LDAX.DE vs. 18MK.DE
LDAX.DE (Amundi Dax III UCITS ETF Dist) and 18MK.DE (Amundi MSCI India UCITS ETF EUR) are both exchange-traded funds - LDAX.DE is a Europe Equities fund tracking the DAX®, while 18MK.DE is a India Equities fund tracking the MSCI India. Both are passively managed. Over the past 5 years, LDAX.DE returned 9.29%/yr vs 4.40%/yr for 18MK.DE. At a 0.41 correlation, their price movements are largely independent. LDAX.DE charges 0.15%/yr vs 0.80%/yr for 18MK.DE.
Performance
LDAX.DE vs. 18MK.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, LDAX.DE achieves a 1.18% return, which is significantly higher than 18MK.DE's -7.01% return.
LDAX.DE
- 1D
- 0.00%
- 1M
- -0.09%
- 6M
- -1.89%
- YTD
- 1.18%
- 1Y
- 1.71%
- 3Y*
- 15.01%
- 5Y*
- 9.29%
- 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%
LDAX.DE vs. 18MK.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
LDAX.DE Amundi Dax III UCITS ETF Dist | 1.18% | 22.70% | 18.08% | 19.61% | -12.89% | 15.29% | 8.40% |
18MK.DE Amundi MSCI India UCITS ETF EUR | -7.01% | -10.32% | 16.35% | 14.11% | -2.28% | 33.62% | 22.85% |
Correlation
The correlation between LDAX.DE and 18MK.DE is 0.46, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.46 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.36 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.39 |
Correlation (All Time) Calculated using the full available price history since Jul 15, 2020 | 0.41 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
LDAX.DE vs. 18MK.DE — Risk / Return Rank
LDAX.DE
18MK.DE
LDAX.DE vs. 18MK.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Amundi Dax III UCITS ETF Dist (LDAX.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.
| LDAX.DE | 18MK.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.74 | ||
| Sortino ratioReturn per unit of downside risk | +1.10 | ||
| Omega ratioGain probability vs. loss probability | 1.03 | 0.91 | +0.12 |
| Calmar ratioReturn relative to maximum drawdown | 0.14 | -0.56 | +0.70 |
| Martin ratioReturn relative to average drawdown | 0.44 | -1.16 | +1.60 |
Loading charts...
Drawdowns
LDAX.DE vs. 18MK.DE - Drawdown Comparison
The maximum LDAX.DE drawdown since its inception was -26.68%, smaller than the maximum 18MK.DE drawdown of -42.41%. Use the drawdown chart below to compare losses from any high point for LDAX.DE and 18MK.DE.
Loading charts...
Drawdown Indicators
| LDAX.DE | 18MK.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -26.68% | -42.41% | +15.73% |
Max Drawdown (1Y)Largest decline over 1 year | -12.36% | -19.15% | +6.79% |
Max Drawdown (3Y)Largest decline over 3 years | -15.92% | -29.72% | +13.80% |
Max Drawdown (5Y)Largest decline over 5 years | -26.68% | -29.72% | +3.04% |
Max Drawdown (10Y)Largest decline over 10 years | — | -41.56% | — |
Current DrawdownCurrent decline from peak | -3.53% | -22.91% | +19.38% |
Average DrawdownAverage peak-to-trough decline | -4.79% | -12.11% | +7.32% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.93% | 9.27% | -5.34% |
Volatility
LDAX.DE vs. 18MK.DE - Volatility Comparison
Amundi Dax III UCITS ETF Dist (LDAX.DE) has a higher volatility of 4.62% compared to Amundi MSCI India UCITS ETF EUR (18MK.DE) at 4.11%. This indicates that LDAX.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.
Loading charts...
Volatility by Period
| LDAX.DE | 18MK.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.62% | 4.11% | +0.51% |
Volatility (6M)Calculated over the trailing 6-month period | 13.61% | 14.21% | -0.60% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.26% | 16.94% | -0.68% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.23% | 16.71% | +0.52% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.36% | 20.30% | -2.94% |
LDAX.DE vs. 18MK.DE - Expense Ratio Comparison
LDAX.DE has a 0.15% expense ratio, which is lower than 18MK.DE's 0.80% expense ratio.
Dividends
LDAX.DE vs. 18MK.DE - Dividend Comparison
LDAX.DE's dividend yield for the trailing twelve months is around 1.93%, while 18MK.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
18MK.DE Amundi MSCI India UCITS ETF EUR | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
LDAX.DE Amundi Dax III UCITS ETF Dist | 1.93% | 1.95% | 2.31% | 2.73% | 3.32% | 2.73% | 0.39% |
Frequently Asked Questions
LDAX.DE and 18MK.DE have a correlation of 0.46, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, LDAX.DE is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.
LDAX.DE is cheaper with a 0.15% expense ratio, compared with 0.80% for 18MK.DE.
LDAX.DE is categorized as Europe Equities, while 18MK.DE is India Equities. LDAX.DE tracks DAX®, while 18MK.DE tracks MSCI India. Their fees differ too: 0.15% for LDAX.DE and 0.80% for 18MK.DE.
Find the right allocation for LDAX.DE and 18MK.DE
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer