GLDA.DE vs. PRAB.DE
GLDA.DE (Amundi Physical Gold ETC (C)) and PRAB.DE (Amundi Prime Euro Government Bonds 0-1Y UCITS ETF) are both exchange-traded funds - GLDA.DE is a Precious Metals fund tracking the Gold, while PRAB.DE is a European Government Bonds fund tracking the Solactive Eurozone Government Bond 0-1 Year. Both are passively managed. Over the past 5 years, GLDA.DE returned 19.71%/yr vs 1.66%/yr for PRAB.DE. At a 0.12 correlation, their price movements are largely independent. GLDA.DE charges 0.12%/yr vs 0.05%/yr for PRAB.DE.
Performance
GLDA.DE vs. PRAB.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, GLDA.DE achieves a 2.73% return, which is significantly higher than PRAB.DE's 0.87% return.
GLDA.DE
- 1D
- 0.57%
- 1M
- -1.60%
- YTD
- 2.73%
- 6M
- 6.36%
- 1Y
- 30.16%
- 3Y*
- 28.03%
- 5Y*
- 19.71%
- 10Y*
- —
PRAB.DE
- 1D
- 0.06%
- 1M
- 0.23%
- YTD
- 0.87%
- 6M
- 0.92%
- 1Y
- 1.89%
- 3Y*
- 2.84%
- 5Y*
- 1.66%
- 10Y*
- —
GLDA.DE vs. PRAB.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
GLDA.DE Amundi Physical Gold ETC (C) | 2.73% | 48.99% | 34.24% | 9.40% | 7.00% | 3.88% | -4.57% |
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 GLDA.DE and PRAB.DE is 0.09, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.09 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.10 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.12 |
Correlation (All Time) Calculated using the full available price history since Oct 30, 2020 | 0.12 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
GLDA.DE vs. PRAB.DE — Risk / Return Rank
GLDA.DE
PRAB.DE
GLDA.DE vs. PRAB.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Amundi Physical Gold ETC (C) (GLDA.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.
| GLDA.DE | PRAB.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.82 | ||
| Sortino ratioReturn per unit of downside risk | -3.21 | ||
| Omega ratioGain probability vs. loss probability | 1.26 | 1.67 | -0.41 |
| Calmar ratioReturn relative to maximum drawdown | 1.82 | 10.66 | -8.85 |
| Martin ratioReturn relative to average drawdown | 4.60 | 51.86 | -47.26 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| GLDA.DE | PRAB.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.30 | 3.12 | -1.82 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.21 | 3.14 | -1.93 |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.10 | 2.84 | -1.74 |
Drawdowns
GLDA.DE vs. PRAB.DE - Drawdown Comparison
The maximum GLDA.DE drawdown since its inception was -18.34%, 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 GLDA.DE and PRAB.DE.
Loading charts...
Drawdown Indicators
| GLDA.DE | PRAB.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -18.34% | -1.67% | -16.67% |
Max Drawdown (1Y)Largest decline over 1 year | -16.53% | -0.18% | -16.35% |
Max Drawdown (3Y)Largest decline over 3 years | -16.53% | -0.18% | -16.35% |
Max Drawdown (5Y)Largest decline over 5 years | -16.53% | -1.30% | -15.23% |
Current DrawdownCurrent decline from peak | -15.01% | 0.00% | -15.01% |
Average DrawdownAverage peak-to-trough decline | -5.75% | -0.41% | -5.34% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.54% | 0.04% | +6.50% |
Volatility
GLDA.DE vs. PRAB.DE - Volatility Comparison
Amundi Physical Gold ETC (C) (GLDA.DE) has a higher volatility of 5.11% compared to Amundi Prime Euro Government Bonds 0-1Y UCITS ETF (PRAB.DE) at 0.22%. This indicates that GLDA.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.
Loading charts...
Volatility by Period
| GLDA.DE | PRAB.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.11% | 0.22% | +4.89% |
Volatility (6M)Calculated over the trailing 6-month period | 20.17% | 0.52% | +19.65% |
Volatility (1Y)Calculated over the trailing 1-year period | 23.11% | 0.60% | +22.51% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.05% | 0.55% | +15.50% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.85% | 0.55% | +15.30% |
GLDA.DE vs. PRAB.DE - Expense Ratio Comparison
GLDA.DE has a 0.12% 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
GLDA.DE vs. PRAB.DE - Dividend Comparison
Neither GLDA.DE nor PRAB.DE has paid dividends to shareholders.
Frequently Asked Questions
GLDA.DE and PRAB.DE have a correlation of 0.09, 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 0.12% for GLDA.DE.
GLDA.DE is categorized as Precious Metals, while PRAB.DE is European Government Bonds. GLDA.DE tracks Gold, while PRAB.DE tracks Solactive Eurozone Government Bond 0-1 Year. Their fees differ too: 0.12% for GLDA.DE and 0.05% for PRAB.DE.
Find the right allocation for GLDA.DE and PRAB.DE
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer