VGEK.DE vs. IS3N.DE
VGEK.DE (Vanguard FTSE Developed Asia Pacific ex Japan UCITS ETF (USD) Accumulating) and IS3N.DE (iShares Core MSCI Emerging Markets IMI UCITS ETF (Acc)) are both exchange-traded funds - VGEK.DE is a Asia Pacific Equities fund tracking the FTSE Developed Asia Pacific ex Japan, while IS3N.DE is a Emerging Markets Equities fund tracking the MSCI Emerging Markets Investable Market (IMI). Both are passively managed. Over the past 5 years, VGEK.DE returned 12.76%/yr vs 8.46%/yr for IS3N.DE. Their correlation of 0.83 suggests significant overlap in exposure. VGEK.DE charges 0.15%/yr vs 0.18%/yr for IS3N.DE.
Performance
VGEK.DE vs. IS3N.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, VGEK.DE achieves a 49.18% return, which is significantly higher than IS3N.DE's 24.88% return.
VGEK.DE
- 1D
- 4.06%
- 1M
- 3.59%
- YTD
- 49.18%
- 6M
- 55.67%
- 1Y
- 78.14%
- 3Y*
- 23.88%
- 5Y*
- 12.76%
- 10Y*
- —
IS3N.DE
- 1D
- 3.12%
- 1M
- 1.48%
- YTD
- 24.88%
- 6M
- 27.74%
- 1Y
- 45.03%
- 3Y*
- 18.80%
- 5Y*
- 8.46%
- 10Y*
- 10.23%
VGEK.DE vs. IS3N.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
VGEK.DE Vanguard FTSE Developed Asia Pacific ex Japan UCITS ETF (USD) Accumulating | 49.18% | 25.01% | 1.00% | 6.45% | -7.38% | 9.39% | 8.24% | -4.36% |
IS3N.DE iShares Core MSCI Emerging Markets IMI UCITS ETF (Acc) | 24.88% | 17.14% | 13.88% | 7.20% | -13.85% | 7.09% | 7.07% | 8.86% |
Correlation
The correlation between VGEK.DE and IS3N.DE is 0.83, 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 | 0.83 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.81 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.81 |
Correlation (All Time) Calculated using the full available price history since Sep 24, 2019 | 0.83 |
The correlation between VGEK.DE and IS3N.DE has been stable across timeframes, ranging from 0.81 to 0.83 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
VGEK.DE vs. IS3N.DE — Risk / Return Rank
VGEK.DE
IS3N.DE
VGEK.DE vs. IS3N.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 (USD) Accumulating (VGEK.DE) and iShares Core MSCI Emerging Markets IMI UCITS ETF (Acc) (IS3N.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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| VGEK.DE | IS3N.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.10 | ||
| Sortino ratioReturn per unit of downside risk | +1.04 | ||
| Omega ratioGain probability vs. loss probability | 1.62 | 1.44 | +0.18 |
| Calmar ratioReturn relative to maximum drawdown | 6.03 | 4.10 | +1.93 |
| Martin ratioReturn relative to average drawdown | 21.95 | 14.25 | +7.70 |
Loading charts...
Drawdowns
VGEK.DE vs. IS3N.DE - Drawdown Comparison
The maximum VGEK.DE drawdown since its inception was -36.88%, which is greater than IS3N.DE's maximum drawdown of -35.06%. Use the drawdown chart below to compare losses from any high point for VGEK.DE and IS3N.DE.
Loading charts...
Drawdown Indicators
| VGEK.DE | IS3N.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -36.88% | -35.06% | -1.82% |
Max Drawdown (1Y)Largest decline over 1 year | -12.88% | -10.52% | -2.36% |
Max Drawdown (3Y)Largest decline over 3 years | -19.67% | -19.18% | -0.49% |
Max Drawdown (5Y)Largest decline over 5 years | -19.67% | -21.99% | +2.32% |
Max Drawdown (10Y)Largest decline over 10 years | — | -32.51% | — |
Current DrawdownCurrent decline from peak | -4.00% | -3.21% | -0.79% |
Average DrawdownAverage peak-to-trough decline | -6.40% | -9.27% | +2.87% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.55% | 3.03% | +0.52% |
Volatility
VGEK.DE vs. IS3N.DE - Volatility Comparison
Vanguard FTSE Developed Asia Pacific ex Japan UCITS ETF (USD) Accumulating (VGEK.DE) has a higher volatility of 10.55% compared to iShares Core MSCI Emerging Markets IMI UCITS ETF (Acc) (IS3N.DE) at 7.31%. This indicates that VGEK.DE's price experiences larger fluctuations and is considered to be riskier than IS3N.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| VGEK.DE | IS3N.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.55% | 7.31% | +3.24% |
Volatility (6M)Calculated over the trailing 6-month period | 19.88% | 15.53% | +4.35% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.23% | 18.01% | +4.22% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.89% | 16.34% | +0.55% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.04% | 18.08% | +1.96% |
VGEK.DE vs. IS3N.DE - Expense Ratio Comparison
VGEK.DE has a 0.15% expense ratio, which is lower than IS3N.DE's 0.18% 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
VGEK.DE vs. IS3N.DE - Dividend Comparison
Neither VGEK.DE nor IS3N.DE has paid dividends to shareholders.
Frequently Asked Questions
VGEK.DE and IS3N.DE have a correlation of 0.83, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, VGEK.DE is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.
VGEK.DE is cheaper with a 0.15% expense ratio, compared with 0.18% for IS3N.DE.
VGEK.DE is categorized as Asia Pacific Equities, while IS3N.DE is Emerging Markets Equities. VGEK.DE tracks FTSE Developed Asia Pacific ex Japan, while IS3N.DE tracks MSCI Emerging Markets Investable Market (IMI). They also come from different issuers: Vanguard and iShares. Their fees differ too: 0.15% for VGEK.DE and 0.18% for IS3N.DE.
Find the right allocation for VGEK.DE and IS3N.DE
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