XDN0.L vs. PRIE.L

Last updated Jun 5, 2026

XDN0.L (Xtrackers MSCI Nordic UCITS ETF 1D) and PRIE.L (Amundi Prime Europe UCITS ETF DR (D)) are both Europe Equities funds - XDN0.L tracks the MSCI Nordic Countries NR EUR while PRIE.L tracks the MSCI Europe NR EUR. Both are passively managed. Over the past 5 years, XDN0.L returned 5.77%/yr vs 7.25%/yr for PRIE.L. Their correlation of 0.81 suggests significant overlap in exposure. XDN0.L charges 0.30%/yr vs 0.05%/yr for PRIE.L.

Performance

XDN0.L vs. PRIE.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in Xtrackers MSCI Nordic UCITS ETF 1D (XDN0.L) and Amundi Prime Europe UCITS ETF DR (D) (PRIE.L). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, XDN0.L achieves a 8.04% return, which is significantly higher than PRIE.L's 6.91% return.

XDN0.L

• 1D: 0.61%
• 1M: 3.13%
• YTD: 8.04%
• 6M: 11.88%
• 1Y: 14.86%
• 3Y*: 8.57%
• 5Y*: 5.77%
• 10Y*: 9.93%

PRIE.L

• 1D: 0.53%
• 1M: 3.65%
• YTD: 6.91%
• 6M: 6.51%
• 1Y: 16.99%
• 3Y*: 10.92%
• 5Y*: 7.25%
• 10Y*: —

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

XDN0.L vs. PRIE.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
XDN0.L Xtrackers MSCI Nordic UCITS ETF 1D	8.04%	12.19%	-5.68%	14.11%	-5.97%	20.44%	23.02%	10.46%
PRIE.L Amundi Prime Europe UCITS ETF DR (D)	6.91%	22.93%	1.02%	10.15%	-6.60%	14.84%	-0.22%	9.43%

Correlation

The correlation between XDN0.L and PRIE.L is 0.80, 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	0.80
Correlation (3Y) Calculated over the trailing 3-year period	0.80
Correlation (5Y) Calculated over the trailing 5-year period	0.83
Correlation (All Time) Calculated using the full available price history since Mar 15, 2019	0.81

The correlation between XDN0.L and PRIE.L has been stable across timeframes, ranging from 0.80 to 0.83 - a consistent structural relationship.

XDN0.L vs. PRIE.L - Sectors Allocation Comparison

Sectors	XDN0.L	PRIE.L
Industrials	34.0%	19.2%
Financial Services	22.0%	24.2%
Healthcare	11.8%	13.4%
Technology	7.8%	9.4%
Communication Services	7.1%	3.3%
Basic Materials	5.6%	5.2%
Consumer Defensive	3.8%	8.4%
Energy	3.7%	5.2%
Consumer Cyclical	2.0%	6.5%
Utilities	1.6%	4.6%
Real Estate	0.6%	0.6%

Return for Risk

XDN0.L vs. PRIE.L — Risk / Return Rank

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

XDN0.L

XDN0.L Risk / Return Rank: 29
XDN0.L Sharpe Ratio Rank: 28
XDN0.L Sortino Ratio Rank: 26
XDN0.L Omega Ratio Rank: 26
XDN0.L Calmar Ratio Rank: 33
XDN0.L Martin Ratio Rank: 31

PRIE.L

PRIE.L Risk / Return Rank: 37
PRIE.L Sharpe Ratio Rank: 39
PRIE.L Sortino Ratio Rank: 37
PRIE.L Omega Ratio Rank: 41
PRIE.L Calmar Ratio Rank: 33
PRIE.L Martin Ratio Rank: 37

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.

XDN0.L vs. PRIE.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Xtrackers MSCI Nordic UCITS ETF 1D (XDN0.L) and Amundi Prime Europe UCITS ETF DR (D) (PRIE.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.

