LEAD.DE vs. PR1Z.DE

Last updated Jun 5, 2026

LEAD.DE (Amundi MSCI Europe ESG Leaders UCITS ETF Acc) and PR1Z.DE (Amundi Prime Eurozone UCITS ETF DR (D)) are both Europe Equities funds from Amundi - LEAD.DE tracks the MSCI Europe ESG Leaders while PR1Z.DE tracks the Solactive GBS Developed Markets Eurozone Large & Mid Cap. Both are passively managed. Over the past 5 years, LEAD.DE returned 8.61%/yr vs 10.86%/yr for PR1Z.DE. Their correlation of 0.92 suggests significant overlap in exposure. LEAD.DE charges 0.20%/yr vs 0.05%/yr for PR1Z.DE.

Performance

LEAD.DE vs. PR1Z.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Amundi MSCI Europe ESG Leaders UCITS ETF Acc (LEAD.DE) and Amundi Prime Eurozone UCITS ETF DR (D) (PR1Z.DE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both stocks are quite close, with LEAD.DE having a 9.44% return and PR1Z.DE slightly lower at 9.20%.

LEAD.DE

• 1D: 0.54%
• 1M: 4.78%
• YTD: 9.44%
• 6M: 11.63%
• 1Y: 16.87%
• 3Y*: 11.72%
• 5Y*: 8.61%
• 10Y*: —

PR1Z.DE

• 1D: 0.53%
• 1M: 4.73%
• YTD: 9.20%
• 6M: 11.17%
• 1Y: 19.02%
• 3Y*: 16.35%
• 5Y*: 10.86%
• 10Y*: —

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

LEAD.DE vs. PR1Z.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
LEAD.DE Amundi MSCI Europe ESG Leaders UCITS ETF Acc	9.44%	13.89%	6.93%	16.25%	-11.84%	24.71%	1.30%
PR1Z.DE Amundi Prime Eurozone UCITS ETF DR (D)	9.20%	24.78%	9.45%	19.43%	-12.46%	27.38%	-0.40%

Correlation

The correlation between LEAD.DE and PR1Z.DE is 0.91, 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	0.91
Correlation (3Y) Calculated over the trailing 3-year period	0.90
Correlation (5Y) Calculated over the trailing 5-year period	0.92
Correlation (All Time) Calculated using the full available price history since Dec 18, 2020	0.92

The correlation between LEAD.DE and PR1Z.DE has been stable across timeframes, ranging from 0.90 to 0.92 - a consistent structural relationship.

Return for Risk

LEAD.DE vs. PR1Z.DE — Risk / Return Rank

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

LEAD.DE

LEAD.DE Risk / Return Rank: 35
LEAD.DE Sharpe Ratio Rank: 34
LEAD.DE Sortino Ratio Rank: 35
LEAD.DE Omega Ratio Rank: 35
LEAD.DE Calmar Ratio Rank: 33
LEAD.DE Martin Ratio Rank: 39

PR1Z.DE

PR1Z.DE Risk / Return Rank: 39
PR1Z.DE Sharpe Ratio Rank: 37
PR1Z.DE Sortino Ratio Rank: 39
PR1Z.DE Omega Ratio Rank: 38
PR1Z.DE Calmar Ratio Rank: 38
PR1Z.DE Martin Ratio Rank: 43

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.

LEAD.DE vs. PR1Z.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Amundi MSCI Europe ESG Leaders UCITS ETF Acc (LEAD.DE) and Amundi Prime Eurozone UCITS ETF DR (D) (PR1Z.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.

	LEAD.DE	PR1Z.DE	Difference
Sharpe ratio: Return per unit of total volatility	1.22	1.30	-0.08
Sortino ratio: Return per unit of downside risk	1.82	1.97	-0.15
Omega ratio: Gain probability vs. loss probability	1.23	1.24	-0.01
Calmar ratio: Return relative to maximum drawdown	1.61	1.84	-0.23
Martin ratio: Return relative to average drawdown	6.00	6.79	-0.79
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

LEAD.DE vs. PR1Z.DE - Sharpe Ratio Comparison

The current LEAD.DE Sharpe Ratio is 1.22, which is comparable to the PR1Z.DE Sharpe Ratio of 1.30. The chart below compares the historical Sharpe Ratios of LEAD.DE and PR1Z.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

	LEAD.DE	PR1Z.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.22	1.30	-0.08
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.58	0.66	-0.08
Sharpe Ratio (All Time) Calculated using the full available price history	0.72	0.65	+0.07

Drawdowns

LEAD.DE vs. PR1Z.DE - Drawdown Comparison

The maximum LEAD.DE drawdown since its inception was -21.53%, smaller than the maximum PR1Z.DE drawdown of -39.52%. Use the drawdown chart below to compare losses from any high point for LEAD.DE and PR1Z.DE.

Drawdown Indicators

	LEAD.DE	PR1Z.DE	Difference
Max Drawdown Largest peak-to-trough decline	-21.53%	-39.52%	+17.99%
Max Drawdown (1Y) Largest decline over 1 year	-10.43%	-10.29%	-0.14%
Max Drawdown (3Y) Largest decline over 3 years	-16.59%	-15.66%	-0.93%
Max Drawdown (5Y) Largest decline over 5 years	-21.53%	-24.19%	+2.66%
Current Drawdown Current decline from peak	-1.11%	-0.41%	-0.70%
Average Drawdown Average peak-to-trough decline	-4.13%	-5.61%	+1.48%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.81%	2.79%	+0.02%

Volatility

LEAD.DE vs. PR1Z.DE - Volatility Comparison

Amundi MSCI Europe ESG Leaders UCITS ETF Acc (LEAD.DE) and Amundi Prime Eurozone UCITS ETF DR (D) (PR1Z.DE) have volatilities of 4.67% and 4.59%, 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.

Volatility by Period

	LEAD.DE	PR1Z.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.67%	4.59%	+0.08%
Volatility (6M) Calculated over the trailing 6-month period	11.36%	11.98%	-0.62%
Volatility (1Y) Calculated over the trailing 1-year period	13.78%	14.52%	-0.74%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.65%	16.26%	-1.61%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.47%	18.63%	-4.16%

LEAD.DE vs. PR1Z.DE - Expense Ratio Comparison

LEAD.DE has a 0.20% expense ratio, which is higher than PR1Z.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

LEAD.DE vs. PR1Z.DE - Dividend Comparison

LEAD.DE has not paid dividends to shareholders, while PR1Z.DE's dividend yield for the trailing twelve months is around 2.31%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
LEAD.DE Amundi MSCI Europe ESG Leaders UCITS ETF Acc	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
PR1Z.DE Amundi Prime Eurozone UCITS ETF DR (D)	2.31%	2.53%	2.77%	2.80%	3.09%	1.83%	2.11%	2.60%

Frequently Asked Questions

Can I hold both LEAD.DE and PR1Z.DE in my portfolio?

With a correlation of 0.91, LEAD.DE and PR1Z.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, LEAD.DE or PR1Z.DE?

On fees, PR1Z.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, LEAD.DE or PR1Z.DE?

PR1Z.DE is cheaper with a 0.05% expense ratio, compared with 0.20% for LEAD.DE.

What is the main difference between LEAD.DE and PR1Z.DE?

LEAD.DE tracks MSCI Europe ESG Leaders, while PR1Z.DE tracks Solactive GBS Developed Markets Eurozone Large & Mid Cap. Their fees differ too: 0.20% for LEAD.DE and 0.05% for PR1Z.DE.