GQI vs. PBP
Compare and contrast key facts about Natixis Gateway Quality Income ETF (GQI) and Invesco S&P 500 BuyWrite ETF (PBP).
GQI and PBP are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. GQI is an actively managed fund by Natixis. It was launched on Dec 12, 2023. PBP is a passively managed fund by Invesco that tracks the performance of the Cboe S&P 500 BuyWrite Index. It was launched on Dec 20, 2007.
Performance
GQI vs. PBP - Performance Comparison
Loading graphics...
GQI vs. PBP - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
GQI Natixis Gateway Quality Income ETF | -1.51% | 15.36% | 15.99% | 0.68% |
PBP Invesco S&P 500 BuyWrite ETF | -0.63% | 8.49% | 19.83% | 1.57% |
Returns By Period
In the year-to-date period, GQI achieves a -1.51% return, which is significantly lower than PBP's -0.63% return.
GQI
- 1D
- 0.90%
- 1M
- -3.32%
- YTD
- -1.51%
- 6M
- 2.99%
- 1Y
- 17.98%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
PBP
- 1D
- 0.41%
- 1M
- -2.60%
- YTD
- -0.63%
- 6M
- 5.67%
- 1Y
- 11.15%
- 3Y*
- 10.89%
- 5Y*
- 7.57%
- 10Y*
- 6.74%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
GQI vs. PBP - Expense Ratio Comparison
GQI has a 0.34% expense ratio, which is higher than PBP's 0.29% expense ratio.
Return for Risk
GQI vs. PBP — Risk / Return Rank
GQI
PBP
GQI vs. PBP - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Natixis Gateway Quality Income ETF (GQI) and Invesco S&P 500 BuyWrite ETF (PBP). 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.
| GQI | PBP | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.16 | 0.79 | +0.38 |
Sortino ratioReturn per unit of downside risk | 1.82 | 1.25 | +0.56 |
Omega ratioGain probability vs. loss probability | 1.27 | 1.24 | +0.02 |
Calmar ratioReturn relative to maximum drawdown | 1.80 | 1.15 | +0.65 |
Martin ratioReturn relative to average drawdown | 9.88 | 6.53 | +3.35 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| GQI | PBP | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.16 | 0.79 | +0.38 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.64 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.49 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.98 | 0.33 | +0.65 |
Correlation
The correlation between GQI and PBP is 0.72, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
GQI vs. PBP - Dividend Comparison
GQI's dividend yield for the trailing twelve months is around 9.80%, less than PBP's 11.58% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GQI Natixis Gateway Quality Income ETF | 9.80% | 8.97% | 7.77% | 0.31% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
PBP Invesco S&P 500 BuyWrite ETF | 11.58% | 11.12% | 9.36% | 3.35% | 1.33% | 6.21% | 1.41% | 5.04% | 2.59% | 10.86% | 2.56% | 6.19% |
Drawdowns
GQI vs. PBP - Drawdown Comparison
The maximum GQI drawdown since its inception was -16.56%, smaller than the maximum PBP drawdown of -43.43%. Use the drawdown chart below to compare losses from any high point for GQI and PBP.
Loading graphics...
Drawdown Indicators
| GQI | PBP | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -16.56% | -43.43% | +26.87% |
Max Drawdown (1Y)Largest decline over 1 year | -10.39% | -10.20% | -0.19% |
Max Drawdown (5Y)Largest decline over 5 years | — | -18.61% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.31% | — |
Current DrawdownCurrent decline from peak | -3.74% | -2.89% | -0.85% |
Average DrawdownAverage peak-to-trough decline | -1.76% | -6.75% | +4.99% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.89% | 1.80% | +0.09% |
Volatility
GQI vs. PBP - Volatility Comparison
Natixis Gateway Quality Income ETF (GQI) has a higher volatility of 4.51% compared to Invesco S&P 500 BuyWrite ETF (PBP) at 4.10%. This indicates that GQI's price experiences larger fluctuations and is considered to be riskier than PBP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| GQI | PBP | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.51% | 4.10% | +0.41% |
Volatility (6M)Calculated over the trailing 6-month period | 7.53% | 5.98% | +1.55% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.55% | 14.26% | +1.29% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.46% | 11.95% | +1.51% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 13.46% | 13.68% | -0.22% |