DDXX vs PTBD: Grades, Fees and Holdings Compared

Defined Duration 20 ETF

DDXXBCboe

Pacer Trendpilot US Bond ETF

PTBDANYSE Arca

Overlap

0.0%by weight

Expense ratio

DDXX −0.35pt a year

DDXX0.25%PTBD0.60%

Avg volume · 30D

PTBD 8.0×the volume

DDXX2.31KPTBD18.6K

DDXX vs PTBD Performance

Dec 31, 2025 – Oct 30, 2026

+11.2%DDXX−0.4%PTBD

Expense ratio: DDXX 0.25%, better; PTBD 0.60%
Fund size: DDXX $21M; PTBD $83M
1Y total return: DDXX No data; PTBD −0.1%
Yield (12M): DDXX No data; PTBD 6.36%
Holdings: DDXX 12; PTBD 1047
Avg volume (30D): DDXX 2.31K sh; PTBD 18.6K sh, better
NAV per share: DDXX $28.07; PTBD $18.34
52W range

ETF.net Grade

Pillar letters and Scores for DDXX, PTBD, with each pillar’s weight
Pillar	DDXX	PTBD
Cost30% weight	A98Higher	A83
Mission25% weight	Not scored	Not scored
Risk15% weight	C53	B60Higher
Tradability15% weight	D26	C50Higher
Holdings10% weight	B55	A90Higher
Durability5% weight	F20	A83Higher

Rank among Tactical Allocation funds

How we build Categories ›

Same Category. DDXX and PTBD are both graded against the same 46 Tactical Allocation funds, so their Grades compare head to head.

Tactical Allocation⁠

Category · 46 funds

See all 46 ›

PTBD ranks 3rd and DDXX 9th of 46 funds in the Tactical Allocation Category.

Rank 1AENDWCambria Endowment Style ETFScore 81
Rank 2AGMODGMO Dynamic Allocation ETFScore 76
Rank 3APTBDPacer Trendpilot US Bond ETFScore 72
Rank 4ARISNInspire Capital Appreciation ETFScore 71
Rank 7BTUGSTF Tactical Growth ETFScore 66
Rank 9BDDXXDefined Duration 20 ETFScore 63
Rank 9BMATRHarbor Multi-Asset Explorer ETFScore 63

Our read on each fund

ETF.net Research

DDXXBDefined Duration 20 ETF

PTBDAPacer Trendpilot US Bond ETF

In short

DDXX No data

PTBD Trend following, pointed at bonds instead of stocks. A published rulebook shifts PTBD between high yield corporates and intermediate Treasuries as their relative strength changes, dialing credit risk up or down by formula rather than by opinion.

Stated mandate

DDXX No data

PTBD The Fund seeks to track, before fees and expenses, the total return of the Pacer Trendpilot US Bond Index through a rules-based strategy that alternates between high-yield corporate bonds and U.S. Treasury bonds.

Why people hold it

DDXX No data

PTBD The rulebook is public and mechanical: high yield measured against Treasuries, compared to its 100-day average, with five straight closes needed to confirm. No manager hunch involved.paceretfs.com
0.60% a year, comfortably below the median for tactical multi-asset funds. Cheap for a strategy that does the reallocating for you.
Holds roughly 1,000 bonds in whichever sleeve the signal points to, so no single issuer carries much weight. Income is distributed monthly.
Trading since 2019, long enough to have run the rules through a rate shock and a credit wobble, and it sits in the upper tier of the tactical funds we cover.

Worth knowing

DDXX No data

PTBD Trend rules react, they don't anticipate. A sharp reversal can flip the signal after the move has happened, and the confirmation window means the switch lands days later.paceretfs.com
In its risk-on position the portfolio is high yield corporate debt, full stop. That is credit risk, a different animal from Treasury rate risk.paceretfs.com
Not one of the heavily traded names in its category, so the spread and a limit order matter more here than with a mega-fund.

