LQDA.L vs. VDPG.L
LQDA.L (iShares USD Corporate Bond UCITS ETF (Acc)) and VDPG.L (Vanguard FTSE Developed Asia Pacific ex Japan UCITS ETF Acc) are both exchange-traded funds - LQDA.L is a Corporate Bonds fund tracking the Bloomberg US Corp Bond TR USD, while VDPG.L is a Asia Pacific Equities fund tracking the MSCI AC Asia Pac Ex JPN NR USD. Both are passively managed. Over the past 5 years, LQDA.L returned -0.01%/yr vs 12.52%/yr for VDPG.L. At a 0.23 correlation, their price movements are largely independent. LQDA.L charges 0.20%/yr vs 0.15%/yr for VDPG.L.
Performance
LQDA.L vs. VDPG.L - Performance Comparison
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Different Trading Currencies
LQDA.L is traded in USD, while VDPG.L is traded in GBP. To make them comparable, the VDPG.L values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, LQDA.L achieves a 0.02% return, which is significantly lower than VDPG.L's 53.40% return.
LQDA.L
- 1D
- 0.38%
- 1M
- 0.35%
- YTD
- 0.02%
- 6M
- 0.29%
- 1Y
- 5.53%
- 3Y*
- 5.02%
- 5Y*
- -0.01%
- 10Y*
- —
VDPG.L
- 1D
- -1.09%
- 1M
- 14.05%
- YTD
- 53.40%
- 6M
- 60.71%
- 1Y
- 89.22%
- 3Y*
- 29.63%
- 5Y*
- 12.52%
- 10Y*
- —
LQDA.L vs. VDPG.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
LQDA.L iShares USD Corporate Bond UCITS ETF (Acc) | 0.02% | 8.01% | 1.25% | 8.99% | -17.75% | -1.66% | 10.56% | 2.06% |
VDPG.L Vanguard FTSE Developed Asia Pacific ex Japan UCITS ETF Acc | 53.40% | 40.43% | -4.66% | 9.58% | -12.38% | 1.02% | 19.10% | 8.68% |
Correlation
The correlation between LQDA.L and VDPG.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 | 0.32 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.26 |
Correlation (All Time) Calculated using the full available price history since Sep 27, 2019 | 0.23 |
The correlation between LQDA.L and VDPG.L shifts across timeframes, from 0.23 (all time) to 0.39 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
LQDA.L vs. VDPG.L — Risk / Return Rank
LQDA.L
VDPG.L
LQDA.L vs. VDPG.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares USD Corporate Bond UCITS ETF (Acc) (LQDA.L) and Vanguard FTSE Developed Asia Pacific ex Japan UCITS ETF Acc (VDPG.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.
| LQDA.L | VDPG.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -3.10 | ||
| Sortino ratioReturn per unit of downside risk | -3.44 | ||
| Omega ratioGain probability vs. loss probability | 1.18 | 1.70 | -0.53 |
| Calmar ratioReturn relative to maximum drawdown | 1.66 | 6.01 | -4.35 |
| Martin ratioReturn relative to average drawdown | 4.58 | 23.69 | -19.11 |
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
| LQDA.L | VDPG.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.98 | 4.07 | -3.10 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.00 | 0.66 | -0.67 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.28 | 0.73 | -0.45 |
Drawdowns
LQDA.L vs. VDPG.L - Drawdown Comparison
The maximum LQDA.L drawdown since its inception was -25.10%, smaller than the maximum VDPG.L drawdown of -38.09%. Use the drawdown chart below to compare losses from any high point for LQDA.L and VDPG.L.
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Drawdown Indicators
| LQDA.L | VDPG.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -25.10% | -38.09% | +12.99% |
Max Drawdown (1Y)Largest decline over 1 year | -3.32% | -15.14% | +11.82% |
Max Drawdown (3Y)Largest decline over 3 years | -7.86% | -19.89% | +12.03% |
Max Drawdown (5Y)Largest decline over 5 years | -25.10% | -32.15% | +7.05% |
Current DrawdownCurrent decline from peak | -3.58% | -1.09% | -2.49% |
Average DrawdownAverage peak-to-trough decline | -6.81% | -10.80% | +3.99% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.20% | 3.85% | -2.65% |
Volatility
LQDA.L vs. VDPG.L - Volatility Comparison
The current volatility for iShares USD Corporate Bond UCITS ETF (Acc) (LQDA.L) is 2.23%, while Vanguard FTSE Developed Asia Pacific ex Japan UCITS ETF Acc (VDPG.L) has a volatility of 11.07%. This indicates that LQDA.L experiences smaller price fluctuations and is considered to be less risky than VDPG.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| LQDA.L | VDPG.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.23% | 11.07% | -8.84% |
Volatility (6M)Calculated over the trailing 6-month period | 4.27% | 19.70% | -15.43% |
Volatility (1Y)Calculated over the trailing 1-year period | 5.67% | 22.33% | -16.66% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 8.47% | 18.84% | -10.37% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 9.11% | 20.97% | -11.86% |
LQDA.L vs. VDPG.L - Expense Ratio Comparison
LQDA.L has a 0.20% expense ratio, which is higher than VDPG.L's 0.15% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
LQDA.L vs. VDPG.L - Dividend Comparison
Neither LQDA.L nor VDPG.L has paid dividends to shareholders.
Frequently Asked Questions
LQDA.L and VDPG.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.
On fees, VDPG.L is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.
VDPG.L is cheaper with a 0.15% expense ratio, compared with 0.20% for LQDA.L.
LQDA.L is categorized as Corporate Bonds, while VDPG.L is Asia Pacific Equities. LQDA.L tracks Bloomberg US Corp Bond TR USD, while VDPG.L tracks MSCI AC Asia Pac Ex JPN NR USD. They also come from different issuers: iShares and Vanguard. Their fees differ too: 0.20% for LQDA.L and 0.15% for VDPG.L.
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