FOWF vs. XLII

Last updated Jun 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. A 0.69 correlation means they provide meaningful diversification when combined. 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 9.44% return, which is significantly higher than XLII's 6.73% return.

FOWF

• 1D: -1.88%
• 1M: 3.45%
• YTD: 9.44%
• 6M: 12.30%
• 1Y: 22.10%
• 3Y*: —
• 5Y*: —
• 10Y*: —

XLII

• 1D: -0.15%
• 1M: 2.45%
• YTD: 6.73%
• 6M: 8.74%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

FOWF vs. XLII - Yearly Performance Comparison

	2026 (YTD)	2025
FOWF Pacer Solactive Whitney Future of Warfare ETF	9.44%	4.94%
XLII State Street Industrial Select Sector SPDR Premium Income ETF	6.73%	6.62%

Correlation

The correlation between FOWF and XLII is 0.69, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jul 31, 2025	0.69

FOWF vs. XLII - Sectors Allocation Comparison

Sectors	FOWF	XLII
Industrials	62.2%	-
Technology	29.2%	-
Communication Services	5.8%	-
Consumer Cyclical	2.0%	-
Basic Materials	0.8%	-
Consumer Defensive	-	-
Energy	-	-
Financial Services	-	100.3%
Healthcare	-	-
Real Estate	-	-
Utilities	-	-

Return for Risk

FOWF vs. XLII — Risk / Return Rank

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

FOWF

FOWF Risk / Return Rank: 46
FOWF Sharpe Ratio Rank: 46
FOWF Sortino Ratio Rank: 50
FOWF Omega Ratio Rank: 44
FOWF Calmar Ratio Rank: 45
FOWF Martin Ratio Rank: 44

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.

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.

	FOWF	XLII	Difference
Sharpe ratio: Return per unit of total volatility	1.59	—	—
Sortino ratio: Return per unit of downside risk	2.39	—	—
Omega ratio: Gain probability vs. loss probability	1.28	—	—
Calmar ratio: Return relative to maximum drawdown	2.20	—	—
Martin ratio: Return relative to average drawdown	7.02	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	FOWF	XLII	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.59	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.63	1.44	+0.19

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%	—	—
Current Drawdown Current decline from peak	-2.81%	-0.36%	-2.45%
Average Drawdown Average peak-to-trough decline	-2.05%	-1.34%	-0.71%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.16%	—	—

Volatility

Volatility by Period

	FOWF	XLII	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.80%	—	—
Volatility (6M) Calculated over the trailing 6-month period	11.62%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	13.94%	11.55%	+2.39%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.89%	11.55%	+5.34%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.89%	11.55%	+5.34%

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 0.73%, less than XLII's 11.29% yield.

Position	TTM	2025
FOWF Pacer Solactive Whitney Future of Warfare ETF	0.73%	0.79%
XLII State Street Industrial Select Sector SPDR Premium Income ETF	11.29%	5.47%

Frequently Asked Questions

Can I hold both FOWF and XLII in my portfolio?

FOWF and XLII have a correlation of 0.69, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, FOWF or XLII?

On fees, XLII is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.

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 11.29%, compared with 0.73% 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.