Comparison window: 14 Sept 2020 → 16 Oct 2026 (max: from the most recent launch) · currency: 🇪🇺 EUR · inflation: 🇮🇹 Italy · distributions: reinvested where declared
Report produced on 20 October 2026 · data as of the dates shown per section Sources: official issuer documents (KID, factsheet, declared NAV series and holdings), ESMA register, ECB rates, Eurostat Public methodology: rebalix.com/en/methodology
Informational document generated by rebalix.com — facts side by side, no recommendations. It does not constitute investment advice or investment research under Directive 2014/65/EU (MiFID II). Past performance is not indicative of future results.
ZPRI — State Street® SPDR® Morningstar Multi-Asset Global Infrastructure UCITS ETF (Dist) · IE00BQWJFQ70 · Multi-asset
Performance over the period, in euro
From 14 Sept 2020 to 16 Oct 2026 · base 100 · ECB rates, dividends reinvested where declared
In euro (nominal)
In today’s purchasing power (net of Italy inflation)
Same scale in both panels: the gap between endpoints is Italian inflation over the period (Eurostat). Volatility stays nominal, as everywhere on the site.
How far they fell — drawdown from peak (nominal)
In euro · distance from the previous peak, day by day, on NAV: for distributing classes it includes ex-dividend drops (slightly deeper than total return)
Filled area: MAGG; thin lines: the other funds.
The worst episode, fund by fund
Fund
Max drawdown
Trough
Recovery time
Underwater
MAGG
−25.0%
29 Sept 2022
620 days
888 days · back to break-even on 10 Jun 2024
ZPRI
−18.1%
23 Oct 2023
976 days
1,409 days · back to break-even on 25 Jun 2026
"Recovery time" = the climb only: trough to break-even (0%). "Underwater" = decline + recovery: peak to break-even.
Drawdown net of Italy inflation
Same curve in purchasing-power terms: as on the site, drawdown follows the real view (volatility stays nominal, per methodology)
In real terms declines are deeper and recoveries slower. Monthly price index (Eurostat), held at the last published value.
ZPRI — State Street® SPDR® Morningstar Multi-Asset Global Infrastructure UCITS ETF (Dist) · IE00BQWJFQ70 · Multi-asset
Geographic composition
% of portfolio, from full declared holdings
Sector composition
GICS sectors, same sources and dates
Portfolio overlap
0 common holdings · ticker match on full official portfolios
How the shared part is computed: for each security held by both funds, only the SMALLER of the two weights counts — a stock at 5% in one fund and 1% in the other overlaps by 1%, not 5%. Summed over all 0 common holdings this gives 0.0%: buying both funds, roughly this share of your money buys the same stocks twice. Note: the published portfolio does not cover the whole fund (MAGG: 92% · ZPRI: 100%) — overlap is computed on the published part and should be read as a floor.
ZPRI — State Street® SPDR® Morningstar Multi-Asset Global Infrastructure UCITS ETF (Dist) · IE00BQWJFQ70 · Multi-asset
Metric
MAGG
ZPRI
Note
Identity
Category
Multi-asset · Global
Multi-asset
Rebalix engine classification
Replication
—
Physical (sampled)
as declared by the issuer
Currency hedging
Yes — hedged to GBP
No
source: class name, factsheet
Income policy
accumulating
distributing
—
Costs
TER
0.25%
0.40%
as declared by the issuer
Transaction costs (KID)
0.06%
0.01%
internal
All-in cost
0.31%
0.41%
declared annual cost + transaction (KID)
Tracking difference (3a)
—
−0.68%
vs its OWN index
Performance in euro (ECB rates)
1 year
+21.6%
+7.7%
—
3 years
+66.5%
+26.0%
—
5 years
+48.1%
+18.4%
—
10 years
—
+58.0%
— = series younger than the window
Risk · last 3 years
Volatility (ann.)
+10.70%
+7.10%
—
Max drawdown
−16.73%
−9.78%
—
Sharpe
1.27
0.57
risk-free = ECB MRO avg
Sortino
1.80
0.79
like Sharpe, downside only
Distributions (fund currency)
Frequency
accumulating class
semi-annual
—
Distributions, last 12 months
accumulating class
1.1367 USD
per share
Distribution yield
accumulating class
3.07%
12 months / NAV
Last ex-date
accumulating class
1 Oct 2026 · 0.6139 USD
—
Italian taxation
Effective capital-gains rate
24.79%
25.99%
white list, current half-year
Documents & exchanges
Listing venues
2
10
ESMA register
Borsa Italiana ticker
—
—
—
Indicative cumulative cost: on 10,000 euro over 5 years (stated assumption: 5%/yr growth, cost = TER + transaction) ~197 euro MAGG · ~260 euro ZPRI. Broker costs not included.
Disclaimer
This document is for information only and does not constitute investment advice under Directive 2014/65/EU (MiFID II), investment research, a personal recommendation, or an offer or solicitation to buy or sell financial instruments.
Past performance is not indicative of, nor a guarantee of, future results. The value of an investment can go down as well as up and investors may not get back the capital invested. Euro returns are affected by currency fluctuations.
Before any investment decision, read the KID and the Prospectus, available from the issuers. Tax treatment depends on individual circumstances and may change.
Data come from official issuer documents and public registers, following the public methodology at rebalix.com/en/methodology. "—" fields were not published by the source and have not been estimated. Rebalix receives no compensation from the issuers mentioned.