IEQD.L vs. PRIE.L

Last updated Jun 5, 2026

IEQD.L (iShares Edge MSCI Europe Quality Factor UCITS Dist) and PRIE.L (Amundi Prime Europe UCITS ETF DR (D)) are both Europe Equities funds tracking the MSCI Europe NR EUR, from iShares and Amundi respectively. Both are passively managed. Over the past 5 years, IEQD.L returned 5.90%/yr vs 7.10%/yr for PRIE.L. Their correlation of 0.90 suggests significant overlap in exposure. IEQD.L charges 0.25%/yr vs 0.05%/yr for PRIE.L.

Performance

IEQD.L vs. PRIE.L - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in iShares Edge MSCI Europe Quality Factor UCITS Dist (IEQD.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

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

Returns By Period

In the year-to-date period, IEQD.L achieves a 4.24% return, which is significantly lower than PRIE.L's 7.87% return.

IEQD.L

• 1D: 0.53%
• 1M: 1.23%
• YTD: 4.24%
• 6M: 5.85%
• 1Y: 6.61%
• 3Y*: 7.76%
• 5Y*: 5.90%
• 10Y*: —

PRIE.L

• 1D: 0.44%
• 1M: 3.46%
• YTD: 7.87%
• 6M: 7.58%
• 1Y: 13.93%
• 3Y*: 10.75%
• 5Y*: 7.10%
• 10Y*: —

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

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

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
IEQD.L iShares Edge MSCI Europe Quality Factor UCITS Dist	4.24%	9.49%	4.14%	14.42%	-11.20%	26.21%	1.53%	16.10%
PRIE.L Amundi Prime Europe UCITS ETF DR (D)	7.87%	16.51%	5.89%	12.49%	-11.41%	22.32%	-5.64%	10.43%

Correlation

The correlation between IEQD.L and PRIE.L is 0.90, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.90
Correlation (3Y) Calculated over the trailing 3-year period	0.91
Correlation (5Y) Calculated over the trailing 5-year period	0.92
Correlation (All Time) Calculated using the full available price history since Mar 15, 2019	0.90

The correlation between IEQD.L and PRIE.L has been stable across timeframes, ranging from 0.90 to 0.92 - a consistent structural relationship.

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

Sectors	IEQD.L	PRIE.L
Financial Services	21.1%	24.2%
Industrials	19.5%	19.2%
Healthcare	14.2%	13.4%
Technology	10.8%	9.4%
Consumer Defensive	8.1%	8.4%
Consumer Cyclical	6.6%	6.5%
Basic Materials	5.6%	5.2%
Energy	5.2%	5.2%
Utilities	5.1%	4.6%
Communication Services	3.0%	3.3%
Real Estate	0.8%	0.6%

Return for Risk

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

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

IEQD.L

IEQD.L Risk / Return Rank: 18
IEQD.L Sharpe Ratio Rank: 19
IEQD.L Sortino Ratio Rank: 18
IEQD.L Omega Ratio Rank: 18
IEQD.L Calmar Ratio Rank: 19
IEQD.L Martin Ratio Rank: 19

PRIE.L

PRIE.L Risk / Return Rank: 37
PRIE.L Sharpe Ratio Rank: 39
PRIE.L Sortino Ratio Rank: 37
PRIE.L Omega Ratio Rank: 41
PRIE.L Calmar Ratio Rank: 33
PRIE.L Martin Ratio Rank: 37

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.

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

This table presents a comparison of risk-adjusted performance metrics for iShares Edge MSCI Europe Quality Factor UCITS Dist (IEQD.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.

	IEQD.L	PRIE.L	Difference
Sharpe ratio: Return per unit of total volatility	0.56	1.08	-0.51
Sortino ratio: Return per unit of downside risk	0.87	1.56	-0.70
Omega ratio: Gain probability vs. loss probability	1.10	1.20	-0.10
Calmar ratio: Return relative to maximum drawdown	0.77	1.45	-0.68
Martin ratio: Return relative to average drawdown	2.08	5.25	-3.17
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

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

The current IEQD.L Sharpe Ratio is 0.56, which is lower than the PRIE.L Sharpe Ratio of 1.08. The chart below compares the historical Sharpe Ratios of IEQD.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.

Sharpe Ratios by Period

	IEQD.L	PRIE.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.56	1.08	-0.51
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.42	0.48	-0.06
Sharpe Ratio (All Time) Calculated using the full available price history	0.54	0.45	+0.09

Drawdowns

IEQD.L vs. PRIE.L - Drawdown Comparison

The maximum IEQD.L drawdown since its inception was -33.13%, smaller than the maximum PRIE.L drawdown of -36.11%. Use the drawdown chart below to compare losses from any high point for IEQD.L and PRIE.L.

Drawdown Indicators

	IEQD.L	PRIE.L	Difference
Max Drawdown Largest peak-to-trough decline	-33.13%	-36.11%	+2.98%
Max Drawdown (1Y) Largest decline over 1 year	-8.51%	-9.54%	+1.03%
Max Drawdown (3Y) Largest decline over 3 years	-14.74%	-16.26%	+1.52%
Max Drawdown (5Y) Largest decline over 5 years	-19.89%	-20.28%	+0.39%
Current Drawdown Current decline from peak	-1.91%	-0.45%	-1.46%
Average Drawdown Average peak-to-trough decline	-4.88%	-5.64%	+0.76%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.17%	2.65%	+0.52%

Volatility

IEQD.L vs. PRIE.L - Volatility Comparison

The current volatility for iShares Edge MSCI Europe Quality Factor UCITS Dist (IEQD.L) is 3.95%, while Amundi Prime Europe UCITS ETF DR (D) (PRIE.L) has a volatility of 4.19%. This indicates that IEQD.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

	IEQD.L	PRIE.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.95%	4.19%	-0.24%
Volatility (6M) Calculated over the trailing 6-month period	9.27%	10.65%	-1.38%
Volatility (1Y) Calculated over the trailing 1-year period	11.69%	12.90%	-1.21%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.92%	14.65%	-0.73%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.34%	16.72%	-1.38%

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

IEQD.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

IEQD.L vs. PRIE.L - Dividend Comparison

IEQD.L's dividend yield for the trailing twelve months is around 2.09%, more than PRIE.L's 0.02% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
IEQD.L iShares Edge MSCI Europe Quality Factor UCITS Dist	2.09%	2.18%	2.37%	2.74%	2.69%	1.96%	2.21%	2.89%	2.93%
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%

Frequently Asked Questions

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

With a correlation of 0.90, IEQD.L and PRIE.L move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

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

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

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

Both ETFs track MSCI Europe NR EUR. They also come from different issuers: iShares and Amundi. Their fees differ too: 0.25% for IEQD.L and 0.05% for PRIE.L.