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ZPRC.DE vs. SPY5.DE
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

ZPRC.DE vs. SPY5.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in SPDR Refinitiv Global Convertible Bond UCITS ETF (ZPRC.DE) and SPDR S&P 500 UCITS ETF (SPY5.DE). The values are adjusted to include any dividend payments, if applicable.

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ZPRC.DE vs. SPY5.DE - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
ZPRC.DE
SPDR Refinitiv Global Convertible Bond UCITS ETF
5.86%11.36%13.71%10.51%-15.60%5.44%24.70%16.78%-1.19%-1.51%
SPY5.DE
SPDR S&P 500 UCITS ETF
-2.99%4.75%32.36%22.42%-14.24%40.60%6.73%34.93%0.25%6.69%

Returns By Period

In the year-to-date period, ZPRC.DE achieves a 5.86% return, which is significantly higher than SPY5.DE's -2.99% return. Over the past 10 years, ZPRC.DE has underperformed SPY5.DE with an annualized return of 7.77%, while SPY5.DE has yielded a comparatively higher 13.83% annualized return.


ZPRC.DE

1D
2.43%
1M
-2.45%
YTD
5.86%
6M
9.41%
1Y
18.47%
3Y*
12.71%
5Y*
4.44%
10Y*
7.77%

SPY5.DE

1D
1.71%
1M
-3.09%
YTD
-2.99%
6M
0.08%
1Y
10.22%
3Y*
16.10%
5Y*
12.10%
10Y*
13.83%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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ZPRC.DE vs. SPY5.DE - Expense Ratio Comparison

ZPRC.DE has a 0.50% expense ratio, which is higher than SPY5.DE's 0.03% expense ratio.


Return for Risk

ZPRC.DE vs. SPY5.DE — Risk / Return Rank

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

ZPRC.DE
ZPRC.DE Risk / Return Rank: 7979
Overall Rank
ZPRC.DE Sharpe Ratio Rank: 7575
Sharpe Ratio Rank
ZPRC.DE Sortino Ratio Rank: 7373
Sortino Ratio Rank
ZPRC.DE Omega Ratio Rank: 6969
Omega Ratio Rank
ZPRC.DE Calmar Ratio Rank: 9292
Calmar Ratio Rank
ZPRC.DE Martin Ratio Rank: 8989
Martin Ratio Rank

SPY5.DE
SPY5.DE Risk / Return Rank: 3636
Overall Rank
SPY5.DE Sharpe Ratio Rank: 3030
Sharpe Ratio Rank
SPY5.DE Sortino Ratio Rank: 2929
Sortino Ratio Rank
SPY5.DE Omega Ratio Rank: 3131
Omega Ratio Rank
SPY5.DE Calmar Ratio Rank: 4444
Calmar Ratio Rank
SPY5.DE Martin Ratio Rank: 4545
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.

ZPRC.DE vs. SPY5.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SPDR Refinitiv Global Convertible Bond UCITS ETF (ZPRC.DE) and SPDR S&P 500 UCITS ETF (SPY5.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.


ZPRC.DESPY5.DEDifference

Sharpe ratio

Return per unit of total volatility

1.43

0.59

+0.83

Sortino ratio

Return per unit of downside risk

1.94

0.90

+1.04

Omega ratio

Gain probability vs. loss probability

1.27

1.13

+0.14

Calmar ratio

Return relative to maximum drawdown

3.59

1.20

+2.39

Martin ratio

Return relative to average drawdown

12.18

4.39

+7.79

ZPRC.DE vs. SPY5.DE - Sharpe Ratio Comparison

The current ZPRC.DE Sharpe Ratio is 1.43, which is higher than the SPY5.DE Sharpe Ratio of 0.59. The chart below compares the historical Sharpe Ratios of ZPRC.DE and SPY5.DE, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


ZPRC.DESPY5.DEDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.43

0.59

+0.83

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.42

0.79

-0.37

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.72

0.85

-0.13

Sharpe Ratio (All Time)

Calculated using the full available price history

0.73

0.91

-0.18

Correlation

The correlation between ZPRC.DE and SPY5.DE is 0.73, 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.


Dividends

ZPRC.DE vs. SPY5.DE - Dividend Comparison

ZPRC.DE's dividend yield for the trailing twelve months is around 0.64%, less than SPY5.DE's 1.02% yield.


TTM20252024202320222021202020192018201720162015
ZPRC.DE
SPDR Refinitiv Global Convertible Bond UCITS ETF
0.64%0.68%0.46%0.23%0.24%0.16%0.32%0.41%0.36%0.51%0.61%0.69%
SPY5.DE
SPDR S&P 500 UCITS ETF
1.02%0.99%1.03%1.22%1.42%0.95%1.37%1.74%3.30%1.59%1.57%1.69%

Drawdowns

ZPRC.DE vs. SPY5.DE - Drawdown Comparison

The maximum ZPRC.DE drawdown since its inception was -23.49%, smaller than the maximum SPY5.DE drawdown of -33.86%. Use the drawdown chart below to compare losses from any high point for ZPRC.DE and SPY5.DE.


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Drawdown Indicators


ZPRC.DESPY5.DEDifference

Max Drawdown

Largest peak-to-trough decline

-23.49%

-33.86%

+10.37%

Max Drawdown (1Y)

Largest decline over 1 year

-7.58%

-13.49%

+5.91%

Max Drawdown (5Y)

Largest decline over 5 years

-20.71%

-23.34%

+2.63%

Max Drawdown (10Y)

Largest decline over 10 years

-23.49%

-33.86%

+10.37%

Current Drawdown

Current decline from peak

-2.49%

-5.19%

+2.70%

Average Drawdown

Average peak-to-trough decline

-6.09%

-3.99%

-2.10%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.59%

2.33%

-0.74%

Volatility

ZPRC.DE vs. SPY5.DE - Volatility Comparison

SPDR Refinitiv Global Convertible Bond UCITS ETF (ZPRC.DE) has a higher volatility of 5.40% compared to SPDR S&P 500 UCITS ETF (SPY5.DE) at 3.80%. This indicates that ZPRC.DE's price experiences larger fluctuations and is considered to be riskier than SPY5.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


ZPRC.DESPY5.DEDifference

Volatility (1M)

Calculated over the trailing 1-month period

5.40%

3.80%

+1.60%

Volatility (6M)

Calculated over the trailing 6-month period

9.34%

8.58%

+0.76%

Volatility (1Y)

Calculated over the trailing 1-year period

12.91%

17.17%

-4.26%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

10.56%

15.21%

-4.65%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

10.68%

16.12%

-5.44%