PRUS.L vs. FRXD.L
PRUS.L (Invesco RAFI US Fundamental Value UCITS ETF USD (Dist)) and FRXD.L (Franklin European Quality Dividend UCITS ETF EUR (Dist)) are both exchange-traded funds - PRUS.L is a Large Cap Value Equities fund tracking the RAFI Fundamental US Index (USD), while FRXD.L is a Europe Equities fund tracking the LibertyQ European Dividend Index-NR. Both are passively managed. Over the past 5 years, PRUS.L returned 12.75%/yr vs 11.86%/yr for FRXD.L. A 0.59 correlation means they provide meaningful diversification when combined. PRUS.L charges 0.39%/yr vs 0.25%/yr for FRXD.L.
Performance
PRUS.L vs. FRXD.L - Performance Comparison
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Different Trading Currencies
PRUS.L is traded in USD, while FRXD.L is traded in EUR. To make them comparable, the FRXD.L values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, PRUS.L achieves a 16.68% return, which is significantly higher than FRXD.L's 9.92% return.
PRUS.L
- 1D
- -0.42%
- 1M
- 0.81%
- 6M
- 13.26%
- YTD
- 16.68%
- 1Y
- 29.25%
- 3Y*
- 19.04%
- 5Y*
- 12.75%
- 10Y*
- 13.00%
FRXD.L
- 1D
- 0.75%
- 1M
- -0.26%
- 6M
- 10.22%
- YTD
- 9.92%
- 1Y
- 18.70%
- 3Y*
- 20.09%
- 5Y*
- 11.86%
- 10Y*
- —
PRUS.L vs. FRXD.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PRUS.L Invesco RAFI US Fundamental Value UCITS ETF USD (Dist) | 16.68% | 16.58% | 16.26% | 15.94% | -8.01% | 31.11% | 6.81% | 26.43% | -9.46% | 10.92% |
FRXD.L Franklin European Quality Dividend UCITS ETF EUR (Dist) | 9.92% | 40.67% | 5.78% | 13.81% | -6.02% | 9.28% | 4.18% | 22.05% | -13.54% | -0.85% |
Correlation
The correlation between PRUS.L and FRXD.L is 0.41, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.41 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.41 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.55 |
Correlation (All Time) Calculated using the full available price history since Sep 8, 2017 | 0.59 |
The correlation between PRUS.L and FRXD.L shifts across timeframes, from 0.41 (3 years) to 0.59 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
PRUS.L vs. FRXD.L — Risk / Return Rank
PRUS.L
FRXD.L
PRUS.L vs. FRXD.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco RAFI US Fundamental Value UCITS ETF USD (Dist) (PRUS.L) and Franklin European Quality Dividend UCITS ETF EUR (Dist) (FRXD.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.
| PRUS.L | FRXD.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.21 | ||
| Sortino ratioReturn per unit of downside risk | +1.95 | ||
| Omega ratioGain probability vs. loss probability | 1.55 | 1.30 | +0.24 |
| Calmar ratioReturn relative to maximum drawdown | 4.86 | 3.92 | +0.94 |
| Martin ratioReturn relative to average drawdown | 18.47 | 8.88 | +9.59 |
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Drawdowns
PRUS.L vs. FRXD.L - Drawdown Comparison
The maximum PRUS.L drawdown since its inception was -57.16%, which is greater than FRXD.L's maximum drawdown of -36.94%. Use the drawdown chart below to compare losses from any high point for PRUS.L and FRXD.L.
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Drawdown Indicators
| PRUS.L | FRXD.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -57.16% | -36.94% | -20.22% |
Max Drawdown (1Y)Largest decline over 1 year | -5.99% | -4.75% | -1.24% |
Max Drawdown (3Y)Largest decline over 3 years | -16.52% | -10.09% | -6.43% |
Max Drawdown (5Y)Largest decline over 5 years | -19.36% | -26.28% | +6.92% |
Max Drawdown (10Y)Largest decline over 10 years | -37.86% | — | — |
Current DrawdownCurrent decline from peak | -0.42% | -2.25% | +1.83% |
Average DrawdownAverage peak-to-trough decline | -6.70% | -6.09% | -0.61% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.58% | 2.10% | -0.52% |
Volatility
PRUS.L vs. FRXD.L - Volatility Comparison
The current volatility for Invesco RAFI US Fundamental Value UCITS ETF USD (Dist) (PRUS.L) is 1.77%, while Franklin European Quality Dividend UCITS ETF EUR (Dist) (FRXD.L) has a volatility of 2.70%. This indicates that PRUS.L experiences smaller price fluctuations and is considered to be less risky than FRXD.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PRUS.L | FRXD.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.77% | 2.70% | -0.93% |
Volatility (6M)Calculated over the trailing 6-month period | 7.40% | 8.58% | -1.18% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.05% | 10.98% | -0.93% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.83% | 14.45% | +0.38% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.18% | 15.62% | +0.56% |
PRUS.L vs. FRXD.L - Expense Ratio Comparison
PRUS.L has a 0.39% expense ratio, which is higher than FRXD.L's 0.25% expense ratio.
Dividends
PRUS.L vs. FRXD.L - Dividend Comparison
PRUS.L's dividend yield for the trailing twelve months is around 1.16%, less than FRXD.L's 3.91% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FRXD.L Franklin European Quality Dividend UCITS ETF EUR (Dist) | 3.91% | 4.28% | 4.30% | 5.00% | 5.20% | 4.63% | 3.53% | 4.42% | 5.53% | 0.00% | 0.00% | 0.00% |
PRUS.L Invesco RAFI US Fundamental Value UCITS ETF USD (Dist) | 1.16% | 1.36% | 1.49% | 1.56% | 1.72% | 1.32% | 1.66% | 1.64% | 1.83% | 1.55% | 1.62% | 1.68% |
Frequently Asked Questions
PRUS.L and FRXD.L have a correlation of 0.41, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, FRXD.L is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.
FRXD.L is cheaper with a 0.25% expense ratio, compared with 0.39% for PRUS.L.
PRUS.L is categorized as Large Cap Value Equities, while FRXD.L is Europe Equities. PRUS.L tracks RAFI Fundamental US Index (USD), while FRXD.L tracks LibertyQ European Dividend Index-NR. They also come from different issuers: Invesco and Franklin. Their fees differ too: 0.39% for PRUS.L and 0.25% for FRXD.L.
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