IWFG vs. GQGU

Last updated Apr 2, 2026

Compare and contrast key facts about NYLI Winslow Focused Large Cap Growth ETF (IWFG) and GQG US Equity ETF (GQGU).

IWFG and GQGU are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IWFG is an actively managed fund by New York Life. It was launched on Jun 23, 2022. GQGU is an actively managed fund by GQG Partners. It was launched on Jul 14, 2025.

Performance

IWFG vs. GQGU - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in NYLI Winslow Focused Large Cap Growth ETF (IWFG) and GQG US Equity ETF (GQGU). The values are adjusted to include any dividend payments, if applicable.

IWFG vs. GQGU - Yearly Performance Comparison

	2026 (YTD)	2025
IWFG NYLI Winslow Focused Large Cap Growth ETF	-12.12%	3.01%
GQGU GQG US Equity ETF	8.19%	-1.14%

Returns By Period

In the year-to-date period, IWFG achieves a -12.12% return, which is significantly lower than GQGU's 8.19% return.

IWFG

• 1D: 1.14%
• 1M: -5.23%
• YTD: -12.12%
• 6M: -12.26%
• 1Y: 9.20%
• 3Y*: 19.97%
• 5Y*: —
• 10Y*: —

GQGU

• 1D: -1.30%
• 1M: -3.10%
• YTD: 8.19%
• 6M: 6.64%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

IWFG vs. GQGU - Expense Ratio Comparison

IWFG has a 0.46% expense ratio, which is lower than GQGU's 0.49% expense ratio.

GQGU

GQG US Equity ETF

IWFG

NYLI Winslow Focused Large Cap Growth ETF

Return for Risk

IWFG vs. GQGU — Risk / Return Rank

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

IWFG

IWFG Risk / Return Rank: 22
IWFG Sharpe Ratio Rank: 22
IWFG Sortino Ratio Rank: 24
IWFG Omega Ratio Rank: 24
IWFG Calmar Ratio Rank: 21
IWFG Martin Ratio Rank: 21

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.

IWFG vs. GQGU - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for NYLI Winslow Focused Large Cap Growth ETF (IWFG) and GQG US Equity ETF (GQGU). 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.

	IWFG	GQGU	Difference
Sharpe ratio Return per unit of total volatility	0.41	—	—
Sortino ratio Return per unit of downside risk	0.75	—	—
Omega ratio Gain probability vs. loss probability	1.10	—	—
Calmar ratio Return relative to maximum drawdown	0.50	—	—
Martin ratio Return relative to average drawdown	1.59	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	IWFG	GQGU	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.41	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.97	1.02	-0.05

Correlation

The correlation between IWFG and GQGU is -0.27. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.

Dividends

IWFG vs. GQGU - Dividend Comparison

IWFG has not paid dividends to shareholders, while GQGU's dividend yield for the trailing twelve months is around 0.94%.

	TTM	2025	2024	2023	2022
IWFG NYLI Winslow Focused Large Cap Growth ETF	0.00%	0.00%	5.44%	1.01%	0.05%
GQGU GQG US Equity ETF	0.94%	1.02%	0.00%	0.00%	0.00%

Drawdowns

IWFG vs. GQGU - Drawdown Comparison

The maximum IWFG drawdown since its inception was -21.97%, which is greater than GQGU's maximum drawdown of -6.65%. Use the drawdown chart below to compare losses from any high point for IWFG and GQGU.

Drawdown Indicators

	IWFG	GQGU	Difference
Max Drawdown Largest peak-to-trough decline	-21.97%	-6.65%	-15.32%
Max Drawdown (1Y) Largest decline over 1 year	-20.20%	—	—
Current Drawdown Current decline from peak	-16.31%	-3.24%	-13.07%
Average Drawdown Average peak-to-trough decline	-4.02%	-2.21%	-1.81%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.33%	—	—

Volatility

Volatility by Period

	IWFG	GQGU	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.13%	—	—
Volatility (6M) Calculated over the trailing 6-month period	13.31%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	22.78%	9.66%	+13.12%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.69%	9.66%	+11.03%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.69%	9.66%	+11.03%