SPLV vs. TRFK
SPLV (Invesco S&P 500 Low Volatility ETF) and TRFK (Pacer Data and Digital Revolution ETF) are both exchange-traded funds - SPLV is a S&P 500 fund tracking the S&P 500 Low Volatility Index, while TRFK is a Technology Equities fund tracking the Pacer Data Transmission and Communication Revolution Index - Benchmark TR Net. Both are passively managed. Over the past 3 years, SPLV returned 8.50%/yr vs 50.88%/yr for TRFK. At a 0.17 correlation, their price movements are largely independent. SPLV charges 0.25%/yr vs 0.60%/yr for TRFK.
Performance
SPLV vs. TRFK - Performance Comparison
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Returns By Period
In the year-to-date period, SPLV achieves a 5.06% return, which is significantly lower than TRFK's 61.41% return.
SPLV
- 1D
- 1.32%
- 1M
- 0.35%
- YTD
- 5.06%
- 6M
- 4.84%
- 1Y
- 4.45%
- 3Y*
- 8.50%
- 5Y*
- 6.37%
- 10Y*
- 8.38%
TRFK
- 1D
- -6.99%
- 1M
- 9.38%
- YTD
- 61.41%
- 6M
- 59.46%
- 1Y
- 85.46%
- 3Y*
- 50.88%
- 5Y*
- —
- 10Y*
- —
SPLV vs. TRFK - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
SPLV Invesco S&P 500 Low Volatility ETF | 5.06% | 4.10% | 13.93% | 0.53% | 1.30% |
TRFK Pacer Data and Digital Revolution ETF | 61.41% | 26.81% | 38.30% | 66.63% | -10.61% |
Correlation
The correlation between SPLV and TRFK is -0.26, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.26 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.03 |
Correlation (All Time) Calculated using the full available price history since Jun 9, 2022 | 0.17 |
The correlation between SPLV and TRFK shifts across timeframes, from -0.26 (1 year) to 0.17 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
SPLV vs. TRFK — Risk / Return Rank
SPLV
TRFK
SPLV vs. TRFK - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco S&P 500 Low Volatility ETF (SPLV) and Pacer Data and Digital Revolution ETF (TRFK). 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.
| SPLV | TRFK | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.25 | ||
| Sortino ratioReturn per unit of downside risk | -2.46 | ||
| Omega ratioGain probability vs. loss probability | 1.08 | 1.42 | -0.34 |
| Calmar ratioReturn relative to maximum drawdown | 0.60 | 4.39 | -3.79 |
| Martin ratioReturn relative to average drawdown | 1.39 | 10.31 | -8.92 |
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Drawdowns
SPLV vs. TRFK - Drawdown Comparison
The maximum SPLV drawdown since its inception was -36.26%, which is greater than TRFK's maximum drawdown of -29.06%. Use the drawdown chart below to compare losses from any high point for SPLV and TRFK.
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Drawdown Indicators
| SPLV | TRFK | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -36.26% | -29.06% | -7.20% |
Max Drawdown (1Y)Largest decline over 1 year | -7.41% | -19.56% | +12.15% |
Max Drawdown (3Y)Largest decline over 3 years | -9.64% | -29.06% | +19.42% |
Max Drawdown (5Y)Largest decline over 5 years | -17.26% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -36.26% | — | — |
Current DrawdownCurrent decline from peak | -3.47% | -6.99% | +3.52% |
Average DrawdownAverage peak-to-trough decline | -3.55% | -6.04% | +2.49% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.20% | 8.32% | -5.12% |
Volatility
SPLV vs. TRFK - Volatility Comparison
The current volatility for Invesco S&P 500 Low Volatility ETF (SPLV) is 4.26%, while Pacer Data and Digital Revolution ETF (TRFK) has a volatility of 18.36%. This indicates that SPLV experiences smaller price fluctuations and is considered to be less risky than TRFK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SPLV | TRFK | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.26% | 18.36% | -14.10% |
Volatility (6M)Calculated over the trailing 6-month period | 7.38% | 26.50% | -19.12% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.28% | 32.01% | -21.73% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.50% | 29.84% | -17.34% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.39% | 29.84% | -14.45% |
SPLV vs. TRFK - Expense Ratio Comparison
SPLV has a 0.25% expense ratio, which is lower than TRFK's 0.60% expense ratio.
Dividends
SPLV vs. TRFK - Dividend Comparison
SPLV's dividend yield for the trailing twelve months is around 2.16%, more than TRFK's 0.01% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SPLV Invesco S&P 500 Low Volatility ETF | 2.16% | 2.04% | 1.88% | 2.45% | 2.11% | 1.51% | 2.12% | 2.08% | 2.18% | 2.03% | 2.03% | 2.28% |
TRFK Pacer Data and Digital Revolution ETF | 0.01% | 0.01% | 0.40% | 0.20% | 0.56% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
SPLV and TRFK have a correlation of -0.26, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
TRFK has higher volatility (18.36%) compared to SPLV (4.26%). In terms of maximum drawdown, SPLV dropped -36.26% vs TRFK's -29.06%.
On 3-year performance, TRFK leads with 50.88% vs 8.50% for SPLV. On fees, SPLV is cheaper at 0.25% per year. On volatility, SPLV has been the lower-risk option at 4.26%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 3-year period, TRFK has performed better with a 50.88% return vs 8.50%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
SPLV is cheaper with a 0.25% expense ratio, compared with 0.60% for TRFK.
SPLV has the higher dividend yield at 2.16%, compared with 0.01% for TRFK.
SPLV is categorized as S&P 500, while TRFK is Technology Equities. SPLV tracks S&P 500 Low Volatility Index, while TRFK tracks Pacer Data Transmission and Communication Revolution Index - Benchmark TR Net. They also come from different issuers: Invesco and Pacer. Their fees differ too: 0.25% for SPLV and 0.60% for TRFK.
TRFK currently has the higher Sharpe Ratio (2.69 vs 0.44), 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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