MCOW vs. QDPL

Last updated Jun 6, 2026

MCOW (Pacer S&P MidCap 400 Quality FCF Aristocrats ETF) and QDPL (Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF) are both exchange-traded funds - MCOW is a Mid Cap Blend Equities fund tracking the S&P MidCap 400 Quality FCF Aristocrats Index, while QDPL is a Large Cap Blend Equities fund actively managed by Pacer. MCOW is passively managed, while QDPL is actively managed. A 0.72 correlation means they provide meaningful diversification when combined. MCOW charges 0.49%/yr vs 0.60%/yr for QDPL.

Performance

MCOW vs. QDPL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Pacer S&P MidCap 400 Quality FCF Aristocrats ETF (MCOW) and Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF (QDPL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, MCOW achieves a 5.86% return, which is significantly lower than QDPL's 7.59% return.

MCOW

• 1D: -3.02%
• 1M: 1.11%
• YTD: 5.86%
• 6M: 4.00%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

QDPL

• 1D: -2.90%
• 1M: 0.45%
• YTD: 7.59%
• 6M: 7.48%
• 1Y: 23.73%
• 3Y*: 19.74%
• 5Y*: —
• 10Y*: —

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

MCOW vs. QDPL - Yearly Performance Comparison

	2026 (YTD)	2025
MCOW Pacer S&P MidCap 400 Quality FCF Aristocrats ETF	5.86%	-3.62%
QDPL Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF	7.59%	5.39%

Correlation

The correlation between MCOW and QDPL is 0.72, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Aug 29, 2025	0.72

Return for Risk

MCOW vs. QDPL — Risk / Return Rank

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

QDPL

QDPL Risk / Return Rank: 61
QDPL Sharpe Ratio Rank: 60
QDPL Sortino Ratio Rank: 58
QDPL Omega Ratio Rank: 60
QDPL Calmar Ratio Rank: 58
QDPL Martin Ratio Rank: 71

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.

MCOW vs. QDPL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Pacer S&P MidCap 400 Quality FCF Aristocrats ETF (MCOW) 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.

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

Sharpe Ratios by Period

	MCOW	QDPL	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.95	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.15	0.79	-0.64

Drawdowns

MCOW vs. QDPL - Drawdown Comparison

The maximum MCOW drawdown since its inception was -15.02%, smaller than the maximum QDPL drawdown of -22.59%. Use the drawdown chart below to compare losses from any high point for MCOW and QDPL.

Drawdown Indicators

	MCOW	QDPL	Difference
Max Drawdown Largest peak-to-trough decline	-15.02%	-22.59%	+7.57%
Max Drawdown (1Y) Largest decline over 1 year	—	-8.65%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-17.75%	—
Current Drawdown Current decline from peak	-3.02%	-3.17%	+0.15%
Average Drawdown Average peak-to-trough decline	-4.58%	-5.14%	+0.56%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.85%	—

Volatility

Volatility by Period

	MCOW	QDPL	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	3.94%	—
Volatility (6M) Calculated over the trailing 6-month period	—	9.49%	—
Volatility (1Y) Calculated over the trailing 1-year period	17.89%	12.25%	+5.64%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.89%	15.06%	+2.83%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.89%	15.06%	+2.83%

MCOW vs. QDPL - Expense Ratio Comparison

MCOW has a 0.49% expense ratio, which is lower than QDPL's 0.60% expense ratio.

Dividends

MCOW vs. QDPL - Dividend Comparison

MCOW's dividend yield for the trailing twelve months is around 0.22%, less than QDPL's 5.18% yield.

Position	TTM	2025	2024	2023	2022	2021
MCOW Pacer S&P MidCap 400 Quality FCF Aristocrats ETF	0.22%	0.11%	0.00%	0.00%	0.00%	0.00%
QDPL Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF	5.18%	4.84%	5.43%	6.30%	7.27%	2.44%

Frequently Asked Questions

Can I hold both MCOW and QDPL in my portfolio?

MCOW and QDPL have a correlation of 0.72, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, MCOW or QDPL?

On fees, MCOW is cheaper at 0.49% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, MCOW or QDPL?

MCOW is cheaper with a 0.49% expense ratio, compared with 0.60% for QDPL.

Which ETF pays a higher dividend yield, MCOW or QDPL?

QDPL has the higher dividend yield at 5.18%, compared with 0.22% for MCOW.

What is the main difference between MCOW and QDPL?

MCOW is categorized as Mid Cap Blend Equities, while QDPL is Large Cap Blend Equities. Their fees differ too: 0.49% for MCOW and 0.60% for QDPL.