ZPRI.DE vs. IQQ0.DE

Last updated Apr 3, 2026

Compare and contrast key facts about SPDR Morningstar Multi-Asset Global Infrastructure UCITS ETF (ZPRI.DE) and iShares Edge MSCI World Minimum Volatility UCITS ETF USD (Acc) (IQQ0.DE).

ZPRI.DE and IQQ0.DE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. ZPRI.DE is a passively managed fund by State Street that tracks the performance of the Morningstar Global Multi-Asset Infrastructure. It was launched on Apr 14, 2015. IQQ0.DE is a passively managed fund by iShares that tracks the performance of the MSCI World Minimum Volatility. It was launched on Nov 30, 2012. Both ZPRI.DE and IQQ0.DE 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

ZPRI.DE vs. IQQ0.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in SPDR Morningstar Multi-Asset Global Infrastructure UCITS ETF (ZPRI.DE) and iShares Edge MSCI World Minimum Volatility UCITS ETF USD (Acc) (IQQ0.DE). The values are adjusted to include any dividend payments, if applicable.

ZPRI.DE vs. IQQ0.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
ZPRI.DE SPDR Morningstar Multi-Asset Global Infrastructure UCITS ETF	5.90%	1.93%	8.86%	3.55%	-7.90%	14.37%	-1.90%	20.65%	1.74%	-1.34%
IQQ0.DE iShares Edge MSCI World Minimum Volatility UCITS ETF USD (Acc)	1.44%	-1.26%	17.64%	3.73%	-4.34%	24.26%	-6.77%	26.17%	2.03%	3.11%

Returns By Period

In the year-to-date period, ZPRI.DE achieves a 5.90% return, which is significantly higher than IQQ0.DE's 1.44% return. Over the past 10 years, ZPRI.DE has underperformed IQQ0.DE with an annualized return of 5.22%, while IQQ0.DE has yielded a comparatively higher 7.08% annualized return.

ZPRI.DE

• 1D: 0.98%
• 1M: -0.81%
• YTD: 5.90%
• 6M: 7.62%
• 1Y: 8.09%
• 3Y*: 6.60%
• 5Y*: 4.06%
• 10Y*: 5.22%

IQQ0.DE

• 1D: 0.22%
• 1M: -2.38%
• YTD: 1.44%
• 6M: 1.58%
• 1Y: -3.58%
• 3Y*: 6.94%
• 5Y*: 6.44%
• 10Y*: 7.08%

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

ZPRI.DE vs. IQQ0.DE - Expense Ratio Comparison

ZPRI.DE has a 0.40% expense ratio, which is higher than IQQ0.DE's 0.30% expense ratio.

ZPRI.DE

SPDR Morningstar Multi-Asset Global Infrastructure UCITS ETF

IQQ0.DE

iShares Edge MSCI World Minimum Volatility UCITS ETF USD (Acc)

Return for Risk

ZPRI.DE vs. IQQ0.DE — Risk / Return Rank

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

ZPRI.DE

ZPRI.DE Risk / Return Rank: 44
ZPRI.DE Sharpe Ratio Rank: 44
ZPRI.DE Sortino Ratio Rank: 38
ZPRI.DE Omega Ratio Rank: 38
ZPRI.DE Calmar Ratio Rank: 49
ZPRI.DE Martin Ratio Rank: 50

IQQ0.DE

IQQ0.DE Risk / Return Rank: 5
IQQ0.DE Sharpe Ratio Rank: 6
IQQ0.DE Sortino Ratio Rank: 5
IQQ0.DE Omega Ratio Rank: 5
IQQ0.DE Calmar Ratio Rank: 5
IQQ0.DE Martin Ratio Rank: 3

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.

ZPRI.DE vs. IQQ0.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SPDR Morningstar Multi-Asset Global Infrastructure UCITS ETF (ZPRI.DE) and iShares Edge MSCI World Minimum Volatility UCITS ETF USD (Acc) (IQQ0.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.

	ZPRI.DE	IQQ0.DE	Difference
Sharpe ratio Return per unit of total volatility	0.87	-0.37	+1.25
Sortino ratio Return per unit of downside risk	1.17	-0.42	+1.60
Omega ratio Gain probability vs. loss probability	1.17	0.94	+0.23
Calmar ratio Return relative to maximum drawdown	1.55	-0.43	+1.98
Martin ratio Return relative to average drawdown	5.92	-1.05	+6.97
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ZPRI.DE vs. IQQ0.DE - Sharpe Ratio Comparison

The current ZPRI.DE Sharpe Ratio is 0.87, which is higher than the IQQ0.DE Sharpe Ratio of -0.37. The chart below compares the historical Sharpe Ratios of ZPRI.DE and IQQ0.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.

Sharpe Ratios by Period

	ZPRI.DE	IQQ0.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.87	-0.37	+1.25
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.40	0.63	-0.23
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.53	0.60	-0.08
Sharpe Ratio (All Time) Calculated using the full available price history	0.39	0.77	-0.37

Correlation

The correlation between ZPRI.DE and IQQ0.DE is 0.59, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

ZPRI.DE vs. IQQ0.DE - Dividend Comparison

ZPRI.DE's dividend yield for the trailing twelve months is around 2.89%, while IQQ0.DE has not paid dividends to shareholders.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ZPRI.DE SPDR Morningstar Multi-Asset Global Infrastructure UCITS ETF	2.89%	2.99%	2.76%	2.78%	2.54%	1.89%	2.23%	2.29%	2.18%	2.36%	2.21%	1.19%
IQQ0.DE iShares Edge MSCI World Minimum Volatility UCITS ETF USD (Acc)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

ZPRI.DE vs. IQQ0.DE - Drawdown Comparison

The maximum ZPRI.DE drawdown since its inception was -22.84%, smaller than the maximum IQQ0.DE drawdown of -28.65%. Use the drawdown chart below to compare losses from any high point for ZPRI.DE and IQQ0.DE.

Drawdown Indicators

	ZPRI.DE	IQQ0.DE	Difference
Max Drawdown Largest peak-to-trough decline	-22.84%	-28.65%	+5.81%
Max Drawdown (1Y) Largest decline over 1 year	-6.51%	-8.24%	+1.73%
Max Drawdown (5Y) Largest decline over 5 years	-14.82%	-12.82%	-2.00%
Max Drawdown (10Y) Largest decline over 10 years	-22.84%	-28.65%	+5.81%
Current Drawdown Current decline from peak	-1.13%	-6.80%	+5.67%
Average Drawdown Average peak-to-trough decline	-4.96%	-4.51%	-0.45%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.48%	3.41%	-1.93%

Volatility

ZPRI.DE vs. IQQ0.DE - Volatility Comparison

SPDR Morningstar Multi-Asset Global Infrastructure UCITS ETF (ZPRI.DE) has a higher volatility of 3.12% compared to iShares Edge MSCI World Minimum Volatility UCITS ETF USD (Acc) (IQQ0.DE) at 2.66%. This indicates that ZPRI.DE's price experiences larger fluctuations and is considered to be riskier than IQQ0.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ZPRI.DE	IQQ0.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.12%	2.66%	+0.46%
Volatility (6M) Calculated over the trailing 6-month period	5.03%	5.37%	-0.34%
Volatility (1Y) Calculated over the trailing 1-year period	9.25%	11.07%	-1.82%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	9.96%	10.10%	-0.14%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	10.92%	11.65%	-0.73%