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AASG.L vs. IDAP.L
Performance
Return for Risk
Drawdowns
Volatility
Dividends

AASG.L vs. IDAP.L

Last updated Jun 4, 2026

AASG.L (Amundi MSCI Emerging Markets Asia UCITS ETF USD) and IDAP.L (iShares Asia Pacific Dividend UCITS) are both Asia Pacific Equities funds - AASG.L tracks the MSCI AC Asia Ex Japan NR USD while IDAP.L tracks the MSCI AC Asia Pacific NR USD. Both are passively managed. Over the past 10 years, AASG.L returned 12.54%/yr vs 8.15%/yr for IDAP.L. A 0.59 correlation means they provide meaningful diversification when combined. AASG.L charges 0.20%/yr vs 0.59%/yr for IDAP.L.

Performance

AASG.L vs. IDAP.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in Amundi MSCI Emerging Markets Asia UCITS ETF USD (AASG.L) and iShares Asia Pacific Dividend UCITS (IDAP.L). The values are adjusted to include any dividend payments, if applicable.

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Different Trading Currencies

AASG.L is traded in GBp, while IDAP.L is traded in USD. To make them comparable, the IDAP.L values have been converted to GBp using the latest available exchange rates.

Returns By Period

In the year-to-date period, AASG.L achieves a 32.89% return, which is significantly higher than IDAP.L's 13.70% return. Over the past 10 years, AASG.L has outperformed IDAP.L with an annualized return of 12.54%, while IDAP.L has yielded a comparatively lower 8.15% annualized return.

AASG.L

1D
-0.95%
1M
13.19%
YTD
32.89%
6M
35.83%
1Y
64.11%
3Y*
23.54%
5Y*
9.38%
10Y*
12.54%

IDAP.L

1D
-0.55%
1M
0.78%
YTD
13.70%
6M
13.88%
1Y
40.57%
3Y*
18.88%
5Y*
10.98%
10Y*
8.15%
*Multi-year figures are annualized to reflect compound growth (CAGR)

AASG.L vs. IDAP.L - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
AASG.L
Amundi MSCI Emerging Markets Asia UCITS ETF USD		32.89%23.83%14.04%0.69%-11.51%-4.50%24.04%14.10%-10.84%30.20%
IDAP.L
iShares Asia Pacific Dividend UCITS		13.70%20.45%8.04%7.81%9.70%4.37%-12.05%9.56%-10.20%6.88%

Correlation

The correlation between AASG.L and IDAP.L is 0.43, which is low. Their price movements are largely independent, making them effective diversification partners.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.43

Correlation (3Y)
Calculated over the trailing 3-year period

0.57

Correlation (5Y)
Calculated over the trailing 5-year period

0.54

Correlation (10Y)
Calculated over the trailing 10-year period

0.59

Correlation (All Time)
Calculated using the full available price history since Feb 24, 2016

0.59

The correlation between AASG.L and IDAP.L shifts across timeframes, from 0.43 (1 year) to 0.59 (all time), reflecting how their relationship changes across market environments.

AASG.L vs. IDAP.L - Sectors Allocation Comparison

Sectors
AASG.L
IDAP.L

Technology

44.9%
1.6%

Financial Services

14.8%
30.9%

Consumer Cyclical

10.6%
10.9%

Industrials

7.8%
7.1%

Communication Services

7.1%
4.7%

Basic Materials

3.9%
16.1%

Healthcare

3.2%
3.5%

Energy

2.9%
5.1%

Consumer Defensive

2.5%
5.2%

Utilities

1.5%
4.5%

Real Estate

0.7%
10.6%

Technology

AASG.L
44.9%
IDAP.L
1.6%

Financial Services

AASG.L
14.8%
IDAP.L
30.9%

Consumer Cyclical

AASG.L
10.6%
IDAP.L
10.9%

Industrials

AASG.L
7.8%
IDAP.L
7.1%

Communication Services

AASG.L
7.1%
IDAP.L
4.7%

Basic Materials

AASG.L
3.9%
IDAP.L
16.1%

Healthcare

AASG.L
3.2%
IDAP.L
3.5%

Energy

AASG.L
2.9%
IDAP.L
5.1%

Consumer Defensive

AASG.L
2.5%
IDAP.L
5.2%

Utilities

AASG.L
1.5%
IDAP.L
4.5%

Real Estate

AASG.L
0.7%
IDAP.L
10.6%

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Amundi MSCI Emerging Markets Asia UCITS ETF USD

iShares Asia Pacific Dividend UCITS

Often compared with AASG.L:
AASG.L vs. TQQQAASG.L vs. HMXJ.LAASG.L vs. MPXG.LAASG.L vs. IAPD.LAASG.L vs. ASDV.LAASG.L vs. XKS2.LAASG.L vs. 500U.L
Often compared with IDAP.L:
IDAP.L vs. EWLIDAP.L vs. VAPX.ASIDAP.L vs. ASDV.LIDAP.L vs. DVYAIDAP.L vs. SEDY.LIDAP.L vs. HYGWIDAP.L vs. LCAL.L

