TBLL vs IPAC

Comparison between INVESCO SHORT TERM TREASURY ETF (TBLL, ETF) and ISHARES CORE MSCI PACIFIC ETF (IPAC, ETF).

5-Year PerformanceIPAC has outperformed TBLL, delivering a return of +8.8% compared to +3.5%

TBLL vs IPAC - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	TBLL(ETF)	IPAC(ETF)
Net Assets	$2.60B	$2.70B
Expense Ratio	0.08%	0.09%
Max Drawdown	1.30%	35.11%
Sharpe Ratio	-0.27	1.04
5Y Beta	-0.00	0.81
5Y Dividends CAGR	93.19%	16.42%

Net Assets

TBLL

$2.60B

Winner

IPAC

$2.70B

Expense Ratio

Winner

TBLL

0.08%

IPAC

0.09%

Max Drawdown

Winner

TBLL

1.30%

IPAC

35.11%

Sharpe Ratio

TBLL

-0.27

Winner

IPAC

1.04

5Y Beta

Winner

TBLL

-0.00

IPAC

0.81

5Y Dividends CAGR

Winner

TBLL

93.19%

IPAC

16.42%

TBLL vs IPAC - Historical Returns

Returns include dividend reinvestment.

Period	TBLL	IPAC
1 month	+0.35%	+4.16%
3 months	+0.93%	+4.82%
6 months	+1.77%	+4.13%
1 year	+3.76%	+22.07%
5 years(CAGR)	+3.53%	+8.78%
10 years(CAGR)	+2.41%	+8.79%
Max(CAGR)	+2.41%	+7.50%

TBLL

+0.35%

Winner

IPAC

+4.16%

TBLL

+0.93%

Winner

IPAC

+4.82%

TBLL

+1.77%

Winner

IPAC

+4.13%

TBLL

+3.76%

Winner

IPAC

+22.07%

5Y(CAGR)

TBLL

+3.53%

Winner

IPAC

+8.78%

10Y(CAGR)

TBLL

+2.41%

Winner

IPAC

+8.79%

Max(CAGR)

TBLL

+2.41%

Winner

IPAC

+7.50%

TBLL vs IPAC - Annual Returns (2014 - 2026)

Returns include dividend reinvestment.

Year	TBLL	IPAC
2026	+2.24%	+16.04%
2025	+4.21%	+25.63%
2024	+5.11%	+7.18%
2023	+4.98%	+14.24%
2022	+1.12%	-13.68%
2021	-0.02%	+3.83%
2020	+0.87%	+11.23%
2019	+2.16%	+18.82%
2018	+1.83%	-13.52%
2017	+0.62%	+24.89%
2016	N/A	+6.70%
2015	N/A	+3.73%
2014	N/A	-5.19%

TBLL vs IPAC Drawdown Comparison

The maximum drawdown for TBLL was -0.63%, occurring on Feb 14, 2022. Recovery took 631 trading sessions.

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

The current IPAC drawdown is -2.02%.

Rank	TBLL	IPAC
#1	-0.63% May 11, 2020 - Nov 9, 2022	-30.99% Jan 26, 2018 - Nov 9, 2020
#2	-0.52% Mar 18, 2020 - May 11, 2020	-29.61% Sep 13, 2021 - Jul 12, 2024
#3	-0.36% Sep 28, 2023 - Oct 20, 2023	-22.39% Apr 28, 2015 - Feb 10, 2017
#4	-0.18% Dec 19, 2023 - Dec 21, 2023	-15.45% Sep 26, 2024 - May 12, 2025
#5	-0.17% Apr 1, 2019 - Apr 4, 2019	-11.49% Feb 11, 2026 - Jun 16, 2026
#6	-0.16% Sep 24, 2018 - Oct 22, 2018	-11.16% Jul 30, 2014 - Mar 18, 2015
#7	-0.15% Dec 19, 2019 - Jan 23, 2020	-9.95% Jul 16, 2024 - Aug 23, 2024
#8	-0.14% Mar 13, 2020 - Mar 18, 2020	-5.42% Oct 28, 2025 - Dec 15, 2025
#9	-0.11% Dec 4, 2018 - Dec 7, 2018	-5.17% Feb 16, 2021 - Jun 7, 2021
#10	-0.10% Nov 10, 2022 - Nov 14, 2022	-4.99% Oct 6, 2025 - Oct 27, 2025
#11	-0.10% Nov 13, 2017 - Nov 28, 2017	-4.52% Jun 7, 2021 - Sep 3, 2021
#12	-0.10% Aug 17, 2018 - Aug 22, 2018	-4.12% Aug 30, 2024 - Sep 19, 2024
#13	-0.09% Nov 6, 2023 - Nov 9, 2023	-3.97% Jun 22, 2026 - Aug 4, 2026
#14	-0.08% Dec 15, 2023 - Dec 19, 2023	-3.84% Jan 20, 2021 - Feb 8, 2021
#15	-0.08% Jul 11, 2024 - Jul 15, 2024	-3.06% Jul 23, 2025 - Aug 7, 2025

Correlation

Correlation between TBLL and IPAC is 0.91 which considered as a very strong positive correlation - the stocks move almost identically together.

0.91

-101

Dividend Comparison (2014 - 2026)

TBLL vs IPAC dividend yield comparison.

Year	TBLL	IPAC
2026	2.32%	1.04%
2025	4.08%	4.32%
2024	4.99%	3.43%
2023	4.63%	3.16%
2022	1.37%	2.76%
2021	0.03%	4.03%
2020	0.80%	1.68%
2019	2.08%	3.37%
2018	1.69%	2.95%
2017	0.71%	2.98%
2016	0.00%	2.66%
2015	0.00%	2.60%
2014	0.00%	0.96%