QFHD vs. SCDL

Last updated Jun 6, 2026

QFHD (Pacer S&P 500 Quality FCF High Dividend ETF) and SCDL (ETRACS 2x Leveraged U.S. Dividend Factor TR ETN) are both exchange-traded funds - QFHD is a Dividend fund tracking the S&P 500 Quality FCF High Dividend Index, while SCDL is a Leveraged Equities fund tracking the Dow Jones U.S. Dividend 100 (200%). Both are passively managed. Their correlation of 0.80 suggests significant overlap in exposure. QFHD charges 0.49%/yr vs 0.95%/yr for SCDL.

Performance

QFHD vs. SCDL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Pacer S&P 500 Quality FCF High Dividend ETF (QFHD) and ETRACS 2x Leveraged U.S. Dividend Factor TR ETN (SCDL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

QFHD

• 1D: 0.06%
• 1M: 1.25%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

SCDL

• 1D: -1.33%
• 1M: 3.83%
• YTD: 36.93%
• 6M: 36.64%
• 1Y: 53.66%
• 3Y*: 23.12%
• 5Y*: 9.37%
• 10Y*: —

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

QFHD vs. SCDL - Yearly Performance Comparison

	2026 (YTD)
QFHD Pacer S&P 500 Quality FCF High Dividend ETF	7.01%
SCDL ETRACS 2x Leveraged U.S. Dividend Factor TR ETN	26.63%

Correlation

The correlation between QFHD and SCDL is 0.80, 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 Jan 14, 2026	0.80

Return for Risk

QFHD vs. SCDL — Risk / Return Rank

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

SCDL

SCDL Risk / Return Rank: 80
SCDL Sharpe Ratio Rank: 81
SCDL Sortino Ratio Rank: 83
SCDL Omega Ratio Rank: 73
SCDL Calmar Ratio Rank: 90
SCDL Martin Ratio Rank: 74

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.

QFHD vs. SCDL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Pacer S&P 500 Quality FCF High Dividend ETF (QFHD) and ETRACS 2x Leveraged U.S. Dividend Factor TR ETN (SCDL). 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.

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

Sharpe Ratios by Period

	QFHD	SCDL	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.49	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.32	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.82	0.53	+1.29

Drawdowns

QFHD vs. SCDL - Drawdown Comparison

The maximum QFHD drawdown since its inception was -5.52%, smaller than the maximum SCDL drawdown of -34.87%. Use the drawdown chart below to compare losses from any high point for QFHD and SCDL.

Drawdown Indicators

	QFHD	SCDL	Difference
Max Drawdown Largest peak-to-trough decline	-5.52%	-34.87%	+29.35%
Max Drawdown (1Y) Largest decline over 1 year	—	-10.19%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-32.79%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-34.87%	—
Current Drawdown Current decline from peak	-1.49%	-2.89%	+1.40%
Average Drawdown Average peak-to-trough decline	-2.13%	-11.95%	+9.82%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	4.05%	—

Volatility

Volatility by Period

	QFHD	SCDL	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	5.43%	—
Volatility (6M) Calculated over the trailing 6-month period	—	14.67%	—
Volatility (1Y) Calculated over the trailing 1-year period	10.37%	21.66%	-11.29%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	10.37%	29.01%	-18.64%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	10.37%	28.88%	-18.51%

QFHD vs. SCDL - Expense Ratio Comparison

QFHD has a 0.49% expense ratio, which is lower than SCDL's 0.95% expense ratio.

Dividends

QFHD vs. SCDL - Dividend Comparison

QFHD's dividend yield for the trailing twelve months is around 1.34%, while SCDL has not paid dividends to shareholders.

Position	TTM
QFHD Pacer S&P 500 Quality FCF High Dividend ETF	1.34%
SCDL ETRACS 2x Leveraged U.S. Dividend Factor TR ETN	0.00%

Frequently Asked Questions

Can I hold both QFHD and SCDL in my portfolio?

QFHD and SCDL have a correlation of 0.80, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, QFHD or SCDL?

On fees, QFHD is cheaper at 0.49% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, QFHD or SCDL?

QFHD is cheaper with a 0.49% expense ratio, compared with 0.95% for SCDL.

Which ETF pays a higher dividend yield, QFHD or SCDL?

QFHD has the higher dividend yield at 1.34%, compared with 0.00% for SCDL.

What is the main difference between QFHD and SCDL?

QFHD is categorized as Dividend, while SCDL is Leveraged Equities. QFHD tracks S&P 500 Quality FCF High Dividend Index, while SCDL tracks Dow Jones U.S. Dividend 100 (200%). They also come from different issuers: Pacer and UBS. Their fees differ too: 0.49% for QFHD and 0.95% for SCDL.