SMIZ vs. PTMC

Last updated Aug 4, 2026

SMIZ (Zacks Small/Mid Cap ETF) and PTMC (Pacer Trendpilot US Mid Cap ETF) are both Mid Cap Blend Equities funds. SMIZ is actively managed, while PTMC is passively managed. Over the past year, SMIZ returned 26.29% vs 23.67% for PTMC. Their correlation of 0.82 means they have usually moved in the same direction. SMIZ charges 0.56%/yr vs 0.60%/yr for PTMC.

Performance

SMIZ vs. PTMC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Zacks Small/Mid Cap ETF (SMIZ) and Pacer Trendpilot US Mid Cap ETF (PTMC). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both investments are quite close, with SMIZ having a 15.41% return and PTMC slightly higher at 15.61%.

SMIZ

• 1D: 1.63%
• 1M: -1.19%
• 6M: 9.57%
• YTD: 15.41%
• 1Y: 26.29%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 22.40%

PTMC

• 1D: 1.07%
• 1M: 0.00%
• 6M: 10.17%
• YTD: 15.61%
• 1Y: 23.67%
• 3Y*: 8.67%
• 5Y*: 4.26%
• 10Y*: 5.94%
• ALL TIME*: 6.55%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
PTMC Pacer Trendpilot US Mid Cap ETF	$785.04K	$795.24K	$859.06K
SMIZ Zacks Small/Mid Cap ETF	$1.48M	$1.15M	$1.21M

SMIZ vs. PTMC - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
SMIZ Zacks Small/Mid Cap ETF	15.41%	12.16%	17.92%	16.16%
PTMC Pacer Trendpilot US Mid Cap ETF	15.61%	-1.55%	13.22%	6.91%

Correlation

The correlation between SMIZ and PTMC is 0.90, meaning they have usually moved in the same direction, including during past declines.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.90
Correlation (All Time) Calculated using the full available price history since Oct 3, 2023	0.82

The correlation between SMIZ and PTMC has been stable across timeframes, ranging from 0.82 to 0.90 - a consistent structural relationship.

Return for Risk

SMIZ vs. PTMC — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

SMIZ

SMIZ Risk / Return Rank: 60
SMIZ Sharpe Ratio Rank: 56
SMIZ Sortino Ratio Rank: 58
SMIZ Omega Ratio Rank: 53
SMIZ Calmar Ratio Rank: 66
SMIZ Martin Ratio Rank: 67

PTMC

PTMC Risk / Return Rank: 65
PTMC Sharpe Ratio Rank: 60
PTMC Sortino Ratio Rank: 63
PTMC Omega Ratio Rank: 58
PTMC Calmar Ratio Rank: 71
PTMC Martin Ratio Rank: 73

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

SMIZ vs. PTMC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Zacks Small/Mid Cap ETF (SMIZ) and Pacer Trendpilot US Mid Cap ETF (PTMC). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	SMIZ	PTMC	Difference
Sharpe ratio: Return per unit of total volatility	1.47	1.52	-0.04
Sortino ratio: Return per unit of downside risk	2.15	2.24	-0.09
Omega ratio: Gain probability vs. loss probability	1.26	1.27	-0.01
Calmar ratio: Return relative to maximum drawdown	2.51	2.67	-0.16
Martin ratio: Return relative to average drawdown	8.93	9.68	-0.75

SMIZ vs. PTMC - Sharpe Ratio Comparison

The current SMIZ Sharpe Ratio is 1.47, which is comparable to the PTMC Sharpe Ratio of 1.52. The chart below compares the historical Sharpe Ratios of SMIZ and PTMC, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

SMIZ vs. PTMC - Drawdown Comparison

The maximum SMIZ drawdown since its inception was -25.04%, which is greater than PTMC's maximum drawdown of -20.53%. Use the drawdown chart below to compare losses from any high point for SMIZ and PTMC.

Drawdown Indicators

	SMIZ	PTMC	Difference
Max Drawdown Largest peak-to-trough decline	-25.04%	-20.53%	-4.51%
Max Drawdown (1Y) Largest decline over 1 year	-10.51%	-8.89%	-1.62%
Max Drawdown (3Y) Largest decline over 3 years	—	-15.31%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-16.93%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-20.53%	—
Current Drawdown Current decline from peak	-4.33%	-1.41%	-2.92%
Average Drawdown Average peak-to-trough decline	-3.90%	-6.39%	+2.49%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.95%	2.45%	+0.50%

Volatility

SMIZ vs. PTMC - Volatility Comparison

Zacks Small/Mid Cap ETF (SMIZ) has a higher volatility of 5.09% compared to Pacer Trendpilot US Mid Cap ETF (PTMC) at 3.61%. This indicates that SMIZ's price experiences larger fluctuations and is considered to be riskier than PTMC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SMIZ	PTMC	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.09%	3.61%	+1.48%
Volatility (6M) Calculated over the trailing 6-month period	14.06%	11.64%	+2.42%
Volatility (1Y) Calculated over the trailing 1-year period	17.95%	15.70%	+2.25%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.94%	13.28%	+5.66%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.94%	12.92%	+6.02%

SMIZ vs. PTMC - Expense Ratio Comparison

SMIZ has a 0.56% expense ratio, which is lower than PTMC's 0.60% expense ratio.

Dividends

SMIZ vs. PTMC - Dividend Comparison

SMIZ's dividend yield for the trailing twelve months is around 0.54%, less than PTMC's 1.59% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
PTMC Pacer Trendpilot US Mid Cap ETF	1.59%	1.84%	0.87%	1.92%	0.82%	0.12%	0.53%	1.40%	0.89%	0.67%	0.66%
SMIZ Zacks Small/Mid Cap ETF	0.54%	0.62%	1.57%	0.07%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both SMIZ and PTMC in my portfolio?

SMIZ and PTMC have a correlation of 0.90, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SMIZ or PTMC?

SMIZ has higher volatility (5.09%) compared to PTMC (3.61%). In terms of maximum drawdown, SMIZ dropped -25.04% vs PTMC's -20.53%.

Which ETF is better, SMIZ or PTMC?

On 1-year performance, SMIZ leads with 26.29% vs 23.67% for PTMC. On fees, SMIZ is cheaper at 0.56% per year. On volatility, PTMC has been the lower-risk option at 3.61%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, SMIZ or PTMC?

Over the 1-year period, SMIZ has performed better with a 26.29% return vs 23.67%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, SMIZ or PTMC?

SMIZ is cheaper with a 0.56% expense ratio, compared with 0.60% for PTMC.

Which ETF pays a higher dividend yield, SMIZ or PTMC?

PTMC has the higher dividend yield at 1.59%, compared with 0.54% for SMIZ.

What is the main difference between SMIZ and PTMC?

They also come from different issuers: Zacks and Pacer. Their fees differ too: 0.56% for SMIZ and 0.60% for PTMC.

Which has better risk-adjusted returns?

PTMC currently has the higher Sharpe Ratio (1.52 vs 1.47), 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.