- ISIN
- US46434V6965
- CUSIP
- 46434V696
- Issuer
- iShares
- Inception Date
- Jun 10, 2014
- Region
- Developed Asia Pacific (Broad)
- Category
- Asia Pacific Equities
- Leveraged
- 1x (No leverage)
- Index Tracked
- MSCI Pacific Investable Market Index
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Large-Cap
- Asset Class Style
- Blend
- Assets Under Management
- $3B
Share Price Chart
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Performance
IPAC Performance Chart
iShares Core MSCI Pacific ETF (IPAC) is up 16.2% since the beginning of the year. IPAC is currently trading at $84 per share. Investors who bought $1,000 worth of IPAC shares 5 years ago would now be looking at an investment worth $1,511.
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Returns By Period
iShares Core MSCI Pacific ETF (IPAC) has returned 16.23% so far this year and 33.01% over the past 12 months. Over the last ten years, IPAC has returned 9.63% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.
iShares Core MSCI Pacific ETF
- 1D
- 0.37%
- 1M
- 3.91%
- YTD
- 16.23%
- 6M
- 16.46%
- 1Y
- 33.01%
- 3Y*
- 18.33%
- 5Y*
- 8.61%
- 10Y*
- 9.63%
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
IPAC Monthly Returns History
Based on dividend-adjusted daily data since Jun 12, 2014, IPAC's average daily return is +0.03%, while the average monthly return is +0.68%. At this rate, an investment would double in approximately 8.5 years.
Historically, 62% of months were positive and 38% were negative. The best month was Nov 2022 with a return of +13.0%, while the worst month was Mar 2020 at -11.2%. The longest winning streak lasted 13 consecutive months, and the longest losing streak was 3 months.
On a daily basis, IPAC closed higher 53% of trading days. The best single day was Apr 9, 2025 with a return of +8.1%, while the worst single day was Mar 12, 2020 at -10.5%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 6.17% | 7.23% | -8.21% | 5.22% | 3.11% | 2.52% | 16.23% | ||||||
| 2025 | 1.72% | 0.21% | -0.06% | 4.18% | 4.07% | 3.09% | -0.80% | 6.02% | 1.63% | 1.76% | -0.01% | 1.08% | 25.16% |
| 2024 | 0.15% | 3.49% | 2.64% | -4.68% | 3.21% | -0.44% | 3.84% | 2.36% | 2.34% | -5.78% | 2.73% | -3.22% | 6.18% |
| 2023 | 8.22% | -5.75% | 3.34% | 0.48% | -1.94% | 4.42% | 3.36% | -3.64% | -2.80% | -2.57% | 5.91% | 5.71% | 14.51% |
| 2022 | -5.06% | 0.03% | 0.41% | -7.29% | 1.06% | -7.32% | 5.75% | -4.09% | -9.08% | 1.48% | 13.03% | -1.45% | -13.68% |
| 2021 | -0.40% | 2.67% | 1.06% | -0.00% | 1.94% | -1.05% | -0.69% | 1.41% | 0.21% | -0.19% | -4.64% | 2.97% | 3.09% |
Benchmark Metrics
iShares Core MSCI Pacific ETF has an annualized alpha of -1.02%, beta of 0.76, and R2 of 0.64 versus S&P 500 Index. Calculated based on daily prices since June 12, 2014.
- This ETF participated in 80.48% of S&P 500 Index downside but only 67.53% of its upside - more exposed to losses than it benefited from rallies.
- Alpha
- -1.02%
- Beta
- 0.76
- R²
- 0.64
- Upside Capture
- 67.53%
- Downside Capture
- 80.48%
Expense Ratio
IPAC has an expense ratio of 0.09%, which is considered low.
Return for Risk
Risk / Return Rank
IPAC ranks 60 for risk / return — better than 60% of ETFs on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for iShares Core MSCI Pacific ETF (IPAC) and compare them to S&P 500 Index.
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.
| IPAC | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.07 | ||
| Sortino ratioReturn per unit of downside risk | -0.03 | ||
| Omega ratioGain probability vs. loss probability | 1.36 | 1.37 | -0.01 |
| Calmar ratioReturn relative to maximum drawdown | 2.89 | 2.78 | +0.10 |
| Martin ratioReturn relative to average drawdown | 10.30 | 12.44 | -2.13 |
Dividends
Dividend History
iShares Core MSCI Pacific ETF provided a 3.80% dividend yield over the last twelve months, with an annual payout of $3.20 per share. The fund has been increasing its distributions for 3 consecutive years.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $3.20 | $3.16 | $2.09 | $1.88 | $1.48 | $2.57 | $1.08 | $1.97 | $1.49 | $1.78 | $1.30 | $1.24 |
Dividend yield | 3.80% | 4.32% | 3.43% | 3.16% | 2.76% | 4.03% | 1.68% | 3.37% | 2.95% | 2.98% | 2.66% | 2.60% |
Monthly Dividends
The table displays the monthly dividend distributions for iShares Core MSCI Pacific ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.88 | $0.88 | ||||||
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.85 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $2.32 | $3.16 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.80 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.29 | $2.09 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.78 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.11 | $1.88 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.95 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.53 | $1.48 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.81 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.76 | $2.57 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the iShares Core MSCI Pacific ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the iShares Core MSCI Pacific ETF was 30.99%, occurring on Mar 23, 2020. Recovery took 161 trading sessions.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
COVID crash2020 | -30.99%Mar 2020 | 2y 1mo | 7mo 21d | 2y 9moJan 2018 - Nov 2020 |
Bear market2022 | -29.64%Oct 2022 | 1y 1mo | 1y 9mo | 2y 10moSep 2021 - Jul 2024 |
2016 bear market2016 | -22.39%Feb 2016 | 9mo 18d | 1y | 1y 9moApr 2015 - Feb 2017 |
2025 selloff2025 | -15.45%Apr 2025 | 6mo 12d | 1mo 5d | 7mo 17dSep 2024 - May 2025 |
2026 correction2026 | -11.49%Mar 2026 | 1mo 6d | 2mo 28d | 4mo 4dFeb 2026 - Jun 2026 |
Drawdown Indicators
| IPAC | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -30.99% | -56.78% | +25.79% |
Max Drawdown (1Y)Largest decline over 1 year | -11.49% | -9.10% | -2.39% |
Max Drawdown (3Y)Largest decline over 3 years | -15.45% | -18.90% | +3.45% |
Max Drawdown (5Y)Largest decline over 5 years | -29.64% | -25.43% | -4.21% |
Max Drawdown (10Y)Largest decline over 10 years | -30.99% | -33.92% | +2.93% |
Current DrawdownCurrent decline from peak | 0.00% | -1.80% | +1.80% |
Average DrawdownAverage peak-to-trough decline | -7.46% | -10.71% | +3.25% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.21% | 2.03% | +1.18% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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