PALC vs. IUSG

Last updated Jun 24, 2026

PALC (Pacer Lunt Large Cap Multi-Factor Alternator ETF) and IUSG (iShares Core S&P U.S. Growth ETF) are both Large Cap Growth Equities funds - PALC tracks the Lunt Capital U.S. Large Cap Multi-Factor Rotation Index while IUSG tracks the S&P 900 Growth Index. Both are passively managed. Over the past 5 years, PALC returned 9.43%/yr vs 13.77%/yr for IUSG. A 0.79 correlation means they provide meaningful diversification when combined. PALC charges 0.60%/yr vs 0.04%/yr for IUSG.

Performance

PALC vs. IUSG - 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 iShares Core S&P U.S. Growth ETF (IUSG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, PALC achieves a 10.24% return, which is significantly higher than IUSG's 9.19% return.

PALC

• 1D: -2.85%
• 1M: 2.12%
• YTD: 10.24%
• 6M: 9.48%
• 1Y: 19.99%
• 3Y*: 16.40%
• 5Y*: 9.43%
• 10Y*: —

IUSG

• 1D: -2.31%
• 1M: -1.86%
• YTD: 9.19%
• 6M: 7.87%
• 1Y: 26.96%
• 3Y*: 25.00%
• 5Y*: 13.77%
• 10Y*: 17.77%

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

PALC vs. IUSG - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
PALC Pacer Lunt Large Cap Multi-Factor Alternator ETF	10.24%	7.28%	21.24%	17.52%	-14.74%	41.03%	23.19%
IUSG iShares Core S&P U.S. Growth ETF	9.19%	21.23%	34.70%	29.28%	-28.81%	31.26%	25.87%

Correlation

The correlation between PALC and IUSG is 0.64, 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	0.64
Correlation (3Y) Calculated over the trailing 3-year period	0.77
Correlation (5Y) Calculated over the trailing 5-year period	0.81
Correlation (All Time) Calculated using the full available price history since Jun 25, 2020	0.79

The correlation between PALC and IUSG shifts across timeframes, from 0.64 (1 year) to 0.81 (5 years), reflecting how their relationship changes across market environments.

PALC vs. IUSG - Sectors Allocation Comparison

Sectors	PALC	IUSG
Healthcare	27.1%	6.4%
Technology	21.3%	50.8%
Industrials	15.8%	6.6%
Consumer Defensive	12.5%	1.2%
Financial Services	8.4%	8.7%
Consumer Cyclical	4.4%	8.4%
Energy	3.5%	0.3%
Basic Materials	2.4%	0.5%
Utilities	2.3%	1.1%
Communication Services	1.7%	15.2%
Real Estate	0.3%	0.8%

Return for Risk

PALC vs. IUSG — Risk / Return Rank

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

PALC

PALC Risk / Return Rank: 46
PALC Sharpe Ratio Rank: 45
PALC Sortino Ratio Rank: 43
PALC Omega Ratio Rank: 44
PALC Calmar Ratio Rank: 48
PALC Martin Ratio Rank: 51

IUSG

IUSG Risk / Return Rank: 47
IUSG Sharpe Ratio Rank: 48
IUSG Sortino Ratio Rank: 45
IUSG Omega Ratio Rank: 45
IUSG Calmar Ratio Rank: 43
IUSG Martin Ratio Rank: 51

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. IUSG - 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 iShares Core S&P U.S. Growth ETF (IUSG). 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.

	PALC	IUSG	Difference
Sharpe ratio: Return per unit of total volatility	1.51	1.60	-0.09
Sortino ratio: Return per unit of downside risk	2.10	2.20	-0.10
Omega ratio: Gain probability vs. loss probability	1.27	1.28	-0.01
Calmar ratio: Return relative to maximum drawdown	2.25	2.07	+0.17
Martin ratio: Return relative to average drawdown	8.15	8.45	-0.30

PALC vs. IUSG - Sharpe Ratio Comparison

The current PALC Sharpe Ratio is 1.51, which is comparable to the IUSG Sharpe Ratio of 1.60. The chart below compares the historical Sharpe Ratios of PALC and IUSG, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

PALC vs. IUSG - Drawdown Comparison

The maximum PALC drawdown since its inception was -24.45%, smaller than the maximum IUSG drawdown of -63.41%. Use the drawdown chart below to compare losses from any high point for PALC and IUSG.

Drawdown Indicators

	PALC	IUSG	Difference
Max Drawdown Largest peak-to-trough decline	-24.45%	-63.41%	+38.96%
Max Drawdown (1Y) Largest decline over 1 year	-8.94%	-13.07%	+4.13%
Max Drawdown (3Y) Largest decline over 3 years	-17.39%	-22.28%	+4.89%
Max Drawdown (5Y) Largest decline over 5 years	-24.45%	-32.21%	+7.76%
Max Drawdown (10Y) Largest decline over 10 years	—	-32.35%	—
Current Drawdown Current decline from peak	-2.85%	-5.23%	+2.38%
Average Drawdown Average peak-to-trough decline	-6.29%	-21.40%	+15.11%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.46%	3.20%	-0.74%

Volatility

PALC vs. IUSG - Volatility Comparison

Pacer Lunt Large Cap Multi-Factor Alternator ETF (PALC) and iShares Core S&P U.S. Growth ETF (IUSG) have volatilities of 7.41% and 7.16%, 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	IUSG	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.41%	7.16%	+0.25%
Volatility (6M) Calculated over the trailing 6-month period	10.87%	13.66%	-2.79%
Volatility (1Y) Calculated over the trailing 1-year period	13.38%	16.92%	-3.54%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.47%	21.06%	-4.59%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.23%	20.48%	-3.25%

PALC vs. IUSG - Expense Ratio Comparison

PALC has a 0.60% expense ratio, which is higher than IUSG's 0.04% expense ratio.

Dividends

PALC vs. IUSG - Dividend Comparison

PALC's dividend yield for the trailing twelve months is around 1.06%, more than IUSG's 0.50% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
IUSG iShares Core S&P U.S. Growth ETF	0.50%	0.53%	0.59%	1.12%	1.07%	0.59%	0.93%	1.64%	1.32%	1.28%	1.48%	1.29%
PALC Pacer Lunt Large Cap Multi-Factor Alternator ETF	1.06%	1.08%	0.93%	0.74%	1.69%	0.64%	0.72%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both PALC and IUSG in my portfolio?

PALC and IUSG have a correlation of 0.64, 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 IUSG?

PALC has higher volatility (7.41%) compared to IUSG (7.16%). In terms of maximum drawdown, PALC dropped -24.45% vs IUSG's -63.41%.

Which ETF is better, PALC or IUSG?

On 5-year performance, IUSG leads with 13.77% vs 9.43% for PALC. On fees, IUSG is cheaper at 0.04% per year. On volatility, IUSG has been the lower-risk option at 7.16%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, PALC or IUSG?

Over the 5-year period, IUSG has performed better with a 13.77% return vs 9.43%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, PALC or IUSG?

IUSG is cheaper with a 0.04% expense ratio, compared with 0.60% for PALC.

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

PALC has the higher dividend yield at 1.06%, compared with 0.50% for IUSG.

What is the main difference between PALC and IUSG?

PALC tracks Lunt Capital U.S. Large Cap Multi-Factor Rotation Index, while IUSG tracks S&P 900 Growth Index. They also come from different issuers: Pacer and iShares. Their fees differ too: 0.60% for PALC and 0.04% for IUSG.

Which has better risk-adjusted returns?

IUSG currently has the higher Sharpe Ratio (1.60 vs 1.51), 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.