MEUD.L vs. PRIE.L

Last updated Jun 25, 2026

MEUD.L (Lyxor Core STOXX Europe 600 (DR) - UCITS ETF Acc) and PRIE.L (Amundi Prime Europe UCITS ETF DR (D)) are both Europe Equities funds from Amundi tracking the MSCI Europe NR EUR. Both are passively managed. Over the past 5 years, MEUD.L returned 9.93%/yr vs 10.24%/yr for PRIE.L. With a 0.97 correlation, they move nearly in lockstep. MEUD.L charges 0.15%/yr vs 0.05%/yr for PRIE.L.

Performance

MEUD.L vs. PRIE.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in Lyxor Core STOXX Europe 600 (DR) - UCITS ETF Acc (MEUD.L) and Amundi Prime Europe UCITS ETF DR (D) (PRIE.L). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, MEUD.L achieves a 8.20% return, which is significantly lower than PRIE.L's 8.64% return.

MEUD.L

• 1D: -0.06%
• 1M: 1.72%
• YTD: 8.20%
• 6M: 8.64%
• 1Y: 21.89%
• 3Y*: 15.50%
• 5Y*: 9.93%
• 10Y*: 10.58%

PRIE.L

• 1D: -0.05%
• 1M: 1.92%
• YTD: 8.64%
• 6M: 9.10%
• 1Y: 22.66%
• 3Y*: 15.38%
• 5Y*: 10.24%
• 10Y*: —

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

MEUD.L vs. PRIE.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
MEUD.L Lyxor Core STOXX Europe 600 (DR) - UCITS ETF Acc	8.20%	26.51%	3.65%	13.48%	-5.04%	17.06%	3.85%	17.93%
PRIE.L Amundi Prime Europe UCITS ETF DR (D)	8.64%	26.12%	3.78%	13.38%	-3.62%	17.39%	1.98%	1.60%

Correlation

The correlation between MEUD.L and PRIE.L is 0.99 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.99
Correlation (3Y) Calculated over the trailing 3-year period	0.97
Correlation (5Y) Calculated over the trailing 5-year period	0.98
Correlation (All Time) Calculated using the full available price history since Jan 30, 2019	0.97

The correlation between MEUD.L and PRIE.L has been stable across timeframes, ranging from 0.97 to 0.99 - a consistent structural relationship.

MEUD.L vs. PRIE.L - Sectors Allocation Comparison

Sectors	MEUD.L	PRIE.L
Financial Services	24.6%	24.7%
Industrials	20.1%	19.0%
Healthcare	12.3%	13.1%
Technology	9.7%	9.8%
Consumer Defensive	7.6%	8.2%
Consumer Cyclical	7.2%	6.7%
Energy	5.1%	5.0%
Basic Materials	5.0%	5.1%
Utilities	4.4%	4.5%
Communication Services	2.9%	3.3%
Real Estate	1.2%	0.6%

Return for Risk

MEUD.L vs. PRIE.L — Risk / Return Rank

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

MEUD.L

MEUD.L Risk / Return Rank: 55
MEUD.L Sharpe Ratio Rank: 60
MEUD.L Sortino Ratio Rank: 60
MEUD.L Omega Ratio Rank: 63
MEUD.L Calmar Ratio Rank: 46
MEUD.L Martin Ratio Rank: 49

PRIE.L

PRIE.L Risk / Return Rank: 59
PRIE.L Sharpe Ratio Rank: 65
PRIE.L Sortino Ratio Rank: 64
PRIE.L Omega Ratio Rank: 67
PRIE.L Calmar Ratio Rank: 49
PRIE.L Martin Ratio Rank: 51

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.

MEUD.L vs. PRIE.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Lyxor Core STOXX Europe 600 (DR) - UCITS ETF Acc (MEUD.L) and Amundi Prime Europe UCITS ETF DR (D) (PRIE.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.

	MEUD.L	PRIE.L	Difference
Sharpe ratio: Return per unit of total volatility	1.79	1.86	-0.07
Sortino ratio: Return per unit of downside risk	2.52	2.59	-0.07
Omega ratio: Gain probability vs. loss probability	1.34	1.35	-0.01
Calmar ratio: Return relative to maximum drawdown	2.07	2.14	-0.07
Martin ratio: Return relative to average drawdown	7.52	7.75	-0.24

MEUD.L vs. PRIE.L - Sharpe Ratio Comparison

The current MEUD.L Sharpe Ratio is 1.79, which is comparable to the PRIE.L Sharpe Ratio of 1.86. The chart below compares the historical Sharpe Ratios of MEUD.L and PRIE.L, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

MEUD.L vs. PRIE.L - Drawdown Comparison

The maximum MEUD.L drawdown since its inception was -28.57%, roughly equal to the maximum PRIE.L drawdown of -29.33%. Use the drawdown chart below to compare losses from any high point for MEUD.L and PRIE.L.

Drawdown Indicators

	MEUD.L	PRIE.L	Difference
Max Drawdown Largest peak-to-trough decline	-28.57%	-29.33%	+0.76%
Max Drawdown (1Y) Largest decline over 1 year	-10.53%	-10.55%	+0.02%
Max Drawdown (3Y) Largest decline over 3 years	-12.61%	-13.25%	+0.64%
Max Drawdown (5Y) Largest decline over 5 years	-17.09%	-15.93%	-1.16%
Max Drawdown (10Y) Largest decline over 10 years	-28.57%	—	—
Current Drawdown Current decline from peak	-0.99%	-0.86%	-0.13%
Average Drawdown Average peak-to-trough decline	-6.88%	-4.65%	-2.23%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.91%	2.92%	-0.01%

Volatility

MEUD.L vs. PRIE.L - Volatility Comparison

Lyxor Core STOXX Europe 600 (DR) - UCITS ETF Acc (MEUD.L) has a higher volatility of 3.02% compared to Amundi Prime Europe UCITS ETF DR (D) (PRIE.L) at 2.86%. This indicates that MEUD.L's price experiences larger fluctuations and is considered to be riskier than PRIE.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	MEUD.L	PRIE.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.02%	2.86%	+0.16%
Volatility (6M) Calculated over the trailing 6-month period	10.37%	10.31%	+0.06%
Volatility (1Y) Calculated over the trailing 1-year period	12.21%	12.16%	+0.05%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.01%	13.95%	+2.06%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.91%	16.49%	+0.42%

MEUD.L vs. PRIE.L - Expense Ratio Comparison

MEUD.L has a 0.15% expense ratio, which is higher than PRIE.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

MEUD.L vs. PRIE.L - Dividend Comparison

MEUD.L has not paid dividends to shareholders, while PRIE.L's dividend yield for the trailing twelve months is around 2.37%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
MEUD.L Lyxor Core STOXX Europe 600 (DR) - UCITS ETF Acc	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
PRIE.L Amundi Prime Europe UCITS ETF DR (D)	2.37%	2.57%	2.84%	2.88%	3.10%	2.27%	2.16%	2.76%

Frequently Asked Questions

Can I hold both MEUD.L and PRIE.L in my portfolio?

With a correlation of 0.99, MEUD.L and PRIE.L 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, MEUD.L or PRIE.L?

On fees, PRIE.L 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, MEUD.L or PRIE.L?

PRIE.L is cheaper with a 0.05% expense ratio, compared with 0.15% for MEUD.L.

What is the main difference between MEUD.L and PRIE.L?

Both ETFs track MSCI Europe NR EUR. Their fees differ too: 0.15% for MEUD.L and 0.05% for PRIE.L.