PTMC vs. IJH
Compare and contrast key facts about Pacer Trendpilot US Mid Cap ETF (PTMC) and iShares Core S&P Mid-Cap ETF (IJH).
PTMC and IJH are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. PTMC is a passively managed fund by Pacer Advisors that tracks the performance of the Pacer Trendpilot US Mid Cap Index. It was launched on Jun 11, 2015. IJH is a passively managed fund by iShares that tracks the performance of the S&P MidCap 400 Index. It was launched on May 22, 2000. Both PTMC and IJH 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: PTMC or IJH.
Key characteristics
| PTMC | IJH | |
|---|---|---|
| YTD Return | 17.46% | 18.10% |
| 1Y Return | 28.24% | 29.59% |
| 3Y Return (Ann) | 2.33% | 5.37% |
| 5Y Return (Ann) | 6.06% | 11.86% |
| Sharpe Ratio | 1.80 | 1.89 |
| Sortino Ratio | 2.56 | 2.67 |
| Omega Ratio | 1.32 | 1.33 |
| Calmar Ratio | 1.68 | 2.80 |
| Martin Ratio | 10.24 | 11.00 |
| Ulcer Index | 2.77% | 2.74% |
| Daily Std Dev | 15.78% | 15.93% |
| Max Drawdown | -20.53% | -55.07% |
| Current Drawdown | -2.56% | -2.48% |
Correlation
The correlation between PTMC and IJH is 0.77, 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
PTMC vs. IJH - Performance Comparison
The year-to-date returns for both investments are quite close, with PTMC having a 17.46% return and IJH slightly higher at 18.10%. 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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PTMC vs. IJH - Expense Ratio Comparison
PTMC has a 0.60% expense ratio, which is higher than IJH's 0.06% expense ratio.
Risk-Adjusted Performance
PTMC vs. IJH - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Pacer Trendpilot US Mid Cap ETF (PTMC) and iShares Core S&P Mid-Cap ETF (IJH). 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
PTMC vs. IJH - Dividend Comparison
PTMC's dividend yield for the trailing twelve months is around 1.63%, more than IJH's 1.24% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PTMC Pacer Trendpilot US Mid Cap ETF | 1.63% | 1.92% | 0.82% | 0.12% | 0.52% | 1.41% | 0.89% | 0.68% | 0.66% | 0.07% | 0.00% | 0.00% |
IJH iShares Core S&P Mid-Cap ETF | 1.24% | 1.46% | 1.68% | 1.18% | 1.28% | 1.63% | 1.72% | 1.19% | 1.60% | 1.56% | 1.34% | 1.29% |
Drawdowns
PTMC vs. IJH - Drawdown Comparison
The maximum PTMC drawdown since its inception was -20.53%, smaller than the maximum IJH drawdown of -55.07%. Use the drawdown chart below to compare losses from any high point for PTMC and IJH. For additional features, visit the drawdowns tool.
Volatility
PTMC vs. IJH - Volatility Comparison
Pacer Trendpilot US Mid Cap ETF (PTMC) and iShares Core S&P Mid-Cap ETF (IJH) have volatilities of 5.37% and 5.33%, 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.