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ESPS.L vs. IAPD.L
Performance
Return for Risk
Drawdowns
Volatility
Dividends

ESPS.L vs. IAPD.L

Last updated Jun 4, 2026

ESPS.L (Invesco MSCI Pacific Ex Japan ESG Universal Screened UCITS ETF Acc) and IAPD.L (iShares Asia Pacific Dividend UCITS) are both Asia Pacific Equities funds - ESPS.L tracks the MSCI Pacific Ex Japan NR USD while IAPD.L tracks the MSCI AC Asia Pacific NR USD. Both are passively managed. Over the past 5 years, ESPS.L returned 6.22%/yr vs 12.71%/yr for IAPD.L. At a 0.42 correlation, their price movements are largely independent. ESPS.L charges 0.19%/yr vs 0.59%/yr for IAPD.L.

Performance

ESPS.L vs. IAPD.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in Invesco MSCI Pacific Ex Japan ESG Universal Screened UCITS ETF Acc (ESPS.L) and iShares Asia Pacific Dividend UCITS (IAPD.L). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, ESPS.L achieves a 7.41% return, which is significantly lower than IAPD.L's 13.15% return.

ESPS.L

1D
-0.43%
1M
0.59%
YTD
7.41%
6M
8.29%
1Y
16.01%
3Y*
9.70%
5Y*
6.22%
10Y*
—

IAPD.L

1D
-0.87%
1M
0.92%
YTD
13.15%
6M
14.00%
1Y
42.16%
3Y*
20.66%
5Y*
12.71%
10Y*
9.81%
*Multi-year figures are annualized to reflect compound growth (CAGR)

ESPS.L vs. IAPD.L - Yearly Performance Comparison

2026 (YTD)20252024202320222021
ESPS.L
Invesco MSCI Pacific Ex Japan ESG Universal Screened UCITS ETF Acc		7.41%10.52%7.35%2.26%1.34%5.87%
IAPD.L
iShares Asia Pacific Dividend UCITS		13.15%22.91%9.51%8.99%11.40%3.48%

Correlation

The correlation between ESPS.L and IAPD.L is 0.76, 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

0.76

Correlation (3Y)
Calculated over the trailing 3-year period

0.60

Correlation (5Y)
Calculated over the trailing 5-year period

0.44

Correlation (All Time)
Calculated using the full available price history since Feb 5, 2021

0.42

Over the past year, ESPS.L and IAPD.L have become more correlated (0.76) than their long-term average of 0.42, meaning their price movements have been converging.

ESPS.L vs. IAPD.L - Sectors Allocation Comparison

Sectors
ESPS.L
IAPD.L

Financial Services

50.7%
30.9%

Basic Materials

11.6%
16.1%

Real Estate

7.8%
10.6%

Industrials

7.2%
7.1%

Consumer Cyclical

6.8%
10.9%

Healthcare

4.0%
3.5%

Energy

3.0%
5.1%

Consumer Defensive

2.6%
5.2%

Communication Services

2.6%
4.7%

Utilities

2.2%
4.5%

Technology

1.4%
1.6%

Financial Services

ESPS.L
50.7%
IAPD.L
30.9%

Basic Materials

ESPS.L
11.6%
IAPD.L
16.1%

Real Estate

ESPS.L
7.8%
IAPD.L
10.6%

Industrials

ESPS.L
7.2%
IAPD.L
7.1%

Consumer Cyclical

ESPS.L
6.8%
IAPD.L
10.9%

Healthcare

ESPS.L
4.0%
IAPD.L
3.5%

Energy

ESPS.L
3.0%
IAPD.L
5.1%

Consumer Defensive

ESPS.L
2.6%
IAPD.L
5.2%

Communication Services

ESPS.L
2.6%
IAPD.L
4.7%

Utilities

ESPS.L
2.2%
IAPD.L
4.5%

Technology

ESPS.L
1.4%
IAPD.L
1.6%

Compare stocks, funds, or ETFs

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Invesco MSCI Pacific Ex Japan ESG Universal Screened UCITS ETF Acc

iShares Asia Pacific Dividend UCITS

Often compared with ESPS.L:
ESPS.L vs. CEMA.LESPS.L vs. LGAG.LESPS.L vs. PADV.LESPS.L vs. XPXJ.LESPS.L vs. CPJ1.LESPS.L vs. CSKR.LESPS.L vs. FRXT.L
Often compared with IAPD.L:
IAPD.L vs. 100D.LIAPD.L vs. JEPQIAPD.L vs. NOBLIAPD.L vs. CNDX.LIAPD.L vs. IJRIAPD.L vs. VAPX.LIAPD.L vs. VOO

Return for Risk

ESPS.L vs. IAPD.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
ESPS.L
ESPS.L Risk / Return Rank: 4242
Overall Rank
ESPS.L Sharpe Ratio Rank: 4242
Sharpe Ratio Rank
ESPS.L Sortino Ratio Rank: 4444
Sortino Ratio Rank
ESPS.L Omega Ratio Rank: 4242
Omega Ratio Rank
ESPS.L Calmar Ratio Rank: 4444
Calmar Ratio Rank
ESPS.L Martin Ratio Rank: 3939
Martin Ratio Rank
IAPD.L
IAPD.L Risk / Return Rank: 9393
Overall Rank
IAPD.L Sharpe Ratio Rank: 9595
Sharpe Ratio Rank
IAPD.L Sortino Ratio Rank: 9696
Sortino Ratio Rank
IAPD.L Omega Ratio Rank: 9595
Omega Ratio Rank
IAPD.L Calmar Ratio Rank: 9191
Calmar Ratio Rank
IAPD.L Martin Ratio Rank: 8989
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.

