ZPRD.DE vs. EUPE.DE

Last updated Jun 5, 2026

ZPRD.DE (SPDR FTSE UK All Share UCITS ETF) and EUPE.DE (Ossiam Shiller Barclays CAPE® Europe Sector Value TR UCITS ETF 1C (EUR)) are both Europe Equities funds - ZPRD.DE tracks the FTSE All-Share while EUPE.DE tracks the Shiller Barclays CAPE® Europe Sector Value. Both are passively managed. Over the past 5 years, ZPRD.DE returned 10.23%/yr vs 8.60%/yr for EUPE.DE. A 0.79 correlation means they provide meaningful diversification when combined. ZPRD.DE charges 0.20%/yr vs 0.65%/yr for EUPE.DE.

Performance

ZPRD.DE vs. EUPE.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in SPDR FTSE UK All Share UCITS ETF (ZPRD.DE) and Ossiam Shiller Barclays CAPE® Europe Sector Value TR UCITS ETF 1C (EUR) (EUPE.DE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ZPRD.DE achieves a 5.97% return, which is significantly lower than EUPE.DE's 15.44% return.

ZPRD.DE

• 1D: 0.37%
• 1M: 2.17%
• YTD: 5.97%
• 6M: 8.29%
• 1Y: 20.39%
• 3Y*: 14.10%
• 5Y*: 10.23%
• 10Y*: —

EUPE.DE

• 1D: 0.35%
• 1M: 2.78%
• YTD: 15.44%
• 6M: 15.60%
• 1Y: 24.52%
• 3Y*: 11.71%
• 5Y*: 8.60%
• 10Y*: 8.97%

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

ZPRD.DE vs. EUPE.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
ZPRD.DE SPDR FTSE UK All Share UCITS ETF	5.97%	23.92%	8.36%	8.17%	-0.15%	15.48%	-8.93%	22.45%	-7.86%
EUPE.DE Ossiam Shiller Barclays CAPE® Europe Sector Value TR UCITS ETF 1C (EUR)	15.44%	12.45%	2.14%	12.84%	-6.14%	25.64%	2.80%	24.48%	-6.48%

Correlation

The correlation between ZPRD.DE and EUPE.DE is 0.63, 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	0.63
Correlation (3Y) Calculated over the trailing 3-year period	0.72
Correlation (5Y) Calculated over the trailing 5-year period	0.77
Correlation (All Time) Calculated using the full available price history since Apr 30, 2018	0.79

The correlation between ZPRD.DE and EUPE.DE shifts across timeframes, from 0.63 (1 year) to 0.79 (all time), reflecting how their relationship changes across market environments.

Return for Risk

ZPRD.DE vs. EUPE.DE — Risk / Return Rank

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

ZPRD.DE

ZPRD.DE Risk / Return Rank: 53
ZPRD.DE Sharpe Ratio Rank: 56
ZPRD.DE Sortino Ratio Rank: 57
ZPRD.DE Omega Ratio Rank: 57
ZPRD.DE Calmar Ratio Rank: 47
ZPRD.DE Martin Ratio Rank: 49

EUPE.DE

EUPE.DE Risk / Return Rank: 69
EUPE.DE Sharpe Ratio Rank: 66
EUPE.DE Sortino Ratio Rank: 68
EUPE.DE Omega Ratio Rank: 63
EUPE.DE Calmar Ratio Rank: 81
EUPE.DE Martin Ratio Rank: 64

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.

ZPRD.DE vs. EUPE.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SPDR FTSE UK All Share UCITS ETF (ZPRD.DE) and Ossiam Shiller Barclays CAPE® Europe Sector Value TR UCITS ETF 1C (EUR) (EUPE.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.

