18MK.DE vs. ^NDX

Last updated Apr 2, 2026

Compare and contrast key facts about Amundi MSCI India UCITS ETF EUR (18MK.DE) and NASDAQ 100 Index (^NDX).

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. ^NDX - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Amundi MSCI India UCITS ETF EUR (18MK.DE) and NASDAQ 100 Index (^NDX). The values are adjusted to include any dividend payments, if applicable.

18MK.DE vs. ^NDX - 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%
^NDX NASDAQ 100 Index	-3.41%	5.91%	33.12%	49.19%	-28.81%	36.10%	35.42%	41.08%	3.61%	15.35%

Different Trading Currencies

18MK.DE is traded in EUR, while ^NDX is traded in USD. To make them comparable, the ^NDX 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 ^NDX's -3.41% return. Over the past 10 years, 18MK.DE has underperformed ^NDX with an annualized return of 6.52%, while ^NDX has yielded a comparatively higher 17.97% 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%

^NDX

• 1D: 1.07%
• 1M: -2.88%
• YTD: -3.41%
• 6M: -1.77%
• 1Y: 15.31%
• 3Y*: 19.54%
• 5Y*: 12.90%
• 10Y*: 17.97%

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

Return for Risk

18MK.DE vs. ^NDX — 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

^NDX

^NDX Risk / Return Rank: 76
^NDX Sharpe Ratio Rank: 70
^NDX Sortino Ratio Rank: 74
^NDX Omega Ratio Rank: 74
^NDX Calmar Ratio Rank: 81
^NDX Martin Ratio Rank: 80

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. ^NDX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Amundi MSCI India UCITS ETF EUR (18MK.DE) and NASDAQ 100 Index (^NDX). 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	^NDX	Difference
Sharpe ratio Return per unit of total volatility	-0.90	0.62	-1.52
Sortino ratio Return per unit of downside risk	-1.22	1.02	-2.25
Omega ratio Gain probability vs. loss probability	0.86	1.15	-0.29
Calmar ratio Return relative to maximum drawdown	-0.76	1.14	-1.90
Martin ratio Return relative to average drawdown	-1.99	3.83	-5.82
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. ^NDX - Sharpe Ratio Comparison

The current 18MK.DE Sharpe Ratio is -0.90, which is lower than the ^NDX Sharpe Ratio of 0.62. The chart below compares the historical Sharpe Ratios of 18MK.DE and ^NDX, 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	^NDX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.90	0.62	-1.52
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.24	0.58	-0.34
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.32	0.79	-0.47
Sharpe Ratio (All Time) Calculated using the full available price history	0.24	0.67	-0.43

Correlation

The correlation between 18MK.DE and ^NDX is 0.35, 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. ^NDX - Drawdown Comparison

The maximum 18MK.DE drawdown since its inception was -42.41%, smaller than the maximum ^NDX drawdown of -46.44%. Use the drawdown chart below to compare losses from any high point for 18MK.DE and ^NDX.

Drawdown Indicators

	18MK.DE	^NDX	Difference
Max Drawdown Largest peak-to-trough decline	-42.41%	-82.90%	+40.49%
Max Drawdown (1Y) Largest decline over 1 year	-21.53%	-12.72%	-8.81%
Max Drawdown (5Y) Largest decline over 5 years	-29.72%	-35.56%	+5.84%
Max Drawdown (10Y) Largest decline over 10 years	-41.56%	-35.56%	-6.00%
Current Drawdown Current decline from peak	-27.99%	-8.04%	-19.95%
Average Drawdown Average peak-to-trough decline	-12.45%	-24.72%	+12.27%
Ulcer Index Depth and duration of drawdowns from previous peaks	8.22%	3.49%	+4.73%

Volatility

18MK.DE vs. ^NDX - Volatility Comparison

Amundi MSCI India UCITS ETF EUR (18MK.DE) has a higher volatility of 6.50% compared to NASDAQ 100 Index (^NDX) at 5.69%. This indicates that 18MK.DE's price experiences larger fluctuations and is considered to be riskier than ^NDX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	18MK.DE	^NDX	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.50%	5.69%	+0.81%
Volatility (6M) Calculated over the trailing 6-month period	12.06%	13.16%	-1.10%
Volatility (1Y) Calculated over the trailing 1-year period	17.76%	24.94%	-7.18%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.46%	22.26%	-5.80%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.24%	22.85%	-2.61%