ALTL vs. GRW

Last updated Jun 4, 2026

ALTL (Pacer Lunt Large Cap Alternator ETF) and GRW (TCW Durable Growth ETF) are both Large Cap Growth Equities funds. ALTL is passively managed, while GRW is actively managed. At a 0.40 correlation, their price movements are largely independent. ALTL charges 0.60%/yr vs 0.75%/yr for GRW.

Performance

ALTL vs. GRW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Pacer Lunt Large Cap Alternator ETF (ALTL) and TCW Durable Growth ETF (GRW). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

ALTL

• 1D: -0.66%
• 1M: 12.43%
• YTD: 16.90%
• 6M: 16.56%
• 1Y: 44.84%
• 3Y*: 13.86%
• 5Y*: 5.04%
• 10Y*: —

GRW

• 1D: -0.32%
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

ALTL vs. GRW - Yearly Performance Comparison

	2026 (YTD)
ALTL Pacer Lunt Large Cap Alternator ETF	2.86%
GRW TCW Durable Growth ETF	1.29%

Correlation

The correlation between ALTL and GRW is 0.40, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since May 29, 2026	0.40

ALTL vs. GRW - Sectors Allocation Comparison

Sectors	ALTL	GRW
Utilities	26.8%	-
Financial Services	16.6%	9.8%
Real Estate	14.8%	-
Consumer Defensive	10.8%	-
Industrials	10.2%	38.1%
Healthcare	6.8%	4.1%
Consumer Cyclical	5.7%	8.3%
Technology	4.6%	26.6%
Basic Materials	2.0%	4.0%
Energy	0.9%	-
Communication Services	0.8%	9.1%

Return for Risk

ALTL vs. GRW — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

ALTL

ALTL Risk / Return Rank: 78
ALTL Sharpe Ratio Rank: 77
ALTL Sortino Ratio Rank: 72
ALTL Omega Ratio Rank: 74
ALTL Calmar Ratio Rank: 84
ALTL Martin Ratio Rank: 82

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

ALTL vs. GRW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Pacer Lunt Large Cap Alternator ETF (ALTL) and TCW Durable Growth ETF (GRW). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	ALTL	GRW	Difference
Sharpe ratio: Return per unit of total volatility	2.51	—	—
Sortino ratio: Return per unit of downside risk	3.29	—	—
Omega ratio: Gain probability vs. loss probability	1.44	—	—
Calmar ratio: Return relative to maximum drawdown	4.60	—	—
Martin ratio: Return relative to average drawdown	16.35	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	ALTL	GRW	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.51	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.28	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.73	14.00	-13.27

Drawdowns

ALTL vs. GRW - Drawdown Comparison

The maximum ALTL drawdown since its inception was -31.91%, which is greater than GRW's maximum drawdown of -0.45%. Use the drawdown chart below to compare losses from any high point for ALTL and GRW.

Drawdown Indicators

	ALTL	GRW	Difference
Max Drawdown Largest peak-to-trough decline	-31.91%	-0.45%	-31.46%
Max Drawdown (1Y) Largest decline over 1 year	-9.79%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-21.21%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-31.91%	—	—
Current Drawdown Current decline from peak	-0.66%	-0.45%	-0.21%
Average Drawdown Average peak-to-trough decline	-11.58%	-0.14%	-11.44%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.75%	—	—

Volatility

Volatility by Period

	ALTL	GRW	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.26%	—	—
Volatility (6M) Calculated over the trailing 6-month period	10.97%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	18.05%	10.19%	+7.86%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.38%	10.19%	+8.19%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.09%	10.19%	+9.90%

ALTL vs. GRW - Expense Ratio Comparison

ALTL has a 0.60% expense ratio, which is lower than GRW's 0.75% expense ratio.

Dividends

ALTL vs. GRW - Dividend Comparison

ALTL's dividend yield for the trailing twelve months is around 0.94%, while GRW has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020
ALTL Pacer Lunt Large Cap Alternator ETF	0.94%	0.95%	1.56%	1.28%	1.23%	1.06%	0.75%
GRW TCW Durable Growth ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both ALTL and GRW in my portfolio?

ALTL and GRW have a correlation of 0.40, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, ALTL or GRW?

On fees, ALTL is cheaper at 0.60% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, ALTL or GRW?

ALTL is cheaper with a 0.60% expense ratio, compared with 0.75% for GRW.

Which ETF pays a higher dividend yield, ALTL or GRW?

ALTL has the higher dividend yield at 0.94%, compared with 0.00% for GRW.

What is the main difference between ALTL and GRW?

They also come from different issuers: Pacer and TCW. Their fees differ too: 0.60% for ALTL and 0.75% for GRW.