VA.TO vs. 4GLD.DE
VA.TO (Vanguard FTSE Developed Asia Pacific All Cap Index ETF) and 4GLD.DE (Xetra-Gold) are both exchange-traded funds - VA.TO is a Asia Pacific Equities fund tracking the FTSE Developed Asia Pacific All Cap Index, while 4GLD.DE is a Gold fund tracking the LBMA Gold Price. Both are passively managed. Over the past 10 years, VA.TO returned 11.51%/yr vs 13.60%/yr for 4GLD.DE. At a 0.01 correlation, their price movements are largely independent. VA.TO charges 0.22%/yr vs 0.00%/yr for 4GLD.DE.
Performance
VA.TO vs. 4GLD.DE - Performance Comparison
Loading charts...
Different Trading Currencies
VA.TO is traded in CAD, while 4GLD.DE is traded in EUR. To make them comparable, the 4GLD.DE values have been converted to CAD using the latest available exchange rates.
Returns By Period
In the year-to-date period, VA.TO achieves a 29.12% return, which is significantly higher than 4GLD.DE's -2.13% return. Over the past 10 years, VA.TO has underperformed 4GLD.DE with an annualized return of 11.51%, while 4GLD.DE has yielded a comparatively higher 13.60% annualized return.
VA.TO
- 1D
- 0.34%
- 1M
- 2.30%
- YTD
- 29.12%
- 6M
- 29.94%
- 1Y
- 52.99%
- 3Y*
- 22.49%
- 5Y*
- 12.79%
- 10Y*
- 11.51%
4GLD.DE
- 1D
- 3.01%
- 1M
- -5.59%
- YTD
- -2.13%
- 6M
- -0.66%
- 1Y
- 26.74%
- 3Y*
- 31.36%
- 5Y*
- 20.99%
- 10Y*
- 13.60%
VA.TO vs. 4GLD.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
VA.TO Vanguard FTSE Developed Asia Pacific All Cap Index ETF | 29.12% | 26.08% | 10.31% | 12.16% | -9.26% | 0.89% | 13.72% | 11.68% | -7.50% | 21.44% |
4GLD.DE Xetra-Gold | -2.13% | 60.19% | 38.14% | 10.10% | 7.06% | -3.11% | 20.12% | 14.01% | 6.65% | 4.64% |
Correlation
The correlation between VA.TO and 4GLD.DE is 0.23, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.23 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.18 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.15 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.04 |
Correlation (All Time) Calculated using the full available price history since Jul 9, 2014 | 0.01 |
Over the past year, VA.TO and 4GLD.DE have become more correlated (0.23) than their long-term average of 0.01, meaning their price movements have been converging.
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
VA.TO vs. 4GLD.DE — Risk / Return Rank
VA.TO
4GLD.DE
VA.TO vs. 4GLD.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard FTSE Developed Asia Pacific All Cap Index ETF (VA.TO) and Xetra-Gold (4GLD.DE). 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.
| VA.TO | 4GLD.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.39 | ||
| Sortino ratioReturn per unit of downside risk | +1.69 | ||
| Omega ratioGain probability vs. loss probability | 1.46 | 1.21 | +0.26 |
| Calmar ratioReturn relative to maximum drawdown | 4.26 | 1.29 | +2.97 |
| Martin ratioReturn relative to average drawdown | 16.07 | 3.83 | +12.24 |
Loading charts...
Drawdowns
VA.TO vs. 4GLD.DE - Drawdown Comparison
The maximum VA.TO drawdown since its inception was -25.81%, smaller than the maximum 4GLD.DE drawdown of -32.10%. Use the drawdown chart below to compare losses from any high point for VA.TO and 4GLD.DE.
Loading charts...
Drawdown Indicators
| VA.TO | 4GLD.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -25.81% | -32.10% | +6.29% |
Max Drawdown (1Y)Largest decline over 1 year | -12.09% | -20.90% | +8.81% |
Max Drawdown (3Y)Largest decline over 3 years | -13.99% | -20.90% | +6.91% |
Max Drawdown (5Y)Largest decline over 5 years | -24.73% | -20.90% | -3.83% |
Max Drawdown (10Y)Largest decline over 10 years | -25.81% | -22.44% | -3.37% |
Current DrawdownCurrent decline from peak | -2.21% | -18.51% | +16.30% |
Average DrawdownAverage peak-to-trough decline | -5.53% | -10.84% | +5.31% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.20% | 7.06% | -3.86% |
Volatility
VA.TO vs. 4GLD.DE - Volatility Comparison
Vanguard FTSE Developed Asia Pacific All Cap Index ETF (VA.TO) has a higher volatility of 9.68% compared to Xetra-Gold (4GLD.DE) at 7.68%. This indicates that VA.TO's price experiences larger fluctuations and is considered to be riskier than 4GLD.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| VA.TO | 4GLD.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.68% | 7.68% | +2.00% |
Volatility (6M)Calculated over the trailing 6-month period | 18.49% | 21.65% | -3.16% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.76% | 24.90% | -4.14% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.24% | 18.45% | -3.21% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.36% | 16.88% | -1.52% |
VA.TO vs. 4GLD.DE - Expense Ratio Comparison
VA.TO has a 0.22% expense ratio, which is higher than 4GLD.DE's 0.00% 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
VA.TO vs. 4GLD.DE - Dividend Comparison
VA.TO's dividend yield for the trailing twelve months is around 1.68%, while 4GLD.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
4GLD.DE Xetra-Gold | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VA.TO Vanguard FTSE Developed Asia Pacific All Cap Index ETF | 1.68% | 2.17% | 2.31% | 2.57% | 3.10% | 2.35% | 2.14% | 2.55% | 2.89% | 1.71% | 1.63% | 1.93% |
Frequently Asked Questions
VA.TO and 4GLD.DE have a correlation of 0.23, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, 4GLD.DE is cheaper at 0.00% per year. The better choice depends on whether you care most about return, fees, risk, or income.
4GLD.DE is cheaper with a 0.00% expense ratio, compared with 0.22% for VA.TO.
VA.TO is categorized as Asia Pacific Equities, while 4GLD.DE is Gold. VA.TO tracks FTSE Developed Asia Pacific All Cap Index, while 4GLD.DE tracks LBMA Gold Price. They also come from different issuers: Vanguard and Deutsche Börse Commodities. Their fees differ too: 0.22% for VA.TO and 0.00% for 4GLD.DE.
Find the right allocation for VA.TO and 4GLD.DE
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