INTF vs. PATN

Last updated Jun 24, 2026

INTF (iShares MSCI Intl Multifactor ETF) and PATN (Pacer Nasdaq International Patent Leaders ETF) are both Foreign Large Cap Equities funds - INTF tracks the MSCI World ex USA Diversified Multi-Factor while PATN tracks the Nasdaq International Patent Leaders Index. Both are passively managed. Over the past year, INTF returned 26.10% vs 65.39% for PATN. Their correlation of 0.82 suggests significant overlap in exposure. INTF charges 0.30%/yr vs 0.65%/yr for PATN.

Performance

INTF vs. PATN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares MSCI Intl Multifactor ETF (INTF) and Pacer Nasdaq International Patent Leaders ETF (PATN). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, INTF achieves a 9.41% return, which is significantly lower than PATN's 34.64% return.

INTF

• 1D: -1.70%
• 1M: -0.07%
• YTD: 9.41%
• 6M: 9.06%
• 1Y: 26.10%
• 3Y*: 19.63%
• 5Y*: 9.83%
• 10Y*: 9.89%

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)

INTF vs. PATN - Yearly Performance Comparison

	2026 (YTD)	2025	2024
INTF iShares MSCI Intl Multifactor ETF	9.41%	35.50%	-5.89%
PATN Pacer Nasdaq International Patent Leaders ETF	34.64%	40.01%	-1.73%

Correlation

The correlation between INTF and PATN is 0.80, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.80
Correlation (All Time) Calculated using the full available price history since Sep 17, 2024	0.82

The correlation between INTF and PATN has been stable across timeframes, ranging from 0.80 to 0.82 - a consistent structural relationship.

INTF vs. PATN - Sectors Allocation Comparison

Sectors	INTF	PATN
Financial Services	26.5%	0.5%
Industrials	19.0%	14.8%
Technology	9.9%	52.5%
Consumer Cyclical	8.5%	7.0%
Healthcare	7.9%	9.4%
Basic Materials	6.8%	2.4%
Consumer Defensive	6.0%	5.2%
Energy	5.1%	2.1%
Utilities	3.9%	-
Communication Services	3.2%	6.1%
Real Estate	2.5%	-

Return for Risk

INTF vs. PATN — Risk / Return Rank

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

INTF

INTF Risk / Return Rank: 55
INTF Sharpe Ratio Rank: 54
INTF Sortino Ratio Rank: 53
INTF Omega Ratio Rank: 52
INTF Calmar Ratio Rank: 55
INTF Martin Ratio Rank: 60

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.

INTF vs. PATN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Intl Multifactor ETF (INTF) 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.

	INTF	PATN	Difference
Sharpe ratio: Return per unit of total volatility	1.75	2.75	-1.00
Sortino ratio: Return per unit of downside risk	2.44	3.37	-0.93
Omega ratio: Gain probability vs. loss probability	1.31	1.49	-0.18
Calmar ratio: Return relative to maximum drawdown	2.57	4.56	-1.99
Martin ratio: Return relative to average drawdown	10.17	17.76	-7.59

INTF vs. PATN - Sharpe Ratio Comparison

The current INTF Sharpe Ratio is 1.75, which is lower than the PATN Sharpe Ratio of 2.75. The chart below compares the historical Sharpe Ratios of INTF and PATN, 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

INTF vs. PATN - Drawdown Comparison

The maximum INTF drawdown since its inception was -40.39%, which is greater than PATN's maximum drawdown of -16.77%. Use the drawdown chart below to compare losses from any high point for INTF and PATN.

Drawdown Indicators

	INTF	PATN	Difference
Max Drawdown Largest peak-to-trough decline	-40.39%	-16.77%	-23.62%
Max Drawdown (1Y) Largest decline over 1 year	-10.20%	-14.40%	+4.20%
Max Drawdown (3Y) Largest decline over 3 years	-13.64%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-29.26%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-40.39%	—	—
Current Drawdown Current decline from peak	-1.98%	-5.19%	+3.21%
Average Drawdown Average peak-to-trough decline	-7.66%	-3.17%	-4.49%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.57%	3.69%	-1.12%

Volatility

INTF vs. PATN - Volatility Comparison

The current volatility for iShares MSCI Intl Multifactor ETF (INTF) is 4.65%, while Pacer Nasdaq International Patent Leaders ETF (PATN) has a volatility of 12.88%. This indicates that INTF experiences smaller price fluctuations and is considered to be less risky than PATN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	INTF	PATN	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.65%	12.88%	-8.23%
Volatility (6M) Calculated over the trailing 6-month period	12.58%	21.37%	-8.79%
Volatility (1Y) Calculated over the trailing 1-year period	14.98%	23.92%	-8.94%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.22%	22.26%	-6.04%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.12%	22.26%	-5.14%

INTF vs. PATN - Expense Ratio Comparison

INTF has a 0.30% expense ratio, which is lower than PATN's 0.65% expense ratio.

Dividends

INTF vs. PATN - Dividend Comparison

INTF's dividend yield for the trailing twelve months is around 3.06%, more than PATN's 1.61% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
INTF iShares MSCI Intl Multifactor ETF	3.06%	2.87%	3.53%	3.59%	2.81%	5.38%	2.06%	3.65%	2.62%	3.26%	1.66%	0.85%
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%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both INTF and PATN in my portfolio?

INTF and PATN have a correlation of 0.80, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, INTF or PATN?

PATN has higher volatility (12.88%) compared to INTF (4.65%). In terms of maximum drawdown, INTF dropped -40.39% vs PATN's -16.77%.

Which ETF is better, INTF or PATN?

On 1-year performance, PATN leads with 65.39% vs 26.10% for INTF. On fees, INTF is cheaper at 0.30% per year. On volatility, INTF has been the lower-risk option at 4.65%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, INTF or PATN?

Over the 1-year period, PATN has performed better with a 65.39% return vs 26.10%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, INTF or PATN?

INTF is cheaper with a 0.30% expense ratio, compared with 0.65% for PATN.

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

INTF has the higher dividend yield at 3.06%, compared with 1.61% for PATN.

What is the main difference between INTF and PATN?

INTF tracks MSCI World ex USA Diversified Multi-Factor, while PATN tracks Nasdaq International Patent Leaders Index. They also come from different issuers: iShares and Pacer. Their fees differ too: 0.30% for INTF and 0.65% for PATN.

Which has better risk-adjusted returns?

PATN currently has the higher Sharpe Ratio (2.75 vs 1.75), 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.