PRAZ.DE vs. MVEE.DE
PRAZ.DE (Amundi Prime Eurozone UCITS ETF) and MVEE.DE (iShares Edge MSCI Europe Minimum Volatility ESG UCITS ETF (Acc)) are both Europe Equities funds - PRAZ.DE tracks the Solactive GBS Developed Markets Eurozone Large & Mid Cap while MVEE.DE tracks the MSCI Europe NR EUR. Both are passively managed. Over the past 5 years, PRAZ.DE returned 11.10%/yr vs 6.17%/yr for MVEE.DE. A 0.78 correlation means they provide meaningful diversification when combined. PRAZ.DE charges 0.05%/yr vs 0.25%/yr for MVEE.DE.
Performance
PRAZ.DE vs. MVEE.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, PRAZ.DE achieves a 11.43% return, which is significantly higher than MVEE.DE's 8.14% return.
PRAZ.DE
- 1D
- -0.95%
- 1M
- 2.51%
- YTD
- 11.43%
- 6M
- 12.27%
- 1Y
- 23.86%
- 3Y*
- 17.18%
- 5Y*
- 11.10%
- 10Y*
- —
MVEE.DE
- 1D
- 0.92%
- 1M
- 1.27%
- YTD
- 8.14%
- 6M
- 8.67%
- 1Y
- 11.72%
- 3Y*
- 10.33%
- 5Y*
- 6.17%
- 10Y*
- —
PRAZ.DE vs. MVEE.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
PRAZ.DE Amundi Prime Eurozone UCITS ETF | 11.43% | 24.75% | 9.68% | 19.26% | -11.81% | 26.37% | 29.95% |
MVEE.DE iShares Edge MSCI Europe Minimum Volatility ESG UCITS ETF (Acc) | 8.14% | 8.71% | 8.75% | 12.46% | -15.04% | 23.79% | 13.95% |
Correlation
The correlation between PRAZ.DE and MVEE.DE is 0.57, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.57 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.71 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.75 |
Correlation (All Time) Calculated using the full available price history since Apr 17, 2020 | 0.78 |
Over the past year, the correlation between PRAZ.DE and MVEE.DE has dropped to 0.57 - well below their long-term average of 0.78, suggesting their price drivers have been diverging.
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
PRAZ.DE vs. MVEE.DE — Risk / Return Rank
PRAZ.DE
MVEE.DE
PRAZ.DE vs. MVEE.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Amundi Prime Eurozone UCITS ETF (PRAZ.DE) and iShares Edge MSCI Europe Minimum Volatility ESG UCITS ETF (Acc) (MVEE.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.
| PRAZ.DE | MVEE.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.40 | ||
| Sortino ratioReturn per unit of downside risk | +0.63 | ||
| Omega ratioGain probability vs. loss probability | 1.29 | 1.22 | +0.08 |
| Calmar ratioReturn relative to maximum drawdown | 2.28 | 1.58 | +0.70 |
| Martin ratioReturn relative to average drawdown | 8.54 | 5.45 | +3.09 |
Loading charts...
Drawdowns
PRAZ.DE vs. MVEE.DE - Drawdown Comparison
The maximum PRAZ.DE drawdown since its inception was -39.91%, which is greater than MVEE.DE's maximum drawdown of -20.19%. Use the drawdown chart below to compare losses from any high point for PRAZ.DE and MVEE.DE.
Loading charts...
Drawdown Indicators
| PRAZ.DE | MVEE.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -39.91% | -20.19% | -19.72% |
Max Drawdown (1Y)Largest decline over 1 year | -10.42% | -7.40% | -3.02% |
Max Drawdown (3Y)Largest decline over 3 years | -15.47% | -12.19% | -3.28% |
Max Drawdown (5Y)Largest decline over 5 years | -24.11% | -20.19% | -3.92% |
Current DrawdownCurrent decline from peak | -1.64% | 0.00% | -1.64% |
Average DrawdownAverage peak-to-trough decline | -6.22% | -4.50% | -1.72% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.79% | 2.15% | +0.64% |
Volatility
PRAZ.DE vs. MVEE.DE - Volatility Comparison
Amundi Prime Eurozone UCITS ETF (PRAZ.DE) has a higher volatility of 3.71% compared to iShares Edge MSCI Europe Minimum Volatility ESG UCITS ETF (Acc) (MVEE.DE) at 2.19%. This indicates that PRAZ.DE's price experiences larger fluctuations and is considered to be riskier than MVEE.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| PRAZ.DE | MVEE.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.71% | 2.19% | +1.52% |
Volatility (6M)Calculated over the trailing 6-month period | 12.55% | 8.16% | +4.39% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.03% | 9.93% | +5.10% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.02% | 12.08% | +4.94% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.06% | 12.47% | +7.59% |
PRAZ.DE vs. MVEE.DE - Expense Ratio Comparison
PRAZ.DE has a 0.05% expense ratio, which is lower than MVEE.DE's 0.25% 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
PRAZ.DE vs. MVEE.DE - Dividend Comparison
Neither PRAZ.DE nor MVEE.DE has paid dividends to shareholders.
Frequently Asked Questions
PRAZ.DE and MVEE.DE have a correlation of 0.57, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, PRAZ.DE is cheaper at 0.05% per year. The better choice depends on whether you care most about return, fees, risk, or income.
PRAZ.DE is cheaper with a 0.05% expense ratio, compared with 0.25% for MVEE.DE.
PRAZ.DE tracks Solactive GBS Developed Markets Eurozone Large & Mid Cap, while MVEE.DE tracks MSCI Europe NR EUR. They also come from different issuers: Amundi and iShares. Their fees differ too: 0.05% for PRAZ.DE and 0.25% for MVEE.DE.
Find the right allocation for PRAZ.DE and MVEE.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