AASG.L vs. VIRP.PA

Last updated Jun 4, 2026

AASG.L (Amundi MSCI Emerging Markets Asia UCITS ETF USD) is Asia Pacific Equities fund tracking the MSCI AC Asia Ex Japan NR USD, while VIRP.PA (Virbac SA) is a stock. Over the past 10 years, AASG.L returned 12.54%/yr vs 8.68%/yr for VIRP.PA. At a 0.21 correlation, their price movements are largely independent.

Performance

AASG.L vs. VIRP.PA - 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 Virbac SA (VIRP.PA). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

AASG.L is traded in GBp, while VIRP.PA is traded in EUR. To make them comparable, the VIRP.PA 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 VIRP.PA's -5.40% return. Over the past 10 years, AASG.L has outperformed VIRP.PA with an annualized return of 12.54%, while VIRP.PA has yielded a comparatively lower 8.68% 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%

VIRP.PA

• 1D: -1.15%
• 1M: -5.87%
• YTD: -5.40%
• 6M: -5.39%
• 1Y: 6.05%
• 3Y*: 4.49%
• 5Y*: 5.39%
• 10Y*: 8.68%

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

AASG.L vs. VIRP.PA - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
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%
VIRP.PA Virbac SA	-5.40%	19.54%	-15.64%	55.27%	-43.31%	68.24%	6.32%	96.03%	-6.94%	-22.98%

Correlation

The correlation between AASG.L and VIRP.PA is 0.06, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.06
Correlation (3Y) Calculated over the trailing 3-year period	0.16
Correlation (5Y) Calculated over the trailing 5-year period	0.21
Correlation (10Y) Calculated over the trailing 10-year period	0.21
Correlation (All Time) Calculated using the full available price history since Feb 24, 2016	0.21

The correlation between AASG.L and VIRP.PA shifts across timeframes, from 0.06 (1 year) to 0.21 (all time), reflecting how their relationship changes across market environments.

Return for Risk

AASG.L vs. VIRP.PA — 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: 91
AASG.L Sharpe Ratio Rank: 93
AASG.L Sortino Ratio Rank: 92
AASG.L Omega Ratio Rank: 92
AASG.L Calmar Ratio Rank: 90
AASG.L Martin Ratio Rank: 88

VIRP.PA

VIRP.PA Risk / Return Rank: 43
VIRP.PA Sharpe Ratio Rank: 46
VIRP.PA Sortino Ratio Rank: 40
VIRP.PA Omega Ratio Rank: 39
VIRP.PA Calmar Ratio Rank: 46
VIRP.PA Martin Ratio Rank: 46

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. VIRP.PA - 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 Virbac SA (VIRP.PA). 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.L	VIRP.PA	Difference
Sharpe ratio: Return per unit of total volatility	3.50	0.24	+3.26
Sortino ratio: Return per unit of downside risk	4.42	0.61	+3.82
Omega ratio: Gain probability vs. loss probability	1.62	1.06	+0.55
Calmar ratio: Return relative to maximum drawdown	5.56	0.38	+5.18
Martin ratio: Return relative to average drawdown	19.24	0.87	+18.37
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. VIRP.PA - Sharpe Ratio Comparison

The current AASG.L Sharpe Ratio is 3.50, which is higher than the VIRP.PA Sharpe Ratio of 0.24. The chart below compares the historical Sharpe Ratios of AASG.L and VIRP.PA, 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

	AASG.L	VIRP.PA	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.50	0.24	+3.26
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.53	0.16	+0.37
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.68	0.24	+0.44
Sharpe Ratio (All Time) Calculated using the full available price history	0.69	0.36	+0.34

Drawdowns

AASG.L vs. VIRP.PA - Drawdown Comparison

The maximum AASG.L drawdown since its inception was -34.12%, smaller than the maximum VIRP.PA drawdown of -49.21%. Use the drawdown chart below to compare losses from any high point for AASG.L and VIRP.PA.

Drawdown Indicators

	AASG.L	VIRP.PA	Difference
Max Drawdown Largest peak-to-trough decline	-34.12%	-49.21%	+15.09%
Max Drawdown (1Y) Largest decline over 1 year	-11.46%	-15.56%	+4.10%
Max Drawdown (3Y) Largest decline over 3 years	-17.56%	-28.45%	+10.89%
Max Drawdown (5Y) Largest decline over 5 years	-28.57%	-49.14%	+20.57%
Max Drawdown (10Y) Largest decline over 10 years	-34.12%	-49.14%	+15.02%
Current Drawdown Current decline from peak	-0.95%	-20.75%	+19.80%
Average Drawdown Average peak-to-trough decline	-11.03%	-17.63%	+6.60%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.32%	6.90%	-3.58%

Volatility

AASG.L vs. VIRP.PA - Volatility Comparison

Amundi MSCI Emerging Markets Asia UCITS ETF USD (AASG.L) has a higher volatility of 8.31% compared to Virbac SA (VIRP.PA) at 7.39%. This indicates that AASG.L's price experiences larger fluctuations and is considered to be riskier than VIRP.PA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AASG.L	VIRP.PA	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.31%	7.39%	+0.92%
Volatility (6M) Calculated over the trailing 6-month period	15.42%	17.40%	-1.98%
Volatility (1Y) Calculated over the trailing 1-year period	18.24%	25.30%	-7.06%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.68%	32.47%	-14.79%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.55%	36.04%	-17.49%

Dividends

AASG.L vs. VIRP.PA - Dividend Comparison

AASG.L has not paid dividends to shareholders, while VIRP.PA's dividend yield for the trailing twelve months is around 0.43%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
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%
VIRP.PA Virbac SA	0.43%	0.41%	0.42%	0.37%	0.55%	0.18%	0.00%	0.00%	0.00%	0.00%	0.00%	0.86%

Frequently Asked Questions

Can I hold both AASG.L and VIRP.PA in my portfolio?

AASG.L and VIRP.PA have a correlation of 0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.