AME6.DE vs. PRAE.DE
AME6.DE (Amundi STOXX Europe 600 ESG UCITS ETF EUR) and PRAE.DE (Amundi Prime Europe UCITS ETF) are both Europe Equities funds from Amundi - AME6.DE tracks the STOXX® Europe 600 ESG+ while PRAE.DE tracks the Solactive GBS Developed Markets Europe Large & Mid Cap. Both are passively managed. Over the past 5 years, AME6.DE returned 9.07%/yr vs 10.04%/yr for PRAE.DE. Their correlation of 0.88 suggests significant overlap in exposure. AME6.DE charges 0.18%/yr vs 0.05%/yr for PRAE.DE.
Performance
AME6.DE vs. PRAE.DE - Performance Comparison
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Returns By Period
In the year-to-date period, AME6.DE achieves a 6.14% return, which is significantly lower than PRAE.DE's 7.71% return.
AME6.DE
- 1D
- 0.63%
- 1M
- 0.99%
- YTD
- 6.14%
- 6M
- 8.85%
- 1Y
- 14.58%
- 3Y*
- 12.81%
- 5Y*
- 9.07%
- 10Y*
- 8.80%
PRAE.DE
- 1D
- 0.23%
- 1M
- 0.88%
- YTD
- 7.71%
- 6M
- 9.87%
- 1Y
- 16.29%
- 3Y*
- 13.87%
- 5Y*
- 10.04%
- 10Y*
- —
AME6.DE vs. PRAE.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
AME6.DE Amundi STOXX Europe 600 ESG UCITS ETF EUR | 6.14% | 19.36% | 8.44% | 15.75% | -10.90% | 24.53% | -3.06% |
PRAE.DE Amundi Prime Europe UCITS ETF | 7.71% | 20.47% | 8.49% | 15.73% | -9.25% | 25.29% | -4.31% |
Correlation
The correlation between AME6.DE and PRAE.DE is 0.97 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.97 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.97 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.98 |
Correlation (All Time) Calculated using the full available price history since Jan 23, 2020 | 0.88 |
The correlation between AME6.DE and PRAE.DE has been stable across timeframes, ranging from 0.88 to 0.98 - a consistent structural relationship.
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Return for Risk
AME6.DE vs. PRAE.DE — Risk / Return Rank
AME6.DE
PRAE.DE
AME6.DE vs. PRAE.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Amundi STOXX Europe 600 ESG UCITS ETF EUR (AME6.DE) and Amundi Prime Europe UCITS ETF (PRAE.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.
| AME6.DE | PRAE.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.22 | ||
| Sortino ratioReturn per unit of downside risk | -0.28 | ||
| Omega ratioGain probability vs. loss probability | 1.20 | 1.24 | -0.04 |
| Calmar ratioReturn relative to maximum drawdown | 1.36 | 1.75 | -0.39 |
| Martin ratioReturn relative to average drawdown | 5.00 | 6.64 | -1.64 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| AME6.DE | PRAE.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.07 | 1.29 | -0.22 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.62 | 0.69 | -0.07 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.56 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.50 | 0.54 | -0.04 |
Drawdowns
AME6.DE vs. PRAE.DE - Drawdown Comparison
The maximum AME6.DE drawdown since its inception was -35.62%, which is greater than PRAE.DE's maximum drawdown of -32.86%. Use the drawdown chart below to compare losses from any high point for AME6.DE and PRAE.DE.
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Drawdown Indicators
| AME6.DE | PRAE.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -35.62% | -32.86% | -2.76% |
Max Drawdown (1Y)Largest decline over 1 year | -10.82% | -9.54% | -1.28% |
Max Drawdown (3Y)Largest decline over 3 years | -16.22% | -16.94% | +0.72% |
Max Drawdown (5Y)Largest decline over 5 years | -20.84% | -19.60% | -1.24% |
Max Drawdown (10Y)Largest decline over 10 years | -35.62% | — | — |
Current DrawdownCurrent decline from peak | -1.77% | -1.63% | -0.14% |
Average DrawdownAverage peak-to-trough decline | -5.44% | -5.27% | -0.17% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.94% | 2.52% | +0.42% |
Volatility
AME6.DE vs. PRAE.DE - Volatility Comparison
Amundi STOXX Europe 600 ESG UCITS ETF EUR (AME6.DE) has a higher volatility of 4.61% compared to Amundi Prime Europe UCITS ETF (PRAE.DE) at 4.39%. This indicates that AME6.DE's price experiences larger fluctuations and is considered to be riskier than PRAE.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AME6.DE | PRAE.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.61% | 4.39% | +0.22% |
Volatility (6M)Calculated over the trailing 6-month period | 11.48% | 10.66% | +0.82% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.79% | 12.97% | +0.82% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.57% | 14.42% | +0.15% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.65% | 17.22% | -1.57% |
AME6.DE vs. PRAE.DE - Expense Ratio Comparison
AME6.DE has a 0.18% expense ratio, which is higher than PRAE.DE's 0.05% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
AME6.DE vs. PRAE.DE - Dividend Comparison
Neither AME6.DE nor PRAE.DE has paid dividends to shareholders.
Frequently Asked Questions
With a correlation of 0.97, AME6.DE and PRAE.DE move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
On fees, PRAE.DE is cheaper at 0.05% per year. The better choice depends on whether you care most about return, fees, risk, or income.
PRAE.DE is cheaper with a 0.05% expense ratio, compared with 0.18% for AME6.DE.
AME6.DE tracks STOXX® Europe 600 ESG+, while PRAE.DE tracks Solactive GBS Developed Markets Europe Large & Mid Cap. Their fees differ too: 0.18% for AME6.DE and 0.05% for PRAE.DE.
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