SHPP vs. QPX
Compare and contrast key facts about Pacer Industrials and Logistics ETF (SHPP) and AdvisorShares Q Dynamic Growth ETF (QPX).
SHPP and QPX are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SHPP is a passively managed fund by Pacer that tracks the performance of the Pacer Global Supply Chain Infrastructure Index - Benchmark TR Net. It was launched on Jun 8, 2022. QPX is an actively managed fund by AdvisorShares. It was launched on Dec 28, 2020.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SHPP or QPX.
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
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Key characteristics
SHPP:
0.13
QPX:
0.69
SHPP:
0.36
QPX:
1.11
SHPP:
1.05
QPX:
1.16
SHPP:
0.15
QPX:
0.79
SHPP:
0.59
QPX:
3.00
SHPP:
4.94%
QPX:
4.68%
SHPP:
18.58%
QPX:
20.33%
SHPP:
-21.57%
QPX:
-34.75%
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
2.89%
11.16%
-1.43%
2.32%
N/A
N/A
QPX
1.91%
9.73%
0.62%
13.89%
N/A
N/A
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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
SHPP
QPX
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.
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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.
TTM | 2024 | 2023 | 2022 | |
---|---|---|---|---|
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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