ETLK.DE vs. VGEK.DE
ETLK.DE (L&G Asia Pacific ex Japan Equity UCITS ETF) and VGEK.DE (Vanguard FTSE Developed Asia Pacific ex Japan UCITS ETF (USD) Accumulating) are both Asia Pacific Equities funds - ETLK.DE tracks the Solactive Core Developed Markets Pacific ex Japan Large & Mid Cap while VGEK.DE tracks the FTSE Developed Asia Pacific ex Japan. Both are passively managed. Over the past 5 years, ETLK.DE returned 5.51%/yr vs 12.83%/yr for VGEK.DE. Their correlation of 0.89 suggests significant overlap in exposure. ETLK.DE charges 0.10%/yr vs 0.15%/yr for VGEK.DE.
Performance
ETLK.DE vs. VGEK.DE - Performance Comparison
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Returns By Period
In the year-to-date period, ETLK.DE achieves a 8.76% return, which is significantly lower than VGEK.DE's 49.52% return.
ETLK.DE
- 1D
- -0.99%
- 1M
- -2.56%
- YTD
- 8.76%
- 6M
- 10.04%
- 1Y
- 13.52%
- 3Y*
- 10.15%
- 5Y*
- 5.51%
- 10Y*
- —
VGEK.DE
- 1D
- -3.21%
- 1M
- 6.68%
- YTD
- 49.52%
- 6M
- 54.00%
- 1Y
- 77.62%
- 3Y*
- 24.83%
- 5Y*
- 12.83%
- 10Y*
- —
ETLK.DE vs. VGEK.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
ETLK.DE L&G Asia Pacific ex Japan Equity UCITS ETF | 8.76% | 7.52% | 11.54% | 1.26% | -0.49% | 11.62% | -1.71% | 4.56% |
VGEK.DE Vanguard FTSE Developed Asia Pacific ex Japan UCITS ETF (USD) Accumulating | 49.52% | 25.03% | 1.02% | 6.43% | -7.37% | 9.39% | 8.22% | 6.27% |
Correlation
The correlation between ETLK.DE and VGEK.DE is 0.72, 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 | 0.72 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.82 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.86 |
Correlation (All Time) Calculated using the full available price history since Sep 27, 2019 | 0.89 |
The correlation between ETLK.DE and VGEK.DE shifts across timeframes, from 0.72 (1 year) to 0.89 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
ETLK.DE vs. VGEK.DE — Risk / Return Rank
ETLK.DE
VGEK.DE
ETLK.DE vs. VGEK.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for L&G Asia Pacific ex Japan Equity UCITS ETF (ETLK.DE) and Vanguard FTSE Developed Asia Pacific ex Japan UCITS ETF (USD) Accumulating (VGEK.DE). 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.
| ETLK.DE | VGEK.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.61 | ||
| Sortino ratioReturn per unit of downside risk | -2.91 | ||
| Omega ratioGain probability vs. loss probability | 1.21 | 1.66 | -0.45 |
| Calmar ratioReturn relative to maximum drawdown | 2.34 | 6.17 | -3.84 |
| Martin ratioReturn relative to average drawdown | 6.47 | 24.03 | -17.56 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| ETLK.DE | VGEK.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.16 | 3.77 | -2.61 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.37 | 0.76 | -0.39 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.39 | 0.69 | -0.30 |
Drawdowns
ETLK.DE vs. VGEK.DE - Drawdown Comparison
The maximum ETLK.DE drawdown since its inception was -36.72%, roughly equal to the maximum VGEK.DE drawdown of -36.64%. Use the drawdown chart below to compare losses from any high point for ETLK.DE and VGEK.DE.
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Drawdown Indicators
| ETLK.DE | VGEK.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -36.72% | -36.64% | -0.08% |
Max Drawdown (1Y)Largest decline over 1 year | -5.98% | -12.88% | +6.90% |
Max Drawdown (3Y)Largest decline over 3 years | -19.89% | -19.68% | -0.21% |
Max Drawdown (5Y)Largest decline over 5 years | -19.89% | -19.68% | -0.21% |
Current DrawdownCurrent decline from peak | -2.56% | -3.76% | +1.20% |
Average DrawdownAverage peak-to-trough decline | -5.76% | -6.08% | +0.32% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.16% | 3.32% | -1.16% |
Volatility
ETLK.DE vs. VGEK.DE - Volatility Comparison
The current volatility for L&G Asia Pacific ex Japan Equity UCITS ETF (ETLK.DE) is 3.38%, while Vanguard FTSE Developed Asia Pacific ex Japan UCITS ETF (USD) Accumulating (VGEK.DE) has a volatility of 10.20%. This indicates that ETLK.DE experiences smaller price fluctuations and is considered to be less risky than VGEK.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ETLK.DE | VGEK.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.38% | 10.20% | -6.82% |
Volatility (6M)Calculated over the trailing 6-month period | 9.32% | 18.52% | -9.20% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.02% | 21.09% | -9.07% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.78% | 16.60% | -1.82% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.21% | 19.60% | -1.39% |
ETLK.DE vs. VGEK.DE - Expense Ratio Comparison
ETLK.DE has a 0.10% expense ratio, which is lower than VGEK.DE's 0.15% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
ETLK.DE vs. VGEK.DE - Dividend Comparison
Neither ETLK.DE nor VGEK.DE has paid dividends to shareholders.
Frequently Asked Questions
ETLK.DE and VGEK.DE have a correlation of 0.72, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, ETLK.DE is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.
ETLK.DE is cheaper with a 0.10% expense ratio, compared with 0.15% for VGEK.DE.
ETLK.DE tracks Solactive Core Developed Markets Pacific ex Japan Large & Mid Cap, while VGEK.DE tracks FTSE Developed Asia Pacific ex Japan. They also come from different issuers: Legal & General and Vanguard. Their fees differ too: 0.10% for ETLK.DE and 0.15% for VGEK.DE.
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