ZPRX.DE vs. VEUA.L
Compare and contrast key facts about SPDR MSCI Europe Small Cap Value Weighted UCITS ETF (ZPRX.DE) and Vanguard FTSE Developed Europe UCITS ETF (EUR) Accumulating (VEUA.L).
ZPRX.DE and VEUA.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. ZPRX.DE is a passively managed fund by State Street that tracks the performance of the MSCI Europe Small Cap Value Weighted. It was launched on Feb 18, 2015. VEUA.L is a passively managed fund by Vanguard that tracks the performance of the MSCI Europe NR EUR. It was launched on Jul 23, 2019. Both ZPRX.DE and VEUA.L are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ZPRX.DE or VEUA.L.
Key characteristics
| ZPRX.DE | VEUA.L | |
|---|---|---|
| YTD Return | 3.22% | 3.37% |
| 1Y Return | 13.48% | 10.43% |
| 3Y Return (Ann) | 0.60% | 3.49% |
| 5Y Return (Ann) | 6.18% | 6.77% |
| Sharpe Ratio | 0.86 | 0.93 |
| Sortino Ratio | 1.23 | 1.35 |
| Omega Ratio | 1.15 | 1.16 |
| Calmar Ratio | 1.20 | 1.42 |
| Martin Ratio | 3.79 | 4.07 |
| Ulcer Index | 3.10% | 2.28% |
| Daily Std Dev | 13.98% | 10.01% |
| Max Drawdown | -43.93% | -28.45% |
| Current Drawdown | -6.32% | -6.11% |
Correlation
The correlation between ZPRX.DE and VEUA.L is 0.84, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
ZPRX.DE vs. VEUA.L - Performance Comparison
The year-to-date returns for both investments are quite close, with ZPRX.DE having a 3.22% return and VEUA.L slightly higher at 3.37%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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ZPRX.DE vs. VEUA.L - Expense Ratio Comparison
ZPRX.DE has a 0.30% expense ratio, which is higher than VEUA.L's 0.10% expense ratio.
Risk-Adjusted Performance
ZPRX.DE vs. VEUA.L - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR MSCI Europe Small Cap Value Weighted UCITS ETF (ZPRX.DE) and Vanguard FTSE Developed Europe UCITS ETF (EUR) Accumulating (VEUA.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.
Dividends
ZPRX.DE vs. VEUA.L - Dividend Comparison
Neither ZPRX.DE nor VEUA.L has paid dividends to shareholders.
Drawdowns
ZPRX.DE vs. VEUA.L - Drawdown Comparison
The maximum ZPRX.DE drawdown since its inception was -43.93%, which is greater than VEUA.L's maximum drawdown of -28.45%. Use the drawdown chart below to compare losses from any high point for ZPRX.DE and VEUA.L. For additional features, visit the drawdowns tool.
Volatility
ZPRX.DE vs. VEUA.L - Volatility Comparison
SPDR MSCI Europe Small Cap Value Weighted UCITS ETF (ZPRX.DE) has a higher volatility of 5.42% compared to Vanguard FTSE Developed Europe UCITS ETF (EUR) Accumulating (VEUA.L) at 4.53%. This indicates that ZPRX.DE's price experiences larger fluctuations and is considered to be riskier than VEUA.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.