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IMCV vs PAMC

iShares Morningstar Mid-Cap Value ETF

IMCVANasdaq

Pacer Lunt MidCap Multi-Factor Alternator ETF

PAMCFNYSE Arca

Overlap

Expense ratio

IMCV −0.54pt a year

IMCV0.06%PAMC0.60%

Avg volume · 30D

IMCV 17.3×the volume

IMCV38.9KPAMC2.24K

5Y return · a year

IMCV +4.1pt

IMCV+11.0%PAMC+6.9%

IMCV vs PAMC Performance

Oct 29, 2021 – Oct 30, 2026

+68.3%IMCV+39.6%PAMC

Oct 29, 2021 to Oct 30, 2026. IMCV +68.3%. PAMC +39.6%. Use the arrow keys to read each point.−20%0%20%Oct 2021Apr 2024Oct 2026
Expense ratio
IMCV 0.06%, better
PAMC 0.60%
Fund size
IMCV $1.27B
PAMC $48M
1Y total return
IMCV +27.0%, better
PAMC +6.9%
Yield (12M)
IMCV 1.84%, better
PAMC 1.35%
Holdings
IMCV 271
PAMC 116
Avg volume (30D)
IMCV 38.9K sh, better
PAMC 2.24K sh
NAV per share
IMCV $99.16
PAMC $48.29
52W range

ETF.net Grade

IMCV: Cost 96, Risk 77, Mission 76, Tradability 69, Holdings 69, Durability 77. PAMC: Cost 15, Risk 12, Mission not scored, Tradability 30, Holdings 60, Durability 21.
Pillar letters and Scores for IMCV, PAMC, with each pillar’s weight
PillarIMCVPAMC
Cost30% weightA96HigherF15
Mission25% weightA76Not scored
Risk15% weightA77HigherF12
Tradability15% weightB69HigherD30
Holdings10% weightB69HigherB60
Durability5% weightA77HigherF21

Rank among US Multifactor funds

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

Same Category. IMCV and PAMC are both graded against the same 99 US Multifactor funds, so their Grades compare head to head.

US Multifactor⁠

Category · 99 funds
See all 99 ›

IMCV ranks 4th and PAMC 97th of 99 funds in the US Multifactor Category.

  1. Rank 1AVONVVanguard Russell 1000 Value ETFScore 85
  2. Rank 2AILCViShares Morningstar Value ETFScore 81
  3. Rank 2AVYMVanguard High Dividend Yield ETFScore 81
  4. Rank 4AIMCViShares Morningstar Mid-Cap Value ETFScore 80
  5. Rank 5ADCORU.S. Core Equity 1 Portfolio ETF Class SharesScore 79
  6. Rank 96DBAGXEA Bridgeway Aggressive Investors ETFScore 25
  7. Rank 97FPAMCPacer Lunt MidCap Multi-Factor Alternator ETFScore 23
  8. Rank 98FFCTRFirst Trust Lunt U.S. Factor Rotation ETFScore 19

Our read on each fund

ETF.net Research

IMCVAiShares Morningstar Mid-Cap Value ETF

PAMCFPacer Lunt MidCap Multi-Factor Alternator ETF

In short

IMCV No data

PAMC Most multi-factor funds blend momentum, quality, value and low volatility into one smoothie. This one alternates instead, rotating among those factors inside the S&P MidCap 400. Factor timing, not factor averaging.

Stated mandate

IMCV No data

PAMC The fund seeks long-term capital appreciation by rotating among momentum, quality, value and volatility factors within S&P MidCap 400 companies.

Why people hold it

IMCV No data

  • PAMC The alternator twist: rather than averaging four factors together, it rotates among momentum, quality, value and low volatility. One flavor at a time, by design.
  • It hunts in mid-caps. The pond is S&P MidCap 400 companies, roughly 150 names held, while most multi-factor rivals crowd into large-cap value and growth.
  • Rules run it, not a hunch. It follows the Lunt Capital U.S. MidCap Multi-Factor Rotation Index, has been live since 2020, and distributes quarterly.

Worth knowing

IMCV No data

  • PAMC The rotation costs 0.60% a year, close to double the typical multi-factor fund and ten times a plain-vanilla peer such as VONV at 0.06%.
  • Rotation cuts both ways. When factor leadership flips fast, the switch can land late, and holding one factor means sitting out whichever one is running.
  • Thinly traded with a modest asset base, so bid-ask spreads tend to run wider than on the household names of the factor aisle.

Full IMCV profile⁠

Full PAMC profile⁠

IMCV vs PAMC 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.

