XGLE.L vs. PRIR.L
XGLE.L (Xtrackers Eurozone Government Bond UCITS ETF 1C) and PRIR.L (Amundi Prime Euro Govies UCITS ETF DR (D)) are both European Government Bonds funds tracking the Bloomberg Euro Agg Govt TR EUR, from DWS and Amundi respectively. Both are passively managed. Over the past 5 years, XGLE.L returned -2.30%/yr vs -2.25%/yr for PRIR.L. A 0.59 correlation means they provide meaningful diversification when combined. XGLE.L charges 0.15%/yr vs 0.05%/yr for PRIR.L.
Performance
XGLE.L vs. PRIR.L - Performance Comparison
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Different Trading Currencies
XGLE.L is traded in EUR, while PRIR.L is traded in GBp. To make them comparable, the PRIR.L values have been converted to EUR using the latest available exchange rates.
Returns By Period
XGLE.L
- 1D
- -0.44%
- 1M
- 0.30%
- YTD
- -0.00%
- 6M
- -0.24%
- 1Y
- -0.20%
- 3Y*
- 2.18%
- 5Y*
- -2.30%
- 10Y*
- -0.38%
PRIR.L
- 1D
- -0.51%
- 1M
- 0.23%
- YTD
- -0.07%
- 6M
- -0.39%
- 1Y
- -0.32%
- 3Y*
- 2.13%
- 5Y*
- -2.25%
- 10Y*
- —
XGLE.L vs. PRIR.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
XGLE.L Xtrackers Eurozone Government Bond UCITS ETF 1C | -0.00% | 0.57% | 1.68% | 6.80% | -18.23% | -3.63% | 4.76% | 4.56% |
PRIR.L Amundi Prime Euro Govies UCITS ETF DR (D) | -0.07% | 0.22% | 1.65% | 6.71% | -17.77% | -3.59% | 4.35% | 5.19% |
Correlation
The correlation between XGLE.L and PRIR.L is 0.78, 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 | 0.78 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.71 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.69 |
Correlation (All Time) Calculated using the full available price history since Apr 17, 2019 | 0.59 |
The correlation between XGLE.L and PRIR.L shifts across timeframes, from 0.59 (all time) to 0.78 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
XGLE.L vs. PRIR.L — Risk / Return Rank
XGLE.L
PRIR.L
XGLE.L vs. PRIR.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers Eurozone Government Bond UCITS ETF 1C (XGLE.L) and Amundi Prime Euro Govies UCITS ETF DR (D) (PRIR.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.
| XGLE.L | PRIR.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.02 | ||
| Sortino ratioReturn per unit of downside risk | +0.03 | ||
| Omega ratioGain probability vs. loss probability | 1.00 | 0.99 | 0.00 |
| Calmar ratioReturn relative to maximum drawdown | -0.06 | -0.09 | +0.03 |
| Martin ratioReturn relative to average drawdown | -0.15 | -0.22 | +0.08 |
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
| XGLE.L | PRIR.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.05 | -0.07 | +0.02 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.36 | -0.38 | +0.02 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | -0.07 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.41 | -0.14 | +0.56 |
Drawdowns
XGLE.L vs. PRIR.L - Drawdown Comparison
The maximum XGLE.L drawdown since its inception was -22.56%, roughly equal to the maximum PRIR.L drawdown of -22.02%. Use the drawdown chart below to compare losses from any high point for XGLE.L and PRIR.L.
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Drawdown Indicators
| XGLE.L | PRIR.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -22.56% | -22.02% | -0.54% |
Max Drawdown (1Y)Largest decline over 1 year | -3.54% | -3.76% | +0.22% |
Max Drawdown (3Y)Largest decline over 3 years | -3.99% | -4.07% | +0.08% |
Max Drawdown (5Y)Largest decline over 5 years | -21.62% | -21.27% | -0.35% |
Max Drawdown (10Y)Largest decline over 10 years | -22.56% | — | — |
Current DrawdownCurrent decline from peak | -14.25% | -13.87% | -0.38% |
Average DrawdownAverage peak-to-trough decline | -6.51% | -13.58% | +7.07% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.37% | 1.43% | -0.06% |
Volatility
XGLE.L vs. PRIR.L - Volatility Comparison
Xtrackers Eurozone Government Bond UCITS ETF 1C (XGLE.L) and Amundi Prime Euro Govies UCITS ETF DR (D) (PRIR.L) have volatilities of 1.72% and 1.73%, 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.
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Volatility by Period
| XGLE.L | PRIR.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.72% | 1.73% | -0.01% |
Volatility (6M)Calculated over the trailing 6-month period | 3.54% | 3.83% | -0.29% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.22% | 4.75% | -0.53% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.34% | 7.71% | -1.37% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.34% | 9.23% | -3.89% |
XGLE.L vs. PRIR.L - Expense Ratio Comparison
XGLE.L has a 0.15% expense ratio, which is higher than PRIR.L'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
XGLE.L vs. PRIR.L - Dividend Comparison
XGLE.L has not paid dividends to shareholders, while PRIR.L's dividend yield for the trailing twelve months is around 2.75%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
PRIR.L Amundi Prime Euro Govies UCITS ETF DR (D) | 2.75% | 2.72% | 2.07% | 1.88% | 1.83% | 1.57% | 1.64% | 1.05% |
XGLE.L Xtrackers Eurozone Government Bond UCITS ETF 1C | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
XGLE.L and PRIR.L have a correlation of 0.78, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, PRIR.L is cheaper at 0.05% per year. The better choice depends on whether you care most about return, fees, risk, or income.
PRIR.L is cheaper with a 0.05% expense ratio, compared with 0.15% for XGLE.L.
Both ETFs track Bloomberg Euro Agg Govt TR EUR. They also come from different issuers: DWS and Amundi. Their fees differ too: 0.15% for XGLE.L and 0.05% for PRIR.L.
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