PQDI vs GAA

Comparison between PRINCIPAL SPECTRUM TAX-ADVANTAGED DIVIDEND ACTIVE ETF (PQDI, ETF) and CAMBRIA GLOBAL ASSET ALLOCATION ETF (GAA, ETF).

5-Year PerformanceGAA has outperformed PQDI, delivering a return of +6.1% compared to +3.2%

PQDI vs GAA - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	PQDI(ETF)	GAA(ETF)
Net Assets	$69M	$69M
Expense Ratio	0.60%	0.40%
Max Drawdown	23.92%	27.65%
Sharpe Ratio	0.89	1.57
5Y Beta	0.10	0.35
5Y Dividends CAGR	2.24%	16.27%

Net Assets

Winner

PQDI

$69M

GAA

$69M

Expense Ratio

PQDI

0.60%

Winner

GAA

0.40%

Max Drawdown

Winner

PQDI

23.92%

GAA

27.65%

Sharpe Ratio

PQDI

0.89

Winner

GAA

1.57

5Y Beta

Winner

PQDI

0.10

GAA

0.35

5Y Dividends CAGR

PQDI

2.24%

Winner

GAA

16.27%

PQDI vs GAA - Historical Returns

Returns include dividend reinvestment.

Period	PQDI	GAA
1 month	-0.28%	-0.87%
3 months	-0.09%	+3.49%
6 months	+1.55%	+9.77%
1 year	+6.54%	+20.75%
5 years(CAGR)	+3.18%	+6.07%
10 years(CAGR)	N/A	+7.50%
Max(CAGR)	+4.62%	+6.64%

Winner

PQDI

-0.28%

GAA

-0.87%

PQDI

-0.09%

Winner

GAA

+3.49%

PQDI

+1.55%

Winner

GAA

+9.77%

PQDI

+6.54%

Winner

GAA

+20.75%

5Y(CAGR)

PQDI

+3.18%

Winner

GAA

+6.07%

10Y(CAGR)

PQDI

N/A

GAA

+7.50%

Max(CAGR)

PQDI

+4.62%

Winner

GAA

+6.64%

PQDI vs GAA - Annual Returns (2014 - 2026)

Returns include dividend reinvestment.

Year	PQDI	GAA
2026	+0.67%	+7.93%
2025	+8.29%	+18.90%
2024	+10.24%	+7.42%
2023	+5.96%	+5.80%
2022	-9.61%	-8.06%
2021	+3.21%	+11.10%
2020	+9.80%	+8.36%
2019	N/A	+15.16%
2018	N/A	-7.43%
2017	N/A	+14.99%
2016	N/A	+10.03%
2015	N/A	-4.07%
2014	N/A	-0.36%

PQDI vs GAA Drawdown Comparison

The maximum drawdown for PQDI was -17.41%, occurring on Mar 20, 2023. Recovery took 686 trading sessions.

The maximum drawdown for GAA was -26.57%, occurring on Mar 19, 2020. Recovery took 206 trading sessions.

The current PQDI drawdown is -0.85%. The current GAA drawdown is -2.09%.

Rank	PQDI	GAA
#1	-17.41% Sep 23, 2021 - Jun 17, 2024	-26.57% Jan 17, 2020 - Nov 10, 2020
#2	-3.31% Feb 25, 2026 - Mar 30, 2026	-18.44% Oct 20, 2021 - Mar 21, 2024
#3	-2.46% Sep 2, 2020 - Nov 5, 2020	-12.62% May 15, 2015 - Jul 22, 2016
#4	-2.25% Mar 20, 2025 - May 8, 2025	-12.06% Jan 26, 2018 - Oct 24, 2019
#5	-2.04% Feb 12, 2021 - Apr 8, 2021	-7.18% Sep 23, 2024 - May 12, 2025
#6	-0.96% Aug 1, 2024 - Aug 14, 2024	-5.78% Feb 27, 2026 - Apr 17, 2026
#7	-0.92% Jan 3, 2025 - Jan 30, 2025	-4.28% Jun 10, 2021 - Sep 1, 2021
#8	-0.86% Dec 31, 2020 - Feb 5, 2021	-4.26% Oct 3, 2016 - Jan 23, 2017
#9	-0.82% Oct 28, 2025 - Nov 26, 2025	-3.97% Jul 16, 2024 - Aug 23, 2024
#10	-0.75% Jun 17, 2020 - Jun 25, 2020	-3.57% Sep 1, 2021 - Oct 20, 2021
#11	-0.74% Jun 25, 2020 - Jun 30, 2020	-3.30% Feb 16, 2021 - Mar 11, 2021
#12	-0.72% Oct 17, 2024 - Dec 6, 2024	-2.97% Mar 17, 2021 - Apr 15, 2021
#13	-0.71% Oct 8, 2025 - Oct 23, 2025	-2.93% Apr 1, 2024 - May 21, 2024
#14	-0.65% May 5, 2021 - May 28, 2021	-2.84% Feb 25, 2015 - Apr 6, 2015
#15	-0.65% Feb 10, 2025 - Feb 28, 2025	-2.69% May 21, 2024 - Jul 12, 2024

Correlation

Correlation between PQDI and GAA is 0.94 which considered as a very strong positive correlation - the stocks move almost identically together.

0.94

-101

Dividend Comparison (2014 - 2026)

PQDI vs GAA dividend yield comparison.

Year	PQDI	GAA
2026	2.41%	0.91%
2025	5.02%	4.24%
2024	4.93%	3.88%
2023	5.35%	3.73%
2022	5.60%	6.05%
2021	5.21%	4.21%
2020	2.69%	2.73%
2019	0.00%	3.32%
2018	0.00%	3.00%
2017	0.00%	2.36%
2016	0.00%	2.82%
2015	0.00%	2.49%
2014	0.00%	0.57%