diff --git a/bin/resources/shaders/vulkan/tfx.glsl b/bin/resources/shaders/vulkan/tfx.glsl
index 12736ff9a7..7e4909faaf 100644
--- a/bin/resources/shaders/vulkan/tfx.glsl
+++ b/bin/resources/shaders/vulkan/tfx.glsl
@@ -587,7 +587,7 @@ void main()
 
 #define PS_FEEDBACK_LOOP_IS_NEEDED_RT (PS_TEX_IS_FB == 1 || AFAIL_NEEDS_RT || PS_FBMASK || SW_BLEND_NEEDS_RT || SW_AD_TO_HW || (PS_DATE >= 5))
 #define PS_FEEDBACK_LOOP_IS_NEEDED_DEPTH (AFAIL_NEEDS_DEPTH || ZTST_NEEDS_DEPTH || AA1_NEEDS_DEPTH)
-#define ZWRITE (PS_ZCLAMP || PS_ZFLOOR || SW_DEPTH || PS_FEEDBACK_LOOP_IS_NEEDED_DEPTH)
+#define ZWRITE (PS_ZCLAMP || PS_ZFLOOR || PS_FEEDBACK_LOOP_IS_NEEDED_DEPTH)
 
 #define PS_RETURN_COLOR_ROV (!PS_NO_COLOR && PS_ROV_COLOR)
 #define PS_RETURN_COLOR (!PS_NO_COLOR && !PS_ROV_COLOR)
diff --git a/pcsx2/ShaderCacheVersion.h b/pcsx2/ShaderCacheVersion.h
index 64e4a03ee8..c08b953adb 100644
--- a/pcsx2/ShaderCacheVersion.h
+++ b/pcsx2/ShaderCacheVersion.h
@@ -3,4 +3,4 @@
 
 /// Version number for GS and other shaders. Increment whenever any of the contents of the
 /// shaders change, to invalidate the cache.
-static constexpr u32 SHADER_CACHE_VERSION = 108; // Last changed in PR 14688
+static constexpr u32 SHADER_CACHE_VERSION = 109; // Last changed in PR 14795