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EPP vs. ADVE
Performance
Return for Risk
Drawdowns
Volatility
Dividends

EPP vs. ADVE

Last updated Jun 4, 2026

EPP (iShares MSCI Pacific ex Japan ETF) and ADVE (Matthews Asia Dividend Active ETF) are both Asia Pacific Equities funds. EPP is passively managed, while ADVE is actively managed. Over the past year, EPP returned 17.40% vs 41.86% for ADVE. Their correlation of 0.81 suggests significant overlap in exposure. EPP charges 0.48%/yr vs 0.79%/yr for ADVE.

Performance

EPP vs. ADVE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares MSCI Pacific ex Japan ETF (EPP) and Matthews Asia Dividend Active ETF (ADVE). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Returns By Period

In the year-to-date period, EPP achieves a 9.57% return, which is significantly lower than ADVE's 21.50% return.

EPP

1D
-1.07%
1M
1.12%
YTD
9.57%
6M
10.96%
1Y
17.40%
3Y*
13.26%
5Y*
4.65%
10Y*
7.60%

ADVE

1D
-0.63%
1M
5.23%
YTD
21.50%
6M
23.40%
1Y
41.86%
3Y*
—
5Y*
—
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

EPP vs. ADVE - Yearly Performance Comparison

2026 (YTD)202520242023
EPP
iShares MSCI Pacific ex Japan ETF		9.57%19.70%4.76%11.04%
ADVE
Matthews Asia Dividend Active ETF		21.50%26.12%7.02%5.13%

Correlation

The correlation between EPP and ADVE is 0.77, 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

0.77

Correlation (All Time)
Calculated using the full available price history since Sep 25, 2023

0.81

The correlation between EPP and ADVE has been stable across timeframes, ranging from 0.77 to 0.81 - a consistent structural relationship.

EPP vs. ADVE - Sectors Allocation Comparison

Sectors
EPP
ADVE

Financial Services

46.0%
27.3%

Basic Materials

14.6%
3.4%

Industrials

8.6%
13.6%

Real Estate

7.8%
4.0%

Consumer Cyclical

6.0%
6.9%

Healthcare

3.7%
1.1%

Utilities

3.6%
1.1%

Consumer Defensive

3.0%
2.9%

Energy

2.9%
1.2%

Communication Services

2.7%
9.5%

Technology

1.1%
29.0%

Financial Services

EPP
46.0%
ADVE
27.3%

Basic Materials

EPP
14.6%
ADVE
3.4%

Industrials

EPP
8.6%
ADVE
13.6%

Real Estate

EPP
7.8%
ADVE
4.0%

Consumer Cyclical

EPP
6.0%
ADVE
6.9%

Healthcare

EPP
3.7%
ADVE
1.1%

Utilities

EPP
3.6%
ADVE
1.1%

Consumer Defensive

EPP
3.0%
ADVE
2.9%

Energy

EPP
2.9%
ADVE
1.2%

Communication Services

EPP
2.7%
ADVE
9.5%

Technology

EPP
1.1%
ADVE
29.0%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

iShares MSCI Pacific ex Japan ETF

Matthews Asia Dividend Active ETF

Often compared with EPP:
EPP vs. EWTEPP vs. AAXJEPP vs. BBAXEPP vs. EWHEPP vs. AIAEPP vs. EWYEPP vs. VPL
Often compared with ADVE:
ADVE vs. MINVADVE vs. MEMADVE vs. FLKRADVE vs. MKORADVE vs. EEMAADVE vs. EWSADVE vs. ECNS

Return for Risk

EPP vs. ADVE — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
EPP
EPP Risk / Return Rank: 3535
Overall Rank
EPP Sharpe Ratio Rank: 3333
Sharpe Ratio Rank
EPP Sortino Ratio Rank: 3232
Sortino Ratio Rank
EPP Omega Ratio Rank: 3232
Omega Ratio Rank
EPP Calmar Ratio Rank: 4040
Calmar Ratio Rank
EPP Martin Ratio Rank: 3939
Martin Ratio Rank
ADVE
ADVE Risk / Return Rank: 7676
Overall Rank
ADVE Sharpe Ratio Rank: 7777
Sharpe Ratio Rank
ADVE Sortino Ratio Rank: 7777
Sortino Ratio Rank
ADVE Omega Ratio Rank: 7979
Omega Ratio Rank
ADVE Calmar Ratio Rank: 7272
Calmar Ratio Rank
ADVE Martin Ratio Rank: 7575
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.

