QFRD vs. GARP
QFRD (Pacer S&P 500 Quality FCF R&D Leaders ETF) and GARP (iShares MSCI USA Quality GARP ETF) are both Quality Factor funds - QFRD tracks the S&P 500 Quality FCF R&D Leaders Index while GARP tracks the MSCI USA Quality GARP Select Index. Both are passively managed. Their 0.79 correlation means they have sometimes moved together and sometimes differently. QFRD charges 0.49%/yr vs 0.15%/yr for GARP.
Performance
QFRD vs. GARP - Performance Comparison
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Returns By Period
QFRD
- 1D
- 0.40%
- 1M
- 0.30%
- 6M
- 17.23%
- YTD
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
GARP
- 1D
- 0.66%
- 1M
- -1.22%
- 6M
- 14.45%
- YTD
- 16.89%
- 1Y
- 31.75%
- 3Y*
- 28.85%
- 5Y*
- 17.48%
- 10Y*
- —
- ALL TIME*
- 20.07%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $25.65M | $25.43M | $23.00M | |
| $22.97K | $34.82K | $12.88K |
QFRD vs. GARP - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
QFRD Pacer S&P 500 Quality FCF R&D Leaders ETF | 13.35% |
GARP iShares MSCI USA Quality GARP ETF | 13.47% |
Correlation
The correlation between QFRD and GARP is 0.79, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Jan 13, 2026 | 0.79 |
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Return for Risk
QFRD vs. GARP — Risk / Return Rank
QFRD
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
GARP
QFRD vs. GARP - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Pacer S&P 500 Quality FCF R&D Leaders ETF (QFRD) and iShares MSCI USA Quality GARP ETF (GARP). 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.
| QFRD | GARP | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.26 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 2.19 | — |
| Martin ratioReturn relative to average drawdown | — | 7.99 | — |
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Drawdowns
QFRD vs. GARP - Drawdown Comparison
The maximum QFRD drawdown since its inception was -9.69%, smaller than the maximum GARP drawdown of -31.34%. Use the drawdown chart below to compare losses from any high point for QFRD and GARP.
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Drawdown Indicators
| QFRD | GARP | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -9.69% | -31.34% | +21.65% |
Max Drawdown (1Y)Largest decline over 1 year | — | -13.69% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -23.73% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -30.61% | — |
Current DrawdownCurrent decline from peak | -3.65% | -4.34% | +0.69% |
Average DrawdownAverage peak-to-trough decline | -3.45% | -7.27% | +3.82% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 3.75% | — |
Volatility
QFRD vs. GARP - Volatility Comparison
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Volatility by Period
| QFRD | GARP | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 5.68% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 16.18% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 19.17% | 20.02% | -0.85% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.17% | 22.34% | -3.17% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.17% | 23.92% | -4.75% |
QFRD vs. GARP - Expense Ratio Comparison
QFRD has a 0.49% expense ratio, which is higher than GARP's 0.15% expense ratio.
Dividends
QFRD vs. GARP - Dividend Comparison
QFRD's dividend yield for the trailing twelve months is around 0.11%, less than GARP's 0.27% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
GARP iShares MSCI USA Quality GARP ETF | 0.27% | 0.31% | 0.38% | 0.75% | 1.85% | 0.67% | 0.75% |
QFRD Pacer S&P 500 Quality FCF R&D Leaders ETF | 0.11% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
QFRD and GARP have a correlation of 0.79, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, GARP is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.
GARP is cheaper with a 0.15% expense ratio, compared with 0.49% for QFRD.
GARP has the higher dividend yield at 0.27%, compared with 0.11% for QFRD.
QFRD tracks S&P 500 Quality FCF R&D Leaders Index, while GARP tracks MSCI USA Quality GARP Select Index. They also come from different issuers: Pacer and iShares. Their fees differ too: 0.49% for QFRD and 0.15% for GARP.
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