EUN3.DE vs. PRAG.DE
EUN3.DE (iShares Global Government Bond UCITS ETF USD (Dist)) and PRAG.DE (Amundi Prime Global Govies UCITS ETF) are both Global Bonds funds - EUN3.DE tracks the FTSE G7 Government Bond while PRAG.DE tracks the Solactive Global Developed Government Bond. Both are passively managed. Over the past 5 years, EUN3.DE returned -2.76%/yr vs -2.34%/yr for PRAG.DE. Their correlation of 0.84 suggests significant overlap in exposure. EUN3.DE charges 0.20%/yr vs 0.05%/yr for PRAG.DE.
Performance
EUN3.DE vs. PRAG.DE - Performance Comparison
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Returns By Period
In the year-to-date period, EUN3.DE achieves a -1.67% return, which is significantly lower than PRAG.DE's 0.07% return.
EUN3.DE
- 1D
- 0.03%
- 1M
- 0.35%
- YTD
- -1.67%
- 6M
- -2.34%
- 1Y
- -2.97%
- 3Y*
- -1.80%
- 5Y*
- -2.76%
- 10Y*
- -1.20%
PRAG.DE
- 1D
- -0.04%
- 1M
- 0.10%
- YTD
- 0.07%
- 6M
- -0.49%
- 1Y
- -1.02%
- 3Y*
- -0.93%
- 5Y*
- -2.34%
- 10Y*
- —
EUN3.DE vs. PRAG.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
EUN3.DE iShares Global Government Bond UCITS ETF USD (Dist) | -1.67% | -5.37% | 2.25% | 0.44% | -12.65% | 1.09% | -1.46% |
PRAG.DE Amundi Prime Global Govies UCITS ETF | 0.07% | -4.82% | 2.27% | 1.13% | -13.23% | 0.83% | -0.63% |
Correlation
The correlation between EUN3.DE and PRAG.DE is 0.80, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.80 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.87 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.90 |
Correlation (All Time) Calculated using the full available price history since Jan 23, 2020 | 0.84 |
The correlation between EUN3.DE and PRAG.DE shifts across timeframes, from 0.80 (1 year) to 0.90 (5 years), reflecting how their relationship changes across market environments.
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Return for Risk
EUN3.DE vs. PRAG.DE — Risk / Return Rank
EUN3.DE
PRAG.DE
EUN3.DE vs. PRAG.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Global Government Bond UCITS ETF USD (Dist) (EUN3.DE) and Amundi Prime Global Govies UCITS ETF (PRAG.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.
| EUN3.DE | PRAG.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.41 | ||
| Sortino ratioReturn per unit of downside risk | -0.52 | ||
| Omega ratioGain probability vs. loss probability | 0.88 | 0.95 | -0.07 |
| Calmar ratioReturn relative to maximum drawdown | -0.70 | -0.50 | -0.20 |
| Martin ratioReturn relative to average drawdown | -1.37 | -0.96 | -0.41 |
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
| EUN3.DE | PRAG.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.74 | -0.33 | -0.41 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.40 | -0.34 | -0.05 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | -0.19 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.17 | -0.30 | +0.47 |
Drawdowns
EUN3.DE vs. PRAG.DE - Drawdown Comparison
The maximum EUN3.DE drawdown since its inception was -22.74%, roughly equal to the maximum PRAG.DE drawdown of -23.63%. Use the drawdown chart below to compare losses from any high point for EUN3.DE and PRAG.DE.
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Drawdown Indicators
| EUN3.DE | PRAG.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -22.74% | -23.63% | +0.89% |
Max Drawdown (1Y)Largest decline over 1 year | -4.71% | -2.91% | -1.80% |
Max Drawdown (3Y)Largest decline over 3 years | -10.14% | -7.74% | -2.40% |
Max Drawdown (5Y)Largest decline over 5 years | -18.98% | -17.70% | -1.28% |
Max Drawdown (10Y)Largest decline over 10 years | -22.74% | — | — |
Current DrawdownCurrent decline from peak | -21.83% | -21.95% | +0.12% |
Average DrawdownAverage peak-to-trough decline | -9.52% | -15.85% | +6.33% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.42% | 1.52% | +0.90% |
Volatility
EUN3.DE vs. PRAG.DE - Volatility Comparison
iShares Global Government Bond UCITS ETF USD (Dist) (EUN3.DE) and Amundi Prime Global Govies UCITS ETF (PRAG.DE) have volatilities of 1.12% and 1.17%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| EUN3.DE | PRAG.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.12% | 1.17% | -0.05% |
Volatility (6M)Calculated over the trailing 6-month period | 3.34% | 3.27% | +0.07% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.44% | 4.41% | +0.03% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.83% | 6.71% | +0.12% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 6.23% | 7.87% | -1.64% |
EUN3.DE vs. PRAG.DE - Expense Ratio Comparison
EUN3.DE has a 0.20% expense ratio, which is higher than PRAG.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
EUN3.DE vs. PRAG.DE - Dividend Comparison
EUN3.DE's dividend yield for the trailing twelve months is around 1.50%, while PRAG.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EUN3.DE iShares Global Government Bond UCITS ETF USD (Dist) | 1.50% | 3.09% | 2.40% | 1.47% | 0.79% | 0.60% | 1.08% | 1.20% | 1.04% | 1.01% | 1.04% | 0.59% |
PRAG.DE Amundi Prime Global Govies UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
EUN3.DE and PRAG.DE have a correlation of 0.80, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, PRAG.DE is cheaper at 0.05% per year. The better choice depends on whether you care most about return, fees, risk, or income.
PRAG.DE is cheaper with a 0.05% expense ratio, compared with 0.20% for EUN3.DE.
EUN3.DE tracks FTSE G7 Government Bond, while PRAG.DE tracks Solactive Global Developed Government Bond. They also come from different issuers: iShares and Amundi. Their fees differ too: 0.20% for EUN3.DE and 0.05% for PRAG.DE.
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