LDAX.DE vs. PRAE.DE
LDAX.DE (Amundi Dax III UCITS ETF Dist) and PRAE.DE (Amundi Prime Europe UCITS ETF) are both Europe Equities funds from Amundi - LDAX.DE tracks the DAX® while PRAE.DE tracks the Solactive GBS Developed Markets Europe Large & Mid Cap. Both are passively managed. Over the past 5 years, LDAX.DE returned 9.29%/yr vs 10.50%/yr for PRAE.DE. Their correlation of 0.88 suggests significant overlap in exposure. LDAX.DE charges 0.15%/yr vs 0.05%/yr for PRAE.DE.
Performance
LDAX.DE vs. PRAE.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, LDAX.DE achieves a 1.18% return, which is significantly lower than PRAE.DE's 10.89% return.
LDAX.DE
- 1D
- 0.00%
- 1M
- -0.09%
- 6M
- -1.89%
- YTD
- 1.18%
- 1Y
- 1.71%
- 3Y*
- 15.01%
- 5Y*
- 9.29%
- 10Y*
- —
PRAE.DE
- 1D
- -0.36%
- 1M
- 0.39%
- 6M
- 6.76%
- YTD
- 10.89%
- 1Y
- 21.41%
- 3Y*
- 14.83%
- 5Y*
- 10.50%
- 10Y*
- —
LDAX.DE vs. PRAE.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
LDAX.DE Amundi Dax III UCITS ETF Dist | 1.18% | 22.70% | 18.08% | 19.61% | -12.89% | 15.29% | 8.40% |
PRAE.DE Amundi Prime Europe UCITS ETF | 10.89% | 20.48% | 8.47% | 15.73% | -9.23% | 25.26% | 9.51% |
Correlation
The correlation between LDAX.DE and PRAE.DE is 0.85, 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 | 0.85 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.86 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.89 |
Correlation (All Time) Calculated using the full available price history since Jul 15, 2020 | 0.88 |
The correlation between LDAX.DE and PRAE.DE has been stable across timeframes, ranging from 0.85 to 0.89 - a consistent structural relationship.
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
LDAX.DE vs. PRAE.DE — Risk / Return Rank
LDAX.DE
PRAE.DE
LDAX.DE vs. PRAE.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Amundi Dax III UCITS ETF Dist (LDAX.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.
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.
| LDAX.DE | PRAE.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.52 | ||
| Sortino ratioReturn per unit of downside risk | -2.07 | ||
| Omega ratioGain probability vs. loss probability | 1.03 | 1.31 | -0.27 |
| Calmar ratioReturn relative to maximum drawdown | 0.14 | 2.24 | -2.10 |
| Martin ratioReturn relative to average drawdown | 0.44 | 8.75 | -8.31 |
Loading charts...
Drawdowns
LDAX.DE vs. PRAE.DE - Drawdown Comparison
The maximum LDAX.DE drawdown since its inception was -26.68%, smaller than the maximum PRAE.DE drawdown of -37.01%. Use the drawdown chart below to compare losses from any high point for LDAX.DE and PRAE.DE.
Loading charts...
Drawdown Indicators
| LDAX.DE | PRAE.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -26.68% | -37.01% | +10.33% |
Max Drawdown (1Y)Largest decline over 1 year | -12.36% | -9.52% | -2.84% |
Max Drawdown (3Y)Largest decline over 3 years | -15.92% | -16.93% | +1.01% |
Max Drawdown (5Y)Largest decline over 5 years | -26.68% | -19.59% | -7.09% |
Current DrawdownCurrent decline from peak | -3.53% | -1.86% | -1.67% |
Average DrawdownAverage peak-to-trough decline | -4.79% | -5.23% | +0.44% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.93% | 2.44% | +1.49% |
Volatility
LDAX.DE vs. PRAE.DE - Volatility Comparison
Amundi Dax III UCITS ETF Dist (LDAX.DE) has a higher volatility of 4.62% compared to Amundi Prime Europe UCITS ETF (PRAE.DE) at 3.42%. This indicates that LDAX.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.
Loading charts...
Volatility by Period
| LDAX.DE | PRAE.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.62% | 3.42% | +1.20% |
Volatility (6M)Calculated over the trailing 6-month period | 13.61% | 11.09% | +2.52% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.26% | 13.17% | +3.09% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.23% | 14.41% | +2.82% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.36% | 17.77% | -0.41% |
LDAX.DE vs. PRAE.DE - Expense Ratio Comparison
LDAX.DE has a 0.15% 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
LDAX.DE vs. PRAE.DE - Dividend Comparison
LDAX.DE's dividend yield for the trailing twelve months is around 1.93%, while PRAE.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
LDAX.DE Amundi Dax III UCITS ETF Dist | 1.93% | 1.95% | 2.31% | 2.73% | 3.32% | 2.73% | 0.39% |
PRAE.DE Amundi Prime Europe UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
LDAX.DE and PRAE.DE have a correlation of 0.85, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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.
PRAE.DE is cheaper with a 0.05% expense ratio, compared with 0.15% for LDAX.DE.
LDAX.DE tracks DAX®, while PRAE.DE tracks Solactive GBS Developed Markets Europe Large & Mid Cap. Their fees differ too: 0.15% for LDAX.DE and 0.05% for PRAE.DE.
Find the right allocation for LDAX.DE and PRAE.DE
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