ZPDT.DE vs. GXLK.L
Compare and contrast key facts about SPDR S&P US Technology Select Sector UCITS ETF (ZPDT.DE) and SPDR S&P US Technology Select Sector UCITS ETF (GXLK.L).
ZPDT.DE and GXLK.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. ZPDT.DE is a passively managed fund by State Street that tracks the performance of the S&P Technology Select Sector. It was launched on Jul 7, 2015. GXLK.L is a passively managed fund by State Street that tracks the performance of the MSCI World/Information Tech NR USD. It was launched on Jul 7, 2015. Both ZPDT.DE and GXLK.L are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ZPDT.DE or GXLK.L.
Key characteristics
| ZPDT.DE | GXLK.L | |
|---|---|---|
| YTD Return | 12.73% | 9.34% |
| 1Y Return | 25.11% | 22.19% |
| Sharpe Ratio | 1.38 | 0.59 |
| Daily Std Dev | 19.33% | 36.71% |
| Max Drawdown | -31.48% | -21.13% |
| Current Drawdown | -9.72% | -9.97% |
Correlation
The correlation between ZPDT.DE and GXLK.L is 0.93, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
ZPDT.DE vs. GXLK.L - Performance Comparison
In the year-to-date period, ZPDT.DE achieves a 12.73% return, which is significantly higher than GXLK.L's 9.34% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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ZPDT.DE vs. GXLK.L - Expense Ratio Comparison
Both ZPDT.DE and GXLK.L have an expense ratio of 0.15%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Risk-Adjusted Performance
ZPDT.DE vs. GXLK.L - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR S&P US Technology Select Sector UCITS ETF (ZPDT.DE) and SPDR S&P US Technology Select Sector UCITS ETF (GXLK.L). 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.
Dividends
ZPDT.DE vs. GXLK.L - Dividend Comparison
Neither ZPDT.DE nor GXLK.L has paid dividends to shareholders.
Drawdowns
ZPDT.DE vs. GXLK.L - Drawdown Comparison
The maximum ZPDT.DE drawdown since its inception was -31.48%, which is greater than GXLK.L's maximum drawdown of -21.13%. Use the drawdown chart below to compare losses from any high point for ZPDT.DE and GXLK.L. For additional features, visit the drawdowns tool.
Volatility
ZPDT.DE vs. GXLK.L - Volatility Comparison
SPDR S&P US Technology Select Sector UCITS ETF (ZPDT.DE) and SPDR S&P US Technology Select Sector UCITS ETF (GXLK.L) have volatilities of 7.12% and 7.11%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.