EPAI vs. QRFT

Last updated Aug 4, 2026

EPAI (Harbor AI Inflection Strategy ETF) and QRFT (QRAFT AI Enhanced U.S. Large Cap ETF) are both exchange-traded funds - EPAI is a Technology Equities fund actively managed by Harbor, while QRFT is a Large Cap Growth Equities fund actively managed by Exchange Traded Concepts. Both are actively managed. Their 0.77 correlation means they have sometimes moved together and sometimes differently. EPAI charges 0.88%/yr vs 0.75%/yr for QRFT.

Performance

EPAI vs. QRFT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Harbor AI Inflection Strategy ETF (EPAI) and QRAFT AI Enhanced U.S. Large Cap ETF (QRFT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, EPAI achieves a 32.94% return, which is significantly higher than QRFT's 11.89% return.

EPAI

• 1D: 1.72%
• 1M: -6.62%
• 6M: 17.87%
• YTD: 32.94%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

QRFT

• 1D: 0.00%
• 1M: 1.66%
• 6M: 10.07%
• YTD: 11.89%
• 1Y: 22.68%
• 3Y*: 19.37%
• 5Y*: 10.62%
• 10Y*: —
• ALL TIME*: 16.79%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
EPAI Harbor AI Inflection Strategy ETF	$21.05K	$19.63K	$29.61K
QRFT QRAFT AI Enhanced U.S. Large Cap ETF	$1.12M	$598.10K	$292.56K

EPAI vs. QRFT - Yearly Performance Comparison

	2026 (YTD)	2025
EPAI Harbor AI Inflection Strategy ETF	32.94%	-0.33%
QRFT QRAFT AI Enhanced U.S. Large Cap ETF	11.89%	2.16%

Correlation

The correlation between EPAI and QRFT is 0.77, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (All Time) Calculated using the full available price history since Dec 18, 2025	0.77

Return for Risk

EPAI vs. QRFT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Harbor AI Inflection Strategy ETF (EPAI) and QRAFT AI Enhanced U.S. Large Cap ETF (QRFT). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	EPAI	QRFT	Difference
Sharpe ratio: Return per unit of total volatility	—	1.51	—
Sortino ratio: Return per unit of downside risk	—	2.10	—
Omega ratio: Gain probability vs. loss probability	—	1.27	—
Calmar ratio: Return relative to maximum drawdown	—	2.32	—
Martin ratio: Return relative to average drawdown	—	9.58	—

Drawdowns

EPAI vs. QRFT - Drawdown Comparison

The maximum EPAI drawdown since its inception was -23.61%, smaller than the maximum QRFT drawdown of -30.19%. Use the drawdown chart below to compare losses from any high point for EPAI and QRFT.

Drawdown Indicators

	EPAI	QRFT	Difference
Max Drawdown Largest peak-to-trough decline	-23.61%	-30.19%	+6.58%
Max Drawdown (1Y) Largest decline over 1 year	—	-9.12%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-19.99%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-28.20%	—
Current Drawdown Current decline from peak	-16.51%	-0.97%	-15.54%
Average Drawdown Average peak-to-trough decline	-4.34%	-6.70%	+2.36%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.21%	—

Volatility

Volatility by Period

	EPAI	QRFT	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	2.99%	—
Volatility (6M) Calculated over the trailing 6-month period	—	10.98%	—
Volatility (1Y) Calculated over the trailing 1-year period	36.83%	14.06%	+22.77%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	36.83%	17.47%	+19.36%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	36.83%	20.04%	+16.79%

EPAI vs. QRFT - Expense Ratio Comparison

EPAI has a 0.88% expense ratio, which is higher than QRFT's 0.75% expense ratio.

Dividends

EPAI vs. QRFT - Dividend Comparison

Neither EPAI nor QRFT has paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
EPAI Harbor AI Inflection Strategy ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
QRFT QRAFT AI Enhanced U.S. Large Cap ETF	0.27%	0.27%	0.52%	0.77%	0.83%	0.05%	1.81%	4.00%

Frequently Asked Questions

Can I hold both EPAI and QRFT in my portfolio?

EPAI and QRFT have a correlation of 0.77, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, EPAI or QRFT?

On fees, QRFT is cheaper at 0.75% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, EPAI or QRFT?

QRFT is cheaper with a 0.75% expense ratio, compared with 0.88% for EPAI.

Which ETF pays a higher dividend yield, EPAI or QRFT?

QRFT has the higher dividend yield at 0.27%, compared with 0.00% for EPAI.

What is the main difference between EPAI and QRFT?

EPAI is categorized as Technology Equities, while QRFT is Large Cap Growth Equities. They also come from different issuers: Harbor and Exchange Traded Concepts. Their fees differ too: 0.88% for EPAI and 0.75% for QRFT.