COLD vs. ALTL

Last updated Jun 25, 2026

COLD (Americold Realty Trust) is a stock, while ALTL (Pacer Lunt Large Cap Alternator ETF) is Large Cap Growth Equities fund tracking the Lunt Capital US Large Cap Equity Rotation Index. Over the past 5 years, COLD returned -15.12%/yr vs 5.00%/yr for ALTL. At a 0.36 correlation, their price movements are largely independent.

Performance

COLD vs. ALTL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Americold Realty Trust (COLD) and Pacer Lunt Large Cap Alternator ETF (ALTL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, COLD achieves a 12.21% return, which is significantly lower than ALTL's 16.09% return.

COLD

• 1D: 0.28%
• 1M: -4.52%
• YTD: 12.21%
• 6M: 16.80%
• 1Y: -12.70%
• 3Y*: -19.31%
• 5Y*: -15.12%
• 10Y*: —

ALTL

• 1D: 0.26%
• 1M: 6.45%
• YTD: 16.09%
• 6M: 15.31%
• 1Y: 36.49%
• 3Y*: 12.77%
• 5Y*: 5.00%
• 10Y*: —

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

COLD vs. ALTL - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
COLD Americold Realty Trust	12.21%	-36.17%	-26.72%	10.11%	-10.89%	-9.89%	4.05%
ALTL Pacer Lunt Large Cap Alternator ETF	16.09%	16.61%	12.30%	-15.85%	-10.67%	45.30%	35.38%

Correlation

The correlation between COLD and ALTL is 0.25, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.25
Correlation (3Y) Calculated over the trailing 3-year period	0.36
Correlation (5Y) Calculated over the trailing 5-year period	0.42
Correlation (All Time) Calculated using the full available price history since Jun 25, 2020	0.36

The correlation between COLD and ALTL shifts across timeframes, from 0.25 (1 year) to 0.42 (5 years), reflecting how their relationship changes across market environments.

Return for Risk

COLD vs. ALTL — Risk / Return Rank

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

COLD

COLD Risk / Return Rank: 31
COLD Sharpe Ratio Rank: 31
COLD Sortino Ratio Rank: 29
COLD Omega Ratio Rank: 30
COLD Calmar Ratio Rank: 33
COLD Martin Ratio Rank: 32

ALTL

ALTL Risk / Return Rank: 67
ALTL Sharpe Ratio Rank: 62
ALTL Sortino Ratio Rank: 56
ALTL Omega Ratio Rank: 63
ALTL Calmar Ratio Rank: 80
ALTL Martin Ratio Rank: 76

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.

COLD vs. ALTL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Americold Realty Trust (COLD) and Pacer Lunt Large Cap Alternator ETF (ALTL). 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.

	COLD	ALTL	Difference
Sharpe ratio: Return per unit of total volatility	-0.28	1.80	-2.08
Sortino ratio: Return per unit of downside risk	-0.14	2.38	-2.52
Omega ratio: Gain probability vs. loss probability	0.98	1.33	-0.35
Calmar ratio: Return relative to maximum drawdown	-0.32	3.75	-4.07
Martin ratio: Return relative to average drawdown	-0.60	12.57	-13.17

COLD vs. ALTL - Sharpe Ratio Comparison

The current COLD Sharpe Ratio is -0.28, which is lower than the ALTL Sharpe Ratio of 1.80. The chart below compares the historical Sharpe Ratios of COLD and ALTL, 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

COLD vs. ALTL - Drawdown Comparison

The maximum COLD drawdown since its inception was -70.76%, which is greater than ALTL's maximum drawdown of -31.91%. Use the drawdown chart below to compare losses from any high point for COLD and ALTL.

Drawdown Indicators

	COLD	ALTL	Difference
Max Drawdown Largest peak-to-trough decline	-70.76%	-31.91%	-38.85%
Max Drawdown (1Y) Largest decline over 1 year	-39.28%	-9.79%	-29.49%
Max Drawdown (3Y) Largest decline over 3 years	-67.06%	-21.21%	-45.85%
Max Drawdown (5Y) Largest decline over 5 years	-70.76%	-31.91%	-38.85%
Current Drawdown Current decline from peak	-57.58%	-3.70%	-53.88%
Average Drawdown Average peak-to-trough decline	-22.51%	-11.49%	-11.02%
Ulcer Index Depth and duration of drawdowns from previous peaks	21.91%	2.91%	+19.00%

Volatility

COLD vs. ALTL - Volatility Comparison

The current volatility for Americold Realty Trust (COLD) is 9.58%, while Pacer Lunt Large Cap Alternator ETF (ALTL) has a volatility of 11.57%. This indicates that COLD experiences smaller price fluctuations and is considered to be less risky than ALTL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	COLD	ALTL	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.58%	11.57%	-1.99%
Volatility (6M) Calculated over the trailing 6-month period	33.50%	15.19%	+18.31%
Volatility (1Y) Calculated over the trailing 1-year period	44.97%	20.52%	+24.45%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	33.05%	18.97%	+14.08%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	32.17%	20.46%	+11.71%

Dividends

COLD vs. ALTL - Dividend Comparison

COLD's dividend yield for the trailing twelve months is around 6.51%, more than ALTL's 0.88% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
ALTL Pacer Lunt Large Cap Alternator ETF	0.88%	0.95%	1.56%	1.28%	1.23%	1.06%	0.75%	0.00%	0.00%
COLD Americold Realty Trust	6.51%	7.15%	4.11%	2.91%	3.11%	2.68%	2.25%	2.28%	2.75%

Frequently Asked Questions

Can I hold both COLD and ALTL in my portfolio?

COLD and ALTL have a correlation of 0.25, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, COLD or ALTL?

ALTL has higher volatility (11.57%) compared to COLD (9.58%). In terms of maximum drawdown, COLD dropped -70.76% vs ALTL's -31.91%.

Which has better risk-adjusted returns?

ALTL currently has the higher Sharpe Ratio (1.80 vs -0.28), 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.