CCSO vs. PEXL

Last updated Jun 24, 2026

CCSO (Carbon Collective Climate Solutions U.S. Equity ETF) and PEXL (Pacer US Export Leaders ETF) are both Mid Cap Blend Equities funds. CCSO is actively managed, while PEXL is passively managed. Over the past 3 years, CCSO returned 14.50%/yr vs 20.68%/yr for PEXL. Their correlation of 0.81 suggests significant overlap in exposure. CCSO charges 0.35%/yr vs 0.60%/yr for PEXL.

Performance

CCSO vs. PEXL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Carbon Collective Climate Solutions U.S. Equity ETF (CCSO) and Pacer US Export Leaders ETF (PEXL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CCSO achieves a 12.49% return, which is significantly lower than PEXL's 19.63% return.

CCSO

• 1D: -2.36%
• 1M: -2.04%
• YTD: 12.49%
• 6M: 10.17%
• 1Y: 26.08%
• 3Y*: 14.50%
• 5Y*: —
• 10Y*: —

PEXL

• 1D: -2.96%
• 1M: 2.42%
• YTD: 19.63%
• 6M: 18.58%
• 1Y: 45.53%
• 3Y*: 20.68%
• 5Y*: 12.45%
• 10Y*: —

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

CCSO vs. PEXL - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
CCSO Carbon Collective Climate Solutions U.S. Equity ETF	12.49%	21.79%	3.89%	14.58%	-12.52%
PEXL Pacer US Export Leaders ETF	19.63%	27.33%	5.79%	24.40%	3.47%

Correlation

The correlation between CCSO and PEXL is 0.75, 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	0.75
Correlation (3Y) Calculated over the trailing 3-year period	0.79
Correlation (All Time) Calculated using the full available price history since Sep 20, 2022	0.81

The correlation between CCSO and PEXL has been stable across timeframes, ranging from 0.75 to 0.81 - a consistent structural relationship.

CCSO vs. PEXL - Sectors Allocation Comparison

Sectors	CCSO	PEXL
Industrials	47.4%	6.1%
Basic Materials	16.3%	3.8%
Technology	11.7%	58.8%
Consumer Cyclical	9.2%	3.8%
Utilities	7.8%	-
Energy	7.0%	0.9%
Financial Services	0.5%	-
Consumer Defensive	0.1%	5.9%
Communication Services	-	13.9%
Healthcare	-	6.8%
Real Estate	-	-

Return for Risk

CCSO vs. PEXL — Risk / Return Rank

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

CCSO

CCSO Risk / Return Rank: 38
CCSO Sharpe Ratio Rank: 35
CCSO Sortino Ratio Rank: 33
CCSO Omega Ratio Rank: 32
CCSO Calmar Ratio Rank: 49
CCSO Martin Ratio Rank: 41

PEXL

PEXL Risk / Return Rank: 79
PEXL Sharpe Ratio Rank: 80
PEXL Sortino Ratio Rank: 76
PEXL Omega Ratio Rank: 73
PEXL Calmar Ratio Rank: 81
PEXL Martin Ratio Rank: 85

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.

CCSO vs. PEXL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Carbon Collective Climate Solutions U.S. Equity ETF (CCSO) and Pacer US Export Leaders ETF (PEXL). 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.

	CCSO	PEXL	Difference
Sharpe ratio: Return per unit of total volatility	1.17	2.38	-1.21
Sortino ratio: Return per unit of downside risk	1.67	3.14	-1.47
Omega ratio: Gain probability vs. loss probability	1.21	1.40	-0.19
Calmar ratio: Return relative to maximum drawdown	2.25	4.00	-1.75
Martin ratio: Return relative to average drawdown	6.30	16.56	-10.26

CCSO vs. PEXL - Sharpe Ratio Comparison

The current CCSO Sharpe Ratio is 1.17, which is lower than the PEXL Sharpe Ratio of 2.38. The chart below compares the historical Sharpe Ratios of CCSO and PEXL, 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

CCSO vs. PEXL - Drawdown Comparison

The maximum CCSO drawdown since its inception was -23.69%, smaller than the maximum PEXL drawdown of -36.76%. Use the drawdown chart below to compare losses from any high point for CCSO and PEXL.

Drawdown Indicators

	CCSO	PEXL	Difference
Max Drawdown Largest peak-to-trough decline	-23.69%	-36.76%	+13.07%
Max Drawdown (1Y) Largest decline over 1 year	-11.62%	-11.43%	-0.19%
Max Drawdown (3Y) Largest decline over 3 years	-23.69%	-24.72%	+1.03%
Max Drawdown (5Y) Largest decline over 5 years	—	-30.44%	—
Current Drawdown Current decline from peak	-7.75%	-3.37%	-4.38%
Average Drawdown Average peak-to-trough decline	-7.18%	-6.69%	-0.49%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.15%	2.76%	+1.39%

Volatility

CCSO vs. PEXL - Volatility Comparison

Carbon Collective Climate Solutions U.S. Equity ETF (CCSO) and Pacer US Export Leaders ETF (PEXL) have volatilities of 9.06% and 8.72%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CCSO	PEXL	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.06%	8.72%	+0.34%
Volatility (6M) Calculated over the trailing 6-month period	17.69%	14.95%	+2.74%
Volatility (1Y) Calculated over the trailing 1-year period	22.49%	19.25%	+3.24%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.36%	22.12%	+1.24%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.36%	24.13%	-0.77%

CCSO vs. PEXL - Expense Ratio Comparison

CCSO has a 0.35% expense ratio, which is lower than PEXL's 0.60% expense ratio.

Dividends

CCSO vs. PEXL - Dividend Comparison

CCSO's dividend yield for the trailing twelve months is around 0.56%, more than PEXL's 0.30% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
CCSO Carbon Collective Climate Solutions U.S. Equity ETF	0.56%	0.63%	0.53%	0.80%	0.24%	0.00%	0.00%	0.00%	0.00%
PEXL Pacer US Export Leaders ETF	0.30%	0.44%	0.48%	0.48%	0.60%	0.22%	0.48%	0.49%	0.29%

Frequently Asked Questions

Can I hold both CCSO and PEXL in my portfolio?

CCSO and PEXL have a correlation of 0.75, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, CCSO or PEXL?

CCSO has higher volatility (9.06%) compared to PEXL (8.72%). In terms of maximum drawdown, CCSO dropped -23.69% vs PEXL's -36.76%.

Which ETF is better, CCSO or PEXL?

On 3-year performance, PEXL leads with 20.68% vs 14.50% for CCSO. On fees, CCSO is cheaper at 0.35% per year. On volatility, PEXL has been the lower-risk option at 8.72%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, CCSO or PEXL?

Over the 3-year period, PEXL has performed better with a 20.68% return vs 14.50%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, CCSO or PEXL?

CCSO is cheaper with a 0.35% expense ratio, compared with 0.60% for PEXL.

Which ETF pays a higher dividend yield, CCSO or PEXL?

CCSO has the higher dividend yield at 0.56%, compared with 0.30% for PEXL.

What is the main difference between CCSO and PEXL?

They also come from different issuers: Carbon Collective and Pacer. Their fees differ too: 0.35% for CCSO and 0.60% for PEXL.

Which has better risk-adjusted returns?

PEXL currently has the higher Sharpe Ratio (2.38 vs 1.17), 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.