MNZL vs. PSCX

Last updated Jul 12, 2026

MNZL (Manzil Russell Halal USA Broad Market ETF) and PSCX (Pacer Swan SOS Conservative (December) ETF) are both exchange-traded funds - MNZL is a Large Cap Blend Equities fund tracking the Russell IdealRatings Manzil Halal USA Broad Market Index, while PSCX is a Defined Outcome fund actively managed by Pacer. MNZL is passively managed, while PSCX is actively managed. Their correlation of 0.84 suggests significant overlap in exposure. MNZL charges 0.40%/yr vs 0.75%/yr for PSCX.

Performance

MNZL vs. PSCX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Manzil Russell Halal USA Broad Market ETF (MNZL) and Pacer Swan SOS Conservative (December) ETF (PSCX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, MNZL achieves a 18.55% return, which is significantly higher than PSCX's 5.83% return.

MNZL

• 1D: -0.06%
• 1M: 2.37%
• 6M: 16.46%
• YTD: 18.55%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

PSCX

• 1D: 0.18%
• 1M: 1.24%
• 6M: 4.94%
• YTD: 5.83%
• 1Y: 13.14%
• 3Y*: 12.34%
• 5Y*: 8.42%
• 10Y*: —

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

MNZL vs. PSCX - Yearly Performance Comparison

	2026 (YTD)	2025
MNZL Manzil Russell Halal USA Broad Market ETF	18.55%	3.37%
PSCX Pacer Swan SOS Conservative (December) ETF	5.83%	2.66%

Correlation

The correlation between MNZL and PSCX is 0.84, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Nov 19, 2025	0.84

Return for Risk

MNZL vs. PSCX — Risk / Return Rank

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

MNZL

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

PSCX

PSCX Risk / Return Rank: 87
PSCX Sharpe Ratio Rank: 89
PSCX Sortino Ratio Rank: 91
PSCX Omega Ratio Rank: 91
PSCX Calmar Ratio Rank: 76
PSCX Martin Ratio Rank: 89

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.

MNZL vs. PSCX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Manzil Russell Halal USA Broad Market ETF (MNZL) and Pacer Swan SOS Conservative (December) ETF (PSCX). 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.

	MNZL	PSCX	Difference
Sharpe ratio: Return per unit of total volatility	—	2.33	—
Sortino ratio: Return per unit of downside risk	—	3.45	—
Omega ratio: Gain probability vs. loss probability	—	1.47	—
Calmar ratio: Return relative to maximum drawdown	—	3.10	—
Martin ratio: Return relative to average drawdown	—	15.47	—

Drawdowns

MNZL vs. PSCX - Drawdown Comparison

The maximum MNZL drawdown since its inception was -9.66%, smaller than the maximum PSCX drawdown of -10.20%. Use the drawdown chart below to compare losses from any high point for MNZL and PSCX.

Drawdown Indicators

	MNZL	PSCX	Difference
Max Drawdown Largest peak-to-trough decline	-9.66%	-10.20%	+0.54%
Max Drawdown (1Y) Largest decline over 1 year	—	-4.20%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-9.61%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-10.20%	—
Current Drawdown Current decline from peak	-1.17%	0.00%	-1.17%
Average Drawdown Average peak-to-trough decline	-1.83%	-1.84%	+0.01%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.84%	—

Volatility

Volatility by Period

	MNZL	PSCX	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	1.74%	—
Volatility (6M) Calculated over the trailing 6-month period	—	4.60%	—
Volatility (1Y) Calculated over the trailing 1-year period	17.00%	5.60%	+11.40%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.00%	7.12%	+9.88%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.00%	6.95%	+10.05%

MNZL vs. PSCX - Expense Ratio Comparison

MNZL has a 0.40% expense ratio, which is lower than PSCX's 0.75% expense ratio.

Dividends

MNZL vs. PSCX - Dividend Comparison

MNZL's dividend yield for the trailing twelve months is around 0.03%, while PSCX has not paid dividends to shareholders.

Position	TTM	2025
MNZL Manzil Russell Halal USA Broad Market ETF	0.03%	0.04%
PSCX Pacer Swan SOS Conservative (December) ETF	0.00%	0.00%

Frequently Asked Questions

Can I hold both MNZL and PSCX in my portfolio?

MNZL and PSCX have a correlation of 0.84, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, MNZL or PSCX?

On fees, MNZL is cheaper at 0.40% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, MNZL or PSCX?

MNZL is cheaper with a 0.40% expense ratio, compared with 0.75% for PSCX.

Which ETF pays a higher dividend yield, MNZL or PSCX?

MNZL has the higher dividend yield at 0.03%, compared with 0.00% for PSCX.

What is the main difference between MNZL and PSCX?

MNZL is categorized as Large Cap Blend Equities, while PSCX is Defined Outcome. They also come from different issuers: Manzil and Pacer. Their fees differ too: 0.40% for MNZL and 0.75% for PSCX.