PALC vs. BBUS

Last updated Jun 4, 2026

PALC (Pacer Lunt Large Cap Multi-Factor Alternator ETF) and BBUS (JP Morgan Betabuilders U.S. Equity ETF) are both Large Cap Growth Equities funds - PALC tracks the Lunt Capital U.S. Large Cap Multi-Factor Rotation Index while BBUS tracks the Morningstar US Target Market Exposure Index. Both are passively managed. Over the past 5 years, PALC returned 9.40%/yr vs 13.43%/yr for BBUS. Their correlation of 0.86 suggests significant overlap in exposure. PALC charges 0.60%/yr vs 0.02%/yr for BBUS.

Performance

PALC vs. BBUS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Pacer Lunt Large Cap Multi-Factor Alternator ETF (PALC) and JP Morgan Betabuilders U.S. Equity ETF (BBUS). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, PALC achieves a 11.39% return, which is significantly higher than BBUS's 10.60% return.

PALC

• 1D: -0.38%
• 1M: 6.95%
• YTD: 11.39%
• 6M: 12.77%
• 1Y: 21.51%
• 3Y*: 17.82%
• 5Y*: 9.40%
• 10Y*: —

BBUS

• 1D: -0.74%
• 1M: 5.12%
• YTD: 10.60%
• 6M: 10.47%
• 1Y: 27.47%
• 3Y*: 22.46%
• 5Y*: 13.43%
• 10Y*: —

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

PALC vs. BBUS - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
PALC Pacer Lunt Large Cap Multi-Factor Alternator ETF	11.39%	7.28%	21.24%	17.52%	-14.74%	41.03%	22.18%
BBUS JP Morgan Betabuilders U.S. Equity ETF	10.60%	17.77%	24.89%	27.20%	-19.46%	27.13%	24.38%

Correlation

The correlation between PALC and BBUS is 0.76, 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	0.76
Correlation (3Y) Calculated over the trailing 3-year period	0.85
Correlation (5Y) Calculated over the trailing 5-year period	0.88
Correlation (All Time) Calculated using the full available price history since Jun 26, 2020	0.86

The correlation between PALC and BBUS shifts across timeframes, from 0.76 (1 year) to 0.88 (5 years), reflecting how their relationship changes across market environments.

PALC vs. BBUS - Sectors Allocation Comparison

Sectors	PALC	BBUS
Financial Services	22.6%	10.8%
Technology	15.2%	37.1%
Industrials	14.1%	7.2%
Healthcare	11.9%	8.1%
Energy	10.6%	3.2%
Consumer Defensive	10.6%	4.5%
Communication Services	6.2%	10.8%
Consumer Cyclical	4.9%	9.4%
Basic Materials	2.2%	1.2%
Utilities	1.5%	2.6%
Real Estate	0.3%	1.7%

Return for Risk

PALC vs. BBUS — Risk / Return Rank

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

PALC

PALC Risk / Return Rank: 52
PALC Sharpe Ratio Rank: 54
PALC Sortino Ratio Rank: 55
PALC Omega Ratio Rank: 51
PALC Calmar Ratio Rank: 49
PALC Martin Ratio Rank: 53

BBUS

BBUS Risk / Return Rank: 68
BBUS Sharpe Ratio Rank: 70
BBUS Sortino Ratio Rank: 68
BBUS Omega Ratio Rank: 68
BBUS Calmar Ratio Rank: 60
BBUS Martin Ratio Rank: 72

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.

PALC vs. BBUS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Pacer Lunt Large Cap Multi-Factor Alternator ETF (PALC) and JP Morgan Betabuilders U.S. Equity ETF (BBUS). 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.

	PALC	BBUS	Difference
Sharpe ratio Return per unit of total volatility	1.87	2.33	-0.46
Sortino ratio Return per unit of downside risk	2.65	3.18	-0.53
Omega ratio Gain probability vs. loss probability	1.32	1.42	-0.10
Calmar ratio Return relative to maximum drawdown	2.42	3.00	-0.58
Martin ratio Return relative to average drawdown	8.98	13.76	-4.78
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

PALC vs. BBUS - Sharpe Ratio Comparison

The current PALC Sharpe Ratio is 1.87, which is comparable to the BBUS Sharpe Ratio of 2.33. The chart below compares the historical Sharpe Ratios of PALC and BBUS, 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

	PALC	BBUS	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.87	2.33	-0.46
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.58	0.79	-0.21
Sharpe Ratio (All Time) Calculated using the full available price history	0.98	0.84	+0.15

Drawdowns

PALC vs. BBUS - Drawdown Comparison

The maximum PALC drawdown since its inception was -24.45%, smaller than the maximum BBUS drawdown of -35.35%. Use the drawdown chart below to compare losses from any high point for PALC and BBUS.

Drawdown Indicators

	PALC	BBUS	Difference
Max Drawdown Largest peak-to-trough decline	-24.45%	-35.35%	+10.90%
Max Drawdown (1Y) Largest decline over 1 year	-8.94%	-9.21%	+0.27%
Max Drawdown (3Y) Largest decline over 3 years	-17.39%	-19.01%	+1.62%
Max Drawdown (5Y) Largest decline over 5 years	-24.45%	-25.46%	+1.01%
Current Drawdown Current decline from peak	-0.38%	-0.74%	+0.36%
Average Drawdown Average peak-to-trough decline	-6.33%	-5.46%	-0.87%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.40%	2.00%	+0.40%

Volatility

PALC vs. BBUS - Volatility Comparison

Pacer Lunt Large Cap Multi-Factor Alternator ETF (PALC) and JP Morgan Betabuilders U.S. Equity ETF (BBUS) have volatilities of 2.95% and 2.88%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PALC	BBUS	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.95%	2.88%	+0.07%
Volatility (6M) Calculated over the trailing 6-month period	8.55%	8.96%	-0.41%
Volatility (1Y) Calculated over the trailing 1-year period	11.58%	11.87%	-0.29%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.22%	17.03%	-0.81%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.07%	19.59%	-2.52%

PALC vs. BBUS - Expense Ratio Comparison

PALC has a 0.60% expense ratio, which is higher than BBUS's 0.02% expense ratio.

Dividends

PALC vs. BBUS - Dividend Comparison

PALC's dividend yield for the trailing twelve months is around 1.04%, more than BBUS's 0.98% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
BBUS JP Morgan Betabuilders U.S. Equity ETF	0.98%	1.07%	1.21%	1.38%	1.57%	1.11%	1.43%	1.37%
PALC Pacer Lunt Large Cap Multi-Factor Alternator ETF	1.04%	1.08%	0.93%	0.74%	1.69%	0.64%	0.72%	0.00%

Frequently Asked Questions

Can I hold both PALC and BBUS in my portfolio?

PALC and BBUS have a correlation of 0.76, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, PALC or BBUS?

PALC has higher volatility (2.95%) compared to BBUS (2.88%). In terms of maximum drawdown, PALC dropped -24.45% vs BBUS's -35.35%.

Which ETF is better, PALC or BBUS?

On 5-year performance, BBUS leads with 13.43% vs 9.40% for PALC. On fees, BBUS is cheaper at 0.02% per year. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, PALC or BBUS?

Over the 5-year period, BBUS has performed better with a 13.43% return vs 9.40%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, PALC or BBUS?

BBUS is cheaper with a 0.02% expense ratio, compared with 0.60% for PALC.

Which ETF pays a higher dividend yield, PALC or BBUS?

PALC has the higher dividend yield at 1.04%, compared with 0.98% for BBUS.

What is the main difference between PALC and BBUS?

PALC tracks Lunt Capital U.S. Large Cap Multi-Factor Rotation Index, while BBUS tracks Morningstar US Target Market Exposure Index. They also come from different issuers: Pacer and JPMorgan. Their fees differ too: 0.60% for PALC and 0.02% for BBUS.

Which has better risk-adjusted returns?

BBUS currently has the higher Sharpe Ratio (2.33 vs 1.87), 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.