MIDD.L vs. PRUK.L

Last updated Jun 5, 2026

MIDD.L (iShares FTSE 250 UCITS ETF) and PRUK.L (Amundi Prime UK Mid and Small Cap UCITS ETF DR GBP (D)) are both Europe Equities funds tracking the FTSE 250 Ex Investment Trust TR GBP, from iShares and Amundi respectively. Both are passively managed. Over the past 5 years, MIDD.L returned 3.14%/yr vs 0.76%/yr for PRUK.L. Their correlation of 0.90 suggests significant overlap in exposure. MIDD.L charges 0.40%/yr vs 0.05%/yr for PRUK.L.

Performance

MIDD.L vs. PRUK.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in iShares FTSE 250 UCITS ETF (MIDD.L) and Amundi Prime UK Mid and Small Cap UCITS ETF DR GBP (D) (PRUK.L). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, MIDD.L achieves a 5.26% return, which is significantly higher than PRUK.L's 2.88% return.

MIDD.L

• 1D: 0.56%
• 1M: 4.32%
• YTD: 5.26%
• 6M: 7.17%
• 1Y: 13.79%
• 3Y*: 9.96%
• 5Y*: 3.14%
• 10Y*: 5.54%

PRUK.L

• 1D: 1.00%
• 1M: 3.43%
• YTD: 2.88%
• 6M: 5.16%
• 1Y: 9.91%
• 3Y*: 8.92%
• 5Y*: 0.76%
• 10Y*: —

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

MIDD.L vs. PRUK.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
MIDD.L iShares FTSE 250 UCITS ETF	5.26%	12.44%	7.33%	7.76%	-17.86%	16.27%	19.63%
PRUK.L Amundi Prime UK Mid and Small Cap UCITS ETF DR GBP (D)	2.88%	13.57%	5.85%	7.37%	-22.76%	12.69%	22.98%

Correlation

The correlation between MIDD.L and PRUK.L is 0.93, 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	0.93
Correlation (3Y) Calculated over the trailing 3-year period	0.95
Correlation (5Y) Calculated over the trailing 5-year period	0.95
Correlation (All Time) Calculated using the full available price history since Jul 29, 2020	0.90

The correlation between MIDD.L and PRUK.L has been stable across timeframes, ranging from 0.90 to 0.95 - a consistent structural relationship.

MIDD.L vs. PRUK.L - Sectors Allocation Comparison

Sectors	MIDD.L	PRUK.L
Industrials	19.9%	22.2%
Financial Services	19.5%	19.9%
Consumer Cyclical	13.3%	13.2%
Real Estate	9.4%	8.0%
Technology	9.2%	7.0%
Basic Materials	6.6%	7.3%
Consumer Defensive	6.1%	6.4%
Communication Services	5.9%	6.8%
Healthcare	4.4%	2.9%
Utilities	3.0%	3.4%
Energy	2.5%	2.9%

Return for Risk

MIDD.L vs. PRUK.L — Risk / Return Rank

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

MIDD.L

MIDD.L Risk / Return Rank: 30
MIDD.L Sharpe Ratio Rank: 31
MIDD.L Sortino Ratio Rank: 32
MIDD.L Omega Ratio Rank: 31
MIDD.L Calmar Ratio Rank: 25
MIDD.L Martin Ratio Rank: 29

PRUK.L

PRUK.L Risk / Return Rank: 21
PRUK.L Sharpe Ratio Rank: 21
PRUK.L Sortino Ratio Rank: 21
PRUK.L Omega Ratio Rank: 21
PRUK.L Calmar Ratio Rank: 18
PRUK.L Martin Ratio Rank: 21

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.

MIDD.L vs. PRUK.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares FTSE 250 UCITS ETF (MIDD.L) and Amundi Prime UK Mid and Small Cap UCITS ETF DR GBP (D) (PRUK.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.

