PRAG.DE vs. EUN3.DE
PRAG.DE (Amundi Prime Global Govies UCITS ETF) and EUN3.DE (iShares Global Government Bond UCITS ETF USD (Dist)) are both Global Bonds funds - PRAG.DE tracks the Solactive Global Developed Government Bond while EUN3.DE tracks the FTSE G7 Government Bond. Both are passively managed. Over the past 5 years, PRAG.DE returned -2.34%/yr vs -2.76%/yr for EUN3.DE. Their correlation of 0.84 suggests significant overlap in exposure. PRAG.DE charges 0.05%/yr vs 0.20%/yr for EUN3.DE.
Performance
PRAG.DE vs. EUN3.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, PRAG.DE achieves a 0.07% return, which is significantly higher than EUN3.DE's -1.67% 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*
- —
EUN3.DE
- 1D
- 0.03%
- 1M
- 0.52%
- YTD
- -1.67%
- 6M
- -2.37%
- 1Y
- -3.32%
- 3Y*
- -1.80%
- 5Y*
- -2.76%
- 10Y*
- -1.20%
PRAG.DE vs. EUN3.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% |
EUN3.DE iShares Global Government Bond UCITS ETF USD (Dist) | -1.67% | -5.37% | 2.25% | 0.44% | -12.65% | 1.09% | -1.46% |
Correlation
The correlation between PRAG.DE and EUN3.DE is 0.80, 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 | 0.80 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.87 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.90 |
Correlation (All Time) Calculated using the full available price history since Jan 23, 2020 | 0.84 |
The correlation between PRAG.DE and EUN3.DE shifts across timeframes, from 0.80 (1 year) to 0.90 (5 years), 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
PRAG.DE vs. EUN3.DE — Risk / Return Rank
PRAG.DE
EUN3.DE
PRAG.DE vs. EUN3.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 iShares Global Government Bond UCITS ETF USD (Dist) (EUN3.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 | EUN3.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.41 | ||
| Sortino ratioReturn per unit of downside risk | +0.52 | ||
| Omega ratioGain probability vs. loss probability | 0.95 | 0.88 | +0.07 |
| Calmar ratioReturn relative to maximum drawdown | -0.50 | -0.70 | +0.20 |
| Martin ratioReturn relative to average drawdown | -0.96 | -1.37 | +0.41 |
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
| PRAG.DE | EUN3.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.33 | -0.74 | +0.41 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.34 | -0.40 | +0.05 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | -0.19 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.30 | 0.17 | -0.47 |
Drawdowns
PRAG.DE vs. EUN3.DE - Drawdown Comparison
The maximum PRAG.DE drawdown since its inception was -23.63%, roughly equal to the maximum EUN3.DE drawdown of -22.74%. Use the drawdown chart below to compare losses from any high point for PRAG.DE and EUN3.DE.
Loading charts...
Drawdown Indicators
| PRAG.DE | EUN3.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -23.63% | -22.74% | -0.89% |
Max Drawdown (1Y)Largest decline over 1 year | -2.91% | -4.71% | +1.80% |
Max Drawdown (3Y)Largest decline over 3 years | -7.74% | -10.14% | +2.40% |
Max Drawdown (5Y)Largest decline over 5 years | -17.70% | -18.98% | +1.28% |
Max Drawdown (10Y)Largest decline over 10 years | — | -22.74% | — |
Current DrawdownCurrent decline from peak | -21.95% | -21.83% | -0.12% |
Average DrawdownAverage peak-to-trough decline | -15.85% | -9.52% | -6.33% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.52% | 2.42% | -0.90% |
Volatility
PRAG.DE vs. EUN3.DE - Volatility Comparison
Amundi Prime Global Govies UCITS ETF (PRAG.DE) and iShares Global Government Bond UCITS ETF USD (Dist) (EUN3.DE) have volatilities of 1.17% and 1.12%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| PRAG.DE | EUN3.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.17% | 1.12% | +0.05% |
Volatility (6M)Calculated over the trailing 6-month period | 3.27% | 3.34% | -0.07% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.41% | 4.44% | -0.03% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.71% | 6.83% | -0.12% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 7.87% | 6.23% | +1.64% |
PRAG.DE vs. EUN3.DE - Expense Ratio Comparison
PRAG.DE has a 0.05% expense ratio, which is lower than EUN3.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. EUN3.DE - Dividend Comparison
PRAG.DE has not paid dividends to shareholders, while EUN3.DE's dividend yield for the trailing twelve months is around 1.50%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EUN3.DE iShares Global Government Bond UCITS ETF USD (Dist) | 1.50% | 3.09% | 2.40% | 1.47% | 0.79% | 0.60% | 1.08% | 1.20% | 1.04% | 1.01% | 1.04% | 0.59% |
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% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
PRAG.DE and EUN3.DE have a correlation of 0.80, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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.
PRAG.DE is cheaper with a 0.05% expense ratio, compared with 0.20% for EUN3.DE.
PRAG.DE tracks Solactive Global Developed Government Bond, while EUN3.DE tracks FTSE G7 Government Bond. They also come from different issuers: Amundi and iShares. Their fees differ too: 0.05% for PRAG.DE and 0.20% for EUN3.DE.
Find the right allocation for PRAG.DE and EUN3.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