PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan
VAPX.L vs. DIVO
Performance
Return for Risk
Drawdowns
Volatility
Dividends

VAPX.L vs. DIVO

Last updated Jun 9, 2026

VAPX.L (Vanguard FTSE Developed Asia Pacific ex Japan UCITS ETF Distributing) and DIVO (Amplify CWP Enhanced Dividend Income ETF) are both exchange-traded funds - VAPX.L is a Asia Pacific Equities fund tracking the MSCI AC Asia Pac Ex JPN NR USD, while DIVO is a Derivative Income fund actively managed by Amplify. VAPX.L is passively managed, while DIVO is actively managed. Over the past 5 years, VAPX.L returned 11.85%/yr vs 11.97%/yr for DIVO. At a 0.38 correlation, their price movements are largely independent. VAPX.L charges 0.15%/yr vs 0.56%/yr for DIVO.

Performance

VAPX.L vs. DIVO - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in Vanguard FTSE Developed Asia Pacific ex Japan UCITS ETF Distributing (VAPX.L) and Amplify CWP Enhanced Dividend Income ETF (DIVO). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Different Trading Currencies

VAPX.L is traded in GBP, while DIVO is traded in USD. To make them comparable, the DIVO values have been converted to GBP using the latest available exchange rates.

Returns By Period

In the year-to-date period, VAPX.L achieves a 40.82% return, which is significantly higher than DIVO's 6.31% return.

VAPX.L

1D
0.30%
1M
0.03%
YTD
40.82%
6M
44.79%
1Y
72.72%
3Y*
22.66%
5Y*
11.85%
10Y*
12.48%

DIVO

1D
-0.33%
1M
3.84%
YTD
6.31%
6M
5.49%
1Y
19.33%
3Y*
12.89%
5Y*
11.97%
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

VAPX.L vs. DIVO - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
VAPX.L
Vanguard FTSE Developed Asia Pacific ex Japan UCITS ETF Distributing		40.82%31.34%-3.50%3.89%-1.65%1.83%15.31%12.85%-9.57%20.38%
DIVO
Amplify CWP Enhanced Dividend Income ETF		6.31%9.04%18.25%1.61%10.25%24.04%9.10%20.15%2.56%10.91%

Correlation

The correlation between VAPX.L and DIVO is 0.14, which is low. Their price movements are largely independent, making them effective diversification partners.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.14

Correlation (3Y)
Calculated over the trailing 3-year period

0.23

Correlation (5Y)
Calculated over the trailing 5-year period

0.24

Correlation (All Time)
Calculated using the full available price history since Dec 15, 2016

0.38

Over the past year, the correlation between VAPX.L and DIVO has dropped to 0.14 - well below their long-term average of 0.38, suggesting their price drivers have been diverging.

VAPX.L vs. DIVO - Sectors Allocation Comparison

Sectors
VAPX.L
DIVO

Technology

30.2%
15.6%

Financial Services

25.3%
29.6%

Industrials

12.5%
16.0%

Basic Materials

9.5%
4.2%

Consumer Cyclical

5.3%
11.5%

Real Estate

4.9%

-

Healthcare

3.3%
6.6%

Consumer Defensive

2.5%
6.9%

Communication Services

2.4%
1.0%

Energy

2.3%
6.7%

Utilities

2.0%
1.9%

Technology

VAPX.L
30.2%
DIVO
15.6%

Financial Services

VAPX.L
25.3%
DIVO
29.6%

Industrials

VAPX.L
12.5%
DIVO
16.0%

Basic Materials

VAPX.L
9.5%
DIVO
4.2%

Consumer Cyclical

VAPX.L
5.3%
DIVO
11.5%

Real Estate

VAPX.L
4.9%
DIVO

-

Healthcare

VAPX.L
3.3%
DIVO
6.6%

Consumer Defensive

VAPX.L
2.5%
DIVO
6.9%

Communication Services

VAPX.L
2.4%
DIVO
1.0%

Energy

VAPX.L
2.3%
DIVO
6.7%

Utilities

VAPX.L
2.0%
DIVO
1.9%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Vanguard FTSE Developed Asia Pacific ex Japan UCITS ETF Distributing

Amplify CWP Enhanced Dividend Income ETF

Often compared with VAPX.L:
VAPX.L vs. HMXJ.LVAPX.L vs. VFEG.LVAPX.L vs. V3PA.DEVAPX.L vs. EIXVAPX.L vs. INAA.LVAPX.L vs. VTVAPX.L vs. SPHD
Often compared with DIVO:
DIVO vs. JEPIDIVO vs. SCHDDIVO vs. QDVODIVO vs. JEPQDIVO vs. IDVODIVO vs. DIVDIVO vs. DGRO

