XBAT.DE vs. PRAB.DE
XBAT.DE (Xtrackers iBoxx Sovereigns Eurozone AAA Swap UCITS ETF) and PRAB.DE (Amundi Prime Euro Government Bonds 0-1Y UCITS ETF) are both European Government Bonds funds - XBAT.DE tracks the iBoxx® EUR Sovereigns Eurozone AAA while PRAB.DE tracks the Solactive Eurozone Government Bond 0-1 Year. Both are passively managed. Over the past 5 years, XBAT.DE returned -2.38%/yr vs 1.66%/yr for PRAB.DE. At a 0.25 correlation, their price movements are largely independent. XBAT.DE charges 0.15%/yr vs 0.05%/yr for PRAB.DE.
Performance
XBAT.DE vs. PRAB.DE - Performance Comparison
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Returns By Period
In the year-to-date period, XBAT.DE achieves a -0.07% return, which is significantly lower than PRAB.DE's 0.87% return.
XBAT.DE
- 1D
- 0.03%
- 1M
- 0.31%
- YTD
- -0.07%
- 6M
- -0.01%
- 1Y
- 0.70%
- 3Y*
- 2.22%
- 5Y*
- -2.38%
- 10Y*
- -0.93%
PRAB.DE
- 1D
- 0.06%
- 1M
- 0.23%
- YTD
- 0.87%
- 6M
- 0.92%
- 1Y
- 1.89%
- 3Y*
- 2.84%
- 5Y*
- 1.66%
- 10Y*
- —
XBAT.DE vs. PRAB.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
XBAT.DE Xtrackers iBoxx Sovereigns Eurozone AAA Swap UCITS ETF | -0.07% | 2.47% | 0.18% | 3.80% | -17.06% | -2.84% | -0.76% |
PRAB.DE Amundi Prime Euro Government Bonds 0-1Y UCITS ETF | 0.87% | 2.18% | 3.56% | 2.85% | -0.79% | -0.60% | -0.12% |
Correlation
The correlation between XBAT.DE and PRAB.DE is 0.19, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.19 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.20 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.27 |
Correlation (All Time) Calculated using the full available price history since Oct 30, 2020 | 0.25 |
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Return for Risk
XBAT.DE vs. PRAB.DE — Risk / Return Rank
XBAT.DE
PRAB.DE
XBAT.DE vs. PRAB.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers iBoxx Sovereigns Eurozone AAA Swap UCITS ETF (XBAT.DE) and Amundi Prime Euro Government Bonds 0-1Y UCITS ETF (PRAB.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.
| XBAT.DE | PRAB.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.81 | ||
| Sortino ratioReturn per unit of downside risk | -4.49 | ||
| Omega ratioGain probability vs. loss probability | 1.06 | 1.67 | -0.61 |
| Calmar ratioReturn relative to maximum drawdown | 0.35 | 10.66 | -10.31 |
| Martin ratioReturn relative to average drawdown | 1.05 | 51.86 | -50.81 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| XBAT.DE | PRAB.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.31 | 3.12 | -2.81 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.39 | 3.14 | -3.53 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | -0.17 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.18 | 2.84 | -2.66 |
Drawdowns
XBAT.DE vs. PRAB.DE - Drawdown Comparison
The maximum XBAT.DE drawdown since its inception was -24.48%, which is greater than PRAB.DE's maximum drawdown of -1.67%. Use the drawdown chart below to compare losses from any high point for XBAT.DE and PRAB.DE.
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Drawdown Indicators
| XBAT.DE | PRAB.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -24.48% | -1.67% | -22.81% |
Max Drawdown (1Y)Largest decline over 1 year | -2.01% | -0.18% | -1.83% |
Max Drawdown (3Y)Largest decline over 3 years | -4.50% | -0.18% | -4.32% |
Max Drawdown (5Y)Largest decline over 5 years | -21.97% | -1.30% | -20.67% |
Max Drawdown (10Y)Largest decline over 10 years | -24.48% | — | — |
Current DrawdownCurrent decline from peak | -16.49% | 0.00% | -16.49% |
Average DrawdownAverage peak-to-trough decline | -6.97% | -0.41% | -6.56% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.67% | 0.04% | +0.63% |
Volatility
XBAT.DE vs. PRAB.DE - Volatility Comparison
Xtrackers iBoxx Sovereigns Eurozone AAA Swap UCITS ETF (XBAT.DE) has a higher volatility of 0.75% compared to Amundi Prime Euro Government Bonds 0-1Y UCITS ETF (PRAB.DE) at 0.22%. This indicates that XBAT.DE's price experiences larger fluctuations and is considered to be riskier than PRAB.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| XBAT.DE | PRAB.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.75% | 0.22% | +0.53% |
Volatility (6M)Calculated over the trailing 6-month period | 1.93% | 0.52% | +1.41% |
Volatility (1Y)Calculated over the trailing 1-year period | 2.23% | 0.60% | +1.63% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.06% | 0.55% | +5.51% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.39% | 0.55% | +4.84% |
XBAT.DE vs. PRAB.DE - Expense Ratio Comparison
XBAT.DE has a 0.15% expense ratio, which is higher than PRAB.DE's 0.05% 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
XBAT.DE vs. PRAB.DE - Dividend Comparison
Neither XBAT.DE nor PRAB.DE has paid dividends to shareholders.
Frequently Asked Questions
XBAT.DE and PRAB.DE have a correlation of 0.19, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, PRAB.DE is cheaper at 0.05% per year. The better choice depends on whether you care most about return, fees, risk, or income.
PRAB.DE is cheaper with a 0.05% expense ratio, compared with 0.15% for XBAT.DE.
XBAT.DE tracks iBoxx® EUR Sovereigns Eurozone AAA, while PRAB.DE tracks Solactive Eurozone Government Bond 0-1 Year. They also come from different issuers: Xtrackers and Amundi. Their fees differ too: 0.15% for XBAT.DE and 0.05% for PRAB.DE.
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