OUSA vs. GQI

Last updated Aug 2, 2026

OUSA (OShares U.S. Quality Dividend ETF) and GQI (Natixis Gateway Quality Income ETF) are both Quality Factor funds. OUSA is passively managed, while GQI is actively managed. Over the past year, OUSA returned 15.60% vs 22.33% for GQI. Their 0.67 correlation means they have sometimes moved together and sometimes differently. OUSA charges 0.48%/yr vs 0.34%/yr for GQI.

Performance

OUSA vs. GQI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in OShares U.S. Quality Dividend ETF (OUSA) and Natixis Gateway Quality Income ETF (GQI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, OUSA achieves a 6.53% return, which is significantly lower than GQI's 9.82% return.

OUSA

• 1D: 0.11%
• 1M: 1.87%
• 6M: 4.63%
• YTD: 6.53%
• 1Y: 15.60%
• 3Y*: 12.64%
• 5Y*: 8.87%
• 10Y*: 10.36%
• ALL TIME*: 10.68%

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

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
GQI Natixis Gateway Quality Income ETF	$866.96K	$1.04M	$2.05M
OUSA OShares U.S. Quality Dividend ETF	$914.72K	$1.31M	$1.45M

OUSA vs. GQI - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
OUSA OShares U.S. Quality Dividend ETF	6.53%	10.23%	17.09%	2.05%
GQI Natixis Gateway Quality Income ETF	9.82%	15.36%	15.99%	1.60%

Correlation

The correlation between OUSA and GQI is 0.52, 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.	0.52
Correlation (All Time) Calculated using the full available price history since Dec 13, 2023	0.67

The correlation between OUSA and GQI shifts across timeframes, from 0.52 (1 year) to 0.67 (all time), reflecting how their relationship changes across market environments.

OUSA vs. GQI - Sectors Allocation Comparison

Sectors	OUSA	GQI
Technology	23.7%	37.9%
Financial Services	18.6%	9.9%
Healthcare	15.1%	10.9%
Consumer Cyclical	13.1%	11.0%
Industrials	11.9%	8.3%
Communication Services	10.3%	10.3%
Consumer Defensive	7.4%	6.1%
Basic Materials	-	0.7%
Energy	-	3.9%
Real Estate	-	0.4%
Utilities	-	0.6%

Return for Risk

OUSA vs. GQI — Risk / Return Rank

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

OUSA

OUSA Risk / Return Rank: 59
OUSA Sharpe Ratio Rank: 63
OUSA Sortino Ratio Rank: 68
OUSA Omega Ratio Rank: 60
OUSA Calmar Ratio Rank: 50
OUSA Martin Ratio Rank: 53

GQI

GQI Risk / Return Rank: 86
GQI Sharpe Ratio Rank: 87
GQI Sortino Ratio Rank: 87
GQI Omega Ratio Rank: 86
GQI Calmar Ratio Rank: 81
GQI Martin Ratio Rank: 91

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.

OUSA vs. GQI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for OShares U.S. Quality Dividend ETF (OUSA) 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.

	OUSA	GQI	Difference
Sharpe ratio: Return per unit of total volatility	1.46	2.07	-0.62
Sortino ratio: Return per unit of downside risk	2.22	2.92	-0.70
Omega ratio: Gain probability vs. loss probability	1.26	1.38	-0.12
Calmar ratio: Return relative to maximum drawdown	1.78	2.98	-1.19
Martin ratio: Return relative to average drawdown	6.23	15.46	-9.23

OUSA vs. GQI - Sharpe Ratio Comparison

The current OUSA Sharpe Ratio is 1.46, which is comparable to the GQI Sharpe Ratio of 2.07. The chart below compares the historical Sharpe Ratios of OUSA 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

OUSA vs. GQI - Drawdown Comparison

The maximum OUSA drawdown since its inception was -33.12%, which is greater than GQI's maximum drawdown of -16.56%. Use the drawdown chart below to compare losses from any high point for OUSA and GQI.

Drawdown Indicators

	OUSA	GQI	Difference
Max Drawdown Largest peak-to-trough decline	-33.12%	-16.56%	-16.56%
Max Drawdown (1Y) Largest decline over 1 year	-8.36%	-6.96%	-1.40%
Max Drawdown (3Y) Largest decline over 3 years	-13.14%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-19.54%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-33.12%	—	—
Current Drawdown Current decline from peak	-0.75%	-0.12%	-0.63%
Average Drawdown Average peak-to-trough decline	-3.50%	-1.62%	-1.88%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.39%	1.34%	+1.05%

Volatility

OUSA vs. GQI - Volatility Comparison

OShares U.S. Quality Dividend ETF (OUSA) has a higher volatility of 4.00% compared to Natixis Gateway Quality Income ETF (GQI) at 2.49%. This indicates that OUSA'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

	OUSA	GQI	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.00%	2.49%	+1.51%
Volatility (6M) Calculated over the trailing 6-month period	8.11%	7.65%	+0.46%
Volatility (1Y) Calculated over the trailing 1-year period	10.27%	9.99%	+0.28%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.38%	13.01%	+0.37%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.19%	13.01%	+2.18%

OUSA vs. GQI - Expense Ratio Comparison

OUSA has a 0.48% expense ratio, which is higher than GQI's 0.34% expense ratio.

Dividends

OUSA vs. GQI - Dividend Comparison

OUSA's dividend yield for the trailing twelve months is around 1.36%, less than GQI's 8.53% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
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%
OUSA OShares U.S. Quality Dividend ETF	1.36%	1.39%	1.50%	1.81%	1.92%	1.56%	2.03%	2.31%	3.06%	2.15%	2.32%	1.17%

Frequently Asked Questions

Can I hold both OUSA and GQI in my portfolio?

OUSA and GQI have a correlation of 0.52, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, OUSA or GQI?

OUSA has higher volatility (4.00%) compared to GQI (2.49%). In terms of maximum drawdown, OUSA dropped -33.12% vs GQI's -16.56%.

Which ETF is better, OUSA or GQI?

On 1-year performance, GQI leads with 22.33% vs 15.60% for OUSA. On fees, GQI is cheaper at 0.34% 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.

Which ETF has performed better, OUSA or GQI?

Over the 1-year period, GQI has performed better with a 22.33% return vs 15.60%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, OUSA or GQI?

GQI is cheaper with a 0.34% expense ratio, compared with 0.48% for OUSA.

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

GQI has the higher dividend yield at 7.83%, compared with 1.36% for OUSA.

What is the main difference between OUSA and GQI?

They also come from different issuers: O'Shares Investments and Natixis. Their fees differ too: 0.48% for OUSA and 0.34% for GQI.

Which has better risk-adjusted returns?

GQI currently has the higher Sharpe Ratio (2.07 vs 1.46), 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.