PTBD vs WBIG

PTBDAPacer Trendpilot US Bond ETF

WBIGCWBI BullBear Yield 3000 ETF

In short

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.

WBIG A dividend-tilted stock picker with a sell button. WBI pairs multifactor screens with a dynamic trailing stop process that shifts the portfolio toward cash when prices roll over, aiming to cushion drawdowns rather than hug a benchmark.

Stated mandate

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.

WBIG The Fund seeks long-term capital appreciation and potential current income while also seeking to protect principal during unfavorable market conditions.

Why people hold it

• 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.

• WBIG The exit is the product: multifactor stock selection paired with a dynamic trailing stop-loss process, so losing positions can be sold into cash equivalents instead of ridden down.sec.gov
• Downside is written into the mandate: long-term capital appreciation and potential income while also seeking to protect principal in unfavorable markets.
• Unapologetically active. It does not try to replicate an index, so the portfolio can look nothing like the market it is measured against.sec.gov
• Trading live since 2014, so the discipline has been tested through real market cycles, not a backtest.

Worth knowing

• 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.

• WBIG Costs 1.49% a year, well above the typical tactical multi-asset fund. That is the price tag on active selection and the stop-loss overlay.
• Cash cuts both ways: the allocation that can help when benchmarks fall also tends to hold the fund back when they rise.sec.gov
• Small and thinly traded, so spreads can be wide. Distributions arrive irregularly rather than on a set monthly or quarterly schedule.

Full PTBD profile⁠

Full WBIG profile⁠