MDBA.DE vs. PR1G.DE
MDBA.DE (UBS ETF (LU) Sustainable Development Bank Bonds UCITS ETF (USD) Acc) and PR1G.DE (Amundi Prime Global Government Bond UCITS ETF (Dist)) are both Government Bonds funds - MDBA.DE tracks the Solactive UBS Global Multilateral Development Bank Bond USD 25% Issuer Capped while PR1G.DE tracks the Solactive Global Developed Government Bond Index. Both are passively managed. Over the past 5 years, MDBA.DE returned 1.59%/yr vs -2.72%/yr for PR1G.DE. A 0.67 correlation means they provide meaningful diversification when combined. MDBA.DE charges 0.15%/yr vs 0.05%/yr for PR1G.DE.
Performance
MDBA.DE vs. PR1G.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, MDBA.DE achieves a 3.11% return, which is significantly higher than PR1G.DE's 0.99% return.
MDBA.DE
- 1D
- 0.18%
- 1M
- 1.39%
- 6M
- 1.86%
- YTD
- 3.11%
- 1Y
- 4.69%
- 3Y*
- 3.35%
- 5Y*
- 1.59%
- 10Y*
- —
PR1G.DE
- 1D
- 0.18%
- 1M
- 0.18%
- 6M
- 0.24%
- YTD
- 0.99%
- 1Y
- 1.22%
- 3Y*
- 0.44%
- 5Y*
- -2.72%
- 10Y*
- —
MDBA.DE vs. PR1G.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
MDBA.DE UBS ETF (LU) Sustainable Development Bank Bonds UCITS ETF (USD) Acc | 3.11% | -5.27% | 8.74% | 0.88% | -1.83% | 6.67% | -4.51% | 6.80% |
PR1G.DE Amundi Prime Global Government Bond UCITS ETF (Dist) | 0.99% | -4.74% | 2.19% | 1.15% | -13.10% | 0.82% | 0.44% | 7.03% |
Correlation
The correlation between MDBA.DE and PR1G.DE is 0.61, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.61 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.65 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.66 |
Correlation (All Time) Calculated using the full available price history since Feb 5, 2019 | 0.67 |
The correlation between MDBA.DE and PR1G.DE has been stable across timeframes, ranging from 0.61 to 0.67 - 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
MDBA.DE vs. PR1G.DE — Risk / Return Rank
MDBA.DE
PR1G.DE
MDBA.DE vs. PR1G.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for UBS ETF (LU) Sustainable Development Bank Bonds UCITS ETF (USD) Acc (MDBA.DE) and Amundi Prime Global Government Bond UCITS ETF (Dist) (PR1G.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.
| MDBA.DE | PR1G.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.60 | ||
| Sortino ratioReturn per unit of downside risk | +0.89 | ||
| Omega ratioGain probability vs. loss probability | 1.16 | 1.06 | +0.11 |
| Calmar ratioReturn relative to maximum drawdown | 1.23 | 0.43 | +0.81 |
| Martin ratioReturn relative to average drawdown | 3.13 | 0.87 | +2.26 |
Loading charts...
Drawdowns
MDBA.DE vs. PR1G.DE - Drawdown Comparison
The maximum MDBA.DE drawdown since its inception was -12.89%, smaller than the maximum PR1G.DE drawdown of -20.86%. Use the drawdown chart below to compare losses from any high point for MDBA.DE and PR1G.DE.
Loading charts...
Drawdown Indicators
| MDBA.DE | PR1G.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -12.89% | -20.86% | +7.97% |
Max Drawdown (1Y)Largest decline over 1 year | -3.79% | -2.85% | -0.94% |
Max Drawdown (3Y)Largest decline over 3 years | -10.05% | -7.94% | -2.11% |
Max Drawdown (5Y)Largest decline over 5 years | -12.02% | -17.71% | +5.69% |
Current DrawdownCurrent decline from peak | -4.37% | -18.36% | +13.99% |
Average DrawdownAverage peak-to-trough decline | -6.49% | -11.48% | +4.99% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.49% | 1.39% | +0.10% |
Volatility
MDBA.DE vs. PR1G.DE - Volatility Comparison
The current volatility for UBS ETF (LU) Sustainable Development Bank Bonds UCITS ETF (USD) Acc (MDBA.DE) is 1.10%, while Amundi Prime Global Government Bond UCITS ETF (Dist) (PR1G.DE) has a volatility of 1.17%. This indicates that MDBA.DE experiences smaller price fluctuations and is considered to be less risky than PR1G.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| MDBA.DE | PR1G.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.10% | 1.17% | -0.07% |
Volatility (6M)Calculated over the trailing 6-month period | 3.65% | 3.01% | +0.64% |
Volatility (1Y)Calculated over the trailing 1-year period | 5.23% | 4.05% | +1.18% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.26% | 6.47% | +0.79% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 10.65% | 6.10% | +4.55% |
MDBA.DE vs. PR1G.DE - Expense Ratio Comparison
MDBA.DE has a 0.15% expense ratio, which is higher than PR1G.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
MDBA.DE vs. PR1G.DE - Dividend Comparison
MDBA.DE has not paid dividends to shareholders, while PR1G.DE's dividend yield for the trailing twelve months is around 2.93%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
MDBA.DE UBS ETF (LU) Sustainable Development Bank Bonds UCITS ETF (USD) Acc | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
PR1G.DE Amundi Prime Global Government Bond UCITS ETF (Dist) | 2.93% | 2.96% | 2.34% | 1.99% | 1.74% | 1.50% | 1.77% | 1.23% |
Frequently Asked Questions
MDBA.DE and PR1G.DE have a correlation of 0.61, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, PR1G.DE is cheaper at 0.05% per year. The better choice depends on whether you care most about return, fees, risk, or income.
PR1G.DE is cheaper with a 0.05% expense ratio, compared with 0.15% for MDBA.DE.
MDBA.DE tracks Solactive UBS Global Multilateral Development Bank Bond USD 25% Issuer Capped, while PR1G.DE tracks Solactive Global Developed Government Bond Index. They also come from different issuers: UBS and Amundi. Their fees differ too: 0.15% for MDBA.DE and 0.05% for PR1G.DE.
Find the right allocation for MDBA.DE and PR1G.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