PRIG.L vs. XG7S.L

Last updated Jun 4, 2026

PRIG.L (Amundi Prime Global Govies UCITS ETF DR (D)) and XG7S.L (Xtrackers Global Government Bond UCITS ETF 5C) are both Global Bonds funds tracking the Bloomberg Global Aggregate TR USD, from Amundi and Xtrackers respectively. Both are passively managed. Over the past 5 years, PRIG.L returned -2.20%/yr vs -2.34%/yr for XG7S.L. A 0.55 correlation means they provide meaningful diversification when combined. PRIG.L charges 0.05%/yr vs 0.20%/yr for XG7S.L.

Performance

PRIG.L vs. XG7S.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in Amundi Prime Global Govies UCITS ETF DR (D) (PRIG.L) and Xtrackers Global Government Bond UCITS ETF 5C (XG7S.L). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, PRIG.L achieves a -0.94% return, which is significantly higher than XG7S.L's -1.05% return.

PRIG.L

• 1D: -0.02%
• 1M: 0.59%
• YTD: -0.94%
• 6M: -1.58%
• 1Y: 1.28%
• 3Y*: -0.67%
• 5Y*: -2.20%
• 10Y*: —

XG7S.L

• 1D: -0.21%
• 1M: 0.52%
• YTD: -1.05%
• 6M: -1.71%
• 1Y: 1.15%
• 3Y*: -0.67%
• 5Y*: -2.34%
• 10Y*: 0.06%

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

PRIG.L vs. XG7S.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
PRIG.L Amundi Prime Global Govies UCITS ETF DR (D)	-0.94%	-0.19%	-1.79%	-1.09%	-8.28%	-5.90%	5.97%	6.26%
XG7S.L Xtrackers Global Government Bond UCITS ETF 5C	-1.05%	-0.22%	-1.85%	-0.74%	-8.86%	-6.63%	6.73%	4.19%

Correlation

The correlation between PRIG.L and XG7S.L is 0.83, 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	0.83
Correlation (3Y) Calculated over the trailing 3-year period	0.66
Correlation (5Y) Calculated over the trailing 5-year period	0.62
Correlation (All Time) Calculated using the full available price history since Mar 15, 2019	0.55

Over the past year, PRIG.L and XG7S.L have become more correlated (0.83) than their long-term average of 0.55, meaning their price movements have been converging.

Return for Risk

PRIG.L vs. XG7S.L — Risk / Return Rank

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

PRIG.L

PRIG.L Risk / Return Rank: 12
PRIG.L Sharpe Ratio Rank: 13
PRIG.L Sortino Ratio Rank: 12
PRIG.L Omega Ratio Rank: 11
PRIG.L Calmar Ratio Rank: 12
PRIG.L Martin Ratio Rank: 12

XG7S.L

XG7S.L Risk / Return Rank: 11
XG7S.L Sharpe Ratio Rank: 10
XG7S.L Sortino Ratio Rank: 10
XG7S.L Omega Ratio Rank: 14
XG7S.L Calmar Ratio Rank: 10
XG7S.L Martin Ratio Rank: 9

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.

PRIG.L vs. XG7S.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Amundi Prime Global Govies UCITS ETF DR (D) (PRIG.L) and Xtrackers Global Government Bond UCITS ETF 5C (XG7S.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.

	PRIG.L	XG7S.L	Difference
Sharpe ratio: Return per unit of total volatility	0.26	0.06	+0.20
Sortino ratio: Return per unit of downside risk	0.43	0.25	+0.18
Omega ratio: Gain probability vs. loss probability	1.05	1.08	-0.03
Calmar ratio: Return relative to maximum drawdown	0.29	0.08	+0.20
Martin ratio: Return relative to average drawdown	0.55	0.11	+0.44
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

PRIG.L vs. XG7S.L - Sharpe Ratio Comparison

The current PRIG.L Sharpe Ratio is 0.26, which is higher than the XG7S.L Sharpe Ratio of 0.06. The chart below compares the historical Sharpe Ratios of PRIG.L and XG7S.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

	PRIG.L	XG7S.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.26	0.06	+0.20
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.31	-0.26	-0.05
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.01	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.12	0.15	-0.27

Drawdowns

PRIG.L vs. XG7S.L - Drawdown Comparison

The maximum PRIG.L drawdown since its inception was -26.02%, roughly equal to the maximum XG7S.L drawdown of -25.59%. Use the drawdown chart below to compare losses from any high point for PRIG.L and XG7S.L.

Drawdown Indicators

	PRIG.L	XG7S.L	Difference
Max Drawdown Largest peak-to-trough decline	-26.02%	-25.59%	-0.43%
Max Drawdown (1Y) Largest decline over 1 year	-4.46%	-15.40%	+10.94%
Max Drawdown (3Y) Largest decline over 3 years	-5.35%	-15.40%	+10.05%
Max Drawdown (5Y) Largest decline over 5 years	-17.03%	-16.70%	-0.33%
Max Drawdown (10Y) Largest decline over 10 years	—	-25.59%	—
Current Drawdown Current decline from peak	-23.89%	-23.88%	-0.01%
Average Drawdown Average peak-to-trough decline	-16.42%	-15.51%	-0.91%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.31%	10.72%	-8.41%

Volatility

PRIG.L vs. XG7S.L - Volatility Comparison

The current volatility for Amundi Prime Global Govies UCITS ETF DR (D) (PRIG.L) is 1.34%, while Xtrackers Global Government Bond UCITS ETF 5C (XG7S.L) has a volatility of 1.45%. This indicates that PRIG.L experiences smaller price fluctuations and is considered to be less risky than XG7S.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PRIG.L	XG7S.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.34%	1.45%	-0.11%
Volatility (6M) Calculated over the trailing 6-month period	3.53%	3.54%	-0.01%
Volatility (1Y) Calculated over the trailing 1-year period	4.87%	20.76%	-15.89%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	7.13%	14.17%	-7.04%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	7.76%	14.60%	-6.84%

PRIG.L vs. XG7S.L - Expense Ratio Comparison

PRIG.L has a 0.05% expense ratio, which is lower than XG7S.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

PRIG.L vs. XG7S.L - Dividend Comparison

PRIG.L's dividend yield for the trailing twelve months is around 2.99%, while XG7S.L has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
PRIG.L Amundi Prime Global Govies UCITS ETF DR (D)	2.99%	2.96%	2.31%	1.97%	1.72%	1.50%	1.75%	1.23%
XG7S.L Xtrackers Global Government Bond UCITS ETF 5C	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both PRIG.L and XG7S.L in my portfolio?

PRIG.L and XG7S.L have a correlation of 0.83, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, PRIG.L or XG7S.L?

On fees, PRIG.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, PRIG.L or XG7S.L?

PRIG.L is cheaper with a 0.05% expense ratio, compared with 0.20% for XG7S.L.

What is the main difference between PRIG.L and XG7S.L?

Both ETFs track Bloomberg Global Aggregate TR USD. They also come from different issuers: Amundi and Xtrackers. Their fees differ too: 0.05% for PRIG.L and 0.20% for XG7S.L.