PTMC vs. IWM
Compare and contrast key facts about Pacer Trendpilot US Mid Cap ETF (PTMC) and iShares Russell 2000 ETF (IWM).
PTMC and IWM 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. IWM is a passively managed fund by iShares that tracks the performance of the Russell 2000 Index. It was launched on May 22, 2000. Both PTMC and IWM 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 IWM.
Key characteristics
| PTMC | IWM | |
|---|---|---|
| YTD Return | 17.46% | 16.57% |
| 1Y Return | 28.24% | 31.36% |
| 3Y Return (Ann) | 2.33% | 0.43% |
| 5Y Return (Ann) | 6.06% | 9.29% |
| Sharpe Ratio | 1.80 | 1.50 |
| Sortino Ratio | 2.56 | 2.19 |
| Omega Ratio | 1.32 | 1.26 |
| Calmar Ratio | 1.68 | 1.24 |
| Martin Ratio | 10.24 | 8.38 |
| Ulcer Index | 2.77% | 3.77% |
| Daily Std Dev | 15.78% | 21.01% |
| Max Drawdown | -20.53% | -59.05% |
| Current Drawdown | -2.56% | -4.04% |
Correlation
The correlation between PTMC and IWM is 0.74, 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. IWM - Performance Comparison
In the year-to-date period, PTMC achieves a 17.46% return, which is significantly higher than IWM's 16.57% return. 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. IWM - Expense Ratio Comparison
PTMC has a 0.60% expense ratio, which is higher than IWM's 0.19% expense ratio.
Risk-Adjusted Performance
PTMC vs. IWM - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Pacer Trendpilot US Mid Cap ETF (PTMC) and iShares Russell 2000 ETF (IWM). 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. IWM - Dividend Comparison
PTMC's dividend yield for the trailing twelve months is around 1.63%, more than IWM's 1.11% 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% |
IWM iShares Russell 2000 ETF | 1.11% | 1.35% | 1.48% | 0.94% | 1.04% | 1.26% | 1.40% | 1.26% | 1.38% | 1.54% | 1.26% | 1.23% |
Drawdowns
PTMC vs. IWM - Drawdown Comparison
The maximum PTMC drawdown since its inception was -20.53%, smaller than the maximum IWM drawdown of -59.05%. Use the drawdown chart below to compare losses from any high point for PTMC and IWM. For additional features, visit the drawdowns tool.
Volatility
PTMC vs. IWM - Volatility Comparison
The current volatility for Pacer Trendpilot US Mid Cap ETF (PTMC) is 5.37%, while iShares Russell 2000 ETF (IWM) has a volatility of 7.51%. This indicates that PTMC experiences smaller price fluctuations and is considered to be less risky than IWM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.