IPAV vs VXUS
Global X Infrastructure Development ex-US ETF vs Vanguard Total International Stock ETF
Which is better, IPAV or VXUS?
VXUS has been ahead.
VXUS has a lower expense ratio. VXUS led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.92.
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 | IPAV | VXUS |
|---|---|---|
| Expense Ratio | 0.55% | 0.05%Best |
| AUM | $5M | $158.1B |
| Dividend Yield | 1.52% | 2.59% |
| Holdings | 108 | 8,747 |
| YTD Return | +8.74% | +16.15%Best |
| 1Y Return | +16.64% | +27.58%Best |
| 3Y Return (annualized) | - | +20.48% |
| 5Y Return (annualized) | - | +9.09% |
| Volatility (annualized) | 16.3% | 11.7%Best |
| Max Drawdown | -14.6% | -13.6%Best |
| $10,000 over 2 years | $13,163 | $14,843Best |
| Fund Family | GLOBALXETFS | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Aug 27, 2024 | Jan 26, 2011 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 2 years row, are measured over the window both funds cover: Aug 28, 2024 to Sep 4, 2026 (2 years).
IPAV vs VXUS 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 2 years both funds cover.
IPAV vs VXUS Performance
Global X Infrastructure Development ex-US ETF (IPAV) is an ETF from GLOBALXETFS and Vanguard Total International Stock ETF (VXUS) is an ETF from Vanguard (US). Over the past year IPAV returned +16.64% while VXUS returned +27.58%. Year to date, IPAV is up 8.74% versus a gain of 16.15% for VXUS.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IPAV has been the more volatile fund, with annualized monthly volatility of 16.3% compared with 11.7% for VXUS. 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 -14.6% for IPAV and -13.6% for VXUS. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.92. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
IPAV charges 0.55% per year while VXUS charges 0.05%. On a $10,000 position that is $55 vs $5 annually, a gap of $50 per year that compounds over a long holding period. On income, IPAV currently yields 1.52% against 2.59% for VXUS.
Holdings Overlap
At least 83.0% of IPAV's money is in holdings VXUS also owns.
Stated as a floor: for VXUS, our book for it covers 87.7% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
Most of IPAV is already inside VXUS. Owning both mostly buys the same companies twice.
76 positions in common, counted across the 100 positions we hold weights for in IPAV and 8,094 in VXUS, against full books of 108 and 8,747.
Top Shared Holdings
| Stock | Weight in IPAV | Weight in VXUS | Difference |
|---|---|---|---|
| 5803:TKFujikura Ltd | 3.61% | 0.14% | 3.47% |
| CNI:CACanadian Natl Railway Co | 3.44% | 0.14% | 3.30% |
| MT:LUArcelormittal | 3.47% | 0.06% | 3.41% |
| CP:CACanadian Pac Kans City Ltd Npv | 3.36% | 0.17% | 3.19% |
| LT:MBLarsen & Toubro Ltd | 3.21% | 0.07% | 3.14% |
| SGEF:PAVinci Sa | 3.07% | 0.16% | 2.91% |
| HOLN:SMLafargeholcim Limited, Class B | 2.91% | 0.10% | 2.81% |
| FER:ASFerrovial Se | 2.94% | 0.07% | 2.87% |
| 5401:JPNippon Steel Corp | 2.95% | 0.04% | 2.91% |
| 4063:JPShin-Etsu Chemical Co. Ltd. Com Stk | 2.81% | 0.18% | 2.63% |
83.0% of IPAV is already inside VXUS.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, IPAV or VXUS?
IPAV has an expense ratio of 0.55% while VXUS charges 0.05%. VXUS is the cheaper option, by $50 a year on a $10,000 investment.
Which performed better, IPAV or VXUS?
Over the past year IPAV returned +16.64% vs +27.58% for VXUS, so VXUS leads on 1-year performance. Over the longest common window we track (2 years), IPAV annualized +14.73% vs +21.83% for VXUS. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IPAV or VXUS?
IPAV has been the more volatile fund at 16.3% annualized versus 11.7% for VXUS. Worst drawdown: IPAV -14.6% vs VXUS -13.6%.
Should I hold both IPAV and VXUS?
IPAV and VXUS have a monthly-return correlation of 0.92, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
What is the holdings overlap between IPAV and VXUS?
At least 83.0% of IPAV's money is in holdings VXUS also owns. Our book for VXUS is partial, so the real figure is this or higher. They hold 76 positions in common, counted across the 100 positions we hold weights for in IPAV and 8,094 in VXUS.
Which pays a higher dividend, IPAV or VXUS?
IPAV yields 1.52% while VXUS yields 2.59%, so VXUS currently pays the higher dividend yield.
Is VXUS better than IPAV?
VXUS has a lower expense ratio. VXUS led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.92. Which one suits a particular account depends on what it is for. This is information, not a recommendation.