GQI vs. VNSE

Last updated Jun 23, 2026

GQI (Natixis Gateway Quality Income ETF) and VNSE (Natixis Vaughan Nelson Select ETF) are both exchange-traded funds - GQI is a Derivative Income fund actively managed by Natixis, while VNSE is a Large Cap Blend Equities fund tracking the Actively Managed. GQI is actively managed, while VNSE is passively managed. Over the past year, GQI returned 23.36% vs 21.94% for VNSE. Their correlation of 0.87 suggests significant overlap in exposure. GQI charges 0.34%/yr vs 0.80%/yr for VNSE.

Performance

GQI vs. VNSE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Natixis Gateway Quality Income ETF (GQI) and Natixis Vaughan Nelson Select ETF (VNSE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, GQI achieves a 7.29% return, which is significantly lower than VNSE's 8.43% return.

GQI

• 1D: -0.07%
• 1M: 0.10%
• YTD: 7.29%
• 6M: 7.25%
• 1Y: 23.36%
• 3Y*: —
• 5Y*: —
• 10Y*: —

VNSE

• 1D: -0.36%
• 1M: 0.85%
• YTD: 8.43%
• 6M: 8.63%
• 1Y: 21.94%
• 3Y*: 13.38%
• 5Y*: 10.50%
• 10Y*: —

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

GQI vs. VNSE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
GQI Natixis Gateway Quality Income ETF	7.29%	15.36%	15.99%	1.60%
VNSE Natixis Vaughan Nelson Select ETF	8.43%	13.72%	10.19%	3.02%

Correlation

The correlation between GQI and VNSE is 0.86, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.86
Correlation (All Time) Calculated using the full available price history since Dec 13, 2023	0.87

The correlation between GQI and VNSE has been stable across timeframes, ranging from 0.86 to 0.87 - a consistent structural relationship.

GQI vs. VNSE - Sectors Allocation Comparison

Sectors	GQI	VNSE
Technology	38.9%	30.4%
Consumer Cyclical	11.4%	7.7%
Communication Services	11.1%	9.4%
Healthcare	9.9%	9.2%
Financial Services	9.4%	12.4%
Industrials	7.9%	17.3%
Consumer Defensive	6.0%	-
Energy	3.6%	5.0%
Basic Materials	0.8%	6.1%
Utilities	0.7%	2.5%
Real Estate	0.3%	-

Return for Risk

GQI vs. VNSE — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

GQI

GQI Risk / Return Rank: 79
GQI Sharpe Ratio Rank: 78
GQI Sortino Ratio Rank: 80
GQI Omega Ratio Rank: 78
GQI Calmar Ratio Rank: 70
GQI Martin Ratio Rank: 87

VNSE

VNSE Risk / Return Rank: 44
VNSE Sharpe Ratio Rank: 46
VNSE Sortino Ratio Rank: 45
VNSE Omega Ratio Rank: 44
VNSE Calmar Ratio Rank: 38
VNSE Martin Ratio Rank: 46

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

GQI vs. VNSE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Natixis Gateway Quality Income ETF (GQI) and Natixis Vaughan Nelson Select ETF (VNSE). 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.

	GQI	VNSE	Difference
Sharpe ratio: Return per unit of total volatility	2.41	1.55	+0.86
Sortino ratio: Return per unit of downside risk	3.37	2.20	+1.17
Omega ratio: Gain probability vs. loss probability	1.44	1.28	+0.17
Calmar ratio: Return relative to maximum drawdown	3.37	1.85	+1.52
Martin ratio: Return relative to average drawdown	18.03	7.39	+10.64

GQI vs. VNSE - Sharpe Ratio Comparison

The current GQI Sharpe Ratio is 2.41, which is higher than the VNSE Sharpe Ratio of 1.55. The chart below compares the historical Sharpe Ratios of GQI and VNSE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

GQI vs. VNSE - Drawdown Comparison

The maximum GQI drawdown since its inception was -16.56%, smaller than the maximum VNSE drawdown of -24.21%. Use the drawdown chart below to compare losses from any high point for GQI and VNSE.

Drawdown Indicators

	GQI	VNSE	Difference
Max Drawdown Largest peak-to-trough decline	-16.56%	-24.21%	+7.65%
Max Drawdown (1Y) Largest decline over 1 year	-6.96%	-11.89%	+4.93%
Max Drawdown (3Y) Largest decline over 3 years	—	-20.91%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-24.21%	—
Current Drawdown Current decline from peak	-1.11%	-1.48%	+0.37%
Average Drawdown Average peak-to-trough decline	-1.66%	-5.49%	+3.83%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.30%	2.98%	-1.68%

Volatility

GQI vs. VNSE - Volatility Comparison

The current volatility for Natixis Gateway Quality Income ETF (GQI) is 3.37%, while Natixis Vaughan Nelson Select ETF (VNSE) has a volatility of 4.76%. This indicates that GQI experiences smaller price fluctuations and is considered to be less risky than VNSE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GQI	VNSE	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.37%	4.76%	-1.39%
Volatility (6M) Calculated over the trailing 6-month period	7.47%	11.27%	-3.80%
Volatility (1Y) Calculated over the trailing 1-year period	9.76%	14.26%	-4.50%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.15%	17.28%	-4.13%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.15%	17.17%	-4.02%

GQI vs. VNSE - Expense Ratio Comparison

GQI has a 0.34% expense ratio, which is lower than VNSE's 0.80% expense ratio.

Dividends

GQI vs. VNSE - Dividend Comparison

GQI's dividend yield for the trailing twelve months is around 8.80%, more than VNSE's 0.20% yield.

Position	TTM	2025	2024	2023	2022	2021	2020
GQI Natixis Gateway Quality Income ETF	8.80%	8.97%	7.77%	0.31%	0.00%	0.00%	0.00%
VNSE Natixis Vaughan Nelson Select ETF	0.20%	0.21%	0.00%	0.21%	7.01%	19.65%	0.06%

Frequently Asked Questions

Can I hold both GQI and VNSE in my portfolio?

GQI and VNSE have a correlation of 0.86, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, GQI or VNSE?

VNSE has higher volatility (4.76%) compared to GQI (3.37%). In terms of maximum drawdown, GQI dropped -16.56% vs VNSE's -24.21%.

Which ETF is better, GQI or VNSE?

On 1-year performance, GQI leads with 23.36% vs 21.94% for VNSE. On fees, GQI is cheaper at 0.34% per year. On volatility, GQI has been the lower-risk option at 3.37%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, GQI or VNSE?

Over the 1-year period, GQI has performed better with a 23.36% return vs 21.94%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, GQI or VNSE?

GQI is cheaper with a 0.34% expense ratio, compared with 0.80% for VNSE.

Which ETF pays a higher dividend yield, GQI or VNSE?

GQI has the higher dividend yield at 8.80%, compared with 0.20% for VNSE.

What is the main difference between GQI and VNSE?

GQI is categorized as Derivative Income, while VNSE is Large Cap Blend Equities. Their fees differ too: 0.34% for GQI and 0.80% for VNSE.

Which has better risk-adjusted returns?

GQI currently has the higher Sharpe Ratio (2.41 vs 1.55), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.