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IPAC vs. IDEV
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between IPAC and IDEV is 0.89, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.


-0.50.00.51.00.9

Performance

IPAC vs. IDEV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares Core MSCI Pacific ETF (IPAC) and iShares Core MSCI International Developed Markets ETF (IDEV). The values are adjusted to include any dividend payments, if applicable.

40.00%50.00%60.00%70.00%JulyAugustSeptemberOctoberNovemberDecember
50.86%
59.40%
IPAC
IDEV

Key characteristics

Sharpe Ratio

IPAC:

0.75

IDEV:

0.65

Sortino Ratio

IPAC:

1.12

IDEV:

0.96

Omega Ratio

IPAC:

1.14

IDEV:

1.12

Calmar Ratio

IPAC:

1.03

IDEV:

1.05

Martin Ratio

IPAC:

3.30

IDEV:

2.74

Ulcer Index

IPAC:

3.42%

IDEV:

3.00%

Daily Std Dev

IPAC:

15.08%

IDEV:

12.69%

Max Drawdown

IPAC:

-30.99%

IDEV:

-34.77%

Current Drawdown

IPAC:

-6.02%

IDEV:

-7.80%

Returns By Period

In the year-to-date period, IPAC achieves a 7.65% return, which is significantly higher than IDEV's 5.21% return.


IPAC

YTD

7.65%

1M

1.33%

6M

4.49%

1Y

11.20%

5Y (annualized)

4.26%

10Y (annualized)

5.71%

IDEV

YTD

5.21%

1M

-0.18%

6M

0.18%

1Y

7.91%

5Y (annualized)

5.27%

10Y (annualized)

N/A

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


IPAC vs. IDEV - Expense Ratio Comparison

IPAC has a 0.09% expense ratio, which is higher than IDEV's 0.05% 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%.


IPAC
iShares Core MSCI Pacific ETF
Expense ratio chart for IPAC: current value at 0.09% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.09%
Expense ratio chart for IDEV: current value at 0.05% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.05%

Risk-Adjusted Performance

IPAC vs. IDEV - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Core MSCI Pacific ETF (IPAC) and iShares Core MSCI International Developed Markets ETF (IDEV). 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.


Sharpe ratio
The chart of Sharpe ratio for IPAC, currently valued at 0.75, compared to the broader market0.002.004.000.750.65
The chart of Sortino ratio for IPAC, currently valued at 1.12, compared to the broader market-2.000.002.004.006.008.0010.001.120.96
The chart of Omega ratio for IPAC, currently valued at 1.14, compared to the broader market0.501.001.502.002.503.001.141.12
The chart of Calmar ratio for IPAC, currently valued at 1.03, compared to the broader market0.005.0010.0015.001.031.05
The chart of Martin ratio for IPAC, currently valued at 3.30, compared to the broader market0.0020.0040.0060.0080.00100.003.302.74
IPAC
IDEV

The current IPAC Sharpe Ratio is 0.75, which is comparable to the IDEV Sharpe Ratio of 0.65. The chart below compares the historical Sharpe Ratios of IPAC and IDEV, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.501.001.502.00JulyAugustSeptemberOctoberNovemberDecember
0.75
0.65
IPAC
IDEV

Dividends

IPAC vs. IDEV - Dividend Comparison

IPAC's dividend yield for the trailing twelve months is around 5.16%, more than IDEV's 3.04% yield.


TTM2023202220212020201920182017201620152014
IPAC
iShares Core MSCI Pacific ETF
5.16%3.16%2.76%4.03%1.68%3.37%2.95%2.98%2.66%2.60%0.96%
IDEV
iShares Core MSCI International Developed Markets ETF
3.04%3.06%2.69%3.05%2.00%3.19%3.16%1.54%0.00%0.00%0.00%

Drawdowns

IPAC vs. IDEV - Drawdown Comparison

The maximum IPAC drawdown since its inception was -30.99%, smaller than the maximum IDEV drawdown of -34.77%. Use the drawdown chart below to compare losses from any high point for IPAC and IDEV. For additional features, visit the drawdowns tool.


-10.00%-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-6.02%
-7.80%
IPAC
IDEV

Volatility

IPAC vs. IDEV - Volatility Comparison

iShares Core MSCI Pacific ETF (IPAC) has a higher volatility of 3.48% compared to iShares Core MSCI International Developed Markets ETF (IDEV) at 3.14%. This indicates that IPAC's price experiences larger fluctuations and is considered to be riskier than IDEV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%3.00%4.00%5.00%6.00%7.00%8.00%JulyAugustSeptemberOctoberNovemberDecember
3.48%
3.14%
IPAC
IDEV
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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