PR1E.DE vs. XESP.DE
PR1E.DE (Amundi Prime Europe UCITS ETF DR (D)) and XESP.DE (Xtrackers Spanish Equity UCITS ETF) are both Europe Equities funds - PR1E.DE tracks the Solactive GBS Developed Markets Europe Large & Mid Cap while XESP.DE tracks the Solactive Spain 40. Both are passively managed. Over the past 5 years, PR1E.DE returned 10.02%/yr vs 18.91%/yr for XESP.DE. Their correlation of 0.80 suggests significant overlap in exposure. PR1E.DE charges 0.05%/yr vs 0.30%/yr for XESP.DE.
Performance
PR1E.DE vs. XESP.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, PR1E.DE achieves a 7.72% return, which is significantly higher than XESP.DE's 7.33% return.
PR1E.DE
- 1D
- 0.46%
- 1M
- 3.10%
- YTD
- 7.72%
- 6M
- 10.21%
- 1Y
- 17.12%
- 3Y*
- 13.86%
- 5Y*
- 10.02%
- 10Y*
- —
XESP.DE
- 1D
- 0.58%
- 1M
- 3.73%
- YTD
- 7.33%
- 6M
- 11.53%
- 1Y
- 35.86%
- 3Y*
- 29.44%
- 5Y*
- 18.91%
- 10Y*
- —
PR1E.DE vs. XESP.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
PR1E.DE Amundi Prime Europe UCITS ETF DR (D) | 7.72% | 20.48% | 8.42% | 15.89% | -9.34% | 25.39% | -3.59% | 15.15% |
XESP.DE Xtrackers Spanish Equity UCITS ETF | 7.33% | 58.64% | 14.65% | 26.79% | -1.62% | 10.88% | -10.20% | 6.98% |
Correlation
The correlation between PR1E.DE and XESP.DE is 0.80, 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 | 0.80 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.76 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.78 |
Correlation (All Time) Calculated using the full available price history since Mar 13, 2019 | 0.80 |
The correlation between PR1E.DE and XESP.DE has been stable across timeframes, ranging from 0.76 to 0.80 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
PR1E.DE vs. XESP.DE — Risk / Return Rank
PR1E.DE
XESP.DE
PR1E.DE vs. XESP.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Amundi Prime Europe UCITS ETF DR (D) (PR1E.DE) and Xtrackers Spanish Equity UCITS ETF (XESP.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.
| PR1E.DE | XESP.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.79 | ||
| Sortino ratioReturn per unit of downside risk | -0.97 | ||
| Omega ratioGain probability vs. loss probability | 1.25 | 1.38 | -0.13 |
| Calmar ratioReturn relative to maximum drawdown | 1.81 | 3.51 | -1.69 |
| Martin ratioReturn relative to average drawdown | 6.80 | 12.31 | -5.51 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| PR1E.DE | XESP.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.32 | 2.12 | -0.79 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.68 | 1.12 | -0.44 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.62 | 0.55 | +0.07 |
Drawdowns
PR1E.DE vs. XESP.DE - Drawdown Comparison
The maximum PR1E.DE drawdown since its inception was -35.98%, smaller than the maximum XESP.DE drawdown of -39.02%. Use the drawdown chart below to compare losses from any high point for PR1E.DE and XESP.DE.
Loading charts...
Drawdown Indicators
| PR1E.DE | XESP.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -35.98% | -39.02% | +3.04% |
Max Drawdown (1Y)Largest decline over 1 year | -9.39% | -10.17% | +0.78% |
Max Drawdown (3Y)Largest decline over 3 years | -16.84% | -12.93% | -3.91% |
Max Drawdown (5Y)Largest decline over 5 years | -19.66% | -18.59% | -1.07% |
Current DrawdownCurrent decline from peak | -1.61% | -0.54% | -1.07% |
Average DrawdownAverage peak-to-trough decline | -4.90% | -7.37% | +2.47% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.51% | 2.91% | -0.40% |
Volatility
PR1E.DE vs. XESP.DE - Volatility Comparison
Amundi Prime Europe UCITS ETF DR (D) (PR1E.DE) and Xtrackers Spanish Equity UCITS ETF (XESP.DE) have volatilities of 4.33% and 4.48%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| PR1E.DE | XESP.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.33% | 4.48% | -0.15% |
Volatility (6M)Calculated over the trailing 6-month period | 10.60% | 14.04% | -3.44% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.88% | 16.86% | -3.98% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.48% | 16.68% | -2.20% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.68% | 18.78% | -2.10% |
PR1E.DE vs. XESP.DE - Expense Ratio Comparison
PR1E.DE has a 0.05% expense ratio, which is lower than XESP.DE's 0.30% expense ratio.
Dividends
PR1E.DE vs. XESP.DE - Dividend Comparison
PR1E.DE's dividend yield for the trailing twelve months is around 2.38%, while XESP.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
PR1E.DE Amundi Prime Europe UCITS ETF DR (D) | 2.38% | 2.56% | 2.87% | 2.91% | 3.15% | 2.25% | 2.17% | 2.73% |
XESP.DE Xtrackers Spanish Equity UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
PR1E.DE and XESP.DE have a correlation of 0.80, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, PR1E.DE is cheaper at 0.05% per year. The better choice depends on whether you care most about return, fees, risk, or income.
PR1E.DE is cheaper with a 0.05% expense ratio, compared with 0.30% for XESP.DE.
PR1E.DE tracks Solactive GBS Developed Markets Europe Large & Mid Cap, while XESP.DE tracks Solactive Spain 40. They also come from different issuers: Amundi and Xtrackers. Their fees differ too: 0.05% for PR1E.DE and 0.30% for XESP.DE.
Find the right allocation for PR1E.DE and XESP.DE
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer