ZPRR.DE vs. SPYW.DE
ZPRR.DE (SPDR Russell 2000 US Small Cap UCITS ETF) and SPYW.DE (SPDR S&P Euro Dividend Aristocrats UCITS ETF (Dist)) are both exchange-traded funds - ZPRR.DE is a Small Cap Blend Equities fund tracking the Russell 2000®, while SPYW.DE is a Europe Equities fund tracking the S&P Euro High Yield Dividend Aristocrats. Both are passively managed. Over the past 10 years, ZPRR.DE returned 10.37%/yr vs 6.79%/yr for SPYW.DE. A 0.58 correlation means they provide meaningful diversification when combined. Both charge a 0.30% expense ratio.
Performance
ZPRR.DE vs. SPYW.DE - Performance Comparison
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Returns By Period
In the year-to-date period, ZPRR.DE achieves a 17.93% return, which is significantly higher than SPYW.DE's 5.36% return. Over the past 10 years, ZPRR.DE has outperformed SPYW.DE with an annualized return of 10.37%, while SPYW.DE has yielded a comparatively lower 6.79% annualized return.
ZPRR.DE
- 1D
- 0.93%
- 1M
- 4.09%
- YTD
- 17.93%
- 6M
- 16.88%
- 1Y
- 38.46%
- 3Y*
- 15.40%
- 5Y*
- 7.11%
- 10Y*
- 10.37%
SPYW.DE
- 1D
- 0.09%
- 1M
- -0.36%
- YTD
- 5.36%
- 6M
- 7.28%
- 1Y
- 7.88%
- 3Y*
- 13.21%
- 5Y*
- 8.07%
- 10Y*
- 6.79%
ZPRR.DE vs. SPYW.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ZPRR.DE SPDR Russell 2000 US Small Cap UCITS ETF | 17.93% | 1.37% | 15.82% | 14.82% | -16.60% | 25.11% | 8.22% | 28.97% | -8.99% | 0.49% |
SPYW.DE SPDR S&P Euro Dividend Aristocrats UCITS ETF (Dist) | 5.36% | 20.24% | 8.29% | 17.93% | -11.23% | 14.36% | -11.84% | 23.34% | -8.58% | 11.23% |
Correlation
The correlation between ZPRR.DE and SPYW.DE is 0.45, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.45 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.44 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.52 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.56 |
Correlation (All Time) Calculated using the full available price history since Jul 3, 2014 | 0.58 |
The correlation between ZPRR.DE and SPYW.DE shifts across timeframes, from 0.44 (3 years) to 0.58 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
ZPRR.DE vs. SPYW.DE — Risk / Return Rank
ZPRR.DE
SPYW.DE
ZPRR.DE vs. SPYW.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR Russell 2000 US Small Cap UCITS ETF (ZPRR.DE) and SPDR S&P Euro Dividend Aristocrats UCITS ETF (Dist) (SPYW.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.
| ZPRR.DE | SPYW.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.37 | ||
| Sortino ratioReturn per unit of downside risk | +1.82 | ||
| Omega ratioGain probability vs. loss probability | 1.35 | 1.14 | +0.22 |
| Calmar ratioReturn relative to maximum drawdown | 4.53 | 0.98 | +3.55 |
| Martin ratioReturn relative to average drawdown | 13.24 | 3.14 | +10.10 |
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
| ZPRR.DE | SPYW.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.10 | 0.74 | +1.37 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.33 | 0.60 | -0.27 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.48 | 0.45 | +0.02 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.48 | 0.53 | -0.05 |
Drawdowns
ZPRR.DE vs. SPYW.DE - Drawdown Comparison
The maximum ZPRR.DE drawdown since its inception was -41.20%, which is greater than SPYW.DE's maximum drawdown of -38.68%. Use the drawdown chart below to compare losses from any high point for ZPRR.DE and SPYW.DE.
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Drawdown Indicators
| ZPRR.DE | SPYW.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -41.20% | -38.68% | -2.52% |
Max Drawdown (1Y)Largest decline over 1 year | -8.44% | -7.99% | -0.45% |
Max Drawdown (3Y)Largest decline over 3 years | -32.54% | -11.64% | -20.90% |
Max Drawdown (5Y)Largest decline over 5 years | -32.54% | -23.97% | -8.57% |
Max Drawdown (10Y)Largest decline over 10 years | -41.20% | -38.68% | -2.52% |
Current DrawdownCurrent decline from peak | 0.00% | -2.54% | +2.54% |
Average DrawdownAverage peak-to-trough decline | -9.39% | -5.62% | -3.77% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.90% | 2.50% | +0.40% |
Volatility
ZPRR.DE vs. SPYW.DE - Volatility Comparison
SPDR Russell 2000 US Small Cap UCITS ETF (ZPRR.DE) has a higher volatility of 5.38% compared to SPDR S&P Euro Dividend Aristocrats UCITS ETF (Dist) (SPYW.DE) at 2.92%. This indicates that ZPRR.DE's price experiences larger fluctuations and is considered to be riskier than SPYW.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ZPRR.DE | SPYW.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.38% | 2.92% | +2.46% |
Volatility (6M)Calculated over the trailing 6-month period | 12.26% | 8.76% | +3.50% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.20% | 10.65% | +7.55% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.98% | 13.27% | +7.71% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.60% | 14.88% | +6.72% |
ZPRR.DE vs. SPYW.DE - Expense Ratio Comparison
Both ZPRR.DE and SPYW.DE have an expense ratio of 0.30%.
Dividends
ZPRR.DE vs. SPYW.DE - Dividend Comparison
ZPRR.DE has not paid dividends to shareholders, while SPYW.DE's dividend yield for the trailing twelve months is around 3.60%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SPYW.DE SPDR S&P Euro Dividend Aristocrats UCITS ETF (Dist) | 3.60% | 4.07% | 3.67% | 3.31% | 3.62% | 2.78% | 3.05% | 3.10% | 3.74% | 3.15% | 2.97% | 2.99% |
ZPRR.DE SPDR Russell 2000 US Small Cap 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
ZPRR.DE and SPYW.DE have a correlation of 0.45, 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.
ZPRR.DE and SPYW.DE have the same expense ratio: 0.30% per year.
ZPRR.DE is categorized as Small Cap Blend Equities, while SPYW.DE is Europe Equities. ZPRR.DE tracks Russell 2000®, while SPYW.DE tracks S&P Euro High Yield Dividend Aristocrats.
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