ORO vs. QQWZ

Last updated Jun 4, 2026

ORO (Arrow Valtoro ETF) and QQWZ (Pacer Cash COWZ 100-Nasdaq 100 Rotator ETF) are both exchange-traded funds - ORO is a Tactical Allocation fund actively managed by Arrow Funds, while QQWZ is a Nasdaq-100 fund actively managed by Pacer. Both are actively managed. At a 0.30 correlation, their price movements are largely independent. ORO charges 1.25%/yr vs 0.49%/yr for QQWZ.

Performance

ORO vs. QQWZ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Arrow Valtoro ETF (ORO) and Pacer Cash COWZ 100-Nasdaq 100 Rotator ETF (QQWZ). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ORO achieves a 7.13% return, which is significantly lower than QQWZ's 18.92% return.

ORO

• 1D: -0.51%
• 1M: -3.85%
• YTD: 7.13%
• 6M: 6.27%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

QQWZ

• 1D: -0.24%
• 1M: 10.66%
• YTD: 18.92%
• 6M: 16.34%
• 1Y: 37.59%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

ORO vs. QQWZ - Yearly Performance Comparison

	2026 (YTD)	2025
ORO Arrow Valtoro ETF	7.13%	-8.96%
QQWZ Pacer Cash COWZ 100-Nasdaq 100 Rotator ETF	18.92%	1.48%

Correlation

The correlation between ORO and QQWZ is 0.30, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Oct 20, 2025	0.30

Return for Risk

ORO vs. QQWZ — Risk / Return Rank

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

QQWZ

QQWZ Risk / Return Rank: 83
QQWZ Sharpe Ratio Rank: 83
QQWZ Sortino Ratio Rank: 81
QQWZ Omega Ratio Rank: 81
QQWZ Calmar Ratio Rank: 86
QQWZ Martin Ratio Rank: 85

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.

ORO vs. QQWZ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Arrow Valtoro ETF (ORO) and Pacer Cash COWZ 100-Nasdaq 100 Rotator ETF (QQWZ). 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

	ORO	QQWZ	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.75	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.17	3.26	-3.43

Drawdowns

ORO vs. QQWZ - Drawdown Comparison

The maximum ORO drawdown since its inception was -12.46%, which is greater than QQWZ's maximum drawdown of -7.81%. Use the drawdown chart below to compare losses from any high point for ORO and QQWZ.

Drawdown Indicators

	ORO	QQWZ	Difference
Max Drawdown Largest peak-to-trough decline	-12.46%	-7.81%	-4.65%
Max Drawdown (1Y) Largest decline over 1 year	—	-7.81%	—
Current Drawdown Current decline from peak	-6.56%	-0.24%	-6.32%
Average Drawdown Average peak-to-trough decline	-6.54%	-1.36%	-5.18%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.12%	—

Volatility

Volatility by Period

	ORO	QQWZ	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	4.35%	—
Volatility (6M) Calculated over the trailing 6-month period	—	8.85%	—
Volatility (1Y) Calculated over the trailing 1-year period	23.68%	13.77%	+9.91%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.68%	14.22%	+9.46%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.68%	14.22%	+9.46%

ORO vs. QQWZ - Expense Ratio Comparison

ORO has a 1.25% expense ratio, which is higher than QQWZ's 0.49% expense ratio.

Dividends

ORO vs. QQWZ - Dividend Comparison

ORO has not paid dividends to shareholders, while QQWZ's dividend yield for the trailing twelve months is around 0.31%.

Position	TTM	2025
ORO Arrow Valtoro ETF	0.00%	0.00%
QQWZ Pacer Cash COWZ 100-Nasdaq 100 Rotator ETF	0.31%	0.11%

Frequently Asked Questions

Can I hold both ORO and QQWZ in my portfolio?

ORO and QQWZ have a correlation of 0.30, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, ORO or QQWZ?

On fees, QQWZ 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, ORO or QQWZ?

QQWZ is cheaper with a 0.49% expense ratio, compared with 1.25% for ORO.

Which ETF pays a higher dividend yield, ORO or QQWZ?

QQWZ has the higher dividend yield at 0.31%, compared with 0.00% for ORO.

What is the main difference between ORO and QQWZ?

ORO is categorized as Tactical Allocation, while QQWZ is Nasdaq-100. They also come from different issuers: Arrow Funds and Pacer. Their fees differ too: 1.25% for ORO and 0.49% for QQWZ.