QMID vs. TEKX
QMID (WisdomTree U.S. MidCap Quality Growth Fund) and TEKX (SPDR Galaxy Transformative Tech Accelerators ETF) are both Mid Cap Growth Equities funds. QMID is passively managed, while TEKX is actively managed. Over the past year, QMID returned 13.12% vs 169.39% for TEKX. A 0.63 correlation means they provide meaningful diversification when combined. QMID charges 0.38%/yr vs 0.65%/yr for TEKX.
Performance
QMID vs. TEKX - Performance Comparison
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Returns By Period
In the year-to-date period, QMID achieves a 2.79% return, which is significantly lower than TEKX's 81.17% return.
QMID
- 1D
- -0.56%
- 1M
- 1.74%
- YTD
- 2.79%
- 6M
- 2.15%
- 1Y
- 13.12%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
TEKX
- 1D
- 0.11%
- 1M
- 38.43%
- YTD
- 81.17%
- 6M
- 70.98%
- 1Y
- 169.39%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
QMID vs. TEKX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
QMID WisdomTree U.S. MidCap Quality Growth Fund | 2.79% | 5.02% | 5.71% |
TEKX SPDR Galaxy Transformative Tech Accelerators ETF | 81.17% | 40.92% | 14.80% |
Correlation
The correlation between QMID and TEKX is 0.61, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.61 |
Correlation (All Time) Calculated using the full available price history since Sep 11, 2024 | 0.63 |
The correlation between QMID and TEKX has been stable across timeframes, ranging from 0.61 to 0.63 - a consistent structural relationship.
QMID vs. TEKX - Sectors Allocation Comparison
Sectors
QMID
TEKX
Industrials
Consumer Cyclical
Technology
Healthcare
-
Financial Services
Consumer Defensive
Energy
Communication Services
Basic Materials
Real Estate
-
-
Utilities
-
Industrials
QMID
TEKX
Consumer Cyclical
QMID
TEKX
Technology
QMID
TEKX
Healthcare
QMID
TEKX
-
Financial Services
QMID
TEKX
Consumer Defensive
QMID
TEKX
Energy
QMID
TEKX
Communication Services
QMID
TEKX
Basic Materials
QMID
TEKX
Real Estate
QMID
-
TEKX
-
Utilities
QMID
-
TEKX
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Return for Risk
QMID vs. TEKX — Risk / Return Rank
QMID
TEKX
QMID vs. TEKX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree U.S. MidCap Quality Growth Fund (QMID) and SPDR Galaxy Transformative Tech Accelerators ETF (TEKX). 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.
| QMID | TEKX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.88 | 4.55 | -3.67 |
Sortino ratioReturn per unit of downside risk | 1.37 | 4.70 | -3.33 |
Omega ratioGain probability vs. loss probability | 1.15 | 1.59 | -0.44 |
Calmar ratioReturn relative to maximum drawdown | 1.20 | 9.69 | -8.49 |
Martin ratioReturn relative to average drawdown | 4.13 | 32.07 | -27.94 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| QMID | TEKX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.88 | 4.55 | -3.67 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.40 | 1.96 | -1.56 |
Drawdowns
QMID vs. TEKX - Drawdown Comparison
The maximum QMID drawdown since its inception was -24.42%, smaller than the maximum TEKX drawdown of -45.57%. Use the drawdown chart below to compare losses from any high point for QMID and TEKX.
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Drawdown Indicators
| QMID | TEKX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -24.42% | -45.57% | +21.15% |
Max Drawdown (1Y)Largest decline over 1 year | -10.67% | -17.92% | +7.25% |
Current DrawdownCurrent decline from peak | -1.46% | 0.00% | -1.46% |
Average DrawdownAverage peak-to-trough decline | -5.49% | -10.32% | +4.83% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.12% | 5.42% | -2.30% |
Volatility
QMID vs. TEKX - Volatility Comparison
The current volatility for WisdomTree U.S. MidCap Quality Growth Fund (QMID) is 3.77%, while SPDR Galaxy Transformative Tech Accelerators ETF (TEKX) has a volatility of 10.39%. This indicates that QMID experiences smaller price fluctuations and is considered to be less risky than TEKX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| QMID | TEKX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.77% | 10.39% | -6.62% |
Volatility (6M)Calculated over the trailing 6-month period | 10.47% | 29.75% | -19.28% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.97% | 37.51% | -22.54% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.53% | 44.55% | -26.02% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.53% | 44.55% | -26.02% |
QMID vs. TEKX - Expense Ratio Comparison
QMID has a 0.38% expense ratio, which is lower than TEKX's 0.65% expense ratio.
Dividends
QMID vs. TEKX - Dividend Comparison
QMID's dividend yield for the trailing twelve months is around 0.50%, more than TEKX's 0.20% yield.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
QMID WisdomTree U.S. MidCap Quality Growth Fund | 0.50% | 0.51% | 1.16% |
TEKX SPDR Galaxy Transformative Tech Accelerators ETF | 0.20% | 0.36% | 3.47% |
Frequently Asked Questions
QMID and TEKX have a correlation of 0.61, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
TEKX has higher volatility (10.39%) compared to QMID (3.77%). In terms of maximum drawdown, QMID dropped -24.42% vs TEKX's -45.57%.
On 1-year performance, TEKX leads with 169.39% vs 13.12% for QMID. On fees, QMID is cheaper at 0.38% per year. On volatility, QMID has been the lower-risk option at 3.77%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, TEKX has performed better with a 169.39% return vs 13.12%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
QMID is cheaper with a 0.38% expense ratio, compared with 0.65% for TEKX.
QMID has the higher dividend yield at 0.50%, compared with 0.20% for TEKX.
They also come from different issuers: WisdomTree and State Street Global Advisors. Their fees differ too: 0.38% for QMID and 0.65% for TEKX.
TEKX currently has the higher Sharpe Ratio (4.55 vs 0.88), 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.
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