ZPRP.DE vs. SPYM.DE
ZPRP.DE (SPDR FTSE EPRA Europe ex UK Real Estate UCITS ETF) and SPYM.DE (SPDR MSCI Emerging Markets UCITS ETF) are both exchange-traded funds - ZPRP.DE is a REIT fund tracking the FTSE EPRA/NAREIT Developed Europe ex UK, while SPYM.DE is a Emerging Markets Equities fund tracking the MSCI Emerging Markets. Both are passively managed. Over the past 10 years, ZPRP.DE returned 0.99%/yr vs 9.90%/yr for SPYM.DE. At a 0.38 correlation, their price movements are largely independent. ZPRP.DE charges 0.30%/yr vs 0.18%/yr for SPYM.DE.
Performance
ZPRP.DE vs. SPYM.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, ZPRP.DE achieves a -0.81% return, which is significantly lower than SPYM.DE's 27.39% return. Over the past 10 years, ZPRP.DE has underperformed SPYM.DE with an annualized return of 0.99%, while SPYM.DE has yielded a comparatively higher 9.90% annualized return.
ZPRP.DE
- 1D
- 0.56%
- 1M
- -1.34%
- YTD
- -0.81%
- 6M
- -0.50%
- 1Y
- -2.34%
- 3Y*
- 9.93%
- 5Y*
- -4.33%
- 10Y*
- 0.99%
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%
ZPRP.DE vs. SPYM.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ZPRP.DE SPDR FTSE EPRA Europe ex UK Real Estate UCITS ETF | -0.81% | 6.98% | -2.34% | 19.03% | -36.37% | 10.87% | -6.56% | 26.91% | -5.98% | 14.94% |
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 ZPRP.DE and SPYM.DE is 0.25, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.25 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.27 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.33 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.36 |
Correlation (All Time) Calculated using the full available price history since Aug 12, 2015 | 0.38 |
The correlation between ZPRP.DE and SPYM.DE shifts across timeframes, from 0.25 (1 year) to 0.38 (all time), reflecting how their relationship changes across market environments.
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
ZPRP.DE vs. SPYM.DE — Risk / Return Rank
ZPRP.DE
SPYM.DE
ZPRP.DE vs. SPYM.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR FTSE EPRA Europe ex UK Real Estate UCITS ETF (ZPRP.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.
| ZPRP.DE | SPYM.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.94 | ||
| Sortino ratioReturn per unit of downside risk | -3.79 | ||
| Omega ratioGain probability vs. loss probability | 0.99 | 1.50 | -0.52 |
| Calmar ratioReturn relative to maximum drawdown | -0.15 | 4.80 | -4.95 |
| Martin ratioReturn relative to average drawdown | -0.41 | 17.28 | -17.68 |
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
| ZPRP.DE | SPYM.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.15 | 2.79 | -2.94 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.19 | 0.50 | -0.69 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.05 | 0.54 | -0.49 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.08 | 0.34 | -0.26 |
Drawdowns
ZPRP.DE vs. SPYM.DE - Drawdown Comparison
The maximum ZPRP.DE drawdown since its inception was -48.69%, which is greater than SPYM.DE's maximum drawdown of -36.28%. Use the drawdown chart below to compare losses from any high point for ZPRP.DE and SPYM.DE.
Loading charts...
Drawdown Indicators
| ZPRP.DE | SPYM.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -48.69% | -36.28% | -12.41% |
Max Drawdown (1Y)Largest decline over 1 year | -15.29% | -10.38% | -4.91% |
Max Drawdown (3Y)Largest decline over 3 years | -19.80% | -18.96% | -0.84% |
Max Drawdown (5Y)Largest decline over 5 years | -48.69% | -23.86% | -24.83% |
Max Drawdown (10Y)Largest decline over 10 years | -48.69% | -31.69% | -17.00% |
Current DrawdownCurrent decline from peak | -26.29% | -2.74% | -23.55% |
Average DrawdownAverage peak-to-trough decline | -16.81% | -9.95% | -6.86% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.75% | 2.89% | +2.86% |
Volatility
ZPRP.DE vs. SPYM.DE - Volatility Comparison
The current volatility for SPDR FTSE EPRA Europe ex UK Real Estate UCITS ETF (ZPRP.DE) is 5.34%, while SPDR MSCI Emerging Markets UCITS ETF (SPYM.DE) has a volatility of 7.34%. This indicates that ZPRP.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.
Loading charts...
Volatility by Period
| ZPRP.DE | SPYM.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.34% | 7.34% | -2.00% |
Volatility (6M)Calculated over the trailing 6-month period | 13.00% | 15.16% | -2.16% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.30% | 17.87% | -2.57% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.12% | 16.78% | +5.34% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.77% | 18.40% | +1.37% |
ZPRP.DE vs. SPYM.DE - Expense Ratio Comparison
ZPRP.DE has a 0.30% expense ratio, which is higher than SPYM.DE's 0.18% expense ratio.
Dividends
ZPRP.DE vs. SPYM.DE - Dividend Comparison
Neither ZPRP.DE nor SPYM.DE has paid dividends to shareholders.
Frequently Asked Questions
ZPRP.DE and SPYM.DE have a correlation of 0.25, 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 ZPRP.DE.
ZPRP.DE is categorized as REIT, while SPYM.DE is Emerging Markets Equities. ZPRP.DE tracks FTSE EPRA/NAREIT Developed Europe ex UK, while SPYM.DE tracks MSCI Emerging Markets. Their fees differ too: 0.30% for ZPRP.DE and 0.18% for SPYM.DE.
Find the right allocation for ZPRP.DE and SPYM.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