18MF.DE vs. UNH

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 UNH (UnitedHealth Group Incorporated) is a stock. Over the past 10 years, 18MF.DE returned 25.40%/yr vs 12.70%/yr for UNH. At a 0.31 correlation, their price movements are largely independent.

Performance

18MF.DE vs. UNH - 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 UnitedHealth Group Incorporated (UNH). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

18MF.DE is traded in EUR, while UNH is traded in USD. To make them comparable, the UNH values have been converted to EUR using the latest available exchange rates.

Returns By Period

The year-to-date returns for both investments are quite close, with 18MF.DE having a 21.45% return and UNH slightly higher at 22.42%. Over the past 10 years, 18MF.DE has outperformed UNH with an annualized return of 25.40%, while UNH has yielded a comparatively lower 12.70% 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%

UNH

• 1D: 5.02%
• 1M: 9.69%
• YTD: 22.42%
• 6M: 20.94%
• 1Y: 33.43%
• 3Y*: -8.00%
• 5Y*: 2.21%
• 10Y*: 12.70%

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

18MF.DE vs. UNH - 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%
UNH UnitedHealth Group Incorporated	22.42%	-41.07%	4.03%	-2.23%	13.56%	56.06%	11.26%	22.71%	19.90%	22.65%

Correlation

The correlation between 18MF.DE and UNH is 0.13, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.13
Correlation (3Y) Calculated over the trailing 3-year period	0.10
Correlation (5Y) Calculated over the trailing 5-year period	0.14
Correlation (10Y) Calculated over the trailing 10-year period	0.25
Correlation (All Time) Calculated using the full available price history since Feb 25, 2010	0.31

The correlation between 18MF.DE and UNH shifts across timeframes, from 0.10 (3 years) to 0.31 (all time), reflecting how their relationship changes across market environments.

Return for Risk

18MF.DE vs. UNH — 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

UNH

UNH Risk / Return Rank: 66
UNH Sharpe Ratio Rank: 69
UNH Sortino Ratio Rank: 63
UNH Omega Ratio Rank: 67
UNH Calmar Ratio Rank: 66
UNH Martin Ratio Rank: 65

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. UNH - 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 UnitedHealth Group Incorporated (UNH). 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	UNH	Difference
Sharpe ratio: Return per unit of total volatility	2.13	0.83	+1.30
Sortino ratio: Return per unit of downside risk	2.73	1.27	+1.46
Omega ratio: Gain probability vs. loss probability	1.37	1.20	+0.17
Calmar ratio: Return relative to maximum drawdown	3.33	1.19	+2.14
Martin ratio: Return relative to average drawdown	11.13	2.54	+8.59
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. UNH - Sharpe Ratio Comparison

The current 18MF.DE Sharpe Ratio is 2.13, which is higher than the UNH Sharpe Ratio of 0.83. The chart below compares the historical Sharpe Ratios of 18MF.DE and UNH, 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	UNH	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.13	0.83	+1.30
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.74	0.07	+0.68
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.78	0.41	+0.36
Sharpe Ratio (All Time) Calculated using the full available price history	0.82	0.43	+0.39

Drawdowns

18MF.DE vs. UNH - Drawdown Comparison

The maximum 18MF.DE drawdown since its inception was -59.67%, smaller than the maximum UNH drawdown of -68.21%. Use the drawdown chart below to compare losses from any high point for 18MF.DE and UNH.

Drawdown Indicators

	18MF.DE	UNH	Difference
Max Drawdown Largest peak-to-trough decline	-59.67%	-68.21%	+8.54%
Max Drawdown (1Y) Largest decline over 1 year	-14.95%	-28.22%	+13.27%
Max Drawdown (3Y) Largest decline over 3 years	-42.90%	-64.49%	+21.59%
Max Drawdown (5Y) Largest decline over 5 years	-42.90%	-64.49%	+21.59%
Max Drawdown (10Y) Largest decline over 10 years	-59.67%	-64.49%	+4.82%
Current Drawdown Current decline from peak	-0.83%	-39.70%	+38.87%
Average Drawdown Average peak-to-trough decline	-9.91%	-16.19%	+6.28%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.48%	13.20%	-8.72%

Volatility

18MF.DE vs. UNH - Volatility Comparison

The current volatility for Amundi ETF Leveraged MSCI USA Daily UCITS ETF (18MF.DE) is 5.41%, while UnitedHealth Group Incorporated (UNH) has a volatility of 8.21%. This indicates that 18MF.DE experiences smaller price fluctuations and is considered to be less risky than UNH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	18MF.DE	UNH	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.41%	8.21%	-2.80%
Volatility (6M) Calculated over the trailing 6-month period	15.46%	32.03%	-16.57%
Volatility (1Y) Calculated over the trailing 1-year period	23.36%	40.66%	-17.30%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	30.89%	32.23%	-1.34%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	32.49%	30.76%	+1.73%

Dividends

18MF.DE vs. UNH - Dividend Comparison

18MF.DE has not paid dividends to shareholders, while UNH's dividend yield for the trailing twelve months is around 2.23%.

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%
UNH UnitedHealth Group Incorporated	2.23%	2.64%	1.62%	1.38%	1.21%	1.12%	1.38%	1.41%	1.38%	1.30%	1.48%	1.59%

Frequently Asked Questions

Can I hold both 18MF.DE and UNH in my portfolio?

18MF.DE and UNH have a correlation of 0.13, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.