QUAL.AX vs. CORE.AX
QUAL.AX (Vaneck Msci International Quality Etf) and CORE.AX (Schroder Global Core Fund - Active ETF) are both Global Equities funds. QUAL.AX is passively managed, while CORE.AX is actively managed. Over the past year, QUAL.AX returned 12.10% vs 15.14% for CORE.AX. A 0.61 correlation means they provide meaningful diversification when combined.
Performance
QUAL.AX vs. CORE.AX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, QUAL.AX achieves a 4.12% return, which is significantly lower than CORE.AX's 4.95% return.
QUAL.AX
- 1D
- 0.14%
- 1M
- 2.01%
- 6M
- 2.38%
- YTD
- 4.12%
- 1Y
- 12.10%
- 3Y*
- 16.36%
- 5Y*
- 12.11%
- 10Y*
- 15.31%
CORE.AX
- 1D
- -0.25%
- 1M
- 0.93%
- 6M
- 4.67%
- YTD
- 4.95%
- 1Y
- 15.14%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
QUAL.AX vs. CORE.AX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
QUAL.AX Vaneck Msci International Quality Etf | 4.12% | 10.21% |
CORE.AX Schroder Global Core Fund - Active ETF | 4.95% | 12.78% |
Correlation
The correlation between QUAL.AX and CORE.AX is 0.64, 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 | 0.64 |
Correlation (All Time) Calculated using the full available price history since Jun 4, 2025 | 0.61 |
The correlation between QUAL.AX and CORE.AX has been stable across timeframes, ranging from 0.61 to 0.64 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
QUAL.AX vs. CORE.AX — Risk / Return Rank
QUAL.AX
CORE.AX
QUAL.AX vs. CORE.AX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vaneck Msci International Quality Etf (QUAL.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.
| QUAL.AX | CORE.AX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.15 | ||
| Sortino ratioReturn per unit of downside risk | -0.20 | ||
| Omega ratioGain probability vs. loss probability | 1.23 | 1.28 | -0.06 |
| Calmar ratioReturn relative to maximum drawdown | 1.17 | 1.68 | -0.51 |
| Martin ratioReturn relative to average drawdown | 3.51 | 4.54 | -1.03 |
Loading charts...
Drawdowns
QUAL.AX vs. CORE.AX - Drawdown Comparison
The maximum QUAL.AX drawdown since its inception was -24.52%, 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 QUAL.AX and CORE.AX.
Loading charts...
Drawdown Indicators
| QUAL.AX | CORE.AX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -24.52% | -10.20% | -14.32% |
Max Drawdown (1Y)Largest decline over 1 year | -10.55% | -10.20% | -0.35% |
Max Drawdown (3Y)Largest decline over 3 years | -14.65% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -24.52% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -24.52% | — | — |
Current DrawdownCurrent decline from peak | -0.87% | -1.34% | +0.47% |
Average DrawdownAverage peak-to-trough decline | -4.33% | -2.60% | -1.73% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.56% | — | — |
Volatility
QUAL.AX vs. CORE.AX - Volatility Comparison
Vaneck Msci International Quality Etf (QUAL.AX) has a higher volatility of 2.52% compared to Schroder Global Core Fund - Active ETF (CORE.AX) at 2.12%. This indicates that QUAL.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.
Loading charts...
Volatility by Period
| QUAL.AX | CORE.AX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.52% | 2.12% | +0.40% |
Volatility (6M)Calculated over the trailing 6-month period | 7.96% | 7.39% | +0.57% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.03% | 12.44% | -2.41% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.94% | 12.50% | +1.44% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.50% | 12.50% | +2.00% |
Dividends
QUAL.AX vs. CORE.AX - Dividend Comparison
QUAL.AX's dividend yield for the trailing twelve months is around 3.47%, 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% |
QUAL.AX Vaneck Msci International Quality Etf | 3.47% | 1.99% | 4.51% | 1.06% | 1.10% | 0.86% | 1.05% | 1.35% | 1.86% | 2.90% | 2.16% | 1.69% |
Frequently Asked Questions
QUAL.AX and CORE.AX have a correlation of 0.64, 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: VanEck and Schroder.
Find the right allocation for QUAL.AX and CORE.AX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer