QDPL vs. IUS

Last updated Jun 24, 2026

QDPL (Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF) and IUS (Invesco RAFI Strategic US ETF) are both Large Cap Blend Equities funds - QDPL tracks the Metaurus US Large Cap Dividend Multiplier Index - Series 400 while IUS tracks the Invesco Strategic US Index. Both are passively managed. Over the past 3 years, QDPL returned 19.16%/yr vs 19.91%/yr for IUS. Their correlation of 0.89 suggests significant overlap in exposure. QDPL charges 0.60%/yr vs 0.19%/yr for IUS.

Performance

QDPL vs. IUS - 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 Invesco RAFI Strategic US ETF (IUS). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, QDPL achieves a 7.95% return, which is significantly lower than IUS's 14.43% return.

QDPL

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

IUS

• 1D: -0.02%
• 1M: 0.18%
• YTD: 14.43%
• 6M: 13.98%
• 1Y: 30.78%
• 3Y*: 19.91%
• 5Y*: 13.73%
• 10Y*: —

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

QDPL vs. IUS - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
QDPL Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF	7.95%	16.52%	22.83%	23.66%	-16.25%	7.82%
IUS Invesco RAFI Strategic US ETF	14.43%	16.94%	16.51%	20.79%	-8.34%	8.31%

Correlation

The correlation between QDPL and IUS is 0.81, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.81
Correlation (3Y) Calculated over the trailing 3-year period	0.84
Correlation (All Time) Calculated using the full available price history since Jul 13, 2021	0.89

The correlation between QDPL and IUS has been stable across timeframes, ranging from 0.81 to 0.89 - a consistent structural relationship.

QDPL vs. IUS - Sectors Allocation Comparison

Sectors	QDPL	IUS
Technology	39.1%	26.7%
Financial Services	11.1%	6.8%
Communication Services	10.7%	13.0%
Consumer Cyclical	9.9%	10.4%
Healthcare	8.3%	12.6%
Industrials	7.8%	9.7%
Consumer Defensive	4.5%	6.9%
Energy	3.1%	9.4%
Utilities	2.1%	1.0%
Real Estate	1.8%	0.4%
Basic Materials	1.7%	3.2%

Return for Risk

QDPL vs. IUS — 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

IUS

IUS Risk / Return Rank: 90
IUS Sharpe Ratio Rank: 90
IUS Sortino Ratio Rank: 90
IUS Omega Ratio Rank: 88
IUS Calmar Ratio Rank: 89
IUS Martin Ratio Rank: 91

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. IUS - 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 Invesco RAFI Strategic US ETF (IUS). 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	IUS	Difference
Sharpe ratio: Return per unit of total volatility	1.82	2.89	-1.07
Sortino ratio: Return per unit of downside risk	2.52	3.95	-1.43
Omega ratio: Gain probability vs. loss probability	1.33	1.53	-0.19
Calmar ratio: Return relative to maximum drawdown	2.62	5.03	-2.41
Martin ratio: Return relative to average drawdown	11.85	20.93	-9.09

QDPL vs. IUS - Sharpe Ratio Comparison

The current QDPL Sharpe Ratio is 1.82, which is lower than the IUS Sharpe Ratio of 2.89. The chart below compares the historical Sharpe Ratios of QDPL and IUS, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

QDPL vs. IUS - Drawdown Comparison

The maximum QDPL drawdown since its inception was -22.59%, smaller than the maximum IUS drawdown of -34.67%. Use the drawdown chart below to compare losses from any high point for QDPL and IUS.

Drawdown Indicators

	QDPL	IUS	Difference
Max Drawdown Largest peak-to-trough decline	-22.59%	-34.67%	+12.08%
Max Drawdown (1Y) Largest decline over 1 year	-8.65%	-6.15%	-2.50%
Max Drawdown (3Y) Largest decline over 3 years	-17.75%	-15.61%	-2.14%
Max Drawdown (5Y) Largest decline over 5 years	—	-18.72%	—
Current Drawdown Current decline from peak	-2.85%	-1.76%	-1.09%
Average Drawdown Average peak-to-trough decline	-5.11%	-3.85%	-1.26%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.91%	1.47%	+0.44%

Volatility

QDPL vs. IUS - Volatility Comparison

Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF (QDPL) has a higher volatility of 4.91% compared to Invesco RAFI Strategic US ETF (IUS) at 3.84%. This indicates that QDPL's price experiences larger fluctuations and is considered to be riskier than IUS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	QDPL	IUS	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.91%	3.84%	+1.07%
Volatility (6M) Calculated over the trailing 6-month period	9.73%	8.03%	+1.70%
Volatility (1Y) Calculated over the trailing 1-year period	12.46%	10.69%	+1.77%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.07%	15.03%	+0.04%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.07%	18.02%	-2.95%

QDPL vs. IUS - Expense Ratio Comparison

QDPL has a 0.60% expense ratio, which is higher than IUS's 0.19% expense ratio.

Dividends

QDPL vs. IUS - Dividend Comparison

QDPL's dividend yield for the trailing twelve months is around 5.16%, more than IUS's 1.30% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
IUS Invesco RAFI Strategic US ETF	1.30%	1.48%	1.52%	1.72%	1.78%	1.46%	1.74%	1.77%	0.73%
QDPL Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF	5.16%	4.84%	5.43%	6.30%	7.27%	2.44%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both QDPL and IUS in my portfolio?

QDPL and IUS have a correlation of 0.81, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, QDPL or IUS?

QDPL has higher volatility (4.91%) compared to IUS (3.84%). In terms of maximum drawdown, QDPL dropped -22.59% vs IUS's -34.67%.

Which ETF is better, QDPL or IUS?

On 3-year performance, IUS leads with 19.91% vs 19.16% for QDPL. On fees, IUS is cheaper at 0.19% per year. On volatility, IUS has been the lower-risk option at 3.84%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, QDPL or IUS?

Over the 3-year period, IUS has performed better with a 19.91% return vs 19.16%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, QDPL or IUS?

IUS is cheaper with a 0.19% expense ratio, compared with 0.60% for QDPL.

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

QDPL has the higher dividend yield at 5.16%, compared with 1.30% for IUS.

What is the main difference between QDPL and IUS?

QDPL tracks Metaurus US Large Cap Dividend Multiplier Index - Series 400, while IUS tracks Invesco Strategic US Index. They also come from different issuers: Pacer and Invesco. Their fees differ too: 0.60% for QDPL and 0.19% for IUS.

Which has better risk-adjusted returns?

IUS currently has the higher Sharpe Ratio (2.89 vs 1.82), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.