BALI vs. QDPL
Compare and contrast key facts about Blackrock Advantage Large Cap Income ETF (BALI) and Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF (QDPL).
BALI and QDPL are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. BALI is an actively managed fund by BlackRock. It was launched on Sep 26, 2023. QDPL is an actively managed fund by Pacer. It was launched on Jul 12, 2021.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BALI or QDPL.
Performance
BALI vs. QDPL - Performance Comparison
Returns By Period
The year-to-date returns for both stocks are quite close, with BALI having a 22.94% return and QDPL slightly lower at 22.80%.
BALI
22.94%
0.94%
10.72%
28.54%
N/A
N/A
QDPL
22.80%
0.78%
10.37%
29.27%
N/A
N/A
Key characteristics
| BALI | QDPL | |
|---|---|---|
| Sharpe Ratio | 2.82 | 2.67 |
| Sortino Ratio | 3.76 | 3.69 |
| Omega Ratio | 1.53 | 1.50 |
| Calmar Ratio | 3.70 | 3.76 |
| Martin Ratio | 16.96 | 17.29 |
| Ulcer Index | 1.69% | 1.71% |
| Daily Std Dev | 10.16% | 11.11% |
| Max Drawdown | -7.74% | -22.59% |
| Current Drawdown | -1.72% | -1.89% |
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BALI vs. QDPL - Expense Ratio Comparison
BALI has a 0.35% expense ratio, which is lower than QDPL's 0.60% expense ratio.
Correlation
The correlation between BALI and QDPL is 0.91, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Risk-Adjusted Performance
BALI vs. QDPL - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Blackrock Advantage Large Cap Income ETF (BALI) and Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF (QDPL). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
BALI vs. QDPL - Dividend Comparison
BALI's dividend yield for the trailing twelve months is around 6.78%, more than QDPL's 5.36% yield.
| TTM | 2023 | 2022 | 2021 | |
|---|---|---|---|---|
BALI Blackrock Advantage Large Cap Income ETF | 6.78% | 2.13% | 0.00% | 0.00% |
QDPL Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF | 5.36% | 6.30% | 7.27% | 2.45% |
Drawdowns
BALI vs. QDPL - Drawdown Comparison
The maximum BALI drawdown since its inception was -7.74%, smaller than the maximum QDPL drawdown of -22.59%. Use the drawdown chart below to compare losses from any high point for BALI and QDPL. For additional features, visit the drawdowns tool.
Volatility
BALI vs. QDPL - Volatility Comparison
Blackrock Advantage Large Cap Income ETF (BALI) and Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF (QDPL) have volatilities of 3.81% and 3.70%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.