QMID vs. KMID

Last updated Jun 24, 2026

QMID (WisdomTree U.S. MidCap Quality Growth Fund) and KMID (Virtus KAR Mid-Cap ETF) are both Mid Cap Growth Equities funds. QMID is passively managed, while KMID is actively managed. Over the past year, QMID returned 9.00% vs -0.30% for KMID. Their correlation of 0.84 suggests significant overlap in exposure. QMID charges 0.38%/yr vs 0.80%/yr for KMID.

Performance

QMID vs. KMID - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WisdomTree U.S. MidCap Quality Growth Fund (QMID) and Virtus KAR Mid-Cap ETF (KMID). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, QMID achieves a 1.24% return, which is significantly higher than KMID's 0.87% return.

QMID

• 1D: -0.29%
• 1M: 0.74%
• YTD: 1.24%
• 6M: -1.04%
• 1Y: 9.00%
• 3Y*: —
• 5Y*: —
• 10Y*: —

KMID

• 1D: -1.17%
• 1M: -0.06%
• YTD: 0.87%
• 6M: -0.56%
• 1Y: -0.30%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

QMID vs. KMID - Yearly Performance Comparison

	2026 (YTD)	2025	2024
QMID WisdomTree U.S. MidCap Quality Growth Fund	1.24%	5.02%	-2.01%
KMID Virtus KAR Mid-Cap ETF	0.87%	0.31%	-3.02%

Correlation

The correlation between QMID and KMID is 0.83, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.83
Correlation (All Time) Calculated using the full available price history since Oct 16, 2024	0.84

The correlation between QMID and KMID has been stable across timeframes, ranging from 0.83 to 0.84 - a consistent structural relationship.

QMID vs. KMID - Sectors Allocation Comparison

Sectors	QMID	KMID
Industrials	25.0%	52.2%
Consumer Cyclical	15.9%	8.7%
Technology	15.8%	15.8%
Healthcare	14.1%	11.5%
Financial Services	12.0%	11.8%
Consumer Defensive	7.5%	-
Energy	3.2%	-
Communication Services	3.2%	-
Basic Materials	2.2%	-
Real Estate	-	-
Utilities	-	-

Return for Risk

QMID vs. KMID — Risk / Return Rank

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

QMID

QMID Risk / Return Rank: 19
QMID Sharpe Ratio Rank: 19
QMID Sortino Ratio Rank: 19
QMID Omega Ratio Rank: 17
QMID Calmar Ratio Rank: 20
QMID Martin Ratio Rank: 24

KMID

KMID Risk / Return Rank: 8
KMID Sharpe Ratio Rank: 9
KMID Sortino Ratio Rank: 8
KMID Omega Ratio Rank: 8
KMID Calmar Ratio Rank: 9
KMID Martin Ratio Rank: 9

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.

QMID vs. KMID - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree U.S. MidCap Quality Growth Fund (QMID) and Virtus KAR Mid-Cap ETF (KMID). 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.

	QMID	KMID	Difference
Sharpe ratio: Return per unit of total volatility	0.60	-0.02	+0.62
Sortino ratio: Return per unit of downside risk	0.97	0.08	+0.89
Omega ratio: Gain probability vs. loss probability	1.11	1.01	+0.10
Calmar ratio: Return relative to maximum drawdown	0.85	-0.03	+0.88
Martin ratio: Return relative to average drawdown	2.85	-0.07	+2.92

QMID vs. KMID - Sharpe Ratio Comparison

The current QMID Sharpe Ratio is 0.60, which is higher than the KMID Sharpe Ratio of -0.02. The chart below compares the historical Sharpe Ratios of QMID and KMID, 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

QMID vs. KMID - Drawdown Comparison

The maximum QMID drawdown since its inception was -24.42%, which is greater than KMID's maximum drawdown of -18.89%. Use the drawdown chart below to compare losses from any high point for QMID and KMID.

Drawdown Indicators

	QMID	KMID	Difference
Max Drawdown Largest peak-to-trough decline	-24.42%	-18.89%	-5.53%
Max Drawdown (1Y) Largest decline over 1 year	-10.67%	-10.71%	+0.04%
Current Drawdown Current decline from peak	-2.94%	-6.21%	+3.27%
Average Drawdown Average peak-to-trough decline	-5.41%	-5.74%	+0.33%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.16%	4.36%	-1.20%

Volatility

QMID vs. KMID - Volatility Comparison

The current volatility for WisdomTree U.S. MidCap Quality Growth Fund (QMID) is 3.95%, while Virtus KAR Mid-Cap ETF (KMID) has a volatility of 5.05%. This indicates that QMID experiences smaller price fluctuations and is considered to be less risky than KMID based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	QMID	KMID	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.95%	5.05%	-1.10%
Volatility (6M) Calculated over the trailing 6-month period	10.77%	11.71%	-0.94%
Volatility (1Y) Calculated over the trailing 1-year period	15.14%	14.88%	+0.26%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.43%	16.99%	+1.44%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.43%	16.99%	+1.44%

QMID vs. KMID - Expense Ratio Comparison

QMID has a 0.38% expense ratio, which is lower than KMID's 0.80% expense ratio.

Dividends

QMID vs. KMID - Dividend Comparison

QMID's dividend yield for the trailing twelve months is around 0.51%, more than KMID's 0.12% yield.

Position	TTM	2025	2024
KMID Virtus KAR Mid-Cap ETF	0.12%	0.06%	0.05%
QMID WisdomTree U.S. MidCap Quality Growth Fund	0.51%	0.51%	1.16%

Frequently Asked Questions

Can I hold both QMID and KMID in my portfolio?

QMID and KMID 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, QMID or KMID?

KMID has higher volatility (5.05%) compared to QMID (3.95%). In terms of maximum drawdown, QMID dropped -24.42% vs KMID's -18.89%.

Which ETF is better, QMID or KMID?

On 1-year performance, QMID leads with 9.00% vs -0.30% for KMID. On fees, QMID is cheaper at 0.38% per year. On volatility, QMID has been the lower-risk option at 3.95%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, QMID or KMID?

Over the 1-year period, QMID has performed better with a 9.00% return vs -0.30%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, QMID or KMID?

QMID is cheaper with a 0.38% expense ratio, compared with 0.80% for KMID.

Which ETF pays a higher dividend yield, QMID or KMID?

QMID has the higher dividend yield at 0.51%, compared with 0.12% for KMID.

What is the main difference between QMID and KMID?

They also come from different issuers: WisdomTree and Virtus. Their fees differ too: 0.38% for QMID and 0.80% for KMID.

Which has better risk-adjusted returns?

QMID currently has the higher Sharpe Ratio (0.60 vs -0.02), 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.