EPP vs. ADVE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Pacific ex Japan ETF (EPP) and Matthews Asia Dividend Active ETF (ADVE). 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.

EPPADVEDifference
Sharpe ratioReturn per unit of total volatility
1.20
2.49

-1.29

Sortino ratioReturn per unit of downside risk
1.74
3.47

-1.73

Omega ratioGain probability vs. loss probability

1.22

1.47

-0.25

Calmar ratioReturn relative to maximum drawdown

1.99

3.59

-1.60

Martin ratioReturn relative to average drawdown

6.27

14.23

-7.96

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

EPP vs. ADVE - Sharpe Ratio Comparison

The current EPP Sharpe Ratio is 1.20, which is lower than the ADVE Sharpe Ratio of 2.49. The chart below compares the historical Sharpe Ratios of EPP and ADVE, 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

EPPADVEDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.20

2.49

-1.29

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.27

—

—

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.40

—

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.39

1.44

-1.05

Drawdowns

EPP vs. ADVE - Drawdown Comparison

The maximum EPP drawdown since its inception was -66.01%, which is greater than ADVE's maximum drawdown of -18.41%. Use the drawdown chart below to compare losses from any high point for EPP and ADVE.

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Drawdown Indicators

EPPADVEDifference

Max Drawdown

Largest peak-to-trough decline

-66.01%

-18.41%

-47.60%

Max Drawdown (1Y)

Largest decline over 1 year

-8.79%

-11.73%

+2.94%

Max Drawdown (3Y)

Largest decline over 3 years

-19.29%

—

—

Max Drawdown (5Y)

Largest decline over 5 years

-26.31%

—

—

Max Drawdown (10Y)

Largest decline over 10 years

-39.30%

—

—

Current Drawdown

Current decline from peak

-2.79%

-0.63%

-2.16%

Average Drawdown

Average peak-to-trough decline

-10.62%

-3.15%

-7.47%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.78%

2.95%

-0.17%

Volatility

EPP vs. ADVE - Volatility Comparison

The current volatility for iShares MSCI Pacific ex Japan ETF (EPP) is 4.65%, while Matthews Asia Dividend Active ETF (ADVE) has a volatility of 5.98%. This indicates that EPP experiences smaller price fluctuations and is considered to be less risky than ADVE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

EPPADVEDifference

Volatility (1M)

Calculated over the trailing 1-month period

4.65%

5.98%

-1.33%

Volatility (6M)

Calculated over the trailing 6-month period

11.94%

14.42%

-2.48%

Volatility (1Y)

Calculated over the trailing 1-year period

14.51%

16.89%

-2.38%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

17.41%

15.68%

+1.73%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

19.11%

15.68%

+3.43%

EPP vs. ADVE - Expense Ratio Comparison

EPP has a 0.48% expense ratio, which is lower than ADVE's 0.79% expense ratio.

Dividends

EPP vs. ADVE - Dividend Comparison

EPP's dividend yield for the trailing twelve months is around 3.44%, more than ADVE's 2.46% yield.

PositionTTM20252024202320222021202020192018201720162015
ADVE
Matthews Asia Dividend Active ETF		2.46%2.97%6.00%0.37%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
EPP
iShares MSCI Pacific ex Japan ETF		3.44%3.77%3.81%4.10%4.37%4.58%2.28%3.89%5.00%4.15%3.96%4.90%

Frequently Asked Questions

EPP and ADVE have a correlation of 0.77, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

ADVE has higher volatility (5.98%) compared to EPP (4.65%). In terms of maximum drawdown, EPP dropped -66.01% vs ADVE's -18.41%.

On 1-year performance, ADVE leads with 41.86% vs 17.40% for EPP. On fees, EPP is cheaper at 0.48% per year. On volatility, EPP has been the lower-risk option at 4.65%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 1-year period, ADVE has performed better with a 41.86% return vs 17.40%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

EPP is cheaper with a 0.48% expense ratio, compared with 0.79% for ADVE.

EPP has the higher dividend yield at 3.44%, compared with 2.46% for ADVE.

They also come from different issuers: iShares and Matthews. Their fees differ too: 0.48% for EPP and 0.79% for ADVE.

ADVE currently has the higher Sharpe Ratio (2.49 vs 1.20), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.

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