IDAP.L vs. ESPS.L

Last updated Jun 5, 2026

IDAP.L (iShares Asia Pacific Dividend UCITS) and ESPS.L (Invesco MSCI Pacific Ex Japan ESG Universal Screened UCITS ETF Acc) are both Asia Pacific Equities funds - IDAP.L tracks the MSCI AC Asia Pacific NR USD while ESPS.L tracks the MSCI Pacific Ex Japan NR USD. Both are passively managed. Over the past 5 years, IDAP.L returned 9.72%/yr vs 4.93%/yr for ESPS.L. At a 0.49 correlation, their price movements are largely independent. IDAP.L charges 0.59%/yr vs 0.19%/yr for ESPS.L.

Performance

IDAP.L vs. ESPS.L - Performance Comparison

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

Different Trading Currencies

IDAP.L is traded in USD, while ESPS.L is traded in GBp. To make them comparable, the ESPS.L values have been converted to USD using the latest available exchange rates.

Returns By Period

In the year-to-date period, IDAP.L achieves a 12.85% return, which is significantly higher than ESPS.L's 6.31% return.

IDAP.L

• 1D: -0.38%
• 1M: -0.35%
• YTD: 12.85%
• 6M: 13.89%
• 1Y: 38.26%
• 3Y*: 21.67%
• 5Y*: 9.72%
• 10Y*: 7.15%

ESPS.L

• 1D: -0.73%
• 1M: -0.81%
• YTD: 6.31%
• 6M: 7.92%
• 1Y: 13.50%
• 3Y*: 12.19%
• 5Y*: 4.93%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

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

	2026 (YTD)	2025	2024	2023	2022	2021
IDAP.L iShares Asia Pacific Dividend UCITS	12.85%	29.69%	6.18%	13.48%	-1.96%	0.10%
ESPS.L Invesco MSCI Pacific Ex Japan ESG Universal Screened UCITS ETF Acc	6.31%	18.50%	5.81%	7.20%	-8.84%	4.56%

Correlation

The correlation between IDAP.L and ESPS.L is 0.82, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.82
Correlation (3Y) Calculated over the trailing 3-year period	0.65
Correlation (5Y) Calculated over the trailing 5-year period	0.51
Correlation (All Time) Calculated using the full available price history since Feb 5, 2021	0.49

Over the past year, IDAP.L and ESPS.L have become more correlated (0.82) than their long-term average of 0.49, meaning their price movements have been converging.

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

Sectors	IDAP.L	ESPS.L
Financial Services	30.9%	50.7%
Basic Materials	16.1%	11.6%
Consumer Cyclical	10.9%	6.8%
Real Estate	10.6%	7.8%
Industrials	7.1%	7.2%
Consumer Defensive	5.2%	2.6%
Energy	5.1%	3.0%
Communication Services	4.7%	2.6%
Utilities	4.5%	2.2%
Healthcare	3.5%	4.0%
Technology	1.6%	1.4%

Return for Risk

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

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

IDAP.L

IDAP.L Risk / Return Rank: 86
IDAP.L Sharpe Ratio Rank: 89
IDAP.L Sortino Ratio Rank: 89
IDAP.L Omega Ratio Rank: 86
IDAP.L Calmar Ratio Rank: 83
IDAP.L Martin Ratio Rank: 84

ESPS.L

ESPS.L Risk / Return Rank: 38
ESPS.L Sharpe Ratio Rank: 39
ESPS.L Sortino Ratio Rank: 39
ESPS.L Omega Ratio Rank: 37
ESPS.L Calmar Ratio Rank: 40
ESPS.L Martin Ratio Rank: 36

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.

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

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

	IDAP.L	ESPS.L	Difference
Sharpe ratio: Return per unit of total volatility	2.95	1.03	+1.92
Sortino ratio: Return per unit of downside risk	4.06	1.61	+2.45
Omega ratio: Gain probability vs. loss probability	1.52	1.18	+0.33
Calmar ratio: Return relative to maximum drawdown	4.34	1.48	+2.86
Martin ratio: Return relative to average drawdown	16.72	4.63	+12.08
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

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

The current IDAP.L Sharpe Ratio is 2.95, which is higher than the ESPS.L Sharpe Ratio of 1.03. The chart below compares the historical Sharpe Ratios of IDAP.L and ESPS.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.

Sharpe Ratios by Period

	IDAP.L	ESPS.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.95	1.03	+1.92
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.66	0.38	+0.27
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.43	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.24	0.49	-0.25

Drawdowns

IDAP.L vs. ESPS.L - Drawdown Comparison

The maximum IDAP.L drawdown since its inception was -69.37%, which is greater than ESPS.L's maximum drawdown of -22.90%. Use the drawdown chart below to compare losses from any high point for IDAP.L and ESPS.L.

Drawdown Indicators

	IDAP.L	ESPS.L	Difference
Max Drawdown Largest peak-to-trough decline	-69.37%	-22.90%	-46.47%
Max Drawdown (1Y) Largest decline over 1 year	-8.77%	-9.09%	+0.32%
Max Drawdown (3Y) Largest decline over 3 years	-18.62%	-19.21%	+0.59%
Max Drawdown (5Y) Largest decline over 5 years	-25.37%	-22.90%	-2.47%
Max Drawdown (10Y) Largest decline over 10 years	-45.71%	—	—
Current Drawdown Current decline from peak	-3.01%	-4.45%	+1.44%
Average Drawdown Average peak-to-trough decline	-11.15%	-5.60%	-5.55%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.28%	2.91%	-0.63%

Volatility

IDAP.L vs. ESPS.L - Volatility Comparison

iShares Asia Pacific Dividend UCITS (IDAP.L) has a higher volatility of 4.29% compared to Invesco MSCI Pacific Ex Japan ESG Universal Screened UCITS ETF Acc (ESPS.L) at 3.99%. This indicates that IDAP.L's price experiences larger fluctuations and is considered to be riskier than ESPS.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IDAP.L	ESPS.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.29%	3.99%	+0.30%
Volatility (6M) Calculated over the trailing 6-month period	10.41%	10.41%	0.00%
Volatility (1Y) Calculated over the trailing 1-year period	12.92%	13.03%	-0.11%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.81%	23.66%	-8.85%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.73%	23.68%	-6.95%

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

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

Dividends

IDAP.L vs. ESPS.L - Dividend Comparison

IDAP.L's dividend yield for the trailing twelve months is around 3.65%, while ESPS.L has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
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%
IDAP.L iShares Asia Pacific Dividend UCITS	3.65%	4.22%	5.36%	5.72%	6.92%	5.59%	3.49%	5.52%	6.04%	4.55%	4.54%	5.47%

Frequently Asked Questions

Can I hold both IDAP.L and ESPS.L in my portfolio?

IDAP.L and ESPS.L have a correlation of 0.82, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, IDAP.L or ESPS.L?

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.

Which ETF is cheaper, IDAP.L or ESPS.L?

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

What is the main difference between IDAP.L and ESPS.L?

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