PRTO vs. QQWZ

Last updated Jun 5, 2026

PRTO (RCN Pareto Strategic Allocation ETF) and QQWZ (Pacer Cash COWZ 100-Nasdaq 100 Rotator ETF) are both exchange-traded funds - PRTO is a Tactical Allocation fund actively managed by Tidal, while QQWZ is a Nasdaq-100 fund actively managed by Pacer. Both are actively managed. A 0.55 correlation means they provide meaningful diversification when combined. PRTO charges 0.82%/yr vs 0.49%/yr for QQWZ.

Performance

PRTO vs. QQWZ - Performance Comparison

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

Returns By Period

PRTO

• 1D: 0.61%
• 1M: 2.22%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

QQWZ

• 1D: -0.48%
• 1M: 8.73%
• YTD: 18.35%
• 6M: 15.96%
• 1Y: 36.51%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

PRTO vs. QQWZ - Yearly Performance Comparison

	2026 (YTD)
PRTO RCN Pareto Strategic Allocation ETF	10.84%
QQWZ Pacer Cash COWZ 100-Nasdaq 100 Rotator ETF	13.03%

Correlation

The correlation between PRTO and QQWZ is 0.55, 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 Mar 26, 2026	0.55

Return for Risk

PRTO 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: 80
QQWZ Omega Ratio Rank: 80
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.

PRTO vs. QQWZ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for RCN Pareto Strategic Allocation ETF (PRTO) 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

	PRTO	QQWZ	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.67	—
Sharpe Ratio (All Time) Calculated using the full available price history	5.07	3.20	+1.86

Drawdowns

PRTO vs. QQWZ - Drawdown Comparison

The maximum PRTO drawdown since its inception was -2.98%, smaller than the maximum QQWZ drawdown of -7.81%. Use the drawdown chart below to compare losses from any high point for PRTO and QQWZ.

Drawdown Indicators

	PRTO	QQWZ	Difference
Max Drawdown Largest peak-to-trough decline	-2.98%	-7.81%	+4.83%
Max Drawdown (1Y) Largest decline over 1 year	—	-7.81%	—
Current Drawdown Current decline from peak	-0.11%	-0.72%	+0.61%
Average Drawdown Average peak-to-trough decline	-0.54%	-1.36%	+0.82%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.12%	—

Volatility

Volatility by Period

	PRTO	QQWZ	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	4.36%	—
Volatility (6M) Calculated over the trailing 6-month period	—	8.84%	—
Volatility (1Y) Calculated over the trailing 1-year period	13.91%	13.76%	+0.15%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.91%	14.21%	-0.30%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.91%	14.21%	-0.30%

PRTO vs. QQWZ - Expense Ratio Comparison

PRTO has a 0.82% expense ratio, which is higher than QQWZ's 0.49% expense ratio.

Dividends

PRTO vs. QQWZ - Dividend Comparison

PRTO has not paid dividends to shareholders, while QQWZ's dividend yield for the trailing twelve months is around 0.56%.

Position	TTM	2025
PRTO RCN Pareto Strategic Allocation ETF	0.00%	0.00%
QQWZ Pacer Cash COWZ 100-Nasdaq 100 Rotator ETF	0.56%	0.11%

Frequently Asked Questions

Can I hold both PRTO and QQWZ in my portfolio?

PRTO and QQWZ have a correlation of 0.55, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, PRTO 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, PRTO or QQWZ?

QQWZ is cheaper with a 0.49% expense ratio, compared with 0.82% for PRTO.

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

QQWZ has the higher dividend yield at 0.56%, compared with 0.00% for PRTO.

What is the main difference between PRTO and QQWZ?

PRTO is categorized as Tactical Allocation, while QQWZ is Nasdaq-100. They also come from different issuers: Tidal and Pacer. Their fees differ too: 0.82% for PRTO and 0.49% for QQWZ.