Return for Risk

VAPX.L vs. DIVO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
VAPX.L
VAPX.L Risk / Return Rank: 9393
Overall Rank
VAPX.L Sharpe Ratio Rank: 9595
Sharpe Ratio Rank
VAPX.L Sortino Ratio Rank: 9292
Sortino Ratio Rank
VAPX.L Omega Ratio Rank: 9494
Omega Ratio Rank
VAPX.L Calmar Ratio Rank: 9191
Calmar Ratio Rank
VAPX.L Martin Ratio Rank: 9191
Martin Ratio Rank
DIVO
DIVO Risk / Return Rank: 6666
Overall Rank
DIVO Sharpe Ratio Rank: 6666
Sharpe Ratio Rank
DIVO Sortino Ratio Rank: 7272
Sortino Ratio Rank
DIVO Omega Ratio Rank: 6363
Omega Ratio Rank
DIVO Calmar Ratio Rank: 6666
Calmar Ratio Rank
DIVO Martin Ratio Rank: 6565
Martin Ratio Rank
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.L vs. DIVO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard FTSE Developed Asia Pacific ex Japan UCITS ETF Distributing (VAPX.L) and Amplify CWP Enhanced Dividend Income ETF (DIVO). 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.LDIVODifference
Sharpe ratioReturn per unit of total volatility
3.43
2.07

+1.36

Sortino ratioReturn per unit of downside risk
4.10
2.86

+1.24

Omega ratioGain probability vs. loss probability

1.63

1.36

+0.27

Calmar ratioReturn relative to maximum drawdown

5.40

4.07

+1.33

Martin ratioReturn relative to average drawdown

19.83

11.83

+8.01

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.L vs. DIVO - Sharpe Ratio Comparison

The current VAPX.L Sharpe Ratio is 3.43, which is higher than the DIVO Sharpe Ratio of 2.07. The chart below compares the historical Sharpe Ratios of VAPX.L and DIVO, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Loading charts...

Sharpe Ratios by Period

VAPX.LDIVODifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

3.43

2.07

+1.36

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.73

1.01

-0.27

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.71

—

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.53

0.76

-0.24

Drawdowns

VAPX.L vs. DIVO - Drawdown Comparison

The maximum VAPX.L drawdown since its inception was -30.88%, which is greater than DIVO's maximum drawdown of -21.27%. Use the drawdown chart below to compare losses from any high point for VAPX.L and DIVO.

Loading charts...

Drawdown Indicators

VAPX.LDIVODifference

Max Drawdown

Largest peak-to-trough decline

-30.88%

-21.27%

-9.61%

Max Drawdown (1Y)

Largest decline over 1 year

-13.41%

-4.78%

-8.63%

Max Drawdown (3Y)

Largest decline over 3 years

-16.81%

-16.04%

-0.77%

Max Drawdown (5Y)

Largest decline over 5 years

-17.55%

-16.04%

-1.51%

Max Drawdown (10Y)

Largest decline over 10 years

-30.88%

—

—

Current Drawdown

Current decline from peak

-8.79%

-0.68%

-8.11%

Average Drawdown

Average peak-to-trough decline

-6.31%

-2.98%

-3.33%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.66%

1.64%

+2.02%

Volatility

VAPX.L vs. DIVO - Volatility Comparison

Vanguard FTSE Developed Asia Pacific ex Japan UCITS ETF Distributing (VAPX.L) has a higher volatility of 11.60% compared to Amplify CWP Enhanced Dividend Income ETF (DIVO) at 2.41%. This indicates that VAPX.L's price experiences larger fluctuations and is considered to be riskier than DIVO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Loading charts...

Volatility by Period

VAPX.LDIVODifference

Volatility (1M)

Calculated over the trailing 1-month period

11.60%

2.41%

+9.19%

Volatility (6M)

Calculated over the trailing 6-month period

18.95%

7.03%

+11.92%

Volatility (1Y)

Calculated over the trailing 1-year period

21.14%

9.41%

+11.73%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

16.22%

11.96%

+4.26%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

17.48%

15.50%

+1.98%

VAPX.L vs. DIVO - Expense Ratio Comparison

VAPX.L has a 0.15% expense ratio, which is lower than DIVO's 0.56% expense ratio.

Dividends

VAPX.L vs. DIVO - Dividend Comparison

VAPX.L's dividend yield for the trailing twelve months is around 1.91%, less than DIVO's 6.43% yield.

PositionTTM20252024202320222021202020192018201720162015
DIVO
Amplify CWP Enhanced Dividend Income ETF		6.43%6.44%4.70%4.67%4.76%4.79%4.91%8.16%5.27%3.83%0.00%0.00%
VAPX.L
Vanguard FTSE Developed Asia Pacific ex Japan UCITS ETF Distributing		1.91%2.70%3.47%3.53%4.32%3.51%2.08%3.39%3.52%3.10%2.71%3.49%

Frequently Asked Questions

VAPX.L and DIVO have a correlation of 0.14, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, VAPX.L is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.

VAPX.L is cheaper with a 0.15% expense ratio, compared with 0.56% for DIVO.

VAPX.L is categorized as Asia Pacific Equities, while DIVO is Derivative Income. They also come from different issuers: Vanguard and Amplify. Their fees differ too: 0.15% for VAPX.L and 0.56% for DIVO.

Portfolio Optimizer

Find the right allocation for VAPX.L and DIVO

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