QDIV vs. SQLV

Last updated Aug 4, 2026

QDIV (Global X S&P 500 Quality Dividend ETF) and SQLV (Royce Quant Small-Cap Quality Value ETF) are both Quality Factor funds. QDIV is passively managed, while SQLV is actively managed. Over the past 5 years, QDIV returned 8.61%/yr vs 8.18%/yr for SQLV. Their 0.65 correlation means they have sometimes moved together and sometimes differently. QDIV charges 0.20%/yr vs 0.60%/yr for SQLV.

Performance

QDIV vs. SQLV - 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 Royce Quant Small-Cap Quality Value ETF (SQLV). 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 SQLV's 23.57% 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%

SQLV

• 1D: -0.45%
• 1M: 1.00%
• 6M: 18.55%
• YTD: 23.57%
• 1Y: 37.64%
• 3Y*: 12.11%
• 5Y*: 8.18%
• 10Y*: —
• ALL TIME*: 9.92%

*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)
QDIV Global X S&P 500 Quality Dividend ETF	$41.14K	$81.04K	$128.34K
SQLV Royce Quant Small-Cap Quality Value ETF	$1.18M	$614.27K	$248.07K

QDIV vs. SQLV - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
QDIV Global X S&P 500 Quality Dividend ETF	16.62%	3.16%	10.62%	5.18%	-0.50%	28.99%	0.03%	29.00%	-12.20%
SQLV Royce Quant Small-Cap Quality Value ETF	23.57%	2.50%	4.76%	21.21%	-12.86%	37.14%	7.13%	17.41%	-18.78%

Correlation

The correlation between QDIV and SQLV is 0.65, 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.	0.65
Correlation (3Y) Balances recent behavior with more history.	0.72
Correlation (5Y) Shows whether the relationship held over a longer period.	0.75
Correlation (All Time) Calculated using the full available price history since Jul 17, 2018	0.65

The correlation between QDIV and SQLV has been stable across timeframes, ranging from 0.65 to 0.75 - a consistent structural relationship.

QDIV vs. SQLV - Sectors Allocation Comparison

Sectors	QDIV	SQLV
Consumer Defensive	22.1%	7.4%
Financial Services	20.1%	19.0%
Industrials	16.6%	10.3%
Healthcare	13.5%	18.7%
Technology	10.7%	15.9%
Energy	8.9%	4.0%
Consumer Cyclical	5.8%	13.8%
Communication Services	3.5%	6.0%
Basic Materials	2.1%	3.8%
Real Estate	-	0.9%
Utilities	-	0.2%

Return for Risk

QDIV vs. SQLV — 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

SQLV

SQLV Risk / Return Rank: 86
SQLV Sharpe Ratio Rank: 86
SQLV Sortino Ratio Rank: 88
SQLV Omega Ratio Rank: 81
SQLV Calmar Ratio Rank: 90
SQLV Martin Ratio Rank: 86

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. SQLV - 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 Royce Quant Small-Cap Quality Value ETF (SQLV). 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	SQLV	Difference
Sharpe ratio: Return per unit of total volatility	1.82	2.02	-0.20
Sortino ratio: Return per unit of downside risk	2.77	2.97	-0.20
Omega ratio: Gain probability vs. loss probability	1.32	1.34	-0.02
Calmar ratio: Return relative to maximum drawdown	2.80	3.95	-1.15
Martin ratio: Return relative to average drawdown	7.14	12.39	-5.25

QDIV vs. SQLV - Sharpe Ratio Comparison

The current QDIV Sharpe Ratio is 1.82, which is comparable to the SQLV Sharpe Ratio of 2.02. The chart below compares the historical Sharpe Ratios of QDIV and SQLV, 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. SQLV - Drawdown Comparison

The maximum QDIV drawdown since its inception was -41.20%, smaller than the maximum SQLV drawdown of -48.34%. Use the drawdown chart below to compare losses from any high point for QDIV and SQLV.

Drawdown Indicators

	QDIV	SQLV	Difference
Max Drawdown Largest peak-to-trough decline	-41.20%	-48.34%	+7.14%
Max Drawdown (1Y) Largest decline over 1 year	-7.97%	-8.84%	+0.87%
Max Drawdown (3Y) Largest decline over 3 years	-16.81%	-26.86%	+10.05%
Max Drawdown (5Y) Largest decline over 5 years	-18.52%	-26.86%	+8.34%
Current Drawdown Current decline from peak	-1.05%	-1.74%	+0.69%
Average Drawdown Average peak-to-trough decline	-5.47%	-8.80%	+3.33%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.12%	2.81%	+0.31%

Volatility

QDIV vs. SQLV - Volatility Comparison

Global X S&P 500 Quality Dividend ETF (QDIV) has a higher volatility of 4.87% compared to Royce Quant Small-Cap Quality Value ETF (SQLV) at 4.34%. This indicates that QDIV's price experiences larger fluctuations and is considered to be riskier than SQLV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	QDIV	SQLV	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.87%	4.34%	+0.53%
Volatility (6M) Calculated over the trailing 6-month period	9.12%	11.60%	-2.48%
Volatility (1Y) Calculated over the trailing 1-year period	12.31%	17.33%	-5.02%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.32%	20.87%	-5.55%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.35%	23.24%	-3.89%

QDIV vs. SQLV - Expense Ratio Comparison

QDIV has a 0.20% expense ratio, which is lower than SQLV's 0.60% expense ratio.

Dividends

QDIV vs. SQLV - Dividend Comparison

QDIV's dividend yield for the trailing twelve months is around 2.79%, more than SQLV's 0.95% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
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%	0.00%
SQLV Royce Quant Small-Cap Quality Value ETF	0.95%	1.15%	1.11%	1.09%	1.24%	1.12%	1.22%	1.20%	1.08%	0.40%

Frequently Asked Questions

Can I hold both QDIV and SQLV in my portfolio?

QDIV and SQLV have a correlation of 0.65, 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 SQLV?

QDIV has higher volatility (4.87%) compared to SQLV (4.34%). In terms of maximum drawdown, QDIV dropped -41.20% vs SQLV's -48.34%.

Which ETF is better, QDIV or SQLV?

On 5-year performance, QDIV leads with 8.61% vs 8.18% for SQLV. On fees, QDIV is cheaper at 0.20% per year. On volatility, SQLV has been the lower-risk option at 4.34%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, QDIV or SQLV?

Over the 5-year period, QDIV has performed better with a 8.61% return vs 8.18%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, QDIV or SQLV?

QDIV is cheaper with a 0.20% expense ratio, compared with 0.60% for SQLV.

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

QDIV has the higher dividend yield at 2.79%, compared with 0.95% for SQLV.

What is the main difference between QDIV and SQLV?

They also come from different issuers: Global X and Franklin Templeton. Their fees differ too: 0.20% for QDIV and 0.60% for SQLV.

Which has better risk-adjusted returns?

SQLV currently has the higher Sharpe Ratio (2.02 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.