FLXD.L vs. PRIE.L

Last updated Jun 25, 2026

FLXD.L (Franklin European Quality Dividend UCITS ETF) and PRIE.L (Amundi Prime Europe UCITS ETF DR (D)) are both Europe Equities funds - FLXD.L tracks the MSCI Europe High Div Yld NR EUR while PRIE.L tracks the MSCI Europe NR EUR. Both are passively managed. Over the past 5 years, FLXD.L returned 12.45%/yr vs 10.24%/yr for PRIE.L. A 0.76 correlation means they provide meaningful diversification when combined. FLXD.L charges 0.25%/yr vs 0.05%/yr for PRIE.L.

Performance

FLXD.L vs. PRIE.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in Franklin European Quality Dividend UCITS ETF (FLXD.L) and Amundi Prime Europe UCITS ETF DR (D) (PRIE.L). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

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

Returns By Period

In the year-to-date period, FLXD.L achieves a 10.05% return, which is significantly higher than PRIE.L's 8.64% return.

FLXD.L

• 1D: -0.10%
• 1M: -1.58%
• YTD: 10.05%
• 6M: 10.51%
• 1Y: 20.92%
• 3Y*: 19.71%
• 5Y*: 12.45%
• 10Y*: —

PRIE.L

• 1D: -0.05%
• 1M: 1.92%
• YTD: 8.64%
• 6M: 9.10%
• 1Y: 22.66%
• 3Y*: 15.38%
• 5Y*: 10.24%
• 10Y*: —

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

FLXD.L vs. PRIE.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
FLXD.L Franklin European Quality Dividend UCITS ETF	10.05%	30.47%	7.67%	8.27%	5.37%	9.65%	1.13%	12.70%
PRIE.L Amundi Prime Europe UCITS ETF DR (D)	8.64%	26.12%	3.78%	13.38%	-3.62%	17.39%	1.98%	1.60%

Correlation

The correlation between FLXD.L and PRIE.L is 0.59, 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	0.59
Correlation (3Y) Calculated over the trailing 3-year period	0.61
Correlation (5Y) Calculated over the trailing 5-year period	0.70
Correlation (All Time) Calculated using the full available price history since Jan 30, 2019	0.76

The correlation between FLXD.L and PRIE.L shifts across timeframes, from 0.59 (1 year) to 0.76 (all time), reflecting how their relationship changes across market environments.

FLXD.L vs. PRIE.L - Sectors Allocation Comparison

Sectors	FLXD.L	PRIE.L
Financial Services	42.8%	24.7%
Communication Services	15.0%	3.3%
Healthcare	8.9%	13.1%
Energy	8.7%	5.0%
Industrials	7.1%	19.0%
Basic Materials	6.7%	5.1%
Real Estate	4.5%	0.6%
Consumer Defensive	3.7%	8.2%
Consumer Cyclical	1.2%	6.7%
Technology	0.8%	9.8%
Utilities	0.7%	4.5%

Return for Risk

FLXD.L vs. PRIE.L — Risk / Return Rank

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

FLXD.L

FLXD.L Risk / Return Rank: 86
FLXD.L Sharpe Ratio Rank: 85
FLXD.L Sortino Ratio Rank: 88
FLXD.L Omega Ratio Rank: 82
FLXD.L Calmar Ratio Rank: 92
FLXD.L Martin Ratio Rank: 83

PRIE.L

PRIE.L Risk / Return Rank: 59
PRIE.L Sharpe Ratio Rank: 65
PRIE.L Sortino Ratio Rank: 64
PRIE.L Omega Ratio Rank: 67
PRIE.L Calmar Ratio Rank: 49
PRIE.L Martin Ratio Rank: 51

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.

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

This table presents a comparison of risk-adjusted performance metrics for Franklin European Quality Dividend UCITS ETF (FLXD.L) 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	FLXD.L	PRIE.L	Difference
Sharpe ratio: Return per unit of total volatility	2.42	1.86	+0.56
Sortino ratio: Return per unit of downside risk	3.54	2.59	+0.95
Omega ratio: Gain probability vs. loss probability	1.43	1.35	+0.08
Calmar ratio: Return relative to maximum drawdown	5.65	2.14	+3.51
Martin ratio: Return relative to average drawdown	15.11	7.75	+7.36

FLXD.L vs. PRIE.L - Sharpe Ratio Comparison

The current FLXD.L Sharpe Ratio is 2.42, which is comparable to the PRIE.L Sharpe Ratio of 1.86. The chart below compares the historical Sharpe Ratios of FLXD.L 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.

Drawdowns

FLXD.L vs. PRIE.L - Drawdown Comparison

The maximum FLXD.L drawdown since its inception was -30.29%, roughly equal to the maximum PRIE.L drawdown of -29.33%. Use the drawdown chart below to compare losses from any high point for FLXD.L and PRIE.L.

Drawdown Indicators

	FLXD.L	PRIE.L	Difference
Max Drawdown Largest peak-to-trough decline	-30.29%	-29.33%	-0.96%
Max Drawdown (1Y) Largest decline over 1 year	-3.68%	-10.55%	+6.87%
Max Drawdown (3Y) Largest decline over 3 years	-7.80%	-13.25%	+5.45%
Max Drawdown (5Y) Largest decline over 5 years	-12.31%	-15.93%	+3.62%
Current Drawdown Current decline from peak	-2.06%	-0.86%	-1.20%
Average Drawdown Average peak-to-trough decline	-5.38%	-4.65%	-0.73%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.38%	2.92%	-1.54%

Volatility

FLXD.L vs. PRIE.L - Volatility Comparison

The current volatility for Franklin European Quality Dividend UCITS ETF (FLXD.L) is 2.36%, while Amundi Prime Europe UCITS ETF DR (D) (PRIE.L) has a volatility of 2.86%. This indicates that FLXD.L experiences smaller price fluctuations and is considered to be less risky than PRIE.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FLXD.L	PRIE.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.36%	2.86%	-0.50%
Volatility (6M) Calculated over the trailing 6-month period	7.00%	10.31%	-3.31%
Volatility (1Y) Calculated over the trailing 1-year period	8.65%	12.16%	-3.51%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	10.87%	13.95%	-3.08%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.15%	16.49%	-3.34%

FLXD.L vs. PRIE.L - Expense Ratio Comparison

FLXD.L has a 0.25% expense ratio, which is higher than PRIE.L'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

FLXD.L vs. PRIE.L - Dividend Comparison

FLXD.L's dividend yield for the trailing twelve months is around 3.99%, more than PRIE.L's 2.37% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
FLXD.L Franklin European Quality Dividend UCITS ETF	3.99%	4.20%	4.36%	4.96%	5.02%	4.72%	3.57%	4.56%	5.43%
PRIE.L Amundi Prime Europe UCITS ETF DR (D)	2.37%	2.57%	2.84%	2.88%	3.10%	2.27%	2.16%	2.76%	0.00%

Frequently Asked Questions

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

FLXD.L and PRIE.L have a correlation of 0.59, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, FLXD.L 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, FLXD.L or PRIE.L?

PRIE.L is cheaper with a 0.05% expense ratio, compared with 0.25% for FLXD.L.

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

FLXD.L tracks MSCI Europe High Div Yld NR EUR, while PRIE.L tracks MSCI Europe NR EUR. They also come from different issuers: Franklin Templeton and Amundi. Their fees differ too: 0.25% for FLXD.L and 0.05% for PRIE.L.