PAMC vs. ITOT

Last updated Jun 4, 2026

PAMC (Pacer Lunt MidCap Multi-Factor Alternator ETF) and ITOT (iShares Core S&P Total U.S. Stock Market ETF) are both exchange-traded funds - PAMC is a Mid Cap Growth Equities fund tracking the Lunt Capital U.S. MidCap Multi-Factor Rotation Index, while ITOT is a Large Cap Blend Equities fund tracking the S&P Total Market Index. Both are passively managed. Over the past 5 years, PAMC returned 8.58%/yr vs 12.69%/yr for ITOT. Their correlation of 0.84 suggests significant overlap in exposure. PAMC charges 0.60%/yr vs 0.03%/yr for ITOT.

Performance

PAMC vs. ITOT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Pacer Lunt MidCap Multi-Factor Alternator ETF (PAMC) and iShares Core S&P Total U.S. Stock Market ETF (ITOT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, PAMC achieves a 17.95% return, which is significantly higher than ITOT's 11.25% return.

PAMC

• 1D: 0.20%
• 1M: 5.18%
• YTD: 17.95%
• 6M: 18.02%
• 1Y: 28.44%
• 3Y*: 18.46%
• 5Y*: 8.58%
• 10Y*: —

ITOT

• 1D: -0.73%
• 1M: 5.01%
• YTD: 11.25%
• 6M: 11.12%
• 1Y: 28.12%
• 3Y*: 22.09%
• 5Y*: 12.69%
• 10Y*: 15.01%

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

PAMC vs. ITOT - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
PAMC Pacer Lunt MidCap Multi-Factor Alternator ETF	17.95%	1.54%	26.20%	19.30%	-12.15%	13.15%	34.03%
ITOT iShares Core S&P Total U.S. Stock Market ETF	11.25%	17.00%	23.80%	26.12%	-19.47%	25.68%	25.84%

Correlation

The correlation between PAMC and ITOT is 0.74, 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	0.74
Correlation (3Y) Calculated over the trailing 3-year period	0.80
Correlation (5Y) Calculated over the trailing 5-year period	0.84
Correlation (All Time) Calculated using the full available price history since Jun 26, 2020	0.84

The correlation between PAMC and ITOT shifts across timeframes, from 0.74 (1 year) to 0.84 (5 years), reflecting how their relationship changes across market environments.

PAMC vs. ITOT - Sectors Allocation Comparison

Sectors	PAMC	ITOT
Industrials	25.6%	9.5%
Financial Services	16.5%	12.1%
Technology	14.1%	33.8%
Consumer Cyclical	12.1%	10.1%
Energy	10.8%	3.7%
Basic Materials	5.4%	2.1%
Consumer Defensive	4.2%	4.7%
Real Estate	4.1%	2.4%
Healthcare	3.4%	9.0%
Utilities	3.1%	2.3%
Communication Services	0.8%	10.3%

Return for Risk

PAMC vs. ITOT — Risk / Return Rank

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

PAMC

PAMC Risk / Return Rank: 50
PAMC Sharpe Ratio Rank: 44
PAMC Sortino Ratio Rank: 45
PAMC Omega Ratio Rank: 44
PAMC Calmar Ratio Rank: 56
PAMC Martin Ratio Rank: 58

ITOT

ITOT Risk / Return Rank: 68
ITOT Sharpe Ratio Rank: 69
ITOT Sortino Ratio Rank: 68
ITOT Omega Ratio Rank: 67
ITOT Calmar Ratio Rank: 63
ITOT Martin Ratio Rank: 75

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.

PAMC vs. ITOT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Pacer Lunt MidCap Multi-Factor Alternator ETF (PAMC) and iShares Core S&P Total U.S. Stock Market ETF (ITOT). 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.

