JREZ.DE vs. PRAE.DE

Last updated Jun 5, 2026

JREZ.DE (JPMorgan Eurozone Research Enhanced Index Equity (ESG) UCITS ETF EUR (acc)) and PRAE.DE (Amundi Prime Europe UCITS ETF) are both Europe Equities funds - JREZ.DE tracks the JP Morgan Eurozone Research Enhanced Index Equity (ESG) while PRAE.DE tracks the Solactive GBS Developed Markets Europe Large & Mid Cap. Both are passively managed. Over the past 3 years, JREZ.DE returned 15.63%/yr vs 13.87%/yr for PRAE.DE. Their correlation of 0.94 suggests significant overlap in exposure. JREZ.DE charges 0.25%/yr vs 0.05%/yr for PRAE.DE.

Performance

JREZ.DE vs. PRAE.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in JPMorgan Eurozone Research Enhanced Index Equity (ESG) UCITS ETF EUR (acc) (JREZ.DE) and Amundi Prime Europe UCITS ETF (PRAE.DE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, JREZ.DE achieves a 8.95% return, which is significantly higher than PRAE.DE's 7.71% return.

JREZ.DE

• 1D: 0.54%
• 1M: 1.81%
• YTD: 8.95%
• 6M: 10.72%
• 1Y: 18.03%
• 3Y*: 15.63%
• 5Y*: —
• 10Y*: —

PRAE.DE

• 1D: 0.23%
• 1M: 0.88%
• YTD: 7.71%
• 6M: 9.87%
• 1Y: 16.29%
• 3Y*: 13.87%
• 5Y*: 10.04%
• 10Y*: —

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

JREZ.DE vs. PRAE.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
JREZ.DE JPMorgan Eurozone Research Enhanced Index Equity (ESG) UCITS ETF EUR (acc)	8.95%	23.99%	8.26%	20.23%	0.68%
PRAE.DE Amundi Prime Europe UCITS ETF	7.71%	20.47%	8.49%	15.73%	-1.43%

Correlation

The correlation between JREZ.DE and PRAE.DE is 0.94, 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	0.94
Correlation (3Y) Calculated over the trailing 3-year period	0.93
Correlation (All Time) Calculated using the full available price history since May 5, 2022	0.94

The correlation between JREZ.DE and PRAE.DE has been stable across timeframes, ranging from 0.93 to 0.94 - a consistent structural relationship.

Return for Risk

JREZ.DE vs. PRAE.DE — Risk / Return Rank

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

JREZ.DE

JREZ.DE Risk / Return Rank: 37
JREZ.DE Sharpe Ratio Rank: 35
JREZ.DE Sortino Ratio Rank: 36
JREZ.DE Omega Ratio Rank: 35
JREZ.DE Calmar Ratio Rank: 37
JREZ.DE Martin Ratio Rank: 41

PRAE.DE

PRAE.DE Risk / Return Rank: 38
PRAE.DE Sharpe Ratio Rank: 37
PRAE.DE Sortino Ratio Rank: 37
PRAE.DE Omega Ratio Rank: 38
PRAE.DE Calmar Ratio Rank: 36
PRAE.DE Martin Ratio Rank: 42

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.

JREZ.DE vs. PRAE.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan Eurozone Research Enhanced Index Equity (ESG) UCITS ETF EUR (acc) (JREZ.DE) and Amundi Prime Europe UCITS ETF (PRAE.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.

	JREZ.DE	PRAE.DE	Difference
Sharpe ratio: Return per unit of total volatility	1.23	1.29	-0.06
Sortino ratio: Return per unit of downside risk	1.85	1.90	-0.04
Omega ratio: Gain probability vs. loss probability	1.23	1.24	-0.02
Calmar ratio: Return relative to maximum drawdown	1.80	1.75	+0.04
Martin ratio: Return relative to average drawdown	6.49	6.64	-0.15
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

JREZ.DE vs. PRAE.DE - Sharpe Ratio Comparison

The current JREZ.DE Sharpe Ratio is 1.23, which is comparable to the PRAE.DE Sharpe Ratio of 1.29. The chart below compares the historical Sharpe Ratios of JREZ.DE and PRAE.DE, 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

	JREZ.DE	PRAE.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.23	1.29	-0.06
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.69	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.96	0.54	+0.42

Drawdowns

JREZ.DE vs. PRAE.DE - Drawdown Comparison

The maximum JREZ.DE drawdown since its inception was -14.86%, smaller than the maximum PRAE.DE drawdown of -32.86%. Use the drawdown chart below to compare losses from any high point for JREZ.DE and PRAE.DE.

Drawdown Indicators

	JREZ.DE	PRAE.DE	Difference
Max Drawdown Largest peak-to-trough decline	-14.86%	-32.86%	+18.00%
Max Drawdown (1Y) Largest decline over 1 year	-10.20%	-9.54%	-0.66%
Max Drawdown (3Y) Largest decline over 3 years	-14.81%	-16.94%	+2.13%
Max Drawdown (5Y) Largest decline over 5 years	—	-19.60%	—
Current Drawdown Current decline from peak	-0.54%	-1.63%	+1.09%
Average Drawdown Average peak-to-trough decline	-2.89%	-5.27%	+2.38%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.83%	2.52%	+0.31%

Volatility

JREZ.DE vs. PRAE.DE - Volatility Comparison

JPMorgan Eurozone Research Enhanced Index Equity (ESG) UCITS ETF EUR (acc) (JREZ.DE) has a higher volatility of 4.64% compared to Amundi Prime Europe UCITS ETF (PRAE.DE) at 4.39%. This indicates that JREZ.DE's price experiences larger fluctuations and is considered to be riskier than PRAE.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	JREZ.DE	PRAE.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.64%	4.39%	+0.25%
Volatility (6M) Calculated over the trailing 6-month period	12.16%	10.66%	+1.50%
Volatility (1Y) Calculated over the trailing 1-year period	14.92%	12.97%	+1.95%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.44%	14.42%	+1.02%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.44%	17.22%	-1.78%

JREZ.DE vs. PRAE.DE - Expense Ratio Comparison

JREZ.DE has a 0.25% expense ratio, which is higher than PRAE.DE'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

JREZ.DE vs. PRAE.DE - Dividend Comparison

Neither JREZ.DE nor PRAE.DE has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both JREZ.DE and PRAE.DE in my portfolio?

With a correlation of 0.94, JREZ.DE and PRAE.DE 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, JREZ.DE or PRAE.DE?

On fees, PRAE.DE 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, JREZ.DE or PRAE.DE?

PRAE.DE is cheaper with a 0.05% expense ratio, compared with 0.25% for JREZ.DE.

What is the main difference between JREZ.DE and PRAE.DE?

JREZ.DE tracks JP Morgan Eurozone Research Enhanced Index Equity (ESG), while PRAE.DE tracks Solactive GBS Developed Markets Europe Large & Mid Cap. They also come from different issuers: JPMorgan and Amundi. Their fees differ too: 0.25% for JREZ.DE and 0.05% for PRAE.DE.