XESP.DE vs. PR1Z.DE
XESP.DE (Xtrackers Spanish Equity UCITS ETF) and PR1Z.DE (Amundi Prime Eurozone UCITS ETF DR (D)) are both Europe Equities funds - XESP.DE tracks the Solactive Spain 40 while PR1Z.DE tracks the Solactive GBS Developed Markets Eurozone Large & Mid Cap. Both are passively managed. Over the past 5 years, XESP.DE returned 21.76%/yr vs 11.53%/yr for PR1Z.DE. Their correlation of 0.81 suggests significant overlap in exposure. XESP.DE charges 0.30%/yr vs 0.05%/yr for PR1Z.DE.
Performance
XESP.DE vs. PR1Z.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, XESP.DE achieves a 14.72% return, which is significantly higher than PR1Z.DE's 11.71% return.
XESP.DE
- 1D
- -0.30%
- 1M
- 2.82%
- 6M
- 11.75%
- YTD
- 14.72%
- 1Y
- 45.90%
- 3Y*
- 31.04%
- 5Y*
- 21.76%
- 10Y*
- 12.69%
PR1Z.DE
- 1D
- -0.18%
- 1M
- 0.13%
- 6M
- 7.95%
- YTD
- 11.71%
- 1Y
- 22.09%
- 3Y*
- 16.40%
- 5Y*
- 11.53%
- 10Y*
- —
XESP.DE vs. PR1Z.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
XESP.DE Xtrackers Spanish Equity UCITS ETF | 14.72% | 58.64% | 14.63% | 26.81% | -1.62% | 10.85% | -10.20% | 7.26% |
PR1Z.DE Amundi Prime Eurozone UCITS ETF DR (D) | 11.71% | 24.78% | 9.45% | 19.41% | -12.44% | 27.38% | -4.63% | 22.47% |
Correlation
The correlation between XESP.DE and PR1Z.DE is 0.82, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.82 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.78 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.79 |
Correlation (All Time) Calculated using the full available price history since Jan 30, 2019 | 0.81 |
The correlation between XESP.DE and PR1Z.DE has been stable across timeframes, ranging from 0.78 to 0.82 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
XESP.DE vs. PR1Z.DE — Risk / Return Rank
XESP.DE
PR1Z.DE
XESP.DE vs. PR1Z.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers Spanish Equity UCITS ETF (XESP.DE) and Amundi Prime Eurozone UCITS ETF DR (D) (PR1Z.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.
| XESP.DE | PR1Z.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.19 | ||
| Sortino ratioReturn per unit of downside risk | +1.36 | ||
| Omega ratioGain probability vs. loss probability | 1.48 | 1.28 | +0.20 |
| Calmar ratioReturn relative to maximum drawdown | 4.49 | 2.13 | +2.36 |
| Martin ratioReturn relative to average drawdown | 15.96 | 8.01 | +7.96 |
Loading charts...
Drawdowns
XESP.DE vs. PR1Z.DE - Drawdown Comparison
The maximum XESP.DE drawdown since its inception was -40.70%, roughly equal to the maximum PR1Z.DE drawdown of -39.55%. Use the drawdown chart below to compare losses from any high point for XESP.DE and PR1Z.DE.
Loading charts...
Drawdown Indicators
| XESP.DE | PR1Z.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -40.70% | -39.55% | -1.15% |
Max Drawdown (1Y)Largest decline over 1 year | -10.17% | -10.31% | +0.14% |
Max Drawdown (3Y)Largest decline over 3 years | -12.92% | -15.67% | +2.75% |
Max Drawdown (5Y)Largest decline over 5 years | -18.56% | -24.21% | +5.65% |
Max Drawdown (10Y)Largest decline over 10 years | -39.03% | — | — |
Current DrawdownCurrent decline from peak | -2.29% | -2.31% | +0.02% |
Average DrawdownAverage peak-to-trough decline | -10.03% | -5.54% | -4.49% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.87% | 2.75% | +0.12% |
Volatility
XESP.DE vs. PR1Z.DE - Volatility Comparison
Xtrackers Spanish Equity UCITS ETF (XESP.DE) has a higher volatility of 4.47% compared to Amundi Prime Eurozone UCITS ETF DR (D) (PR1Z.DE) at 4.11%. This indicates that XESP.DE's price experiences larger fluctuations and is considered to be riskier than PR1Z.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| XESP.DE | PR1Z.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.47% | 4.11% | +0.36% |
Volatility (6M)Calculated over the trailing 6-month period | 14.86% | 12.61% | +2.25% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.11% | 14.78% | +2.33% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.71% | 16.31% | +0.40% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.36% | 18.65% | -0.29% |
XESP.DE vs. PR1Z.DE - Expense Ratio Comparison
XESP.DE has a 0.30% expense ratio, which is higher than PR1Z.DE's 0.05% expense ratio.
Dividends
XESP.DE vs. PR1Z.DE - Dividend Comparison
XESP.DE has not paid dividends to shareholders, while PR1Z.DE's dividend yield for the trailing twelve months is around 2.26%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
PR1Z.DE Amundi Prime Eurozone UCITS ETF DR (D) | 2.26% | 2.53% | 2.77% | 2.80% | 3.09% | 1.83% | 2.11% | 2.60% |
XESP.DE Xtrackers Spanish Equity UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
XESP.DE and PR1Z.DE have a correlation of 0.82, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, PR1Z.DE is cheaper at 0.05% per year. The better choice depends on whether you care most about return, fees, risk, or income.
PR1Z.DE is cheaper with a 0.05% expense ratio, compared with 0.30% for XESP.DE.
XESP.DE tracks Solactive Spain 40, while PR1Z.DE tracks Solactive GBS Developed Markets Eurozone Large & Mid Cap. They also come from different issuers: Xtrackers and Amundi. Their fees differ too: 0.30% for XESP.DE and 0.05% for PR1Z.DE.
Find the right allocation for XESP.DE and PR1Z.DE
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer