L4K3.DE vs. 18MK.DE

Last updated Jun 5, 2026

L4K3.DE (Amundi MSCI China UCITS ETF Acc) and 18MK.DE (Amundi MSCI India UCITS ETF EUR) are both exchange-traded funds - L4K3.DE is a China Equities fund tracking the MSCI China, while 18MK.DE is a Asia Pacific Equities fund tracking the MSCI India. Both are passively managed. Over the past 5 years, L4K3.DE returned -4.01%/yr vs 3.55%/yr for 18MK.DE. At a 0.32 correlation, their price movements are largely independent. L4K3.DE charges 0.29%/yr vs 0.80%/yr for 18MK.DE.

Performance

L4K3.DE vs. 18MK.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Amundi MSCI China UCITS ETF Acc (L4K3.DE) and Amundi MSCI India UCITS ETF EUR (18MK.DE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, L4K3.DE achieves a -6.67% return, which is significantly higher than 18MK.DE's -11.57% return.

L4K3.DE

• 1D: -0.37%
• 1M: -3.46%
• YTD: -6.67%
• 6M: -9.21%
• 1Y: 2.64%
• 3Y*: 8.01%
• 5Y*: -4.01%
• 10Y*: —

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%

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

L4K3.DE vs. 18MK.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
L4K3.DE Amundi MSCI China UCITS ETF Acc	-6.67%	17.15%	27.30%	-14.42%	-14.90%	-16.74%	15.62%	7.71%
18MK.DE Amundi MSCI India UCITS ETF EUR	-11.57%	-10.32%	16.35%	14.11%	-2.28%	33.62%	2.72%	1.23%

Correlation

The correlation between L4K3.DE and 18MK.DE is 0.30, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.30
Correlation (3Y) Calculated over the trailing 3-year period	0.20
Correlation (5Y) Calculated over the trailing 5-year period	0.23
Correlation (All Time) Calculated using the full available price history since Mar 29, 2019	0.32

The correlation between L4K3.DE and 18MK.DE shifts across timeframes, from 0.20 (3 years) to 0.32 (all time), reflecting how their relationship changes across market environments.

Return for Risk

L4K3.DE vs. 18MK.DE — Risk / Return Rank

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

L4K3.DE

L4K3.DE Risk / Return Rank: 11
L4K3.DE Sharpe Ratio Rank: 11
L4K3.DE Sortino Ratio Rank: 12
L4K3.DE Omega Ratio Rank: 12
L4K3.DE Calmar Ratio Rank: 10
L4K3.DE Martin Ratio Rank: 10

18MK.DE

18MK.DE Risk / Return Rank: 2
18MK.DE Sharpe Ratio Rank: 2
18MK.DE Sortino Ratio Rank: 2
18MK.DE Omega Ratio Rank: 3
18MK.DE Calmar Ratio Rank: 3
18MK.DE Martin Ratio Rank: 1

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.

L4K3.DE vs. 18MK.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Amundi MSCI China UCITS ETF Acc (L4K3.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.

	L4K3.DE	18MK.DE	Difference
Sharpe ratio: Return per unit of total volatility	0.11	-0.89	+1.00
Sortino ratio: Return per unit of downside risk	0.39	-1.23	+1.62
Omega ratio: Gain probability vs. loss probability	1.06	0.87	+0.19
Calmar ratio: Return relative to maximum drawdown	0.12	-0.72	+0.85
Martin ratio: Return relative to average drawdown	0.21	-1.54	+1.75
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

L4K3.DE vs. 18MK.DE - Sharpe Ratio Comparison

The current L4K3.DE Sharpe Ratio is 0.11, which is higher than the 18MK.DE Sharpe Ratio of -0.89. The chart below compares the historical Sharpe Ratios of L4K3.DE and 18MK.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.

Sharpe Ratios by Period

	L4K3.DE	18MK.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.11	-0.89	+1.00
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.14	0.21	-0.35
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.30	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.02	0.25	-0.22

Drawdowns

L4K3.DE vs. 18MK.DE - Drawdown Comparison

The maximum L4K3.DE drawdown since its inception was -55.69%, which is greater than 18MK.DE's maximum drawdown of -42.41%. Use the drawdown chart below to compare losses from any high point for L4K3.DE and 18MK.DE.

Drawdown Indicators

	L4K3.DE	18MK.DE	Difference
Max Drawdown Largest peak-to-trough decline	-55.69%	-42.41%	-13.28%
Max Drawdown (1Y) Largest decline over 1 year	-25.74%	-20.43%	-5.31%
Max Drawdown (3Y) Largest decline over 3 years	-25.74%	-29.72%	+3.98%
Max Drawdown (5Y) Largest decline over 5 years	-49.06%	-29.72%	-19.34%
Max Drawdown (10Y) Largest decline over 10 years	—	-41.56%	—
Current Drawdown Current decline from peak	-31.32%	-26.69%	-4.63%
Average Drawdown Average peak-to-trough decline	-28.02%	-12.59%	-15.43%
Ulcer Index Depth and duration of drawdowns from previous peaks	15.28%	9.60%	+5.68%

Volatility

L4K3.DE vs. 18MK.DE - Volatility Comparison

Amundi MSCI China UCITS ETF Acc (L4K3.DE) has a higher volatility of 7.29% compared to Amundi MSCI India UCITS ETF EUR (18MK.DE) at 5.23%. This indicates that L4K3.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.

Volatility by Period

	L4K3.DE	18MK.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.29%	5.23%	+2.06%
Volatility (6M) Calculated over the trailing 6-month period	13.24%	13.99%	-0.75%
Volatility (1Y) Calculated over the trailing 1-year period	27.86%	16.62%	+11.24%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	29.30%	16.58%	+12.72%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	28.03%	20.29%	+7.74%

L4K3.DE vs. 18MK.DE - Expense Ratio Comparison

L4K3.DE has a 0.29% expense ratio, which is lower than 18MK.DE's 0.80% expense ratio.

Dividends

L4K3.DE vs. 18MK.DE - Dividend Comparison

Neither L4K3.DE nor 18MK.DE has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both L4K3.DE and 18MK.DE in my portfolio?

L4K3.DE and 18MK.DE have a correlation of 0.30, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, L4K3.DE or 18MK.DE?

On fees, L4K3.DE is cheaper at 0.29% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, L4K3.DE or 18MK.DE?

L4K3.DE is cheaper with a 0.29% expense ratio, compared with 0.80% for 18MK.DE.

What is the main difference between L4K3.DE and 18MK.DE?

L4K3.DE is categorized as China Equities, while 18MK.DE is Asia Pacific Equities. L4K3.DE tracks MSCI China, while 18MK.DE tracks MSCI India. Their fees differ too: 0.29% for L4K3.DE and 0.80% for 18MK.DE.