SHYU.L vs. PRIP.L

Last updated Jun 5, 2026

SHYU.L (iShares $ High Yield Corp Bond UCITS ETF) and PRIP.L (Amundi Prime US Corporates UCITS ETF DR (D)) are both Corporate Bonds funds - SHYU.L tracks the Markit iBoxx USD Liquid High Yield Capped Index while PRIP.L tracks the Bloomberg US Corp Bond TR USD. Both are passively managed. Over the past year, SHYU.L returned 1.64% vs 1.54% for PRIP.L. A 0.74 correlation means they provide meaningful diversification when combined. SHYU.L charges 0.50%/yr vs 0.05%/yr for PRIP.L.

Performance

SHYU.L vs. PRIP.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in iShares $ High Yield Corp Bond UCITS ETF (SHYU.L) and Amundi Prime US Corporates UCITS ETF DR (D) (PRIP.L). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

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

Returns By Period

In the year-to-date period, SHYU.L achieves a -1.70% return, which is significantly lower than PRIP.L's -0.05% return.

SHYU.L

• 1D: 0.16%
• 1M: -0.19%
• YTD: -1.70%
• 6M: -1.85%
• 1Y: 1.64%
• 3Y*: 2.26%
• 5Y*: 3.17%
• 10Y*: 4.84%

PRIP.L

• 1D: -0.13%
• 1M: 1.24%
• YTD: -0.05%
• 6M: -5.06%
• 1Y: 1.54%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

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

	2026 (YTD)	2025
SHYU.L iShares $ High Yield Corp Bond UCITS ETF	-1.70%	0.44%
PRIP.L Amundi Prime US Corporates UCITS ETF DR (D)	-0.05%	0.86%

Correlation

The correlation between SHYU.L and PRIP.L is 0.75, 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	0.75
Correlation (All Time) Calculated using the full available price history since Apr 29, 2025	0.74

The correlation between SHYU.L and PRIP.L has been stable across timeframes, ranging from 0.74 to 0.75 - a consistent structural relationship.

Return for Risk

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

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

SHYU.L

SHYU.L Risk / Return Rank: 12
SHYU.L Sharpe Ratio Rank: 13
SHYU.L Sortino Ratio Rank: 11
SHYU.L Omega Ratio Rank: 12
SHYU.L Calmar Ratio Rank: 12
SHYU.L Martin Ratio Rank: 11

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

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.

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

This table presents a comparison of risk-adjusted performance metrics for iShares $ High Yield Corp Bond UCITS ETF (SHYU.L) and Amundi Prime US Corporates UCITS ETF DR (D) (PRIP.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.

	SHYU.L	PRIP.L	Difference
Sharpe ratio: Return per unit of total volatility	0.24	0.23	0.00
Sortino ratio: Return per unit of downside risk	0.34	0.34	0.00
Omega ratio: Gain probability vs. loss probability	1.05	1.05	0.00
Calmar ratio: Return relative to maximum drawdown	0.25	0.20	+0.05
Martin ratio: Return relative to average drawdown	0.43	0.37	+0.06
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

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

The current SHYU.L Sharpe Ratio is 0.24, which is comparable to the PRIP.L Sharpe Ratio of 0.23. The chart below compares the historical Sharpe Ratios of SHYU.L and PRIP.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

	SHYU.L	PRIP.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.24	0.23	0.00
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.39	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.50	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.59	0.09	+0.50

Drawdowns

SHYU.L vs. PRIP.L - Drawdown Comparison

The maximum SHYU.L drawdown since its inception was -15.01%, which is greater than PRIP.L's maximum drawdown of -9.14%. Use the drawdown chart below to compare losses from any high point for SHYU.L and PRIP.L.

Drawdown Indicators

	SHYU.L	PRIP.L	Difference
Max Drawdown Largest peak-to-trough decline	-15.01%	-9.14%	-5.87%
Max Drawdown (1Y) Largest decline over 1 year	-6.61%	-9.14%	+2.53%
Max Drawdown (3Y) Largest decline over 3 years	-11.08%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-11.08%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-15.01%	—	—
Current Drawdown Current decline from peak	-9.14%	-6.78%	-2.36%
Average Drawdown Average peak-to-trough decline	-4.14%	-3.49%	-0.65%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.83%	4.95%	-1.12%

Volatility

SHYU.L vs. PRIP.L - Volatility Comparison

iShares $ High Yield Corp Bond UCITS ETF (SHYU.L) and Amundi Prime US Corporates UCITS ETF DR (D) (PRIP.L) have volatilities of 1.72% and 1.68%, 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

	SHYU.L	PRIP.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.72%	1.68%	+0.04%
Volatility (6M) Calculated over the trailing 6-month period	4.34%	6.61%	-2.27%
Volatility (1Y) Calculated over the trailing 1-year period	6.89%	7.82%	-0.93%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	8.13%	7.90%	+0.23%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	9.74%	7.90%	+1.84%

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

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

Dividends

SHYU.L vs. PRIP.L - Dividend Comparison

Neither SHYU.L nor PRIP.L has paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
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%	0.00%
SHYU.L iShares $ High Yield Corp Bond UCITS ETF	0.00%	0.00%	6.32%	5.76%	4.82%	4.27%	5.16%	5.58%	5.52%	5.74%	5.16%	5.87%

Frequently Asked Questions

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

SHYU.L and PRIP.L have a correlation of 0.75, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, SHYU.L or PRIP.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, SHYU.L or PRIP.L?

PRIP.L is cheaper with a 0.05% expense ratio, compared with 0.50% for SHYU.L.

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

SHYU.L tracks Markit iBoxx USD Liquid High Yield Capped Index, while PRIP.L tracks Bloomberg US Corp Bond TR USD. They also come from different issuers: iShares and Amundi. Their fees differ too: 0.50% for SHYU.L and 0.05% for PRIP.L.