PALC vs. WNTR

Last updated Jun 26, 2026

PALC (Pacer Lunt Large Cap Multi-Factor Alternator ETF) and WNTR (YieldMax Short MSTR Option Income Strategy ETF) are both exchange-traded funds - PALC is a Large Cap Growth Equities fund tracking the Lunt Capital U.S. Large Cap Multi-Factor Rotation Index, while WNTR is a Derivative Income fund actively managed by YieldMax. PALC is passively managed, while WNTR is actively managed. Over the past year, PALC returned 22.30% vs 115.98% for WNTR. At a correlation of -0.33, they often move in opposite directions. PALC charges 0.60%/yr vs 1.01%/yr for WNTR.

Performance

PALC vs. WNTR - 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 YieldMax Short MSTR Option Income Strategy ETF (WNTR). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, PALC achieves a 12.50% return, which is significantly lower than WNTR's 17.65% return.

PALC

• 1D: 1.86%
• 1M: 3.54%
• YTD: 12.50%
• 6M: 11.22%
• 1Y: 22.30%
• 3Y*: 17.67%
• 5Y*: 9.69%
• 10Y*: —

WNTR

• 1D: 6.51%
• 1M: 45.64%
• YTD: 17.65%
• 6M: 21.49%
• 1Y: 115.98%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

PALC vs. WNTR - Yearly Performance Comparison

	2026 (YTD)	2025
PALC Pacer Lunt Large Cap Multi-Factor Alternator ETF	12.50%	7.80%
WNTR YieldMax Short MSTR Option Income Strategy ETF	17.65%	52.78%

Correlation

The correlation between PALC and WNTR is -0.30, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.30
Correlation (All Time) Calculated using the full available price history since Mar 27, 2025	-0.33

Return for Risk

PALC vs. WNTR — Risk / Return Rank

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

PALC

PALC Risk / Return Rank: 56
PALC Sharpe Ratio Rank: 56
PALC Sortino Ratio Rank: 54
PALC Omega Ratio Rank: 55
PALC Calmar Ratio Rank: 58
PALC Martin Ratio Rank: 58

WNTR

WNTR Risk / Return Rank: 63
WNTR Sharpe Ratio Rank: 80
WNTR Sortino Ratio Rank: 60
WNTR Omega Ratio Rank: 64
WNTR Calmar Ratio Rank: 64
WNTR Martin Ratio Rank: 47

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. WNTR - 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 YieldMax Short MSTR Option Income Strategy ETF (WNTR). 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	WNTR	Difference
Sharpe ratio: Return per unit of total volatility	1.67	2.20	-0.52
Sortino ratio: Return per unit of downside risk	2.31	2.46	-0.15
Omega ratio: Gain probability vs. loss probability	1.30	1.33	-0.03
Calmar ratio: Return relative to maximum drawdown	2.51	2.73	-0.23
Martin ratio: Return relative to average drawdown	9.07	6.99	+2.08

PALC vs. WNTR - Sharpe Ratio Comparison

The current PALC Sharpe Ratio is 1.67, which is comparable to the WNTR Sharpe Ratio of 2.20. The chart below compares the historical Sharpe Ratios of PALC and WNTR, 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. WNTR - Drawdown Comparison

The maximum PALC drawdown since its inception was -24.45%, smaller than the maximum WNTR drawdown of -42.65%. Use the drawdown chart below to compare losses from any high point for PALC and WNTR.

Drawdown Indicators

	PALC	WNTR	Difference
Max Drawdown Largest peak-to-trough decline	-24.45%	-42.65%	+18.20%
Max Drawdown (1Y) Largest decline over 1 year	-8.94%	-42.65%	+33.71%
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	-0.86%	-4.02%	+3.16%
Average Drawdown Average peak-to-trough decline	-6.29%	-20.87%	+14.58%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.47%	16.66%	-14.19%

Volatility

PALC vs. WNTR - Volatility Comparison

The current volatility for Pacer Lunt Large Cap Multi-Factor Alternator ETF (PALC) is 7.54%, while YieldMax Short MSTR Option Income Strategy ETF (WNTR) has a volatility of 18.14%. This indicates that PALC experiences smaller price fluctuations and is considered to be less risky than WNTR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PALC	WNTR	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.54%	18.14%	-10.60%
Volatility (6M) Calculated over the trailing 6-month period	10.99%	46.41%	-35.42%
Volatility (1Y) Calculated over the trailing 1-year period	13.40%	53.16%	-39.76%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.49%	53.31%	-36.82%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.23%	53.31%	-36.08%

PALC vs. WNTR - Expense Ratio Comparison

PALC has a 0.60% expense ratio, which is lower than WNTR's 1.01% expense ratio.

Dividends

PALC vs. WNTR - Dividend Comparison

PALC's dividend yield for the trailing twelve months is around 1.04%, less than WNTR's 94.34% yield.

Position	TTM	2025	2024	2023	2022	2021	2020
PALC Pacer Lunt Large Cap Multi-Factor Alternator ETF	1.04%	1.08%	0.93%	0.74%	1.69%	0.64%	0.72%
WNTR YieldMax Short MSTR Option Income Strategy ETF	94.34%	58.56%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both PALC and WNTR in my portfolio?

PALC and WNTR have a correlation of -0.30, 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 WNTR?

WNTR has higher volatility (18.14%) compared to PALC (7.54%). In terms of maximum drawdown, PALC dropped -24.45% vs WNTR's -42.65%.

Which ETF is better, PALC or WNTR?

On 1-year performance, WNTR leads with 115.98% vs 22.30% for PALC. On fees, PALC is cheaper at 0.60% per year. On volatility, PALC has been the lower-risk option at 7.54%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, PALC or WNTR?

Over the 1-year period, WNTR has performed better with a 115.98% return vs 22.30%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, PALC or WNTR?

PALC is cheaper with a 0.60% expense ratio, compared with 1.01% for WNTR.

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

WNTR has the higher dividend yield at 94.34%, compared with 1.04% for PALC.

What is the main difference between PALC and WNTR?

PALC is categorized as Large Cap Growth Equities, while WNTR is Derivative Income. They also come from different issuers: Pacer and YieldMax. Their fees differ too: 0.60% for PALC and 1.01% for WNTR.

Which has better risk-adjusted returns?

WNTR currently has the higher Sharpe Ratio (2.20 vs 1.67), 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.