IAPD.L vs. FCSS.L
IAPD.L (iShares Asia Pacific Dividend UCITS) is Asia Pacific Equities fund tracking the MSCI AC Asia Pacific NR USD, while FCSS.L (Fidelity China Special Situations plc) is a stock. Over the past 10 years, IAPD.L returned 9.65%/yr vs 9.63%/yr for FCSS.L. At a 0.47 correlation, their price movements are largely independent.
Performance
IAPD.L vs. FCSS.L - Performance Comparison
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Returns By Period
In the year-to-date period, IAPD.L achieves a 13.20% return, which is significantly higher than FCSS.L's -5.47% return. Both investments have delivered pretty close results over the past 10 years, with IAPD.L having a 9.65% annualized return and FCSS.L not far behind at 9.63%.
IAPD.L
- 1D
- 0.04%
- 1M
- 0.77%
- YTD
- 13.20%
- 6M
- 13.76%
- 1Y
- 41.98%
- 3Y*
- 20.42%
- 5Y*
- 12.72%
- 10Y*
- 9.65%
FCSS.L
- 1D
- -0.35%
- 1M
- -2.40%
- YTD
- -5.47%
- 6M
- -7.92%
- 1Y
- 16.51%
- 3Y*
- 12.57%
- 5Y*
- -5.01%
- 10Y*
- 9.63%
IAPD.L vs. FCSS.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IAPD.L iShares Asia Pacific Dividend UCITS | 13.20% | 22.91% | 9.51% | 8.99% | 11.40% | 6.82% | -11.63% | 11.98% | -8.55% | 8.25% |
FCSS.L Fidelity China Special Situations plc | -5.47% | 40.12% | 8.61% | -9.30% | -21.25% | -17.53% | 68.64% | 24.10% | -18.81% | 39.79% |
Correlation
The correlation between IAPD.L and FCSS.L is 0.39, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.39 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.49 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.46 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.49 |
Correlation (All Time) Calculated using the full available price history since Apr 20, 2010 | 0.47 |
The correlation between IAPD.L and FCSS.L shifts across timeframes, from 0.39 (1 year) to 0.49 (10 years), reflecting how their relationship changes across market environments.
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Return for Risk
IAPD.L vs. FCSS.L — Risk / Return Rank
IAPD.L
FCSS.L
IAPD.L vs. FCSS.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Asia Pacific Dividend UCITS (IAPD.L) and Fidelity China Special Situations plc (FCSS.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.
| IAPD.L | FCSS.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +3.11 | ||
| Sortino ratioReturn per unit of downside risk | +4.35 | ||
| Omega ratioGain probability vs. loss probability | 1.71 | 1.15 | +0.56 |
| Calmar ratioReturn relative to maximum drawdown | 6.04 | 0.99 | +5.05 |
| Martin ratioReturn relative to average drawdown | 20.30 | 2.26 | +18.04 |
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
| IAPD.L | FCSS.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 3.89 | 0.79 | +3.11 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.02 | -0.18 | +1.20 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.62 | 0.37 | +0.25 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.56 | 0.32 | +0.23 |
Drawdowns
IAPD.L vs. FCSS.L - Drawdown Comparison
The maximum IAPD.L drawdown since its inception was -52.66%, smaller than the maximum FCSS.L drawdown of -62.98%. Use the drawdown chart below to compare losses from any high point for IAPD.L and FCSS.L.
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Drawdown Indicators
| IAPD.L | FCSS.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -52.66% | -62.98% | +10.32% |
Max Drawdown (1Y)Largest decline over 1 year | -6.92% | -16.69% | +9.77% |
Max Drawdown (3Y)Largest decline over 3 years | -16.88% | -27.34% | +10.46% |
Max Drawdown (5Y)Largest decline over 5 years | -16.88% | -56.66% | +39.78% |
Max Drawdown (10Y)Largest decline over 10 years | -37.53% | -62.98% | +25.45% |
Current DrawdownCurrent decline from peak | -2.91% | -35.09% | +32.18% |
Average DrawdownAverage peak-to-trough decline | -7.37% | -24.93% | +17.56% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.06% | 7.29% | -5.23% |
Volatility
IAPD.L vs. FCSS.L - Volatility Comparison
The current volatility for iShares Asia Pacific Dividend UCITS (IAPD.L) is 3.49%, while Fidelity China Special Situations plc (FCSS.L) has a volatility of 6.84%. This indicates that IAPD.L experiences smaller price fluctuations and is considered to be less risky than FCSS.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IAPD.L | FCSS.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.49% | 6.84% | -3.35% |
Volatility (6M)Calculated over the trailing 6-month period | 8.32% | 15.40% | -7.08% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.73% | 21.05% | -10.32% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.44% | 28.18% | -15.74% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.46% | 26.10% | -10.64% |
Dividends
IAPD.L vs. FCSS.L - Dividend Comparison
IAPD.L's dividend yield for the trailing twelve months is around 4.89%, more than FCSS.L's 3.16% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FCSS.L Fidelity China Special Situations plc | 3.16% | 2.99% | 2.87% | 2.96% | 2.29% | 1.50% | 1.11% | 1.67% | 1.86% | 1.06% | 1.06% | 0.91% |
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
IAPD.L and FCSS.L have a correlation of 0.39, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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