PRAR.DE vs. XGEZ.DE
PRAR.DE (Amundi Prime Euro Govies UCITS ETF) and XGEZ.DE (Xtrackers II Eurozone Government Green Bond UCITS ETF) are both European Government Bonds funds - PRAR.DE tracks the Solactive Eurozone Government Bond while XGEZ.DE tracks the iBoxx® EUR Eurozone Sovereigns Green Bonds Capped. Both are passively managed. Over the past 3 years, PRAR.DE returned 2.33%/yr vs 1.19%/yr for XGEZ.DE. With a 0.96 correlation, they move nearly in lockstep. PRAR.DE charges 0.05%/yr vs 0.18%/yr for XGEZ.DE.
Performance
PRAR.DE vs. XGEZ.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, PRAR.DE achieves a 0.07% return, which is significantly higher than XGEZ.DE's 0.02% return.
PRAR.DE
- 1D
- 0.09%
- 1M
- 0.61%
- YTD
- 0.07%
- 6M
- -0.03%
- 1Y
- -0.06%
- 3Y*
- 2.33%
- 5Y*
- -2.24%
- 10Y*
- —
XGEZ.DE
- 1D
- 0.09%
- 1M
- 0.75%
- YTD
- 0.02%
- 6M
- -0.28%
- 1Y
- -1.58%
- 3Y*
- 1.19%
- 5Y*
- —
- 10Y*
- —
PRAR.DE vs. XGEZ.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
PRAR.DE Amundi Prime Euro Govies UCITS ETF | 0.07% | 0.65% | 1.42% | 6.88% | -0.00% |
XGEZ.DE Xtrackers II Eurozone Government Green Bond UCITS ETF | 0.02% | -2.16% | -0.51% | 8.88% | 0.10% |
Correlation
The correlation between PRAR.DE and XGEZ.DE is 0.97 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.97 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.98 |
Correlation (All Time) Calculated using the full available price history since Oct 20, 2022 | 0.96 |
The correlation between PRAR.DE and XGEZ.DE has been stable across timeframes, ranging from 0.96 to 0.98 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
PRAR.DE vs. XGEZ.DE — Risk / Return Rank
PRAR.DE
XGEZ.DE
PRAR.DE vs. XGEZ.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Amundi Prime Euro Govies UCITS ETF (PRAR.DE) and Xtrackers II Eurozone Government Green Bond UCITS ETF (XGEZ.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.
| PRAR.DE | XGEZ.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.23 | ||
| Sortino ratioReturn per unit of downside risk | +0.31 | ||
| Omega ratioGain probability vs. loss probability | 1.00 | 0.96 | +0.04 |
| Calmar ratioReturn relative to maximum drawdown | -0.02 | -0.34 | +0.32 |
| Martin ratioReturn relative to average drawdown | -0.05 | -0.72 | +0.67 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| PRAR.DE | XGEZ.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.01 | -0.25 | +0.23 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.36 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.28 | 0.17 | -0.44 |
Drawdowns
PRAR.DE vs. XGEZ.DE - Drawdown Comparison
The maximum PRAR.DE drawdown since its inception was -22.34%, which is greater than XGEZ.DE's maximum drawdown of -13.63%. Use the drawdown chart below to compare losses from any high point for PRAR.DE and XGEZ.DE.
Loading charts...
Drawdown Indicators
| PRAR.DE | XGEZ.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -22.34% | -13.63% | -8.71% |
Max Drawdown (1Y)Largest decline over 1 year | -3.48% | -4.70% | +1.22% |
Max Drawdown (3Y)Largest decline over 3 years | -4.05% | -7.89% | +3.84% |
Max Drawdown (5Y)Largest decline over 5 years | -21.49% | — | — |
Current DrawdownCurrent decline from peak | -13.95% | -5.48% | -8.47% |
Average DrawdownAverage peak-to-trough decline | -11.58% | -5.39% | -6.19% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.37% | 2.20% | -0.83% |
Volatility
PRAR.DE vs. XGEZ.DE - Volatility Comparison
The current volatility for Amundi Prime Euro Govies UCITS ETF (PRAR.DE) is 1.75%, while Xtrackers II Eurozone Government Green Bond UCITS ETF (XGEZ.DE) has a volatility of 2.47%. This indicates that PRAR.DE experiences smaller price fluctuations and is considered to be less risky than XGEZ.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| PRAR.DE | XGEZ.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.75% | 2.47% | -0.72% |
Volatility (6M)Calculated over the trailing 6-month period | 3.67% | 5.12% | -1.45% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.40% | 6.41% | -2.01% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.22% | 9.92% | -3.70% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.80% | 9.92% | -4.12% |
PRAR.DE vs. XGEZ.DE - Expense Ratio Comparison
PRAR.DE has a 0.05% expense ratio, which is lower than XGEZ.DE's 0.18% 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
PRAR.DE vs. XGEZ.DE - Dividend Comparison
PRAR.DE has not paid dividends to shareholders, while XGEZ.DE's dividend yield for the trailing twelve months is around 2.10%.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
PRAR.DE Amundi Prime Euro Govies UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% |
XGEZ.DE Xtrackers II Eurozone Government Green Bond UCITS ETF | 2.10% | 1.99% | 2.07% | 1.27% |
Frequently Asked Questions
With a correlation of 0.97, PRAR.DE and XGEZ.DE move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
On fees, PRAR.DE is cheaper at 0.05% per year. The better choice depends on whether you care most about return, fees, risk, or income.
PRAR.DE is cheaper with a 0.05% expense ratio, compared with 0.18% for XGEZ.DE.
PRAR.DE tracks Solactive Eurozone Government Bond, while XGEZ.DE tracks iBoxx® EUR Eurozone Sovereigns Green Bonds Capped. They also come from different issuers: Amundi and Xtrackers. Their fees differ too: 0.05% for PRAR.DE and 0.18% for XGEZ.DE.
Find the right allocation for PRAR.DE and XGEZ.DE
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer