VNSE vs. GQI

Last updated Jun 4, 2026

VNSE (Natixis Vaughan Nelson Select ETF) and GQI (Natixis Gateway Quality Income ETF) are both exchange-traded funds - VNSE is a Large Cap Blend Equities fund tracking the Actively Managed, while GQI is a Derivative Income fund actively managed by Natixis. VNSE is passively managed, while GQI is actively managed. Over the past year, VNSE returned 23.60% vs 23.37% for GQI. Their correlation of 0.87 suggests significant overlap in exposure. VNSE charges 0.80%/yr vs 0.34%/yr for GQI.

Performance

VNSE vs. GQI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Natixis Vaughan Nelson Select ETF (VNSE) and Natixis Gateway Quality Income ETF (GQI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, VNSE achieves a 8.88% return, which is significantly higher than GQI's 8.04% return.

VNSE

• 1D: -0.16%
• 1M: 2.88%
• YTD: 8.88%
• 6M: 8.63%
• 1Y: 23.60%
• 3Y*: 13.73%
• 5Y*: 10.71%
• 10Y*: —

GQI

• 1D: -0.02%
• 1M: 4.10%
• YTD: 8.04%
• 6M: 9.09%
• 1Y: 23.37%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

VNSE vs. GQI - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
VNSE Natixis Vaughan Nelson Select ETF	8.88%	13.72%	10.19%	1.45%
GQI Natixis Gateway Quality Income ETF	8.04%	15.36%	15.99%	0.68%

Correlation

The correlation between VNSE and GQI is 0.86, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.86
Correlation (All Time) Calculated using the full available price history since Dec 14, 2023	0.87

The correlation between VNSE and GQI has been stable across timeframes, ranging from 0.86 to 0.87 - a consistent structural relationship.

VNSE vs. GQI - Sectors Allocation Comparison

Sectors	VNSE	GQI
Technology	30.0%	35.5%
Industrials	17.7%	8.9%
Financial Services	13.1%	10.3%
Communication Services	9.7%	11.4%
Healthcare	7.8%	8.9%
Consumer Cyclical	7.8%	11.4%
Basic Materials	5.8%	0.6%
Energy	5.4%	5.3%
Utilities	2.6%	0.8%
Consumer Defensive	-	6.5%
Real Estate	-	0.5%

Return for Risk

VNSE vs. GQI — Risk / Return Rank

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

VNSE

VNSE Risk / Return Rank: 49
VNSE Sharpe Ratio Rank: 51
VNSE Sortino Ratio Rank: 51
VNSE Omega Ratio Rank: 50
VNSE Calmar Ratio Rank: 41
VNSE Martin Ratio Rank: 49

GQI

GQI Risk / Return Rank: 77
GQI Sharpe Ratio Rank: 76
GQI Sortino Ratio Rank: 78
GQI Omega Ratio Rank: 76
GQI Calmar Ratio Rank: 68
GQI Martin Ratio Rank: 86

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.

VNSE vs. GQI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Natixis Vaughan Nelson Select ETF (VNSE) and Natixis Gateway Quality Income ETF (GQI). 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.

	VNSE	GQI	Difference
Sharpe ratio: Return per unit of total volatility	1.72	2.47	-0.75
Sortino ratio: Return per unit of downside risk	2.45	3.50	-1.05
Omega ratio: Gain probability vs. loss probability	1.31	1.45	-0.14
Calmar ratio: Return relative to maximum drawdown	1.99	3.37	-1.38
Martin ratio: Return relative to average drawdown	8.05	18.50	-10.45
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

VNSE vs. GQI - Sharpe Ratio Comparison

The current VNSE Sharpe Ratio is 1.72, which is lower than the GQI Sharpe Ratio of 2.47. The chart below compares the historical Sharpe Ratios of VNSE and GQI, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	VNSE	GQI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.72	2.47	-0.75
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.63	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.85	1.26	-0.41

Drawdowns

VNSE vs. GQI - Drawdown Comparison

The maximum VNSE drawdown since its inception was -24.21%, which is greater than GQI's maximum drawdown of -16.56%. Use the drawdown chart below to compare losses from any high point for VNSE and GQI.

Drawdown Indicators

	VNSE	GQI	Difference
Max Drawdown Largest peak-to-trough decline	-24.21%	-16.56%	-7.65%
Max Drawdown (1Y) Largest decline over 1 year	-11.89%	-6.96%	-4.93%
Max Drawdown (3Y) Largest decline over 3 years	-20.91%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-24.21%	—	—
Current Drawdown Current decline from peak	-0.29%	-0.15%	-0.14%
Average Drawdown Average peak-to-trough decline	-5.52%	-1.66%	-3.86%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.94%	1.27%	+1.67%

Volatility

VNSE vs. GQI - Volatility Comparison

Natixis Vaughan Nelson Select ETF (VNSE) has a higher volatility of 3.34% compared to Natixis Gateway Quality Income ETF (GQI) at 1.71%. This indicates that VNSE's price experiences larger fluctuations and is considered to be riskier than GQI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	VNSE	GQI	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.34%	1.71%	+1.63%
Volatility (6M) Calculated over the trailing 6-month period	10.72%	6.93%	+3.79%
Volatility (1Y) Calculated over the trailing 1-year period	13.76%	9.52%	+4.24%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.20%	13.13%	+4.07%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.14%	13.13%	+4.01%

VNSE vs. GQI - Expense Ratio Comparison

VNSE has a 0.80% expense ratio, which is higher than GQI's 0.34% expense ratio.

Dividends

VNSE vs. GQI - Dividend Comparison

VNSE's dividend yield for the trailing twelve months is around 0.20%, less than GQI's 8.74% yield.

Position	TTM	2025	2024	2023	2022	2021	2020
GQI Natixis Gateway Quality Income ETF	8.74%	8.97%	7.77%	0.31%	0.00%	0.00%	0.00%
VNSE Natixis Vaughan Nelson Select ETF	0.20%	0.21%	0.00%	0.21%	7.01%	19.65%	0.06%

Frequently Asked Questions

Can I hold both VNSE and GQI in my portfolio?

VNSE and GQI have a correlation of 0.86, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, VNSE or GQI?

VNSE has higher volatility (3.34%) compared to GQI (1.71%). In terms of maximum drawdown, VNSE dropped -24.21% vs GQI's -16.56%.

Which ETF is better, VNSE or GQI?

On 1-year performance, VNSE leads with 23.60% vs 23.37% for GQI. On fees, GQI is cheaper at 0.34% per year. On volatility, GQI has been the lower-risk option at 1.71%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, VNSE or GQI?

Over the 1-year period, VNSE has performed better with a 23.60% return vs 23.37%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, VNSE or GQI?

GQI is cheaper with a 0.34% expense ratio, compared with 0.80% for VNSE.

Which ETF pays a higher dividend yield, VNSE or GQI?

GQI has the higher dividend yield at 8.74%, compared with 0.20% for VNSE.

What is the main difference between VNSE and GQI?

VNSE is categorized as Large Cap Blend Equities, while GQI is Derivative Income. Their fees differ too: 0.80% for VNSE and 0.34% for GQI.

Which has better risk-adjusted returns?

GQI currently has the higher Sharpe Ratio (2.47 vs 1.72), 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.