SUSM.L vs. PRAM.L
SUSM.L (iShares MSCI EM SRI UCITS ETF USD (Acc)) and PRAM.L (Amundi Prime Emerging Markets UCITS ETF DR (C)) are both Emerging Markets Equities funds - SUSM.L tracks the MSCI EM SRI Select Reduced Fossil Fuel Index while PRAM.L tracks the MSCI EM NR USD. Both are passively managed. Over the past 3 years, SUSM.L returned 15.03%/yr vs 21.47%/yr for PRAM.L. Their correlation of 0.90 suggests significant overlap in exposure. SUSM.L charges 0.25%/yr vs 0.10%/yr for PRAM.L.
Performance
SUSM.L vs. PRAM.L - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, SUSM.L achieves a 10.99% return, which is significantly lower than PRAM.L's 19.68% return.
SUSM.L
- 1D
- -0.98%
- 1M
- -4.70%
- YTD
- 10.99%
- 6M
- 13.35%
- 1Y
- 32.03%
- 3Y*
- 15.03%
- 5Y*
- 3.24%
- 10Y*
- —
PRAM.L
- 1D
- -3.72%
- 1M
- -2.41%
- YTD
- 19.68%
- 6M
- 21.45%
- 1Y
- 43.48%
- 3Y*
- 21.47%
- 5Y*
- —
- 10Y*
- —
SUSM.L vs. PRAM.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
SUSM.L iShares MSCI EM SRI UCITS ETF USD (Acc) | 10.99% | 32.23% | 4.76% | 1.17% | -18.34% | -0.87% |
PRAM.L Amundi Prime Emerging Markets UCITS ETF DR (C) | 19.68% | 32.60% | 7.09% | 9.87% | -17.96% | -0.87% |
Correlation
The correlation between SUSM.L and PRAM.L is 0.93, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.93 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.92 |
Correlation (All Time) Calculated using the full available price history since Sep 21, 2021 | 0.90 |
The correlation between SUSM.L and PRAM.L has been stable across timeframes, ranging from 0.90 to 0.93 - a consistent structural relationship.
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
SUSM.L vs. PRAM.L — Risk / Return Rank
SUSM.L
PRAM.L
SUSM.L vs. PRAM.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI EM SRI UCITS ETF USD (Acc) (SUSM.L) and Amundi Prime Emerging Markets UCITS ETF DR (C) (PRAM.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.
| SUSM.L | PRAM.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.49 | ||
| Sortino ratioReturn per unit of downside risk | -0.55 | ||
| Omega ratioGain probability vs. loss probability | 1.31 | 1.40 | -0.09 |
| Calmar ratioReturn relative to maximum drawdown | 2.59 | 3.43 | -0.83 |
| Martin ratioReturn relative to average drawdown | 8.91 | 12.35 | -3.43 |
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
| SUSM.L | PRAM.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.69 | 2.18 | -0.49 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.17 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.39 | 0.51 | -0.12 |
Drawdowns
SUSM.L vs. PRAM.L - Drawdown Comparison
The maximum SUSM.L drawdown since its inception was -40.77%, which is greater than PRAM.L's maximum drawdown of -31.21%. Use the drawdown chart below to compare losses from any high point for SUSM.L and PRAM.L.
Loading charts...
Drawdown Indicators
| SUSM.L | PRAM.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -40.77% | -31.21% | -9.56% |
Max Drawdown (1Y)Largest decline over 1 year | -12.30% | -12.51% | +0.21% |
Max Drawdown (3Y)Largest decline over 3 years | -19.35% | -16.74% | -2.61% |
Max Drawdown (5Y)Largest decline over 5 years | -35.54% | — | — |
Current DrawdownCurrent decline from peak | -6.78% | -6.73% | -0.05% |
Average DrawdownAverage peak-to-trough decline | -13.90% | -10.72% | -3.18% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.59% | 3.48% | +0.11% |
Volatility
SUSM.L vs. PRAM.L - Volatility Comparison
The current volatility for iShares MSCI EM SRI UCITS ETF USD (Acc) (SUSM.L) is 7.13%, while Amundi Prime Emerging Markets UCITS ETF DR (C) (PRAM.L) has a volatility of 8.83%. This indicates that SUSM.L experiences smaller price fluctuations and is considered to be less risky than PRAM.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| SUSM.L | PRAM.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.13% | 8.83% | -1.70% |
Volatility (6M)Calculated over the trailing 6-month period | 16.02% | 17.02% | -1.00% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.90% | 19.66% | -0.76% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.29% | 18.30% | +0.99% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.23% | 18.30% | +1.93% |
SUSM.L vs. PRAM.L - Expense Ratio Comparison
SUSM.L has a 0.25% expense ratio, which is higher than PRAM.L's 0.10% 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
SUSM.L vs. PRAM.L - Dividend Comparison
Neither SUSM.L nor PRAM.L has paid dividends to shareholders.
Frequently Asked Questions
With a correlation of 0.93, SUSM.L and PRAM.L move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
On fees, PRAM.L is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.
PRAM.L is cheaper with a 0.10% expense ratio, compared with 0.25% for SUSM.L.
SUSM.L tracks MSCI EM SRI Select Reduced Fossil Fuel Index, while PRAM.L tracks MSCI EM NR USD. They also come from different issuers: iShares and Amundi. Their fees differ too: 0.25% for SUSM.L and 0.10% for PRAM.L.
Find the right allocation for SUSM.L and PRAM.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