QVMM vs. PAMC
Compare and contrast key facts about Invesco S&P MidCap 400 QVM Multi-factor ETF (QVMM) and Pacer Lunt MidCap Multi-Factor Alternator ETF (PAMC).
QVMM and PAMC are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. QVMM is a passively managed fund by Invesco that tracks the performance of the S&P MidCap 400 Quality, Value & Momentum Top 90% Multi-Factor Index - Benchmark TR Gross. It was launched on Jun 30, 2021. PAMC is a passively managed fund by Pacer Advisors that tracks the performance of the Lunt Capital U.S. MidCap Multi-Factor Rotation Index. It was launched on Jun 24, 2020. Both QVMM and PAMC 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: QVMM or PAMC.
Correlation
The correlation between QVMM and PAMC is 0.80, 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.
Performance
QVMM vs. PAMC - Performance Comparison
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Key characteristics
QVMM:
12.83%
PAMC:
5.75%
QVMM:
-0.64%
PAMC:
-0.35%
QVMM:
-0.10%
PAMC:
0.00%
Returns By Period
QVMM
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PAMC
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QVMM vs. PAMC - Expense Ratio Comparison
QVMM has a 0.15% expense ratio, which is lower than PAMC's 0.60% expense ratio.
Risk-Adjusted Performance
QVMM vs. PAMC — Risk-Adjusted Performance Rank
QVMM
PAMC
QVMM vs. PAMC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco S&P MidCap 400 QVM Multi-factor ETF (QVMM) and Pacer Lunt MidCap Multi-Factor Alternator ETF (PAMC). 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
QVMM vs. PAMC - Dividend Comparison
Neither QVMM nor PAMC has paid dividends to shareholders.
Drawdowns
QVMM vs. PAMC - Drawdown Comparison
The maximum QVMM drawdown since its inception was -0.64%, which is greater than PAMC's maximum drawdown of -0.35%. Use the drawdown chart below to compare losses from any high point for QVMM and PAMC. For additional features, visit the drawdowns tool.
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Volatility
QVMM vs. PAMC - Volatility Comparison
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