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IPAC vs. VPADX
Performance
Return for Risk
Drawdowns
Volatility
Dividends

IPAC vs. VPADX

Last updated Jun 4, 2026

IPAC (iShares Core MSCI Pacific ETF) and VPADX (Vanguard Pacific Stock Index Fund Admiral Shares) are both Asia Pacific Equities funds. Over the past 10 years, IPAC returned 9.13%/yr vs 10.84%/yr for VPADX. Their correlation of 0.94 suggests significant overlap in exposure. IPAC charges 0.09%/yr vs 0.10%/yr for VPADX.

Performance

IPAC vs. VPADX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares Core MSCI Pacific ETF (IPAC) and Vanguard Pacific Stock Index Fund Admiral Shares (VPADX). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, IPAC achieves a 13.73% return, which is significantly lower than VPADX's 30.38% return. Over the past 10 years, IPAC has underperformed VPADX with an annualized return of 9.13%, while VPADX has yielded a comparatively higher 10.84% annualized return.

IPAC

1D
-0.11%
1M
4.62%
YTD
13.73%
6M
15.39%
1Y
28.03%
3Y*
17.03%
5Y*
7.65%
10Y*
9.13%

VPADX

1D
-0.18%
1M
9.83%
YTD
30.38%
6M
33.51%
1Y
54.13%
3Y*
23.36%
5Y*
10.60%
10Y*
10.84%
*Multi-year figures are annualized to reflect compound growth (CAGR)

IPAC vs. VPADX - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
IPAC
iShares Core MSCI Pacific ETF		13.73%25.16%6.18%14.51%-13.68%3.09%12.39%19.44%-12.78%25.97%
VPADX
Vanguard Pacific Stock Index Fund Admiral Shares		30.38%33.15%1.24%15.55%-15.24%1.46%16.56%17.57%-13.92%28.62%

Correlation

The correlation between IPAC and VPADX is 0.90, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.90

Correlation (3Y)
Calculated over the trailing 3-year period

0.93

Correlation (5Y)
Calculated over the trailing 5-year period

0.94

Correlation (10Y)
Calculated over the trailing 10-year period

0.94

Correlation (All Time)
Calculated using the full available price history since Jun 13, 2014

0.94

The correlation between IPAC and VPADX has been stable across timeframes, ranging from 0.90 to 0.94 - a consistent structural relationship.

IPAC vs. VPADX - Sectors Allocation Comparison

Sectors
IPAC
VPADX

Financial Services

22.9%
19.3%

Industrials

21.3%
20.5%

Technology

12.9%
22.6%

Consumer Cyclical

10.8%
9.6%

Basic Materials

8.2%
7.3%

Communication Services

5.7%
4.8%

Real Estate

5.5%
4.3%

Healthcare

5.3%
5.0%

Consumer Defensive

4.0%
3.5%

Utilities

1.9%
1.6%

Energy

1.8%
1.6%

Financial Services

IPAC
22.9%
VPADX
19.3%

Industrials

IPAC
21.3%
VPADX
20.5%

Technology

IPAC
12.9%
VPADX
22.6%

Consumer Cyclical

IPAC
10.8%
VPADX
9.6%

Basic Materials

IPAC
8.2%
VPADX
7.3%

Communication Services

IPAC
5.7%
VPADX
4.8%

Real Estate

IPAC
5.5%
VPADX
4.3%

Healthcare

IPAC
5.3%
VPADX
5.0%

Consumer Defensive

IPAC
4.0%
VPADX
3.5%

Utilities

IPAC
1.9%
VPADX
1.6%

Energy

IPAC
1.8%
VPADX
1.6%

Compare stocks, funds, or ETFs

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

iShares Core MSCI Pacific ETF

Vanguard Pacific Stock Index Fund Admiral Shares

Often compared with IPAC:
IPAC vs. VPLIPAC vs. IVALIPAC vs. FLCHIPAC vs. IEMGIPAC vs. VEAIPAC vs. ^GSPCIPAC vs. SPY
Often compared with VPADX:
VPADX vs. VPLVPADX vs. VTIAXVPADX vs. FPADXVPADX vs. PIDVPADX vs. VFIAXVPADX vs. VIHAXVPADX vs. SPY

