VDPG.L vs. IKOR.L

Last updated Jun 5, 2026

VDPG.L (Vanguard FTSE Developed Asia Pacific ex Japan UCITS ETF Acc) and IKOR.L (iShares MSCI Korea UCITS ETF (Dist)) are both Asia Pacific Equities funds - VDPG.L tracks the MSCI AC Asia Pac Ex JPN NR USD while IKOR.L tracks the MSCI Korea NR USD. Both are passively managed. Over the past 5 years, VDPG.L returned 13.72%/yr vs 19.90%/yr for IKOR.L. Their correlation of 0.86 suggests significant overlap in exposure. VDPG.L charges 0.15%/yr vs 0.74%/yr for IKOR.L.

Performance

VDPG.L vs. IKOR.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 Acc (VDPG.L) and iShares MSCI Korea UCITS ETF (Dist) (IKOR.L). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

VDPG.L is traded in GBP, while IKOR.L is traded in GBp. To make them comparable, the IKOR.L values have been converted to GBP using the latest available exchange rates.

Returns By Period

In the year-to-date period, VDPG.L achieves a 53.85% return, which is significantly lower than IKOR.L's 107.66% return.

VDPG.L

• 1D: -0.73%
• 1M: 15.08%
• YTD: 53.85%
• 6M: 59.61%
• 1Y: 91.14%
• 3Y*: 26.43%
• 5Y*: 13.72%
• 10Y*: —

IKOR.L

• 1D: -4.06%
• 1M: 17.39%
• YTD: 107.66%
• 6M: 126.31%
• 1Y: 237.26%
• 3Y*: 45.36%
• 5Y*: 19.90%
• 10Y*: 17.90%

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

VDPG.L vs. IKOR.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
VDPG.L Vanguard FTSE Developed Asia Pacific ex Japan UCITS ETF Acc	53.85%	30.58%	-3.05%	4.09%	-1.89%	1.95%	15.56%	1.01%
IKOR.L iShares MSCI Korea UCITS ETF (Dist)	107.66%	85.96%	-21.55%	13.31%	-19.76%	-7.30%	39.09%	6.09%

Correlation

The correlation between VDPG.L and IKOR.L is 0.91, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.91
Correlation (3Y) Calculated over the trailing 3-year period	0.85
Correlation (5Y) Calculated over the trailing 5-year period	0.84
Correlation (All Time) Calculated using the full available price history since Sep 27, 2019	0.86

The correlation between VDPG.L and IKOR.L has been stable across timeframes, ranging from 0.84 to 0.91 - a consistent structural relationship.

VDPG.L vs. IKOR.L - Sectors Allocation Comparison

Sectors	VDPG.L	IKOR.L
Technology	30.2%	56.0%
Financial Services	25.3%	9.2%
Industrials	12.5%	18.8%
Basic Materials	9.5%	2.0%
Consumer Cyclical	5.3%	5.7%
Real Estate	4.9%	-
Healthcare	3.3%	3.0%
Consumer Defensive	2.5%	1.4%
Communication Services	2.4%	2.6%
Energy	2.3%	1.1%
Utilities	2.0%	0.4%

Return for Risk

VDPG.L vs. IKOR.L — Risk / Return Rank

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

VDPG.L

VDPG.L Risk / Return Rank: 95
VDPG.L Sharpe Ratio Rank: 97
VDPG.L Sortino Ratio Rank: 96
VDPG.L Omega Ratio Rank: 96
VDPG.L Calmar Ratio Rank: 93
VDPG.L Martin Ratio Rank: 94

IKOR.L

IKOR.L Risk / Return Rank: 97
IKOR.L Sharpe Ratio Rank: 99
IKOR.L Sortino Ratio Rank: 96
IKOR.L Omega Ratio Rank: 96
IKOR.L Calmar Ratio Rank: 97
IKOR.L Martin Ratio Rank: 97

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.

VDPG.L vs. IKOR.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 Acc (VDPG.L) and iShares MSCI Korea UCITS ETF (Dist) (IKOR.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.

