18MM.DE vs. APJX.DE
18MM.DE (Amundi Index MSCI Pacific ex Japan SRI PAB UCITS ETF EUR) and APJX.DE (iShares MSCI Pacific ex-Japan ESG Enhanced UCITS ETF USD Acc) are both Asia Pacific Equities funds - 18MM.DE tracks the MSCI Pacific ex Japan SRI Filtered PAB while APJX.DE tracks the MSCI Pacific ex Japan ESG Enhanced Focus. Both are passively managed. Over the past 3 years, 18MM.DE returned 2.40%/yr vs 7.63%/yr for APJX.DE. Their correlation of 0.84 suggests significant overlap in exposure. 18MM.DE charges 0.45%/yr vs 0.20%/yr for APJX.DE.
Performance
18MM.DE vs. APJX.DE - Performance Comparison
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Returns By Period
In the year-to-date period, 18MM.DE achieves a 2.24% return, which is significantly lower than APJX.DE's 5.20% return.
18MM.DE
- 1D
- -0.72%
- 1M
- -3.74%
- YTD
- 2.24%
- 6M
- 2.73%
- 1Y
- 1.08%
- 3Y*
- 2.40%
- 5Y*
- 1.50%
- 10Y*
- 4.46%
APJX.DE
- 1D
- -0.66%
- 1M
- -1.60%
- YTD
- 5.20%
- 6M
- 6.14%
- 1Y
- 8.80%
- 3Y*
- 7.63%
- 5Y*
- —
- 10Y*
- —
18MM.DE vs. APJX.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
18MM.DE Amundi Index MSCI Pacific ex Japan SRI PAB UCITS ETF EUR | 2.24% | 0.05% | 5.93% | 1.38% | -10.36% |
APJX.DE iShares MSCI Pacific ex-Japan ESG Enhanced UCITS ETF USD Acc | 5.20% | 5.91% | 11.45% | 0.12% | -6.30% |
Correlation
The correlation between 18MM.DE and APJX.DE is 0.79, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.79 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.83 |
Correlation (All Time) Calculated using the full available price history since Mar 30, 2022 | 0.84 |
The correlation between 18MM.DE and APJX.DE has been stable across timeframes, ranging from 0.79 to 0.84 - a consistent structural relationship.
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Return for Risk
18MM.DE vs. APJX.DE — Risk / Return Rank
18MM.DE
APJX.DE
18MM.DE vs. APJX.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Amundi Index MSCI Pacific ex Japan SRI PAB UCITS ETF EUR (18MM.DE) and iShares MSCI Pacific ex-Japan ESG Enhanced UCITS ETF USD Acc (APJX.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.
| 18MM.DE | APJX.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.62 | ||
| Sortino ratioReturn per unit of downside risk | -0.91 | ||
| Omega ratioGain probability vs. loss probability | 1.02 | 1.13 | -0.11 |
| Calmar ratioReturn relative to maximum drawdown | 0.17 | 1.04 | -0.87 |
| Martin ratioReturn relative to average drawdown | 0.42 | 2.88 | -2.46 |
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
| 18MM.DE | APJX.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.08 | 0.70 | -0.62 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.10 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.27 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.30 | 0.25 | +0.05 |
Drawdowns
18MM.DE vs. APJX.DE - Drawdown Comparison
The maximum 18MM.DE drawdown since its inception was -36.82%, which is greater than APJX.DE's maximum drawdown of -19.95%. Use the drawdown chart below to compare losses from any high point for 18MM.DE and APJX.DE.
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Drawdown Indicators
| 18MM.DE | APJX.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -36.82% | -19.95% | -16.87% |
Max Drawdown (1Y)Largest decline over 1 year | -6.51% | -8.45% | +1.94% |
Max Drawdown (3Y)Largest decline over 3 years | -18.52% | -19.95% | +1.43% |
Max Drawdown (5Y)Largest decline over 5 years | -22.20% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -36.82% | — | — |
Current DrawdownCurrent decline from peak | -5.39% | -5.71% | +0.32% |
Average DrawdownAverage peak-to-trough decline | -7.83% | -6.34% | -1.49% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.58% | 3.05% | -0.47% |
Volatility
18MM.DE vs. APJX.DE - Volatility Comparison
Amundi Index MSCI Pacific ex Japan SRI PAB UCITS ETF EUR (18MM.DE) has a higher volatility of 3.57% compared to iShares MSCI Pacific ex-Japan ESG Enhanced UCITS ETF USD Acc (APJX.DE) at 2.92%. This indicates that 18MM.DE's price experiences larger fluctuations and is considered to be riskier than APJX.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| 18MM.DE | APJX.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.57% | 2.92% | +0.65% |
Volatility (6M)Calculated over the trailing 6-month period | 10.29% | 9.89% | +0.40% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.51% | 12.61% | +0.90% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.97% | 14.89% | +0.08% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.60% | 14.89% | +1.71% |
18MM.DE vs. APJX.DE - Expense Ratio Comparison
18MM.DE has a 0.45% expense ratio, which is higher than APJX.DE's 0.20% expense ratio.
Dividends
18MM.DE vs. APJX.DE - Dividend Comparison
Neither 18MM.DE nor APJX.DE has paid dividends to shareholders.
Frequently Asked Questions
18MM.DE and APJX.DE have a correlation of 0.79, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, APJX.DE is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.
APJX.DE is cheaper with a 0.20% expense ratio, compared with 0.45% for 18MM.DE.
18MM.DE tracks MSCI Pacific ex Japan SRI Filtered PAB, while APJX.DE tracks MSCI Pacific ex Japan ESG Enhanced Focus. They also come from different issuers: Amundi and iShares. Their fees differ too: 0.45% for 18MM.DE and 0.20% for APJX.DE.
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