ALTL vs. SPGP
Compare and contrast key facts about Pacer Lunt Large Cap Alternator ETF (ALTL) and Invesco S&P 500 GARP ETF (SPGP).
ALTL and SPGP are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. ALTL is a passively managed fund by Pacer that tracks the performance of the Lunt Capital US Large Cap Equity Rotation Index. It was launched on Jun 24, 2020. SPGP is a passively managed fund by Invesco that tracks the performance of the S&P 500 GARP Index. It was launched on Jun 16, 2011. Both ALTL and SPGP are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Performance
ALTL vs. SPGP - Performance Comparison
Loading graphics...
ALTL vs. SPGP - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
ALTL Pacer Lunt Large Cap Alternator ETF | 2.39% | 16.61% | 12.30% | -15.85% | -10.67% | 45.30% | 33.74% |
SPGP Invesco S&P 500 GARP ETF | -5.19% | 9.80% | 8.48% | 20.29% | -13.83% | 35.72% | 32.42% |
Returns By Period
In the year-to-date period, ALTL achieves a 2.39% return, which is significantly higher than SPGP's -5.19% return.
ALTL
- 1D
- 0.37%
- 1M
- -5.36%
- YTD
- 2.39%
- 6M
- 4.18%
- 1Y
- 27.47%
- 3Y*
- 6.25%
- 5Y*
- 3.27%
- 10Y*
- —
SPGP
- 1D
- 3.24%
- 1M
- -6.43%
- YTD
- -5.19%
- 6M
- -4.81%
- 1Y
- 8.81%
- 3Y*
- 9.45%
- 5Y*
- 6.73%
- 10Y*
- 13.70%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
ALTL vs. SPGP - Expense Ratio Comparison
ALTL has a 0.60% expense ratio, which is higher than SPGP's 0.36% expense ratio.
Return for Risk
ALTL vs. SPGP — Risk / Return Rank
ALTL
SPGP
ALTL vs. SPGP - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Pacer Lunt Large Cap Alternator ETF (ALTL) and Invesco S&P 500 GARP ETF (SPGP). 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 | SPGP | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.49 | 0.41 | +1.08 |
Sortino ratioReturn per unit of downside risk | 2.03 | 0.74 | +1.29 |
Omega ratioGain probability vs. loss probability | 1.28 | 1.10 | +0.18 |
Calmar ratioReturn relative to maximum drawdown | 2.98 | 0.65 | +2.33 |
Martin ratioReturn relative to average drawdown | 10.34 | 2.64 | +7.70 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| ALTL | SPGP | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.49 | 0.41 | +1.08 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.18 | 0.37 | -0.19 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.65 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.62 | 0.70 | -0.08 |
Correlation
The correlation between ALTL and SPGP is 0.72, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
ALTL vs. SPGP - Dividend Comparison
ALTL's dividend yield for the trailing twelve months is around 1.07%, more than SPGP's 0.98% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ALTL Pacer Lunt Large Cap Alternator ETF | 1.07% | 0.95% | 1.56% | 1.28% | 1.23% | 1.06% | 0.75% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPGP Invesco S&P 500 GARP ETF | 0.98% | 1.04% | 1.38% | 1.24% | 1.22% | 0.69% | 1.10% | 0.86% | 0.95% | 0.68% | 0.89% | 1.12% |
Drawdowns
ALTL vs. SPGP - Drawdown Comparison
The maximum ALTL drawdown since its inception was -31.91%, smaller than the maximum SPGP drawdown of -42.08%. Use the drawdown chart below to compare losses from any high point for ALTL and SPGP.
Loading graphics...
Drawdown Indicators
| ALTL | SPGP | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -31.91% | -42.08% | +10.17% |
Max Drawdown (1Y)Largest decline over 1 year | -9.79% | -15.00% | +5.21% |
Max Drawdown (5Y)Largest decline over 5 years | -31.91% | -22.87% | -9.04% |
Max Drawdown (10Y)Largest decline over 10 years | — | -42.08% | — |
Current DrawdownCurrent decline from peak | -5.43% | -8.27% | +2.84% |
Average DrawdownAverage peak-to-trough decline | -11.85% | -4.39% | -7.46% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.82% | 3.68% | -0.86% |
Volatility
ALTL vs. SPGP - Volatility Comparison
The current volatility for Pacer Lunt Large Cap Alternator ETF (ALTL) is 2.97%, while Invesco S&P 500 GARP ETF (SPGP) has a volatility of 6.32%. This indicates that ALTL experiences smaller price fluctuations and is considered to be less risky than SPGP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| ALTL | SPGP | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.97% | 6.32% | -3.35% |
Volatility (6M)Calculated over the trailing 6-month period | 13.20% | 11.82% | +1.38% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.61% | 21.82% | -3.21% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.23% | 18.49% | -0.26% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.11% | 21.17% | -1.06% |