PR1R.DE vs. PRAR.DE
Compare and contrast key facts about Amundi Prime Euro Govies UCITS ETF DR (D) (PR1R.DE) and Amundi Prime Euro Govies UCITS ETF (PRAR.DE).
PR1R.DE and PRAR.DE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. PR1R.DE is a passively managed fund by Amundi that tracks the performance of the Solactive Eurozone Government Bond. It was launched on Feb 5, 2019. PRAR.DE is a passively managed fund by Amundi that tracks the performance of the Solactive Eurozone Government Bond. It was launched on Jan 15, 2020. Both PR1R.DE and PRAR.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: PR1R.DE or PRAR.DE.
Key characteristics
| PR1R.DE | PRAR.DE | |
|---|---|---|
| YTD Return | 1.22% | 1.18% |
| 1Y Return | 7.94% | 7.94% |
| 3Y Return (Ann) | -4.26% | -4.27% |
| Sharpe Ratio | 1.42 | 1.42 |
| Daily Std Dev | 5.57% | 5.57% |
| Max Drawdown | -22.33% | -22.34% |
| Current Drawdown | -14.78% | -14.76% |
Correlation
The correlation between PR1R.DE and PRAR.DE is 0.98, 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
PR1R.DE vs. PRAR.DE - Performance Comparison
The year-to-date returns for both stocks are quite close, with PR1R.DE having a 1.22% return and PRAR.DE slightly lower at 1.18%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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PR1R.DE vs. PRAR.DE - Expense Ratio Comparison
Both PR1R.DE and PRAR.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
PR1R.DE vs. PRAR.DE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Amundi Prime Euro Govies UCITS ETF DR (D) (PR1R.DE) and Amundi Prime Euro Govies UCITS ETF (PRAR.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
PR1R.DE vs. PRAR.DE - Dividend Comparison
PR1R.DE's dividend yield for the trailing twelve months is around 1.88%, while PRAR.DE has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|
PR1R.DE Amundi Prime Euro Govies UCITS ETF DR (D) | 1.88% | 1.90% | 1.87% | 1.55% | 1.66% | 1.05% |
PRAR.DE Amundi Prime Euro Govies UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
PR1R.DE vs. PRAR.DE - Drawdown Comparison
The maximum PR1R.DE drawdown since its inception was -22.33%, roughly equal to the maximum PRAR.DE drawdown of -22.34%. Use the drawdown chart below to compare losses from any high point for PR1R.DE and PRAR.DE. For additional features, visit the drawdowns tool.
Volatility
PR1R.DE vs. PRAR.DE - Volatility Comparison
Amundi Prime Euro Govies UCITS ETF DR (D) (PR1R.DE) and Amundi Prime Euro Govies UCITS ETF (PRAR.DE) have volatilities of 2.01% and 2.00%, 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.