TXS vs. PTMC
TXS (Texas Capital Texas Equity Index ETF) and PTMC (Pacer Trendpilot US Mid Cap ETF) are both Mid Cap Blend Equities funds - TXS tracks the Texas Capital Texas Equity Index - Benchmark TR Gross while PTMC tracks the Pacer Trendpilot US Mid Cap Index. Both are passively managed. Over the past 3 years, TXS returned 19.48%/yr vs 8.67%/yr for PTMC. Their 0.76 correlation means they have sometimes moved together and sometimes differently. TXS charges 0.49%/yr vs 0.60%/yr for PTMC.
Performance
TXS vs. PTMC - Performance Comparison
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Returns By Period
In the year-to-date period, TXS achieves a 17.07% return, which is significantly higher than PTMC's 15.61% return.
TXS
- 1D
- 0.71%
- 1M
- 3.19%
- 6M
- 11.43%
- YTD
- 17.07%
- 1Y
- 21.67%
- 3Y*
- 19.48%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 18.90%
PTMC
- 1D
- 1.07%
- 1M
- 0.00%
- 6M
- 10.17%
- YTD
- 15.61%
- 1Y
- 23.67%
- 3Y*
- 8.67%
- 5Y*
- 4.26%
- 10Y*
- 5.94%
- ALL TIME*
- 6.55%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $785.04K | $795.24K | $859.06K | |
| $149.70K | $174.94K | $126.67K |
TXS vs. PTMC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
TXS Texas Capital Texas Equity Index ETF | 17.07% | 10.31% | 24.29% | 5.77% |
PTMC Pacer Trendpilot US Mid Cap ETF | 15.61% | -1.55% | 13.22% | -0.55% |
Correlation
The correlation between TXS and PTMC is 0.77, 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. | 0.77 |
Correlation (3Y) Balances recent behavior with more history. | 0.76 |
Correlation (All Time) Calculated using the full available price history since Jul 13, 2023 | 0.76 |
The correlation between TXS and PTMC has been stable across timeframes, ranging from 0.76 to 0.77 - a consistent structural relationship.
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Return for Risk
TXS vs. PTMC — Risk / Return Rank
TXS
PTMC
TXS vs. PTMC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Texas Capital Texas Equity Index ETF (TXS) and Pacer Trendpilot US Mid Cap ETF (PTMC). 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.
| TXS | PTMC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.38 | ||
| Sortino ratioReturn per unit of downside risk | +0.46 | ||
| Omega ratioGain probability vs. loss probability | 1.34 | 1.27 | +0.07 |
| Calmar ratioReturn relative to maximum drawdown | 3.33 | 2.67 | +0.65 |
| Martin ratioReturn relative to average drawdown | 11.42 | 9.68 | +1.74 |
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Drawdowns
TXS vs. PTMC - Drawdown Comparison
The maximum TXS drawdown since its inception was -19.69%, roughly equal to the maximum PTMC drawdown of -20.53%. Use the drawdown chart below to compare losses from any high point for TXS and PTMC.
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Drawdown Indicators
| TXS | PTMC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -19.69% | -20.53% | +0.84% |
Max Drawdown (1Y)Largest decline over 1 year | -6.54% | -8.89% | +2.35% |
Max Drawdown (3Y)Largest decline over 3 years | -19.69% | -15.31% | -4.38% |
Max Drawdown (5Y)Largest decline over 5 years | — | -16.93% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -20.53% | — |
Current DrawdownCurrent decline from peak | 0.00% | -1.41% | +1.41% |
Average DrawdownAverage peak-to-trough decline | -2.72% | -6.39% | +3.67% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.90% | 2.45% | -0.55% |
Volatility
TXS vs. PTMC - Volatility Comparison
The current volatility for Texas Capital Texas Equity Index ETF (TXS) is 2.69%, while Pacer Trendpilot US Mid Cap ETF (PTMC) has a volatility of 3.61%. This indicates that TXS experiences smaller price fluctuations and is considered to be less risky than PTMC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TXS | PTMC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.69% | 3.61% | -0.92% |
Volatility (6M)Calculated over the trailing 6-month period | 7.83% | 11.64% | -3.81% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.49% | 15.70% | -4.21% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.63% | 13.28% | +2.35% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.63% | 12.92% | +2.71% |
TXS vs. PTMC - Expense Ratio Comparison
TXS has a 0.49% expense ratio, which is lower than PTMC's 0.60% expense ratio.
Dividends
TXS vs. PTMC - Dividend Comparison
TXS's dividend yield for the trailing twelve months is around 0.77%, less than PTMC's 1.59% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
PTMC Pacer Trendpilot US Mid Cap ETF | 1.59% | 1.84% | 0.87% | 1.92% | 0.82% | 0.12% | 0.53% | 1.40% | 0.89% | 0.67% | 0.66% |
TXS Texas Capital Texas Equity Index ETF | 0.77% | 0.82% | 0.86% | 0.53% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
TXS and PTMC have a correlation of 0.77, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
PTMC has higher volatility (3.61%) compared to TXS (2.69%). In terms of maximum drawdown, TXS dropped -19.69% vs PTMC's -20.53%.
On 3-year performance, TXS leads with 19.48% vs 8.67% for PTMC. On fees, TXS is cheaper at 0.49% per year. On volatility, TXS has been the lower-risk option at 2.69%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 3-year period, TXS has performed better with a 19.48% return vs 8.67%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
TXS is cheaper with a 0.49% expense ratio, compared with 0.60% for PTMC.
PTMC has the higher dividend yield at 1.59%, compared with 0.77% for TXS.
TXS tracks Texas Capital Texas Equity Index - Benchmark TR Gross, while PTMC tracks Pacer Trendpilot US Mid Cap Index. They also come from different issuers: Texas Capital and Pacer. Their fees differ too: 0.49% for TXS and 0.60% for PTMC.
TXS currently has the higher Sharpe Ratio (1.90 vs 1.52), 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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