ALTL vs. SGOV
ALTL (Pacer Lunt Large Cap Alternator ETF) and SGOV (iShares 0-3 Month Treasury Bond ETF) are both exchange-traded funds - ALTL is a Large Cap Growth Equities fund tracking the Lunt Capital US Large Cap Equity Rotation Index, while SGOV is a Ultrashort Bond fund tracking the ICE 0-3 Month US Treasury Securities Index. Both are passively managed. Over the past 5 years, ALTL returned 5.11%/yr vs 3.58%/yr for SGOV. At a correlation of -0.01, they often move in opposite directions. ALTL charges 0.60%/yr vs 0.09%/yr for SGOV.
Performance
ALTL vs. SGOV - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, ALTL achieves a 15.79% return, which is significantly higher than SGOV's 1.71% return.
ALTL
- 1D
- -3.95%
- 1M
- 6.17%
- YTD
- 15.79%
- 6M
- 15.53%
- 1Y
- 39.21%
- 3Y*
- 12.68%
- 5Y*
- 5.11%
- 10Y*
- —
SGOV
- 1D
- 0.01%
- 1M
- 0.28%
- YTD
- 1.71%
- 6M
- 1.80%
- 1Y
- 3.92%
- 3Y*
- 4.68%
- 5Y*
- 3.58%
- 10Y*
- —
ALTL vs. SGOV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
ALTL Pacer Lunt Large Cap Alternator ETF | 15.79% | 16.61% | 12.30% | -15.85% | -10.67% | 45.30% | 35.38% |
SGOV iShares 0-3 Month Treasury Bond ETF | 1.71% | 4.24% | 5.27% | 5.12% | 1.58% | 0.04% | 0.04% |
Correlation
The correlation between ALTL and SGOV is -0.05, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.05 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.01 |
Correlation (5Y) Calculated over the trailing 5-year period | -0.01 |
Correlation (All Time) Calculated using the full available price history since Jun 25, 2020 | -0.02 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
ALTL vs. SGOV — Risk / Return Rank
ALTL
SGOV
ALTL vs. SGOV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Pacer Lunt Large Cap Alternator ETF (ALTL) and iShares 0-3 Month Treasury Bond ETF (SGOV). 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 | SGOV | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -18.40 | ||
| Sortino ratioReturn per unit of downside risk | -271.04 | ||
| Omega ratioGain probability vs. loss probability | 1.35 | 194.05 | -192.70 |
| Calmar ratioReturn relative to maximum drawdown | 4.02 | 395.07 | -391.04 |
| Martin ratioReturn relative to average drawdown | 13.55 | 4,426.92 | -4,413.37 |
Loading charts...
Drawdowns
ALTL vs. SGOV - Drawdown Comparison
The maximum ALTL drawdown since its inception was -31.91%, which is greater than SGOV's maximum drawdown of -0.03%. Use the drawdown chart below to compare losses from any high point for ALTL and SGOV.
Loading charts...
Drawdown Indicators
| ALTL | SGOV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -31.91% | -0.03% | -31.88% |
Max Drawdown (1Y)Largest decline over 1 year | -9.79% | -0.01% | -9.78% |
Max Drawdown (3Y)Largest decline over 3 years | -21.21% | -0.01% | -21.20% |
Max Drawdown (5Y)Largest decline over 5 years | -31.91% | -0.03% | -31.88% |
Current DrawdownCurrent decline from peak | -3.95% | 0.00% | -3.95% |
Average DrawdownAverage peak-to-trough decline | -11.50% | -0.00% | -11.50% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.90% | 0.00% | +2.90% |
Volatility
ALTL vs. SGOV - Volatility Comparison
Pacer Lunt Large Cap Alternator ETF (ALTL) has a higher volatility of 11.62% compared to iShares 0-3 Month Treasury Bond ETF (SGOV) at 0.06%. This indicates that ALTL's price experiences larger fluctuations and is considered to be riskier than SGOV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| ALTL | SGOV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.62% | 0.06% | +11.56% |
Volatility (6M)Calculated over the trailing 6-month period | 15.20% | 0.13% | +15.07% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.53% | 0.19% | +20.34% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.97% | 0.24% | +18.73% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.47% | 0.24% | +20.23% |
ALTL vs. SGOV - Expense Ratio Comparison
ALTL has a 0.60% expense ratio, which is higher than SGOV's 0.09% expense ratio.
Dividends
ALTL vs. SGOV - Dividend Comparison
ALTL's dividend yield for the trailing twelve months is around 0.88%, less than SGOV's 3.85% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
ALTL Pacer Lunt Large Cap Alternator ETF | 0.88% | 0.95% | 1.56% | 1.28% | 1.23% | 1.06% | 0.75% |
SGOV iShares 0-3 Month Treasury Bond ETF | 3.85% | 4.10% | 5.10% | 4.87% | 1.45% | 0.03% | 0.05% |
Frequently Asked Questions
ALTL and SGOV have a correlation of -0.05, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ALTL has higher volatility (11.62%) compared to SGOV (0.06%). In terms of maximum drawdown, ALTL dropped -31.91% vs SGOV's -0.03%.
On 5-year performance, ALTL leads with 5.11% vs 3.58% for SGOV. On fees, SGOV is cheaper at 0.09% per year. On volatility, SGOV has been the lower-risk option at 0.06%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, ALTL has performed better with a 5.11% return vs 3.58%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
SGOV is cheaper with a 0.09% expense ratio, compared with 0.60% for ALTL.
SGOV has the higher dividend yield at 3.85%, compared with 0.88% for ALTL.
ALTL is categorized as Large Cap Growth Equities, while SGOV is Ultrashort Bond. ALTL tracks Lunt Capital US Large Cap Equity Rotation Index, while SGOV tracks ICE 0-3 Month US Treasury Securities Index. They also come from different issuers: Pacer and iShares. Their fees differ too: 0.60% for ALTL and 0.09% for SGOV.
SGOV currently has the higher Sharpe Ratio (20.32 vs 1.92), 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.
Find the right allocation for ALTL and SGOV
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer