ZPRL.DE vs. SPYM.DE
ZPRL.DE (SPDR EURO STOXX Low Volatility UCITS ETF) and SPYM.DE (SPDR MSCI Emerging Markets UCITS ETF) are both exchange-traded funds - ZPRL.DE is a Europe Equities fund tracking the EURO STOXX® Low Risk Weighted 100, while SPYM.DE is a Emerging Markets Equities fund tracking the MSCI Emerging Markets. Both are passively managed. Over the past 10 years, ZPRL.DE returned 6.55%/yr vs 9.90%/yr for SPYM.DE. A 0.54 correlation means they provide meaningful diversification when combined. ZPRL.DE charges 0.30%/yr vs 0.18%/yr for SPYM.DE.
Performance
ZPRL.DE vs. SPYM.DE - Performance Comparison
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Returns By Period
In the year-to-date period, ZPRL.DE achieves a 5.19% return, which is significantly lower than SPYM.DE's 27.39% return. Over the past 10 years, ZPRL.DE has underperformed SPYM.DE with an annualized return of 6.55%, while SPYM.DE has yielded a comparatively higher 9.90% annualized return.
ZPRL.DE
- 1D
- 0.22%
- 1M
- -0.23%
- YTD
- 5.19%
- 6M
- 6.78%
- 1Y
- 5.74%
- 3Y*
- 11.19%
- 5Y*
- 7.05%
- 10Y*
- 6.55%
SPYM.DE
- 1D
- -1.63%
- 1M
- 6.11%
- YTD
- 27.39%
- 6M
- 29.25%
- 1Y
- 50.03%
- 3Y*
- 21.15%
- 5Y*
- 8.45%
- 10Y*
- 9.90%
ZPRL.DE vs. SPYM.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ZPRL.DE SPDR EURO STOXX Low Volatility UCITS ETF | 5.19% | 18.48% | 7.41% | 12.34% | -14.65% | 17.34% | -5.25% | 22.05% | -8.17% | 15.38% |
SPYM.DE SPDR MSCI Emerging Markets UCITS ETF | 27.39% | 19.08% | 14.04% | 6.06% | -14.90% | 5.27% | 6.28% | 22.30% | -11.26% | 19.74% |
Correlation
The correlation between ZPRL.DE and SPYM.DE is 0.32, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.32 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.37 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.42 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.52 |
Correlation (All Time) Calculated using the full available price history since Mar 26, 2014 | 0.54 |
Over the past year, the correlation between ZPRL.DE and SPYM.DE has dropped to 0.32 - well below their long-term average of 0.54, suggesting their price drivers have been diverging.
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Return for Risk
ZPRL.DE vs. SPYM.DE — Risk / Return Rank
ZPRL.DE
SPYM.DE
ZPRL.DE vs. SPYM.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR EURO STOXX Low Volatility UCITS ETF (ZPRL.DE) and SPDR MSCI Emerging Markets UCITS ETF (SPYM.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.
| ZPRL.DE | SPYM.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.17 | ||
| Sortino ratioReturn per unit of downside risk | -2.79 | ||
| Omega ratioGain probability vs. loss probability | 1.11 | 1.50 | -0.39 |
| Calmar ratioReturn relative to maximum drawdown | 0.72 | 4.80 | -4.08 |
| Martin ratioReturn relative to average drawdown | 2.02 | 17.28 | -15.26 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| ZPRL.DE | SPYM.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.62 | 2.79 | -2.17 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.59 | 0.50 | +0.09 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.48 | 0.54 | -0.06 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.53 | 0.34 | +0.19 |
Drawdowns
ZPRL.DE vs. SPYM.DE - Drawdown Comparison
The maximum ZPRL.DE drawdown since its inception was -35.35%, roughly equal to the maximum SPYM.DE drawdown of -36.28%. Use the drawdown chart below to compare losses from any high point for ZPRL.DE and SPYM.DE.
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Drawdown Indicators
| ZPRL.DE | SPYM.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -35.35% | -36.28% | +0.93% |
Max Drawdown (1Y)Largest decline over 1 year | -7.97% | -10.38% | +2.41% |
Max Drawdown (3Y)Largest decline over 3 years | -9.37% | -18.96% | +9.59% |
Max Drawdown (5Y)Largest decline over 5 years | -23.37% | -23.86% | +0.49% |
Max Drawdown (10Y)Largest decline over 10 years | -35.35% | -31.69% | -3.66% |
Current DrawdownCurrent decline from peak | -3.70% | -2.74% | -0.96% |
Average DrawdownAverage peak-to-trough decline | -5.39% | -9.95% | +4.56% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.84% | 2.89% | -0.05% |
Volatility
ZPRL.DE vs. SPYM.DE - Volatility Comparison
The current volatility for SPDR EURO STOXX Low Volatility UCITS ETF (ZPRL.DE) is 2.90%, while SPDR MSCI Emerging Markets UCITS ETF (SPYM.DE) has a volatility of 7.34%. This indicates that ZPRL.DE experiences smaller price fluctuations and is considered to be less risky than SPYM.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ZPRL.DE | SPYM.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.90% | 7.34% | -4.44% |
Volatility (6M)Calculated over the trailing 6-month period | 7.65% | 15.16% | -7.51% |
Volatility (1Y)Calculated over the trailing 1-year period | 9.22% | 17.87% | -8.65% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 11.89% | 16.78% | -4.89% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 13.60% | 18.40% | -4.80% |
ZPRL.DE vs. SPYM.DE - Expense Ratio Comparison
ZPRL.DE has a 0.30% expense ratio, which is higher than SPYM.DE's 0.18% expense ratio.
Dividends
ZPRL.DE vs. SPYM.DE - Dividend Comparison
Neither ZPRL.DE nor SPYM.DE has paid dividends to shareholders.
Frequently Asked Questions
ZPRL.DE and SPYM.DE have a correlation of 0.32, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, SPYM.DE is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.
SPYM.DE is cheaper with a 0.18% expense ratio, compared with 0.30% for ZPRL.DE.
ZPRL.DE is categorized as Europe Equities, while SPYM.DE is Emerging Markets Equities. ZPRL.DE tracks EURO STOXX® Low Risk Weighted 100, while SPYM.DE tracks MSCI Emerging Markets. Their fees differ too: 0.30% for ZPRL.DE and 0.18% for SPYM.DE.
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