QDPL
Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF
QDPL tracks an index based on the stocks in the S&P 500 Index, long S&P Dividend futures and 3-year Treasurys. The objective is to provide 400% of the ordinary yield of the S&P 500 Index in exchange for reduced participation in the price performance.
Asset Allocation
MULTI
Rules-Based
MANAGEMENT STYLE
1.2 B
ASSETS UNDER MGMT
79 bp
EXPENSES
Fund Basics
| Fund sponsor | Pacer Advisors |
| Category | Asset Allocation |
| Asset class | Multi |
| Website | link... |
| Inception date | Jul 12, 2021 |
| Assets (mns) | $1,170 |
| Expense ratio | 79 bp |
Fund Structure
| Regulation | Open-Ended Fund |
| Distributions | Annually |
| Taxation | 1099 |
| Derivatives-based | Yes |
| Options available | Yes |
| Currency hedged | No |
| Fund of funds | No |
Top Holdings
| NVIDIA CORP | 7.0 % |
| MICROSOFT CORP | 6.2 % |
| APPLE INC | 5.7 % |
| S&P 500 ANNL DIV DEC25 | 3.9 % |
| S&P 500 ANNL DIV DEC26 | 3.9 % |
| S&P 500 ANNL DIV DEC27 | 3.9 % |
| AMAZON.COM INC | 3.6 % |
| META PLATFORMS INC | 2.6 % |
| CASH & OTHER | 2.3 % |
| BROADCOM INC | 2.3 % |
Historical Performance
Standardized Performance (as of 08/29/2025)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | 6.1% | 7.7% | 12.3% | 10.4% | -- | -- | -- | 4.0% |
| Dividend Yield | 0.7% | 2.2% | 4.6% | 5.7% | -- | -- | -- | 5.4% |
| Total Returns | 6.8% | 9.8% | 16.9% | 16.2% | -- | -- | -- | 9.4% | Ann. Volatility | 20.8% | 18.4% | 15.2% | 15.2% | -- | -- | -- | 15.5% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.89 | 95% |
| MSCI EAFE | 0.47 | 32% |
| MSCI Emg Mkts | 0.41 | 18% |
Liquidity Measures
| Avg. volume (000) | 176 |
| ADV traded (mns) | $7 |
| Turnover | 0.6% |
| Avg. Bid/Ask (% of price) | 0.17% |
Technical Indicators
| Recent close | $40.73 |
| 30d moving avg. | $40.44 |
| Annualized volatility | 11.3% |
| Relative strength (RSI) | 60 |
| Short interest | 0.2% |
Distributions
Assets Under Management (mns)
Money Flows (mns)
Short Interest (as % of shares outstanding)
Long Money Flows (mns)
Expense Analysis
| Peer Group | Rules-Based Asset Allocation Multi ETFs |
| # of ETFs | 20 |
| Avg. Expense Ratio | 97.8 bp |
| Std. Deviation | 72.5 bp |
| QDPL (79 bp) Percentile rank | 40 |
Peer Group Expense Ratio Distribution
Total Cost of Ownership (TCO) Comparison
| Expense (bp) (A) |
Avg. Bid/Ask (bp) (B) |
TCO (bp) (A)+(B) |
|
|---|---|---|---|
| QDPL | 79.0 | 16.7 | 95.7 |
| Peer Avg. | 86.8 | 66.9 | 153.7 |
For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .