MCOW vs. PTNQ

Last updated Jun 6, 2026

MCOW (Pacer S&P MidCap 400 Quality FCF Aristocrats ETF) and PTNQ (Pacer Trendpilot 100 ETF) are both exchange-traded funds - MCOW is a Mid Cap Blend Equities fund tracking the S&P MidCap 400 Quality FCF Aristocrats Index, while PTNQ is a Large Cap Blend Equities fund tracking the Pacer NASDAQ-100 Trendpilot Index. Both are passively managed. A 0.73 correlation means they provide meaningful diversification when combined. MCOW charges 0.49%/yr vs 0.65%/yr for PTNQ.

Performance

MCOW vs. PTNQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Pacer S&P MidCap 400 Quality FCF Aristocrats ETF (MCOW) and Pacer Trendpilot 100 ETF (PTNQ). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, MCOW achieves a 5.86% return, which is significantly lower than PTNQ's 8.25% return.

MCOW

• 1D: -3.02%
• 1M: 1.11%
• YTD: 5.86%
• 6M: 4.00%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

PTNQ

• 1D: -4.63%
• 1M: 1.55%
• YTD: 8.25%
• 6M: 6.39%
• 1Y: 26.69%
• 3Y*: 13.51%
• 5Y*: 10.70%
• 10Y*: 15.64%

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

MCOW vs. PTNQ - Yearly Performance Comparison

	2026 (YTD)	2025
MCOW Pacer S&P MidCap 400 Quality FCF Aristocrats ETF	5.86%	-3.62%
PTNQ Pacer Trendpilot 100 ETF	8.25%	6.43%

Correlation

The correlation between MCOW and PTNQ is 0.73, 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 Aug 29, 2025	0.73

Return for Risk

MCOW vs. PTNQ — Risk / Return Rank

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

PTNQ

PTNQ Risk / Return Rank: 48
PTNQ Sharpe Ratio Rank: 50
PTNQ Sortino Ratio Rank: 45
PTNQ Omega Ratio Rank: 48
PTNQ Calmar Ratio Rank: 48
PTNQ Martin Ratio Rank: 48

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.

MCOW vs. PTNQ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Pacer S&P MidCap 400 Quality FCF Aristocrats ETF (MCOW) and Pacer Trendpilot 100 ETF (PTNQ). 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.

Sharpe Ratios by Period

	MCOW	PTNQ	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.65	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.82	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.95	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.15	0.77	-0.62

Drawdowns

MCOW vs. PTNQ - Drawdown Comparison

The maximum MCOW drawdown since its inception was -15.02%, smaller than the maximum PTNQ drawdown of -28.07%. Use the drawdown chart below to compare losses from any high point for MCOW and PTNQ.

Drawdown Indicators

	MCOW	PTNQ	Difference
Max Drawdown Largest peak-to-trough decline	-15.02%	-28.07%	+13.05%
Max Drawdown (1Y) Largest decline over 1 year	—	-11.76%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-14.19%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-18.47%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-28.07%	—
Current Drawdown Current decline from peak	-3.02%	-5.32%	+2.30%
Average Drawdown Average peak-to-trough decline	-4.58%	-5.69%	+1.11%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	3.47%	—

Volatility

Volatility by Period

	MCOW	PTNQ	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	6.65%	—
Volatility (6M) Calculated over the trailing 6-month period	—	12.45%	—
Volatility (1Y) Calculated over the trailing 1-year period	17.89%	16.27%	+1.62%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.89%	13.06%	+4.83%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.89%	16.44%	+1.45%

MCOW vs. PTNQ - Expense Ratio Comparison

MCOW has a 0.49% expense ratio, which is lower than PTNQ's 0.65% expense ratio.

Dividends

MCOW vs. PTNQ - Dividend Comparison

MCOW's dividend yield for the trailing twelve months is around 0.22%, less than PTNQ's 0.81% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
MCOW Pacer S&P MidCap 400 Quality FCF Aristocrats ETF	0.22%	0.11%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
PTNQ Pacer Trendpilot 100 ETF	0.81%	0.88%	1.96%	1.47%	0.62%	0.00%	0.16%	0.44%	0.45%	0.32%	0.30%	0.22%

Frequently Asked Questions

Can I hold both MCOW and PTNQ in my portfolio?

MCOW and PTNQ have a correlation of 0.73, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, MCOW or PTNQ?

On fees, MCOW is cheaper at 0.49% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, MCOW or PTNQ?

MCOW is cheaper with a 0.49% expense ratio, compared with 0.65% for PTNQ.

Which ETF pays a higher dividend yield, MCOW or PTNQ?

PTNQ has the higher dividend yield at 0.81%, compared with 0.22% for MCOW.

What is the main difference between MCOW and PTNQ?

MCOW is categorized as Mid Cap Blend Equities, while PTNQ is Large Cap Blend Equities. MCOW tracks S&P MidCap 400 Quality FCF Aristocrats Index, while PTNQ tracks Pacer NASDAQ-100 Trendpilot Index. Their fees differ too: 0.49% for MCOW and 0.65% for PTNQ.