QFHD vs SIZE: Grades, Fees and Holdings Compared

Pacer S&P 500 Quality FCF High Dividend ETF

QFHDDCboe

iShares MSCI USA Size Factor ETF

SIZEANYSE Arca

Overlap

17.7%by weight

Expense ratio

SIZE −0.34pt a year

QFHD0.49%SIZE0.15%

Avg volume · 30D

SIZE 11.5×the volume

QFHD454SIZE5.21K

QFHD vs SIZE Performance

Jul 31, 2026 – Nov 2, 2026

+6.4%QFHD+1.8%SIZE

Expense ratio: QFHD 0.49%; SIZE 0.15%, better
Fund size: QFHD $1M; SIZE $433M
1Y total return: QFHD No data; SIZE +14.4%
Yield (12M): QFHD No data; SIZE 1.36%
Holdings: QFHD 102; SIZE 518
Avg volume (30D): QFHD 454 sh; SIZE 5.21K sh, better
NAV per share: QFHD $28.72; SIZE $180.22
52W range

ETF.net Grade

Pillar letters and Scores for QFHD, SIZE, with each pillar’s weight
Pillar	QFHD	SIZE
Cost30% weight	F19	A81Higher
Mission25% weight	F0	A93Higher
Risk15% weight	A84Higher	B66
Tradability15% weight	F21	F23Higher
Holdings10% weight	A78	A88Higher
Durability5% weight	F5	B57Higher

Rank among US Factor Index funds

How we build Categories ›

Same Category. QFHD and SIZE are both graded against the same 30 US Factor Index funds, so their Grades compare head to head.

US Factor Index⁠

Category · 30 funds

See all 30 ›

SIZE ranks 3rd and QFHD 26th of 30 funds in the US Factor Index Category.

Rank 1AMGVVanguard Morningstar Mega Cap Value ETFScore 78
Rank 2AUSCAXtrackers MSCI USA Climate Action Equity ETFScore 74
Rank 3ASIZEiShares MSCI USA Size Factor ETFScore 72
Rank 4ADXUVU.S. Vector Equity Portfolio ETF Class SharesScore 70
Rank 26DPDPInvesco Dorsey Wright Momentum ETFScore 29
Rank 26DQFHDPacer S&P 500 Quality FCF High Dividend ETFScore 29
Rank 28DALTLPacer Lunt Large Cap Alternator ETFScore 25
LVHDNot yet graded
SPHDNot yet graded

Our read on each fund

ETF.net Research

QFHDDPacer S&P 500 Quality FCF High Dividend ETF

SIZEAiShares MSCI USA Size Factor ETF

In short

QFHD Plenty of funds chase the S&P 500's fattest dividends. QFHD adds a gate: the payout has to sit on above-average free cash flow. Pacer's cash-flow discipline, pointed at roughly 100 large-cap yielders.

SIZE The size factor without leaving the large-cap pool: SIZE holds roughly 500 US stocks and leans toward the smaller names in that universe, spreading weight away from the mega-cap giants. An iShares factor original from 2013.

Stated mandate

QFHD The fund uses a rules-based screen within the S&P 500 universe to select companies combining high trailing dividend yield with above-average free-cash-flow quality.

SIZE The fund seeks to track an index of U.S. stocks that have smaller market capitalizations relative to their peers.

Why people hold it

QFHD Yield with a receipt check. It ranks the S&P 500 on trailing dividend yield, then keeps the names showing above-average free-cash-flow quality.paceretfs.com
Large-cap only. Roughly 100 holdings, every one pulled from the S&P 500, so the income comes from established index members rather than obscure high-yielders.
Rules-based and advertised: profitability and quality are the stated screens, so you know what the portfolio is selecting for instead of guessing at a manager's mood.paceretfs.com

SIZE Charges 0.15%, roughly half the typical fee among US factor ETFs.
Tracks the MSCI USA Low Size Index tightly, one of the closer index implementations in its peer group.
Roughly 500 holdings, so no single name dominates the way it does in a cap-weighted US index.
Running since 2013, one of the original iShares single-factor funds rather than a recent launch.ishares.com

Worth knowing

QFHD At 0.49% a year, it costs meaningfully more than broad factor rivals like MGV (0.05%) and SIZE (0.15%). The screen has to justify the gap.
A 2026 launch with a small asset base and light trading. That combination usually shows up as wider bid-ask spreads, and there is no long record to study yet.
Distributions come on an annual or semiannual schedule, so cash arrives in fewer, chunkier drops than a quarterly or monthly payer.

SIZE Thinly traded next to headline index funds, so bid-ask spreads can run wider and bigger orders need more care.
This is a tilt, not a small-cap fund: the index draws from US large and mid caps and favors the smaller end of that pool.
A mid-sized fund by category standards, not one of the asset-gathering giants. Pays quarterly.

