QPX vs. SHPP
QPX (AdvisorShares Q Dynamic Growth ETF) and SHPP (Pacer Industrials and Logistics ETF) are both exchange-traded funds - QPX is a Large Cap Growth Equities fund actively managed by AdvisorShares, while SHPP is a Industrials Equities fund tracking the Pacer Global Supply Chain Infrastructure Index - Benchmark TR Net. QPX is actively managed, while SHPP is passively managed. Over the past 3 years, QPX returned 17.19%/yr vs 10.45%/yr for SHPP. Their 0.72 correlation means they have sometimes moved together and sometimes differently. QPX charges 1.46%/yr vs 0.61%/yr for SHPP.
Performance
QPX vs. SHPP - Performance Comparison
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Returns By Period
In the year-to-date period, QPX achieves a 6.38% return, which is significantly lower than SHPP's 18.08% return.
QPX
- 1D
- 0.67%
- 1M
- -1.67%
- 6M
- 4.08%
- YTD
- 6.38%
- 1Y
- 21.40%
- 3Y*
- 17.19%
- 5Y*
- 10.61%
- 10Y*
- —
- ALL TIME*
- 12.04%
SHPP
- 1D
- 0.20%
- 1M
- 1.57%
- 6M
- 14.15%
- YTD
- 18.08%
- 1Y
- 27.78%
- 3Y*
- 10.45%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 11.27%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $70.64K | $166.89K | $141.42K | |
| $5.70K | $6.05K | $3.27K |
QPX vs. SHPP - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
QPX AdvisorShares Q Dynamic Growth ETF | 6.38% | 24.12% | 17.28% | 44.63% | -12.17% |
SHPP Pacer Industrials and Logistics ETF | 18.08% | 12.88% | 0.76% | 20.86% | -4.12% |
Correlation
The correlation between QPX and SHPP is 0.66, 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. | 0.66 |
Correlation (3Y) Balances recent behavior with more history. | 0.68 |
Correlation (All Time) Calculated using the full available price history since Jun 9, 2022 | 0.72 |
The correlation between QPX and SHPP has been stable across timeframes, ranging from 0.66 to 0.72 - a consistent structural relationship.
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Return for Risk
QPX vs. SHPP — Risk / Return Rank
QPX
SHPP
QPX vs. SHPP - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for AdvisorShares Q Dynamic Growth ETF (QPX) and Pacer Industrials and Logistics ETF (SHPP). 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.
| QPX | SHPP | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.47 | ||
| Sortino ratioReturn per unit of downside risk | -0.65 | ||
| Omega ratioGain probability vs. loss probability | 1.22 | 1.31 | -0.09 |
| Calmar ratioReturn relative to maximum drawdown | 1.74 | 2.40 | -0.66 |
| Martin ratioReturn relative to average drawdown | 6.11 | 9.36 | -3.26 |
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Drawdowns
QPX vs. SHPP - Drawdown Comparison
The maximum QPX drawdown since its inception was -34.74%, which is greater than SHPP's maximum drawdown of -21.57%. Use the drawdown chart below to compare losses from any high point for QPX and SHPP.
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Drawdown Indicators
| QPX | SHPP | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -34.74% | -21.57% | -13.17% |
Max Drawdown (1Y)Largest decline over 1 year | -11.56% | -11.06% | -0.50% |
Max Drawdown (3Y)Largest decline over 3 years | -17.89% | -18.84% | +0.95% |
Max Drawdown (5Y)Largest decline over 5 years | -34.74% | — | — |
Current DrawdownCurrent decline from peak | -4.69% | -0.96% | -3.73% |
Average DrawdownAverage peak-to-trough decline | -7.94% | -4.16% | -3.78% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.28% | 2.82% | +0.46% |
Volatility
QPX vs. SHPP - Volatility Comparison
AdvisorShares Q Dynamic Growth ETF (QPX) has a higher volatility of 5.11% compared to Pacer Industrials and Logistics ETF (SHPP) at 2.87%. This indicates that QPX's price experiences larger fluctuations and is considered to be riskier than SHPP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| QPX | SHPP | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.11% | 2.87% | +2.24% |
Volatility (6M)Calculated over the trailing 6-month period | 13.00% | 12.54% | +0.46% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.89% | 15.30% | +0.59% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.16% | 17.33% | +2.83% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.01% | 17.33% | +2.68% |
QPX vs. SHPP - Expense Ratio Comparison
QPX has a 1.46% expense ratio, which is higher than SHPP's 0.61% expense ratio.
Dividends
QPX vs. SHPP - Dividend Comparison
QPX has not paid dividends to shareholders, while SHPP's dividend yield for the trailing twelve months is around 1.69%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
QPX AdvisorShares Q Dynamic Growth ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SHPP Pacer Industrials and Logistics ETF | 1.69% | 1.80% | 2.41% | 2.89% | 1.15% |
Frequently Asked Questions
QPX and SHPP have a correlation of 0.66, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
QPX has higher volatility (5.11%) compared to SHPP (2.87%). In terms of maximum drawdown, QPX dropped -34.74% vs SHPP's -21.57%.
On 3-year performance, QPX leads with 17.19% vs 10.45% for SHPP. On fees, SHPP is cheaper at 0.61% per year. On volatility, SHPP has been the lower-risk option at 2.87%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 3-year period, QPX has performed better with a 17.19% return vs 10.45%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
SHPP is cheaper with a 0.61% expense ratio, compared with 1.46% for QPX.
SHPP has the higher dividend yield at 1.69%, compared with 0.00% for QPX.
QPX is categorized as Large Cap Growth Equities, while SHPP is Industrials Equities. They also come from different issuers: AdvisorShares and Pacer. Their fees differ too: 1.46% for QPX and 0.61% for SHPP.
SHPP currently has the higher Sharpe Ratio (1.74 vs 1.26), 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.
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