ASDV.L vs. IMID.L

Last updated Jun 4, 2026

ASDV.L (SPDR S&P Pan Asia Dividend Aristocrats UCITS) and IMID.L (SPDR MSCI ACWI IMI) are both exchange-traded funds - ASDV.L is a Asia Pacific Equities fund tracking the MSCI AC Asia Pacific NR USD, while IMID.L is a Global Equities fund tracking the MSCI ACWI NR USD. Both are passively managed. Over the past 5 years, ASDV.L returned 4.22%/yr vs 10.97%/yr for IMID.L. A 0.75 correlation means they provide meaningful diversification when combined. ASDV.L charges 0.55%/yr vs 0.40%/yr for IMID.L.

Performance

ASDV.L vs. IMID.L - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SPDR S&P Pan Asia Dividend Aristocrats UCITS (ASDV.L) and SPDR MSCI ACWI IMI (IMID.L). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ASDV.L achieves a 3.82% return, which is significantly lower than IMID.L's 12.35% return.

ASDV.L

• 1D: -0.97%
• 1M: -0.71%
• YTD: 3.82%
• 6M: 3.21%
• 1Y: 13.10%
• 3Y*: 13.44%
• 5Y*: 4.22%
• 10Y*: 6.91%

IMID.L

• 1D: 0.04%
• 1M: 4.45%
• YTD: 12.35%
• 6M: 13.70%
• 1Y: 30.09%
• 3Y*: 20.83%
• 5Y*: 10.97%
• 10Y*: —

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

ASDV.L vs. IMID.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
ASDV.L SPDR S&P Pan Asia Dividend Aristocrats UCITS	3.82%	23.27%	4.84%	15.47%	-15.61%	2.54%	0.15%	20.64%	-10.20%
IMID.L SPDR MSCI ACWI IMI	12.35%	22.16%	16.31%	21.65%	-17.64%	17.85%	16.14%	25.35%	-9.90%

Correlation

The correlation between ASDV.L and IMID.L is 0.71, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.71
Correlation (3Y) Calculated over the trailing 3-year period	0.68
Correlation (5Y) Calculated over the trailing 5-year period	0.70
Correlation (All Time) Calculated using the full available price history since May 30, 2018	0.75

The correlation between ASDV.L and IMID.L has been stable across timeframes, ranging from 0.68 to 0.75 - a consistent structural relationship.

ASDV.L vs. IMID.L - Sectors Allocation Comparison

Sectors	ASDV.L	IMID.L
Financial Services	33.0%	13.0%
Utilities	14.9%	3.3%
Consumer Defensive	9.2%	9.7%
Healthcare	8.7%	9.6%
Industrials	7.3%	19.5%
Consumer Cyclical	6.7%	9.7%
Technology	6.7%	9.6%
Communication Services	6.2%	3.1%
Real Estate	4.6%	8.0%
Basic Materials	2.8%	8.2%
Energy	-	1.6%

Return for Risk

ASDV.L vs. IMID.L — Risk / Return Rank

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

ASDV.L

ASDV.L Risk / Return Rank: 32
ASDV.L Sharpe Ratio Rank: 31
ASDV.L Sortino Ratio Rank: 30
ASDV.L Omega Ratio Rank: 30
ASDV.L Calmar Ratio Rank: 35
ASDV.L Martin Ratio Rank: 31

IMID.L

IMID.L Risk / Return Rank: 75
IMID.L Sharpe Ratio Rank: 74
IMID.L Sortino Ratio Rank: 80
IMID.L Omega Ratio Rank: 75
IMID.L Calmar Ratio Rank: 70
IMID.L Martin Ratio Rank: 75

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.

ASDV.L vs. IMID.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SPDR S&P Pan Asia Dividend Aristocrats UCITS (ASDV.L) and SPDR MSCI ACWI IMI (IMID.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.

	ASDV.L	IMID.L	Difference
Sharpe ratio: Return per unit of total volatility	1.14	2.37	-1.22
Sortino ratio: Return per unit of downside risk	1.65	3.52	-1.87
Omega ratio: Gain probability vs. loss probability	1.20	1.44	-0.23
Calmar ratio: Return relative to maximum drawdown	1.72	3.43	-1.71
Martin ratio: Return relative to average drawdown	4.67	14.20	-9.53
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ASDV.L vs. IMID.L - Sharpe Ratio Comparison

The current ASDV.L Sharpe Ratio is 1.14, which is lower than the IMID.L Sharpe Ratio of 2.37. The chart below compares the historical Sharpe Ratios of ASDV.L and IMID.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.

Sharpe Ratios by Period

	ASDV.L	IMID.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.14	2.37	-1.22
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.29	0.71	-0.42
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.45	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.42	0.56	-0.14

Drawdowns

ASDV.L vs. IMID.L - Drawdown Comparison

The maximum ASDV.L drawdown since its inception was -35.08%, smaller than the maximum IMID.L drawdown of -39.56%. Use the drawdown chart below to compare losses from any high point for ASDV.L and IMID.L.

Drawdown Indicators

	ASDV.L	IMID.L	Difference
Max Drawdown Largest peak-to-trough decline	-35.08%	-39.56%	+4.48%
Max Drawdown (1Y) Largest decline over 1 year	-7.59%	-8.69%	+1.10%
Max Drawdown (3Y) Largest decline over 3 years	-14.64%	-17.21%	+2.57%
Max Drawdown (5Y) Largest decline over 5 years	-35.08%	-26.07%	-9.01%
Max Drawdown (10Y) Largest decline over 10 years	-35.08%	—	—
Current Drawdown Current decline from peak	-4.33%	-0.64%	-3.69%
Average Drawdown Average peak-to-trough decline	-8.16%	-5.40%	-2.76%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.80%	2.11%	+0.69%

Volatility

ASDV.L vs. IMID.L - Volatility Comparison

SPDR S&P Pan Asia Dividend Aristocrats UCITS (ASDV.L) and SPDR MSCI ACWI IMI (IMID.L) have volatilities of 3.61% and 3.74%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ASDV.L	IMID.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.61%	3.74%	-0.13%
Volatility (6M) Calculated over the trailing 6-month period	9.09%	9.93%	-0.84%
Volatility (1Y) Calculated over the trailing 1-year period	11.40%	12.60%	-1.20%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.76%	15.53%	-0.77%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.29%	21.23%	-5.94%

ASDV.L vs. IMID.L - Expense Ratio Comparison

ASDV.L has a 0.55% expense ratio, which is higher than IMID.L's 0.40% expense ratio.

Dividends

ASDV.L vs. IMID.L - Dividend Comparison

ASDV.L's dividend yield for the trailing twelve months is around 2.87%, while IMID.L has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ASDV.L SPDR S&P Pan Asia Dividend Aristocrats UCITS	2.87%	2.85%	3.11%	2.89%	3.63%	2.98%	2.82%	2.65%	2.52%	1.70%	2.37%	3.24%
IMID.L SPDR MSCI ACWI IMI	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both ASDV.L and IMID.L in my portfolio?

ASDV.L and IMID.L have a correlation of 0.71, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, ASDV.L or IMID.L?

On fees, IMID.L is cheaper at 0.40% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, ASDV.L or IMID.L?

IMID.L is cheaper with a 0.40% expense ratio, compared with 0.55% for ASDV.L.

What is the main difference between ASDV.L and IMID.L?

ASDV.L is categorized as Asia Pacific Equities, while IMID.L is Global Equities. ASDV.L tracks MSCI AC Asia Pacific NR USD, while IMID.L tracks MSCI ACWI NR USD. Their fees differ too: 0.55% for ASDV.L and 0.40% for IMID.L.