18MK.DE vs. ^GSPC

Last updated Apr 2, 2026

Compare and contrast key facts about Amundi MSCI India UCITS ETF EUR (18MK.DE) and S&P 500 Index (^GSPC).

18MK.DE is a passively managed fund by Amundi that tracks the performance of the MSCI India. It was launched on Apr 18, 2018.

Performance

18MK.DE vs. ^GSPC - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Amundi MSCI India UCITS ETF EUR (18MK.DE) and S&P 500 Index (^GSPC). The values are adjusted to include any dividend payments, if applicable.

18MK.DE vs. ^GSPC - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
18MK.DE Amundi MSCI India UCITS ETF EUR	-13.14%	-10.32%	16.35%	14.11%	-2.28%	33.62%	2.72%	9.58%	-4.91%	20.20%
^GSPC S&P 500 Index	-2.47%	2.58%	31.45%	20.51%	-14.45%	36.38%	6.68%	31.79%	-1.84%	4.74%

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 -13.14% return, which is significantly lower than ^GSPC's -2.47% return. Over the past 10 years, 18MK.DE has underperformed ^GSPC with an annualized return of 6.52%, while ^GSPC has yielded a comparatively higher 12.07% annualized return.

18MK.DE

• 1D: 2.32%
• 1M: -8.66%
• YTD: -13.14%
• 6M: -11.13%
• 1Y: -16.01%
• 3Y*: 4.02%
• 5Y*: 4.07%
• 10Y*: 6.52%

^GSPC

• 1D: 0.61%
• 1M: -3.45%
• YTD: -2.47%
• 6M: -0.63%
• 1Y: 8.91%
• 3Y*: 14.47%
• 5Y*: 10.74%
• 10Y*: 12.07%

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

Return for Risk

18MK.DE vs. ^GSPC — Risk / Return Rank

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

18MK.DE

18MK.DE Risk / Return Rank: 1
18MK.DE Sharpe Ratio Rank: 1
18MK.DE Sortino Ratio Rank: 1
18MK.DE Omega Ratio Rank: 1
18MK.DE Calmar Ratio Rank: 1
18MK.DE Martin Ratio Rank: 0

^GSPC

^GSPC Risk / Return Rank: 67
^GSPC Sharpe Ratio Rank: 63
^GSPC Sortino Ratio Rank: 64
^GSPC Omega Ratio Rank: 69
^GSPC Calmar Ratio Rank: 60
^GSPC Martin Ratio Rank: 77

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.

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 ratio Return per unit of total volatility	-0.90	0.43	-1.33
Sortino ratio Return per unit of downside risk	-1.22	0.73	-1.95
Omega ratio Gain probability vs. loss probability	0.86	1.12	-0.26
Calmar ratio Return relative to maximum drawdown	-0.76	0.66	-1.42
Martin ratio Return relative to average drawdown	-1.99	2.77	-4.76
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

18MK.DE vs. ^GSPC - Sharpe Ratio Comparison

The current 18MK.DE Sharpe Ratio is -0.90, which is lower than the ^GSPC Sharpe Ratio of 0.43. The chart below compares the historical Sharpe Ratios of 18MK.DE and ^GSPC, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	18MK.DE	^GSPC	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.90	0.43	-1.33
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.24	0.64	-0.40
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.32	0.65	-0.33
Sharpe Ratio (All Time) Calculated using the full available price history	0.24	0.45	-0.21

Correlation

The correlation between 18MK.DE and ^GSPC is 0.40, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Drawdowns

18MK.DE vs. ^GSPC - Drawdown Comparison

The maximum 18MK.DE drawdown since its inception was -42.41%, smaller than the maximum ^GSPC drawdown of -53.11%. Use the drawdown chart below to compare losses from any high point for 18MK.DE and ^GSPC.

Drawdown Indicators

	18MK.DE	^GSPC	Difference
Max Drawdown Largest peak-to-trough decline	-42.41%	-56.78%	+14.37%
Max Drawdown (1Y) Largest decline over 1 year	-21.53%	-12.14%	-9.39%
Max Drawdown (5Y) Largest decline over 5 years	-29.72%	-25.43%	-4.29%
Max Drawdown (10Y) Largest decline over 10 years	-41.56%	-33.92%	-7.64%
Current Drawdown Current decline from peak	-27.99%	-5.78%	-22.21%
Average Drawdown Average peak-to-trough decline	-12.45%	-10.75%	-1.70%
Ulcer Index Depth and duration of drawdowns from previous peaks	8.22%	2.60%	+5.62%

Volatility

18MK.DE vs. ^GSPC - Volatility Comparison

Amundi MSCI India UCITS ETF EUR (18MK.DE) has a higher volatility of 6.50% compared to S&P 500 Index (^GSPC) at 4.42%. This indicates that 18MK.DE's price experiences larger fluctuations and is considered to be riskier than ^GSPC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	18MK.DE	^GSPC	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.50%	4.42%	+2.08%
Volatility (6M) Calculated over the trailing 6-month period	12.06%	9.93%	+2.13%
Volatility (1Y) Calculated over the trailing 1-year period	17.76%	20.69%	-2.93%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.46%	16.81%	-0.35%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.24%	18.63%	+1.61%