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QQWZ vs. ESBG
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

QQWZ vs. ESBG - 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 First Trust Enhanced Stocks, Bonds & Gold ETF (ESBG). The values are adjusted to include any dividend payments, if applicable.

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QQWZ vs. ESBG - Yearly Performance Comparison


Returns By Period

In the year-to-date period, QQWZ achieves a 4.75% return, which is significantly higher than ESBG's 0.41% return.


QQWZ

1D
-0.31%
1M
-3.59%
YTD
4.75%
6M
5.81%
1Y
3Y*
5Y*
10Y*

ESBG

1D
4.04%
1M
-12.65%
YTD
0.41%
6M
1Y
3Y*
5Y*
10Y*
*Multi-year figures are annualized to reflect compound growth (CAGR)

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QQWZ vs. ESBG - Expense Ratio Comparison

QQWZ has a 0.49% expense ratio, which is lower than ESBG's 0.95% expense ratio.


Return for Risk

QQWZ vs. ESBG - 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 First Trust Enhanced Stocks, Bonds & Gold ETF (ESBG). 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.

QQWZ vs. ESBG - Sharpe Ratio Comparison


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Sharpe Ratios by Period


QQWZESBGDifference

Sharpe Ratio (All Time)

Calculated using the full available price history

2.52

0.67

+1.86

Correlation

The correlation between QQWZ and ESBG is 0.40, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


Dividends

QQWZ vs. ESBG - Dividend Comparison

QQWZ's dividend yield for the trailing twelve months is around 0.35%, less than ESBG's 0.60% yield.


Drawdowns

QQWZ vs. ESBG - Drawdown Comparison

The maximum QQWZ drawdown since its inception was -7.81%, smaller than the maximum ESBG drawdown of -18.84%. Use the drawdown chart below to compare losses from any high point for QQWZ and ESBG.


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Drawdown Indicators


QQWZESBGDifference

Max Drawdown

Largest peak-to-trough decline

-7.81%

-18.84%

+11.03%

Current Drawdown

Current decline from peak

-3.61%

-14.85%

+11.24%

Average Drawdown

Average peak-to-trough decline

-1.29%

-4.18%

+2.89%

Volatility

QQWZ vs. ESBG - Volatility Comparison


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Volatility by Period


QQWZESBGDifference

Volatility (1Y)

Calculated over the trailing 1-year period

14.51%

27.73%

-13.22%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

14.51%

27.73%

-13.22%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

14.51%

27.73%

-13.22%