PRAG.DE vs. XGVC.DE
PRAG.DE (Amundi Prime Global Govies UCITS ETF) and XGVC.DE (Xtrackers II ESG Global Government Bond UCITS ETF) are both Global Bonds funds - PRAG.DE tracks the Solactive Global Developed Government Bond while XGVC.DE tracks the FTSE ESG Select World Government Bond Developed Markets. Both are passively managed. Over the past 3 years, PRAG.DE returned -0.93%/yr vs -0.19%/yr for XGVC.DE. Their correlation of 0.85 suggests significant overlap in exposure. PRAG.DE charges 0.05%/yr vs 0.20%/yr for XGVC.DE.
Performance
PRAG.DE vs. XGVC.DE - Performance Comparison
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Returns By Period
In the year-to-date period, PRAG.DE achieves a 0.07% return, which is significantly lower than XGVC.DE's 0.30% return.
PRAG.DE
- 1D
- -0.04%
- 1M
- 0.10%
- YTD
- 0.07%
- 6M
- -0.49%
- 1Y
- -1.02%
- 3Y*
- -0.93%
- 5Y*
- -2.34%
- 10Y*
- —
XGVC.DE
- 1D
- 0.21%
- 1M
- 0.26%
- YTD
- 0.30%
- 6M
- -0.16%
- 1Y
- -1.01%
- 3Y*
- -0.19%
- 5Y*
- —
- 10Y*
- —
PRAG.DE vs. XGVC.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
PRAG.DE Amundi Prime Global Govies UCITS ETF | 0.07% | -4.82% | 2.27% | 1.13% | -4.32% |
XGVC.DE Xtrackers II ESG Global Government Bond UCITS ETF | 0.30% | -4.28% | 1.61% | 2.49% | -5.86% |
Correlation
The correlation between PRAG.DE and XGVC.DE is 0.83, 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 | 0.83 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.84 |
Correlation (All Time) Calculated using the full available price history since Jun 29, 2022 | 0.86 |
The correlation between PRAG.DE and XGVC.DE has been stable across timeframes, ranging from 0.83 to 0.85 - a consistent structural relationship.
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Return for Risk
PRAG.DE vs. XGVC.DE — Risk / Return Rank
PRAG.DE
XGVC.DE
PRAG.DE vs. XGVC.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 Xtrackers II ESG Global Government Bond UCITS ETF (XGVC.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 | XGVC.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.01 | ||
| Sortino ratioReturn per unit of downside risk | 0.00 | ||
| Omega ratioGain probability vs. loss probability | 0.95 | 0.95 | 0.00 |
| Calmar ratioReturn relative to maximum drawdown | -0.50 | -0.51 | 0.00 |
| Martin ratioReturn relative to average drawdown | -0.96 | -0.95 | -0.01 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| PRAG.DE | XGVC.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.33 | -0.34 | +0.01 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.34 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.30 | -0.24 | -0.06 |
Drawdowns
PRAG.DE vs. XGVC.DE - Drawdown Comparison
The maximum PRAG.DE drawdown since its inception was -23.63%, which is greater than XGVC.DE's maximum drawdown of -15.47%. Use the drawdown chart below to compare losses from any high point for PRAG.DE and XGVC.DE.
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Drawdown Indicators
| PRAG.DE | XGVC.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -23.63% | -15.47% | -8.16% |
Max Drawdown (1Y)Largest decline over 1 year | -2.91% | -2.66% | -0.25% |
Max Drawdown (3Y)Largest decline over 3 years | -7.74% | -7.10% | -0.64% |
Max Drawdown (5Y)Largest decline over 5 years | -17.70% | — | — |
Current DrawdownCurrent decline from peak | -21.95% | -12.39% | -9.56% |
Average DrawdownAverage peak-to-trough decline | -15.85% | -10.81% | -5.04% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.52% | 1.42% | +0.10% |
Volatility
PRAG.DE vs. XGVC.DE - Volatility Comparison
The current volatility for Amundi Prime Global Govies UCITS ETF (PRAG.DE) is 1.17%, while Xtrackers II ESG Global Government Bond UCITS ETF (XGVC.DE) has a volatility of 1.54%. This indicates that PRAG.DE experiences smaller price fluctuations and is considered to be less risky than XGVC.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PRAG.DE | XGVC.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.17% | 1.54% | -0.37% |
Volatility (6M)Calculated over the trailing 6-month period | 3.27% | 3.05% | +0.22% |
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% | 6.22% | +0.49% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 7.87% | 6.22% | +1.65% |
PRAG.DE vs. XGVC.DE - Expense Ratio Comparison
PRAG.DE has a 0.05% expense ratio, which is lower than XGVC.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. XGVC.DE - Dividend Comparison
Neither PRAG.DE nor XGVC.DE has paid dividends to shareholders.
Frequently Asked Questions
PRAG.DE and XGVC.DE have a correlation of 0.83, 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 XGVC.DE.
PRAG.DE tracks Solactive Global Developed Government Bond, while XGVC.DE tracks FTSE ESG Select World Government Bond Developed Markets. They also come from different issuers: Amundi and Xtrackers. Their fees differ too: 0.05% for PRAG.DE and 0.20% for XGVC.DE.
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