18MK.DE vs. ^GSPC
18MK.DE (Amundi MSCI India UCITS ETF EUR) is Asia Pacific Equities fund tracking the MSCI India, while ^GSPC (S&P 500 Index) is an index. At a 0.30 correlation, their price movements are largely independent.
Performance
18MK.DE vs. ^GSPC - Performance Comparison
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Different Trading Currencies
18MK.DE is traded in EUR, while ^GSPC is traded in USD. To make them comparable, the ^GSPC values have been converted to EUR using the latest available exchange rates.
Returns By Period
In the year-to-date period, 18MK.DE achieves a -11.57% return, which is significantly lower than ^GSPC's 12.06% return.
18MK.DE
- 1D
- 0.68%
- 1M
- -3.98%
- YTD
- -11.57%
- 6M
- -13.20%
- 1Y
- -15.27%
- 3Y*
- 1.67%
- 5Y*
- 3.55%
- 10Y*
- 6.21%
^GSPC
- 1D
- 0.00%
- 1M
- 4.16%
- YTD
- 12.06%
- 6M
- 10.65%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
18MK.DE vs. ^GSPC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
18MK.DE Amundi MSCI India UCITS ETF EUR | -11.57% | -5.90% |
^GSPC S&P 500 Index | 9.98% | 10.65% |
Correlation
The correlation between 18MK.DE and ^GSPC is 0.30, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Jun 9, 2025 | 0.30 |
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Return for Risk
18MK.DE vs. ^GSPC — Risk / Return Rank
18MK.DE
^GSPC
18MK.DE vs. ^GSPC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Amundi MSCI India UCITS ETF EUR (18MK.DE) and S&P 500 Index (^GSPC). 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.
| 18MK.DE | ^GSPC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 0.87 | — | — |
| Calmar ratioReturn relative to maximum drawdown | -0.72 | — | — |
| Martin ratioReturn relative to average drawdown | -1.54 | — | — |
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
| 18MK.DE | ^GSPC | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.89 | — | — |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.21 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.30 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.25 | 1.98 | -1.74 |
Drawdowns
18MK.DE vs. ^GSPC - Drawdown Comparison
The maximum 18MK.DE drawdown since its inception was -42.41%, which is greater than ^GSPC's maximum drawdown of -7.57%. Use the drawdown chart below to compare losses from any high point for 18MK.DE and ^GSPC.
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Drawdown Indicators
| 18MK.DE | ^GSPC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -42.41% | -7.57% | -34.84% |
Max Drawdown (1Y)Largest decline over 1 year | -20.43% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -29.72% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -29.72% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -41.56% | — | — |
Current DrawdownCurrent decline from peak | -26.69% | -0.20% | -26.49% |
Average DrawdownAverage peak-to-trough decline | -12.59% | -1.39% | -11.20% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.60% | — | — |
Volatility
18MK.DE vs. ^GSPC - Volatility Comparison
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Volatility by Period
| 18MK.DE | ^GSPC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.23% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 13.99% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 16.62% | 12.22% | +4.40% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.58% | 12.22% | +4.36% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.29% | 12.22% | +8.07% |
Frequently Asked Questions
18MK.DE and ^GSPC have a correlation of 0.30, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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