UPAR vs. PTIN

Last updated Aug 2, 2026

UPAR (UPAR Ultra Risk Parity ETF) and PTIN (Pacer Trendpilot International ETF) are both Diversified Portfolio funds - UPAR tracks the NONE while PTIN tracks the Pacer Trendpilot International Index. Both are passively managed. Over the past 3 years, UPAR returned 8.22%/yr vs 12.31%/yr for PTIN. Their 0.54 correlation means they have sometimes moved together and sometimes differently. UPAR charges 0.65%/yr vs 0.66%/yr for PTIN.

Performance

UPAR vs. PTIN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in UPAR Ultra Risk Parity ETF (UPAR) 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, UPAR achieves a 3.37% return, which is significantly lower than PTIN's 16.34% return.

UPAR

• 1D: -0.88%
• 1M: -2.83%
• 6M: -2.26%
• YTD: 3.37%
• 1Y: 15.74%
• 3Y*: 8.22%
• 5Y*: —
• 10Y*: —
• ALL TIME*: -1.97%

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
UPAR UPAR Ultra Risk Parity ETF	$78.06K	$57.40K	$209.69K

UPAR vs. PTIN - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
UPAR UPAR Ultra Risk Parity ETF	3.37%	23.87%	-2.26%	5.73%	-30.99%
PTIN Pacer Trendpilot International ETF	16.34%	16.17%	3.36%	16.04%	-16.13%

Correlation

The correlation between UPAR and PTIN 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.	0.63
Correlation (All Time) Calculated using the full available price history since Jan 4, 2022	0.54

Over the past year, UPAR and PTIN have become more correlated (0.77) than their long-term average of 0.54, meaning their price movements have been converging.

Return for Risk

UPAR vs. PTIN — Risk / Return Rank

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

UPAR

UPAR Risk / Return Rank: 42
UPAR Sharpe Ratio Rank: 46
UPAR Sortino Ratio Rank: 42
UPAR Omega Ratio Rank: 45
UPAR Calmar Ratio Rank: 42
UPAR Martin Ratio Rank: 36

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.

UPAR vs. PTIN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for UPAR Ultra Risk Parity ETF (UPAR) 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.

	UPAR	PTIN	Difference
Sharpe ratio: Return per unit of total volatility	1.14	1.83	-0.69
Sortino ratio: Return per unit of downside risk	1.57	2.51	-0.94
Omega ratio: Gain probability vs. loss probability	1.21	1.34	-0.13
Calmar ratio: Return relative to maximum drawdown	1.46	2.80	-1.33
Martin ratio: Return relative to average drawdown	3.61	10.30	-6.70

UPAR vs. PTIN - Sharpe Ratio Comparison

The current UPAR Sharpe Ratio is 1.14, which is lower than the PTIN Sharpe Ratio of 1.83. The chart below compares the historical Sharpe Ratios of UPAR 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

UPAR vs. PTIN - Drawdown Comparison

The maximum UPAR drawdown since its inception was -39.54%, which is greater than PTIN's maximum drawdown of -21.27%. Use the drawdown chart below to compare losses from any high point for UPAR and PTIN.

Drawdown Indicators

	UPAR	PTIN	Difference
Max Drawdown Largest peak-to-trough decline	-39.54%	-21.27%	-18.27%
Max Drawdown (1Y) Largest decline over 1 year	-11.13%	-11.55%	+0.42%
Max Drawdown (3Y) Largest decline over 3 years	-16.04%	-13.93%	-2.11%
Max Drawdown (5Y) Largest decline over 5 years	—	-21.27%	—
Current Drawdown Current decline from peak	-9.76%	-2.02%	-7.74%
Average Drawdown Average peak-to-trough decline	-21.91%	-7.56%	-14.35%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.51%	3.13%	+1.38%

Volatility

UPAR vs. PTIN - Volatility Comparison

The current volatility for UPAR Ultra Risk Parity ETF (UPAR) is 3.57%, while Pacer Trendpilot International ETF (PTIN) has a volatility of 5.26%. This indicates that UPAR 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

	UPAR	PTIN	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.57%	5.26%	-1.69%
Volatility (6M) Calculated over the trailing 6-month period	12.30%	15.77%	-3.47%
Volatility (1Y) Calculated over the trailing 1-year period	14.31%	17.72%	-3.41%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.97%	14.74%	+3.23%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.97%	14.12%	+3.85%

UPAR vs. PTIN - Expense Ratio Comparison

UPAR has a 0.65% expense ratio, which is lower than PTIN's 0.66% expense ratio.

Dividends

UPAR vs. PTIN - Dividend Comparison

UPAR's dividend yield for the trailing twelve months is around 3.41%, more 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%
UPAR UPAR Ultra Risk Parity ETF	3.41%	3.28%	3.32%	3.04%	4.73%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both UPAR and PTIN in my portfolio?

UPAR and PTIN 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.

Which is riskier, UPAR or PTIN?

PTIN has higher volatility (5.26%) compared to UPAR (3.57%). In terms of maximum drawdown, UPAR dropped -39.54% vs PTIN's -21.27%.

Which ETF is better, UPAR or PTIN?

On 3-year performance, PTIN leads with 12.31% vs 8.22% for UPAR. On fees, UPAR is cheaper at 0.65% per year. On volatility, UPAR has been the lower-risk option at 3.57%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, UPAR or PTIN?

Over the 3-year period, PTIN has performed better with a 12.31% return vs 8.22%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, UPAR or PTIN?

UPAR is cheaper with a 0.65% expense ratio, compared with 0.66% for PTIN.

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

UPAR has the higher dividend yield at 3.41%, compared with 2.18% for PTIN.

What is the main difference between UPAR and PTIN?

UPAR tracks NONE, while PTIN tracks Pacer Trendpilot International Index. They also come from different issuers: Tidal and Pacer. Their fees differ too: 0.65% for UPAR and 0.66% for PTIN.

Which has better risk-adjusted returns?

PTIN currently has the higher Sharpe Ratio (1.83 vs 1.14), 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.