ISEU.L vs. PRIE.L

Last updated Jun 5, 2026

ISEU.L (iShares MSCI Europe 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, ISEU.L returned 8.98%/yr vs 6.12%/yr for PRIE.L. Their correlation of 0.92 suggests significant overlap in exposure. ISEU.L charges 1.00%/yr vs 0.05%/yr for PRIE.L.

Performance

ISEU.L vs. PRIE.L - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares MSCI Europe UCITS Dist (ISEU.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

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

Returns By Period

The year-to-date returns for both investments are quite close, with ISEU.L having a 6.49% return and PRIE.L slightly higher at 6.65%.

ISEU.L

• 1D: 0.66%
• 1M: 2.76%
• YTD: 6.49%
• 6M: 9.55%
• 1Y: 18.11%
• 3Y*: 16.86%
• 5Y*: 8.98%
• 10Y*: —

PRIE.L

• 1D: 0.58%
• 1M: 2.77%
• YTD: 6.65%
• 6M: 7.29%
• 1Y: 15.88%
• 3Y*: 13.78%
• 5Y*: 6.12%
• 10Y*: —

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

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

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
ISEU.L iShares MSCI Europe UCITS Dist	6.49%	35.19%	2.19%	19.52%	-13.73%	15.84%	5.73%	11.55%
PRIE.L Amundi Prime Europe UCITS ETF DR (D)	6.65%	32.20%	-0.67%	15.97%	-16.58%	13.80%	2.84%	9.52%

Correlation

The correlation between ISEU.L and PRIE.L is 0.93, 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	0.93
Correlation (3Y) Calculated over the trailing 3-year period	0.94
Correlation (5Y) Calculated over the trailing 5-year period	0.94
Correlation (All Time) Calculated using the full available price history since Mar 15, 2019	0.92

The correlation between ISEU.L and PRIE.L has been stable across timeframes, ranging from 0.92 to 0.94 - a consistent structural relationship.

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

Sectors	ISEU.L	PRIE.L
Financial Services	23.3%	24.2%
Industrials	19.7%	19.2%
Healthcare	13.1%	13.4%
Technology	8.6%	9.4%
Consumer Defensive	8.4%	8.4%
Consumer Cyclical	6.3%	6.5%
Basic Materials	5.6%	5.2%
Energy	5.4%	5.2%
Utilities	5.1%	4.6%
Communication Services	3.7%	3.3%
Real Estate	0.8%	0.6%

Return for Risk

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

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

ISEU.L

ISEU.L Risk / Return Rank: 34
ISEU.L Sharpe Ratio Rank: 34
ISEU.L Sortino Ratio Rank: 34
ISEU.L Omega Ratio Rank: 34
ISEU.L Calmar Ratio Rank: 33
ISEU.L Martin Ratio Rank: 37

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.

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

This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Europe UCITS Dist (ISEU.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.

	ISEU.L	PRIE.L	Difference
Sharpe ratio: Return per unit of total volatility	1.19	1.07	+0.12
Sortino ratio: Return per unit of downside risk	1.77	1.57	+0.20
Omega ratio: Gain probability vs. loss probability	1.22	1.20	+0.02
Calmar ratio: Return relative to maximum drawdown	1.57	1.37	+0.20
Martin ratio: Return relative to average drawdown	5.63	4.82	+0.81
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

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

The current ISEU.L Sharpe Ratio is 1.19, which is comparable to the PRIE.L Sharpe Ratio of 1.07. The chart below compares the historical Sharpe Ratios of ISEU.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

	ISEU.L	PRIE.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.19	1.07	+0.12
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.51	0.35	+0.16
Sharpe Ratio (All Time) Calculated using the full available price history	0.60	0.42	+0.18

Drawdowns

ISEU.L vs. PRIE.L - Drawdown Comparison

The maximum ISEU.L drawdown since its inception was -36.02%, roughly equal to the maximum PRIE.L drawdown of -36.86%. Use the drawdown chart below to compare losses from any high point for ISEU.L and PRIE.L.

Drawdown Indicators

	ISEU.L	PRIE.L	Difference
Max Drawdown Largest peak-to-trough decline	-36.02%	-36.86%	+0.84%
Max Drawdown (1Y) Largest decline over 1 year	-11.47%	-11.53%	+0.06%
Max Drawdown (3Y) Largest decline over 3 years	-14.15%	-15.15%	+1.00%
Max Drawdown (5Y) Largest decline over 5 years	-30.77%	-32.93%	+2.16%
Current Drawdown Current decline from peak	-1.38%	-1.56%	+0.18%
Average Drawdown Average peak-to-trough decline	-6.33%	-7.31%	+0.98%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.21%	3.28%	-0.07%

Volatility

ISEU.L vs. PRIE.L - Volatility Comparison

iShares MSCI Europe UCITS Dist (ISEU.L) has a higher volatility of 5.35% compared to Amundi Prime Europe UCITS ETF DR (D) (PRIE.L) at 4.90%. This indicates that ISEU.L's price experiences larger fluctuations and is considered to be riskier than PRIE.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ISEU.L	PRIE.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.35%	4.90%	+0.45%
Volatility (6M) Calculated over the trailing 6-month period	12.62%	12.26%	+0.36%
Volatility (1Y) Calculated over the trailing 1-year period	15.14%	14.77%	+0.37%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.66%	17.68%	-0.02%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.61%	18.97%	-1.36%

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

ISEU.L has a 1.00% expense ratio, which is higher than PRIE.L's 0.05% expense ratio.

Dividends

ISEU.L vs. PRIE.L - Dividend Comparison

ISEU.L's dividend yield for the trailing twelve months is around 2.54%, more than PRIE.L's 0.02% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
ISEU.L iShares MSCI Europe UCITS Dist	2.54%	2.46%	3.00%	2.81%	2.86%	2.36%	1.91%	3.03%	3.28%	2.48%
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%	0.00%

Frequently Asked Questions

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

With a correlation of 0.93, ISEU.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, ISEU.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, ISEU.L or PRIE.L?

PRIE.L is cheaper with a 0.05% expense ratio, compared with 1.00% for ISEU.L.

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

Both ETFs track MSCI Europe NR EUR. They also come from different issuers: iShares and Amundi. Their fees differ too: 1.00% for ISEU.L and 0.05% for PRIE.L.