ZPRA.DE vs. ESGP.DE

Last updated Jun 5, 2026

ZPRA.DE (SPDR S&P Pan Asia Dividend Aristocrats UCITS ETF (Dist)) and ESGP.DE (HANetf AuAg ESG Gold Mining UCITS ETF) are both Asia Pacific Equities funds - ZPRA.DE tracks the S&P Pan Asia Dividend Aristocrats while ESGP.DE tracks the MSCI Pacific Ex Japan NR USD. Both are passively managed. Over the past 3 years, ZPRA.DE returned 10.45%/yr vs 9.26%/yr for ESGP.DE. A 0.72 correlation means they provide meaningful diversification when combined. ZPRA.DE charges 0.55%/yr vs 0.60%/yr for ESGP.DE.

Performance

ZPRA.DE vs. ESGP.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in SPDR S&P Pan Asia Dividend Aristocrats UCITS ETF (Dist) (ZPRA.DE) and HANetf AuAg ESG Gold Mining UCITS ETF (ESGP.DE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ZPRA.DE achieves a 4.42% return, which is significantly lower than ESGP.DE's 6.87% return.

ZPRA.DE

• 1D: -0.22%
• 1M: 0.47%
• YTD: 4.42%
• 6M: 3.08%
• 1Y: 10.80%
• 3Y*: 10.45%
• 5Y*: 5.15%
• 10Y*: 6.59%

ESGP.DE

• 1D: -0.72%
• 1M: -0.42%
• YTD: 6.87%
• 6M: 8.16%
• 1Y: 11.61%
• 3Y*: 9.26%
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

ZPRA.DE vs. ESGP.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
ZPRA.DE SPDR S&P Pan Asia Dividend Aristocrats UCITS ETF (Dist)	4.42%	9.80%	11.25%	11.54%	-10.70%	2.82%
ESGP.DE HANetf AuAg ESG Gold Mining UCITS ETF	6.87%	5.79%	12.94%	2.10%	-2.36%	2.35%

Correlation

The correlation between ZPRA.DE and ESGP.DE is 0.69, 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	0.69
Correlation (3Y) Calculated over the trailing 3-year period	0.71
Correlation (All Time) Calculated using the full available price history since Aug 30, 2021	0.72

The correlation between ZPRA.DE and ESGP.DE has been stable across timeframes, ranging from 0.69 to 0.72 - a consistent structural relationship.

Return for Risk

ZPRA.DE vs. ESGP.DE — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

ZPRA.DE

ZPRA.DE Risk / Return Rank: 34
ZPRA.DE Sharpe Ratio Rank: 31
ZPRA.DE Sortino Ratio Rank: 32
ZPRA.DE Omega Ratio Rank: 31
ZPRA.DE Calmar Ratio Rank: 40
ZPRA.DE Martin Ratio Rank: 34

ESGP.DE

ESGP.DE Risk / Return Rank: 32
ESGP.DE Sharpe Ratio Rank: 29
ESGP.DE Sortino Ratio Rank: 29
ESGP.DE Omega Ratio Rank: 27
ESGP.DE Calmar Ratio Rank: 38
ESGP.DE Martin Ratio Rank: 35

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

ZPRA.DE vs. ESGP.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SPDR S&P Pan Asia Dividend Aristocrats UCITS ETF (Dist) (ZPRA.DE) and HANetf AuAg ESG Gold Mining UCITS ETF (ESGP.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.

	ZPRA.DE	ESGP.DE	Difference
Sharpe ratio: Return per unit of total volatility	1.11	1.02	+0.09
Sortino ratio: Return per unit of downside risk	1.68	1.56	+0.12
Omega ratio: Gain probability vs. loss probability	1.20	1.18	+0.02
Calmar ratio: Return relative to maximum drawdown	1.93	1.83	+0.10
Martin ratio: Return relative to average drawdown	5.05	5.36	-0.31
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ZPRA.DE vs. ESGP.DE - Sharpe Ratio Comparison

The current ZPRA.DE Sharpe Ratio is 1.11, which is comparable to the ESGP.DE Sharpe Ratio of 1.02. The chart below compares the historical Sharpe Ratios of ZPRA.DE and ESGP.DE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	ZPRA.DE	ESGP.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.11	1.02	+0.09
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.39	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.46	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.41	0.39	+0.02

Drawdowns

ZPRA.DE vs. ESGP.DE - Drawdown Comparison

The maximum ZPRA.DE drawdown since its inception was -31.54%, which is greater than ESGP.DE's maximum drawdown of -20.50%. Use the drawdown chart below to compare losses from any high point for ZPRA.DE and ESGP.DE.

Drawdown Indicators

	ZPRA.DE	ESGP.DE	Difference
Max Drawdown Largest peak-to-trough decline	-31.54%	-20.50%	-11.04%
Max Drawdown (1Y) Largest decline over 1 year	-5.57%	-6.31%	+0.74%
Max Drawdown (3Y) Largest decline over 3 years	-13.55%	-20.50%	+6.95%
Max Drawdown (5Y) Largest decline over 5 years	-21.66%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-31.54%	—	—
Current Drawdown Current decline from peak	-2.76%	-2.57%	-0.19%
Average Drawdown Average peak-to-trough decline	-6.47%	-5.31%	-1.16%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.13%	2.16%	-0.03%

Volatility

ZPRA.DE vs. ESGP.DE - Volatility Comparison

The current volatility for SPDR S&P Pan Asia Dividend Aristocrats UCITS ETF (Dist) (ZPRA.DE) is 2.71%, while HANetf AuAg ESG Gold Mining UCITS ETF (ESGP.DE) has a volatility of 3.24%. This indicates that ZPRA.DE experiences smaller price fluctuations and is considered to be less risky than ESGP.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ZPRA.DE	ESGP.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.71%	3.24%	-0.53%
Volatility (6M) Calculated over the trailing 6-month period	7.42%	8.68%	-1.26%
Volatility (1Y) Calculated over the trailing 1-year period	9.67%	11.29%	-1.62%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.92%	14.54%	-1.62%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.47%	14.54%	-0.07%

ZPRA.DE vs. ESGP.DE - Expense Ratio Comparison

ZPRA.DE has a 0.55% expense ratio, which is lower than ESGP.DE's 0.60% expense ratio.

Dividends

ZPRA.DE vs. ESGP.DE - Dividend Comparison

ZPRA.DE's dividend yield for the trailing twelve months is around 2.87%, while ESGP.DE has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ESGP.DE HANetf AuAg ESG Gold Mining UCITS ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
ZPRA.DE SPDR S&P Pan Asia Dividend Aristocrats UCITS ETF (Dist)	2.87%	3.01%	2.98%	2.92%	3.64%	4.00%	3.04%	2.62%	2.41%	1.78%	2.25%	3.17%

Frequently Asked Questions

Can I hold both ZPRA.DE and ESGP.DE in my portfolio?

ZPRA.DE and ESGP.DE have a correlation of 0.69, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, ZPRA.DE or ESGP.DE?

On fees, ZPRA.DE is cheaper at 0.55% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, ZPRA.DE or ESGP.DE?

ZPRA.DE is cheaper with a 0.55% expense ratio, compared with 0.60% for ESGP.DE.

What is the main difference between ZPRA.DE and ESGP.DE?

ZPRA.DE tracks S&P Pan Asia Dividend Aristocrats, while ESGP.DE tracks MSCI Pacific Ex Japan NR USD. They also come from different issuers: State Street and Invesco. Their fees differ too: 0.55% for ZPRA.DE and 0.60% for ESGP.DE.