	MIDD.L	PRUK.L	Difference
Sharpe ratio: Return per unit of total volatility	1.10	0.70	+0.40
Sortino ratio: Return per unit of downside risk	1.67	1.09	+0.58
Omega ratio: Gain probability vs. loss probability	1.21	1.13	+0.07
Calmar ratio: Return relative to maximum drawdown	1.19	0.76	+0.43
Martin ratio: Return relative to average drawdown	4.19	2.52	+1.67
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

MIDD.L vs. PRUK.L - Sharpe Ratio Comparison

The current MIDD.L Sharpe Ratio is 1.10, which is higher than the PRUK.L Sharpe Ratio of 0.70. The chart below compares the historical Sharpe Ratios of MIDD.L and PRUK.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.

Sharpe Ratios by Period

	MIDD.L	PRUK.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.10	0.70	+0.40
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.21	0.05	+0.16
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.33	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.48	0.38	+0.10

Drawdowns

MIDD.L vs. PRUK.L - Drawdown Comparison

The maximum MIDD.L drawdown since its inception was -51.66%, which is greater than PRUK.L's maximum drawdown of -36.10%. Use the drawdown chart below to compare losses from any high point for MIDD.L and PRUK.L.

Drawdown Indicators

	MIDD.L	PRUK.L	Difference
Max Drawdown Largest peak-to-trough decline	-51.66%	-36.10%	-15.56%
Max Drawdown (1Y) Largest decline over 1 year	-11.54%	-13.05%	+1.51%
Max Drawdown (3Y) Largest decline over 3 years	-16.92%	-18.00%	+1.08%
Max Drawdown (5Y) Largest decline over 5 years	-29.93%	-36.10%	+6.17%
Max Drawdown (10Y) Largest decline over 10 years	-41.60%	—	—
Current Drawdown Current decline from peak	-0.77%	-3.76%	+2.99%
Average Drawdown Average peak-to-trough decline	-8.76%	-14.80%	+6.04%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.28%	3.93%	-0.65%

Volatility

MIDD.L vs. PRUK.L - Volatility Comparison

The current volatility for iShares FTSE 250 UCITS ETF (MIDD.L) is 3.92%, while Amundi Prime UK Mid and Small Cap UCITS ETF DR GBP (D) (PRUK.L) has a volatility of 4.82%. This indicates that MIDD.L experiences smaller price fluctuations and is considered to be less risky than PRUK.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	MIDD.L	PRUK.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.92%	4.82%	-0.90%
Volatility (6M) Calculated over the trailing 6-month period	10.27%	11.72%	-1.45%
Volatility (1Y) Calculated over the trailing 1-year period	12.49%	14.14%	-1.65%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.27%	16.54%	-1.27%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.54%	17.45%	-0.91%

MIDD.L vs. PRUK.L - Expense Ratio Comparison

MIDD.L has a 0.40% expense ratio, which is higher than PRUK.L's 0.05% expense ratio.

Dividends

MIDD.L vs. PRUK.L - Dividend Comparison

MIDD.L's dividend yield for the trailing twelve months is around 3.43%, less than PRUK.L's 3.60% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
MIDD.L iShares FTSE 250 UCITS ETF	3.43%	3.56%	3.05%	3.17%	2.76%	2.01%	1.51%	2.72%	3.07%	2.80%	2.67%	2.80%
PRUK.L Amundi Prime UK Mid and Small Cap UCITS ETF DR GBP (D)	3.60%	3.70%	3.63%	3.43%	3.50%	1.73%	0.29%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both MIDD.L and PRUK.L in my portfolio?

With a correlation of 0.93, MIDD.L and PRUK.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, MIDD.L or PRUK.L?

On fees, PRUK.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, MIDD.L or PRUK.L?

PRUK.L is cheaper with a 0.05% expense ratio, compared with 0.40% for MIDD.L.

What is the main difference between MIDD.L and PRUK.L?

Both ETFs track FTSE 250 Ex Investment Trust TR GBP. They also come from different issuers: iShares and Amundi. Their fees differ too: 0.40% for MIDD.L and 0.05% for PRUK.L.