18MK.DE vs. INDL
Compare and contrast key facts about Amundi MSCI India UCITS ETF EUR (18MK.DE) and Direxion Daily India Bull 3x Shares (INDL).
18MK.DE and INDL are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. 18MK.DE is a passively managed fund by Amundi that tracks the performance of the MSCI India. It was launched on Apr 18, 2018. INDL is a passively managed fund by Direxion that tracks the performance of the Indus India Index (300%). It was launched on Mar 11, 2010. Both 18MK.DE and INDL are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: 18MK.DE or INDL.
Correlation
The correlation between 18MK.DE and INDL is 0.36, 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.
Performance
18MK.DE vs. INDL - Performance Comparison
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Key characteristics
18MK.DE:
-0.08
INDL:
-0.14
18MK.DE:
0.00
INDL:
0.12
18MK.DE:
1.00
INDL:
1.02
18MK.DE:
-0.09
INDL:
-0.03
18MK.DE:
-0.20
INDL:
-0.14
18MK.DE:
9.31%
INDL:
18.66%
18MK.DE:
19.29%
INDL:
32.94%
18MK.DE:
-42.41%
INDL:
-95.67%
18MK.DE:
-12.01%
INDL:
-70.47%
Returns By Period
In the year-to-date period, 18MK.DE achieves a -4.81% return, which is significantly lower than INDL's 1.52% return. Over the past 10 years, 18MK.DE has outperformed INDL with an annualized return of 6.86%, while INDL has yielded a comparatively lower -2.50% annualized return.
18MK.DE
-4.81%
4.48%
-4.51%
-1.62%
9.14%
17.73%
6.86%
INDL
1.52%
5.87%
-1.59%
-4.70%
10.98%
32.69%
-2.50%
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18MK.DE vs. INDL - Expense Ratio Comparison
18MK.DE has a 0.80% expense ratio, which is lower than INDL's 1.33% expense ratio.
Risk-Adjusted Performance
18MK.DE vs. INDL — Risk-Adjusted Performance Rank
18MK.DE
INDL
18MK.DE vs. INDL - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Amundi MSCI India UCITS ETF EUR (18MK.DE) and Direxion Daily India Bull 3x Shares (INDL). 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.
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Dividends
18MK.DE vs. INDL - Dividend Comparison
18MK.DE has not paid dividends to shareholders, while INDL's dividend yield for the trailing twelve months is around 2.74%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|
18MK.DE Amundi MSCI India UCITS ETF EUR | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
INDL Direxion Daily India Bull 3x Shares | 2.74% | 2.79% | 1.64% | 0.09% | 2.35% | 0.00% | 0.68% | 0.18% | 0.31% |
Drawdowns
18MK.DE vs. INDL - Drawdown Comparison
The maximum 18MK.DE drawdown since its inception was -42.41%, smaller than the maximum INDL drawdown of -95.67%. Use the drawdown chart below to compare losses from any high point for 18MK.DE and INDL. For additional features, visit the drawdowns tool.
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Volatility
18MK.DE vs. INDL - Volatility Comparison
The current volatility for Amundi MSCI India UCITS ETF EUR (18MK.DE) is 7.77%, while Direxion Daily India Bull 3x Shares (INDL) has a volatility of 12.89%. This indicates that 18MK.DE experiences smaller price fluctuations and is considered to be less risky than INDL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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