IND vs. IPAC
IND (Xtrackers Nifty 500 India ETF) and IPAC (iShares Core MSCI Pacific ETF) are both exchange-traded funds - IND is a India Equities fund tracking the Nifty 500 Index, while IPAC is a Asia Pacific Equities fund tracking the MSCI Pacific Investable Market Index. Both are passively managed. A 0.59 correlation means they provide meaningful diversification when combined. IND charges 0.19%/yr vs 0.09%/yr for IPAC.
Performance
IND vs. IPAC - Performance Comparison
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Returns By Period
In the year-to-date period, IND achieves a -8.13% return, which is significantly lower than IPAC's 13.28% return.
IND
- 1D
- -0.09%
- 1M
- 2.98%
- 6M
- -6.90%
- YTD
- -8.13%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
IPAC
- 1D
- -1.50%
- 1M
- 0.55%
- 6M
- 8.51%
- YTD
- 13.28%
- 1Y
- 27.10%
- 3Y*
- 15.99%
- 5Y*
- 7.79%
- 10Y*
- 8.77%
IND vs. IPAC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
IND Xtrackers Nifty 500 India ETF | -8.13% | -0.34% |
IPAC iShares Core MSCI Pacific ETF | 13.28% | 2.97% |
Correlation
The correlation between IND and IPAC is 0.59, 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 | 0.59 |
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Return for Risk
IND vs. IPAC — Risk / Return Rank
IND
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
IPAC
IND vs. IPAC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers Nifty 500 India ETF (IND) and iShares Core MSCI Pacific ETF (IPAC). 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.
| IND | IPAC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.29 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 2.37 | — |
| Martin ratioReturn relative to average drawdown | — | 8.37 | — |
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Drawdowns
IND vs. IPAC - Drawdown Comparison
The maximum IND drawdown since its inception was -18.75%, smaller than the maximum IPAC drawdown of -30.99%. Use the drawdown chart below to compare losses from any high point for IND and IPAC.
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Drawdown Indicators
| IND | IPAC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -18.75% | -30.99% | +12.24% |
Max Drawdown (1Y)Largest decline over 1 year | — | -11.49% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -15.45% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -29.64% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -30.99% | — |
Current DrawdownCurrent decline from peak | -9.32% | -2.53% | -6.79% |
Average DrawdownAverage peak-to-trough decline | -7.86% | -7.43% | -0.43% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 3.24% | — |
Volatility
IND vs. IPAC - Volatility Comparison
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Volatility by Period
| IND | IPAC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 5.94% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 14.54% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 19.29% | 17.38% | +1.91% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.29% | 16.81% | +2.48% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.29% | 16.60% | +2.69% |
IND vs. IPAC - Expense Ratio Comparison
IND has a 0.19% expense ratio, which is higher than IPAC's 0.09% 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
IND vs. IPAC - Dividend Comparison
IND's dividend yield for the trailing twelve months is around 0.34%, less than IPAC's 3.90% 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% |
IPAC iShares Core MSCI Pacific ETF | 3.90% | 4.32% | 3.43% | 3.16% | 2.76% | 4.03% | 1.68% | 3.37% | 2.95% | 2.98% | 2.66% | 2.60% |
Frequently Asked Questions
IND and IPAC have a correlation of 0.59, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, IPAC is cheaper at 0.09% per year. The better choice depends on whether you care most about return, fees, risk, or income.
IPAC is cheaper with a 0.09% expense ratio, compared with 0.19% for IND.
IPAC has the higher dividend yield at 3.90%, compared with 0.34% for IND.
IND is categorized as India Equities, while IPAC is Asia Pacific Equities. IND tracks Nifty 500 Index, while IPAC tracks MSCI Pacific Investable Market Index. They also come from different issuers: Xtrackers and iShares. Their fees differ too: 0.19% for IND and 0.09% for IPAC.
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