GLUX.DE vs. 18MK.DE
GLUX.DE (Amundi S&P Global Luxury UCITS ETF EUR) and 18MK.DE (Amundi MSCI India UCITS ETF EUR) are both exchange-traded funds - GLUX.DE is a Consumer Staples Equities fund tracking the S&P Global Luxury, while 18MK.DE is a Asia Pacific Equities fund tracking the MSCI India. Both are passively managed. Over the past 10 years, GLUX.DE returned 9.44%/yr vs 6.21%/yr for 18MK.DE. At a 0.46 correlation, their price movements are largely independent. GLUX.DE charges 0.25%/yr vs 0.80%/yr for 18MK.DE.
Performance
GLUX.DE vs. 18MK.DE - Performance Comparison
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Returns By Period
In the year-to-date period, GLUX.DE achieves a -7.03% return, which is significantly higher than 18MK.DE's -11.57% return. Over the past 10 years, GLUX.DE has outperformed 18MK.DE with an annualized return of 9.44%, while 18MK.DE has yielded a comparatively lower 6.21% annualized return.
GLUX.DE
- 1D
- -0.12%
- 1M
- 4.80%
- YTD
- -7.03%
- 6M
- -6.01%
- 1Y
- 2.52%
- 3Y*
- -0.97%
- 5Y*
- 0.25%
- 10Y*
- 9.44%
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%
GLUX.DE vs. 18MK.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
GLUX.DE Amundi S&P Global Luxury UCITS ETF EUR | -7.03% | 2.34% | 4.43% | 11.98% | -19.34% | 32.41% | 23.80% | 33.53% | -9.13% | 22.10% |
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 GLUX.DE and 18MK.DE is 0.42, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.42 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.30 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.37 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.46 |
Correlation (All Time) Calculated using the full available price history since Mar 18, 2010 | 0.46 |
The correlation between GLUX.DE and 18MK.DE shifts across timeframes, from 0.30 (3 years) to 0.46 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
GLUX.DE vs. 18MK.DE — Risk / Return Rank
GLUX.DE
18MK.DE
GLUX.DE vs. 18MK.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Amundi S&P Global Luxury UCITS ETF EUR (GLUX.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.
| GLUX.DE | 18MK.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.02 | ||
| Sortino ratioReturn per unit of downside risk | +1.57 | ||
| Omega ratioGain probability vs. loss probability | 1.04 | 0.87 | +0.17 |
| Calmar ratioReturn relative to maximum drawdown | 0.16 | -0.72 | +0.88 |
| Martin ratioReturn relative to average drawdown | 0.39 | -1.54 | +1.93 |
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
| GLUX.DE | 18MK.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.13 | -0.89 | +1.02 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.01 | 0.21 | -0.20 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.45 | 0.30 | +0.14 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.44 | 0.25 | +0.19 |
Drawdowns
GLUX.DE vs. 18MK.DE - Drawdown Comparison
The maximum GLUX.DE drawdown since its inception was -43.20%, roughly equal to the maximum 18MK.DE drawdown of -42.41%. Use the drawdown chart below to compare losses from any high point for GLUX.DE and 18MK.DE.
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Drawdown Indicators
| GLUX.DE | 18MK.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -43.20% | -42.41% | -0.79% |
Max Drawdown (1Y)Largest decline over 1 year | -16.00% | -20.43% | +4.43% |
Max Drawdown (3Y)Largest decline over 3 years | -27.94% | -29.72% | +1.78% |
Max Drawdown (5Y)Largest decline over 5 years | -30.52% | -29.72% | -0.80% |
Max Drawdown (10Y)Largest decline over 10 years | -43.20% | -41.56% | -1.64% |
Current DrawdownCurrent decline from peak | -14.70% | -26.69% | +11.99% |
Average DrawdownAverage peak-to-trough decline | -9.35% | -12.59% | +3.24% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.51% | 9.60% | -3.09% |
Volatility
GLUX.DE vs. 18MK.DE - Volatility Comparison
Amundi S&P Global Luxury UCITS ETF EUR (GLUX.DE) has a higher volatility of 5.55% compared to Amundi MSCI India UCITS ETF EUR (18MK.DE) at 5.23%. This indicates that GLUX.DE's price experiences larger fluctuations and is considered to be riskier 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
| GLUX.DE | 18MK.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.55% | 5.23% | +0.32% |
Volatility (6M)Calculated over the trailing 6-month period | 15.60% | 13.99% | +1.61% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.60% | 16.62% | +2.98% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.08% | 16.58% | +4.50% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.94% | 20.29% | +0.65% |
GLUX.DE vs. 18MK.DE - Expense Ratio Comparison
GLUX.DE has a 0.25% expense ratio, which is lower than 18MK.DE's 0.80% expense ratio.
Dividends
GLUX.DE vs. 18MK.DE - Dividend Comparison
Neither GLUX.DE nor 18MK.DE has paid dividends to shareholders.
Frequently Asked Questions
GLUX.DE and 18MK.DE have a correlation of 0.42, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, GLUX.DE is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.
GLUX.DE is cheaper with a 0.25% expense ratio, compared with 0.80% for 18MK.DE.
GLUX.DE is categorized as Consumer Staples Equities, while 18MK.DE is Asia Pacific Equities. GLUX.DE tracks S&P Global Luxury, while 18MK.DE tracks MSCI India. Their fees differ too: 0.25% for GLUX.DE and 0.80% for 18MK.DE.
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