PAMC vs QQQ
Pacer Lunt MidCap Multi-Factor Alternator ETF vs Invesco QQQ Trust, Series 1
Quick Verdict
QQQ has a lower expense ratio. QQQ delivered stronger 1-year returns. PAMC offers more diversification with 153 holdings.
Side-by-Side Comparison
| Metric | PAMC | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 0.60% | 0.18% | |
| AUM | $55M | $496.3B | |
| Dividend Yield | 1.13% | 0.44% | |
| Holdings | 153 | 108 | |
| YTD Return | +14.88% | +16.64% | |
| 1Y Return | +22.35% | +27.27% | |
| 3Y Return (annualized) | +17.47% | +25.96% | |
| 5Y Return (annualized) | +9.97% | +14.54% | |
| Volatility (annualized) | 18.3% | 30.6% | |
| Max Drawdown | -27.0% | -83.0% | |
| Fund Family | Pacer ETFs | Invesco (US) | |
| Category | Equity | Equity | |
| Inception | Jun 24, 2020 | Mar 10, 1999 |
PAMC vs QQQ Performance
Pacer Lunt MidCap Multi-Factor Alternator ETF (PAMC) is a ETF from Pacer ETFs and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year PAMC returned +22.35% while QQQ returned +27.27%. Year to date, PAMC is up 14.88% versus a gain of 16.64% for QQQ.
Over three years, PAMC compounded at +17.47% per year against +25.96% for QQQ; over five years the annualized figures are +9.97% and +14.54% respectively. Across the full 6-year window we track, PAMC has the edge at +15.12% annualized vs +13.03%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 30.6% compared with 18.3% for PAMC. 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 -27.0% for PAMC and -83.0% for QQQ. 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 0.69. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
PAMC charges 0.60% per year while QQQ charges 0.18%. On a $10,000 position that is $60 vs $18 annually, a gap of $42 per year that compounds over a long holding period. On income, PAMC currently yields 1.13% against 0.44% for QQQ.
Holdings Overlap
PAMC and QQQ share 0 holdings out of 123 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, PAMC or QQQ?
PAMC has an expense ratio of 0.60% while QQQ charges 0.18%. QQQ is the cheaper option. On a $10,000 investment, that is $42 per year of difference.
Which performed better, PAMC or QQQ?
Over the past year PAMC returned +22.35% vs +27.27% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (6 years), PAMC annualized +15.12% vs +13.03% for QQQ. Past performance does not guarantee future results.
Which is riskier, PAMC or QQQ?
QQQ has been the more volatile fund at 30.6% annualized versus 18.3% for PAMC. Worst drawdown: PAMC -27.0% vs QQQ -83.0%.
Should I hold both PAMC and QQQ?
PAMC and QQQ have a monthly-return correlation of 0.69, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between PAMC and QQQ?
PAMC and QQQ share 0 common holdings with a 0.0% weight overlap. Combined, they hold 123 unique securities.
Which pays a higher dividend, PAMC or QQQ?
PAMC yields 1.13% while QQQ yields 0.44%, so PAMC 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.