PSFE.DE vs. ECR1.DE
PSFE.DE (Invesco Euro Corporate Bond UCITS ETF Dist) and ECR1.DE (Amundi Euro Corporate 0-1Y ESG UCITS ETF) are both European Corporate Bonds funds - PSFE.DE tracks the Bloomberg Euro Corporate Bond while ECR1.DE tracks the iBoxx® MSCI ESG EUR Corporates 0-1. Both are passively managed. Over the past 5 years, PSFE.DE returned 0.02%/yr vs 1.93%/yr for ECR1.DE. At a 0.22 correlation, their price movements are largely independent. PSFE.DE charges 0.10%/yr vs 0.08%/yr for ECR1.DE.
Performance
PSFE.DE vs. ECR1.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, PSFE.DE achieves a 0.57% return, which is significantly lower than ECR1.DE's 0.81% return.
PSFE.DE
- 1D
- 0.11%
- 1M
- 0.29%
- YTD
- 0.57%
- 6M
- 0.52%
- 1Y
- 2.18%
- 3Y*
- 4.54%
- 5Y*
- 0.02%
- 10Y*
- —
ECR1.DE
- 1D
- -0.04%
- 1M
- 0.15%
- YTD
- 0.81%
- 6M
- 0.98%
- 1Y
- 2.05%
- 3Y*
- 3.16%
- 5Y*
- 1.93%
- 10Y*
- —
PSFE.DE vs. ECR1.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
PSFE.DE Invesco Euro Corporate Bond UCITS ETF Dist | 0.57% | 3.04% | 4.16% | 7.18% | -13.28% | -0.01% |
ECR1.DE Amundi Euro Corporate 0-1Y ESG UCITS ETF | 0.81% | 2.49% | 3.92% | 3.16% | -0.51% | -0.31% |
Correlation
The correlation between PSFE.DE and ECR1.DE is 0.18, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.18 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.20 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.22 |
Correlation (All Time) Calculated using the full available price history since Mar 31, 2021 | 0.22 |
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
PSFE.DE vs. ECR1.DE — Risk / Return Rank
PSFE.DE
ECR1.DE
PSFE.DE vs. ECR1.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Euro Corporate Bond UCITS ETF Dist (PSFE.DE) and Amundi Euro Corporate 0-1Y ESG UCITS ETF (ECR1.DE). 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.
| PSFE.DE | ECR1.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -3.16 | ||
| Sortino ratioReturn per unit of downside risk | -5.82 | ||
| Omega ratioGain probability vs. loss probability | 1.11 | 1.80 | -0.69 |
| Calmar ratioReturn relative to maximum drawdown | 0.68 | 22.26 | -21.58 |
| Martin ratioReturn relative to average drawdown | 2.30 | 77.85 | -75.55 |
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
| PSFE.DE | ECR1.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.59 | 3.75 | -3.16 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.00 | 3.02 | -3.01 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.15 | 2.86 | -2.71 |
Drawdowns
PSFE.DE vs. ECR1.DE - Drawdown Comparison
The maximum PSFE.DE drawdown since its inception was -17.18%, which is greater than ECR1.DE's maximum drawdown of -1.49%. Use the drawdown chart below to compare losses from any high point for PSFE.DE and ECR1.DE.
Loading charts...
Drawdown Indicators
| PSFE.DE | ECR1.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -17.18% | -1.49% | -15.69% |
Max Drawdown (1Y)Largest decline over 1 year | -2.71% | -0.09% | -2.62% |
Max Drawdown (3Y)Largest decline over 3 years | -2.71% | -0.18% | -2.53% |
Max Drawdown (5Y)Largest decline over 5 years | -17.18% | -1.32% | -15.86% |
Current DrawdownCurrent decline from peak | -1.40% | -0.05% | -1.35% |
Average DrawdownAverage peak-to-trough decline | -4.73% | -0.27% | -4.46% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.80% | 0.03% | +0.77% |
Volatility
PSFE.DE vs. ECR1.DE - Volatility Comparison
Invesco Euro Corporate Bond UCITS ETF Dist (PSFE.DE) has a higher volatility of 1.19% compared to Amundi Euro Corporate 0-1Y ESG UCITS ETF (ECR1.DE) at 0.11%. This indicates that PSFE.DE's price experiences larger fluctuations and is considered to be riskier than ECR1.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| PSFE.DE | ECR1.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.19% | 0.11% | +1.08% |
Volatility (6M)Calculated over the trailing 6-month period | 2.76% | 0.37% | +2.39% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.14% | 0.54% | +2.60% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.38% | 0.63% | +3.75% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.65% | 0.63% | +4.02% |
PSFE.DE vs. ECR1.DE - Expense Ratio Comparison
PSFE.DE has a 0.10% expense ratio, which is higher than ECR1.DE's 0.08% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
PSFE.DE vs. ECR1.DE - Dividend Comparison
PSFE.DE's dividend yield for the trailing twelve months is around 3.29%, while ECR1.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
ECR1.DE Amundi Euro Corporate 0-1Y ESG UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
PSFE.DE Invesco Euro Corporate Bond UCITS ETF Dist | 3.29% | 3.32% | 3.50% | 2.97% | 1.00% | 0.54% | 0.77% | 0.71% | 0.58% |
Frequently Asked Questions
PSFE.DE and ECR1.DE have a correlation of 0.18, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, ECR1.DE is cheaper at 0.08% per year. The better choice depends on whether you care most about return, fees, risk, or income.
ECR1.DE is cheaper with a 0.08% expense ratio, compared with 0.10% for PSFE.DE.
PSFE.DE tracks Bloomberg Euro Corporate Bond, while ECR1.DE tracks iBoxx® MSCI ESG EUR Corporates 0-1. They also come from different issuers: Invesco and Amundi. Their fees differ too: 0.10% for PSFE.DE and 0.08% for ECR1.DE.
Find the right allocation for PSFE.DE and ECR1.DE
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