MODL vs. PSCX

Last updated Jun 3, 2026

MODL (Victoryshares Westend U.S. Sector ETF) and PSCX (Pacer Swan SOS Conservative (December) ETF) are both Large Cap Blend Equities funds. Both are actively managed. Over the past 3 years, MODL returned 20.33%/yr vs 12.89%/yr for PSCX. Their correlation of 0.86 suggests significant overlap in exposure. MODL charges 0.46%/yr vs 0.75%/yr for PSCX.

Performance

MODL vs. PSCX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Victoryshares Westend U.S. Sector ETF (MODL) 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, MODL achieves a 7.80% return, which is significantly higher than PSCX's 5.24% return.

MODL

• 1D: -0.17%
• 1M: 4.08%
• YTD: 7.80%
• 6M: 8.04%
• 1Y: 24.87%
• 3Y*: 20.33%
• 5Y*: —
• 10Y*: —

PSCX

• 1D: 0.06%
• 1M: 1.91%
• YTD: 5.24%
• 6M: 6.38%
• 1Y: 16.09%
• 3Y*: 12.89%
• 5Y*: 8.51%
• 10Y*: —

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

MODL vs. PSCX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
MODL Victoryshares Westend U.S. Sector ETF	7.80%	18.99%	24.73%	23.74%	7.13%
PSCX Pacer Swan SOS Conservative (December) ETF	5.24%	12.08%	13.27%	16.57%	2.03%

Correlation

The correlation between MODL and PSCX is 0.90, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.90
Correlation (3Y) Calculated over the trailing 3-year period	0.87
Correlation (All Time) Calculated using the full available price history since Oct 13, 2022	0.86

The correlation between MODL and PSCX has been stable across timeframes, ranging from 0.86 to 0.90 - a consistent structural relationship.

MODL vs. PSCX - Sectors Allocation Comparison

Sectors	MODL	PSCX
Technology	32.3%	33.2%
Financial Services	17.4%	12.5%
Communication Services	16.4%	10.3%
Healthcare	14.9%	9.6%
Consumer Cyclical	5.0%	10.0%
Consumer Defensive	4.5%	5.4%
Utilities	4.2%	2.6%
Industrials	4.1%	8.4%
Energy	0.0%	4.2%
Basic Materials	-	1.9%
Real Estate	-	2.0%

Return for Risk

MODL vs. PSCX — Risk / Return Rank

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

MODL

MODL Risk / Return Rank: 64
MODL Sharpe Ratio Rank: 67
MODL Sortino Ratio Rank: 68
MODL Omega Ratio Rank: 66
MODL Calmar Ratio Rank: 53
MODL Martin Ratio Rank: 65

PSCX

PSCX Risk / Return Rank: 87
PSCX Sharpe Ratio Rank: 86
PSCX Sortino Ratio Rank: 91
PSCX Omega Ratio Rank: 91
PSCX Calmar Ratio Rank: 77
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.

MODL vs. PSCX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Victoryshares Westend U.S. Sector ETF (MODL) 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.

	MODL	PSCX	Difference
Sharpe ratio Return per unit of total volatility	2.24	2.92	-0.68
Sortino ratio Return per unit of downside risk	3.16	4.38	-1.21
Omega ratio Gain probability vs. loss probability	1.40	1.60	-0.20
Calmar ratio Return relative to maximum drawdown	2.68	3.95	-1.26
Martin ratio Return relative to average drawdown	12.07	20.26	-8.19
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

MODL vs. PSCX - Sharpe Ratio Comparison

The current MODL Sharpe Ratio is 2.24, which is comparable to the PSCX Sharpe Ratio of 2.92. The chart below compares the historical Sharpe Ratios of MODL and PSCX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	MODL	PSCX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.24	2.92	-0.68
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	1.21	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.59	1.28	+0.31

Drawdowns

MODL vs. PSCX - Drawdown Comparison

The maximum MODL drawdown since its inception was -17.60%, which is greater than PSCX's maximum drawdown of -10.20%. Use the drawdown chart below to compare losses from any high point for MODL and PSCX.

Drawdown Indicators

	MODL	PSCX	Difference
Max Drawdown Largest peak-to-trough decline	-17.60%	-10.20%	-7.40%
Max Drawdown (1Y) Largest decline over 1 year	-9.46%	-4.20%	-5.26%
Max Drawdown (3Y) Largest decline over 3 years	-17.60%	-9.61%	-7.99%
Max Drawdown (5Y) Largest decline over 5 years	—	-10.20%	—
Current Drawdown Current decline from peak	-0.17%	0.00%	-0.17%
Average Drawdown Average peak-to-trough decline	-2.04%	-1.87%	-0.17%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.10%	0.82%	+1.28%

Volatility

MODL vs. PSCX - Volatility Comparison

Victoryshares Westend U.S. Sector ETF (MODL) has a higher volatility of 2.63% compared to Pacer Swan SOS Conservative (December) ETF (PSCX) at 0.92%. This indicates that MODL's price experiences larger fluctuations and is considered to be riskier than PSCX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	MODL	PSCX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.63%	0.92%	+1.71%
Volatility (6M) Calculated over the trailing 6-month period	8.37%	4.21%	+4.16%
Volatility (1Y) Calculated over the trailing 1-year period	11.14%	5.54%	+5.60%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.59%	7.07%	+7.52%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.59%	6.97%	+7.62%

MODL vs. PSCX - Expense Ratio Comparison

MODL has a 0.46% expense ratio, which is lower than PSCX's 0.75% expense ratio.

Dividends

MODL vs. PSCX - Dividend Comparison

MODL's dividend yield for the trailing twelve months is around 0.67%, while PSCX has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022
MODL Victoryshares Westend U.S. Sector ETF	0.67%	0.67%	0.83%	1.02%	0.39%
PSCX Pacer Swan SOS Conservative (December) ETF	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both MODL and PSCX in my portfolio?

With a correlation of 0.90, MODL and PSCX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, MODL or PSCX?

MODL has higher volatility (2.63%) compared to PSCX (0.92%). In terms of maximum drawdown, MODL dropped -17.60% vs PSCX's -10.20%.

Which ETF is better, MODL or PSCX?

On 3-year performance, MODL leads with 20.33% vs 12.89% for PSCX. On fees, MODL is cheaper at 0.46% per year. On volatility, PSCX has been the lower-risk option at 0.92%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, MODL or PSCX?

Over the 3-year period, MODL has performed better with a 20.33% return vs 12.89%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, MODL or PSCX?

MODL is cheaper with a 0.46% expense ratio, compared with 0.75% for PSCX.

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

MODL has the higher dividend yield at 0.67%, compared with 0.00% for PSCX.

What is the main difference between MODL and PSCX?

They also come from different issuers: Victory and Pacer. Their fees differ too: 0.46% for MODL and 0.75% for PSCX.

Which has better risk-adjusted returns?

PSCX currently has the higher Sharpe Ratio (2.92 vs 2.24), 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.