QDIV vs. SRHQ

Last updated Aug 4, 2026

QDIV (Global X S&P 500 Quality Dividend ETF) and SRHQ (SRH U.S. Quality ETF) are both Quality Factor funds - QDIV tracks the S&P 500 Quality High Dividend Index while SRHQ tracks the SRH US Quality Index - Benchmark TR Gross. Both are passively managed. Over the past 3 years, QDIV returned 10.58%/yr vs 17.26%/yr for SRHQ. Their 0.77 correlation means they have sometimes moved together and sometimes differently. QDIV charges 0.20%/yr vs 0.35%/yr for SRHQ.

Performance

QDIV vs. SRHQ - 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 SRH U.S. Quality ETF (SRHQ). 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 SRHQ's 20.78% 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%

SRHQ

• 1D: -0.33%
• 1M: 1.86%
• 6M: 18.75%
• YTD: 20.78%
• 1Y: 31.30%
• 3Y*: 17.26%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 18.88%

*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
SRHQ SRH U.S. Quality ETF	$113.47K	$63.13K	$30.03K

QDIV vs. SRHQ - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
QDIV Global X S&P 500 Quality Dividend ETF	16.62%	3.16%	10.62%	5.18%	8.14%
SRHQ SRH U.S. Quality ETF	20.78%	7.34%	16.49%	21.81%	5.22%

Correlation

The correlation between QDIV and SRHQ is 0.61, 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.	0.61
Correlation (3Y) Balances recent behavior with more history.	0.71
Correlation (All Time) Calculated using the full available price history since Oct 5, 2022	0.77

The correlation between QDIV and SRHQ shifts across timeframes, from 0.61 (1 year) to 0.77 (all time), reflecting how their relationship changes across market environments.

QDIV vs. SRHQ - Sectors Allocation Comparison

Sectors	QDIV	SRHQ
Consumer Defensive	22.1%	5.2%
Financial Services	20.1%	10.2%
Industrials	16.6%	20.4%
Healthcare	13.5%	21.4%
Technology	10.7%	21.9%
Energy	8.9%	1.2%
Consumer Cyclical	5.8%	11.3%
Communication Services	3.5%	2.1%
Basic Materials	2.1%	2.7%
Real Estate	-	1.2%
Utilities	-	1.2%

Return for Risk

QDIV vs. SRHQ — 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

SRHQ

SRHQ Risk / Return Rank: 87
SRHQ Sharpe Ratio Rank: 84
SRHQ Sortino Ratio Rank: 84
SRHQ Omega Ratio Rank: 80
SRHQ Calmar Ratio Rank: 93
SRHQ Martin Ratio Rank: 93

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. SRHQ - 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 SRH U.S. Quality ETF (SRHQ). 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	SRHQ	Difference
Sharpe ratio: Return per unit of total volatility	1.82	1.97	-0.16
Sortino ratio: Return per unit of downside risk	2.77	2.80	-0.03
Omega ratio: Gain probability vs. loss probability	1.32	1.34	-0.02
Calmar ratio: Return relative to maximum drawdown	2.80	4.64	-1.84
Martin ratio: Return relative to average drawdown	7.14	16.85	-9.70

QDIV vs. SRHQ - Sharpe Ratio Comparison

The current QDIV Sharpe Ratio is 1.82, which is comparable to the SRHQ Sharpe Ratio of 1.97. The chart below compares the historical Sharpe Ratios of QDIV and SRHQ, 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. SRHQ - Drawdown Comparison

The maximum QDIV drawdown since its inception was -41.20%, which is greater than SRHQ's maximum drawdown of -18.50%. Use the drawdown chart below to compare losses from any high point for QDIV and SRHQ.

Drawdown Indicators

	QDIV	SRHQ	Difference
Max Drawdown Largest peak-to-trough decline	-41.20%	-18.50%	-22.70%
Max Drawdown (1Y) Largest decline over 1 year	-7.97%	-6.31%	-1.66%
Max Drawdown (3Y) Largest decline over 3 years	-16.81%	-18.50%	+1.69%
Max Drawdown (5Y) Largest decline over 5 years	-18.52%	—	—
Current Drawdown Current decline from peak	-1.05%	-1.47%	+0.42%
Average Drawdown Average peak-to-trough decline	-5.47%	-2.98%	-2.49%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.12%	1.74%	+1.38%

Volatility

QDIV vs. SRHQ - Volatility Comparison

Global X S&P 500 Quality Dividend ETF (QDIV) has a higher volatility of 4.87% compared to SRH U.S. Quality ETF (SRHQ) at 4.37%. This indicates that QDIV's price experiences larger fluctuations and is considered to be riskier than SRHQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	QDIV	SRHQ	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.87%	4.37%	+0.50%
Volatility (6M) Calculated over the trailing 6-month period	9.12%	11.10%	-1.98%
Volatility (1Y) Calculated over the trailing 1-year period	12.31%	14.90%	-2.59%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.32%	15.96%	-0.64%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.35%	15.96%	+3.39%

QDIV vs. SRHQ - Expense Ratio Comparison

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

Dividends

QDIV vs. SRHQ - Dividend Comparison

QDIV's dividend yield for the trailing twelve months is around 2.79%, more than SRHQ's 0.69% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
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%
SRHQ SRH U.S. Quality ETF	0.69%	0.76%	0.66%	0.84%	0.27%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both QDIV and SRHQ in my portfolio?

QDIV and SRHQ have a correlation of 0.61, 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 SRHQ?

QDIV has higher volatility (4.87%) compared to SRHQ (4.37%). In terms of maximum drawdown, QDIV dropped -41.20% vs SRHQ's -18.50%.

Which ETF is better, QDIV or SRHQ?

On 3-year performance, SRHQ leads with 17.26% vs 10.58% for QDIV. On fees, QDIV is cheaper at 0.20% per year. On volatility, SRHQ has been the lower-risk option at 4.37%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, QDIV or SRHQ?

Over the 3-year period, SRHQ has performed better with a 17.26% return vs 10.58%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, QDIV or SRHQ?

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

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

QDIV has the higher dividend yield at 2.79%, compared with 0.69% for SRHQ.

What is the main difference between QDIV and SRHQ?

QDIV tracks S&P 500 Quality High Dividend Index, while SRHQ tracks SRH US Quality Index - Benchmark TR Gross. They also come from different issuers: Global X and SRH. Their fees differ too: 0.20% for QDIV and 0.35% for SRHQ.

Which has better risk-adjusted returns?

SRHQ currently has the higher Sharpe Ratio (1.97 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.