IPAV vs VXUS

IPAV vs VXUS
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Quick Verdict

VXUS has a lower expense ratio. VXUS delivered stronger 1-year returns. VXUS offers more diversification with 8,747 holdings.

Lower Fees: VXUSHigher Returns: VXUSMore Diversified: VXUS

Side-by-Side Comparison

MetricIPAVVXUSWinner
Expense Ratio0.55%0.05%
AUM$6M$158.1B
Dividend Yield1.52%2.59%
Holdings1008,747
YTD Return+8.72%+15.22%
1Y Return+16.32%+26.86%
3Y Return (annualized)-+20.34%
5Y Return (annualized)-+9.38%
Volatility (annualized)16.8%15.1%
Max Drawdown-14.6%-39.9%
Fund FamilyGLOBALXETFSVanguard (US)
CategoryEquityEquity
InceptionAug 27, 2024Jan 26, 2011

IPAV vs VXUS Performance

Global X Infrastructure Development ex-US ETF (IPAV) is a ETF from GLOBALXETFS and Vanguard Total International Stock ETF (VXUS) is a ETF from Vanguard (US). Over the past year IPAV returned +16.32% while VXUS returned +26.86%. Year to date, IPAV is up 8.72% versus a gain of 15.22% for VXUS.

Risk: Volatility and Drawdowns

IPAV has been the more volatile fund, with annualized monthly volatility of 16.8% compared with 15.1% 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 -39.9% for VXUS. 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 0.92. 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

2.0%overlap

IPAV and VXUS share 74 holdings out of 7895 unique holdings combined, representing a 2.0% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in IPAVWeight in VXUSDifference
CNI:CA3.71%0.14%3.57%
CP:CA3.47%0.18%3.29%
MT:LU3.33%0.06%3.27%
SGEF:PAProProPro
LT:MBProProPro
HOLN:SMProProPro
0MG2:SGProProPro
FER:ASProProPro
5401:JPProProPro
CX:MXProProPro
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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. On a $10,000 investment, that is $50 per year of difference.

Which performed better, IPAV or VXUS?

Over the past year IPAV returned +16.32% vs +26.86% for VXUS, so VXUS leads on 1-year performance. Over the longest common window we track (2 years), IPAV annualized +15.18% vs +4.89% for VXUS. Past performance does not guarantee future results.

Which is riskier, IPAV or VXUS?

IPAV has been the more volatile fund at 16.8% annualized versus 15.1% for VXUS. Worst drawdown: IPAV -14.6% vs VXUS -39.9%.

Should I hold both IPAV and VXUS?

IPAV and VXUS have a monthly-return correlation of 0.92, so they move almost identically. Holding both adds little diversification - most investors pick one, usually on fees or the specific index tracked.

What is the holdings overlap between IPAV and VXUS?

IPAV and VXUS share 74 common holdings with a 2.0% weight overlap. Combined, they hold 7895 unique securities.

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.

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