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FV vs PTMC

First Trust Dorsey Wright Focus 5 ETF

FVCNasdaq

Pacer Trendpilot US Mid Cap ETF

PTMCACboe

Overlap

Expense ratio

PTMC −0.29pt a year

FV0.89%PTMC0.60%

Avg volume · 30D

FV 3.9×the volume

FV69.7KPTMC17.9K

10Y return · a year

FV +7.5pt

FV+13.4%PTMC+5.9%

FV vs PTMC Performance

Oct 29, 2021 – Oct 30, 2026

+57.7%FV+15.9%PTMC

Oct 29, 2021 to Oct 30, 2026. FV +57.7%. PTMC +15.9%. Use the arrow keys to read each point.−20%0%40%Oct 2021Apr 2024Oct 2026
Expense ratio
FV 0.89%
PTMC 0.60%, better
Fund size
FV $3.91B
PTMC $370M
1Y total return
FV +22.0%, better
PTMC +13.7%
Yield (12M)
FV 0.35%
PTMC 1.65%, better
Holdings
FV 6
PTMC 402
Avg volume (30D)
FV 69.7K sh, better
PTMC 17.9K sh
NAV per share
FV $75.06
PTMC $39.77
52W range

ETF.net Grade

FV: Cost 21, Risk 41, Mission 89, Tradability 78, Holdings 34, Durability 93. PTMC: Cost 71, Risk 55, Mission not scored, Tradability 76, Holdings 87, Durability 81.
Pillar letters and Scores for FV, PTMC, with each pillar’s weight
PillarFVPTMC
Cost30% weightF21A71Higher
Mission25% weightA89Not scored
Risk15% weightC41B55Higher
Tradability15% weightA78HigherA76
Holdings10% weightD34A87Higher
Durability5% weightA93HigherA81

Rank among Trend-Following / Tactical Index funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. FV and PTMC are both graded against the same 20 Trend-Following / Tactical Index funds, so their Grades compare head to head.

Trend-Following / Tactical Index⁠

Category · 20 funds
See all 20 ›

PTMC ranks 4th and FV 13th of 20 funds in the Trend-Following / Tactical Index Category.

  1. Rank 1AWAMAWisdomTree US Adaptive Moving Average FundScore 80
  2. Rank 2APTLCPacer Trendpilot US Large Cap ETFScore 76
  3. Rank 3AONOFGlobal X Adaptive U.S. Risk Management ETFScore 75
  4. Rank 4APTMCPacer Trendpilot US Mid Cap ETFScore 71
  5. Rank 5BWIMAWisdomTree International Adaptive Moving Average FundScore 68
  6. Rank 12CPTEUPacer Trendpilot European Index ETFScore 46
  7. Rank 13CFVFirst Trust Dorsey Wright Focus 5 ETFScore 43
  8. Rank 14CTRNDPacer Trendpilot Fund of Funds ETFScore 42

Our read on each fund

ETF.net Research

FVCFirst Trust Dorsey Wright Focus 5 ETF

PTMCAPacer Trendpilot US Mid Cap ETF

In short

FV Sector rotation in one ticker: FV holds five First Trust sector ETFs, equally weighted, chosen by Dorsey Wright relative strength and re-checked twice a month. Momentum investing on autopilot since 2014.

PTMC A mid-cap index fund with a seatbelt built in. PTMC tracks a rules-based trend index that shifts the portfolio between roughly 400 US mid-cap stocks and defensive positioning, with no manager judgment in the loop. Running since 2015.

Stated mandate

FV The ETF seeks to track, before fees and expenses, the price and yield of the Dorsey Wright Focus Five Index. The index uses relative strength to select five First Trust sector and industry ETFs from its universe, reviews selections twice monthly, and equally weights the positions.

PTMC The Fund seeks to track, before fees and expenses, the total return of the Pacer Trendpilot US Mid Cap Index.

Why people hold it

  • FV One ticker does the rotating: relative strength picks five sector and industry ETFs, weights them equally, and reviews the lineup twice a month. No spreadsheet, no manual trades.ftportfolios.com
  • The strategy is stated on the tin. Dorsey Wright's relative strength rules drive every pick, and momentum is advertised rather than buried in the fine print.ftportfolios.com
  • Live since March 2014, now a multi-billion-dollar fund that trades in reasonable size and distributes quarterly. Long track record for a rules-based rotation strategy.
  • PTMC The trend rules do the deciding, not a portfolio manager's gut: the index itself dictates when to hold mid-cap equities and when to shift defensive.paceretfs.com
  • Under the overlay sits a plain, broad basket of roughly 400 US mid caps, not a handful of concentrated picks.
  • Live since 2015, so the signal has run through real market drawdowns and recoveries rather than a backtest.

