QQWZ vs. BTC-USD

Last updated Jul 14, 2026

QQWZ (Pacer Cash COWZ 100-Nasdaq 100 Rotator ETF) is Nasdaq-100 fund actively managed by Pacer, while BTC-USD (Bitcoin) is a cryptocurrency. Over the past year, QQWZ returned 25.26% vs -47.54% for BTC-USD. At a 0.28 correlation, their price movements are largely independent.

Performance

QQWZ vs. BTC-USD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Pacer Cash COWZ 100-Nasdaq 100 Rotator ETF (QQWZ) and Bitcoin (BTC-USD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, QQWZ achieves a 13.90% return, which is significantly higher than BTC-USD's -28.58% return.

QQWZ

• 1D: -1.79%
• 1M: -1.20%
• 6M: 9.88%
• YTD: 13.90%
• 1Y: 25.26%
• 3Y*: —
• 5Y*: —
• 10Y*: —

BTC-USD

• 1D: -1.96%
• 1M: -3.01%
• 6M: -31.47%
• YTD: -28.58%
• 1Y: -47.54%
• 3Y*: 27.25%
• 5Y*: 13.75%
• 10Y*: 57.45%

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

QQWZ vs. BTC-USD - Yearly Performance Comparison

	2026 (YTD)	2025
QQWZ Pacer Cash COWZ 100-Nasdaq 100 Rotator ETF	13.90%	26.23%
BTC-USD Bitcoin	-28.58%	-9.65%

Correlation

The correlation between QQWZ and BTC-USD is 0.29, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.29
Correlation (All Time) Calculated using the full available price history since May 7, 2025	0.28

Return for Risk

QQWZ vs. BTC-USD — Risk / Return Rank

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

QQWZ

QQWZ Risk / Return Rank: 64
QQWZ Sharpe Ratio Rank: 58
QQWZ Sortino Ratio Rank: 55
QQWZ Omega Ratio Rank: 58
QQWZ Calmar Ratio Rank: 78
QQWZ Martin Ratio Rank: 72

BTC-USD

BTC-USD Risk / Return Rank: 18
BTC-USD Sharpe Ratio Rank: 3
BTC-USD Sortino Ratio Rank: 26
BTC-USD Omega Ratio Rank: 22
BTC-USD Calmar Ratio Rank: 34
BTC-USD Martin Ratio Rank: 5

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.

QQWZ vs. BTC-USD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Pacer Cash COWZ 100-Nasdaq 100 Rotator ETF (QQWZ) and Bitcoin (BTC-USD). 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.

	QQWZ	BTC-USD	Difference
Sharpe ratio: Return per unit of total volatility	1.56	-1.11	+2.67
Sortino ratio: Return per unit of downside risk	2.12	-1.71	+3.83
Omega ratio: Gain probability vs. loss probability	1.29	0.83	+0.46
Calmar ratio: Return relative to maximum drawdown	3.25	-0.90	+4.14
Martin ratio: Return relative to average drawdown	10.44	-1.46	+11.89

QQWZ vs. BTC-USD - Sharpe Ratio Comparison

The current QQWZ Sharpe Ratio is 1.56, which is higher than the BTC-USD Sharpe Ratio of -1.11. The chart below compares the historical Sharpe Ratios of QQWZ and BTC-USD, 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

QQWZ vs. BTC-USD - Drawdown Comparison

The maximum QQWZ drawdown since its inception was -7.81%, smaller than the maximum BTC-USD drawdown of -85.30%. Use the drawdown chart below to compare losses from any high point for QQWZ and BTC-USD.

Drawdown Indicators

	QQWZ	BTC-USD	Difference
Max Drawdown Largest peak-to-trough decline	-7.81%	-85.30%	+77.49%
Max Drawdown (1Y) Largest decline over 1 year	-7.81%	-53.08%	+45.27%
Max Drawdown (3Y) Largest decline over 3 years	—	-53.08%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-76.67%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-83.80%	—
Current Drawdown Current decline from peak	-4.45%	-49.89%	+45.44%
Average Drawdown Average peak-to-trough decline	-1.54%	-42.55%	+41.01%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.43%	28.99%	-26.56%

Volatility

QQWZ vs. BTC-USD - Volatility Comparison

The current volatility for Pacer Cash COWZ 100-Nasdaq 100 Rotator ETF (QQWZ) is 8.02%, while Bitcoin (BTC-USD) has a volatility of 8.86%. This indicates that QQWZ experiences smaller price fluctuations and is considered to be less risky than BTC-USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	QQWZ	BTC-USD	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.02%	8.86%	-0.84%
Volatility (6M) Calculated over the trailing 6-month period	12.17%	34.96%	-22.79%
Volatility (1Y) Calculated over the trailing 1-year period	16.27%	35.56%	-19.29%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.16%	43.94%	-27.78%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.16%	56.32%	-40.16%

Frequently Asked Questions

Can I hold both QQWZ and BTC-USD in my portfolio?

QQWZ and BTC-USD have a correlation of 0.29, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, QQWZ or BTC-USD?

BTC-USD has higher volatility (8.86%) compared to QQWZ (8.02%). In terms of maximum drawdown, QQWZ dropped -7.81% vs BTC-USD's -85.30%.

Which has better risk-adjusted returns?

QQWZ currently has the higher Sharpe Ratio (1.56 vs -1.11), 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.