IPAC vs VRP

Comparison between ISHARES CORE MSCI PACIFIC ETF (IPAC, ETF) and INVESCO VARIABLE RATE PREFERRED ETF (VRP, ETF).

5-Year PerformanceIPAC has outperformed VRP, delivering a return of +7.7% compared to +4.5%

IPAC vs VRP - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	IPAC(ETF)	VRP(ETF)
Net Assets	$2.40B	$2.40B
Expense Ratio	0.09%	0.50%
Max Drawdown	35.11%	46.22%
Sharpe Ratio	1.55	1.57
5Y Beta	0.81	0.16
5Y Dividends CAGR	14.82%	6.90%

Net Assets

IPAC

$2.40B

VRP

$2.40B

Expense Ratio

Winner

IPAC

0.09%

VRP

0.50%

Max Drawdown

Winner

IPAC

35.11%

VRP

46.22%

Sharpe Ratio

IPAC

1.55

Winner

VRP

1.57

5Y Beta

IPAC

0.81

Winner

VRP

0.16

5Y Dividends CAGR

Winner

IPAC

14.82%

VRP

6.90%

IPAC vs VRP - Historical Returns

Returns include dividend reinvestment.

Period	IPAC	VRP
1 month	+2.27%	+0.71%
3 months	+1.17%	+0.89%
6 months	+14.41%	+2.61%
1 year	+32.29%	+8.40%
5 years(CAGR)	+7.67%	+4.46%
10 years(CAGR)	+9.29%	+5.46%
Max(CAGR)	+7.36%	+5.11%

Winner

IPAC

+2.27%

VRP

+0.71%

Winner

IPAC

+1.17%

VRP

+0.89%

Winner

IPAC

+14.41%

VRP

+2.61%

Winner

IPAC

+32.29%

VRP

+8.40%

5Y(CAGR)

Winner

IPAC

+7.67%

VRP

+4.46%

10Y(CAGR)

Winner

IPAC

+9.29%

VRP

+5.46%

Max(CAGR)

Winner

IPAC

+7.36%

VRP

+5.11%

IPAC vs VRP - Annual Returns (2014 - 2026)

Returns include dividend reinvestment.

Year	IPAC	VRP
2026	+11.83%	+1.68%
2025	+25.63%	+7.07%
2024	+7.18%	+11.29%
2023	+14.24%	+10.49%
2022	-13.68%	-9.00%
2021	+3.83%	+4.93%
2020	+11.23%	+4.79%
2019	+18.82%	+18.32%
2018	-13.52%	-6.37%
2017	+24.89%	+8.94%
2016	+6.70%	+6.93%
2015	+3.73%	+2.65%
2014	-5.19%	+1.81%

IPAC vs VRP Drawdown Comparison

The maximum drawdown for IPAC was -30.99%, occurring on Mar 23, 2020. Recovery took 702 trading sessions.

The maximum drawdown for VRP was -46.04%, occurring on Mar 18, 2020. Recovery took 193 trading sessions.

The current IPAC drawdown is -1.21%.

Rank	IPAC	VRP
#1	-30.99% Jan 26, 2018 - Nov 9, 2020	-46.04% Feb 12, 2020 - Nov 16, 2020
#2	-29.61% Sep 13, 2021 - Jul 12, 2024	-13.76% Sep 22, 2021 - Jan 10, 2024
#3	-22.39% Apr 28, 2015 - Feb 10, 2017	-9.04% Aug 31, 2018 - Mar 1, 2019
#4	-15.45% Sep 26, 2024 - May 12, 2025	-7.54% Apr 24, 2015 - Apr 22, 2016
#5	-11.49% Feb 11, 2026 - Mar 20, 2026	-5.38% Sep 6, 2016 - Feb 7, 2017
#6	-11.16% Jul 30, 2014 - Mar 18, 2015	-4.26% Feb 28, 2025 - May 16, 2025
#7	-9.95% Jul 16, 2024 - Aug 23, 2024	-2.89% Feb 24, 2026 - Apr 20, 2026
#8	-5.42% Oct 28, 2025 - Dec 15, 2025	-2.43% Oct 23, 2017 - Aug 31, 2018
#9	-5.17% Feb 16, 2021 - Jun 7, 2021	-1.88% Jul 18, 2024 - Aug 15, 2024
#10	-4.99% Oct 6, 2025 - Oct 27, 2025	-1.72% Mar 22, 2024 - May 2, 2024
#11	-4.52% Jun 7, 2021 - Sep 3, 2021	-1.71% Aug 29, 2014 - Jan 26, 2015
#12	-4.12% Aug 30, 2024 - Sep 19, 2024	-1.67% Feb 9, 2021 - Mar 31, 2021
#13	-3.84% Jan 20, 2021 - Feb 8, 2021	-1.55% Jan 3, 2025 - Feb 5, 2025
#14	-3.06% Jul 23, 2025 - Aug 7, 2025	-1.41% Feb 27, 2017 - Mar 30, 2017
#15	-2.78% Jun 27, 2025 - Jul 23, 2025	-1.41% Aug 3, 2017 - Oct 23, 2017

Correlation

Correlation between IPAC and VRP is 0.97 which considered as a very strong positive correlation - the stocks move almost identically together.

0.97

-101

Dividend Comparison (2014 - 2026)

IPAC vs VRP dividend yield comparison.

Year	IPAC	VRP
2026	0.00%	1.63%
2025	4.32%	6.53%
2024	3.43%	5.78%
2023	3.16%	6.61%
2022	2.76%	5.38%
2021	4.03%	4.25%
2020	1.68%	4.17%
2019	3.37%	4.71%
2018	2.95%	5.28%
2017	2.98%	4.69%
2016	2.66%	5.10%
2015	2.60%	5.02%
2014	0.96%	3.04%