PRAM.L vs. ACWI.L

Last updated Apr 1, 2026

Compare and contrast key facts about Amundi Prime Emerging Markets UCITS ETF DR (C) (PRAM.L) and SPDR MSCI ACWI UCITS ETF (ACWI.L).

PRAM.L and ACWI.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. PRAM.L is a passively managed fund by Amundi that tracks the performance of the MSCI EM NR USD. It was launched on Sep 14, 2021. ACWI.L is a passively managed fund by State Street that tracks the performance of the MSCI ACWI NR USD. It was launched on May 13, 2011. Both PRAM.L and ACWI.L are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

PRAM.L vs. ACWI.L - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Amundi Prime Emerging Markets UCITS ETF DR (C) (PRAM.L) and SPDR MSCI ACWI UCITS ETF (ACWI.L). The values are adjusted to include any dividend payments, if applicable.

PRAM.L vs. ACWI.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
PRAM.L Amundi Prime Emerging Markets UCITS ETF DR (C)	0.76%	32.60%	7.14%	9.82%	-16.79%	0.00%
ACWI.L SPDR MSCI ACWI UCITS ETF	-4.09%	22.95%	17.67%	21.68%	-18.36%	2.92%

Different Trading Currencies

PRAM.L is traded in USD, while ACWI.L is traded in GBP. To make them comparable, the ACWI.L values have been converted to USD using the latest available exchange rates.

Returns By Period

In the year-to-date period, PRAM.L achieves a 0.76% return, which is significantly higher than ACWI.L's -4.09% return.

PRAM.L

• 1D: 0.34%
• 1M: -11.49%
• YTD: 0.76%
• 6M: 5.05%
• 1Y: 30.09%
• 3Y*: 15.14%
• 5Y*: —
• 10Y*: —

ACWI.L

• 1D: 0.76%
• 1M: -7.70%
• YTD: -4.09%
• 6M: 0.08%
• 1Y: 20.63%
• 3Y*: 16.71%
• 5Y*: 9.20%
• 10Y*: 11.31%

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

PRAM.L vs. ACWI.L - Expense Ratio Comparison

PRAM.L has a 0.10% expense ratio, which is lower than ACWI.L's 0.40% expense ratio.

ACWI.L

SPDR MSCI ACWI UCITS ETF

PRAM.L

Amundi Prime Emerging Markets UCITS ETF DR (C)

Return for Risk

PRAM.L vs. ACWI.L — Risk / Return Rank

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

PRAM.L

PRAM.L Risk / Return Rank: 81
PRAM.L Sharpe Ratio Rank: 83
PRAM.L Sortino Ratio Rank: 82
PRAM.L Omega Ratio Rank: 79
PRAM.L Calmar Ratio Rank: 82
PRAM.L Martin Ratio Rank: 78

ACWI.L

ACWI.L Risk / Return Rank: 71
ACWI.L Sharpe Ratio Rank: 74
ACWI.L Sortino Ratio Rank: 72
ACWI.L Omega Ratio Rank: 74
ACWI.L Calmar Ratio Rank: 65
ACWI.L Martin Ratio Rank: 70

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.

PRAM.L vs. ACWI.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Amundi Prime Emerging Markets UCITS ETF DR (C) (PRAM.L) and SPDR MSCI ACWI UCITS ETF (ACWI.L). 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.

	PRAM.L	ACWI.L	Difference
Sharpe ratio Return per unit of total volatility	1.64	1.32	+0.32
Sortino ratio Return per unit of downside risk	2.14	1.82	+0.32
Omega ratio Gain probability vs. loss probability	1.30	1.27	+0.04
Calmar ratio Return relative to maximum drawdown	2.34	1.53	+0.81
Martin ratio Return relative to average drawdown	8.45	7.48	+0.97
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

PRAM.L vs. ACWI.L - Sharpe Ratio Comparison

The current PRAM.L Sharpe Ratio is 1.64, which is comparable to the ACWI.L Sharpe Ratio of 1.32. The chart below compares the historical Sharpe Ratios of PRAM.L and ACWI.L, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	PRAM.L	ACWI.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.64	1.32	+0.32
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.61	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.72	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.44	0.59	-0.15

Correlation

The correlation between PRAM.L and ACWI.L is 0.49, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

PRAM.L vs. ACWI.L - Dividend Comparison

Neither PRAM.L nor ACWI.L has paid dividends to shareholders.

Tickers have no history of dividend payments

Drawdowns

PRAM.L vs. ACWI.L - Drawdown Comparison

The maximum PRAM.L drawdown since its inception was -28.74%, smaller than the maximum ACWI.L drawdown of -33.59%. Use the drawdown chart below to compare losses from any high point for PRAM.L and ACWI.L.

Drawdown Indicators

	PRAM.L	ACWI.L	Difference
Max Drawdown Largest peak-to-trough decline	-28.74%	-25.44%	-3.30%
Max Drawdown (1Y) Largest decline over 1 year	-12.53%	-10.51%	-2.02%
Max Drawdown (5Y) Largest decline over 5 years	—	-18.07%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-25.44%	—
Current Drawdown Current decline from peak	-12.23%	-5.97%	-6.26%
Average Drawdown Average peak-to-trough decline	-8.96%	-3.70%	-5.26%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.47%	2.42%	+1.05%

Volatility

PRAM.L vs. ACWI.L - Volatility Comparison

Amundi Prime Emerging Markets UCITS ETF DR (C) (PRAM.L) has a higher volatility of 9.17% compared to SPDR MSCI ACWI UCITS ETF (ACWI.L) at 4.97%. This indicates that PRAM.L's price experiences larger fluctuations and is considered to be riskier than ACWI.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PRAM.L	ACWI.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.17%	4.97%	+4.20%
Volatility (6M) Calculated over the trailing 6-month period	13.34%	8.80%	+4.54%
Volatility (1Y) Calculated over the trailing 1-year period	18.27%	15.59%	+2.68%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.87%	15.20%	+5.67%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.87%	15.61%	+5.26%