ALTL vs. IUSG

Last updated Jun 23, 2026

ALTL (Pacer Lunt Large Cap Alternator ETF) and IUSG (iShares Core S&P U.S. Growth ETF) are both Large Cap Growth Equities funds - ALTL tracks the Lunt Capital US Large Cap Equity Rotation Index while IUSG tracks the S&P 900 Growth Index. Both are passively managed. Over the past 5 years, ALTL returned 6.02%/yr vs 14.44%/yr for IUSG. A 0.58 correlation means they provide meaningful diversification when combined. ALTL charges 0.60%/yr vs 0.04%/yr for IUSG.

Performance

ALTL vs. IUSG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Pacer Lunt Large Cap Alternator ETF (ALTL) and iShares Core S&P U.S. Growth ETF (IUSG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ALTL achieves a 20.56% return, which is significantly higher than IUSG's 11.77% return.

ALTL

• 1D: 1.13%
• 1M: 10.54%
• YTD: 20.56%
• 6M: 20.25%
• 1Y: 46.05%
• 3Y*: 14.20%
• 5Y*: 6.02%
• 10Y*: —

IUSG

• 1D: -0.75%
• 1M: 0.47%
• YTD: 11.77%
• 6M: 11.28%
• 1Y: 31.51%
• 3Y*: 25.98%
• 5Y*: 14.44%
• 10Y*: 18.05%

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

ALTL vs. IUSG - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
ALTL Pacer Lunt Large Cap Alternator ETF	20.56%	16.61%	12.30%	-15.85%	-10.67%	45.30%	35.38%
IUSG iShares Core S&P U.S. Growth ETF	11.77%	21.23%	34.70%	29.28%	-28.81%	31.26%	25.87%

Correlation

The correlation between ALTL and IUSG is 0.55, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.55
Correlation (3Y) Calculated over the trailing 3-year period	0.52
Correlation (5Y) Calculated over the trailing 5-year period	0.61
Correlation (All Time) Calculated using the full available price history since Jun 25, 2020	0.58

The correlation between ALTL and IUSG has been stable across timeframes, ranging from 0.52 to 0.61 - a consistent structural relationship.

ALTL vs. IUSG - Sectors Allocation Comparison

Sectors	ALTL	IUSG
Technology	42.5%	50.8%
Financial Services	16.7%	8.7%
Real Estate	14.8%	0.8%
Consumer Cyclical	12.4%	8.4%
Industrials	9.7%	6.6%
Basic Materials	6.1%	0.5%
Utilities	4.0%	1.1%
Communication Services	3.7%	15.2%
Healthcare	1.9%	6.4%
Energy	1.8%	0.3%
Consumer Defensive	1.0%	1.2%

Return for Risk

ALTL vs. IUSG — Risk / Return Rank

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

ALTL

ALTL Risk / Return Rank: 77
ALTL Sharpe Ratio Rank: 75
ALTL Sortino Ratio Rank: 68
ALTL Omega Ratio Rank: 73
ALTL Calmar Ratio Rank: 87
ALTL Martin Ratio Rank: 82

IUSG

IUSG Risk / Return Rank: 55
IUSG Sharpe Ratio Rank: 58
IUSG Sortino Ratio Rank: 55
IUSG Omega Ratio Rank: 54
IUSG Calmar Ratio Rank: 50
IUSG Martin Ratio Rank: 58

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. IUSG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Pacer Lunt Large Cap Alternator ETF (ALTL) and iShares Core S&P U.S. Growth ETF (IUSG). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	ALTL	IUSG	Difference
Sharpe ratio: Return per unit of total volatility	2.30	1.89	+0.41
Sortino ratio: Return per unit of downside risk	2.98	2.55	+0.43
Omega ratio: Gain probability vs. loss probability	1.42	1.33	+0.09
Calmar ratio: Return relative to maximum drawdown	4.73	2.42	+2.31
Martin ratio: Return relative to average drawdown	15.98	9.93	+6.05

ALTL vs. IUSG - Sharpe Ratio Comparison

The current ALTL Sharpe Ratio is 2.30, which is comparable to the IUSG Sharpe Ratio of 1.89. The chart below compares the historical Sharpe Ratios of ALTL and IUSG, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

ALTL vs. IUSG - Drawdown Comparison

The maximum ALTL drawdown since its inception was -31.91%, smaller than the maximum IUSG drawdown of -63.41%. Use the drawdown chart below to compare losses from any high point for ALTL and IUSG.