	PAMC	ITOT	Difference
Sharpe ratio: Return per unit of total volatility	1.55	2.32	-0.77
Sortino ratio: Return per unit of downside risk	2.26	3.17	-0.92
Omega ratio: Gain probability vs. loss probability	1.29	1.42	-0.13
Calmar ratio: Return relative to maximum drawdown	2.79	3.17	-0.39
Martin ratio: Return relative to average drawdown	10.32	14.57	-4.25
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

PAMC vs. ITOT - Sharpe Ratio Comparison

The current PAMC Sharpe Ratio is 1.55, which is lower than the ITOT Sharpe Ratio of 2.32. The chart below compares the historical Sharpe Ratios of PAMC and ITOT, 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

	PAMC	ITOT	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.55	2.32	-0.77
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.42	0.74	-0.31
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.82	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.77	0.57	+0.20

Drawdowns

PAMC vs. ITOT - Drawdown Comparison

The maximum PAMC drawdown since its inception was -27.04%, smaller than the maximum ITOT drawdown of -55.20%. Use the drawdown chart below to compare losses from any high point for PAMC and ITOT.

Drawdown Indicators

	PAMC	ITOT	Difference
Max Drawdown Largest peak-to-trough decline	-27.04%	-55.20%	+28.16%
Max Drawdown (1Y) Largest decline over 1 year	-10.24%	-8.90%	-1.34%
Max Drawdown (3Y) Largest decline over 3 years	-26.07%	-19.44%	-6.63%
Max Drawdown (5Y) Largest decline over 5 years	-27.04%	-25.36%	-1.68%
Max Drawdown (10Y) Largest decline over 10 years	—	-35.00%	—
Current Drawdown Current decline from peak	0.00%	-0.73%	+0.73%
Average Drawdown Average peak-to-trough decline	-7.47%	-6.97%	-0.50%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.76%	1.94%	+0.82%

Volatility

PAMC vs. ITOT - Volatility Comparison

Pacer Lunt MidCap Multi-Factor Alternator ETF (PAMC) has a higher volatility of 5.65% compared to iShares Core S&P Total U.S. Stock Market ETF (ITOT) at 2.99%. This indicates that PAMC's price experiences larger fluctuations and is considered to be riskier than ITOT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PAMC	ITOT	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.65%	2.99%	+2.66%
Volatility (6M) Calculated over the trailing 6-month period	14.17%	9.13%	+5.04%
Volatility (1Y) Calculated over the trailing 1-year period	18.44%	12.20%	+6.24%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.40%	17.36%	+3.04%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.73%	18.26%	+2.47%

PAMC vs. ITOT - Expense Ratio Comparison

PAMC has a 0.60% expense ratio, which is higher than ITOT's 0.03% expense ratio.

Dividends

PAMC vs. ITOT - Dividend Comparison

PAMC's dividend yield for the trailing twelve months is around 1.10%, more than ITOT's 0.98% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ITOT iShares Core S&P Total U.S. Stock Market ETF	0.98%	1.11%	1.23%	1.47%	1.66%	1.18%	1.41%	1.88%	2.14%	1.69%	1.83%	2.01%
PAMC Pacer Lunt MidCap Multi-Factor Alternator ETF	1.10%	1.11%	0.97%	0.69%	1.29%	0.36%	0.30%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both PAMC and ITOT in my portfolio?

PAMC and ITOT have a correlation of 0.74, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, PAMC or ITOT?

PAMC has higher volatility (5.65%) compared to ITOT (2.99%). In terms of maximum drawdown, PAMC dropped -27.04% vs ITOT's -55.20%.

Which ETF is better, PAMC or ITOT?

On 5-year performance, ITOT leads with 12.69% vs 8.58% for PAMC. On fees, ITOT is cheaper at 0.03% per year. On volatility, ITOT has been the lower-risk option at 2.99%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, PAMC or ITOT?

Over the 5-year period, ITOT has performed better with a 12.69% return vs 8.58%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, PAMC or ITOT?

ITOT is cheaper with a 0.03% expense ratio, compared with 0.60% for PAMC.

Which ETF pays a higher dividend yield, PAMC or ITOT?

PAMC has the higher dividend yield at 1.10%, compared with 0.98% for ITOT.

What is the main difference between PAMC and ITOT?

PAMC is categorized as Mid Cap Growth Equities, while ITOT is Large Cap Blend Equities. PAMC tracks Lunt Capital U.S. MidCap Multi-Factor Rotation Index, while ITOT tracks S&P Total Market Index. They also come from different issuers: Pacer and iShares. Their fees differ too: 0.60% for PAMC and 0.03% for ITOT.

Which has better risk-adjusted returns?

ITOT currently has the higher Sharpe Ratio (2.32 vs 1.55), 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.