TCV vs. QUIZ

Last updated Jul 17, 2026

TCV (Towle Value ETF) and QUIZ (Zacks Quality International ETF) are both exchange-traded funds - TCV is a Small Cap Value Equities fund actively managed by Towle, while QUIZ is a Actively Managed fund actively managed by Zacks. Both are actively managed. A 0.52 correlation means they provide meaningful diversification when combined. TCV charges 0.85%/yr vs 0.55%/yr for QUIZ.

Performance

TCV vs. QUIZ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Towle Value ETF (TCV) and Zacks Quality International ETF (QUIZ). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, TCV achieves a 28.70% return, which is significantly higher than QUIZ's 8.40% return.

TCV

• 1D: 0.01%
• 1M: 4.66%
• 6M: 13.75%
• YTD: 28.70%
• 1Y: 32.54%
• 3Y*: —
• 5Y*: —
• 10Y*: —

QUIZ

• 1D: -1.07%
• 1M: -2.01%
• 6M: 4.39%
• YTD: 8.40%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

TCV vs. QUIZ - Yearly Performance Comparison

	2026 (YTD)	2025
TCV Towle Value ETF	28.70%	6.73%
QUIZ Zacks Quality International ETF	8.40%	6.02%

Correlation

The correlation between TCV and QUIZ is 0.52, 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 Aug 19, 2025	0.52

Return for Risk

TCV vs. QUIZ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Towle Value ETF (TCV) and Zacks Quality International ETF (QUIZ). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Drawdowns

TCV vs. QUIZ - Drawdown Comparison

The maximum TCV drawdown since its inception was -12.23%, roughly equal to the maximum QUIZ drawdown of -11.75%. Use the drawdown chart below to compare losses from any high point for TCV and QUIZ.

Drawdown Indicators

	TCV	QUIZ	Difference
Max Drawdown Largest peak-to-trough decline	-12.23%	-11.75%	-0.48%
Max Drawdown (1Y) Largest decline over 1 year	-12.23%	—	—
Current Drawdown Current decline from peak	-0.09%	-2.97%	+2.88%
Average Drawdown Average peak-to-trough decline	-3.29%	-2.21%	-1.08%

Volatility

Volatility by Period

	TCV	QUIZ	Difference
Volatility (1Y) Calculated over the trailing 1-year period	21.12%	18.94%	+2.18%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.12%	18.94%	+2.18%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.12%	18.94%	+2.18%

TCV vs. QUIZ - Expense Ratio Comparison

TCV has a 0.85% expense ratio, which is higher than QUIZ's 0.55% expense ratio.

Dividends

TCV vs. QUIZ - Dividend Comparison

TCV's dividend yield for the trailing twelve months is around 0.56%, more than QUIZ's 0.16% yield.

Position	TTM	2025
QUIZ Zacks Quality International ETF	0.16%	0.18%
TCV Towle Value ETF	0.56%	0.31%

Frequently Asked Questions

Can I hold both TCV and QUIZ in my portfolio?

TCV and QUIZ have a correlation of 0.52, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, TCV or QUIZ?

On fees, QUIZ is cheaper at 0.55% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, TCV or QUIZ?

QUIZ is cheaper with a 0.55% expense ratio, compared with 0.85% for TCV.

Which ETF pays a higher dividend yield, TCV or QUIZ?

TCV has the higher dividend yield at 0.56%, compared with 0.16% for QUIZ.

What is the main difference between TCV and QUIZ?

TCV is categorized as Small Cap Value Equities, while QUIZ is Actively Managed. They also come from different issuers: Towle and Zacks. Their fees differ too: 0.85% for TCV and 0.55% for QUIZ.