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SHPP vs. QPX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between SHPP and QPX is 0.79, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.


Performance

SHPP vs. QPX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Pacer Industrials and Logistics ETF (SHPP) and AdvisorShares Q Dynamic Growth ETF (QPX). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

SHPP:

0.13

QPX:

0.69

Sortino Ratio

SHPP:

0.36

QPX:

1.11

Omega Ratio

SHPP:

1.05

QPX:

1.16

Calmar Ratio

SHPP:

0.15

QPX:

0.79

Martin Ratio

SHPP:

0.59

QPX:

3.00

Ulcer Index

SHPP:

4.94%

QPX:

4.68%

Daily Std Dev

SHPP:

18.58%

QPX:

20.33%

Max Drawdown

SHPP:

-21.57%

QPX:

-34.75%

Current Drawdown

SHPP:

-3.25%

QPX:

-2.09%

Returns By Period

In the year-to-date period, SHPP achieves a 2.89% return, which is significantly higher than QPX's 1.91% return.


SHPP

YTD

2.89%

1M

11.16%

6M

-1.43%

1Y

2.32%

5Y*

N/A

10Y*

N/A

QPX

YTD

1.91%

1M

9.73%

6M

0.62%

1Y

13.89%

5Y*

N/A

10Y*

N/A

*Annualized

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SHPP vs. QPX - Expense Ratio Comparison

SHPP has a 0.61% expense ratio, which is lower than QPX's 1.46% expense ratio.


Risk-Adjusted Performance

SHPP vs. QPX — Risk-Adjusted Performance Rank

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

SHPP
The Risk-Adjusted Performance Rank of SHPP is 2222
Overall Rank
The Sharpe Ratio Rank of SHPP is 2020
Sharpe Ratio Rank
The Sortino Ratio Rank of SHPP is 2222
Sortino Ratio Rank
The Omega Ratio Rank of SHPP is 2121
Omega Ratio Rank
The Calmar Ratio Rank of SHPP is 2424
Calmar Ratio Rank
The Martin Ratio Rank of SHPP is 2424
Martin Ratio Rank

QPX
The Risk-Adjusted Performance Rank of QPX is 6868
Overall Rank
The Sharpe Ratio Rank of QPX is 6464
Sharpe Ratio Rank
The Sortino Ratio Rank of QPX is 6565
Sortino Ratio Rank
The Omega Ratio Rank of QPX is 6666
Omega Ratio Rank
The Calmar Ratio Rank of QPX is 7272
Calmar Ratio Rank
The Martin Ratio Rank of QPX is 7171
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

SHPP vs. QPX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Pacer Industrials and Logistics ETF (SHPP) and AdvisorShares Q Dynamic Growth ETF (QPX). 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.


The current SHPP Sharpe Ratio is 0.13, which is lower than the QPX Sharpe Ratio of 0.69. The chart below compares the historical Sharpe Ratios of SHPP and QPX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Dividends

SHPP vs. QPX - Dividend Comparison

SHPP's dividend yield for the trailing twelve months is around 2.58%, while QPX has not paid dividends to shareholders.


TTM202420232022
SHPP
Pacer Industrials and Logistics ETF
2.58%2.41%2.89%1.15%
QPX
AdvisorShares Q Dynamic Growth ETF
0.00%0.00%0.00%0.00%

Drawdowns

SHPP vs. QPX - Drawdown Comparison

The maximum SHPP drawdown since its inception was -21.57%, smaller than the maximum QPX drawdown of -34.75%. Use the drawdown chart below to compare losses from any high point for SHPP and QPX. For additional features, visit the drawdowns tool.


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Volatility

SHPP vs. QPX - Volatility Comparison

Pacer Industrials and Logistics ETF (SHPP) has a higher volatility of 6.01% compared to AdvisorShares Q Dynamic Growth ETF (QPX) at 4.99%. This indicates that SHPP's price experiences larger fluctuations and is considered to be riskier than QPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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