TRND vs. DBE
TRND (Pacer Trendpilot Fund of Funds ETF) and DBE (Invesco DB Energy Fund) are both exchange-traded funds - TRND is a Large Cap Blend Equities fund tracking the Pacer Trendpilot Fund of Funds Index, while DBE is a Oil & Gas fund tracking the DBIQ Optimum Yield Energy Index. Both are passively managed. Over the past 5 years, TRND returned 5.55%/yr vs 17.73%/yr for DBE. Their 0.14 correlation means their historical movements had little consistent relationship. TRND charges 0.77%/yr vs 0.78%/yr for DBE.
Performance
TRND vs. DBE - Performance Comparison
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Returns By Period
In the year-to-date period, TRND achieves a 8.24% return, which is significantly lower than DBE's 78.87% return.
TRND
- 1D
- 0.25%
- 1M
- -0.96%
- 6M
- 5.77%
- YTD
- 8.24%
- 1Y
- 17.45%
- 3Y*
- 9.60%
- 5Y*
- 5.55%
- 10Y*
- —
- ALL TIME*
- 6.96%
DBE
- 1D
- 1.13%
- 1M
- 21.13%
- 6M
- 53.89%
- YTD
- 78.87%
- 1Y
- 68.62%
- 3Y*
- 17.16%
- 5Y*
- 17.73%
- 10Y*
- 13.17%
- ALL TIME*
- 2.52%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $1.24M | $1.18M | $1.76M | |
| $78.10K | $66.01K | $152.95K |
TRND vs. DBE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
TRND Pacer Trendpilot Fund of Funds ETF | 8.24% | 6.03% | 11.97% | 16.48% | -15.37% | 12.95% | 4.73% | 8.58% |
DBE Invesco DB Energy Fund | 78.87% | -2.17% | 2.96% | -12.14% | 33.77% | 57.56% | -25.91% | -1.30% |
Correlation
The correlation between TRND and DBE is -0.30, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | -0.30 |
Correlation (3Y) Balances recent behavior with more history. | -0.11 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.03 |
Correlation (All Time) Calculated using the full available price history since May 6, 2019 | 0.14 |
The correlation between TRND and DBE shifts across timeframes, from -0.30 (1 year) to 0.14 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
TRND vs. DBE — Risk / Return Rank
TRND
DBE
TRND vs. DBE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Pacer Trendpilot Fund of Funds ETF (TRND) and Invesco DB Energy Fund (DBE). 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.
| TRND | DBE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.40 | ||
| Sortino ratioReturn per unit of downside risk | -0.41 | ||
| Omega ratioGain probability vs. loss probability | 1.24 | 1.29 | -0.05 |
| Calmar ratioReturn relative to maximum drawdown | 2.05 | 2.59 | -0.54 |
| Martin ratioReturn relative to average drawdown | 8.01 | 8.14 | -0.13 |
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Drawdowns
TRND vs. DBE - Drawdown Comparison
The maximum TRND drawdown since its inception was -17.88%, smaller than the maximum DBE drawdown of -86.69%. Use the drawdown chart below to compare losses from any high point for TRND and DBE.
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Drawdown Indicators
| TRND | DBE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -17.88% | -86.69% | +68.81% |
Max Drawdown (1Y)Largest decline over 1 year | -8.00% | -24.72% | +16.72% |
Max Drawdown (3Y)Largest decline over 3 years | -9.56% | -24.72% | +15.16% |
Max Drawdown (5Y)Largest decline over 5 years | -16.21% | -38.74% | +22.53% |
Max Drawdown (10Y)Largest decline over 10 years | — | -60.84% | — |
Current DrawdownCurrent decline from peak | -2.22% | -32.09% | +29.87% |
Average DrawdownAverage peak-to-trough decline | -5.14% | -57.13% | +51.99% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.05% | 8.15% | -6.10% |
Volatility
TRND vs. DBE - Volatility Comparison
The current volatility for Pacer Trendpilot Fund of Funds ETF (TRND) is 3.55%, while Invesco DB Energy Fund (DBE) has a volatility of 14.12%. This indicates that TRND experiences smaller price fluctuations and is considered to be less risky than DBE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TRND | DBE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.55% | 14.12% | -10.57% |
Volatility (6M)Calculated over the trailing 6-month period | 10.28% | 33.95% | -23.67% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.49% | 37.47% | -24.98% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 10.00% | 30.09% | -20.09% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 11.29% | 28.58% | -17.29% |
TRND vs. DBE - Expense Ratio Comparison
TRND has a 0.77% expense ratio, which is lower than DBE's 0.78% expense ratio.
Dividends
TRND vs. DBE - Dividend Comparison
TRND's dividend yield for the trailing twelve months is around 2.14%, which matches DBE's 2.16% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
DBE Invesco DB Energy Fund | 2.16% | 3.86% | 6.32% | 3.87% | 0.75% | 0.00% | 0.00% | 1.79% | 1.67% |
TRND Pacer Trendpilot Fund of Funds ETF | 2.14% | 2.32% | 2.31% | 2.51% | 1.76% | 0.93% | 0.60% | 0.93% | 0.00% |
Frequently Asked Questions
TRND and DBE have a correlation of -0.30, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
DBE has higher volatility (14.12%) compared to TRND (3.55%). In terms of maximum drawdown, TRND dropped -17.88% vs DBE's -86.69%.
On 5-year performance, DBE leads with 17.73% vs 5.55% for TRND. On fees, TRND is cheaper at 0.77% per year. On volatility, TRND has been the lower-risk option at 3.55%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, DBE has performed better with a 17.73% return vs 5.55%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
TRND is cheaper with a 0.77% expense ratio, compared with 0.78% for DBE.
DBE has the higher dividend yield at 2.16%, compared with 2.14% for TRND.
TRND is categorized as Large Cap Blend Equities, while DBE is Oil & Gas. TRND tracks Pacer Trendpilot Fund of Funds Index, while DBE tracks DBIQ Optimum Yield Energy Index. They also come from different issuers: Pacer and Invesco. Their fees differ too: 0.77% for TRND and 0.78% for DBE.
DBE currently has the higher Sharpe Ratio (1.71 vs 1.32), 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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