PAMC vs. ITOT
Compare and contrast key facts about Pacer Lunt MidCap Multi-Factor Alternator ETF (PAMC) and iShares Core S&P Total U.S. Stock Market ETF (ITOT).
PAMC and ITOT are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. PAMC is a passively managed fund by Pacer Advisors that tracks the performance of the Lunt Capital U.S. MidCap Multi-Factor Rotation Index. It was launched on Jun 24, 2020. ITOT is a passively managed fund by iShares that tracks the performance of the S&P Composite 1500 Index. It was launched on Jan 20, 2004. Both PAMC and ITOT are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PAMC or ITOT.
Key characteristics
| PAMC | ITOT | |
|---|---|---|
| YTD Return | 32.68% | 26.12% |
| 1Y Return | 42.03% | 35.37% |
| 3Y Return (Ann) | 10.01% | 8.70% |
| Sharpe Ratio | 2.85 | 3.04 |
| Sortino Ratio | 4.07 | 4.05 |
| Omega Ratio | 1.49 | 1.57 |
| Calmar Ratio | 5.63 | 4.52 |
| Martin Ratio | 16.45 | 19.71 |
| Ulcer Index | 2.88% | 1.95% |
| Daily Std Dev | 16.62% | 12.63% |
| Max Drawdown | -27.04% | -55.21% |
| Current Drawdown | -1.11% | -0.49% |
Correlation
The correlation between PAMC and ITOT is 0.86, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
PAMC vs. ITOT - Performance Comparison
In the year-to-date period, PAMC achieves a 32.68% return, which is significantly higher than ITOT's 26.12% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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PAMC vs. ITOT - Expense Ratio Comparison
PAMC has a 0.60% expense ratio, which is higher than ITOT's 0.03% expense ratio.
Risk-Adjusted Performance
PAMC vs. ITOT - Risk-Adjusted Performance 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.
Dividends
PAMC vs. ITOT - Dividend Comparison
PAMC's dividend yield for the trailing twelve months is around 0.69%, less than ITOT's 1.20% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PAMC Pacer Lunt MidCap Multi-Factor Alternator ETF | 0.69% | 0.69% | 1.29% | 0.36% | 0.30% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
ITOT iShares Core S&P Total U.S. Stock Market ETF | 1.20% | 1.47% | 1.66% | 1.18% | 1.41% | 1.88% | 2.14% | 1.69% | 1.83% | 2.01% | 2.20% | 2.06% |
Drawdowns
PAMC vs. ITOT - Drawdown Comparison
The maximum PAMC drawdown since its inception was -27.04%, smaller than the maximum ITOT drawdown of -55.21%. Use the drawdown chart below to compare losses from any high point for PAMC and ITOT. For additional features, visit the drawdowns tool.
Volatility
PAMC vs. ITOT - Volatility Comparison
Pacer Lunt MidCap Multi-Factor Alternator ETF (PAMC) has a higher volatility of 5.23% compared to iShares Core S&P Total U.S. Stock Market ETF (ITOT) at 3.94%. 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.