FEZ vs. PRIE.L

Last updated Jun 4, 2026

FEZ (SPDR EURO STOXX 50 ETF) and PRIE.L (Amundi Prime Europe UCITS ETF DR (D)) are both Europe Equities funds - FEZ tracks the EURO STOXX 50 Index while PRIE.L tracks the MSCI Europe NR EUR. Both are passively managed. Over the past 5 years, FEZ returned 9.90%/yr vs 6.27%/yr for PRIE.L. A 0.77 correlation means they provide meaningful diversification when combined. FEZ charges 0.29%/yr vs 0.05%/yr for PRIE.L.

Performance

FEZ vs. PRIE.L - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SPDR EURO STOXX 50 ETF (FEZ) and Amundi Prime Europe UCITS ETF DR (D) (PRIE.L). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

FEZ is traded in USD, while PRIE.L is traded in GBp. To make them comparable, the PRIE.L values have been converted to USD using the latest available exchange rates.

Returns By Period

In the year-to-date period, FEZ achieves a 5.18% return, which is significantly lower than PRIE.L's 6.85% return.

FEZ

• 1D: -1.26%
• 1M: 5.21%
• YTD: 5.18%
• 6M: 6.87%
• 1Y: 16.91%
• 3Y*: 17.72%
• 5Y*: 9.90%
• 10Y*: 10.28%

PRIE.L

• 1D: 0.76%
• 1M: 1.81%
• YTD: 6.85%
• 6M: 8.28%
• 1Y: 16.72%
• 3Y*: 13.74%
• 5Y*: 6.27%
• 10Y*: —

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

FEZ vs. PRIE.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
FEZ SPDR EURO STOXX 50 ETF	5.18%	37.81%	3.57%	27.16%	-14.27%	14.84%	4.84%	14.14%
PRIE.L Amundi Prime Europe UCITS ETF DR (D)	6.81%	32.20%	-0.67%	15.97%	-16.58%	13.80%	2.84%	9.52%

Correlation

The correlation between FEZ and PRIE.L is 0.78, 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	0.78
Correlation (3Y) Calculated over the trailing 3-year period	0.79
Correlation (5Y) Calculated over the trailing 5-year period	0.79
Correlation (All Time) Calculated using the full available price history since Mar 15, 2019	0.77

The correlation between FEZ and PRIE.L has been stable across timeframes, ranging from 0.77 to 0.79 - a consistent structural relationship.

FEZ vs. PRIE.L - Sectors Allocation Comparison

Sectors	FEZ	PRIE.L
Financial Services	23.4%	24.2%
Industrials	20.1%	19.2%
Technology	17.9%	9.4%
Consumer Cyclical	8.6%	6.5%
Consumer Defensive	5.4%	8.4%
Healthcare	5.2%	13.4%
Energy	5.0%	5.2%
Utilities	4.6%	4.6%
Communication Services	3.5%	3.3%
Basic Materials	3.5%	5.2%
Real Estate	-	0.6%

Return for Risk

FEZ vs. PRIE.L — Risk / Return Rank

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

FEZ

FEZ Risk / Return Rank: 26
FEZ Sharpe Ratio Rank: 26
FEZ Sortino Ratio Rank: 26
FEZ Omega Ratio Rank: 25
FEZ Calmar Ratio Rank: 26
FEZ Martin Ratio Rank: 29

PRIE.L

PRIE.L Risk / Return Rank: 37
PRIE.L Sharpe Ratio Rank: 38
PRIE.L Sortino Ratio Rank: 37
PRIE.L Omega Ratio Rank: 40
PRIE.L Calmar Ratio Rank: 33
PRIE.L Martin Ratio Rank: 36

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.

FEZ vs. PRIE.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SPDR EURO STOXX 50 ETF (FEZ) and Amundi Prime Europe UCITS ETF DR (D) (PRIE.L). 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.

	FEZ	PRIE.L	Difference
Sharpe ratio Return per unit of total volatility	0.95	1.13	-0.18
Sortino ratio Return per unit of downside risk	1.43	1.65	-0.21
Omega ratio Gain probability vs. loss probability	1.17	1.21	-0.04
Calmar ratio Return relative to maximum drawdown	1.25	1.44	-0.20
Martin ratio Return relative to average drawdown	4.25	5.09	-0.84
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FEZ vs. PRIE.L - Sharpe Ratio Comparison

The current FEZ Sharpe Ratio is 0.95, which is comparable to the PRIE.L Sharpe Ratio of 1.13. The chart below compares the historical Sharpe Ratios of FEZ and PRIE.L, 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

	FEZ	PRIE.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.95	1.13	-0.18
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.48	0.35	+0.13
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.49	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.30	0.42	-0.12

Drawdowns

FEZ vs. PRIE.L - Drawdown Comparison

The maximum FEZ drawdown since its inception was -64.21%, which is greater than PRIE.L's maximum drawdown of -36.86%. Use the drawdown chart below to compare losses from any high point for FEZ and PRIE.L.

Drawdown Indicators

	FEZ	PRIE.L	Difference
Max Drawdown Largest peak-to-trough decline	-64.21%	-36.86%	-27.35%
Max Drawdown (1Y) Largest decline over 1 year	-13.63%	-11.53%	-2.10%
Max Drawdown (3Y) Largest decline over 3 years	-15.85%	-15.15%	-0.70%
Max Drawdown (5Y) Largest decline over 5 years	-35.05%	-32.93%	-2.12%
Max Drawdown (10Y) Largest decline over 10 years	-39.69%	—	—
Current Drawdown Current decline from peak	-2.33%	-1.37%	-0.96%
Average Drawdown Average peak-to-trough decline	-17.07%	-7.32%	-9.75%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.99%	3.28%	+0.71%

Volatility

FEZ vs. PRIE.L - Volatility Comparison

SPDR EURO STOXX 50 ETF (FEZ) has a higher volatility of 6.72% compared to Amundi Prime Europe UCITS ETF DR (D) (PRIE.L) at 4.96%. This indicates that FEZ's price experiences larger fluctuations and is considered to be riskier than PRIE.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FEZ	PRIE.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.72%	4.96%	+1.76%
Volatility (6M) Calculated over the trailing 6-month period	14.85%	12.23%	+2.62%
Volatility (1Y) Calculated over the trailing 1-year period	17.91%	14.76%	+3.15%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.61%	17.68%	+2.93%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.11%	18.98%	+2.13%

FEZ vs. PRIE.L - Expense Ratio Comparison

FEZ has a 0.29% expense ratio, which is higher than PRIE.L's 0.05% expense ratio.

Dividends

FEZ vs. PRIE.L - Dividend Comparison

FEZ's dividend yield for the trailing twelve months is around 2.57%, more than PRIE.L's 0.02% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FEZ SPDR EURO STOXX 50 ETF	2.57%	2.78%	2.94%	2.75%	3.06%	2.61%	2.13%	2.61%	3.45%	2.44%	3.35%	3.03%
PRIE.L Amundi Prime Europe UCITS ETF DR (D)	0.02%	0.03%	0.03%	0.03%	0.03%	0.02%	0.02%	0.03%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both FEZ and PRIE.L in my portfolio?

FEZ and PRIE.L have a correlation of 0.78, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, FEZ or PRIE.L?

On fees, PRIE.L 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, FEZ or PRIE.L?

PRIE.L is cheaper with a 0.05% expense ratio, compared with 0.29% for FEZ.

What is the main difference between FEZ and PRIE.L?

FEZ tracks EURO STOXX 50 Index, while PRIE.L tracks MSCI Europe NR EUR. They also come from different issuers: State Street and Amundi. Their fees differ too: 0.29% for FEZ and 0.05% for PRIE.L.