WELX.DE vs. 18MK.DE
WELX.DE (Amundi S&P Global Communication Services ESG UCITS ETF EUR Acc) and 18MK.DE (Amundi MSCI India UCITS ETF EUR) are both exchange-traded funds - WELX.DE is a Communications Equities fund tracking the S&P Developed Ex-Korea LargeMidCap Sustainability Enhanced Communication Services, while 18MK.DE is a Asia Pacific Equities fund tracking the MSCI India. Both are passively managed. Over the past 3 years, WELX.DE returned 21.53%/yr vs 1.67%/yr for 18MK.DE. At a 0.29 correlation, their price movements are largely independent. WELX.DE charges 0.18%/yr vs 0.80%/yr for 18MK.DE.
Performance
WELX.DE vs. 18MK.DE - Performance Comparison
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Returns By Period
In the year-to-date period, WELX.DE achieves a 2.94% return, which is significantly higher than 18MK.DE's -11.57% return.
WELX.DE
- 1D
- 0.98%
- 1M
- -0.36%
- YTD
- 2.94%
- 6M
- 0.12%
- 1Y
- 19.74%
- 3Y*
- 21.53%
- 5Y*
- —
- 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%
WELX.DE vs. 18MK.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
WELX.DE Amundi S&P Global Communication Services ESG UCITS ETF EUR Acc | 2.94% | 16.08% | 35.06% | 46.63% | -6.87% |
18MK.DE Amundi MSCI India UCITS ETF EUR | -11.57% | -10.32% | 16.35% | 14.11% | -5.10% |
Correlation
The correlation between WELX.DE and 18MK.DE is 0.34, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.34 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.32 |
Correlation (All Time) Calculated using the full available price history since Oct 12, 2022 | 0.29 |
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Return for Risk
WELX.DE vs. 18MK.DE — Risk / Return Rank
WELX.DE
18MK.DE
WELX.DE vs. 18MK.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Amundi S&P Global Communication Services ESG UCITS ETF EUR Acc (WELX.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.
| WELX.DE | 18MK.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.22 | ||
| Sortino ratioReturn per unit of downside risk | +3.15 | ||
| Omega ratioGain probability vs. loss probability | 1.23 | 0.87 | +0.37 |
| Calmar ratioReturn relative to maximum drawdown | 1.42 | -0.72 | +2.14 |
| Martin ratioReturn relative to average drawdown | 4.34 | -1.54 | +5.89 |
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
| WELX.DE | 18MK.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.33 | -0.89 | +2.22 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.21 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.30 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.30 | 0.25 | +1.06 |
Drawdowns
WELX.DE vs. 18MK.DE - Drawdown Comparison
The maximum WELX.DE drawdown since its inception was -25.19%, smaller than the maximum 18MK.DE drawdown of -42.41%. Use the drawdown chart below to compare losses from any high point for WELX.DE and 18MK.DE.
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Drawdown Indicators
| WELX.DE | 18MK.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -25.19% | -42.41% | +17.22% |
Max Drawdown (1Y)Largest decline over 1 year | -14.88% | -20.43% | +5.55% |
Max Drawdown (3Y)Largest decline over 3 years | -25.19% | -29.72% | +4.53% |
Max Drawdown (5Y)Largest decline over 5 years | — | -29.72% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -41.56% | — |
Current DrawdownCurrent decline from peak | -2.38% | -26.69% | +24.31% |
Average DrawdownAverage peak-to-trough decline | -4.32% | -12.59% | +8.27% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.86% | 9.60% | -4.74% |
Volatility
WELX.DE vs. 18MK.DE - Volatility Comparison
The current volatility for Amundi S&P Global Communication Services ESG UCITS ETF EUR Acc (WELX.DE) is 4.16%, while Amundi MSCI India UCITS ETF EUR (18MK.DE) has a volatility of 5.23%. This indicates that WELX.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
| WELX.DE | 18MK.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.16% | 5.23% | -1.07% |
Volatility (6M)Calculated over the trailing 6-month period | 10.85% | 13.99% | -3.14% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.84% | 16.62% | -0.78% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.43% | 16.58% | +1.85% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.43% | 20.29% | -1.86% |
WELX.DE vs. 18MK.DE - Expense Ratio Comparison
WELX.DE has a 0.18% expense ratio, which is lower than 18MK.DE's 0.80% expense ratio.
Dividends
WELX.DE vs. 18MK.DE - Dividend Comparison
Neither WELX.DE nor 18MK.DE has paid dividends to shareholders.
Frequently Asked Questions
WELX.DE and 18MK.DE have a correlation of 0.34, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, WELX.DE is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.
WELX.DE is cheaper with a 0.18% expense ratio, compared with 0.80% for 18MK.DE.
WELX.DE is categorized as Communications Equities, while 18MK.DE is Asia Pacific Equities. WELX.DE tracks S&P Developed Ex-Korea LargeMidCap Sustainability Enhanced Communication Services, while 18MK.DE tracks MSCI India. Their fees differ too: 0.18% for WELX.DE and 0.80% for 18MK.DE.
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