ZPRM.DE vs. ZPR1.DE
ZPRM.DE (State Street SPDR Bloomberg 1-3 Month T-Bill MXN Hdg UCITS ETF (Acc)) and ZPR1.DE (State Street SPDR Bloomberg 1-3 Month T-Bill UCITS ETF (Acc)) are both Money Market funds from State Street - ZPRM.DE tracks the Bloomberg US Treasury Bills 1-3 Month Index (MXN Hedged) while ZPR1.DE tracks the Bloomberg US Treasury Bills 1-3 Month Index. Both are passively managed. Over the past 5 years, ZPRM.DE returned 12.31%/yr vs 3.52%/yr for ZPR1.DE. At a 0.01 correlation, their price movements are largely independent. Both charge a 0.05% expense ratio.
Performance
ZPRM.DE vs. ZPR1.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, ZPRM.DE achieves a 6.36% return, which is significantly higher than ZPR1.DE's 1.85% return.
ZPRM.DE
- 1D
- -0.04%
- 1M
- -0.34%
- 6M
- 5.69%
- YTD
- 6.36%
- 1Y
- 14.68%
- 3Y*
- 9.14%
- 5Y*
- 12.31%
- 10Y*
- —
ZPR1.DE
- 1D
- 0.01%
- 1M
- 0.32%
- 6M
- 1.84%
- YTD
- 1.85%
- 1Y
- 3.86%
- 3Y*
- 4.64%
- 5Y*
- 3.52%
- 10Y*
- —
ZPRM.DE vs. ZPR1.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
ZPRM.DE State Street SPDR Bloomberg 1-3 Month T-Bill MXN Hdg UCITS ETF (Acc) | 6.36% | 23.34% | -6.88% | 29.70% | 13.58% | 1.41% | -0.25% | 13.94% |
ZPR1.DE State Street SPDR Bloomberg 1-3 Month T-Bill UCITS ETF (Acc) | 1.85% | 4.23% | 5.21% | 5.01% | 1.38% | -0.06% | 0.35% | 0.87% |
Correlation
The correlation between ZPRM.DE and ZPR1.DE is -0.05, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.05 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.01 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.02 |
Correlation (All Time) Calculated using the full available price history since Jul 18, 2019 | 0.01 |
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
ZPRM.DE vs. ZPR1.DE — Risk / Return Rank
ZPRM.DE
ZPR1.DE
ZPRM.DE vs. ZPR1.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for State Street SPDR Bloomberg 1-3 Month T-Bill MXN Hdg UCITS ETF (Acc) (ZPRM.DE) and State Street SPDR Bloomberg 1-3 Month T-Bill UCITS ETF (Acc) (ZPR1.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.
| ZPRM.DE | ZPR1.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.78 | ||
| Sortino ratioReturn per unit of downside risk | -3.08 | ||
| Omega ratioGain probability vs. loss probability | 1.35 | 2.43 | -1.07 |
| Calmar ratioReturn relative to maximum drawdown | 3.02 | 9.23 | -6.21 |
| Martin ratioReturn relative to average drawdown | 12.41 | 43.51 | -31.10 |
Loading charts...
Drawdowns
ZPRM.DE vs. ZPR1.DE - Drawdown Comparison
The maximum ZPRM.DE drawdown since its inception was -24.15%, which is greater than ZPR1.DE's maximum drawdown of -1.92%. Use the drawdown chart below to compare losses from any high point for ZPRM.DE and ZPR1.DE.
Loading charts...
Drawdown Indicators
| ZPRM.DE | ZPR1.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -24.15% | -1.92% | -22.23% |
Max Drawdown (1Y)Largest decline over 1 year | -4.84% | -0.42% | -4.42% |
Max Drawdown (3Y)Largest decline over 3 years | -15.56% | -0.42% | -15.14% |
Max Drawdown (5Y)Largest decline over 5 years | -15.56% | -0.42% | -15.14% |
Current DrawdownCurrent decline from peak | -1.36% | -0.25% | -1.11% |
Average DrawdownAverage peak-to-trough decline | -4.04% | -0.47% | -3.57% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.18% | 0.09% | +1.09% |
Volatility
ZPRM.DE vs. ZPR1.DE - Volatility Comparison
State Street SPDR Bloomberg 1-3 Month T-Bill MXN Hdg UCITS ETF (Acc) (ZPRM.DE) has a higher volatility of 2.47% compared to State Street SPDR Bloomberg 1-3 Month T-Bill UCITS ETF (Acc) (ZPR1.DE) at 0.50%. This indicates that ZPRM.DE's price experiences larger fluctuations and is considered to be riskier than ZPR1.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| ZPRM.DE | ZPR1.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.47% | 0.50% | +1.97% |
Volatility (6M)Calculated over the trailing 6-month period | 6.37% | 0.87% | +5.50% |
Volatility (1Y)Calculated over the trailing 1-year period | 7.78% | 1.05% | +6.73% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 10.70% | 0.68% | +10.02% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 13.70% | 1.15% | +12.55% |
ZPRM.DE vs. ZPR1.DE - Expense Ratio Comparison
Both ZPRM.DE and ZPR1.DE have an expense ratio of 0.05%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Dividends
ZPRM.DE vs. ZPR1.DE - Dividend Comparison
Neither ZPRM.DE nor ZPR1.DE has paid dividends to shareholders.
Frequently Asked Questions
ZPRM.DE and ZPR1.DE have a correlation of -0.05, 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 0.05% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
ZPRM.DE and ZPR1.DE have the same expense ratio: 0.05% per year.
ZPRM.DE tracks Bloomberg US Treasury Bills 1-3 Month Index (MXN Hedged), while ZPR1.DE tracks Bloomberg US Treasury Bills 1-3 Month Index.
Find the right allocation for ZPRM.DE and ZPR1.DE
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