GQI vs. FFRHX
Compare and contrast key facts about Natixis Gateway Quality Income ETF (GQI) and Fidelity Floating Rate High Income Fund (FFRHX).
GQI is an actively managed fund by Natixis. It was launched on Dec 12, 2023. FFRHX is managed by Fidelity. It was launched on Aug 16, 2000.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GQI or FFRHX.
Correlation
The correlation between GQI and FFRHX is 0.12, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
GQI vs. FFRHX - Performance Comparison
Key characteristics
GQI:
1.38
FFRHX:
3.15
GQI:
1.90
FFRHX:
9.23
GQI:
1.25
FFRHX:
3.08
GQI:
1.99
FFRHX:
9.05
GQI:
7.95
FFRHX:
43.17
GQI:
1.91%
FFRHX:
0.18%
GQI:
11.00%
FFRHX:
2.47%
GQI:
-7.64%
FFRHX:
-22.19%
GQI:
-0.96%
FFRHX:
-0.32%
Returns By Period
In the year-to-date period, GQI achieves a 2.49% return, which is significantly higher than FFRHX's -0.22% return.
GQI
2.49%
1.36%
11.97%
14.20%
N/A
N/A
FFRHX
-0.22%
-0.32%
4.01%
7.83%
5.44%
4.74%
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GQI vs. FFRHX - Expense Ratio Comparison
GQI has a 0.34% expense ratio, which is lower than FFRHX's 0.67% expense ratio.
Risk-Adjusted Performance
GQI vs. FFRHX — Risk-Adjusted Performance Rank
GQI
FFRHX
GQI vs. FFRHX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Natixis Gateway Quality Income ETF (GQI) and Fidelity Floating Rate High Income Fund (FFRHX). 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.
Dividends
GQI vs. FFRHX - Dividend Comparison
GQI's dividend yield for the trailing twelve months is around 7.63%, which matches FFRHX's 7.63% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GQI Natixis Gateway Quality Income ETF | 7.63% | 7.77% | 0.31% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
FFRHX Fidelity Floating Rate High Income Fund | 7.63% | 8.33% | 8.25% | 5.06% | 3.27% | 3.85% | 5.17% | 4.75% | 4.01% | 3.94% | 4.25% | 4.00% |
Drawdowns
GQI vs. FFRHX - Drawdown Comparison
The maximum GQI drawdown since its inception was -7.64%, smaller than the maximum FFRHX drawdown of -22.19%. Use the drawdown chart below to compare losses from any high point for GQI and FFRHX. For additional features, visit the drawdowns tool.
Volatility
GQI vs. FFRHX - Volatility Comparison
Natixis Gateway Quality Income ETF (GQI) has a higher volatility of 3.07% compared to Fidelity Floating Rate High Income Fund (FFRHX) at 0.24%. This indicates that GQI's price experiences larger fluctuations and is considered to be riskier than FFRHX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.