SGEA.L vs. PR1T.L

Last updated Jul 16, 2026

SGEA.L (iShares Emerging Asia Local Govt Bond UCITS ETF USD (Dist)) and PR1T.L (Amundi Prime US Treasury Bond 0-1 Y UCITS ETF DR USD (C)) are both Government Bonds funds - SGEA.L tracks the iShares Emerging Asia Local Govt Bond UCITS ETF USD (Dist) while PR1T.L tracks the Solactive US Treasury 0-1 Year Bond Index. Both are passively managed. Over the past 5 years, SGEA.L returned 0.02%/yr vs 3.68%/yr for PR1T.L. A 0.55 correlation means they provide meaningful diversification when combined. SGEA.L charges 0.50%/yr vs 0.05%/yr for PR1T.L.

Performance

SGEA.L vs. PR1T.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in iShares Emerging Asia Local Govt Bond UCITS ETF USD (Dist) (SGEA.L) and Amundi Prime US Treasury Bond 0-1 Y UCITS ETF DR USD (C) (PR1T.L). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

SGEA.L is traded in GBP, while PR1T.L is traded in USD. To make them comparable, the PR1T.L values have been converted to GBP using the latest available exchange rates.

Returns By Period

In the year-to-date period, SGEA.L achieves a -6.30% return, which is significantly lower than PR1T.L's 1.44% return.

SGEA.L

• 1D: 0.50%
• 1M: -0.75%
• 6M: -5.74%
• YTD: -6.30%
• 1Y: -7.02%
• 3Y*: -0.14%
• 5Y*: 0.02%
• 10Y*: 0.95%

PR1T.L

• 1D: -1.00%
• 1M: -0.58%
• 6M: 1.11%
• YTD: 1.44%
• 1Y: 2.77%
• 3Y*: 3.46%
• 5Y*: 3.68%
• 10Y*: —

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

SGEA.L vs. PR1T.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
SGEA.L iShares Emerging Asia Local Govt Bond UCITS ETF USD (Dist)	-6.30%	-1.01%	3.19%	-0.97%	3.25%	-3.19%	-0.78%
PR1T.L Amundi Prime US Treasury Bond 0-1 Y UCITS ETF DR USD (C)	1.44%	-3.20%	7.05%	-0.42%	12.57%	1.04%	-6.84%

Correlation

The correlation between SGEA.L and PR1T.L is 0.50, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.50
Correlation (3Y) Calculated over the trailing 3-year period	0.50
Correlation (5Y) Calculated over the trailing 5-year period	0.53
Correlation (All Time) Calculated using the full available price history since Sep 22, 2020	0.55

The correlation between SGEA.L and PR1T.L has been stable across timeframes, ranging from 0.50 to 0.55 - a consistent structural relationship.

Return for Risk

SGEA.L vs. PR1T.L — Risk / Return Rank

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

SGEA.L

SGEA.L Risk / Return Rank: 2
SGEA.L Sharpe Ratio Rank: 1
SGEA.L Sortino Ratio Rank: 2
SGEA.L Omega Ratio Rank: 2
SGEA.L Calmar Ratio Rank: 3
SGEA.L Martin Ratio Rank: 2

PR1T.L

PR1T.L Risk / Return Rank: 99
PR1T.L Sharpe Ratio Rank: 99
PR1T.L Sortino Ratio Rank: 99
PR1T.L Omega Ratio Rank: 100
PR1T.L Calmar Ratio Rank: 99
PR1T.L Martin Ratio Rank: 100

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.

SGEA.L vs. PR1T.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Emerging Asia Local Govt Bond UCITS ETF USD (Dist) (SGEA.L) and Amundi Prime US Treasury Bond 0-1 Y UCITS ETF DR USD (C) (PR1T.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.

	SGEA.L	PR1T.L	Difference
Sharpe ratio: Return per unit of total volatility	-1.03	0.42	-1.45
Sortino ratio: Return per unit of downside risk	-1.34	0.64	-1.98
Omega ratio: Gain probability vs. loss probability	0.85	1.08	-0.23
Calmar ratio: Return relative to maximum drawdown	-0.71	0.54	-1.24
Martin ratio: Return relative to average drawdown	-1.29	1.46	-2.75

SGEA.L vs. PR1T.L - Sharpe Ratio Comparison

The current SGEA.L Sharpe Ratio is -1.03, which is lower than the PR1T.L Sharpe Ratio of 0.42. The chart below compares the historical Sharpe Ratios of SGEA.L and PR1T.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.

Drawdowns

SGEA.L vs. PR1T.L - Drawdown Comparison

The maximum SGEA.L drawdown since its inception was -40.80%, which is greater than PR1T.L's maximum drawdown of -16.11%. Use the drawdown chart below to compare losses from any high point for SGEA.L and PR1T.L.

Drawdown Indicators

	SGEA.L	PR1T.L	Difference
Max Drawdown Largest peak-to-trough decline	-40.80%	-16.11%	-24.69%
Max Drawdown (1Y) Largest decline over 1 year	-8.91%	-5.16%	-3.75%
Max Drawdown (3Y) Largest decline over 3 years	-10.30%	-9.85%	-0.45%
Max Drawdown (5Y) Largest decline over 5 years	-10.30%	-16.11%	+5.81%
Max Drawdown (10Y) Largest decline over 10 years	-12.02%	—	—
Current Drawdown Current decline from peak	-10.01%	-6.76%	-3.25%
Average Drawdown Average peak-to-trough decline	-17.31%	-7.73%	-9.58%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.91%	1.89%	+3.02%

Volatility

SGEA.L vs. PR1T.L - Volatility Comparison

iShares Emerging Asia Local Govt Bond UCITS ETF USD (Dist) (SGEA.L) and Amundi Prime US Treasury Bond 0-1 Y UCITS ETF DR USD (C) (PR1T.L) have volatilities of 1.89% and 1.97%, 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

	SGEA.L	PR1T.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.89%	1.97%	-0.08%
Volatility (6M) Calculated over the trailing 6-month period	4.38%	5.03%	-0.65%
Volatility (1Y) Calculated over the trailing 1-year period	6.18%	6.55%	-0.37%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	6.98%	8.46%	-1.48%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	8.03%	8.30%	-0.27%

SGEA.L vs. PR1T.L - Expense Ratio Comparison

SGEA.L has a 0.50% expense ratio, which is higher than PR1T.L's 0.05% expense ratio.

Dividends

SGEA.L vs. PR1T.L - Dividend Comparison

SGEA.L's dividend yield for the trailing twelve months is around 3.60%, while PR1T.L has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
PR1T.L Amundi Prime US Treasury Bond 0-1 Y UCITS ETF DR USD (C)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SGEA.L iShares Emerging Asia Local Govt Bond UCITS ETF USD (Dist)	3.60%	3.40%	3.00%	2.90%	2.81%	2.37%	2.97%	2.55%	2.46%	2.17%	2.65%	1.11%

Frequently Asked Questions

Can I hold both SGEA.L and PR1T.L in my portfolio?

SGEA.L and PR1T.L have a correlation of 0.50, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, SGEA.L or PR1T.L?

On fees, PR1T.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, SGEA.L or PR1T.L?

PR1T.L is cheaper with a 0.05% expense ratio, compared with 0.50% for SGEA.L.

What is the main difference between SGEA.L and PR1T.L?

SGEA.L tracks iShares Emerging Asia Local Govt Bond UCITS ETF USD (Dist), while PR1T.L tracks Solactive US Treasury 0-1 Year Bond Index. They also come from different issuers: iShares and Amundi. Their fees differ too: 0.50% for SGEA.L and 0.05% for PR1T.L.