QDPL vs. SCHK

Last updated Jun 24, 2026

QDPL (Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF) and SCHK (Schwab 1000 Index ETF) are both Large Cap Blend Equities funds - QDPL tracks the Metaurus US Large Cap Dividend Multiplier Index - Series 400 while SCHK tracks the Schwab 1000 Index. Both are passively managed. Over the past 3 years, QDPL returned 19.16%/yr vs 20.74%/yr for SCHK. With a 0.95 correlation, they move nearly in lockstep. QDPL charges 0.60%/yr vs 0.03%/yr for SCHK.

Performance

QDPL vs. SCHK - 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 Schwab 1000 Index ETF (SCHK). 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 SCHK's 8.54% return.

QDPL

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

SCHK

• 1D: -1.42%
• 1M: -0.95%
• YTD: 8.54%
• 6M: 7.46%
• 1Y: 23.67%
• 3Y*: 20.74%
• 5Y*: 12.31%
• 10Y*: —

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

QDPL vs. SCHK - 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%
SCHK Schwab 1000 Index ETF	8.54%	17.23%	24.48%	26.63%	-19.51%	8.01%

Correlation

The correlation between QDPL and SCHK 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 (1Y) Calculated over the trailing 1-year period	0.94
Correlation (3Y) Calculated over the trailing 3-year period	0.94
Correlation (All Time) Calculated using the full available price history since Jul 13, 2021	0.95

The correlation between QDPL and SCHK has been stable across timeframes, ranging from 0.94 to 0.95 - a consistent structural relationship.

QDPL vs. SCHK - Sectors Allocation Comparison

Sectors	QDPL	SCHK
Technology	39.1%	38.0%
Financial Services	11.1%	11.2%
Communication Services	10.7%	10.1%
Consumer Cyclical	9.9%	9.8%
Healthcare	8.3%	8.4%
Industrials	7.8%	8.9%
Consumer Defensive	4.5%	4.3%
Energy	3.1%	3.2%
Utilities	2.1%	2.1%
Real Estate	1.8%	2.0%
Basic Materials	1.7%	1.9%

Return for Risk

QDPL vs. SCHK — 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

SCHK

SCHK Risk / Return Rank: 58
SCHK Sharpe Ratio Rank: 57
SCHK Sortino Ratio Rank: 55
SCHK Omega Ratio Rank: 56
SCHK Calmar Ratio Rank: 56
SCHK Martin Ratio Rank: 67

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. SCHK - 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 Schwab 1000 Index ETF (SCHK). 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	SCHK	Difference
Sharpe ratio: Return per unit of total volatility	1.82	1.86	-0.04
Sortino ratio: Return per unit of downside risk	2.52	2.53	-0.01
Omega ratio: Gain probability vs. loss probability	1.33	1.33	0.00
Calmar ratio: Return relative to maximum drawdown	2.62	2.65	-0.03
Martin ratio: Return relative to average drawdown	11.85	11.81	+0.03

QDPL vs. SCHK - Sharpe Ratio Comparison

The current QDPL Sharpe Ratio is 1.82, which is comparable to the SCHK Sharpe Ratio of 1.86. The chart below compares the historical Sharpe Ratios of QDPL and SCHK, 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. SCHK - Drawdown Comparison

The maximum QDPL drawdown since its inception was -22.59%, smaller than the maximum SCHK drawdown of -34.80%. Use the drawdown chart below to compare losses from any high point for QDPL and SCHK.

Drawdown Indicators

	QDPL	SCHK	Difference
Max Drawdown Largest peak-to-trough decline	-22.59%	-34.80%	+12.21%
Max Drawdown (1Y) Largest decline over 1 year	-8.65%	-8.97%	+0.32%
Max Drawdown (3Y) Largest decline over 3 years	-17.75%	-19.21%	+1.46%
Max Drawdown (5Y) Largest decline over 5 years	—	-25.44%	—
Current Drawdown Current decline from peak	-2.85%	-2.98%	+0.13%
Average Drawdown Average peak-to-trough decline	-5.11%	-5.16%	+0.05%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.91%	2.01%	-0.10%

Volatility

QDPL vs. SCHK - Volatility Comparison

Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF (QDPL) and Schwab 1000 Index ETF (SCHK) have volatilities of 4.91% and 4.96%, 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.

Volatility by Period

	QDPL	SCHK	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.91%	4.96%	-0.05%
Volatility (6M) Calculated over the trailing 6-month period	9.73%	10.10%	-0.37%
Volatility (1Y) Calculated over the trailing 1-year period	12.46%	12.84%	-0.38%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.07%	17.34%	-2.27%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.07%	19.12%	-4.05%

QDPL vs. SCHK - Expense Ratio Comparison

QDPL has a 0.60% expense ratio, which is higher than SCHK's 0.03% expense ratio.

Dividends

QDPL vs. SCHK - Dividend Comparison

QDPL's dividend yield for the trailing twelve months is around 5.16%, more than SCHK's 1.03% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
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%	0.00%
SCHK Schwab 1000 Index ETF	1.03%	1.09%	1.20%	1.38%	1.57%	1.17%	1.58%	1.82%	1.80%	0.31%

Frequently Asked Questions

Can I hold both QDPL and SCHK in my portfolio?

With a correlation of 0.94, QDPL and SCHK 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 is riskier, QDPL or SCHK?

SCHK has higher volatility (4.96%) compared to QDPL (4.91%). In terms of maximum drawdown, QDPL dropped -22.59% vs SCHK's -34.80%.

Which ETF is better, QDPL or SCHK?

On 3-year performance, SCHK leads with 20.74% vs 19.16% for QDPL. On fees, SCHK is cheaper at 0.03% per year. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, QDPL or SCHK?

Over the 3-year period, SCHK has performed better with a 20.74% 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 SCHK?

SCHK is cheaper with a 0.03% expense ratio, compared with 0.60% for QDPL.

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

QDPL has the higher dividend yield at 5.16%, compared with 1.03% for SCHK.

What is the main difference between QDPL and SCHK?

QDPL tracks Metaurus US Large Cap Dividend Multiplier Index - Series 400, while SCHK tracks Schwab 1000 Index. They also come from different issuers: Pacer and Charles Schwab. Their fees differ too: 0.60% for QDPL and 0.03% for SCHK.

Which has better risk-adjusted returns?

SCHK currently has the higher Sharpe Ratio (1.86 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.