PAMC vs. VOO

Last updated Aug 2, 2026

PAMC (Pacer Lunt MidCap Multi-Factor Alternator ETF) and VOO (Vanguard S&P 500 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 VOO is a S&P 500 fund tracking the S&P 500 Index. Both are passively managed. Over the past 5 years, PAMC returned 9.60%/yr vs 12.83%/yr for VOO. Their 0.80 correlation means they have sometimes moved together and sometimes differently. PAMC charges 0.60%/yr vs 0.03%/yr for VOO.

Performance

PAMC vs. VOO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Pacer Lunt MidCap Multi-Factor Alternator ETF (PAMC) and Vanguard S&P 500 ETF (VOO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, PAMC achieves a 15.63% return, which is significantly higher than VOO's 10.16% return.

PAMC

• 1D: -0.04%
• 1M: -0.96%
• 6M: 11.11%
• YTD: 15.63%
• 1Y: 25.97%
• 3Y*: 15.21%
• 5Y*: 9.60%
• 10Y*: —
• ALL TIME*: 15.20%

VOO

• 1D: 0.71%
• 1M: 0.26%
• 6M: 8.58%
• YTD: 10.16%
• 1Y: 21.58%
• 3Y*: 19.42%
• 5Y*: 12.83%
• 10Y*: 15.14%
• ALL TIME*: 14.78%

*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)
PAMC Pacer Lunt MidCap Multi-Factor Alternator ETF	$146.26K	$127.92K	$342.42K
VOO Vanguard S&P 500 ETF	$3.82B	$3.78B	$5.44B

PAMC vs. VOO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
PAMC Pacer Lunt MidCap Multi-Factor Alternator ETF	15.63%	1.54%	26.20%	19.30%	-12.15%	13.15%	34.86%
VOO Vanguard S&P 500 ETF	10.16%	17.82%	24.98%	26.32%	-18.17%	28.79%	24.07%

Correlation

The correlation between PAMC and VOO is 0.71, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.71
Correlation (3Y) Balances recent behavior with more history.	0.76
Correlation (5Y) Shows whether the relationship held over a longer period.	0.81
Correlation (All Time) Calculated using the full available price history since Jun 25, 2020	0.80

The correlation between PAMC and VOO shifts across timeframes, from 0.71 (1 year) to 0.81 (5 years), reflecting how their relationship changes across market environments.

PAMC vs. VOO - Sectors Allocation Comparison

Sectors	PAMC	VOO
Industrials	23.2%	8.5%
Financial Services	19.8%	11.4%
Consumer Cyclical	12.5%	9.5%
Technology	10.8%	38.6%
Energy	7.8%	3.0%
Real Estate	6.8%	1.8%
Healthcare	5.8%	8.9%
Basic Materials	5.5%	1.7%
Utilities	3.5%	2.2%
Consumer Defensive	3.4%	4.5%
Communication Services	0.8%	9.9%

Return for Risk

PAMC vs. VOO — Risk / Return Rank

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

PAMC

PAMC Risk / Return Rank: 58
PAMC Sharpe Ratio Rank: 51
PAMC Sortino Ratio Rank: 54
PAMC Omega Ratio Rank: 52
PAMC Calmar Ratio Rank: 67
PAMC Martin Ratio Rank: 69

VOO

VOO Risk / Return Rank: 68
VOO Sharpe Ratio Rank: 68
VOO Sortino Ratio Rank: 65
VOO Omega Ratio Rank: 66
VOO Calmar Ratio Rank: 64
VOO Martin Ratio Rank: 76

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.

PAMC vs. VOO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Pacer Lunt MidCap Multi-Factor Alternator ETF (PAMC) and Vanguard S&P 500 ETF (VOO). 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.

