FTGG.DE vs. PRAE.DE
FTGG.DE (First Trust Germany AlphaDEX UCITS ETF) and PRAE.DE (Amundi Prime Europe UCITS ETF) are both Europe Equities funds - FTGG.DE tracks the Nasdaq AlphaDEX Germany NTR Index while PRAE.DE tracks the Solactive GBS Developed Markets Europe Large & Mid Cap. Both are passively managed. Over the past 5 years, FTGG.DE returned 5.23%/yr vs 10.56%/yr for PRAE.DE. Their correlation of 0.82 suggests significant overlap in exposure. FTGG.DE charges 0.65%/yr vs 0.05%/yr for PRAE.DE.
Performance
FTGG.DE vs. PRAE.DE - Performance Comparison
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Returns By Period
In the year-to-date period, FTGG.DE achieves a 4.55% return, which is significantly lower than PRAE.DE's 11.19% return.
FTGG.DE
- 1D
- -0.40%
- 1M
- -1.49%
- 6M
- -1.27%
- YTD
- 4.55%
- 1Y
- 14.92%
- 3Y*
- 17.21%
- 5Y*
- 5.23%
- 10Y*
- 7.17%
PRAE.DE
- 1D
- 0.22%
- 1M
- 1.64%
- 6M
- 7.62%
- YTD
- 11.19%
- 1Y
- 22.11%
- 3Y*
- 15.09%
- 5Y*
- 10.56%
- 10Y*
- —
FTGG.DE vs. PRAE.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
FTGG.DE First Trust Germany AlphaDEX UCITS ETF | 4.55% | 44.59% | 8.23% | 8.38% | -26.44% | 13.79% | 5.71% |
PRAE.DE Amundi Prime Europe UCITS ETF | 11.19% | 20.48% | 8.47% | 15.73% | -9.23% | 25.26% | -4.30% |
Correlation
The correlation between FTGG.DE and PRAE.DE is 0.75, 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 | 0.75 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.78 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.81 |
Correlation (All Time) Calculated using the full available price history since Jan 22, 2020 | 0.82 |
The correlation between FTGG.DE and PRAE.DE has been stable across timeframes, ranging from 0.75 to 0.82 - a consistent structural relationship.
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Return for Risk
FTGG.DE vs. PRAE.DE — Risk / Return Rank
FTGG.DE
PRAE.DE
FTGG.DE vs. PRAE.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust Germany AlphaDEX UCITS ETF (FTGG.DE) and Amundi Prime Europe UCITS ETF (PRAE.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.
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.
| FTGG.DE | PRAE.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.86 | ||
| Sortino ratioReturn per unit of downside risk | -1.14 | ||
| Omega ratioGain probability vs. loss probability | 1.16 | 1.31 | -0.15 |
| Calmar ratioReturn relative to maximum drawdown | 1.10 | 2.31 | -1.22 |
| Martin ratioReturn relative to average drawdown | 3.31 | 9.05 | -5.74 |
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Drawdowns
FTGG.DE vs. PRAE.DE - Drawdown Comparison
The maximum FTGG.DE drawdown since its inception was -99.97%, which is greater than PRAE.DE's maximum drawdown of -37.01%. Use the drawdown chart below to compare losses from any high point for FTGG.DE and PRAE.DE.
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Drawdown Indicators
| FTGG.DE | PRAE.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.97% | -37.01% | -62.96% |
Max Drawdown (1Y)Largest decline over 1 year | -14.61% | -9.52% | -5.09% |
Max Drawdown (3Y)Largest decline over 3 years | -16.18% | -16.93% | +0.75% |
Max Drawdown (5Y)Largest decline over 5 years | -38.87% | -19.59% | -19.28% |
Max Drawdown (10Y)Largest decline over 10 years | -99.97% | — | — |
Current DrawdownCurrent decline from peak | -5.93% | -1.59% | -4.34% |
Average DrawdownAverage peak-to-trough decline | -12.58% | -5.23% | -7.35% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.84% | 2.44% | +2.40% |
Volatility
FTGG.DE vs. PRAE.DE - Volatility Comparison
First Trust Germany AlphaDEX UCITS ETF (FTGG.DE) has a higher volatility of 6.06% compared to Amundi Prime Europe UCITS ETF (PRAE.DE) at 3.49%. This indicates that FTGG.DE's price experiences larger fluctuations and is considered to be riskier than PRAE.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FTGG.DE | PRAE.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.06% | 3.49% | +2.57% |
Volatility (6M)Calculated over the trailing 6-month period | 17.05% | 11.16% | +5.89% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.85% | 13.19% | +6.66% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.07% | 14.42% | +4.65% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 69,376.52% | 17.78% | +69,358.74% |
FTGG.DE vs. PRAE.DE - Expense Ratio Comparison
FTGG.DE has a 0.65% expense ratio, which is higher than PRAE.DE's 0.05% expense ratio.
Dividends
FTGG.DE vs. PRAE.DE - Dividend Comparison
FTGG.DE's dividend yield for the trailing twelve months is around 1.55%, while PRAE.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
FTGG.DE First Trust Germany AlphaDEX UCITS ETF | 1.55% | 1.53% | 2.24% | 2.85% | 3.10% | 1.03% | 0.58% | 0.05% |
PRAE.DE Amundi Prime Europe UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
FTGG.DE and PRAE.DE have a correlation of 0.75, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, PRAE.DE is cheaper at 0.05% per year. The better choice depends on whether you care most about return, fees, risk, or income.
PRAE.DE is cheaper with a 0.05% expense ratio, compared with 0.65% for FTGG.DE.
FTGG.DE tracks Nasdaq AlphaDEX Germany NTR Index, while PRAE.DE tracks Solactive GBS Developed Markets Europe Large & Mid Cap. They also come from different issuers: First Trust and Amundi. Their fees differ too: 0.65% for FTGG.DE and 0.05% for PRAE.DE.
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