IVV vs PAMC
iShares Core S&P 500 ETF vs Pacer Lunt MidCap Multi-Factor Alternator ETF
Which is better, IVV or PAMC?
Large Cap Blend against Mid Cap Blend.
IVV has a lower expense ratio. IVV led over 1Y, 3Y, 5Y and the full window. PAMC is less concentrated, with 16.4% of the fund in its ten largest positions against 37.9%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | IVV | PAMC |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.60% |
| AUM | $876.4B | $54M |
| Dividend Yield | 1.06% | 1.12% |
| Holdings | 508 | 144 |
| YTD Return | +12.51% | +12.63%Best |
| 1Y Return | +17.57%Best | +13.13% |
| 3Y Return (annualized) | +21.27%Best | +16.12% |
| 5Y Return (annualized) | +12.95%Best | +9.38% |
| Volatility (annualized) | 15.5%Best | 18.2% |
| Max Drawdown | -24.5%Best | -27.0% |
| $10,000 over 5 years | $18,384Best | $15,656 |
| Top 10 Weight | 37.9% | 16.4%Best |
| Fund Family | iShares by BlackRock (US) | Pacer ETFs |
| Category | Equity | Equity |
| Style | Large Cap Blend | Mid Cap Blend |
| Inception | May 15, 2000 | Jun 24, 2020 |
Volatility and max drawdown are measured over the window both funds cover: Jun 25, 2020 to Sep 11, 2026 (6.2 years).
IVV vs PAMC growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 6.2 years both funds cover.
IVV vs PAMC Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and Pacer Lunt MidCap Multi-Factor Alternator ETF (PAMC) is an ETF from Pacer ETFs. Over the past year IVV returned +17.57% while PAMC returned +13.13%. Year to date, IVV is up 12.51% versus a gain of 12.63% for PAMC.
Over three years, IVV compounded at +21.27% per year against +16.12% for PAMC; over five years the annualized figures are +12.95% and +9.38% respectively. Across the full 6-year window we track, IVV has the edge at +17.25% annualized vs +14.61%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
PAMC has been the more volatile fund, with annualized monthly volatility of 18.2% compared with 15.5% for IVV. 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 -24.5% for IVV and -27.0% for PAMC. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.83. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
IVV charges 0.03% per year while PAMC charges 0.60%. On a $10,000 position that is $3 vs $60 annually, a gap of $57 per year that compounds over a long holding period. On income, IVV currently yields 1.06% against 1.12% for PAMC.
Holdings Overlap
We hold position weights for 505 holdings in IVV and 143 in PAMC, totalling 100.0% and 99.3% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 505 positions we hold weights for in IVV and 143 in PAMC, against full books of 508 and 144.
What only one of them owns
Our book lists 141 positions for PAMC that do not appear in our book for IVV (97.7% of the fund), and 495 for IVV that do not appear in PAMC (99.3%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
You are not choosing between two funds in isolation.
Whichever of IVV and PAMC you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, IVV or PAMC?
IVV has an expense ratio of 0.03% while PAMC charges 0.60%. IVV is the cheaper option, by $57 a year on a $10,000 investment.
Which performed better, IVV or PAMC?
Over the past year IVV returned +17.57% vs +13.13% for PAMC, so IVV leads on 1-year performance. Over the longest common window we track (6 years), IVV annualized +17.25% vs +14.61% for PAMC. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or PAMC?
PAMC has been the more volatile fund at 18.2% annualized versus 15.5% for IVV. Worst drawdown: IVV -24.5% vs PAMC -27.0%.
Should I hold both IVV and PAMC?
IVV and PAMC have a monthly-return correlation of 0.83, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, IVV or PAMC?
IVV yields 1.06% while PAMC yields 1.12%, so PAMC currently pays the higher dividend yield.
Is PAMC better than IVV?
IVV has a lower expense ratio. IVV led over 1Y, 3Y, 5Y and the full window. PAMC is less concentrated, with 16.4% of the fund in its ten largest positions against 37.9%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.