ETF Evaluator:
Pacer Metarus Nasdaq 100 Div Mltpl600ETF ()
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(as of Nov 13)
Best Performing in Derivative Income - Diversified Over the Last Year
| 24.9% | Federated Hermes Enhanced Income ETF (PAYR) |
| 21.1% | Amplify COWS Covered Call ETF (HCOW) |
| 20.5% | Parametric Equity Premium Income ETF (PAPI) |
| 20.2% | First Trust Small Cp BuyWrt Inc ETF (FTKI) |
| 19.9% | Cullen Enhanced Equity Income ETF (DIVP) |
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ETF Details
Pacer Metarus Nasdaq 100 Div Mltpl600ETF Overview
Pacer Metarus Nasdaq 100 Div Mltpl600ETF (QSIX) is a passively managed Nontraditional Equity Derivative Income - Diversified exchange-traded fund (ETF). Pacer launched the ETF in 2024.
The investment seeks to track the total return performance, before fees and expenses, of the Metaurus Nasdaq Dividend Multiplier Total Return Index - Series 600.
The index, as designed, has two components: (i) a Nasdaq-100 component and (ii) a 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 Nasdaq-100® Index. The Advisor attempts to invest all, or substantially all, of its assets in the component securities that make up the index. The fund is non-diversified.
About Pacer Metarus Nasdaq 100 Div Mltpl600ETF (QSIX)
There are 2 members of the management team with an average tenure of 2.10 years: Richard Silva (2024) and Brendan Greenwald (2024). Management tenure is more important for actively managed ETFs than passive index ETFs.
The ETF has 2 primary benchmarks: S&P 500 (TR) (1970) index with a weighting of 100% and Metaurus Nasdaq Div Multi S600 TR USD index with a weighting of 100%. Pacer Metarus Nasdaq 100 Div Mltpl600ETF has 107 securities in its portfolio. The top 10 holdings constitute 45.4% of the ETF’s assets. The ETF meets the SEC requirement of being classified as a nondiversified fund. The ETF is not considered to have an ESG focus with its investment selection and management.
Pacer Metarus Nasdaq 100 Div Mltpl600ETF is part of the Equity global asset class and is within the Nontraditional Equity ETF group. Pacer Metarus Nasdaq 100 Div Mltpl600ETF has 2.8% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 99.9% There is 2.8% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). Pacer Metarus Nasdaq 100 Div Mltpl600ETF has -5.3% of the portfolio in cash.
Assets Under Management
The fund has $20 million in total assets, which is below the $1 billion average for the Derivative Income - Diversified category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.
QSIX Performance and Fees
The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The Pacer Metarus Nasdaq 100 Div Mltpl600ETF expense ratio is above average compared to funds in the Derivative Income - Diversified category. Pacer Metarus Nasdaq 100 Div Mltpl600ETF has an expense ratio of 0.60%, which is 18% lower than its category average, making the fund expense ratio grade a B. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.
High portfolio turnover can translate to higher expenses and lower aftertax returns. Pacer Metarus Nasdaq 100 Div Mltpl600ETF has a portfolio turnover rate of 0%, which indicates that it holds its assets around /years. By way of comparison, the average portfolio turnover is 65% for the Derivative Income - Diversified category.
Recently, in the month of October 2026, Pacer Metarus Nasdaq 100 Div Mltpl600ETF returned -6.2%, which earned it a grade of F, as the Derivative Income - Diversified category had an average return of -2.0%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all ETFs in that category.
Pacer Metarus Nasdaq 100 Div Mltpl600ETF has a trailing yield of 0.41%, which is below the 6.26% category average.
The fund normally distributes its income monthly and its capital gains annually.
It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.
Pacer Metarus Nasdaq 100 Div Mltpl600ETF Grades
Year to date, the ETF has returned 11.3%, 2.4 percentage points better than the category, which translates into a grade of B. The fund has returned 8.9% over the past year (grade of D).
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QSIX Trailing NAV Total Returns Data as of 10/31/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| QSIX Return (NAV) | -6.2% | 0.1% | 8.9% | na | na | na |
| QSIX Return (Price) | -6.3% | -0.0% | 8.9% | na | na | na |
| NAV +/- Price Return | 0.105% | 0.150% | 0.037% | na | na | na |
| Derivative Income - Diversified Avg | -2.0% | 0.9% | 10.1% | 16.5% | 8.1% | 8.1% |
| QSIX Grade (NAV) | F | D | D | na | na | na |
| +/- Category (NAV) | -4.2% | -0.8% | -1.1% | na | na | na |
| QSIX Tax-Cost Ratio | na | na | 0.2% | na | na | na |
QSIX Annual NAV Total ReturnsData as of 10/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| QSIX Return (NAV) | 11.3% | 18.5% | na | na | na | na | na | na | na | na | na |
| QSIX Return (Price) | 11.3% | 18.5% | na | na | na | na | na | na | na | na | na |
| NAV +/- Price Ret | 0.003% | -0.000% | na | na | na | na | na | na | na | na | na |
| Derivative Income - Diversified Avg | 8.9% | 13.8% | 15.9% | 16.3% | -11.8% | 19.1% | 3.7% | 19.2% | -5.9% | 14.0% | 7.1% |
| QSIX Grade (NAV) | B | A | na | na | na | na | na | na | na | na | na |
| +/- Category | 2.4% | 4.7% | na | na | na | na | na | na | na | na | na |
| Risk Measures | |
| Beta: | na |
| R-Squared: | na |
| Standard Deviation: | na |
| Category Risk Index: | na |
| Category Risk Rating: | |
| Total Risk Index: | na |
| Total Risk Rating: | |
| Portfolio Characteristics | |
| Yield: | 0.4% |
| Total Assets: | $ 20 Mil |
| Share Class Assets: | $ 20 Mil |
| Turnover: | 0.0% |
| Expense Ratio: | 0.60% |
| Index Fund: | Yes |
| Index Tracked: | S&P 500 (TR) (1970) |
| Index Weighting: | 100% |
| Leveraged: | No |
| Socially Responsible Fund: | No |
| Capital Gains Distribution Frequency: | Annually |
| Income Distribution Frequency: | Monthly |
Management Team
| Number of Managers: 2 | |||
| Longest Tenure: 2.1 years | |||
| Average Tenure: 2.1 years | |||
| Managers (Year): Silva Richard (2024), Greenwald Brendan (2024) | |||
Portfolio Composition (as of 10/30/26)
| # of Holdings: | 107 |
| % in Top 10 Holdings: | 45.4% |
| Fund is Non-Diversified: | Yes |
| % in Foreign Issues: | 2.8% |
Portfolio Allocation |
|
| Domestic Stock: | 99.9% |
| Foreign Stock: | 2.8% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 0.0% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | 2.7% |
| Cash: | -5.3% |
Purchase Information
| Legal Structure: | Open Ended Investment Company |
| Fund Family: | Pacer |
| Phone Number: | 800-617-0004 |
| Website: | www.paceretfs.com |
| Inception Date: | September 23, 2024 |
Expenses and Fees
| Expense Ratio (%): | 0.60% (Rating: Above Avg) |
| Category Average Expense Ratio (%): | 0.73% |
