ACWV vs IPAC: Holdings Overlap
ACWViShares MSCI Global Min Vol Factor ETF
iShares · 412 holdings · $3.4B · as of 2026-05-31
IPACiShares Core MSCI Pacific ETF
iShares · 1375 holdings · $2.7B · as of 2026-04-30
Holdings snapshots are 31 days apart (ACWV: 2026-05-31, IPAC: 2026-04-30). Weights and index membership change between snapshots, so the true current overlap is typically higher than shown. For funds tracking the same index, the gap can be 5–15 points.
How similar are ACWV and IPAC?
iShares MSCI Global Min Vol Factor ETF (ACWV, by iShares) holds 412 positions; iShares Core MSCI Pacific ETF (IPAC, by iShares) holds 1375. They have 61 holdings in common, and by portfolio weight the two funds are 8.4% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 8.4%Sum of the smaller weight of each shared holding
- Shared Holdings
- 61ACWV holds 412 · IPAC holds 1375
- Weight in Shared Holdings
- ACWV 13%·IPAC 11%Share of each fund's weight in stocks both funds own
Based on each fund's latest official holdings. How is this calculated?
What makes each fund different
Only in ACWV
351 of 412 positions (86.8% of the fund) are not held by IPAC. Showing the top 30 by weight.
Sector Breakdown
| Sector | ACWV | IPAC |
|---|---|---|
| Information Technology | 24.2% | 9.0% |
| Financials | 12.9% | 20.1% |
| Industrials | 6.8% | 15.3% |
| Health Care | 12.5% | 4.1% |
| Communication Services | 11.5% | 4.5% |
| Other Sectors | 26.3% | 24.1% |
| Unclassified | 5.1% | 22.2% |
Share of each fund's portfolio weight by GICS-style sector, compiled from issuer fund data and our own classification of the holdings, not the issuers' published sector charts. “Unclassified” is weight we could not classify (5% of ACWV, 22% of IPAC).
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| ACWV | +3.3% | +7.6% | +9.5% | +11.3% | +6.1% | +7.4% | 1.87% |
| IPAC | +4.8% | +18.9% | +27.2% | +18.2% | +9.0% | +9.1% | 3.71% |
Total returns including dividends, from adjusted daily closes as of 2026-08-07. 3Y/5Y/10Y are annualized. Yield is trailing-12-month distributions over the last close. Past performance does not predict future results.
Project the growth of $10,000 in ACWV vs IPAC →
Shared Holdings(61)
The top 10 shared positions account for 44% of the overlap, led by 9433, 4502 and 6861.
 9433KDDI Corp NPV | 1.01% | 0.53% | 0.53% |
|---|---|---|---|
 4502Takeda Pharmaceutical Co Ltd. NPV | 0.50% | 0.58% | 0.50% |
 6861Keyence Corp. NPV | 0.44% | 0.98% | 0.44% |
 9434SoftBank Corp NPV | 0.82% | 0.44% | 0.44% |
 6702Fujitsu Ltd. NPV | 0.36% | 0.38% | 0.36% |
 4578Otsuka Holdings Co Ltd. NPV | 0.43% | 0.34% | 0.34% |
 9432NTT Inc. NPV | 0.60% | 0.32% | 0.32% |
 STSingapore Telecommunications Ltd. NPV(BOARD LOT 100) | 0.54% | 0.29% | 0.29% |
 DBSDBS Group Holdings Ltd. NPV | 0.27% | 1.05% | 0.27% |
 6971KYOCERA Corp. NPV | 0.59% | 0.25% | 0.25% |
 7751Canon Inc. NPV | 0.49% | 0.24% | 0.24% |
 4503Astellas Pharma Inc. NPV | 0.24% | 0.28% | 0.24% |
 9020East Japan Railway Co. NPV | 0.43% | 0.23% | 0.23% |
 4901FUJIFILM Holdings Corp. NPV | 0.20% | 0.23% | 0.20% |
 9022Central Japan Railway Co. NPV | 0.36% | 0.20% | 0.20% |
 2388BOC Hong Kong (Holdings) Ltd. NPV | 0.20% | 0.23% | 0.20% |
 1605Inpex Corp. NPV | 0.20% | 0.25% | 0.20% |
 2CLP Holdings Ltd. NPV | 0.30% | 0.18% | 0.18% |
 4507Shionogi & Co Ltd. NPV | 0.21% | 0.17% | 0.17% |
 4661Oriental Land Co Ltd/Japan | 0.22% | 0.16% | 0.16% |
 9735Secom Co Ltd NPV | 0.34% | 0.16% | 0.16% |
 STESingapore Technologies Engineering Ltd. NPV | 0.15% | 0.15% | 0.15% |
 9532Osaka Gas Co Ltd NPV | 0.25% | 0.14% | 0.14% |
 9531Tokyo Gas Co Ltd NPV | 0.13% | 0.14% | 0.13% |
 9502Chubu Electric Power Co Inc. NPV | 0.20% | 0.13% | 0.13% |
Frequently Asked Questions
How much do ACWV and IPAC overlap?
ACWV and IPAC overlap by 8.4% of portfolio weight. They share 61 holdings (ACWV holds 412 positions and IPAC holds 1375), based on each fund's latest SEC-reported holdings.
Is it redundant to own both ACWV and IPAC?
The two portfolios are 8.4% identical by weight. Owning both is not redundant. Most of each portfolio is distinct, so the funds can serve different roles.
What are the biggest shared holdings of ACWV and IPAC?
The largest positions held by both funds are 9433, 4502, 6861, 9434 and 6702. Together the top 10 shared positions account for 44% of the total overlap.
What does ACWV own that IPAC doesn't?
351 positions (86.8% of ACWV) are unique to ACWV, led by CSCO, JNJ and TSMWF. In the other direction, 1314 positions (88.4% of IPAC) are unique to IPAC.