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ETFs

iShares Core MSCI Pacific ETF

IPAC
$—
Today’s Change
— (—)

Snapshot
*

Inception Date
Jun 10, 2014
Expense Ratio
0.09%
Type
Global Ex. US Equities
Fund Owner
Blackrock (iShares)
Volume (1m avg. daily)
$4,957,934
AUM
$1,658,450,964
Associated Index
MSCI Pacific Investable Market Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

7203
Toyota Motor Corporation
3.13%
BHP
BHP Group Limited
2.28%
CBA
Commonwealth Bank of Australia
1.7%
6758
Sony Group Corporation
1.63%
8306
Mitsubishi UFJ Financial Group, Inc.
1.61%
1299
AIA Group Limited
1.51%
CSL
CSL Ltd.
1.23%
6861
Keyence Corporation
1.15%
8316
Sumitomo Mitsui Financial Group Inc
1.05%
8035
Tokyo Electron Ltd
1.02%
Invest with IPAC

What is IPAC?

The iShares Core MSCI Pacific ETF seeks to track the investment results of an index composed of Pacific region developed market large, mid and small capitalization equities. Low cost, comprehensive access to large-, mid-, and small-cap stocks (the "Investable Market") in Australia, Hong Kong, Japan, New Zealand, and Singapore

1M
3M
6M
YTD
1Y
3Y
Max
www.composer.trade

IPAC
Performance Measures**

for the time period Jun 12, 2014 to Nov 17, 2025

Returns

1M Trailing Return: -0.2%

The percent change in the value over the most recent 1-month period.

3M Trailing Return: 1.2%

The percent change in the value over the most recent 3-month period.

Measures of Risk or Volatility

Max Drawdown: -31.0%

The greatest percent loss from peak to trough in value over the time period.

Standard Deviation: 16.5%

The typical amount that daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

Measures of Risk-Adjusted Performance

Sharpe Ratio: 0.45

The annualized arithmetic mean of the daily returns divided by the annualized standard deviation of the daily returns for the selected time period.

Calmar Ratio: 0.20

The annualized return divided by the max drawdown for the selected time period.

ETFs related toIPAC

ETFs correlated to IPAC include VPL, BBJP, EWJ

IPAC
BlackRock Institutional Trust Company N.A. - iShares Core MSCI Pacific ETF
VPL
Vanguard Group, Inc. - Vanguard FTSE Pacific ETF
BBJP
J.P.Morgan Investment Management Inc. - JPMorgan BetaBuilders Japan ETF
EWJ
BlackRock Institutional Trust Company N.A. - iShares MSCI Japan ETF
FLJP
Franklin Templeton ETF Trust - Franklin FTSE Japan ETF
GWX
SSgA Active Trust - SPDR S&P International Small Cap ETF
FNDC
Schwab Strategic Trust - Schwab Fundamental International Small Company Index ETF
JPIN
J.P.Morgan Investment Management Inc. - JPMorgan Diversified Return International Equity ETF
SPDW
SSgA Active Trust - SPDR Portfolio Developed World ex-US ETF
SCHF
Schwab Strategic Trust - Schwab International Equity ETF
VEA
Vanguard Group, Inc. - Vanguard FTSE Developed Markets ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Trading Strategies
Related toIPAC

CQ_USA vs. APAC ✌️

Category

Tactical rotation, momentum, relative strength, U.S. equities, Asia-Pacific equities, ETFs, long-only

OOS Cumulative Return

25.86%

CQ_APAC vs. Europe ✌️

Category

Equity rotation, Regional allocation, Mean reversion, Developed markets ex-US, Single-ETF

OOS Cumulative Return

23.41%

Create your own algorithmic trading strategy with IPAC using Composer

FAQ

IPAC is a Global Ex. US Equities ETF. The iShares Core MSCI Pacific ETF seeks to track the investment results of an index composed of Pacific region developed market large, mid and small capitalization equities. Low cost, comprehensive access to large-, mid-, and small-cap stocks (the "Investable Market") in Australia, Hong Kong, Japan, New Zealand, and Singapore

IPAC tracks the MSCI Pacific Investable Market Index.

No, IPAC is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, IPAC is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on IPAC is 0.0226%. This is the percent change in the value of IPAC over the most recent 1-month period. The 3-month return on IPAC is -0.0004%. This is the percent change in the value of IPAC over the most recent 3-month period.

The standard deviation of IPAC for the past year is 0.1648%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to IPAC include EZU, EFA, and EEM.

ETFs correlated to IPAC include VPL, BBJP, and EWJ.

ETFs that are inversely correlated to IPAC include EFZ, EPV, and EDZ.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.