IPAC vs BBJP: Holdings Overlap
IPACiShares Core MSCI Pacific ETF
iShares · 1375 holdings · $2.7B · as of 2026-04-30
BBJPJPMorgan BetaBuilders Japan ETF
JPMorgan · 179 holdings · $18.0B · as of 2026-04-30
How similar are IPAC and BBJP?
iShares Core MSCI Pacific ETF (IPAC, by iShares) holds 1375 positions; JPMorgan BetaBuilders Japan ETF (BBJP, by JPMorgan) holds 179. They have 179 holdings in common, and by portfolio weight the two funds are 54.0% identical. In practical terms the pair is moderately overlapping; they share a meaningful core, but each fund adds distinct exposure.
- Overlap by Weight
- 54.0%Sum of the smaller weight of each shared holding
- Shared Holdings
- 179IPAC holds 1375 · BBJP holds 179
- Weight in Shared Holdings
- IPAC 54%·BBJP 99%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 IPAC
1196 of 1375 positions (45.3% of the fund) are not held by BBJP. Showing the top 30 by weight.
Only in BBJP
Every position in BBJP is also held by IPAC, so it brings nothing the other fund doesn’t already own.
Sector Breakdown
| Sector | IPAC | BBJP |
|---|---|---|
| Industrials | 15.3% | 25.7% |
| Financials | 20.1% | 16.1% |
| Information Technology | 9.0% | 14.7% |
| Consumer Discretionary | 7.5% | 12.3% |
| Materials | 6.3% | 3.5% |
| Other Sectors | 18.9% | 20.2% |
| Unclassified | 22.2% | 6.4% |
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 (22% of IPAC, 6% of BBJP).
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| IPAC | +4.8% | +18.9% | +27.2% | +18.2% | +9.0% | +9.1% | 3.71% |
| BBJP | +4.0% | +18.6% | +30.1% | +19.0% | +10.0% | — | 4.52% |
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 IPAC vs BBJP →
Shared Holdings(179)
The top 10 shared positions account for 28% of the overlap, led by 8306, 7203 and 6501.
 8306Mitsubishi UFJ Financial Group Inc. NPV | 2.21% | 3.91% | 2.21% |
|---|---|---|---|
 7203Toyota Motor Corp. NPV | 1.98% | 4.24% | 1.98% |
 6501Hitachi Ltd. NPV | 1.59% | 2.76% | 1.59% |
 6857Advantest Corp. NPV | 1.56% | 2.48% | 1.56% |
 8035Tokyo Electron Ltd. NPV | 1.44% | 2.51% | 1.44% |
 8316Sumitomo Mitsui Financial Group Inc. NPV | 1.41% | 2.60% | 1.41% |
 9984SoftBank Group Corp. | 1.38% | 2.47% | 1.38% |
 6758Sony Group Corp. NPV | 1.34% | 2.30% | 1.34% |
 8411Mizuho Financial Group Inc. NPV | 1.17% | 2.04% | 1.17% |
 8058Mitsubishi Corp. NPV | 1.12% | 2.27% | 1.12% |
 7011Mitsubishi Heavy Industries Ltd. NPV | 1.04% | 1.93% | 1.04% |
 8031Mitsui & Co Ltd. NPV | 1.01% | 1.86% | 1.01% |
 9983Fast Retailing Co Ltd. NPV | 0.98% | 1.67% | 0.98% |
 6861Keyence Corp. NPV | 0.98% | 1.66% | 0.98% |
 8766Tokio Marine Holdings Inc. NPV | 0.92% | 1.69% | 0.92% |
 4063Shin-Etsu Chemical Co Ltd. NPV | 0.85% | 1.66% | 0.85% |
 6503Mitsubishi Electric Corp. NPV | 0.83% | 1.58% | 0.83% |
 8001ITOCHU Corp. NPV | 0.80% | 1.67% | 0.80% |
 6098Recruit Holdings Co Ltd. NPV | 0.71% | 1.25% | 0.71% |
 7741HOYA Corp. NPV | 0.69% | 1.22% | 0.69% |
 5803Fujikura Ltd. NPV | 0.63% | 1.15% | 0.63% |
 6981Murata Manufacturing Co Ltd. NPV | 0.60% | 1.15% | 0.60% |
 8002Marubeni Corp. NPV | 0.60% | 1.24% | 0.60% |
 7974Nintendo Co Ltd. NPV | 0.59% | 1.10% | 0.59% |
 4502Takeda Pharmaceutical Co Ltd. NPV | 0.58% | 1.01% | 0.58% |
Frequently Asked Questions
How much do IPAC and BBJP overlap?
IPAC and BBJP overlap by 54.0% of portfolio weight. They share 179 holdings (IPAC holds 1375 positions and BBJP holds 179), based on each fund's latest SEC-reported holdings.
Is it redundant to own both IPAC and BBJP?
The two portfolios are 54.0% identical by weight. Owning both is defensible: they share a meaningful core, but each fund adds exposure the other lacks.
What are the biggest shared holdings of IPAC and BBJP?
The largest positions held by both funds are 8306, 7203, 6501, 6857 and 8035. Together the top 10 shared positions account for 28% of the total overlap.
What does IPAC own that BBJP doesn't?
1196 positions (45.3% of IPAC) are unique to IPAC, led by CBA, BHP and 1299. In the other direction, 0 positions (0.0% of BBJP) are unique to BBJP.