Correlation
The correlation between TRND and FLRT is 0.23, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
TRND vs. FLRT
Compare and contrast key facts about Pacer Trendpilot Fund of Funds ETF (TRND) and Pacific Global Senior Loan ETF (FLRT).
TRND and FLRT are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. TRND is a passively managed fund by Pacer Advisors that tracks the performance of the Pacer Trendpilot Fund of Funds Index. It was launched on May 3, 2019. FLRT is an actively managed fund by Pacific Life. It was launched on Feb 19, 2015.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: TRND or FLRT.
Performance
TRND vs. FLRT - Performance Comparison
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Key characteristics
TRND:
0.11
FLRT:
2.31
TRND:
0.08
FLRT:
2.93
TRND:
1.01
FLRT:
1.83
TRND:
0.01
FLRT:
2.32
TRND:
0.03
FLRT:
12.50
TRND:
4.02%
FLRT:
0.53%
TRND:
10.46%
FLRT:
2.89%
TRND:
-17.88%
FLRT:
-20.96%
TRND:
-8.60%
FLRT:
0.00%
Returns By Period
In the year-to-date period, TRND achieves a -4.62% return, which is significantly lower than FLRT's 1.85% return.
TRND
-4.62%
0.08%
-6.85%
1.10%
5.83%
6.83%
N/A
FLRT
1.85%
1.82%
2.47%
6.63%
9.23%
6.40%
4.32%
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TRND vs. FLRT - Expense Ratio Comparison
TRND has a 0.77% expense ratio, which is higher than FLRT's 0.69% expense ratio.
Risk-Adjusted Performance
TRND vs. FLRT — Risk-Adjusted Performance Rank
TRND
FLRT
TRND vs. FLRT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Pacer Trendpilot Fund of Funds ETF (TRND) and Pacific Global Senior Loan ETF (FLRT). 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
TRND vs. FLRT - Dividend Comparison
TRND's dividend yield for the trailing twelve months is around 2.42%, less than FLRT's 7.42% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
TRND Pacer Trendpilot Fund of Funds ETF | 2.42% | 2.31% | 2.51% | 1.76% | 0.93% | 0.60% | 0.93% | 0.00% | 0.00% | 0.00% | 0.00% |
FLRT Pacific Global Senior Loan ETF | 7.42% | 7.93% | 8.40% | 5.81% | 3.16% | 3.52% | 4.30% | 3.97% | 3.20% | 3.38% | 3.21% |
Drawdowns
TRND vs. FLRT - Drawdown Comparison
The maximum TRND drawdown since its inception was -17.88%, smaller than the maximum FLRT drawdown of -20.96%. Use the drawdown chart below to compare losses from any high point for TRND and FLRT.
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Volatility
TRND vs. FLRT - Volatility Comparison
Pacer Trendpilot Fund of Funds ETF (TRND) has a higher volatility of 1.70% compared to Pacific Global Senior Loan ETF (FLRT) at 0.62%. This indicates that TRND's price experiences larger fluctuations and is considered to be riskier than FLRT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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