VAPX.AS vs. V3PA.DE

Last updated Apr 2, 2026

Compare and contrast key facts about Vanguard FTSE Developed Asia Pacific ex Japan UCITS ETF (VAPX.AS) and Vanguard ESG Developed Asia Pacific All Cap UCITS ETF (USD) Accumulating (V3PA.DE).

VAPX.AS and V3PA.DE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. VAPX.AS is a passively managed fund by Vanguard that tracks the performance of the MSCI AC Asia Pac Ex JPN NR USD. It was launched on May 21, 2013. V3PA.DE is a passively managed fund by Vanguard that tracks the performance of the FTSE Developed Asia Pacific All Cap Choice. It was launched on Oct 11, 2022. Both VAPX.AS and V3PA.DE are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

VAPX.AS vs. V3PA.DE - 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 Vanguard ESG Developed Asia Pacific All Cap UCITS ETF (USD) Accumulating (V3PA.DE). The values are adjusted to include any dividend payments, if applicable.

VAPX.AS vs. V3PA.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
VAPX.AS Vanguard FTSE Developed Asia Pacific ex Japan UCITS ETF	16.65%	24.27%	0.59%	6.01%	6.47%
V3PA.DE Vanguard ESG Developed Asia Pacific All Cap UCITS ETF (USD) Accumulating	9.52%	16.47%	7.66%	10.91%	3.89%

Returns By Period

In the year-to-date period, VAPX.AS achieves a 16.65% return, which is significantly higher than V3PA.DE's 9.52% return.

VAPX.AS

• 1D: 4.98%
• 1M: -7.04%
• YTD: 16.65%
• 6M: 26.38%
• 1Y: 46.19%
• 3Y*: 15.09%
• 5Y*: 7.41%
• 10Y*: 9.12%

V3PA.DE

• 1D: 4.23%
• 1M: -5.28%
• YTD: 9.52%
• 6M: 15.79%
• 1Y: 29.87%
• 3Y*: 13.77%
• 5Y*: —
• 10Y*: —

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

VAPX.AS vs. V3PA.DE - Expense Ratio Comparison

VAPX.AS has a 0.15% expense ratio, which is lower than V3PA.DE's 0.17% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

V3PA.DE

Vanguard ESG Developed Asia Pacific All Cap UCITS ETF (USD) Accumulating

VAPX.AS

Vanguard FTSE Developed Asia Pacific ex Japan UCITS ETF

Return for Risk

VAPX.AS vs. V3PA.DE — 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: 95
VAPX.AS Sharpe Ratio Rank: 93
VAPX.AS Sortino Ratio Rank: 93
VAPX.AS Omega Ratio Rank: 94
VAPX.AS Calmar Ratio Rank: 96
VAPX.AS Martin Ratio Rank: 97

V3PA.DE

V3PA.DE Risk / Return Rank: 82
V3PA.DE Sharpe Ratio Rank: 81
V3PA.DE Sortino Ratio Rank: 80
V3PA.DE Omega Ratio Rank: 80
V3PA.DE Calmar Ratio Rank: 84
V3PA.DE Martin Ratio Rank: 84

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. V3PA.DE - 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 Vanguard ESG Developed Asia Pacific All Cap UCITS ETF (USD) Accumulating (V3PA.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.

	VAPX.AS	V3PA.DE	Difference
Sharpe ratio Return per unit of total volatility	2.28	1.63	+0.65
Sortino ratio Return per unit of downside risk	2.88	2.16	+0.71
Omega ratio Gain probability vs. loss probability	1.45	1.32	+0.12
Calmar ratio Return relative to maximum drawdown	4.80	2.70	+2.10
Martin ratio Return relative to average drawdown	19.98	10.47	+9.51
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. V3PA.DE - Sharpe Ratio Comparison

The current VAPX.AS Sharpe Ratio is 2.28, which is higher than the V3PA.DE Sharpe Ratio of 1.63. The chart below compares the historical Sharpe Ratios of VAPX.AS and V3PA.DE, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	VAPX.AS	V3PA.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.28	1.63	+0.65
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.46	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.52	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.43	0.95	-0.52

Correlation

The correlation between VAPX.AS and V3PA.DE is 0.77, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

VAPX.AS vs. V3PA.DE - Dividend Comparison

VAPX.AS's dividend yield for the trailing twelve months is around 1.99%, while V3PA.DE has not paid dividends to shareholders.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
VAPX.AS Vanguard FTSE Developed Asia Pacific ex Japan UCITS ETF	1.99%	2.41%	3.16%	3.28%	4.23%	2.95%	1.80%	2.96%	3.03%	2.78%	2.57%	3.20%
V3PA.DE Vanguard ESG Developed Asia Pacific All Cap UCITS ETF (USD) Accumulating	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

VAPX.AS vs. V3PA.DE - Drawdown Comparison

The maximum VAPX.AS drawdown since its inception was -36.99%, which is greater than V3PA.DE's maximum drawdown of -17.58%. Use the drawdown chart below to compare losses from any high point for VAPX.AS and V3PA.DE.

Drawdown Indicators

	VAPX.AS	V3PA.DE	Difference
Max Drawdown Largest peak-to-trough decline	-36.99%	-17.58%	-19.41%
Max Drawdown (1Y) Largest decline over 1 year	-13.12%	-11.44%	-1.68%
Max Drawdown (5Y) Largest decline over 5 years	-19.68%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-36.99%	—	—
Current Drawdown Current decline from peak	-8.63%	-7.43%	-1.20%
Average Drawdown Average peak-to-trough decline	-6.64%	-2.84%	-3.80%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.11%	2.95%	+0.16%

Volatility

VAPX.AS vs. V3PA.DE - Volatility Comparison

Vanguard FTSE Developed Asia Pacific ex Japan UCITS ETF (VAPX.AS) has a higher volatility of 9.36% compared to Vanguard ESG Developed Asia Pacific All Cap UCITS ETF (USD) Accumulating (V3PA.DE) at 8.26%. This indicates that VAPX.AS's price experiences larger fluctuations and is considered to be riskier than V3PA.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	VAPX.AS	V3PA.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.36%	8.26%	+1.10%
Volatility (6M) Calculated over the trailing 6-month period	15.36%	13.69%	+1.67%
Volatility (1Y) Calculated over the trailing 1-year period	20.07%	18.27%	+1.80%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.71%	14.72%	+0.99%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.40%	14.72%	+2.68%