KLMH.DE vs. PRAG.DE
KLMH.DE (Amundi Global Aggregate Green Bond UCITS ETF EUR Hedged (Acc)) and PRAG.DE (Amundi Prime Global Govies UCITS ETF) are both Global Bonds funds from Amundi - KLMH.DE tracks the Solactive Green Bond Index (EUR Hedged) while PRAG.DE tracks the Solactive Global Developed Government Bond. Both are passively managed. Over the past 5 years, KLMH.DE returned -2.43%/yr vs -2.46%/yr for PRAG.DE. A 0.52 correlation means they provide meaningful diversification when combined. KLMH.DE charges 0.30%/yr vs 0.05%/yr for PRAG.DE.
Performance
KLMH.DE vs. PRAG.DE - Performance Comparison
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Returns By Period
In the year-to-date period, KLMH.DE achieves a 0.95% return, which is significantly lower than PRAG.DE's 1.28% return.
KLMH.DE
- 1D
- -0.08%
- 1M
- 0.78%
- 6M
- 0.91%
- YTD
- 0.95%
- 1Y
- 1.19%
- 3Y*
- 3.09%
- 5Y*
- -2.43%
- 10Y*
- —
PRAG.DE
- 1D
- -0.11%
- 1M
- 1.16%
- 6M
- 1.70%
- YTD
- 1.28%
- 1Y
- 1.40%
- 3Y*
- 0.13%
- 5Y*
- -2.46%
- 10Y*
- —
KLMH.DE vs. PRAG.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
KLMH.DE Amundi Global Aggregate Green Bond UCITS ETF EUR Hedged (Acc) | 0.95% | 1.14% | 1.55% | 7.19% | -19.81% | -3.83% | 4.03% |
PRAG.DE Amundi Prime Global Govies UCITS ETF | 1.28% | -4.83% | 2.27% | 1.15% | -13.24% | 0.85% | -0.65% |
Correlation
The correlation between KLMH.DE and PRAG.DE is 0.43, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.43 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.53 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.57 |
Correlation (All Time) Calculated using the full available price history since Jan 22, 2020 | 0.52 |
The correlation between KLMH.DE and PRAG.DE shifts across timeframes, from 0.43 (1 year) to 0.57 (5 years), reflecting how their relationship changes across market environments.
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Return for Risk
KLMH.DE vs. PRAG.DE — Risk / Return Rank
KLMH.DE
PRAG.DE
KLMH.DE vs. PRAG.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Amundi Global Aggregate Green Bond UCITS ETF EUR Hedged (Acc) (KLMH.DE) and Amundi Prime Global Govies UCITS ETF (PRAG.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.
| KLMH.DE | PRAG.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.07 | ||
| Sortino ratioReturn per unit of downside risk | -0.09 | ||
| Omega ratioGain probability vs. loss probability | 1.04 | 1.06 | -0.01 |
| Calmar ratioReturn relative to maximum drawdown | 0.37 | 0.48 | -0.11 |
| Martin ratioReturn relative to average drawdown | 0.96 | 0.99 | -0.03 |
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Drawdowns
KLMH.DE vs. PRAG.DE - Drawdown Comparison
The maximum KLMH.DE drawdown since its inception was -24.67%, roughly equal to the maximum PRAG.DE drawdown of -23.64%. Use the drawdown chart below to compare losses from any high point for KLMH.DE and PRAG.DE.
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Drawdown Indicators
| KLMH.DE | PRAG.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -24.67% | -23.64% | -1.03% |
Max Drawdown (1Y)Largest decline over 1 year | -3.18% | -2.91% | -0.27% |
Max Drawdown (3Y)Largest decline over 3 years | -3.80% | -7.76% | +3.96% |
Max Drawdown (5Y)Largest decline over 5 years | -23.60% | -17.73% | -5.87% |
Current DrawdownCurrent decline from peak | -14.52% | -21.00% | +6.48% |
Average DrawdownAverage peak-to-trough decline | -9.59% | -15.90% | +6.31% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.23% | 1.41% | -0.18% |
Volatility
KLMH.DE vs. PRAG.DE - Volatility Comparison
The current volatility for Amundi Global Aggregate Green Bond UCITS ETF EUR Hedged (Acc) (KLMH.DE) is 1.11%, while Amundi Prime Global Govies UCITS ETF (PRAG.DE) has a volatility of 1.29%. This indicates that KLMH.DE experiences smaller price fluctuations and is considered to be less risky than PRAG.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| KLMH.DE | PRAG.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.11% | 1.29% | -0.18% |
Volatility (6M)Calculated over the trailing 6-month period | 4.04% | 3.25% | +0.79% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.98% | 4.49% | +0.49% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.18% | 6.69% | -0.51% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.46% | 7.90% | -2.44% |
KLMH.DE vs. PRAG.DE - Expense Ratio Comparison
KLMH.DE has a 0.30% expense ratio, which is higher than PRAG.DE's 0.05% expense ratio.
Dividends
KLMH.DE vs. PRAG.DE - Dividend Comparison
Neither KLMH.DE nor PRAG.DE has paid dividends to shareholders.
Frequently Asked Questions
KLMH.DE and PRAG.DE have a correlation of 0.43, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, PRAG.DE is cheaper at 0.05% per year. The better choice depends on whether you care most about return, fees, risk, or income.
PRAG.DE is cheaper with a 0.05% expense ratio, compared with 0.30% for KLMH.DE.
KLMH.DE tracks Solactive Green Bond Index (EUR Hedged), while PRAG.DE tracks Solactive Global Developed Government Bond. Their fees differ too: 0.30% for KLMH.DE and 0.05% for PRAG.DE.
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