XGVC.DE vs. PRAG.DE
XGVC.DE (Xtrackers II ESG Global Government Bond UCITS ETF) and PRAG.DE (Amundi Prime Global Govies UCITS ETF) are both Global Bonds funds - XGVC.DE tracks the FTSE ESG Select World Government Bond Developed Markets while PRAG.DE tracks the Solactive Global Developed Government Bond. Both are passively managed. Over the past 3 years, XGVC.DE returned -0.19%/yr vs -0.93%/yr for PRAG.DE. Their correlation of 0.85 suggests significant overlap in exposure. XGVC.DE charges 0.20%/yr vs 0.05%/yr for PRAG.DE.
Performance
XGVC.DE vs. PRAG.DE - Performance Comparison
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Returns By Period
In the year-to-date period, XGVC.DE achieves a 0.30% return, which is significantly higher than PRAG.DE's 0.07% return.
XGVC.DE
- 1D
- 0.21%
- 1M
- 0.26%
- YTD
- 0.30%
- 6M
- -0.16%
- 1Y
- -1.01%
- 3Y*
- -0.19%
- 5Y*
- —
- 10Y*
- —
PRAG.DE
- 1D
- -0.04%
- 1M
- 0.10%
- YTD
- 0.07%
- 6M
- -0.49%
- 1Y
- -1.02%
- 3Y*
- -0.93%
- 5Y*
- -2.34%
- 10Y*
- —
XGVC.DE vs. PRAG.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
XGVC.DE Xtrackers II ESG Global Government Bond UCITS ETF | 0.30% | -4.28% | 1.61% | 2.49% | -5.86% |
PRAG.DE Amundi Prime Global Govies UCITS ETF | 0.07% | -4.82% | 2.27% | 1.13% | -4.32% |
Correlation
The correlation between XGVC.DE and PRAG.DE is 0.83, 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 | 0.83 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.84 |
Correlation (All Time) Calculated using the full available price history since Jun 29, 2022 | 0.86 |
The correlation between XGVC.DE and PRAG.DE has been stable across timeframes, ranging from 0.83 to 0.85 - a consistent structural relationship.
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Return for Risk
XGVC.DE vs. PRAG.DE — Risk / Return Rank
XGVC.DE
PRAG.DE
XGVC.DE vs. PRAG.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers II ESG Global Government Bond UCITS ETF (XGVC.DE) and Amundi Prime Global Govies UCITS ETF (PRAG.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.
| XGVC.DE | PRAG.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.01 | ||
| Sortino ratioReturn per unit of downside risk | 0.00 | ||
| Omega ratioGain probability vs. loss probability | 0.95 | 0.95 | 0.00 |
| Calmar ratioReturn relative to maximum drawdown | -0.51 | -0.50 | 0.00 |
| Martin ratioReturn relative to average drawdown | -0.95 | -0.96 | +0.01 |
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
| XGVC.DE | PRAG.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.34 | -0.33 | -0.01 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | -0.34 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.24 | -0.30 | +0.06 |
Drawdowns
XGVC.DE vs. PRAG.DE - Drawdown Comparison
The maximum XGVC.DE drawdown since its inception was -15.47%, smaller than the maximum PRAG.DE drawdown of -23.63%. Use the drawdown chart below to compare losses from any high point for XGVC.DE and PRAG.DE.
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Drawdown Indicators
| XGVC.DE | PRAG.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -15.47% | -23.63% | +8.16% |
Max Drawdown (1Y)Largest decline over 1 year | -2.66% | -2.91% | +0.25% |
Max Drawdown (3Y)Largest decline over 3 years | -7.10% | -7.74% | +0.64% |
Max Drawdown (5Y)Largest decline over 5 years | — | -17.70% | — |
Current DrawdownCurrent decline from peak | -12.39% | -21.95% | +9.56% |
Average DrawdownAverage peak-to-trough decline | -10.81% | -15.85% | +5.04% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.42% | 1.52% | -0.10% |
Volatility
XGVC.DE vs. PRAG.DE - Volatility Comparison
Xtrackers II ESG Global Government Bond UCITS ETF (XGVC.DE) has a higher volatility of 1.54% compared to Amundi Prime Global Govies UCITS ETF (PRAG.DE) at 1.17%. This indicates that XGVC.DE's price experiences larger fluctuations and is considered to be riskier than PRAG.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| XGVC.DE | PRAG.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.54% | 1.17% | +0.37% |
Volatility (6M)Calculated over the trailing 6-month period | 3.05% | 3.27% | -0.22% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.00% | 4.41% | -0.41% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.22% | 6.71% | -0.49% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 6.22% | 7.87% | -1.65% |
XGVC.DE vs. PRAG.DE - Expense Ratio Comparison
XGVC.DE has a 0.20% expense ratio, which is higher than PRAG.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
XGVC.DE vs. PRAG.DE - Dividend Comparison
Neither XGVC.DE nor PRAG.DE has paid dividends to shareholders.
Frequently Asked Questions
XGVC.DE and PRAG.DE have a correlation of 0.83, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, PRAG.DE is cheaper at 0.05% per year. The better choice depends on whether you care most about return, fees, risk, or income.
PRAG.DE is cheaper with a 0.05% expense ratio, compared with 0.20% for XGVC.DE.
XGVC.DE tracks FTSE ESG Select World Government Bond Developed Markets, while PRAG.DE tracks Solactive Global Developed Government Bond. They also come from different issuers: Xtrackers and Amundi. Their fees differ too: 0.20% for XGVC.DE and 0.05% for PRAG.DE.
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