VGEK.DE vs. LGAG.L
VGEK.DE (Vanguard FTSE Developed Asia Pacific ex Japan UCITS ETF (USD) Accumulating) and LGAG.L (L&G Asia Pacific ex Japan Equity UCITS ETF) are both Asia Pacific Equities funds - VGEK.DE tracks the FTSE Developed Asia Pacific ex Japan while LGAG.L tracks the MSCI Pacific Ex Japan NR USD. Both are passively managed. Over the past 5 years, VGEK.DE returned 12.83%/yr vs 5.54%/yr for LGAG.L. Their correlation of 0.83 suggests significant overlap in exposure. VGEK.DE charges 0.15%/yr vs 0.10%/yr for LGAG.L.
Performance
VGEK.DE vs. LGAG.L - Performance Comparison
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Different Trading Currencies
VGEK.DE is traded in EUR, while LGAG.L is traded in GBp. To make them comparable, the LGAG.L values have been converted to EUR using the latest available exchange rates.
Returns By Period
In the year-to-date period, VGEK.DE achieves a 49.52% return, which is significantly higher than LGAG.L's 9.75% return.
VGEK.DE
- 1D
- -3.21%
- 1M
- 6.68%
- YTD
- 49.52%
- 6M
- 54.00%
- 1Y
- 77.62%
- 3Y*
- 24.83%
- 5Y*
- 12.83%
- 10Y*
- —
LGAG.L
- 1D
- -0.78%
- 1M
- 0.08%
- YTD
- 9.75%
- 6M
- 10.40%
- 1Y
- 14.16%
- 3Y*
- 10.12%
- 5Y*
- 5.54%
- 10Y*
- —
VGEK.DE vs. LGAG.L - 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 | 49.52% | 25.03% | 1.02% | 6.43% | -7.37% | 9.39% | 8.22% | 6.27% |
LGAG.L L&G Asia Pacific ex Japan Equity UCITS ETF | 9.77% | 6.68% | 11.33% | 1.30% | 0.17% | 10.92% | -0.90% | 4.03% |
Correlation
The correlation between VGEK.DE and LGAG.L is 0.70, 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 | 0.70 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.78 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.82 |
Correlation (All Time) Calculated using the full available price history since Sep 27, 2019 | 0.83 |
The correlation between VGEK.DE and LGAG.L shifts across timeframes, from 0.70 (1 year) to 0.83 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
VGEK.DE vs. LGAG.L — Risk / Return Rank
VGEK.DE
LGAG.L
VGEK.DE vs. LGAG.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 (USD) Accumulating (VGEK.DE) and L&G Asia Pacific ex Japan Equity UCITS ETF (LGAG.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.
| VGEK.DE | LGAG.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.57 | ||
| Sortino ratioReturn per unit of downside risk | +2.82 | ||
| Omega ratioGain probability vs. loss probability | 1.66 | 1.22 | +0.44 |
| Calmar ratioReturn relative to maximum drawdown | 6.17 | 2.23 | +3.94 |
| Martin ratioReturn relative to average drawdown | 24.03 | 6.44 | +17.60 |
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
| VGEK.DE | LGAG.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 3.77 | 1.20 | +2.57 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.76 | 0.26 | +0.50 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.69 | 0.16 | +0.52 |
Drawdowns
VGEK.DE vs. LGAG.L - Drawdown Comparison
The maximum VGEK.DE drawdown since its inception was -36.64%, smaller than the maximum LGAG.L drawdown of -39.10%. Use the drawdown chart below to compare losses from any high point for VGEK.DE and LGAG.L.
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Drawdown Indicators
| VGEK.DE | LGAG.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -36.64% | -39.10% | +2.46% |
Max Drawdown (1Y)Largest decline over 1 year | -12.88% | -6.32% | -6.56% |
Max Drawdown (3Y)Largest decline over 3 years | -19.68% | -25.16% | +5.48% |
Max Drawdown (5Y)Largest decline over 5 years | -19.68% | -25.16% | +5.48% |
Current DrawdownCurrent decline from peak | -3.76% | -2.13% | -1.63% |
Average DrawdownAverage peak-to-trough decline | -6.08% | -10.21% | +4.13% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.32% | 2.20% | +1.12% |
Volatility
VGEK.DE vs. LGAG.L - Volatility Comparison
Vanguard FTSE Developed Asia Pacific ex Japan UCITS ETF (USD) Accumulating (VGEK.DE) has a higher volatility of 10.20% compared to L&G Asia Pacific ex Japan Equity UCITS ETF (LGAG.L) at 3.91%. This indicates that VGEK.DE's price experiences larger fluctuations and is considered to be riskier than LGAG.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| VGEK.DE | LGAG.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.20% | 3.91% | +6.29% |
Volatility (6M)Calculated over the trailing 6-month period | 18.52% | 8.93% | +9.59% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.09% | 11.72% | +9.37% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.60% | 21.15% | -4.55% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.60% | 23.07% | -3.47% |
VGEK.DE vs. LGAG.L - Expense Ratio Comparison
VGEK.DE has a 0.15% expense ratio, which is higher than LGAG.L'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
VGEK.DE vs. LGAG.L - Dividend Comparison
Neither VGEK.DE nor LGAG.L has paid dividends to shareholders.
Frequently Asked Questions
VGEK.DE and LGAG.L have a correlation of 0.70, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, LGAG.L is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.
LGAG.L is cheaper with a 0.10% expense ratio, compared with 0.15% for VGEK.DE.
VGEK.DE tracks FTSE Developed Asia Pacific ex Japan, while LGAG.L tracks MSCI Pacific Ex Japan NR USD. They also come from different issuers: Vanguard and Legal & General. Their fees differ too: 0.15% for VGEK.DE and 0.10% for LGAG.L.
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