PRIE.L vs. SX5S.L

Last updated Jun 5, 2026

PRIE.L (Amundi Prime Europe UCITS ETF DR (D)) and SX5S.L (Invesco EURO STOXX 50 UCITS ETF) are both Europe Equities funds - PRIE.L tracks the MSCI Europe NR EUR while SX5S.L tracks the MSCI EMU NR EUR. Both are passively managed. Over the past 5 years, PRIE.L returned 7.25%/yr vs 11.51%/yr for SX5S.L. Their correlation of 0.86 suggests significant overlap in exposure. Both charge a 0.05% expense ratio.

Performance

PRIE.L vs. SX5S.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in Amundi Prime Europe UCITS ETF DR (D) (PRIE.L) and Invesco EURO STOXX 50 UCITS ETF (SX5S.L). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, PRIE.L achieves a 6.91% return, which is significantly higher than SX5S.L's 6.46% return.

PRIE.L

• 1D: 0.53%
• 1M: 3.65%
• YTD: 6.91%
• 6M: 6.51%
• 1Y: 16.99%
• 3Y*: 10.92%
• 5Y*: 7.25%
• 10Y*: —

SX5S.L

• 1D: 0.35%
• 1M: 4.85%
• YTD: 6.46%
• 6M: 7.51%
• 1Y: 18.61%
• 3Y*: 15.51%
• 5Y*: 11.51%
• 10Y*: 11.41%

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

PRIE.L vs. SX5S.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
PRIE.L Amundi Prime Europe UCITS ETF DR (D)	6.91%	22.93%	1.02%	10.15%	-6.60%	14.84%	-0.22%	9.43%
SX5S.L Invesco EURO STOXX 50 UCITS ETF	6.46%	27.68%	6.13%	19.91%	-3.67%	14.48%	2.12%	16.51%

Correlation

The correlation between PRIE.L and SX5S.L is 0.92, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.92
Correlation (3Y) Calculated over the trailing 3-year period	0.90
Correlation (5Y) Calculated over the trailing 5-year period	0.90
Correlation (All Time) Calculated using the full available price history since Mar 15, 2019	0.86

The correlation between PRIE.L and SX5S.L has been stable across timeframes, ranging from 0.86 to 0.92 - a consistent structural relationship.

PRIE.L vs. SX5S.L - Sectors Allocation Comparison

Sectors	PRIE.L	SX5S.L
Financial Services	24.2%	25.1%
Industrials	19.2%	22.1%
Healthcare	13.4%	5.4%
Technology	9.4%	16.1%
Consumer Defensive	8.4%	5.5%
Consumer Cyclical	6.5%	9.8%
Energy	5.2%	5.2%
Basic Materials	5.2%	3.7%
Utilities	4.6%	4.8%
Communication Services	3.3%	2.3%
Real Estate	0.6%	-

Return for Risk

PRIE.L vs. SX5S.L — Risk / Return Rank

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

PRIE.L

PRIE.L Risk / Return Rank: 37
PRIE.L Sharpe Ratio Rank: 39
PRIE.L Sortino Ratio Rank: 37
PRIE.L Omega Ratio Rank: 41
PRIE.L Calmar Ratio Rank: 33
PRIE.L Martin Ratio Rank: 37

SX5S.L

SX5S.L Risk / Return Rank: 35
SX5S.L Sharpe Ratio Rank: 35
SX5S.L Sortino Ratio Rank: 35
SX5S.L Omega Ratio Rank: 35
SX5S.L Calmar Ratio Rank: 34
SX5S.L Martin Ratio Rank: 36

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.

PRIE.L vs. SX5S.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Amundi Prime Europe UCITS ETF DR (D) (PRIE.L) and Invesco EURO STOXX 50 UCITS ETF (SX5S.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.

	PRIE.L	SX5S.L	Difference
Sharpe ratio: Return per unit of total volatility	1.36	1.23	+0.13
Sortino ratio: Return per unit of downside risk	1.90	1.83	+0.07
Omega ratio: Gain probability vs. loss probability	1.26	1.23	+0.03
Calmar ratio: Return relative to maximum drawdown	1.60	1.62	-0.02
Martin ratio: Return relative to average drawdown	5.58	5.40	+0.18
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

PRIE.L vs. SX5S.L - Sharpe Ratio Comparison

The current PRIE.L Sharpe Ratio is 1.36, which is comparable to the SX5S.L Sharpe Ratio of 1.23. The chart below compares the historical Sharpe Ratios of PRIE.L and SX5S.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.

Sharpe Ratios by Period

	PRIE.L	SX5S.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.36	1.23	+0.13
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.51	0.69	-0.18
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.73	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.49	0.59	-0.10

Drawdowns

PRIE.L vs. SX5S.L - Drawdown Comparison

The maximum PRIE.L drawdown since its inception was -28.92%, smaller than the maximum SX5S.L drawdown of -32.54%. Use the drawdown chart below to compare losses from any high point for PRIE.L and SX5S.L.

Drawdown Indicators

	PRIE.L	SX5S.L	Difference
Max Drawdown Largest peak-to-trough decline	-28.92%	-32.54%	+3.62%
Max Drawdown (1Y) Largest decline over 1 year	-10.55%	-11.43%	+0.88%
Max Drawdown (3Y) Largest decline over 3 years	-13.25%	-13.85%	+0.60%
Max Drawdown (5Y) Largest decline over 5 years	-17.75%	-21.71%	+3.96%
Max Drawdown (10Y) Largest decline over 10 years	—	-32.54%	—
Current Drawdown Current decline from peak	-1.14%	-0.57%	-0.57%
Average Drawdown Average peak-to-trough decline	-4.71%	-5.44%	+0.73%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.04%	3.44%	-0.40%

Volatility

PRIE.L vs. SX5S.L - Volatility Comparison

The current volatility for Amundi Prime Europe UCITS ETF DR (D) (PRIE.L) is 4.12%, while Invesco EURO STOXX 50 UCITS ETF (SX5S.L) has a volatility of 4.90%. This indicates that PRIE.L experiences smaller price fluctuations and is considered to be less risky than SX5S.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PRIE.L	SX5S.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.12%	4.90%	-0.78%
Volatility (6M) Calculated over the trailing 6-month period	10.54%	12.23%	-1.69%
Volatility (1Y) Calculated over the trailing 1-year period	12.44%	15.09%	-2.65%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.21%	17.62%	-3.41%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.99%	19.88%	-3.89%

PRIE.L vs. SX5S.L - Expense Ratio Comparison

Both PRIE.L and SX5S.L 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%.

Dividends

PRIE.L vs. SX5S.L - Dividend Comparison

PRIE.L's dividend yield for the trailing twelve months is around 0.02%, while SX5S.L has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
PRIE.L Amundi Prime Europe UCITS ETF DR (D)	0.02%	0.03%	0.03%	0.03%	0.03%	0.02%	0.02%	0.03%
SX5S.L Invesco EURO STOXX 50 UCITS ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both PRIE.L and SX5S.L in my portfolio?

With a correlation of 0.92, PRIE.L and SX5S.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, PRIE.L or SX5S.L?

Both ETFs have the same 0.05% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, PRIE.L or SX5S.L?

PRIE.L and SX5S.L have the same expense ratio: 0.05% per year.

What is the main difference between PRIE.L and SX5S.L?

PRIE.L tracks MSCI Europe NR EUR, while SX5S.L tracks MSCI EMU NR EUR. They also come from different issuers: Amundi and Invesco.