TIGR.L vs. PRIT.L

Last updated Jul 21, 2026

TIGR.L (L&G India INR Government Bond UCITS ETF USD (Dist)) and PRIT.L (Amundi Prime US Treasury UCITS ETF DR (D)) are both Government Bonds funds - TIGR.L tracks the J.P. Morgan India Government Fully Accessible Route (FAR) Bonds Index while PRIT.L tracks the Solactive US Treasury Bond Index. Both are passively managed. Over the past 3 years, TIGR.L returned -0.13%/yr vs 2.84%/yr for PRIT.L. At a 0.11 correlation, their price movements are largely independent. TIGR.L charges 0.39%/yr vs 0.05%/yr for PRIT.L.

Performance

TIGR.L vs. PRIT.L - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in L&G India INR Government Bond UCITS ETF USD (Dist) (TIGR.L) and Amundi Prime US Treasury UCITS ETF DR (D) (PRIT.L). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

TIGR.L is traded in USD, while PRIT.L is traded in GBp. To make them comparable, the PRIT.L values have been converted to USD using the latest available exchange rates.

Returns By Period

In the year-to-date period, TIGR.L achieves a -7.21% return, which is significantly lower than PRIT.L's -0.53% return.

TIGR.L

• 1D: -0.40%
• 1M: -1.40%
• 6M: -3.26%
• YTD: -7.21%
• 1Y: -10.34%
• 3Y*: -0.13%
• 5Y*: —
• 10Y*: —
• ALL TIME*: -0.73%

PRIT.L

• 1D: -0.17%
• 1M: -0.34%
• 6M: 0.21%
• YTD: -0.53%
• 1Y: 2.60%
• 3Y*: 2.84%
• 5Y*: -0.80%
• 10Y*: —
• ALL TIME*: -2.19%

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

TIGR.L vs. PRIT.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
TIGR.L L&G India INR Government Bond UCITS ETF USD (Dist)	-7.21%	0.84%	5.37%	5.93%	-8.86%	1.49%
PRIT.L Amundi Prime US Treasury UCITS ETF DR (D)	-0.53%	6.41%	0.87%	3.45%	-12.28%	0.47%

Correlation

The correlation between TIGR.L and PRIT.L is 0.10, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.10
Correlation (3Y) Calculated over the trailing 3-year period	0.11
Correlation (All Time) Calculated using the full available price history since Oct 28, 2021	0.11

Return for Risk

TIGR.L vs. PRIT.L — Risk / Return Rank

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

TIGR.L

TIGR.L Risk / Return Rank: 1
TIGR.L Sharpe Ratio Rank: 0
TIGR.L Sortino Ratio Rank: 1
TIGR.L Omega Ratio Rank: 1
TIGR.L Calmar Ratio Rank: 3
TIGR.L Martin Ratio Rank: 0

PRIT.L

PRIT.L Risk / Return Rank: 21
PRIT.L Sharpe Ratio Rank: 22
PRIT.L Sortino Ratio Rank: 22
PRIT.L Omega Ratio Rank: 20
PRIT.L Calmar Ratio Rank: 21
PRIT.L Martin Ratio Rank: 19

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.

TIGR.L vs. PRIT.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for L&G India INR Government Bond UCITS ETF USD (Dist) (TIGR.L) and Amundi Prime US Treasury UCITS ETF DR (D) (PRIT.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.

	TIGR.L	PRIT.L	Difference
Sharpe ratio: Return per unit of total volatility	-1.26	0.51	-1.77
Sortino ratio: Return per unit of downside risk	-1.68	0.79	-2.46
Omega ratio: Gain probability vs. loss probability	0.80	1.09	-0.29
Calmar ratio: Return relative to maximum drawdown	-0.77	0.83	-1.60
Martin ratio: Return relative to average drawdown	-1.54	2.08	-3.62

TIGR.L vs. PRIT.L - Sharpe Ratio Comparison

The current TIGR.L Sharpe Ratio is -1.26, which is lower than the PRIT.L Sharpe Ratio of 0.51. The chart below compares the historical Sharpe Ratios of TIGR.L and PRIT.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

TIGR.L vs. PRIT.L - Drawdown Comparison

The maximum TIGR.L drawdown since its inception was -15.01%, smaller than the maximum PRIT.L drawdown of -28.57%. Use the drawdown chart below to compare losses from any high point for TIGR.L and PRIT.L.

Drawdown Indicators

	TIGR.L	PRIT.L	Difference
Max Drawdown Largest peak-to-trough decline	-15.01%	-28.57%	+13.56%
Max Drawdown (1Y) Largest decline over 1 year	-13.40%	-3.10%	-10.30%
Max Drawdown (3Y) Largest decline over 3 years	-15.01%	-4.88%	-10.13%
Max Drawdown (5Y) Largest decline over 5 years	—	-16.48%	—
Current Drawdown Current decline from peak	-11.69%	-18.22%	+6.53%
Average Drawdown Average peak-to-trough decline	-4.67%	-19.97%	+15.30%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.71%	1.24%	+5.47%

Volatility

TIGR.L vs. PRIT.L - Volatility Comparison

L&G India INR Government Bond UCITS ETF USD (Dist) (TIGR.L) has a higher volatility of 3.17% compared to Amundi Prime US Treasury UCITS ETF DR (D) (PRIT.L) at 1.36%. This indicates that TIGR.L's price experiences larger fluctuations and is considered to be riskier than PRIT.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TIGR.L	PRIT.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.17%	1.36%	+1.81%
Volatility (6M) Calculated over the trailing 6-month period	6.68%	4.09%	+2.59%
Volatility (1Y) Calculated over the trailing 1-year period	8.20%	5.11%	+3.09%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	6.35%	7.03%	-0.68%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	6.35%	11.85%	-5.50%

TIGR.L vs. PRIT.L - Expense Ratio Comparison

TIGR.L has a 0.39% expense ratio, which is higher than PRIT.L's 0.05% expense ratio.

Dividends

TIGR.L vs. PRIT.L - Dividend Comparison

TIGR.L's dividend yield for the trailing twelve months is around 3.22%, which matches PRIT.L's 3.22% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
PRIT.L Amundi Prime US Treasury UCITS ETF DR (D)	3.22%	3.22%	2.79%	2.34%	1.88%	1.74%	2.11%	1.94%
TIGR.L L&G India INR Government Bond UCITS ETF USD (Dist)	3.22%	6.72%	6.50%	6.26%	4.15%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both TIGR.L and PRIT.L in my portfolio?

TIGR.L and PRIT.L have a correlation of 0.10, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, TIGR.L or PRIT.L?

On fees, PRIT.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, TIGR.L or PRIT.L?

PRIT.L is cheaper with a 0.05% expense ratio, compared with 0.39% for TIGR.L.

What is the main difference between TIGR.L and PRIT.L?

TIGR.L tracks J.P. Morgan India Government Fully Accessible Route (FAR) Bonds Index, while PRIT.L tracks Solactive US Treasury Bond Index. They also come from different issuers: L&G and Amundi. Their fees differ too: 0.39% for TIGR.L and 0.05% for PRIT.L.