QDIV vs. GQI

Last updated Aug 4, 2026

QDIV (Global X S&P 500 Quality Dividend ETF) and GQI (Natixis Gateway Quality Income ETF) are both Quality Factor funds. QDIV is passively managed, while GQI is actively managed. Over the past year, QDIV returned 22.22% vs 22.33% for GQI. Their 0.40 correlation means their historical movements had little consistent relationship. QDIV charges 0.20%/yr vs 0.34%/yr for GQI.

Performance

QDIV vs. GQI - 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 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, QDIV achieves a 16.62% return, which is significantly higher than GQI's 9.82% 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%

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
QDIV Global X S&P 500 Quality Dividend ETF	$41.14K	$81.04K	$128.34K

QDIV vs. GQI - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
QDIV Global X S&P 500 Quality Dividend ETF	16.62%	3.16%	10.62%	3.48%
GQI Natixis Gateway Quality Income ETF	9.82%	15.36%	15.99%	1.60%

Correlation

The correlation between QDIV and GQI is 0.29, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.29
Correlation (All Time) Calculated using the full available price history since Dec 13, 2023	0.40

The correlation between QDIV and GQI shifts across timeframes, from 0.29 (1 year) to 0.40 (all time), reflecting how their relationship changes across market environments.

QDIV vs. GQI - Sectors Allocation Comparison

Sectors	QDIV	GQI
Consumer Defensive	22.1%	6.1%
Financial Services	20.1%	9.9%
Industrials	16.6%	8.3%
Healthcare	13.5%	10.9%
Technology	10.7%	37.9%
Energy	8.9%	3.9%
Consumer Cyclical	5.8%	11.0%
Communication Services	3.5%	10.3%
Basic Materials	2.1%	0.7%
Real Estate	-	0.4%
Utilities	-	0.6%

Return for Risk

QDIV vs. GQI — 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

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.

QDIV vs. GQI - 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 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.

	QDIV	GQI	Difference
Sharpe ratio: Return per unit of total volatility	1.82	2.07	-0.26
Sortino ratio: Return per unit of downside risk	2.77	2.92	-0.15
Omega ratio: Gain probability vs. loss probability	1.32	1.38	-0.06
Calmar ratio: Return relative to maximum drawdown	2.80	2.98	-0.18
Martin ratio: Return relative to average drawdown	7.14	15.46	-8.32

QDIV vs. GQI - Sharpe Ratio Comparison

The current QDIV Sharpe Ratio is 1.82, which is comparable to the GQI Sharpe Ratio of 2.07. The chart below compares the historical Sharpe Ratios of QDIV 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

QDIV vs. GQI - Drawdown Comparison

The maximum QDIV drawdown since its inception was -41.20%, which is greater than GQI's maximum drawdown of -16.56%. Use the drawdown chart below to compare losses from any high point for QDIV and GQI.

Drawdown Indicators

	QDIV	GQI	Difference
Max Drawdown Largest peak-to-trough decline	-41.20%	-16.56%	-24.64%
Max Drawdown (1Y) Largest decline over 1 year	-7.97%	-6.96%	-1.01%
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%	-0.12%	-0.93%
Average Drawdown Average peak-to-trough decline	-5.47%	-1.62%	-3.85%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.12%	1.34%	+1.78%

Volatility

QDIV vs. GQI - Volatility Comparison

Global X S&P 500 Quality Dividend ETF (QDIV) has a higher volatility of 4.87% compared to Natixis Gateway Quality Income ETF (GQI) at 2.49%. This indicates that QDIV'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

	QDIV	GQI	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.87%	2.49%	+2.38%
Volatility (6M) Calculated over the trailing 6-month period	9.12%	7.65%	+1.47%
Volatility (1Y) Calculated over the trailing 1-year period	12.31%	9.99%	+2.32%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.32%	13.01%	+2.31%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.35%	13.01%	+6.34%

QDIV vs. GQI - Expense Ratio Comparison

QDIV has a 0.20% expense ratio, which is lower than GQI's 0.34% expense ratio.

Dividends

QDIV vs. GQI - Dividend Comparison

QDIV's dividend yield for the trailing twelve months is around 2.79%, less than GQI's 8.53% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
GQI Natixis Gateway Quality Income ETF	7.83%	8.97%	7.77%	0.31%	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 GQI in my portfolio?

QDIV and GQI have a correlation of 0.29, 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 GQI?

QDIV has higher volatility (4.87%) compared to GQI (2.49%). In terms of maximum drawdown, QDIV dropped -41.20% vs GQI's -16.56%.

Which ETF is better, QDIV or GQI?

On 1-year performance, GQI leads with 22.33% vs 22.22% for QDIV. On fees, QDIV is cheaper at 0.20% 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, QDIV or GQI?

Over the 1-year period, GQI has performed better with a 22.33% 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 GQI?

QDIV is cheaper with a 0.20% expense ratio, compared with 0.34% for GQI.

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

GQI has the higher dividend yield at 7.83%, compared with 2.79% for QDIV.

What is the main difference between QDIV and GQI?

They also come from different issuers: Global X and Natixis. Their fees differ too: 0.20% for QDIV and 0.34% for GQI.

Which has better risk-adjusted returns?

GQI currently has the higher Sharpe Ratio (2.07 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.