ASWA.DE vs. PRAE.DE

Last updated Jun 5, 2026

ASWA.DE (HANetf European Green Deal UCITS ETF Acc) and PRAE.DE (Amundi Prime Europe UCITS ETF) are both Europe Equities funds - ASWA.DE tracks the SGI European Green Deal ESG Screened while PRAE.DE tracks the Solactive GBS Developed Markets Europe Large & Mid Cap. Both are passively managed. Over the past year, ASWA.DE returned 0.26% vs 16.77% for PRAE.DE. A 0.69 correlation means they provide meaningful diversification when combined. ASWA.DE charges 0.60%/yr vs 0.05%/yr for PRAE.DE.

Performance

ASWA.DE vs. PRAE.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in HANetf European Green Deal UCITS ETF Acc (ASWA.DE) and Amundi Prime Europe UCITS ETF (PRAE.DE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ASWA.DE achieves a -10.58% return, which is significantly lower than PRAE.DE's 7.71% return.

ASWA.DE

• 1D: -0.09%
• 1M: 0.41%
• YTD: -10.58%
• 6M: -9.71%
• 1Y: 0.26%
• 3Y*: —
• 5Y*: —
• 10Y*: —

PRAE.DE

• 1D: 0.23%
• 1M: 3.06%
• YTD: 7.71%
• 6M: 10.19%
• 1Y: 16.77%
• 3Y*: 13.87%
• 5Y*: 10.04%
• 10Y*: —

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

ASWA.DE vs. PRAE.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
ASWA.DE HANetf European Green Deal UCITS ETF Acc	-10.58%	26.07%	-11.37%	-2.40%
PRAE.DE Amundi Prime Europe UCITS ETF	7.71%	20.47%	8.49%	3.43%

Correlation

The correlation between ASWA.DE and PRAE.DE is 0.51, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.51
Correlation (All Time) Calculated using the full available price history since Jul 25, 2023	0.69

The correlation between ASWA.DE and PRAE.DE shifts across timeframes, from 0.51 (1 year) to 0.69 (all time), reflecting how their relationship changes across market environments.

Return for Risk

ASWA.DE vs. PRAE.DE — Risk / Return Rank

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

ASWA.DE

ASWA.DE Risk / Return Rank: 10
ASWA.DE Sharpe Ratio Rank: 9
ASWA.DE Sortino Ratio Rank: 10
ASWA.DE Omega Ratio Rank: 13
ASWA.DE Calmar Ratio Rank: 9
ASWA.DE Martin Ratio Rank: 9

PRAE.DE

PRAE.DE Risk / Return Rank: 38
PRAE.DE Sharpe Ratio Rank: 37
PRAE.DE Sortino Ratio Rank: 37
PRAE.DE Omega Ratio Rank: 38
PRAE.DE Calmar Ratio Rank: 36
PRAE.DE Martin Ratio Rank: 42

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.

ASWA.DE vs. PRAE.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for HANetf European Green Deal UCITS ETF Acc (ASWA.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.

	ASWA.DE	PRAE.DE	Difference
Sharpe ratio: Return per unit of total volatility	0.01	1.29	-1.28
Sortino ratio: Return per unit of downside risk	0.23	1.90	-1.67
Omega ratio: Gain probability vs. loss probability	1.06	1.24	-0.18
Calmar ratio: Return relative to maximum drawdown	0.01	1.75	-1.74
Martin ratio: Return relative to average drawdown	0.03	6.64	-6.62
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ASWA.DE vs. PRAE.DE - Sharpe Ratio Comparison

The current ASWA.DE Sharpe Ratio is 0.01, which is lower than the PRAE.DE Sharpe Ratio of 1.29. The chart below compares the historical Sharpe Ratios of ASWA.DE and PRAE.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.

Sharpe Ratios by Period

	ASWA.DE	PRAE.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.01	1.29	-1.28
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.69	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.04	0.54	-0.58

Drawdowns

ASWA.DE vs. PRAE.DE - Drawdown Comparison

The maximum ASWA.DE drawdown since its inception was -30.36%, smaller than the maximum PRAE.DE drawdown of -32.86%. Use the drawdown chart below to compare losses from any high point for ASWA.DE and PRAE.DE.

Drawdown Indicators

	ASWA.DE	PRAE.DE	Difference
Max Drawdown Largest peak-to-trough decline	-30.36%	-32.86%	+2.50%
Max Drawdown (1Y) Largest decline over 1 year	-30.36%	-9.54%	-20.82%
Max Drawdown (3Y) Largest decline over 3 years	—	-16.94%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-19.60%	—
Current Drawdown Current decline from peak	-23.85%	-1.63%	-22.22%
Average Drawdown Average peak-to-trough decline	-8.15%	-5.27%	-2.88%
Ulcer Index Depth and duration of drawdowns from previous peaks	10.54%	2.52%	+8.02%

Volatility

ASWA.DE vs. PRAE.DE - Volatility Comparison

HANetf European Green Deal UCITS ETF Acc (ASWA.DE) has a higher volatility of 7.52% compared to Amundi Prime Europe UCITS ETF (PRAE.DE) at 4.39%. This indicates that ASWA.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.

Volatility by Period

	ASWA.DE	PRAE.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.52%	4.39%	+3.13%
Volatility (6M) Calculated over the trailing 6-month period	37.06%	10.66%	+26.40%
Volatility (1Y) Calculated over the trailing 1-year period	33.68%	12.97%	+20.71%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.72%	14.42%	+10.30%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.72%	17.22%	+7.50%

ASWA.DE vs. PRAE.DE - Expense Ratio Comparison

ASWA.DE has a 0.60% expense ratio, which is higher than PRAE.DE's 0.05% expense ratio.

Dividends

ASWA.DE vs. PRAE.DE - Dividend Comparison

Neither ASWA.DE nor PRAE.DE has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both ASWA.DE and PRAE.DE in my portfolio?

ASWA.DE and PRAE.DE have a correlation of 0.51, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, ASWA.DE or PRAE.DE?

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.

Which ETF is cheaper, ASWA.DE or PRAE.DE?

PRAE.DE is cheaper with a 0.05% expense ratio, compared with 0.60% for ASWA.DE.

What is the main difference between ASWA.DE and PRAE.DE?

ASWA.DE tracks SGI European Green Deal ESG Screened, while PRAE.DE tracks Solactive GBS Developed Markets Europe Large & Mid Cap. They also come from different issuers: HANetf and Amundi. Their fees differ too: 0.60% for ASWA.DE and 0.05% for PRAE.DE.