SZNE vs. QCLR

Last updated Jun 4, 2026

SZNE (Pacer CFRA-Stovall Equal Weight Seasonal Rotation ETF) and QCLR (Global X NASDAQ 100 Collar 95-110 ETF) are both exchange-traded funds - SZNE is a Large Cap Growth Equities fund tracking the Pacer CFRA-Stovall Equal Weight Seasonal Rotation Index, while QCLR is a Nasdaq-100 fund tracking the NASDAQ-100 Quarterly Collar 95-110 Index. Both are passively managed. Over the past 3 years, SZNE returned 3.38%/yr vs 13.84%/yr for QCLR. A 0.54 correlation means they provide meaningful diversification when combined. Both charge a 0.60% expense ratio.

Performance

SZNE vs. QCLR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Pacer CFRA-Stovall Equal Weight Seasonal Rotation ETF (SZNE) and Global X NASDAQ 100 Collar 95-110 ETF (QCLR). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SZNE achieves a 9.68% return, which is significantly higher than QCLR's 1.40% return.

SZNE

• 1D: 0.00%
• 1M: 0.07%
• YTD: 9.68%
• 6M: 10.60%
• 1Y: 12.73%
• 3Y*: 3.38%
• 5Y*: 1.44%
• 10Y*: —

QCLR

• 1D: 0.00%
• 1M: 1.52%
• YTD: 1.40%
• 6M: -0.07%
• 1Y: 11.39%
• 3Y*: 13.84%
• 5Y*: —
• 10Y*: —

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

SZNE vs. QCLR - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
SZNE Pacer CFRA-Stovall Equal Weight Seasonal Rotation ETF	9.68%	-3.44%	2.05%	6.53%	-12.33%	2.80%
QCLR Global X NASDAQ 100 Collar 95-110 ETF	1.40%	11.27%	20.27%	28.87%	-18.87%	3.02%

Correlation

The correlation between SZNE and QCLR is 0.48, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.48
Correlation (3Y) Calculated over the trailing 3-year period	0.50
Correlation (All Time) Calculated using the full available price history since Aug 27, 2021	0.54

The correlation between SZNE and QCLR has been stable across timeframes, ranging from 0.48 to 0.54 - a consistent structural relationship.

SZNE vs. QCLR - Sectors Allocation Comparison

Sectors	SZNE	QCLR
Consumer Cyclical	29.7%	12.2%
Technology	25.3%	53.8%
Industrials	23.6%	2.9%
Basic Materials	20.3%	1.1%
Communication Services	0.5%	15.8%
Energy	0.3%	0.6%
Utilities	0.3%	1.4%
Consumer Defensive	-	7.7%
Financial Services	-	0.2%
Healthcare	-	4.2%
Real Estate	-	0.1%

Return for Risk

SZNE vs. QCLR — Risk / Return Rank

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

SZNE

SZNE Risk / Return Rank: 31
SZNE Sharpe Ratio Rank: 30
SZNE Sortino Ratio Rank: 30
SZNE Omega Ratio Rank: 29
SZNE Calmar Ratio Rank: 32
SZNE Martin Ratio Rank: 34

QCLR

QCLR Risk / Return Rank: 29
QCLR Sharpe Ratio Rank: 32
QCLR Sortino Ratio Rank: 29
QCLR Omega Ratio Rank: 32
QCLR Calmar Ratio Rank: 24
QCLR Martin Ratio Rank: 28

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.

SZNE vs. QCLR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Pacer CFRA-Stovall Equal Weight Seasonal Rotation ETF (SZNE) and Global X NASDAQ 100 Collar 95-110 ETF (QCLR). 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.

