18MK.DE vs. FRNE.DE
18MK.DE (Amundi MSCI India UCITS ETF EUR) and FRNE.DE (Amundi EUR Floating Rate Corporate Bond ESG UCITS ETF) are both exchange-traded funds - 18MK.DE is a Asia Pacific Equities fund tracking the MSCI India, while FRNE.DE is a Corporate Bonds fund tracking the iBoxx MSCI ESG EUR FRN Investment Grade Corporates TCA Index. Both are passively managed. Over the past 3 years, 18MK.DE returned 1.67%/yr vs 3.51%/yr for FRNE.DE. At a correlation of -0.00, they often move in opposite directions. 18MK.DE charges 0.80%/yr vs 0.18%/yr for FRNE.DE.
Performance
18MK.DE vs. FRNE.DE - Performance Comparison
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Returns By Period
In the year-to-date period, 18MK.DE achieves a -11.57% return, which is significantly lower than FRNE.DE's 1.04% 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%
FRNE.DE
- 1D
- 0.04%
- 1M
- 0.30%
- YTD
- 1.04%
- 6M
- 1.17%
- 1Y
- 2.61%
- 3Y*
- 3.51%
- 5Y*
- —
- 10Y*
- —
18MK.DE vs. FRNE.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
18MK.DE Amundi MSCI India UCITS ETF EUR | -11.57% | -10.32% | 16.35% | 14.11% | -2.28% | -0.17% |
FRNE.DE Amundi EUR Floating Rate Corporate Bond ESG UCITS ETF | 1.04% | 2.63% | 4.47% | 3.62% | -0.49% | -0.20% |
Correlation
The correlation between 18MK.DE and FRNE.DE is -0.05, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.05 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.01 |
Correlation (All Time) Calculated using the full available price history since Oct 8, 2021 | -0.00 |
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Return for Risk
18MK.DE vs. FRNE.DE — Risk / Return Rank
18MK.DE
FRNE.DE
18MK.DE vs. FRNE.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Amundi MSCI India UCITS ETF EUR (18MK.DE) and Amundi EUR Floating Rate Corporate Bond ESG UCITS ETF (FRNE.DE). 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 | FRNE.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -3.24 | ||
| Sortino ratioReturn per unit of downside risk | -4.70 | ||
| Omega ratioGain probability vs. loss probability | 0.87 | 1.52 | -0.66 |
| Calmar ratioReturn relative to maximum drawdown | -0.72 | 8.32 | -9.05 |
| Martin ratioReturn relative to average drawdown | -1.54 | 44.27 | -45.81 |
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 | FRNE.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.89 | 2.35 | -3.24 |
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 | 2.00 | -1.76 |
Drawdowns
18MK.DE vs. FRNE.DE - Drawdown Comparison
The maximum 18MK.DE drawdown since its inception was -42.41%, which is greater than FRNE.DE's maximum drawdown of -1.23%. Use the drawdown chart below to compare losses from any high point for 18MK.DE and FRNE.DE.
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Drawdown Indicators
| 18MK.DE | FRNE.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -42.41% | -1.23% | -41.18% |
Max Drawdown (1Y)Largest decline over 1 year | -20.43% | -0.32% | -20.11% |
Max Drawdown (3Y)Largest decline over 3 years | -29.72% | -0.51% | -29.21% |
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% | 0.00% | -26.69% |
Average DrawdownAverage peak-to-trough decline | -12.59% | -0.21% | -12.38% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.60% | 0.06% | +9.54% |
Volatility
18MK.DE vs. FRNE.DE - Volatility Comparison
Amundi MSCI India UCITS ETF EUR (18MK.DE) has a higher volatility of 5.23% compared to Amundi EUR Floating Rate Corporate Bond ESG UCITS ETF (FRNE.DE) at 0.29%. This indicates that 18MK.DE's price experiences larger fluctuations and is considered to be riskier than FRNE.DE 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 | FRNE.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.23% | 0.29% | +4.94% |
Volatility (6M)Calculated over the trailing 6-month period | 13.99% | 0.89% | +13.10% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.62% | 1.13% | +15.49% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.58% | 1.17% | +15.41% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.29% | 1.17% | +19.12% |
18MK.DE vs. FRNE.DE - Expense Ratio Comparison
18MK.DE has a 0.80% expense ratio, which is higher than FRNE.DE's 0.18% expense ratio.
Dividends
18MK.DE vs. FRNE.DE - Dividend Comparison
Neither 18MK.DE nor FRNE.DE has paid dividends to shareholders.
Frequently Asked Questions
18MK.DE and FRNE.DE have a correlation of -0.05, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, FRNE.DE is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.
FRNE.DE is cheaper with a 0.18% expense ratio, compared with 0.80% for 18MK.DE.
18MK.DE is categorized as Asia Pacific Equities, while FRNE.DE is Corporate Bonds. 18MK.DE tracks MSCI India, while FRNE.DE tracks iBoxx MSCI ESG EUR FRN Investment Grade Corporates TCA Index. Their fees differ too: 0.80% for 18MK.DE and 0.18% for FRNE.DE.
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