18MF.DE vs. BT-A.L

Last updated Jun 5, 2026

18MF.DE (Amundi ETF Leveraged MSCI USA Daily UCITS ETF) is Leveraged Equities fund tracking the MSCI USA Index (200%), while BT-A.L (BT Group plc) is a stock. Over the past 10 years, 18MF.DE returned 25.40%/yr vs -3.76%/yr for BT-A.L. At a 0.33 correlation, their price movements are largely independent.

Performance

18MF.DE vs. BT-A.L - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Amundi ETF Leveraged MSCI USA Daily UCITS ETF (18MF.DE) and BT Group plc (BT-A.L). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

18MF.DE is traded in EUR, while BT-A.L is traded in GBp. To make them comparable, the BT-A.L values have been converted to EUR using the latest available exchange rates.

Returns By Period

In the year-to-date period, 18MF.DE achieves a 21.45% return, which is significantly higher than BT-A.L's 10.51% return. Over the past 10 years, 18MF.DE has outperformed BT-A.L with an annualized return of 25.40%, while BT-A.L has yielded a comparatively lower -3.76% annualized return.

18MF.DE

• 1D: -0.20%
• 1M: 10.64%
• YTD: 21.45%
• 6M: 20.92%
• 1Y: 50.02%
• 3Y*: 32.82%
• 5Y*: 23.27%
• 10Y*: 25.40%

BT-A.L

• 1D: -0.78%
• 1M: -8.72%
• YTD: 10.51%
• 6M: 15.00%
• 1Y: 15.58%
• 3Y*: 17.71%
• 5Y*: 7.39%
• 10Y*: -3.76%

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

18MF.DE vs. BT-A.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
18MF.DE Amundi ETF Leveraged MSCI USA Daily UCITS ETF	21.45%	1.66%	64.13%	43.13%	-33.43%	88.19%	5.29%	77.81%	-5.75%	12.05%
BT-A.L BT Group plc	10.51%	26.16%	29.66%	20.19%	-33.83%	38.42%	-35.01%	-6.56%	-7.71%	-25.06%

Correlation

The correlation between 18MF.DE and BT-A.L is 0.01, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.01
Correlation (3Y) Calculated over the trailing 3-year period	0.10
Correlation (5Y) Calculated over the trailing 5-year period	0.20
Correlation (10Y) Calculated over the trailing 10-year period	0.24
Correlation (All Time) Calculated using the full available price history since Feb 25, 2010	0.33

Over the past year, the correlation between 18MF.DE and BT-A.L has dropped to 0.01 - well below their long-term average of 0.33, suggesting their price drivers have been diverging.

Return for Risk

18MF.DE vs. BT-A.L — Risk / Return Rank

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

18MF.DE

18MF.DE Risk / Return Rank: 63
18MF.DE Sharpe Ratio Rank: 65
18MF.DE Sortino Ratio Rank: 58
18MF.DE Omega Ratio Rank: 61
18MF.DE Calmar Ratio Rank: 68
18MF.DE Martin Ratio Rank: 63

BT-A.L

BT-A.L Risk / Return Rank: 60
BT-A.L Sharpe Ratio Rank: 65
BT-A.L Sortino Ratio Rank: 60
BT-A.L Omega Ratio Rank: 57
BT-A.L Calmar Ratio Rank: 61
BT-A.L Martin Ratio Rank: 59

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.

18MF.DE vs. BT-A.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Amundi ETF Leveraged MSCI USA Daily UCITS ETF (18MF.DE) and BT Group plc (BT-A.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.

	18MF.DE	BT-A.L	Difference
Sharpe ratio: Return per unit of total volatility	2.13	0.59	+1.54
Sortino ratio: Return per unit of downside risk	2.73	1.06	+1.67
Omega ratio: Gain probability vs. loss probability	1.37	1.13	+0.24
Calmar ratio: Return relative to maximum drawdown	3.33	0.73	+2.60
Martin ratio: Return relative to average drawdown	11.13	1.46	+9.67
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

18MF.DE vs. BT-A.L - Sharpe Ratio Comparison

The current 18MF.DE Sharpe Ratio is 2.13, which is higher than the BT-A.L Sharpe Ratio of 0.59. The chart below compares the historical Sharpe Ratios of 18MF.DE and BT-A.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

	18MF.DE	BT-A.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.13	0.59	+1.54
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.74	0.24	+0.50
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.78	-0.12	+0.89
Sharpe Ratio (All Time) Calculated using the full available price history	0.82	0.03	+0.80

Drawdowns

18MF.DE vs. BT-A.L - Drawdown Comparison

The maximum 18MF.DE drawdown since its inception was -59.67%, smaller than the maximum BT-A.L drawdown of -81.43%. Use the drawdown chart below to compare losses from any high point for 18MF.DE and BT-A.L.

Drawdown Indicators

	18MF.DE	BT-A.L	Difference
Max Drawdown Largest peak-to-trough decline	-59.67%	-81.43%	+21.76%
Max Drawdown (1Y) Largest decline over 1 year	-14.95%	-21.37%	+6.42%
Max Drawdown (3Y) Largest decline over 3 years	-42.90%	-26.37%	-16.53%
Max Drawdown (5Y) Largest decline over 5 years	-42.90%	-44.60%	+1.70%
Max Drawdown (10Y) Largest decline over 10 years	-59.67%	-76.24%	+16.57%
Current Drawdown Current decline from peak	-0.83%	-46.94%	+46.11%
Average Drawdown Average peak-to-trough decline	-9.91%	-46.61%	+36.70%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.48%	10.63%	-6.15%

Volatility

18MF.DE vs. BT-A.L - Volatility Comparison

The current volatility for Amundi ETF Leveraged MSCI USA Daily UCITS ETF (18MF.DE) is 5.41%, while BT Group plc (BT-A.L) has a volatility of 11.15%. This indicates that 18MF.DE experiences smaller price fluctuations and is considered to be less risky than BT-A.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	18MF.DE	BT-A.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.41%	11.15%	-5.74%
Volatility (6M) Calculated over the trailing 6-month period	15.46%	20.30%	-4.84%
Volatility (1Y) Calculated over the trailing 1-year period	23.36%	26.18%	-2.82%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	30.89%	30.36%	+0.53%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	32.49%	32.32%	+0.17%

Dividends

18MF.DE vs. BT-A.L - Dividend Comparison

18MF.DE has not paid dividends to shareholders, while BT-A.L's dividend yield for the trailing twelve months is around 4.07%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
18MF.DE Amundi ETF Leveraged MSCI USA Daily UCITS ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
BT-A.L BT Group plc	4.07%	4.46%	5.62%	6.23%	6.87%	1.36%	0.00%	8.00%	6.37%	5.67%	3.94%	2.73%

Frequently Asked Questions

Can I hold both 18MF.DE and BT-A.L in my portfolio?

18MF.DE and BT-A.L have a correlation of 0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.