LQDH.L vs. PRIG.L
LQDH.L (iShares $ Corp Bond Interest Rate Hedged UCITS ETF USD (Dist)) and PRIG.L (Amundi Prime Global Govies UCITS ETF DR (D)) are both Global Bonds funds - LQDH.L tracks the iShares $ Corp Bond Interest Rate Hedged UCITS ETF USD (Dist) while PRIG.L tracks the Bloomberg Global Aggregate TR USD. Both are passively managed. Over the past 5 years, LQDH.L returned 5.33%/yr vs -3.23%/yr for PRIG.L. At a correlation of -0.07, they often move in opposite directions. LQDH.L charges 0.25%/yr vs 0.05%/yr for PRIG.L.
Performance
LQDH.L vs. PRIG.L - Performance Comparison
Loading charts...
Different Trading Currencies
LQDH.L is traded in USD, while PRIG.L is traded in GBp. To make them comparable, the PRIG.L values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, LQDH.L achieves a 2.29% return, which is significantly higher than PRIG.L's -1.35% return.
LQDH.L
- 1D
- -0.21%
- 1M
- -0.37%
- 6M
- 1.67%
- YTD
- 2.29%
- 1Y
- 4.74%
- 3Y*
- 7.38%
- 5Y*
- 5.33%
- 10Y*
- 4.37%
PRIG.L
- 1D
- 0.54%
- 1M
- -0.46%
- 6M
- -0.98%
- YTD
- -1.35%
- 1Y
- 0.66%
- 3Y*
- 1.34%
- 5Y*
- -3.23%
- 10Y*
- —
LQDH.L vs. PRIG.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
LQDH.L iShares $ Corp Bond Interest Rate Hedged UCITS ETF USD (Dist) | 2.29% | 4.93% | 8.27% | 11.54% | 0.28% | 0.92% | 0.77% | 7.21% |
PRIG.L Amundi Prime Global Govies UCITS ETF DR (D) | -1.35% | 7.34% | -3.43% | 4.13% | -18.09% | -6.76% | 9.21% | -6.49% |
Correlation
The correlation between LQDH.L and PRIG.L is 0.05, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.05 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.00 |
Correlation (5Y) Calculated over the trailing 5-year period | -0.00 |
Correlation (All Time) Calculated using the full available price history since Feb 5, 2019 | -0.07 |
The correlation between LQDH.L and PRIG.L shifts across timeframes, from -0.07 (all time) to 0.05 (1 year), 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
LQDH.L vs. PRIG.L — Risk / Return Rank
LQDH.L
PRIG.L
LQDH.L vs. PRIG.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares $ Corp Bond Interest Rate Hedged UCITS ETF USD (Dist) (LQDH.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.
| LQDH.L | PRIG.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.33 | ||
| Sortino ratioReturn per unit of downside risk | +1.99 | ||
| Omega ratioGain probability vs. loss probability | 1.25 | 1.02 | +0.22 |
| Calmar ratioReturn relative to maximum drawdown | 3.29 | 0.15 | +3.13 |
| Martin ratioReturn relative to average drawdown | 11.24 | 0.33 | +10.91 |
Loading charts...
Drawdowns
LQDH.L vs. PRIG.L - Drawdown Comparison
The maximum LQDH.L drawdown since its inception was -23.77%, smaller than the maximum PRIG.L drawdown of -30.07%. Use the drawdown chart below to compare losses from any high point for LQDH.L and PRIG.L.
Loading charts...
Drawdown Indicators
| LQDH.L | PRIG.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -23.77% | -30.07% | +6.30% |
Max Drawdown (1Y)Largest decline over 1 year | -1.39% | -4.28% | +2.89% |
Max Drawdown (3Y)Largest decline over 3 years | -2.81% | -8.06% | +5.25% |
Max Drawdown (5Y)Largest decline over 5 years | -6.42% | -26.77% | +20.35% |
Max Drawdown (10Y)Largest decline over 10 years | -23.77% | — | — |
Current DrawdownCurrent decline from peak | -0.51% | -20.20% | +19.69% |
Average DrawdownAverage peak-to-trough decline | -1.46% | -16.42% | +14.96% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.41% | 2.01% | -1.60% |
Volatility
LQDH.L vs. PRIG.L - Volatility Comparison
The current volatility for iShares $ Corp Bond Interest Rate Hedged UCITS ETF USD (Dist) (LQDH.L) is 0.93%, while Amundi Prime Global Govies UCITS ETF DR (D) (PRIG.L) has a volatility of 1.56%. This indicates that LQDH.L experiences smaller price fluctuations and is considered to be less risky than PRIG.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| LQDH.L | PRIG.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.93% | 1.56% | -0.63% |
Volatility (6M)Calculated over the trailing 6-month period | 2.21% | 4.75% | -2.54% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.19% | 6.19% | -3.00% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.87% | 8.13% | -3.26% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 6.41% | 9.79% | -3.38% |
LQDH.L vs. PRIG.L - Expense Ratio Comparison
LQDH.L has a 0.25% expense ratio, which is higher than PRIG.L'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
LQDH.L vs. PRIG.L - Dividend Comparison
LQDH.L's dividend yield for the trailing twelve months is around 4.34%, more than PRIG.L's 3.02% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LQDH.L iShares $ Corp Bond Interest Rate Hedged UCITS ETF USD (Dist) | 4.34% | 4.66% | 5.52% | 4.83% | 2.07% | 1.55% | 2.45% | 3.52% | 2.87% | 2.14% | 2.46% | 3.25% |
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% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
LQDH.L and PRIG.L have a correlation of 0.05, 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 0.25% for LQDH.L.
LQDH.L tracks iShares $ Corp Bond Interest Rate Hedged UCITS ETF USD (Dist), while PRIG.L tracks Bloomberg Global Aggregate TR USD. They also come from different issuers: iShares and Amundi. Their fees differ too: 0.25% for LQDH.L and 0.05% for PRIG.L.
Find the right allocation for LQDH.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