PALC vs. SPIT

Last updated Aug 2, 2026

PALC (Pacer Lunt Large Cap Multi-Factor Alternator ETF) and SPIT (F/m Emerald Special Situations ETF) are both Large Cap Growth Equities funds. PALC is passively managed, while SPIT is actively managed. Their 0.67 correlation means they have sometimes moved together and sometimes differently. PALC charges 0.60%/yr vs 0.89%/yr for SPIT.

Performance

PALC vs. SPIT - 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 F/m Emerald Special Situations ETF (SPIT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, PALC achieves a 6.37% return, which is significantly lower than SPIT's 24.45% return.

PALC

• 1D: 0.00%
• 1M: -4.59%
• 6M: 2.88%
• YTD: 6.37%
• 1Y: 13.57%
• 3Y*: 13.11%
• 5Y*: 8.10%
• 10Y*: —
• ALL TIME*: 15.51%

SPIT

• 1D: 0.51%
• 1M: -5.03%
• 6M: 16.23%
• YTD: 24.45%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
PALC Pacer Lunt Large Cap Multi-Factor Alternator ETF	$354.52K	$345.95K	$744.41K
SPIT F/m Emerald Special Situations ETF	$242.68K	$282.09K	$201.11K

PALC vs. SPIT - Yearly Performance Comparison

	2026 (YTD)	2025
PALC Pacer Lunt Large Cap Multi-Factor Alternator ETF	6.37%	1.51%
SPIT F/m Emerald Special Situations ETF	24.45%	5.31%

Correlation

The correlation between PALC and SPIT is 0.67, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (All Time) Calculated using the full available price history since Oct 6, 2025	0.67

Return for Risk

PALC vs. SPIT — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

PALC

PALC Risk / Return Rank: 34
PALC Sharpe Ratio Rank: 33
PALC Sortino Ratio Rank: 32
PALC Omega Ratio Rank: 31
PALC Calmar Ratio Rank: 36
PALC Martin Ratio Rank: 38

SPIT

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

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

PALC vs. SPIT - 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 F/m Emerald Special Situations ETF (SPIT). 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	SPIT	Difference
Sharpe ratio: Return per unit of total volatility	0.81	—	—
Sortino ratio: Return per unit of downside risk	1.20	—	—
Omega ratio: Gain probability vs. loss probability	1.15	—	—
Calmar ratio: Return relative to maximum drawdown	1.25	—	—
Martin ratio: Return relative to average drawdown	3.93	—	—

Drawdowns

PALC vs. SPIT - Drawdown Comparison

The maximum PALC drawdown since its inception was -24.45%, which is greater than SPIT's maximum drawdown of -12.49%. Use the drawdown chart below to compare losses from any high point for PALC and SPIT.

Drawdown Indicators

	PALC	SPIT	Difference
Max Drawdown Largest peak-to-trough decline	-24.45%	-12.49%	-11.96%
Max Drawdown (1Y) Largest decline over 1 year	-9.42%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-17.39%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-24.45%	—	—
Current Drawdown Current decline from peak	-7.30%	-7.55%	+0.25%
Average Drawdown Average peak-to-trough decline	-6.26%	-2.85%	-3.41%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.00%	—	—

Volatility

Volatility by Period

	PALC	SPIT	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.52%	—	—
Volatility (6M) Calculated over the trailing 6-month period	12.14%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	14.60%	26.59%	-11.99%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.64%	26.59%	-9.95%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.29%	26.59%	-9.30%

PALC vs. SPIT - Expense Ratio Comparison

PALC has a 0.60% expense ratio, which is lower than SPIT's 0.89% expense ratio.

Dividends

PALC vs. SPIT - Dividend Comparison

PALC's dividend yield for the trailing twelve months is around 1.10%, less than SPIT's 5.77% yield.

Position	TTM	2025	2024	2023	2022	2021	2020
PALC Pacer Lunt Large Cap Multi-Factor Alternator ETF	1.10%	1.08%	0.93%	0.74%	1.69%	0.64%	0.72%
SPIT F/m Emerald Special Situations ETF	5.77%	7.18%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both PALC and SPIT in my portfolio?

PALC and SPIT have a correlation of 0.67, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, PALC or SPIT?

On fees, PALC is cheaper at 0.60% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, PALC or SPIT?

PALC is cheaper with a 0.60% expense ratio, compared with 0.89% for SPIT.

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

SPIT has the higher dividend yield at 5.77%, compared with 1.10% for PALC.

What is the main difference between PALC and SPIT?

They also come from different issuers: Pacer and F/m. Their fees differ too: 0.60% for PALC and 0.89% for SPIT.