ESPS.L vs. IAPD.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco MSCI Pacific Ex Japan ESG Universal Screened UCITS ETF Acc (ESPS.L) and iShares Asia Pacific Dividend UCITS (IAPD.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.

ESPS.LIAPD.LDifference
Sharpe ratioReturn per unit of total volatility
1.47
3.91

-2.43

Sortino ratioReturn per unit of downside risk
2.16
5.58

-3.41

Omega ratioGain probability vs. loss probability

1.27

1.71

-0.44

Calmar ratioReturn relative to maximum drawdown

2.12

6.06

-3.94

Martin ratioReturn relative to average drawdown

6.09

20.47

-14.38

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

ESPS.L vs. IAPD.L - Sharpe Ratio Comparison

The current ESPS.L Sharpe Ratio is 1.47, which is lower than the IAPD.L Sharpe Ratio of 3.91. The chart below compares the historical Sharpe Ratios of ESPS.L and IAPD.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.

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Sharpe Ratios by Period

ESPS.LIAPD.LDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.47

3.91

-2.43

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.61

1.02

-0.42

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

—

0.63

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.67

0.56

+0.12

Drawdowns

ESPS.L vs. IAPD.L - Drawdown Comparison

The maximum ESPS.L drawdown since its inception was -17.76%, smaller than the maximum IAPD.L drawdown of -52.66%. Use the drawdown chart below to compare losses from any high point for ESPS.L and IAPD.L.

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Drawdown Indicators

ESPS.LIAPD.LDifference

Max Drawdown

Largest peak-to-trough decline

-17.76%

-52.66%

+34.90%

Max Drawdown (1Y)

Largest decline over 1 year

-7.52%

-6.92%

-0.60%

Max Drawdown (3Y)

Largest decline over 3 years

-17.76%

-16.88%

-0.88%

Max Drawdown (5Y)

Largest decline over 5 years

-17.76%

-16.88%

-0.88%

Max Drawdown (10Y)

Largest decline over 10 years

—

-37.53%

—

Current Drawdown

Current decline from peak

-3.28%

-2.95%

-0.33%

Average Drawdown

Average peak-to-trough decline

-4.55%

-7.37%

+2.82%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.62%

2.05%

+0.57%

Volatility

ESPS.L vs. IAPD.L - Volatility Comparison

Invesco MSCI Pacific Ex Japan ESG Universal Screened UCITS ETF Acc (ESPS.L) and iShares Asia Pacific Dividend UCITS (IAPD.L) have volatilities of 3.47% and 3.49%, 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.

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Volatility by Period

ESPS.LIAPD.LDifference

Volatility (1M)

Calculated over the trailing 1-month period

3.47%

3.49%

-0.02%

Volatility (6M)

Calculated over the trailing 6-month period

8.32%

8.32%

0.00%

Volatility (1Y)

Calculated over the trailing 1-year period

10.81%

10.75%

+0.06%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

18.87%

12.44%

+6.43%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

18.87%

15.47%

+3.40%

ESPS.L vs. IAPD.L - Expense Ratio Comparison

ESPS.L has a 0.19% expense ratio, which is lower than IAPD.L's 0.59% expense ratio.

Dividends

ESPS.L vs. IAPD.L - Dividend Comparison

ESPS.L has not paid dividends to shareholders, while IAPD.L's dividend yield for the trailing twelve months is around 4.89%.

PositionTTM20252024202320222021202020192018201720162015
ESPS.L
Invesco MSCI Pacific Ex Japan ESG Universal Screened UCITS ETF Acc		0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
IAPD.L
iShares Asia Pacific Dividend UCITS		4.89%5.67%6.72%7.29%8.34%7.53%4.77%7.26%7.70%6.15%5.60%8.10%

Frequently Asked Questions

ESPS.L and IAPD.L have a correlation of 0.76, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, ESPS.L is cheaper at 0.19% per year. The better choice depends on whether you care most about return, fees, risk, or income.

ESPS.L is cheaper with a 0.19% expense ratio, compared with 0.59% for IAPD.L.

ESPS.L tracks MSCI Pacific Ex Japan NR USD, while IAPD.L tracks MSCI AC Asia Pacific NR USD. They also come from different issuers: Invesco and iShares. Their fees differ too: 0.19% for ESPS.L and 0.59% for IAPD.L.

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