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PTNQ vs. JHQAX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Performance

PTNQ vs. JHQAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Pacer Trendpilot 100 ETF (PTNQ) and JPMorgan Hedged Equity Fund (JHQAX). The values are adjusted to include any dividend payments, if applicable.

0.00%5.00%10.00%JuneJulyAugustSeptemberOctoberNovember
6.91%
11.10%
PTNQ
JHQAX

Returns By Period

In the year-to-date period, PTNQ achieves a 14.68% return, which is significantly lower than JHQAX's 19.15% return.


PTNQ

YTD

14.68%

1M

2.03%

6M

6.91%

1Y

17.91%

5Y (annualized)

14.93%

10Y (annualized)

N/A

JHQAX

YTD

19.15%

1M

1.74%

6M

11.10%

1Y

20.50%

5Y (annualized)

10.59%

10Y (annualized)

8.37%

Key characteristics


PTNQJHQAX
Sharpe Ratio1.892.65
Sortino Ratio2.633.72
Omega Ratio1.351.56
Calmar Ratio2.374.22
Martin Ratio8.9118.71
Ulcer Index2.01%1.10%
Daily Std Dev9.46%7.73%
Max Drawdown-28.06%-18.82%
Current Drawdown-0.89%-0.45%

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PTNQ vs. JHQAX - Expense Ratio Comparison

PTNQ has a 0.65% expense ratio, which is lower than JHQAX's 0.83% expense ratio.


JHQAX
JPMorgan Hedged Equity Fund
Expense ratio chart for JHQAX: current value at 0.83% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.83%
Expense ratio chart for PTNQ: current value at 0.65% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.65%

Correlation

-0.50.00.51.00.8

The correlation between PTNQ and JHQAX is 0.78, 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.

Risk-Adjusted Performance

PTNQ vs. JHQAX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Pacer Trendpilot 100 ETF (PTNQ) and JPMorgan Hedged Equity Fund (JHQAX). 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.


Sharpe ratio
The chart of Sharpe ratio for PTNQ, currently valued at 1.89, compared to the broader market0.002.004.001.892.65
The chart of Sortino ratio for PTNQ, currently valued at 2.63, compared to the broader market-2.000.002.004.006.008.0010.0012.002.633.72
The chart of Omega ratio for PTNQ, currently valued at 1.35, compared to the broader market0.501.001.502.002.503.001.351.56
The chart of Calmar ratio for PTNQ, currently valued at 2.37, compared to the broader market0.005.0010.0015.0020.002.374.22
The chart of Martin ratio for PTNQ, currently valued at 8.91, compared to the broader market0.0020.0040.0060.0080.00100.008.9118.71
PTNQ
JHQAX

The current PTNQ Sharpe Ratio is 1.89, which is comparable to the JHQAX Sharpe Ratio of 2.65. The chart below compares the historical Sharpe Ratios of PTNQ and JHQAX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Rolling 12-month Sharpe Ratio1.001.502.002.503.003.50JuneJulyAugustSeptemberOctoberNovember
1.89
2.65
PTNQ
JHQAX

Dividends

PTNQ vs. JHQAX - Dividend Comparison

PTNQ's dividend yield for the trailing twelve months is around 1.28%, more than JHQAX's 0.56% yield.


TTM2023202220212020201920182017201620152014
PTNQ
Pacer Trendpilot 100 ETF
1.28%1.47%0.62%0.00%0.16%0.44%0.45%0.32%0.30%0.22%0.00%
JHQAX
JPMorgan Hedged Equity Fund
0.56%0.74%0.74%0.50%0.89%0.89%0.91%0.75%1.11%0.97%1.07%

Drawdowns

PTNQ vs. JHQAX - Drawdown Comparison

The maximum PTNQ drawdown since its inception was -28.06%, which is greater than JHQAX's maximum drawdown of -18.82%. Use the drawdown chart below to compare losses from any high point for PTNQ and JHQAX. For additional features, visit the drawdowns tool.


-8.00%-6.00%-4.00%-2.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-0.89%
-0.45%
PTNQ
JHQAX

Volatility

PTNQ vs. JHQAX - Volatility Comparison

Pacer Trendpilot 100 ETF (PTNQ) has a higher volatility of 2.94% compared to JPMorgan Hedged Equity Fund (JHQAX) at 2.47%. This indicates that PTNQ's price experiences larger fluctuations and is considered to be riskier than JHQAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


1.00%2.00%3.00%4.00%5.00%JuneJulyAugustSeptemberOctoberNovember
2.94%
2.47%
PTNQ
JHQAX