ZPRL.DE vs. XESD.DE
ZPRL.DE (SPDR EURO STOXX Low Volatility UCITS ETF) and XESD.DE (Xtrackers Spanish Equity UCITS ETF) are both Europe Equities funds - ZPRL.DE tracks the EURO STOXX® Low Risk Weighted 100 while XESD.DE tracks the Solactive Spain 40. Both are passively managed. Over the past 10 years, ZPRL.DE returned 7.56%/yr vs 13.66%/yr for XESD.DE. A 0.75 correlation means they provide meaningful diversification when combined. Both charge a 0.30% expense ratio.
Performance
ZPRL.DE vs. XESD.DE - Performance Comparison
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Returns By Period
In the year-to-date period, ZPRL.DE achieves a 8.45% return, which is significantly lower than XESD.DE's 14.19% return. Over the past 10 years, ZPRL.DE has underperformed XESD.DE with an annualized return of 7.56%, while XESD.DE has yielded a comparatively higher 13.66% annualized return.
ZPRL.DE
- 1D
- -0.06%
- 1M
- 0.91%
- YTD
- 8.45%
- 6M
- 9.22%
- 1Y
- 11.39%
- 3Y*
- 12.67%
- 5Y*
- 7.22%
- 10Y*
- 7.56%
XESD.DE
- 1D
- -0.44%
- 1M
- 5.86%
- YTD
- 14.19%
- 6M
- 15.25%
- 1Y
- 46.96%
- 3Y*
- 31.59%
- 5Y*
- 20.24%
- 10Y*
- 13.66%
ZPRL.DE vs. XESD.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ZPRL.DE SPDR EURO STOXX Low Volatility UCITS ETF | 8.45% | 18.39% | 7.42% | 12.34% | -14.65% | 17.34% | -5.26% | 22.07% | -8.17% | 15.38% |
XESD.DE Xtrackers Spanish Equity UCITS ETF | 14.19% | 58.72% | 14.57% | 26.76% | -1.63% | 10.91% | -10.10% | 15.69% | -12.39% | 12.92% |
Correlation
The correlation between ZPRL.DE and XESD.DE is 0.51, 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 | 0.51 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.69 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.74 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.73 |
Correlation (All Time) Calculated using the full available price history since Mar 24, 2014 | 0.75 |
Over the past year, the correlation between ZPRL.DE and XESD.DE has dropped to 0.51 - well below their long-term average of 0.75, suggesting their price drivers have been diverging.
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Return for Risk
ZPRL.DE vs. XESD.DE — Risk / Return Rank
ZPRL.DE
XESD.DE
ZPRL.DE vs. XESD.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 Xtrackers Spanish Equity UCITS ETF (XESD.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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| ZPRL.DE | XESD.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.58 | ||
| Sortino ratioReturn per unit of downside risk | -2.03 | ||
| Omega ratioGain probability vs. loss probability | 1.22 | 1.49 | -0.27 |
| Calmar ratioReturn relative to maximum drawdown | 1.47 | 4.55 | -3.08 |
| Martin ratioReturn relative to average drawdown | 4.26 | 16.04 | -11.78 |
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Drawdowns
ZPRL.DE vs. XESD.DE - Drawdown Comparison
The maximum ZPRL.DE drawdown since its inception was -35.34%, smaller than the maximum XESD.DE drawdown of -38.76%. Use the drawdown chart below to compare losses from any high point for ZPRL.DE and XESD.DE.
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Drawdown Indicators
| ZPRL.DE | XESD.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -35.34% | -38.76% | +3.42% |
Max Drawdown (1Y)Largest decline over 1 year | -7.74% | -10.28% | +2.54% |
Max Drawdown (3Y)Largest decline over 3 years | -9.36% | -12.49% | +3.13% |
Max Drawdown (5Y)Largest decline over 5 years | -23.37% | -18.55% | -4.82% |
Max Drawdown (10Y)Largest decline over 10 years | -35.34% | -38.76% | +3.42% |
Current DrawdownCurrent decline from peak | -0.64% | -0.62% | -0.02% |
Average DrawdownAverage peak-to-trough decline | -5.34% | -8.46% | +3.12% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.67% | 2.92% | -0.25% |
Volatility
ZPRL.DE vs. XESD.DE - Volatility Comparison
The current volatility for SPDR EURO STOXX Low Volatility UCITS ETF (ZPRL.DE) is 2.01%, while Xtrackers Spanish Equity UCITS ETF (XESD.DE) has a volatility of 4.04%. This indicates that ZPRL.DE experiences smaller price fluctuations and is considered to be less risky than XESD.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 | XESD.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.01% | 4.04% | -2.03% |
Volatility (6M)Calculated over the trailing 6-month period | 8.27% | 14.42% | -6.15% |
Volatility (1Y)Calculated over the trailing 1-year period | 9.64% | 16.97% | -7.33% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 11.96% | 16.76% | -4.80% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 13.42% | 18.49% | -5.07% |
ZPRL.DE vs. XESD.DE - Expense Ratio Comparison
Both ZPRL.DE and XESD.DE have an expense ratio of 0.30%.
Dividends
ZPRL.DE vs. XESD.DE - Dividend Comparison
ZPRL.DE has not paid dividends to shareholders, while XESD.DE's dividend yield for the trailing twelve months is around 2.35%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
XESD.DE Xtrackers Spanish Equity UCITS ETF | 2.35% | 2.43% | 3.14% | 2.56% | 3.98% | 1.51% | 4.30% | 3.35% | 4.48% | 2.51% | 1.14% | 0.42% |
ZPRL.DE SPDR EURO STOXX Low Volatility 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% |
Frequently Asked Questions
ZPRL.DE and XESD.DE have a correlation of 0.51, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 0.30% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
ZPRL.DE and XESD.DE have the same expense ratio: 0.30% per year.
ZPRL.DE tracks EURO STOXX® Low Risk Weighted 100, while XESD.DE tracks Solactive Spain 40. They also come from different issuers: State Street and Xtrackers.
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