PR1R.DE vs. XGLE.DE
PR1R.DE (Amundi Prime Euro Govies UCITS ETF DR (D)) and XGLE.DE (Xtrackers II Eurozone Government Bond UCITS ETF) are both European Government Bonds funds - PR1R.DE tracks the Solactive Eurozone Government Bond while XGLE.DE tracks the iBoxx® EUR Sovereigns Eurozone. Both are passively managed. Over the past 5 years, PR1R.DE returned -2.24%/yr vs -2.30%/yr for XGLE.DE. Their correlation of 0.93 suggests significant overlap in exposure. PR1R.DE charges 0.05%/yr vs 0.09%/yr for XGLE.DE.
Performance
PR1R.DE vs. XGLE.DE - Performance Comparison
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Returns By Period
In the year-to-date period, PR1R.DE achieves a 0.09% return, which is significantly higher than XGLE.DE's 0.07% return.
PR1R.DE
- 1D
- 0.06%
- 1M
- 0.58%
- YTD
- 0.09%
- 6M
- 0.01%
- 1Y
- -0.11%
- 3Y*
- 2.33%
- 5Y*
- -2.24%
- 10Y*
- —
XGLE.DE
- 1D
- 0.04%
- 1M
- 0.56%
- YTD
- 0.07%
- 6M
- 0.02%
- 1Y
- -0.07%
- 3Y*
- 2.36%
- 5Y*
- -2.30%
- 10Y*
- -0.35%
PR1R.DE vs. XGLE.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
PR1R.DE Amundi Prime Euro Govies UCITS ETF DR (D) | 0.09% | 0.65% | 1.46% | 6.92% | -18.25% | -3.24% | 4.70% | 6.23% |
XGLE.DE Xtrackers II Eurozone Government Bond UCITS ETF | 0.07% | 0.67% | 1.55% | 6.76% | -18.18% | -3.62% | 4.64% | 6.01% |
Correlation
The correlation between PR1R.DE and XGLE.DE is 0.96 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.96 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.96 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.98 |
Correlation (All Time) Calculated using the full available price history since Feb 6, 2019 | 0.93 |
The correlation between PR1R.DE and XGLE.DE has been stable across timeframes, ranging from 0.93 to 0.98 - a consistent structural relationship.
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Return for Risk
PR1R.DE vs. XGLE.DE — Risk / Return Rank
PR1R.DE
XGLE.DE
PR1R.DE vs. XGLE.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Amundi Prime Euro Govies UCITS ETF DR (D) (PR1R.DE) and Xtrackers II Eurozone Government Bond UCITS ETF (XGLE.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.
| PR1R.DE | XGLE.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.01 | ||
| Sortino ratioReturn per unit of downside risk | -0.01 | ||
| Omega ratioGain probability vs. loss probability | 1.00 | 1.00 | 0.00 |
| Calmar ratioReturn relative to maximum drawdown | -0.03 | -0.02 | -0.01 |
| Martin ratioReturn relative to average drawdown | -0.08 | -0.05 | -0.03 |
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
| PR1R.DE | XGLE.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.02 | -0.02 | -0.01 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.35 | -0.36 | +0.01 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | -0.06 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.09 | 0.47 | -0.56 |
Drawdowns
PR1R.DE vs. XGLE.DE - Drawdown Comparison
The maximum PR1R.DE drawdown since its inception was -22.33%, roughly equal to the maximum XGLE.DE drawdown of -22.59%. Use the drawdown chart below to compare losses from any high point for PR1R.DE and XGLE.DE.
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Drawdown Indicators
| PR1R.DE | XGLE.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -22.33% | -22.59% | +0.26% |
Max Drawdown (1Y)Largest decline over 1 year | -3.38% | -3.47% | +0.09% |
Max Drawdown (3Y)Largest decline over 3 years | -4.09% | -4.02% | -0.07% |
Max Drawdown (5Y)Largest decline over 5 years | -21.46% | -21.71% | +0.25% |
Max Drawdown (10Y)Largest decline over 10 years | — | -22.59% | — |
Current DrawdownCurrent decline from peak | -13.94% | -14.18% | +0.24% |
Average DrawdownAverage peak-to-trough decline | -10.28% | -5.22% | -5.06% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.35% | 1.38% | -0.03% |
Volatility
PR1R.DE vs. XGLE.DE - Volatility Comparison
Amundi Prime Euro Govies UCITS ETF DR (D) (PR1R.DE) and Xtrackers II Eurozone Government Bond UCITS ETF (XGLE.DE) have volatilities of 1.78% and 1.78%, 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.
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Volatility by Period
| PR1R.DE | XGLE.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.78% | 1.78% | 0.00% |
Volatility (6M)Calculated over the trailing 6-month period | 3.64% | 3.66% | -0.02% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.38% | 4.37% | +0.01% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.34% | 6.31% | +0.03% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.92% | 5.61% | +0.31% |
PR1R.DE vs. XGLE.DE - Expense Ratio Comparison
PR1R.DE has a 0.05% expense ratio, which is lower than XGLE.DE's 0.09% 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
PR1R.DE vs. XGLE.DE - Dividend Comparison
PR1R.DE's dividend yield for the trailing twelve months is around 2.72%, while XGLE.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
PR1R.DE Amundi Prime Euro Govies UCITS ETF DR (D) | 2.72% | 2.72% | 2.08% | 1.90% | 1.87% | 1.55% | 1.66% | 1.05% |
XGLE.DE Xtrackers II Eurozone Government Bond UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
With a correlation of 0.96, PR1R.DE and XGLE.DE move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
On fees, PR1R.DE is cheaper at 0.05% per year. The better choice depends on whether you care most about return, fees, risk, or income.
PR1R.DE is cheaper with a 0.05% expense ratio, compared with 0.09% for XGLE.DE.
PR1R.DE tracks Solactive Eurozone Government Bond, while XGLE.DE tracks iBoxx® EUR Sovereigns Eurozone. They also come from different issuers: Amundi and Xtrackers. Their fees differ too: 0.05% for PR1R.DE and 0.09% for XGLE.DE.
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