IPAC vs SCZ: Holdings Overlap
IPACiShares Core MSCI Pacific ETF
iShares · 1375 holdings · $2.7B · as of 2026-04-30
SCZiShares MSCI EAFE Small-Cap ETF
iShares · 2044 holdings · $13.5B · as of 2026-04-30
How similar are IPAC and SCZ?
iShares Core MSCI Pacific ETF (IPAC, by iShares) holds 1375 positions; iShares MSCI EAFE Small-Cap ETF (SCZ, by iShares) holds 2044. They have 1103 holdings in common, and by portfolio weight the two funds are 20.4% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 20.4%Sum of the smaller weight of each shared holding
- Shared Holdings
- 1103IPAC holds 1375 · SCZ holds 2044
- Weight in Shared Holdings
- IPAC 20%·SCZ 51%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
272 of 1375 positions (78.8% of the fund) are not held by SCZ. Showing the top 30 by weight.
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% |
| SCZ | +4.1% | +13.5% | +20.2% | +16.6% | +5.9% | +8.6% | 3.07% |
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 SCZ →
Shared Holdings(1103)
The top 10 shared positions account for 6% of the overlap, led by 5801, 4004 and 5706.
 5801Furukawa Electric Co Ltd. NPV | 0.20% | 0.50% | 0.20% |
|---|---|---|---|
 4004Resonac Holdings Corp. NPV | 0.17% | 0.44% | 0.17% |
 5706Mitsui Kinzoku Co Ltd. NPV | 0.17% | 0.43% | 0.17% |
 PLSPLS Group Ltd | 0.16% | 0.39% | 0.16% |
 BSLBlueScope Steel Ltd | 0.10% | 0.26% | 0.10% |
| AUSTRALIAN DOLLAR | 0.10% | 0.14% | 0.10% |
 MINMineral Resources Ltd | 0.09% | 0.23% | 0.09% |
 5334Niterra Co Ltd. NPV | 0.09% | 0.22% | 0.09% |
 ALQALS Ltd | 0.09% | 0.22% | 0.09% |
 6506Yaskawa Electric Corp | 0.09% | 0.22% | 0.09% |
 6525Kokusai Electric Corp. NPV | 0.09% | 0.22% | 0.09% |
 2768Sojitz Corp. NPV | 0.09% | 0.22% | 0.09% |
 5831Shizuoka Financial Group Inc | 0.09% | 0.21% | 0.09% |
 NXTNEXTDC Ltd | 0.09% | 0.21% | 0.09% |
 6963ROHM Co Ltd. NPV | 0.08% | 0.20% | 0.08% |
 5333NGK Insulators Ltd | 0.08% | 0.20% | 0.08% |
 8354Fukuoka Financial Group Inc | 0.08% | 0.19% | 0.08% |
 7167Mebuki Financial Group Inc | 0.08% | 0.19% | 0.08% |
 ORIOrica Ltd | 0.08% | 0.19% | 0.08% |
 6645Omron Corp | 0.07% | 0.18% | 0.07% |
 CHCCharter Hall Group | 0.07% | 0.18% | 0.07% |
 GPTGPT Group/The | 0.07% | 0.18% | 0.07% |
 3563Food & Life Companies Ltd. NPV | 0.07% | 0.18% | 0.07% |
 5844Kyoto Financial Group Inc | 0.07% | 0.17% | 0.07% |
 1944Kinden Corp | 0.07% | 0.17% | 0.07% |
Showing the top 250 of 1103 shared holdings by overlap weight.
Frequently Asked Questions
How much do IPAC and SCZ overlap?
IPAC and SCZ overlap by 20.4% of portfolio weight. They share 1103 holdings (IPAC holds 1375 positions and SCZ holds 2044), based on each fund's latest SEC-reported holdings.
Is it redundant to own both IPAC and SCZ?
The two portfolios are 20.4% 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 IPAC and SCZ?
The largest positions held by both funds are 5801, 4004, 5706, PLS and BSL. Together the top 10 shared positions account for 6% of the total overlap.
What does IPAC own that SCZ doesn't?
272 positions (78.8% of IPAC) are unique to IPAC, led by CBA, 8306 and BHP. In the other direction, 941 positions (48.2% of SCZ) are unique to SCZ.