	XDN0.L	PRIE.L	Difference
Sharpe ratio: Return per unit of total volatility	1.00	1.36	-0.36
Sortino ratio: Return per unit of downside risk	1.42	1.90	-0.48
Omega ratio: Gain probability vs. loss probability	1.18	1.26	-0.08
Calmar ratio: Return relative to maximum drawdown	1.60	1.60	-0.01
Martin ratio: Return relative to average drawdown	4.52	5.58	-1.06
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

XDN0.L vs. PRIE.L - Sharpe Ratio Comparison

The current XDN0.L Sharpe Ratio is 1.00, which is comparable to the PRIE.L Sharpe Ratio of 1.36. The chart below compares the historical Sharpe Ratios of XDN0.L and PRIE.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.

Sharpe Ratios by Period

	XDN0.L	PRIE.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.00	1.36	-0.36
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.34	0.51	-0.17
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.65	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.63	0.49	+0.15

Drawdowns

XDN0.L vs. PRIE.L - Drawdown Comparison

The maximum XDN0.L drawdown since its inception was -24.85%, smaller than the maximum PRIE.L drawdown of -28.92%. Use the drawdown chart below to compare losses from any high point for XDN0.L and PRIE.L.

Drawdown Indicators

	XDN0.L	PRIE.L	Difference
Max Drawdown Largest peak-to-trough decline	-24.85%	-28.92%	+4.07%
Max Drawdown (1Y) Largest decline over 1 year	-9.35%	-10.55%	+1.20%
Max Drawdown (3Y) Largest decline over 3 years	-24.78%	-13.25%	-11.53%
Max Drawdown (5Y) Largest decline over 5 years	-24.78%	-17.75%	-7.03%
Max Drawdown (10Y) Largest decline over 10 years	-24.85%	—	—
Current Drawdown Current decline from peak	-0.85%	-1.14%	+0.29%
Average Drawdown Average peak-to-trough decline	-6.11%	-4.71%	-1.40%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.30%	3.04%	+0.26%

Volatility

XDN0.L vs. PRIE.L - Volatility Comparison

Xtrackers MSCI Nordic UCITS ETF 1D (XDN0.L) and Amundi Prime Europe UCITS ETF DR (D) (PRIE.L) have volatilities of 4.07% and 4.12%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	XDN0.L	PRIE.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.07%	4.12%	-0.05%
Volatility (6M) Calculated over the trailing 6-month period	11.11%	10.54%	+0.57%
Volatility (1Y) Calculated over the trailing 1-year period	14.97%	12.44%	+2.53%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.31%	14.21%	+3.10%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.25%	15.99%	+2.26%

XDN0.L vs. PRIE.L - Expense Ratio Comparison

XDN0.L has a 0.30% expense ratio, which is higher than PRIE.L's 0.05% expense ratio.

Dividends

XDN0.L vs. PRIE.L - Dividend Comparison

XDN0.L's dividend yield for the trailing twelve months is around 2.49%, more than PRIE.L's 0.02% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
PRIE.L Amundi Prime Europe UCITS ETF DR (D)	0.02%	0.03%	0.03%	0.03%	0.03%	0.02%	0.02%	0.03%	0.00%	0.00%	0.00%
XDN0.L Xtrackers MSCI Nordic UCITS ETF 1D	2.49%	2.80%	2.83%	2.51%	4.53%	1.09%	4.82%	4.18%	1.05%	2.34%	1.52%

Frequently Asked Questions

Can I hold both XDN0.L and PRIE.L in my portfolio?

XDN0.L and PRIE.L have a correlation of 0.80, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, XDN0.L or PRIE.L?

On fees, PRIE.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, XDN0.L or PRIE.L?

PRIE.L is cheaper with a 0.05% expense ratio, compared with 0.30% for XDN0.L.

What is the main difference between XDN0.L and PRIE.L?

XDN0.L tracks MSCI Nordic Countries NR EUR, while PRIE.L tracks MSCI Europe NR EUR. They also come from different issuers: Xtrackers and Amundi. Their fees differ too: 0.30% for XDN0.L and 0.05% for PRIE.L.