Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF (QDPL) IV/HV History
Comparing implied volatility to historical (realized) volatility reveals whether options are priced rich or cheap relative to actual price movement. Persistent gaps can signal trading opportunities.
Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF (QDPL) operates in the Financial Services sector, specifically the Asset Management industry, with a market capitalization near $1.57B, listed on AMEX, carrying a beta of 0.91 to the broader market. A strategy driven exchange traded fund that aims to provide cash distributions equal to 400% of the S&P 500 ordinary yield in exchange for modestly lower exposure (approximately 89%) to the S&P 500 Index performance. public since 2021-07-27.
Snapshot as of May 15, 2026.
- Spot Price
- $45.60
- ATM IV
- 17.1%
- HV 20-Day
- 8.9%
- HV 60-Day
- 16.6%
- IV Rank
- 15.4%
- IV Percentile
- 9.9%
As of May 15, 2026, Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF (QDPL) ATM implied volatility is 17.1%. 20-day realized volatility is 8.9%, producing an IV-HV spread of +8.2 vol points. Options are pricing in more volatility than the stock has recently delivered, the volatility risk premium. IV rank is 15.4%.
How QDPL iv/hv history Data Feeds Strategy Selection
Strategy selection on Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF options does not derive from any single metric in isolation. The iv/hv history view above sits inside a broader read: ATM IV currently sits at 17.1% and dealer gamma exposure is negative, so dealer hedging amplifies directional moves. Combine the iv/hv history data here with the volatility-skew surface, dealer-gamma exposure, max-pain level, and upcoming-events calendar to build a positioning thesis. Risk-defined structures (credit spreads, debit spreads, iron condors) are usually safer than naked positions while the regime is uncertain; the data on this page anchors the inputs but does not by itself constitute a trade thesis.
Learn how implied vs realized volatility is reported and how to read the data →
Frequently asked QDPL iv/hv history questions
- Is QDPL options pricing rich or cheap right now?
- As of May 15, 2026, Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF (QDPL) ATM IV is 17.1% against 20-day realized volatility of 8.9%. IV rank is 15.4%. QDPL options are pricing in more volatility than the stock has recently realized: a positive variance risk premium worth 8.2 vol points.
- What is the QDPL variance risk premium?
- The variance risk premium is the persistent gap between implied and subsequently realized volatility. In equity markets it averages positive because option sellers demand compensation for bearing variance shocks. QDPL is currently priced consistently with this premium, which is one input to whether short-vol or long-vol structures carry their typical edge.
- What does QDPL IV rank mean for strategy selection?
- IV rank normalizes the current ATM IV to its 1-year range: 0% is the low, 100% is the high. QDPL's current rank of 15.4% signals where current pricing sits in its own 1-year history. High-rank regimes typically favor premium-selling structures (credit spreads, condors, covered calls); low-rank regimes typically favor premium-buying or long-volatility structures.