IUAE.L vs. PRIG.L
IUAE.L (iShares US Aggregate Bond UCITS ETF) and PRIG.L (Amundi Prime Global Govies UCITS ETF DR (D)) are both Global Bonds funds - IUAE.L tracks the iShares US Aggregate Bond UCITS ETF while PRIG.L tracks the Bloomberg Global Aggregate TR USD. Both are passively managed. Over the past 5 years, IUAE.L returned -2.40%/yr vs -2.67%/yr for PRIG.L. At a 0.48 correlation, their price movements are largely independent. IUAE.L charges 0.30%/yr vs 0.05%/yr for PRIG.L.
Performance
IUAE.L vs. PRIG.L - Performance Comparison
Loading charts...
Different Trading Currencies
IUAE.L is traded in EUR, while PRIG.L is traded in GBp. To make them comparable, the PRIG.L values have been converted to EUR using the latest available exchange rates.
Returns By Period
In the year-to-date period, IUAE.L achieves a -1.30% return, which is significantly lower than PRIG.L's 1.02% return.
IUAE.L
- 1D
- -0.07%
- 1M
- -0.90%
- 6M
- -1.30%
- YTD
- -1.30%
- 1Y
- 2.05%
- 3Y*
- 1.62%
- 5Y*
- -2.40%
- 10Y*
- —
PRIG.L
- 1D
- 0.07%
- 1M
- 0.57%
- 6M
- 0.52%
- YTD
- 1.02%
- 1Y
- 1.79%
- 3Y*
- 0.61%
- 5Y*
- -2.67%
- 10Y*
- —
IUAE.L vs. PRIG.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
IUAE.L iShares US Aggregate Bond UCITS ETF | -1.30% | 4.73% | -0.64% | 2.65% | -15.00% | -2.82% | 5.50% | 4.96% |
PRIG.L Amundi Prime Global Govies UCITS ETF DR (D) | 1.02% | -5.40% | 2.94% | 1.01% | -13.01% | 0.22% | 0.21% | -4.89% |
Correlation
The correlation between IUAE.L and PRIG.L is 0.37, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.37 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.49 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.51 |
Correlation (All Time) Calculated using the full available price history since Feb 5, 2019 | 0.48 |
The correlation between IUAE.L and PRIG.L shifts across timeframes, from 0.37 (1 year) to 0.51 (5 years), 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
IUAE.L vs. PRIG.L — Risk / Return Rank
IUAE.L
PRIG.L
IUAE.L vs. PRIG.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares US Aggregate Bond UCITS ETF (IUAE.L) and Amundi Prime Global Govies UCITS ETF DR (D) (PRIG.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.
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.
| IUAE.L | PRIG.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.08 | ||
| Sortino ratioReturn per unit of downside risk | +0.13 | ||
| Omega ratioGain probability vs. loss probability | 1.09 | 1.07 | +0.02 |
| Calmar ratioReturn relative to maximum drawdown | 0.59 | 0.61 | -0.02 |
| Martin ratioReturn relative to average drawdown | 1.55 | 1.27 | +0.28 |
Loading charts...
Drawdowns
IUAE.L vs. PRIG.L - Drawdown Comparison
The maximum IUAE.L drawdown since its inception was -22.73%, roughly equal to the maximum PRIG.L drawdown of -23.83%. Use the drawdown chart below to compare losses from any high point for IUAE.L and PRIG.L.
Loading charts...
Drawdown Indicators
| IUAE.L | PRIG.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -22.73% | -23.83% | +1.10% |
Max Drawdown (1Y)Largest decline over 1 year | -3.45% | -2.90% | -0.55% |
Max Drawdown (3Y)Largest decline over 3 years | -6.30% | -8.06% | +1.76% |
Max Drawdown (5Y)Largest decline over 5 years | -21.15% | -17.78% | -3.37% |
Current DrawdownCurrent decline from peak | -13.83% | -21.20% | +7.37% |
Average DrawdownAverage peak-to-trough decline | -9.19% | -15.27% | +6.08% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.32% | 1.40% | -0.08% |
Volatility
IUAE.L vs. PRIG.L - Volatility Comparison
iShares US Aggregate Bond UCITS ETF (IUAE.L) and Amundi Prime Global Govies UCITS ETF DR (D) (PRIG.L) have volatilities of 1.22% and 1.28%, 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.
Loading charts...
Volatility by Period
| IUAE.L | PRIG.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.22% | 1.28% | -0.06% |
Volatility (6M)Calculated over the trailing 6-month period | 3.19% | 3.24% | -0.05% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.13% | 4.34% | -0.21% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.16% | 6.96% | -0.80% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.51% | 9.07% | -3.56% |
IUAE.L vs. PRIG.L - Expense Ratio Comparison
IUAE.L has a 0.30% expense ratio, which is higher than PRIG.L's 0.05% expense ratio.
Dividends
IUAE.L vs. PRIG.L - Dividend Comparison
IUAE.L has not paid dividends to shareholders, while PRIG.L's dividend yield for the trailing twelve months is around 3.02%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
IUAE.L iShares US Aggregate Bond UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
PRIG.L Amundi Prime Global Govies UCITS ETF DR (D) | 3.02% | 2.96% | 2.31% | 1.97% | 1.72% | 1.50% | 1.75% | 1.23% |
Frequently Asked Questions
IUAE.L and PRIG.L have a correlation of 0.37, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, PRIG.L is cheaper at 0.05% per year. The better choice depends on whether you care most about return, fees, risk, or income.
PRIG.L is cheaper with a 0.05% expense ratio, compared with 0.30% for IUAE.L.
IUAE.L tracks iShares US Aggregate Bond UCITS ETF, while PRIG.L tracks Bloomberg Global Aggregate TR USD. They also come from different issuers: iShares and Amundi. Their fees differ too: 0.30% for IUAE.L and 0.05% for PRIG.L.
Find the right allocation for IUAE.L and PRIG.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