PTNQ vs. OMFL
Compare and contrast key facts about Pacer Trendpilot 100 ETF (PTNQ) and Invesco Russell 1000 Dynamic Multifactor ETF (OMFL).
PTNQ and OMFL are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. PTNQ is a passively managed fund by Pacer Advisors that tracks the performance of the Pacer NASDAQ-100 Trendpilot Index. It was launched on Jun 11, 2015. OMFL is a passively managed fund by Invesco that tracks the performance of the Russell 1000 OFI Dynamic Multifactor Index. It was launched on Nov 8, 2017. Both PTNQ and OMFL 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: PTNQ or OMFL.
Performance
PTNQ vs. OMFL - Performance Comparison
Returns By Period
In the year-to-date period, PTNQ achieves a 14.68% return, which is significantly higher than OMFL's 7.75% return.
PTNQ
14.68%
2.03%
6.91%
17.91%
14.93%
N/A
OMFL
7.75%
2.93%
2.81%
16.42%
12.84%
N/A
Key characteristics
| PTNQ | OMFL | |
|---|---|---|
| Sharpe Ratio | 1.89 | 1.16 |
| Sortino Ratio | 2.63 | 1.62 |
| Omega Ratio | 1.35 | 1.21 |
| Calmar Ratio | 2.37 | 1.23 |
| Martin Ratio | 8.91 | 3.63 |
| Ulcer Index | 2.01% | 4.52% |
| Daily Std Dev | 9.46% | 14.14% |
| Max Drawdown | -28.06% | -33.24% |
| Current Drawdown | -0.89% | -1.35% |
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PTNQ vs. OMFL - Expense Ratio Comparison
PTNQ has a 0.65% expense ratio, which is higher than OMFL's 0.29% expense ratio.
Correlation
The correlation between PTNQ and OMFL is 0.61, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Risk-Adjusted Performance
PTNQ vs. OMFL - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Pacer Trendpilot 100 ETF (PTNQ) and Invesco Russell 1000 Dynamic Multifactor ETF (OMFL). 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
PTNQ vs. OMFL - Dividend Comparison
PTNQ's dividend yield for the trailing twelve months is around 1.28%, which matches OMFL's 1.29% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
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% |
OMFL Invesco Russell 1000 Dynamic Multifactor ETF | 1.29% | 1.37% | 1.55% | 0.95% | 1.48% | 1.53% | 1.39% | 0.32% | 0.00% | 0.00% |
Drawdowns
PTNQ vs. OMFL - Drawdown Comparison
The maximum PTNQ drawdown since its inception was -28.06%, smaller than the maximum OMFL drawdown of -33.24%. Use the drawdown chart below to compare losses from any high point for PTNQ and OMFL. For additional features, visit the drawdowns tool.
Volatility
PTNQ vs. OMFL - Volatility Comparison
The current volatility for Pacer Trendpilot 100 ETF (PTNQ) is 2.94%, while Invesco Russell 1000 Dynamic Multifactor ETF (OMFL) has a volatility of 4.19%. This indicates that PTNQ experiences smaller price fluctuations and is considered to be less risky than OMFL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.