PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan
IDAP.L vs. FRQX.L
Performance
Return for Risk
Drawdowns
Volatility
Dividends

IDAP.L vs. FRQX.L

Last updated Jun 5, 2026

IDAP.L (iShares Asia Pacific Dividend UCITS) and FRQX.L (Franklin AC Asia ex Japan UCITS ETF) are both Asia Pacific Equities funds - IDAP.L tracks the MSCI AC Asia Pacific NR USD while FRQX.L tracks the MSCI AC Asia Ex Japan NR USD. Both are passively managed. Over the past 5 years, IDAP.L returned 9.72%/yr vs 13.53%/yr for FRQX.L. A 0.65 correlation means they provide meaningful diversification when combined. IDAP.L charges 0.59%/yr vs 0.40%/yr for FRQX.L.

Performance

IDAP.L vs. FRQX.L - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares Asia Pacific Dividend UCITS (IDAP.L) and Franklin AC Asia ex Japan UCITS ETF (FRQX.L). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Different Trading Currencies

IDAP.L is traded in USD, while FRQX.L is traded in GBP. To make them comparable, the FRQX.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 lower than FRQX.L's 43.34% 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%

FRQX.L

1D
-1.95%
1M
9.53%
YTD
43.34%
6M
49.24%
1Y
76.71%
3Y*
29.27%
5Y*
13.53%
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

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

2026 (YTD)20252024202320222021202020192018
IDAP.L
iShares Asia Pacific Dividend UCITS		12.85%29.69%6.18%13.48%-1.96%3.39%-9.38%13.90%-6.76%
FRQX.L
Franklin AC Asia ex Japan UCITS ETF		43.34%30.27%7.57%11.38%-12.95%4.98%6.31%10.56%-6.89%

Correlation

The correlation between IDAP.L and FRQX.L is 0.47, which is low. Their price movements are largely independent, making them effective diversification partners.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.47

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

0.61

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

0.64

Correlation (All Time)
Calculated using the full available price history since Oct 2, 2018

0.65

The correlation between IDAP.L and FRQX.L shifts across timeframes, from 0.47 (1 year) to 0.65 (all time), reflecting how their relationship changes across market environments.

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

Sectors
IDAP.L
FRQX.L

Financial Services

30.9%
15.6%

Basic Materials

16.1%
3.2%

Consumer Cyclical

10.9%
4.6%

Real Estate

10.6%
1.9%

Industrials

7.1%
8.9%

Consumer Defensive

5.2%
2.2%

Energy

5.1%
2.3%

Communication Services

4.7%
2.4%

Utilities

4.5%
1.9%

Healthcare

3.5%
2.2%

Technology

1.6%
54.7%

Financial Services

IDAP.L
30.9%
FRQX.L
15.6%

Basic Materials

IDAP.L
16.1%
FRQX.L
3.2%

Consumer Cyclical

IDAP.L
10.9%
FRQX.L
4.6%

Real Estate

IDAP.L
10.6%
FRQX.L
1.9%

Industrials

IDAP.L
7.1%
FRQX.L
8.9%

Consumer Defensive

IDAP.L
5.2%
FRQX.L
2.2%

Energy

IDAP.L
5.1%
FRQX.L
2.3%

Communication Services

IDAP.L
4.7%
FRQX.L
2.4%

Utilities

IDAP.L
4.5%
FRQX.L
1.9%

Healthcare

IDAP.L
3.5%
FRQX.L
2.2%

Technology

IDAP.L
1.6%
FRQX.L
54.7%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

iShares Asia Pacific Dividend UCITS

Franklin AC Asia ex Japan UCITS ETF

Often compared with IDAP.L:
IDAP.L vs. EWLIDAP.L vs. VAPX.ASIDAP.L vs. ASDV.LIDAP.L vs. DVYAIDAP.L vs. SEDY.LIDAP.L vs. HYGWIDAP.L vs. LCAL.L
Often compared with FRQX.L:
FRQX.L vs. FRIN.LFRQX.L vs. ESIN.LFRQX.L vs. PICKFRQX.L vs. FRUC.LFRQX.L vs. PAXG.LFRQX.L vs. FVUB.LFRQX.L vs. FLRK.L

Return for Risk

IDAP.L vs. FRQX.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: 8686
Overall Rank
IDAP.L Sharpe Ratio Rank: 8989
Sharpe Ratio Rank
IDAP.L Sortino Ratio Rank: 8989
Sortino Ratio Rank
IDAP.L Omega Ratio Rank: 8686
Omega Ratio Rank
IDAP.L Calmar Ratio Rank: 8383
Calmar Ratio Rank
IDAP.L Martin Ratio Rank: 8484
Martin Ratio Rank
FRQX.L
FRQX.L Risk / Return Rank: 9494
Overall Rank
FRQX.L Sharpe Ratio Rank: 9696
Sharpe Ratio Rank
FRQX.L Sortino Ratio Rank: 9696
Sortino Ratio Rank
FRQX.L Omega Ratio Rank: 9595
Omega Ratio Rank
FRQX.L Calmar Ratio Rank: 9292
Calmar Ratio Rank
FRQX.L Martin Ratio Rank: 9393
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.

