PTNQ vs. PTBD
PTNQ (Pacer Trendpilot 100 ETF) and PTBD (Pacer Trendpilot US Bond ETF) are both exchange-traded funds - PTNQ is a Large Cap Blend Equities fund tracking the Pacer NASDAQ-100 Trendpilot Index, while PTBD is a High Yield Bonds fund tracking the Pacer Trendpilot US Bond Index. Both are passively managed. Over the past 5 years, PTNQ returned 11.75%/yr vs -1.56%/yr for PTBD. At a 0.37 correlation, their price movements are largely independent. PTNQ charges 0.65%/yr vs 0.60%/yr for PTBD.
Performance
PTNQ vs. PTBD - Performance Comparison
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Returns By Period
In the year-to-date period, PTNQ achieves a 13.51% return, which is significantly higher than PTBD's 0.89% return.
PTNQ
- 1D
- -0.52%
- 1M
- 8.66%
- YTD
- 13.51%
- 6M
- 12.12%
- 1Y
- 31.85%
- 3Y*
- 15.29%
- 5Y*
- 11.75%
- 10Y*
- 16.14%
PTBD
- 1D
- 0.10%
- 1M
- 0.42%
- YTD
- 0.89%
- 6M
- 0.97%
- 1Y
- 3.46%
- 3Y*
- 5.04%
- 5Y*
- -1.56%
- 10Y*
- —
PTNQ vs. PTBD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
PTNQ Pacer Trendpilot 100 ETF | 13.51% | 7.18% | 15.47% | 34.65% | -16.00% | 13.16% | 29.38% | 10.78% |
PTBD Pacer Trendpilot US Bond ETF | 0.89% | 2.49% | 4.24% | 8.84% | -20.88% | 0.47% | 10.62% | 2.49% |
Correlation
The correlation between PTNQ and PTBD is 0.46, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.46 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.41 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.41 |
Correlation (All Time) Calculated using the full available price history since Oct 24, 2019 | 0.37 |
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Return for Risk
PTNQ vs. PTBD — Risk / Return Rank
PTNQ
PTBD
PTNQ vs. PTBD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Pacer Trendpilot 100 ETF (PTNQ) and Pacer Trendpilot US Bond ETF (PTBD). 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.
| PTNQ | PTBD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.12 | ||
| Sortino ratioReturn per unit of downside risk | +1.36 | ||
| Omega ratioGain probability vs. loss probability | 1.35 | 1.17 | +0.18 |
| Calmar ratioReturn relative to maximum drawdown | 2.72 | 1.11 | +1.61 |
| Martin ratioReturn relative to average drawdown | 9.24 | 4.22 | +5.02 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| PTNQ | PTBD | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.06 | 0.93 | +1.12 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.92 | -0.22 | +1.13 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.99 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.81 | 0.11 | +0.70 |
Drawdowns
PTNQ vs. PTBD - Drawdown Comparison
The maximum PTNQ drawdown since its inception was -28.07%, which is greater than PTBD's maximum drawdown of -26.00%. Use the drawdown chart below to compare losses from any high point for PTNQ and PTBD.
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Drawdown Indicators
| PTNQ | PTBD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -28.07% | -26.00% | -2.07% |
Max Drawdown (1Y)Largest decline over 1 year | -11.76% | -3.12% | -8.64% |
Max Drawdown (3Y)Largest decline over 3 years | -14.19% | -3.82% | -10.37% |
Max Drawdown (5Y)Largest decline over 5 years | -18.47% | -26.00% | +7.53% |
Max Drawdown (10Y)Largest decline over 10 years | -28.07% | — | — |
Current DrawdownCurrent decline from peak | -0.72% | -8.96% | +8.24% |
Average DrawdownAverage peak-to-trough decline | -5.69% | -10.16% | +4.47% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.46% | 0.82% | +2.64% |
Volatility
PTNQ vs. PTBD - Volatility Comparison
Pacer Trendpilot 100 ETF (PTNQ) has a higher volatility of 4.64% compared to Pacer Trendpilot US Bond ETF (PTBD) at 1.24%. This indicates that PTNQ's price experiences larger fluctuations and is considered to be riskier than PTBD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PTNQ | PTBD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.64% | 1.24% | +3.40% |
Volatility (6M)Calculated over the trailing 6-month period | 11.47% | 2.83% | +8.64% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.56% | 3.72% | +11.84% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.89% | 7.25% | +5.64% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.37% | 7.80% | +8.57% |
PTNQ vs. PTBD - Expense Ratio Comparison
PTNQ has a 0.65% expense ratio, which is higher than PTBD's 0.60% expense ratio.
Dividends
PTNQ vs. PTBD - Dividend Comparison
PTNQ's dividend yield for the trailing twelve months is around 0.78%, less than PTBD's 5.88% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PTBD Pacer Trendpilot US Bond ETF | 5.88% | 5.62% | 6.56% | 6.55% | 6.14% | 2.70% | 2.50% | 0.62% | 0.00% | 0.00% | 0.00% | 0.00% |
PTNQ Pacer Trendpilot 100 ETF | 0.78% | 0.88% | 1.96% | 1.47% | 0.62% | 0.00% | 0.16% | 0.44% | 0.45% | 0.32% | 0.30% | 0.22% |
Frequently Asked Questions
PTNQ and PTBD have a correlation of 0.46, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
PTNQ has higher volatility (4.64%) compared to PTBD (1.24%). In terms of maximum drawdown, PTNQ dropped -28.07% vs PTBD's -26.00%.
On 5-year performance, PTNQ leads with 11.75% vs -1.56% for PTBD. On fees, PTBD is cheaper at 0.60% per year. On volatility, PTBD has been the lower-risk option at 1.24%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, PTNQ has performed better with a 11.75% return vs -1.56%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
PTBD is cheaper with a 0.60% expense ratio, compared with 0.65% for PTNQ.
PTBD has the higher dividend yield at 5.88%, compared with 0.78% for PTNQ.
PTNQ is categorized as Large Cap Blend Equities, while PTBD is High Yield Bonds. PTNQ tracks Pacer NASDAQ-100 Trendpilot Index, while PTBD tracks Pacer Trendpilot US Bond Index. Their fees differ too: 0.65% for PTNQ and 0.60% for PTBD.
PTNQ currently has the higher Sharpe Ratio (2.06 vs 0.93), 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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