYM.DE - Volatility Comparison
The current volatility for State Street SPDR S&P U.S. Materials Select Sector UCITS ETF (Acc) (ZPDM.DE) is 5.17%, while SPDR MSCI Emerging Markets UCITS ETF (SPYM.DE) has a volatility of 8.56%. This indicates that ZPDM.DE experiences smaller price fluctuations and is considered to be less risky than SPYM.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ZPDM.DE | SPYM.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.17% | 8.56% | -3.39% |
Volatility (6M)Calculated over the trailing 6-month period | 12.66% | 17.83% | -5.17% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.08% | 20.33% | -4.25% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.29% | 17.33% | -0.04% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.51% | 18.53% | +0.98% |
ZPDM.DE vs. SPYM.DE - Expense Ratio Comparison
ZPDM.DE has a 0.15% expense ratio, which is lower than SPYM.DE's 0.18% 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
ZPDM.DE vs. SPYM.DE - Dividend Comparison
Neither ZPDM.DE nor SPYM.DE has paid dividends to shareholders.
Frequently Asked Questions
ZPDM.DE and SPYM.DE have a correlation of 0.43, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, ZPDM.DE is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.
ZPDM.DE is cheaper with a 0.15% expense ratio, compared with 0.18% for SPYM.DE.
ZPDM.DE is categorized as Materials, while SPYM.DE is Emerging Markets Equities. ZPDM.DE tracks S&P Materials Select Sector Daily Capped 35/20 Index, while SPYM.DE tracks MSCI Emerging Markets. Their fees differ too: 0.15% for ZPDM.DE and 0.18% for SPYM.DE.
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