FLRT vs. PCFI

Last updated Aug 4, 2026

FLRT (Pacer Aristotle Pacific Floating Rate High Income ETF) and PCFI (Polen Floating Rate Income ETF) are both Bank Loan funds. Both are actively managed. Over the past year, FLRT returned 5.13% vs -0.47% for PCFI. Their 0.16 correlation means their historical movements had little consistent relationship. FLRT charges 0.60%/yr vs 0.49%/yr for PCFI.

Performance

FLRT vs. PCFI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Pacer Aristotle Pacific Floating Rate High Income ETF (FLRT) and Polen Floating Rate Income ETF (PCFI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FLRT achieves a 2.44% return, which is significantly higher than PCFI's 0.73% return.

FLRT

• 1D: 0.04%
• 1M: 0.42%
• 6M: 1.88%
• YTD: 2.44%
• 1Y: 5.13%
• 3Y*: 7.90%
• 5Y*: 6.08%
• 10Y*: 4.77%
• ALL TIME*: 4.48%

PCFI

• 1D: -0.20%
• 1M: -0.23%
• 6M: -0.31%
• YTD: 0.73%
• 1Y: -0.47%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 1.73%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
FLRT Pacer Aristotle Pacific Floating Rate High Income ETF	$4.79M	$4.57M	$4.68M
PCFI Polen Floating Rate Income ETF	$55.25K	$27.59K	$65.68K

FLRT vs. PCFI - Yearly Performance Comparison

	2026 (YTD)	2025
FLRT Pacer Aristotle Pacific Floating Rate High Income ETF	2.44%	5.66%
PCFI Polen Floating Rate Income ETF	0.73%	1.62%

Correlation

The correlation between FLRT and PCFI is 0.12, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.12
Correlation (All Time) Calculated using the full available price history since Mar 24, 2025	0.16

Return for Risk

FLRT vs. PCFI — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

FLRT

FLRT Risk / Return Rank: 90
FLRT Sharpe Ratio Rank: 97
FLRT Sortino Ratio Rank: 97
FLRT Omega Ratio Rank: 97
FLRT Calmar Ratio Rank: 79
FLRT Martin Ratio Rank: 79

PCFI

PCFI Risk / Return Rank: 9
PCFI Sharpe Ratio Rank: 9
PCFI Sortino Ratio Rank: 8
PCFI Omega Ratio Rank: 8
PCFI Calmar Ratio Rank: 9
PCFI Martin Ratio Rank: 9

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

FLRT vs. PCFI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Pacer Aristotle Pacific Floating Rate High Income ETF (FLRT) and Polen Floating Rate Income ETF (PCFI). 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.

	FLRT	PCFI	Difference
Sharpe ratio: Return per unit of total volatility	3.46	-0.08	+3.55
Sortino ratio: Return per unit of downside risk	5.17	-0.07	+5.24
Omega ratio: Gain probability vs. loss probability	1.76	0.99	+0.77
Calmar ratio: Return relative to maximum drawdown	2.90	-0.12	+3.02
Martin ratio: Return relative to average drawdown	10.63	-0.21	+10.84

FLRT vs. PCFI - Sharpe Ratio Comparison

The current FLRT Sharpe Ratio is 3.46, which is higher than the PCFI Sharpe Ratio of -0.08. The chart below compares the historical Sharpe Ratios of FLRT and PCFI, 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

FLRT vs. PCFI - Drawdown Comparison

The maximum FLRT drawdown since its inception was -20.96%, which is greater than PCFI's maximum drawdown of -4.01%. Use the drawdown chart below to compare losses from any high point for FLRT and PCFI.

Drawdown Indicators

	FLRT	PCFI	Difference
Max Drawdown Largest peak-to-trough decline	-20.96%	-4.01%	-16.95%
Max Drawdown (1Y) Largest decline over 1 year	-1.78%	-4.00%	+2.22%
Max Drawdown (3Y) Largest decline over 3 years	-2.87%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-7.60%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-20.96%	—	—
Current Drawdown Current decline from peak	0.00%	-1.76%	+1.76%
Average Drawdown Average peak-to-trough decline	-1.39%	-1.76%	+0.37%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.48%	2.27%	-1.79%

Volatility

FLRT vs. PCFI - Volatility Comparison

The current volatility for Pacer Aristotle Pacific Floating Rate High Income ETF (FLRT) is 0.29%, while Polen Floating Rate Income ETF (PCFI) has a volatility of 0.70%. This indicates that FLRT experiences smaller price fluctuations and is considered to be less risky than PCFI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FLRT	PCFI	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.29%	0.70%	-0.41%
Volatility (6M) Calculated over the trailing 6-month period	1.19%	4.20%	-3.01%
Volatility (1Y) Calculated over the trailing 1-year period	1.49%	5.73%	-4.24%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	2.30%	6.97%	-4.67%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	6.09%	6.97%	-0.88%

FLRT vs. PCFI - Expense Ratio Comparison

FLRT has a 0.60% expense ratio, which is higher than PCFI's 0.49% expense ratio.

Dividends

FLRT vs. PCFI - Dividend Comparison

FLRT's dividend yield for the trailing twelve months is around 6.71%, less than PCFI's 9.71% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FLRT Pacer Aristotle Pacific Floating Rate High Income ETF	6.71%	6.93%	7.93%	8.40%	5.81%	3.16%	3.52%	4.30%	3.95%	3.20%	3.38%	3.21%
PCFI Polen Floating Rate Income ETF	9.71%	7.83%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both FLRT and PCFI in my portfolio?

FLRT and PCFI have a correlation of 0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FLRT or PCFI?

PCFI has higher volatility (0.70%) compared to FLRT (0.29%). In terms of maximum drawdown, FLRT dropped -20.96% vs PCFI's -4.01%.

Which ETF is better, FLRT or PCFI?

On 1-year performance, FLRT leads with 5.13% vs -0.47% for PCFI. On fees, PCFI is cheaper at 0.49% per year. On volatility, FLRT has been the lower-risk option at 0.29%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, FLRT or PCFI?

Over the 1-year period, FLRT has performed better with a 5.13% return vs -0.47%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, FLRT or PCFI?

PCFI is cheaper with a 0.49% expense ratio, compared with 0.60% for FLRT.

Which ETF pays a higher dividend yield, FLRT or PCFI?

PCFI has the higher dividend yield at 9.71%, compared with 6.71% for FLRT.

What is the main difference between FLRT and PCFI?

They also come from different issuers: Pacer and Polen. Their fees differ too: 0.60% for FLRT and 0.49% for PCFI.

Which has better risk-adjusted returns?

FLRT currently has the higher Sharpe Ratio (3.46 vs -0.08), 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.