FTQI vs. QDPL
Compare and contrast key facts about First Trust Nasdaq BuyWrite Income ETF (FTQI) and Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF (QDPL).
FTQI and QDPL are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FTQI is a passively managed fund by First Trust that tracks the performance of the NASDAQ-100 Index. It was launched on Jan 6, 2014. 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: FTQI or QDPL.
Correlation
The correlation between FTQI and QDPL is 0.82, 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.
Performance
FTQI vs. QDPL - Performance Comparison
Key characteristics
FTQI:
1.89
QDPL:
2.23
FTQI:
2.49
QDPL:
3.06
FTQI:
1.38
QDPL:
1.42
FTQI:
2.31
QDPL:
3.20
FTQI:
11.13
QDPL:
14.40
FTQI:
1.76%
QDPL:
1.75%
FTQI:
10.40%
QDPL:
11.30%
FTQI:
-18.60%
QDPL:
-22.59%
FTQI:
-1.55%
QDPL:
-2.47%
Returns By Period
In the year-to-date period, FTQI achieves a 19.04% return, which is significantly lower than QDPL's 23.46% return.
FTQI
19.04%
2.25%
9.51%
19.09%
6.77%
5.92%
QDPL
23.46%
0.15%
8.11%
24.09%
N/A
N/A
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FTQI vs. QDPL - Expense Ratio Comparison
FTQI has a 0.75% expense ratio, which is higher than QDPL's 0.60% expense ratio.
Risk-Adjusted Performance
FTQI vs. QDPL - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust Nasdaq BuyWrite Income ETF (FTQI) 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
FTQI vs. QDPL - Dividend Comparison
FTQI's dividend yield for the trailing twelve months is around 12.48%, more than QDPL's 5.33% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
FTQI First Trust Nasdaq BuyWrite Income ETF | 12.48% | 11.49% | 9.85% | 3.05% | 3.27% | 2.95% | 3.27% | 2.77% | 3.04% | 3.32% | 3.30% |
QDPL Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF | 5.33% | 6.30% | 7.27% | 2.45% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
FTQI vs. QDPL - Drawdown Comparison
The maximum FTQI drawdown since its inception was -18.60%, smaller than the maximum QDPL drawdown of -22.59%. Use the drawdown chart below to compare losses from any high point for FTQI and QDPL. For additional features, visit the drawdowns tool.
Volatility
FTQI vs. QDPL - Volatility Comparison
The current volatility for First Trust Nasdaq BuyWrite Income ETF (FTQI) is 2.64%, while Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF (QDPL) has a volatility of 3.24%. This indicates that FTQI experiences smaller price fluctuations and is considered to be less risky than QDPL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.