QDPL vs. TDIV

Last updated Aug 4, 2026

QDPL (Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF) and TDIV (First Trust NASDAQ Technology Dividend Index Fund) are both exchange-traded funds - QDPL is a Large Cap Blend Equities fund tracking the Metaurus US Large Cap Dividend Multiplier Index - Series 400, while TDIV is a Technology Equities fund tracking the NASDAQ Technology Dividend Index. Both are passively managed. Over the past 5 years, QDPL returned 12.06%/yr vs 16.16%/yr for TDIV. Their correlation of 0.85 means they have usually moved in the same direction. QDPL charges 0.60%/yr vs 0.50%/yr for TDIV.

Performance

QDPL vs. TDIV - 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 First Trust NASDAQ Technology Dividend Index Fund (TDIV). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, QDPL achieves a 10.98% return, which is significantly lower than TDIV's 16.55% return.

QDPL

• 1D: 1.46%
• 1M: 1.44%
• 6M: 9.21%
• YTD: 10.98%
• 1Y: 21.91%
• 3Y*: 19.28%
• 5Y*: 12.06%
• 10Y*: —
• ALL TIME*: 12.00%

TDIV

• 1D: 1.46%
• 1M: 0.77%
• 6M: 13.11%
• YTD: 16.55%
• 1Y: 27.41%
• 3Y*: 26.19%
• 5Y*: 16.16%
• 10Y*: 16.98%
• ALL TIME*: 15.70%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
QDPL Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF	$5.42M	$5.30M	$6.18M
TDIV First Trust NASDAQ Technology Dividend Index Fund	$13.43M	$13.15M	$15.23M

QDPL vs. TDIV - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
QDPL Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF	10.98%	16.52%	22.83%	23.66%	-16.25%	7.82%
TDIV First Trust NASDAQ Technology Dividend Index Fund	16.55%	25.27%	24.43%	36.71%	-22.13%	10.06%

Correlation

The correlation between QDPL and TDIV is 0.77, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.77
Correlation (3Y) Balances recent behavior with more history.	0.82
Correlation (5Y) Shows whether the relationship held over a longer period.	0.85
Correlation (All Time) Calculated using the full available price history since Jul 13, 2021	0.85

The correlation between QDPL and TDIV has been stable across timeframes, ranging from 0.77 to 0.85 - a consistent structural relationship.

QDPL vs. TDIV - Sectors Allocation Comparison

Sectors	QDPL	TDIV
Technology	31.0%	83.2%
Financial Services	10.0%	-
Communication Services	7.6%	15.0%
Healthcare	7.5%	-
Consumer Cyclical	7.2%	-
Industrials	6.3%	1.9%
Consumer Defensive	3.8%	-
Energy	2.8%	-
Utilities	2.2%	-
Real Estate	1.6%	-
Basic Materials	1.5%	-

Return for Risk

QDPL vs. TDIV — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

QDPL

QDPL Risk / Return Rank: 75
QDPL Sharpe Ratio Rank: 75
QDPL Sortino Ratio Rank: 74
QDPL Omega Ratio Rank: 74
QDPL Calmar Ratio Rank: 71
QDPL Martin Ratio Rank: 81

TDIV

TDIV Risk / Return Rank: 49
TDIV Sharpe Ratio Rank: 54
TDIV Sortino Ratio Rank: 51
TDIV Omega Ratio Rank: 50
TDIV Calmar Ratio Rank: 46
TDIV Martin Ratio Rank: 42

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

QDPL vs. TDIV - 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 First Trust NASDAQ Technology Dividend Index Fund (TDIV). 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	TDIV	Difference
Sharpe ratio: Return per unit of total volatility	1.74	1.33	+0.41
Sortino ratio: Return per unit of downside risk	2.45	1.86	+0.59
Omega ratio: Gain probability vs. loss probability	1.31	1.23	+0.08
Calmar ratio: Return relative to maximum drawdown	2.55	1.69	+0.86
Martin ratio: Return relative to average drawdown	10.97	4.62	+6.35

QDPL vs. TDIV - Sharpe Ratio Comparison

The current QDPL Sharpe Ratio is 1.74, which is higher than the TDIV Sharpe Ratio of 1.33. The chart below compares the historical Sharpe Ratios of QDPL and TDIV, 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. TDIV - Drawdown Comparison

The maximum QDPL drawdown since its inception was -22.59%, smaller than the maximum TDIV drawdown of -31.97%. Use the drawdown chart below to compare losses from any high point for QDPL and TDIV.

