UEF7.DE vs. PRAP.DE

Last updated Jul 18, 2026

UEF7.DE (UBS ETF (LU) Bloomberg US Liquid Corporates 1-5 Year UCITS ETF (USD) A-dis) and PRAP.DE (Amundi Core USD Corporate Bond UCITS ETF (Acc)) are both Corporate Bonds funds - UEF7.DE tracks the Bloomberg US Liquid Corporates 1-5 while PRAP.DE tracks the Bloomberg US Corporate Liquid Issuer Index. Both are passively managed. Over the past 5 years, UEF7.DE returned 2.83%/yr vs 0.59%/yr for PRAP.DE. A 0.72 correlation means they provide meaningful diversification when combined. UEF7.DE charges 0.16%/yr vs 0.07%/yr for PRAP.DE.

Performance

UEF7.DE vs. PRAP.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in UBS ETF (LU) Bloomberg US Liquid Corporates 1-5 Year UCITS ETF (USD) A-dis (UEF7.DE) and Amundi Core USD Corporate Bond UCITS ETF (Acc) (PRAP.DE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, UEF7.DE achieves a 3.58% return, which is significantly higher than PRAP.DE's 2.44% return.

UEF7.DE

• 1D: 0.41%
• 1M: 1.51%
• 6M: 2.21%
• YTD: 3.58%
• 1Y: 5.22%
• 3Y*: 4.68%
• 5Y*: 2.83%
• 10Y*: 2.08%

PRAP.DE

• 1D: 0.16%
• 1M: 0.32%
• 6M: 0.91%
• YTD: 2.44%
• 1Y: 5.54%
• 3Y*: 3.99%
• 5Y*: 0.59%
• 10Y*: —

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

UEF7.DE vs. PRAP.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
UEF7.DE UBS ETF (LU) Bloomberg US Liquid Corporates 1-5 Year UCITS ETF (USD) A-dis	3.58%	-4.77%	10.52%	2.48%	-0.56%	7.39%	-5.51%
PRAP.DE Amundi Core USD Corporate Bond UCITS ETF (Acc)	2.44%	-3.96%	7.69%	4.70%	-10.24%	6.82%	-11.43%

Correlation

The correlation between UEF7.DE and PRAP.DE is 0.57, 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	0.57
Correlation (3Y) Calculated over the trailing 3-year period	0.68
Correlation (5Y) Calculated over the trailing 5-year period	0.72
Correlation (All Time) Calculated using the full available price history since Jan 22, 2020	0.72

The correlation between UEF7.DE and PRAP.DE shifts across timeframes, from 0.57 (1 year) to 0.72 (all time), reflecting how their relationship changes across market environments.

Return for Risk

UEF7.DE vs. PRAP.DE — Risk / Return Rank

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

UEF7.DE

UEF7.DE Risk / Return Rank: 36
UEF7.DE Sharpe Ratio Rank: 34
UEF7.DE Sortino Ratio Rank: 33
UEF7.DE Omega Ratio Rank: 32
UEF7.DE Calmar Ratio Rank: 41
UEF7.DE Martin Ratio Rank: 38

PRAP.DE

PRAP.DE Risk / Return Rank: 35
PRAP.DE Sharpe Ratio Rank: 34
PRAP.DE Sortino Ratio Rank: 33
PRAP.DE Omega Ratio Rank: 32
PRAP.DE Calmar Ratio Rank: 39
PRAP.DE Martin Ratio Rank: 34

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.

UEF7.DE vs. PRAP.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for UBS ETF (LU) Bloomberg US Liquid Corporates 1-5 Year UCITS ETF (USD) A-dis (UEF7.DE) and Amundi Core USD Corporate Bond UCITS ETF (Acc) (PRAP.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.

