PIPE vs TRND

Comparison between Invesco SteelPath MLP & Energy Infrastructure ETF (PIPE, ETF) and PACER TRENDPILOT FUND OF FUNDS ETF (TRND, ETF).

PIPE vs TRND - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	PIPE(ETF)	TRND(ETF)
Net Assets	$63M	$63M
Expense Ratio	0.75%	0.77%
Max Drawdown	15.69%	18.33%
Sharpe Ratio	1.65	1.30
5Y Beta	0.49	0.54
P/E Ratio	27.30	N/A
Forward P/E	17.54	N/A
PEG Ratio	1.00	N/A
5Y Dividends CAGR	N/A	35.79%
P/S Ratio	0.76	N/A
P/B Ratio	3.59	N/A

Net Assets

Winner

PIPE

$63M

TRND

$63M

Expense Ratio

Winner

PIPE

0.75%

TRND

0.77%

Max Drawdown

Winner

PIPE

15.69%

TRND

18.33%

Sharpe Ratio

Winner

PIPE

1.65

TRND

1.30

5Y Beta

Winner

PIPE

0.49

TRND

0.54

P/E Ratio

PIPE

27.30

TRND

N/A

Forward P/E

PIPE

17.54

TRND

N/A

PEG Ratio

PIPE

1.00

TRND

N/A

5Y Dividends CAGR

PIPE

N/A

TRND

35.79%

P/S Ratio

PIPE

0.76

TRND

N/A

P/B Ratio

PIPE

3.59

TRND

N/A

PIPE vs TRND - Holdings Comparison

PIPE and TRND have 0 common holdings. Overlap is 0.00%

PIPE's top 25 holdings weight is 99.18%. TRND's top 25 holdings weight is 100.00%.

Rank	PIPE	TRND
#1	TARGA RESOURCES CORP (TRGP) - 7.66%	PACER TRENDPILOT„¢ 100 ETF (PTNQ) - 21.20%
#2	WILLIAMS COMPANIES INC (WMB) - 6.55%	PACER TRENDPILOT„¢ US MID CAP ETF (PTMC) - 20.30%
#3	TC ENERGY CORP (n/a) - 5.96%	PACER TRENDPILOT INTERNATIONAL ETF (PTIN) - 20.13%
#4	PLAINS GP HOLDINGS LP CLASS A (PAGP) - 5.85%	PACER TRENDPILOT„¢ US LARGE CAP ETF (PTLC) - 19.86%
#5	ONEOK INC (OKE) - 4.96%	PACER TRENDPILOT US BOND ETF (PTBD) - 18.51%
#6	KODIAK GAS SERVICES INC (KGS) - 4.85%	N/A
#7	CHENIERE ENERGY INC (LNG) - 4.82%	N/A
#8	PEMBINA PIPELINE CORP (n/a) - 4.62%	N/A
#9	KINDER MORGAN INC CLASS P (KMI) - 4.57%	N/A
#10	ENBRIDGE INC (n/a) - 4.50%	N/A
#11	ENERGY TRANSFER LP (ET) - 4.47%	N/A
#12	KEYERA CORP (n/a) - 4.35%	N/A
#13	ENTERPRISE PRODUCTS PARTNERS LP (EPD) - 4.28%	N/A
#14	MPLX LP PARTNERSHIP UNITS (MPLX) - 3.84%	N/A
#15	SOUTH BOW CORP (SOBO) - 3.54%	N/A
#16	GENESIS ENERGY LP (GEL) - 3.46%	N/A
#17	ANTERO MIDSTREAM CORP (AM) - 3.21%	N/A
#18	SUNOCOCORP LLC COMMON UNITS (SUNC) - 3.04%	N/A
#19	KINETIK HOLDINGS INC (KNTK) - 2.75%	N/A
#20	WESTERN MIDSTREAM PARTNERS LP (WES) - 2.61%	N/A
#21	DT MIDSTREAM INC ORDINARY SHARES (DTM) - 2.40%	N/A
#22	ARCHROCK INC (AROC) - 2.30%	N/A
#23	ALTAGAS LTD (n/a) - 1.92%	N/A
#24	HESS MIDSTREAM LP CLASS A (HESM) - 1.58%	N/A
#25	GIBSON ENERGY INC (n/a) - 1.09%	N/A
Total Holdings	26	5

PIPE vs TRND - Historical Returns

Returns include dividend reinvestment.

