Skip to Content
Trade options on Composer. Earn up to $200 in cash rebates!Get Started.T&Cs apply.
ETFs

Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF

QDPL
$—
Today’s Change
— (—)

Snapshot
*

Inception Date
Jul 12, 2021
Expense Ratio
0.79%
Type
US Equities
Fund Owner
Pacer Financial
Volume (1m avg. daily)
$766,025
AUM
$157,612,104
Associated Index
Metaurus US Large Cap Dividend Multiplier Index - Series 400
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

AAPL
Apple Inc
6.16%
MSFT
Microsoft Corporation
5.64%
—
Cash & Other
4.39%
—
UNITED STATES TREAS NTS 1.5% 02/29/2024
4.03%
AMZN
Amazon.com Inc.
2.81%
NVDA
NVIDIA Corp
2.46%
GOOGL
Alphabet Inc - Ordinary Shares - Class A
1.85%
TSLA
Tesla Inc
1.62%
META
Meta Platforms Inc - Ordinary Shares - Class A
1.59%
GOOG
Alphabet Inc - Ordinary Shares - Class C
1.59%
Invest with QDPL
Trade QDPL Options

What is QDPL?

The Fund employs a passive management (or indexing) investment approach designed to track the total return performance, before fees and expenses of Metaurus US Large Cap Dividend Multiplier Index - Series 400. The Index, as designed, has two components: (i) an S&P 500 Index component (the S&P 500 Component ) and (ii) a dividend component (the Dividend Component ) consisting of long positions in annual futures contracts that provide exposure to ordinary dividends paid on the common stocks of companies included in the S&P 500 ( S&P Dividend Futures ). The S&P 500 Index consists of approximately 500 leading U.S.-listed companies representing approximately 80% of the U.S. equity market capitalization.The Dividend Component is designed to give the Fund exposure to approximately 400% of the ordinary dividends the Fund would otherwise have expected to receive from its investment in the S&P 500 Component. The Dividend Component consists of annual futures contracts whose value represents the market s expectation of the amount of ordinary dividends to be paid by S&P 500 companies during the term of the futures contract. As of June 1, 2021, the S&P 500 Component comprised approximately 88% of the Index.

1M
3M
6M
YTD
1Y
3Y
Max
www.composer.trade

QDPL
Performance Measures**

for the time period Jul 13, 2021 to Dec 16, 2025

Returns

1M Trailing Return: 2.6%

The percent change in the value over the most recent 1-month period.

3M Trailing Return: 3.9%

The percent change in the value over the most recent 3-month period.

Measures of Risk or Volatility

Max Drawdown: -22.6%

The greatest percent loss from peak to trough in value over the time period.

Standard Deviation: 15.2%

The typical amount that daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

Measures of Risk-Adjusted Performance

Sharpe Ratio: 0.78

The annualized arithmetic mean of the daily returns divided by the annualized standard deviation of the daily returns for the selected time period.

Calmar Ratio: 0.50

The annualized return divided by the max drawdown for the selected time period.

ETFs related toQDPL

ETFs correlated to QDPL include SPUU, SCHX, SPXL

QDPL
Pacer Funds Trust - Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF
SPUU
Direxion Shares ETF Trust - Direxion Daily S&P 500 Bull 2X Shares
SCHX
Schwab Strategic Trust - Schwab U.S. Large-Cap ETF
SPXL
Direxion Shares ETF Trust - Direxion Daily S&P 500 Bull 3X Shares
XVV
iShares Trust - iShares ESG Screened S&P 500 ETF
VOO
Vanguard Group, Inc. - Vanguard S&P 500 ETF
VOTE
Engine No. 1 ETF Trust - Engine No. 1 Transform 500 ETF
IVV
BlackRock Institutional Trust Company N.A. - iShares Core S&P 500 ETF
IWB
BlackRock Institutional Trust Company N.A. - iShares Russell 1000 ETF
SSO
ProShares Trust - ProShares Ultra S&P500 2x Shares
LCTU
BlackRock ETF Trust - BlackRock U.S. Carbon Transition Readiness ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

FAQ

QDPL is a US Equities ETF. The Fund employs a passive management (or indexing) investment approach designed to track the total return performance, before fees and expenses of Metaurus US Large Cap Dividend Multiplier Index - Series 400. The Index, as designed, has two components: (i) an S&P 500 Index component (the S&P 500 Component ) and (ii) a dividend component (the Dividend Component ) consisting of long positions in annual futures contracts that provide exposure to ordinary dividends paid on the common stocks of companies included in the S&P 500 ( S&P Dividend Futures ). The S&P 500 Index consists of approximately 500 leading U.S.-listed companies representing approximately 80% of the U.S. equity market capitalization.The Dividend Component is designed to give the Fund exposure to approximately 400% of the ordinary dividends the Fund would otherwise have expected to receive from its investment in the S&P 500 Component. The Dividend Component consists of annual futures contracts whose value represents the market s expectation of the amount of ordinary dividends to be paid by S&P 500 companies during the term of the futures contract. As of June 1, 2021, the S&P 500 Component comprised approximately 88% of the Index.

QDPL tracks the Metaurus US Large Cap Dividend Multiplier Index - Series 400.

QDPL dividend information: Dividend - Regular Payors. Dividend payouts may vary in terms of frequency of payouts.

No, QDPL is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, QDPL is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on QDPL is -0.008%. This is the percent change in the value of QDPL over the most recent 1-month period. The 3-month return on QDPL is 0.002%. This is the percent change in the value of QDPL over the most recent 3-month period.

The standard deviation of QDPL for the past year is 0.1501%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to QDPL include VIG, VYM, and DFAS.

ETFs correlated to QDPL include SPUU, SCHX, and SPXL.

ETFs that are inversely correlated to QDPL include SPXS, SDS, and SPXU.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.