INDZ vs. IPAC
INDZ (VanEck India Select ETF) and IPAC (iShares Core MSCI Pacific ETF) are both Asia Pacific Equities funds. INDZ is actively managed, while IPAC is passively managed. A 0.67 correlation means they provide meaningful diversification when combined. INDZ charges 0.75%/yr vs 0.09%/yr for IPAC.
Performance
INDZ vs. IPAC - Performance Comparison
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Returns By Period
INDZ
- 1D
- -0.34%
- 1M
- 2.06%
- YTD
- —
- 6M
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
IPAC
- 1D
- 0.26%
- 1M
- -0.30%
- YTD
- 13.04%
- 6M
- 12.31%
- 1Y
- 24.22%
- 3Y*
- 16.62%
- 5Y*
- 7.99%
- 10Y*
- 9.10%
INDZ vs. IPAC - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
INDZ VanEck India Select ETF | 2.40% |
IPAC iShares Core MSCI Pacific ETF | 0.69% |
Correlation
The correlation between INDZ and IPAC is 0.67, 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 Feb 19, 2026 | 0.67 |
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Return for Risk
INDZ vs. IPAC — Risk / Return Rank
INDZ
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
IPAC
INDZ vs. IPAC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for VanEck India Select ETF (INDZ) 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.
| INDZ | IPAC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.27 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 2.12 | — |
| Martin ratioReturn relative to average drawdown | — | 7.50 | — |
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Drawdowns
INDZ vs. IPAC - Drawdown Comparison
The maximum INDZ drawdown since its inception was -15.19%, smaller than the maximum IPAC drawdown of -30.99%. Use the drawdown chart below to compare losses from any high point for INDZ and IPAC.
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Drawdown Indicators
| INDZ | IPAC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -15.19% | -30.99% | +15.80% |
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 | -1.50% | -2.74% | +1.24% |
Average DrawdownAverage peak-to-trough decline | -4.59% | -7.45% | +2.86% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 3.24% | — |
Volatility
INDZ vs. IPAC - Volatility Comparison
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Volatility by Period
| INDZ | IPAC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 6.32% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 14.28% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 24.15% | 17.20% | +6.95% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.15% | 16.80% | +7.35% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.15% | 16.58% | +7.57% |
INDZ vs. IPAC - Expense Ratio Comparison
INDZ has a 0.75% expense ratio, which is higher than IPAC's 0.09% expense ratio.
Dividends
INDZ vs. IPAC - Dividend Comparison
INDZ has not paid dividends to shareholders, while IPAC's dividend yield for the trailing twelve months is around 3.91%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
INDZ VanEck India Select ETF | 0.00% | 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 | 3.91% | 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
INDZ and IPAC have a correlation of 0.67, 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 0.75% for INDZ.
IPAC has the higher dividend yield at 3.91%, compared with 0.00% for INDZ.
They also come from different issuers: VanEck and iShares. Their fees differ too: 0.75% for INDZ and 0.09% for IPAC.
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