Return for Risk

IPAC vs. VPADX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
IPAC
IPAC Risk / Return Rank: 5050
Overall Rank
IPAC Sharpe Ratio Rank: 4949
Sharpe Ratio Rank
IPAC Sortino Ratio Rank: 5050
Sortino Ratio Rank
IPAC Omega Ratio Rank: 5050
Omega Ratio Rank
IPAC Calmar Ratio Rank: 4949
Calmar Ratio Rank
IPAC Martin Ratio Rank: 5252
Martin Ratio Rank
VPADX
VPADX Risk / Return Rank: 8282
Overall Rank
VPADX Sharpe Ratio Rank: 8888
Sharpe Ratio Rank
VPADX Sortino Ratio Rank: 7878
Sortino Ratio Rank
VPADX Omega Ratio Rank: 7979
Omega Ratio Rank
VPADX Calmar Ratio Rank: 8484
Calmar Ratio Rank
VPADX Martin Ratio Rank: 8181
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

IPAC vs. VPADX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Core MSCI Pacific ETF (IPAC) and Vanguard Pacific Stock Index Fund Admiral Shares (VPADX). 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.

IPACVPADXDifference
Sharpe ratioReturn per unit of total volatility
1.72
2.88

-1.16

Sortino ratioReturn per unit of downside risk
2.45
3.69

-1.24

Omega ratioGain probability vs. loss probability

1.32

1.52

-0.20

Calmar ratioReturn relative to maximum drawdown

2.45

3.96

-1.51

Martin ratioReturn relative to average drawdown

8.83

15.37

-6.53

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

IPAC vs. VPADX - Sharpe Ratio Comparison

The current IPAC Sharpe Ratio is 1.72, which is lower than the VPADX Sharpe Ratio of 2.88. The chart below compares the historical Sharpe Ratios of IPAC and VPADX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Sharpe Ratios by Period

IPACVPADXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.72

2.88

-1.16

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.46

0.65

-0.19

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.55

0.67

-0.12

Sharpe Ratio (All Time)

Calculated using the full available price history

0.45

0.38

+0.07

Drawdowns

IPAC vs. VPADX - Drawdown Comparison

The maximum IPAC drawdown since its inception was -30.99%, smaller than the maximum VPADX drawdown of -55.28%. Use the drawdown chart below to compare losses from any high point for IPAC and VPADX.

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Drawdown Indicators

IPACVPADXDifference

Max Drawdown

Largest peak-to-trough decline

-30.99%

-55.28%

+24.29%

Max Drawdown (1Y)

Largest decline over 1 year

-11.49%

-13.41%

+1.92%

Max Drawdown (3Y)

Largest decline over 3 years

-15.45%

-16.37%

+0.92%

Max Drawdown (5Y)

Largest decline over 5 years

-29.64%

-31.17%

+1.53%

Max Drawdown (10Y)

Largest decline over 10 years

-30.99%

-33.67%

+2.68%

Current Drawdown

Current decline from peak

-0.56%

-0.18%

-0.38%

Average Drawdown

Average peak-to-trough decline

-7.48%

-11.75%

+4.27%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.18%

3.45%

-0.27%

Volatility

IPAC vs. VPADX - Volatility Comparison

The current volatility for iShares Core MSCI Pacific ETF (IPAC) is 4.00%, while Vanguard Pacific Stock Index Fund Admiral Shares (VPADX) has a volatility of 6.40%. This indicates that IPAC experiences smaller price fluctuations and is considered to be less risky than VPADX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

IPACVPADXDifference

Volatility (1M)

Calculated over the trailing 1-month period

4.00%

6.40%

-2.40%

Volatility (6M)

Calculated over the trailing 6-month period

13.09%

15.11%

-2.02%

Volatility (1Y)

Calculated over the trailing 1-year period

16.41%

18.48%

-2.07%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

16.62%

16.43%

+0.19%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

16.58%

16.24%

+0.34%

IPAC vs. VPADX - Expense Ratio Comparison

IPAC has a 0.09% expense ratio, which is lower than VPADX's 0.10% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

IPAC vs. VPADX - Dividend Comparison

IPAC's dividend yield for the trailing twelve months is around 3.80%, more than VPADX's 2.71% yield.

PositionTTM20252024202320222021202020192018201720162015
IPAC
iShares Core MSCI Pacific ETF		3.80%4.32%3.43%3.16%2.76%4.03%1.68%3.37%2.95%2.98%2.66%2.60%
VPADX
Vanguard Pacific Stock Index Fund Admiral Shares		2.71%3.99%3.13%3.09%2.73%3.15%1.79%2.83%3.03%2.57%2.65%2.43%

Frequently Asked Questions

IPAC and VPADX have a correlation of 0.90, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

VPADX has higher volatility (6.40%) compared to IPAC (4.00%). In terms of maximum drawdown, IPAC dropped -30.99% vs VPADX's -55.28%.

VPADX currently has the higher Sharpe Ratio (2.88 vs 1.72), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.

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