IVSI vs. PATN
IVSI (Applied Finance IVS International Large ETF) and PATN (Pacer Nasdaq International Patent Leaders ETF) are both Foreign Large Cap Equities funds. IVSI is actively managed, while PATN is passively managed. A 0.80 correlation means they provide meaningful diversification when combined. Both charge a 0.65% expense ratio.
Performance
IVSI vs. PATN - Performance Comparison
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Returns By Period
In the year-to-date period, IVSI achieves a 10.48% return, which is significantly lower than PATN's 39.41% return.
IVSI
- 1D
- 1.18%
- 1M
- 3.23%
- YTD
- 10.48%
- 6M
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
PATN
- 1D
- -0.79%
- 1M
- 13.15%
- YTD
- 39.41%
- 6M
- 41.84%
- 1Y
- 69.98%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
IVSI vs. PATN - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
IVSI Applied Finance IVS International Large ETF | 10.48% | 0.53% |
PATN Pacer Nasdaq International Patent Leaders ETF | 39.41% | 0.28% |
Correlation
The correlation between IVSI 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 (All Time) Calculated using the full available price history since Dec 12, 2025 | 0.80 |
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Return for Risk
IVSI vs. PATN — Risk / Return Rank
IVSI
PATN
IVSI vs. PATN - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Applied Finance IVS International Large ETF (IVSI) 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.
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
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Sharpe Ratios by Period
| IVSI | PATN | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | — | 3.32 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.41 | 2.24 | -0.83 |
Drawdowns
IVSI vs. PATN - Drawdown Comparison
The maximum IVSI drawdown since its inception was -11.73%, smaller than the maximum PATN drawdown of -16.77%. Use the drawdown chart below to compare losses from any high point for IVSI and PATN.
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Drawdown Indicators
| IVSI | PATN | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -11.73% | -16.77% | +5.04% |
Max Drawdown (1Y)Largest decline over 1 year | — | -14.40% | — |
Current DrawdownCurrent decline from peak | -0.46% | -1.18% | +0.72% |
Average DrawdownAverage peak-to-trough decline | -2.59% | -3.14% | +0.55% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 3.55% | — |
Volatility
IVSI vs. PATN - Volatility Comparison
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Volatility by Period
| IVSI | PATN | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 8.79% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 18.19% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 17.79% | 21.20% | -3.41% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.79% | 20.84% | -3.05% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.79% | 20.84% | -3.05% |
IVSI vs. PATN - Expense Ratio Comparison
Both IVSI and PATN have an expense ratio of 0.65%.
Dividends
IVSI vs. PATN - Dividend Comparison
IVSI's dividend yield for the trailing twelve months is around 0.04%, less than PATN's 1.74% yield.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
IVSI Applied Finance IVS International Large ETF | 0.04% | 0.04% | 0.00% |
PATN Pacer Nasdaq International Patent Leaders ETF | 1.74% | 2.25% | 0.30% |
Frequently Asked Questions
IVSI 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.
Both ETFs have the same 0.65% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
IVSI and PATN have the same expense ratio: 0.65% per year.
PATN has the higher dividend yield at 1.74%, compared with 0.04% for IVSI.
They also come from different issuers: Applied Finance and Pacer.
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