V3PA.DE vs. FWRG.L
V3PA.DE (Vanguard ESG Developed Asia Pacific All Cap UCITS ETF (USD) Accumulating) and FWRG.L (Invesco FTSE All-World UCITS ETF Acc) are both exchange-traded funds - V3PA.DE is a Asia Pacific Equities fund tracking the FTSE Developed Asia Pacific All Cap Choice, while FWRG.L is a Global Equities fund tracking the FTSE All-World Index. Both are passively managed. Over the past year, V3PA.DE returned 50.48% vs 25.92% for FWRG.L. A 0.51 correlation means they provide meaningful diversification when combined. V3PA.DE charges 0.17%/yr vs 0.15%/yr for FWRG.L.
Performance
V3PA.DE vs. FWRG.L - Performance Comparison
Loading charts...
Different Trading Currencies
V3PA.DE is traded in EUR, while FWRG.L is traded in USD. To make them comparable, the FWRG.L values have been converted to EUR using the latest available exchange rates.
Returns By Period
In the year-to-date period, V3PA.DE achieves a 31.55% return, which is significantly higher than FWRG.L's 12.42% return.
V3PA.DE
- 1D
- -1.34%
- 1M
- 5.87%
- YTD
- 31.55%
- 6M
- 33.90%
- 1Y
- 50.48%
- 3Y*
- 19.30%
- 5Y*
- —
- 10Y*
- —
FWRG.L
- 1D
- -0.35%
- 1M
- 4.69%
- YTD
- 12.42%
- 6M
- 11.60%
- 1Y
- 25.92%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
V3PA.DE vs. FWRG.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
V3PA.DE Vanguard ESG Developed Asia Pacific All Cap UCITS ETF (USD) Accumulating | 31.55% | 16.47% | 7.66% | 6.33% |
FWRG.L Invesco FTSE All-World UCITS ETF Acc | 12.42% | 0.33% | 28.03% | 8,428.76% |
Correlation
The correlation between V3PA.DE and FWRG.L is 0.50, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.50 |
Correlation (All Time) Calculated using the full available price history since Jun 26, 2023 | 0.51 |
The correlation between V3PA.DE and FWRG.L has been stable across timeframes, ranging from 0.50 to 0.51 - a consistent structural relationship.
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
V3PA.DE vs. FWRG.L — Risk / Return Rank
V3PA.DE
FWRG.L
V3PA.DE vs. FWRG.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard ESG Developed Asia Pacific All Cap UCITS ETF (USD) Accumulating (V3PA.DE) and Invesco FTSE All-World UCITS ETF Acc (FWRG.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.
| V3PA.DE | FWRG.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.73 | ||
| Sortino ratioReturn per unit of downside risk | +1.01 | ||
| Omega ratioGain probability vs. loss probability | 1.52 | 1.37 | +0.15 |
| Calmar ratioReturn relative to maximum drawdown | 4.43 | 4.47 | -0.04 |
| Martin ratioReturn relative to average drawdown | 16.46 | 11.92 | +4.54 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| V3PA.DE | FWRG.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.80 | 2.07 | +0.73 |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.25 | 0.09 | +1.16 |
Drawdowns
V3PA.DE vs. FWRG.L - Drawdown Comparison
The maximum V3PA.DE drawdown since its inception was -17.58%, smaller than the maximum FWRG.L drawdown of -24.31%. Use the drawdown chart below to compare losses from any high point for V3PA.DE and FWRG.L.
Loading charts...
Drawdown Indicators
| V3PA.DE | FWRG.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -17.58% | -24.31% | +6.73% |
Max Drawdown (1Y)Largest decline over 1 year | -11.44% | -5.77% | -5.67% |
Max Drawdown (3Y)Largest decline over 3 years | -17.58% | — | — |
Current DrawdownCurrent decline from peak | -1.83% | -0.97% | -0.86% |
Average DrawdownAverage peak-to-trough decline | -2.80% | -4.96% | +2.16% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.08% | 2.17% | +0.91% |
Volatility
V3PA.DE vs. FWRG.L - Volatility Comparison
Vanguard ESG Developed Asia Pacific All Cap UCITS ETF (USD) Accumulating (V3PA.DE) has a higher volatility of 6.33% compared to Invesco FTSE All-World UCITS ETF Acc (FWRG.L) at 2.99%. This indicates that V3PA.DE's price experiences larger fluctuations and is considered to be riskier than FWRG.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| V3PA.DE | FWRG.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.33% | 2.99% | +3.34% |
Volatility (6M)Calculated over the trailing 6-month period | 15.56% | 8.60% | +6.96% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.10% | 12.48% | +5.62% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.34% | 4,506.39% | -4,491.05% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.34% | 4,506.39% | -4,491.05% |
V3PA.DE vs. FWRG.L - Expense Ratio Comparison
V3PA.DE has a 0.17% expense ratio, which is higher than FWRG.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
V3PA.DE vs. FWRG.L - Dividend Comparison
Neither V3PA.DE nor FWRG.L has paid dividends to shareholders.
Frequently Asked Questions
V3PA.DE and FWRG.L have a correlation of 0.50, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, FWRG.L is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.
FWRG.L is cheaper with a 0.15% expense ratio, compared with 0.17% for V3PA.DE.
V3PA.DE is categorized as Asia Pacific Equities, while FWRG.L is Global Equities. V3PA.DE tracks FTSE Developed Asia Pacific All Cap Choice, while FWRG.L tracks FTSE All-World Index. They also come from different issuers: Vanguard and Invesco. Their fees differ too: 0.17% for V3PA.DE and 0.15% for FWRG.L.
Find the right allocation for V3PA.DE and FWRG.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