PRAP.DE vs. ^SP500TR
Compare and contrast key facts about Amundi Prime US Corporates UCITS ETF (PRAP.DE) and S&P 500 Total Return (^SP500TR).
PRAP.DE is a passively managed fund by Amundi Luxembourg S.A. that tracks the performance of the Solactive USD Investment Grade Corporate. It was launched on Jan 15, 2020.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PRAP.DE or ^SP500TR.
Correlation
The correlation between PRAP.DE and ^SP500TR is 0.24, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
PRAP.DE vs. ^SP500TR - Performance Comparison
Key characteristics
PRAP.DE:
1.26
^SP500TR:
1.75
PRAP.DE:
2.01
^SP500TR:
2.36
PRAP.DE:
1.24
^SP500TR:
1.32
PRAP.DE:
0.70
^SP500TR:
2.66
PRAP.DE:
7.87
^SP500TR:
11.02
PRAP.DE:
1.06%
^SP500TR:
2.04%
PRAP.DE:
6.60%
^SP500TR:
12.89%
PRAP.DE:
-17.18%
^SP500TR:
-55.25%
PRAP.DE:
-3.25%
^SP500TR:
-2.12%
Returns By Period
In the year-to-date period, PRAP.DE achieves a 1.61% return, which is significantly lower than ^SP500TR's 2.42% return.
PRAP.DE
1.61%
1.08%
5.90%
8.98%
0.67%
N/A
^SP500TR
2.42%
-1.61%
7.42%
19.77%
15.10%
13.08%
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Risk-Adjusted Performance
PRAP.DE vs. ^SP500TR — Risk-Adjusted Performance Rank
PRAP.DE
^SP500TR
PRAP.DE vs. ^SP500TR - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Amundi Prime US Corporates UCITS ETF (PRAP.DE) and S&P 500 Total Return (^SP500TR). 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.
Drawdowns
PRAP.DE vs. ^SP500TR - Drawdown Comparison
The maximum PRAP.DE drawdown since its inception was -17.18%, smaller than the maximum ^SP500TR drawdown of -55.25%. Use the drawdown chart below to compare losses from any high point for PRAP.DE and ^SP500TR. For additional features, visit the drawdowns tool.
Volatility
PRAP.DE vs. ^SP500TR - Volatility Comparison
The current volatility for Amundi Prime US Corporates UCITS ETF (PRAP.DE) is 1.43%, while S&P 500 Total Return (^SP500TR) has a volatility of 3.43%. This indicates that PRAP.DE experiences smaller price fluctuations and is considered to be less risky than ^SP500TR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.