- Issuer
- Expat
- Inception Date
- Feb 5, 2018
- Region
- Europe (North Macedonia)
- Category
- Europe Equities
- Leveraged
- 1x (No leverage)
- Index Tracked
- MBI10 Index
- Domicile
- Bulgaria
- Distribution Policy
- Accumulating
- Asset Class
- Equity
- Asset Class Size
- Large-Cap
- Asset Class Style
- Blend
Share Price Chart
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Compare stocks, funds, or ETFs
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Performance
MKK1.DE Performance Chart
Expat Macedonia MBI10 UCITS ETF (MKK1.DE) is down 6.6% since the beginning of the year. MKK1.DE is currently trading at €2 per share. Investors who bought €1,000 worth of MKK1.DE shares 5 years ago would now be looking at an investment worth €1,356.
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Returns By Period
Expat Macedonia MBI10 UCITS ETF (MKK1.DE) has returned -6.62% so far this year and -10.30% over the past 12 months.
Expat Macedonia MBI10 UCITS ETF
- 1D
- -0.50%
- 1M
- -5.06%
- 6M
- -8.12%
- YTD
- -6.62%
- 1Y
- -10.30%
- 3Y*
- 12.27%
- 5Y*
- 6.28%
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- -0.09%
- 1M
- 1.27%
- 6M
- 10.98%
- YTD
- 13.27%
- 1Y
- 22.64%
- 3Y*
- 18.04%
- 5Y*
- 12.49%
- 10Y*
- 12.92%
MKK1.DE Monthly Returns History
Based on dividend-adjusted daily data since Apr 16, 2018, MKK1.DE's average daily return is +0.05%, while the average monthly return is +0.97%. At this rate, an investment would double in approximately 6.0 years.
Historically, 54% of months were positive and 46% were negative. The best month was Apr 2020 with a return of +20.7%, while the worst month was Mar 2020 at -19.4%. The longest winning streak lasted 9 consecutive months, and the longest losing streak was 7 months.
On a daily basis, MKK1.DE closed higher 32% of trading days. The best single day was Jul 25, 2024 with a return of +7.8%, while the worst single day was Mar 12, 2020 at -8.3%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -0.82% | 1.24% | -3.27% | 2.53% | -2.06% | -1.26% | -3.04% | -6.62% | |||||
| 2025 | 3.52% | -1.51% | -3.07% | 1.58% | 0.39% | -0.39% | -0.78% | 0.00% | -1.18% | -0.40% | -1.20% | -1.61% | -4.69% |
| 2024 | 7.32% | 5.68% | 0.54% | 4.81% | 0.51% | 4.57% | 7.77% | 0.45% | 0.45% | -0.89% | 4.50% | 10.34% | 56.10% |
| 2023 | 1.94% | -0.00% | 1.27% | 3.12% | -2.42% | -3.11% | 4.49% | -3.07% | 2.53% | 1.23% | -0.00% | 0.00% | 5.81% |
| 2022 | 1.57% | -3.61% | 3.21% | 3.63% | -4.00% | -8.33% | -0.57% | -6.29% | -3.66% | -0.00% | -2.53% | 0.65% | -18.85% |
| 2021 | 3.36% | 1.30% | -2.56% | 3.29% | 4.46% | -0.61% | 4.91% | 5.85% | -2.21% | 5.08% | -1.08% | 3.80% | 28.19% |
Benchmark Metrics
Expat Macedonia MBI10 UCITS ETF has an annualized alpha of 11.56%, beta of 0.05, and R2 of 0.00 versus S&P 500 Index. Calculated based on daily prices since April 16, 2018.
- This ETF participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (38.05%) than losses (18.10%) - typical of diversified or defensive assets.
- Beta of 0.05 may look defensive, but with R2 of 0.00 this ETF is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this ETF's risk.
- R2 of 0.00 means this ETF moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.
- Alpha
- 11.56%
- Beta
- 0.05
- R²
- 0.00
- Upside Capture
- 38.05%
- Downside Capture
- 18.10%
Expense Ratio
MKK1.DE has a high expense ratio of 1.38%, indicating above-average management fees.
Return for Risk
Risk / Return Rank
MKK1.DE ranks 2 for risk / return — in the bottom 2% of ETFs on our site. This means you're taking on significantly more risk than the returns justify. Consider whether the potential upside is worth the volatility, or explore alternatives with better risk / return profiles.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Expat Macedonia MBI10 UCITS ETF (MKK1.DE) and compare them to S&P 500 Index.
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.
| MKK1.DE | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.80 | ||
| Sortino ratioReturn per unit of downside risk | -3.74 | ||
| Omega ratioGain probability vs. loss probability | 0.83 | 1.33 | -0.50 |
| Calmar ratioReturn relative to maximum drawdown | -0.77 | 3.01 | -3.78 |
| Martin ratioReturn relative to average drawdown | -1.83 | 11.10 | -12.93 |
Dividends
Dividend History
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the Expat Macedonia MBI10 UCITS ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Expat Macedonia MBI10 UCITS ETF was 33.12%, occurring on Mar 27, 2020. Recovery took 219 trading sessions.
The current Expat Macedonia MBI10 UCITS ETF drawdown is 15.61%.
Drawdown | Fall | Recovery | Underwater | Related event |
|---|---|---|---|---|
-33.12%Mar 2020 | 1mo 2d | 10mo 19d | 11mo 21dFeb 2020 - Feb 2021 | COVID crash2020 |
-25.62%Oct 2022 | 8mo 11d | 1y 7mo | 2y 4moFeb 2022 - Jun 2024 | Bear market2022 |
-16.67%Jul 2026 | 1y 5mo | — | 1y 5moJan 2025 - now | — |
-7.83%Dec 2018 | 2mo 2d | 4mo 25d | 6mo 27dOct 2018 - May 2019 | Rate-hike selloffLate 2018 |
-7.80%Oct 2019 | 8d | 2mo 12d | 2mo 20dOct 2019 - Jan 2020 | — |
Drawdown Indicators
| MKK1.DE | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.12% | -51.17% | +18.05% |
Max Drawdown (1Y)Largest decline over 1 year | -12.79% | -7.57% | -5.22% |
Max Drawdown (3Y)Largest decline over 3 years | -16.67% | -23.99% | +7.32% |
Max Drawdown (5Y)Largest decline over 5 years | -25.62% | -23.99% | -1.63% |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.42% | — |
Current DrawdownCurrent decline from peak | -15.61% | -0.52% | -15.09% |
Average DrawdownAverage peak-to-trough decline | -8.13% | -8.90% | +0.77% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.44% | 2.04% | +3.40% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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