NZUS vs. GQGU
NZUS (SPDR MSCI USA Climate Paris Aligned ETF) and GQGU (GQG US Equity ETF) are both Large Cap Growth Equities funds. NZUS is passively managed, while GQGU is actively managed. At a correlation of -0.16, they often move in opposite directions. NZUS charges 0.10%/yr vs 0.49%/yr for GQGU.
Performance
NZUS vs. GQGU - Performance Comparison
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Returns By Period
In the year-to-date period, NZUS achieves a 5.51% return, which is significantly lower than GQGU's 6.60% return.
NZUS
- 1D
- 0.00%
- 1M
- 2.81%
- YTD
- 5.51%
- 6M
- 5.42%
- 1Y
- 20.11%
- 3Y*
- 20.11%
- 5Y*
- —
- 10Y*
- —
GQGU
- 1D
- -1.06%
- 1M
- -1.65%
- YTD
- 6.60%
- 6M
- 7.16%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
NZUS vs. GQGU - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
NZUS SPDR MSCI USA Climate Paris Aligned ETF | 5.51% | 9.68% |
GQGU GQG US Equity ETF | 6.60% | -1.14% |
Correlation
The correlation between NZUS and GQGU is -0.16, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Jul 15, 2025 | -0.16 |
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Return for Risk
NZUS vs. GQGU — Risk / Return Rank
NZUS
GQGU
NZUS vs. GQGU - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR MSCI USA Climate Paris Aligned ETF (NZUS) 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.
| NZUS | GQGU | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.32 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 1.85 | — | — |
| Martin ratioReturn relative to average drawdown | 6.83 | — | — |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| NZUS | GQGU | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.75 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.71 | 0.60 | +0.11 |
Drawdowns
NZUS vs. GQGU - Drawdown Comparison
The maximum NZUS drawdown since its inception was -20.99%, which is greater than GQGU's maximum drawdown of -6.65%. Use the drawdown chart below to compare losses from any high point for NZUS and GQGU.
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Drawdown Indicators
| NZUS | GQGU | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -20.99% | -6.65% | -14.34% |
Max Drawdown (1Y)Largest decline over 1 year | -12.43% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -20.99% | — | — |
Current DrawdownCurrent decline from peak | -0.42% | -4.66% | +4.24% |
Average DrawdownAverage peak-to-trough decline | -4.82% | -2.54% | -2.28% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.36% | — | — |
Volatility
NZUS vs. GQGU - Volatility Comparison
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Volatility by Period
| NZUS | GQGU | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.83% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 10.09% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 13.27% | 10.14% | +3.13% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.61% | 10.14% | +8.47% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.61% | 10.14% | +8.47% |
NZUS vs. GQGU - Expense Ratio Comparison
NZUS has a 0.10% expense ratio, which is lower than GQGU's 0.49% expense ratio.
Dividends
NZUS vs. GQGU - Dividend Comparison
NZUS's dividend yield for the trailing twelve months is around 0.60%, less than GQGU's 0.96% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
GQGU GQG US Equity ETF | 0.96% | 1.02% | 0.00% | 0.00% | 0.00% |
NZUS SPDR MSCI USA Climate Paris Aligned ETF | 0.60% | 0.89% | 5.49% | 1.07% | 1.22% |
Frequently Asked Questions
NZUS and GQGU have a correlation of -0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, NZUS is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.
NZUS is cheaper with a 0.10% expense ratio, compared with 0.49% for GQGU.
GQGU has the higher dividend yield at 0.96%, compared with 0.60% for NZUS.
They also come from different issuers: State Street and GQG Partners. Their fees differ too: 0.10% for NZUS and 0.49% for GQGU.
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