PRAB.DE vs. PR1R.DE

Last updated Jun 5, 2026

PRAB.DE (Amundi Prime Euro Government Bonds 0-1Y UCITS ETF) and PR1R.DE (Amundi Prime Euro Govies UCITS ETF DR (D)) are both European Government Bonds funds from Amundi - PRAB.DE tracks the Solactive Eurozone Government Bond 0-1 Year while PR1R.DE tracks the Solactive Eurozone Government Bond. Both are passively managed. Over the past 5 years, PRAB.DE returned 1.66%/yr vs -2.24%/yr for PR1R.DE. At a 0.26 correlation, their price movements are largely independent. Both charge a 0.05% expense ratio.

Performance

PRAB.DE vs. PR1R.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Amundi Prime Euro Government Bonds 0-1Y UCITS ETF (PRAB.DE) and Amundi Prime Euro Govies UCITS ETF DR (D) (PR1R.DE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, PRAB.DE achieves a 0.87% return, which is significantly higher than PR1R.DE's 0.09% 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*: —

PR1R.DE

• 1D: 0.06%
• 1M: 0.58%
• YTD: 0.09%
• 6M: 0.01%
• 1Y: -0.11%
• 3Y*: 2.33%
• 5Y*: -2.24%
• 10Y*: —

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

PRAB.DE vs. PR1R.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
PRAB.DE Amundi Prime Euro Government Bonds 0-1Y UCITS ETF	0.87%	2.18%	3.56%	2.85%	-0.79%	-0.60%	-0.12%
PR1R.DE Amundi Prime Euro Govies UCITS ETF DR (D)	0.09%	0.65%	1.46%	6.92%	-18.25%	-3.24%	0.03%

Correlation

The correlation between PRAB.DE and PR1R.DE is 0.18, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.18
Correlation (3Y) Calculated over the trailing 3-year period	0.21
Correlation (5Y) Calculated over the trailing 5-year period	0.28
Correlation (All Time) Calculated using the full available price history since Oct 30, 2020	0.26

The correlation between PRAB.DE and PR1R.DE shifts across timeframes, from 0.18 (1 year) to 0.28 (5 years), reflecting how their relationship changes across market environments.

Return for Risk

PRAB.DE vs. PR1R.DE — Risk / Return Rank

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

PRAB.DE

PRAB.DE Risk / Return Rank: 95
PRAB.DE Sharpe Ratio Rank: 91
PRAB.DE Sortino Ratio Rank: 94
PRAB.DE Omega Ratio Rank: 94
PRAB.DE Calmar Ratio Rank: 97
PRAB.DE Martin Ratio Rank: 98

PR1R.DE

PR1R.DE Risk / Return Rank: 8
PR1R.DE Sharpe Ratio Rank: 9
PR1R.DE Sortino Ratio Rank: 8
PR1R.DE Omega Ratio Rank: 8
PR1R.DE Calmar Ratio Rank: 9
PR1R.DE Martin Ratio Rank: 9

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.

PRAB.DE vs. PR1R.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 Prime Euro Govies UCITS ETF DR (D) (PR1R.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	PR1R.DE	Difference
Sharpe ratio: Return per unit of total volatility	3.12	-0.02	+3.15
Sortino ratio: Return per unit of downside risk	4.95	-0.00	+4.96
Omega ratio: Gain probability vs. loss probability	1.67	1.00	+0.67
Calmar ratio: Return relative to maximum drawdown	10.66	-0.03	+10.69
Martin ratio: Return relative to average drawdown	51.86	-0.08	+51.94
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

PRAB.DE vs. PR1R.DE - Sharpe Ratio Comparison

The current PRAB.DE Sharpe Ratio is 3.12, which is higher than the PR1R.DE Sharpe Ratio of -0.02. The chart below compares the historical Sharpe Ratios of PRAB.DE and PR1R.DE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	PRAB.DE	PR1R.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.12	-0.02	+3.15
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	3.14	-0.35	+3.49
Sharpe Ratio (All Time) Calculated using the full available price history	2.84	-0.09	+2.93

Drawdowns

PRAB.DE vs. PR1R.DE - Drawdown Comparison

The maximum PRAB.DE drawdown since its inception was -1.67%, smaller than the maximum PR1R.DE drawdown of -22.33%. Use the drawdown chart below to compare losses from any high point for PRAB.DE and PR1R.DE.

Drawdown Indicators

	PRAB.DE	PR1R.DE	Difference
Max Drawdown Largest peak-to-trough decline	-1.67%	-22.33%	+20.66%
Max Drawdown (1Y) Largest decline over 1 year	-0.18%	-3.38%	+3.20%
Max Drawdown (3Y) Largest decline over 3 years	-0.18%	-4.09%	+3.91%
Max Drawdown (5Y) Largest decline over 5 years	-1.30%	-21.46%	+20.16%
Current Drawdown Current decline from peak	0.00%	-13.94%	+13.94%
Average Drawdown Average peak-to-trough decline	-0.41%	-10.28%	+9.87%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.04%	1.35%	-1.31%

Volatility

PRAB.DE vs. PR1R.DE - Volatility Comparison

The current volatility for Amundi Prime Euro Government Bonds 0-1Y UCITS ETF (PRAB.DE) is 0.22%, while Amundi Prime Euro Govies UCITS ETF DR (D) (PR1R.DE) has a volatility of 1.78%. This indicates that PRAB.DE experiences smaller price fluctuations and is considered to be less risky than PR1R.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PRAB.DE	PR1R.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.22%	1.78%	-1.56%
Volatility (6M) Calculated over the trailing 6-month period	0.52%	3.64%	-3.12%
Volatility (1Y) Calculated over the trailing 1-year period	0.60%	4.38%	-3.78%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	0.55%	6.34%	-5.79%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	0.55%	5.92%	-5.37%

PRAB.DE vs. PR1R.DE - Expense Ratio Comparison

Both PRAB.DE and PR1R.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%.

Dividends

PRAB.DE vs. PR1R.DE - Dividend Comparison

PRAB.DE has not paid dividends to shareholders, while PR1R.DE's dividend yield for the trailing twelve months is around 2.72%.

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%
PRAB.DE Amundi Prime Euro Government Bonds 0-1Y UCITS ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both PRAB.DE and PR1R.DE in my portfolio?

PRAB.DE and PR1R.DE have a correlation of 0.18, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, PRAB.DE or PR1R.DE?

Both ETFs have the same 0.05% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, PRAB.DE or PR1R.DE?

PRAB.DE and PR1R.DE have the same expense ratio: 0.05% per year.

What is the main difference between PRAB.DE and PR1R.DE?

PRAB.DE tracks Solactive Eurozone Government Bond 0-1 Year, while PR1R.DE tracks Solactive Eurozone Government Bond.