QIDX vs. CTEF

Last updated Jun 4, 2026

QIDX (Indexperts Quality Earnings Focused ETF) and CTEF (Castellan Targeted Equity ETF) are both Mid Cap Blend Equities funds. Both are actively managed. A 0.68 correlation means they provide meaningful diversification when combined. QIDX charges 0.50%/yr vs 0.45%/yr for CTEF.

Performance

QIDX vs. CTEF - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Indexperts Quality Earnings Focused ETF (QIDX) and Castellan Targeted Equity ETF (CTEF). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, QIDX achieves a 6.98% return, which is significantly lower than CTEF's 29.35% return.

QIDX

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

CTEF

• 1D: -0.41%
• 1M: 10.65%
• YTD: 29.35%
• 6M: 31.78%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

QIDX vs. CTEF - Yearly Performance Comparison

	2026 (YTD)	2025
QIDX Indexperts Quality Earnings Focused ETF	6.98%	5.58%
CTEF Castellan Targeted Equity ETF	29.35%	33.22%

Correlation

The correlation between QIDX and CTEF is 0.68, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jun 20, 2025	0.68

Return for Risk

QIDX vs. CTEF — Risk / Return Rank

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

QIDX

QIDX Risk / Return Rank: 31
QIDX Sharpe Ratio Rank: 29
QIDX Sortino Ratio Rank: 28
QIDX Omega Ratio Rank: 28
QIDX Calmar Ratio Rank: 33
QIDX Martin Ratio Rank: 35

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. CTEF - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Indexperts Quality Earnings Focused ETF (QIDX) and Castellan Targeted Equity ETF (CTEF). 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.

	QIDX	CTEF	Difference
Sharpe ratio Return per unit of total volatility	1.02	—	—
Sortino ratio Return per unit of downside risk	1.52	—	—
Omega ratio Gain probability vs. loss probability	1.18	—	—
Calmar ratio Return relative to maximum drawdown	1.61	—	—
Martin ratio Return relative to average drawdown	5.31	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	QIDX	CTEF	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.02	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.75	3.54	-2.79

Drawdowns

QIDX vs. CTEF - Drawdown Comparison

The maximum QIDX drawdown since its inception was -14.99%, roughly equal to the maximum CTEF drawdown of -15.00%. Use the drawdown chart below to compare losses from any high point for QIDX and CTEF.

Drawdown Indicators

	QIDX	CTEF	Difference
Max Drawdown Largest peak-to-trough decline	-14.99%	-15.00%	+0.01%
Max Drawdown (1Y) Largest decline over 1 year	-6.92%	—	—
Current Drawdown Current decline from peak	-0.44%	-0.41%	-0.03%
Average Drawdown Average peak-to-trough decline	-2.30%	-1.80%	-0.50%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.10%	—	—

Volatility

Volatility by Period

	QIDX	CTEF	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.87%	—	—
Volatility (6M) Calculated over the trailing 6-month period	8.31%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	10.98%	21.81%	-10.83%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.60%	21.81%	-7.21%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.60%	21.81%	-7.21%

QIDX vs. CTEF - Expense Ratio Comparison

QIDX has a 0.50% expense ratio, which is higher than CTEF's 0.45% expense ratio.

Dividends

QIDX vs. CTEF - Dividend Comparison

QIDX's dividend yield for the trailing twelve months is around 0.86%, more than CTEF's 0.06% yield.

Position	TTM	2025
CTEF Castellan Targeted Equity ETF	0.06%	0.08%
QIDX Indexperts Quality Earnings Focused ETF	0.86%	0.84%

Frequently Asked Questions

Can I hold both QIDX and CTEF in my portfolio?

QIDX and CTEF have a correlation of 0.68, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, QIDX or CTEF?

On fees, CTEF is cheaper at 0.45% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, QIDX or CTEF?

CTEF is cheaper with a 0.45% expense ratio, compared with 0.50% for QIDX.

Which ETF pays a higher dividend yield, QIDX or CTEF?

QIDX has the higher dividend yield at 0.86%, compared with 0.06% for CTEF.

What is the main difference between QIDX and CTEF?

They also come from different issuers: Indexperts and Castellan. Their fees differ too: 0.50% for QIDX and 0.45% for CTEF.