PTMC vs. MIDE
Compare and contrast key facts about Pacer Trendpilot US Mid Cap ETF (PTMC) and Xtrackers S&P MidCap 400 ESG ETF (MIDE).
PTMC and MIDE 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. MIDE is a passively managed fund by Deutsche Bank that tracks the performance of the S&P MidCap 400 ESG Index. It was launched on Feb 24, 2021. Both PTMC and MIDE 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 MIDE.
Key characteristics
| PTMC | MIDE | |
|---|---|---|
| YTD Return | 17.46% | 15.80% |
| 1Y Return | 28.24% | 27.54% |
| 3Y Return (Ann) | 2.33% | 4.86% |
| Sharpe Ratio | 1.80 | 1.78 |
| Sortino Ratio | 2.56 | 2.50 |
| Omega Ratio | 1.32 | 1.31 |
| Calmar Ratio | 1.68 | 2.67 |
| Martin Ratio | 10.24 | 9.52 |
| Ulcer Index | 2.77% | 2.98% |
| Daily Std Dev | 15.78% | 15.99% |
| Max Drawdown | -20.53% | -23.32% |
| Current Drawdown | -2.56% | -2.45% |
Correlation
The correlation between PTMC and MIDE 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. MIDE - Performance Comparison
In the year-to-date period, PTMC achieves a 17.46% return, which is significantly higher than MIDE's 15.80% 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. MIDE - Expense Ratio Comparison
PTMC has a 0.60% expense ratio, which is higher than MIDE's 0.15% expense ratio.
Risk-Adjusted Performance
PTMC vs. MIDE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Pacer Trendpilot US Mid Cap ETF (PTMC) and Xtrackers S&P MidCap 400 ESG ETF (MIDE). 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. MIDE - Dividend Comparison
PTMC's dividend yield for the trailing twelve months is around 1.63%, more than MIDE's 1.35% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
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% |
MIDE Xtrackers S&P MidCap 400 ESG ETF | 1.35% | 1.36% | 1.33% | 0.93% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
PTMC vs. MIDE - Drawdown Comparison
The maximum PTMC drawdown since its inception was -20.53%, smaller than the maximum MIDE drawdown of -23.32%. Use the drawdown chart below to compare losses from any high point for PTMC and MIDE. For additional features, visit the drawdowns tool.
Volatility
PTMC vs. MIDE - Volatility Comparison
Pacer Trendpilot US Mid Cap ETF (PTMC) and Xtrackers S&P MidCap 400 ESG ETF (MIDE) have volatilities of 5.37% and 5.35%, 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.