PJS1.DE vs. PR1H.DE

Last updated Jun 5, 2026

PJS1.DE (PIMCO Euro Short Maturity UCITS ETF EUR Income) and PR1H.DE (Amundi US Treasury Bond 0-1Y UCITS ETF EUR Hedged Acc) are both Short-Term Bond funds. Both are actively managed. Over the past 5 years, PJS1.DE returned 1.84%/yr vs 1.41%/yr for PR1H.DE. At a 0.15 correlation, their price movements are largely independent. PJS1.DE charges 0.35%/yr vs 0.07%/yr for PR1H.DE.

Performance

PJS1.DE vs. PR1H.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in PIMCO Euro Short Maturity UCITS ETF EUR Income (PJS1.DE) and Amundi US Treasury Bond 0-1Y UCITS ETF EUR Hedged Acc (PR1H.DE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, PJS1.DE achieves a 0.82% return, which is significantly higher than PR1H.DE's 0.69% return.

PJS1.DE

• 1D: 0.01%
• 1M: 0.23%
• YTD: 0.82%
• 6M: 0.97%
• 1Y: 2.30%
• 3Y*: 3.54%
• 5Y*: 1.84%
• 10Y*: 0.69%

PR1H.DE

• 1D: -0.01%
• 1M: 0.12%
• YTD: 0.69%
• 6M: 0.84%
• 1Y: 1.76%
• 3Y*: 2.76%
• 5Y*: 1.41%
• 10Y*: —

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

PJS1.DE vs. PR1H.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
PJS1.DE PIMCO Euro Short Maturity UCITS ETF EUR Income	0.82%	2.87%	4.36%	3.98%	-2.27%	-0.59%	0.00%
PR1H.DE Amundi US Treasury Bond 0-1Y UCITS ETF EUR Hedged Acc	0.69%	2.08%	3.47%	2.78%	-1.36%	-0.93%	-0.18%

Correlation

The correlation between PJS1.DE and PR1H.DE is 0.07, 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	0.07
Correlation (3Y) Calculated over the trailing 3-year period	0.02
Correlation (5Y) Calculated over the trailing 5-year period	0.16
Correlation (All Time) Calculated using the full available price history since Aug 5, 2020	0.15

The correlation between PJS1.DE and PR1H.DE shifts across timeframes, from 0.02 (3 years) to 0.16 (5 years), reflecting how their relationship changes across market environments.

Return for Risk

PJS1.DE vs. PR1H.DE — Risk / Return Rank

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

PJS1.DE

PJS1.DE Risk / Return Rank: 96
PJS1.DE Sharpe Ratio Rank: 97
PJS1.DE Sortino Ratio Rank: 98
PJS1.DE Omega Ratio Rank: 98
PJS1.DE Calmar Ratio Rank: 93
PJS1.DE Martin Ratio Rank: 95

PR1H.DE

PR1H.DE Risk / Return Rank: 97
PR1H.DE Sharpe Ratio Rank: 95
PR1H.DE Sortino Ratio Rank: 97
PR1H.DE Omega Ratio Rank: 97
PR1H.DE Calmar Ratio Rank: 98
PR1H.DE Martin Ratio Rank: 98

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.

PJS1.DE vs. PR1H.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for PIMCO Euro Short Maturity UCITS ETF EUR Income (PJS1.DE) and Amundi US Treasury Bond 0-1Y UCITS ETF EUR Hedged Acc (PR1H.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.

	PJS1.DE	PR1H.DE	Difference
Sharpe ratio: Return per unit of total volatility	4.59	3.83	+0.76
Sortino ratio: Return per unit of downside risk	8.13	5.97	+2.15
Omega ratio: Gain probability vs. loss probability	2.14	1.86	+0.27
Calmar ratio: Return relative to maximum drawdown	6.35	14.80	-8.44
Martin ratio: Return relative to average drawdown	29.19	68.95	-39.76
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

PJS1.DE vs. PR1H.DE - Sharpe Ratio Comparison

The current PJS1.DE Sharpe Ratio is 4.59, which is comparable to the PR1H.DE Sharpe Ratio of 3.83. The chart below compares the historical Sharpe Ratios of PJS1.DE and PR1H.DE, 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

	PJS1.DE	PR1H.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	4.59	3.83	+0.76
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	3.05	1.56	+1.50
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	1.06	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.82	1.24	-0.42

Drawdowns

PJS1.DE vs. PR1H.DE - Drawdown Comparison

The maximum PJS1.DE drawdown since its inception was -5.79%, which is greater than PR1H.DE's maximum drawdown of -2.84%. Use the drawdown chart below to compare losses from any high point for PJS1.DE and PR1H.DE.

Drawdown Indicators

	PJS1.DE	PR1H.DE	Difference
Max Drawdown Largest peak-to-trough decline	-5.79%	-2.84%	-2.95%
Max Drawdown (1Y) Largest decline over 1 year	-0.36%	-0.12%	-0.24%
Max Drawdown (3Y) Largest decline over 3 years	-0.36%	-0.26%	-0.10%
Max Drawdown (5Y) Largest decline over 5 years	-3.42%	-2.22%	-1.20%
Max Drawdown (10Y) Largest decline over 10 years	-5.57%	—	—
Current Drawdown Current decline from peak	-0.01%	-0.01%	0.00%
Average Drawdown Average peak-to-trough decline	-1.16%	-0.76%	-0.40%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.08%	0.03%	+0.05%

Volatility

PJS1.DE vs. PR1H.DE - Volatility Comparison

The current volatility for PIMCO Euro Short Maturity UCITS ETF EUR Income (PJS1.DE) is 0.13%, while Amundi US Treasury Bond 0-1Y UCITS ETF EUR Hedged Acc (PR1H.DE) has a volatility of 0.20%. This indicates that PJS1.DE experiences smaller price fluctuations and is considered to be less risky than PR1H.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PJS1.DE	PR1H.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.13%	0.20%	-0.07%
Volatility (6M) Calculated over the trailing 6-month period	0.42%	0.35%	+0.07%
Volatility (1Y) Calculated over the trailing 1-year period	0.50%	0.45%	+0.05%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	0.60%	0.90%	-0.30%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	0.65%	0.89%	-0.24%

PJS1.DE vs. PR1H.DE - Expense Ratio Comparison

PJS1.DE has a 0.35% expense ratio, which is higher than PR1H.DE's 0.07% expense ratio.

Dividends

PJS1.DE vs. PR1H.DE - Dividend Comparison

PJS1.DE's dividend yield for the trailing twelve months is around 2.91%, while PR1H.DE has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
PJS1.DE PIMCO Euro Short Maturity UCITS ETF EUR Income	2.91%	3.11%	3.58%	2.90%	0.32%	0.00%	0.00%	0.00%	0.00%	0.02%	0.05%	0.19%
PR1H.DE Amundi US Treasury Bond 0-1Y UCITS ETF EUR Hedged Acc	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both PJS1.DE and PR1H.DE in my portfolio?

PJS1.DE and PR1H.DE have a correlation of 0.07, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, PJS1.DE or PR1H.DE?

On fees, PR1H.DE is cheaper at 0.07% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, PJS1.DE or PR1H.DE?

PR1H.DE is cheaper with a 0.07% expense ratio, compared with 0.35% for PJS1.DE.

What is the main difference between PJS1.DE and PR1H.DE?

They also come from different issuers: PIMCO and Amundi. Their fees differ too: 0.35% for PJS1.DE and 0.07% for PR1H.DE.