PAWZ vs. FIXT

Last updated Jul 28, 2026

PAWZ (ProShares Pet Care ETF) and FIXT (Procure Disaster Recovery Strategy ETF) are both Global Equities funds - PAWZ tracks the FactSet Pet Care Index while FIXT tracks the VettaFi Natural Disaster Response and Mitigation Index. Both are passively managed. Over the past year, PAWZ returned -12.73% vs 3.59% for FIXT. Their 0.41 correlation means their historical movements had little consistent relationship. PAWZ charges 0.50%/yr vs 0.75%/yr for FIXT.

Performance

PAWZ vs. FIXT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ProShares Pet Care ETF (PAWZ) and Procure Disaster Recovery Strategy ETF (FIXT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, PAWZ achieves a -8.33% return, which is significantly lower than FIXT's 0.03% return.

PAWZ

• 1D: 2.03%
• 1M: 3.85%
• 6M: -10.65%
• YTD: -8.33%
• 1Y: -12.73%
• 3Y*: -0.92%
• 5Y*: -9.39%
• 10Y*: —
• ALL TIME*: 3.51%

FIXT

• 1D: 0.28%
• 1M: -1.32%
• 6M: -0.56%
• YTD: 0.03%
• 1Y: 3.59%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 4.13%

*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)
FIXT Procure Disaster Recovery Strategy ETF	$1.48M	$1.30M	$855.75K
PAWZ ProShares Pet Care ETF	$91.97K	$88.04K	$268.83K

PAWZ vs. FIXT - Yearly Performance Comparison

	2026 (YTD)	2025
PAWZ ProShares Pet Care ETF	-8.33%	-4.87%
FIXT Procure Disaster Recovery Strategy ETF	0.03%	4.57%

Correlation

The correlation between PAWZ and FIXT is 0.42, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.43
Correlation (All Time) Calculated using the full available price history since Jun 16, 2025	0.41

PAWZ vs. FIXT - Sectors Allocation Comparison

Sectors	PAWZ	FIXT
Healthcare	26.8%	100.0%
Consumer Cyclical	18.0%	-
Consumer Defensive	16.9%	-
Technology	4.5%	-
Financial Services	4.5%	-
Basic Materials	4.0%	-
Communication Services	-	-
Energy	-	-
Industrials	-	-
Real Estate	-	-
Utilities	-	-

Return for Risk

PAWZ vs. FIXT — Risk / Return Rank

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

PAWZ

PAWZ Risk / Return Rank: 4
PAWZ Sharpe Ratio Rank: 4
PAWZ Sortino Ratio Rank: 4
PAWZ Omega Ratio Rank: 4
PAWZ Calmar Ratio Rank: 5
PAWZ Martin Ratio Rank: 3

FIXT

FIXT Risk / Return Rank: 36
FIXT Sharpe Ratio Rank: 39
FIXT Sortino Ratio Rank: 39
FIXT Omega Ratio Rank: 35
FIXT Calmar Ratio Rank: 34
FIXT Martin Ratio Rank: 32

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.

PAWZ vs. FIXT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ProShares Pet Care ETF (PAWZ) and Procure Disaster Recovery Strategy ETF (FIXT). 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.

	PAWZ	FIXT	Difference
Sharpe ratio: Return per unit of total volatility	-0.75	0.98	-1.72
Sortino ratio: Return per unit of downside risk	-0.98	1.46	-2.45
Omega ratio: Gain probability vs. loss probability	0.89	1.17	-0.28
Calmar ratio: Return relative to maximum drawdown	-0.61	1.19	-1.80
Martin ratio: Return relative to average drawdown	-1.23	3.05	-4.28

PAWZ vs. FIXT - Sharpe Ratio Comparison

The current PAWZ Sharpe Ratio is -0.75, which is lower than the FIXT Sharpe Ratio of 0.98. The chart below compares the historical Sharpe Ratios of PAWZ and FIXT, 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

PAWZ vs. FIXT - Drawdown Comparison

The maximum PAWZ drawdown since its inception was -50.07%, which is greater than FIXT's maximum drawdown of -3.02%. Use the drawdown chart below to compare losses from any high point for PAWZ and FIXT.

Drawdown Indicators

	PAWZ	FIXT	Difference
Max Drawdown Largest peak-to-trough decline	-50.07%	-3.02%	-47.05%
Max Drawdown (1Y) Largest decline over 1 year	-21.10%	-3.02%	-18.08%
Max Drawdown (3Y) Largest decline over 3 years	-23.12%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-50.07%	—	—
Current Drawdown Current decline from peak	-39.02%	-2.07%	-36.95%
Average Drawdown Average peak-to-trough decline	-22.89%	-0.82%	-22.07%
Ulcer Index Depth and duration of drawdowns from previous peaks	10.41%	1.18%	+9.23%

Volatility

PAWZ vs. FIXT - Volatility Comparison

ProShares Pet Care ETF (PAWZ) has a higher volatility of 5.44% compared to Procure Disaster Recovery Strategy ETF (FIXT) at 1.00%. This indicates that PAWZ's price experiences larger fluctuations and is considered to be riskier than FIXT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PAWZ	FIXT	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.44%	1.00%	+4.44%
Volatility (6M) Calculated over the trailing 6-month period	12.96%	2.62%	+10.34%
Volatility (1Y) Calculated over the trailing 1-year period	17.17%	3.70%	+13.47%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.35%	3.74%	+16.61%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.63%	3.74%	+17.89%

PAWZ vs. FIXT - Expense Ratio Comparison

PAWZ has a 0.50% expense ratio, which is lower than FIXT's 0.75% expense ratio.

Dividends

PAWZ vs. FIXT - Dividend Comparison

PAWZ's dividend yield for the trailing twelve months is around 0.70%, less than FIXT's 5.61% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
FIXT Procure Disaster Recovery Strategy ETF	5.61%	3.24%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
PAWZ ProShares Pet Care ETF	0.70%	0.81%	0.63%	0.44%	0.54%	0.18%	0.14%	0.35%	0.07%

Frequently Asked Questions

Can I hold both PAWZ and FIXT in my portfolio?

PAWZ and FIXT have a correlation of 0.42, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, PAWZ or FIXT?

PAWZ has higher volatility (5.44%) compared to FIXT (1.00%). In terms of maximum drawdown, PAWZ dropped -50.07% vs FIXT's -3.02%.

Which ETF is better, PAWZ or FIXT?

On 1-year performance, FIXT leads with 3.59% vs -12.73% for PAWZ. On fees, PAWZ is cheaper at 0.50% per year. On volatility, FIXT has been the lower-risk option at 1.00%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, PAWZ or FIXT?

Over the 1-year period, FIXT has performed better with a 3.59% return vs -12.73%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, PAWZ or FIXT?

PAWZ is cheaper with a 0.50% expense ratio, compared with 0.75% for FIXT.

Which ETF pays a higher dividend yield, PAWZ or FIXT?

FIXT has the higher dividend yield at 5.61%, compared with 0.70% for PAWZ.

What is the main difference between PAWZ and FIXT?

PAWZ tracks FactSet Pet Care Index, while FIXT tracks VettaFi Natural Disaster Response and Mitigation Index. They also come from different issuers: ProShares and Procure. Their fees differ too: 0.50% for PAWZ and 0.75% for FIXT.

Which has better risk-adjusted returns?

FIXT currently has the higher Sharpe Ratio (0.98 vs -0.75), 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.