SZNE vs. QDPL

Last updated Aug 2, 2026

SZNE (Pacer CFRA-Stovall Equal Weight Seasonal Rotation ETF) and QDPL (Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF) are both Large Cap Blend Equities funds from Pacer - SZNE tracks the Pacer CFRA-Stovall Equal Weight Seasonal Rotation Index while QDPL tracks the Metaurus US Large Cap Dividend Multiplier Index - Series 400. Both are passively managed. Their 0.73 correlation means they have sometimes moved together and sometimes differently. Both charge a 0.60% expense ratio.

Performance

SZNE vs. QDPL - 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 Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF (QDPL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

SZNE

• 1D: —
• 1M: —
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

QDPL

• 1D: 0.60%
• 1M: -0.02%
• 6M: 8.07%
• YTD: 9.38%
• 1Y: 20.15%
• 3Y*: 17.85%
• 5Y*: 11.81%
• 10Y*: —
• ALL TIME*: 11.70%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
QDPL Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF	$5.21M	$5.24M	$6.26M

SZNE vs. QDPL - 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%	4.71%
QDPL Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF	9.38%	16.52%	22.83%	23.66%	-16.25%	7.82%

Correlation

The correlation between SZNE and QDPL is 0.46, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.46
Correlation (3Y) Balances recent behavior with more history.	0.63
Correlation (5Y) Shows whether the relationship held over a longer period.	0.73
Correlation (All Time) Calculated using the full available price history since Jul 13, 2021	0.73

Over the past year, the correlation between SZNE and QDPL has dropped to 0.46 - well below their long-term average of 0.73, suggesting their price drivers have been diverging.

SZNE vs. QDPL - Sectors Allocation Comparison

Sectors	SZNE	QDPL
Technology	19.4%	31.0%
Financial Services	8.1%	10.0%
Industrials	7.8%	6.3%
Healthcare	5.1%	7.5%
Consumer Cyclical	5.1%	7.2%
Energy	3.8%	2.8%
Communication Services	3.7%	7.6%
Real Estate	2.8%	1.6%
Consumer Defensive	2.6%	3.8%
Basic Materials	1.8%	1.5%
Utilities	1.0%	2.2%

Return for Risk

SZNE vs. QDPL — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

SZNE

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

QDPL

QDPL Risk / Return Rank: 63
QDPL Sharpe Ratio Rank: 61
QDPL Sortino Ratio Rank: 60
QDPL Omega Ratio Rank: 61
QDPL Calmar Ratio Rank: 60
QDPL Martin Ratio Rank: 73

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

SZNE vs. QDPL - 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 Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF (QDPL). 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.

	SZNE	QDPL	Difference
Sharpe ratio: Return per unit of total volatility	—	1.43	—
Sortino ratio: Return per unit of downside risk	—	2.03	—
Omega ratio: Gain probability vs. loss probability	—	1.26	—
Calmar ratio: Return relative to maximum drawdown	—	2.10	—
Martin ratio: Return relative to average drawdown	—	9.06	—

Drawdowns

Drawdown Indicators

	SZNE	QDPL	Difference
Max Drawdown Largest peak-to-trough decline	—	-22.59%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-8.65%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-17.75%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-22.59%	—
Current Drawdown Current decline from peak	—	-1.57%	—
Average Drawdown Average peak-to-trough decline	—	-5.04%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.00%	—

Volatility

Volatility by Period

	SZNE	QDPL	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	3.02%	—
Volatility (6M) Calculated over the trailing 6-month period	—	9.92%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	12.68%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	15.02%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	14.99%	—

SZNE vs. QDPL - Expense Ratio Comparison

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

Dividends

SZNE vs. QDPL - Dividend Comparison

SZNE's dividend yield for the trailing twelve months is around 1.23%, less than QDPL's 4.58% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
QDPL Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF	4.58%	4.84%	5.43%	6.30%	7.27%	2.44%	0.00%	0.00%	0.00%
SZNE Pacer CFRA-Stovall Equal Weight Seasonal Rotation ETF	1.23%	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 QDPL in my portfolio?

SZNE and QDPL have a correlation of 0.46, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, SZNE or QDPL?

Both ETFs have the same 0.60% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, SZNE or QDPL?

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

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

QDPL has the higher dividend yield at 4.58%, compared with 1.23% for SZNE.

What is the main difference between SZNE and QDPL?

SZNE tracks Pacer CFRA-Stovall Equal Weight Seasonal Rotation Index, while QDPL tracks Metaurus US Large Cap Dividend Multiplier Index - Series 400.