IPAC vs SCHD
iShares Core MSCI Pacific ETF vs Schwab US Dividend Equity ETF
Quick Verdict
SCHD has a lower expense ratio. SCHD delivered stronger 1-year returns. IPAC offers more diversification with 1,385 holdings.
Side-by-Side Comparison
| Metric | IPAC | SCHD | Winner |
|---|---|---|---|
| Expense Ratio | 0.09% | 0.06% | |
| AUM | $2.8B | $108.7B | |
| Dividend Yield | 3.82% | 3.13% | |
| Holdings | 1,385 | 104 | |
| YTD Return | +15.80% | +26.50% | |
| 1Y Return | +21.10% | +31.25% | |
| 3Y Return (annualized) | +19.64% | +16.34% | |
| 5Y Return (annualized) | +8.95% | +10.10% | |
| Volatility (annualized) | 13.8% | 13.6% | |
| Max Drawdown | -35.1% | -33.4% | |
| Fund Family | iShares by BlackRock (US) | Charles Schwab Asset Management | |
| Category | Equity | Equity | |
| Inception | Jun 10, 2014 | Oct 20, 2011 |
IPAC vs SCHD Performance
iShares Core MSCI Pacific ETF (IPAC) is a ETF from iShares by BlackRock (US) and Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management. Over the past year IPAC returned +21.10% while SCHD returned +31.25%. Year to date, IPAC is up 15.80% versus a gain of 26.50% for SCHD.
Over three years, IPAC compounded at +19.64% per year against +16.34% for SCHD; over five years the annualized figures are +8.95% and +10.10% respectively. Across the full 12-year window we track, SCHD has the edge at +11.50% annualized vs +5.97%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IPAC has been the more volatile fund, with annualized monthly volatility of 13.8% compared with 13.6% for SCHD. 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 -33.4% for SCHD. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.75. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
IPAC charges 0.09% per year while SCHD charges 0.06%. On a $10,000 position that is $9 vs $6 annually, a gap of $3 per year that compounds over a long holding period. On income, IPAC currently yields 3.82% against 3.13% for SCHD.
Holdings Overlap
IPAC and SCHD share 0 holdings out of 1466 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, IPAC or SCHD?
IPAC has an expense ratio of 0.09% while SCHD charges 0.06%. SCHD is the cheaper option. On a $10,000 investment, that is $3 per year of difference.
Which performed better, IPAC or SCHD?
Over the past year IPAC returned +21.10% vs +31.25% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (12 years), IPAC annualized +5.97% vs +11.50% for SCHD. Past performance does not guarantee future results.
Which is riskier, IPAC or SCHD?
IPAC has been the more volatile fund at 13.8% annualized versus 13.6% for SCHD. Worst drawdown: IPAC -35.1% vs SCHD -33.4%.
Should I hold both IPAC and SCHD?
IPAC and SCHD have a monthly-return correlation of 0.75, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between IPAC and SCHD?
IPAC and SCHD share 0 common holdings with a 0.0% weight overlap. Combined, they hold 1466 unique securities.
Which pays a higher dividend, IPAC or SCHD?
IPAC yields 3.82% while SCHD yields 3.13%, so IPAC currently pays the higher dividend yield.
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