VDPG.L vs. VWRL.L

Last updated Jun 5, 2026

VDPG.L (Vanguard FTSE Developed Asia Pacific ex Japan UCITS ETF Acc) and VWRL.L (Vanguard FTSE All-World UCITS ETF Distributing) are both exchange-traded funds - VDPG.L is a Asia Pacific Equities fund tracking the MSCI AC Asia Pac Ex JPN NR USD, while VWRL.L is a Global Equities fund tracking the FTSE All-World Index. Both are passively managed. Over the past 5 years, VDPG.L returned 13.72%/yr vs 12.45%/yr for VWRL.L. A 0.77 correlation means they provide meaningful diversification when combined. VDPG.L charges 0.15%/yr vs 0.19%/yr for VWRL.L.

Performance

VDPG.L vs. VWRL.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 Vanguard FTSE All-World UCITS ETF Distributing (VWRL.L). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, VDPG.L achieves a 53.85% return, which is significantly higher than VWRL.L's 11.87% 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*: —

VWRL.L

• 1D: -0.06%
• 1M: 5.33%
• YTD: 11.87%
• 6M: 12.31%
• 1Y: 29.86%
• 3Y*: 17.97%
• 5Y*: 12.45%
• 10Y*: 13.48%

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

VDPG.L vs. VWRL.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%
VWRL.L Vanguard FTSE All-World UCITS ETF Distributing	11.87%	13.99%	19.59%	15.61%	-8.44%	20.04%	12.13%	1.98%

Correlation

The correlation between VDPG.L and VWRL.L is 0.67, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.67
Correlation (3Y) Calculated over the trailing 3-year period	0.70
Correlation (5Y) Calculated over the trailing 5-year period	0.72
Correlation (All Time) Calculated using the full available price history since Sep 27, 2019	0.77

The correlation between VDPG.L and VWRL.L has been stable across timeframes, ranging from 0.67 to 0.77 - a consistent structural relationship.

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

Sectors	VDPG.L	VWRL.L
Technology	30.2%	29.0%
Financial Services	25.3%	16.1%
Industrials	12.5%	11.0%
Basic Materials	9.5%	3.8%
Consumer Cyclical	5.3%	9.4%
Real Estate	4.9%	1.9%
Healthcare	3.3%	8.0%
Consumer Defensive	2.5%	5.0%
Communication Services	2.4%	8.8%
Energy	2.3%	4.2%
Utilities	2.0%	2.7%

Return for Risk

VDPG.L vs. VWRL.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

VWRL.L

VWRL.L Risk / Return Rank: 86
VWRL.L Sharpe Ratio Rank: 87
VWRL.L Sortino Ratio Rank: 88
VWRL.L Omega Ratio Rank: 89
VWRL.L Calmar Ratio Rank: 81
VWRL.L 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.

VDPG.L vs. VWRL.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 Vanguard FTSE All-World UCITS ETF Distributing (VWRL.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	VWRL.L	Difference
Sharpe ratio: Return per unit of total volatility	4.56	2.88	+1.68
Sortino ratio: Return per unit of downside risk	5.38	3.96	+1.42
Omega ratio: Gain probability vs. loss probability	1.81	1.55	+0.26
Calmar ratio: Return relative to maximum drawdown	6.87	4.20	+2.67
Martin ratio: Return relative to average drawdown	25.62	17.09	+8.53
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. VWRL.L - Sharpe Ratio Comparison

The current VDPG.L Sharpe Ratio is 4.56, which is higher than the VWRL.L Sharpe Ratio of 2.88. The chart below compares the historical Sharpe Ratios of VDPG.L and VWRL.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	VWRL.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	4.56	2.88	+1.68
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.86	0.97	-0.10
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.94	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.75	0.95	-0.20

Drawdowns

VDPG.L vs. VWRL.L - Drawdown Comparison

The maximum VDPG.L drawdown since its inception was -30.11%, which is greater than VWRL.L's maximum drawdown of -24.98%. Use the drawdown chart below to compare losses from any high point for VDPG.L and VWRL.L.

Drawdown Indicators

	VDPG.L	VWRL.L	Difference
Max Drawdown Largest peak-to-trough decline	-30.11%	-24.98%	-5.13%
Max Drawdown (1Y) Largest decline over 1 year	-13.45%	-7.08%	-6.37%
Max Drawdown (3Y) Largest decline over 3 years	-16.71%	-17.48%	+0.77%
Max Drawdown (5Y) Largest decline over 5 years	-17.64%	-17.48%	-0.16%
Max Drawdown (10Y) Largest decline over 10 years	—	-24.98%	—
Current Drawdown Current decline from peak	-0.73%	-0.48%	-0.25%
Average Drawdown Average peak-to-trough decline	-5.88%	-3.30%	-2.58%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.61%	1.74%	+1.87%

Volatility

VDPG.L vs. VWRL.L - Volatility Comparison

Vanguard FTSE Developed Asia Pacific ex Japan UCITS ETF Acc (VDPG.L) has a higher volatility of 10.34% compared to Vanguard FTSE All-World UCITS ETF Distributing (VWRL.L) at 2.97%. This indicates that VDPG.L's price experiences larger fluctuations and is considered to be riskier than VWRL.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	VDPG.L	VWRL.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.34%	2.97%	+7.37%
Volatility (6M) Calculated over the trailing 6-month period	17.86%	7.64%	+10.22%
Volatility (1Y) Calculated over the trailing 1-year period	20.26%	10.34%	+9.92%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.89%	12.86%	+3.03%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.41%	14.25%	+4.16%

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

VDPG.L has a 0.15% expense ratio, which is lower than VWRL.L's 0.19% 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. VWRL.L - Dividend Comparison

VDPG.L has not paid dividends to shareholders, while VWRL.L's dividend yield for the trailing twelve months is around 1.24%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
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%
VWRL.L Vanguard FTSE All-World UCITS ETF Distributing	1.24%	1.39%	1.49%	1.72%	2.03%	1.45%	1.58%	1.95%	2.22%	1.90%	1.85%	2.00%

Frequently Asked Questions

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

VDPG.L and VWRL.L have a correlation of 0.67, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

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

VDPG.L is cheaper with a 0.15% expense ratio, compared with 0.19% for VWRL.L.

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

VDPG.L is categorized as Asia Pacific Equities, while VWRL.L is Global Equities. VDPG.L tracks MSCI AC Asia Pac Ex JPN NR USD, while VWRL.L tracks FTSE All-World Index. Their fees differ too: 0.15% for VDPG.L and 0.19% for VWRL.L.