QDPL vs QQQ
Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF vs Invesco QQQ Trust, Series 1
Which is better, QDPL or QQQ?
Large Cap Blend against Large Cap Growth.
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.92. QDPL is less concentrated, with 34.8% of the fund in its ten largest positions against 46.5%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | QDPL | QQQ |
|---|---|---|
| Expense Ratio | 0.60% | 0.18%Best |
| AUM | $1.8B | $483.5B |
| Dividend Yield | 4.62% | 0.44% |
| Holdings | 519 | 107 |
| YTD Return | +10.59% | +15.94%Best |
| 1Y Return | +15.36% | +20.44%Best |
| 3Y Return (annualized) | +19.44% | +24.86%Best |
| 5Y Return (annualized) | +11.94% | +14.26%Best |
| Volatility (annualized) | 13.9%Best | 20.8% |
| Max Drawdown | -22.6%Best | -35.1% |
| $10,000 over 5 years | $17,576 | $19,475Best |
| Top 10 Weight | 34.8%Best | 46.5% |
| Fund Family | Pacer ETFs | Invesco (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Growth |
| Inception | Jul 12, 2021 | Mar 10, 1999 |
Volatility and max drawdown are measured over the window both funds cover: Jul 13, 2021 to Sep 14, 2026 (5.2 years).
QDPL vs QQQ growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 5.2 years both funds cover.
QDPL vs QQQ Performance
Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF (QDPL) is an ETF from Pacer ETFs and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year QDPL returned +15.36% while QQQ returned +20.44%. Year to date, QDPL is up 10.59% versus a gain of 15.94% for QQQ.
Over three years, QDPL compounded at +19.44% per year against +24.86% for QQQ; over five years the annualized figures are +11.94% and +14.26% respectively.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 20.8% compared with 13.9% for QDPL. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -22.6% for QDPL and -35.1% for QQQ. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.92. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
QDPL charges 0.60% per year while QQQ charges 0.18%. On a $10,000 position that is $60 vs $18 annually, a gap of $42 per year that compounds over a long holding period. On income, QDPL currently yields 4.62% against 0.44% for QQQ.
Holdings Overlap
49.4% of QDPL's money is in holdings QQQ also owns. 94.6% of QQQ's money is in holdings QDPL also owns.
Most of QQQ is already inside QDPL. Owning both mostly buys the same companies twice.
87 positions in common, counted across the 500 positions we hold weights for in QDPL and 102 in QQQ, against full books of 519 and 107.
What only one of them owns
Our book lists 9 positions for QQQ that do not appear in our book for QDPL (2.9% of the fund), and 405 for QDPL that do not appear in QQQ (49.2%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in QDPL | Weight in QQQ | Difference |
|---|---|---|---|
| NVDANvidia Corp | 7.68% | 8.44% | 0.76% |
| AAPLApple, Inc | 6.47% | 7.27% | 0.80% |
| MSFTMicrosoft Corp | 5.11% | 5.76% | 0.65% |
| AMZNAmazon.Com Inc | 3.48% | 4.67% | 1.19% |
| GOOGLAlphabet Inc,class A | 2.73% | 3.36% | 0.63% |
| MUMicron Technology, Inc. | 1.58% | 4.43% | 2.85% |
| AVGOBroadcom Inc | 2.33% | 3.16% | 0.83% |
| GOOGAlphabet Inc | 2.18% | 3.13% | 0.95% |
| METAMeta Platforms Inc | 1.86% | 2.78% | 0.92% |
| AMDAdvanced Micro Devices Inc | 1.07% | 3.45% | 2.38% |
94.6% of QQQ is already inside QDPL.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, QDPL or QQQ?
QDPL has an expense ratio of 0.60% while QQQ charges 0.18%. QQQ is the cheaper option, by $42 a year on a $10,000 investment.
Which performed better, QDPL or QQQ?
Over the past year QDPL returned +15.36% vs +20.44% for QQQ, so QQQ leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, QDPL or QQQ?
QQQ has been the more volatile fund at 20.8% annualized versus 13.9% for QDPL. Worst drawdown: QDPL -22.6% vs QQQ -35.1%.
Should I hold both QDPL and QQQ?
QDPL and QQQ have a monthly-return correlation of 0.92, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
What is the holdings overlap between QDPL and QQQ?
94.6% of QQQ's money is in holdings QDPL also owns. 94.6% of QQQ's is in holdings QDPL also owns. They hold 87 positions in common, counted across the 500 positions we hold weights for in QDPL and 102 in QQQ.
Which pays a higher dividend, QDPL or QQQ?
QDPL yields 4.62% while QQQ yields 0.44%, so QDPL currently pays the higher dividend yield.
Is QQQ better than QDPL?
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.92. QDPL is less concentrated, with 34.8% of the fund in its ten largest positions against 46.5%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.