PRAB.DE vs. EIB3.DE
PRAB.DE (Amundi Prime Euro Government Bonds 0-1Y UCITS ETF) and EIB3.DE (Invesco Euro Government Bond 1-3 Year UCITS ETF Dist) are both European Government Bonds funds - PRAB.DE tracks the Solactive Eurozone Government Bond 0-1 Year while EIB3.DE tracks the Bloomberg Euro Government Select 1-3. Both are passively managed. Over the past 5 years, PRAB.DE returned 1.70%/yr vs 0.66%/yr for EIB3.DE. At a 0.27 correlation, their price movements are largely independent. PRAB.DE charges 0.05%/yr vs 0.10%/yr for EIB3.DE.
Performance
PRAB.DE vs. EIB3.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, PRAB.DE achieves a 1.06% return, which is significantly higher than EIB3.DE's 0.14% return.
PRAB.DE
- 1D
- 0.00%
- 1M
- 0.17%
- 6M
- 0.87%
- YTD
- 1.06%
- 1Y
- 1.88%
- 3Y*
- 2.83%
- 5Y*
- 1.70%
- 10Y*
- —
EIB3.DE
- 1D
- -0.03%
- 1M
- -0.16%
- 6M
- -0.20%
- YTD
- 0.14%
- 1Y
- 0.76%
- 3Y*
- 2.68%
- 5Y*
- 0.66%
- 10Y*
- —
PRAB.DE vs. EIB3.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
PRAB.DE Amundi Prime Euro Government Bonds 0-1Y UCITS ETF | 1.06% | 2.18% | 3.56% | 2.85% | -0.81% | -0.57% | -0.07% |
EIB3.DE Invesco Euro Government Bond 1-3 Year UCITS ETF Dist | 0.14% | 2.28% | 3.03% | 3.41% | -4.93% | -0.78% | 0.00% |
Correlation
The correlation between PRAB.DE and EIB3.DE is 0.03, 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 (1Y) Calculated over the trailing 1-year period | 0.03 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.16 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.28 |
Correlation (All Time) Calculated using the full available price history since Oct 8, 2020 | 0.27 |
Over the past year, the correlation between PRAB.DE and EIB3.DE has dropped to 0.03 - well below their long-term average of 0.27, suggesting their price drivers have been diverging.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
PRAB.DE vs. EIB3.DE — Risk / Return Rank
PRAB.DE
EIB3.DE
PRAB.DE vs. EIB3.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Amundi Prime Euro Government Bonds 0-1Y UCITS ETF (PRAB.DE) and Invesco Euro Government Bond 1-3 Year UCITS ETF Dist (EIB3.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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| PRAB.DE | EIB3.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.65 | ||
| Sortino ratioReturn per unit of downside risk | +4.24 | ||
| Omega ratioGain probability vs. loss probability | 1.63 | 1.07 | +0.56 |
| Calmar ratioReturn relative to maximum drawdown | 10.59 | 0.53 | +10.06 |
| Martin ratioReturn relative to average drawdown | 49.70 | 1.83 | +47.86 |
Loading charts...
Drawdowns
PRAB.DE vs. EIB3.DE - Drawdown Comparison
The maximum PRAB.DE drawdown since its inception was -1.67%, smaller than the maximum EIB3.DE drawdown of -6.78%. Use the drawdown chart below to compare losses from any high point for PRAB.DE and EIB3.DE.
Loading charts...
Drawdown Indicators
| PRAB.DE | EIB3.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -1.67% | -6.78% | +5.11% |
Max Drawdown (1Y)Largest decline over 1 year | -0.18% | -1.43% | +1.25% |
Max Drawdown (3Y)Largest decline over 3 years | -0.18% | -1.43% | +1.25% |
Max Drawdown (5Y)Largest decline over 5 years | -1.29% | -5.91% | +4.62% |
Current DrawdownCurrent decline from peak | -0.03% | -0.39% | +0.36% |
Average DrawdownAverage peak-to-trough decline | -0.39% | -2.00% | +1.61% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.04% | 0.42% | -0.38% |
Volatility
PRAB.DE vs. EIB3.DE - Volatility Comparison
The current volatility for Amundi Prime Euro Government Bonds 0-1Y UCITS ETF (PRAB.DE) is 0.11%, while Invesco Euro Government Bond 1-3 Year UCITS ETF Dist (EIB3.DE) has a volatility of 0.71%. This indicates that PRAB.DE experiences smaller price fluctuations and is considered to be less risky than EIB3.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| PRAB.DE | EIB3.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.11% | 0.71% | -0.60% |
Volatility (6M)Calculated over the trailing 6-month period | 0.55% | 2.06% | -1.51% |
Volatility (1Y)Calculated over the trailing 1-year period | 0.63% | 2.39% | -1.76% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 0.55% | 1.93% | -1.38% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 0.53% | 1.73% | -1.20% |
PRAB.DE vs. EIB3.DE - Expense Ratio Comparison
PRAB.DE has a 0.05% expense ratio, which is lower than EIB3.DE's 0.10% 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
PRAB.DE vs. EIB3.DE - Dividend Comparison
PRAB.DE has not paid dividends to shareholders, while EIB3.DE's dividend yield for the trailing twelve months is around 2.34%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
EIB3.DE Invesco Euro Government Bond 1-3 Year UCITS ETF Dist | 2.34% | 2.51% | 2.80% | 2.24% | 0.23% |
PRAB.DE Amundi Prime Euro Government Bonds 0-1Y UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
PRAB.DE and EIB3.DE have a correlation of 0.03, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, PRAB.DE is cheaper at 0.05% per year. The better choice depends on whether you care most about return, fees, risk, or income.
PRAB.DE is cheaper with a 0.05% expense ratio, compared with 0.10% for EIB3.DE.
PRAB.DE tracks Solactive Eurozone Government Bond 0-1 Year, while EIB3.DE tracks Bloomberg Euro Government Select 1-3. They also come from different issuers: Amundi and Invesco. Their fees differ too: 0.05% for PRAB.DE and 0.10% for EIB3.DE.
Find the right allocation for PRAB.DE and EIB3.DE
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer