ETF comparison
EWA vs IPAC
Both International Developed.
Holdings overlap
46 positions appear in both funds. Buying equal dollars of EWA and IPAC would leave roughly 15.7% of each dollar exposed to the same underlying securities.
Side by side
Sub-score comparison
Tracking quality isn't part of the composite — see what we don't score for why.
Cost difference
IPAC is 41 bps cheaper than EWA. On a $100,000 position that's about $410/yr more in fees for EWA.
Fee figure is the annual expense charged on $100,000. To see how the gap compounds over a multi-decade holding period, open the cost calculator pre-filled with EWA vs IPAC.
Top shared holdings
46 shared in total| # | Holding | In EWA | In IPAC | Overlap |
|---|---|---|---|---|
| 1 | COMMONWEALTH BANK OF AUSTRALIA | 13.89% | 2.30% | 2.30% |
| 2 | BHP GROUP LIMITED | 13.79% | 2.19% | 2.19% |
| 3 | WESTPAC BANKING CORPORATION | 6.92% | 1.04% | 1.04% |
| 4 | NATIONAL AUSTRALIA BANK LIMITED | 7.14% | 0.97% | 0.97% |
| 5 | ANZ GROUP HOLDINGS LIMITED | 5.68% | 0.87% | 0.87% |
| 6 | MACQUARIE GROUP LIMITED. | 3.68% | 0.68% | 0.68% |
| 7 | WESFARMERS LIMITED | 4.30% | 0.66% | 0.66% |
| 8 | WOODSIDE ENERGY GROUP LTD | 2.60% | 0.50% | 0.50% |
| 9 | RIO TINTO LIMITED | 2.95% | 0.50% | 0.50% |
| 10 | GOODMAN GROUP | 2.81% | 0.48% | 0.48% |
| 11 | CSL LIMITED | 3.40% | 0.48% | 0.48% |
| 12 | TRANSURBAN GROUP | 2.12% | 0.34% | 0.34% |
Only in EWA
0 totalEvery EWA position is also held by IPAC.
Only in IPAC
1,321 total- Mitsubishi UFJ Financial Group, Inc. 2.21%
- TOYOTA MOTOR CORPORATION 1.98%
- Hitachi, Ltd. 1.59%
- ADVANTEST CORPORATION 1.56%
- Tokyo Electron Limited 1.44%
- Sumitomo Mitsui Financial Group, Inc. 1.41%
- SoftBank Group Corp. 1.38%
- Sony Group Corporation 1.34%
- AIA Group Limited 1.25%
- Mizuho Financial Group, Inc. 1.17%
Open EWA or IPAC at a brokerage
Both funds trade commission-free at major US brokerages.
Affiliate links — opening an account through these earns PlainIndex a one-time referral. Scoring is computed before any affiliate consideration; see our methodology and funding disclosure.
Holdings overlap is the sum of min(weight_a, weight_b) over positions
matched on ISIN (CUSIP fallback). Methodology: see
/methodology/.
Comparing two funds doesn't endorse swapping one for the other. Tax-lot history, account type, and personal goals matter — PlainIndex publishes data and methodology, not investment advice.