LCOW vs. IQLT
LCOW (Pacer S&P 500 Quality FCF Aristocrats ETF) and IQLT (iShares MSCI Intl Quality Factor ETF) are both exchange-traded funds - LCOW is a S&P 500 fund tracking the S&P 500 Quality FCF Aristocrats Index, while IQLT is a Foreign Large Cap Equities fund tracking the MSCI World ex USA Sector Neutral Quality Index (Net). Both are passively managed. Over the past year, LCOW returned 21.09% vs 16.72% for IQLT. A 0.69 correlation means they provide meaningful diversification when combined. LCOW charges 0.49%/yr vs 0.30%/yr for IQLT.
Performance
LCOW vs. IQLT - Performance Comparison
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Returns By Period
In the year-to-date period, LCOW achieves a 6.58% return, which is significantly lower than IQLT's 7.55% return.
LCOW
- 1D
- -0.55%
- 1M
- 5.51%
- YTD
- 6.58%
- 6M
- 6.94%
- 1Y
- 21.09%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
IQLT
- 1D
- -0.91%
- 1M
- 1.73%
- YTD
- 7.55%
- 6M
- 9.41%
- 1Y
- 16.72%
- 3Y*
- 13.95%
- 5Y*
- 6.96%
- 10Y*
- 9.31%
LCOW vs. IQLT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
LCOW Pacer S&P 500 Quality FCF Aristocrats ETF | 6.58% | 20.51% |
IQLT iShares MSCI Intl Quality Factor ETF | 7.55% | 11.25% |
Correlation
The correlation between LCOW and IQLT is 0.70, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.70 |
Correlation (All Time) Calculated using the full available price history since May 8, 2025 | 0.69 |
The correlation between LCOW and IQLT has been stable across timeframes, ranging from 0.69 to 0.70 - a consistent structural relationship.
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Return for Risk
LCOW vs. IQLT — Risk / Return Rank
LCOW
IQLT
LCOW vs. IQLT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Pacer S&P 500 Quality FCF Aristocrats ETF (LCOW) and iShares MSCI Intl Quality Factor ETF (IQLT). 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.
| LCOW | IQLT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.59 | ||
| Sortino ratioReturn per unit of downside risk | +0.77 | ||
| Omega ratioGain probability vs. loss probability | 1.31 | 1.20 | +0.10 |
| Calmar ratioReturn relative to maximum drawdown | 2.05 | 1.62 | +0.43 |
| Martin ratioReturn relative to average drawdown | 8.61 | 6.16 | +2.45 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| LCOW | IQLT | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.76 | 1.17 | +0.59 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.43 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.55 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 2.15 | 0.49 | +1.66 |
Drawdowns
LCOW vs. IQLT - Drawdown Comparison
The maximum LCOW drawdown since its inception was -10.34%, smaller than the maximum IQLT drawdown of -32.21%. Use the drawdown chart below to compare losses from any high point for LCOW and IQLT.
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Drawdown Indicators
| LCOW | IQLT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -10.34% | -32.21% | +21.87% |
Max Drawdown (1Y)Largest decline over 1 year | -10.34% | -10.38% | +0.04% |
Max Drawdown (3Y)Largest decline over 3 years | — | -13.18% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -30.24% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -32.21% | — |
Current DrawdownCurrent decline from peak | -0.55% | -2.10% | +1.55% |
Average DrawdownAverage peak-to-trough decline | -1.38% | -6.22% | +4.84% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.46% | 2.72% | -0.26% |
Volatility
LCOW vs. IQLT - Volatility Comparison
The current volatility for Pacer S&P 500 Quality FCF Aristocrats ETF (LCOW) is 2.29%, while iShares MSCI Intl Quality Factor ETF (IQLT) has a volatility of 4.86%. This indicates that LCOW experiences smaller price fluctuations and is considered to be less risky than IQLT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| LCOW | IQLT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.29% | 4.86% | -2.57% |
Volatility (6M)Calculated over the trailing 6-month period | 9.17% | 12.01% | -2.84% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.05% | 14.40% | -2.35% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.32% | 16.45% | -4.13% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 12.32% | 16.98% | -4.66% |
LCOW vs. IQLT - Expense Ratio Comparison
LCOW has a 0.49% expense ratio, which is higher than IQLT's 0.30% expense ratio.
Dividends
LCOW vs. IQLT - Dividend Comparison
LCOW's dividend yield for the trailing twelve months is around 0.50%, less than IQLT's 2.16% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IQLT iShares MSCI Intl Quality Factor ETF | 2.16% | 2.33% | 2.87% | 2.27% | 3.14% | 2.24% | 1.61% | 2.28% | 2.72% | 2.36% | 2.91% | 2.78% |
LCOW Pacer S&P 500 Quality FCF Aristocrats ETF | 0.50% | 0.43% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
LCOW and IQLT have a correlation of 0.70, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IQLT has higher volatility (4.86%) compared to LCOW (2.29%). In terms of maximum drawdown, LCOW dropped -10.34% vs IQLT's -32.21%.
On 1-year performance, LCOW leads with 21.09% vs 16.72% for IQLT. On fees, IQLT is cheaper at 0.30% per year. On volatility, LCOW has been the lower-risk option at 2.29%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, LCOW has performed better with a 21.09% return vs 16.72%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
IQLT is cheaper with a 0.30% expense ratio, compared with 0.49% for LCOW.
IQLT has the higher dividend yield at 2.16%, compared with 0.50% for LCOW.
LCOW is categorized as S&P 500, while IQLT is Foreign Large Cap Equities. LCOW tracks S&P 500 Quality FCF Aristocrats Index, while IQLT tracks MSCI World ex USA Sector Neutral Quality Index (Net). They also come from different issuers: Pacer and iShares. Their fees differ too: 0.49% for LCOW and 0.30% for IQLT.
LCOW currently has the higher Sharpe Ratio (1.76 vs 1.17), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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