Full QFHD profile⁠

Full SIZE profile⁠

QFHD vs SIZE Holdings

How QFHD and SIZE differ

Overlap by weight

17.7%

Shared holdings make up 91.6% of QFHD and 17.7% of SIZE.

Level by level

Holdings90 in both17.7%
Countryby domicile98.2%
Asset classEquity100%

Sector

No Sector split for QFHD.

Country, concentration and asset class

Country by domicile

Country weights in QFHD and SIZE, widest gap first
Country	More in QFHDMore in SIZE	QFHD	SIZE
United States	QFHD +1.8 points	99.5%	97.7%
United Kingdom	SIZE +0.6 points	0.0%	0.6%
Other countries (7)	SIZE +1.1 points	0.5%	1.6%

Concentration

Weight in the 10 largest Holdings

QFHD21.7%
SIZE3.7%

Securities held

QFHD100
SIZE515

Asset class

QFHD: Equity
SIZE: Equity

Holdings

Only in QFHD10
In both90
Only in SIZE425

Only in QFHD

10 securities, 8.2% of QFHD by weight

Clorox Co/The1.64%
Brown-Forman Corp1.13%
Hasbro Inc1.02%
A O Smith Corp0.82%
APA Corp0.70%
Avery Dennison Corp0.70%
Pentair PLC0.65%
FactSet Research Systems Inc0.57%
Allegion plc0.49%
Jack Henry & Associates Inc0.45%

Only in SIZE

425 securities, 82.2% of SIZE by weight

Okta Class A0.47%
Atlassian Corp Class A0.42%
Natera0.40%
Sharkninja0.39%
Veeva Systems Class A0.36%
Vivmark Residential0.36%
Snowflake0.33%
Dell Technologies Inc Class C0.32%
Illumina Inc0.32%
Everpure Inc Class A0.32%
Netapp Inc0.31%
Hewlett Packard Enterprise0.31%
Marathon Petroleum0.31%
Mettler Toledo0.30%
Agilent Technologies Inc0.30%
Iqvia Holdings Inc0.29%
Cdw0.29%
Workday Class A0.29%
Crowdstrike Holdings Class A0.29%
Dollar Tree Inc0.28%
Phillips 660.28%
Williams Sonoma Inc0.28%
Valero Energy Corp0.28%
Thermo Fisher Scientific0.27%
Global Payments Inc0.27%
Labcorp Holdings0.27%
Regeneron Pharmaceuticals0.27%
Jacobs Solutions Inc0.27%
Roper Technologies0.27%
Toast Class A0.27%
Palo Alto Networks0.27%
Hp Inc0.26%
Samsara Class A0.26%
Waters Corp0.26%
Ptc0.26%
West Pharmaceutical Services0.26%
Zscaler0.26%
Genuine Parts0.26%
Corebridge Financial Inc0.25%
Ulta Beauty Inc0.25%
Quest Diagnostics Inc0.25%
Expedia Group0.25%
Biogen0.25%
Arthur J Gallagher0.25%
Becton Dickinson0.25%
Humana0.25%
Amcor PLC0.25%
International Flavors & Fragrances0.25%
Danaher0.25%
Cloudflare Class A0.25%

Weight gaps

All 90 Holdings in both funds, largest gap first.

