ZPRX.DE vs. SGAS.DE
ZPRX.DE (SPDR MSCI Europe Small Cap Value Weighted UCITS ETF) and SGAS.DE (iShares MSCI USA ESG Screened 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 SGAS.DE is a Large Cap Blend Equities fund tracking the MSCI USA ESG Screened. Both are passively managed. Over the past 5 years, ZPRX.DE returned 8.17%/yr vs 14.75%/yr for SGAS.DE. A 0.60 correlation means they provide meaningful diversification when combined. ZPRX.DE charges 0.30%/yr vs 0.07%/yr for SGAS.DE.
Performance
ZPRX.DE vs. SGAS.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, ZPRX.DE achieves a 8.58% return, which is significantly lower than SGAS.DE's 11.05% return.
ZPRX.DE
- 1D
- 0.45%
- 1M
- 3.87%
- YTD
- 8.58%
- 6M
- 11.26%
- 1Y
- 19.08%
- 3Y*
- 14.83%
- 5Y*
- 8.17%
- 10Y*
- 8.79%
SGAS.DE
- 1D
- 1.65%
- 1M
- 2.18%
- YTD
- 11.05%
- 6M
- 12.43%
- 1Y
- 27.18%
- 3Y*
- 19.46%
- 5Y*
- 14.75%
- 10Y*
- —
ZPRX.DE vs. SGAS.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
ZPRX.DE SPDR MSCI Europe Small Cap Value Weighted UCITS ETF | 8.58% | 26.81% | 4.29% | 15.26% | -13.51% | 27.59% | -3.52% | 28.99% | -11.81% |
SGAS.DE iShares MSCI USA ESG Screened UCITS ETF USD (Acc) | 11.05% | 5.16% | 33.87% | 26.35% | -17.03% | 39.63% | 10.63% | 35.35% | -20.64% |
Correlation
The correlation between ZPRX.DE and SGAS.DE is 0.57, 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 | 0.57 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.48 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.56 |
Correlation (All Time) Calculated using the full available price history since Oct 19, 2018 | 0.60 |
The correlation between ZPRX.DE and SGAS.DE shifts across timeframes, from 0.48 (3 years) to 0.60 (all time), reflecting how their relationship changes across market environments.
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. SGAS.DE — Risk / Return Rank
ZPRX.DE
SGAS.DE
ZPRX.DE vs. SGAS.DE - 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 iShares MSCI USA ESG Screened UCITS ETF USD (Acc) (SGAS.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.
| ZPRX.DE | SGAS.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.77 | ||
| Sortino ratioReturn per unit of downside risk | -0.92 | ||
| Omega ratioGain probability vs. loss probability | 1.24 | 1.38 | -0.14 |
| Calmar ratioReturn relative to maximum drawdown | 1.63 | 3.18 | -1.55 |
| Martin ratioReturn relative to average drawdown | 6.01 | 11.05 | -5.04 |
Loading charts...
Drawdowns
ZPRX.DE vs. SGAS.DE - Drawdown Comparison
The maximum ZPRX.DE drawdown since its inception was -43.93%, which is greater than SGAS.DE's maximum drawdown of -33.50%. Use the drawdown chart below to compare losses from any high point for ZPRX.DE and SGAS.DE.
Loading charts...
Drawdown Indicators
| ZPRX.DE | SGAS.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -43.93% | -33.50% | -10.43% |
Max Drawdown (1Y)Largest decline over 1 year | -11.63% | -8.51% | -3.12% |
Max Drawdown (3Y)Largest decline over 3 years | -15.95% | -24.69% | +8.74% |
Max Drawdown (5Y)Largest decline over 5 years | -27.52% | -24.69% | -2.83% |
Max Drawdown (10Y)Largest decline over 10 years | -43.93% | — | — |
Current DrawdownCurrent decline from peak | -0.81% | -0.59% | -0.22% |
Average DrawdownAverage peak-to-trough decline | -7.69% | -5.53% | -2.16% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.17% | 2.45% | +0.72% |
Volatility
ZPRX.DE vs. SGAS.DE - Volatility Comparison
SPDR MSCI Europe Small Cap Value Weighted UCITS ETF (ZPRX.DE) and iShares MSCI USA ESG Screened UCITS ETF USD (Acc) (SGAS.DE) have volatilities of 3.87% and 3.75%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| ZPRX.DE | SGAS.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.87% | 3.75% | +0.12% |
Volatility (6M)Calculated over the trailing 6-month period | 11.49% | 8.87% | +2.62% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.06% | 12.79% | +1.27% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.72% | 16.08% | +0.64% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.09% | 18.24% | -0.15% |
ZPRX.DE vs. SGAS.DE - Expense Ratio Comparison
ZPRX.DE has a 0.30% expense ratio, which is higher than SGAS.DE's 0.07% expense ratio.
Dividends
ZPRX.DE vs. SGAS.DE - Dividend Comparison
Neither ZPRX.DE nor SGAS.DE has paid dividends to shareholders.
Frequently Asked Questions
ZPRX.DE and SGAS.DE have a correlation of 0.57, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, SGAS.DE is cheaper at 0.07% per year. The better choice depends on whether you care most about return, fees, risk, or income.
SGAS.DE is cheaper with a 0.07% expense ratio, compared with 0.30% for ZPRX.DE.
ZPRX.DE is categorized as Europe Equities, while SGAS.DE is Large Cap Blend Equities. ZPRX.DE tracks MSCI Europe Small Cap Value Weighted, while SGAS.DE tracks MSCI USA ESG Screened. They also come from different issuers: State Street and iShares. Their fees differ too: 0.30% for ZPRX.DE and 0.07% for SGAS.DE.
Find the right allocation for ZPRX.DE and SGAS.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