ZPRE.DE vs. EUDV.L

Last updated Apr 3, 2026

Compare and contrast key facts about SPDR MSCI EMU UCITS ETF (ZPRE.DE) and SPDR® S&P Euro Dividend Aristocrats UCITS ETF (EUDV.L).

ZPRE.DE and EUDV.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. ZPRE.DE is a passively managed fund by State Street that tracks the performance of the MSCI EMU. It was launched on Jan 25, 2013. EUDV.L is a passively managed fund by State Street that tracks the performance of the MSCI EMU NR EUR. It was launched on Feb 28, 2012. Both ZPRE.DE and EUDV.L are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

ZPRE.DE vs. EUDV.L - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in SPDR MSCI EMU UCITS ETF (ZPRE.DE) and SPDR® S&P Euro Dividend Aristocrats UCITS ETF (EUDV.L). The values are adjusted to include any dividend payments, if applicable.

ZPRE.DE vs. EUDV.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
ZPRE.DE SPDR MSCI EMU UCITS ETF	0.39%	24.37%	9.48%	18.70%	-11.85%	21.92%	-0.70%	27.13%	-12.82%	13.22%
EUDV.L SPDR® S&P Euro Dividend Aristocrats UCITS ETF	4.78%	19.34%	8.63%	18.03%	-10.62%	14.10%	-11.95%	23.16%	-8.14%	10.44%

Different Trading Currencies

ZPRE.DE is traded in EUR, while EUDV.L is traded in GBP. To make them comparable, the EUDV.L values have been converted to EUR using the latest available exchange rates.

Returns By Period

In the year-to-date period, ZPRE.DE achieves a 0.39% return, which is significantly lower than EUDV.L's 4.78% return. Over the past 10 years, ZPRE.DE has outperformed EUDV.L with an annualized return of 9.45%, while EUDV.L has yielded a comparatively lower 7.10% annualized return.

ZPRE.DE

• 1D: -0.07%
• 1M: -0.41%
• YTD: 0.39%
• 6M: 3.52%
• 1Y: 14.69%
• 3Y*: 13.32%
• 5Y*: 9.85%
• 10Y*: 9.45%

EUDV.L

• 1D: 0.29%
• 1M: 1.59%
• YTD: 4.78%
• 6M: 7.75%
• 1Y: 13.02%
• 3Y*: 13.96%
• 5Y*: 8.82%
• 10Y*: 7.10%

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

ZPRE.DE vs. EUDV.L - Expense Ratio Comparison

ZPRE.DE has a 0.18% expense ratio, which is lower than EUDV.L's 0.30% expense ratio.

EUDV.L

SPDR® S&P Euro Dividend Aristocrats UCITS ETF

ZPRE.DE

SPDR MSCI EMU UCITS ETF

Return for Risk

ZPRE.DE vs. EUDV.L — Risk / Return Rank

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

ZPRE.DE

ZPRE.DE Risk / Return Rank: 49
ZPRE.DE Sharpe Ratio Rank: 47
ZPRE.DE Sortino Ratio Rank: 44
ZPRE.DE Omega Ratio Rank: 44
ZPRE.DE Calmar Ratio Rank: 56
ZPRE.DE Martin Ratio Rank: 56

EUDV.L

EUDV.L Risk / Return Rank: 68
EUDV.L Sharpe Ratio Rank: 74
EUDV.L Sortino Ratio Rank: 68
EUDV.L Omega Ratio Rank: 71
EUDV.L Calmar Ratio Rank: 65
EUDV.L Martin Ratio Rank: 59

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.

ZPRE.DE vs. EUDV.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SPDR MSCI EMU UCITS ETF (ZPRE.DE) and SPDR® S&P Euro Dividend Aristocrats UCITS ETF (EUDV.L). 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.

	ZPRE.DE	EUDV.L	Difference
Sharpe ratio Return per unit of total volatility	0.91	0.99	-0.07
Sortino ratio Return per unit of downside risk	1.29	1.30	-0.01
Omega ratio Gain probability vs. loss probability	1.19	1.21	-0.02
Calmar ratio Return relative to maximum drawdown	1.77	1.73	+0.04
Martin ratio Return relative to average drawdown	6.82	5.55	+1.27
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ZPRE.DE vs. EUDV.L - Sharpe Ratio Comparison

The current ZPRE.DE Sharpe Ratio is 0.91, which is comparable to the EUDV.L Sharpe Ratio of 0.99. The chart below compares the historical Sharpe Ratios of ZPRE.DE and EUDV.L, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	ZPRE.DE	EUDV.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.91	0.99	-0.07
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.61	0.66	-0.05
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.55	0.47	+0.08
Sharpe Ratio (All Time) Calculated using the full available price history	0.51	0.54	-0.03

Correlation

The correlation between ZPRE.DE and EUDV.L is 0.83, 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

ZPRE.DE vs. EUDV.L - Dividend Comparison

ZPRE.DE has not paid dividends to shareholders, while EUDV.L's dividend yield for the trailing twelve months is around 3.62%.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ZPRE.DE SPDR MSCI EMU 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%
EUDV.L SPDR® S&P Euro Dividend Aristocrats UCITS ETF	3.62%	4.04%	3.68%	3.29%	3.56%	2.86%	3.14%	3.52%	3.71%	3.14%	2.94%	2.97%

Drawdowns

ZPRE.DE vs. EUDV.L - Drawdown Comparison

The maximum ZPRE.DE drawdown since its inception was -38.16%, roughly equal to the maximum EUDV.L drawdown of -39.03%. Use the drawdown chart below to compare losses from any high point for ZPRE.DE and EUDV.L.

Drawdown Indicators

	ZPRE.DE	EUDV.L	Difference
Max Drawdown Largest peak-to-trough decline	-38.16%	-31.64%	-6.52%
Max Drawdown (1Y) Largest decline over 1 year	-10.27%	-9.19%	-1.08%
Max Drawdown (5Y) Largest decline over 5 years	-24.48%	-22.14%	-2.34%
Max Drawdown (10Y) Largest decline over 10 years	-38.16%	-31.64%	-6.52%
Current Drawdown Current decline from peak	-6.27%	-3.92%	-2.35%
Average Drawdown Average peak-to-trough decline	-5.87%	-5.28%	-0.59%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.67%	2.60%	+0.07%

Volatility

ZPRE.DE vs. EUDV.L - Volatility Comparison

SPDR MSCI EMU UCITS ETF (ZPRE.DE) has a higher volatility of 6.17% compared to SPDR® S&P Euro Dividend Aristocrats UCITS ETF (EUDV.L) at 4.68%. This indicates that ZPRE.DE's price experiences larger fluctuations and is considered to be riskier than EUDV.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ZPRE.DE	EUDV.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.17%	4.68%	+1.49%
Volatility (6M) Calculated over the trailing 6-month period	10.15%	8.09%	+2.06%
Volatility (1Y) Calculated over the trailing 1-year period	15.99%	13.14%	+2.85%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.90%	13.41%	+2.49%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.07%	15.02%	+2.05%