QDIV vs. EQLT

Last updated Aug 4, 2026

QDIV (Global X S&P 500 Quality Dividend ETF) and EQLT (iShares MSCI Emerging Markets Quality Factor ETF) are both Quality Factor funds - QDIV tracks the S&P 500 Quality High Dividend Index while EQLT tracks the MSCI Emerging Markets Quality Factor Select Index. Both are passively managed. Over the past year, QDIV returned 22.22% vs 44.38% for EQLT. Their 0.24 correlation means their historical movements had little consistent relationship. QDIV charges 0.20%/yr vs 0.35%/yr for EQLT.

Performance

QDIV vs. EQLT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Global X S&P 500 Quality Dividend ETF (QDIV) and iShares MSCI Emerging Markets Quality Factor ETF (EQLT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, QDIV achieves a 16.62% return, which is significantly lower than EQLT's 22.86% return.

QDIV

• 1D: 0.51%
• 1M: 4.41%
• 6M: 9.29%
• YTD: 16.62%
• 1Y: 22.22%
• 3Y*: 10.58%
• 5Y*: 8.61%
• 10Y*: —
• ALL TIME*: 9.23%

EQLT

• 1D: 0.51%
• 1M: -1.35%
• 6M: 14.71%
• YTD: 22.86%
• 1Y: 44.38%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 29.13%

*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)
EQLT iShares MSCI Emerging Markets Quality Factor ETF	$77.09K	$55.23K	$122.39K
QDIV Global X S&P 500 Quality Dividend ETF	$41.14K	$81.04K	$128.34K

QDIV vs. EQLT - Yearly Performance Comparison

	2026 (YTD)	2025	2024
QDIV Global X S&P 500 Quality Dividend ETF	16.62%	3.16%	-0.87%
EQLT iShares MSCI Emerging Markets Quality Factor ETF	22.86%	33.93%	-1.29%

Correlation

The correlation between QDIV and EQLT is 0.15, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.15
Correlation (All Time) Calculated using the full available price history since Sep 6, 2024	0.24

QDIV vs. EQLT - Sectors Allocation Comparison

Sectors	QDIV	EQLT
Consumer Defensive	22.1%	3.5%
Financial Services	20.1%	19.5%
Industrials	16.6%	11.4%
Healthcare	13.5%	3.3%
Technology	10.7%	34.8%
Energy	8.9%	3.5%
Consumer Cyclical	5.8%	8.2%
Communication Services	3.5%	5.2%
Basic Materials	2.1%	6.5%
Real Estate	-	0.9%
Utilities	-	1.8%

Return for Risk

QDIV vs. EQLT — Risk / Return Rank

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

QDIV

QDIV Risk / Return Rank: 73
QDIV Sharpe Ratio Rank: 77
QDIV Sortino Ratio Rank: 82
QDIV Omega Ratio Rank: 74
QDIV Calmar Ratio Rank: 77
QDIV Martin Ratio Rank: 58

EQLT

EQLT Risk / Return Rank: 81
EQLT Sharpe Ratio Rank: 80
EQLT Sortino Ratio Rank: 76
EQLT Omega Ratio Rank: 79
EQLT Calmar Ratio Rank: 88
EQLT Martin Ratio Rank: 81

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.

QDIV vs. EQLT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X S&P 500 Quality Dividend ETF (QDIV) and iShares MSCI Emerging Markets Quality Factor ETF (EQLT). 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.

	QDIV	EQLT	Difference
Sharpe ratio: Return per unit of total volatility	1.82	1.85	-0.03
Sortino ratio: Return per unit of downside risk	2.77	2.44	+0.32
Omega ratio: Gain probability vs. loss probability	1.32	1.33	-0.01
Calmar ratio: Return relative to maximum drawdown	2.80	3.61	-0.81
Martin ratio: Return relative to average drawdown	7.14	10.91	-3.77

QDIV vs. EQLT - Sharpe Ratio Comparison

The current QDIV Sharpe Ratio is 1.82, which is comparable to the EQLT Sharpe Ratio of 1.85. The chart below compares the historical Sharpe Ratios of QDIV and EQLT, 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

QDIV vs. EQLT - Drawdown Comparison

The maximum QDIV drawdown since its inception was -41.20%, which is greater than EQLT's maximum drawdown of -17.38%. Use the drawdown chart below to compare losses from any high point for QDIV and EQLT.

Drawdown Indicators

	QDIV	EQLT	Difference
Max Drawdown Largest peak-to-trough decline	-41.20%	-17.38%	-23.82%
Max Drawdown (1Y) Largest decline over 1 year	-7.97%	-12.00%	+4.03%
Max Drawdown (3Y) Largest decline over 3 years	-16.81%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-18.52%	—	—
Current Drawdown Current decline from peak	-1.05%	-8.36%	+7.31%
Average Drawdown Average peak-to-trough decline	-5.47%	-3.81%	-1.66%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.12%	3.96%	-0.84%

Volatility

QDIV vs. EQLT - Volatility Comparison

The current volatility for Global X S&P 500 Quality Dividend ETF (QDIV) is 4.87%, while iShares MSCI Emerging Markets Quality Factor ETF (EQLT) has a volatility of 5.98%. This indicates that QDIV experiences smaller price fluctuations and is considered to be less risky than EQLT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	QDIV	EQLT	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.87%	5.98%	-1.11%
Volatility (6M) Calculated over the trailing 6-month period	9.12%	21.15%	-12.03%
Volatility (1Y) Calculated over the trailing 1-year period	12.31%	23.39%	-11.08%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.32%	21.25%	-5.93%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.35%	21.25%	-1.90%

QDIV vs. EQLT - Expense Ratio Comparison

QDIV has a 0.20% expense ratio, which is lower than EQLT's 0.35% expense ratio.

Dividends

QDIV vs. EQLT - Dividend Comparison

QDIV's dividend yield for the trailing twelve months is around 2.79%, less than EQLT's 2.85% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
EQLT iShares MSCI Emerging Markets Quality Factor ETF	2.85%	3.10%	0.51%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
QDIV Global X S&P 500 Quality Dividend ETF	2.79%	3.13%	2.88%	3.26%	3.02%	2.44%	3.06%	2.84%	1.30%

Frequently Asked Questions

Can I hold both QDIV and EQLT in my portfolio?

QDIV and EQLT have a correlation of 0.15, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, QDIV or EQLT?

EQLT has higher volatility (5.98%) compared to QDIV (4.87%). In terms of maximum drawdown, QDIV dropped -41.20% vs EQLT's -17.38%.

Which ETF is better, QDIV or EQLT?

On 1-year performance, EQLT leads with 44.38% vs 22.22% for QDIV. On fees, QDIV is cheaper at 0.20% per year. On volatility, QDIV has been the lower-risk option at 4.87%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, QDIV or EQLT?

Over the 1-year period, EQLT has performed better with a 44.38% return vs 22.22%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, QDIV or EQLT?

QDIV is cheaper with a 0.20% expense ratio, compared with 0.35% for EQLT.

Which ETF pays a higher dividend yield, QDIV or EQLT?

EQLT has the higher dividend yield at 2.85%, compared with 2.79% for QDIV.

What is the main difference between QDIV and EQLT?

QDIV tracks S&P 500 Quality High Dividend Index, while EQLT tracks MSCI Emerging Markets Quality Factor Select Index. They also come from different issuers: Global X and iShares. Their fees differ too: 0.20% for QDIV and 0.35% for EQLT.

Which has better risk-adjusted returns?

EQLT currently has the higher Sharpe Ratio (1.85 vs 1.82), 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.