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USAI vs. ^GSPC
Performance
Risk-Adjusted Performance
Drawdowns
Volatility

Correlation

The correlation between USAI and ^GSPC is 0.51, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


-0.50.00.51.00.5

Performance

USAI vs. ^GSPC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Pacer American Energy Independence ETF (USAI) and S&P 500 (^GSPC). The values are adjusted to include any dividend payments, if applicable.

90.00%100.00%110.00%120.00%130.00%140.00%150.00%JulyAugustSeptemberOctoberNovemberDecember
134.02%
122.73%
USAI
^GSPC

Key characteristics

Sharpe Ratio

USAI:

2.86

^GSPC:

2.10

Sortino Ratio

USAI:

3.86

^GSPC:

2.80

Omega Ratio

USAI:

1.50

^GSPC:

1.39

Calmar Ratio

USAI:

4.55

^GSPC:

3.09

Martin Ratio

USAI:

20.42

^GSPC:

13.49

Ulcer Index

USAI:

2.08%

^GSPC:

1.94%

Daily Std Dev

USAI:

14.87%

^GSPC:

12.52%

Max Drawdown

USAI:

-65.25%

^GSPC:

-56.78%

Current Drawdown

USAI:

-6.83%

^GSPC:

-2.62%

Returns By Period

In the year-to-date period, USAI achieves a 40.84% return, which is significantly higher than ^GSPC's 24.34% return.


USAI

YTD

40.84%

1M

-6.58%

6M

23.07%

1Y

40.56%

5Y*

17.59%

10Y*

N/A

^GSPC

YTD

24.34%

1M

0.23%

6M

8.53%

1Y

24.95%

5Y*

13.01%

10Y*

11.06%

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Risk-Adjusted Performance

USAI vs. ^GSPC - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Pacer American Energy Independence ETF (USAI) and S&P 500 (^GSPC). 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.


Sharpe ratio
The chart of Sharpe ratio for USAI, currently valued at 2.86, compared to the broader market0.002.004.002.862.10
The chart of Sortino ratio for USAI, currently valued at 3.86, compared to the broader market-2.000.002.004.006.008.0010.003.862.80
The chart of Omega ratio for USAI, currently valued at 1.50, compared to the broader market0.501.001.502.002.503.001.501.39
The chart of Calmar ratio for USAI, currently valued at 4.55, compared to the broader market0.005.0010.0015.004.553.09
The chart of Martin ratio for USAI, currently valued at 20.42, compared to the broader market0.0020.0040.0060.0080.00100.0020.4213.49
USAI
^GSPC

The current USAI Sharpe Ratio is 2.86, which is higher than the ^GSPC Sharpe Ratio of 2.10. The chart below compares the historical Sharpe Ratios of USAI and ^GSPC, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio1.502.002.503.003.504.00JulyAugustSeptemberOctoberNovemberDecember
2.86
2.10
USAI
^GSPC

Drawdowns

USAI vs. ^GSPC - Drawdown Comparison

The maximum USAI drawdown since its inception was -65.25%, which is greater than ^GSPC's maximum drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for USAI and ^GSPC. For additional features, visit the drawdowns tool.


-10.00%-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-6.83%
-2.62%
USAI
^GSPC

Volatility

USAI vs. ^GSPC - Volatility Comparison

Pacer American Energy Independence ETF (USAI) has a higher volatility of 6.86% compared to S&P 500 (^GSPC) at 3.79%. This indicates that USAI's price experiences larger fluctuations and is considered to be riskier than ^GSPC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%3.00%4.00%5.00%6.00%7.00%JulyAugustSeptemberOctoberNovemberDecember
6.86%
3.79%
USAI
^GSPC
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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