Full DDXX profile⁠

Full PTBD profile⁠

DDXX vs PTBD Holdings

As of Oct 23, 2026

How DDXX and PTBD differ

Overlap by weight

0.0%

Shared holdings make up 0.0% of DDXX and 0.0% of PTBD.

Level by level

Asset classEquity, Fixed Income0.0%
Holdings0 in both0.0%
Countryby domicile57.5%

Sector

No Sector split for PTBD.

Country, concentration and asset class

Country by domicile

Country weights in DDXX and PTBD, widest gap first
Country	More in DDXXMore in PTBD	DDXX	PTBD
United States	PTBD +40.0 points	46.1%	86.1%
Japan	DDXX +8.6 points	10.3%	1.7%
Taiwan	DDXX +4.2 points	4.2%	0.0%
China	DDXX +3.3 points	3.3%	0.0%
United Kingdom	DDXX +2.9 points	5.0%	2.1%
Germany	DDXX +2.8 points	2.9%	0.1%
Switzerland	DDXX +2.6 points	2.8%	0.2%
South Korea	DDXX +2.6 points	2.6%	0.0%
Other countries (34)	DDXX +13.0 points	22.8%	9.8%

Outside the US: DDXX 71% developed, 29% emerging.

Concentration

Weight in the 10 largest Holdings

DDXX97.8%
PTBD5.8%

Securities held

DDXX12
PTBD1,043

Asset class

DDXX: Equity
PTBD: Fixed Income

Holdings

Only in DDXX12
In both0
Only in PTBD1,043

Only in DDXX

12 securities, 100% of DDXX by weight

State Street SPDR Portfolio Developed World ex-US ETF18.10%
Vanguard Morningstar Value ETF13.24%
iShares MSCI USA Min Vol Factor ETF12.37%
Vanguard Morningstar Total Stock Market ETF11.12%
iShares MSCI International Value Factor ETF10.98%
Vanguard FTSE All World ex-US Small-Cap ETF9.44%
Vanguard Morningstar Small-Cap ETF6.64%
State Street SPDR Portfolio Emerging Markets ETF6.50%
Vanguard Ftse Developed Etf5.78%
Vanguard FTSE Emerging Markets ETF3.66%
Schwab US Small-Cap ETF1.83%
First American Government Obligations Fund 12/01/20310.34%

