CSH2.L vs. PRAB.DE
CSH2.L (Lyxor Smart Overnight Return UCITS ETF C-GBP) and PRAB.DE (Amundi Prime Euro Government Bonds 0-1Y UCITS ETF) are both exchange-traded funds - CSH2.L is a Money Market fund actively managed by Amundi, while PRAB.DE is a European Government Bonds fund tracking the Solactive Eurozone Government Bond 0-1 Year. CSH2.L is actively managed, while PRAB.DE is passively managed. Over the past 5 years, CSH2.L returned 3.65%/yr vs 1.77%/yr for PRAB.DE. At a 0.04 correlation, their price movements are largely independent. CSH2.L charges 0.07%/yr vs 0.05%/yr for PRAB.DE.
Performance
CSH2.L vs. PRAB.DE - Performance Comparison
Loading charts...
Different Trading Currencies
CSH2.L is traded in GBp, while PRAB.DE is traded in EUR. To make them comparable, the PRAB.DE values have been converted to GBp using the latest available exchange rates.
Returns By Period
In the year-to-date period, CSH2.L achieves a 1.71% return, which is significantly higher than PRAB.DE's -0.08% return.
CSH2.L
- 1D
- 0.01%
- 1M
- 0.35%
- YTD
- 1.71%
- 6M
- 2.09%
- 1Y
- 4.37%
- 3Y*
- 4.99%
- 5Y*
- 3.65%
- 10Y*
- 2.07%
PRAB.DE
- 1D
- 0.03%
- 1M
- 0.30%
- YTD
- -0.08%
- 6M
- -0.22%
- 1Y
- 4.65%
- 3Y*
- 3.00%
- 5Y*
- 1.77%
- 10Y*
- —
CSH2.L vs. PRAB.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
CSH2.L Lyxor Smart Overnight Return UCITS ETF C-GBP | 1.71% | 4.67% | 5.61% | 4.72% | 1.54% | 0.13% | 0.02% |
PRAB.DE Amundi Prime Euro Government Bonds 0-1Y UCITS ETF | -0.08% | 7.49% | -0.95% | 0.80% | 4.65% | -7.61% | -0.20% |
Correlation
The correlation between CSH2.L and PRAB.DE is 0.15, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.15 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.09 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.04 |
Correlation (All Time) Calculated using the full available price history since Oct 30, 2020 | 0.04 |
The correlation between CSH2.L and PRAB.DE shifts across timeframes, from 0.04 (5 years) to 0.15 (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
CSH2.L vs. PRAB.DE — Risk / Return Rank
CSH2.L
PRAB.DE
CSH2.L vs. PRAB.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Lyxor Smart Overnight Return UCITS ETF C-GBP (CSH2.L) 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.
| CSH2.L | PRAB.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +6.89 | ||
| Sortino ratioReturn per unit of downside risk | +13.27 | ||
| Omega ratioGain probability vs. loss probability | 4.37 | 1.21 | +3.16 |
| Calmar ratioReturn relative to maximum drawdown | 27.61 | 2.33 | +25.28 |
| Martin ratioReturn relative to average drawdown | 158.77 | 4.90 | +153.87 |
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
| CSH2.L | PRAB.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 8.04 | 1.15 | +6.89 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 6.48 | 0.34 | +6.14 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 4.68 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 4.61 | 0.12 | +4.50 |
Drawdowns
CSH2.L vs. PRAB.DE - Drawdown Comparison
The maximum CSH2.L drawdown since its inception was -0.37%, smaller than the maximum PRAB.DE drawdown of -10.51%. Use the drawdown chart below to compare losses from any high point for CSH2.L and PRAB.DE.
Loading charts...
Drawdown Indicators
| CSH2.L | PRAB.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -0.37% | -10.51% | +10.14% |
Max Drawdown (1Y)Largest decline over 1 year | -0.16% | -1.99% | +1.83% |
Max Drawdown (3Y)Largest decline over 3 years | -0.29% | -3.23% | +2.94% |
Max Drawdown (5Y)Largest decline over 5 years | -0.29% | -4.71% | +4.42% |
Max Drawdown (10Y)Largest decline over 10 years | -0.37% | — | — |
Current DrawdownCurrent decline from peak | 0.00% | -1.22% | +1.22% |
Average DrawdownAverage peak-to-trough decline | -0.00% | -4.73% | +4.73% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.03% | 0.95% | -0.92% |
Volatility
CSH2.L vs. PRAB.DE - Volatility Comparison
The current volatility for Lyxor Smart Overnight Return UCITS ETF C-GBP (CSH2.L) is 0.08%, while Amundi Prime Euro Government Bonds 0-1Y UCITS ETF (PRAB.DE) has a volatility of 1.02%. This indicates that CSH2.L experiences smaller price fluctuations and is considered to be less risky than PRAB.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| CSH2.L | PRAB.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.08% | 1.02% | -0.94% |
Volatility (6M)Calculated over the trailing 6-month period | 0.25% | 2.61% | -2.36% |
Volatility (1Y)Calculated over the trailing 1-year period | 0.54% | 4.04% | -3.50% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 0.56% | 5.46% | -4.90% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 0.44% | 5.77% | -5.33% |
CSH2.L vs. PRAB.DE - Expense Ratio Comparison
CSH2.L has a 0.07% 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
CSH2.L vs. PRAB.DE - Dividend Comparison
Neither CSH2.L nor PRAB.DE has paid dividends to shareholders.
Frequently Asked Questions
CSH2.L and PRAB.DE have a correlation of 0.15, 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 0.07% for CSH2.L.
CSH2.L is categorized as Money Market, while PRAB.DE is European Government Bonds. Their fees differ too: 0.07% for CSH2.L and 0.05% for PRAB.DE.
Find the right allocation for CSH2.L 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