QDPL vs. GXLC

Last updated Jun 24, 2026

QDPL (Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF) and GXLC (Global X U.S. 500 ETF) are both Large Cap Blend Equities funds - QDPL tracks the Metaurus US Large Cap Dividend Multiplier Index - Series 400 while GXLC tracks the Solactive GBS United States 500 Index. Both are passively managed. Their correlation of 0.94 suggests significant overlap in exposure. QDPL charges 0.60%/yr vs 0.02%/yr for GXLC.

Performance

QDPL vs. GXLC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF (QDPL) and Global X U.S. 500 ETF (GXLC). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both investments are quite close, with QDPL having a 7.95% return and GXLC slightly higher at 8.31%.

QDPL

• 1D: -0.97%
• 1M: -1.23%
• YTD: 7.95%
• 6M: 7.14%
• 1Y: 22.55%
• 3Y*: 19.16%
• 5Y*: —
• 10Y*: —

GXLC

• 1D: -1.32%
• 1M: -1.12%
• YTD: 8.31%
• 6M: 7.39%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

QDPL vs. GXLC - Yearly Performance Comparison

	2026 (YTD)	2025
QDPL Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF	7.95%	3.21%
GXLC Global X U.S. 500 ETF	8.31%	3.22%

Correlation

The correlation between QDPL and GXLC is 0.94, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Sep 24, 2025	0.94

Return for Risk

QDPL vs. GXLC — Risk / Return Rank

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

QDPL

QDPL Risk / Return Rank: 58
QDPL Sharpe Ratio Rank: 56
QDPL Sortino Ratio Rank: 55
QDPL Omega Ratio Rank: 56
QDPL Calmar Ratio Rank: 55
QDPL Martin Ratio Rank: 67

GXLC

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

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.

QDPL vs. GXLC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF (QDPL) and Global X U.S. 500 ETF (GXLC). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	QDPL	GXLC	Difference
Sharpe ratio: Return per unit of total volatility	1.82	—	—
Sortino ratio: Return per unit of downside risk	2.52	—	—
Omega ratio: Gain probability vs. loss probability	1.33	—	—
Calmar ratio: Return relative to maximum drawdown	2.62	—	—
Martin ratio: Return relative to average drawdown	11.85	—	—

Drawdowns

QDPL vs. GXLC - Drawdown Comparison

The maximum QDPL drawdown since its inception was -22.59%, which is greater than GXLC's maximum drawdown of -9.08%. Use the drawdown chart below to compare losses from any high point for QDPL and GXLC.

Drawdown Indicators

	QDPL	GXLC	Difference
Max Drawdown Largest peak-to-trough decline	-22.59%	-9.08%	-13.51%
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	-2.85%	-3.05%	+0.20%
Average Drawdown Average peak-to-trough decline	-5.11%	-1.54%	-3.57%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.91%	—	—

Volatility

Volatility by Period

	QDPL	GXLC	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.91%	—	—
Volatility (6M) Calculated over the trailing 6-month period	9.73%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	12.46%	13.85%	-1.39%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.07%	13.85%	+1.22%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.07%	13.85%	+1.22%

QDPL vs. GXLC - Expense Ratio Comparison

QDPL has a 0.60% expense ratio, which is higher than GXLC's 0.02% expense ratio.

Dividends

QDPL vs. GXLC - Dividend Comparison

QDPL's dividend yield for the trailing twelve months is around 5.16%, more than GXLC's 0.65% yield.

Position	TTM	2025	2024	2023	2022	2021
GXLC Global X U.S. 500 ETF	0.65%	0.30%	0.00%	0.00%	0.00%	0.00%
QDPL Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF	5.16%	4.84%	5.43%	6.30%	7.27%	2.44%

Frequently Asked Questions

Can I hold both QDPL and GXLC in my portfolio?

With a correlation of 0.94, QDPL and GXLC move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which ETF is better, QDPL or GXLC?

On fees, GXLC is cheaper at 0.02% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, QDPL or GXLC?

GXLC is cheaper with a 0.02% expense ratio, compared with 0.60% for QDPL.

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

QDPL has the higher dividend yield at 5.16%, compared with 0.65% for GXLC.

What is the main difference between QDPL and GXLC?

QDPL tracks Metaurus US Large Cap Dividend Multiplier Index - Series 400, while GXLC tracks Solactive GBS United States 500 Index. They also come from different issuers: Pacer and Global X. Their fees differ too: 0.60% for QDPL and 0.02% for GXLC.