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ORO vs PTBD

Arrow Valtoro ETF

OROFCboe

Pacer Trendpilot US Bond ETF

PTBDANYSE Arca

Overlap

Expense ratio

PTBD −0.65pt a year

ORO1.25%PTBD0.60%

Avg volume · 30D

PTBD 23.9×the volume

ORO777PTBD18.6K

ORO vs PTBD Performance

Oct 31, 2025 – Oct 30, 2026

+6.1%ORO−0.1%PTBD

Oct 31, 2025 to Oct 30, 2026. ORO +6.1%. PTBD −0.1%. Use the arrow keys to read each point.−5%10%15%Oct 2025Apr 2026Oct 2026
Expense ratio
ORO 1.25%
PTBD 0.60%, better
Fund size
ORO $3M
PTBD $83M
1Y total return
ORO +6.1%, better
PTBD −0.1%
Yield (12M)
ORO No data
PTBD 6.36%
Holdings
ORO 2
PTBD 1047
Avg volume (30D)
ORO 777 sh
PTBD 18.6K sh, better
NAV per share
ORO $19.60
PTBD $18.34
52W range

ETF.net Grade

ORO: Cost 20, Risk 24, Mission not scored, Tradability 29, Holdings not scored, Durability 12. PTBD: Cost 83, Risk 60, Mission not scored, Tradability 50, Holdings 90, Durability 83.
Pillar letters and Scores for ORO, PTBD, with each pillar’s weight
PillarOROPTBD
Cost30% weightF20A83Higher
Mission25% weightNot scoredNot scored
Risk15% weightF24B60Higher
Tradability15% weightD29C50Higher
Holdings10% weightNot scoredA90
Durability5% weightF12A83Higher

Rank among Tactical Allocation funds

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

Same Category. ORO 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 ORO 45th of 46 funds in the Tactical Allocation Category.

  1. Rank 1AENDWCambria Endowment Style ETFScore 81
  2. Rank 2AGMODGMO Dynamic Allocation ETFScore 76
  3. Rank 3APTBDPacer Trendpilot US Bond ETFScore 72
  4. Rank 4ARISNInspire Capital Appreciation ETFScore 71
  5. Rank 43FQPXAdvisorShares Q Dynamic Growth ETFScore 23
  6. Rank 45FOROArrow Valtoro ETFScore 22
  7. Rank 46FRHTXRH Tactical Outlook ETFScore 20

Our read on each fund

ETF.net Research

OROFArrow Valtoro ETF

PTBDAPacer Trendpilot US Bond ETF

In short

ORO 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

ORO 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

ORO 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

ORO 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 ORO profile⁠

Full PTBD profile⁠

ORO vs PTBD 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.

ORO vs PTBD Cost

Overpaying ORO vs PTBD

$10,798

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

  • ORO 1.25%

    $22,615

  • PTBD 0.60%

    $11,817

$10,000
30 years

Cost over time

  • ORO 1.25%
  • PTBD 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$20K$25K051015202530ORO $22,615PTBD $11,817

Year by year

YearOROPTBDOverpaying
10$2,181$1,076$1,105
20$8,105$4,116$3,989
30$22,615$11,817$10,798

Expense ratio

  • 1.25%ORO
  • 0.60%PTBD, cheaper
  • Middle half of Tactical Allocation funds
  • Median 0.93%

PTBD 8th cheapest of 46 funds

ORO 37th cheapest of 46 funds

ORO vs PTBD Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
ORO No data
PTBD 6.36%
Payout (12M)
ORO None
PTBD $1.17
Last payment
ORO No data
PTBD $0.10
Ex-dividend
ORO No data
PTBD Oct 22, 2026
Paid on
ORO No data
PTBD Oct 26, 2026
Frequency
ORO No data
PTBD Monthly

Distribution history

Per share, 2023 to 2026, same scale for both

OROAll ORO payments⁠

No distribution history available.

PTBDMonthly · 46 paymentsAll PTBD payments⁠
One bar per payment. 46 payments from 2023 to 2026 YTD. Jan 26, 2023 $0.09; Feb 23, 2023 $0.11; Mar 23, 2023 $0.12; Apr 27, 2023 $0.07; May 25, 2023 $0.04; Jun 22, 2023 $0.09; Jul 27, 2023 $0.16; Aug 24, 2023 $0.12; Sep 21, 2023 $0.12; Oct 26, 2023 $0.14; Nov 22, 2023 $0.11; Dec 27, 2023 $0.17; Jan 25, 2024 $0.09; Feb 22, 2024 $0.11; Mar 21, 2024 $0.12; Apr 25, 2024 $0.14; May 23, 2024 $0.09; Jun 27, 2024 $0.18; Jul 25, 2024 $0.11; Aug 22, 2024 $0.09; Sep 26, 2024 $0.06; Oct 24, 2024 $0.08; Nov 21, 2024 $0.10; Dec 27, 2024 $0.15; Jan 23, 2025 $0.07; Feb 26, 2025 $0.12; Mar 27, 2025 $0.10; Apr 24, 2025 $0.03; May 22, 2025 $0.04; Jun 26, 2025 $0.12; Jul 24, 2025 $0.10; Aug 27, 2025 $0.12; Sep 25, 2025 $0.09; Oct 23, 2025 $0.09; Nov 25, 2025 $0.06; Dec 23, 2025 $0.15; Jan 22, 2026 $0.06; Feb 25, 2026 $0.11; Mar 26, 2026 $0.07; Apr 23, 2026 $0.09; May 21, 2026 $0.07; Jun 25, 2026 $0.12; Jul 23, 2026 $0.10; Aug 27, 2026 $0.15; Sep 24, 2026 $0.09; Oct 22, 2026 $0.10. Use the arrow keys to read each point.$0$0.2020232026YTD

ORO vs PTBD Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
ORO 21.2%since Nov 2025PTBD 5.2%
Return per unit of riskSharpe ratio, 3 years
ORO 0.19since Nov 2025PTBD 0.08
Worst fallMax drawdown, 5 years
ORO −14.3%since Oct 2025PTBD −24.8%
Market sensitivityBeta, 5 years
ORO 0.65PTBD 0.74

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