QLTY vs. GQI

Last updated Aug 2, 2026

QLTY (GMO U.S. Quality ETF) and GQI (Natixis Gateway Quality Income ETF) are both Quality Factor funds. QLTY is passively managed, while GQI is actively managed. Over the past year, QLTY returned 25.15% vs 22.33% for GQI. Their correlation of 0.85 means they have usually moved in the same direction. QLTY charges 0.50%/yr vs 0.34%/yr for GQI.

Performance

QLTY vs. GQI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in GMO U.S. Quality ETF (QLTY) and Natixis Gateway Quality Income ETF (GQI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, QLTY achieves a 9.02% return, which is significantly lower than GQI's 9.82% return.

QLTY

• 1D: 0.70%
• 1M: 0.19%
• 6M: 6.82%
• YTD: 9.02%
• 1Y: 25.15%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 21.22%

GQI

• 1D: 0.91%
• 1M: 1.51%
• 6M: 7.93%
• YTD: 9.82%
• 1Y: 22.33%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 16.45%

*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)
GQI Natixis Gateway Quality Income ETF	$866.96K	$1.04M	$2.05M
QLTY GMO U.S. Quality ETF	$14.32M	$16.07M	$19.07M

QLTY vs. GQI - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
QLTY GMO U.S. Quality ETF	9.02%	21.26%	21.02%	2.52%
GQI Natixis Gateway Quality Income ETF	9.82%	15.36%	15.99%	1.60%

Correlation

The correlation between QLTY and GQI is 0.83, meaning they have usually moved in the same direction, including during past declines.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.83
Correlation (All Time) Calculated using the full available price history since Dec 13, 2023	0.85

The correlation between QLTY and GQI has been stable across timeframes, ranging from 0.83 to 0.85 - a consistent structural relationship.

QLTY vs. GQI - Sectors Allocation Comparison

Sectors	QLTY	GQI
Technology	39.6%	37.9%
Healthcare	22.6%	10.9%
Communication Services	11.0%	10.3%
Financial Services	8.1%	9.9%
Consumer Defensive	7.3%	6.1%
Consumer Cyclical	7.0%	11.0%
Industrials	4.5%	8.3%
Basic Materials	-	0.7%
Energy	-	3.9%
Real Estate	-	0.4%
Utilities	-	0.6%

Return for Risk

QLTY vs. GQI — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

QLTY

QLTY Risk / Return Rank: 73
QLTY Sharpe Ratio Rank: 81
QLTY Sortino Ratio Rank: 81
QLTY Omega Ratio Rank: 78
QLTY Calmar Ratio Rank: 57
QLTY Martin Ratio Rank: 67

GQI

GQI Risk / Return Rank: 86
GQI Sharpe Ratio Rank: 87
GQI Sortino Ratio Rank: 87
GQI Omega Ratio Rank: 86
GQI Calmar Ratio Rank: 81
GQI Martin Ratio Rank: 91

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.

QLTY vs. GQI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for GMO U.S. Quality ETF (QLTY) and Natixis Gateway Quality Income ETF (GQI). 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	GQI	Difference
Sharpe ratio: Return per unit of total volatility	1.86	2.07	-0.22
Sortino ratio: Return per unit of downside risk	2.62	2.92	-0.30
Omega ratio: Gain probability vs. loss probability	1.33	1.38	-0.05
Calmar ratio: Return relative to maximum drawdown	2.01	2.98	-0.96
Martin ratio: Return relative to average drawdown	8.13	15.46	-7.33

QLTY vs. GQI - Sharpe Ratio Comparison

The current QLTY Sharpe Ratio is 1.86, which is comparable to the GQI Sharpe Ratio of 2.07. The chart below compares the historical Sharpe Ratios of QLTY and GQI, 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

QLTY vs. GQI - Drawdown Comparison

The maximum QLTY drawdown since its inception was -17.00%, roughly equal to the maximum GQI drawdown of -16.56%. Use the drawdown chart below to compare losses from any high point for QLTY and GQI.

Drawdown Indicators

	QLTY	GQI	Difference
Max Drawdown Largest peak-to-trough decline	-17.00%	-16.56%	-0.44%
Max Drawdown (1Y) Largest decline over 1 year	-11.71%	-6.96%	-4.75%
Current Drawdown Current decline from peak	-0.41%	-0.12%	-0.29%
Average Drawdown Average peak-to-trough decline	-2.00%	-1.62%	-0.38%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.90%	1.34%	+1.56%

Volatility

QLTY vs. GQI - Volatility Comparison

GMO U.S. Quality ETF (QLTY) has a higher volatility of 2.90% compared to Natixis Gateway Quality Income ETF (GQI) at 2.49%. This indicates that QLTY's price experiences larger fluctuations and is considered to be riskier than GQI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	QLTY	GQI	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.90%	2.49%	+0.41%
Volatility (6M) Calculated over the trailing 6-month period	9.63%	7.65%	+1.98%
Volatility (1Y) Calculated over the trailing 1-year period	12.76%	9.99%	+2.77%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.52%	13.01%	+1.51%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.52%	13.01%	+1.51%

QLTY vs. GQI - Expense Ratio Comparison

QLTY has a 0.50% expense ratio, which is higher than GQI's 0.34% expense ratio.

Dividends

QLTY vs. GQI - Dividend Comparison

QLTY's dividend yield for the trailing twelve months is around 0.72%, less than GQI's 8.53% yield.

Position	TTM	2025	2024	2023
GQI Natixis Gateway Quality Income ETF	7.83%	8.97%	7.77%	0.31%
QLTY GMO U.S. Quality ETF	0.72%	0.73%	0.79%	0.15%

Frequently Asked Questions

Can I hold both QLTY and GQI in my portfolio?

QLTY and GQI have a correlation of 0.83, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, QLTY or GQI?

QLTY has higher volatility (2.90%) compared to GQI (2.49%). In terms of maximum drawdown, QLTY dropped -17.00% vs GQI's -16.56%.

Which ETF is better, QLTY or GQI?

On 1-year performance, QLTY leads with 25.15% vs 22.33% for GQI. On fees, GQI is cheaper at 0.34% per year. On volatility, GQI has been the lower-risk option at 2.49%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, QLTY or GQI?

Over the 1-year period, QLTY has performed better with a 25.15% return vs 22.33%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, QLTY or GQI?

GQI is cheaper with a 0.34% expense ratio, compared with 0.50% for QLTY.

Which ETF pays a higher dividend yield, QLTY or GQI?

GQI has the higher dividend yield at 7.83%, compared with 0.72% for QLTY.

What is the main difference between QLTY and GQI?

They also come from different issuers: GMO and Natixis. Their fees differ too: 0.50% for QLTY and 0.34% for GQI.

Which has better risk-adjusted returns?

GQI currently has the higher Sharpe Ratio (2.07 vs 1.86), 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.