VGEJ.DE vs. ETLK.DE
VGEJ.DE (Vanguard FTSE Developed Asia Pacific ex Japan UCITS ETF Distributing) and ETLK.DE (L&G Asia Pacific ex Japan Equity UCITS ETF) are both Asia Pacific Equities funds - VGEJ.DE tracks the FTSE Developed Asia Pacific ex Japan while ETLK.DE tracks the Solactive Core Developed Markets Pacific ex Japan Large & Mid Cap. Both are passively managed. Over the past 5 years, VGEJ.DE returned 15.69%/yr vs 5.51%/yr for ETLK.DE. Their correlation of 0.89 suggests significant overlap in exposure. VGEJ.DE charges 0.15%/yr vs 0.10%/yr for ETLK.DE.
Performance
VGEJ.DE vs. ETLK.DE - Performance Comparison
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Returns By Period
In the year-to-date period, VGEJ.DE achieves a 50.18% return, which is significantly higher than ETLK.DE's 8.76% return.
VGEJ.DE
- 1D
- -3.08%
- 1M
- 7.14%
- YTD
- 50.18%
- 6M
- 54.46%
- 1Y
- 78.68%
- 3Y*
- 26.79%
- 5Y*
- 15.69%
- 10Y*
- 15.36%
ETLK.DE
- 1D
- -0.99%
- 1M
- -2.56%
- YTD
- 8.76%
- 6M
- 10.04%
- 1Y
- 13.52%
- 3Y*
- 10.15%
- 5Y*
- 5.51%
- 10Y*
- —
VGEJ.DE vs. ETLK.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
VGEJ.DE Vanguard FTSE Developed Asia Pacific ex Japan UCITS ETF Distributing | 50.18% | 24.74% | 3.34% | 10.27% | -4.11% | 14.06% | 11.18% | 18.47% |
ETLK.DE L&G Asia Pacific ex Japan Equity UCITS ETF | 8.76% | 7.52% | 11.54% | 1.26% | -0.49% | 11.62% | -1.71% | 15.82% |
Correlation
The correlation between VGEJ.DE and ETLK.DE is 0.73, 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 | 0.73 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.83 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.86 |
Correlation (All Time) Calculated using the full available price history since Jan 17, 2019 | 0.89 |
The correlation between VGEJ.DE and ETLK.DE shifts across timeframes, from 0.73 (1 year) to 0.89 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
VGEJ.DE vs. ETLK.DE — Risk / Return Rank
VGEJ.DE
ETLK.DE
VGEJ.DE vs. ETLK.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 Distributing (VGEJ.DE) and L&G Asia Pacific ex Japan Equity UCITS ETF (ETLK.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.
| VGEJ.DE | ETLK.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.64 | ||
| Sortino ratioReturn per unit of downside risk | +2.89 | ||
| Omega ratioGain probability vs. loss probability | 1.69 | 1.21 | +0.48 |
| Calmar ratioReturn relative to maximum drawdown | 6.17 | 2.34 | +3.83 |
| Martin ratioReturn relative to average drawdown | 24.13 | 6.47 | +17.66 |
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
| VGEJ.DE | ETLK.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 3.80 | 1.16 | +2.64 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.93 | 0.37 | +0.56 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.93 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.79 | 0.39 | +0.40 |
Drawdowns
VGEJ.DE vs. ETLK.DE - Drawdown Comparison
The maximum VGEJ.DE drawdown since its inception was -36.78%, roughly equal to the maximum ETLK.DE drawdown of -36.72%. Use the drawdown chart below to compare losses from any high point for VGEJ.DE and ETLK.DE.
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Drawdown Indicators
| VGEJ.DE | ETLK.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -36.78% | -36.72% | -0.06% |
Max Drawdown (1Y)Largest decline over 1 year | -12.94% | -5.98% | -6.96% |
Max Drawdown (3Y)Largest decline over 3 years | -19.66% | -19.89% | +0.23% |
Max Drawdown (5Y)Largest decline over 5 years | -19.66% | -19.89% | +0.23% |
Max Drawdown (10Y)Largest decline over 10 years | -36.78% | — | — |
Current DrawdownCurrent decline from peak | -3.88% | -2.56% | -1.32% |
Average DrawdownAverage peak-to-trough decline | -4.86% | -5.76% | +0.90% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.31% | 2.16% | +1.15% |
Volatility
VGEJ.DE vs. ETLK.DE - Volatility Comparison
Vanguard FTSE Developed Asia Pacific ex Japan UCITS ETF Distributing (VGEJ.DE) has a higher volatility of 10.63% compared to L&G Asia Pacific ex Japan Equity UCITS ETF (ETLK.DE) at 3.38%. This indicates that VGEJ.DE's price experiences larger fluctuations and is considered to be riskier than ETLK.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| VGEJ.DE | ETLK.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.63% | 3.38% | +7.25% |
Volatility (6M)Calculated over the trailing 6-month period | 18.75% | 9.32% | +9.43% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.99% | 12.02% | +8.97% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.70% | 14.78% | +1.92% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.29% | 18.21% | +1.08% |
VGEJ.DE vs. ETLK.DE - Expense Ratio Comparison
VGEJ.DE has a 0.15% expense ratio, which is higher than ETLK.DE's 0.10% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
VGEJ.DE vs. ETLK.DE - Dividend Comparison
VGEJ.DE's dividend yield for the trailing twelve months is around 1.80%, while ETLK.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ETLK.DE L&G Asia Pacific ex Japan Equity UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VGEJ.DE Vanguard FTSE Developed Asia Pacific ex Japan UCITS ETF Distributing | 1.80% | 2.75% | 5.36% | 7.33% | 7.98% | 7.49% | 4.34% | 6.92% | 7.83% | 4.28% | 3.08% | 2.78% |
Frequently Asked Questions
VGEJ.DE and ETLK.DE have a correlation of 0.73, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, ETLK.DE is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.
ETLK.DE is cheaper with a 0.10% expense ratio, compared with 0.15% for VGEJ.DE.
VGEJ.DE tracks FTSE Developed Asia Pacific ex Japan, while ETLK.DE tracks Solactive Core Developed Markets Pacific ex Japan Large & Mid Cap. They also come from different issuers: Vanguard and Legal & General. Their fees differ too: 0.15% for VGEJ.DE and 0.10% for ETLK.DE.
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