^STOXX vs. PRAB.DE

Last updated Jun 16, 2026

^STOXX (STOXX Europe 600 Index) is an index, while PRAB.DE (Amundi Prime Euro Government Bonds 0-1Y UCITS ETF) is European Government Bonds fund tracking the Solactive Eurozone Government Bond 0-1 Year. Over the past 5 years, ^STOXX returned 6.72%/yr vs 1.66%/yr for PRAB.DE. At a 0.04 correlation, their price movements are largely independent.

Performance

^STOXX vs. PRAB.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in STOXX Europe 600 Index (^STOXX) and Amundi Prime Euro Government Bonds 0-1Y UCITS ETF (PRAB.DE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ^STOXX achieves a 6.82% return, which is significantly higher than PRAB.DE's 0.87% return.

^STOXX

• 1D: 1.88%
• 1M: 4.33%
• YTD: 6.82%
• 6M: 8.70%
• 1Y: 16.20%
• 3Y*: 10.98%
• 5Y*: 6.72%
• 10Y*: 7.05%

PRAB.DE

• 1D: 0.06%
• 1M: 0.25%
• YTD: 0.87%
• 6M: 0.93%
• 1Y: 1.88%
• 3Y*: 2.84%
• 5Y*: 1.66%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

^STOXX vs. PRAB.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
^STOXX STOXX Europe 600 Index	6.82%	17.42%	5.39%	12.74%	-13.06%	22.10%	16.97%
PRAB.DE Amundi Prime Euro Government Bonds 0-1Y UCITS ETF	0.87%	2.18%	3.56%	2.85%	-0.79%	-0.60%	-0.09%

Correlation

The correlation between ^STOXX and PRAB.DE is 0.14, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.14
Correlation (3Y) Calculated over the trailing 3-year period	0.08
Correlation (5Y) Calculated over the trailing 5-year period	0.06
Correlation (All Time) Calculated using the full available price history since Oct 29, 2020	0.04

Return for Risk

^STOXX vs. PRAB.DE — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

^STOXX

^STOXX Risk / Return Rank: 43
^STOXX Sharpe Ratio Rank: 43
^STOXX Sortino Ratio Rank: 45
^STOXX Omega Ratio Rank: 45
^STOXX Calmar Ratio Rank: 39
^STOXX Martin Ratio Rank: 45

PRAB.DE

PRAB.DE Risk / Return Rank: 95
PRAB.DE Sharpe Ratio Rank: 91
PRAB.DE Sortino Ratio Rank: 94
PRAB.DE Omega Ratio Rank: 94
PRAB.DE Calmar Ratio Rank: 97
PRAB.DE Martin Ratio Rank: 98

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

^STOXX vs. PRAB.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for STOXX Europe 600 Index (^STOXX) and Amundi Prime Euro Government Bonds 0-1Y UCITS ETF (PRAB.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.

	^STOXX	PRAB.DE	Difference
Sharpe ratio: Return per unit of total volatility	1.25	3.12	-1.87
Sortino ratio: Return per unit of downside risk	1.88	4.95	-3.07
Omega ratio: Gain probability vs. loss probability	1.23	1.67	-0.44
Calmar ratio: Return relative to maximum drawdown	1.61	10.66	-9.06
Martin ratio: Return relative to average drawdown	5.82	51.86	-46.05

^STOXX vs. PRAB.DE - Sharpe Ratio Comparison

The current ^STOXX Sharpe Ratio is 1.25, which is lower than the PRAB.DE Sharpe Ratio of 3.12. The chart below compares the historical Sharpe Ratios of ^STOXX and PRAB.DE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

^STOXX vs. PRAB.DE - Drawdown Comparison

The maximum ^STOXX drawdown since its inception was -60.54%, which is greater than PRAB.DE's maximum drawdown of -1.67%. Use the drawdown chart below to compare losses from any high point for ^STOXX and PRAB.DE.

Drawdown Indicators

	^STOXX	PRAB.DE	Difference
Max Drawdown Largest peak-to-trough decline	-60.54%	-1.67%	-58.87%
Max Drawdown (1Y) Largest decline over 1 year	-9.56%	-0.18%	-9.38%
Max Drawdown (3Y) Largest decline over 3 years	-16.56%	-0.18%	-16.38%
Max Drawdown (5Y) Largest decline over 5 years	-22.55%	-1.30%	-21.25%
Max Drawdown (10Y) Largest decline over 10 years	-35.55%	—	—
Current Drawdown Current decline from peak	-0.10%	0.00%	-0.10%
Average Drawdown Average peak-to-trough decline	-14.61%	-0.41%	-14.20%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.68%	0.04%	+2.64%

Volatility

^STOXX vs. PRAB.DE - Volatility Comparison

STOXX Europe 600 Index (^STOXX) has a higher volatility of 3.17% compared to Amundi Prime Euro Government Bonds 0-1Y UCITS ETF (PRAB.DE) at 0.22%. This indicates that ^STOXX's price experiences larger fluctuations and is considered to be riskier than PRAB.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	^STOXX	PRAB.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.17%	0.22%	+2.95%
Volatility (6M) Calculated over the trailing 6-month period	10.28%	0.52%	+9.76%
Volatility (1Y) Calculated over the trailing 1-year period	12.30%	0.60%	+11.70%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.22%	0.55%	+13.67%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.50%	0.55%	+14.95%

Frequently Asked Questions

Can I hold both ^STOXX and PRAB.DE in my portfolio?

^STOXX and PRAB.DE have a correlation of 0.14, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.