IDX vs. DVYA

Last updated Jun 5, 2026

IDX (VanEck Vectors Indonesia Index ETF) and DVYA (iShares Asia/Pacific Dividend ETF) are both Asia Pacific Equities funds - IDX tracks the MVIS Indonesia Index while DVYA tracks the Dow Jones Asia/Pacific Select Dividend 30 Index. Both are passively managed. Over the past 10 years, IDX returned -4.45%/yr vs 7.20%/yr for DVYA. A 0.53 correlation means they provide meaningful diversification when combined. IDX charges 0.57%/yr vs 0.49%/yr for DVYA.

Performance

IDX vs. DVYA - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in VanEck Vectors Indonesia Index ETF (IDX) and iShares Asia/Pacific Dividend ETF (DVYA). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, IDX achieves a -36.77% return, which is significantly lower than DVYA's 13.09% return. Over the past 10 years, IDX has underperformed DVYA with an annualized return of -4.45%, while DVYA has yielded a comparatively higher 7.20% annualized return.

IDX

• 1D: -1.60%
• 1M: -21.09%
• YTD: -36.77%
• 6M: -37.78%
• 1Y: -27.09%
• 3Y*: -14.02%
• 5Y*: -9.23%
• 10Y*: -4.45%

DVYA

• 1D: -0.23%
• 1M: -0.44%
• YTD: 13.09%
• 6M: 13.35%
• 1Y: 38.23%
• 3Y*: 21.63%
• 5Y*: 9.83%
• 10Y*: 7.20%

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

IDX vs. DVYA - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
IDX VanEck Vectors Indonesia Index ETF	-36.77%	13.83%	-9.75%	1.98%	-9.40%	-2.59%	-7.45%	6.26%	-10.46%	19.24%
DVYA iShares Asia/Pacific Dividend ETF	13.09%	30.22%	6.05%	13.75%	-2.17%	3.41%	-9.61%	14.70%	-14.87%	16.99%

Correlation

The correlation between IDX and DVYA is 0.42, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.42
Correlation (3Y) Calculated over the trailing 3-year period	0.47
Correlation (5Y) Calculated over the trailing 5-year period	0.48
Correlation (10Y) Calculated over the trailing 10-year period	0.52
Correlation (All Time) Calculated using the full available price history since Feb 27, 2012	0.53

The correlation between IDX and DVYA shifts across timeframes, from 0.42 (1 year) to 0.53 (all time), reflecting how their relationship changes across market environments.

IDX vs. DVYA - Sectors Allocation Comparison

Sectors	IDX	DVYA
Basic Materials	25.2%	16.1%
Financial Services	25.1%	30.9%
Energy	12.5%	5.0%
Consumer Defensive	9.0%	5.2%
Communication Services	8.9%	4.7%
Industrials	7.4%	7.1%
Utilities	5.2%	4.5%
Technology	2.6%	1.6%
Healthcare	1.8%	3.5%
Real Estate	1.8%	10.6%
Consumer Cyclical	0.5%	10.9%

Return for Risk

IDX vs. DVYA — Risk / Return Rank

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

IDX

IDX Risk / Return Rank: 1
IDX Sharpe Ratio Rank: 1
IDX Sortino Ratio Rank: 2
IDX Omega Ratio Rank: 1
IDX Calmar Ratio Rank: 3
IDX Martin Ratio Rank: 0

DVYA

DVYA Risk / Return Rank: 85
DVYA Sharpe Ratio Rank: 89
DVYA Sortino Ratio Rank: 88
DVYA Omega Ratio Rank: 85
DVYA Calmar Ratio Rank: 83
DVYA Martin Ratio Rank: 82

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.

IDX vs. DVYA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for VanEck Vectors Indonesia Index ETF (IDX) and iShares Asia/Pacific Dividend ETF (DVYA). 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.

