BP.L vs. VAPX.L

Last updated Jun 5, 2026

BP.L (BP plc) is a stock, while VAPX.L (Vanguard FTSE Developed Asia Pacific ex Japan UCITS ETF Distributing) is Asia Pacific Equities fund tracking the MSCI AC Asia Pac Ex JPN NR USD. Over the past 10 years, BP.L returned 10.09%/yr vs 12.84%/yr for VAPX.L. At a 0.40 correlation, their price movements are largely independent.

Performance

BP.L vs. VAPX.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in BP plc (BP.L) and Vanguard FTSE Developed Asia Pacific ex Japan UCITS ETF Distributing (VAPX.L). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

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

Returns By Period

In the year-to-date period, BP.L achieves a 29.00% return, which is significantly lower than VAPX.L's 48.85% return. Over the past 10 years, BP.L has underperformed VAPX.L with an annualized return of 10.09%, while VAPX.L has yielded a comparatively higher 12.84% annualized return.

BP.L

• 1D: -0.15%
• 1M: -3.78%
• YTD: 29.00%
• 6M: 20.06%
• 1Y: 60.21%
• 3Y*: 10.57%
• 5Y*: 16.95%
• 10Y*: 10.09%

VAPX.L

• 1D: -3.09%
• 1M: 10.87%
• YTD: 48.85%
• 6M: 53.84%
• 1Y: 83.65%
• 3Y*: 24.61%
• 5Y*: 12.69%
• 10Y*: 12.84%

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

BP.L vs. VAPX.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
BP.L BP plc	29.00%	16.68%	-11.03%	2.65%	50.07%	36.34%	-41.69%	1.09%	0.45%	9.53%
VAPX.L Vanguard FTSE Developed Asia Pacific ex Japan UCITS ETF Distributing	48.85%	30.80%	-3.74%	3.63%	-1.84%	1.30%	14.91%	12.74%	-9.53%	20.31%

Correlation

The correlation between BP.L and VAPX.L is -0.09, 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	-0.09
Correlation (3Y) Calculated over the trailing 3-year period	0.16
Correlation (5Y) Calculated over the trailing 5-year period	0.25
Correlation (10Y) Calculated over the trailing 10-year period	0.37
Correlation (All Time) Calculated using the full available price history since May 23, 2013	0.40

The correlation between BP.L and VAPX.L shifts across timeframes, from -0.09 (1 year) to 0.40 (all time), reflecting how their relationship changes across market environments.

Return for Risk

BP.L vs. VAPX.L — Risk / Return Rank

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

BP.L

BP.L Risk / Return Rank: 87
BP.L Sharpe Ratio Rank: 89
BP.L Sortino Ratio Rank: 83
BP.L Omega Ratio Rank: 85
BP.L Calmar Ratio Rank: 89
BP.L Martin Ratio Rank: 90

VAPX.L

VAPX.L Risk / Return Rank: 94
VAPX.L Sharpe Ratio Rank: 96
VAPX.L Sortino Ratio Rank: 95
VAPX.L Omega Ratio Rank: 95
VAPX.L Calmar Ratio Rank: 92
VAPX.L Martin Ratio Rank: 92

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.

BP.L vs. VAPX.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for BP plc (BP.L) and Vanguard FTSE Developed Asia Pacific ex Japan UCITS ETF Distributing (VAPX.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.

	BP.L	VAPX.L	Difference
Sharpe ratio: Return per unit of total volatility	2.11	4.11	-2.01
Sortino ratio: Return per unit of downside risk	2.54	4.98	-2.43
Omega ratio: Gain probability vs. loss probability	1.36	1.75	-0.38
Calmar ratio: Return relative to maximum drawdown	4.23	6.18	-1.94
Martin ratio: Return relative to average drawdown	11.97	23.27	-11.30
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

BP.L vs. VAPX.L - Sharpe Ratio Comparison

The current BP.L Sharpe Ratio is 2.11, which is lower than the VAPX.L Sharpe Ratio of 4.11. The chart below compares the historical Sharpe Ratios of BP.L and VAPX.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

	BP.L	VAPX.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.11	4.11	-2.01
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.59	0.79	-0.20
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.33	0.74	-0.41
Sharpe Ratio (All Time) Calculated using the full available price history	0.25	0.54	-0.28

Drawdowns

BP.L vs. VAPX.L - Drawdown Comparison

The maximum BP.L drawdown since its inception was -63.14%, which is greater than VAPX.L's maximum drawdown of -30.88%. Use the drawdown chart below to compare losses from any high point for BP.L and VAPX.L.

Drawdown Indicators

	BP.L	VAPX.L	Difference
Max Drawdown Largest peak-to-trough decline	-63.14%	-30.88%	-32.26%
Max Drawdown (1Y) Largest decline over 1 year	-14.15%	-13.47%	-0.68%
Max Drawdown (3Y) Largest decline over 3 years	-35.63%	-16.88%	-18.75%
Max Drawdown (5Y) Largest decline over 5 years	-35.63%	-18.04%	-17.59%
Max Drawdown (10Y) Largest decline over 10 years	-63.14%	-30.88%	-32.26%
Current Drawdown Current decline from peak	-9.13%	-3.50%	-5.63%
Average Drawdown Average peak-to-trough decline	-14.55%	-6.47%	-8.08%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.02%	3.58%	+1.44%

Volatility

BP.L vs. VAPX.L - Volatility Comparison

The current volatility for BP plc (BP.L) is 9.06%, while Vanguard FTSE Developed Asia Pacific ex Japan UCITS ETF Distributing (VAPX.L) has a volatility of 10.22%. This indicates that BP.L experiences smaller price fluctuations and is considered to be less risky than VAPX.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BP.L	VAPX.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.06%	10.22%	-1.16%
Volatility (6M) Calculated over the trailing 6-month period	24.30%	17.90%	+6.40%
Volatility (1Y) Calculated over the trailing 1-year period	28.52%	20.27%	+8.25%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	28.63%	16.00%	+12.63%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	30.66%	17.39%	+13.27%

Dividends

BP.L vs. VAPX.L - Dividend Comparison

BP.L's dividend yield for the trailing twelve months is around 4.56%, more than VAPX.L's 1.54% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BP.L BP plc	4.56%	5.71%	6.04%	4.79%	3.92%	4.70%	9.60%	6.78%	6.16%	5.93%	5.77%	7.45%
VAPX.L Vanguard FTSE Developed Asia Pacific ex Japan UCITS ETF Distributing	1.54%	2.36%	3.20%	3.30%	4.12%	2.99%	1.81%	3.28%	3.55%	3.07%	2.71%	3.45%

Frequently Asked Questions

Can I hold both BP.L and VAPX.L in my portfolio?

BP.L and VAPX.L have a correlation of -0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.