Best Asia funds
Ranking of the top 20 Asia funds (Equity) by composite score (risk-adjusted return). Updated 18/10/2026.
This page ranks 20 Asia funds, a subcategory of Equity, ordered by a composite score that rewards risk-adjusted return and curve stability while penalizing drawdowns. Use it to compare options within the same investment style before exploring each fund's history in the interactive view.
ℹ️ Methodology: period and indicators
All indicators are computed over the last 3 years of prices, with daily data. The risk-free rate used is 2.0%.
Score formula (risk-adjusted return):
0.15·R² + 0.15·Sortino* + 0.2·DD* + 0.2·CAGR_excess* + 0.1·Volatility_inv* + 0.2·Ulcer_inv*
* Components normalized to the analyzed set of funds (best in set = 1, worst = 0). The drawdown term is 1 − (MaxDD / 30.0%)3, clamped to [0,1]. Volatility and Ulcer are inverted (less = better).
A higher score means better relative behavior within the analyzed set, not an investment recommendation.
🏆 Ranking
| # | ISIN | Name | Score | R² | Total Ret. | Annual Ret. | Volatility | Sharpe | Sortino | Max Drawdown | Calmar |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | IE00BGK1Q390 | COMGEST GROWTH ASIA ACC EUR | 0.599 | 0.928 | 53.10% | 32.49% | 19.73% | 1.54 | 1.47 | 12.41% | 2.62 |
| 2 | IE000QYL1XE8 | MAN GLG ASIA EXJAP EQT EUR ACC | 0.565 | 0.915 | 37.04% | 25.48% | 23.25% | 1.01 | 0.99 | 14.12% | 1.80 |
| 3 | LU1670618187 | M&G (Lux) Asian Fund EUR A Acc | 0.559 | 0.946 | 83.02% | 22.25% | 17.34% | 1.17 | 1.07 | 18.15% | 1.23 |
| 4 | LU0644935313 | SWC (LU) EF Small & Mid Caps Jpn AT EUR | 0.555 | 0.915 | 69.95% | 19.28% | 18.36% | 0.94 | 0.90 | 17.37% | 1.11 |
| 5 | LU0194438841 | BNP Paribas Japan Small Cap EUR | 0.553 | 0.922 | 126.21% | 31.17% | 19.92% | 1.46 | 1.36 | 19.66% | 1.59 |
| 6 | LU0084617165 | ASIA PACIFIC EQUITIES D AC EUR | 0.551 | 0.904 | 79.25% | 21.43% | 18.74% | 1.04 | 1.00 | 17.55% | 1.22 |
| 7 | IE00B3XFBR64 | JAPAN STRAT VAL FUND A ACC EUR | 0.547 | 0.912 | 60.37% | 17.00% | 18.25% | 0.82 | 0.79 | 17.41% | 0.98 |
| 8 | IE00B8H6X308 | Federated Hermes Asia ex-Japan Equity Fund Class F Acc | 0.544 | 0.942 | 67.54% | 18.71% | 19.01% | 0.88 | 0.83 | 17.53% | 1.07 |
| 9 | IE00B88WFS66 | Federated Hermes Asia ex-Japan Equity Fund Class R Acc | 0.543 | 0.939 | 63.94% | 17.86% | 18.09% | 0.88 | 0.82 | 17.56% | 1.02 |
| 10 | IE00BDZVHT63 | Fidelity MSCI Pacific ex-Japan Index Fund P-ACC-USD | 0.542 | 0.911 | 47.42% | 13.77% | 13.39% | 0.88 | 0.82 | 19.71% | 0.70 |
| 11 | IE00B523L313 | Vanguard Pacific ex-Japan Stock Index Fund GBP Acc | 0.542 | 0.910 | 47.29% | 13.73% | 13.36% | 0.88 | 0.83 | 19.72% | 0.70 |
| 12 | IE0007218849 | Vanguard Pacific ex-Japan Stock Index USD INS | 0.542 | 0.910 | 47.29% | 13.73% | 13.36% | 0.88 | 0.83 | 19.72% | 0.70 |
| 13 | IE0007201266 | Vanguard Pacific ex-Japan Stock Index Fund EUR Acc | 0.542 | 0.910 | 47.29% | 13.73% | 13.36% | 0.88 | 0.83 | 19.72% | 0.70 |
| 14 | IE0006HF7G98 | NOMURA FD IRELAND TAIWAN EQ A | 0.542 | 0.948 | 233.80% | 122.66% | 37.19% | 3.24 | 3.23 | 28.04% | 4.37 |
| 15 | IE00BDRK7R97 | iShares Pacific Index Fund (IE) D Acc EUR | 0.541 | 0.911 | 46.61% | 13.57% | 13.93% | 0.83 | 0.76 | 19.70% | 0.69 |
| 16 | IE00B1W56S93 | iShares Pacific Index (IE) Instl Acc USD | 0.541 | 0.911 | 46.47% | 13.54% | 13.93% | 0.83 | 0.76 | 19.70% | 0.69 |
| 17 | IE00B56H2V49 | iShares Pacific Index (IE) Instl Acc EUR | 0.540 | 0.911 | 46.47% | 13.54% | 13.94% | 0.83 | 0.76 | 19.71% | 0.69 |
| 18 | IE00BBL4VW61 | Federated Hermes Asia ex-Japan Equity Fund Class R Acc | 0.540 | 0.938 | 63.81% | 17.82% | 19.01% | 0.83 | 0.79 | 17.61% | 1.01 |
| 19 | LU0474967055 | Pictet-Pacific Ex Japan Index P EUR | 0.540 | 0.902 | 45.31% | 13.24% | 13.28% | 0.85 | 0.79 | 19.69% | 0.67 |
| 20 | LU0836512961 | iShares Pacific ex Japan Equity Index Fund (LU) A2 USD | 0.539 | 0.904 | 44.89% | 13.11% | 13.69% | 0.81 | 0.77 | 19.65% | 0.67 |
📊 Compared evolution (base 100)
❓ Frequently asked questions
How is the fund ranking calculated?
Each fund gets a composite score from 0 to 1 that combines risk-adjusted return (excess CAGR and Sortino), curve stability (R² and inverted volatility) and drawdown control (a non-linear penalty plus the Ulcer Index). Funds are then ordered by that score.
What does the score mean for Asia funds?
A higher score means better relative behavior within the analyzed set: more stable growth and smaller drawdowns for the return achieved. It is a comparison tool, not an investment recommendation.
How often is the data updated?
The ranking is recomputed from daily NAV data each time the site is regenerated. This page was last updated on 18/10/2026.
Is this investment advice?
No. All content is educational and based on historical data. Past performance does not guarantee future results. Consult a licensed advisor before investing.