ALTL vs. MSFT
Compare and contrast key facts about Pacer Lunt Large Cap Alternator ETF (ALTL) and Microsoft Corporation (MSFT).
ALTL is a passively managed fund by Pacer Advisors that tracks the performance of the Lunt Capital US Large Cap Equity Rotation Index. It was launched on Jun 24, 2020.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ALTL or MSFT.
Key characteristics
| ALTL | MSFT | |
|---|---|---|
| YTD Return | 2.34% | 8.98% |
| 1Y Return | -2.21% | 49.74% |
| 3Y Return (Ann) | -3.73% | 17.17% |
| Sharpe Ratio | -0.35 | 2.11 |
| Daily Std Dev | 15.23% | 22.01% |
| Max Drawdown | -31.91% | -69.41% |
| Current Drawdown | -24.40% | -4.73% |
Correlation
The correlation between ALTL and MSFT is 0.45, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
ALTL vs. MSFT - Performance Comparison
In the year-to-date period, ALTL achieves a 2.34% return, which is significantly lower than MSFT's 8.98% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
ALTL vs. MSFT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Pacer Lunt Large Cap Alternator ETF (ALTL) and Microsoft Corporation (MSFT). 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.
Dividends
ALTL vs. MSFT - Dividend Comparison
ALTL's dividend yield for the trailing twelve months is around 1.21%, more than MSFT's 0.70% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ALTL Pacer Lunt Large Cap Alternator ETF | 1.21% | 1.28% | 1.23% | 1.06% | 0.75% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
MSFT Microsoft Corporation | 0.70% | 0.74% | 1.06% | 0.68% | 0.94% | 1.20% | 1.69% | 1.86% | 2.37% | 2.33% | 2.48% | 2.59% |
Drawdowns
ALTL vs. MSFT - Drawdown Comparison
The maximum ALTL drawdown since its inception was -31.91%, smaller than the maximum MSFT drawdown of -69.41%. Use the drawdown chart below to compare losses from any high point for ALTL and MSFT. For additional features, visit the drawdowns tool.
Volatility
ALTL vs. MSFT - Volatility Comparison
The current volatility for Pacer Lunt Large Cap Alternator ETF (ALTL) is 2.97%, while Microsoft Corporation (MSFT) has a volatility of 4.71%. This indicates that ALTL experiences smaller price fluctuations and is considered to be less risky than MSFT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.