GQETX vs. LCOW

Last updated Apr 2, 2026

Compare and contrast key facts about GMO Quality Fund (GQETX) and Pacer S&P 500 Quality FCF Aristocrats ETF (LCOW).

GQETX is managed by GMO. It was launched on Feb 6, 2004. LCOW is a passively managed fund by Pacer that tracks the performance of the S&P 500 Quality FCF Aristocrats Index. It was launched on May 6, 2025.

Performance

GQETX vs. LCOW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in GMO Quality Fund (GQETX) and Pacer S&P 500 Quality FCF Aristocrats ETF (LCOW). The values are adjusted to include any dividend payments, if applicable.

GQETX vs. LCOW - Yearly Performance Comparison

	2026 (YTD)	2025
GQETX GMO Quality Fund	-7.00%	19.50%
LCOW Pacer S&P 500 Quality FCF Aristocrats ETF	-6.47%	20.51%

Returns By Period

In the year-to-date period, GQETX achieves a -7.00% return, which is significantly lower than LCOW's -6.47% return.

GQETX

• 1D: 2.81%
• 1M: -6.44%
• YTD: -7.00%
• 6M: -2.28%
• 1Y: 12.44%
• 3Y*: 15.83%
• 5Y*: 11.72%
• 10Y*: 14.85%

LCOW

• 1D: 0.20%
• 1M: -5.70%
• YTD: -6.47%
• 6M: -4.05%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

GQETX vs. LCOW - Expense Ratio Comparison

Both GQETX and LCOW have an expense ratio of 0.49%.

GQETX

GMO Quality Fund

LCOW

Pacer S&P 500 Quality FCF Aristocrats ETF

Return for Risk

GQETX vs. LCOW — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

GQETX

GQETX Risk / Return Rank: 33
GQETX Sharpe Ratio Rank: 30
GQETX Sortino Ratio Rank: 33
GQETX Omega Ratio Rank: 29
GQETX Calmar Ratio Rank: 35
GQETX Martin Ratio Rank: 36

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

GQETX vs. LCOW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for GMO Quality Fund (GQETX) and Pacer S&P 500 Quality FCF Aristocrats ETF (LCOW). 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.

	GQETX	LCOW	Difference
Sharpe ratio Return per unit of total volatility	0.75	—	—
Sortino ratio Return per unit of downside risk	1.20	—	—
Omega ratio Gain probability vs. loss probability	1.16	—	—
Calmar ratio Return relative to maximum drawdown	1.01	—	—
Martin ratio Return relative to average drawdown	4.04	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	GQETX	LCOW	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.75	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.74	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.87	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.68	1.15	-0.47

Correlation

The correlation between GQETX and LCOW is 0.86, 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.

Dividends

GQETX vs. LCOW - Dividend Comparison

GQETX's dividend yield for the trailing twelve months is around 12.00%, more than LCOW's 0.57% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
GQETX GMO Quality Fund	12.00%	11.16%	3.91%	3.43%	11.85%	10.19%	13.61%	8.08%	21.66%	8.10%	3.56%	17.25%
LCOW Pacer S&P 500 Quality FCF Aristocrats ETF	0.57%	0.43%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

GQETX vs. LCOW - Drawdown Comparison

The maximum GQETX drawdown since its inception was -39.99%, which is greater than LCOW's maximum drawdown of -10.34%. Use the drawdown chart below to compare losses from any high point for GQETX and LCOW.

Drawdown Indicators

	GQETX	LCOW	Difference
Max Drawdown Largest peak-to-trough decline	-39.99%	-10.34%	-29.65%
Max Drawdown (1Y) Largest decline over 1 year	-12.76%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-24.22%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-30.44%	—	—
Current Drawdown Current decline from peak	-10.31%	-7.74%	-2.57%
Average Drawdown Average peak-to-trough decline	-5.02%	-1.40%	-3.62%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.18%	—	—

Volatility

Volatility by Period

	GQETX	LCOW	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.64%	—	—
Volatility (6M) Calculated over the trailing 6-month period	9.71%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	16.62%	12.43%	+4.19%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.85%	12.43%	+3.42%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.03%	12.43%	+4.60%