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INDL vs. 18MK.DE
Performance
Return for Risk
Dividends
Drawdowns
Volatility

INDL vs. 18MK.DE

Last updated Apr 2, 2026

Compare and contrast key facts about Direxion Daily India Bull 3x Shares (INDL) and Amundi MSCI India UCITS ETF EUR (18MK.DE).

INDL and 18MK.DE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. INDL is a passively managed fund by Direxion that tracks the performance of the Indus India Index (300%). It was launched on Mar 11, 2010. 18MK.DE is a passively managed fund by Amundi that tracks the performance of the MSCI India. It was launched on Apr 18, 2018. Both INDL and 18MK.DE are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

INDL vs. 18MK.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Direxion Daily India Bull 3x Shares (INDL) and Amundi MSCI India UCITS ETF EUR (18MK.DE). The values are adjusted to include any dividend payments, if applicable.

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INDL vs. 18MK.DE - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
INDL
Direxion Daily India Bull 3x Shares		-26.84%-3.21%7.56%26.06%-22.88%40.26%-36.43%3.15%-34.29%127.98%
18MK.DE
Amundi MSCI India UCITS ETF EUR		-14.27%1.25%9.70%17.71%-7.66%23.08%12.76%7.27%-9.38%37.20%
Different Trading Currencies

INDL is traded in USD, while 18MK.DE is traded in EUR. To make them comparable, the 18MK.DE values have been converted to USD using the latest available exchange rates.

Returns By Period

In the year-to-date period, INDL achieves a -26.84% return, which is significantly lower than 18MK.DE's -14.27% return. Over the past 10 years, INDL has underperformed 18MK.DE with an annualized return of -0.49%, while 18MK.DE has yielded a comparatively higher 6.71% annualized return.

INDL

1D
-0.10%
1M
-16.56%
YTD
-26.84%
6M
-23.57%
1Y
-23.12%
3Y*
3.34%
5Y*
-0.99%
10Y*
-0.49%

18MK.DE

1D
2.69%
1M
-9.40%
YTD
-14.27%
6M
-12.16%
1Y
-9.76%
3Y*
6.38%
5Y*
3.75%
10Y*
6.71%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Direxion Daily India Bull 3x Shares

Amundi MSCI India UCITS ETF EUR

Often compared with INDL:
INDL vs. INDAINDL vs. GLININDL vs. BRZUINDL vs. INDYINDL vs. TQQQINDL vs. FLININDL vs. IAK
Often compared with 18MK.DE:
18MK.DE vs. INDA18MK.DE vs. LYMD.DE18MK.DE vs. BRK-B18MK.DE vs. ^GSPC18MK.DE vs. ^NDX18MK.DE vs. SCHD18MK.DE vs. SPY

INDL vs. 18MK.DE - Expense Ratio Comparison

INDL has a 1.33% expense ratio, which is higher than 18MK.DE's 0.80% expense ratio.

INDL
Direxion Daily India Bull 3x Shares
18MK.DE
Amundi MSCI India UCITS ETF EUR

Return for Risk

INDL vs. 18MK.DE — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
INDL
INDL Risk / Return Rank: 22
Overall Rank
INDL Sharpe Ratio Rank: 22
Sharpe Ratio Rank
INDL Sortino Ratio Rank: 22
Sortino Ratio Rank
INDL Omega Ratio Rank: 22
Omega Ratio Rank
INDL Calmar Ratio Rank: 22
Calmar Ratio Rank
INDL Martin Ratio Rank: 00
Martin Ratio Rank
18MK.DE
18MK.DE Risk / Return Rank: 11
Overall Rank
18MK.DE Sharpe Ratio Rank: 11
Sharpe Ratio Rank
18MK.DE Sortino Ratio Rank: 11
Sortino Ratio Rank
18MK.DE Omega Ratio Rank: 11
Omega Ratio Rank
18MK.DE Calmar Ratio Rank: 11
Calmar Ratio Rank
18MK.DE Martin Ratio Rank: 00
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.

INDL vs. 18MK.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Direxion Daily India Bull 3x Shares (INDL) 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.

INDL18MK.DEDifference

Sharpe ratio

Return per unit of total volatility

-0.75

-0.53

-0.22

Sortino ratio

Return per unit of downside risk

-0.97

-0.65

-0.32

Omega ratio

Gain probability vs. loss probability

0.89

0.92

-0.04

Calmar ratio

Return relative to maximum drawdown

-0.64

-0.50

-0.14

Martin ratio

Return relative to average drawdown

-1.88

-1.53

-0.35

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

INDL vs. 18MK.DE - Sharpe Ratio Comparison

The current INDL Sharpe Ratio is -0.75, which is lower than the 18MK.DE Sharpe Ratio of -0.53. The chart below compares the historical Sharpe Ratios of INDL and 18MK.DE, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

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Sharpe Ratios by Period

INDL18MK.DEDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

-0.75

-0.53

-0.22

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

-0.03

0.21

-0.25

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

-0.01

0.32

-0.33

Sharpe Ratio (All Time)

Calculated using the full available price history

-0.12

0.19

-0.32

Correlation

The correlation between INDL and 18MK.DE is 0.79, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

INDL vs. 18MK.DE - Dividend Comparison

INDL's dividend yield for the trailing twelve months is around 1.72%, while 18MK.DE has not paid dividends to shareholders.

TTM202520242023202220212020201920182017
INDL
Direxion Daily India Bull 3x Shares		1.72%1.42%2.79%1.65%0.09%2.35%0.00%0.68%0.18%0.31%
18MK.DE
Amundi MSCI India UCITS ETF EUR		0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Drawdowns

INDL vs. 18MK.DE - Drawdown Comparison

The maximum INDL drawdown since its inception was -95.67%, which is greater than 18MK.DE's maximum drawdown of -45.96%. Use the drawdown chart below to compare losses from any high point for INDL and 18MK.DE.

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Drawdown Indicators

INDL18MK.DEDifference

Max Drawdown

Largest peak-to-trough decline

-95.67%

-42.41%

-53.26%

Max Drawdown (1Y)

Largest decline over 1 year

-37.82%

-21.53%

-16.29%

Max Drawdown (5Y)

Largest decline over 5 years

-47.64%

-29.72%

-17.92%

Max Drawdown (10Y)

Largest decline over 10 years

-91.96%

-41.56%

-50.40%

Current Drawdown

Current decline from peak

-79.41%

-27.99%

-51.42%

Average Drawdown

Average peak-to-trough decline

-66.23%

-12.45%

-53.78%

Ulcer Index

Depth and duration of drawdowns from previous peaks

12.95%

8.22%

+4.73%

Volatility

INDL vs. 18MK.DE - Volatility Comparison

Direxion Daily India Bull 3x Shares (INDL) has a higher volatility of 13.96% compared to Amundi MSCI India UCITS ETF EUR (18MK.DE) at 6.83%. This indicates that INDL'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

INDL18MK.DEDifference

Volatility (1M)

Calculated over the trailing 1-month period

13.96%

6.83%

+7.13%

Volatility (6M)

Calculated over the trailing 6-month period

22.06%

12.38%

+9.68%

Volatility (1Y)

Calculated over the trailing 1-year period

30.95%

18.35%

+12.60%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

30.55%

17.46%

+13.09%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

53.01%

20.82%

+32.19%