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INDQ vs. QDF
Performance
Return for Risk
Drawdowns
Volatility
Dividends

Performance

INDQ vs. QDF - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Pacer ActiveAlpha India Quality ETF (INDQ) and FlexShares Quality Dividend Index Fund (QDF). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period


INDQ

1D
1.73%
1M
-1.84%
6M
YTD
1Y
3Y*
5Y*
10Y*
ALL TIME*

QDF

1D
0.42%
1M
3.03%
6M
11.20%
YTD
13.03%
1Y
21.85%
3Y*
16.93%
5Y*
12.08%
10Y*
11.90%
ALL TIME*
12.70%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison


PositionAvg. Volume Value (2W)Avg. Volume Value (1M)Avg. Volume Value (3M)
$12.77K$11.88K$46.17K
$1.71M$2.21M$2.21M

INDQ vs. QDF - Yearly Performance Comparison


Correlation

The correlation between INDQ and QDF is 0.64, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.


Correlation
Correlation (All Time)
Calculated using the full available price history since Apr 1, 2026

0.64

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Return for Risk

INDQ vs. QDF — Risk / Return Rank

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

INDQ

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


QDF
QDF Risk / Return Rank: 8080
Overall Rank
QDF Sharpe Ratio Rank: 7979
Sharpe Ratio Rank
QDF Sortino Ratio Rank: 7979
Sortino Ratio Rank
QDF Omega Ratio Rank: 7878
Omega Ratio Rank
QDF Calmar Ratio Rank: 7676
Calmar Ratio Rank
QDF Martin Ratio Rank: 8585
Martin Ratio Rank
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.

INDQ vs. QDF - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Pacer ActiveAlpha India Quality ETF (INDQ) and FlexShares Quality Dividend Index Fund (QDF). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.


INDQQDFDifference
Sharpe ratioReturn per unit of total volatility

Sortino ratioReturn per unit of downside risk

Omega ratioGain probability vs. loss probability

1.33

Calmar ratioReturn relative to maximum drawdown

2.78

Martin ratioReturn relative to average drawdown

11.90

INDQ vs. QDF - Sharpe Ratio Comparison


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Drawdowns

INDQ vs. QDF - Drawdown Comparison

The maximum INDQ drawdown since its inception was -9.46%, smaller than the maximum QDF drawdown of -36.67%. Use the drawdown chart below to compare losses from any high point for INDQ and QDF.


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Drawdown Indicators


INDQQDFDifference

Max Drawdown

Largest peak-to-trough decline

-9.46%

-36.67%

+27.21%

Max Drawdown (1Y)

Largest decline over 1 year

-7.90%

Max Drawdown (3Y)

Largest decline over 3 years

-18.01%

Max Drawdown (5Y)

Largest decline over 5 years

-22.06%

Max Drawdown (10Y)

Largest decline over 10 years

-36.67%

Current Drawdown

Current decline from peak

-6.30%

-0.21%

-6.09%

Average Drawdown

Average peak-to-trough decline

-3.93%

-3.61%

-0.32%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.84%

Volatility

INDQ vs. QDF - Volatility Comparison


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Volatility by Period


INDQQDFDifference

Volatility (1M)

Calculated over the trailing 1-month period

2.93%

Volatility (6M)

Calculated over the trailing 6-month period

9.33%

Volatility (1Y)

Calculated over the trailing 1-year period

18.97%

12.12%

+6.85%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

18.97%

15.64%

+3.33%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

18.97%

17.37%

+1.60%

INDQ vs. QDF - Expense Ratio Comparison

INDQ has a 0.88% expense ratio, which is higher than QDF's 0.37% expense ratio.


Dividends

INDQ vs. QDF - Dividend Comparison

INDQ has not paid dividends to shareholders, while QDF's dividend yield for the trailing twelve months is around 1.48%.


PositionTTM20252024202320222021202020192018201720162015
INDQ
Pacer ActiveAlpha India Quality ETF
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
QDF
FlexShares Quality Dividend Index Fund
1.48%1.65%1.93%2.19%2.45%1.90%2.38%3.05%4.29%2.70%3.07%3.04%

Frequently Asked Questions


INDQ and QDF have a correlation of 0.64, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, QDF is cheaper at 0.37% per year. The better choice depends on whether you care most about return, fees, risk, or income.

QDF is cheaper with a 0.37% expense ratio, compared with 0.88% for INDQ.

QDF has the higher dividend yield at 1.48%, compared with 0.00% for INDQ.

They also come from different issuers: Pacer and FlexShares. Their fees differ too: 0.88% for INDQ and 0.37% for QDF.

Portfolio Optimizer

Find the right allocation for INDQ and QDF

Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

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