TXS vs. QIDX

Last updated Jun 25, 2026

TXS (Texas Capital Texas Equity Index ETF) and QIDX (Indexperts Quality Earnings Focused ETF) are both Mid Cap Blend Equities funds. TXS is passively managed, while QIDX is actively managed. Over the past year, TXS returned 15.28% vs 11.74% for QIDX. A 0.79 correlation means they provide meaningful diversification when combined. TXS charges 0.49%/yr vs 0.50%/yr for QIDX.

Performance

TXS vs. QIDX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Texas Capital Texas Equity Index ETF (TXS) and Indexperts Quality Earnings Focused ETF (QIDX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, TXS achieves a 11.72% return, which is significantly higher than QIDX's 8.20% return.

TXS

• 1D: 0.05%
• 1M: -0.70%
• YTD: 11.72%
• 6M: 10.00%
• 1Y: 15.28%
• 3Y*: —
• 5Y*: —
• 10Y*: —

QIDX

• 1D: 0.34%
• 1M: 1.63%
• YTD: 8.20%
• 6M: 6.78%
• 1Y: 11.74%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

TXS vs. QIDX - Yearly Performance Comparison

	2026 (YTD)	2025
TXS Texas Capital Texas Equity Index ETF	11.72%	10.31%
QIDX Indexperts Quality Earnings Focused ETF	8.20%	6.60%

Correlation

The correlation between TXS and QIDX is 0.76, 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	0.76
Correlation (All Time) Calculated using the full available price history since Jan 2, 2025	0.79

The correlation between TXS and QIDX has been stable across timeframes, ranging from 0.76 to 0.79 - a consistent structural relationship.

Return for Risk

TXS vs. QIDX — Risk / Return Rank

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

TXS

TXS Risk / Return Rank: 45
TXS Sharpe Ratio Rank: 41
TXS Sortino Ratio Rank: 40
TXS Omega Ratio Rank: 39
TXS Calmar Ratio Rank: 54
TXS Martin Ratio Rank: 52

QIDX

QIDX Risk / Return Rank: 35
QIDX Sharpe Ratio Rank: 33
QIDX Sortino Ratio Rank: 33
QIDX Omega Ratio Rank: 30
QIDX Calmar Ratio Rank: 38
QIDX Martin Ratio Rank: 40

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.

TXS vs. QIDX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Texas Capital Texas Equity Index ETF (TXS) and Indexperts Quality Earnings Focused ETF (QIDX). 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.

	TXS	QIDX	Difference
Sharpe ratio: Return per unit of total volatility	1.31	1.07	+0.25
Sortino ratio: Return per unit of downside risk	1.88	1.59	+0.29
Omega ratio: Gain probability vs. loss probability	1.23	1.19	+0.04
Calmar ratio: Return relative to maximum drawdown	2.34	1.70	+0.64
Martin ratio: Return relative to average drawdown	7.92	5.63	+2.29

TXS vs. QIDX - Sharpe Ratio Comparison

The current TXS Sharpe Ratio is 1.31, which is comparable to the QIDX Sharpe Ratio of 1.07. The chart below compares the historical Sharpe Ratios of TXS and QIDX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

TXS vs. QIDX - Drawdown Comparison

The maximum TXS drawdown since its inception was -19.69%, which is greater than QIDX's maximum drawdown of -14.99%. Use the drawdown chart below to compare losses from any high point for TXS and QIDX.

Drawdown Indicators

	TXS	QIDX	Difference
Max Drawdown Largest peak-to-trough decline	-19.69%	-14.99%	-4.70%
Max Drawdown (1Y) Largest decline over 1 year	-6.54%	-6.92%	+0.38%
Current Drawdown Current decline from peak	-1.56%	-0.95%	-0.61%
Average Drawdown Average peak-to-trough decline	-2.81%	-2.24%	-0.57%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.93%	2.09%	-0.16%

Volatility

TXS vs. QIDX - Volatility Comparison

Texas Capital Texas Equity Index ETF (TXS) has a higher volatility of 3.14% compared to Indexperts Quality Earnings Focused ETF (QIDX) at 2.94%. This indicates that TXS's price experiences larger fluctuations and is considered to be riskier than QIDX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TXS	QIDX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.14%	2.94%	+0.20%
Volatility (6M) Calculated over the trailing 6-month period	8.18%	8.53%	-0.35%
Volatility (1Y) Calculated over the trailing 1-year period	11.71%	11.08%	+0.63%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.83%	14.52%	+1.31%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.83%	14.52%	+1.31%

TXS vs. QIDX - Expense Ratio Comparison

TXS has a 0.49% expense ratio, which is lower than QIDX's 0.50% expense ratio.

Dividends

TXS vs. QIDX - Dividend Comparison

TXS's dividend yield for the trailing twelve months is around 0.75%, less than QIDX's 0.85% yield.

Position	TTM	2025	2024	2023
QIDX Indexperts Quality Earnings Focused ETF	0.85%	0.84%	0.00%	0.00%
TXS Texas Capital Texas Equity Index ETF	0.75%	0.82%	0.86%	0.53%

Frequently Asked Questions

Can I hold both TXS and QIDX in my portfolio?

TXS and QIDX have a correlation of 0.76, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, TXS or QIDX?

TXS has higher volatility (3.14%) compared to QIDX (2.94%). In terms of maximum drawdown, TXS dropped -19.69% vs QIDX's -14.99%.

Which ETF is better, TXS or QIDX?

On 1-year performance, TXS leads with 15.28% vs 11.74% for QIDX. On fees, TXS is cheaper at 0.49% per year. On volatility, QIDX has been the lower-risk option at 2.94%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, TXS or QIDX?

Over the 1-year period, TXS has performed better with a 15.28% return vs 11.74%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, TXS or QIDX?

TXS is cheaper with a 0.49% expense ratio, compared with 0.50% for QIDX.

Which ETF pays a higher dividend yield, TXS or QIDX?

QIDX has the higher dividend yield at 0.85%, compared with 0.75% for TXS.

What is the main difference between TXS and QIDX?

They also come from different issuers: Texas Capital and Indexperts. Their fees differ too: 0.49% for TXS and 0.50% for QIDX.

Which has better risk-adjusted returns?

TXS currently has the higher Sharpe Ratio (1.31 vs 1.07), 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.