PTLC vs. SPY
Compare and contrast key facts about Pacer Trendpilot US Large Cap ETF (PTLC) and SPDR S&P 500 ETF (SPY).
PTLC and SPY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. PTLC is a passively managed fund by Pacer Advisors that tracks the performance of the Pacer Trendpilot U.S. Large Cap Index. It was launched on Jun 11, 2015. SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993. Both PTLC and SPY 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: PTLC or SPY.
Key characteristics
| PTLC | SPY | |
|---|---|---|
| YTD Return | 26.39% | 26.83% |
| 1Y Return | 34.24% | 34.88% |
| 3Y Return (Ann) | 11.21% | 10.16% |
| 5Y Return (Ann) | 12.12% | 15.71% |
| Sharpe Ratio | 3.04 | 3.08 |
| Sortino Ratio | 4.04 | 4.10 |
| Omega Ratio | 1.57 | 1.58 |
| Calmar Ratio | 4.37 | 4.46 |
| Martin Ratio | 19.72 | 20.22 |
| Ulcer Index | 1.87% | 1.85% |
| Daily Std Dev | 12.12% | 12.18% |
| Max Drawdown | -26.63% | -55.19% |
| Current Drawdown | -0.20% | -0.26% |
Correlation
The correlation between PTLC and SPY is 0.83, 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
PTLC vs. SPY - Performance Comparison
The year-to-date returns for both investments are quite close, with PTLC having a 26.39% return and SPY slightly higher at 26.83%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
PTLC vs. SPY - Expense Ratio Comparison
PTLC has a 0.60% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
PTLC vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Pacer Trendpilot US Large Cap ETF (PTLC) and SPDR S&P 500 ETF (SPY). 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
PTLC vs. SPY - Dividend Comparison
PTLC's dividend yield for the trailing twelve months is around 0.93%, less than SPY's 1.17% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PTLC Pacer Trendpilot US Large Cap ETF | 0.93% | 1.18% | 1.26% | 0.73% | 1.08% | 1.10% | 1.00% | 0.97% | 1.08% | 0.43% | 0.00% | 0.00% |
SPY SPDR S&P 500 ETF | 1.17% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
Drawdowns
PTLC vs. SPY - Drawdown Comparison
The maximum PTLC drawdown since its inception was -26.63%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for PTLC and SPY. For additional features, visit the drawdowns tool.
Volatility
PTLC vs. SPY - Volatility Comparison
Pacer Trendpilot US Large Cap ETF (PTLC) and SPDR S&P 500 ETF (SPY) have volatilities of 3.81% and 3.77%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.