ZPRI.DE vs. URTH
ZPRI.DE (SPDR Morningstar Multi-Asset Global Infrastructure UCITS ETF) and URTH (iShares MSCI World ETF) are both exchange-traded funds - ZPRI.DE is a Diversified Portfolio fund tracking the Morningstar Global Multi-Asset Infrastructure, while URTH is a Global Equities fund tracking the MSCI World Index (Net). Both are passively managed. Over the past 10 years, ZPRI.DE returned 4.91%/yr vs 12.97%/yr for URTH. At a 0.44 correlation, their price movements are largely independent. ZPRI.DE charges 0.40%/yr vs 0.24%/yr for URTH.
Performance
ZPRI.DE vs. URTH - Performance Comparison
Loading charts...
Different Trading Currencies
ZPRI.DE is traded in EUR, while URTH is traded in USD. To make them comparable, the URTH values have been converted to EUR using the latest available exchange rates.
Returns By Period
In the year-to-date period, ZPRI.DE achieves a 5.11% return, which is significantly lower than URTH's 11.97% return. Over the past 10 years, ZPRI.DE has underperformed URTH with an annualized return of 4.91%, while URTH has yielded a comparatively higher 12.97% annualized return.
ZPRI.DE
- 1D
- -0.55%
- 1M
- -0.71%
- YTD
- 5.11%
- 6M
- 4.65%
- 1Y
- 8.87%
- 3Y*
- 6.15%
- 5Y*
- 3.55%
- 10Y*
- 4.91%
URTH
- 1D
- 0.36%
- 1M
- 5.08%
- YTD
- 11.97%
- 6M
- 11.62%
- 1Y
- 24.41%
- 3Y*
- 17.91%
- 5Y*
- 13.01%
- 10Y*
- 12.97%
ZPRI.DE vs. URTH - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ZPRI.DE SPDR Morningstar Multi-Asset Global Infrastructure UCITS ETF | 5.11% | 1.93% | 8.86% | 3.55% | -7.87% | 14.34% | -1.90% | 20.85% | 1.57% | -1.34% |
URTH iShares MSCI World ETF | 11.97% | 6.96% | 26.49% | 20.23% | -12.88% | 31.42% | 6.24% | 31.04% | -4.27% | 7.84% |
Correlation
The correlation between ZPRI.DE and URTH is 0.20, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.20 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.27 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.30 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.40 |
Correlation (All Time) Calculated using the full available price history since Apr 16, 2015 | 0.44 |
Over the past year, the correlation between ZPRI.DE and URTH has dropped to 0.20 - well below their long-term average of 0.44, suggesting their price drivers have been diverging.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
ZPRI.DE vs. URTH — Risk / Return Rank
ZPRI.DE
URTH
ZPRI.DE vs. URTH - 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 MSCI World ETF (URTH). 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 | URTH | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.80 | ||
| Sortino ratioReturn per unit of downside risk | -0.95 | ||
| Omega ratioGain probability vs. loss probability | 1.22 | 1.39 | -0.17 |
| Calmar ratioReturn relative to maximum drawdown | 2.62 | 3.74 | -1.12 |
| Martin ratioReturn relative to average drawdown | 7.25 | 15.35 | -8.11 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| ZPRI.DE | URTH | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.28 | 2.08 | -0.80 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.35 | 0.85 | -0.50 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.47 | 0.76 | -0.28 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.35 | 0.75 | -0.39 |
Drawdowns
ZPRI.DE vs. URTH - Drawdown Comparison
The maximum ZPRI.DE drawdown since its inception was -22.84%, smaller than the maximum URTH drawdown of -33.45%. Use the drawdown chart below to compare losses from any high point for ZPRI.DE and URTH.
Loading charts...
Drawdown Indicators
| ZPRI.DE | URTH | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -22.84% | -33.45% | +10.61% |
Max Drawdown (1Y)Largest decline over 1 year | -3.37% | -6.56% | +3.19% |
Max Drawdown (3Y)Largest decline over 3 years | -11.11% | -20.94% | +9.83% |
Max Drawdown (5Y)Largest decline over 5 years | -14.82% | -20.94% | +6.12% |
Max Drawdown (10Y)Largest decline over 10 years | -22.84% | -33.45% | +10.61% |
Current DrawdownCurrent decline from peak | -1.86% | -0.11% | -1.75% |
Average DrawdownAverage peak-to-trough decline | -5.00% | -4.11% | -0.89% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.22% | 1.59% | -0.37% |
Volatility
ZPRI.DE vs. URTH - Volatility Comparison
The current volatility for SPDR Morningstar Multi-Asset Global Infrastructure UCITS ETF (ZPRI.DE) is 1.70%, while iShares MSCI World ETF (URTH) has a volatility of 2.51%. This indicates that ZPRI.DE experiences smaller price fluctuations and is considered to be less risky than URTH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| ZPRI.DE | URTH | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.70% | 2.51% | -0.81% |
Volatility (6M)Calculated over the trailing 6-month period | 5.27% | 8.59% | -3.32% |
Volatility (1Y)Calculated over the trailing 1-year period | 6.91% | 11.77% | -4.86% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 9.93% | 15.37% | -5.44% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 10.37% | 17.21% | -6.84% |
ZPRI.DE vs. URTH - Expense Ratio Comparison
ZPRI.DE has a 0.40% expense ratio, which is higher than URTH's 0.24% expense ratio.
Dividends
ZPRI.DE vs. URTH - Dividend Comparison
ZPRI.DE's dividend yield for the trailing twelve months is around 2.91%, more than URTH's 1.34% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
URTH iShares MSCI World ETF | 1.34% | 1.48% | 1.47% | 1.70% | 1.68% | 1.50% | 1.52% | 2.16% | 2.30% | 1.88% | 2.15% | 2.35% |
ZPRI.DE SPDR Morningstar Multi-Asset Global Infrastructure UCITS ETF | 2.91% | 2.99% | 2.76% | 2.78% | 2.54% | 1.89% | 2.23% | 2.29% | 2.18% | 2.36% | 2.21% | 1.19% |
Frequently Asked Questions
ZPRI.DE and URTH have a correlation of 0.20, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, URTH is cheaper at 0.24% per year. The better choice depends on whether you care most about return, fees, risk, or income.
URTH is cheaper with a 0.24% expense ratio, compared with 0.40% for ZPRI.DE.
ZPRI.DE is categorized as Diversified Portfolio, while URTH is Global Equities. ZPRI.DE tracks Morningstar Global Multi-Asset Infrastructure, while URTH tracks MSCI World Index (Net). They also come from different issuers: State Street and iShares. Their fees differ too: 0.40% for ZPRI.DE and 0.24% for URTH.
Find the right allocation for ZPRI.DE and URTH
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer