PADV.L vs. IDTW.L
PADV.L (SPDR S&P Pan Asia Dividend Aristocrats UCITS) and IDTW.L (iShares MSCI Taiwan UCITS ETF USD (Dist)) are both exchange-traded funds - PADV.L is a Asia Pacific Equities fund tracking the MSCI AC Asia Pacific NR USD, while IDTW.L is a Technology Equities fund tracking the MSCI Taiwan 20/35 Index (Net) (USD). Both are passively managed. Over the past 10 years, PADV.L returned 6.31%/yr vs 19.60%/yr for IDTW.L. A 0.61 correlation means they provide meaningful diversification when combined. PADV.L charges 0.55%/yr vs 0.74%/yr for IDTW.L.
Performance
PADV.L vs. IDTW.L - Performance Comparison
Loading charts...
Different Trading Currencies
PADV.L is traded in GBP, while IDTW.L is traded in USD. To make them comparable, the IDTW.L values have been converted to GBP using the latest available exchange rates.
Returns By Period
In the year-to-date period, PADV.L achieves a 5.99% return, which is significantly lower than IDTW.L's 51.98% return. Over the past 10 years, PADV.L has underperformed IDTW.L with an annualized return of 6.31%, while IDTW.L has yielded a comparatively higher 19.60% annualized return.
PADV.L
- 1D
- 0.41%
- 1M
- 0.67%
- 6M
- 2.67%
- YTD
- 5.99%
- 1Y
- 12.63%
- 3Y*
- 10.27%
- 5Y*
- 5.66%
- 10Y*
- 6.31%
IDTW.L
- 1D
- -3.83%
- 1M
- -11.68%
- 6M
- 41.89%
- YTD
- 51.98%
- 1Y
- 72.88%
- 3Y*
- 36.25%
- 5Y*
- 19.38%
- 10Y*
- 19.60%
PADV.L vs. IDTW.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PADV.L SPDR S&P Pan Asia Dividend Aristocrats UCITS | 5.99% | 14.60% | 6.60% | 9.21% | -5.68% | 3.94% | -3.24% | 16.77% | -3.73% | 18.24% |
IDTW.L iShares MSCI Taiwan UCITS ETF USD (Dist) | 51.98% | 22.39% | 25.77% | 22.40% | -21.17% | 29.73% | 30.40% | 29.33% | -3.73% | 16.98% |
Correlation
The correlation between PADV.L and IDTW.L is 0.26, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.26 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.40 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.45 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.58 |
Correlation (All Time) Calculated using the full available price history since May 14, 2013 | 0.61 |
Over the past year, the correlation between PADV.L and IDTW.L has dropped to 0.26 - well below their long-term average of 0.61, suggesting their price drivers have been diverging.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
PADV.L vs. IDTW.L — Risk / Return Rank
PADV.L
IDTW.L
PADV.L vs. IDTW.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR S&P Pan Asia Dividend Aristocrats UCITS (PADV.L) and iShares MSCI Taiwan UCITS ETF USD (Dist) (IDTW.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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| PADV.L | IDTW.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.57 | ||
| Sortino ratioReturn per unit of downside risk | -1.73 | ||
| Omega ratioGain probability vs. loss probability | 1.20 | 1.44 | -0.24 |
| Calmar ratioReturn relative to maximum drawdown | 1.79 | 4.61 | -2.82 |
| Martin ratioReturn relative to average drawdown | 4.05 | 17.16 | -13.12 |
Loading charts...
Drawdowns
PADV.L vs. IDTW.L - Drawdown Comparison
The maximum PADV.L drawdown since its inception was -45.35%, roughly equal to the maximum IDTW.L drawdown of -47.00%. Use the drawdown chart below to compare losses from any high point for PADV.L and IDTW.L.
Loading charts...
Drawdown Indicators
| PADV.L | IDTW.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -45.35% | -47.00% | +1.65% |
Max Drawdown (1Y)Largest decline over 1 year | -7.01% | -15.73% | +8.72% |
Max Drawdown (3Y)Largest decline over 3 years | -10.60% | -29.91% | +19.31% |
Max Drawdown (5Y)Largest decline over 5 years | -19.89% | -30.18% | +10.29% |
Max Drawdown (10Y)Largest decline over 10 years | -24.92% | -30.18% | +5.26% |
Current DrawdownCurrent decline from peak | -2.68% | -15.73% | +13.05% |
Average DrawdownAverage peak-to-trough decline | -13.08% | -9.11% | -3.97% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.11% | 4.23% | -1.12% |
Volatility
PADV.L vs. IDTW.L - Volatility Comparison
The current volatility for SPDR S&P Pan Asia Dividend Aristocrats UCITS (PADV.L) is 2.52%, while iShares MSCI Taiwan UCITS ETF USD (Dist) (IDTW.L) has a volatility of 11.44%. This indicates that PADV.L experiences smaller price fluctuations and is considered to be less risky than IDTW.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| PADV.L | IDTW.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.52% | 11.44% | -8.92% |
Volatility (6M)Calculated over the trailing 6-month period | 8.27% | 23.56% | -15.29% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.33% | 27.04% | -15.71% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.86% | 22.51% | -9.65% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.05% | 21.79% | -7.74% |
PADV.L vs. IDTW.L - Expense Ratio Comparison
PADV.L has a 0.55% expense ratio, which is lower than IDTW.L's 0.74% expense ratio.
Dividends
PADV.L vs. IDTW.L - Dividend Comparison
PADV.L's dividend yield for the trailing twelve months is around 2.83%, more than IDTW.L's 0.99% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IDTW.L iShares MSCI Taiwan UCITS ETF USD (Dist) | 0.99% | 1.51% | 1.43% | 2.09% | 3.39% | 1.35% | 1.73% | 2.15% | 2.78% | 2.70% | 3.10% | 3.33% |
PADV.L SPDR S&P Pan Asia Dividend Aristocrats UCITS | 2.83% | 2.96% | 3.06% | 2.94% | 3.44% | 2.90% | 2.96% | 2.79% | 2.38% | 1.76% | 2.14% | 3.13% |
Frequently Asked Questions
PADV.L and IDTW.L have a correlation of 0.26, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, PADV.L is cheaper at 0.55% per year. The better choice depends on whether you care most about return, fees, risk, or income.
PADV.L is cheaper with a 0.55% expense ratio, compared with 0.74% for IDTW.L.
PADV.L is categorized as Asia Pacific Equities, while IDTW.L is Technology Equities. PADV.L tracks MSCI AC Asia Pacific NR USD, while IDTW.L tracks MSCI Taiwan 20/35 Index (Net) (USD). They also come from different issuers: State Street and iShares. Their fees differ too: 0.55% for PADV.L and 0.74% for IDTW.L.
Find the right allocation for PADV.L and IDTW.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