PRIC.L vs. EEXF.L

Last updated Jul 16, 2026

PRIC.L (Amundi Prime Euro Corporates UCITS ETF DR (D)) and EEXF.L (iShares € Corp Bond ex-Financials UCITS ETF EUR (Dist)) are both European Corporate Bonds funds - PRIC.L tracks the Bloomberg Euro Corp TR EUR while EEXF.L tracks the Bloomberg Euro Corporate ex-Financials Bond Index (EUR). Both are passively managed. Over the past 5 years, PRIC.L returned -0.40%/yr vs -0.93%/yr for EEXF.L. With a 0.97 correlation, they move nearly in lockstep. PRIC.L charges 0.05%/yr vs 0.20%/yr for EEXF.L.

Performance

PRIC.L vs. EEXF.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in Amundi Prime Euro Corporates UCITS ETF DR (D) (PRIC.L) and iShares € Corp Bond ex-Financials UCITS ETF EUR (Dist) (EEXF.L). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

PRIC.L is traded in GBp, while EEXF.L is traded in GBP. To make them comparable, the EEXF.L values have been converted to GBp using the latest available exchange rates.

Returns By Period

In the year-to-date period, PRIC.L achieves a -2.38% return, which is significantly higher than EEXF.L's -3.85% return.

PRIC.L

• 1D: -0.77%
• 1M: -2.21%
• 6M: -2.01%
• YTD: -2.38%
• 1Y: -0.65%
• 3Y*: 4.09%
• 5Y*: -0.40%
• 10Y*: —

EEXF.L

• 1D: -0.68%
• 1M: -2.20%
• 6M: -3.46%
• YTD: -3.85%
• 1Y: -2.30%
• 3Y*: 3.04%
• 5Y*: -0.93%
• 10Y*: 0.60%

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

PRIC.L vs. EEXF.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
PRIC.L Amundi Prime Euro Corporates UCITS ETF DR (D)	-2.38%	8.44%	-0.43%	5.40%	-9.07%	-7.58%	8.07%	-10.77%
EEXF.L iShares € Corp Bond ex-Financials UCITS ETF EUR (Dist)	-3.85%	7.88%	-1.05%	5.23%	-8.74%	-7.78%	8.67%	2.09%

Correlation

The correlation between PRIC.L and EEXF.L 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 (5Y) Calculated over the trailing 5-year period	0.98
Correlation (All Time) Calculated using the full available price history since Feb 5, 2019	0.97

The correlation between PRIC.L and EEXF.L has been stable across timeframes, ranging from 0.97 to 0.98 - a consistent structural relationship.

Return for Risk

PRIC.L vs. EEXF.L — Risk / Return Rank

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

PRIC.L

PRIC.L Risk / Return Rank: 7
PRIC.L Sharpe Ratio Rank: 8
PRIC.L Sortino Ratio Rank: 7
PRIC.L Omega Ratio Rank: 7
PRIC.L Calmar Ratio Rank: 8
PRIC.L Martin Ratio Rank: 7

EEXF.L

EEXF.L Risk / Return Rank: 5
EEXF.L Sharpe Ratio Rank: 5
EEXF.L Sortino Ratio Rank: 5
EEXF.L Omega Ratio Rank: 5
EEXF.L Calmar Ratio Rank: 5
EEXF.L Martin Ratio Rank: 5

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.

PRIC.L vs. EEXF.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Amundi Prime Euro Corporates UCITS ETF DR (D) (PRIC.L) and iShares € Corp Bond ex-Financials UCITS ETF EUR (Dist) (EEXF.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.

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.

	PRIC.L	EEXF.L	Difference
Sharpe ratio: Return per unit of total volatility	-0.14	-0.51	+0.38
Sortino ratio: Return per unit of downside risk	-0.16	-0.66	+0.50
Omega ratio: Gain probability vs. loss probability	0.98	0.92	+0.06
Calmar ratio: Return relative to maximum drawdown	-0.16	-0.48	+0.32
Martin ratio: Return relative to average drawdown	-0.37	-0.98	+0.61

PRIC.L vs. EEXF.L - Sharpe Ratio Comparison

The current PRIC.L Sharpe Ratio is -0.14, which is higher than the EEXF.L Sharpe Ratio of -0.51. The chart below compares the historical Sharpe Ratios of PRIC.L and EEXF.L, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

PRIC.L vs. EEXF.L - Drawdown Comparison

The maximum PRIC.L drawdown since its inception was -23.77%, which is greater than EEXF.L's maximum drawdown of -21.79%. Use the drawdown chart below to compare losses from any high point for PRIC.L and EEXF.L.

Drawdown Indicators

	PRIC.L	EEXF.L	Difference
Max Drawdown Largest peak-to-trough decline	-23.77%	-21.79%	-1.98%
Max Drawdown (1Y) Largest decline over 1 year	-4.06%	-5.22%	+1.16%
Max Drawdown (3Y) Largest decline over 3 years	-4.06%	-5.22%	+1.16%
Max Drawdown (5Y) Largest decline over 5 years	-17.37%	-17.09%	-0.28%
Max Drawdown (10Y) Largest decline over 10 years	—	-21.79%	—
Current Drawdown Current decline from peak	-10.61%	-10.99%	+0.38%
Average Drawdown Average peak-to-trough decline	-12.73%	-8.24%	-4.49%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.74%	2.56%	-0.82%

Volatility

PRIC.L vs. EEXF.L - Volatility Comparison

Amundi Prime Euro Corporates UCITS ETF DR (D) (PRIC.L) and iShares € Corp Bond ex-Financials UCITS ETF EUR (Dist) (EEXF.L) have volatilities of 1.26% and 1.22%, 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.

Volatility by Period

	PRIC.L	EEXF.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.26%	1.22%	+0.04%
Volatility (6M) Calculated over the trailing 6-month period	3.70%	4.02%	-0.32%
Volatility (1Y) Calculated over the trailing 1-year period	4.63%	4.88%	-0.25%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	6.21%	6.29%	-0.08%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	8.87%	7.36%	+1.51%

PRIC.L vs. EEXF.L - Expense Ratio Comparison

PRIC.L has a 0.05% expense ratio, which is lower than EEXF.L's 0.20% 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

PRIC.L vs. EEXF.L - Dividend Comparison

PRIC.L's dividend yield for the trailing twelve months is around 2.62%, less than EEXF.L's 2.85% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
EEXF.L iShares € Corp Bond ex-Financials UCITS ETF EUR (Dist)	2.85%	2.59%	2.30%	1.49%	0.86%	0.84%	0.86%	1.31%	1.34%	1.40%	1.70%	1.00%
PRIC.L Amundi Prime Euro Corporates UCITS ETF DR (D)	2.62%	2.56%	2.18%	1.78%	1.42%	1.32%	1.37%	1.02%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both PRIC.L and EEXF.L in my portfolio?

With a correlation of 0.97, PRIC.L and EEXF.L 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.

Which ETF is better, PRIC.L or EEXF.L?

On fees, PRIC.L is cheaper at 0.05% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, PRIC.L or EEXF.L?

PRIC.L is cheaper with a 0.05% expense ratio, compared with 0.20% for EEXF.L.

What is the main difference between PRIC.L and EEXF.L?

PRIC.L tracks Bloomberg Euro Corp TR EUR, while EEXF.L tracks Bloomberg Euro Corporate ex-Financials Bond Index (EUR). They also come from different issuers: Amundi and iShares. Their fees differ too: 0.05% for PRIC.L and 0.20% for EEXF.L.