PRIP.L vs. VUCP.L

Last updated Jun 4, 2026

PRIP.L (Amundi Prime US Corporates UCITS ETF DR (D)) and VUCP.L (Vanguard USD Corporate Bond UCITS ETF Distributing) are both Corporate Bonds funds tracking the Bloomberg US Corp Bond TR USD, from Amundi and Vanguard respectively. Both are passively managed. Over the past year, PRIP.L returned 1.83% vs 5.18% for VUCP.L. Their correlation of 0.94 suggests significant overlap in exposure. PRIP.L charges 0.05%/yr vs 0.09%/yr for VUCP.L.

Performance

PRIP.L vs. VUCP.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in Amundi Prime US Corporates UCITS ETF DR (D) (PRIP.L) and Vanguard USD Corporate Bond UCITS ETF Distributing (VUCP.L). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

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

Returns By Period

In the year-to-date period, PRIP.L achieves a -0.05% return, which is significantly higher than VUCP.L's -0.23% return.

PRIP.L

• 1D: -0.13%
• 1M: 1.71%
• YTD: -0.05%
• 6M: -5.09%
• 1Y: 1.83%
• 3Y*: —
• 5Y*: —
• 10Y*: —

VUCP.L

• 1D: 0.29%
• 1M: 1.74%
• YTD: -0.23%
• 6M: -0.79%
• 1Y: 5.18%
• 3Y*: 1.89%
• 5Y*: 0.96%
• 10Y*: 2.71%

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

PRIP.L vs. VUCP.L - Yearly Performance Comparison

	2026 (YTD)	2025
PRIP.L Amundi Prime US Corporates UCITS ETF DR (D)	-0.05%	0.86%
VUCP.L Vanguard USD Corporate Bond UCITS ETF Distributing	-0.23%	4.72%

Correlation

The correlation between PRIP.L and VUCP.L is 0.94, 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	0.94
Correlation (All Time) Calculated using the full available price history since Apr 29, 2025	0.95

The correlation between PRIP.L and VUCP.L has been stable across timeframes, ranging from 0.94 to 0.94 - a consistent structural relationship.

Return for Risk

PRIP.L vs. VUCP.L — Risk / Return Rank

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

PRIP.L

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

VUCP.L

VUCP.L Risk / Return Rank: 24
VUCP.L Sharpe Ratio Rank: 26
VUCP.L Sortino Ratio Rank: 26
VUCP.L Omega Ratio Rank: 24
VUCP.L Calmar Ratio Rank: 25
VUCP.L Martin Ratio Rank: 21

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.

PRIP.L vs. VUCP.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Amundi Prime US Corporates UCITS ETF DR (D) (PRIP.L) and Vanguard USD Corporate Bond UCITS ETF Distributing (VUCP.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.

	PRIP.L	VUCP.L	Difference
Sharpe ratio: Return per unit of total volatility	0.23	0.95	-0.71
Sortino ratio: Return per unit of downside risk	0.34	1.43	-1.08
Omega ratio: Gain probability vs. loss probability	1.05	1.16	-0.11
Calmar ratio: Return relative to maximum drawdown	0.20	1.14	-0.94
Martin ratio: Return relative to average drawdown	0.37	2.59	-2.22
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

PRIP.L vs. VUCP.L - Sharpe Ratio Comparison

The current PRIP.L Sharpe Ratio is 0.23, which is lower than the VUCP.L Sharpe Ratio of 0.95. The chart below compares the historical Sharpe Ratios of PRIP.L and VUCP.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

	PRIP.L	VUCP.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.23	0.95	-0.71
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.11	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.27	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.09	0.27	-0.18

Drawdowns

PRIP.L vs. VUCP.L - Drawdown Comparison

The maximum PRIP.L drawdown since its inception was -9.14%, smaller than the maximum VUCP.L drawdown of -16.84%. Use the drawdown chart below to compare losses from any high point for PRIP.L and VUCP.L.

Drawdown Indicators

	PRIP.L	VUCP.L	Difference
Max Drawdown Largest peak-to-trough decline	-9.14%	-16.84%	+7.70%
Max Drawdown (1Y) Largest decline over 1 year	-9.14%	-5.00%	-4.14%
Max Drawdown (3Y) Largest decline over 3 years	—	-9.00%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-13.14%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-16.84%	—
Current Drawdown Current decline from peak	-6.78%	-7.92%	+1.14%
Average Drawdown Average peak-to-trough decline	-3.49%	-7.67%	+4.18%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.95%	2.20%	+2.75%

Volatility

PRIP.L vs. VUCP.L - Volatility Comparison

Amundi Prime US Corporates UCITS ETF DR (D) (PRIP.L) and Vanguard USD Corporate Bond UCITS ETF Distributing (VUCP.L) have volatilities of 1.68% and 1.73%, 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

	PRIP.L	VUCP.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.68%	1.73%	-0.05%
Volatility (6M) Calculated over the trailing 6-month period	6.61%	4.46%	+2.15%
Volatility (1Y) Calculated over the trailing 1-year period	7.82%	6.05%	+1.77%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	7.90%	8.51%	-0.61%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	7.90%	9.92%	-2.02%

PRIP.L vs. VUCP.L - Expense Ratio Comparison

PRIP.L has a 0.05% expense ratio, which is lower than VUCP.L's 0.09% 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

PRIP.L vs. VUCP.L - Dividend Comparison

PRIP.L has not paid dividends to shareholders, while VUCP.L's dividend yield for the trailing twelve months is around 3.86%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
PRIP.L Amundi Prime US Corporates UCITS ETF DR (D)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
VUCP.L Vanguard USD Corporate Bond UCITS ETF Distributing	3.86%	4.02%	4.73%	3.57%	2.79%	1.85%	2.36%	2.64%	2.58%	2.57%	1.73%

Frequently Asked Questions

Can I hold both PRIP.L and VUCP.L in my portfolio?

With a correlation of 0.94, PRIP.L and VUCP.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, PRIP.L or VUCP.L?

On fees, PRIP.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, PRIP.L or VUCP.L?

PRIP.L is cheaper with a 0.05% expense ratio, compared with 0.09% for VUCP.L.

What is the main difference between PRIP.L and VUCP.L?

Both ETFs track Bloomberg US Corp Bond TR USD. They also come from different issuers: Amundi and Vanguard. Their fees differ too: 0.05% for PRIP.L and 0.09% for VUCP.L.