Drawdown Indicators

	QDPL	TDIV	Difference
Max Drawdown Largest peak-to-trough decline	-22.59%	-31.97%	+9.38%
Max Drawdown (1Y) Largest decline over 1 year	-8.65%	-16.34%	+7.69%
Max Drawdown (3Y) Largest decline over 3 years	-17.75%	-23.00%	+5.25%
Max Drawdown (5Y) Largest decline over 5 years	-22.59%	-31.97%	+9.38%
Max Drawdown (10Y) Largest decline over 10 years	—	-31.97%	—
Current Drawdown Current decline from peak	-0.13%	-12.34%	+12.21%
Average Drawdown Average peak-to-trough decline	-5.04%	-4.92%	-0.12%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.00%	5.95%	-3.95%

Volatility

QDPL vs. TDIV - Volatility Comparison

The current volatility for Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF (QDPL) is 3.35%, while First Trust NASDAQ Technology Dividend Index Fund (TDIV) has a volatility of 5.85%. This indicates that QDPL experiences smaller price fluctuations and is considered to be less risky than TDIV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	QDPL	TDIV	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.35%	5.85%	-2.50%
Volatility (6M) Calculated over the trailing 6-month period	10.01%	16.31%	-6.30%
Volatility (1Y) Calculated over the trailing 1-year period	12.65%	20.69%	-8.04%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.04%	21.12%	-6.08%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.00%	21.00%	-6.00%

QDPL vs. TDIV - Expense Ratio Comparison

QDPL has a 0.60% expense ratio, which is higher than TDIV's 0.50% expense ratio.

Dividends

QDPL vs. TDIV - Dividend Comparison

QDPL's dividend yield for the trailing twelve months is around 4.51%, more than TDIV's 1.35% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
QDPL Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF	4.51%	4.84%	5.43%	6.30%	7.27%	2.44%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
TDIV First Trust NASDAQ Technology Dividend Index Fund	1.35%	1.40%	1.59%	1.74%	2.51%	1.76%	2.07%	2.27%	2.97%	2.27%	2.45%	2.52%

Frequently Asked Questions

Can I hold both QDPL and TDIV in my portfolio?

QDPL and TDIV have a correlation of 0.77, 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 TDIV?

TDIV has higher volatility (5.85%) compared to QDPL (3.35%). In terms of maximum drawdown, QDPL dropped -22.59% vs TDIV's -31.97%.

Which ETF is better, QDPL or TDIV?

On 5-year performance, TDIV leads with 16.16% vs 12.06% for QDPL. On fees, TDIV is cheaper at 0.50% per year. On volatility, QDPL has been the lower-risk option at 3.35%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, QDPL or TDIV?

Over the 5-year period, TDIV has performed better with a 16.16% return vs 12.06%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, QDPL or TDIV?

TDIV is cheaper with a 0.50% expense ratio, compared with 0.60% for QDPL.

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

QDPL has the higher dividend yield at 4.51%, compared with 1.35% for TDIV.

What is the main difference between QDPL and TDIV?

QDPL is categorized as Large Cap Blend Equities, while TDIV is Technology Equities. QDPL tracks Metaurus US Large Cap Dividend Multiplier Index - Series 400, while TDIV tracks NASDAQ Technology Dividend Index. They also come from different issuers: Pacer and First Trust. Their fees differ too: 0.60% for QDPL and 0.50% for TDIV.

Which has better risk-adjusted returns?

QDPL currently has the higher Sharpe Ratio (1.74 vs 1.33), 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.