ESBG vs. QQWZ

Last updated Apr 2, 2026

Compare and contrast key facts about First Trust Enhanced Stocks, Bonds & Gold ETF (ESBG) and Pacer Cash COWZ 100-Nasdaq 100 Rotator ETF (QQWZ).

ESBG and QQWZ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. ESBG is an actively managed fund by First Trust. It was launched on Nov 19, 2025. QQWZ is an actively managed fund by Pacer. It was launched on May 6, 2025.

Performance

ESBG vs. QQWZ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in First Trust Enhanced Stocks, Bonds & Gold ETF (ESBG) and Pacer Cash COWZ 100-Nasdaq 100 Rotator ETF (QQWZ). The values are adjusted to include any dividend payments, if applicable.

ESBG vs. QQWZ - Yearly Performance Comparison

	2026 (YTD)	2025
ESBG First Trust Enhanced Stocks, Bonds & Gold ETF	2.00%	5.72%
QQWZ Pacer Cash COWZ 100-Nasdaq 100 Rotator ETF	5.02%	1.73%

Returns By Period

In the year-to-date period, ESBG achieves a 2.00% return, which is significantly lower than QQWZ's 5.02% return.

ESBG

• 1D: 1.58%
• 1M: -11.95%
• YTD: 2.00%
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

QQWZ

• 1D: 0.26%
• 1M: -2.62%
• YTD: 5.02%
• 6M: 5.73%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

ESBG vs. QQWZ - Expense Ratio Comparison

ESBG has a 0.95% expense ratio, which is higher than QQWZ's 0.49% expense ratio.

ESBG

First Trust Enhanced Stocks, Bonds & Gold ETF

QQWZ

Pacer Cash COWZ 100-Nasdaq 100 Rotator ETF

Return for Risk

ESBG vs. QQWZ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for First Trust Enhanced Stocks, Bonds & Gold ETF (ESBG) and Pacer Cash COWZ 100-Nasdaq 100 Rotator ETF (QQWZ). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	ESBG	QQWZ	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	0.85	2.54	-1.69

Correlation

The correlation between ESBG and QQWZ is 0.38, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

ESBG vs. QQWZ - Dividend Comparison

ESBG's dividend yield for the trailing twelve months is around 0.59%, more than QQWZ's 0.35% yield.

	TTM	2025
ESBG First Trust Enhanced Stocks, Bonds & Gold ETF	0.59%	0.24%
QQWZ Pacer Cash COWZ 100-Nasdaq 100 Rotator ETF	0.35%	0.11%

Drawdowns

ESBG vs. QQWZ - Drawdown Comparison

The maximum ESBG drawdown since its inception was -18.84%, which is greater than QQWZ's maximum drawdown of -7.81%. Use the drawdown chart below to compare losses from any high point for ESBG and QQWZ.

Drawdown Indicators

	ESBG	QQWZ	Difference
Max Drawdown Largest peak-to-trough decline	-18.84%	-7.81%	-11.03%
Current Drawdown Current decline from peak	-13.50%	-3.36%	-10.14%
Average Drawdown Average peak-to-trough decline	-4.28%	-1.30%	-2.98%

Volatility

Volatility by Period

	ESBG	QQWZ	Difference
Volatility (1Y) Calculated over the trailing 1-year period	27.69%	14.48%	+13.21%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	27.69%	14.48%	+13.21%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	27.69%	14.48%	+13.21%