SHPP vs. QPX
SHPP (Pacer Industrials and Logistics ETF) and QPX (AdvisorShares Q Dynamic Growth ETF) are both exchange-traded funds - SHPP is a Industrials Equities fund tracking the Pacer Global Supply Chain Infrastructure Index - Benchmark TR Net, while QPX is a Large Cap Growth Equities fund actively managed by AdvisorShares. SHPP is passively managed, while QPX is actively managed. Over the past 3 years, SHPP returned 10.45%/yr vs 17.19%/yr for QPX. Their 0.72 correlation means they have sometimes moved together and sometimes differently. SHPP charges 0.61%/yr vs 1.46%/yr for QPX.
Performance
SHPP vs. QPX - Performance Comparison
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Returns By Period
In the year-to-date period, SHPP achieves a 18.08% return, which is significantly higher than QPX's 6.38% return.
SHPP
- 1D
- 0.20%
- 1M
- 1.57%
- 6M
- 14.15%
- YTD
- 18.08%
- 1Y
- 27.78%
- 3Y*
- 10.45%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 11.27%
QPX
- 1D
- 0.67%
- 1M
- -1.67%
- 6M
- 4.08%
- YTD
- 6.38%
- 1Y
- 21.40%
- 3Y*
- 17.19%
- 5Y*
- 10.61%
- 10Y*
- —
- ALL TIME*
- 12.04%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $70.64K | $166.89K | $141.42K | |
| $5.70K | $6.05K | $3.27K |
SHPP vs. QPX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
SHPP Pacer Industrials and Logistics ETF | 18.08% | 12.88% | 0.76% | 20.86% | -4.12% |
QPX AdvisorShares Q Dynamic Growth ETF | 6.38% | 24.12% | 17.28% | 44.63% | -12.17% |
Correlation
The correlation between SHPP and QPX is 0.66, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.66 |
Correlation (3Y) Balances recent behavior with more history. | 0.68 |
Correlation (All Time) Calculated using the full available price history since Jun 9, 2022 | 0.72 |
The correlation between SHPP and QPX has been stable across timeframes, ranging from 0.66 to 0.72 - a consistent structural relationship.
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Return for Risk
SHPP vs. QPX — Risk / Return Rank
SHPP
QPX
SHPP vs. QPX - Risk-Adjusted Trends 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.
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.
| SHPP | QPX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.47 | ||
| Sortino ratioReturn per unit of downside risk | +0.65 | ||
| Omega ratioGain probability vs. loss probability | 1.31 | 1.22 | +0.09 |
| Calmar ratioReturn relative to maximum drawdown | 2.40 | 1.74 | +0.66 |
| Martin ratioReturn relative to average drawdown | 9.36 | 6.11 | +3.26 |
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Drawdowns
SHPP vs. QPX - Drawdown Comparison
The maximum SHPP drawdown since its inception was -21.57%, smaller than the maximum QPX drawdown of -34.74%. Use the drawdown chart below to compare losses from any high point for SHPP and QPX.
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Drawdown Indicators
| SHPP | QPX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -21.57% | -34.74% | +13.17% |
Max Drawdown (1Y)Largest decline over 1 year | -11.06% | -11.56% | +0.50% |
Max Drawdown (3Y)Largest decline over 3 years | -18.84% | -17.89% | -0.95% |
Max Drawdown (5Y)Largest decline over 5 years | — | -34.74% | — |
Current DrawdownCurrent decline from peak | -0.96% | -4.69% | +3.73% |
Average DrawdownAverage peak-to-trough decline | -4.16% | -7.94% | +3.78% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.82% | 3.28% | -0.46% |
Volatility
SHPP vs. QPX - Volatility Comparison
The current volatility for Pacer Industrials and Logistics ETF (SHPP) is 2.87%, while AdvisorShares Q Dynamic Growth ETF (QPX) has a volatility of 5.11%. This indicates that SHPP experiences smaller price fluctuations and is considered to be less risky than QPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SHPP | QPX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.87% | 5.11% | -2.24% |
Volatility (6M)Calculated over the trailing 6-month period | 12.54% | 13.00% | -0.46% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.30% | 15.89% | -0.59% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.33% | 20.16% | -2.83% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.33% | 20.01% | -2.68% |
SHPP vs. QPX - Expense Ratio Comparison
SHPP has a 0.61% expense ratio, which is lower than QPX's 1.46% expense ratio.
Dividends
SHPP vs. QPX - Dividend Comparison
SHPP's dividend yield for the trailing twelve months is around 1.69%, while QPX has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
QPX AdvisorShares Q Dynamic Growth ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SHPP Pacer Industrials and Logistics ETF | 1.69% | 1.80% | 2.41% | 2.89% | 1.15% |
Frequently Asked Questions
SHPP and QPX have a correlation of 0.66, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
QPX has higher volatility (5.11%) compared to SHPP (2.87%). In terms of maximum drawdown, SHPP dropped -21.57% vs QPX's -34.74%.
On 3-year performance, QPX leads with 17.19% vs 10.45% for SHPP. On fees, SHPP is cheaper at 0.61% per year. On volatility, SHPP has been the lower-risk option at 2.87%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 3-year period, QPX has performed better with a 17.19% return vs 10.45%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
SHPP is cheaper with a 0.61% expense ratio, compared with 1.46% for QPX.
SHPP has the higher dividend yield at 1.69%, compared with 0.00% for QPX.
SHPP is categorized as Industrials Equities, while QPX is Large Cap Growth Equities. They also come from different issuers: Pacer and AdvisorShares. Their fees differ too: 0.61% for SHPP and 1.46% for QPX.
SHPP currently has the higher Sharpe Ratio (1.74 vs 1.26), 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.
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