AMEL.DE vs. PRAB.DE
AMEL.DE (Amundi MSCI Emerging Markets Latin America UCITS ETF EUR) and PRAB.DE (Amundi Prime Euro Government Bonds 0-1Y UCITS ETF) are both exchange-traded funds - AMEL.DE is a Latin America Equities fund tracking the MSCI Emerging Markets Latin America, while PRAB.DE is a European Government Bonds fund tracking the Solactive Eurozone Government Bond 0-1 Year. Both are passively managed. Over the past 5 years, AMEL.DE returned 9.48%/yr vs 1.66%/yr for PRAB.DE. At a correlation of -0.00, they often move in opposite directions. AMEL.DE charges 0.20%/yr vs 0.05%/yr for PRAB.DE.
Performance
AMEL.DE vs. PRAB.DE - Performance Comparison
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Returns By Period
In the year-to-date period, AMEL.DE achieves a 10.83% return, which is significantly higher than PRAB.DE's 0.87% return.
AMEL.DE
- 1D
- -0.86%
- 1M
- -7.22%
- YTD
- 10.83%
- 6M
- 8.65%
- 1Y
- 34.54%
- 3Y*
- 10.77%
- 5Y*
- 9.48%
- 10Y*
- 7.43%
PRAB.DE
- 1D
- 0.06%
- 1M
- 0.23%
- YTD
- 0.87%
- 6M
- 0.92%
- 1Y
- 1.89%
- 3Y*
- 2.84%
- 5Y*
- 1.66%
- 10Y*
- —
AMEL.DE vs. PRAB.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
AMEL.DE Amundi MSCI Emerging Markets Latin America UCITS ETF EUR | 10.83% | 38.06% | -22.22% | 28.09% | 16.34% | -3.21% | 30.13% |
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 AMEL.DE and PRAB.DE is 0.11, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.11 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.02 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.01 |
Correlation (All Time) Calculated using the full available price history since Oct 30, 2020 | -0.00 |
The correlation between AMEL.DE and PRAB.DE shifts across timeframes, from -0.00 (all time) to 0.11 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
AMEL.DE vs. PRAB.DE — Risk / Return Rank
AMEL.DE
PRAB.DE
AMEL.DE vs. PRAB.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Amundi MSCI Emerging Markets Latin America UCITS ETF EUR (AMEL.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.
| AMEL.DE | PRAB.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.22 | ||
| Sortino ratioReturn per unit of downside risk | -2.36 | ||
| Omega ratioGain probability vs. loss probability | 1.33 | 1.67 | -0.35 |
| Calmar ratioReturn relative to maximum drawdown | 3.16 | 10.66 | -7.50 |
| Martin ratioReturn relative to average drawdown | 9.66 | 51.86 | -42.20 |
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
| AMEL.DE | PRAB.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.90 | 3.12 | -1.22 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.45 | 3.14 | -2.69 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.29 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.12 | 2.84 | -2.71 |
Drawdowns
AMEL.DE vs. PRAB.DE - Drawdown Comparison
The maximum AMEL.DE drawdown since its inception was -52.69%, 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 AMEL.DE and PRAB.DE.
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Drawdown Indicators
| AMEL.DE | PRAB.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -52.69% | -1.67% | -51.02% |
Max Drawdown (1Y)Largest decline over 1 year | -10.86% | -0.18% | -10.68% |
Max Drawdown (3Y)Largest decline over 3 years | -25.38% | -0.18% | -25.20% |
Max Drawdown (5Y)Largest decline over 5 years | -25.38% | -1.30% | -24.08% |
Max Drawdown (10Y)Largest decline over 10 years | -51.31% | — | — |
Current DrawdownCurrent decline from peak | -10.86% | 0.00% | -10.86% |
Average DrawdownAverage peak-to-trough decline | -17.89% | -0.41% | -17.48% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.57% | 0.04% | +3.53% |
Volatility
AMEL.DE vs. PRAB.DE - Volatility Comparison
Amundi MSCI Emerging Markets Latin America UCITS ETF EUR (AMEL.DE) has a higher volatility of 5.32% compared to Amundi Prime Euro Government Bonds 0-1Y UCITS ETF (PRAB.DE) at 0.22%. This indicates that AMEL.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.
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Volatility by Period
| AMEL.DE | PRAB.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.32% | 0.22% | +5.10% |
Volatility (6M)Calculated over the trailing 6-month period | 15.30% | 0.52% | +14.78% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.10% | 0.60% | +17.50% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.90% | 0.55% | +20.35% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.27% | 0.55% | +24.72% |
AMEL.DE vs. PRAB.DE - Expense Ratio Comparison
AMEL.DE has a 0.20% expense ratio, which is higher than PRAB.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
AMEL.DE vs. PRAB.DE - Dividend Comparison
Neither AMEL.DE nor PRAB.DE has paid dividends to shareholders.
Frequently Asked Questions
AMEL.DE and PRAB.DE have a correlation of 0.11, 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 0.20% for AMEL.DE.
AMEL.DE is categorized as Latin America Equities, while PRAB.DE is European Government Bonds. AMEL.DE tracks MSCI Emerging Markets Latin America, while PRAB.DE tracks Solactive Eurozone Government Bond 0-1 Year. Their fees differ too: 0.20% for AMEL.DE and 0.05% for PRAB.DE.
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