Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF
QDPL
New York Stock Exchange Arca- -
USD
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- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Income
- Address
- 500 Chesterfield Parkway Malvern PA United States of America 19355
- IPO Date
- Jul 27, 2021
- CIK
- 0001616668
- Website
- paceretfs.com
- Similar Companies
- Business
- Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF (QDPL) is an exchange-traded fund that seeks to track the total return performance, before fees and expenses, of the Metaurus US Large Cap Dividend Multiplier Index - Series 400. The fund provides exposure to approximately 88% of the S&P 500 Index through investments in its constituent large-cap U.S. equities, long positions in S&P 500 dividend futures contracts, and short-term U.S. Treasuries such as 3-year notes used as collateral; this proprietary strategy aims to deliver cash distributions equivalent to 400% of the S&P 500's ordinary dividend yield in exchange for modestly reduced participation in the index's price appreciation. Top holdings include leading S&P 500 companies such as NVIDIA Corp., Microsoft Corp., Apple Inc., Amazon.com Inc., and Broadcom Inc., alongside S&P 500 futures positions, with a net expense ratio of 0.60% and monthly dividend distributions. Launched on July 12, 2021, and domiciled in the United States, QDPL operates within the large blend equity segment and targets income-seeking investors such as retirees desiring enhanced yield from U.S. large-cap stocks with growth potential; assets under management stand at approximately $1.29 billion as of late 2025. Pacer ETFs serves as the issuer, with Metaurus Advisors LLC acting as investment sub-advisor responsible for the index strategy, which is calculated and maintained under contract with S&P Opco, LLC; the fund trades on U.S. exchanges and is available primarily to U.S. investors. In a significant recent development, Pacer ETFs announced in July 2025 the transition of QDPL to monthly dividend distributions from its prior schedule, enhancing income consistency for shareholders alongside peer fund QSIX. The fund continues to exhibit strong growth, with a one-year total return of approximately 16.94% including dividends and average annual returns of 11.25% since inception, reflecting resilient performance amid market conditions. No major acquisitions, funding rounds, or strategic alliances beyond the established Pacer-Metaurus partnership have been reported in the last 1-2 years.