CEPI vs QLTY
REX Crypto Equity Premium Income ETF vs GMO US Quality ETF
Which is better, CEPI or QLTY?
QLTY has been ahead.
QLTY has a lower expense ratio. QLTY led over 1Y and the full window. QLTY is less concentrated, with 45.5% of the fund in its ten largest positions against 51.7%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | CEPI | QLTY |
|---|---|---|
| Expense Ratio | 0.85% | 0.50%Best |
| AUM | $125M | $5.4B |
| Dividend Yield | 43.98% | 0.66% |
| Holdings | 149 | 90 |
| YTD Return | +13.66% | +14.13%Best |
| 1Y Return | +2.47% | +20.95%Best |
| 3Y Return (annualized) | - | +21.84% |
| Volatility (annualized) | 25.9% | 12.9%Best |
| Max Drawdown | -28.9% | -17.0%Best |
| $10,000 over 1.9 years | $12,185 | $13,498Best |
| Top 10 Weight | 51.7% | 45.5%Best |
| Fund Family | REX Shares | GMO |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Dec 4, 2024 | Nov 13, 2023 |
Not shown on this pair: 5Y Return (annualized).
Volatility and max drawdown, and the $10,000 over 1.9 years row, are measured over the window both funds cover: Dec 4, 2024 to Oct 14, 2026 (1.9 years).
CEPI vs QLTY growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 1.9 years both funds cover.
CEPI vs QLTY Performance
REX Crypto Equity Premium Income ETF (CEPI) is an ETF from REX Shares and GMO US Quality ETF (QLTY) is an ETF from GMO. Over the past year CEPI returned +2.47% while QLTY returned +20.95%. Year to date, CEPI is up 13.66% versus a gain of 14.13% for QLTY.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
CEPI has been the more volatile fund, with annualized monthly volatility of 25.9% compared with 12.9% for QLTY. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -28.9% for CEPI and -17.0% for QLTY. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.74. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
CEPI charges 0.85% per year while QLTY charges 0.50%. On a $10,000 position that is $85 vs $50 annually, a gap of $35 per year that compounds over a long holding period. On income, CEPI currently yields 43.98% against 0.66% for QLTY.
Holdings Overlap
15.6% of CEPI's money is in holdings QLTY also owns. 8.5% of QLTY's money is in holdings CEPI also owns.
CEPI and QLTY share little of their money.
3 positions in common, counted across the 26 positions we hold weights for in CEPI and 45 in QLTY, against full books of 149 and 90.
What only one of them owns
Our book lists 42 positions for QLTY that do not appear in our book for CEPI (91.2% of the fund), and 21 for CEPI that do not appear in QLTY (76.6%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
You are not choosing between two funds in isolation.
Whichever of CEPI and QLTY you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, CEPI or QLTY?
CEPI has an expense ratio of 0.85% while QLTY charges 0.50%. QLTY is the cheaper option, by $35 a year on a $10,000 investment.
Which performed better, CEPI or QLTY?
Over the past year CEPI returned +2.47% vs +20.95% for QLTY, so QLTY leads on 1-year performance. Over the longest common window we track (2 years), CEPI annualized +10.96% vs +17.10% for QLTY. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, CEPI or QLTY?
CEPI has been the more volatile fund at 25.9% annualized versus 12.9% for QLTY. Worst drawdown: CEPI -28.9% vs QLTY -17.0%.
Should I hold both CEPI and QLTY?
CEPI and QLTY have a monthly-return correlation of 0.74, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between CEPI and QLTY?
15.6% of CEPI's money is in holdings QLTY also owns. 8.5% of QLTY's is in holdings CEPI also owns. They hold 3 positions in common, counted across the 26 positions we hold weights for in CEPI and 45 in QLTY.
Which pays a higher dividend, CEPI or QLTY?
CEPI yields 43.98% while QLTY yields 0.66%, so CEPI currently pays the higher dividend yield.
Is QLTY better than CEPI?
QLTY has a lower expense ratio. QLTY led over 1Y and the full window. QLTY is less concentrated, with 45.5% of the fund in its ten largest positions against 51.7%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.