VDPG.L vs. LQDA.L
VDPG.L (Vanguard FTSE Developed Asia Pacific ex Japan UCITS ETF Acc) and LQDA.L (iShares USD Corporate Bond UCITS ETF (Acc)) are both exchange-traded funds - VDPG.L is a Asia Pacific Equities fund tracking the MSCI AC Asia Pac Ex JPN NR USD, while LQDA.L is a Corporate Bonds fund tracking the Bloomberg US Corp Bond TR USD. Both are passively managed. Over the past 5 years, VDPG.L returned 13.72%/yr vs 1.07%/yr for LQDA.L. At a 0.12 correlation, their price movements are largely independent. VDPG.L charges 0.15%/yr vs 0.20%/yr for LQDA.L.
Performance
VDPG.L vs. LQDA.L - Performance Comparison
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Different Trading Currencies
VDPG.L is traded in GBP, while LQDA.L is traded in USD. To make them comparable, the LQDA.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 higher than LQDA.L's 0.42% 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*
- —
LQDA.L
- 1D
- 0.38%
- 1M
- 1.27%
- YTD
- 0.42%
- 6M
- -0.41%
- 1Y
- 6.56%
- 3Y*
- 2.38%
- 5Y*
- 1.07%
- 10Y*
- —
VDPG.L vs. LQDA.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% |
LQDA.L iShares USD Corporate Bond UCITS ETF (Acc) | 0.42% | 0.31% | 3.02% | 3.54% | -7.97% | -0.73% | 7.31% | -5.11% |
Correlation
The correlation between VDPG.L and LQDA.L is 0.19, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.19 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.17 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.09 |
Correlation (All Time) Calculated using the full available price history since Sep 27, 2019 | 0.12 |
The correlation between VDPG.L and LQDA.L shifts across timeframes, from 0.09 (5 years) to 0.19 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
VDPG.L vs. LQDA.L — Risk / Return Rank
VDPG.L
LQDA.L
VDPG.L vs. LQDA.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 USD Corporate Bond UCITS ETF (Acc) (LQDA.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 | LQDA.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +3.63 | ||
| Sortino ratioReturn per unit of downside risk | +4.03 | ||
| Omega ratioGain probability vs. loss probability | 1.81 | 1.16 | +0.65 |
| Calmar ratioReturn relative to maximum drawdown | 6.87 | 1.24 | +5.63 |
| Martin ratioReturn relative to average drawdown | 25.62 | 3.02 | +22.60 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| VDPG.L | LQDA.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 4.56 | 0.92 | +3.63 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.86 | 0.11 | +0.76 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.75 | 0.16 | +0.58 |
Drawdowns
VDPG.L vs. LQDA.L - Drawdown Comparison
The maximum VDPG.L drawdown since its inception was -30.11%, which is greater than LQDA.L's maximum drawdown of -18.92%. Use the drawdown chart below to compare losses from any high point for VDPG.L and LQDA.L.
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Drawdown Indicators
| VDPG.L | LQDA.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -30.11% | -18.92% | -11.19% |
Max Drawdown (1Y)Largest decline over 1 year | -13.45% | -5.28% | -8.17% |
Max Drawdown (3Y)Largest decline over 3 years | -16.71% | -9.27% | -7.44% |
Max Drawdown (5Y)Largest decline over 5 years | -17.64% | -15.34% | -2.30% |
Current DrawdownCurrent decline from peak | -0.73% | -8.00% | +7.27% |
Average DrawdownAverage peak-to-trough decline | -5.88% | -8.33% | +2.45% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.61% | 2.16% | +1.45% |
Volatility
VDPG.L vs. LQDA.L - Volatility Comparison
Vanguard FTSE Developed Asia Pacific ex Japan UCITS ETF Acc (VDPG.L) has a higher volatility of 10.34% compared to iShares USD Corporate Bond UCITS ETF (Acc) (LQDA.L) at 2.24%. This indicates that VDPG.L's price experiences larger fluctuations and is considered to be riskier than LQDA.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| VDPG.L | LQDA.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.34% | 2.24% | +8.10% |
Volatility (6M)Calculated over the trailing 6-month period | 17.86% | 5.66% | +12.20% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.26% | 7.08% | +13.18% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.89% | 9.96% | +5.93% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.41% | 10.85% | +7.56% |
VDPG.L vs. LQDA.L - Expense Ratio Comparison
VDPG.L has a 0.15% expense ratio, which is lower than LQDA.L's 0.20% 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%.
Dividends
VDPG.L vs. LQDA.L - Dividend Comparison
Neither VDPG.L nor LQDA.L has paid dividends to shareholders.
Frequently Asked Questions
VDPG.L and LQDA.L have a correlation of 0.19, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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.
VDPG.L is cheaper with a 0.15% expense ratio, compared with 0.20% for LQDA.L.
VDPG.L is categorized as Asia Pacific Equities, while LQDA.L is Corporate Bonds. VDPG.L tracks MSCI AC Asia Pac Ex JPN NR USD, while LQDA.L tracks Bloomberg US Corp Bond TR USD. They also come from different issuers: Vanguard and iShares. Their fees differ too: 0.15% for VDPG.L and 0.20% for LQDA.L.
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