PRAE.DE vs. MVEE.DE
PRAE.DE (Amundi Prime Europe UCITS ETF) and MVEE.DE (iShares Edge MSCI Europe Minimum Volatility ESG UCITS ETF (Acc)) are both Europe Equities funds - PRAE.DE tracks the Solactive GBS Developed Markets Europe Large & Mid Cap while MVEE.DE tracks the MSCI Europe NR EUR. Both are passively managed. Over the past 5 years, PRAE.DE returned 10.21%/yr vs 6.05%/yr for MVEE.DE. Their correlation of 0.87 suggests significant overlap in exposure. PRAE.DE charges 0.05%/yr vs 0.25%/yr for MVEE.DE.
Performance
PRAE.DE vs. MVEE.DE - Performance Comparison
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Returns By Period
In the year-to-date period, PRAE.DE achieves a 10.04% return, which is significantly higher than MVEE.DE's 7.52% return.
PRAE.DE
- 1D
- -0.66%
- 1M
- 1.86%
- YTD
- 10.04%
- 6M
- 10.74%
- 1Y
- 22.52%
- 3Y*
- 15.18%
- 5Y*
- 10.21%
- 10Y*
- —
MVEE.DE
- 1D
- -0.57%
- 1M
- 0.58%
- YTD
- 7.52%
- 6M
- 8.05%
- 1Y
- 11.08%
- 3Y*
- 10.12%
- 5Y*
- 6.05%
- 10Y*
- —
PRAE.DE vs. MVEE.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
PRAE.DE Amundi Prime Europe UCITS ETF | 10.04% | 20.48% | 8.47% | 15.73% | -9.23% | 25.26% | 24.56% |
MVEE.DE iShares Edge MSCI Europe Minimum Volatility ESG UCITS ETF (Acc) | 7.52% | 8.71% | 8.75% | 12.46% | -15.04% | 23.79% | 13.95% |
Correlation
The correlation between PRAE.DE and MVEE.DE is 0.66, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.66 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.82 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.86 |
Correlation (All Time) Calculated using the full available price history since Apr 17, 2020 | 0.87 |
Over the past year, the correlation between PRAE.DE and MVEE.DE has dropped to 0.66 - well below their long-term average of 0.87, suggesting their price drivers have been diverging.
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Return for Risk
PRAE.DE vs. MVEE.DE — Risk / Return Rank
PRAE.DE
MVEE.DE
PRAE.DE vs. MVEE.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Amundi Prime Europe UCITS ETF (PRAE.DE) and iShares Edge MSCI Europe Minimum Volatility ESG UCITS ETF (Acc) (MVEE.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.
| PRAE.DE | MVEE.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.60 | ||
| Sortino ratioReturn per unit of downside risk | +0.85 | ||
| Omega ratioGain probability vs. loss probability | 1.32 | 1.20 | +0.12 |
| Calmar ratioReturn relative to maximum drawdown | 2.35 | 1.49 | +0.86 |
| Martin ratioReturn relative to average drawdown | 9.22 | 5.15 | +4.07 |
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Drawdowns
PRAE.DE vs. MVEE.DE - Drawdown Comparison
The maximum PRAE.DE drawdown since its inception was -37.01%, which is greater than MVEE.DE's maximum drawdown of -20.19%. Use the drawdown chart below to compare losses from any high point for PRAE.DE and MVEE.DE.
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Drawdown Indicators
| PRAE.DE | MVEE.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -37.01% | -20.19% | -16.82% |
Max Drawdown (1Y)Largest decline over 1 year | -9.52% | -7.40% | -2.12% |
Max Drawdown (3Y)Largest decline over 3 years | -16.93% | -12.19% | -4.74% |
Max Drawdown (5Y)Largest decline over 5 years | -19.59% | -20.19% | +0.60% |
Current DrawdownCurrent decline from peak | -0.66% | -0.57% | -0.09% |
Average DrawdownAverage peak-to-trough decline | -5.27% | -4.49% | -0.78% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.44% | 2.15% | +0.29% |
Volatility
PRAE.DE vs. MVEE.DE - Volatility Comparison
Amundi Prime Europe UCITS ETF (PRAE.DE) has a higher volatility of 3.04% compared to iShares Edge MSCI Europe Minimum Volatility ESG UCITS ETF (Acc) (MVEE.DE) at 2.10%. This indicates that PRAE.DE's price experiences larger fluctuations and is considered to be riskier than MVEE.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PRAE.DE | MVEE.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.04% | 2.10% | +0.94% |
Volatility (6M)Calculated over the trailing 6-month period | 10.88% | 8.18% | +2.70% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.03% | 9.88% | +3.15% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.41% | 12.08% | +2.33% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.81% | 12.46% | +5.35% |
PRAE.DE vs. MVEE.DE - Expense Ratio Comparison
PRAE.DE has a 0.05% expense ratio, which is lower than MVEE.DE's 0.25% 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
PRAE.DE vs. MVEE.DE - Dividend Comparison
Neither PRAE.DE nor MVEE.DE has paid dividends to shareholders.
Frequently Asked Questions
PRAE.DE and MVEE.DE have a correlation of 0.66, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, PRAE.DE is cheaper at 0.05% per year. The better choice depends on whether you care most about return, fees, risk, or income.
PRAE.DE is cheaper with a 0.05% expense ratio, compared with 0.25% for MVEE.DE.
PRAE.DE tracks Solactive GBS Developed Markets Europe Large & Mid Cap, while MVEE.DE tracks MSCI Europe NR EUR. They also come from different issuers: Amundi and iShares. Their fees differ too: 0.05% for PRAE.DE and 0.25% for MVEE.DE.
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