Correlation
The correlation between PWS and HGER is 0.17, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
PWS vs. HGER
Compare and contrast key facts about Pacer WealthShield ETF (PWS) and Harbor Commodity All-Weather Strategy ETF (HGER).
PWS and HGER are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. PWS is a passively managed fund by Pacer Advisors that tracks the performance of the Pacer WealthShield Index. It was launched on Dec 11, 2017. HGER is a passively managed fund by Harbor that tracks the performance of the Quantix Commodity Index - Benchmark TR Net. It was launched on Feb 9, 2022. Both PWS and HGER 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: PWS or HGER.
Performance
PWS vs. HGER - Performance Comparison
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Key characteristics
PWS:
0.54
HGER:
0.52
PWS:
0.63
HGER:
0.61
PWS:
1.08
HGER:
1.07
PWS:
0.30
HGER:
0.48
PWS:
0.98
HGER:
1.67
PWS:
4.72%
HGER:
2.98%
PWS:
11.53%
HGER:
13.75%
PWS:
-24.93%
HGER:
-23.31%
PWS:
-10.36%
HGER:
-2.78%
Returns By Period
In the year-to-date period, PWS achieves a -2.06% return, which is significantly lower than HGER's 6.62% return.
PWS
-2.06%
-2.81%
-5.56%
5.70%
0.51%
6.22%
N/A
HGER
6.62%
1.16%
8.16%
7.97%
3.35%
N/A
N/A
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PWS vs. HGER - Expense Ratio Comparison
PWS has a 0.60% expense ratio, which is lower than HGER's 0.68% expense ratio.
Risk-Adjusted Performance
PWS vs. HGER — Risk-Adjusted Performance Rank
PWS
HGER
PWS vs. HGER - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Pacer WealthShield ETF (PWS) and Harbor Commodity All-Weather Strategy ETF (HGER). 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.
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Dividends
PWS vs. HGER - Dividend Comparison
PWS's dividend yield for the trailing twelve months is around 1.46%, less than HGER's 3.08% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|
PWS Pacer WealthShield ETF | 1.46% | 1.34% | 2.21% | 1.46% | 0.94% | 0.53% | 1.77% | 1.16% |
HGER Harbor Commodity All-Weather Strategy ETF | 3.08% | 3.28% | 7.24% | 0.64% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
PWS vs. HGER - Drawdown Comparison
The maximum PWS drawdown since its inception was -24.93%, which is greater than HGER's maximum drawdown of -23.31%. Use the drawdown chart below to compare losses from any high point for PWS and HGER.
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Volatility
PWS vs. HGER - Volatility Comparison
The current volatility for Pacer WealthShield ETF (PWS) is 3.53%, while Harbor Commodity All-Weather Strategy ETF (HGER) has a volatility of 3.81%. This indicates that PWS experiences smaller price fluctuations and is considered to be less risky than HGER based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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