IPAC vs FLJP: Holdings Overlap
IPACiShares Core MSCI Pacific ETF
iShares · 1375 holdings · $2.7B · as of 2026-04-30
Franklin Templeton · 477 holdings · $4.0B · as of 2026-03-31
Holdings snapshots are 30 days apart (IPAC: 2026-04-30, FLJP: 2026-03-31). 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 IPAC and FLJP?
iShares Core MSCI Pacific ETF (IPAC, by iShares) holds 1375 positions; Franklin FTSE Japan ETF (FLJP, by Franklin Templeton) holds 477. They have 476 holdings in common, and by portfolio weight the two funds are 64.0% identical. In practical terms the pair is heavily overlapping, with largely the same stocks driving both funds.
- Overlap by Weight
- 64.0%Sum of the smaller weight of each shared holding
- Shared Holdings
- 476IPAC holds 1375 · FLJP holds 477
- Weight in Shared Holdings
- IPAC 64%·FLJP 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
899 of 1375 positions (35.2% of the fund) are not held by FLJP. Showing the top 30 by weight.
Only in FLJP
1 of 477 positions (0.1% of the fund) are not held by IPAC.
- Toyota Industries Corp. NPV0.08%
Sector Breakdown
| Sector | IPAC | FLJP |
|---|---|---|
| Industrials | 15.3% | 21.1% |
| Financials | 20.1% | 13.7% |
| Information Technology | 9.0% | 10.9% |
| Consumer Discretionary | 7.5% | 10.9% |
| Materials | 6.3% | 3.2% |
| Other Sectors | 18.9% | 19.6% |
| Unclassified | 22.2% | 19.7% |
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, 20% of FLJP).
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% |
| FLJP | +3.6% | +20.2% | +30.8% | +19.4% | +10.2% | — | 4.10% |
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 FLJP →
Shared Holdings(476)
The top 10 shared positions account for 24% of the overlap, led by 8306, 7203 and 6501.
 8306Mitsubishi UFJ Financial Group Inc. NPV | 2.21% | 3.32% | 2.21% |
|---|---|---|---|
 7203Toyota Motor Corp. NPV | 1.98% | 3.90% | 1.98% |
 6501Hitachi Ltd. NPV | 1.59% | 2.25% | 1.59% |
 6857Advantest Corp. NPV | 1.56% | 1.70% | 1.56% |
 8035Tokyo Electron Ltd. NPV | 1.44% | 1.90% | 1.44% |
 8316Sumitomo Mitsui Financial Group Inc. NPV | 1.41% | 2.11% | 1.41% |
 9984Softbank Group Corp. NPV | 1.38% | 1.62% | 1.38% |
 6758Sony Group Corp. NPV | 1.34% | 2.24% | 1.34% |
 8411Mizuho Financial Group Inc. NPV | 1.17% | 1.70% | 1.17% |
 8058Mitsubishi Corp. NPV | 1.12% | 2.02% | 1.12% |
 7011Mitsubishi Heavy Industries Ltd. NPV | 1.04% | 1.57% | 1.04% |
 8031Mitsui & Co Ltd. NPV | 1.01% | 1.75% | 1.01% |
 9983Fast Retailing Co Ltd. NPV | 0.98% | 1.26% | 0.98% |
 6861Keyence Corp. NPV | 0.98% | 1.20% | 0.98% |
 8766Tokio Marine Holdings Inc. NPV | 0.92% | 1.53% | 0.92% |
 4063Shin-Etsu Chemical Co Ltd. NPV | 0.85% | 1.35% | 0.85% |
 6503Mitsubishi Electric Corp. NPV | 0.83% | 1.14% | 0.83% |
 8001ITOCHU Corp. NPV | 0.80% | 1.44% | 0.80% |
 6098Recruit Holdings Co Ltd. NPV | 0.71% | 1.00% | 0.71% |
 7741HOYA Corp. NPV | 0.69% | 1.03% | 0.69% |
 5803Fujikura Ltd. NPV | 0.63% | 0.77% | 0.63% |
 6981Murata Manufacturing Co Ltd. NPV | 0.60% | 0.64% | 0.60% |
 8002Marubeni Corp. NPV | 0.60% | 0.96% | 0.60% |
 7974Nintendo Co Ltd. NPV | 0.59% | 1.05% | 0.59% |
 4502Takeda Pharmaceutical Co Ltd. NPV | 0.58% | 1.03% | 0.58% |
Showing the top 250 of 476 shared holdings by overlap weight.
Frequently Asked Questions
How much do IPAC and FLJP overlap?
IPAC and FLJP overlap by 64.0% of portfolio weight. They share 476 holdings (IPAC holds 1375 positions and FLJP holds 477), based on each fund's latest SEC-reported holdings.
Is it redundant to own both IPAC and FLJP?
The two portfolios are 64.0% identical by weight. Owning both mostly doubles down on the shared core rather than diversifying: the same large positions drive both funds.
What are the biggest shared holdings of IPAC and FLJP?
The largest positions held by both funds are 8306, 7203, 6501, 6857 and 8035. Together the top 10 shared positions account for 24% of the total overlap.
What does IPAC own that FLJP doesn't?
899 positions (35.2% of IPAC) are unique to IPAC, led by CBA, BHP and 1299. In the other direction, 1 positions (0.1% of FLJP) are unique to FLJP.