PR1H.DE vs. PJS1.DE

Last updated Jun 5, 2026

PR1H.DE (Amundi US Treasury Bond 0-1Y UCITS ETF EUR Hedged Acc) and PJS1.DE (PIMCO Euro Short Maturity UCITS ETF EUR Income) are both Short-Term Bond funds. Both are actively managed. Over the past 5 years, PR1H.DE returned 1.41%/yr vs 1.84%/yr for PJS1.DE. At a 0.15 correlation, their price movements are largely independent. PR1H.DE charges 0.07%/yr vs 0.35%/yr for PJS1.DE.

Performance

PR1H.DE vs. PJS1.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Amundi US Treasury Bond 0-1Y UCITS ETF EUR Hedged Acc (PR1H.DE) and PIMCO Euro Short Maturity UCITS ETF EUR Income (PJS1.DE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, PR1H.DE achieves a 0.69% return, which is significantly lower than PJS1.DE's 0.82% 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*: —

PJS1.DE

• 1D: 0.01%
• 1M: 0.23%
• YTD: 0.82%
• 6M: 0.99%
• 1Y: 2.29%
• 3Y*: 3.54%
• 5Y*: 1.84%
• 10Y*: 0.69%

*Multi-year figures are annualized to reflect compound growth (CAGR)

PR1H.DE vs. PJS1.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
PR1H.DE Amundi US Treasury Bond 0-1Y UCITS ETF EUR Hedged Acc	0.69%	2.08%	3.47%	2.78%	-1.36%	-0.93%	-0.18%
PJS1.DE PIMCO Euro Short Maturity UCITS ETF EUR Income	0.82%	2.87%	4.36%	3.98%	-2.27%	-0.59%	0.00%

Correlation

The correlation between PR1H.DE and PJS1.DE is 0.07, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.07
Correlation (3Y) Calculated over the trailing 3-year period	0.02
Correlation (5Y) Calculated over the trailing 5-year period	0.16
Correlation (All Time) Calculated using the full available price history since Aug 5, 2020	0.15

The correlation between PR1H.DE and PJS1.DE shifts across timeframes, from 0.02 (3 years) to 0.16 (5 years), reflecting how their relationship changes across market environments.

Return for Risk

PR1H.DE vs. PJS1.DE — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

PR1H.DE

PR1H.DE Risk / Return Rank: 97
PR1H.DE Sharpe Ratio Rank: 95
PR1H.DE Sortino Ratio Rank: 97
PR1H.DE Omega Ratio Rank: 97
PR1H.DE Calmar Ratio Rank: 98
PR1H.DE Martin Ratio Rank: 98

PJS1.DE

PJS1.DE Risk / Return Rank: 96
PJS1.DE Sharpe Ratio Rank: 97
PJS1.DE Sortino Ratio Rank: 98
PJS1.DE Omega Ratio Rank: 98
PJS1.DE Calmar Ratio Rank: 93
PJS1.DE Martin Ratio Rank: 95

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

PR1H.DE vs. PJS1.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 PIMCO Euro Short Maturity UCITS ETF EUR Income (PJS1.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	PJS1.DE	Difference
Sharpe ratio: Return per unit of total volatility	3.83	4.59	-0.76
Sortino ratio: Return per unit of downside risk	5.97	8.13	-2.15
Omega ratio: Gain probability vs. loss probability	1.86	2.14	-0.27
Calmar ratio: Return relative to maximum drawdown	14.80	6.35	+8.44
Martin ratio: Return relative to average drawdown	68.95	29.19	+39.76
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

PR1H.DE vs. PJS1.DE - Sharpe Ratio Comparison

The current PR1H.DE Sharpe Ratio is 3.83, which is comparable to the PJS1.DE Sharpe Ratio of 4.59. The chart below compares the historical Sharpe Ratios of PR1H.DE and PJS1.DE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	PR1H.DE	PJS1.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.83	4.59	-0.76
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	1.56	3.05	-1.50
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	1.06	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.24	0.82	+0.42

Drawdowns

PR1H.DE vs. PJS1.DE - Drawdown Comparison

The maximum PR1H.DE drawdown since its inception was -2.84%, smaller than the maximum PJS1.DE drawdown of -5.79%. Use the drawdown chart below to compare losses from any high point for PR1H.DE and PJS1.DE.

Drawdown Indicators

	PR1H.DE	PJS1.DE	Difference
Max Drawdown Largest peak-to-trough decline	-2.84%	-5.79%	+2.95%
Max Drawdown (1Y) Largest decline over 1 year	-0.12%	-0.36%	+0.24%
Max Drawdown (3Y) Largest decline over 3 years	-0.26%	-0.36%	+0.10%
Max Drawdown (5Y) Largest decline over 5 years	-2.22%	-3.42%	+1.20%
Max Drawdown (10Y) Largest decline over 10 years	—	-5.57%	—
Current Drawdown Current decline from peak	-0.01%	-0.01%	0.00%
Average Drawdown Average peak-to-trough decline	-0.76%	-1.16%	+0.40%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.03%	0.08%	-0.05%

Volatility

PR1H.DE vs. PJS1.DE - Volatility Comparison

Amundi US Treasury Bond 0-1Y UCITS ETF EUR Hedged Acc (PR1H.DE) has a higher volatility of 0.20% compared to PIMCO Euro Short Maturity UCITS ETF EUR Income (PJS1.DE) at 0.13%. This indicates that PR1H.DE's price experiences larger fluctuations and is considered to be riskier than PJS1.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PR1H.DE	PJS1.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.20%	0.13%	+0.07%
Volatility (6M) Calculated over the trailing 6-month period	0.35%	0.42%	-0.07%
Volatility (1Y) Calculated over the trailing 1-year period	0.45%	0.50%	-0.05%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	0.90%	0.60%	+0.30%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	0.89%	0.65%	+0.24%

PR1H.DE vs. PJS1.DE - Expense Ratio Comparison

PR1H.DE has a 0.07% expense ratio, which is lower than PJS1.DE's 0.35% expense ratio.

Dividends

PR1H.DE vs. PJS1.DE - Dividend Comparison

PR1H.DE has not paid dividends to shareholders, while PJS1.DE's dividend yield for the trailing twelve months is around 2.91%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
PJS1.DE PIMCO Euro Short Maturity UCITS ETF EUR Income	2.91%	3.11%	3.58%	2.90%	0.32%	0.00%	0.00%	0.00%	0.00%	0.02%	0.05%	0.19%
PR1H.DE Amundi US Treasury Bond 0-1Y UCITS ETF EUR Hedged Acc	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both PR1H.DE and PJS1.DE in my portfolio?

PR1H.DE and PJS1.DE have a correlation of 0.07, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, PR1H.DE or PJS1.DE?

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.

Which ETF is cheaper, PR1H.DE or PJS1.DE?

PR1H.DE is cheaper with a 0.07% expense ratio, compared with 0.35% for PJS1.DE.

What is the main difference between PR1H.DE and PJS1.DE?

They also come from different issuers: Amundi and PIMCO. Their fees differ too: 0.07% for PR1H.DE and 0.35% for PJS1.DE.