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QIDX vs. ABHY
Performance
Return for Risk
Drawdowns
Volatility
Dividends

Performance

QIDX vs. ABHY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Indexperts Quality Earnings Focused ETF (QIDX) and Abacus Tactical High Yield ETF (ABHY). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, QIDX achieves a 6.98% return, which is significantly higher than ABHY's 0.19% return.


QIDX

1D
-0.44%
1M
1.58%
YTD
6.98%
6M
6.58%
1Y
11.10%
3Y*
5Y*
10Y*

ABHY

1D
-0.31%
1M
0.32%
YTD
0.19%
6M
0.47%
1Y
5.34%
3Y*
6.41%
5Y*
1.12%
10Y*
*Multi-year figures are annualized to reflect compound growth (CAGR)

QIDX vs. ABHY - Yearly Performance Comparison


Correlation

The correlation between QIDX and ABHY is 0.56, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.


Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.56

Correlation (All Time)
Calculated using the full available price history since Jan 3, 2025

0.54

The correlation between QIDX and ABHY has been stable across timeframes, ranging from 0.54 to 0.56 - a consistent structural relationship.

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Return for Risk

QIDX vs. ABHY — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

QIDX
QIDX Risk / Return Rank: 3131
Overall Rank
QIDX Sharpe Ratio Rank: 2929
Sharpe Ratio Rank
QIDX Sortino Ratio Rank: 2828
Sortino Ratio Rank
QIDX Omega Ratio Rank: 2828
Omega Ratio Rank
QIDX Calmar Ratio Rank: 3333
Calmar Ratio Rank
QIDX Martin Ratio Rank: 3535
Martin Ratio Rank

ABHY
ABHY Risk / Return Rank: 4040
Overall Rank
ABHY Sharpe Ratio Rank: 4444
Sharpe Ratio Rank
ABHY Sortino Ratio Rank: 4343
Sortino Ratio Rank
ABHY Omega Ratio Rank: 4545
Omega Ratio Rank
ABHY Calmar Ratio Rank: 3232
Calmar Ratio Rank
ABHY Martin Ratio Rank: 3535
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

QIDX vs. ABHY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Indexperts Quality Earnings Focused ETF (QIDX) and Abacus Tactical High Yield ETF (ABHY). 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.


QIDXABHYDifference

Sharpe ratio

Return per unit of total volatility

1.02

1.54

-0.53

Sortino ratio

Return per unit of downside risk

1.52

2.18

-0.66

Omega ratio

Gain probability vs. loss probability

1.18

1.28

-0.10

Calmar ratio

Return relative to maximum drawdown

1.61

1.56

+0.05

Martin ratio

Return relative to average drawdown

5.31

5.28

+0.03

QIDX vs. ABHY - Sharpe Ratio Comparison

The current QIDX Sharpe Ratio is 1.02, which is lower than the ABHY Sharpe Ratio of 1.54. The chart below compares the historical Sharpe Ratios of QIDX and ABHY, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.


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Sharpe Ratios by Period


QIDXABHYDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.02

1.54

-0.53

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.20

Sharpe Ratio (All Time)

Calculated using the full available price history

0.75

0.24

+0.51

Drawdowns

QIDX vs. ABHY - Drawdown Comparison

The maximum QIDX drawdown since its inception was -14.99%, smaller than the maximum ABHY drawdown of -16.96%. Use the drawdown chart below to compare losses from any high point for QIDX and ABHY.


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Drawdown Indicators


QIDXABHYDifference

Max Drawdown

Largest peak-to-trough decline

-14.99%

-16.96%

+1.97%

Max Drawdown (1Y)

Largest decline over 1 year

-6.92%

-3.43%

-3.49%

Max Drawdown (3Y)

Largest decline over 3 years

-3.81%

Max Drawdown (5Y)

Largest decline over 5 years

-16.96%

Current Drawdown

Current decline from peak

-0.44%

-1.60%

+1.16%

Average Drawdown

Average peak-to-trough decline

-2.30%

-5.73%

+3.43%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.10%

1.01%

+1.09%

Volatility

QIDX vs. ABHY - Volatility Comparison

Indexperts Quality Earnings Focused ETF (QIDX) has a higher volatility of 2.87% compared to Abacus Tactical High Yield ETF (ABHY) at 0.98%. This indicates that QIDX's price experiences larger fluctuations and is considered to be riskier than ABHY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


QIDXABHYDifference

Volatility (1M)

Calculated over the trailing 1-month period

2.87%

0.98%

+1.89%

Volatility (6M)

Calculated over the trailing 6-month period

8.31%

2.74%

+5.57%

Volatility (1Y)

Calculated over the trailing 1-year period

10.98%

3.48%

+7.50%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

14.60%

5.59%

+9.01%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

14.60%

5.44%

+9.16%

QIDX vs. ABHY - Expense Ratio Comparison

QIDX has a 0.50% expense ratio, which is lower than ABHY's 0.63% expense ratio.


Dividends

QIDX vs. ABHY - Dividend Comparison

QIDX's dividend yield for the trailing twelve months is around 0.86%, less than ABHY's 5.20% yield.


PositionTTM202520242023202220212020
ABHY
Abacus Tactical High Yield ETF
5.20%5.50%15.35%4.79%3.18%3.40%0.37%
QIDX
Indexperts Quality Earnings Focused ETF
0.86%0.84%0.00%0.00%0.00%0.00%0.00%

Frequently Asked Questions


QIDX and ABHY have a correlation of 0.56, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

QIDX has higher volatility (2.87%) compared to ABHY (0.98%). In terms of maximum drawdown, QIDX dropped -14.99% vs ABHY's -16.96%.

On 1-year performance, QIDX leads with 11.10% vs 5.34% for ABHY. On fees, QIDX is cheaper at 0.50% per year. On volatility, ABHY has been the lower-risk option at 0.98%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 1-year period, QIDX has performed better with a 11.10% return vs 5.34%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

QIDX is cheaper with a 0.50% expense ratio, compared with 0.63% for ABHY.

ABHY has the higher dividend yield at 5.20%, compared with 0.86% for QIDX.

QIDX is categorized as Mid Cap Blend Equities, while ABHY is Nontraditional Bonds. They also come from different issuers: Indexperts and Abacus. Their fees differ too: 0.50% for QIDX and 0.63% for ABHY.

ABHY currently has the higher Sharpe Ratio (1.54 vs 1.02), 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.

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