Period	PIPE	TRND
1 month	+0.48%	+1.94%
3 months	+5.56%	+9.80%
6 months	+27.45%	+9.67%
1 year	+29.24%	+19.86%
5 years(CAGR)	N/A	+5.97%
Max(CAGR)	+20.43%	+7.14%

PIPE

+0.48%

Winner

TRND

+1.94%

PIPE

+5.56%

Winner

TRND

+9.80%

Winner

PIPE

+27.45%

TRND

+9.67%

Winner

PIPE

+29.24%

TRND

+19.86%

5Y(CAGR)

PIPE

N/A

TRND

+5.97%

Max(CAGR)

Winner

PIPE

+20.43%

TRND

+7.14%

PIPE vs TRND - Annual Returns (2019 - 2026)

Returns include dividend reinvestment.

Year	PIPE	TRND
2026	+26.10%	+9.03%
2025	+0.16%	+6.12%
2024	N/A	+12.36%
2023	N/A	+16.29%
2022	N/A	-15.44%
2021	N/A	+13.57%
2020	N/A	+3.69%
2019	N/A	+7.79%

PIPE vs TRND Drawdown Comparison

The maximum drawdown for PIPE was -15.69%, occurring on Apr 8, 2025. Recovery took 201 trading sessions.

The maximum drawdown for TRND was -17.88%, occurring on Mar 16, 2020. Recovery took 215 trading sessions.

The current PIPE drawdown is -4.11%. The current TRND drawdown is -1.15%.

Rank	PIPE	TRND
#1	-15.69% Apr 2, 2025 - Jan 21, 2026	-17.88% Feb 12, 2020 - Dec 17, 2020
#2	-7.21% May 19, 2026 - May 29, 2026	-16.21% Dec 29, 2021 - Feb 9, 2024
#3	-5.80% Feb 20, 2025 - Mar 17, 2025	-9.56% Feb 19, 2025 - Oct 6, 2025
#4	-5.61% Mar 30, 2026 - Apr 30, 2026	-8.00% Feb 25, 2026 - Apr 30, 2026
#5	-3.63% Apr 30, 2026 - May 14, 2026	-6.65% Jul 16, 2024 - Aug 23, 2024
#6	-1.78% Mar 2, 2026 - Mar 19, 2026	-6.45% May 6, 2019 - Jul 3, 2019
#7	-1.48% Mar 24, 2025 - Apr 2, 2025	-6.34% Jul 24, 2019 - Oct 24, 2019
#8	-1.41% Jan 29, 2026 - Feb 3, 2026	-4.60% Oct 28, 2025 - Dec 10, 2025
#9	-0.88% Mar 20, 2025 - Mar 24, 2025	-4.51% Mar 28, 2024 - May 14, 2024
#10	-0.61% Mar 19, 2026 - Mar 23, 2026	-3.96% Dec 4, 2024 - Feb 13, 2025
#11	-0.37% Feb 13, 2026 - Feb 19, 2026	-3.92% Jan 17, 2020 - Feb 6, 2020
#12	-0.16% Feb 11, 2026 - Feb 13, 2026	-3.83% Jun 2, 2026 - Jun 10, 2026
#13	-0.16% Feb 23, 2026 - Feb 26, 2026	-3.65% Nov 8, 2021 - Dec 28, 2021
#14	-0.12% Mar 26, 2026 - Mar 30, 2026	-3.53% Sep 3, 2021 - Nov 1, 2021
#15	-0.09% Mar 17, 2025 - Mar 19, 2025	-3.35% Feb 16, 2021 - Apr 1, 2021