HQGO vs. GQI

Last updated Aug 4, 2026

HQGO (Hartford US Quality Growth ETF) and GQI (Natixis Gateway Quality Income ETF) are both Quality Factor funds. HQGO is passively managed, while GQI is actively managed. Over the past year, HQGO returned 23.04% vs 23.37% for GQI. Their correlation of 0.92 means they have usually moved in the same direction. Both charge a 0.34% expense ratio.

Performance

HQGO vs. GQI - Performance Comparison

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

Returns By Period

The year-to-date returns for both stocks are quite close, with HQGO having a 11.00% return and GQI slightly lower at 10.75%.

HQGO

• 1D: 1.39%
• 1M: 2.07%
• 6M: 9.26%
• YTD: 11.00%
• 1Y: 23.04%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 21.56%

GQI

• 1D: 0.85%
• 1M: 2.38%
• 6M: 8.32%
• YTD: 10.75%
• 1Y: 23.37%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 16.77%

*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)
GQI Natixis Gateway Quality Income ETF	$949.20K	$1.01M	$2.07M
HQGO Hartford US Quality Growth ETF	$5.49K	$7.53K	$51.76K

HQGO vs. GQI - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
HQGO Hartford US Quality Growth ETF	11.00%	15.15%	25.09%	3.11%
GQI Natixis Gateway Quality Income ETF	10.75%	15.36%	15.99%	1.60%

Correlation

The correlation between HQGO and GQI is 0.91, meaning they have usually moved in the same direction, including during past declines.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.91
Correlation (All Time) Calculated using the full available price history since Dec 13, 2023	0.92

The correlation between HQGO and GQI has been stable across timeframes, ranging from 0.91 to 0.92 - a consistent structural relationship.

HQGO vs. GQI - Sectors Allocation Comparison

Sectors	HQGO	GQI
Technology	42.3%	37.9%
Consumer Cyclical	12.3%	11.0%
Healthcare	10.4%	10.9%
Communication Services	9.9%	10.3%
Industrials	7.0%	8.3%
Financial Services	6.7%	9.9%
Consumer Defensive	3.9%	6.1%
Energy	3.9%	3.9%
Basic Materials	2.2%	0.7%
Real Estate	0.9%	0.4%
Utilities	0.1%	0.6%

Return for Risk

HQGO vs. GQI — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

HQGO

HQGO Risk / Return Rank: 62
HQGO Sharpe Ratio Rank: 64
HQGO Sortino Ratio Rank: 62
HQGO Omega Ratio Rank: 60
HQGO Calmar Ratio Rank: 58
HQGO Martin Ratio Rank: 64

GQI

GQI Risk / Return Rank: 90
GQI Sharpe Ratio Rank: 90
GQI Sortino Ratio Rank: 91
GQI Omega Ratio Rank: 90
GQI Calmar Ratio Rank: 84
GQI Martin Ratio Rank: 93

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

HQGO vs. GQI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Hartford US Quality Growth ETF (HQGO) and Natixis Gateway Quality Income ETF (GQI). 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.

	HQGO	GQI	Difference
Sharpe ratio: Return per unit of total volatility	1.63	2.37	-0.73
Sortino ratio: Return per unit of downside risk	2.27	3.33	-1.07
Omega ratio: Gain probability vs. loss probability	1.28	1.43	-0.15
Calmar ratio: Return relative to maximum drawdown	2.23	3.37	-1.15
Martin ratio: Return relative to average drawdown	8.45	17.52	-9.07

HQGO vs. GQI - Sharpe Ratio Comparison

The current HQGO Sharpe Ratio is 1.63, which is lower than the GQI Sharpe Ratio of 2.37. The chart below compares the historical Sharpe Ratios of HQGO and GQI, 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

HQGO vs. GQI - Drawdown Comparison

The maximum HQGO drawdown since its inception was -20.85%, which is greater than GQI's maximum drawdown of -16.56%. Use the drawdown chart below to compare losses from any high point for HQGO and GQI.

Drawdown Indicators

	HQGO	GQI	Difference
Max Drawdown Largest peak-to-trough decline	-20.85%	-16.56%	-4.29%
Max Drawdown (1Y) Largest decline over 1 year	-10.40%	-6.96%	-3.44%
Current Drawdown Current decline from peak	-0.10%	0.00%	-0.10%
Average Drawdown Average peak-to-trough decline	-2.52%	-1.61%	-0.91%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.73%	1.34%	+1.39%

Volatility

HQGO vs. GQI - Volatility Comparison

Hartford US Quality Growth ETF (HQGO) has a higher volatility of 3.62% compared to Natixis Gateway Quality Income ETF (GQI) at 2.60%. This indicates that HQGO's price experiences larger fluctuations and is considered to be riskier than GQI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	HQGO	GQI	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.62%	2.60%	+1.02%
Volatility (6M) Calculated over the trailing 6-month period	10.83%	7.67%	+3.16%
Volatility (1Y) Calculated over the trailing 1-year period	14.18%	9.93%	+4.25%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.90%	13.00%	+3.90%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.90%	13.00%	+3.90%

HQGO vs. GQI - Expense Ratio Comparison

Both HQGO and GQI have an expense ratio of 0.34%.

Dividends

HQGO vs. GQI - Dividend Comparison

HQGO's dividend yield for the trailing twelve months is around 0.45%, less than GQI's 8.71% yield.

Position	TTM	2025	2024	2023
GQI Natixis Gateway Quality Income ETF	8.71%	8.97%	7.77%	0.31%
HQGO Hartford US Quality Growth ETF	0.45%	0.51%	0.52%	0.00%

Frequently Asked Questions

Can I hold both HQGO and GQI in my portfolio?

With a correlation of 0.91, HQGO and GQI move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, HQGO or GQI?

HQGO has higher volatility (3.62%) compared to GQI (2.60%). In terms of maximum drawdown, HQGO dropped -20.85% vs GQI's -16.56%.

Which ETF is better, HQGO or GQI?

On 1-year performance, GQI leads with 23.37% vs 23.04% for HQGO. Both ETFs have the same 0.34% expense ratio. On volatility, GQI has been the lower-risk option at 2.60%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, HQGO or GQI?

Over the 1-year period, GQI has performed better with a 23.37% return vs 23.04%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, HQGO or GQI?

HQGO and GQI have the same expense ratio: 0.34% per year.

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

GQI has the higher dividend yield at 8.71%, compared with 0.45% for HQGO.

What is the main difference between HQGO and GQI?

They also come from different issuers: Hartford and Natixis.

Which has better risk-adjusted returns?

GQI currently has the higher Sharpe Ratio (2.37 vs 1.63), 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.