PTLC vs SPY

PTLC vs SPY
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Quick Verdict

SPY has a lower expense ratio. SPY delivered stronger 1-year returns. PTLC offers more diversification with 506 holdings.

Lower Fees: SPYHigher Returns: SPYMore Diversified: PTLC

Side-by-Side Comparison

MetricPTLCSPYWinner
Expense Ratio0.60%0.09%
AUM$3.4B$821.1B
Dividend Yield1.01%1.01%
Holdings506505
YTD Return+7.11%+12.68%
1Y Return+14.42%+21.82%
3Y Return (annualized)+14.19%+21.98%
5Y Return (annualized)+9.59%+12.89%
Volatility (annualized)65348.8%15.3%
Max Drawdown-100.0%-56.5%
Fund FamilyPacer ETFsState Street Investment Management
CategoryEquityEquity
InceptionJun 11, 2015Jan 22, 1993

PTLC vs SPY Performance

Pacer Trendpilot US Large Cap ETF (PTLC) is a ETF from Pacer ETFs and State Street SPDR S&P 500 ETF Trust (SPY) is a ETF from State Street Investment Management. Over the past year PTLC returned +14.42% while SPY returned +21.82%. Year to date, PTLC is up 7.11% versus a gain of 12.68% for SPY.

Over three years, PTLC compounded at +14.19% per year against +21.98% for SPY; over five years the annualized figures are +9.59% and +12.89% respectively. Across the full 21-year window we track, PTLC has the edge at +36.87% annualized vs +8.81%. Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

PTLC has been the more volatile fund, with annualized monthly volatility of 65348.8% compared with 15.3% for SPY. 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 -100.0% for PTLC and -56.5% for SPY. 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 -0.06. They move independently enough that combining them can meaningfully diversify a portfolio.

Fees and Cost Over Time

PTLC charges 0.60% per year while SPY charges 0.09%. On a $10,000 position that is $60 vs $9 annually, a gap of $51 per year that compounds over a long holding period. On income, PTLC currently yields 1.01% against 1.01% for SPY.

Holdings Overlap

95.0%overlap

PTLC and SPY share 483 holdings out of 514 unique holdings combined, representing a 95.0% weight overlap.

High overlap means holding both may not provide much additional diversification.

Top Shared Holdings

StockWeight in PTLCWeight in SPYDifference
NVDA7.33%7.71%0.38%
AAPL7.04%6.83%0.21%
MSFT4.50%5.50%1.00%
AMZNProProPro
GOOGLProProPro
AVGOProProPro
GOOGProProPro
METAProProPro
MUProProPro
TSLAProProPro
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Frequently Asked Questions

Which is cheaper, PTLC or SPY?

PTLC has an expense ratio of 0.60% while SPY charges 0.09%. SPY is the cheaper option. On a $10,000 investment, that is $51 per year of difference.

Which performed better, PTLC or SPY?

Over the past year PTLC returned +14.42% vs +21.82% for SPY, so SPY leads on 1-year performance. Over the longest common window we track (21 years), PTLC annualized +36.87% vs +8.81% for SPY. Past performance does not guarantee future results.

Which is riskier, PTLC or SPY?

PTLC has been the more volatile fund at 65348.8% annualized versus 15.3% for SPY. Worst drawdown: PTLC -100.0% vs SPY -56.5%.

Should I hold both PTLC and SPY?

PTLC and SPY have a monthly-return correlation of -0.06, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between PTLC and SPY?

PTLC and SPY share 483 common holdings with a 95.0% weight overlap. Combined, they hold 514 unique securities.

Which pays a higher dividend, PTLC or SPY?

PTLC yields 1.01% while SPY yields 1.01%, so PTLC currently pays the higher dividend yield.

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