QQQA vs. SZNE

Last updated Jun 26, 2026

QQQA (ProShares Nasdaq-100 Dorsey Wright Momentum ETF) and SZNE (Pacer CFRA-Stovall Equal Weight Seasonal Rotation ETF) are both exchange-traded funds - QQQA is a Nasdaq-100 fund tracking the NASDAQ-100 Dorsey Wright Momentum Index - Benchmark TR Gross, while SZNE is a Large Cap Blend Equities fund tracking the Pacer CFRA-Stovall Equal Weight Seasonal Rotation Index. Both are passively managed. A 0.59 correlation means they provide meaningful diversification when combined. QQQA charges 0.58%/yr vs 0.60%/yr for SZNE.

Performance

QQQA vs. SZNE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ProShares Nasdaq-100 Dorsey Wright Momentum ETF (QQQA) and Pacer CFRA-Stovall Equal Weight Seasonal Rotation ETF (SZNE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

QQQA

• 1D: 1.95%
• 1M: 7.50%
• YTD: 65.39%
• 6M: 61.39%
• 1Y: 87.84%
• 3Y*: 34.29%
• 5Y*: 14.43%
• 10Y*: —

SZNE

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

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

QQQA vs. SZNE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
QQQA ProShares Nasdaq-100 Dorsey Wright Momentum ETF	65.39%	9.87%	16.17%	24.98%	-29.08%	9.84%
SZNE Pacer CFRA-Stovall Equal Weight Seasonal Rotation ETF	9.68%	-3.44%	2.05%	6.53%	-12.33%	7.49%

Correlation

The correlation between QQQA and SZNE is 0.39, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.39
Correlation (3Y) Calculated over the trailing 3-year period	0.48
Correlation (5Y) Calculated over the trailing 5-year period	0.59
Correlation (All Time) Calculated using the full available price history since May 20, 2021	0.59

Over the past year, the correlation between QQQA and SZNE has dropped to 0.39 - well below their long-term average of 0.59, suggesting their price drivers have been diverging.

QQQA vs. SZNE - Sectors Allocation Comparison

Sectors	QQQA	SZNE
Technology	78.6%	25.3%
Communication Services	6.7%	0.5%
Energy	6.0%	0.3%
Healthcare	5.4%	-
Consumer Cyclical	3.3%	29.7%
Basic Materials	-	20.3%
Consumer Defensive	-	-
Financial Services	-	-
Industrials	-	23.6%
Real Estate	-	-
Utilities	-	0.3%

Return for Risk

QQQA vs. SZNE — Risk / Return Rank

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

QQQA

QQQA Risk / Return Rank: 91
QQQA Sharpe Ratio Rank: 93
QQQA Sortino Ratio Rank: 86
QQQA Omega Ratio Rank: 88
QQQA Calmar Ratio Rank: 94
QQQA Martin Ratio Rank: 93

SZNE

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

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.

QQQA vs. SZNE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ProShares Nasdaq-100 Dorsey Wright Momentum ETF (QQQA) and Pacer CFRA-Stovall Equal Weight Seasonal Rotation ETF (SZNE). 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.

	QQQA	SZNE	Difference
Sharpe ratio: Return per unit of total volatility	2.92	—	—
Sortino ratio: Return per unit of downside risk	3.36	—	—
Omega ratio: Gain probability vs. loss probability	1.47	—	—
Calmar ratio: Return relative to maximum drawdown	6.07	—	—
Martin ratio: Return relative to average drawdown	21.55	—	—

Drawdowns

Drawdown Indicators

	QQQA	SZNE	Difference
Max Drawdown Largest peak-to-trough decline	-38.44%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-14.54%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-30.84%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-38.44%	—	—
Current Drawdown Current decline from peak	-5.47%	—	—
Average Drawdown Average peak-to-trough decline	-15.53%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	4.09%	—	—

Volatility

Volatility by Period

	QQQA	SZNE	Difference
Volatility (1M) Calculated over the trailing 1-month period	16.88%	—	—
Volatility (6M) Calculated over the trailing 6-month period	26.73%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	30.28%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	26.74%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	26.54%	—	—

QQQA vs. SZNE - Expense Ratio Comparison

QQQA has a 0.58% expense ratio, which is lower than SZNE's 0.60% expense ratio.

Dividends

QQQA vs. SZNE - Dividend Comparison

QQQA's dividend yield for the trailing twelve months is around 0.02%, less than SZNE's 1.23% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
QQQA ProShares Nasdaq-100 Dorsey Wright Momentum ETF	0.02%	0.10%	0.09%	0.34%	0.28%	0.10%	0.00%	0.00%	0.00%
SZNE Pacer CFRA-Stovall Equal Weight Seasonal Rotation ETF	1.23%	1.47%	1.20%	1.21%	1.11%	0.79%	1.37%	0.90%	0.68%

Frequently Asked Questions

Can I hold both QQQA and SZNE in my portfolio?

QQQA and SZNE have a correlation of 0.39, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, QQQA or SZNE?

On fees, QQQA is cheaper at 0.58% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, QQQA or SZNE?

QQQA is cheaper with a 0.58% expense ratio, compared with 0.60% for SZNE.

Which ETF pays a higher dividend yield, QQQA or SZNE?

SZNE has the higher dividend yield at 1.23%, compared with 0.02% for QQQA.

What is the main difference between QQQA and SZNE?

QQQA is categorized as Nasdaq-100, while SZNE is Large Cap Blend Equities. QQQA tracks NASDAQ-100 Dorsey Wright Momentum Index - Benchmark TR Gross, while SZNE tracks Pacer CFRA-Stovall Equal Weight Seasonal Rotation Index. They also come from different issuers: ProShares and Pacer. Their fees differ too: 0.58% for QQQA and 0.60% for SZNE.