SYBW.DE vs. PR1G.DE

Last updated Jul 16, 2026

SYBW.DE (State Street SPDR Bloomberg 1-3 Year U.S. Treasury Bond UCITS ETF (Dist)) and PR1G.DE (Amundi Prime Global Government Bond UCITS ETF (Dist)) are both Government Bonds funds - SYBW.DE tracks the Bloomberg U.S. 1-3 Year Treasury Bond Index while PR1G.DE tracks the Solactive Global Developed Government Bond Index. Both are passively managed. Over the past 5 years, SYBW.DE returned 2.51%/yr vs -2.68%/yr for PR1G.DE. A 0.57 correlation means they provide meaningful diversification when combined. Both charge a 0.05% expense ratio.

Performance

SYBW.DE vs. PR1G.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in State Street SPDR Bloomberg 1-3 Year U.S. Treasury Bond UCITS ETF (Dist) (SYBW.DE) and Amundi Prime Global Government Bond UCITS ETF (Dist) (PR1G.DE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SYBW.DE achieves a 3.74% return, which is significantly higher than PR1G.DE's 1.17% return.

SYBW.DE

• 1D: 0.14%
• 1M: 1.58%
• 6M: 2.78%
• YTD: 3.74%
• 1Y: 4.90%
• 3Y*: 3.66%
• 5Y*: 2.51%
• 10Y*: 1.34%

PR1G.DE

• 1D: 0.31%
• 1M: 0.43%
• 6M: 0.61%
• YTD: 1.17%
• 1Y: 1.83%
• 3Y*: 0.63%
• 5Y*: -2.68%
• 10Y*: —

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

SYBW.DE vs. PR1G.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
SYBW.DE State Street SPDR Bloomberg 1-3 Year U.S. Treasury Bond UCITS ETF (Dist)	3.74%	-6.50%	9.98%	0.49%	2.02%	7.59%	-6.16%	5.50%
PR1G.DE Amundi Prime Global Government Bond UCITS ETF (Dist)	1.17%	-4.74%	2.19%	1.15%	-13.10%	0.82%	0.44%	7.03%

Correlation

The correlation between SYBW.DE and PR1G.DE 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	0.51
Correlation (5Y) Calculated over the trailing 5-year period	0.54
Correlation (All Time) Calculated using the full available price history since Feb 5, 2019	0.57

The correlation between SYBW.DE and PR1G.DE has been stable across timeframes, ranging from 0.50 to 0.57 - a consistent structural relationship.

Return for Risk

SYBW.DE vs. PR1G.DE — Risk / Return Rank

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

SYBW.DE

SYBW.DE Risk / Return Rank: 29
SYBW.DE Sharpe Ratio Rank: 29
SYBW.DE Sortino Ratio Rank: 28
SYBW.DE Omega Ratio Rank: 25
SYBW.DE Calmar Ratio Rank: 32
SYBW.DE Martin Ratio Rank: 29

PR1G.DE

PR1G.DE Risk / Return Rank: 16
PR1G.DE Sharpe Ratio Rank: 17
PR1G.DE Sortino Ratio Rank: 15
PR1G.DE Omega Ratio Rank: 15
PR1G.DE Calmar Ratio Rank: 18
PR1G.DE Martin Ratio Rank: 17

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.

SYBW.DE vs. PR1G.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for State Street SPDR Bloomberg 1-3 Year U.S. Treasury Bond UCITS ETF (Dist) (SYBW.DE) and Amundi Prime Global Government Bond UCITS ETF (Dist) (PR1G.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.

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.

	SYBW.DE	PR1G.DE	Difference
Sharpe ratio: Return per unit of total volatility	0.89	0.45	+0.44
Sortino ratio: Return per unit of downside risk	1.33	0.68	+0.64
Omega ratio: Gain probability vs. loss probability	1.15	1.08	+0.07
Calmar ratio: Return relative to maximum drawdown	1.39	0.64	+0.75
Martin ratio: Return relative to average drawdown	3.46	1.32	+2.14

SYBW.DE vs. PR1G.DE - Sharpe Ratio Comparison

The current SYBW.DE Sharpe Ratio is 0.89, which is higher than the PR1G.DE Sharpe Ratio of 0.45. The chart below compares the historical Sharpe Ratios of SYBW.DE and PR1G.DE, 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

SYBW.DE vs. PR1G.DE - Drawdown Comparison

The maximum SYBW.DE drawdown since its inception was -28.24%, which is greater than PR1G.DE's maximum drawdown of -20.86%. Use the drawdown chart below to compare losses from any high point for SYBW.DE and PR1G.DE.

Drawdown Indicators

	SYBW.DE	PR1G.DE	Difference
Max Drawdown Largest peak-to-trough decline	-28.24%	-20.86%	-7.38%
Max Drawdown (1Y) Largest decline over 1 year	-3.52%	-2.85%	-0.67%
Max Drawdown (3Y) Largest decline over 3 years	-10.87%	-7.94%	-2.93%
Max Drawdown (5Y) Largest decline over 5 years	-12.61%	-17.71%	+5.10%
Max Drawdown (10Y) Largest decline over 10 years	-20.37%	—	—
Current Drawdown Current decline from peak	-5.15%	-18.21%	+13.06%
Average Drawdown Average peak-to-trough decline	-9.74%	-11.48%	+1.74%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.41%	1.39%	+0.02%

Volatility

SYBW.DE vs. PR1G.DE - Volatility Comparison

State Street SPDR Bloomberg 1-3 Year U.S. Treasury Bond UCITS ETF (Dist) (SYBW.DE) has a higher volatility of 1.41% compared to Amundi Prime Global Government Bond UCITS ETF (Dist) (PR1G.DE) at 1.27%. This indicates that SYBW.DE's price experiences larger fluctuations and is considered to be riskier than PR1G.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SYBW.DE	PR1G.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.41%	1.27%	+0.14%
Volatility (6M) Calculated over the trailing 6-month period	3.90%	3.01%	+0.89%
Volatility (1Y) Calculated over the trailing 1-year period	5.54%	4.05%	+1.49%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	7.16%	6.47%	+0.69%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	10.47%	6.10%	+4.37%

SYBW.DE vs. PR1G.DE - Expense Ratio Comparison

Both SYBW.DE and PR1G.DE have an expense ratio of 0.05%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.

Dividends

SYBW.DE vs. PR1G.DE - Dividend Comparison

SYBW.DE's dividend yield for the trailing twelve months is around 3.82%, more than PR1G.DE's 2.92% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
PR1G.DE Amundi Prime Global Government Bond UCITS ETF (Dist)	2.92%	2.96%	2.34%	1.99%	1.74%	1.50%	1.77%	1.23%	0.00%	0.00%	0.00%	0.00%
SYBW.DE State Street SPDR Bloomberg 1-3 Year U.S. Treasury Bond UCITS ETF (Dist)	3.82%	4.34%	3.98%	3.01%	0.64%	0.54%	1.91%	2.03%	1.33%	1.05%	0.68%	0.53%

Frequently Asked Questions

Can I hold both SYBW.DE and PR1G.DE in my portfolio?

SYBW.DE and PR1G.DE 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, SYBW.DE or PR1G.DE?

Both ETFs have the same 0.05% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, SYBW.DE or PR1G.DE?

SYBW.DE and PR1G.DE have the same expense ratio: 0.05% per year.

What is the main difference between SYBW.DE and PR1G.DE?

SYBW.DE tracks Bloomberg U.S. 1-3 Year Treasury Bond Index, while PR1G.DE tracks Solactive Global Developed Government Bond Index. They also come from different issuers: State Street and Amundi.