ZPDT.DE vs. CBUT.DE
ZPDT.DE (SPDR S&P US Technology Select Sector UCITS ETF) and CBUT.DE (iShares Blockchain Technology UCITS ETF USD (Acc)) are both Technology Equities funds - ZPDT.DE tracks the S&P Technology Select Sector while CBUT.DE tracks the NYSE FactSet Global Blockchain Technologies Capped. Both are passively managed. Over the past 3 years, ZPDT.DE returned 26.33%/yr vs 44.53%/yr for CBUT.DE. A 0.51 correlation means they provide meaningful diversification when combined. ZPDT.DE charges 0.15%/yr vs 0.50%/yr for CBUT.DE.
Performance
ZPDT.DE vs. CBUT.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, ZPDT.DE achieves a 24.09% return, which is significantly lower than CBUT.DE's 26.50% return.
ZPDT.DE
- 1D
- -2.28%
- 1M
- 13.81%
- YTD
- 24.09%
- 6M
- 23.15%
- 1Y
- 49.52%
- 3Y*
- 26.33%
- 5Y*
- 22.38%
- 10Y*
- 24.05%
CBUT.DE
- 1D
- -3.41%
- 1M
- 10.12%
- YTD
- 26.50%
- 6M
- 11.21%
- 1Y
- 63.22%
- 3Y*
- 44.53%
- 5Y*
- —
- 10Y*
- —
ZPDT.DE vs. CBUT.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
ZPDT.DE SPDR S&P US Technology Select Sector UCITS ETF | 24.09% | 11.31% | 29.30% | 52.02% | -6.16% |
CBUT.DE iShares Blockchain Technology UCITS ETF USD (Acc) | 26.50% | 13.17% | 12.43% | 235.40% | -36.41% |
Correlation
The correlation between ZPDT.DE and CBUT.DE is 0.58, 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 | 0.58 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.49 |
Correlation (All Time) Calculated using the full available price history since Oct 20, 2022 | 0.51 |
The correlation between ZPDT.DE and CBUT.DE has been stable across timeframes, ranging from 0.49 to 0.58 - a consistent structural relationship.
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
ZPDT.DE vs. CBUT.DE — Risk / Return Rank
ZPDT.DE
CBUT.DE
ZPDT.DE vs. CBUT.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR S&P US Technology Select Sector UCITS ETF (ZPDT.DE) and iShares Blockchain Technology UCITS ETF USD (Acc) (CBUT.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.
| ZPDT.DE | CBUT.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.21 | ||
| Sortino ratioReturn per unit of downside risk | +1.36 | ||
| Omega ratioGain probability vs. loss probability | 1.39 | 1.21 | +0.18 |
| Calmar ratioReturn relative to maximum drawdown | 3.19 | 1.46 | +1.73 |
| Martin ratioReturn relative to average drawdown | 8.35 | 2.77 | +5.58 |
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
| ZPDT.DE | CBUT.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.43 | 1.22 | +1.21 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.99 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 1.12 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.03 | 0.67 | +0.36 |
Drawdowns
ZPDT.DE vs. CBUT.DE - Drawdown Comparison
The maximum ZPDT.DE drawdown since its inception was -31.48%, smaller than the maximum CBUT.DE drawdown of -53.95%. Use the drawdown chart below to compare losses from any high point for ZPDT.DE and CBUT.DE.
Loading charts...
Drawdown Indicators
| ZPDT.DE | CBUT.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -31.48% | -53.95% | +22.47% |
Max Drawdown (1Y)Largest decline over 1 year | -15.47% | -43.09% | +27.62% |
Max Drawdown (3Y)Largest decline over 3 years | -29.50% | -53.95% | +24.45% |
Max Drawdown (5Y)Largest decline over 5 years | -29.50% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -31.48% | — | — |
Current DrawdownCurrent decline from peak | -3.09% | -14.86% | +11.77% |
Average DrawdownAverage peak-to-trough decline | -5.68% | -19.96% | +14.28% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.91% | 22.75% | -16.84% |
Volatility
ZPDT.DE vs. CBUT.DE - Volatility Comparison
The current volatility for SPDR S&P US Technology Select Sector UCITS ETF (ZPDT.DE) is 7.06%, while iShares Blockchain Technology UCITS ETF USD (Acc) (CBUT.DE) has a volatility of 14.16%. This indicates that ZPDT.DE experiences smaller price fluctuations and is considered to be less risky than CBUT.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| ZPDT.DE | CBUT.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.06% | 14.16% | -7.10% |
Volatility (6M)Calculated over the trailing 6-month period | 14.78% | 36.13% | -21.35% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.30% | 51.55% | -31.25% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.33% | 60.46% | -38.13% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.38% | 60.46% | -39.08% |
ZPDT.DE vs. CBUT.DE - Expense Ratio Comparison
ZPDT.DE has a 0.15% expense ratio, which is lower than CBUT.DE's 0.50% expense ratio.
Dividends
ZPDT.DE vs. CBUT.DE - Dividend Comparison
Neither ZPDT.DE nor CBUT.DE has paid dividends to shareholders.
Frequently Asked Questions
ZPDT.DE and CBUT.DE have a correlation of 0.58, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, ZPDT.DE is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.
ZPDT.DE is cheaper with a 0.15% expense ratio, compared with 0.50% for CBUT.DE.
ZPDT.DE tracks S&P Technology Select Sector, while CBUT.DE tracks NYSE FactSet Global Blockchain Technologies Capped. They also come from different issuers: State Street and iShares. Their fees differ too: 0.15% for ZPDT.DE and 0.50% for CBUT.DE.
Find the right allocation for ZPDT.DE and CBUT.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