PATN vs. FLRT
PATN (Pacer Nasdaq International Patent Leaders ETF) and FLRT (Pacer Aristotle Pacific Floating Rate High Income ETF) are both exchange-traded funds - PATN is a Foreign Large Cap Equities fund tracking the Nasdaq International Patent Leaders Index, while FLRT is a Bank Loan fund actively managed by Pacer. PATN is passively managed, while FLRT is actively managed. Over the past year, PATN returned 53.28% vs 5.13% for FLRT. Their 0.22 correlation means their historical movements had little consistent relationship. PATN charges 0.65%/yr vs 0.60%/yr for FLRT.
Performance
PATN vs. FLRT - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, PATN achieves a 28.74% return, which is significantly higher than FLRT's 2.44% return.
PATN
- 1D
- 0.61%
- 1M
- -3.34%
- 6M
- 17.25%
- YTD
- 28.74%
- 1Y
- 53.28%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 35.65%
FLRT
- 1D
- 0.04%
- 1M
- 0.42%
- 6M
- 1.88%
- YTD
- 2.44%
- 1Y
- 5.13%
- 3Y*
- 7.90%
- 5Y*
- 6.08%
- 10Y*
- 4.77%
- ALL TIME*
- 4.48%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $4.79M | $4.57M | $4.68M | |
| $6.30M | $4.83M | $3.83M |
PATN vs. FLRT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
PATN Pacer Nasdaq International Patent Leaders ETF | 28.74% | 40.01% | -1.73% |
FLRT Pacer Aristotle Pacific Floating Rate High Income ETF | 2.44% | 6.24% | 2.31% |
Correlation
The correlation between PATN and FLRT is 0.24, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.24 |
Correlation (All Time) Calculated using the full available price history since Sep 17, 2024 | 0.22 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
PATN vs. FLRT — Risk / Return Rank
PATN
FLRT
PATN vs. FLRT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Pacer Nasdaq International Patent Leaders ETF (PATN) and Pacer Aristotle Pacific Floating Rate High Income ETF (FLRT). 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.
| PATN | FLRT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.35 | ||
| Sortino ratioReturn per unit of downside risk | -2.46 | ||
| Omega ratioGain probability vs. loss probability | 1.38 | 1.76 | -0.39 |
| Calmar ratioReturn relative to maximum drawdown | 3.72 | 2.90 | +0.82 |
| Martin ratioReturn relative to average drawdown | 11.66 | 10.63 | +1.03 |
Loading charts...
Drawdowns
PATN vs. FLRT - Drawdown Comparison
The maximum PATN drawdown since its inception was -16.77%, smaller than the maximum FLRT drawdown of -20.96%. Use the drawdown chart below to compare losses from any high point for PATN and FLRT.
Loading charts...
Drawdown Indicators
| PATN | FLRT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -16.77% | -20.96% | +4.19% |
Max Drawdown (1Y)Largest decline over 1 year | -14.40% | -1.78% | -12.62% |
Max Drawdown (3Y)Largest decline over 3 years | — | -2.87% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -7.60% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -20.96% | — |
Current DrawdownCurrent decline from peak | -9.34% | 0.00% | -9.34% |
Average DrawdownAverage peak-to-trough decline | -3.44% | -1.39% | -2.05% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.58% | 0.48% | +4.10% |
Volatility
PATN vs. FLRT - Volatility Comparison
Pacer Nasdaq International Patent Leaders ETF (PATN) has a higher volatility of 8.80% compared to Pacer Aristotle Pacific Floating Rate High Income ETF (FLRT) at 0.29%. This indicates that PATN's price experiences larger fluctuations and is considered to be riskier than FLRT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| PATN | FLRT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.80% | 0.29% | +8.51% |
Volatility (6M)Calculated over the trailing 6-month period | 22.85% | 1.19% | +21.66% |
Volatility (1Y)Calculated over the trailing 1-year period | 25.38% | 1.49% | +23.89% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.70% | 2.30% | +20.40% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.70% | 6.09% | +16.61% |
PATN vs. FLRT - Expense Ratio Comparison
PATN has a 0.65% expense ratio, which is higher than FLRT's 0.60% expense ratio.
Dividends
PATN vs. FLRT - Dividend Comparison
PATN's dividend yield for the trailing twelve months is around 1.69%, less than FLRT's 6.71% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FLRT Pacer Aristotle Pacific Floating Rate High Income ETF | 6.71% | 6.93% | 7.93% | 8.40% | 5.81% | 3.16% | 3.52% | 4.30% | 3.95% | 3.20% | 3.38% | 3.21% |
PATN Pacer Nasdaq International Patent Leaders ETF | 1.69% | 2.25% | 0.30% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
PATN and FLRT have a correlation of 0.24, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
PATN has higher volatility (8.80%) compared to FLRT (0.29%). In terms of maximum drawdown, PATN dropped -16.77% vs FLRT's -20.96%.
On 1-year performance, PATN leads with 53.28% vs 5.13% for FLRT. On fees, FLRT is cheaper at 0.60% per year. On volatility, FLRT has been the lower-risk option at 0.29%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, PATN has performed better with a 53.28% return vs 5.13%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
FLRT is cheaper with a 0.60% expense ratio, compared with 0.65% for PATN.
FLRT has the higher dividend yield at 6.71%, compared with 1.69% for PATN.
PATN is categorized as Foreign Large Cap Equities, while FLRT is Bank Loan. Their fees differ too: 0.65% for PATN and 0.60% for FLRT.
FLRT currently has the higher Sharpe Ratio (3.46 vs 2.11), 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.
Find the right allocation for PATN and FLRT
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer