QSIX vs. QEW

Last updated Jun 24, 2026

QSIX (Pacer Metarus Nasdaq 100 Dividend Multiplier 600 ETF) and QEW (Invesco QQQ Equal Weight ETF) are both Nasdaq-100 funds - QSIX tracks the Nasdaq-100 Index while QEW tracks the Nasdaq-100 Equal Weighted Index. Both are passively managed. Their correlation of 0.91 suggests significant overlap in exposure. QSIX charges 0.60%/yr vs 0.25%/yr for QEW.

Performance

QSIX vs. QEW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Pacer Metarus Nasdaq 100 Dividend Multiplier 600 ETF (QSIX) and Invesco QQQ Equal Weight ETF (QEW). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

QSIX

• 1D: -2.89%
• 1M: -0.31%
• YTD: 15.33%
• 6M: 13.92%
• 1Y: 32.02%
• 3Y*: —
• 5Y*: —
• 10Y*: —

QEW

• 1D: -2.01%
• 1M: 1.99%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

QSIX vs. QEW - Yearly Performance Comparison

	2026 (YTD)
QSIX Pacer Metarus Nasdaq 100 Dividend Multiplier 600 ETF	17.50%
QEW Invesco QQQ Equal Weight ETF	17.75%

Correlation

The correlation between QSIX and QEW is 0.91, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Mar 18, 2026	0.91

Return for Risk

QSIX vs. QEW — Risk / Return Rank

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

QSIX

QSIX Risk / Return Rank: 64
QSIX Sharpe Ratio Rank: 66
QSIX Sortino Ratio Rank: 60
QSIX Omega Ratio Rank: 62
QSIX Calmar Ratio Rank: 64
QSIX Martin Ratio Rank: 66

QEW

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.

QSIX vs. QEW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Pacer Metarus Nasdaq 100 Dividend Multiplier 600 ETF (QSIX) and Invesco QQQ Equal Weight ETF (QEW). 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.

	QSIX	QEW	Difference
Sharpe ratio: Return per unit of total volatility	1.96	—	—
Sortino ratio: Return per unit of downside risk	2.60	—	—
Omega ratio: Gain probability vs. loss probability	1.35	—	—
Calmar ratio: Return relative to maximum drawdown	2.91	—	—
Martin ratio: Return relative to average drawdown	11.01	—	—

Drawdowns

QSIX vs. QEW - Drawdown Comparison

The maximum QSIX drawdown since its inception was -20.72%, which is greater than QEW's maximum drawdown of -5.87%. Use the drawdown chart below to compare losses from any high point for QSIX and QEW.

Drawdown Indicators

	QSIX	QEW	Difference
Max Drawdown Largest peak-to-trough decline	-20.72%	-5.87%	-14.85%
Max Drawdown (1Y) Largest decline over 1 year	-11.05%	—	—
Current Drawdown Current decline from peak	-3.91%	-3.04%	-0.87%
Average Drawdown Average peak-to-trough decline	-3.05%	-1.11%	-1.94%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.92%	—	—

Volatility

Volatility by Period

	QSIX	QEW	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.16%	—	—
Volatility (6M) Calculated over the trailing 6-month period	13.28%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	16.41%	20.39%	-3.98%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.76%	20.39%	-0.63%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.76%	20.39%	-0.63%

QSIX vs. QEW - Expense Ratio Comparison

QSIX has a 0.60% expense ratio, which is higher than QEW's 0.25% expense ratio.

Dividends

QSIX vs. QEW - Dividend Comparison

QSIX's dividend yield for the trailing twelve months is around 3.96%, more than QEW's 0.11% yield.

Position	TTM	2025	2024
QEW Invesco QQQ Equal Weight ETF	0.11%	0.00%	0.00%
QSIX Pacer Metarus Nasdaq 100 Dividend Multiplier 600 ETF	3.96%	4.02%	1.07%

Frequently Asked Questions

Can I hold both QSIX and QEW in my portfolio?

With a correlation of 0.91, QSIX and QEW move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which ETF is better, QSIX or QEW?

On fees, QEW is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, QSIX or QEW?

QEW is cheaper with a 0.25% expense ratio, compared with 0.60% for QSIX.

Which ETF pays a higher dividend yield, QSIX or QEW?

QSIX has the higher dividend yield at 3.96%, compared with 0.11% for QEW.

What is the main difference between QSIX and QEW?

QSIX tracks Nasdaq-100 Index, while QEW tracks Nasdaq-100 Equal Weighted Index. They also come from different issuers: Pacer and Invesco. Their fees differ too: 0.60% for QSIX and 0.25% for QEW.