Holding weights in QFHD and SIZE, widest gap first
Holding	More in QFHDMore in SIZE	QFHD	SIZE
Pfizer IncPFE	QFHD +4.10 points	4.31%	0.21%
Bristol-Myers Squibb CoBMY	QFHD +2.33 points	2.52%	0.19%
Zoetis IncZTS	QFHD +2.02 points	2.21%	0.19%
Prudential Financial IncPRU	QFHD +1.80 points	2.01%	0.21%
Amgen IncAMGN	QFHD +1.70 points	1.95%	0.25%
Abbott LaboratoriesABT	QFHD +1.56 points	1.77%	0.21%
General Mills IncGIS	QFHD +1.55 points	1.74%	0.19%
LyondellBasell Industries NVLYB	QFHD +1.54 points	1.72%	0.18%
Comcast CorpCMCSA	QFHD +1.54 points	1.71%	0.17%
NIKE IncNKE	QFHD +1.53 points	1.70%	0.17%
Gilead Sciences IncGILD	QFHD +1.52 points	1.75%	0.23%
UnitedHealth Group IncUNH	QFHD +1.52 points	1.70%	0.18%
Altria Group IncMO	QFHD +1.51 points	1.70%	0.19%
Edison InternationalEIX	QFHD +1.36 points	1.52%	0.16%
Merck & Co IncMRK	QFHD +1.31 points	1.54%	0.23%
Blackstone IncBX	QFHD +1.28 points	1.47%	0.19%
Kimberly-Clark CorpKMB	QFHD +1.27 points	1.48%	0.21%
Truist Financial CorpTFC	QFHD +1.26 points	1.45%	0.19%
Johnson & JohnsonJNJ	QFHD +1.23 points	1.43%	0.20%
Synchrony FinancialSYF	QFHD +1.21 points	1.42%	0.21%
Regions Financial CorpRF	QFHD +1.15 points	1.35%	0.20%
Accenture PLCACN	QFHD +1.13 points	1.39%	0.26%
PepsiCo IncPEP	QFHD +1.08 points	1.24%	0.16%
Best Buy Co IncBBY	QFHD +1.05 points	1.37%	0.32%
Paychex IncPAYX	QFHD +1.03 points	1.25%	0.22%
KeyCorpKEY	QFHD +0.96 points	1.15%	0.19%
EOG Resources IncEOG	QFHD +0.91 points	1.12%	0.21%
Huntington Bancshares Inc/OHHBAN	QFHD +0.92 points	1.11%	0.19%
AT&T IncT	QFHD +0.91 points	1.06%	0.15%
McCormick & Co Inc/MDMKC	QFHD +0.89 points	1.09%	0.20%
ExxonMobil Holdings CorpXOM	QFHD +0.89 points	1.08%	0.19%
Chevron CorpCVX	QFHD +0.87 points	1.07%	0.20%
Fifth Third BancorpFITB	QFHD +0.86 points	1.07%	0.21%
FirstEnergy CorpFE	QFHD +0.85 points	1.05%	0.20%
Constellation Brands IncSTZ	QFHD +0.83 points	1.01%	0.17%
WEC Energy Group IncWEC	QFHD +0.82 points	1.01%	0.19%
US BancorpUSB	QFHD +0.80 points	1.00%	0.20%
Public Service Enterprise Group IncPEG	QFHD +0.79 points	0.97%	0.18%
Exelon CorpEXC	QFHD +0.79 points	0.98%	0.19%
Home Depot Inc/TheHD	QFHD +0.78 points	0.97%	0.19%
Southern Co/TheSO	QFHD +0.78 points	0.96%	0.18%
Lockheed Martin CorpLMT	QFHD +0.78 points	1.00%	0.22%
Hershey Co/TheHSY	QFHD +0.76 points	0.92%	0.16%
Eversource EnergyES	QFHD +0.75 points	0.94%	0.19%
American International Group IncAIG	QFHD +0.74 points	0.94%	0.20%
Broadridge Financial Solutions IncBR	QFHD +0.74 points	0.96%	0.23%
Consolidated Edison IncED	QFHD +0.73 points	0.93%	0.20%
Automatic Data Processing IncADP	QFHD +0.73 points	0.97%	0.24%
Evergy IncEVRG	QFHD +0.73 points	0.93%	0.20%
M&T Bank CorpMTB	QFHD +0.72 points	0.92%	0.20%
PNC Financial Services Group Inc/ThePNC	QFHD +0.68 points	0.87%	0.19%
Skyworks Solutions IncSWKS	QFHD +0.62 points	0.84%	0.22%
Principal Financial Group IncPFG	QFHD +0.61 points	0.82%	0.21%
DTE Energy CoDTE	QFHD +0.60 points	0.78%	0.18%
MetLife IncMET	QFHD +0.59 points	0.82%	0.23%
ConocoPhillipsCOP	QFHD +0.58 points	0.80%	0.22%
Snap-on IncSNA	QFHD +0.55 points	0.74%	0.19%
Citizens Financial Group IncCFG	QFHD +0.54 points	0.74%	0.20%
Microchip Technology IncMCHP	QFHD +0.53 points	0.69%	0.16%
Rollins IncROL	QFHD +0.53 points	0.65%	0.12%
Illinois Tool Works IncITW	QFHD +0.53 points	0.73%	0.20%
Diamondback Energy IncFANG	QFHD +0.47 points	0.66%	0.19%
Packaging Corp of AmericaPKG	QFHD +0.48 points	0.72%	0.24%
Marsh & McLennan Cos IncMRSH	QFHD +0.44 points	0.66%	0.22%
Duke Energy CorpDUK	QFHD +0.44 points	0.62%	0.18%
Procter & Gamble Co/ThePG	QFHD +0.42 points	0.62%	0.20%
CME Group IncCME	QFHD +0.40 points	0.58%	0.18%
Union Pacific CorpUNP	QFHD +0.38 points	0.58%	0.20%
QUALCOMM IncQCOM	QFHD +0.37 points	0.52%	0.15%
PPL CorpPPL	QFHD +0.37 points	0.56%	0.19%
Colgate-Palmolive CoCL	QFHD +0.34 points	0.53%	0.19%
3M CoMMM	QFHD +0.34 points	0.55%	0.21%
Fastenal CoFAST	QFHD +0.33 points	0.55%	0.22%
Occidental Petroleum CorpOXY	QFHD +0.31 points	0.50%	0.19%
Coca-Cola Co/TheKO	QFHD +0.29 points	0.49%	0.20%
CF Industries Holdings IncCF	QFHD +0.28 points	0.47%	0.18%
Nasdaq IncNDAQ	QFHD +0.29 points	0.50%	0.21%
Northern Trust CorpNTRS	QFHD +0.28 points	0.47%	0.19%
Garmin LtdGRMN	QFHD +0.25 points	0.47%	0.22%
Tapestry IncTPR	QFHD +0.23 points	0.40%	0.17%
CH Robinson Worldwide IncCHRW	QFHD +0.23 points	0.37%	0.14%
Capital One Financial CorpCOF	QFHD +0.23 points	0.43%	0.20%
TJX Cos Inc/TheTJX	QFHD +0.23 points	0.39%	0.16%
Cisco Systems IncCSCO	QFHD +0.21 points	0.36%	0.15%
NRG Energy IncNRG	QFHD +0.20 points	0.35%	0.15%
Linde PLCLIN	QFHD +0.18 points	0.36%	0.18%
Nordson CorpNDSN	QFHD +0.16 points	0.39%	0.23%
Estee Lauder Cos Inc/TheEL	QFHD +0.15 points	0.42%	0.27%
Intuit IncINTU	QFHD +0.15 points	0.30%	0.15%
Church & Dwight Co IncCHD	QFHD +0.14 points	0.35%	0.21%

