ZPR5.DE vs. XQUA.DE
ZPR5.DE (SPDR ICE BofA 0-5 Year EM USD Government Bond UCITS ETF) and XQUA.DE (Xtrackers ESG USD Emerging Markets Bond Quality Weighted UCITS ETF 1D) are both Emerging Markets Bonds funds - ZPR5.DE tracks the ICE BofA Emerging Markets USD Government Bond 0-5 ex-144a while XQUA.DE tracks the JPM EMBI Global Diversified TR USD. Both are passively managed. Over the past 10 years, ZPR5.DE returned 2.25%/yr vs 1.37%/yr for XQUA.DE. A 0.74 correlation means they provide meaningful diversification when combined. ZPR5.DE charges 0.42%/yr vs 0.45%/yr for XQUA.DE.
Performance
ZPR5.DE vs. XQUA.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, ZPR5.DE achieves a 2.14% return, which is significantly higher than XQUA.DE's 1.67% return. Over the past 10 years, ZPR5.DE has outperformed XQUA.DE with an annualized return of 2.25%, while XQUA.DE has yielded a comparatively lower 1.37% annualized return.
ZPR5.DE
- 1D
- -0.10%
- 1M
- 0.89%
- YTD
- 2.14%
- 6M
- 1.74%
- 1Y
- 3.56%
- 3Y*
- 3.25%
- 5Y*
- 3.18%
- 10Y*
- 2.25%
XQUA.DE
- 1D
- -0.04%
- 1M
- 1.14%
- YTD
- 1.67%
- 6M
- 0.76%
- 1Y
- 5.29%
- 3Y*
- 1.89%
- 5Y*
- 0.43%
- 10Y*
- 1.37%
ZPR5.DE vs. XQUA.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ZPR5.DE SPDR ICE BofA 0-5 Year EM USD Government Bond UCITS ETF | 2.14% | -4.12% | 11.04% | 2.52% | -1.06% | 7.98% | -6.72% | 8.14% | 4.71% | -8.80% |
XQUA.DE Xtrackers ESG USD Emerging Markets Bond Quality Weighted UCITS ETF 1D | 1.67% | -1.83% | 4.80% | 3.61% | -12.81% | 6.04% | -3.38% | 17.25% | 0.48% | -5.38% |
Correlation
The correlation between ZPR5.DE and XQUA.DE is 0.80, 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 | 0.80 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.70 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.70 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.74 |
Correlation (All Time) Calculated using the full available price history since Apr 13, 2016 | 0.74 |
The correlation between ZPR5.DE and XQUA.DE has been stable across timeframes, ranging from 0.70 to 0.80 - 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
ZPR5.DE vs. XQUA.DE — Risk / Return Rank
ZPR5.DE
XQUA.DE
ZPR5.DE vs. XQUA.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR ICE BofA 0-5 Year EM USD Government Bond UCITS ETF (ZPR5.DE) and Xtrackers ESG USD Emerging Markets Bond Quality Weighted UCITS ETF 1D (XQUA.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.
| ZPR5.DE | XQUA.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.25 | ||
| Sortino ratioReturn per unit of downside risk | -0.38 | ||
| Omega ratioGain probability vs. loss probability | 1.11 | 1.16 | -0.05 |
| Calmar ratioReturn relative to maximum drawdown | 1.11 | 1.28 | -0.17 |
| Martin ratioReturn relative to average drawdown | 2.73 | 3.54 | -0.82 |
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
| ZPR5.DE | XQUA.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.65 | 0.91 | -0.25 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.45 | 0.05 | +0.40 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.31 | 0.15 | +0.16 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.39 | 0.16 | +0.23 |
Drawdowns
ZPR5.DE vs. XQUA.DE - Drawdown Comparison
The maximum ZPR5.DE drawdown since its inception was -14.48%, smaller than the maximum XQUA.DE drawdown of -20.18%. Use the drawdown chart below to compare losses from any high point for ZPR5.DE and XQUA.DE.
Loading charts...
Drawdown Indicators
| ZPR5.DE | XQUA.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -14.48% | -20.18% | +5.70% |
Max Drawdown (1Y)Largest decline over 1 year | -3.21% | -4.12% | +0.91% |
Max Drawdown (3Y)Largest decline over 3 years | -9.72% | -11.44% | +1.72% |
Max Drawdown (5Y)Largest decline over 5 years | -9.92% | -16.68% | +6.76% |
Max Drawdown (10Y)Largest decline over 10 years | -14.48% | -20.18% | +5.70% |
Current DrawdownCurrent decline from peak | -4.28% | -8.97% | +4.69% |
Average DrawdownAverage peak-to-trough decline | -4.88% | -8.61% | +3.73% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.30% | 1.49% | -0.19% |
Volatility
ZPR5.DE vs. XQUA.DE - Volatility Comparison
The current volatility for SPDR ICE BofA 0-5 Year EM USD Government Bond UCITS ETF (ZPR5.DE) is 0.96%, while Xtrackers ESG USD Emerging Markets Bond Quality Weighted UCITS ETF 1D (XQUA.DE) has a volatility of 1.13%. This indicates that ZPR5.DE experiences smaller price fluctuations and is considered to be less risky than XQUA.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| ZPR5.DE | XQUA.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.96% | 1.13% | -0.17% |
Volatility (6M)Calculated over the trailing 6-month period | 3.56% | 3.85% | -0.29% |
Volatility (1Y)Calculated over the trailing 1-year period | 5.43% | 5.82% | -0.39% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.04% | 8.31% | -1.27% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 7.20% | 8.85% | -1.65% |
ZPR5.DE vs. XQUA.DE - Expense Ratio Comparison
ZPR5.DE has a 0.42% expense ratio, which is lower than XQUA.DE's 0.45% expense ratio.
Dividends
ZPR5.DE vs. XQUA.DE - Dividend Comparison
ZPR5.DE's dividend yield for the trailing twelve months is around 4.83%, more than XQUA.DE's 3.90% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
XQUA.DE Xtrackers ESG USD Emerging Markets Bond Quality Weighted UCITS ETF 1D | 3.90% | 4.38% | 4.01% | 4.02% | 6.75% | 3.16% | 4.33% | 3.72% | 2.50% | 3.53% | 0.00% | 0.00% |
ZPR5.DE SPDR ICE BofA 0-5 Year EM USD Government Bond UCITS ETF | 4.83% | 5.10% | 4.16% | 3.16% | 2.54% | 2.63% | 3.53% | 3.34% | 2.73% | 3.18% | 2.72% | 1.83% |
Frequently Asked Questions
ZPR5.DE and XQUA.DE have a correlation of 0.80, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, ZPR5.DE is cheaper at 0.42% per year. The better choice depends on whether you care most about return, fees, risk, or income.
ZPR5.DE is cheaper with a 0.42% expense ratio, compared with 0.45% for XQUA.DE.
ZPR5.DE tracks ICE BofA Emerging Markets USD Government Bond 0-5 ex-144a, while XQUA.DE tracks JPM EMBI Global Diversified TR USD. They also come from different issuers: State Street and Xtrackers. Their fees differ too: 0.42% for ZPR5.DE and 0.45% for XQUA.DE.
Find the right allocation for ZPR5.DE and XQUA.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