PR1G.DE vs. TRD1.DE
PR1G.DE (Amundi Prime Global Government Bond UCITS ETF (Dist)) and TRD1.DE (Invesco US Treasury Bond 0-1 Year UCITS ETF USD Dist) are both Government Bonds funds - PR1G.DE tracks the Solactive Global Developed Government Bond Index while TRD1.DE tracks the Bloomberg US Treasury Coupons Index. Both are passively managed. Over the past 5 years, PR1G.DE returned -2.46%/yr vs 4.03%/yr for TRD1.DE. At a 0.40 correlation, their price movements are largely independent. PR1G.DE charges 0.05%/yr vs 0.06%/yr for TRD1.DE.
Performance
PR1G.DE vs. TRD1.DE - Performance Comparison
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Returns By Period
In the year-to-date period, PR1G.DE achieves a 1.29% return, which is significantly lower than TRD1.DE's 4.56% return.
PR1G.DE
- 1D
- -0.12%
- 1M
- 1.11%
- 6M
- 1.61%
- YTD
- 1.29%
- 1Y
- 1.53%
- 3Y*
- 0.20%
- 5Y*
- -2.46%
- 10Y*
- —
TRD1.DE
- 1D
- 0.20%
- 1M
- 2.07%
- 6M
- 4.34%
- YTD
- 4.56%
- 1Y
- 6.79%
- 3Y*
- 2.97%
- 5Y*
- 4.03%
- 10Y*
- —
PR1G.DE vs. TRD1.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
PR1G.DE Amundi Prime Global Government Bond UCITS ETF (Dist) | 1.29% | -4.74% | 2.19% | 1.15% | -13.10% | 0.82% | -0.36% |
TRD1.DE Invesco US Treasury Bond 0-1 Year UCITS ETF USD Dist | 4.56% | -7.35% | 11.23% | 1.38% | 6.73% | 8.36% | -17.72% |
Correlation
The correlation between PR1G.DE and TRD1.DE is 0.39, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.39 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.38 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.41 |
Correlation (All Time) Calculated using the full available price history since Jan 21, 2020 | 0.40 |
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Return for Risk
PR1G.DE vs. TRD1.DE — Risk / Return Rank
PR1G.DE
TRD1.DE
PR1G.DE vs. TRD1.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Amundi Prime Global Government Bond UCITS ETF (Dist) (PR1G.DE) and Invesco US Treasury Bond 0-1 Year UCITS ETF USD Dist (TRD1.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.
| PR1G.DE | TRD1.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.69 | ||
| Sortino ratioReturn per unit of downside risk | -1.02 | ||
| Omega ratioGain probability vs. loss probability | 1.07 | 1.19 | -0.12 |
| Calmar ratioReturn relative to maximum drawdown | 0.53 | 1.83 | -1.29 |
| Martin ratioReturn relative to average drawdown | 1.11 | 4.77 | -3.66 |
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Drawdowns
PR1G.DE vs. TRD1.DE - Drawdown Comparison
The maximum PR1G.DE drawdown since its inception was -20.86%, which is greater than TRD1.DE's maximum drawdown of -17.81%. Use the drawdown chart below to compare losses from any high point for PR1G.DE and TRD1.DE.
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Drawdown Indicators
| PR1G.DE | TRD1.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -20.86% | -17.81% | -3.05% |
Max Drawdown (1Y)Largest decline over 1 year | -2.85% | -3.70% | +0.85% |
Max Drawdown (3Y)Largest decline over 3 years | -7.94% | -11.60% | +3.66% |
Max Drawdown (5Y)Largest decline over 5 years | -17.71% | -11.70% | -6.01% |
Current DrawdownCurrent decline from peak | -18.11% | -5.44% | -12.67% |
Average DrawdownAverage peak-to-trough decline | -11.45% | -8.30% | -3.15% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.38% | 1.42% | -0.04% |
Volatility
PR1G.DE vs. TRD1.DE - Volatility Comparison
The current volatility for Amundi Prime Global Government Bond UCITS ETF (Dist) (PR1G.DE) is 1.23%, while Invesco US Treasury Bond 0-1 Year UCITS ETF USD Dist (TRD1.DE) has a volatility of 1.79%. This indicates that PR1G.DE experiences smaller price fluctuations and is considered to be less risky than TRD1.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PR1G.DE | TRD1.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.23% | 1.79% | -0.56% |
Volatility (6M)Calculated over the trailing 6-month period | 3.01% | 4.67% | -1.66% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.06% | 6.32% | -2.26% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.47% | 7.48% | -1.01% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 6.11% | 8.11% | -2.00% |
PR1G.DE vs. TRD1.DE - Expense Ratio Comparison
PR1G.DE has a 0.05% expense ratio, which is lower than TRD1.DE's 0.06% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
PR1G.DE vs. TRD1.DE - Dividend Comparison
PR1G.DE's dividend yield for the trailing twelve months is around 2.92%, less than TRD1.DE's 3.86% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
PR1G.DE Amundi Prime Global Government Bond UCITS ETF (Dist) | 2.92% | 2.96% | 2.34% | 1.99% | 1.74% | 1.50% | 1.77% | 1.23% |
TRD1.DE Invesco US Treasury Bond 0-1 Year UCITS ETF USD Dist | 3.86% | 4.35% | 4.82% | 4.70% | 1.55% | 0.10% | 0.74% | 0.00% |
Frequently Asked Questions
PR1G.DE and TRD1.DE have a correlation of 0.39, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, PR1G.DE is cheaper at 0.05% per year. The better choice depends on whether you care most about return, fees, risk, or income.
PR1G.DE is cheaper with a 0.05% expense ratio, compared with 0.06% for TRD1.DE.
PR1G.DE tracks Solactive Global Developed Government Bond Index, while TRD1.DE tracks Bloomberg US Treasury Coupons Index. They also come from different issuers: Amundi and Invesco. Their fees differ too: 0.05% for PR1G.DE and 0.06% for TRD1.DE.
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