QTPI vs. EVPF

Last updated Jun 4, 2026

QTPI (North Square RCIM Tax-Advantaged Preferred and Income Securities ETF) and EVPF (Eaton Vance Preferred Securities and Income ETF) are both Preferred Stock/Convertible Bonds funds. Both are actively managed. A 0.57 correlation means they provide meaningful diversification when combined. QTPI charges 0.60%/yr vs 0.39%/yr for EVPF.

Performance

QTPI vs. EVPF - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in North Square RCIM Tax-Advantaged Preferred and Income Securities ETF (QTPI) and Eaton Vance Preferred Securities and Income ETF (EVPF). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

QTPI

• 1D: -0.59%
• 1M: 0.10%
• YTD: 0.84%
• 6M: 1.41%
• 1Y: 5.09%
• 3Y*: —
• 5Y*: —
• 10Y*: —

EVPF

• 1D: 0.00%
• 1M: 0.75%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

QTPI vs. EVPF - Yearly Performance Comparison

	2026 (YTD)
QTPI North Square RCIM Tax-Advantaged Preferred and Income Securities ETF	0.04%
EVPF Eaton Vance Preferred Securities and Income ETF	1.16%

Correlation

The correlation between QTPI and EVPF is 0.57, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Mar 6, 2026	0.57

Return for Risk

QTPI vs. EVPF — Risk / Return Rank

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

QTPI

QTPI Risk / Return Rank: 42
QTPI Sharpe Ratio Rank: 35
QTPI Sortino Ratio Rank: 34
QTPI Omega Ratio Rank: 33
QTPI Calmar Ratio Rank: 50
QTPI Martin Ratio Rank: 57

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.

QTPI vs. EVPF - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for North Square RCIM Tax-Advantaged Preferred and Income Securities ETF (QTPI) and Eaton Vance Preferred Securities and Income ETF (EVPF). 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.

	QTPI	EVPF	Difference
Sharpe ratio: Return per unit of total volatility	1.23	—	—
Sortino ratio: Return per unit of downside risk	1.80	—	—
Omega ratio: Gain probability vs. loss probability	1.22	—	—
Calmar ratio: Return relative to maximum drawdown	2.42	—	—
Martin ratio: Return relative to average drawdown	9.97	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	QTPI	EVPF	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.23	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.19	1.13	+0.07

Drawdowns

QTPI vs. EVPF - Drawdown Comparison

The maximum QTPI drawdown since its inception was -4.08%, which is greater than EVPF's maximum drawdown of -2.36%. Use the drawdown chart below to compare losses from any high point for QTPI and EVPF.

Drawdown Indicators

	QTPI	EVPF	Difference
Max Drawdown Largest peak-to-trough decline	-4.08%	-2.36%	-1.72%
Max Drawdown (1Y) Largest decline over 1 year	-2.11%	—	—
Current Drawdown Current decline from peak	-0.68%	-0.17%	-0.51%
Average Drawdown Average peak-to-trough decline	-0.40%	-0.52%	+0.12%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.52%	—	—

Volatility

Volatility by Period

	QTPI	EVPF	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.42%	—	—
Volatility (6M) Calculated over the trailing 6-month period	3.19%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	4.55%	4.31%	+0.24%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	4.98%	4.31%	+0.67%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	4.98%	4.31%	+0.67%

QTPI vs. EVPF - Expense Ratio Comparison

QTPI has a 0.60% expense ratio, which is higher than EVPF's 0.39% expense ratio.

Dividends

QTPI vs. EVPF - Dividend Comparison

QTPI's dividend yield for the trailing twelve months is around 4.44%, more than EVPF's 1.08% yield.

Position	TTM	2025	2024
EVPF Eaton Vance Preferred Securities and Income ETF	1.08%	0.00%	0.00%
QTPI North Square RCIM Tax-Advantaged Preferred and Income Securities ETF	4.44%	4.58%	0.10%

Frequently Asked Questions

Can I hold both QTPI and EVPF in my portfolio?

QTPI and EVPF have a correlation of 0.57, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, QTPI or EVPF?

On fees, EVPF is cheaper at 0.39% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, QTPI or EVPF?

EVPF is cheaper with a 0.39% expense ratio, compared with 0.60% for QTPI.

Which ETF pays a higher dividend yield, QTPI or EVPF?

QTPI has the higher dividend yield at 4.44%, compared with 1.08% for EVPF.

What is the main difference between QTPI and EVPF?

They also come from different issuers: North Square and Eaton Vance. Their fees differ too: 0.60% for QTPI and 0.39% for EVPF.