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VTEC vs IPAC

Comparison between VANGUARD CALIFORNIA TAX-EXEMPT BOND ETF ETF SHARES (VTEC, ETF) and ISHARES CORE MSCI PACIFIC ETF (IPAC, ETF).

VTEC vs IPAC - Performance Comparison

Key Characteristics

Financial metrics and valuation ratios

Net Assets
VTEC
$2.60B
IPAC
$2.60B
Expense Ratio
Winner
VTEC
0.06%
IPAC
0.09%
Max Drawdown
Winner
VTEC
5.70%
IPAC
35.11%
Sharpe Ratio
VTEC
0.98
Winner
IPAC
1.21
5Y Beta
Winner
VTEC
0.04
IPAC
0.82
5Y Dividends CAGR
VTEC
N/A
IPAC
14.82%

VTEC vs IPAC - Historical Returns

Returns include dividend reinvestment.

1M
Winner
VTEC
+0.64%
IPAC
-0.08%
3M
VTEC
+0.87%
Winner
IPAC
+7.52%
6M
VTEC
+1.53%
Winner
IPAC
+13.03%
1Y
VTEC
+6.20%
Winner
IPAC
+25.91%
5Y(CAGR)
VTEC
N/A
IPAC
+7.47%
10Y(CAGR)
VTEC
N/A
IPAC
+9.29%
Max(CAGR)
VTEC
+2.70%
Winner
IPAC
+7.27%

VTEC vs IPAC - Annual Returns (2014 - 2026)

Returns include dividend reinvestment.

YearVTECIPAC
2026+0.95%+11.50%
2025+3.86%+25.63%
2024+1.42%+7.18%
2023N/A+14.24%
2022N/A-13.68%
2021N/A+3.83%
2020N/A+11.23%
2019N/A+18.82%
2018N/A-13.52%
2017N/A+24.89%
2016N/A+6.70%
2015N/A+3.73%
2014N/A-5.19%

VTEC vs IPAC Drawdown Comparison

The maximum drawdown for VTEC was -4.50%, occurring on Apr 8, 2025. Recovery took 190 trading sessions.

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

The current VTEC drawdown is -0.81%. The current IPAC drawdown is -1.49%.

RankVTECIPAC
#1-4.50%
Dec 2, 2024 - Sep 8, 2025
-30.99%
Jan 26, 2018 - Nov 9, 2020
#2-2.85%
Feb 27, 2026 - Mar 27, 2026
-29.61%
Sep 13, 2021 - Jul 12, 2024
#3-2.43%
Feb 1, 2024 - Aug 1, 2024
-22.39%
Apr 28, 2015 - Feb 10, 2017
#4-2.13%
Oct 1, 2024 - Dec 2, 2024
-15.45%
Sep 26, 2024 - May 12, 2025
#5-0.79%
Aug 6, 2024 - Sep 5, 2024
-11.49%
Feb 11, 2026 - Mar 20, 2026
#6-0.47%
Sep 17, 2025 - Oct 10, 2025
-11.16%
Jul 30, 2014 - Mar 18, 2015
#7-0.44%
Nov 26, 2025 - Dec 24, 2025
-9.95%
Jul 16, 2024 - Aug 23, 2024
#8-0.42%
Nov 11, 2025 - Nov 26, 2025
-5.42%
Oct 28, 2025 - Dec 15, 2025
#9-0.34%
Oct 29, 2025 - Nov 11, 2025
-5.17%
Feb 16, 2021 - Jun 7, 2021
#10-0.31%
Jan 14, 2026 - Jan 30, 2026
-4.99%
Oct 6, 2025 - Oct 27, 2025
#11-0.16%
Sep 27, 2024 - Oct 1, 2024
-4.52%
Jun 7, 2021 - Sep 3, 2021
#12-0.12%
Sep 10, 2024 - Sep 13, 2024
-4.12%
Aug 30, 2024 - Sep 19, 2024
#13-0.11%
Sep 17, 2024 - Sep 26, 2024
-3.84%
Jan 20, 2021 - Feb 8, 2021
#14-0.10%
Sep 8, 2025 - Sep 10, 2025
-3.06%
Jul 23, 2025 - Aug 7, 2025
#15-0.09%
Sep 11, 2025 - Sep 15, 2025
-2.78%
Jun 27, 2025 - Jul 23, 2025

Correlation

Correlation between VTEC and IPAC is 0.90 which considered as a strong positive correlation - the stocks tend to move together.

0.90
-101

Dividend Comparison (2014 - 2026)

VTEC vs IPAC dividend yield comparison.

YearVTECIPAC
20261.28%0.00%
20253.13%4.32%
20242.54%3.43%
20230.00%3.16%
20220.00%2.76%
20210.00%4.03%
20200.00%1.68%
20190.00%3.37%
20180.00%2.95%
20170.00%2.98%
20160.00%2.66%
20150.00%2.60%
20140.00%0.96%

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