	IDX	DVYA	Difference
Sharpe ratio: Return per unit of total volatility	-1.08	2.96	-4.04
Sortino ratio: Return per unit of downside risk	-1.40	3.95	-5.35
Omega ratio: Gain probability vs. loss probability	0.81	1.51	-0.70
Calmar ratio: Return relative to maximum drawdown	-0.69	4.45	-5.14
Martin ratio: Return relative to average drawdown	-2.07	16.07	-18.14
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

IDX vs. DVYA - Sharpe Ratio Comparison

The current IDX Sharpe Ratio is -1.08, which is lower than the DVYA Sharpe Ratio of 2.96. The chart below compares the historical Sharpe Ratios of IDX and DVYA, 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

	IDX	DVYA	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-1.08	2.96	-4.04
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.45	0.66	-1.11
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	-0.18	0.41	-0.59
Sharpe Ratio (All Time) Calculated using the full available price history	0.14	0.30	-0.17

Drawdowns

IDX vs. DVYA - Drawdown Comparison

The maximum IDX drawdown since its inception was -63.14%, which is greater than DVYA's maximum drawdown of -45.61%. Use the drawdown chart below to compare losses from any high point for IDX and DVYA.

Drawdown Indicators

	IDX	DVYA	Difference
Max Drawdown Largest peak-to-trough decline	-63.14%	-45.61%	-17.53%
Max Drawdown (1Y) Largest decline over 1 year	-39.41%	-8.64%	-30.77%
Max Drawdown (3Y) Largest decline over 3 years	-41.82%	-19.15%	-22.67%
Max Drawdown (5Y) Largest decline over 5 years	-46.77%	-25.37%	-21.40%
Max Drawdown (10Y) Largest decline over 10 years	-59.11%	-45.61%	-13.50%
Current Drawdown Current decline from peak	-57.11%	-3.33%	-53.78%
Average Drawdown Average peak-to-trough decline	-24.83%	-10.06%	-14.77%
Ulcer Index Depth and duration of drawdowns from previous peaks	13.07%	2.39%	+10.68%

Volatility

IDX vs. DVYA - Volatility Comparison

VanEck Vectors Indonesia Index ETF (IDX) has a higher volatility of 8.31% compared to iShares Asia/Pacific Dividend ETF (DVYA) at 3.87%. This indicates that IDX's price experiences larger fluctuations and is considered to be riskier than DVYA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IDX	DVYA	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.31%	3.87%	+4.44%
Volatility (6M) Calculated over the trailing 6-month period	22.03%	10.43%	+11.60%
Volatility (1Y) Calculated over the trailing 1-year period	25.08%	13.00%	+12.08%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.43%	15.08%	+5.35%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.31%	17.55%	+6.76%

IDX vs. DVYA - Expense Ratio Comparison

IDX has a 0.57% expense ratio, which is higher than DVYA's 0.49% expense ratio.

Dividends

IDX vs. DVYA - Dividend Comparison

IDX's dividend yield for the trailing twelve months is around 3.29%, less than DVYA's 4.34% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DVYA iShares Asia/Pacific Dividend ETF	4.34%	4.71%	5.97%	6.48%	7.29%	5.81%	3.66%	5.52%	6.24%	4.74%	4.79%	5.33%
IDX VanEck Vectors Indonesia Index ETF	3.29%	2.08%	4.01%	3.62%	3.64%	1.08%	1.66%	2.21%	2.19%	1.85%	1.16%	2.43%

Frequently Asked Questions

Can I hold both IDX and DVYA in my portfolio?

IDX and DVYA have a correlation of 0.42, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, IDX or DVYA?

IDX has higher volatility (8.31%) compared to DVYA (3.87%). In terms of maximum drawdown, IDX dropped -63.14% vs DVYA's -45.61%.

Which ETF is better, IDX or DVYA?

On 10-year performance, DVYA leads with 7.20% vs -4.45% for IDX. On fees, DVYA is cheaper at 0.49% per year. On volatility, DVYA has been the lower-risk option at 3.87%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, IDX or DVYA?

Over the 10-year period, DVYA has performed better with a 7.20% return vs -4.45%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, IDX or DVYA?

DVYA is cheaper with a 0.49% expense ratio, compared with 0.57% for IDX.

Which ETF pays a higher dividend yield, IDX or DVYA?

DVYA has the higher dividend yield at 4.34%, compared with 3.29% for IDX.

What is the main difference between IDX and DVYA?

IDX tracks MVIS Indonesia Index, while DVYA tracks Dow Jones Asia/Pacific Select Dividend 30 Index. They also come from different issuers: VanEck and iShares. Their fees differ too: 0.57% for IDX and 0.49% for DVYA.

Which has better risk-adjusted returns?

DVYA currently has the higher Sharpe Ratio (2.96 vs -1.08), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.