IAPD.L vs. C500.L
IAPD.L (iShares Asia Pacific Dividend UCITS) and C500.L (Invesco S&P China A MidCap 500 Swap UCITS ETF Acc) are both exchange-traded funds - IAPD.L is a Asia Pacific Equities fund tracking the MSCI AC Asia Pacific NR USD, while C500.L is a China Equities fund tracking the S&P China A MidCap 500 Index. Both are passively managed. Over the past 3 years, IAPD.L returned 19.11%/yr vs 2.65%/yr for C500.L. At a 0.25 correlation, their price movements are largely independent. IAPD.L charges 0.59%/yr vs 0.35%/yr for C500.L.
Performance
IAPD.L vs. C500.L - Performance Comparison
Loading charts...
Different Trading Currencies
IAPD.L is traded in GBp, while C500.L is traded in USD. To make them comparable, the C500.L values have been converted to GBp using the latest available exchange rates.
Returns By Period
In the year-to-date period, IAPD.L achieves a 14.62% return, which is significantly higher than C500.L's 0.64% return.
IAPD.L
- 1D
- 0.00%
- 1M
- 1.51%
- 6M
- 10.11%
- YTD
- 14.62%
- 1Y
- 31.27%
- 3Y*
- 19.11%
- 5Y*
- 11.12%
- 10Y*
- 6.52%
C500.L
- 1D
- -0.31%
- 1M
- 0.16%
- 6M
- 0.43%
- YTD
- 0.64%
- 1Y
- -0.02%
- 3Y*
- 2.65%
- 5Y*
- —
- 10Y*
- —
IAPD.L vs. C500.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
IAPD.L iShares Asia Pacific Dividend UCITS | 14.62% | 20.92% | 7.89% | 7.23% | 2.35% |
C500.L Invesco S&P China A MidCap 500 Swap UCITS ETF Acc | 0.64% | -0.64% | 14.46% | -13.60% | 13.41% |
Correlation
The correlation between IAPD.L and C500.L is -0.01, 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 | -0.01 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.24 |
Correlation (All Time) Calculated using the full available price history since May 9, 2022 | 0.25 |
The correlation between IAPD.L and C500.L shifts across timeframes, from -0.01 (1 year) to 0.25 (all time), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
IAPD.L vs. C500.L — Risk / Return Rank
IAPD.L
C500.L
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
IAPD.L vs. C500.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Asia Pacific Dividend UCITS (IAPD.L) and Invesco S&P China A MidCap 500 Swap UCITS ETF Acc (C500.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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| IAPD.L | C500.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.83 | ||
| Sortino ratioReturn per unit of downside risk | +4.06 | ||
| Omega ratioGain probability vs. loss probability | 1.52 | 1.01 | +0.51 |
| Calmar ratioReturn relative to maximum drawdown | 4.49 | 0.06 | +4.44 |
| Martin ratioReturn relative to average drawdown | 12.47 | 0.12 | +12.35 |
Loading charts...
Drawdowns
IAPD.L vs. C500.L - Drawdown Comparison
The maximum IAPD.L drawdown since its inception was -56.01%, which is greater than C500.L's maximum drawdown of -38.52%. Use the drawdown chart below to compare losses from any high point for IAPD.L and C500.L.
Loading charts...
Drawdown Indicators
| IAPD.L | C500.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -56.01% | -38.52% | -17.49% |
Max Drawdown (1Y)Largest decline over 1 year | -6.93% | -5.98% | -0.95% |
Max Drawdown (3Y)Largest decline over 3 years | -16.92% | -26.03% | +9.11% |
Max Drawdown (5Y)Largest decline over 5 years | -16.92% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -38.09% | — | — |
Current DrawdownCurrent decline from peak | -1.69% | -13.89% | +12.20% |
Average DrawdownAverage peak-to-trough decline | -8.66% | -15.85% | +7.19% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.50% | 2.70% | -0.20% |
Volatility
IAPD.L vs. C500.L - Volatility Comparison
iShares Asia Pacific Dividend UCITS (IAPD.L) has a higher volatility of 2.70% compared to Invesco S&P China A MidCap 500 Swap UCITS ETF Acc (C500.L) at 1.73%. This indicates that IAPD.L's price experiences larger fluctuations and is considered to be riskier than C500.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| IAPD.L | C500.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.70% | 1.73% | +0.97% |
Volatility (6M)Calculated over the trailing 6-month period | 8.55% | 5.00% | +3.55% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.83% | 6.58% | +4.25% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.47% | 22.87% | -10.40% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.39% | 22.87% | -7.48% |
IAPD.L vs. C500.L - Expense Ratio Comparison
IAPD.L has a 0.59% expense ratio, which is higher than C500.L's 0.35% expense ratio.
Dividends
IAPD.L vs. C500.L - Dividend Comparison
IAPD.L's dividend yield for the trailing twelve months is around 4.16%, while C500.L has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
C500.L Invesco S&P China A MidCap 500 Swap 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 | 4.16% | 4.20% | 5.25% | 5.77% | 6.84% | 5.51% | 3.70% | 5.67% | 5.87% | 4.71% | 4.22% | 5.31% |
Frequently Asked Questions
IAPD.L and C500.L have a correlation of -0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, C500.L is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.
C500.L is cheaper with a 0.35% expense ratio, compared with 0.59% for IAPD.L.
IAPD.L is categorized as Asia Pacific Equities, while C500.L is China Equities. IAPD.L tracks MSCI AC Asia Pacific NR USD, while C500.L tracks S&P China A MidCap 500 Index. They also come from different issuers: iShares and Invesco. Their fees differ too: 0.59% for IAPD.L and 0.35% for C500.L.
Find the right allocation for IAPD.L and C500.L
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer