PRAR.DE vs. PR1R.DE
Compare and contrast key facts about Amundi Prime Euro Govies UCITS ETF (PRAR.DE) and Amundi Prime Euro Govies UCITS ETF DR (D) (PR1R.DE).
PRAR.DE and PR1R.DE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. PRAR.DE is a passively managed fund by Amundi that tracks the performance of the Solactive Eurozone Government Bond. It was launched on Jan 15, 2020. PR1R.DE is a passively managed fund by Amundi that tracks the performance of the Solactive Eurozone Government Bond. It was launched on Feb 5, 2019. Both PRAR.DE and PR1R.DE are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PRAR.DE or PR1R.DE.
Key characteristics
| PRAR.DE | PR1R.DE | |
|---|---|---|
| YTD Return | 1.57% | 1.59% |
| 1Y Return | 8.23% | 8.20% |
| 3Y Return (Ann) | -4.15% | -4.15% |
| Sharpe Ratio | 1.49 | 1.50 |
| Daily Std Dev | 5.56% | 5.57% |
| Max Drawdown | -22.34% | -22.33% |
| Current Drawdown | -14.43% | -14.47% |
Correlation
The correlation between PRAR.DE and PR1R.DE is 0.98, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
PRAR.DE vs. PR1R.DE - Performance Comparison
The year-to-date returns for both investments are quite close, with PRAR.DE having a 1.57% return and PR1R.DE slightly higher at 1.59%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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PRAR.DE vs. PR1R.DE - Expense Ratio Comparison
Both PRAR.DE and PR1R.DE have an expense ratio of 0.05%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Risk-Adjusted Performance
PRAR.DE vs. PR1R.DE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Amundi Prime Euro Govies UCITS ETF (PRAR.DE) and Amundi Prime Euro Govies UCITS ETF DR (D) (PR1R.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.
Dividends
PRAR.DE vs. PR1R.DE - Dividend Comparison
PRAR.DE has not paid dividends to shareholders, while PR1R.DE's dividend yield for the trailing twelve months is around 1.87%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|
PRAR.DE Amundi Prime Euro Govies UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
PR1R.DE Amundi Prime Euro Govies UCITS ETF DR (D) | 1.87% | 1.90% | 1.87% | 1.55% | 1.66% | 1.05% |
Drawdowns
PRAR.DE vs. PR1R.DE - Drawdown Comparison
The maximum PRAR.DE drawdown since its inception was -22.34%, roughly equal to the maximum PR1R.DE drawdown of -22.33%. Use the drawdown chart below to compare losses from any high point for PRAR.DE and PR1R.DE. For additional features, visit the drawdowns tool.
Volatility
PRAR.DE vs. PR1R.DE - Volatility Comparison
Amundi Prime Euro Govies UCITS ETF (PRAR.DE) and Amundi Prime Euro Govies UCITS ETF DR (D) (PR1R.DE) have volatilities of 2.05% and 2.07%, 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.