PR1H.DE vs. MWOE.DE
PR1H.DE (Amundi US Treasury Bond 0-1Y UCITS ETF EUR Hedged Acc) and MWOE.DE (Amundi MSCI World UCITS ETF - USD Dist) are both exchange-traded funds - PR1H.DE is a Short-Term Bond fund actively managed by Amundi, while MWOE.DE is a Global Equities fund tracking the MSCI World. PR1H.DE is actively managed, while MWOE.DE is passively managed. Over the past 3 years, PR1H.DE returned 2.76%/yr vs 17.43%/yr for MWOE.DE. At a 0.03 correlation, their price movements are largely independent. PR1H.DE charges 0.07%/yr vs 0.12%/yr for MWOE.DE.
Performance
PR1H.DE vs. MWOE.DE - Performance Comparison
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Returns By Period
In the year-to-date period, PR1H.DE achieves a 0.69% return, which is significantly lower than MWOE.DE's 10.64% return.
PR1H.DE
- 1D
- -0.01%
- 1M
- 0.13%
- YTD
- 0.69%
- 6M
- 0.84%
- 1Y
- 1.74%
- 3Y*
- 2.76%
- 5Y*
- 1.41%
- 10Y*
- —
MWOE.DE
- 1D
- -0.02%
- 1M
- 4.82%
- YTD
- 10.64%
- 6M
- 11.12%
- 1Y
- 23.65%
- 3Y*
- 17.43%
- 5Y*
- —
- 10Y*
- —
PR1H.DE vs. MWOE.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
PR1H.DE Amundi US Treasury Bond 0-1Y UCITS ETF EUR Hedged Acc | 0.69% | 2.08% | 3.47% | 2.78% | -0.31% |
MWOE.DE Amundi MSCI World UCITS ETF - USD Dist | 10.64% | 7.87% | 25.72% | 19.87% | 0.54% |
Correlation
The correlation between PR1H.DE and MWOE.DE is 0.13, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.13 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.04 |
Correlation (All Time) Calculated using the full available price history since Jul 6, 2022 | 0.03 |
The correlation between PR1H.DE and MWOE.DE shifts across timeframes, from 0.03 (all time) to 0.13 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
PR1H.DE vs. MWOE.DE — Risk / Return Rank
PR1H.DE
MWOE.DE
PR1H.DE vs. MWOE.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Amundi US Treasury Bond 0-1Y UCITS ETF EUR Hedged Acc (PR1H.DE) and Amundi MSCI World UCITS ETF - USD Dist (MWOE.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.
| PR1H.DE | MWOE.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.70 | ||
| Sortino ratioReturn per unit of downside risk | +3.00 | ||
| Omega ratioGain probability vs. loss probability | 1.86 | 1.40 | +0.46 |
| Calmar ratioReturn relative to maximum drawdown | 14.80 | 3.49 | +11.30 |
| Martin ratioReturn relative to average drawdown | 68.95 | 13.79 | +55.16 |
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
| PR1H.DE | MWOE.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 3.83 | 2.12 | +1.70 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.56 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.24 | 1.21 | +0.03 |
Drawdowns
PR1H.DE vs. MWOE.DE - Drawdown Comparison
The maximum PR1H.DE drawdown since its inception was -2.84%, smaller than the maximum MWOE.DE drawdown of -21.83%. Use the drawdown chart below to compare losses from any high point for PR1H.DE and MWOE.DE.
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Drawdown Indicators
| PR1H.DE | MWOE.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -2.84% | -21.83% | +18.99% |
Max Drawdown (1Y)Largest decline over 1 year | -0.12% | -6.74% | +6.62% |
Max Drawdown (3Y)Largest decline over 3 years | -0.26% | -21.83% | +21.57% |
Max Drawdown (5Y)Largest decline over 5 years | -2.22% | — | — |
Current DrawdownCurrent decline from peak | -0.01% | -0.33% | +0.32% |
Average DrawdownAverage peak-to-trough decline | -0.76% | -3.61% | +2.85% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.03% | 1.71% | -1.68% |
Volatility
PR1H.DE vs. MWOE.DE - Volatility Comparison
The current volatility for Amundi US Treasury Bond 0-1Y UCITS ETF EUR Hedged Acc (PR1H.DE) is 0.20%, while Amundi MSCI World UCITS ETF - USD Dist (MWOE.DE) has a volatility of 2.63%. This indicates that PR1H.DE experiences smaller price fluctuations and is considered to be less risky than MWOE.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PR1H.DE | MWOE.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.20% | 2.63% | -2.43% |
Volatility (6M)Calculated over the trailing 6-month period | 0.35% | 7.67% | -7.32% |
Volatility (1Y)Calculated over the trailing 1-year period | 0.45% | 11.08% | -10.63% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 0.90% | 13.41% | -12.51% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 0.89% | 13.41% | -12.52% |
PR1H.DE vs. MWOE.DE - Expense Ratio Comparison
PR1H.DE has a 0.07% expense ratio, which is lower than MWOE.DE's 0.12% 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
PR1H.DE vs. MWOE.DE - Dividend Comparison
PR1H.DE has not paid dividends to shareholders, while MWOE.DE's dividend yield for the trailing twelve months is around 0.95%.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
MWOE.DE Amundi MSCI World UCITS ETF - USD Dist | 0.95% | 1.33% | 1.20% | 0.58% |
PR1H.DE Amundi US Treasury Bond 0-1Y UCITS ETF EUR Hedged Acc | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
PR1H.DE and MWOE.DE have a correlation of 0.13, 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 MWOE.DE.
PR1H.DE is categorized as Short-Term Bond, while MWOE.DE is Global Equities. Their fees differ too: 0.07% for PR1H.DE and 0.12% for MWOE.DE.
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