DMDV vs. PATN

Last updated Jun 24, 2026

DMDV (AAM S&P Developed Markets High Dividend Value ETF) and PATN (Pacer Nasdaq International Patent Leaders ETF) are both Foreign Large Cap Equities funds - DMDV tracks the S&P Developed Ex-U.S. Dividend and Free Cash Flow Yield while PATN tracks the Nasdaq International Patent Leaders Index. Both are passively managed. At a 0.09 correlation, their price movements are largely independent. DMDV charges 0.39%/yr vs 0.65%/yr for PATN.

Performance

DMDV vs. PATN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in AAM S&P Developed Markets High Dividend Value ETF (DMDV) and Pacer Nasdaq International Patent Leaders ETF (PATN). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

DMDV

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

PATN

• 1D: -5.19%
• 1M: 4.01%
• YTD: 34.64%
• 6M: 35.70%
• 1Y: 65.39%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

DMDV vs. PATN - Yearly Performance Comparison

	2026 (YTD)	2025	2024
DMDV AAM S&P Developed Markets High Dividend Value ETF	0.00%	0.00%	0.30%
PATN Pacer Nasdaq International Patent Leaders ETF	34.64%	40.01%	-1.73%

Correlation

The correlation between DMDV and PATN is 0.09, 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 (All Time) Calculated using the full available price history since Sep 17, 2024	0.09

DMDV vs. PATN - Sectors Allocation Comparison

Sectors	DMDV	PATN
Industrials	12.5%	14.8%
Real Estate	10.0%	-
Consumer Defensive	9.4%	5.2%
Utilities	9.2%	-
Communication Services	9.1%	6.1%
Financial Services	9.0%	0.5%
Basic Materials	9.0%	2.4%
Healthcare	8.9%	9.4%
Consumer Cyclical	8.7%	7.0%
Technology	7.6%	52.5%
Energy	6.6%	2.1%

Return for Risk

DMDV vs. PATN — Risk / Return Rank

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

DMDV

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

PATN

PATN Risk / Return Rank: 87
PATN Sharpe Ratio Rank: 89
PATN Sortino Ratio Rank: 82
PATN Omega Ratio Rank: 87
PATN Calmar Ratio Rank: 87
PATN Martin Ratio Rank: 88

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.

DMDV vs. PATN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for AAM S&P Developed Markets High Dividend Value ETF (DMDV) and Pacer Nasdaq International Patent Leaders ETF (PATN). 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.

	DMDV	PATN	Difference
Sharpe ratio: Return per unit of total volatility	—	2.75	—
Sortino ratio: Return per unit of downside risk	—	3.37	—
Omega ratio: Gain probability vs. loss probability	—	1.49	—
Calmar ratio: Return relative to maximum drawdown	—	4.56	—
Martin ratio: Return relative to average drawdown	—	17.76	—

Drawdowns

Drawdown Indicators

	DMDV	PATN	Difference
Max Drawdown Largest peak-to-trough decline	—	-16.77%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-14.40%	—
Current Drawdown Current decline from peak	—	-5.19%	—
Average Drawdown Average peak-to-trough decline	—	-3.17%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	3.69%	—

Volatility

Volatility by Period

	DMDV	PATN	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	12.88%	—
Volatility (6M) Calculated over the trailing 6-month period	—	21.37%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	23.92%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	22.26%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	22.26%	—

DMDV vs. PATN - Expense Ratio Comparison

DMDV has a 0.39% expense ratio, which is lower than PATN's 0.65% expense ratio.

Dividends

DMDV vs. PATN - Dividend Comparison

DMDV has not paid dividends to shareholders, while PATN's dividend yield for the trailing twelve months is around 1.61%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
DMDV AAM S&P Developed Markets High Dividend Value ETF	0.00%	0.00%	3.51%	6.98%	5.60%	4.45%	3.13%	5.36%	0.27%
PATN Pacer Nasdaq International Patent Leaders ETF	1.61%	2.25%	0.30%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both DMDV and PATN in my portfolio?

DMDV and PATN have a correlation of 0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, DMDV or PATN?

On fees, DMDV is cheaper at 0.39% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, DMDV or PATN?

DMDV is cheaper with a 0.39% expense ratio, compared with 0.65% for PATN.

Which ETF pays a higher dividend yield, DMDV or PATN?

PATN has the higher dividend yield at 1.61%, compared with 0.00% for DMDV.

What is the main difference between DMDV and PATN?

DMDV tracks S&P Developed Ex-U.S. Dividend and Free Cash Flow Yield, while PATN tracks Nasdaq International Patent Leaders Index. They also come from different issuers: Advisors Asset Management and Pacer. Their fees differ too: 0.39% for DMDV and 0.65% for PATN.