QDPL vs. BALI
Compare and contrast key facts about Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF (QDPL) and Blackrock Advantage Large Cap Income ETF (BALI).
QDPL and BALI are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. QDPL is an actively managed fund by Pacer. It was launched on Jul 12, 2021. BALI is an actively managed fund by BlackRock. It was launched on Sep 26, 2023.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: QDPL or BALI.
Key characteristics
| QDPL | BALI | |
|---|---|---|
| YTD Return | 24.60% | 25.05% |
| 1Y Return | 31.62% | 31.39% |
| Sharpe Ratio | 3.04 | 3.29 |
| Sortino Ratio | 4.20 | 4.37 |
| Omega Ratio | 1.57 | 1.63 |
| Calmar Ratio | 4.26 | 4.28 |
| Martin Ratio | 19.73 | 19.75 |
| Ulcer Index | 1.70% | 1.68% |
| Daily Std Dev | 11.06% | 10.08% |
| Max Drawdown | -22.59% | -7.74% |
| Current Drawdown | -0.45% | -0.03% |
Correlation
The correlation between QDPL and BALI is 0.91, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
QDPL vs. BALI - Performance Comparison
The year-to-date returns for both investments are quite close, with QDPL having a 24.60% return and BALI slightly higher at 25.05%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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QDPL vs. BALI - Expense Ratio Comparison
QDPL has a 0.60% expense ratio, which is higher than BALI's 0.35% expense ratio.
Risk-Adjusted Performance
QDPL vs. BALI - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF (QDPL) and Blackrock Advantage Large Cap Income ETF (BALI). 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.
Dividends
QDPL vs. BALI - Dividend Comparison
QDPL's dividend yield for the trailing twelve months is around 5.28%, less than BALI's 6.67% yield.
| TTM | 2023 | 2022 | 2021 | |
|---|---|---|---|---|
QDPL Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF | 5.28% | 6.30% | 7.27% | 2.45% |
BALI Blackrock Advantage Large Cap Income ETF | 6.67% | 2.13% | 0.00% | 0.00% |
Drawdowns
QDPL vs. BALI - Drawdown Comparison
The maximum QDPL drawdown since its inception was -22.59%, which is greater than BALI's maximum drawdown of -7.74%. Use the drawdown chart below to compare losses from any high point for QDPL and BALI. For additional features, visit the drawdowns tool.
Volatility
QDPL vs. BALI - Volatility Comparison
Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF (QDPL) and Blackrock Advantage Large Cap Income ETF (BALI) have volatilities of 3.31% and 3.43%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.