PRAJ.DE vs. EM1C.DE
PRAJ.DE (Amundi Prime Japan UCITS ETF) and EM1C.DE (VanEck J.P. Morgan EM Local Currency Bond UCITS ETF) are both exchange-traded funds - PRAJ.DE is a Japan Equities fund tracking the Solactive GBS Japan Large & Mid Cap, while EM1C.DE is a Emerging Markets Bonds fund tracking the JP Morgan GBI-Emerging Markets Global Core. Both are passively managed. Over the past 5 years, PRAJ.DE returned 10.33%/yr vs 2.56%/yr for EM1C.DE. At a 0.36 correlation, their price movements are largely independent. PRAJ.DE charges 0.05%/yr vs 0.30%/yr for EM1C.DE.
Performance
PRAJ.DE vs. EM1C.DE - Performance Comparison
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Returns By Period
In the year-to-date period, PRAJ.DE achieves a 18.28% return, which is significantly higher than EM1C.DE's 4.70% return.
PRAJ.DE
- 1D
- 0.36%
- 1M
- 2.93%
- YTD
- 18.28%
- 6M
- 18.63%
- 1Y
- 36.23%
- 3Y*
- 17.10%
- 5Y*
- 10.33%
- 10Y*
- —
EM1C.DE
- 1D
- 0.31%
- 1M
- 2.78%
- YTD
- 4.70%
- 6M
- 5.14%
- 1Y
- 10.45%
- 3Y*
- 4.89%
- 5Y*
- 2.56%
- 10Y*
- —
PRAJ.DE vs. EM1C.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
PRAJ.DE Amundi Prime Japan UCITS ETF | 18.28% | 12.81% | 13.75% | 16.27% | -11.68% | 10.20% | -99.15% |
EM1C.DE VanEck J.P. Morgan EM Local Currency Bond UCITS ETF | 4.70% | 4.52% | 3.70% | 6.43% | -4.55% | -2.31% | -7.10% |
Correlation
The correlation between PRAJ.DE and EM1C.DE is 0.38, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.38 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.34 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.35 |
Correlation (All Time) Calculated using the full available price history since Jan 22, 2020 | 0.36 |
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Return for Risk
PRAJ.DE vs. EM1C.DE — Risk / Return Rank
PRAJ.DE
EM1C.DE
PRAJ.DE vs. EM1C.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Amundi Prime Japan UCITS ETF (PRAJ.DE) and VanEck J.P. Morgan EM Local Currency Bond UCITS ETF (EM1C.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.
| PRAJ.DE | EM1C.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.14 | ||
| Sortino ratioReturn per unit of downside risk | -0.36 | ||
| Omega ratioGain probability vs. loss probability | 1.36 | 1.39 | -0.03 |
| Calmar ratioReturn relative to maximum drawdown | 3.71 | 3.04 | +0.68 |
| Martin ratioReturn relative to average drawdown | 11.97 | 10.21 | +1.76 |
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Drawdowns
PRAJ.DE vs. EM1C.DE - Drawdown Comparison
The maximum PRAJ.DE drawdown since its inception was -99.42%, which is greater than EM1C.DE's maximum drawdown of -23.47%. Use the drawdown chart below to compare losses from any high point for PRAJ.DE and EM1C.DE.
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Drawdown Indicators
| PRAJ.DE | EM1C.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.42% | -23.47% | -75.95% |
Max Drawdown (1Y)Largest decline over 1 year | -9.72% | -3.43% | -6.29% |
Max Drawdown (3Y)Largest decline over 3 years | -16.82% | -7.21% | -9.61% |
Max Drawdown (5Y)Largest decline over 5 years | -18.65% | -8.70% | -9.95% |
Current DrawdownCurrent decline from peak | -98.55% | -2.75% | -95.80% |
Average DrawdownAverage peak-to-trough decline | -98.79% | -13.90% | -84.89% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.02% | 1.02% | +2.00% |
Volatility
PRAJ.DE vs. EM1C.DE - Volatility Comparison
Amundi Prime Japan UCITS ETF (PRAJ.DE) has a higher volatility of 5.43% compared to VanEck J.P. Morgan EM Local Currency Bond UCITS ETF (EM1C.DE) at 1.32%. This indicates that PRAJ.DE's price experiences larger fluctuations and is considered to be riskier than EM1C.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PRAJ.DE | EM1C.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.43% | 1.32% | +4.11% |
Volatility (6M)Calculated over the trailing 6-month period | 15.35% | 4.27% | +11.08% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.96% | 5.09% | +13.87% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.66% | 7.05% | +9.61% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 42.85% | 10.13% | +32.72% |
PRAJ.DE vs. EM1C.DE - Expense Ratio Comparison
PRAJ.DE has a 0.05% expense ratio, which is lower than EM1C.DE's 0.30% expense ratio.
Dividends
PRAJ.DE vs. EM1C.DE - Dividend Comparison
Neither PRAJ.DE nor EM1C.DE has paid dividends to shareholders.
Frequently Asked Questions
PRAJ.DE and EM1C.DE have a correlation of 0.38, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, PRAJ.DE is cheaper at 0.05% per year. The better choice depends on whether you care most about return, fees, risk, or income.
PRAJ.DE is cheaper with a 0.05% expense ratio, compared with 0.30% for EM1C.DE.
PRAJ.DE is categorized as Japan Equities, while EM1C.DE is Emerging Markets Bonds. PRAJ.DE tracks Solactive GBS Japan Large & Mid Cap, while EM1C.DE tracks JP Morgan GBI-Emerging Markets Global Core. They also come from different issuers: Amundi and VanEck. Their fees differ too: 0.05% for PRAJ.DE and 0.30% for EM1C.DE.
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