VAPX.AS vs. BP.L

Last updated Jun 5, 2026

VAPX.AS (Vanguard FTSE Developed Asia Pacific ex Japan UCITS ETF) is Asia Pacific Equities fund tracking the MSCI AC Asia Pac Ex JPN NR USD, while BP.L (BP plc) is a stock. Over the past 10 years, VAPX.AS returned 11.61%/yr vs 9.05%/yr for BP.L. At a 0.42 correlation, their price movements are largely independent.

Performance

VAPX.AS vs. BP.L - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Vanguard FTSE Developed Asia Pacific ex Japan UCITS ETF (VAPX.AS) and BP plc (BP.L). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

VAPX.AS is traded in EUR, while BP.L is traded in GBp. To make them comparable, the BP.L values have been converted to EUR using the latest available exchange rates.

Returns By Period

In the year-to-date period, VAPX.AS achieves a 50.19% return, which is significantly higher than BP.L's 30.15% return. Over the past 10 years, VAPX.AS has outperformed BP.L with an annualized return of 11.61%, while BP.L has yielded a comparatively lower 9.05% annualized return.

VAPX.AS

• 1D: -3.34%
• 1M: 10.58%
• YTD: 50.19%
• 6M: 55.62%
• 1Y: 79.45%
• 3Y*: 24.50%
• 5Y*: 12.51%
• 10Y*: 11.61%

BP.L

• 1D: -0.24%
• 1M: -3.96%
• YTD: 30.15%
• 6M: 21.28%
• 1Y: 56.02%
• 3Y*: 10.40%
• 5Y*: 16.79%
• 10Y*: 9.05%

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

VAPX.AS vs. BP.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
VAPX.AS Vanguard FTSE Developed Asia Pacific ex Japan UCITS ETF	50.19%	24.27%	0.59%	6.01%	-7.19%	8.72%	8.76%	18.36%	-10.39%	15.47%
BP.L BP plc	30.15%	10.59%	-6.73%	4.82%	42.33%	45.21%	-44.85%	7.53%	-0.79%	5.22%

Correlation

The correlation between VAPX.AS and BP.L is -0.06, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.06
Correlation (3Y) Calculated over the trailing 3-year period	0.18
Correlation (5Y) Calculated over the trailing 5-year period	0.28
Correlation (10Y) Calculated over the trailing 10-year period	0.38
Correlation (All Time) Calculated using the full available price history since Jun 6, 2013	0.42

The correlation between VAPX.AS and BP.L shifts across timeframes, from -0.06 (1 year) to 0.42 (all time), reflecting how their relationship changes across market environments.

Return for Risk

VAPX.AS vs. BP.L — Risk / Return Rank

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

VAPX.AS

VAPX.AS Risk / Return Rank: 93
VAPX.AS Sharpe Ratio Rank: 95
VAPX.AS Sortino Ratio Rank: 93
VAPX.AS Omega Ratio Rank: 94
VAPX.AS Calmar Ratio Rank: 92
VAPX.AS Martin Ratio Rank: 93

BP.L

BP.L Risk / Return Rank: 87
BP.L Sharpe Ratio Rank: 89
BP.L Sortino Ratio Rank: 83
BP.L Omega Ratio Rank: 85
BP.L Calmar Ratio Rank: 89
BP.L Martin Ratio Rank: 90

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.

VAPX.AS vs. BP.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard FTSE Developed Asia Pacific ex Japan UCITS ETF (VAPX.AS) and BP plc (BP.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.

	VAPX.AS	BP.L	Difference
Sharpe ratio: Return per unit of total volatility	3.69	1.94	+1.75
Sortino ratio: Return per unit of downside risk	4.53	2.38	+2.15
Omega ratio: Gain probability vs. loss probability	1.67	1.33	+0.34
Calmar ratio: Return relative to maximum drawdown	6.04	4.18	+1.86
Martin ratio: Return relative to average drawdown	23.49	12.06	+11.42
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

VAPX.AS vs. BP.L - Sharpe Ratio Comparison

The current VAPX.AS Sharpe Ratio is 3.69, which is higher than the BP.L Sharpe Ratio of 1.94. The chart below compares the historical Sharpe Ratios of VAPX.AS and BP.L, 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

	VAPX.AS	BP.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.69	1.94	+1.75
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.74	0.57	+0.17
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.64	0.29	+0.36
Sharpe Ratio (All Time) Calculated using the full available price history	0.54	0.16	+0.37

Drawdowns

VAPX.AS vs. BP.L - Drawdown Comparison

The maximum VAPX.AS drawdown since its inception was -36.99%, smaller than the maximum BP.L drawdown of -64.64%. Use the drawdown chart below to compare losses from any high point for VAPX.AS and BP.L.

Drawdown Indicators

	VAPX.AS	BP.L	Difference
Max Drawdown Largest peak-to-trough decline	-36.99%	-64.64%	+27.65%
Max Drawdown (1Y) Largest decline over 1 year	-12.96%	-13.34%	+0.38%
Max Drawdown (3Y) Largest decline over 3 years	-19.68%	-35.98%	+16.30%
Max Drawdown (5Y) Largest decline over 5 years	-19.68%	-35.98%	+16.30%
Max Drawdown (10Y) Largest decline over 10 years	-36.99%	-64.64%	+27.65%
Current Drawdown Current decline from peak	-3.68%	-8.18%	+4.50%
Average Drawdown Average peak-to-trough decline	-6.58%	-19.02%	+12.44%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.35%	4.63%	-1.28%

Volatility

VAPX.AS vs. BP.L - Volatility Comparison

Vanguard FTSE Developed Asia Pacific ex Japan UCITS ETF (VAPX.AS) has a higher volatility of 10.60% compared to BP plc (BP.L) at 9.32%. This indicates that VAPX.AS's price experiences larger fluctuations and is considered to be riskier than BP.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	VAPX.AS	BP.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.60%	9.32%	+1.28%
Volatility (6M) Calculated over the trailing 6-month period	18.88%	24.71%	-5.83%
Volatility (1Y) Calculated over the trailing 1-year period	21.20%	28.84%	-7.64%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.69%	29.43%	-12.74%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.80%	31.66%	-13.86%

Dividends

VAPX.AS vs. BP.L - Dividend Comparison

VAPX.AS's dividend yield for the trailing twelve months is around 1.55%, less than BP.L's 4.56% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BP.L BP plc	4.56%	5.71%	6.04%	4.79%	3.92%	4.70%	9.60%	6.78%	6.16%	5.93%	5.77%	7.45%
VAPX.AS Vanguard FTSE Developed Asia Pacific ex Japan UCITS ETF	1.55%	2.41%	3.16%	3.28%	4.23%	2.95%	1.80%	2.96%	3.03%	2.78%	2.57%	3.20%

Frequently Asked Questions

Can I hold both VAPX.AS and BP.L in my portfolio?

VAPX.AS and BP.L have a correlation of -0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.