PAMC vs SCHD
Pacer Lunt MidCap Multi-Factor Alternator ETF vs Schwab US Dividend Equity ETF
Which is better, PAMC or SCHD?
Mid Cap Blend against Large Cap Value.
SCHD has a lower expense ratio. PAMC led over 3Y, SCHD over 1Y, 5Y and the full window. PAMC is less concentrated, with 16.4% of the fund in its ten largest positions against 41.8%.
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 | PAMC | SCHD |
|---|---|---|
| Expense Ratio | 0.60% | 0.06%Best |
| AUM | $54M | $112.1B |
| Dividend Yield | 1.12% | 3.00% |
| Holdings | 144 | 103 |
| YTD Return | +11.76% | +24.59%Best |
| 1Y Return | +13.59% | +28.14%Best |
| 3Y Return (annualized) | +15.88%Best | +15.58% |
| 5Y Return (annualized) | +9.25% | +9.90%Best |
| Volatility (annualized) | 18.3% | 15.1%Best |
| Max Drawdown | -27.0% | -16.9%Best |
| $10,000 over 5 years | $15,563 | $16,032Best |
| Top 10 Weight | 16.4%Best | 41.8% |
| Fund Family | Pacer ETFs | Charles Schwab Asset Management |
| Category | Equity | Equity |
| Style | Mid Cap Blend | Large Cap Value |
| Inception | Jun 24, 2020 | Oct 20, 2011 |
Volatility and max drawdown are measured over the window both funds cover: Jun 25, 2020 to Sep 10, 2026 (6.2 years).
PAMC vs SCHD 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.
PAMC vs SCHD Performance
Pacer Lunt MidCap Multi-Factor Alternator ETF (PAMC) is an ETF from Pacer ETFs and Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management. Over the past year PAMC returned +13.59% while SCHD returned +28.14%. Year to date, PAMC is up 11.76% versus a gain of 24.59% for SCHD.
Over three years, PAMC compounded at +15.88% per year against +15.58% for SCHD; over five years the annualized figures are +9.25% and +9.90% respectively. Across the full 6-year window we track, SCHD has the edge at +15.20% annualized vs +14.47%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
PAMC has been the more volatile fund, with annualized monthly volatility of 18.3% compared with 15.1% for SCHD. 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 -16.9% for SCHD. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.76. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
PAMC charges 0.60% per year while SCHD charges 0.06%. On a $10,000 position that is $60 vs $6 annually, a gap of $54 per year that compounds over a long holding period. On income, PAMC currently yields 1.12% against 3.00% for SCHD.
Holdings Overlap
8.1% of PAMC's money is in holdings SCHD also owns. 1.7% of SCHD's money is in holdings PAMC also owns.
PAMC and SCHD share little of their money.
9 positions in common, counted across the 143 positions we hold weights for in PAMC and 100 in SCHD, against full books of 144 and 103.
What only one of them owns
Our book lists 90 positions for SCHD that do not appear in our book for PAMC (98.2% of the fund), and 132 for PAMC that do not appear in SCHD (89.5%).
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.
Top Shared Holdings
| Stock | Weight in PAMC | Weight in SCHD | Difference |
|---|---|---|---|
| DINOHollyfrontier | 1.40% | 0.38% | 1.02% |
| ORIOld Republic International Corp | 1.35% | 0.23% | 1.12% |
| OZKBank Ozk | 1.00% | 0.12% | 0.88% |
| PAGPenske Automotive Group Inc | 1.01% | 0.10% | 0.91% |
| MMacy'S Inc. | 0.89% | 0.14% | 0.75% |
| AFGAmerican Financial Group Inc/Oh | 0.63% | 0.24% | 0.39% |
| COLBColumbia Banking System Inc Common Stock | 0.64% | 0.21% | 0.43% |
| FHIFederated Investors Inc | 0.71% | 0.11% | 0.60% |
| ALVAutoliv, Inc. Com | 0.49% | 0.20% | 0.29% |
You are not choosing between two funds in isolation.
Whichever of PAMC and SCHD 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, PAMC or SCHD?
PAMC has an expense ratio of 0.60% while SCHD charges 0.06%. SCHD is the cheaper option, by $54 a year on a $10,000 investment.
Which performed better, PAMC or SCHD?
Over the past year PAMC returned +13.59% vs +28.14% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (6 years), PAMC annualized +14.47% vs +15.20% for SCHD. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, PAMC or SCHD?
PAMC has been the more volatile fund at 18.3% annualized versus 15.1% for SCHD. Worst drawdown: PAMC -27.0% vs SCHD -16.9%.
Should I hold both PAMC and SCHD?
PAMC and SCHD have a monthly-return correlation of 0.76, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between PAMC and SCHD?
8.1% of PAMC's money is in holdings SCHD also owns. 1.7% of SCHD's is in holdings PAMC also owns. They hold 9 positions in common, counted across the 143 positions we hold weights for in PAMC and 100 in SCHD.
Which pays a higher dividend, PAMC or SCHD?
PAMC yields 1.12% while SCHD yields 3.00%, so SCHD currently pays the higher dividend yield.
Is SCHD better than PAMC?
SCHD has a lower expense ratio. PAMC led over 3Y, SCHD over 1Y, 5Y and the full window. PAMC is less concentrated, with 16.4% of the fund in its ten largest positions against 41.8%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.