2BTC.DE vs. PRAB.DE
2BTC.DE (21Shares Bitcoin ETP) and PRAB.DE (Amundi Prime Euro Government Bonds 0-1Y UCITS ETF) are both exchange-traded funds - 2BTC.DE is a Cryptocurrency fund actively managed by 21Shares, while PRAB.DE is a European Government Bonds fund tracking the Solactive Eurozone Government Bond 0-1 Year. 2BTC.DE is actively managed, while PRAB.DE is passively managed. Over the past 5 years, 2BTC.DE returned 11.03%/yr vs 1.66%/yr for PRAB.DE. At a 0.03 correlation, their price movements are largely independent. 2BTC.DE charges 1.49%/yr vs 0.05%/yr for PRAB.DE.
Performance
2BTC.DE vs. PRAB.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, 2BTC.DE achieves a -26.93% return, which is significantly lower than PRAB.DE's 0.87% return.
2BTC.DE
- 1D
- -3.67%
- 1M
- -21.27%
- YTD
- -26.93%
- 6M
- -31.43%
- 1Y
- -41.35%
- 3Y*
- 28.78%
- 5Y*
- 11.03%
- 10Y*
- —
PRAB.DE
- 1D
- 0.06%
- 1M
- 0.23%
- YTD
- 0.87%
- 6M
- 0.92%
- 1Y
- 1.89%
- 3Y*
- 2.84%
- 5Y*
- 1.66%
- 10Y*
- —
2BTC.DE vs. PRAB.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
2BTC.DE 21Shares Bitcoin ETP | -26.93% | -17.79% | 127.95% | 147.44% | -63.76% | 82.65% | 93.39% |
PRAB.DE Amundi Prime Euro Government Bonds 0-1Y UCITS ETF | 0.87% | 2.18% | 3.56% | 2.85% | -0.79% | -0.60% | -0.12% |
Correlation
The correlation between 2BTC.DE 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 | 0.05 |
Correlation (All Time) Calculated using the full available price history since Oct 30, 2020 | 0.03 |
The correlation between 2BTC.DE and PRAB.DE shifts across timeframes, from 0.03 (all time) to 0.14 (1 year), 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
2BTC.DE vs. PRAB.DE — Risk / Return Rank
2BTC.DE
PRAB.DE
2BTC.DE vs. PRAB.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for 21Shares Bitcoin ETP (2BTC.DE) 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.
| 2BTC.DE | PRAB.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -4.16 | ||
| Sortino ratioReturn per unit of downside risk | -6.50 | ||
| Omega ratioGain probability vs. loss probability | 0.83 | 1.67 | -0.84 |
| Calmar ratioReturn relative to maximum drawdown | -0.83 | 10.66 | -11.49 |
| Martin ratioReturn relative to average drawdown | -1.45 | 51.86 | -53.31 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| 2BTC.DE | PRAB.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -1.04 | 3.12 | -4.16 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.21 | 3.14 | -2.93 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.62 | 2.84 | -2.22 |
Drawdowns
2BTC.DE vs. PRAB.DE - Drawdown Comparison
The maximum 2BTC.DE drawdown since its inception was -74.55%, 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 2BTC.DE and PRAB.DE.
Loading charts...
Drawdown Indicators
| 2BTC.DE | PRAB.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -74.55% | -1.67% | -72.88% |
Max Drawdown (1Y)Largest decline over 1 year | -49.73% | -0.18% | -49.55% |
Max Drawdown (3Y)Largest decline over 3 years | -49.73% | -0.18% | -49.55% |
Max Drawdown (5Y)Largest decline over 5 years | -74.55% | -1.30% | -73.25% |
Current DrawdownCurrent decline from peak | -49.12% | 0.00% | -49.12% |
Average DrawdownAverage peak-to-trough decline | -30.26% | -0.41% | -29.85% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 28.45% | 0.04% | +28.41% |
Volatility
2BTC.DE vs. PRAB.DE - Volatility Comparison
21Shares Bitcoin ETP (2BTC.DE) has a higher volatility of 9.87% compared to Amundi Prime Euro Government Bonds 0-1Y UCITS ETF (PRAB.DE) at 0.22%. This indicates that 2BTC.DE'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.
Loading charts...
Volatility by Period
| 2BTC.DE | PRAB.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.87% | 0.22% | +9.65% |
Volatility (6M)Calculated over the trailing 6-month period | 31.32% | 0.52% | +30.80% |
Volatility (1Y)Calculated over the trailing 1-year period | 39.83% | 0.60% | +39.23% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 52.82% | 0.55% | +52.27% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 57.93% | 0.55% | +57.38% |
2BTC.DE vs. PRAB.DE - Expense Ratio Comparison
2BTC.DE has a 1.49% expense ratio, which is higher than PRAB.DE's 0.05% expense ratio.
Dividends
2BTC.DE vs. PRAB.DE - Dividend Comparison
Neither 2BTC.DE nor PRAB.DE has paid dividends to shareholders.
Frequently Asked Questions
2BTC.DE 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.
On fees, PRAB.DE is cheaper at 0.05% per year. The better choice depends on whether you care most about return, fees, risk, or income.
PRAB.DE is cheaper with a 0.05% expense ratio, compared with 1.49% for 2BTC.DE.
2BTC.DE is categorized as Cryptocurrency, while PRAB.DE is European Government Bonds. They also come from different issuers: 21Shares and Amundi. Their fees differ too: 1.49% for 2BTC.DE and 0.05% for PRAB.DE.
Find the right allocation for 2BTC.DE and PRAB.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