	ZPRD.DE	EUPE.DE	Difference
Sharpe ratio: Return per unit of total volatility	1.87	2.17	-0.29
Sortino ratio: Return per unit of downside risk	2.67	3.09	-0.42
Omega ratio: Gain probability vs. loss probability	1.34	1.37	-0.03
Calmar ratio: Return relative to maximum drawdown	2.30	4.19	-1.89
Martin ratio: Return relative to average drawdown	7.88	11.50	-3.62
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ZPRD.DE vs. EUPE.DE - Sharpe Ratio Comparison

The current ZPRD.DE Sharpe Ratio is 1.87, which is comparable to the EUPE.DE Sharpe Ratio of 2.17. The chart below compares the historical Sharpe Ratios of ZPRD.DE and EUPE.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

	ZPRD.DE	EUPE.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.87	2.17	-0.29
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.80	0.65	+0.15
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.60	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.50	0.46	+0.04

Drawdowns

ZPRD.DE vs. EUPE.DE - Drawdown Comparison

The maximum ZPRD.DE drawdown since its inception was -35.32%, which is greater than EUPE.DE's maximum drawdown of -32.64%. Use the drawdown chart below to compare losses from any high point for ZPRD.DE and EUPE.DE.

Drawdown Indicators

	ZPRD.DE	EUPE.DE	Difference
Max Drawdown Largest peak-to-trough decline	-35.32%	-32.64%	-2.68%
Max Drawdown (1Y) Largest decline over 1 year	-8.84%	-5.82%	-3.02%
Max Drawdown (3Y) Largest decline over 3 years	-13.17%	-15.63%	+2.46%
Max Drawdown (5Y) Largest decline over 5 years	-13.17%	-15.63%	+2.46%
Max Drawdown (10Y) Largest decline over 10 years	—	-32.64%	—
Current Drawdown Current decline from peak	-3.58%	-3.04%	-0.54%
Average Drawdown Average peak-to-trough decline	-4.72%	-4.95%	+0.23%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.58%	2.13%	+0.45%

Volatility

ZPRD.DE vs. EUPE.DE - Volatility Comparison

SPDR FTSE UK All Share UCITS ETF (ZPRD.DE) and Ossiam Shiller Barclays CAPE® Europe Sector Value TR UCITS ETF 1C (EUR) (EUPE.DE) have volatilities of 3.64% and 3.64%, 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.

Volatility by Period

	ZPRD.DE	EUPE.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.64%	3.64%	0.00%
Volatility (6M) Calculated over the trailing 6-month period	9.41%	8.56%	+0.85%
Volatility (1Y) Calculated over the trailing 1-year period	10.83%	11.27%	-0.44%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.67%	13.17%	-0.50%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.23%	14.99%	+0.24%

ZPRD.DE vs. EUPE.DE - Expense Ratio Comparison

ZPRD.DE has a 0.20% expense ratio, which is lower than EUPE.DE's 0.65% expense ratio.

Dividends

ZPRD.DE vs. EUPE.DE - Dividend Comparison

ZPRD.DE's dividend yield for the trailing twelve months is around 2.69%, while EUPE.DE has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
EUPE.DE Ossiam Shiller Barclays CAPE® Europe Sector Value TR UCITS ETF 1C (EUR)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
ZPRD.DE SPDR FTSE UK All Share UCITS ETF	2.69%	2.95%	3.76%	3.34%	3.42%	3.25%	2.97%	5.37%	3.66%

Frequently Asked Questions

Can I hold both ZPRD.DE and EUPE.DE in my portfolio?

ZPRD.DE and EUPE.DE have a correlation of 0.63, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, ZPRD.DE or EUPE.DE?

On fees, ZPRD.DE is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, ZPRD.DE or EUPE.DE?

ZPRD.DE is cheaper with a 0.20% expense ratio, compared with 0.65% for EUPE.DE.

What is the main difference between ZPRD.DE and EUPE.DE?

ZPRD.DE tracks FTSE All-Share, while EUPE.DE tracks Shiller Barclays CAPE® Europe Sector Value. They also come from different issuers: State Street and Natixis. Their fees differ too: 0.20% for ZPRD.DE and 0.65% for EUPE.DE.