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APJX.DE vs. 18MM.DE
Performance
Return for Risk
Drawdowns
Volatility
Dividends

Performance

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

The chart below illustrates the hypothetical performance of a €10,000 investment in iShares MSCI Pacific ex-Japan ESG Enhanced UCITS ETF USD Acc (APJX.DE) and Amundi Index MSCI Pacific ex Japan SRI PAB UCITS ETF EUR (18MM.DE). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, APJX.DE achieves a 5.20% return, which is significantly higher than 18MM.DE's 2.24% return.


APJX.DE

1D
-0.66%
1M
-1.60%
YTD
5.20%
6M
6.14%
1Y
8.80%
3Y*
7.63%
5Y*
10Y*

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

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


2026 (YTD)2025202420232022
APJX.DE
iShares MSCI Pacific ex-Japan ESG Enhanced UCITS ETF USD Acc
5.20%5.91%11.45%0.12%-6.30%
18MM.DE
Amundi Index MSCI Pacific ex Japan SRI PAB UCITS ETF EUR
2.24%0.05%5.93%1.38%-10.36%

Correlation

The correlation between APJX.DE and 18MM.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 APJX.DE and 18MM.DE has been stable across timeframes, ranging from 0.79 to 0.84 - a consistent structural relationship.

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Return for Risk

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

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

APJX.DE
APJX.DE Risk / Return Rank: 2222
Overall Rank
APJX.DE Sharpe Ratio Rank: 2121
Sharpe Ratio Rank
APJX.DE Sortino Ratio Rank: 2222
Sortino Ratio Rank
APJX.DE Omega Ratio Rank: 2121
Omega Ratio Rank
APJX.DE Calmar Ratio Rank: 2323
Calmar Ratio Rank
APJX.DE Martin Ratio Rank: 2323
Martin Ratio Rank

18MM.DE
18MM.DE Risk / Return Rank: 1010
Overall Rank
18MM.DE Sharpe Ratio Rank: 1010
Sharpe Ratio Rank
18MM.DE Sortino Ratio Rank: 1010
Sortino Ratio Rank
18MM.DE Omega Ratio Rank: 1010
Omega Ratio Rank
18MM.DE Calmar Ratio Rank: 1111
Calmar Ratio Rank
18MM.DE Martin Ratio Rank: 1111
Martin Ratio Rank
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.

APJX.DE vs. 18MM.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Pacific ex-Japan ESG Enhanced UCITS ETF USD Acc (APJX.DE) and Amundi Index MSCI Pacific ex Japan SRI PAB UCITS ETF EUR (18MM.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.


APJX.DE18MM.DEDifference
Sharpe ratioReturn per unit of total volatility

+0.62

Sortino ratioReturn per unit of downside risk

+0.91

Omega ratioGain probability vs. loss probability

1.13

1.02

+0.11

Calmar ratioReturn relative to maximum drawdown

1.04

0.17

+0.87

Martin ratioReturn relative to average drawdown

2.88

0.42

+2.46

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

The current APJX.DE Sharpe Ratio is 0.70, which is higher than the 18MM.DE Sharpe Ratio of 0.08. The chart below compares the historical Sharpe Ratios of APJX.DE and 18MM.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.


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Sharpe Ratios by Period


APJX.DE18MM.DEDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.70

0.08

+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

0.25

0.30

-0.05

Drawdowns

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

The maximum APJX.DE drawdown since its inception was -19.95%, smaller than the maximum 18MM.DE drawdown of -36.82%. Use the drawdown chart below to compare losses from any high point for APJX.DE and 18MM.DE.


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Drawdown Indicators


APJX.DE18MM.DEDifference

Max Drawdown

Largest peak-to-trough decline

-19.95%

-36.82%

+16.87%

Max Drawdown (1Y)

Largest decline over 1 year

-8.45%

-6.51%

-1.94%

Max Drawdown (3Y)

Largest decline over 3 years

-19.95%

-18.52%

-1.43%

Max Drawdown (5Y)

Largest decline over 5 years

-22.20%

Max Drawdown (10Y)

Largest decline over 10 years

-36.82%

Current Drawdown

Current decline from peak

-5.71%

-5.39%

-0.32%

Average Drawdown

Average peak-to-trough decline

-6.34%

-7.83%

+1.49%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.05%

2.58%

+0.47%

Volatility

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

The current volatility for iShares MSCI Pacific ex-Japan ESG Enhanced UCITS ETF USD Acc (APJX.DE) is 2.92%, while Amundi Index MSCI Pacific ex Japan SRI PAB UCITS ETF EUR (18MM.DE) has a volatility of 3.57%. This indicates that APJX.DE experiences smaller price fluctuations and is considered to be less risky than 18MM.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


APJX.DE18MM.DEDifference

Volatility (1M)

Calculated over the trailing 1-month period

2.92%

3.57%

-0.65%

Volatility (6M)

Calculated over the trailing 6-month period

9.89%

10.29%

-0.40%

Volatility (1Y)

Calculated over the trailing 1-year period

12.61%

13.51%

-0.90%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

14.89%

14.97%

-0.08%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

14.89%

16.60%

-1.71%

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

APJX.DE has a 0.20% expense ratio, which is lower than 18MM.DE's 0.45% expense ratio.


Dividends

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

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


Tickers have no history of dividend payments

Frequently Asked Questions


APJX.DE and 18MM.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.

APJX.DE tracks MSCI Pacific ex Japan ESG Enhanced Focus, while 18MM.DE tracks MSCI Pacific ex Japan SRI Filtered PAB. They also come from different issuers: iShares and Amundi. Their fees differ too: 0.20% for APJX.DE and 0.45% for 18MM.DE.

Portfolio Optimizer

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