QRE.AX vs. CORE.AX
QRE.AX (BetaShares Australian Resources Sector ETF) and CORE.AX (Schroder Global Core Fund - Active ETF) are both Global Equities funds. QRE.AX is passively managed, while CORE.AX is actively managed. Over the past year, QRE.AX returned 38.79% vs 15.14% for CORE.AX. At a 0.13 correlation, their price movements are largely independent.
Performance
QRE.AX vs. CORE.AX - Performance Comparison
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Returns By Period
In the year-to-date period, QRE.AX achieves a 9.17% return, which is significantly higher than CORE.AX's 4.95% return.
QRE.AX
- 1D
- -1.35%
- 1M
- -10.36%
- 6M
- 5.00%
- YTD
- 9.17%
- 1Y
- 38.79%
- 3Y*
- 8.81%
- 5Y*
- 7.98%
- 10Y*
- 12.85%
CORE.AX
- 1D
- -0.25%
- 1M
- 0.93%
- 6M
- 4.67%
- YTD
- 4.95%
- 1Y
- 15.14%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
QRE.AX vs. CORE.AX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
QRE.AX BetaShares Australian Resources Sector ETF | 9.17% | 30.96% |
CORE.AX Schroder Global Core Fund - Active ETF | 4.95% | 12.78% |
Correlation
The correlation between QRE.AX and CORE.AX is 0.15, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.15 |
Correlation (All Time) Calculated using the full available price history since Jun 4, 2025 | 0.13 |
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Return for Risk
QRE.AX vs. CORE.AX — Risk / Return Rank
QRE.AX
CORE.AX
QRE.AX vs. CORE.AX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BetaShares Australian Resources Sector ETF (QRE.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.
| QRE.AX | CORE.AX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.25 | ||
| Sortino ratioReturn per unit of downside risk | +0.13 | ||
| Omega ratioGain probability vs. loss probability | 1.28 | 1.28 | -0.01 |
| Calmar ratioReturn relative to maximum drawdown | 2.34 | 1.68 | +0.65 |
| Martin ratioReturn relative to average drawdown | 7.45 | 4.54 | +2.91 |
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Drawdowns
QRE.AX vs. CORE.AX - Drawdown Comparison
The maximum QRE.AX drawdown since its inception was -66.46%, 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 QRE.AX and CORE.AX.
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Drawdown Indicators
| QRE.AX | CORE.AX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -66.46% | -10.20% | -56.26% |
Max Drawdown (1Y)Largest decline over 1 year | -16.60% | -10.20% | -6.40% |
Max Drawdown (3Y)Largest decline over 3 years | -26.12% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -26.12% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -36.43% | — | — |
Current DrawdownCurrent decline from peak | -11.84% | -1.34% | -10.50% |
Average DrawdownAverage peak-to-trough decline | -23.11% | -2.60% | -20.51% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.26% | — | — |
Volatility
QRE.AX vs. CORE.AX - Volatility Comparison
BetaShares Australian Resources Sector ETF (QRE.AX) has a higher volatility of 6.96% compared to Schroder Global Core Fund - Active ETF (CORE.AX) at 2.12%. This indicates that QRE.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
| QRE.AX | CORE.AX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.96% | 2.12% | +4.84% |
Volatility (6M)Calculated over the trailing 6-month period | 20.02% | 7.39% | +12.63% |
Volatility (1Y)Calculated over the trailing 1-year period | 23.77% | 12.44% | +11.33% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.53% | 12.50% | +10.03% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.38% | 12.50% | +9.88% |
Dividends
QRE.AX vs. CORE.AX - Dividend Comparison
QRE.AX's dividend yield for the trailing twelve months is around 1.26%, more than CORE.AX's 0.68% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CORE.AX Schroder Global Core Fund - Active ETF | 0.68% | 0.55% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
QRE.AX BetaShares Australian Resources Sector ETF | 1.26% | 2.47% | 1.89% | 2.56% | 10.86% | 3.38% | 1.96% | 6.63% | 0.95% | 1.01% | 0.84% | 3.07% |
Frequently Asked Questions
QRE.AX and CORE.AX have a correlation of 0.15, 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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