PRIR.L vs. IGLS.L
PRIR.L (Amundi Prime Euro Govies UCITS ETF DR (D)) and IGLS.L (iShares UK Gilts 0-5yr UCITS ETF GBP (Dist)) are both European Government Bonds funds - PRIR.L tracks the Bloomberg Euro Agg Govt TR EUR while IGLS.L tracks the FTSE Act UK Cnvt Gilts All Stocks TR GBP. Both are passively managed. Over the past 5 years, PRIR.L returned -2.07%/yr vs 1.32%/yr for IGLS.L. At a 0.37 correlation, their price movements are largely independent. PRIR.L charges 0.05%/yr vs 0.07%/yr for IGLS.L.
Performance
PRIR.L vs. IGLS.L - Performance Comparison
Loading charts...
Different Trading Currencies
PRIR.L is traded in GBp, while IGLS.L is traded in GBP. To make them comparable, the IGLS.L values have been converted to GBp using the latest available exchange rates.
Returns By Period
In the year-to-date period, PRIR.L achieves a -0.78% return, which is significantly lower than IGLS.L's 0.26% return.
PRIR.L
- 1D
- 0.24%
- 1M
- 0.90%
- YTD
- -0.78%
- 6M
- -0.88%
- 1Y
- 2.66%
- 3Y*
- 2.43%
- 5Y*
- -2.07%
- 10Y*
- —
IGLS.L
- 1D
- 0.08%
- 1M
- 0.69%
- YTD
- 0.26%
- 6M
- 0.63%
- 1Y
- 3.12%
- 3Y*
- 4.24%
- 5Y*
- 1.32%
- 10Y*
- 0.89%
PRIR.L vs. IGLS.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
PRIR.L Amundi Prime Euro Govies UCITS ETF DR (D) | -0.78% | 5.74% | -3.03% | 4.65% | -13.31% | -10.41% | 10.86% | 3.33% |
IGLS.L iShares UK Gilts 0-5yr UCITS ETF GBP (Dist) | 0.26% | 5.26% | 2.65% | 4.19% | -4.45% | -1.68% | 1.49% | 0.87% |
Correlation
The correlation between PRIR.L and IGLS.L is 0.52, 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 | 0.52 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.43 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.43 |
Correlation (All Time) Calculated using the full available price history since Apr 17, 2019 | 0.37 |
The correlation between PRIR.L and IGLS.L shifts across timeframes, from 0.37 (all time) to 0.52 (1 year), reflecting how their relationship changes across market environments.
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
PRIR.L vs. IGLS.L — Risk / Return Rank
PRIR.L
IGLS.L
PRIR.L vs. IGLS.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Amundi Prime Euro Govies UCITS ETF DR (D) (PRIR.L) and iShares UK Gilts 0-5yr UCITS ETF GBP (Dist) (IGLS.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.
| PRIR.L | IGLS.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.08 | ||
| Sortino ratioReturn per unit of downside risk | -1.53 | ||
| Omega ratioGain probability vs. loss probability | 1.08 | 1.31 | -0.22 |
| Calmar ratioReturn relative to maximum drawdown | 0.59 | 1.59 | -1.00 |
| Martin ratioReturn relative to average drawdown | 1.36 | 5.45 | -4.10 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| PRIR.L | IGLS.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.49 | 1.56 | -1.08 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.31 | 0.49 | -0.81 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.41 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.12 | 0.69 | -0.81 |
Drawdowns
PRIR.L vs. IGLS.L - Drawdown Comparison
The maximum PRIR.L drawdown since its inception was -25.98%, which is greater than IGLS.L's maximum drawdown of -9.54%. Use the drawdown chart below to compare losses from any high point for PRIR.L and IGLS.L.
Loading charts...
Drawdown Indicators
| PRIR.L | IGLS.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -25.98% | -9.54% | -16.44% |
Max Drawdown (1Y)Largest decline over 1 year | -4.70% | -1.95% | -2.75% |
Max Drawdown (3Y)Largest decline over 3 years | -6.17% | -1.95% | -4.22% |
Max Drawdown (5Y)Largest decline over 5 years | -20.58% | -8.85% | -11.73% |
Max Drawdown (10Y)Largest decline over 10 years | — | -9.54% | — |
Current DrawdownCurrent decline from peak | -18.21% | -0.65% | -17.56% |
Average DrawdownAverage peak-to-trough decline | -18.53% | -1.10% | -17.43% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.01% | 0.57% | +1.44% |
Volatility
PRIR.L vs. IGLS.L - Volatility Comparison
Amundi Prime Euro Govies UCITS ETF DR (D) (PRIR.L) has a higher volatility of 1.81% compared to iShares UK Gilts 0-5yr UCITS ETF GBP (Dist) (IGLS.L) at 0.77%. This indicates that PRIR.L's price experiences larger fluctuations and is considered to be riskier than IGLS.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| PRIR.L | IGLS.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.81% | 0.77% | +1.04% |
Volatility (6M)Calculated over the trailing 6-month period | 4.31% | 1.75% | +2.56% |
Volatility (1Y)Calculated over the trailing 1-year period | 5.71% | 1.99% | +3.72% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 8.66% | 2.67% | +5.99% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 10.68% | 2.18% | +8.50% |
PRIR.L vs. IGLS.L - Expense Ratio Comparison
PRIR.L has a 0.05% expense ratio, which is lower than IGLS.L's 0.07% 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
PRIR.L vs. IGLS.L - Dividend Comparison
PRIR.L's dividend yield for the trailing twelve months is around 2.75%, less than IGLS.L's 3.99% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IGLS.L iShares UK Gilts 0-5yr UCITS ETF GBP (Dist) | 3.99% | 3.88% | 3.67% | 1.62% | 0.30% | 0.25% | 0.53% | 0.46% | 0.33% | 0.53% | 0.88% | 0.48% |
PRIR.L Amundi Prime Euro Govies UCITS ETF DR (D) | 2.75% | 2.72% | 2.07% | 1.88% | 1.83% | 1.57% | 1.64% | 1.05% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
PRIR.L and IGLS.L have a correlation of 0.52, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, PRIR.L is cheaper at 0.05% per year. The better choice depends on whether you care most about return, fees, risk, or income.
PRIR.L is cheaper with a 0.05% expense ratio, compared with 0.07% for IGLS.L.
PRIR.L tracks Bloomberg Euro Agg Govt TR EUR, while IGLS.L tracks FTSE Act UK Cnvt Gilts All Stocks TR GBP. They also come from different issuers: Amundi and iShares. Their fees differ too: 0.05% for PRIR.L and 0.07% for IGLS.L.
Find the right allocation for PRIR.L and IGLS.L
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