Return for Risk

AASG.L vs. IDAP.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
AASG.L
AASG.L Risk / Return Rank: 9191
Overall Rank
AASG.L Sharpe Ratio Rank: 9393
Sharpe Ratio Rank
AASG.L Sortino Ratio Rank: 9292
Sortino Ratio Rank
AASG.L Omega Ratio Rank: 9292
Omega Ratio Rank
AASG.L Calmar Ratio Rank: 9090
Calmar Ratio Rank
AASG.L Martin Ratio Rank: 8888
Martin Ratio Rank
IDAP.L
IDAP.L Risk / Return Rank: 8686
Overall Rank
IDAP.L Sharpe Ratio Rank: 8989
Sharpe Ratio Rank
IDAP.L Sortino Ratio Rank: 8989
Sortino Ratio Rank
IDAP.L Omega Ratio Rank: 8686
Omega Ratio Rank
IDAP.L Calmar Ratio Rank: 8484
Calmar Ratio Rank
IDAP.L Martin Ratio Rank: 8484
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.

AASG.L vs. IDAP.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Amundi MSCI Emerging Markets Asia UCITS ETF USD (AASG.L) and iShares Asia Pacific Dividend UCITS (IDAP.L). 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.

AASG.LIDAP.LDifference
Sharpe ratioReturn per unit of total volatility
3.50
3.36

+0.14

Sortino ratioReturn per unit of downside risk
4.42
4.52

-0.10

Omega ratioGain probability vs. loss probability

1.62

1.59

+0.02

Calmar ratioReturn relative to maximum drawdown

5.56

5.17

+0.40

Martin ratioReturn relative to average drawdown

19.24

19.94

-0.70

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

AASG.L vs. IDAP.L - Sharpe Ratio Comparison

The current AASG.L Sharpe Ratio is 3.50, which is comparable to the IDAP.L Sharpe Ratio of 3.36. The chart below compares the historical Sharpe Ratios of AASG.L and IDAP.L, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Sharpe Ratios by Period

AASG.LIDAP.LDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

3.50

3.36

+0.14

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.53

0.83

-0.30

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.68

0.50

+0.17

Sharpe Ratio (All Time)

Calculated using the full available price history

0.69

0.29

+0.40

Drawdowns

AASG.L vs. IDAP.L - Drawdown Comparison

The maximum AASG.L drawdown since its inception was -34.12%, smaller than the maximum IDAP.L drawdown of -55.27%. Use the drawdown chart below to compare losses from any high point for AASG.L and IDAP.L.

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Drawdown Indicators

AASG.LIDAP.LDifference

Max Drawdown

Largest peak-to-trough decline

-34.12%

-55.27%

+21.15%

Max Drawdown (1Y)

Largest decline over 1 year

-11.46%

-7.82%

-3.64%

Max Drawdown (3Y)

Largest decline over 3 years

-17.56%

-17.11%

-0.45%

Max Drawdown (5Y)

Largest decline over 5 years

-28.57%

-17.11%

-11.46%

Max Drawdown (10Y)

Largest decline over 10 years

-34.12%

-38.20%

+4.08%

Current Drawdown

Current decline from peak

-0.95%

-2.68%

+1.73%

Average Drawdown

Average peak-to-trough decline

-11.03%

-8.42%

-2.61%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.32%

2.03%

+1.29%

Volatility

AASG.L vs. IDAP.L - Volatility Comparison

Amundi MSCI Emerging Markets Asia UCITS ETF USD (AASG.L) has a higher volatility of 8.31% compared to iShares Asia Pacific Dividend UCITS (IDAP.L) at 4.05%. This indicates that AASG.L's price experiences larger fluctuations and is considered to be riskier than IDAP.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

AASG.LIDAP.LDifference

Volatility (1M)

Calculated over the trailing 1-month period

8.31%

4.05%

+4.26%

Volatility (6M)

Calculated over the trailing 6-month period

15.42%

9.50%

+5.92%

Volatility (1Y)

Calculated over the trailing 1-year period

18.24%

12.01%

+6.23%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

17.68%

13.25%

+4.43%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

18.55%

16.12%

+2.43%

AASG.L vs. IDAP.L - Expense Ratio Comparison

AASG.L has a 0.20% expense ratio, which is lower than IDAP.L's 0.59% expense ratio.

Dividends

AASG.L vs. IDAP.L - Dividend Comparison

AASG.L has not paid dividends to shareholders, while IDAP.L's dividend yield for the trailing twelve months is around 3.63%.

PositionTTM20252024202320222021202020192018201720162015
AASG.L
Amundi MSCI Emerging Markets Asia UCITS ETF USD		0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
IDAP.L
iShares Asia Pacific Dividend UCITS		3.63%4.22%5.36%5.72%6.92%5.59%3.49%5.52%6.04%4.55%4.54%5.47%

Frequently Asked Questions

AASG.L and IDAP.L have a correlation of 0.43, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, AASG.L is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.

AASG.L is cheaper with a 0.20% expense ratio, compared with 0.59% for IDAP.L.

AASG.L tracks MSCI AC Asia Ex Japan NR USD, while IDAP.L tracks MSCI AC Asia Pacific NR USD. They also come from different issuers: Amundi and iShares. Their fees differ too: 0.20% for AASG.L and 0.59% for IDAP.L.

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