QLTY vs. QIDX

Last updated Aug 2, 2026

QLTY (GMO U.S. Quality ETF) and QIDX (Indexperts Quality Earnings Focused ETF) are both Quality Factor funds. QLTY is passively managed, while QIDX is actively managed. Over the past year, QLTY returned 25.15% vs 14.22% for QIDX. Their 0.79 correlation means they have sometimes moved together and sometimes differently. Both charge a 0.50% expense ratio.

Performance

QLTY vs. QIDX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in GMO U.S. Quality ETF (QLTY) and Indexperts Quality Earnings Focused ETF (QIDX). 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 QIDX's 10.40% return.

QLTY

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

QIDX

• 1D: 0.55%
• 1M: 0.29%
• 6M: 6.42%
• YTD: 10.40%
• 1Y: 14.22%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 10.90%

*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)
QIDX Indexperts Quality Earnings Focused ETF	$53.70K	$62.72K	$42.16K
QLTY GMO U.S. Quality ETF	$14.32M	$16.07M	$19.07M

QLTY vs. QIDX - Yearly Performance Comparison

	2026 (YTD)	2025
QLTY GMO U.S. Quality ETF	9.02%	21.26%
QIDX Indexperts Quality Earnings Focused ETF	10.40%	6.60%

Correlation

The correlation between QLTY and QIDX is 0.77, 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.	0.77
Correlation (All Time) Calculated using the full available price history since Jan 2, 2025	0.79

The correlation between QLTY and QIDX has been stable across timeframes, ranging from 0.77 to 0.79 - a consistent structural relationship.

Return for Risk

QLTY vs. QIDX — 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

QIDX

QIDX Risk / Return Rank: 49
QIDX Sharpe Ratio Rank: 48
QIDX Sortino Ratio Rank: 49
QIDX Omega Ratio Rank: 45
QIDX Calmar Ratio Rank: 53
QIDX Martin Ratio Rank: 53

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. QIDX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for GMO U.S. Quality ETF (QLTY) and Indexperts Quality Earnings Focused ETF (QIDX). 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	QIDX	Difference
Sharpe ratio: Return per unit of total volatility	1.86	1.20	+0.66
Sortino ratio: Return per unit of downside risk	2.62	1.78	+0.84
Omega ratio: Gain probability vs. loss probability	1.33	1.21	+0.12
Calmar ratio: Return relative to maximum drawdown	2.01	1.90	+0.11
Martin ratio: Return relative to average drawdown	8.13	6.38	+1.76

QLTY vs. QIDX - Sharpe Ratio Comparison

The current QLTY Sharpe Ratio is 1.86, which is higher than the QIDX Sharpe Ratio of 1.20. The chart below compares the historical Sharpe Ratios of QLTY and QIDX, 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. QIDX - Drawdown Comparison

The maximum QLTY drawdown since its inception was -17.00%, which is greater than QIDX's maximum drawdown of -14.99%. Use the drawdown chart below to compare losses from any high point for QLTY and QIDX.

Drawdown Indicators

	QLTY	QIDX	Difference
Max Drawdown Largest peak-to-trough decline	-17.00%	-14.99%	-2.01%
Max Drawdown (1Y) Largest decline over 1 year	-11.71%	-6.92%	-4.79%
Current Drawdown Current decline from peak	-0.41%	-0.44%	+0.03%
Average Drawdown Average peak-to-trough decline	-2.00%	-2.13%	+0.13%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.90%	2.06%	+0.84%

Volatility

QLTY vs. QIDX - Volatility Comparison

GMO U.S. Quality ETF (QLTY) has a higher volatility of 2.90% compared to Indexperts Quality Earnings Focused ETF (QIDX) at 2.55%. This indicates that QLTY's price experiences larger fluctuations and is considered to be riskier than QIDX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	QLTY	QIDX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.90%	2.55%	+0.35%
Volatility (6M) Calculated over the trailing 6-month period	9.63%	8.24%	+1.39%
Volatility (1Y) Calculated over the trailing 1-year period	12.76%	11.02%	+1.74%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.52%	14.20%	+0.32%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.52%	14.20%	+0.32%

QLTY vs. QIDX - Expense Ratio Comparison

Both QLTY and QIDX have an expense ratio of 0.50%.

Dividends

QLTY vs. QIDX - Dividend Comparison

QLTY's dividend yield for the trailing twelve months is around 0.72%, less than QIDX's 0.86% yield.

Position	TTM	2025	2024	2023
QIDX Indexperts Quality Earnings Focused ETF	0.86%	0.84%	0.00%	0.00%
QLTY GMO U.S. Quality ETF	0.72%	0.73%	0.79%	0.15%

Frequently Asked Questions

Can I hold both QLTY and QIDX in my portfolio?

QLTY and QIDX have a correlation of 0.77, 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 QIDX?

QLTY has higher volatility (2.90%) compared to QIDX (2.55%). In terms of maximum drawdown, QLTY dropped -17.00% vs QIDX's -14.99%.

Which ETF is better, QLTY or QIDX?

On 1-year performance, QLTY leads with 25.15% vs 14.22% for QIDX. Both ETFs have the same 0.50% expense ratio. On volatility, QIDX has been the lower-risk option at 2.55%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, QLTY or QIDX?

Over the 1-year period, QLTY has performed better with a 25.15% return vs 14.22%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, QLTY or QIDX?

QLTY and QIDX have the same expense ratio: 0.50% per year.

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

QIDX has the higher dividend yield at 0.86%, compared with 0.72% for QLTY.

What is the main difference between QLTY and QIDX?

They also come from different issuers: GMO and Indexperts.

Which has better risk-adjusted returns?

QLTY currently has the higher Sharpe Ratio (1.86 vs 1.20), 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.