AUAD.L vs. PADV.L

Last updated Apr 2, 2026

Compare and contrast key facts about UBS ETF (IE) MSCI Australia UCITS ETF (AUD) A-dis (AUAD.L) and SPDR S&P Pan Asia Dividend Aristocrats UCITS (PADV.L).

AUAD.L and PADV.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. AUAD.L is a passively managed fund by UBS that tracks the performance of the MSCI Australia NR USD. It was launched on Sep 18, 2017. PADV.L is a passively managed fund by State Street that tracks the performance of the MSCI AC Asia Pacific NR USD. It was launched on May 14, 2013. Both AUAD.L and PADV.L are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

AUAD.L vs. PADV.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in UBS ETF (IE) MSCI Australia UCITS ETF (AUD) A-dis (AUAD.L) and SPDR S&P Pan Asia Dividend Aristocrats UCITS (PADV.L). The values are adjusted to include any dividend payments, if applicable.

AUAD.L vs. PADV.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
AUAD.L UBS ETF (IE) MSCI Australia UCITS ETF (AUD) A-dis	8.10%	6.19%	3.38%	7.37%	5.97%	8.63%	40.70%
PADV.L SPDR S&P Pan Asia Dividend Aristocrats UCITS	4.83%	14.61%	6.60%	9.29%	-5.74%	3.20%	16.10%

Different Trading Currencies

AUAD.L is traded in GBp, while PADV.L is traded in GBP. To make them comparable, the PADV.L values have been converted to GBp using the latest available exchange rates.

Returns By Period

In the year-to-date period, AUAD.L achieves a 8.10% return, which is significantly higher than PADV.L's 4.83% return.

AUAD.L

• 1D: 2.07%
• 1M: -4.90%
• YTD: 8.10%
• 6M: 7.26%
• 1Y: 19.09%
• 3Y*: 8.28%
• 5Y*: 7.76%
• 10Y*: —

PADV.L

• 1D: 1.18%
• 1M: -1.86%
• YTD: 4.83%
• 6M: 6.68%
• 1Y: 16.93%
• 3Y*: 11.75%
• 5Y*: 5.63%
• 10Y*: 7.74%

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

AUAD.L vs. PADV.L - Expense Ratio Comparison

AUAD.L has a 0.40% expense ratio, which is lower than PADV.L's 0.55% expense ratio.

PADV.L

SPDR S&P Pan Asia Dividend Aristocrats UCITS

AUAD.L

UBS ETF (IE) MSCI Australia UCITS ETF (AUD) A-dis

Return for Risk

AUAD.L vs. PADV.L — Risk / Return Rank

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

AUAD.L

AUAD.L Risk / Return Rank: 59
AUAD.L Sharpe Ratio Rank: 62
AUAD.L Sortino Ratio Rank: 58
AUAD.L Omega Ratio Rank: 61
AUAD.L Calmar Ratio Rank: 57
AUAD.L Martin Ratio Rank: 57

PADV.L

PADV.L Risk / Return Rank: 71
PADV.L Sharpe Ratio Rank: 72
PADV.L Sortino Ratio Rank: 69
PADV.L Omega Ratio Rank: 65
PADV.L Calmar Ratio Rank: 81
PADV.L Martin Ratio Rank: 68

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.

AUAD.L vs. PADV.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for UBS ETF (IE) MSCI Australia UCITS ETF (AUD) A-dis (AUAD.L) and SPDR S&P Pan Asia Dividend Aristocrats UCITS (PADV.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.

	AUAD.L	PADV.L	Difference
Sharpe ratio Return per unit of total volatility	1.16	1.36	-0.20
Sortino ratio Return per unit of downside risk	1.59	1.83	-0.24
Omega ratio Gain probability vs. loss probability	1.24	1.25	-0.02
Calmar ratio Return relative to maximum drawdown	1.64	2.52	-0.88
Martin ratio Return relative to average drawdown	6.27	7.66	-1.39
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

AUAD.L vs. PADV.L - Sharpe Ratio Comparison

The current AUAD.L Sharpe Ratio is 1.16, which is comparable to the PADV.L Sharpe Ratio of 1.36. The chart below compares the historical Sharpe Ratios of AUAD.L and PADV.L, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	AUAD.L	PADV.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.16	1.36	-0.20
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.54	0.44	+0.10
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.56	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.98	0.45	+0.52

Correlation

The correlation between AUAD.L and PADV.L is 0.45, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

AUAD.L vs. PADV.L - Dividend Comparison

AUAD.L's dividend yield for the trailing twelve months is around 2.97%, more than PADV.L's 2.86% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AUAD.L UBS ETF (IE) MSCI Australia UCITS ETF (AUD) A-dis	2.97%	3.22%	3.57%	4.16%	3.95%	2.50%	3.10%	0.00%	0.00%	0.00%	0.00%	0.00%
PADV.L SPDR S&P Pan Asia Dividend Aristocrats UCITS	2.86%	2.96%	3.06%	2.93%	3.44%	2.91%	2.94%	2.79%	2.38%	1.76%	2.14%	3.16%

Drawdowns

AUAD.L vs. PADV.L - Drawdown Comparison

The maximum AUAD.L drawdown since its inception was -21.75%, smaller than the maximum PADV.L drawdown of -27.09%. Use the drawdown chart below to compare losses from any high point for AUAD.L and PADV.L.

Drawdown Indicators

	AUAD.L	PADV.L	Difference
Max Drawdown Largest peak-to-trough decline	-21.75%	-27.09%	+5.34%
Max Drawdown (1Y) Largest decline over 1 year	-12.22%	-7.11%	-5.11%
Max Drawdown (5Y) Largest decline over 5 years	-21.75%	-20.32%	-1.43%
Max Drawdown (10Y) Largest decline over 10 years	—	-24.94%	—
Current Drawdown Current decline from peak	-5.37%	-3.75%	-1.62%
Average Drawdown Average peak-to-trough decline	-5.15%	-5.67%	+0.52%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.23%	2.31%	+0.92%

Volatility

AUAD.L vs. PADV.L - Volatility Comparison

UBS ETF (IE) MSCI Australia UCITS ETF (AUD) A-dis (AUAD.L) has a higher volatility of 5.40% compared to SPDR S&P Pan Asia Dividend Aristocrats UCITS (PADV.L) at 4.00%. This indicates that AUAD.L's price experiences larger fluctuations and is considered to be riskier than PADV.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AUAD.L	PADV.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.40%	4.00%	+1.40%
Volatility (6M) Calculated over the trailing 6-month period	10.03%	9.36%	+0.67%
Volatility (1Y) Calculated over the trailing 1-year period	16.76%	12.45%	+4.31%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.01%	13.07%	+3.94%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.44%	14.72%	+3.72%