IPAC vs IVV
iShares Core MSCI Pacific ETF vs iShares Core S&P 500 ETF
Which is better, IPAC or IVV?
All Cap Blend against Large Cap Blend.
IVV has a lower expense ratio. IPAC led over 1Y, IVV over 3Y, 5Y and the full window. IPAC is less concentrated, with 18.4% of the fund in its ten largest positions against 37.9%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | IPAC | IVV |
|---|---|---|
| Expense Ratio | 0.09% | 0.03%Best |
| AUM | $2.8B | $876.4B |
| Dividend Yield | 3.74% | 1.06% |
| Holdings | 1,383 | 508 |
| YTD Return | +16.23%Best | +11.57% |
| 1Y Return | +20.31%Best | +17.57% |
| 3Y Return (annualized) | +18.19% | +20.71%Best |
| 5Y Return (annualized) | +7.80% | +12.80%Best |
| Volatility (annualized) | 13.8%Best | 14.8% |
| Max Drawdown | -35.1% | -33.9%Best |
| $10,000 over 5 years | $14,558 | $18,262Best |
| Top 10 Weight | 18.4%Best | 37.9% |
| Fund Family | iShares by BlackRock (US) | iShares by BlackRock (US) |
| Category | Equity | Equity |
| Style | All Cap Blend | Large Cap Blend |
| Inception | Jun 10, 2014 | May 15, 2000 |
Volatility and max drawdown are measured over the window both funds cover: Jun 12, 2014 to Sep 10, 2026 (12.2 years).
IPAC vs IVV growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 12.2 years both funds cover.
IPAC vs IVV Performance
iShares Core MSCI Pacific ETF (IPAC) is an ETF from iShares by BlackRock (US) and iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US). Over the past year IPAC returned +20.31% while IVV returned +17.57%. Year to date, IPAC is up 16.23% versus a gain of 11.57% for IVV.
Over three years, IPAC compounded at +18.19% per year against +20.71% for IVV; over five years the annualized figures are +7.80% and +12.80% respectively. Across the full 12-year window we track, IVV has the edge at +12.48% annualized vs +5.97%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 14.8% compared with 13.8% for IPAC. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -35.1% for IPAC and -33.9% for IVV. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.79. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
IPAC charges 0.09% per year while IVV charges 0.03%. On a $10,000 position that is $9 vs $3 annually, a gap of $6 per year that compounds over a long holding period. On income, IPAC currently yields 3.74% against 1.06% for IVV.
Holdings Overlap
0.2% of IVV's money is in holdings IPAC also owns.
We cannot see either book well enough to say how much of this pair is duplicated.
2 positions in common, counted across the 1,366 positions we hold weights for in IPAC and 505 in IVV, against full books of 1,383 and 508.
What only one of them owns
Our book lists 493 positions for IVV that do not appear in our book for IPAC (99.2% of the fund), and 3 for IPAC that do not appear in IVV (0.3%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
You are not choosing between two funds in isolation.
Whichever of IPAC and IVV you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, IPAC or IVV?
IPAC has an expense ratio of 0.09% while IVV charges 0.03%. IVV is the cheaper option, by $6 a year on a $10,000 investment.
Which performed better, IPAC or IVV?
Over the past year IPAC returned +20.31% vs +17.57% for IVV, so IPAC leads on 1-year performance. Over the longest common window we track (12 years), IPAC annualized +5.97% vs +12.48% for IVV. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IPAC or IVV?
IVV has been the more volatile fund at 14.8% annualized versus 13.8% for IPAC. Worst drawdown: IPAC -35.1% vs IVV -33.9%.
Should I hold both IPAC and IVV?
IPAC and IVV have a monthly-return correlation of 0.79, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, IPAC or IVV?
IPAC yields 3.74% while IVV yields 1.06%, so IPAC currently pays the higher dividend yield.
Is IVV better than IPAC?
IVV has a lower expense ratio. IPAC led over 1Y, IVV over 3Y, 5Y and the full window. IPAC is less concentrated, with 18.4% of the fund in its ten largest positions against 37.9%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.