VFQY vs. QARP

Last updated Aug 4, 2026

VFQY (Vanguard U.S. Quality Factor ETF) and QARP (Xtrackers Russell 1000 US Quality at a Reasonable Price ETF) are both Quality Factor funds. VFQY is actively managed, while QARP is passively managed. Over the past 5 years, VFQY returned 9.15%/yr vs 11.94%/yr for QARP. Their correlation of 0.88 means they have usually moved in the same direction. VFQY charges 0.13%/yr vs 0.19%/yr for QARP.

Performance

VFQY vs. QARP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard U.S. Quality Factor ETF (VFQY) and Xtrackers Russell 1000 US Quality at a Reasonable Price ETF (QARP). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both stocks are quite close, with VFQY having a 14.20% return and QARP slightly lower at 14.12%.

VFQY

• 1D: 1.05%
• 1M: 2.21%
• 6M: 10.27%
• YTD: 14.20%
• 1Y: 23.29%
• 3Y*: 15.72%
• 5Y*: 9.15%
• 10Y*: —
• ALL TIME*: 11.62%

QARP

• 1D: 0.91%
• 1M: 2.62%
• 6M: 8.69%
• YTD: 14.12%
• 1Y: 26.93%
• 3Y*: 17.84%
• 5Y*: 11.94%
• 10Y*: —
• ALL TIME*: 14.27%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
QARP Xtrackers Russell 1000 US Quality at a Reasonable Price ETF	$114.19K	$118.59K	$179.68K
VFQY Vanguard U.S. Quality Factor ETF	$948.51K	$988.82K	$1.06M

VFQY vs. QARP - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
VFQY Vanguard U.S. Quality Factor ETF	14.20%	10.24%	12.93%	22.48%	-15.74%	27.96%	16.97%	25.75%	-6.87%
QARP Xtrackers Russell 1000 US Quality at a Reasonable Price ETF	14.12%	13.99%	18.94%	23.03%	-14.62%	31.82%	14.83%	30.70%	-5.53%

Correlation

The correlation between VFQY and QARP is 0.81, meaning they have usually moved in the same direction, including during past declines.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.81
Correlation (3Y) Balances recent behavior with more history.	0.87
Correlation (5Y) Shows whether the relationship held over a longer period.	0.90
Correlation (All Time) Calculated using the full available price history since Apr 5, 2018	0.88

The correlation between VFQY and QARP has been stable across timeframes, ranging from 0.81 to 0.90 - a consistent structural relationship.

VFQY vs. QARP - Sectors Allocation Comparison

Sectors	VFQY	QARP
Technology	25.8%	24.1%
Financial Services	18.9%	12.4%
Industrials	16.8%	7.9%
Consumer Cyclical	13.3%	9.4%
Consumer Defensive	9.2%	9.5%
Healthcare	8.9%	14.0%
Communication Services	2.8%	10.5%
Basic Materials	2.2%	2.5%
Energy	2.2%	6.3%
Real Estate	-	1.0%
Utilities	-	1.9%

Return for Risk

VFQY vs. QARP — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

VFQY

VFQY Risk / Return Rank: 74
VFQY Sharpe Ratio Rank: 75
VFQY Sortino Ratio Rank: 76
VFQY Omega Ratio Rank: 70
VFQY Calmar Ratio Rank: 71
VFQY Martin Ratio Rank: 75

QARP

QARP Risk / Return Rank: 91
QARP Sharpe Ratio Rank: 93
QARP Sortino Ratio Rank: 93
QARP Omega Ratio Rank: 92
QARP Calmar Ratio Rank: 88
QARP Martin Ratio Rank: 92

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

VFQY vs. QARP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard U.S. Quality Factor ETF (VFQY) and Xtrackers Russell 1000 US Quality at a Reasonable Price ETF (QARP). 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.

