18MM.DE vs. DBX8.DE

Last updated Jun 5, 2026

18MM.DE (Amundi Index MSCI Pacific ex Japan SRI PAB UCITS ETF EUR) and DBX8.DE (Xtrackers MSCI Korea UCITS ETF 1C) are both Asia Pacific Equities funds - 18MM.DE tracks the MSCI Pacific ex Japan SRI Filtered PAB while DBX8.DE tracks the MSCI Korea 20/35 Custom. Both are passively managed. Over the past 10 years, 18MM.DE returned 4.46%/yr vs 16.74%/yr for DBX8.DE. A 0.60 correlation means they provide meaningful diversification when combined. Both charge a 0.45% expense ratio.

Performance

18MM.DE vs. DBX8.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Amundi Index MSCI Pacific ex Japan SRI PAB UCITS ETF EUR (18MM.DE) and Xtrackers MSCI Korea UCITS ETF 1C (DBX8.DE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, 18MM.DE achieves a 2.24% return, which is significantly lower than DBX8.DE's 109.21% return. Over the past 10 years, 18MM.DE has underperformed DBX8.DE with an annualized return of 4.46%, while DBX8.DE has yielded a comparatively higher 16.74% annualized 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%

DBX8.DE

• 1D: -5.08%
• 1M: 16.35%
• YTD: 109.21%
• 6M: 127.53%
• 1Y: 227.59%
• 3Y*: 45.04%
• 5Y*: 19.70%
• 10Y*: 16.74%

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

18MM.DE vs. DBX8.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
18MM.DE Amundi Index MSCI Pacific ex Japan SRI PAB UCITS ETF EUR	2.24%	0.05%	5.93%	1.38%	-7.30%	14.57%	-5.45%	21.40%	-6.44%	10.50%
DBX8.DE Xtrackers MSCI Korea UCITS ETF 1C	109.21%	77.39%	-18.45%	15.93%	-23.95%	-0.54%	30.13%	14.92%	-18.04%	28.39%

Correlation

The correlation between 18MM.DE and DBX8.DE is 0.45, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.45
Correlation (3Y) Calculated over the trailing 3-year period	0.45
Correlation (5Y) Calculated over the trailing 5-year period	0.49
Correlation (10Y) Calculated over the trailing 10-year period	0.58
Correlation (All Time) Calculated using the full available price history since Feb 25, 2010	0.60

The correlation between 18MM.DE and DBX8.DE shifts across timeframes, from 0.45 (1 year) to 0.60 (all time), reflecting how their relationship changes across market environments.

Return for Risk

18MM.DE vs. DBX8.DE — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

18MM.DE

18MM.DE Risk / Return Rank: 10
18MM.DE Sharpe Ratio Rank: 10
18MM.DE Sortino Ratio Rank: 10
18MM.DE Omega Ratio Rank: 10
18MM.DE Calmar Ratio Rank: 11
18MM.DE Martin Ratio Rank: 11

DBX8.DE

DBX8.DE Risk / Return Rank: 96
DBX8.DE Sharpe Ratio Rank: 98
DBX8.DE Sortino Ratio Rank: 95
DBX8.DE Omega Ratio Rank: 96
DBX8.DE Calmar Ratio Rank: 97
DBX8.DE Martin Ratio Rank: 95

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.

18MM.DE vs. DBX8.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 Xtrackers MSCI Korea UCITS ETF 1C (DBX8.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	DBX8.DE	Difference
Sharpe ratio: Return per unit of total volatility	0.08	5.17	-5.09
Sortino ratio: Return per unit of downside risk	0.21	5.03	-4.82
Omega ratio: Gain probability vs. loss probability	1.02	1.75	-0.72
Calmar ratio: Return relative to maximum drawdown	0.17	10.67	-10.50
Martin ratio: Return relative to average drawdown	0.42	32.63	-32.21
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

18MM.DE vs. DBX8.DE - Sharpe Ratio Comparison

The current 18MM.DE Sharpe Ratio is 0.08, which is lower than the DBX8.DE Sharpe Ratio of 5.17. The chart below compares the historical Sharpe Ratios of 18MM.DE and DBX8.DE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	18MM.DE	DBX8.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.08	5.17	-5.09
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.10	0.72	-0.62
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.27	0.66	-0.39
Sharpe Ratio (All Time) Calculated using the full available price history	0.30	0.31	-0.01

Drawdowns

18MM.DE vs. DBX8.DE - Drawdown Comparison

The maximum 18MM.DE drawdown since its inception was -36.82%, smaller than the maximum DBX8.DE drawdown of -68.01%. Use the drawdown chart below to compare losses from any high point for 18MM.DE and DBX8.DE.

Drawdown Indicators

	18MM.DE	DBX8.DE	Difference
Max Drawdown Largest peak-to-trough decline	-36.82%	-68.01%	+31.19%
Max Drawdown (1Y) Largest decline over 1 year	-6.51%	-21.19%	+14.68%
Max Drawdown (3Y) Largest decline over 3 years	-18.52%	-30.70%	+12.18%
Max Drawdown (5Y) Largest decline over 5 years	-22.20%	-41.29%	+19.09%
Max Drawdown (10Y) Largest decline over 10 years	-36.82%	-41.89%	+5.07%
Current Drawdown Current decline from peak	-5.39%	-5.82%	+0.43%
Average Drawdown Average peak-to-trough decline	-7.83%	-17.55%	+9.72%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.58%	6.94%	-4.36%

Volatility

18MM.DE vs. DBX8.DE - Volatility Comparison

The current volatility for Amundi Index MSCI Pacific ex Japan SRI PAB UCITS ETF EUR (18MM.DE) is 3.57%, while Xtrackers MSCI Korea UCITS ETF 1C (DBX8.DE) has a volatility of 17.08%. This indicates that 18MM.DE experiences smaller price fluctuations and is considered to be less risky than DBX8.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	18MM.DE	DBX8.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.57%	17.08%	-13.51%
Volatility (6M) Calculated over the trailing 6-month period	10.29%	33.48%	-23.19%
Volatility (1Y) Calculated over the trailing 1-year period	13.51%	43.73%	-30.22%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.97%	27.53%	-12.56%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.60%	26.03%	-9.43%

18MM.DE vs. DBX8.DE - Expense Ratio Comparison

Both 18MM.DE and DBX8.DE have an expense ratio of 0.45%.

Dividends

18MM.DE vs. DBX8.DE - Dividend Comparison

Neither 18MM.DE nor DBX8.DE has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both 18MM.DE and DBX8.DE in my portfolio?

18MM.DE and DBX8.DE have a correlation of 0.45, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, 18MM.DE or DBX8.DE?

Both ETFs have the same 0.45% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, 18MM.DE or DBX8.DE?

18MM.DE and DBX8.DE have the same expense ratio: 0.45% per year.

What is the main difference between 18MM.DE and DBX8.DE?

18MM.DE tracks MSCI Pacific ex Japan SRI Filtered PAB, while DBX8.DE tracks MSCI Korea 20/35 Custom. They also come from different issuers: Amundi and Xtrackers.