ELCV vs PATN
Eventide High Dividend ETF vs Pacer Nasdaq International Patent Leaders ETF
Quick Verdict
ELCV has a lower expense ratio. PATN delivered stronger 1-year returns. PATN offers more diversification with 108 holdings.
Side-by-Side Comparison
| Metric | ELCV | PATN | Winner |
|---|---|---|---|
| Expense Ratio | 0.49% | 0.65% | |
| AUM | $262M | $234M | |
| Dividend Yield | 2.15% | 1.67% | |
| Holdings | 47 | 108 | |
| YTD Return | +19.57% | +30.11% | |
| 1Y Return | +25.61% | +51.30% | |
| 3Y Return (annualized) | - | - | |
| 5Y Return (annualized) | - | - | |
| Volatility (annualized) | 13.8% | 21.1% | |
| Max Drawdown | -18.4% | -16.8% | |
| Fund Family | Eventide | Pacer ETFs | |
| Category | Equity | Equity | |
| Inception | Sep 30, 2024 | Sep 16, 2024 |
ELCV vs PATN Performance
Eventide High Dividend ETF (ELCV) is a ETF from Eventide and Pacer Nasdaq International Patent Leaders ETF (PATN) is a ETF from Pacer ETFs. Over the past year ELCV returned +25.61% while PATN returned +51.30%. Year to date, ELCV is up 19.57% versus a gain of 30.11% for PATN.
Risk: Volatility and Drawdowns
PATN has been the more volatile fund, with annualized monthly volatility of 21.1% compared with 13.8% for ELCV. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -18.4% for ELCV and -16.8% for PATN. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.49. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
ELCV charges 0.49% per year while PATN charges 0.65%. On a $10,000 position that is $49 vs $65 annually, a gap of $16 per year that compounds over a long holding period. On income, ELCV currently yields 2.15% against 1.67% for PATN.
Holdings Overlap
ELCV and PATN share 1 holdings out of 146 unique holdings combined, representing a 2.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in ELCV | Weight in PATN | Difference |
|---|---|---|---|
| TSM:TW | 1.96% | 10.65% | 8.69% |
Frequently Asked Questions
Which is cheaper, ELCV or PATN?
ELCV has an expense ratio of 0.49% while PATN charges 0.65%. ELCV is the cheaper option. On a $10,000 investment, that is $16 per year of difference.
Which performed better, ELCV or PATN?
Over the past year ELCV returned +25.61% vs +51.30% for PATN, so PATN leads on 1-year performance. Over the longest common window we track (2 years), ELCV annualized +15.37% vs +37.49% for PATN. Past performance does not guarantee future results.
Which is riskier, ELCV or PATN?
PATN has been the more volatile fund at 21.1% annualized versus 13.8% for ELCV. Worst drawdown: ELCV -18.4% vs PATN -16.8%.
Should I hold both ELCV and PATN?
ELCV and PATN have a monthly-return correlation of 0.49, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between ELCV and PATN?
ELCV and PATN share 1 common holdings with a 2.0% weight overlap. Combined, they hold 146 unique securities.
Which pays a higher dividend, ELCV or PATN?
ELCV yields 2.15% while PATN yields 1.67%, so ELCV currently pays the higher dividend yield.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.