	SZNE	QCLR	Difference
Sharpe ratio: Return per unit of total volatility	1.06	1.17	-0.10
Sortino ratio: Return per unit of downside risk	1.61	1.60	+0.01
Omega ratio: Gain probability vs. loss probability	1.19	1.22	-0.02
Calmar ratio: Return relative to maximum drawdown	1.58	1.12	+0.46
Martin ratio: Return relative to average drawdown	5.14	4.02	+1.12
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SZNE vs. QCLR - Sharpe Ratio Comparison

The current SZNE Sharpe Ratio is 1.06, which is comparable to the QCLR Sharpe Ratio of 1.17. The chart below compares the historical Sharpe Ratios of SZNE and QCLR, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	SZNE	QCLR	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.06	1.17	-0.10
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.09	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.34	0.67	-0.33

Drawdowns

SZNE vs. QCLR - Drawdown Comparison

The maximum SZNE drawdown since its inception was -39.79%, which is greater than QCLR's maximum drawdown of -21.77%. Use the drawdown chart below to compare losses from any high point for SZNE and QCLR.

Drawdown Indicators

	SZNE	QCLR	Difference
Max Drawdown Largest peak-to-trough decline	-39.79%	-21.77%	-18.02%
Max Drawdown (1Y) Largest decline over 1 year	-9.92%	-10.22%	+0.30%
Max Drawdown (3Y) Largest decline over 3 years	-22.92%	-13.58%	-9.34%
Max Drawdown (5Y) Largest decline over 5 years	-22.92%	—	—
Current Drawdown Current decline from peak	-1.15%	-0.89%	-0.26%
Average Drawdown Average peak-to-trough decline	-7.33%	-6.20%	-1.13%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.04%	2.84%	+0.20%

Volatility

SZNE vs. QCLR - Volatility Comparison

Pacer CFRA-Stovall Equal Weight Seasonal Rotation ETF (SZNE) has a higher volatility of 2.73% compared to Global X NASDAQ 100 Collar 95-110 ETF (QCLR) at 0.45%. This indicates that SZNE's price experiences larger fluctuations and is considered to be riskier than QCLR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SZNE	QCLR	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.73%	0.45%	+2.28%
Volatility (6M) Calculated over the trailing 6-month period	11.47%	7.24%	+4.23%
Volatility (1Y) Calculated over the trailing 1-year period	14.80%	9.82%	+4.98%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.98%	12.42%	+4.56%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.10%	12.42%	+7.68%

SZNE vs. QCLR - Expense Ratio Comparison

Both SZNE and QCLR have an expense ratio of 0.60%.

Dividends

SZNE vs. QCLR - Dividend Comparison

SZNE's dividend yield for the trailing twelve months is around 1.37%, less than QCLR's 14.68% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
QCLR Global X NASDAQ 100 Collar 95-110 ETF	14.68%	14.89%	8.89%	0.47%	0.27%	1.64%	0.00%	0.00%	0.00%
SZNE Pacer CFRA-Stovall Equal Weight Seasonal Rotation ETF	1.37%	1.47%	1.20%	1.21%	1.11%	0.79%	1.37%	0.90%	0.68%

Frequently Asked Questions

Can I hold both SZNE and QCLR in my portfolio?

SZNE and QCLR have a correlation of 0.48, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SZNE or QCLR?

SZNE has higher volatility (2.73%) compared to QCLR (0.45%). In terms of maximum drawdown, SZNE dropped -39.79% vs QCLR's -21.77%.

Which ETF is better, SZNE or QCLR?

On 3-year performance, QCLR leads with 13.84% vs 3.38% for SZNE. Both ETFs have the same 0.60% expense ratio. On volatility, QCLR has been the lower-risk option at 0.45%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, SZNE or QCLR?

Over the 3-year period, QCLR has performed better with a 13.84% return vs 3.38%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, SZNE or QCLR?

SZNE and QCLR have the same expense ratio: 0.60% per year.

Which ETF pays a higher dividend yield, SZNE or QCLR?

QCLR has the higher dividend yield at 14.68%, compared with 1.37% for SZNE.

What is the main difference between SZNE and QCLR?

SZNE is categorized as Large Cap Growth Equities, while QCLR is Nasdaq-100. SZNE tracks Pacer CFRA-Stovall Equal Weight Seasonal Rotation Index, while QCLR tracks NASDAQ-100 Quarterly Collar 95-110 Index. They also come from different issuers: Pacer and Global X.

Which has better risk-adjusted returns?

QCLR currently has the higher Sharpe Ratio (1.17 vs 1.06), 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.