PR1P.DE vs. PRAP.DE
Compare and contrast key facts about Amundi Prime US Corporates UCITS ETF DR (D) (PR1P.DE) and Amundi Prime US Corporates UCITS ETF (PRAP.DE).
PR1P.DE and PRAP.DE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. PR1P.DE is a passively managed fund by Amundi that tracks the performance of the Solactive USD Investment Grade Corporate. It was launched on Sep 10, 2019. PRAP.DE is a passively managed fund by Amundi Luxembourg S.A. that tracks the performance of the Solactive USD Investment Grade Corporate. It was launched on Jan 15, 2020. Both PR1P.DE and PRAP.DE are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PR1P.DE or PRAP.DE.
Correlation
The correlation between PR1P.DE and PRAP.DE is 0.84, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
PR1P.DE vs. PRAP.DE - Performance Comparison
Key characteristics
PR1P.DE:
1.27
PRAP.DE:
1.26
PR1P.DE:
2.02
PRAP.DE:
2.01
PR1P.DE:
1.24
PRAP.DE:
1.24
PR1P.DE:
1.04
PRAP.DE:
0.70
PR1P.DE:
7.64
PRAP.DE:
7.87
PR1P.DE:
1.09%
PRAP.DE:
1.06%
PR1P.DE:
6.53%
PRAP.DE:
6.60%
PR1P.DE:
-14.46%
PRAP.DE:
-17.18%
PR1P.DE:
-0.73%
PRAP.DE:
-3.25%
Returns By Period
The year-to-date returns for both stocks are quite close, with PR1P.DE having a 1.62% return and PRAP.DE slightly lower at 1.61%.
PR1P.DE
1.62%
0.33%
5.53%
8.71%
0.66%
N/A
PRAP.DE
1.61%
0.30%
5.49%
8.77%
0.92%
N/A
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PR1P.DE vs. PRAP.DE - Expense Ratio Comparison
Both PR1P.DE and PRAP.DE have an expense ratio of 0.05%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Risk-Adjusted Performance
PR1P.DE vs. PRAP.DE — Risk-Adjusted Performance Rank
PR1P.DE
PRAP.DE
PR1P.DE vs. PRAP.DE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Amundi Prime US Corporates UCITS ETF DR (D) (PR1P.DE) and Amundi Prime US Corporates UCITS ETF (PRAP.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.
Dividends
PR1P.DE vs. PRAP.DE - Dividend Comparison
PR1P.DE's dividend yield for the trailing twelve months is around 4.28%, while PRAP.DE has not paid dividends to shareholders.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
PR1P.DE Amundi Prime US Corporates UCITS ETF DR (D) | 4.28% | 4.35% | 4.15% | 4.21% | 3.32% | 3.35% |
PRAP.DE Amundi Prime US Corporates UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
PR1P.DE vs. PRAP.DE - Drawdown Comparison
The maximum PR1P.DE drawdown since its inception was -14.46%, smaller than the maximum PRAP.DE drawdown of -17.18%. Use the drawdown chart below to compare losses from any high point for PR1P.DE and PRAP.DE. For additional features, visit the drawdowns tool.
Volatility
PR1P.DE vs. PRAP.DE - Volatility Comparison
Amundi Prime US Corporates UCITS ETF DR (D) (PR1P.DE) and Amundi Prime US Corporates UCITS ETF (PRAP.DE) have volatilities of 1.84% and 1.90%, 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.