ZPRV.DE vs. DFSVX

Last updated Jun 5, 2026

ZPRV.DE (SPDR MSCI USA Small Cap Value Weighted UCITS ETF) and DFSVX (DFA U.S. Small Cap Value Portfolio I) are both Small Cap Value Equities funds. Over the past 10 years, ZPRV.DE returned 11.63%/yr vs 11.18%/yr for DFSVX. A 0.60 correlation means they provide meaningful diversification when combined. Both charge a 0.30% expense ratio.

Performance

ZPRV.DE vs. DFSVX - Performance Comparison

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

Different Trading Currencies

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

Returns By Period

In the year-to-date period, ZPRV.DE achieves a 14.58% return, which is significantly lower than DFSVX's 16.79% return. Both investments have delivered pretty close results over the past 10 years, with ZPRV.DE having a 11.63% annualized return and DFSVX not far behind at 11.18%.

ZPRV.DE

• 1D: 0.77%
• 1M: 2.26%
• YTD: 14.58%
• 6M: 14.63%
• 1Y: 34.42%
• 3Y*: 16.57%
• 5Y*: 10.67%
• 10Y*: 11.63%

DFSVX

• 1D: -0.59%
• 1M: 1.10%
• YTD: 16.79%
• 6M: 15.51%
• 1Y: 32.59%
• 3Y*: 14.72%
• 5Y*: 11.05%
• 10Y*: 11.18%

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

ZPRV.DE vs. DFSVX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
ZPRV.DE SPDR MSCI USA Small Cap Value Weighted UCITS ETF	14.58%	2.99%	14.07%	19.11%	-5.31%	48.07%	-1.85%	27.41%	-11.78%	-3.75%
DFSVX DFA U.S. Small Cap Value Portfolio I	16.79%	-4.49%	16.81%	15.46%	2.41%	50.44%	-6.19%	20.82%	-11.15%	-6.30%

Correlation

The correlation between ZPRV.DE and DFSVX is 0.70, 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	0.70
Correlation (3Y) Calculated over the trailing 3-year period	0.66
Correlation (5Y) Calculated over the trailing 5-year period	0.65
Correlation (10Y) Calculated over the trailing 10-year period	0.65
Correlation (All Time) Calculated using the full available price history since Feb 23, 2015	0.60

The correlation between ZPRV.DE and DFSVX has been stable across timeframes, ranging from 0.60 to 0.70 - a consistent structural relationship.

Return for Risk

ZPRV.DE vs. DFSVX — Risk / Return Rank

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

ZPRV.DE

ZPRV.DE Risk / Return Rank: 74
ZPRV.DE Sharpe Ratio Rank: 66
ZPRV.DE Sortino Ratio Rank: 65
ZPRV.DE Omega Ratio Rank: 64
ZPRV.DE Calmar Ratio Rank: 91
ZPRV.DE Martin Ratio Rank: 85

DFSVX

DFSVX Risk / Return Rank: 53
DFSVX Sharpe Ratio Rank: 44
DFSVX Sortino Ratio Rank: 46
DFSVX Omega Ratio Rank: 42
DFSVX Calmar Ratio Rank: 78
DFSVX 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.

ZPRV.DE vs. DFSVX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SPDR MSCI USA Small Cap Value Weighted UCITS ETF (ZPRV.DE) and DFA U.S. Small Cap Value Portfolio I (DFSVX). 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.

	ZPRV.DE	DFSVX	Difference
Sharpe ratio: Return per unit of total volatility	2.17	1.81	+0.36
Sortino ratio: Return per unit of downside risk	2.98	2.57	+0.41
Omega ratio: Gain probability vs. loss probability	1.38	1.32	+0.06
Calmar ratio: Return relative to maximum drawdown	5.84	4.10	+1.74
Martin ratio: Return relative to average drawdown	17.49	13.41	+4.07
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ZPRV.DE vs. DFSVX - Sharpe Ratio Comparison

The current ZPRV.DE Sharpe Ratio is 2.17, which is comparable to the DFSVX Sharpe Ratio of 1.81. The chart below compares the historical Sharpe Ratios of ZPRV.DE and DFSVX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	ZPRV.DE	DFSVX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.17	1.81	+0.36
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.52	0.52	-0.01
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.53	0.46	+0.06
Sharpe Ratio (All Time) Calculated using the full available price history	0.47	0.37	+0.10

Drawdowns

ZPRV.DE vs. DFSVX - Drawdown Comparison

The maximum ZPRV.DE drawdown since its inception was -46.04%, smaller than the maximum DFSVX drawdown of -60.03%. Use the drawdown chart below to compare losses from any high point for ZPRV.DE and DFSVX.

Drawdown Indicators

	ZPRV.DE	DFSVX	Difference
Max Drawdown Largest peak-to-trough decline	-46.04%	-60.03%	+13.99%
Max Drawdown (1Y) Largest decline over 1 year	-5.87%	-7.68%	+1.81%
Max Drawdown (3Y) Largest decline over 3 years	-31.14%	-31.51%	+0.37%
Max Drawdown (5Y) Largest decline over 5 years	-31.14%	-31.51%	+0.37%
Max Drawdown (10Y) Largest decline over 10 years	-46.04%	-49.21%	+3.17%
Current Drawdown Current decline from peak	0.00%	-0.59%	+0.59%
Average Drawdown Average peak-to-trough decline	-8.34%	-11.51%	+3.17%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.96%	2.34%	-0.38%

Volatility

ZPRV.DE vs. DFSVX - Volatility Comparison

The current volatility for SPDR MSCI USA Small Cap Value Weighted UCITS ETF (ZPRV.DE) is 3.39%, while DFA U.S. Small Cap Value Portfolio I (DFSVX) has a volatility of 3.64%. This indicates that ZPRV.DE experiences smaller price fluctuations and is considered to be less risky than DFSVX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ZPRV.DE	DFSVX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.39%	3.64%	-0.25%
Volatility (6M) Calculated over the trailing 6-month period	9.42%	11.30%	-1.88%
Volatility (1Y) Calculated over the trailing 1-year period	15.78%	17.50%	-1.72%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.38%	21.22%	-0.84%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.56%	24.22%	-1.66%

ZPRV.DE vs. DFSVX - Expense Ratio Comparison

Both ZPRV.DE and DFSVX have an expense ratio of 0.30%.

Dividends

ZPRV.DE vs. DFSVX - Dividend Comparison

ZPRV.DE has not paid dividends to shareholders, while DFSVX's dividend yield for the trailing twelve months is around 1.51%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DFSVX DFA U.S. Small Cap Value Portfolio I	1.51%	1.69%	1.47%	3.67%	6.77%	10.40%	1.96%	2.83%	7.54%	5.18%	4.18%	5.29%
ZPRV.DE SPDR MSCI USA Small Cap 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%

Frequently Asked Questions

Can I hold both ZPRV.DE and DFSVX in my portfolio?

ZPRV.DE and DFSVX have a correlation of 0.70, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.