PR1H.DE vs. PPFB.DE
PR1H.DE (Amundi US Treasury Bond 0-1Y UCITS ETF EUR Hedged Acc) and PPFB.DE (iShares Physical Gold ETC) are both exchange-traded funds - PR1H.DE is a Short-Term Bond fund actively managed by Amundi, while PPFB.DE is a Precious Metals fund tracking the Gold. PR1H.DE is actively managed, while PPFB.DE is passively managed. Over the past 3 years, PR1H.DE returned 2.76%/yr vs 28.05%/yr for PPFB.DE. At a 0.13 correlation, their price movements are largely independent. PR1H.DE charges 0.07%/yr vs 0.12%/yr for PPFB.DE.
Performance
PR1H.DE vs. PPFB.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 PPFB.DE's 2.74% 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*
- —
PPFB.DE
- 1D
- 0.61%
- 1M
- -3.62%
- YTD
- 2.74%
- 6M
- 6.18%
- 1Y
- 31.16%
- 3Y*
- 28.05%
- 5Y*
- —
- 10Y*
- —
PR1H.DE vs. PPFB.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
PR1H.DE Amundi US Treasury Bond 0-1Y UCITS ETF EUR Hedged Acc | 0.69% | 2.08% | 3.47% | 2.78% | -1.36% | -0.44% |
PPFB.DE iShares Physical Gold ETC | 2.74% | 49.11% | 34.17% | 9.42% | 7.03% | 3.62% |
Correlation
The correlation between PR1H.DE and PPFB.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 | 0.06 |
Correlation (All Time) Calculated using the full available price history since Jul 19, 2021 | 0.13 |
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Return for Risk
PR1H.DE vs. PPFB.DE — Risk / Return Rank
PR1H.DE
PPFB.DE
PR1H.DE vs. PPFB.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 iShares Physical Gold ETC (PPFB.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 | PPFB.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.53 | ||
| Sortino ratioReturn per unit of downside risk | +4.22 | ||
| Omega ratioGain probability vs. loss probability | 1.86 | 1.26 | +0.61 |
| Calmar ratioReturn relative to maximum drawdown | 14.80 | 1.81 | +12.99 |
| Martin ratioReturn relative to average drawdown | 68.95 | 4.60 | +64.35 |
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 | PPFB.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 3.83 | 1.30 | +2.53 |
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 | 1.26 | -0.03 |
Drawdowns
PR1H.DE vs. PPFB.DE - Drawdown Comparison
The maximum PR1H.DE drawdown since its inception was -2.84%, smaller than the maximum PPFB.DE drawdown of -16.60%. Use the drawdown chart below to compare losses from any high point for PR1H.DE and PPFB.DE.
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Drawdown Indicators
| PR1H.DE | PPFB.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -2.84% | -16.60% | +13.76% |
Max Drawdown (1Y)Largest decline over 1 year | -0.12% | -16.60% | +16.48% |
Max Drawdown (3Y)Largest decline over 3 years | -0.26% | -16.60% | +16.34% |
Max Drawdown (5Y)Largest decline over 5 years | -2.22% | — | — |
Current DrawdownCurrent decline from peak | -0.01% | -15.00% | +14.99% |
Average DrawdownAverage peak-to-trough decline | -0.76% | -4.40% | +3.64% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.03% | 6.55% | -6.52% |
Volatility
PR1H.DE vs. PPFB.DE - Volatility Comparison
The current volatility for Amundi US Treasury Bond 0-1Y UCITS ETF EUR Hedged Acc (PR1H.DE) is 0.20%, while iShares Physical Gold ETC (PPFB.DE) has a volatility of 5.11%. This indicates that PR1H.DE experiences smaller price fluctuations and is considered to be less risky than PPFB.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 | PPFB.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.20% | 5.11% | -4.91% |
Volatility (6M)Calculated over the trailing 6-month period | 0.35% | 20.18% | -19.83% |
Volatility (1Y)Calculated over the trailing 1-year period | 0.45% | 23.12% | -22.67% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 0.90% | 16.13% | -15.23% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 0.89% | 16.13% | -15.24% |
PR1H.DE vs. PPFB.DE - Expense Ratio Comparison
PR1H.DE has a 0.07% expense ratio, which is lower than PPFB.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. PPFB.DE - Dividend Comparison
Neither PR1H.DE nor PPFB.DE has paid dividends to shareholders.
Frequently Asked Questions
PR1H.DE and PPFB.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 PPFB.DE.
PR1H.DE is categorized as Short-Term Bond, while PPFB.DE is Precious Metals. They also come from different issuers: Amundi and iShares. Their fees differ too: 0.07% for PR1H.DE and 0.12% for PPFB.DE.
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