IPAB.DE vs. PR1C.DE
IPAB.DE (iShares EUR Corporate Bond ESG Paris-Aligned Climate UCITS ETF EUR Acc) and PR1C.DE (Amundi EUR Corporate Bond UCITS ETF DR EUR (D)) are both European Corporate Bonds funds - IPAB.DE tracks the Bloomberg MSCI Euro Corporate Climate Paris Aligned ESG Select while PR1C.DE tracks the Bloomberg Euro Corporate Bond. Both are passively managed. Over the past 3 years, IPAB.DE returned 4.79%/yr vs 4.75%/yr for PR1C.DE. Their correlation of 0.87 suggests significant overlap in exposure. IPAB.DE charges 0.15%/yr vs 0.07%/yr for PR1C.DE.
Performance
IPAB.DE vs. PR1C.DE - Performance Comparison
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Returns By Period
In the year-to-date period, IPAB.DE achieves a 1.25% return, which is significantly lower than PR1C.DE's 1.33% return.
IPAB.DE
- 1D
- 0.18%
- 1M
- 0.71%
- YTD
- 1.25%
- 6M
- 1.44%
- 1Y
- 2.36%
- 3Y*
- 4.79%
- 5Y*
- —
- 10Y*
- —
PR1C.DE
- 1D
- 0.11%
- 1M
- 0.74%
- YTD
- 1.33%
- 6M
- 1.55%
- 1Y
- 2.51%
- 3Y*
- 4.75%
- 5Y*
- 0.11%
- 10Y*
- —
IPAB.DE vs. PR1C.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
IPAB.DE iShares EUR Corporate Bond ESG Paris-Aligned Climate UCITS ETF EUR Acc | 1.25% | 2.95% | 4.43% | 7.23% | -3.20% |
PR1C.DE Amundi EUR Corporate Bond UCITS ETF DR EUR (D) | 1.33% | 3.00% | 4.35% | 7.40% | -4.06% |
Correlation
The correlation between IPAB.DE and PR1C.DE is 0.60, 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 | 0.60 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.83 |
Correlation (All Time) Calculated using the full available price history since Jun 9, 2022 | 0.87 |
Over the past year, the correlation between IPAB.DE and PR1C.DE has dropped to 0.60 - well below their long-term average of 0.87, suggesting their price drivers have been diverging.
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Return for Risk
IPAB.DE vs. PR1C.DE — Risk / Return Rank
IPAB.DE
PR1C.DE
IPAB.DE vs. PR1C.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares EUR Corporate Bond ESG Paris-Aligned Climate UCITS ETF EUR Acc (IPAB.DE) and Amundi EUR Corporate Bond UCITS ETF DR EUR (D) (PR1C.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.
| IPAB.DE | PR1C.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.05 | ||
| Sortino ratioReturn per unit of downside risk | -0.09 | ||
| Omega ratioGain probability vs. loss probability | 1.16 | 1.16 | 0.00 |
| Calmar ratioReturn relative to maximum drawdown | 0.88 | 0.97 | -0.09 |
| Martin ratioReturn relative to average drawdown | 3.26 | 3.26 | 0.00 |
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Drawdowns
IPAB.DE vs. PR1C.DE - Drawdown Comparison
The maximum IPAB.DE drawdown since its inception was -9.09%, smaller than the maximum PR1C.DE drawdown of -17.71%. Use the drawdown chart below to compare losses from any high point for IPAB.DE and PR1C.DE.
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Drawdown Indicators
| IPAB.DE | PR1C.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -9.09% | -17.71% | +8.62% |
Max Drawdown (1Y)Largest decline over 1 year | -2.66% | -2.57% | -0.09% |
Max Drawdown (3Y)Largest decline over 3 years | -2.66% | -2.57% | -0.09% |
Max Drawdown (5Y)Largest decline over 5 years | — | -17.71% | — |
Current DrawdownCurrent decline from peak | 0.00% | -0.97% | +0.97% |
Average DrawdownAverage peak-to-trough decline | -2.08% | -5.47% | +3.39% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.72% | 0.77% | -0.05% |
Volatility
IPAB.DE vs. PR1C.DE - Volatility Comparison
iShares EUR Corporate Bond ESG Paris-Aligned Climate UCITS ETF EUR Acc (IPAB.DE) and Amundi EUR Corporate Bond UCITS ETF DR EUR (D) (PR1C.DE) have volatilities of 0.76% and 0.75%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IPAB.DE | PR1C.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.76% | 0.75% | +0.01% |
Volatility (6M)Calculated over the trailing 6-month period | 2.55% | 2.70% | -0.15% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.06% | 3.07% | -0.01% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.50% | 4.45% | +0.05% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.50% | 5.08% | -0.58% |
IPAB.DE vs. PR1C.DE - Expense Ratio Comparison
IPAB.DE has a 0.15% expense ratio, which is higher than PR1C.DE's 0.07% 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
IPAB.DE vs. PR1C.DE - Dividend Comparison
IPAB.DE has not paid dividends to shareholders, while PR1C.DE's dividend yield for the trailing twelve months is around 2.52%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
IPAB.DE iShares EUR Corporate Bond ESG Paris-Aligned Climate UCITS ETF EUR Acc | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
PR1C.DE Amundi EUR Corporate Bond UCITS ETF DR EUR (D) | 2.52% | 2.55% | 2.19% | 1.80% | 1.44% | 1.32% | 1.38% | 1.01% |
Frequently Asked Questions
IPAB.DE and PR1C.DE have a correlation of 0.60, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, PR1C.DE is cheaper at 0.07% per year. The better choice depends on whether you care most about return, fees, risk, or income.
PR1C.DE is cheaper with a 0.07% expense ratio, compared with 0.15% for IPAB.DE.
IPAB.DE tracks Bloomberg MSCI Euro Corporate Climate Paris Aligned ESG Select, while PR1C.DE tracks Bloomberg Euro Corporate Bond. They also come from different issuers: iShares and Amundi. Their fees differ too: 0.15% for IPAB.DE and 0.07% for PR1C.DE.
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