JP40.DE vs. 18MK.DE
JP40.DE (Amundi JPX Nikkei 400 UCITS ETF EUR) and 18MK.DE (Amundi MSCI India UCITS ETF EUR) are both exchange-traded funds - JP40.DE is a Japan Equities fund tracking the JPX-Nikkei 400, while 18MK.DE is a Asia Pacific Equities fund tracking the MSCI India. Both are passively managed. Over the past 10 years, JP40.DE returned 8.93%/yr vs 6.21%/yr for 18MK.DE. At a 0.49 correlation, their price movements are largely independent. JP40.DE charges 0.18%/yr vs 0.80%/yr for 18MK.DE.
Performance
JP40.DE vs. 18MK.DE - Performance Comparison
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Returns By Period
In the year-to-date period, JP40.DE achieves a 16.15% return, which is significantly higher than 18MK.DE's -11.57% return. Over the past 10 years, JP40.DE has outperformed 18MK.DE with an annualized return of 8.93%, while 18MK.DE has yielded a comparatively lower 6.21% annualized return.
JP40.DE
- 1D
- -0.23%
- 1M
- 2.36%
- YTD
- 16.15%
- 6M
- 16.10%
- 1Y
- 29.23%
- 3Y*
- 14.99%
- 5Y*
- 9.88%
- 10Y*
- 8.93%
18MK.DE
- 1D
- 0.68%
- 1M
- -3.98%
- YTD
- -11.57%
- 6M
- -13.20%
- 1Y
- -15.27%
- 3Y*
- 1.67%
- 5Y*
- 3.55%
- 10Y*
- 6.21%
JP40.DE vs. 18MK.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
JP40.DE Amundi JPX Nikkei 400 UCITS ETF EUR | 16.15% | 12.78% | 13.18% | 15.77% | -11.05% | 8.49% | 4.79% | 22.33% | -10.68% | 9.57% |
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 JP40.DE and 18MK.DE is 0.38, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.38 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.41 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.42 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.45 |
Correlation (All Time) Calculated using the full available price history since Jan 28, 2015 | 0.49 |
The correlation between JP40.DE and 18MK.DE shifts across timeframes, from 0.38 (1 year) to 0.49 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
JP40.DE vs. 18MK.DE — Risk / Return Rank
JP40.DE
18MK.DE
JP40.DE vs. 18MK.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Amundi JPX Nikkei 400 UCITS ETF EUR (JP40.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.
| JP40.DE | 18MK.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.47 | ||
| Sortino ratioReturn per unit of downside risk | +3.64 | ||
| Omega ratioGain probability vs. loss probability | 1.31 | 0.87 | +0.45 |
| Calmar ratioReturn relative to maximum drawdown | 3.03 | -0.72 | +3.76 |
| Martin ratioReturn relative to average drawdown | 10.04 | -1.54 | +11.59 |
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
| JP40.DE | 18MK.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.58 | -0.89 | +2.47 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.59 | 0.21 | +0.38 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.54 | 0.30 | +0.24 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.46 | 0.25 | +0.22 |
Drawdowns
JP40.DE vs. 18MK.DE - Drawdown Comparison
The maximum JP40.DE drawdown since its inception was -28.51%, smaller than the maximum 18MK.DE drawdown of -42.41%. Use the drawdown chart below to compare losses from any high point for JP40.DE and 18MK.DE.
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Drawdown Indicators
| JP40.DE | 18MK.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -28.51% | -42.41% | +13.90% |
Max Drawdown (1Y)Largest decline over 1 year | -9.43% | -20.43% | +11.00% |
Max Drawdown (3Y)Largest decline over 3 years | -15.82% | -29.72% | +13.90% |
Max Drawdown (5Y)Largest decline over 5 years | -19.66% | -29.72% | +10.06% |
Max Drawdown (10Y)Largest decline over 10 years | -28.51% | -41.56% | +13.05% |
Current DrawdownCurrent decline from peak | -0.23% | -26.69% | +26.46% |
Average DrawdownAverage peak-to-trough decline | -6.10% | -12.59% | +6.49% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.85% | 9.60% | -6.75% |
Volatility
JP40.DE vs. 18MK.DE - Volatility Comparison
The current volatility for Amundi JPX Nikkei 400 UCITS ETF EUR (JP40.DE) is 3.29%, while Amundi MSCI India UCITS ETF EUR (18MK.DE) has a volatility of 5.23%. This indicates that JP40.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
| JP40.DE | 18MK.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.29% | 5.23% | -1.94% |
Volatility (6M)Calculated over the trailing 6-month period | 14.70% | 13.99% | +0.71% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.10% | 16.62% | +1.48% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.56% | 16.58% | -0.02% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.50% | 20.29% | -3.79% |
JP40.DE vs. 18MK.DE - Expense Ratio Comparison
JP40.DE has a 0.18% expense ratio, which is lower than 18MK.DE's 0.80% expense ratio.
Dividends
JP40.DE vs. 18MK.DE - Dividend Comparison
Neither JP40.DE nor 18MK.DE has paid dividends to shareholders.
Frequently Asked Questions
JP40.DE and 18MK.DE have a correlation of 0.38, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, JP40.DE is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.
JP40.DE is cheaper with a 0.18% expense ratio, compared with 0.80% for 18MK.DE.
JP40.DE is categorized as Japan Equities, while 18MK.DE is Asia Pacific Equities. JP40.DE tracks JPX-Nikkei 400, while 18MK.DE tracks MSCI India. Their fees differ too: 0.18% for JP40.DE and 0.80% for 18MK.DE.
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