LYQ3.DE vs. PRAR.DE
LYQ3.DE (Amundi Euro Government Bond 3-5Y UCITS ETF Acc) and PRAR.DE (Amundi Prime Euro Govies UCITS ETF) are both European Government Bonds funds from Amundi - LYQ3.DE tracks the Bloomberg Euro Treasury 50bn 3-5 Year Bond while PRAR.DE tracks the Solactive Eurozone Government Bond. Both are passively managed. Over the past 5 years, LYQ3.DE returned -0.36%/yr vs -2.24%/yr for PRAR.DE. Their correlation of 0.87 suggests significant overlap in exposure. LYQ3.DE charges 0.17%/yr vs 0.05%/yr for PRAR.DE.
Performance
LYQ3.DE vs. PRAR.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, LYQ3.DE achieves a -0.32% return, which is significantly lower than PRAR.DE's 0.07% return.
LYQ3.DE
- 1D
- 0.05%
- 1M
- 0.33%
- YTD
- -0.32%
- 6M
- -0.14%
- 1Y
- 0.37%
- 3Y*
- 2.71%
- 5Y*
- -0.36%
- 10Y*
- -0.05%
PRAR.DE
- 1D
- 0.09%
- 1M
- 0.61%
- YTD
- 0.07%
- 6M
- -0.03%
- 1Y
- -0.06%
- 3Y*
- 2.33%
- 5Y*
- -2.24%
- 10Y*
- —
LYQ3.DE vs. PRAR.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
LYQ3.DE Amundi Euro Government Bond 3-5Y UCITS ETF Acc | -0.32% | 2.66% | 2.16% | 5.09% | -10.00% | -1.33% | 1.07% |
PRAR.DE Amundi Prime Euro Govies UCITS ETF | 0.07% | 0.65% | 1.42% | 6.88% | -18.24% | -3.08% | 4.14% |
Correlation
The correlation between LYQ3.DE and PRAR.DE is 0.87, 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 | 0.87 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.91 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.91 |
Correlation (All Time) Calculated using the full available price history since Jan 23, 2020 | 0.87 |
The correlation between LYQ3.DE and PRAR.DE has been stable across timeframes, ranging from 0.87 to 0.91 - 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
LYQ3.DE vs. PRAR.DE — Risk / Return Rank
LYQ3.DE
PRAR.DE
LYQ3.DE vs. PRAR.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Amundi Euro Government Bond 3-5Y UCITS ETF Acc (LYQ3.DE) and Amundi Prime Euro Govies UCITS ETF (PRAR.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.
| LYQ3.DE | PRAR.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.16 | ||
| Sortino ratioReturn per unit of downside risk | +0.21 | ||
| Omega ratioGain probability vs. loss probability | 1.03 | 1.00 | +0.03 |
| Calmar ratioReturn relative to maximum drawdown | 0.15 | -0.02 | +0.17 |
| Martin ratioReturn relative to average drawdown | 0.43 | -0.05 | +0.48 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| LYQ3.DE | PRAR.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.15 | -0.01 | +0.16 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.10 | -0.36 | +0.26 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | -0.02 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.67 | -0.28 | +0.94 |
Drawdowns
LYQ3.DE vs. PRAR.DE - Drawdown Comparison
The maximum LYQ3.DE drawdown since its inception was -12.43%, smaller than the maximum PRAR.DE drawdown of -22.34%. Use the drawdown chart below to compare losses from any high point for LYQ3.DE and PRAR.DE.
Loading charts...
Drawdown Indicators
| LYQ3.DE | PRAR.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -12.43% | -22.34% | +9.91% |
Max Drawdown (1Y)Largest decline over 1 year | -2.38% | -3.48% | +1.10% |
Max Drawdown (3Y)Largest decline over 3 years | -2.38% | -4.05% | +1.67% |
Max Drawdown (5Y)Largest decline over 5 years | -12.02% | -21.49% | +9.47% |
Max Drawdown (10Y)Largest decline over 10 years | -12.43% | — | — |
Current DrawdownCurrent decline from peak | -2.86% | -13.95% | +11.09% |
Average DrawdownAverage peak-to-trough decline | -2.20% | -11.58% | +9.38% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.85% | 1.37% | -0.52% |
Volatility
LYQ3.DE vs. PRAR.DE - Volatility Comparison
The current volatility for Amundi Euro Government Bond 3-5Y UCITS ETF Acc (LYQ3.DE) is 0.99%, while Amundi Prime Euro Govies UCITS ETF (PRAR.DE) has a volatility of 1.75%. This indicates that LYQ3.DE experiences smaller price fluctuations and is considered to be less risky than PRAR.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| LYQ3.DE | PRAR.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.99% | 1.75% | -0.76% |
Volatility (6M)Calculated over the trailing 6-month period | 2.23% | 3.67% | -1.44% |
Volatility (1Y)Calculated over the trailing 1-year period | 2.51% | 4.40% | -1.89% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 3.56% | 6.22% | -2.66% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 2.80% | 5.80% | -3.00% |
LYQ3.DE vs. PRAR.DE - Expense Ratio Comparison
LYQ3.DE has a 0.17% expense ratio, which is higher than PRAR.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
LYQ3.DE vs. PRAR.DE - Dividend Comparison
Neither LYQ3.DE nor PRAR.DE has paid dividends to shareholders.
Frequently Asked Questions
LYQ3.DE and PRAR.DE have a correlation of 0.87, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, PRAR.DE is cheaper at 0.05% per year. The better choice depends on whether you care most about return, fees, risk, or income.
PRAR.DE is cheaper with a 0.05% expense ratio, compared with 0.17% for LYQ3.DE.
LYQ3.DE tracks Bloomberg Euro Treasury 50bn 3-5 Year Bond, while PRAR.DE tracks Solactive Eurozone Government Bond. Their fees differ too: 0.17% for LYQ3.DE and 0.05% for PRAR.DE.
Find the right allocation for LYQ3.DE and PRAR.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