QLTY.AX vs. CORE.AX
QLTY.AX (BetaShares Global Quality Leaders ETF) and CORE.AX (Schroder Global Core Fund - Active ETF) are both Global Equities funds. QLTY.AX is passively managed, while CORE.AX is actively managed. Over the past year, QLTY.AX returned 6.33% vs 15.14% for CORE.AX. At a 0.46 correlation, their price movements are largely independent.
Performance
QLTY.AX vs. CORE.AX - Performance Comparison
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Returns By Period
In the year-to-date period, QLTY.AX achieves a 1.90% return, which is significantly lower than CORE.AX's 4.95% return.
QLTY.AX
- 1D
- -0.88%
- 1M
- -0.19%
- 6M
- -0.07%
- YTD
- 1.90%
- 1Y
- 6.33%
- 3Y*
- 13.83%
- 5Y*
- 9.16%
- 10Y*
- —
CORE.AX
- 1D
- -0.25%
- 1M
- 0.93%
- 6M
- 4.67%
- YTD
- 4.95%
- 1Y
- 15.14%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
QLTY.AX vs. CORE.AX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
QLTY.AX BetaShares Global Quality Leaders ETF | 1.90% | 5.14% |
CORE.AX Schroder Global Core Fund - Active ETF | 4.95% | 12.78% |
Correlation
The correlation between QLTY.AX and CORE.AX is 0.47, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.47 |
Correlation (All Time) Calculated using the full available price history since Jun 4, 2025 | 0.46 |
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Return for Risk
QLTY.AX vs. CORE.AX — Risk / Return Rank
QLTY.AX
CORE.AX
QLTY.AX vs. CORE.AX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BetaShares Global Quality Leaders ETF (QLTY.AX) and Schroder Global Core Fund - Active ETF (CORE.AX). 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.
| QLTY.AX | CORE.AX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.79 | ||
| Sortino ratioReturn per unit of downside risk | -1.12 | ||
| Omega ratioGain probability vs. loss probability | 1.11 | 1.28 | -0.17 |
| Calmar ratioReturn relative to maximum drawdown | 0.57 | 1.68 | -1.11 |
| Martin ratioReturn relative to average drawdown | 1.40 | 4.54 | -3.14 |
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Drawdowns
QLTY.AX vs. CORE.AX - Drawdown Comparison
The maximum QLTY.AX drawdown since its inception was -27.94%, which is greater than CORE.AX's maximum drawdown of -10.20%. Use the drawdown chart below to compare losses from any high point for QLTY.AX and CORE.AX.
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Drawdown Indicators
| QLTY.AX | CORE.AX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -27.94% | -10.20% | -17.74% |
Max Drawdown (1Y)Largest decline over 1 year | -12.41% | -10.20% | -2.21% |
Max Drawdown (3Y)Largest decline over 3 years | -14.17% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -27.94% | — | — |
Current DrawdownCurrent decline from peak | -2.10% | -1.34% | -0.76% |
Average DrawdownAverage peak-to-trough decline | -5.56% | -2.60% | -2.96% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.14% | — | — |
Volatility
QLTY.AX vs. CORE.AX - Volatility Comparison
BetaShares Global Quality Leaders ETF (QLTY.AX) has a higher volatility of 3.50% compared to Schroder Global Core Fund - Active ETF (CORE.AX) at 2.12%. This indicates that QLTY.AX's price experiences larger fluctuations and is considered to be riskier than CORE.AX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| QLTY.AX | CORE.AX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.50% | 2.12% | +1.38% |
Volatility (6M)Calculated over the trailing 6-month period | 9.68% | 7.39% | +2.29% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.01% | 12.44% | -0.43% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.28% | 12.50% | +1.78% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.94% | 12.50% | +2.44% |
Dividends
QLTY.AX vs. CORE.AX - Dividend Comparison
QLTY.AX's dividend yield for the trailing twelve months is around 3.15%, more than CORE.AX's 0.68% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
CORE.AX Schroder Global Core Fund - Active ETF | 0.68% | 0.55% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
QLTY.AX BetaShares Global Quality Leaders ETF | 3.15% | 2.30% | 2.86% | 0.66% | 0.80% | 4.34% | 2.31% | 1.73% |
Frequently Asked Questions
QLTY.AX and CORE.AX have a correlation of 0.47, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
They also come from different issuers: BetaShares and Schroder.
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