	UEF7.DE	PRAP.DE	Difference
Sharpe ratio: Return per unit of total volatility	0.97	0.94	+0.03
Sortino ratio: Return per unit of downside risk	1.41	1.40	+0.01
Omega ratio: Gain probability vs. loss probability	1.17	1.17	0.00
Calmar ratio: Return relative to maximum drawdown	1.67	1.53	+0.14
Martin ratio: Return relative to average drawdown	4.56	3.88	+0.68

UEF7.DE vs. PRAP.DE - Sharpe Ratio Comparison

The current UEF7.DE Sharpe Ratio is 0.97, which is comparable to the PRAP.DE Sharpe Ratio of 0.94. The chart below compares the historical Sharpe Ratios of UEF7.DE and PRAP.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

UEF7.DE vs. PRAP.DE - Drawdown Comparison

The maximum UEF7.DE drawdown since its inception was -19.46%, roughly equal to the maximum PRAP.DE drawdown of -18.71%. Use the drawdown chart below to compare losses from any high point for UEF7.DE and PRAP.DE.

Drawdown Indicators

	UEF7.DE	PRAP.DE	Difference
Max Drawdown Largest peak-to-trough decline	-19.46%	-18.71%	-0.75%
Max Drawdown (1Y) Largest decline over 1 year	-3.12%	-3.62%	+0.50%
Max Drawdown (3Y) Largest decline over 3 years	-9.64%	-11.80%	+2.16%
Max Drawdown (5Y) Largest decline over 5 years	-10.71%	-13.30%	+2.59%
Max Drawdown (10Y) Largest decline over 10 years	-15.40%	—	—
Current Drawdown Current decline from peak	-3.49%	-6.35%	+2.86%
Average Drawdown Average peak-to-trough decline	-5.55%	-10.13%	+4.58%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.14%	1.42%	-0.28%

Volatility

UEF7.DE vs. PRAP.DE - Volatility Comparison

The current volatility for UBS ETF (LU) Bloomberg US Liquid Corporates 1-5 Year UCITS ETF (USD) A-dis (UEF7.DE) is 1.33%, while Amundi Core USD Corporate Bond UCITS ETF (Acc) (PRAP.DE) has a volatility of 1.49%. This indicates that UEF7.DE experiences smaller price fluctuations and is considered to be less risky than PRAP.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	UEF7.DE	PRAP.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.33%	1.49%	-0.16%
Volatility (6M) Calculated over the trailing 6-month period	3.92%	4.06%	-0.14%
Volatility (1Y) Calculated over the trailing 1-year period	5.43%	6.07%	-0.64%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	6.97%	8.33%	-1.36%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	6.89%	9.55%	-2.66%

UEF7.DE vs. PRAP.DE - Expense Ratio Comparison

UEF7.DE has a 0.16% expense ratio, which is higher than PRAP.DE's 0.07% 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

UEF7.DE vs. PRAP.DE - Dividend Comparison

UEF7.DE's dividend yield for the trailing twelve months is around 4.56%, while PRAP.DE has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
PRAP.DE Amundi Core USD Corporate Bond UCITS ETF (Acc)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
UEF7.DE UBS ETF (LU) Bloomberg US Liquid Corporates 1-5 Year UCITS ETF (USD) A-dis	4.56%	5.78%	4.66%	3.27%	1.45%	1.52%	2.84%	2.76%	2.24%	2.19%	1.99%	0.87%

Frequently Asked Questions

Can I hold both UEF7.DE and PRAP.DE in my portfolio?

UEF7.DE and PRAP.DE have a correlation of 0.57, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, UEF7.DE or PRAP.DE?

On fees, PRAP.DE is cheaper at 0.07% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, UEF7.DE or PRAP.DE?

PRAP.DE is cheaper with a 0.07% expense ratio, compared with 0.16% for UEF7.DE.

What is the main difference between UEF7.DE and PRAP.DE?

UEF7.DE tracks Bloomberg US Liquid Corporates 1-5, while PRAP.DE tracks Bloomberg US Corporate Liquid Issuer Index. They also come from different issuers: UBS and Amundi. Their fees differ too: 0.16% for UEF7.DE and 0.07% for PRAP.DE.