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

This table presents a comparison of risk-adjusted performance metrics for iShares Asia Pacific Dividend UCITS (IDAP.L) and Franklin AC Asia ex Japan UCITS ETF (FRQX.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.LFRQX.LDifference
Sharpe ratioReturn per unit of total volatility
2.95
3.72

-0.77

Sortino ratioReturn per unit of downside risk
4.06
5.05

-0.99

Omega ratioGain probability vs. loss probability

1.52

1.64

-0.12

Calmar ratioReturn relative to maximum drawdown

4.34

5.03

-0.69

Martin ratioReturn relative to average drawdown

16.72

20.88

-4.16

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. FRQX.L - Sharpe Ratio Comparison

The current IDAP.L Sharpe Ratio is 2.95, which is comparable to the FRQX.L Sharpe Ratio of 3.72. The chart below compares the historical Sharpe Ratios of IDAP.L and FRQX.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.

Loading charts...

Sharpe Ratios by Period

IDAP.LFRQX.LDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

2.95

3.72

-0.77

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.66

0.81

-0.16

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

0.62

-0.38

Drawdowns

IDAP.L vs. FRQX.L - Drawdown Comparison

The maximum IDAP.L drawdown since its inception was -69.37%, which is greater than FRQX.L's maximum drawdown of -30.05%. Use the drawdown chart below to compare losses from any high point for IDAP.L and FRQX.L.

Loading charts...

Drawdown Indicators

IDAP.LFRQX.LDifference

Max Drawdown

Largest peak-to-trough decline

-69.37%

-30.05%

-39.32%

Max Drawdown (1Y)

Largest decline over 1 year

-8.77%

-15.16%

+6.39%

Max Drawdown (3Y)

Largest decline over 3 years

-18.62%

-22.05%

+3.43%

Max Drawdown (5Y)

Largest decline over 5 years

-25.37%

-26.09%

+0.72%

Max Drawdown (10Y)

Largest decline over 10 years

-45.71%

—

—

Current Drawdown

Current decline from peak

-3.01%

-2.87%

-0.14%

Average Drawdown

Average peak-to-trough decline

-11.15%

-7.23%

-3.92%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.28%

3.66%

-1.38%

Volatility

IDAP.L vs. FRQX.L - Volatility Comparison

The current volatility for iShares Asia Pacific Dividend UCITS (IDAP.L) is 4.29%, while Franklin AC Asia ex Japan UCITS ETF (FRQX.L) has a volatility of 7.95%. This indicates that IDAP.L experiences smaller price fluctuations and is considered to be less risky than FRQX.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Loading charts...

Volatility by Period

IDAP.LFRQX.LDifference

Volatility (1M)

Calculated over the trailing 1-month period

4.29%

7.95%

-3.66%

Volatility (6M)

Calculated over the trailing 6-month period

10.41%

17.74%

-7.33%

Volatility (1Y)

Calculated over the trailing 1-year period

12.92%

20.53%

-7.61%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

14.81%

16.65%

-1.84%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

16.73%

17.86%

-1.13%

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

IDAP.L has a 0.59% expense ratio, which is higher than FRQX.L's 0.40% expense ratio.

Dividends

IDAP.L vs. FRQX.L - Dividend Comparison

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

PositionTTM20252024202320222021202020192018201720162015
FRQX.L
Franklin AC Asia ex Japan UCITS ETF		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

IDAP.L and FRQX.L have a correlation of 0.47, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, FRQX.L is cheaper at 0.40% per year. The better choice depends on whether you care most about return, fees, risk, or income.

FRQX.L is cheaper with a 0.40% expense ratio, compared with 0.59% for IDAP.L.

IDAP.L tracks MSCI AC Asia Pacific NR USD, while FRQX.L tracks MSCI AC Asia Ex Japan NR USD. They also come from different issuers: iShares and Franklin Templeton. Their fees differ too: 0.59% for IDAP.L and 0.40% for FRQX.L.

Portfolio Optimizer

Find the right allocation for IDAP.L and FRQX.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