18MK.DE vs. ^NDX
18MK.DE (Amundi MSCI India UCITS ETF EUR) is Asia Pacific Equities fund tracking the MSCI India, while ^NDX (NASDAQ 100 Index) is an index. Over the past 10 years, 18MK.DE returned 6.21%/yr vs 20.72%/yr for ^NDX. At a 0.35 correlation, their price movements are largely independent.
Performance
18MK.DE vs. ^NDX - Performance Comparison
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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 -11.57% return, which is significantly lower than ^NDX's 21.80% return. Over the past 10 years, 18MK.DE has underperformed ^NDX with an annualized return of 6.21%, while ^NDX has yielded a comparatively higher 20.72% annualized return.
18MK.DE
- 1D
- 0.68%
- 1M
- -2.82%
- YTD
- -11.57%
- 6M
- -12.43%
- 1Y
- -14.84%
- 3Y*
- 1.67%
- 5Y*
- 3.55%
- 10Y*
- 6.21%
^NDX
- 1D
- -0.67%
- 1M
- 9.26%
- YTD
- 21.80%
- 6M
- 19.18%
- 1Y
- 37.64%
- 3Y*
- 24.43%
- 5Y*
- 18.26%
- 10Y*
- 20.72%
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 | -11.57% | -10.32% | 16.35% | 14.11% | -2.28% | 33.62% | 2.72% | 9.58% | -4.91% | 20.20% |
^NDX NASDAQ 100 Index | 21.80% | 5.91% | 33.12% | 49.19% | -28.81% | 36.10% | 35.42% | 41.08% | 3.61% | 15.35% |
Correlation
The correlation between 18MK.DE and ^NDX is 0.27, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.27 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.28 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.30 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.31 |
Correlation (All Time) Calculated using the full available price history since Feb 25, 2010 | 0.35 |
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Return for Risk
18MK.DE vs. ^NDX — Risk / Return Rank
18MK.DE
^NDX
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 ratioReturn per unit of total volatility | -3.21 | ||
| Sortino ratioReturn per unit of downside risk | -4.20 | ||
| Omega ratioGain probability vs. loss probability | 0.87 | 1.40 | -0.54 |
| Calmar ratioReturn relative to maximum drawdown | -0.72 | 3.38 | -4.10 |
| Martin ratioReturn relative to average drawdown | -1.54 | 10.55 | -12.10 |
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 | ^NDX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.89 | 2.32 | -3.21 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.21 | 0.82 | -0.61 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.30 | 0.91 | -0.61 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.25 | 0.73 | -0.49 |
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.
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Drawdown Indicators
| 18MK.DE | ^NDX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -42.41% | -46.44% | +4.03% |
Max Drawdown (1Y)Largest decline over 1 year | -20.43% | -11.19% | -9.24% |
Max Drawdown (3Y)Largest decline over 3 years | -29.72% | -27.30% | -2.42% |
Max Drawdown (5Y)Largest decline over 5 years | -29.72% | -31.53% | +1.81% |
Max Drawdown (10Y)Largest decline over 10 years | -41.56% | -31.53% | -10.03% |
Current DrawdownCurrent decline from peak | -26.69% | -0.69% | -26.00% |
Average DrawdownAverage peak-to-trough decline | -12.59% | -8.00% | -4.59% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.60% | 3.58% | +6.02% |
Volatility
18MK.DE vs. ^NDX - Volatility Comparison
Amundi MSCI India UCITS ETF EUR (18MK.DE) has a higher volatility of 5.23% compared to NASDAQ 100 Index (^NDX) at 3.80%. 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.
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Volatility by Period
| 18MK.DE | ^NDX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.23% | 3.80% | +1.43% |
Volatility (6M)Calculated over the trailing 6-month period | 13.99% | 11.58% | +2.41% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.62% | 16.31% | +0.31% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.58% | 22.24% | -5.66% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.29% | 22.83% | -2.54% |
Frequently Asked Questions
18MK.DE and ^NDX have a correlation of 0.27, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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