IMCV vs PAMC Cost

Overpaying PAMC vs IMCV

$10,547

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

  • IMCV 0.06%

    $1,270

  • PAMC 0.60%

    $11,817

$10,000
30 years

Cost over time

  • IMCV 0.06%
  • PAMC 0.60%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2.5K$5K$7.5K$10K$12.5K051015202530PAMC $11,817IMCV $1,270

Year by year

YearIMCVPAMCOverpaying
10$110$1,076$966
20$432$4,116$3,684
30$1,270$11,817$10,547

Expense ratio

  • 0.06%IMCV, cheaper
  • 0.60%PAMC
  • Middle half of US Multifactor funds
  • Median 0.29%

IMCV 4th cheapest of 99 funds

PAMC 82nd cheapest of 99 funds

IMCV vs PAMC Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
IMCV 1.84%, better
PAMC 1.35%
Payout (12M)
IMCV $1.83
PAMC $0.65
Last payment
IMCV $0.52
PAMC $0.16
Ex-dividend
IMCV Sep 15, 2026
PAMC Sep 3, 2026
Paid on
IMCV Sep 18, 2026
PAMC Sep 8, 2026
Frequency
IMCV Quarterly
PAMC Quarterly

Distribution history

Per share, 2017 to 2026, same scale for both

IMCVQuarterly · 39 paymentsAll IMCV payments⁠
One bar per payment. 39 payments from 2017 to 2026 YTD. Mar 24, 2017 $0.22; Jun 27, 2017 $0.24; Sep 26, 2017 $0.26; Dec 19, 2017 $0.27; Mar 22, 2018 $0.27; Jun 26, 2018 $0.27; Sep 26, 2018 $0.31; Dec 17, 2018 $0.35; Mar 20, 2019 $0.30; Jun 17, 2019 $0.33; Sep 24, 2019 $0.34; Dec 16, 2019 $0.41; Mar 25, 2020 $0.49; Jun 15, 2020 $0.27; Sep 23, 2020 $0.33; Dec 14, 2020 $0.27; Mar 25, 2021 $0.31; Jun 10, 2021 $0.24; Sep 24, 2021 $0.36; Dec 13, 2021 $0.36; Mar 24, 2022 $0.33; Jun 9, 2022 $0.27; Sep 26, 2022 $0.42; Dec 13, 2022 $0.44; Mar 23, 2023 $0.37; Jun 7, 2023 $0.28; Sep 26, 2023 $0.44; Dec 20, 2023 $0.47; Mar 21, 2024 $0.33; Jun 11, 2024 $0.37; Sep 25, 2024 $0.55; Dec 17, 2024 $0.52; Mar 18, 2025 $0.44; Jun 16, 2025 $0.44; Sep 16, 2025 $0.42; Dec 16, 2025 $0.54; Mar 17, 2026 $0.35; Jun 15, 2026 $0.42; Sep 15, 2026 $0.52. Use the arrow keys to read each point.$0$0.502017202020232026YTD
PAMCQuarterly · 24 paymentsAll PAMC payments⁠
One bar per payment. 24 payments from 2017 to 2026 YTD. Sep 21, 2020 $0.02; Dec 21, 2020 $0.08; Mar 22, 2021 $0.007; Jun 21, 2021 $0.06; Sep 23, 2021 $0.02; Dec 23, 2021 $0.05; Mar 24, 2022 $0.09; Jun 23, 2022 $0.11; Sep 22, 2022 $0.09; Dec 22, 2022 $0.12; Mar 23, 2023 $0.07; Jun 22, 2023 $0.03; Sep 21, 2023 $0.07; Dec 27, 2023 $0.10; Mar 21, 2024 $0.05; Jun 27, 2024 $0.05; Sep 26, 2024 $0.14; Dec 27, 2024 $0.21; Jun 5, 2025 $0.06; Sep 4, 2025 $0.11; Dec 30, 2025 $0.35; Mar 5, 2026 $0.09; Jun 4, 2026 $0.06; Sep 3, 2026 $0.16. Use the arrow keys to read each point.$0$0.502017202020232026YTD

IMCV vs PAMC Risk

Fall from peak · 5 years

  • IMCV
  • PAMC
Oct 29, 2021 to Oct 30, 2026. Worst fall: PAMC −26.6% · Sep 2022. Use the arrow keys to read each point.−25%−20%−15%−10%−5%0%Oct 2021Apr 2024Oct 2026

Risk facts

VolatilityStd dev, 3 years
IMCV 13.6%, betterPAMC 17.7%
Return per unit of riskSharpe ratio, 3 years
IMCV 1.22, betterPAMC 0.63
Worst fallMax drawdown, 5 years
IMCV −19.9%, betterPAMC −26.6%
Market sensitivityBeta, 5 years
IMCV 0.88PAMC 1.04

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