Worth knowing

  • FV At 0.89% a year, it sits well above the median for index-tracking funds in its peer group, and a fund-of-funds build means costs sit at two levels.
  • Five equal-weighted sector sleeves is a concentrated book, and whole sectors can enter or exit twice a month, so high turnover is part of the design.ftportfolios.com
  • The selection menu is First Trust's own sector and industry ETFs, not the full universe of funds, so results ride on that lineup.
  • PTMC The 0.60% fee buys the rules, not more stocks. Plain index wrappers in the same peer group, like VXF at 0.05%, simply hold the market and skip the overlay.
  • Trend systems move on sustained direction, so a sharp drop and fast snapback can whipsaw the signal in both directions.paceretfs.com
  • It trades lightly next to vanilla mid-cap index funds, which tends to mean wider bid-ask spreads at the moment of the trade.

Full FV profile⁠

Full PTMC profile⁠

FV vs PTMC Holdings

As of
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.

FV vs PTMC Cost

Overpaying FV vs PTMC

$5,055

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

  • FV 0.89%

    $16,872

  • PTMC 0.60%

    $11,817

$10,000
30 years

Cost over time

  • FV 0.89%
  • PTMC 0.60%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K051015202530FV $16,872PTMC $11,817

Year by year

YearFVPTMCOverpaying
10$1,576$1,076$500
20$5,953$4,116$1,837
30$16,872$11,817$5,055

Expense ratio

  • 0.89%FV
  • 0.60%PTMC, cheaper
  • Middle half of Trend-Following / Tactical Index funds
  • Median 0.67%

PTMC 6th cheapest of 20 funds

FV 16th cheapest of 20 funds

FV vs PTMC Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
FV 0.35%
PTMC 1.65%, better
Payout (12M)
FV $0.26
PTMC $0.66
Last payment
FV $0.08
PTMC $0.66
Ex-dividend
FV Jun 25, 2026
PTMC Dec 30, 2025
Paid on
FV Jun 30, 2026
PTMC Jan 5, 2026
Frequency
FV Quarterly
PTMC Annual

Distribution history

Per share, 2017 to 2026, same scale for both

FVQuarterly · 32 paymentsAll FV payments⁠
One bar per payment. 32 payments from 2017 to 2026 YTD. Jun 22, 2017 $0.02; Sep 21, 2017 $0.05; Dec 21, 2017 $0.11; Mar 22, 2018 $0.0015; Jun 21, 2018 $0.02; Sep 14, 2018 $0.02; Dec 18, 2018 $0.0008; Mar 21, 2019 $0.01; Jun 14, 2019 $0.0088; Sep 25, 2019 $0.07; Dec 13, 2019 $0.08; Mar 26, 2020 $0.03; Sep 23, 2021 $0.02; Dec 23, 2021 $0.03; Mar 25, 2022 $0.09; Jun 24, 2022 $0.17; Sep 23, 2022 $0.15; Dec 23, 2022 $0.23; Mar 24, 2023 $0.14; Jun 27, 2023 $0.05; Sep 22, 2023 $0.0096; Dec 22, 2023 $0.05; Mar 21, 2024 $0.007; Jun 27, 2024 $0.02; Sep 26, 2024 $0.02; Dec 13, 2024 $0.04; Mar 27, 2025 $0.06; Jun 26, 2025 $0.10; Sep 25, 2025 $0.10; Dec 12, 2025 $0.14; Mar 26, 2026 $0.05; Jun 25, 2026 $0.08. Use the arrow keys to read each point.$0$0.502017202020232026YTD
PTMCAnnual · 9 paymentsAll PTMC payments⁠
One bar per payment. 9 payments from 2017 to 2026 YTD. Dec 27, 2017 $0.21; Dec 24, 2018 $0.28; Dec 24, 2019 $0.43; Dec 21, 2020 $0.17; Dec 23, 2021 $0.04; Dec 22, 2022 $0.26; Dec 27, 2023 $0.63; Dec 27, 2024 $0.32; Dec 30, 2025 $0.66. Use the arrow keys to read each point.$0$0.502017202020232026YTD

FV vs PTMC Risk

Fall from peak · 5 years

  • FV
  • PTMC
Oct 29, 2021 to Oct 30, 2026. Worst fall: FV −23.1% · Apr 2025. Use the arrow keys to read each point.−20%−15%−10%−5%0%Oct 2021Apr 2024Oct 2026

Risk facts

VolatilityStd dev, 3 years
FV 17.5%PTMC 14.2%, better
Return per unit of riskSharpe ratio, 3 years
FV 0.97, betterPTMC 0.48
Worst fallMax drawdown, 5 years
FV −23.1%PTMC −16.9%, better
Market sensitivityBeta, 5 years
FV 1.24PTMC 0.77

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