IPAC — iShares Core MSCI Pacific ETF

IPAC Price Performance — Growth of $10,000

Value of a $10,000 investment in IPAC over time, compared with SPY. Both lines are rebased to $10,000 on the first shared date. Based on total returns — prices are adjusted for dividends and splits, so this assumes distributions were reinvested. Hover or tap the chart for exact values.

IPAC Drawdown

The "underwater" chart: IPAC's decline from its highest prior value at each point in time. It shows how deep past losses ran and how long the fund took to recover to break-even.

Overview

The iShares Core MSCI Pacific ETF (IPAC) is an International Developed fund issued by iShares with $2.76 billion in assets under management. It holds a B grade and ranks 10 of 22 within its category, placing it at #129 of 458 tracked ETFs overall. The fund’s 0.09% expense ratio sits below the category median of 0.165%, while its 3.86% dividend yield exceeds the median of 3.12%. Top 10 holdings comprise 18.4% of assets, with Mitsubishi UFJ Financial Group, Inc. representing the largest single position at 2.6%.

Price action shows the fund trading at 71.7% of its 52-week range, reflecting a recent 1D decline of 0.54% and a 1W drop of 0.90%. Short-term momentum contrasts with longer-term gains, as the 1Y return of 16.46% outperforms the category median of 13.09%. The 3Y return stands at 71.43%, indicating sustained growth over the available 3.0 years of price history. The ETFValuer grade has remained unchanged at B across the last 35 tracked days.

With a beta of 0.85, the fund exhibits lower sensitivity to market movements compared to the broader index. Annualized volatility of 17.46% is classified as Moderate, while a maximum drawdown of -15.46% highlights the peak-to-trough decline experienced. A Sharpe ratio of 0.66 suggests moderate risk-adjusted returns relative to the risk taken. Liquidity is supported by an average daily volume of 91,120 shares.

AI-generated summary based on the data on this page.

IPAC Top Holdings

Holdings as of 2026-07-31 per the fund's most recent SEC N-PORT-P filing. Top 10 holdings make up 18.4% of net assets — a rough gauge of concentration risk (the higher this figure, the more the fund's return depends on a handful of names). To see how IPAC's holdings overlap with other ETFs you own or are considering, check the Stock Overlap tool.

Which Funds Overlap With IPAC

Holding two funds that own the same companies adds cost and complexity without adding much diversification. These tracked ETFs share the most names with IPAC's top 10 — BBJP overlaps most, holding 8 of the same companies as IPAC's top 10 (13.8% of IPAC's assets).

Compares the top 10 reported holdings of each fund, so it's a floor on true overlap — two S&P 500 trackers overlap ~100% even when only 10 names are listed. Use the Stock Overlap tool to search by individual company.

Market Backdrop

10-Year Treasury Yield: 4.96% (as of 2026-10-22) — The yield on 10-year US Treasury bonds — the standard "risk-free rate" benchmark used to contextualize this fund’s Sharpe ratio and returns.

CBOE Volatility Index (VIX): 19.03 (as of 2026-10-22) — A real-time gauge of expected S&P 500 volatility over the next 30 days — useful context for this fund’s own volatility label.

Federal Funds Rate: 3.75% (as of 2026-09-01) — The Federal Reserve’s target policy rate, which anchors short-term borrowing costs across the economy.

Trade-Weighted US Dollar Index: 121.40 (as of 2026-10-16) — Measures the US dollar’s strength against major trading-partner currencies — dollar moves directly affect the US-dollar value of this fund’s international holdings.

IPAC Liquidity, Domicile & Tax Treatment

Liquidity: Average daily volume is 91K/day. Higher volume and a larger fund generally mean lower round-trip trading costs. AUM of $2.76B provides ample scale, supporting tight spreads and issuer commitment to keep the fund open.

Domicile & tax treatment: IPAC is a US-domiciled, SEC-registered ('40 Act) exchange-traded fund. Dividends and capital gains distributions are reported to US investors on Form 1099-DIV, and the fund is not subject to the PFIC reporting or UCITS-specific rules that apply to Irish- or Luxembourg-domiciled funds. Non-US investors should note that US-domiciled ETFs are generally subject to 30% US withholding tax on dividends (unless reduced by treaty) and to US estate tax exposure on the position — Irish-domiciled UCITS ETFs tracking the same index often avoid both, which is why non-US residents frequently prefer the UCITS equivalent where one exists. This is general information, not tax advice — consult a tax professional for your situation.

IPAC Performance History

How IPAC Compares to Other International Developed ETFs