FLXI.DE vs. 18MK.DE
FLXI.DE (Franklin FTSE India UCITS ETF) and 18MK.DE (Amundi MSCI India UCITS ETF EUR) are both India Equities funds - FLXI.DE tracks the FTSE India 30/18 Capped while 18MK.DE tracks the MSCI India. Both are passively managed. Over the past 5 years, FLXI.DE returned 5.81%/yr vs 4.40%/yr for 18MK.DE. Their correlation of 0.94 suggests significant overlap in exposure. FLXI.DE charges 0.19%/yr vs 0.80%/yr for 18MK.DE.
Performance
FLXI.DE vs. 18MK.DE - Performance Comparison
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Returns By Period
In the year-to-date period, FLXI.DE achieves a -5.50% return, which is significantly higher than 18MK.DE's -7.01% return.
FLXI.DE
- 1D
- 0.47%
- 1M
- 0.45%
- 6M
- -5.13%
- YTD
- -5.50%
- 1Y
- -8.33%
- 3Y*
- 4.77%
- 5Y*
- 5.81%
- 10Y*
- —
18MK.DE
- 1D
- 0.59%
- 1M
- 0.32%
- 6M
- -6.32%
- YTD
- -7.01%
- 1Y
- -10.80%
- 3Y*
- 2.79%
- 5Y*
- 4.40%
- 10Y*
- 6.15%
FLXI.DE vs. 18MK.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
FLXI.DE Franklin FTSE India UCITS ETF | -5.50% | -8.72% | 16.97% | 17.28% | -1.80% | 35.51% | 1.87% | 1.08% |
18MK.DE Amundi MSCI India UCITS ETF EUR | -7.01% | -10.32% | 16.35% | 14.11% | -2.28% | 33.62% | 2.72% | 2.05% |
Correlation
The correlation between FLXI.DE and 18MK.DE is 0.93, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.93 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.91 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.93 |
Correlation (All Time) Calculated using the full available price history since Jun 26, 2019 | 0.94 |
The correlation between FLXI.DE and 18MK.DE has been stable across timeframes, ranging from 0.91 to 0.94 - a consistent structural relationship.
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Return for Risk
FLXI.DE vs. 18MK.DE — Risk / Return Rank
FLXI.DE
18MK.DE
FLXI.DE vs. 18MK.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Franklin FTSE India UCITS ETF (FLXI.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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| FLXI.DE | 18MK.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.09 | ||
| Sortino ratioReturn per unit of downside risk | +0.11 | ||
| Omega ratioGain probability vs. loss probability | 0.92 | 0.91 | +0.01 |
| Calmar ratioReturn relative to maximum drawdown | -0.49 | -0.56 | +0.07 |
| Martin ratioReturn relative to average drawdown | -1.04 | -1.16 | +0.12 |
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Drawdowns
FLXI.DE vs. 18MK.DE - Drawdown Comparison
The maximum FLXI.DE drawdown since its inception was -40.58%, roughly equal to the maximum 18MK.DE drawdown of -42.41%. Use the drawdown chart below to compare losses from any high point for FLXI.DE and 18MK.DE.
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Drawdown Indicators
| FLXI.DE | 18MK.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -40.58% | -42.41% | +1.83% |
Max Drawdown (1Y)Largest decline over 1 year | -16.84% | -19.15% | +2.31% |
Max Drawdown (3Y)Largest decline over 3 years | -24.76% | -29.72% | +4.96% |
Max Drawdown (5Y)Largest decline over 5 years | -24.76% | -29.72% | +4.96% |
Max Drawdown (10Y)Largest decline over 10 years | — | -41.56% | — |
Current DrawdownCurrent decline from peak | -17.94% | -22.91% | +4.97% |
Average DrawdownAverage peak-to-trough decline | -7.95% | -12.11% | +4.16% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.97% | 9.27% | -1.30% |
Volatility
FLXI.DE vs. 18MK.DE - Volatility Comparison
The current volatility for Franklin FTSE India UCITS ETF (FLXI.DE) is 3.50%, while Amundi MSCI India UCITS ETF EUR (18MK.DE) has a volatility of 4.11%. This indicates that FLXI.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
| FLXI.DE | 18MK.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.50% | 4.11% | -0.61% |
Volatility (6M)Calculated over the trailing 6-month period | 12.38% | 14.21% | -1.83% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.16% | 16.94% | -1.78% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.89% | 16.71% | -0.82% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.88% | 20.30% | -0.42% |
FLXI.DE vs. 18MK.DE - Expense Ratio Comparison
FLXI.DE has a 0.19% expense ratio, which is lower than 18MK.DE's 0.80% expense ratio.
Dividends
FLXI.DE vs. 18MK.DE - Dividend Comparison
Neither FLXI.DE nor 18MK.DE has paid dividends to shareholders.
Frequently Asked Questions
With a correlation of 0.93, FLXI.DE and 18MK.DE move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
On fees, FLXI.DE is cheaper at 0.19% per year. The better choice depends on whether you care most about return, fees, risk, or income.
FLXI.DE is cheaper with a 0.19% expense ratio, compared with 0.80% for 18MK.DE.
FLXI.DE tracks FTSE India 30/18 Capped, while 18MK.DE tracks MSCI India. They also come from different issuers: Franklin Templeton and Amundi. Their fees differ too: 0.19% for FLXI.DE and 0.80% for 18MK.DE.
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