PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan
IQLT vs. GQI
Performance
Return for Risk
Drawdowns
Volatility
Dividends

IQLT vs. GQI

Last updated Aug 2, 2026
Documentation

IQLT (iShares MSCI Intl Quality Factor ETF) and GQI (Natixis Gateway Quality Income ETF) are both Quality Factor funds. IQLT is passively managed, while GQI is actively managed. Over the past year, IQLT returned 24.16% vs 22.33% for GQI. Their 0.65 correlation means they have sometimes moved together and sometimes differently. IQLT charges 0.30%/yr vs 0.34%/yr for GQI.

Performance

IQLT vs. GQI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares MSCI Intl Quality Factor ETF (IQLT) and Natixis Gateway Quality Income ETF (GQI). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Returns By Period

In the year-to-date period, IQLT achieves a 12.06% return, which is significantly higher than GQI's 9.82% return.

IQLT

1D
-0.81%
1M
1.15%
6M
6.98%
YTD
12.06%
1Y
24.16%
3Y*
14.51%
5Y*
7.74%
10Y*
9.70%
ALL TIME*
8.64%

GQI

1D
0.91%
1M
1.51%
6M
7.93%
YTD
9.82%
1Y
22.33%
3Y*
—
5Y*
—
10Y*
—
ALL TIME*
16.45%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

PositionAvg. Volume Value (2W)Avg. Volume Value (1M)Avg. Volume Value (3M)

GQI

Natixis Gateway Quality Income ETF
$866.96K$1.04M$2.05M

IQLT

iShares MSCI Intl Quality Factor ETF
$80.44M$83.91M$72.09M

IQLT vs. GQI - Yearly Performance Comparison

2026 (YTD)202520242023
IQLT
iShares MSCI Intl Quality Factor ETF		12.06%25.42%1.54%4.45%
GQI
Natixis Gateway Quality Income ETF		9.82%15.36%15.99%1.60%

Correlation

The correlation between IQLT and GQI is 0.70, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

Correlation
Correlation (1Y)
Focuses on recent behavior, but can change the most.

0.70

Correlation (All Time)
Calculated using the full available price history since Dec 13, 2023

0.65

The correlation between IQLT and GQI has been stable across timeframes, ranging from 0.65 to 0.70 - a consistent structural relationship.

IQLT vs. GQI - Sectors Allocation Comparison

Sectors
IQLT
GQI

Financial Services

26.4%
9.9%

Industrials

18.0%
8.3%

Technology

12.3%
37.9%

Healthcare

8.8%
10.9%

Consumer Cyclical

7.7%
11.0%

Basic Materials

6.7%
0.7%

Consumer Defensive

6.4%
6.1%

Energy

5.5%
3.9%

Utilities

3.7%
0.6%

Communication Services

2.4%
10.3%

Real Estate

1.5%
0.4%

Financial Services

IQLT
26.4%
GQI
9.9%

Industrials

IQLT
18.0%
GQI
8.3%

Technology

IQLT
12.3%
GQI
37.9%

Healthcare

IQLT
8.8%
GQI
10.9%

Consumer Cyclical

IQLT
7.7%
GQI
11.0%

Basic Materials

IQLT
6.7%
GQI
0.7%

Consumer Defensive

IQLT
6.4%
GQI
6.1%

Energy

IQLT
5.5%
GQI
3.9%

Utilities

IQLT
3.7%
GQI
0.6%

Communication Services

IQLT
2.4%
GQI
10.3%

Real Estate

IQLT
1.5%
GQI
0.4%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

iShares MSCI Intl Quality Factor ETF

Natixis Gateway Quality Income ETF

Often compared with IQLT:
IQLT vs. VIGIIQLT vs. IEFAIQLT vs. SPYIQLT vs. QEFAIQLT vs. ACWXIQLT vs. VOOIQLT vs. DIHRX
Often compared with GQI:
GQI vs. FTHIGQI vs. FFRHXGQI vs. GPIQGQI vs. SCHDGQI vs. IVVGQI vs. LSGRGQI vs. VNSE

Return for Risk

IQLT vs. GQI — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.
IQLT
IQLT Risk / Return Rank: 6969
Overall Rank
IQLT Sharpe Ratio Rank: 7070
Sharpe Ratio Rank
IQLT Sortino Ratio Rank: 7070
Sortino Ratio Rank
IQLT Omega Ratio Rank: 6666
Omega Ratio Rank
IQLT Calmar Ratio Rank: 6666
Calmar Ratio Rank
IQLT Martin Ratio Rank: 7474
Martin Ratio Rank
GQI
GQI Risk / Return Rank: 8686
Overall Rank
GQI Sharpe Ratio Rank: 8787
Sharpe Ratio Rank
GQI Sortino Ratio Rank: 8787
Sortino Ratio Rank
GQI Omega Ratio Rank: 8686
Omega Ratio Rank
GQI Calmar Ratio Rank: 8181
Calmar Ratio Rank
GQI Martin Ratio Rank: 9191
Martin Ratio Rank
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.

