EQWL vs. PSMD
Compare and contrast key facts about Invesco S&P 100 Equal Weight ETF (EQWL) and Pacer Swan SOS Moderate (December) ETF (PSMD).
EQWL and PSMD are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. EQWL is a passively managed fund by Invesco that tracks the performance of the S&P 100 Equal Weighted. It was launched on Dec 1, 2006. PSMD is an actively managed fund by Pacer. It was launched on Dec 22, 2020.
Performance
EQWL vs. PSMD - Performance Comparison
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EQWL vs. PSMD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
EQWL Invesco S&P 100 Equal Weight ETF | -1.85% | 17.61% | 19.11% | 19.48% | -11.46% | 28.29% | 1.35% |
PSMD Pacer Swan SOS Moderate (December) ETF | -1.59% | 11.45% | 12.78% | 17.46% | -4.47% | 11.23% | 0.95% |
Returns By Period
In the year-to-date period, EQWL achieves a -1.85% return, which is significantly lower than PSMD's -1.59% return.
EQWL
- 1D
- 0.17%
- 1M
- -5.04%
- YTD
- -1.85%
- 6M
- 1.17%
- 1Y
- 14.11%
- 3Y*
- 16.14%
- 5Y*
- 10.98%
- 10Y*
- 13.61%
PSMD
- 1D
- 0.19%
- 1M
- -2.19%
- YTD
- -1.59%
- 6M
- 0.88%
- 1Y
- 11.08%
- 3Y*
- 11.31%
- 5Y*
- 8.19%
- 10Y*
- —
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EQWL vs. PSMD - Expense Ratio Comparison
EQWL has a 0.25% expense ratio, which is lower than PSMD's 0.75% expense ratio.
Return for Risk
EQWL vs. PSMD — Risk / Return Rank
EQWL
PSMD
EQWL vs. PSMD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco S&P 100 Equal Weight ETF (EQWL) and Pacer Swan SOS Moderate (December) ETF (PSMD). 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.
| EQWL | PSMD | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.88 | 1.10 | -0.22 |
Sortino ratioReturn per unit of downside risk | 1.32 | 1.69 | -0.37 |
Omega ratioGain probability vs. loss probability | 1.20 | 1.29 | -0.09 |
Calmar ratioReturn relative to maximum drawdown | 1.21 | 1.52 | -0.31 |
Martin ratioReturn relative to average drawdown | 5.55 | 8.55 | -3.00 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| EQWL | PSMD | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.88 | 1.10 | -0.22 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.74 | 0.96 | -0.22 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.81 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.56 | 1.03 | -0.47 |
Correlation
The correlation between EQWL and PSMD is 0.84, 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
EQWL vs. PSMD - Dividend Comparison
EQWL's dividend yield for the trailing twelve months is around 1.70%, while PSMD has not paid dividends to shareholders.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EQWL Invesco S&P 100 Equal Weight ETF | 1.70% | 1.67% | 1.86% | 1.97% | 2.12% | 1.65% | 2.01% | 2.04% | 2.23% | 1.27% | 2.01% | 2.03% |
PSMD Pacer Swan SOS Moderate (December) ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.47% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
EQWL vs. PSMD - Drawdown Comparison
The maximum EQWL drawdown since its inception was -49.36%, which is greater than PSMD's maximum drawdown of -11.96%. Use the drawdown chart below to compare losses from any high point for EQWL and PSMD.
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Drawdown Indicators
| EQWL | PSMD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -49.36% | -11.96% | -37.40% |
Max Drawdown (1Y)Largest decline over 1 year | -11.47% | -7.51% | -3.96% |
Max Drawdown (5Y)Largest decline over 5 years | -22.99% | -11.96% | -11.03% |
Max Drawdown (10Y)Largest decline over 10 years | -34.30% | — | — |
Current DrawdownCurrent decline from peak | -5.51% | -2.70% | -2.81% |
Average DrawdownAverage peak-to-trough decline | -6.75% | -1.71% | -5.04% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.51% | 1.33% | +1.18% |
Volatility
EQWL vs. PSMD - Volatility Comparison
Invesco S&P 100 Equal Weight ETF (EQWL) has a higher volatility of 4.15% compared to Pacer Swan SOS Moderate (December) ETF (PSMD) at 3.09%. This indicates that EQWL's price experiences larger fluctuations and is considered to be riskier than PSMD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| EQWL | PSMD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.15% | 3.09% | +1.06% |
Volatility (6M)Calculated over the trailing 6-month period | 7.86% | 4.40% | +3.46% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.12% | 10.09% | +6.03% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.98% | 8.60% | +6.38% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.78% | 8.56% | +8.22% |