Drawdown Indicators

	ALTL	IUSG	Difference
Max Drawdown Largest peak-to-trough decline	-31.91%	-63.41%	+31.50%
Max Drawdown (1Y) Largest decline over 1 year	-9.79%	-13.07%	+3.28%
Max Drawdown (3Y) Largest decline over 3 years	-21.21%	-22.28%	+1.07%
Max Drawdown (5Y) Largest decline over 5 years	-31.91%	-32.21%	+0.30%
Max Drawdown (10Y) Largest decline over 10 years	—	-32.35%	—
Current Drawdown Current decline from peak	0.00%	-2.99%	+2.99%
Average Drawdown Average peak-to-trough decline	-11.50%	-21.40%	+9.90%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.89%	3.18%	-0.29%

Volatility

ALTL vs. IUSG - Volatility Comparison

Pacer Lunt Large Cap Alternator ETF (ALTL) has a higher volatility of 10.73% compared to iShares Core S&P U.S. Growth ETF (IUSG) at 6.76%. This indicates that ALTL's price experiences larger fluctuations and is considered to be riskier than IUSG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ALTL	IUSG	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.73%	6.76%	+3.97%
Volatility (6M) Calculated over the trailing 6-month period	14.62%	13.49%	+1.13%
Volatility (1Y) Calculated over the trailing 1-year period	20.16%	16.78%	+3.38%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.89%	21.03%	-2.14%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.41%	20.50%	-0.09%

ALTL vs. IUSG - Expense Ratio Comparison

ALTL has a 0.60% expense ratio, which is higher than IUSG's 0.04% expense ratio.

Dividends

ALTL vs. IUSG - Dividend Comparison

ALTL's dividend yield for the trailing twelve months is around 0.85%, more than IUSG's 0.49% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ALTL Pacer Lunt Large Cap Alternator ETF	0.85%	0.95%	1.56%	1.28%	1.23%	1.06%	0.75%	0.00%	0.00%	0.00%	0.00%	0.00%
IUSG iShares Core S&P U.S. Growth ETF	0.49%	0.53%	0.59%	1.12%	1.07%	0.59%	0.93%	1.64%	1.32%	1.28%	1.48%	1.29%

Frequently Asked Questions

Can I hold both ALTL and IUSG in my portfolio?

ALTL and IUSG have a correlation of 0.55, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, ALTL or IUSG?

ALTL has higher volatility (10.73%) compared to IUSG (6.76%). In terms of maximum drawdown, ALTL dropped -31.91% vs IUSG's -63.41%.

Which ETF is better, ALTL or IUSG?

On 5-year performance, IUSG leads with 14.44% vs 6.02% for ALTL. On fees, IUSG is cheaper at 0.04% per year. On volatility, IUSG has been the lower-risk option at 6.76%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, ALTL or IUSG?

Over the 5-year period, IUSG has performed better with a 14.44% return vs 6.02%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, ALTL or IUSG?

IUSG is cheaper with a 0.04% expense ratio, compared with 0.60% for ALTL.

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

ALTL has the higher dividend yield at 0.85%, compared with 0.49% for IUSG.

What is the main difference between ALTL and IUSG?

ALTL tracks Lunt Capital US Large Cap Equity Rotation Index, while IUSG tracks S&P 900 Growth Index. They also come from different issuers: Pacer and iShares. Their fees differ too: 0.60% for ALTL and 0.04% for IUSG.

Which has better risk-adjusted returns?

ALTL currently has the higher Sharpe Ratio (2.30 vs 1.89), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.