PPFB.DE vs. PR1H.DE
PPFB.DE (iShares Physical Gold ETC) and PR1H.DE (Amundi US Treasury Bond 0-1Y UCITS ETF EUR Hedged Acc) are both exchange-traded funds - PPFB.DE is a Precious Metals fund tracking the Gold, while PR1H.DE is a Short-Term Bond fund actively managed by Amundi. PPFB.DE is passively managed, while PR1H.DE is actively managed. Over the past 3 years, PPFB.DE returned 28.05%/yr vs 2.75%/yr for PR1H.DE. At a 0.10 correlation, their price movements are largely independent. PPFB.DE charges 0.12%/yr vs 0.07%/yr for PR1H.DE.
Performance
PPFB.DE vs. PR1H.DE - Performance Comparison
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Returns By Period
In the year-to-date period, PPFB.DE achieves a 2.74% return, which is significantly higher than PR1H.DE's 0.71% return.
PPFB.DE
- 1D
- 0.61%
- 1M
- -4.00%
- YTD
- 2.74%
- 6M
- 5.47%
- 1Y
- 31.35%
- 3Y*
- 28.05%
- 5Y*
- —
- 10Y*
- —
PR1H.DE
- 1D
- -0.05%
- 1M
- 0.14%
- YTD
- 0.71%
- 6M
- 0.80%
- 1Y
- 1.72%
- 3Y*
- 2.75%
- 5Y*
- 1.42%
- 10Y*
- —
PPFB.DE vs. PR1H.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
PPFB.DE iShares Physical Gold ETC | 2.74% | 49.11% | 34.17% | 9.42% | 7.03% | 2.86% |
PR1H.DE Amundi US Treasury Bond 0-1Y UCITS ETF EUR Hedged Acc | 0.71% | 2.07% | 3.49% | 2.77% | -1.36% | -0.40% |
Correlation
The correlation between PPFB.DE and PR1H.DE is 0.12, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.12 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.05 |
Correlation (All Time) Calculated using the full available price history since Jul 16, 2021 | 0.10 |
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Return for Risk
PPFB.DE vs. PR1H.DE — Risk / Return Rank
PPFB.DE
PR1H.DE
PPFB.DE vs. PR1H.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Physical Gold ETC (PPFB.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.
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.
| PPFB.DE | PR1H.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.61 | ||
| Sortino ratioReturn per unit of downside risk | -2.75 | ||
| Omega ratioGain probability vs. loss probability | 1.26 | 1.82 | -0.56 |
| Calmar ratioReturn relative to maximum drawdown | 1.81 | 9.06 | -7.25 |
| Martin ratioReturn relative to average drawdown | 4.60 | 54.72 | -50.12 |
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Drawdowns
PPFB.DE vs. PR1H.DE - Drawdown Comparison
The maximum PPFB.DE drawdown since its inception was -16.60%, which is greater than PR1H.DE's maximum drawdown of -2.85%. Use the drawdown chart below to compare losses from any high point for PPFB.DE and PR1H.DE.
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Drawdown Indicators
| PPFB.DE | PR1H.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -16.60% | -2.85% | -13.75% |
Max Drawdown (1Y)Largest decline over 1 year | -16.60% | -0.19% | -16.41% |
Max Drawdown (3Y)Largest decline over 3 years | -16.60% | -0.30% | -16.30% |
Max Drawdown (5Y)Largest decline over 5 years | — | -2.16% | — |
Current DrawdownCurrent decline from peak | -15.00% | -0.05% | -14.95% |
Average DrawdownAverage peak-to-trough decline | -4.42% | -0.75% | -3.67% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.55% | 0.03% | +6.52% |
Volatility
PPFB.DE vs. PR1H.DE - Volatility Comparison
iShares Physical Gold ETC (PPFB.DE) has a higher volatility of 5.11% compared to Amundi US Treasury Bond 0-1Y UCITS ETF EUR Hedged Acc (PR1H.DE) at 0.17%. This indicates that PPFB.DE's price experiences larger fluctuations and is considered to be riskier than PR1H.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PPFB.DE | PR1H.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.11% | 0.17% | +4.94% |
Volatility (6M)Calculated over the trailing 6-month period | 20.18% | 0.48% | +19.70% |
Volatility (1Y)Calculated over the trailing 1-year period | 23.12% | 0.59% | +22.53% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.13% | 0.95% | +15.18% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.13% | 0.94% | +15.19% |
PPFB.DE vs. PR1H.DE - Expense Ratio Comparison
PPFB.DE has a 0.12% expense ratio, which is higher than PR1H.DE's 0.07% 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
PPFB.DE vs. PR1H.DE - Dividend Comparison
Neither PPFB.DE nor PR1H.DE has paid dividends to shareholders.
Frequently Asked Questions
PPFB.DE and PR1H.DE have a correlation of 0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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.
PR1H.DE is cheaper with a 0.07% expense ratio, compared with 0.12% for PPFB.DE.
PPFB.DE is categorized as Precious Metals, while PR1H.DE is Short-Term Bond. They also come from different issuers: iShares and Amundi. Their fees differ too: 0.12% for PPFB.DE and 0.07% for PR1H.DE.
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