	VDPG.L	IKOR.L	Difference
Sharpe ratio: Return per unit of total volatility	4.56	6.36	-1.80
Sortino ratio: Return per unit of downside risk	5.38	5.81	-0.43
Omega ratio: Gain probability vs. loss probability	1.81	1.83	-0.02
Calmar ratio: Return relative to maximum drawdown	6.87	10.97	-4.10
Martin ratio: Return relative to average drawdown	25.62	39.06	-13.44
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

VDPG.L vs. IKOR.L - Sharpe Ratio Comparison

The current VDPG.L Sharpe Ratio is 4.56, which is comparable to the IKOR.L Sharpe Ratio of 6.36. The chart below compares the historical Sharpe Ratios of VDPG.L and IKOR.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

	VDPG.L	IKOR.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	4.56	6.36	-1.80
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.86	0.79	+0.08
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.74	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.75	0.42	+0.33

Drawdowns

VDPG.L vs. IKOR.L - Drawdown Comparison

The maximum VDPG.L drawdown since its inception was -30.11%, smaller than the maximum IKOR.L drawdown of -61.70%. Use the drawdown chart below to compare losses from any high point for VDPG.L and IKOR.L.

Drawdown Indicators

	VDPG.L	IKOR.L	Difference
Max Drawdown Largest peak-to-trough decline	-30.11%	-61.70%	+31.59%
Max Drawdown (1Y) Largest decline over 1 year	-13.45%	-21.48%	+8.03%
Max Drawdown (3Y) Largest decline over 3 years	-16.71%	-28.58%	+11.87%
Max Drawdown (5Y) Largest decline over 5 years	-17.64%	-40.83%	+23.19%
Max Drawdown (10Y) Largest decline over 10 years	—	-44.11%	—
Current Drawdown Current decline from peak	-0.73%	-5.01%	+4.28%
Average Drawdown Average peak-to-trough decline	-5.88%	-15.59%	+9.71%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.61%	6.05%	-2.44%

Volatility

VDPG.L vs. IKOR.L - Volatility Comparison

The current volatility for Vanguard FTSE Developed Asia Pacific ex Japan UCITS ETF Acc (VDPG.L) is 10.34%, while iShares MSCI Korea UCITS ETF (Dist) (IKOR.L) has a volatility of 17.45%. This indicates that VDPG.L experiences smaller price fluctuations and is considered to be less risky than IKOR.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	VDPG.L	IKOR.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.34%	17.45%	-7.11%
Volatility (6M) Calculated over the trailing 6-month period	17.86%	32.34%	-14.48%
Volatility (1Y) Calculated over the trailing 1-year period	20.26%	37.08%	-16.82%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.89%	25.31%	-9.42%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.41%	24.76%	-6.35%

VDPG.L vs. IKOR.L - Expense Ratio Comparison

VDPG.L has a 0.15% expense ratio, which is lower than IKOR.L's 0.74% expense ratio.

Dividends

VDPG.L vs. IKOR.L - Dividend Comparison

VDPG.L has not paid dividends to shareholders, while IKOR.L's dividend yield for the trailing twelve months is around 0.42%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
IKOR.L iShares MSCI Korea UCITS ETF (Dist)	0.42%	0.83%	1.31%	1.14%	1.34%	1.36%	0.76%	1.28%	1.07%	0.72%	0.57%	0.43%
VDPG.L Vanguard FTSE Developed Asia Pacific ex Japan UCITS ETF Acc	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both VDPG.L and IKOR.L in my portfolio?

With a correlation of 0.91, VDPG.L and IKOR.L move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which ETF is better, VDPG.L or IKOR.L?

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

Which ETF is cheaper, VDPG.L or IKOR.L?

VDPG.L is cheaper with a 0.15% expense ratio, compared with 0.74% for IKOR.L.

What is the main difference between VDPG.L and IKOR.L?

VDPG.L tracks MSCI AC Asia Pac Ex JPN NR USD, while IKOR.L tracks MSCI Korea NR USD. They also come from different issuers: Vanguard and iShares. Their fees differ too: 0.15% for VDPG.L and 0.74% for IKOR.L.