ZPRV.DE vs. VGWD.DE
ZPRV.DE (SPDR MSCI USA Small Cap Value Weighted UCITS ETF) and VGWD.DE (Vanguard FTSE All-World High Dividend Yield UCITS ETF USD Distributing) are both exchange-traded funds - ZPRV.DE is a Small Cap Value Equities fund tracking the MSCI USA Small Cap Value Weighted Index, while VGWD.DE is a Dividend fund tracking the FTSE All-World High Dividend Yield Index. Both are passively managed. Over the past 5 years, ZPRV.DE returned 11.12%/yr vs 11.77%/yr for VGWD.DE. A 0.78 correlation means they provide meaningful diversification when combined. ZPRV.DE charges 0.30%/yr vs 0.29%/yr for VGWD.DE.
Performance
ZPRV.DE vs. VGWD.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, ZPRV.DE achieves a 17.92% return, which is significantly higher than VGWD.DE's 14.09% return.
ZPRV.DE
- 1D
- -0.11%
- 1M
- 7.03%
- YTD
- 17.92%
- 6M
- 17.41%
- 1Y
- 37.90%
- 3Y*
- 16.83%
- 5Y*
- 11.12%
- 10Y*
- 12.09%
VGWD.DE
- 1D
- 0.09%
- 1M
- 3.91%
- YTD
- 14.09%
- 6M
- 15.22%
- 1Y
- 27.30%
- 3Y*
- 15.91%
- 5Y*
- 11.77%
- 10Y*
- —
ZPRV.DE vs. VGWD.DE - 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 | 17.92% | 2.99% | 14.07% | 19.11% | -5.40% | 48.22% | -1.86% | 27.40% | -11.77% | 3.88% |
VGWD.DE Vanguard FTSE All-World High Dividend Yield UCITS ETF USD Distributing | 14.09% | 13.16% | 15.75% | 7.29% | 0.08% | 27.89% | -9.60% | 25.03% | -8.03% | 1.24% |
Correlation
The correlation between ZPRV.DE and VGWD.DE is 0.74, 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 | 0.74 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.75 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.77 |
Correlation (All Time) Calculated using the full available price history since Oct 26, 2017 | 0.78 |
The correlation between ZPRV.DE and VGWD.DE has been stable across timeframes, ranging from 0.74 to 0.78 - a consistent structural relationship.
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
ZPRV.DE vs. VGWD.DE — Risk / Return Rank
ZPRV.DE
VGWD.DE
ZPRV.DE vs. VGWD.DE - 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 Vanguard FTSE All-World High Dividend Yield UCITS ETF USD Distributing (VGWD.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.
| ZPRV.DE | VGWD.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.49 | ||
| Sortino ratioReturn per unit of downside risk | -0.76 | ||
| Omega ratioGain probability vs. loss probability | 1.42 | 1.54 | -0.11 |
| Calmar ratioReturn relative to maximum drawdown | 6.43 | 4.67 | +1.75 |
| Martin ratioReturn relative to average drawdown | 20.11 | 18.26 | +1.85 |
Loading charts...
Drawdowns
ZPRV.DE vs. VGWD.DE - Drawdown Comparison
The maximum ZPRV.DE drawdown since its inception was -46.04%, which is greater than VGWD.DE's maximum drawdown of -34.57%. Use the drawdown chart below to compare losses from any high point for ZPRV.DE and VGWD.DE.
Loading charts...
Drawdown Indicators
| ZPRV.DE | VGWD.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -46.04% | -34.57% | -11.47% |
Max Drawdown (1Y)Largest decline over 1 year | -5.87% | -5.82% | -0.05% |
Max Drawdown (3Y)Largest decline over 3 years | -31.14% | -16.86% | -14.28% |
Max Drawdown (5Y)Largest decline over 5 years | -31.14% | -16.86% | -14.28% |
Max Drawdown (10Y)Largest decline over 10 years | -46.04% | — | — |
Current DrawdownCurrent decline from peak | -0.11% | 0.00% | -0.11% |
Average DrawdownAverage peak-to-trough decline | -9.12% | -4.04% | -5.08% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.88% | 1.49% | +0.39% |
Volatility
ZPRV.DE vs. VGWD.DE - Volatility Comparison
SPDR MSCI USA Small Cap Value Weighted UCITS ETF (ZPRV.DE) has a higher volatility of 2.97% compared to Vanguard FTSE All-World High Dividend Yield UCITS ETF USD Distributing (VGWD.DE) at 2.35%. This indicates that ZPRV.DE's price experiences larger fluctuations and is considered to be riskier than VGWD.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| ZPRV.DE | VGWD.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.97% | 2.35% | +0.62% |
Volatility (6M)Calculated over the trailing 6-month period | 9.66% | 7.20% | +2.46% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.70% | 9.39% | +6.31% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.38% | 11.55% | +8.83% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.87% | 14.22% | +8.65% |
ZPRV.DE vs. VGWD.DE - Expense Ratio Comparison
ZPRV.DE has a 0.30% expense ratio, which is higher than VGWD.DE's 0.29% expense ratio.
Dividends
ZPRV.DE vs. VGWD.DE - Dividend Comparison
ZPRV.DE has not paid dividends to shareholders, while VGWD.DE's dividend yield for the trailing twelve months is around 2.45%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
VGWD.DE Vanguard FTSE All-World High Dividend Yield UCITS ETF USD Distributing | 2.45% | 2.84% | 3.05% | 3.40% | 3.78% | 3.02% | 3.08% | 3.21% | 3.70% | 0.58% |
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% |
Frequently Asked Questions
ZPRV.DE and VGWD.DE have a correlation of 0.74, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, VGWD.DE is cheaper at 0.29% per year. The better choice depends on whether you care most about return, fees, risk, or income.
VGWD.DE is cheaper with a 0.29% expense ratio, compared with 0.30% for ZPRV.DE.
ZPRV.DE is categorized as Small Cap Value Equities, while VGWD.DE is Dividend. ZPRV.DE tracks MSCI USA Small Cap Value Weighted Index, while VGWD.DE tracks FTSE All-World High Dividend Yield Index. They also come from different issuers: State Street and Vanguard. Their fees differ too: 0.30% for ZPRV.DE and 0.29% for VGWD.DE.
Find the right allocation for ZPRV.DE and VGWD.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