TSPX vs. PTIN

Last updated Aug 1, 2026

TSPX (Twin Oak Active Opportunities ETF) and PTIN (Pacer Trendpilot International ETF) are both Diversified Portfolio funds. TSPX is actively managed, while PTIN is passively managed. Over the past year, TSPX returned 16.67% vs 32.43% for PTIN. Their 0.67 correlation means they have sometimes moved together and sometimes differently. TSPX charges 1.01%/yr vs 0.66%/yr for PTIN.

Performance

TSPX vs. PTIN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Twin Oak Active Opportunities ETF (TSPX) and Pacer Trendpilot International ETF (PTIN). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, TSPX achieves a 7.79% return, which is significantly lower than PTIN's 16.34% return.

TSPX

• 1D: 0.71%
• 1M: 0.38%
• 6M: 6.90%
• YTD: 7.79%
• 1Y: 16.67%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 16.44%

PTIN

• 1D: -0.49%
• 1M: 0.27%
• 6M: 9.19%
• YTD: 16.34%
• 1Y: 32.43%
• 3Y*: 12.31%
• 5Y*: 6.71%
• 10Y*: —
• ALL TIME*: 6.91%

*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)
PTIN Pacer Trendpilot International ETF	$300.58K	$334.58K	$457.99K
TSPX Twin Oak Active Opportunities ETF	$393.88	$1.58M	$538.56K

TSPX vs. PTIN - Yearly Performance Comparison

	2026 (YTD)	2025
TSPX Twin Oak Active Opportunities ETF	7.79%	15.46%
PTIN Pacer Trendpilot International ETF	16.34%	7.10%

Correlation

The correlation between TSPX and PTIN is 0.76, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.76
Correlation (All Time) Calculated using the full available price history since Feb 21, 2025	0.67

The correlation between TSPX and PTIN has been stable across timeframes, ranging from 0.67 to 0.76 - a consistent structural relationship.

Return for Risk

TSPX vs. PTIN — Risk / Return Rank

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

TSPX

TSPX Risk / Return Rank: 67
TSPX Sharpe Ratio Rank: 67
TSPX Sortino Ratio Rank: 66
TSPX Omega Ratio Rank: 65
TSPX Calmar Ratio Rank: 64
TSPX Martin Ratio Rank: 76

PTIN

PTIN Risk / Return Rank: 79
PTIN Sharpe Ratio Rank: 80
PTIN Sortino Ratio Rank: 78
PTIN Omega Ratio Rank: 80
PTIN Calmar Ratio Rank: 78
PTIN Martin Ratio Rank: 79

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.

TSPX vs. PTIN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Twin Oak Active Opportunities ETF (TSPX) and Pacer Trendpilot International ETF (PTIN). 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.

	TSPX	PTIN	Difference
Sharpe ratio: Return per unit of total volatility	1.55	1.83	-0.27
Sortino ratio: Return per unit of downside risk	2.18	2.51	-0.33
Omega ratio: Gain probability vs. loss probability	1.28	1.34	-0.06
Calmar ratio: Return relative to maximum drawdown	2.26	2.80	-0.54
Martin ratio: Return relative to average drawdown	9.67	10.30	-0.63

TSPX vs. PTIN - Sharpe Ratio Comparison

The current TSPX Sharpe Ratio is 1.55, which is comparable to the PTIN Sharpe Ratio of 1.83. The chart below compares the historical Sharpe Ratios of TSPX and PTIN, 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

TSPX vs. PTIN - Drawdown Comparison

The maximum TSPX drawdown since its inception was -7.80%, smaller than the maximum PTIN drawdown of -21.27%. Use the drawdown chart below to compare losses from any high point for TSPX and PTIN.

Drawdown Indicators

	TSPX	PTIN	Difference
Max Drawdown Largest peak-to-trough decline	-7.80%	-21.27%	+13.47%
Max Drawdown (1Y) Largest decline over 1 year	-6.81%	-11.55%	+4.74%
Max Drawdown (3Y) Largest decline over 3 years	—	-13.93%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-21.27%	—
Current Drawdown Current decline from peak	-0.90%	-2.02%	+1.12%
Average Drawdown Average peak-to-trough decline	-1.21%	-7.56%	+6.35%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.59%	3.13%	-1.54%

Volatility

TSPX vs. PTIN - Volatility Comparison

The current volatility for Twin Oak Active Opportunities ETF (TSPX) is 2.87%, while Pacer Trendpilot International ETF (PTIN) has a volatility of 5.26%. This indicates that TSPX experiences smaller price fluctuations and is considered to be less risky than PTIN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TSPX	PTIN	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.87%	5.26%	-2.39%
Volatility (6M) Calculated over the trailing 6-month period	7.79%	15.77%	-7.98%
Volatility (1Y) Calculated over the trailing 1-year period	9.90%	17.72%	-7.82%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	10.86%	14.74%	-3.88%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	10.86%	14.12%	-3.26%

TSPX vs. PTIN - Expense Ratio Comparison

TSPX has a 1.01% expense ratio, which is higher than PTIN's 0.66% expense ratio.

Dividends

TSPX vs. PTIN - Dividend Comparison

TSPX's dividend yield for the trailing twelve months is around 1.99%, less than PTIN's 2.18% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
PTIN Pacer Trendpilot International ETF	2.18%	2.53%	2.67%	2.09%	0.41%	2.38%	0.77%	0.97%
TSPX Twin Oak Active Opportunities ETF	1.99%	2.15%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both TSPX and PTIN in my portfolio?

TSPX and PTIN have a correlation of 0.76, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, TSPX or PTIN?

PTIN has higher volatility (5.26%) compared to TSPX (2.87%). In terms of maximum drawdown, TSPX dropped -7.80% vs PTIN's -21.27%.

Which ETF is better, TSPX or PTIN?

On 1-year performance, PTIN leads with 32.43% vs 16.67% for TSPX. On fees, PTIN is cheaper at 0.66% per year. On volatility, TSPX has been the lower-risk option at 2.87%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, TSPX or PTIN?

Over the 1-year period, PTIN has performed better with a 32.43% return vs 16.67%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, TSPX or PTIN?

PTIN is cheaper with a 0.66% expense ratio, compared with 1.01% for TSPX.

Which ETF pays a higher dividend yield, TSPX or PTIN?

PTIN has the higher dividend yield at 2.18%, compared with 1.99% for TSPX.

What is the main difference between TSPX and PTIN?

They also come from different issuers: Twin Oak and Pacer. Their fees differ too: 1.01% for TSPX and 0.66% for PTIN.

Which has better risk-adjusted returns?

PTIN currently has the higher Sharpe Ratio (1.83 vs 1.55), 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.