GLTY.L vs. PRIR.L
GLTY.L (SPDR Bloomberg UK Gilt UCITS ETF) and PRIR.L (Amundi Prime Euro Govies UCITS ETF DR (D)) are both European Government Bonds funds - GLTY.L tracks the FTSE Act UK Cnvt Gilts All Stocks TR GBP while PRIR.L tracks the Bloomberg Euro Agg Govt TR EUR. Both are passively managed. Over the past 5 years, GLTY.L returned 73.54%/yr vs -2.11%/yr for PRIR.L. At a 0.36 correlation, their price movements are largely independent. GLTY.L charges 0.15%/yr vs 0.05%/yr for PRIR.L.
Performance
GLTY.L vs. PRIR.L - Performance Comparison
Loading charts...
Different Trading Currencies
GLTY.L is traded in GBP, while PRIR.L is traded in GBp. To make them comparable, the PRIR.L values have been converted to GBP using the latest available exchange rates.
Returns By Period
In the year-to-date period, GLTY.L achieves a -3.21% return, which is significantly lower than PRIR.L's -1.02% return.
GLTY.L
- 1D
- -0.55%
- 1M
- 0.71%
- YTD
- -3.21%
- 6M
- -3.32%
- 1Y
- -1.70%
- 3Y*
- 0.59%
- 5Y*
- 73.54%
- 10Y*
- 283.79%
PRIR.L
- 1D
- -0.46%
- 1M
- 0.32%
- YTD
- -1.02%
- 6M
- -1.46%
- 1Y
- 2.39%
- 3Y*
- 2.31%
- 5Y*
- -2.11%
- 10Y*
- —
GLTY.L vs. PRIR.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
GLTY.L SPDR Bloomberg UK Gilt UCITS ETF | -3.21% | 3.10% | -4.48% | 279.86% | 158.03% | 169.82% | 413.90% | 160.73% |
PRIR.L Amundi Prime Euro Govies UCITS ETF DR (D) | -1.02% | 5.74% | -3.03% | 4.65% | -13.31% | -10.41% | 10.86% | 3.33% |
Correlation
The correlation between GLTY.L and PRIR.L is 0.49, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.49 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.47 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.44 |
Correlation (All Time) Calculated using the full available price history since Apr 17, 2019 | 0.36 |
The correlation between GLTY.L and PRIR.L shifts across timeframes, from 0.36 (all time) to 0.49 (1 year), reflecting how their relationship changes across market environments.
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
GLTY.L vs. PRIR.L — Risk / Return Rank
GLTY.L
PRIR.L
GLTY.L vs. PRIR.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR Bloomberg UK Gilt UCITS ETF (GLTY.L) and Amundi Prime Euro Govies UCITS ETF DR (D) (PRIR.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.
| GLTY.L | PRIR.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.68 | ||
| Sortino ratioReturn per unit of downside risk | -0.95 | ||
| Omega ratioGain probability vs. loss probability | 0.96 | 1.08 | -0.11 |
| Calmar ratioReturn relative to maximum drawdown | -0.27 | 0.53 | -0.80 |
| Martin ratioReturn relative to average drawdown | -0.61 | 1.22 | -1.83 |
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
| GLTY.L | PRIR.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.24 | 0.44 | -0.68 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.54 | -0.32 | +0.86 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 1.12 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.82 | -0.13 | +0.94 |
Drawdowns
GLTY.L vs. PRIR.L - Drawdown Comparison
The maximum GLTY.L drawdown since its inception was -23.61%, smaller than the maximum PRIR.L drawdown of -25.98%. Use the drawdown chart below to compare losses from any high point for GLTY.L and PRIR.L.
Loading charts...
Drawdown Indicators
| GLTY.L | PRIR.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -23.61% | -25.98% | +2.37% |
Max Drawdown (1Y)Largest decline over 1 year | -6.40% | -4.70% | -1.70% |
Max Drawdown (3Y)Largest decline over 3 years | -7.96% | -6.17% | -1.79% |
Max Drawdown (5Y)Largest decline over 5 years | -23.61% | -20.58% | -3.03% |
Max Drawdown (10Y)Largest decline over 10 years | -23.61% | — | — |
Current DrawdownCurrent decline from peak | -6.57% | -18.41% | +11.84% |
Average DrawdownAverage peak-to-trough decline | -3.92% | -18.53% | +14.61% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.79% | 1.99% | +0.80% |
Volatility
GLTY.L vs. PRIR.L - Volatility Comparison
SPDR Bloomberg UK Gilt UCITS ETF (GLTY.L) has a higher volatility of 2.87% compared to Amundi Prime Euro Govies UCITS ETF DR (D) (PRIR.L) at 1.82%. This indicates that GLTY.L's price experiences larger fluctuations and is considered to be riskier than PRIR.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| GLTY.L | PRIR.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.87% | 1.82% | +1.05% |
Volatility (6M)Calculated over the trailing 6-month period | 5.51% | 4.30% | +1.21% |
Volatility (1Y)Calculated over the trailing 1-year period | 6.94% | 5.70% | +1.24% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 135.35% | 8.66% | +126.69% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 251.64% | 10.68% | +240.96% |
GLTY.L vs. PRIR.L - Expense Ratio Comparison
GLTY.L has a 0.15% expense ratio, which is higher than PRIR.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
GLTY.L vs. PRIR.L - Dividend Comparison
GLTY.L has not paid dividends to shareholders, while PRIR.L's dividend yield for the trailing twelve months is around 2.75%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GLTY.L SPDR Bloomberg UK Gilt UCITS ETF | 0.00% | 1.74% | 2.72% | 74.77% | 114.99% | 84.01% | 106.35% | 119.69% | 125.98% | 157.59% | 81.07% | 1.87% |
PRIR.L Amundi Prime Euro Govies UCITS ETF DR (D) | 2.75% | 2.72% | 2.07% | 1.88% | 1.83% | 1.57% | 1.64% | 1.05% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
GLTY.L and PRIR.L have a correlation of 0.49, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, PRIR.L is cheaper at 0.05% per year. The better choice depends on whether you care most about return, fees, risk, or income.
PRIR.L is cheaper with a 0.05% expense ratio, compared with 0.15% for GLTY.L.
GLTY.L tracks FTSE Act UK Cnvt Gilts All Stocks TR GBP, while PRIR.L tracks Bloomberg Euro Agg Govt TR EUR. They also come from different issuers: State Street and Amundi. Their fees differ too: 0.15% for GLTY.L and 0.05% for PRIR.L.
Find the right allocation for GLTY.L and PRIR.L
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