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ZPRA.DE vs. SPYW.DE
Performance
Return for Risk
Drawdowns
Volatility
Dividends

Performance

ZPRA.DE vs. SPYW.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 SPDR S&P Euro Dividend Aristocrats UCITS ETF (Dist) (SPYW.DE). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, ZPRA.DE achieves a 4.42% return, which is significantly lower than SPYW.DE's 5.36% return. Both investments have delivered pretty close results over the past 10 years, with ZPRA.DE having a 6.59% annualized return and SPYW.DE not far ahead at 6.79%.


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%

SPYW.DE

1D
0.09%
1M
-0.36%
YTD
5.36%
6M
7.28%
1Y
7.88%
3Y*
13.21%
5Y*
8.07%
10Y*
6.79%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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


2026 (YTD)202520242023202220212020201920182017
ZPRA.DE
SPDR S&P Pan Asia Dividend Aristocrats UCITS ETF (Dist)
4.42%9.80%11.25%11.54%-10.70%12.81%-9.50%24.48%-4.62%13.94%
SPYW.DE
SPDR S&P Euro Dividend Aristocrats UCITS ETF (Dist)
5.36%20.24%8.29%17.93%-11.23%14.36%-11.84%23.34%-8.58%11.23%

Correlation

The correlation between ZPRA.DE and SPYW.DE is 0.55, 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

0.55

Correlation (3Y)
Calculated over the trailing 3-year period

0.49

Correlation (5Y)
Calculated over the trailing 5-year period

0.47

Correlation (10Y)
Calculated over the trailing 10-year period

0.56

Correlation (All Time)
Calculated using the full available price history since May 20, 2013

0.54

The correlation between ZPRA.DE and SPYW.DE has been stable across timeframes, ranging from 0.47 to 0.56 - a consistent structural relationship.

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Return for Risk

ZPRA.DE vs. SPYW.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: 3434
Overall Rank
ZPRA.DE Sharpe Ratio Rank: 3131
Sharpe Ratio Rank
ZPRA.DE Sortino Ratio Rank: 3232
Sortino Ratio Rank
ZPRA.DE Omega Ratio Rank: 3131
Omega Ratio Rank
ZPRA.DE Calmar Ratio Rank: 4040
Calmar Ratio Rank
ZPRA.DE Martin Ratio Rank: 3434
Martin Ratio Rank

SPYW.DE
SPYW.DE Risk / Return Rank: 2222
Overall Rank
SPYW.DE Sharpe Ratio Rank: 2222
Sharpe Ratio Rank
SPYW.DE Sortino Ratio Rank: 2121
Sortino Ratio Rank
SPYW.DE Omega Ratio Rank: 2222
Omega Ratio Rank
SPYW.DE Calmar Ratio Rank: 2222
Calmar Ratio Rank
SPYW.DE Martin Ratio Rank: 2424
Martin Ratio Rank
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. SPYW.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 SPDR S&P Euro Dividend Aristocrats UCITS ETF (Dist) (SPYW.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.DESPYW.DEDifference
Sharpe ratioReturn per unit of total volatility

+0.38

Sortino ratioReturn per unit of downside risk

+0.61

Omega ratioGain probability vs. loss probability

1.20

1.14

+0.06

Calmar ratioReturn relative to maximum drawdown

1.93

0.98

+0.95

Martin ratioReturn relative to average drawdown

5.05

3.14

+1.91

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

The current ZPRA.DE Sharpe Ratio is 1.11, which is higher than the SPYW.DE Sharpe Ratio of 0.74. The chart below compares the historical Sharpe Ratios of ZPRA.DE and SPYW.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.


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Sharpe Ratios by Period


ZPRA.DESPYW.DEDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.11

0.74

+0.38

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.39

0.60

-0.21

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.46

0.45

0.00

Sharpe Ratio (All Time)

Calculated using the full available price history

0.41

0.53

-0.12

Drawdowns

ZPRA.DE vs. SPYW.DE - Drawdown Comparison

The maximum ZPRA.DE drawdown since its inception was -31.54%, smaller than the maximum SPYW.DE drawdown of -38.68%. Use the drawdown chart below to compare losses from any high point for ZPRA.DE and SPYW.DE.


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Drawdown Indicators


ZPRA.DESPYW.DEDifference

Max Drawdown

Largest peak-to-trough decline

-31.54%

-38.68%

+7.14%

Max Drawdown (1Y)

Largest decline over 1 year

-5.57%

-7.99%

+2.42%

Max Drawdown (3Y)

Largest decline over 3 years

-13.55%

-11.64%

-1.91%

Max Drawdown (5Y)

Largest decline over 5 years

-21.66%

-23.97%

+2.31%

Max Drawdown (10Y)

Largest decline over 10 years

-31.54%

-38.68%

+7.14%

Current Drawdown

Current decline from peak

-2.76%

-2.54%

-0.22%

Average Drawdown

Average peak-to-trough decline

-6.47%

-5.62%

-0.85%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.13%

2.50%

-0.37%

Volatility

ZPRA.DE vs. SPYW.DE - Volatility Comparison

The current volatility for SPDR S&P Pan Asia Dividend Aristocrats UCITS ETF (Dist) (ZPRA.DE) is 2.71%, while SPDR S&P Euro Dividend Aristocrats UCITS ETF (Dist) (SPYW.DE) has a volatility of 2.92%. This indicates that ZPRA.DE experiences smaller price fluctuations and is considered to be less risky than SPYW.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


ZPRA.DESPYW.DEDifference

Volatility (1M)

Calculated over the trailing 1-month period

2.71%

2.92%

-0.21%

Volatility (6M)

Calculated over the trailing 6-month period

7.42%

8.76%

-1.34%

Volatility (1Y)

Calculated over the trailing 1-year period

9.67%

10.65%

-0.98%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

12.92%

13.27%

-0.35%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

14.47%

14.88%

-0.41%

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

ZPRA.DE has a 0.55% expense ratio, which is higher than SPYW.DE's 0.30% expense ratio.


Dividends

ZPRA.DE vs. SPYW.DE - Dividend Comparison

ZPRA.DE's dividend yield for the trailing twelve months is around 2.87%, less than SPYW.DE's 3.60% yield.


PositionTTM20252024202320222021202020192018201720162015
SPYW.DE
SPDR S&P Euro Dividend Aristocrats UCITS ETF (Dist)
3.60%4.07%3.67%3.31%3.62%2.78%3.05%3.10%3.74%3.15%2.97%2.99%
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


ZPRA.DE and SPYW.DE have a correlation of 0.55, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, SPYW.DE is cheaper at 0.30% per year. The better choice depends on whether you care most about return, fees, risk, or income.

SPYW.DE is cheaper with a 0.30% expense ratio, compared with 0.55% for ZPRA.DE.

ZPRA.DE is categorized as Asia Pacific Equities, while SPYW.DE is Europe Equities. ZPRA.DE tracks S&P Pan Asia Dividend Aristocrats, while SPYW.DE tracks S&P Euro High Yield Dividend Aristocrats. Their fees differ too: 0.55% for ZPRA.DE and 0.30% for SPYW.DE.

Portfolio Optimizer

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