PTMC vs. PTEU
PTMC (Pacer Trendpilot US Mid Cap ETF) and PTEU (Pacer Trendpilot European Index ETF) are both exchange-traded funds - PTMC is a Mid Cap Blend Equities fund tracking the Pacer Trendpilot US Mid Cap Index, while PTEU is a Europe Equities fund tracking the Pacer Trendpilot European Index. Both are passively managed. Over the past 10 years, PTMC returned 6.66%/yr vs 5.58%/yr for PTEU. A 0.52 correlation means they provide meaningful diversification when combined. PTMC charges 0.60%/yr vs 0.65%/yr for PTEU.
Performance
PTMC vs. PTEU - Performance Comparison
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Returns By Period
In the year-to-date period, PTMC achieves a 15.78% return, which is significantly higher than PTEU's 8.79% return. Over the past 10 years, PTMC has outperformed PTEU with an annualized return of 6.66%, while PTEU has yielded a comparatively lower 5.58% annualized return.
PTMC
- 1D
- 0.36%
- 1M
- 3.72%
- YTD
- 15.78%
- 6M
- 13.34%
- 1Y
- 20.66%
- 3Y*
- 11.12%
- 5Y*
- 4.32%
- 10Y*
- 6.66%
PTEU
- 1D
- -0.09%
- 1M
- 3.08%
- YTD
- 8.79%
- 6M
- 8.97%
- 1Y
- 23.05%
- 3Y*
- 11.61%
- 5Y*
- 8.19%
- 10Y*
- 5.58%
PTMC vs. PTEU - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PTMC Pacer Trendpilot US Mid Cap ETF | 15.78% | -1.55% | 13.22% | 7.29% | -13.99% | 12.42% | 6.58% | 1.04% | 0.02% | 17.79% |
PTEU Pacer Trendpilot European Index ETF | 8.79% | 30.80% | -0.50% | 12.45% | -7.46% | 13.43% | -19.41% | 13.50% | -16.87% | 28.91% |
Correlation
The correlation between PTMC and PTEU is 0.63, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.63 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.58 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.58 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.53 |
Correlation (All Time) Calculated using the full available price history since Jan 4, 2016 | 0.52 |
The correlation between PTMC and PTEU shifts across timeframes, from 0.52 (all time) to 0.63 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
PTMC vs. PTEU — Risk / Return Rank
PTMC
PTEU
PTMC vs. PTEU - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Pacer Trendpilot US Mid Cap ETF (PTMC) and Pacer Trendpilot European Index ETF (PTEU). 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.
| PTMC | PTEU | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.03 | ||
| Sortino ratioReturn per unit of downside risk | +0.03 | ||
| Omega ratioGain probability vs. loss probability | 1.24 | 1.25 | -0.01 |
| Calmar ratioReturn relative to maximum drawdown | 2.33 | 1.81 | +0.53 |
| Martin ratioReturn relative to average drawdown | 8.51 | 6.25 | +2.26 |
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Drawdowns
PTMC vs. PTEU - Drawdown Comparison
The maximum PTMC drawdown since its inception was -20.53%, smaller than the maximum PTEU drawdown of -35.45%. Use the drawdown chart below to compare losses from any high point for PTMC and PTEU.
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Drawdown Indicators
| PTMC | PTEU | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -20.53% | -35.45% | +14.92% |
Max Drawdown (1Y)Largest decline over 1 year | -8.89% | -12.82% | +3.93% |
Max Drawdown (3Y)Largest decline over 3 years | -15.31% | -15.04% | -0.27% |
Max Drawdown (5Y)Largest decline over 5 years | -16.93% | -15.04% | -1.89% |
Max Drawdown (10Y)Largest decline over 10 years | -20.53% | -35.45% | +14.92% |
Current DrawdownCurrent decline from peak | -0.07% | -0.29% | +0.22% |
Average DrawdownAverage peak-to-trough decline | -6.45% | -14.44% | +7.99% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.43% | 3.70% | -1.27% |
Volatility
PTMC vs. PTEU - Volatility Comparison
The current volatility for Pacer Trendpilot US Mid Cap ETF (PTMC) is 4.38%, while Pacer Trendpilot European Index ETF (PTEU) has a volatility of 4.87%. This indicates that PTMC experiences smaller price fluctuations and is considered to be less risky than PTEU based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PTMC | PTEU | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.38% | 4.87% | -0.49% |
Volatility (6M)Calculated over the trailing 6-month period | 11.74% | 14.41% | -2.67% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.69% | 17.10% | -1.41% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.24% | 15.28% | -2.04% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 13.02% | 14.53% | -1.51% |
PTMC vs. PTEU - Expense Ratio Comparison
PTMC has a 0.60% expense ratio, which is lower than PTEU's 0.65% expense ratio.
Dividends
PTMC vs. PTEU - Dividend Comparison
PTMC's dividend yield for the trailing twelve months is around 1.59%, less than PTEU's 1.76% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
PTEU Pacer Trendpilot European Index ETF | 1.76% | 1.92% | 3.49% | 2.74% | 0.69% | 1.55% | 0.00% | 3.43% | 1.86% | 0.60% | 0.00% |
PTMC Pacer Trendpilot US Mid Cap ETF | 1.59% | 1.84% | 0.87% | 1.92% | 0.82% | 0.12% | 0.53% | 1.40% | 0.89% | 0.67% | 0.66% |
Frequently Asked Questions
PTMC and PTEU have a correlation of 0.63, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
PTEU has higher volatility (4.87%) compared to PTMC (4.38%). In terms of maximum drawdown, PTMC dropped -20.53% vs PTEU's -35.45%.
On 10-year performance, PTMC leads with 6.66% vs 5.58% for PTEU. On fees, PTMC is cheaper at 0.60% per year. On volatility, PTMC has been the lower-risk option at 4.38%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 10-year period, PTMC has performed better with a 6.66% return vs 5.58%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
PTMC is cheaper with a 0.60% expense ratio, compared with 0.65% for PTEU.
PTEU has the higher dividend yield at 1.76%, compared with 1.59% for PTMC.
PTMC is categorized as Mid Cap Blend Equities, while PTEU is Europe Equities. PTMC tracks Pacer Trendpilot US Mid Cap Index, while PTEU tracks Pacer Trendpilot European Index. Their fees differ too: 0.60% for PTMC and 0.65% for PTEU.
PTEU currently has the higher Sharpe Ratio (1.36 vs 1.33), 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.
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