ZPRX.DE vs. AVSG.L
ZPRX.DE (SPDR MSCI Europe Small Cap Value Weighted UCITS ETF) and AVSG.L (Avantis Global Small Cap Value UCITS ETF USD Acc) are both exchange-traded funds - ZPRX.DE is a Europe Equities fund tracking the MSCI Europe Small Cap Value Weighted, while AVSG.L is a Small Cap Value Equities fund actively managed by Avantis. ZPRX.DE is passively managed, while AVSG.L is actively managed. Over the past year, ZPRX.DE returned 17.16% vs 36.25% for AVSG.L. A 0.51 correlation means they provide meaningful diversification when combined. ZPRX.DE charges 0.30%/yr vs 0.39%/yr for AVSG.L.
Performance
ZPRX.DE vs. AVSG.L - Performance Comparison
Loading charts...
Different Trading Currencies
ZPRX.DE is traded in EUR, while AVSG.L is traded in USD. To make them comparable, the AVSG.L values have been converted to EUR using the latest available exchange rates.
Returns By Period
In the year-to-date period, ZPRX.DE achieves a 7.81% return, which is significantly lower than AVSG.L's 18.94% return.
ZPRX.DE
- 1D
- 0.33%
- 1M
- 3.14%
- YTD
- 7.81%
- 6M
- 11.48%
- 1Y
- 17.16%
- 3Y*
- 15.09%
- 5Y*
- 7.77%
- 10Y*
- 8.15%
AVSG.L
- 1D
- 0.24%
- 1M
- 3.01%
- YTD
- 18.94%
- 6M
- 18.45%
- 1Y
- 36.25%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
ZPRX.DE vs. AVSG.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
ZPRX.DE SPDR MSCI Europe Small Cap Value Weighted UCITS ETF | 7.81% | 26.81% | -1.42% |
AVSG.L Avantis Global Small Cap Value UCITS ETF USD Acc | 18.94% | -1.14% | -3.01% |
Correlation
The correlation between ZPRX.DE and AVSG.L is 0.50, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.50 |
Correlation (All Time) Calculated using the full available price history since Dec 5, 2024 | 0.51 |
The correlation between ZPRX.DE and AVSG.L has been stable across timeframes, ranging from 0.50 to 0.51 - 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
ZPRX.DE vs. AVSG.L — Risk / Return Rank
ZPRX.DE
AVSG.L
ZPRX.DE vs. AVSG.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR MSCI Europe Small Cap Value Weighted UCITS ETF (ZPRX.DE) and Avantis Global Small Cap Value UCITS ETF USD Acc (AVSG.L). 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.
| ZPRX.DE | AVSG.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.27 | ||
| Sortino ratioReturn per unit of downside risk | -1.41 | ||
| Omega ratioGain probability vs. loss probability | 1.22 | 1.43 | -0.21 |
| Calmar ratioReturn relative to maximum drawdown | 1.47 | 6.56 | -5.09 |
| Martin ratioReturn relative to average drawdown | 5.42 | 20.36 | -14.94 |
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
| ZPRX.DE | AVSG.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.23 | 2.49 | -1.27 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.46 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.45 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.39 | 0.50 | -0.11 |
Drawdowns
ZPRX.DE vs. AVSG.L - Drawdown Comparison
The maximum ZPRX.DE drawdown since its inception was -43.93%, which is greater than AVSG.L's maximum drawdown of -27.37%. Use the drawdown chart below to compare losses from any high point for ZPRX.DE and AVSG.L.
Loading charts...
Drawdown Indicators
| ZPRX.DE | AVSG.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -43.93% | -27.37% | -16.56% |
Max Drawdown (1Y)Largest decline over 1 year | -11.63% | -5.50% | -6.13% |
Max Drawdown (3Y)Largest decline over 3 years | -15.95% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -27.52% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -43.93% | — | — |
Current DrawdownCurrent decline from peak | -1.51% | -0.42% | -1.09% |
Average DrawdownAverage peak-to-trough decline | -7.71% | -8.63% | +0.92% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.16% | 1.78% | +1.38% |
Volatility
ZPRX.DE vs. AVSG.L - Volatility Comparison
SPDR MSCI Europe Small Cap Value Weighted UCITS ETF (ZPRX.DE) has a higher volatility of 4.17% compared to Avantis Global Small Cap Value UCITS ETF USD Acc (AVSG.L) at 3.17%. This indicates that ZPRX.DE's price experiences larger fluctuations and is considered to be riskier than AVSG.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| ZPRX.DE | AVSG.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.17% | 3.17% | +1.00% |
Volatility (6M)Calculated over the trailing 6-month period | 11.30% | 10.00% | +1.30% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.94% | 14.48% | -0.54% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.69% | 18.38% | -1.69% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.14% | 18.38% | -0.24% |
ZPRX.DE vs. AVSG.L - Expense Ratio Comparison
ZPRX.DE has a 0.30% expense ratio, which is lower than AVSG.L's 0.39% expense ratio.
Dividends
ZPRX.DE vs. AVSG.L - Dividend Comparison
Neither ZPRX.DE nor AVSG.L has paid dividends to shareholders.
Frequently Asked Questions
ZPRX.DE and AVSG.L have a correlation of 0.50, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, ZPRX.DE is cheaper at 0.30% per year. The better choice depends on whether you care most about return, fees, risk, or income.
ZPRX.DE is cheaper with a 0.30% expense ratio, compared with 0.39% for AVSG.L.
ZPRX.DE is categorized as Europe Equities, while AVSG.L is Small Cap Value Equities. They also come from different issuers: State Street and Avantis. Their fees differ too: 0.30% for ZPRX.DE and 0.39% for AVSG.L.
Find the right allocation for ZPRX.DE and AVSG.L
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