PRAB.DE vs. FRNE.DE
PRAB.DE (Amundi Prime Euro Government Bonds 0-1Y UCITS ETF) and FRNE.DE (Amundi EUR Floating Rate Corporate Bond ESG UCITS ETF) are both exchange-traded funds - PRAB.DE is a European Government Bonds fund tracking the Solactive Eurozone Government Bond 0-1 Year, while FRNE.DE is a Corporate Bonds fund tracking the iBoxx MSCI ESG EUR FRN Investment Grade Corporates TCA Index. Both are passively managed. Over the past 3 years, PRAB.DE returned 2.84%/yr vs 3.51%/yr for FRNE.DE. At a 0.09 correlation, their price movements are largely independent. PRAB.DE charges 0.05%/yr vs 0.18%/yr for FRNE.DE.
Performance
PRAB.DE vs. FRNE.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, PRAB.DE achieves a 0.87% return, which is significantly lower than FRNE.DE's 1.04% return.
PRAB.DE
- 1D
- 0.06%
- 1M
- 0.23%
- YTD
- 0.87%
- 6M
- 0.92%
- 1Y
- 1.89%
- 3Y*
- 2.84%
- 5Y*
- 1.66%
- 10Y*
- —
FRNE.DE
- 1D
- 0.04%
- 1M
- 0.40%
- YTD
- 1.04%
- 6M
- 1.14%
- 1Y
- 2.67%
- 3Y*
- 3.51%
- 5Y*
- —
- 10Y*
- —
PRAB.DE vs. FRNE.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
PRAB.DE Amundi Prime Euro Government Bonds 0-1Y UCITS ETF | 0.87% | 2.18% | 3.56% | 2.85% | -0.79% | -0.19% |
FRNE.DE Amundi EUR Floating Rate Corporate Bond ESG UCITS ETF | 1.04% | 2.63% | 4.47% | 3.62% | -0.49% | -0.20% |
Correlation
The correlation between PRAB.DE and FRNE.DE is 0.20, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.20 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.06 |
Correlation (All Time) Calculated using the full available price history since Oct 11, 2021 | 0.09 |
The correlation between PRAB.DE and FRNE.DE shifts across timeframes, from 0.06 (3 years) to 0.20 (1 year), reflecting how their relationship changes across market environments.
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. FRNE.DE — Risk / Return Rank
PRAB.DE
FRNE.DE
PRAB.DE vs. FRNE.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 Amundi EUR Floating Rate Corporate Bond ESG UCITS ETF (FRNE.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.
| PRAB.DE | FRNE.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.78 | ||
| Sortino ratioReturn per unit of downside risk | +1.48 | ||
| Omega ratioGain probability vs. loss probability | 1.67 | 1.52 | +0.15 |
| Calmar ratioReturn relative to maximum drawdown | 10.66 | 8.32 | +2.34 |
| Martin ratioReturn relative to average drawdown | 51.86 | 44.27 | +7.59 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| PRAB.DE | FRNE.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 3.12 | 2.35 | +0.78 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 3.14 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 2.84 | 2.00 | +0.84 |
Drawdowns
PRAB.DE vs. FRNE.DE - Drawdown Comparison
The maximum PRAB.DE drawdown since its inception was -1.67%, which is greater than FRNE.DE's maximum drawdown of -1.23%. Use the drawdown chart below to compare losses from any high point for PRAB.DE and FRNE.DE.
Loading charts...
Drawdown Indicators
| PRAB.DE | FRNE.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -1.67% | -1.23% | -0.44% |
Max Drawdown (1Y)Largest decline over 1 year | -0.18% | -0.32% | +0.14% |
Max Drawdown (3Y)Largest decline over 3 years | -0.18% | -0.51% | +0.33% |
Max Drawdown (5Y)Largest decline over 5 years | -1.30% | — | — |
Current DrawdownCurrent decline from peak | 0.00% | 0.00% | 0.00% |
Average DrawdownAverage peak-to-trough decline | -0.41% | -0.21% | -0.20% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.04% | 0.06% | -0.02% |
Volatility
PRAB.DE vs. FRNE.DE - Volatility Comparison
The current volatility for Amundi Prime Euro Government Bonds 0-1Y UCITS ETF (PRAB.DE) is 0.22%, while Amundi EUR Floating Rate Corporate Bond ESG UCITS ETF (FRNE.DE) has a volatility of 0.29%. This indicates that PRAB.DE experiences smaller price fluctuations and is considered to be less risky than FRNE.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| PRAB.DE | FRNE.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.22% | 0.29% | -0.07% |
Volatility (6M)Calculated over the trailing 6-month period | 0.52% | 0.89% | -0.37% |
Volatility (1Y)Calculated over the trailing 1-year period | 0.60% | 1.13% | -0.53% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 0.55% | 1.17% | -0.62% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 0.55% | 1.17% | -0.62% |
PRAB.DE vs. FRNE.DE - Expense Ratio Comparison
PRAB.DE has a 0.05% expense ratio, which is lower than FRNE.DE's 0.18% 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. FRNE.DE - Dividend Comparison
Neither PRAB.DE nor FRNE.DE has paid dividends to shareholders.
Frequently Asked Questions
PRAB.DE and FRNE.DE have a correlation of 0.20, 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 0.18% for FRNE.DE.
PRAB.DE is categorized as European Government Bonds, while FRNE.DE is Corporate Bonds. PRAB.DE tracks Solactive Eurozone Government Bond 0-1 Year, while FRNE.DE tracks iBoxx MSCI ESG EUR FRN Investment Grade Corporates TCA Index. Their fees differ too: 0.05% for PRAB.DE and 0.18% for FRNE.DE.
Find the right allocation for PRAB.DE and FRNE.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