Only in PTBD

1,043 securities, 97.5% of PTBD by weight

1261229 BC Ltd 10% 04/15/20320.60%
EchoStar Corp 10.75% 11/30/20290.49%
Meridian Arc Holdco LLC 6.25% 04/30/20310.48%
SoftBank Group Corp 9.25% 04/01/20320.36%
SoftBank Group Corp 9.75% 04/01/20340.36%
Cloud Software Group LLC 6.5% 03/31/20290.35%
TransDigm Inc 6.375% 03/01/20290.34%
PR RNO Property Owner 1 LLC 6.5% 05/01/20310.34%
Cloud Software Group LLC 9% 09/30/20290.34%
Quikrete Holdings Inc 6.375% 03/01/20320.33%
EMRLD Borrower LP / Emerald Co-Issuer Inc 6.625% 12/15/20300.30%
SV RNO Property Owner 1 LLC 5.875% 03/01/20310.29%
HUB International Ltd 7.25% 06/15/20300.29%
Nexstar Media Inc 6.5% 09/15/20330.29%
WULF Compute LLC 7.75% 10/15/20300.28%
Rakuten Group Inc 9.75% 04/15/20290.27%
Venture Global LNG Inc 9.5% 02/01/20290.27%
CRC Insurance Group LLC 7.125% 06/01/20310.27%
OAK-Eagle Acquireco Inc 7.25% 07/01/20330.27%
Galaxy Helios Data Centers II LLC 9.875% 08/01/20310.26%
Directv Financing LLC 8.875% 02/01/20300.26%
Asurion LLC/ Asurion Co-Issuer Inc 8% 12/31/20320.26%
Medline Borrower LP 5.25% 10/01/20290.26%
Core Scientific Finance I LLC 7.75% 05/15/20310.26%
Mauser Packaging Solutions Holding Co 7.875% 04/15/20300.25%
TransDigm Inc 6.375% 05/31/20330.24%
TransDigm Inc 6.75% 01/31/20350.24%
1011778 BC ULC / New Red Finance Inc 4% 10/15/20300.24%
CCO Holdings LLC / CCO Holdings Capital Corp 4.75% 03/01/20300.24%
Neptune Bidco US Inc 9.29% 04/15/20290.23%
Centene Corp 4.625% 12/15/20290.23%
OAK-Eagle Acquireco Inc 8.75% 07/01/20340.23%
DaVita Inc 4.625% 06/01/20300.23%
AthenaHealth Group Inc 6.5% 02/15/20300.22%
CCO Holdings LLC / CCO Holdings Capital Corp 5% 02/01/20280.22%
CCO Holdings LLC / CCO Holdings Capital Corp 4.25% 02/01/20310.22%
Level 3 Financing Inc 7% 03/31/20340.21%
UKG Inc 6.875% 02/01/20310.21%
EchoStar Corp 6.75% 11/30/20300.21%
IQVIA Inc 6.25% 06/01/20320.21%
Talen Energy Supply LLC 6.375% 05/01/20330.21%
American Airlines Inc/AAdvantage Loyalty IP Ltd 5.75% 04/20/20290.21%
Allied Universal Holdco LLC/Allied Universal Finance Corp/Atlas Luxco 4 Sarl 4.625% 06/01/20280.21%
CoreWeave Inc 9.75% 10/01/20310.21%
Carrix Inc 6.125% 08/01/20330.21%
Rocket Cos Inc 6.375% 08/01/20330.21%
Allied Universal Holdco LLC 7.875% 02/15/20310.21%
Beach Acquisition Bidco LLC 10% 07/15/20330.21%
APLD ComputeCo LLC 9.25% 12/15/20300.21%
Venture Global LNG Inc 8.375% 06/01/20310.20%

Weight gaps

DDXX and PTBD share no securities.

All DDXX holdings⁠All 1,050 PTBD holdings⁠

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

DDXX vs PTBD Cost

Overpaying PTBD vs DDXX

$6,658

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

DDXX 0.25%
$5,159
PTBD 0.60%
$11,817

Amount$10,000

Years30 years

Cost over time

DDXX 0.25%
PTBD 0.60%
Overpaying

Year by year

Year	DDXX	PTBD	Overpaying
10	$455	$1,076	$621
20	$1,769	$4,116	$2,347
30	$5,159	$11,817	$6,658

Expense ratio

0.25%DDXX, cheaper
0.60%PTBD

DDXX0.25%PTBD0.60%

0.22%1.99%

Middle half of Tactical Allocation funds
Median 0.93%

DDXX 2nd cheapest of 46 funds

PTBD 8th cheapest of 46 funds

DDXX vs PTBD Dividends

Last 12 months to Oct 30, 2026

Yield (12M): DDXX No data; PTBD 6.36%
Payout (12M): DDXX No data; PTBD $1.17
Last payment: DDXX $0.05; PTBD $0.10
Ex-dividend: DDXX Sep 28, 2026; PTBD Oct 22, 2026
Paid on: DDXX Sep 30, 2026; PTBD Oct 26, 2026
Frequency: DDXX Quarterly; PTBD Monthly

Distribution history

Per share, 2023 to 2026, same scale for both

DDXXQuarterly · 4 paymentsAll DDXX payments⁠

PTBDMonthly · 46 paymentsAll PTBD payments⁠

DDXX vs PTBD Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years: DDXX No dataPTBD 5.2%
Return per unit of riskSharpe ratio, 3 years: DDXX No dataPTBD 0.08
Worst fallMax drawdown, 5 years: DDXX No dataPTBD −24.8%
Market sensitivityBeta, 5 years: DDXX 0.79PTBD 0.74; Market = 1

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