AMES.DE vs. 18MK.DE
AMES.DE (Amundi ETF MSCI Spain UCITS ETF EUR) and 18MK.DE (Amundi MSCI India UCITS ETF EUR) are both exchange-traded funds - AMES.DE is a Europe Equities fund tracking the MSCI Spain, while 18MK.DE is a Asia Pacific Equities fund tracking the MSCI India. Both are passively managed. Over the past 10 years, AMES.DE returned 11.05%/yr vs 6.21%/yr for 18MK.DE. At a 0.36 correlation, their price movements are largely independent. AMES.DE charges 0.25%/yr vs 0.80%/yr for 18MK.DE.
Performance
AMES.DE vs. 18MK.DE - Performance Comparison
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Returns By Period
In the year-to-date period, AMES.DE achieves a 7.00% return, which is significantly higher than 18MK.DE's -11.57% return. Over the past 10 years, AMES.DE has outperformed 18MK.DE with an annualized return of 11.05%, while 18MK.DE has yielded a comparatively lower 6.21% annualized return.
AMES.DE
- 1D
- 0.51%
- 1M
- 3.60%
- YTD
- 7.00%
- 6M
- 10.82%
- 1Y
- 33.98%
- 3Y*
- 29.84%
- 5Y*
- 19.21%
- 10Y*
- 11.05%
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%
AMES.DE vs. 18MK.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
AMES.DE Amundi ETF MSCI Spain UCITS ETF EUR | 7.00% | 55.41% | 19.00% | 25.94% | 0.03% | 6.96% | -12.87% | 15.76% | -12.77% | 11.84% |
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% |
Correlation
The correlation between AMES.DE and 18MK.DE is 0.44, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.44 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.29 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.30 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.34 |
Correlation (All Time) Calculated using the full available price history since Dec 2, 2011 | 0.36 |
The correlation between AMES.DE and 18MK.DE shifts across timeframes, from 0.29 (3 years) to 0.44 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
AMES.DE vs. 18MK.DE — Risk / Return Rank
AMES.DE
18MK.DE
AMES.DE vs. 18MK.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Amundi ETF MSCI Spain UCITS ETF EUR (AMES.DE) and Amundi MSCI India UCITS ETF EUR (18MK.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.
| AMES.DE | 18MK.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.95 | ||
| Sortino ratioReturn per unit of downside risk | +4.06 | ||
| Omega ratioGain probability vs. loss probability | 1.37 | 0.87 | +0.50 |
| Calmar ratioReturn relative to maximum drawdown | 3.40 | -0.72 | +4.12 |
| Martin ratioReturn relative to average drawdown | 11.80 | -1.54 | +13.34 |
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
| AMES.DE | 18MK.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.06 | -0.89 | +2.95 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.20 | 0.21 | +0.99 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.62 | 0.30 | +0.32 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.48 | 0.25 | +0.23 |
Drawdowns
AMES.DE vs. 18MK.DE - Drawdown Comparison
The maximum AMES.DE drawdown since its inception was -40.98%, roughly equal to the maximum 18MK.DE drawdown of -42.41%. Use the drawdown chart below to compare losses from any high point for AMES.DE and 18MK.DE.
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Drawdown Indicators
| AMES.DE | 18MK.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -40.98% | -42.41% | +1.43% |
Max Drawdown (1Y)Largest decline over 1 year | -9.95% | -20.43% | +10.48% |
Max Drawdown (3Y)Largest decline over 3 years | -12.58% | -29.72% | +17.14% |
Max Drawdown (5Y)Largest decline over 5 years | -17.77% | -29.72% | +11.95% |
Max Drawdown (10Y)Largest decline over 10 years | -40.98% | -41.56% | +0.58% |
Current DrawdownCurrent decline from peak | -0.52% | -26.69% | +26.17% |
Average DrawdownAverage peak-to-trough decline | -9.76% | -12.59% | +2.83% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.87% | 9.60% | -6.73% |
Volatility
AMES.DE vs. 18MK.DE - Volatility Comparison
The current volatility for Amundi ETF MSCI Spain UCITS ETF EUR (AMES.DE) is 4.59%, while Amundi MSCI India UCITS ETF EUR (18MK.DE) has a volatility of 5.23%. This indicates that AMES.DE experiences smaller price fluctuations and is considered to be less risky than 18MK.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AMES.DE | 18MK.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.59% | 5.23% | -0.64% |
Volatility (6M)Calculated over the trailing 6-month period | 13.65% | 13.99% | -0.34% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.43% | 16.62% | -0.19% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.01% | 16.58% | +1.43% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.82% | 20.29% | +0.53% |
AMES.DE vs. 18MK.DE - Expense Ratio Comparison
AMES.DE has a 0.25% expense ratio, which is lower than 18MK.DE's 0.80% expense ratio.
Dividends
AMES.DE vs. 18MK.DE - Dividend Comparison
Neither AMES.DE nor 18MK.DE has paid dividends to shareholders.
Frequently Asked Questions
AMES.DE and 18MK.DE have a correlation of 0.44, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, AMES.DE is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.
AMES.DE is cheaper with a 0.25% expense ratio, compared with 0.80% for 18MK.DE.
AMES.DE is categorized as Europe Equities, while 18MK.DE is Asia Pacific Equities. AMES.DE tracks MSCI Spain, while 18MK.DE tracks MSCI India. Their fees differ too: 0.25% for AMES.DE and 0.80% for 18MK.DE.
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