	VFQY	QARP	Difference
Sharpe ratio: Return per unit of total volatility	1.75	2.54	-0.79
Sortino ratio: Return per unit of downside risk	2.53	3.56	-1.03
Omega ratio: Gain probability vs. loss probability	1.30	1.46	-0.16
Calmar ratio: Return relative to maximum drawdown	2.57	3.73	-1.16
Martin ratio: Return relative to average drawdown	9.69	16.67	-6.98

VFQY vs. QARP - Sharpe Ratio Comparison

The current VFQY Sharpe Ratio is 1.75, which is lower than the QARP Sharpe Ratio of 2.54. The chart below compares the historical Sharpe Ratios of VFQY and QARP, 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

VFQY vs. QARP - Drawdown Comparison

The maximum VFQY drawdown since its inception was -37.41%, which is greater than QARP's maximum drawdown of -35.44%. Use the drawdown chart below to compare losses from any high point for VFQY and QARP.

Drawdown Indicators

	VFQY	QARP	Difference
Max Drawdown Largest peak-to-trough decline	-37.41%	-35.44%	-1.97%
Max Drawdown (1Y) Largest decline over 1 year	-9.12%	-7.26%	-1.86%
Max Drawdown (3Y) Largest decline over 3 years	-20.67%	-15.65%	-5.02%
Max Drawdown (5Y) Largest decline over 5 years	-25.93%	-22.75%	-3.18%
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-6.57%	-4.37%	-2.20%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.41%	1.62%	+0.79%

Volatility

VFQY vs. QARP - Volatility Comparison

Vanguard U.S. Quality Factor ETF (VFQY) has a higher volatility of 3.12% compared to Xtrackers Russell 1000 US Quality at a Reasonable Price ETF (QARP) at 2.64%. This indicates that VFQY's price experiences larger fluctuations and is considered to be riskier than QARP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	VFQY	QARP	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.12%	2.64%	+0.48%
Volatility (6M) Calculated over the trailing 6-month period	9.58%	8.20%	+1.38%
Volatility (1Y) Calculated over the trailing 1-year period	13.37%	10.68%	+2.69%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.29%	15.53%	+2.76%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.73%	19.51%	+1.22%

VFQY vs. QARP - Expense Ratio Comparison

VFQY has a 0.13% expense ratio, which is lower than QARP's 0.19% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

VFQY vs. QARP - Dividend Comparison

VFQY's dividend yield for the trailing twelve months is around 1.03%, more than QARP's 1.01% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
QARP Xtrackers Russell 1000 US Quality at a Reasonable Price ETF	1.01%	1.14%	1.39%	1.28%	1.68%	1.34%	1.61%	1.85%	1.39%
VFQY Vanguard U.S. Quality Factor ETF	1.03%	1.17%	1.34%	1.38%	1.43%	0.98%	1.22%	1.34%	1.31%

Frequently Asked Questions

Can I hold both VFQY and QARP in my portfolio?

VFQY and QARP have a correlation of 0.81, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, VFQY or QARP?

VFQY has higher volatility (3.12%) compared to QARP (2.64%). In terms of maximum drawdown, VFQY dropped -37.41% vs QARP's -35.44%.

Which ETF is better, VFQY or QARP?

On 5-year performance, QARP leads with 11.94% vs 9.15% for VFQY. On fees, VFQY is cheaper at 0.13% per year. On volatility, QARP has been the lower-risk option at 2.64%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, VFQY or QARP?

Over the 5-year period, QARP has performed better with a 11.94% return vs 9.15%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, VFQY or QARP?

VFQY is cheaper with a 0.13% expense ratio, compared with 0.19% for QARP.

Which ETF pays a higher dividend yield, VFQY or QARP?

VFQY has the higher dividend yield at 1.03%, compared with 1.01% for QARP.

What is the main difference between VFQY and QARP?

They also come from different issuers: Vanguard and Deutsche Bank. Their fees differ too: 0.13% for VFQY and 0.19% for QARP.

Which has better risk-adjusted returns?

QARP currently has the higher Sharpe Ratio (2.54 vs 1.75), 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.