IND vs. IPAC
IND (Xtrackers Nifty 500 India ETF) and IPAC (iShares Core MSCI Pacific ETF) are both Asia Pacific Equities funds - IND tracks the Nifty 500 Index while IPAC tracks the MSCI Pacific Investable Market Index. Both are passively managed. A 0.60 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 -8.05% return, which is significantly lower than IPAC's 12.43% return.
IND
- 1D
- -1.22%
- 1M
- 2.92%
- YTD
- -8.05%
- 6M
- -9.01%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
IPAC
- 1D
- -3.27%
- 1M
- 0.51%
- YTD
- 12.43%
- 6M
- 11.54%
- 1Y
- 27.68%
- 3Y*
- 17.02%
- 5Y*
- 7.72%
- 10Y*
- 9.27%
IND vs. IPAC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
IND Xtrackers Nifty 500 India ETF | -8.05% | -0.34% |
IPAC iShares Core MSCI Pacific ETF | 12.43% | 2.97% |
Correlation
The correlation between IND and IPAC is 0.60, 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 | 0.60 |
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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 | — | 1.30 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 2.42 | — |
| Martin ratioReturn relative to average drawdown | — | 8.62 | — |
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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 | -9.25% | -3.27% | -5.98% |
Average DrawdownAverage peak-to-trough decline | -7.76% | -7.46% | -0.30% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 3.22% | — |
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 | — | 6.43% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 14.30% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 20.00% | 17.29% | +2.71% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.00% | 16.80% | +3.20% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.00% | 16.60% | +3.40% |
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 3.93% 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 | 3.93% | 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 0.60, 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 3.93%, compared with 0.34% for IND.
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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