	PAMC	VOO	Difference
Sharpe ratio: Return per unit of total volatility	1.26	1.53	-0.27
Sortino ratio: Return per unit of downside risk	1.88	2.13	-0.25
Omega ratio: Gain probability vs. loss probability	1.24	1.28	-0.04
Calmar ratio: Return relative to maximum drawdown	2.33	2.21	+0.12
Martin ratio: Return relative to average drawdown	8.42	9.44	-1.01

PAMC vs. VOO - Sharpe Ratio Comparison

The current PAMC Sharpe Ratio is 1.26, which is comparable to the VOO Sharpe Ratio of 1.53. The chart below compares the historical Sharpe Ratios of PAMC and VOO, 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

PAMC vs. VOO - Drawdown Comparison

The maximum PAMC drawdown since its inception was -27.04%, smaller than the maximum VOO drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for PAMC and VOO.

Drawdown Indicators

	PAMC	VOO	Difference
Max Drawdown Largest peak-to-trough decline	-27.04%	-33.99%	+6.95%
Max Drawdown (1Y) Largest decline over 1 year	-10.24%	-8.90%	-1.34%
Max Drawdown (3Y) Largest decline over 3 years	-26.07%	-18.69%	-7.38%
Max Drawdown (5Y) Largest decline over 5 years	-26.61%	-24.52%	-2.09%
Max Drawdown (10Y) Largest decline over 10 years	—	-33.99%	—
Current Drawdown Current decline from peak	-3.30%	-1.38%	-1.92%
Average Drawdown Average peak-to-trough decline	-7.32%	-3.67%	-3.65%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.83%	2.08%	+0.75%

Volatility

PAMC vs. VOO - Volatility Comparison

Pacer Lunt MidCap Multi-Factor Alternator ETF (PAMC) has a higher volatility of 4.30% compared to Vanguard S&P 500 ETF (VOO) at 3.54%. This indicates that PAMC's price experiences larger fluctuations and is considered to be riskier than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PAMC	VOO	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.30%	3.54%	+0.76%
Volatility (6M) Calculated over the trailing 6-month period	14.15%	10.10%	+4.05%
Volatility (1Y) Calculated over the trailing 1-year period	18.94%	12.82%	+6.12%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.21%	16.93%	+3.28%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.62%	18.01%	+2.61%

PAMC vs. VOO - Expense Ratio Comparison

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

Dividends

PAMC vs. VOO - Dividend Comparison

PAMC's dividend yield for the trailing twelve months is around 1.12%, more than VOO's 1.07% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
PAMC Pacer Lunt MidCap Multi-Factor Alternator ETF	1.12%	1.11%	0.97%	0.69%	1.29%	0.36%	0.30%	0.00%	0.00%	0.00%	0.00%	0.00%
VOO Vanguard S&P 500 ETF	1.07%	1.13%	1.24%	1.46%	1.69%	1.25%	1.54%	1.88%	2.06%	1.78%	2.02%	2.10%

Frequently Asked Questions

Can I hold both PAMC and VOO in my portfolio?

PAMC and VOO have a correlation of 0.71, 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 VOO?

PAMC has higher volatility (4.30%) compared to VOO (3.54%). In terms of maximum drawdown, PAMC dropped -27.04% vs VOO's -33.99%.

Which ETF is better, PAMC or VOO?

On 5-year performance, VOO leads with 12.83% vs 9.60% for PAMC. On fees, VOO is cheaper at 0.03% per year. On volatility, VOO has been the lower-risk option at 3.54%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, PAMC or VOO?

Over the 5-year period, VOO has performed better with a 12.83% return vs 9.60%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, PAMC or VOO?

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

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

PAMC has the higher dividend yield at 1.12%, compared with 1.07% for VOO.

What is the main difference between PAMC and VOO?

PAMC is categorized as Mid Cap Growth Equities, while VOO is S&P 500. PAMC tracks Lunt Capital U.S. MidCap Multi-Factor Rotation Index, while VOO tracks S&P 500 Index. They also come from different issuers: Pacer and Vanguard. Their fees differ too: 0.60% for PAMC and 0.03% for VOO.

Which has better risk-adjusted returns?

VOO currently has the higher Sharpe Ratio (1.53 vs 1.26), 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.