ZPRU.DE vs. DFUVX

Last updated Apr 2, 2026

Compare and contrast key facts about SPDR MSCI USA Value Weighted UCITS ETF (ZPRU.DE) and DFA U.S. Large Cap Value III Portfolio (DFUVX).

ZPRU.DE is a passively managed fund by State Street that tracks the performance of the MSCI USA Value Weighted. It was launched on Feb 18, 2015. DFUVX is managed by Dimensional. It was launched on Feb 2, 1995.

Performance

ZPRU.DE vs. DFUVX - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in SPDR MSCI USA Value Weighted UCITS ETF (ZPRU.DE) and DFA U.S. Large Cap Value III Portfolio (DFUVX). The values are adjusted to include any dividend payments, if applicable.

ZPRU.DE vs. DFUVX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
ZPRU.DE SPDR MSCI USA Value Weighted UCITS ETF	3.49%	14.79%	11.05%	12.04%	-10.28%	41.60%	-7.63%	29.86%	-8.25%	4.25%
DFUVX DFA U.S. Large Cap Value III Portfolio	5.83%	2.08%	20.32%	8.30%	0.11%	31.93%	-8.65%	28.46%	-7.43%	4.02%

Different Trading Currencies

ZPRU.DE is traded in EUR, while DFUVX is traded in USD. To make them comparable, the DFUVX values have been converted to EUR using the latest available exchange rates.

Returns By Period

In the year-to-date period, ZPRU.DE achieves a 3.49% return, which is significantly lower than DFUVX's 5.83% return. Both investments have delivered pretty close results over the past 10 years, with ZPRU.DE having a 10.40% annualized return and DFUVX not far behind at 10.37%.

ZPRU.DE

• 1D: 2.27%
• 1M: -2.10%
• YTD: 3.49%
• 6M: 12.94%
• 1Y: 22.17%
• 3Y*: 13.61%
• 5Y*: 8.70%
• 10Y*: 10.40%

DFUVX

• 1D: 1.07%
• 1M: -2.60%
• YTD: 5.83%
• 6M: 10.61%
• 1Y: 10.89%
• 3Y*: 12.37%
• 5Y*: 9.12%
• 10Y*: 10.37%

*Multi-year figures are annualized to reflect compound growth (CAGR)

ZPRU.DE vs. DFUVX - Expense Ratio Comparison

ZPRU.DE has a 0.20% expense ratio, which is higher than DFUVX's 0.14% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

ZPRU.DE

SPDR MSCI USA Value Weighted UCITS ETF

DFUVX

DFA U.S. Large Cap Value III Portfolio

Return for Risk

ZPRU.DE vs. DFUVX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

ZPRU.DE

ZPRU.DE Risk / Return Rank: 69
ZPRU.DE Sharpe Ratio Rank: 65
ZPRU.DE Sortino Ratio Rank: 61
ZPRU.DE Omega Ratio Rank: 60
ZPRU.DE Calmar Ratio Rank: 76
ZPRU.DE Martin Ratio Rank: 82

DFUVX

DFUVX Risk / Return Rank: 58
DFUVX Sharpe Ratio Rank: 60
DFUVX Sortino Ratio Rank: 60
DFUVX Omega Ratio Rank: 61
DFUVX Calmar Ratio Rank: 51
DFUVX Martin Ratio Rank: 56

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

ZPRU.DE vs. DFUVX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SPDR MSCI USA Value Weighted UCITS ETF (ZPRU.DE) and DFA U.S. Large Cap Value III Portfolio (DFUVX). 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.

	ZPRU.DE	DFUVX	Difference
Sharpe ratio Return per unit of total volatility	1.20	0.59	+0.61
Sortino ratio Return per unit of downside risk	1.64	0.89	+0.75
Omega ratio Gain probability vs. loss probability	1.23	1.14	+0.10
Calmar ratio Return relative to maximum drawdown	2.29	0.54	+1.75
Martin ratio Return relative to average drawdown	9.94	1.70	+8.24
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ZPRU.DE vs. DFUVX - Sharpe Ratio Comparison

The current ZPRU.DE Sharpe Ratio is 1.20, which is higher than the DFUVX Sharpe Ratio of 0.59. The chart below compares the historical Sharpe Ratios of ZPRU.DE and DFUVX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	ZPRU.DE	DFUVX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.20	0.59	+0.61
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.53	0.58	-0.05
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.58	0.55	+0.03
Sharpe Ratio (All Time) Calculated using the full available price history	0.48	0.38	+0.10

Correlation

The correlation between ZPRU.DE and DFUVX is 0.64, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

ZPRU.DE vs. DFUVX - Dividend Comparison

ZPRU.DE has not paid dividends to shareholders, while DFUVX's dividend yield for the trailing twelve months is around 1.68%.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ZPRU.DE SPDR MSCI USA Value Weighted 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%
DFUVX DFA U.S. Large Cap Value III Portfolio	1.68%	1.31%	1.94%	5.68%	5.84%	1.77%	2.09%	5.04%	9.79%	7.99%	4.90%	8.03%

Drawdowns

ZPRU.DE vs. DFUVX - Drawdown Comparison

The maximum ZPRU.DE drawdown since its inception was -39.69%, smaller than the maximum DFUVX drawdown of -63.26%. Use the drawdown chart below to compare losses from any high point for ZPRU.DE and DFUVX.

Drawdown Indicators

	ZPRU.DE	DFUVX	Difference
Max Drawdown Largest peak-to-trough decline	-39.69%	-65.60%	+25.91%
Max Drawdown (1Y) Largest decline over 1 year	-14.87%	-12.26%	-2.61%
Max Drawdown (5Y) Largest decline over 5 years	-24.05%	-20.33%	-3.72%
Max Drawdown (10Y) Largest decline over 10 years	-39.69%	-41.76%	+2.07%
Current Drawdown Current decline from peak	-3.42%	-4.06%	+0.64%
Average Drawdown Average peak-to-trough decline	-6.55%	-9.90%	+3.35%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.24%	2.97%	-0.73%

Volatility

ZPRU.DE vs. DFUVX - Volatility Comparison

SPDR MSCI USA Value Weighted UCITS ETF (ZPRU.DE) has a higher volatility of 4.61% compared to DFA U.S. Large Cap Value III Portfolio (DFUVX) at 3.24%. This indicates that ZPRU.DE's price experiences larger fluctuations and is considered to be riskier than DFUVX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ZPRU.DE	DFUVX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.61%	3.24%	+1.37%
Volatility (6M) Calculated over the trailing 6-month period	9.67%	8.71%	+0.96%
Volatility (1Y) Calculated over the trailing 1-year period	18.35%	18.80%	-0.45%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.27%	15.91%	+0.36%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.94%	18.98%	-1.04%