VPL vs. IND

Last updated Jun 24, 2026

VPL (Vanguard FTSE Pacific ETF) and IND (Xtrackers Nifty 500 India ETF) are both Asia Pacific Equities funds - VPL tracks the FTSE Developed Asia Pacific Index while IND tracks the Nifty 500 Index. Both are passively managed. A 0.53 correlation means they provide meaningful diversification when combined. VPL charges 0.08%/yr vs 0.19%/yr for IND.

Performance

VPL vs. IND - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard FTSE Pacific ETF (VPL) and Xtrackers Nifty 500 India ETF (IND). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, VPL achieves a 25.73% return, which is significantly higher than IND's -8.05% return.

VPL

• 1D: -5.86%
• 1M: 1.56%
• YTD: 25.73%
• 6M: 25.83%
• 1Y: 47.86%
• 3Y*: 22.03%
• 5Y*: 9.86%
• 10Y*: 10.76%

IND

• 1D: -1.22%
• 1M: 2.92%
• YTD: -8.05%
• 6M: -9.01%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

VPL vs. IND - Yearly Performance Comparison

	2026 (YTD)	2025
VPL Vanguard FTSE Pacific ETF	25.73%	4.12%
IND Xtrackers Nifty 500 India ETF	-8.05%	-0.34%

Correlation

The correlation between VPL and IND is 0.53, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Nov 25, 2025	0.53

Return for Risk

VPL vs. IND — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

VPL

VPL Risk / Return Rank: 70
VPL Sharpe Ratio Rank: 70
VPL Sortino Ratio Rank: 61
VPL Omega Ratio Rank: 72
VPL Calmar Ratio Rank: 74
VPL Martin Ratio Rank: 75

IND

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

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.

VPL vs. IND - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard FTSE Pacific ETF (VPL) and Xtrackers Nifty 500 India ETF (IND). 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.

	VPL	IND	Difference
Sharpe ratio: Return per unit of total volatility	2.16	—	—
Sortino ratio: Return per unit of downside risk	2.76	—	—
Omega ratio: Gain probability vs. loss probability	1.40	—	—
Calmar ratio: Return relative to maximum drawdown	3.61	—	—
Martin ratio: Return relative to average drawdown	13.71	—	—

Drawdowns

VPL vs. IND - Drawdown Comparison

The maximum VPL drawdown since its inception was -55.49%, which is greater than IND's maximum drawdown of -18.75%. Use the drawdown chart below to compare losses from any high point for VPL and IND.

Drawdown Indicators

	VPL	IND	Difference
Max Drawdown Largest peak-to-trough decline	-55.49%	-18.75%	-36.74%
Max Drawdown (1Y) Largest decline over 1 year	-13.33%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-16.35%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-31.09%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-33.90%	—	—
Current Drawdown Current decline from peak	-5.86%	-9.25%	+3.39%
Average Drawdown Average peak-to-trough decline	-11.61%	-7.76%	-3.85%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.50%	—	—

Volatility

Volatility by Period

	VPL	IND	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.91%	—	—
Volatility (6M) Calculated over the trailing 6-month period	19.95%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	22.25%	20.00%	+2.25%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.93%	20.00%	-2.07%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.52%	20.00%	-2.48%

VPL vs. IND - Expense Ratio Comparison

VPL has a 0.08% expense ratio, which is lower than IND'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

VPL vs. IND - Dividend Comparison

VPL's dividend yield for the trailing twelve months is around 2.66%, more than IND's 0.34% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
IND Xtrackers Nifty 500 India ETF	0.34%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
VPL Vanguard FTSE Pacific ETF	2.66%	4.01%	3.15%	3.12%	2.75%	3.19%	1.81%	2.84%	3.06%	2.57%	2.65%	2.43%

Frequently Asked Questions

Can I hold both VPL and IND in my portfolio?

VPL and IND have a correlation of 0.53, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, VPL or IND?

On fees, VPL is cheaper at 0.08% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, VPL or IND?

VPL is cheaper with a 0.08% expense ratio, compared with 0.19% for IND.

Which ETF pays a higher dividend yield, VPL or IND?

VPL has the higher dividend yield at 2.66%, compared with 0.34% for IND.

What is the main difference between VPL and IND?

VPL tracks FTSE Developed Asia Pacific Index, while IND tracks Nifty 500 Index. They also come from different issuers: Vanguard and Xtrackers. Their fees differ too: 0.08% for VPL and 0.19% for IND.