DBXP.DE vs. PRAB.DE
DBXP.DE (Xtrackers Eurozone Government Bond 1-3 UCITS ETF) and PRAB.DE (Amundi Prime Euro Government Bonds 0-1Y UCITS ETF) are both European Government Bonds funds - DBXP.DE tracks the iBoxx® EUR Eurozone 1-3 while PRAB.DE tracks the Solactive Eurozone Government Bond 0-1 Year. Both are passively managed. Over the past 5 years, DBXP.DE returned 0.67%/yr vs 1.66%/yr for PRAB.DE. At a 0.30 correlation, their price movements are largely independent. DBXP.DE charges 0.15%/yr vs 0.05%/yr for PRAB.DE.
Performance
DBXP.DE vs. PRAB.DE - Performance Comparison
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Returns By Period
In the year-to-date period, DBXP.DE achieves a 0.04% return, which is significantly lower than PRAB.DE's 0.87% return.
DBXP.DE
- 1D
- 0.04%
- 1M
- 0.20%
- YTD
- 0.04%
- 6M
- 0.12%
- 1Y
- 0.80%
- 3Y*
- 2.61%
- 5Y*
- 0.67%
- 10Y*
- 0.22%
PRAB.DE
- 1D
- 0.06%
- 1M
- 0.23%
- YTD
- 0.87%
- 6M
- 0.92%
- 1Y
- 1.89%
- 3Y*
- 2.84%
- 5Y*
- 1.66%
- 10Y*
- —
DBXP.DE vs. PRAB.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
DBXP.DE Xtrackers Eurozone Government Bond 1-3 UCITS ETF | 0.04% | 2.21% | 2.99% | 3.41% | -4.59% | -0.85% | -0.07% |
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 DBXP.DE and PRAB.DE is 0.19, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.19 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.21 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.31 |
Correlation (All Time) Calculated using the full available price history since Oct 30, 2020 | 0.30 |
The correlation between DBXP.DE and PRAB.DE shifts across timeframes, from 0.19 (1 year) to 0.31 (5 years), reflecting how their relationship changes across market environments.
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Return for Risk
DBXP.DE vs. PRAB.DE — Risk / Return Rank
DBXP.DE
PRAB.DE
DBXP.DE vs. PRAB.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers Eurozone Government Bond 1-3 UCITS ETF (DBXP.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.
| DBXP.DE | PRAB.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.47 | ||
| Sortino ratioReturn per unit of downside risk | -3.98 | ||
| Omega ratioGain probability vs. loss probability | 1.13 | 1.67 | -0.54 |
| Calmar ratioReturn relative to maximum drawdown | 0.64 | 10.66 | -10.02 |
| Martin ratioReturn relative to average drawdown | 2.08 | 51.86 | -49.79 |
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
| DBXP.DE | PRAB.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.65 | 3.12 | -2.47 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.40 | 3.14 | -2.74 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.12 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.56 | 2.84 | -2.28 |
Drawdowns
DBXP.DE vs. PRAB.DE - Drawdown Comparison
The maximum DBXP.DE drawdown since its inception was -6.77%, 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 DBXP.DE and PRAB.DE.
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Drawdown Indicators
| DBXP.DE | PRAB.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -6.77% | -1.67% | -5.10% |
Max Drawdown (1Y)Largest decline over 1 year | -1.24% | -0.18% | -1.06% |
Max Drawdown (3Y)Largest decline over 3 years | -1.24% | -0.18% | -1.06% |
Max Drawdown (5Y)Largest decline over 5 years | -5.67% | -1.30% | -4.37% |
Max Drawdown (10Y)Largest decline over 10 years | -6.77% | — | — |
Current DrawdownCurrent decline from peak | -0.55% | 0.00% | -0.55% |
Average DrawdownAverage peak-to-trough decline | -1.00% | -0.41% | -0.59% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.39% | 0.04% | +0.35% |
Volatility
DBXP.DE vs. PRAB.DE - Volatility Comparison
Xtrackers Eurozone Government Bond 1-3 UCITS ETF (DBXP.DE) has a higher volatility of 0.46% compared to Amundi Prime Euro Government Bonds 0-1Y UCITS ETF (PRAB.DE) at 0.22%. This indicates that DBXP.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
| DBXP.DE | PRAB.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.46% | 0.22% | +0.24% |
Volatility (6M)Calculated over the trailing 6-month period | 1.11% | 0.52% | +0.59% |
Volatility (1Y)Calculated over the trailing 1-year period | 1.22% | 0.60% | +0.62% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 1.65% | 0.55% | +1.10% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 1.80% | 0.55% | +1.25% |
DBXP.DE vs. PRAB.DE - Expense Ratio Comparison
DBXP.DE has a 0.15% 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
DBXP.DE vs. PRAB.DE - Dividend Comparison
Neither DBXP.DE nor PRAB.DE has paid dividends to shareholders.
Frequently Asked Questions
DBXP.DE and PRAB.DE have a correlation of 0.19, 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 0.15% for DBXP.DE.
DBXP.DE tracks iBoxx® EUR Eurozone 1-3, while PRAB.DE tracks Solactive Eurozone Government Bond 0-1 Year. They also come from different issuers: Xtrackers and Amundi. Their fees differ too: 0.15% for DBXP.DE and 0.05% for PRAB.DE.
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