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GMF vs IPAC

State Street SPDR S&P Emerging Asia Pacific ETF vs iShares Core MSCI Pacific ETF

GMF

State Street SPDR S&P Emerging Asia Pacific ETF

State Street Investment Management

Annual cost

0.49%

Fund size

$386M

IPAC

iShares Core MSCI Pacific ETF

iShares

Annual cost

0.09%

Fund size

$2.5B

Key differences

  • IPAC costs 0.40% less per year.
  • IPAC is significantly larger than GMF — larger funds tend to be more liquid and less likely to close.
  • GMF is classified as alternative, while IPAC is equity — different risk/return profiles.
  • Over the last 3 years, GMF has delivered higher annualized returns.
  • GMF has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

GMFIPAC
Annual cost (TER)0.49%0.09%
Fund size (AUM)$386M$2.5B
Since20072014
Dividend yield1.39%3.92%
Asset classalternativeequity
Regionemerging markets
Strategyindex trackingindex tracking
CAGR 1Y+26.7%+29.3%
CAGR 3Y+17.9%+16.5%
CAGR 5Y+5.8%+8.1%
Sharpe 3Y0.840.79
Volatility 1Y16.22%16.58%
Max drawdown-40.18%-31.00%

Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.

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