PR1C.DE vs. SHLD
PR1C.DE (Amundi EUR Corporate Bond UCITS ETF DR EUR (D)) and SHLD (Global X Defense Tech ETF) are both exchange-traded funds - PR1C.DE is a European Corporate Bonds fund tracking the Bloomberg Euro Corporate Bond, while SHLD is a Aerospace & Defense fund tracking the Global X Defense Tech Index. Both are passively managed. Over the past year, PR1C.DE returned 2.00% vs 9.65% for SHLD. At a 0.09 correlation, their price movements are largely independent. PR1C.DE charges 0.07%/yr vs 0.50%/yr for SHLD.
Performance
PR1C.DE vs. SHLD - Performance Comparison
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Different Trading Currencies
PR1C.DE is traded in EUR, while SHLD is traded in USD. To make them comparable, the SHLD values have been converted to EUR using the latest available exchange rates.
Returns By Period
In the year-to-date period, PR1C.DE achieves a 0.63% return, which is significantly higher than SHLD's 0.39% return.
PR1C.DE
- 1D
- 0.09%
- 1M
- 0.68%
- YTD
- 0.63%
- 6M
- 0.47%
- 1Y
- 2.00%
- 3Y*
- 4.56%
- 5Y*
- -0.04%
- 10Y*
- —
SHLD
- 1D
- 1.44%
- 1M
- -4.13%
- YTD
- 0.39%
- 6M
- 2.50%
- 1Y
- 9.65%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
PR1C.DE vs. SHLD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
PR1C.DE Amundi EUR Corporate Bond UCITS ETF DR EUR (D) | 0.63% | 3.02% | 4.32% | 5.28% |
SHLD Global X Defense Tech ETF | 0.39% | 53.49% | 43.94% | 9.77% |
Correlation
The correlation between PR1C.DE and SHLD is 0.10, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.10 |
Correlation (All Time) Calculated using the full available price history since Sep 14, 2023 | 0.09 |
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Return for Risk
PR1C.DE vs. SHLD — Risk / Return Rank
PR1C.DE
SHLD
PR1C.DE vs. SHLD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Amundi EUR Corporate Bond UCITS ETF DR EUR (D) (PR1C.DE) and Global X Defense Tech ETF (SHLD). 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.
| PR1C.DE | SHLD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.24 | ||
| Sortino ratioReturn per unit of downside risk | +0.26 | ||
| Omega ratioGain probability vs. loss probability | 1.13 | 1.09 | +0.04 |
| Calmar ratioReturn relative to maximum drawdown | 0.76 | 0.48 | +0.28 |
| Martin ratioReturn relative to average drawdown | 2.59 | 1.23 | +1.37 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| PR1C.DE | SHLD | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.65 | 0.41 | +0.24 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.01 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.16 | 1.85 | -1.69 |
Drawdowns
PR1C.DE vs. SHLD - Drawdown Comparison
The maximum PR1C.DE drawdown since its inception was -17.73%, smaller than the maximum SHLD drawdown of -20.18%. Use the drawdown chart below to compare losses from any high point for PR1C.DE and SHLD.
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Drawdown Indicators
| PR1C.DE | SHLD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -17.73% | -20.18% | +2.45% |
Max Drawdown (1Y)Largest decline over 1 year | -2.61% | -20.18% | +17.57% |
Max Drawdown (3Y)Largest decline over 3 years | -2.61% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -17.73% | — | — |
Current DrawdownCurrent decline from peak | -1.67% | -17.56% | +15.89% |
Average DrawdownAverage peak-to-trough decline | -5.51% | -3.14% | -2.37% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.77% | 7.88% | -7.11% |
Volatility
PR1C.DE vs. SHLD - Volatility Comparison
The current volatility for Amundi EUR Corporate Bond UCITS ETF DR EUR (D) (PR1C.DE) is 1.07%, while Global X Defense Tech ETF (SHLD) has a volatility of 7.56%. This indicates that PR1C.DE experiences smaller price fluctuations and is considered to be less risky than SHLD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PR1C.DE | SHLD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.07% | 7.56% | -6.49% |
Volatility (6M)Calculated over the trailing 6-month period | 2.69% | 18.83% | -16.14% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.07% | 23.77% | -20.70% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.43% | 21.02% | -16.59% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.08% | 21.02% | -15.94% |
PR1C.DE vs. SHLD - Expense Ratio Comparison
PR1C.DE has a 0.07% expense ratio, which is lower than SHLD's 0.50% expense ratio.
Dividends
PR1C.DE vs. SHLD - Dividend Comparison
PR1C.DE's dividend yield for the trailing twelve months is around 2.54%, more than SHLD's 0.55% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
PR1C.DE Amundi EUR Corporate Bond UCITS ETF DR EUR (D) | 2.54% | 2.55% | 2.19% | 1.80% | 1.44% | 1.32% | 1.38% | 1.01% |
SHLD Global X Defense Tech ETF | 0.55% | 0.55% | 0.53% | 0.26% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
PR1C.DE and SHLD have a correlation of 0.10, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, PR1C.DE is cheaper at 0.07% per year. The better choice depends on whether you care most about return, fees, risk, or income.
PR1C.DE is cheaper with a 0.07% expense ratio, compared with 0.50% for SHLD.
PR1C.DE is categorized as European Corporate Bonds, while SHLD is Aerospace & Defense. PR1C.DE tracks Bloomberg Euro Corporate Bond, while SHLD tracks Global X Defense Tech Index. They also come from different issuers: Amundi and Global X. Their fees differ too: 0.07% for PR1C.DE and 0.50% for SHLD.
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