PRAG.DE vs. 10AK.DE

Last updated Jun 5, 2026

PRAG.DE (Amundi Prime Global Govies UCITS ETF) and 10AK.DE (Amundi Index J.P. Morgan GBI Global Govies UCITS ETF EUR Dist) are both Global Bonds funds from Amundi - PRAG.DE tracks the Solactive Global Developed Government Bond while 10AK.DE tracks the JP Morgan Government Bond Global. Both are passively managed. Over the past 5 years, PRAG.DE returned -2.34%/yr vs -2.43%/yr for 10AK.DE. Their correlation of 0.86 suggests significant overlap in exposure. PRAG.DE charges 0.05%/yr vs 0.20%/yr for 10AK.DE.

Performance

PRAG.DE vs. 10AK.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Amundi Prime Global Govies UCITS ETF (PRAG.DE) and Amundi Index J.P. Morgan GBI Global Govies UCITS ETF EUR Dist (10AK.DE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, PRAG.DE achieves a 0.07% return, which is significantly lower than 10AK.DE's 0.09% return.

PRAG.DE

• 1D: -0.04%
• 1M: 0.31%
• YTD: 0.07%
• 6M: -0.49%
• 1Y: -1.47%
• 3Y*: -0.93%
• 5Y*: -2.34%
• 10Y*: —

10AK.DE

• 1D: 0.01%
• 1M: 0.45%
• YTD: 0.09%
• 6M: -0.62%
• 1Y: -2.09%
• 3Y*: -1.30%
• 5Y*: -2.43%
• 10Y*: —

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

PRAG.DE vs. 10AK.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
PRAG.DE Amundi Prime Global Govies UCITS ETF	0.07%	-4.82%	2.27%	1.13%	-13.23%	0.83%	-0.63%
10AK.DE Amundi Index J.P. Morgan GBI Global Govies UCITS ETF EUR Dist	0.09%	-5.55%	2.06%	0.12%	-12.21%	1.15%	-1.27%

Correlation

The correlation between PRAG.DE and 10AK.DE is 0.86, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.86
Correlation (3Y) Calculated over the trailing 3-year period	0.89
Correlation (5Y) Calculated over the trailing 5-year period	0.91
Correlation (All Time) Calculated using the full available price history since Jan 23, 2020	0.86

The correlation between PRAG.DE and 10AK.DE has been stable across timeframes, ranging from 0.86 to 0.91 - a consistent structural relationship.

Return for Risk

PRAG.DE vs. 10AK.DE — Risk / Return Rank

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

PRAG.DE

PRAG.DE Risk / Return Rank: 5
PRAG.DE Sharpe Ratio Rank: 6
PRAG.DE Sortino Ratio Rank: 5
PRAG.DE Omega Ratio Rank: 5
PRAG.DE Calmar Ratio Rank: 5
PRAG.DE Martin Ratio Rank: 5

10AK.DE

10AK.DE Risk / Return Rank: 4
10AK.DE Sharpe Ratio Rank: 5
10AK.DE Sortino Ratio Rank: 4
10AK.DE Omega Ratio Rank: 4
10AK.DE Calmar Ratio Rank: 3
10AK.DE Martin Ratio Rank: 3

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.

PRAG.DE vs. 10AK.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Amundi Prime Global Govies UCITS ETF (PRAG.DE) and Amundi Index J.P. Morgan GBI Global Govies UCITS ETF EUR Dist (10AK.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.

	PRAG.DE	10AK.DE	Difference
Sharpe ratio: Return per unit of total volatility	-0.33	-0.52	+0.19
Sortino ratio: Return per unit of downside risk	-0.43	-0.68	+0.25
Omega ratio: Gain probability vs. loss probability	0.95	0.92	+0.03
Calmar ratio: Return relative to maximum drawdown	-0.50	-0.67	+0.17
Martin ratio: Return relative to average drawdown	-0.96	-1.23	+0.27
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

PRAG.DE vs. 10AK.DE - Sharpe Ratio Comparison

The current PRAG.DE Sharpe Ratio is -0.33, which is higher than the 10AK.DE Sharpe Ratio of -0.52. The chart below compares the historical Sharpe Ratios of PRAG.DE and 10AK.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

	PRAG.DE	10AK.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.33	-0.52	+0.19
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.34	-0.37	+0.03
Sharpe Ratio (All Time) Calculated using the full available price history	-0.30	-0.05	-0.26

Drawdowns

PRAG.DE vs. 10AK.DE - Drawdown Comparison

The maximum PRAG.DE drawdown since its inception was -23.63%, which is greater than 10AK.DE's maximum drawdown of -20.98%. Use the drawdown chart below to compare losses from any high point for PRAG.DE and 10AK.DE.

Drawdown Indicators

	PRAG.DE	10AK.DE	Difference
Max Drawdown Largest peak-to-trough decline	-23.63%	-20.98%	-2.65%
Max Drawdown (1Y) Largest decline over 1 year	-2.91%	-3.11%	+0.20%
Max Drawdown (3Y) Largest decline over 3 years	-7.74%	-8.61%	+0.87%
Max Drawdown (5Y) Largest decline over 5 years	-17.70%	-17.53%	-0.17%
Current Drawdown Current decline from peak	-21.95%	-20.12%	-1.83%
Average Drawdown Average peak-to-trough decline	-15.85%	-10.25%	-5.60%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.52%	1.69%	-0.17%

Volatility

PRAG.DE vs. 10AK.DE - Volatility Comparison

Amundi Prime Global Govies UCITS ETF (PRAG.DE) has a higher volatility of 1.17% compared to Amundi Index J.P. Morgan GBI Global Govies UCITS ETF EUR Dist (10AK.DE) at 1.04%. This indicates that PRAG.DE's price experiences larger fluctuations and is considered to be riskier than 10AK.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PRAG.DE	10AK.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.17%	1.04%	+0.13%
Volatility (6M) Calculated over the trailing 6-month period	3.27%	2.98%	+0.29%
Volatility (1Y) Calculated over the trailing 1-year period	4.41%	4.00%	+0.41%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	6.71%	6.49%	+0.22%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	7.87%	6.17%	+1.70%

PRAG.DE vs. 10AK.DE - Expense Ratio Comparison

PRAG.DE has a 0.05% expense ratio, which is lower than 10AK.DE's 0.20% 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

PRAG.DE vs. 10AK.DE - Dividend Comparison

PRAG.DE has not paid dividends to shareholders, while 10AK.DE's dividend yield for the trailing twelve months is around 2.62%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
10AK.DE Amundi Index J.P. Morgan GBI Global Govies UCITS ETF EUR Dist	2.62%	2.63%	2.07%	1.79%	1.61%	1.39%	1.68%	1.82%	0.58%
PRAG.DE Amundi Prime Global Govies UCITS ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both PRAG.DE and 10AK.DE in my portfolio?

PRAG.DE and 10AK.DE have a correlation of 0.86, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, PRAG.DE or 10AK.DE?

On fees, PRAG.DE 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, PRAG.DE or 10AK.DE?

PRAG.DE is cheaper with a 0.05% expense ratio, compared with 0.20% for 10AK.DE.

What is the main difference between PRAG.DE and 10AK.DE?

PRAG.DE tracks Solactive Global Developed Government Bond, while 10AK.DE tracks JP Morgan Government Bond Global. Their fees differ too: 0.05% for PRAG.DE and 0.20% for 10AK.DE.