IQLT vs. GQI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Intl Quality Factor ETF (IQLT) 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.

IQLTGQIDifference
Sharpe ratioReturn per unit of total volatility
1.58
2.07

-0.49

Sortino ratioReturn per unit of downside risk
2.28
2.92

-0.64

Omega ratioGain probability vs. loss probability

1.28

1.38

-0.10

Calmar ratioReturn relative to maximum drawdown

2.30

2.98

-0.68

Martin ratioReturn relative to average drawdown

9.18

15.46

-6.28

IQLT vs. GQI - Sharpe Ratio Comparison

The current IQLT Sharpe Ratio is 1.58, which is comparable to the GQI Sharpe Ratio of 2.07. The chart below compares the historical Sharpe Ratios of IQLT 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.

Loading charts...

Drawdowns

IQLT vs. GQI - Drawdown Comparison

The maximum IQLT drawdown since its inception was -32.21%, which is greater than GQI's maximum drawdown of -16.56%. Use the drawdown chart below to compare losses from any high point for IQLT and GQI.

Loading charts...

Drawdown Indicators

IQLTGQIDifference

Max Drawdown

Largest peak-to-trough decline

-32.21%

-16.56%

-15.65%

Max Drawdown (1Y)

Largest decline over 1 year

-10.38%

-6.96%

-3.42%

Max Drawdown (3Y)

Largest decline over 3 years

-13.18%

—

—

Max Drawdown (5Y)

Largest decline over 5 years

-30.24%

—

—

Max Drawdown (10Y)

Largest decline over 10 years

-32.21%

—

—

Current Drawdown

Current decline from peak

-0.81%

-0.12%

-0.69%

Average Drawdown

Average peak-to-trough decline

-6.15%

-1.62%

-4.53%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.59%

1.34%

+1.25%

Volatility

IQLT vs. GQI - Volatility Comparison

iShares MSCI Intl Quality Factor ETF (IQLT) has a higher volatility of 3.86% compared to Natixis Gateway Quality Income ETF (GQI) at 2.49%. This indicates that IQLT'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.

Loading charts...

Volatility by Period

IQLTGQIDifference

Volatility (1M)

Calculated over the trailing 1-month period

3.86%

2.49%

+1.37%

Volatility (6M)

Calculated over the trailing 6-month period

12.95%

7.65%

+5.30%

Volatility (1Y)

Calculated over the trailing 1-year period

15.13%

9.99%

+5.14%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

16.57%

13.01%

+3.56%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

16.77%

13.01%

+3.76%

IQLT vs. GQI - Expense Ratio Comparison

IQLT has a 0.30% expense ratio, which is lower than GQI's 0.34% expense ratio.

Dividends

IQLT vs. GQI - Dividend Comparison

IQLT's dividend yield for the trailing twelve months is around 2.38%, less than GQI's 8.53% yield.

PositionTTM20252024202320222021202020192018201720162015
GQI
Natixis Gateway Quality Income ETF		7.83%8.97%7.77%0.31%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
IQLT
iShares MSCI Intl Quality Factor ETF		2.38%2.33%2.87%2.27%3.14%2.24%1.61%2.28%2.72%2.36%2.91%2.78%

Frequently Asked Questions

IQLT and GQI have a correlation of 0.70, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

IQLT has higher volatility (3.86%) compared to GQI (2.49%). In terms of maximum drawdown, IQLT dropped -32.21% vs GQI's -16.56%.

On 1-year performance, IQLT leads with 24.16% vs 22.33% for GQI. On fees, IQLT is cheaper at 0.30% per year. On volatility, GQI has been the lower-risk option at 2.49%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 1-year period, IQLT has performed better with a 24.16% return vs 22.33%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

IQLT is cheaper with a 0.30% expense ratio, compared with 0.34% for GQI.

GQI has the higher dividend yield at 7.83%, compared with 2.38% for IQLT.

They also come from different issuers: iShares and Natixis. Their fees differ too: 0.30% for IQLT and 0.34% for GQI.

GQI currently has the higher Sharpe Ratio (2.07 vs 1.58), 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.

Portfolio Optimizer

Find the right allocation for IQLT and GQI

Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

Open Portfolio Optimizer