VPADX vs. TWN
VPADX (Vanguard Pacific Stock Index Fund Admiral Shares) and TWN (The Taiwan Fund Inc.) are both mutual funds - VPADX is a Asia Pacific Equities fund managed by Vanguard, while TWN is a Taiwan Equities fund managed by Nomura Asset Management. Over the past 10 years, VPADX returned 10.12%/yr vs 28.37%/yr for TWN. A 0.54 correlation means they provide meaningful diversification when combined.
Performance
VPADX vs. TWN - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, VPADX achieves a 25.55% return, which is significantly lower than TWN's 75.91% return. Over the past 10 years, VPADX has underperformed TWN with an annualized return of 10.12%, while TWN has yielded a comparatively higher 28.37% annualized return.
VPADX
- 1D
- 0.59%
- 1M
- -0.65%
- 6M
- 19.27%
- YTD
- 25.55%
- 1Y
- 45.02%
- 3Y*
- 21.49%
- 5Y*
- 9.96%
- 10Y*
- 10.12%
TWN
- 1D
- -1.01%
- 1M
- -0.94%
- 6M
- 72.36%
- YTD
- 75.91%
- 1Y
- 131.30%
- 3Y*
- 55.82%
- 5Y*
- 29.33%
- 10Y*
- 28.37%
VPADX vs. TWN - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
VPADX Vanguard Pacific Stock Index Fund Admiral Shares | 25.55% | 33.15% | 1.24% | 15.55% | -15.24% | 1.46% | 16.56% | 17.57% | -13.92% | 28.62% |
TWN The Taiwan Fund Inc. | 75.91% | 54.11% | 32.76% | 51.73% | -38.54% | 58.14% | 40.71% | 47.00% | -19.15% | 33.80% |
Correlation
The correlation between VPADX and TWN is 0.52, 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 | 0.52 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.50 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.54 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.56 |
Correlation (All Time) Calculated using the full available price history since Aug 13, 2001 | 0.54 |
The correlation between VPADX and TWN has been stable across timeframes, ranging from 0.50 to 0.56 - 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
VPADX vs. TWN — Risk / Return Rank
VPADX
TWN
VPADX vs. TWN - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Pacific Stock Index Fund Admiral Shares (VPADX) and The Taiwan Fund Inc. (TWN). 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.
| VPADX | TWN | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.45 | ||
| Sortino ratioReturn per unit of downside risk | -2.17 | ||
| Omega ratioGain probability vs. loss probability | 1.38 | 1.66 | -0.28 |
| Calmar ratioReturn relative to maximum drawdown | 3.30 | 13.93 | -10.62 |
| Martin ratioReturn relative to average drawdown | 11.71 | 38.28 | -26.57 |
Loading charts...
Drawdowns
VPADX vs. TWN - Drawdown Comparison
The maximum VPADX drawdown since its inception was -55.28%, smaller than the maximum TWN drawdown of -79.52%. Use the drawdown chart below to compare losses from any high point for VPADX and TWN.
Loading charts...
Drawdown Indicators
| VPADX | TWN | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -55.28% | -79.52% | +24.24% |
Max Drawdown (1Y)Largest decline over 1 year | -13.41% | -9.48% | -3.93% |
Max Drawdown (3Y)Largest decline over 3 years | -16.37% | -29.97% | +13.60% |
Max Drawdown (5Y)Largest decline over 5 years | -31.17% | -51.72% | +20.55% |
Max Drawdown (10Y)Largest decline over 10 years | -33.67% | -51.72% | +18.05% |
Current DrawdownCurrent decline from peak | -5.38% | -7.52% | +2.14% |
Average DrawdownAverage peak-to-trough decline | -11.72% | -37.32% | +25.60% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.78% | 3.45% | +0.33% |
Volatility
VPADX vs. TWN - Volatility Comparison
The current volatility for Vanguard Pacific Stock Index Fund Admiral Shares (VPADX) is 11.17%, while The Taiwan Fund Inc. (TWN) has a volatility of 12.27%. This indicates that VPADX experiences smaller price fluctuations and is considered to be less risky than TWN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| VPADX | TWN | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.17% | 12.27% | -1.10% |
Volatility (6M)Calculated over the trailing 6-month period | 19.49% | 26.31% | -6.82% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.91% | 29.58% | -7.67% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.29% | 24.57% | -7.28% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.58% | 22.87% | -6.29% |
Dividends
VPADX vs. TWN - Dividend Comparison
VPADX's dividend yield for the trailing twelve months is around 2.65%, less than TWN's 6.60% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TWN The Taiwan Fund Inc. | 6.60% | 11.62% | 19.14% | 1.26% | 0.00% | 7.78% | 12.91% | 8.26% | 11.27% | 3.16% | 0.00% | 0.00% |
VPADX Vanguard Pacific Stock Index Fund Admiral Shares | 2.65% | 3.99% | 3.13% | 3.09% | 2.73% | 3.15% | 1.79% | 2.83% | 3.03% | 2.57% | 2.65% | 2.43% |
Frequently Asked Questions
VPADX and TWN have a correlation of 0.52, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
TWN has higher volatility (12.27%) compared to VPADX (11.17%). In terms of maximum drawdown, VPADX dropped -55.28% vs TWN's -79.52%.
TWN currently has the higher Sharpe Ratio (4.47 vs 2.02), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for VPADX and TWN
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