IPAC vs VEA: Holdings Overlap
IPACiShares Core MSCI Pacific ETF
iShares · 1375 holdings · $2.7B · as of 2026-04-30
VEAVanguard Developed Markets Index Fund
Vanguard · 3886 holdings · $235.0B · as of 2026-03-31
Holdings snapshots are 30 days apart (IPAC: 2026-04-30, VEA: 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 VEA?
iShares Core MSCI Pacific ETF (IPAC, by iShares) holds 1375 positions; Vanguard Developed Markets Index Fund (VEA, by Vanguard) holds 3886. They have 1316 holdings in common, and by portfolio weight the two funds are 29.0% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 29.0%Sum of the smaller weight of each shared holding
- Shared Holdings
- 1316IPAC holds 1375 · VEA holds 3886
- Weight in Shared Holdings
- IPAC 98%·VEA 29%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
59 of 1375 positions (1.3% of the fund) are not held by VEA. Showing the top 30 by weight.
Sector Breakdown
| Sector | IPAC | VEA |
|---|---|---|
| Financials | 20.1% | 20.4% |
| Industrials | 15.3% | 13.9% |
| Information Technology | 9.0% | 9.9% |
| Consumer Discretionary | 7.5% | 5.4% |
| Health Care | 4.1% | 7.3% |
| Other Sectors | 21.1% | 23.7% |
| Unclassified | 22.2% | 18.5% |
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, 19% of VEA).
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% |
| VEA | +3.0% | +17.5% | +29.9% | +19.8% | +10.2% | +10.3% | 2.49% |
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 VEA →
Shared Holdings(1316)
The top 10 shared positions account for 18% of the overlap, led by 7203, CBA and 8306.
 7203Toyota Motor Corp. NPV | 1.98% | 0.76% | 0.76% |
|---|---|---|---|
 CBACommonwealth Bank of Australia | 2.30% | 0.67% | 0.67% |
 8306Mitsubishi UFJ Financial Group Inc. NPV | 2.21% | 0.64% | 0.64% |
 BHPBHP Group Ltd. | 2.19% | 0.61% | 0.61% |
 6501Hitachi Ltd. NPV | 1.59% | 0.44% | 0.44% |
 6758Sony Group Corp. NPV | 1.34% | 0.43% | 0.43% |
 8316Sumitomo Mitsui Financial Group Inc. NPV | 1.41% | 0.41% | 0.41% |
 1299AIA Group Ltd. | 1.25% | 0.40% | 0.40% |
 8058Mitsubishi Corp. NPV | 1.12% | 0.39% | 0.39% |
 8035Tokyo Electron Ltd. NPV | 1.44% | 0.38% | 0.38% |
 6857Advantest Corp. NPV | 1.56% | 0.34% | 0.34% |
 8031Mitsui & Co Ltd. NPV | 1.01% | 0.34% | 0.34% |
 8411Mizuho Financial Group Inc. NPV | 1.17% | 0.33% | 0.33% |
 9984SoftBank Group Corp. | 1.38% | 0.33% | 0.33% |
 WBCWestpac Banking Corp. | 1.04% | 0.32% | 0.32% |
 DBSDBS Group Holdings Ltd. | 1.05% | 0.31% | 0.31% |
 NABNational Australia Bank Ltd. | 0.97% | 0.30% | 0.30% |
 7011Mitsubishi Heavy Industries Ltd. NPV | 1.04% | 0.30% | 0.30% |
 8766Tokio Marine Holdings Inc. NPV | 0.92% | 0.29% | 0.29% |
 8001ITOCHU Corp. NPV | 0.80% | 0.27% | 0.27% |
 ANZANZ Group Holdings Ltd. | 0.87% | 0.26% | 0.26% |
 4063Shin-Etsu Chemical Co Ltd. NPV | 0.85% | 0.26% | 0.26% |
 9983Fast Retailing Co Ltd. NPV | 0.98% | 0.24% | 0.24% |
 6861Keyence Corp. NPV | 0.98% | 0.23% | 0.23% |
 6503Mitsubishi Electric Corp. NPV | 0.83% | 0.22% | 0.22% |
Showing the top 250 of 1316 shared holdings by overlap weight.
Frequently Asked Questions
How much do IPAC and VEA overlap?
IPAC and VEA overlap by 29.0% of portfolio weight. They share 1316 holdings (IPAC holds 1375 positions and VEA holds 3886), based on each fund's latest SEC-reported holdings.
Is it redundant to own both IPAC and VEA?
The two portfolios are 29.0% 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 VEA?
The largest positions held by both funds are 7203, CBA, 8306, BHP and 6501. Together the top 10 shared positions account for 18% of the total overlap.
What does IPAC own that VEA doesn't?
59 positions (1.3% of IPAC) are unique to IPAC, led by SE, GRAB and FUTU. In the other direction, 2570 positions (70.0% of VEA) are unique to VEA.