PR1T.L vs. MWRD.L

Last updated Jun 5, 2026

PR1T.L (Amundi Prime US Treasury Bond 0-1 Y UCITS ETF DR USD (C)) and MWRD.L (Amundi Index MSCI World) are both exchange-traded funds - PR1T.L is a Government Bonds fund tracking the Solactive US Treasury 0-1 Year Bond Index, while MWRD.L is a Global Equities fund tracking the MSCI ACWI NR USD. Both are passively managed. At a correlation of -0.06, they often move in opposite directions. PR1T.L charges 0.05%/yr vs 0.08%/yr for MWRD.L.

Performance

PR1T.L vs. MWRD.L - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Amundi Prime US Treasury Bond 0-1 Y UCITS ETF DR USD (C) (PR1T.L) and Amundi Index MSCI World (MWRD.L). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

PR1T.L is traded in USD, while MWRD.L is traded in GBp. To make them comparable, the MWRD.L values have been converted to USD using the latest available exchange rates.

Returns By Period

PR1T.L

• 1D: 0.06%
• 1M: 0.28%
• YTD: 1.46%
• 6M: 1.75%
• 1Y: 3.94%
• 3Y*: 4.66%
• 5Y*: 3.24%
• 10Y*: —

MWRD.L

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

PR1T.L vs. MWRD.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
PR1T.L Amundi Prime US Treasury Bond 0-1 Y UCITS ETF DR USD (C)	1.46%	4.22%	5.20%	4.83%	0.61%	0.09%	-0.07%
MWRD.L Amundi Index MSCI World	0.00%	0.00%	-1.64%	23.69%	-18.69%	22.97%	15.81%

Correlation

The correlation between PR1T.L and MWRD.L is -0.06, 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 (3Y) Calculated over the trailing 3-year period	0.04
Correlation (5Y) Calculated over the trailing 5-year period	-0.02
Correlation (All Time) Calculated using the full available price history since Sep 23, 2020	-0.06

Return for Risk

PR1T.L vs. MWRD.L — Risk / Return Rank

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

PR1T.L

PR1T.L Risk / Return Rank: 100
PR1T.L Sharpe Ratio Rank: 100
PR1T.L Sortino Ratio Rank: 100
PR1T.L Omega Ratio Rank: 100
PR1T.L Calmar Ratio Rank: 100
PR1T.L Martin Ratio Rank: 100

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.

PR1T.L vs. MWRD.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Amundi Prime US Treasury Bond 0-1 Y UCITS ETF DR USD (C) (PR1T.L) and Amundi Index MSCI World (MWRD.L). 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.

	PR1T.L	MWRD.L	Difference
Sharpe ratio: Return per unit of total volatility	12.95	—	—
Sortino ratio: Return per unit of downside risk	36.41	—	—
Omega ratio: Gain probability vs. loss probability	9.54	—	—
Calmar ratio: Return relative to maximum drawdown	68.61	—	—
Martin ratio: Return relative to average drawdown	521.85	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	PR1T.L	MWRD.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	12.95	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	8.38	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	7.41	—	—

Drawdowns

Drawdown Indicators

	PR1T.L	MWRD.L	Difference
Max Drawdown Largest peak-to-trough decline	-0.56%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-0.06%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-0.06%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-0.56%	—	—
Current Drawdown Current decline from peak	0.00%	—	—
Average Drawdown Average peak-to-trough decline	-0.05%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	0.01%	—	—

Volatility

Volatility by Period

	PR1T.L	MWRD.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.09%	—	—
Volatility (6M) Calculated over the trailing 6-month period	0.21%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	0.30%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	0.39%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	0.38%	—	—

PR1T.L vs. MWRD.L - Expense Ratio Comparison

PR1T.L has a 0.05% expense ratio, which is lower than MWRD.L's 0.08% 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

PR1T.L vs. MWRD.L - Dividend Comparison

Neither PR1T.L nor MWRD.L has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both PR1T.L and MWRD.L in my portfolio?

PR1T.L and MWRD.L have a correlation of -0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, PR1T.L or MWRD.L?

On fees, PR1T.L is cheaper at 0.05% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, PR1T.L or MWRD.L?

PR1T.L is cheaper with a 0.05% expense ratio, compared with 0.08% for MWRD.L.

What is the main difference between PR1T.L and MWRD.L?

PR1T.L is categorized as Government Bonds, while MWRD.L is Global Equities. PR1T.L tracks Solactive US Treasury 0-1 Year Bond Index, while MWRD.L tracks MSCI ACWI NR USD. Their fees differ too: 0.05% for PR1T.L and 0.08% for MWRD.L.