FOWF vs. XLII

Last updated Aug 4, 2026

FOWF (Pacer Solactive Whitney Future of Warfare ETF) and XLII (State Street Industrial Select Sector SPDR Premium Income ETF) are both exchange-traded funds - FOWF is a Industrials Equities fund tracking the Solactive Whitney Future of Warfare Index, while XLII is a Derivative Income fund actively managed by State Street. FOWF is passively managed, while XLII is actively managed. Over the past year, FOWF returned 23.56% vs 22.47% for XLII. Their 0.67 correlation means they have sometimes moved together and sometimes differently. FOWF charges 0.49%/yr vs 0.35%/yr for XLII.

Performance

FOWF vs. XLII - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Pacer Solactive Whitney Future of Warfare ETF (FOWF) and State Street Industrial Select Sector SPDR Premium Income ETF (XLII). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FOWF achieves a 16.05% return, which is significantly higher than XLII's 13.54% return.

FOWF

• 1D: 2.04%
• 1M: 4.76%
• 6M: 7.86%
• YTD: 16.05%
• 1Y: 23.56%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 26.70%

XLII

• 1D: 1.46%
• 1M: 0.97%
• 6M: 9.62%
• YTD: 13.54%
• 1Y: 22.47%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 20.46%

*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)
FOWF Pacer Solactive Whitney Future of Warfare ETF	$21.21K	$63.68K	$90.22K
XLII State Street Industrial Select Sector SPDR Premium Income ETF	$466.82K	$338.40K	$220.17K

FOWF vs. XLII - Yearly Performance Comparison

	2026 (YTD)	2025
FOWF Pacer Solactive Whitney Future of Warfare ETF	16.05%	4.47%
XLII State Street Industrial Select Sector SPDR Premium Income ETF	13.54%	6.30%

Correlation

The correlation between FOWF and XLII is 0.67, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.67
Correlation (All Time) Calculated using the full available price history since Jul 30, 2025	0.67

The correlation between FOWF and XLII has been stable across timeframes, ranging from 0.67 to 0.67 - a consistent structural relationship.

FOWF vs. XLII - Sectors Allocation Comparison

Sectors	FOWF	XLII
Industrials	60.9%	93.8%
Technology	30.9%	5.9%
Communication Services	5.0%	-
Basic Materials	1.9%	-
Consumer Cyclical	1.2%	0.3%
Consumer Defensive	-	-
Energy	-	-
Financial Services	-	100.8%
Healthcare	-	-
Real Estate	-	-
Utilities	-	-

Return for Risk

FOWF vs. XLII — Risk / Return Rank

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

FOWF

FOWF Risk / Return Rank: 60
FOWF Sharpe Ratio Rank: 63
FOWF Sortino Ratio Rank: 66
FOWF Omega Ratio Rank: 57
FOWF Calmar Ratio Rank: 61
FOWF Martin Ratio Rank: 55

XLII

XLII Risk / Return Rank: 70
XLII Sharpe Ratio Rank: 73
XLII Sortino Ratio Rank: 73
XLII Omega Ratio Rank: 74
XLII Calmar Ratio Rank: 58
XLII Martin Ratio Rank: 74

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.

FOWF vs. XLII - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Pacer Solactive Whitney Future of Warfare ETF (FOWF) and State Street Industrial Select Sector SPDR Premium Income ETF (XLII). 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.

	FOWF	XLII	Difference
Sharpe ratio: Return per unit of total volatility	1.60	1.84	-0.24
Sortino ratio: Return per unit of downside risk	2.39	2.60	-0.21
Omega ratio: Gain probability vs. loss probability	1.27	1.34	-0.06
Calmar ratio: Return relative to maximum drawdown	2.35	2.23	+0.11
Martin ratio: Return relative to average drawdown	6.98	10.06	-3.08

FOWF vs. XLII - Sharpe Ratio Comparison

The current FOWF Sharpe Ratio is 1.60, which is comparable to the XLII Sharpe Ratio of 1.84. The chart below compares the historical Sharpe Ratios of FOWF and XLII, 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

FOWF vs. XLII - Drawdown Comparison

The maximum FOWF drawdown since its inception was -12.29%, which is greater than XLII's maximum drawdown of -10.10%. Use the drawdown chart below to compare losses from any high point for FOWF and XLII.

Drawdown Indicators

	FOWF	XLII	Difference
Max Drawdown Largest peak-to-trough decline	-12.29%	-10.10%	-2.19%
Max Drawdown (1Y) Largest decline over 1 year	-10.08%	-10.10%	+0.02%
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-2.15%	-1.27%	-0.88%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.38%	2.24%	+1.14%

Volatility

FOWF vs. XLII - Volatility Comparison

Pacer Solactive Whitney Future of Warfare ETF (FOWF) has a higher volatility of 4.32% compared to State Street Industrial Select Sector SPDR Premium Income ETF (XLII) at 4.09%. This indicates that FOWF's price experiences larger fluctuations and is considered to be riskier than XLII based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FOWF	XLII	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.32%	4.09%	+0.23%
Volatility (6M) Calculated over the trailing 6-month period	12.09%	10.53%	+1.56%
Volatility (1Y) Calculated over the trailing 1-year period	14.84%	12.30%	+2.54%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.84%	12.29%	+4.55%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.84%	12.29%	+4.55%

FOWF vs. XLII - Expense Ratio Comparison

FOWF has a 0.49% expense ratio, which is higher than XLII's 0.35% expense ratio.

Dividends

FOWF vs. XLII - Dividend Comparison

FOWF's dividend yield for the trailing twelve months is around 0.71%, less than XLII's 13.20% yield.

Position	TTM	2025
FOWF Pacer Solactive Whitney Future of Warfare ETF	0.71%	0.79%
XLII State Street Industrial Select Sector SPDR Premium Income ETF	13.20%	5.47%

Frequently Asked Questions

Can I hold both FOWF and XLII in my portfolio?

FOWF and XLII have a correlation of 0.67, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FOWF or XLII?

FOWF has higher volatility (4.32%) compared to XLII (4.09%). In terms of maximum drawdown, FOWF dropped -12.29% vs XLII's -10.10%.

Which ETF is better, FOWF or XLII?

On 1-year performance, FOWF leads with 23.56% vs 22.47% for XLII. On fees, XLII is cheaper at 0.35% per year. On volatility, XLII has been the lower-risk option at 4.09%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, FOWF or XLII?

Over the 1-year period, FOWF has performed better with a 23.56% return vs 22.47%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, FOWF or XLII?

XLII is cheaper with a 0.35% expense ratio, compared with 0.49% for FOWF.

Which ETF pays a higher dividend yield, FOWF or XLII?

XLII has the higher dividend yield at 13.20%, compared with 0.71% for FOWF.

What is the main difference between FOWF and XLII?

FOWF is categorized as Industrials Equities, while XLII is Derivative Income. They also come from different issuers: Pacer and State Street. Their fees differ too: 0.49% for FOWF and 0.35% for XLII.

Which has better risk-adjusted returns?

XLII currently has the higher Sharpe Ratio (1.84 vs 1.60), 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.