All 102 QFHD holdings⁠All 515 SIZE holdings⁠

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

QFHD vs SIZE Cost

Overpaying QFHD vs SIZE

$6,655

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

QFHD 0.49%
$9,792
SIZE 0.15%
$3,137

Amount$10,000

Years30 years

Cost over time

QFHD 0.49%
SIZE 0.15%
Overpaying

Year by year

Year	QFHD	SIZE	Overpaying
10	$883	$274	$609
20	$3,394	$1,071	$2,323
30	$9,792	$3,137	$6,655

Expense ratio

0.49%QFHD
0.15%SIZE, cheaper

SIZE0.15%QFHD0.49%

0.05%0.63%

Middle half of US Factor Index funds
Median 0.30%

SIZE 5th cheapest of 30 funds

QFHD 24th cheapest of 30 funds

QFHD vs SIZE Dividends

Last 12 months to Nov 2, 2026

Yield (12M): QFHD No data; SIZE 1.36%
Payout (12M): QFHD No data; SIZE $2.47
Last payment: QFHD $0.19; SIZE $0.65
Ex-dividend: QFHD Sep 3, 2026; SIZE Sep 15, 2026
Paid on: QFHD Sep 8, 2026; SIZE Sep 18, 2026
Frequency: QFHD Quarterly; SIZE Quarterly

Distribution history

Per share, 2017 to 2026, same scale for both

QFHDQuarterly · 3 paymentsAll QFHD payments⁠

SIZEQuarterly · 41 paymentsAll SIZE payments⁠

QFHD vs SIZE Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years: QFHD No dataSIZE 13.0%
Return per unit of riskSharpe ratio, 3 years: QFHD No dataSIZE 1.06
Worst fallMax drawdown, 5 years: QFHD No dataSIZE −24.0%
Market sensitivityBeta, 5 years: QFHD 0.06SIZE 0.97; Market = 1

Popular comparisons

QFHDDvsMGVA
Pacer S&P 500 Quality FCF High Dividend ETF · Vanguard Morningstar Mega Cap Value ETF
Expense ratio
0.49% · 0.05%
Category
SIZEAvsMGVA
iShares MSCI USA Size Factor ETF · Vanguard Morningstar Mega Cap Value ETF
Expense ratio
0.15% · 0.05%
Category
QFHDDvsUSCAA
Pacer S&P 500 Quality FCF High Dividend ETF · Xtrackers MSCI USA Climate Action Equity ETF
Expense ratio
0.49% · 0.07%
Category
SIZEAvsUSCAA
iShares MSCI USA Size Factor ETF · Xtrackers MSCI USA Climate Action Equity ETF
Expense ratio
0.15% · 0.07%
Category
QFHDDvsDXUVA
Pacer S&P 500 Quality FCF High Dividend ETF · U.S. Vector Equity Portfolio ETF Class Shares
Expense ratio
0.49% · 0.25%
Category
SIZEAvsDXUVA
iShares MSCI USA Size Factor ETF · U.S. Vector Equity Portfolio ETF Class Shares
Expense ratio
0.15% · 0.25%
Category