SRVR vs. VRNS

Last updated Jun 23, 2026

SRVR (Pacer Benchmark Data & Infrastructure Real Estate SCTR ETF) is REIT fund tracking the Benchmark Data & Infrastructure Real Estate SCTR Index, while VRNS (Varonis Systems, Inc.) is a stock. Over the past 5 years, SRVR returned -1.16%/yr vs -10.92%/yr for VRNS. At a 0.38 correlation, their price movements are largely independent.

Performance

SRVR vs. VRNS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Pacer Benchmark Data & Infrastructure Real Estate SCTR ETF (SRVR) and Varonis Systems, Inc. (VRNS). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SRVR achieves a 19.17% return, which is significantly higher than VRNS's -0.27% return.

SRVR

• 1D: 0.81%
• 1M: -1.36%
• YTD: 19.17%
• 6M: 19.61%
• 1Y: 8.89%
• 3Y*: 9.30%
• 5Y*: -1.16%
• 10Y*: —

VRNS

• 1D: -2.01%
• 1M: 5.52%
• YTD: -0.27%
• 6M: -5.02%
• 1Y: -33.22%
• 3Y*: 9.37%
• 5Y*: -10.92%
• 10Y*: 15.19%

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

SRVR vs. VRNS - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
SRVR Pacer Benchmark Data & Infrastructure Real Estate SCTR ETF	19.17%	-1.99%	2.70%	6.84%	-31.90%	22.31%	11.99%	41.98%	-3.66%
VRNS Varonis Systems, Inc.	-0.27%	-26.18%	-1.88%	89.14%	-50.92%	-10.56%	110.54%	46.90%	-27.24%

Correlation

The correlation between SRVR and VRNS is 0.09, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.09
Correlation (3Y) Calculated over the trailing 3-year period	0.20
Correlation (5Y) Calculated over the trailing 5-year period	0.35
Correlation (All Time) Calculated using the full available price history since May 16, 2018	0.38

Over the past year, the correlation between SRVR and VRNS has dropped to 0.09 - well below their long-term average of 0.38, suggesting their price drivers have been diverging.

Return for Risk

SRVR vs. VRNS — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

SRVR

SRVR Risk / Return Rank: 15
SRVR Sharpe Ratio Rank: 16
SRVR Sortino Ratio Rank: 16
SRVR Omega Ratio Rank: 15
SRVR Calmar Ratio Rank: 15
SRVR Martin Ratio Rank: 14

VRNS

VRNS Risk / Return Rank: 25
VRNS Sharpe Ratio Rank: 20
VRNS Sortino Ratio Rank: 27
VRNS Omega Ratio Rank: 25
VRNS Calmar Ratio Rank: 25
VRNS Martin Ratio Rank: 27

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

SRVR vs. VRNS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Pacer Benchmark Data & Infrastructure Real Estate SCTR ETF (SRVR) and Varonis Systems, Inc. (VRNS). 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.

	SRVR	VRNS	Difference
Sharpe ratio: Return per unit of total volatility	0.52	-0.49	+1.01
Sortino ratio: Return per unit of downside risk	0.84	-0.19	+1.03
Omega ratio: Gain probability vs. loss probability	1.10	0.96	+0.14
Calmar ratio: Return relative to maximum drawdown	0.60	-0.49	+1.09
Martin ratio: Return relative to average drawdown	1.29	-0.76	+2.05

SRVR vs. VRNS - Sharpe Ratio Comparison

The current SRVR Sharpe Ratio is 0.52, which is higher than the VRNS Sharpe Ratio of -0.49. The chart below compares the historical Sharpe Ratios of SRVR and VRNS, 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

SRVR vs. VRNS - Drawdown Comparison

The maximum SRVR drawdown since its inception was -40.99%, smaller than the maximum VRNS drawdown of -78.19%. Use the drawdown chart below to compare losses from any high point for SRVR and VRNS.

Drawdown Indicators

	SRVR	VRNS	Difference
Max Drawdown Largest peak-to-trough decline	-40.99%	-78.19%	+37.20%
Max Drawdown (1Y) Largest decline over 1 year	-14.78%	-68.11%	+53.33%
Max Drawdown (3Y) Largest decline over 3 years	-18.34%	-68.11%	+49.77%
Max Drawdown (5Y) Largest decline over 5 years	-40.99%	-78.19%	+37.20%
Max Drawdown (10Y) Largest decline over 10 years	—	-78.19%	—
Current Drawdown Current decline from peak	-12.74%	-55.44%	+42.70%
Average Drawdown Average peak-to-trough decline	-15.25%	-37.37%	+22.12%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.93%	43.53%	-36.60%

Volatility

SRVR vs. VRNS - Volatility Comparison

The current volatility for Pacer Benchmark Data & Infrastructure Real Estate SCTR ETF (SRVR) is 5.68%, while Varonis Systems, Inc. (VRNS) has a volatility of 14.07%. This indicates that SRVR experiences smaller price fluctuations and is considered to be less risky than VRNS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SRVR	VRNS	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.68%	14.07%	-8.39%
Volatility (6M) Calculated over the trailing 6-month period	13.57%	41.01%	-27.44%
Volatility (1Y) Calculated over the trailing 1-year period	17.29%	68.02%	-50.73%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.78%	52.65%	-32.87%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.44%	47.42%	-25.98%

Dividends

SRVR vs. VRNS - Dividend Comparison

SRVR's dividend yield for the trailing twelve months is around 2.56%, while VRNS has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
SRVR Pacer Benchmark Data & Infrastructure Real Estate SCTR ETF	2.56%	2.67%	2.00%	3.69%	1.70%	1.19%	1.59%	1.61%	2.13%
VRNS Varonis Systems, Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both SRVR and VRNS in my portfolio?

SRVR and VRNS have a correlation of 0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SRVR or VRNS?

VRNS has higher volatility (14.07%) compared to SRVR (5.68%). In terms of maximum drawdown, SRVR dropped -40.99% vs VRNS's -78.19%.

Which has better risk-adjusted returns?

SRVR currently has the higher Sharpe Ratio (0.52 vs -0.49), 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.