QIDX vs SPY
Indexperts Quality Earnings Focused ETF vs State Street SPDR S&P 500 ETF Trust
Which is better, QIDX or SPY?
SPY has been ahead.
SPY has a lower expense ratio. SPY led over 1Y and the full window. QIDX is less concentrated, with 26.2% of the fund in its ten largest positions against 38.2%.
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 | QIDX | SPY |
|---|---|---|
| Expense Ratio | 0.50% | 0.09%Best |
| AUM | $39M | $823.2B |
| Dividend Yield | 0.93% | 0.99% |
| Holdings | 264 | 1,515 |
| YTD Return | +7.85% | +13.53%Best |
| 1Y Return | +7.18% | +17.47%Best |
| 3Y Return (annualized) | - | +22.36% |
| 5Y Return (annualized) | - | +13.21% |
| Volatility (annualized) | 9.9%Best | 12.6% |
| Max Drawdown | -15.0%Best | -18.8% |
| $10,000 over 1.8 years | $11,722 | $13,469Best |
| Top 10 Weight | 26.2%Best | 38.2% |
| Fund Family | Indexperts | State Street Investment Management |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Dec 31, 2024 | Jan 22, 1993 |
Volatility and max drawdown, and the $10,000 over 1.8 years row, are measured over the window both funds cover: Jan 2, 2025 to Oct 14, 2026 (1.8 years).
QIDX vs SPY 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 1.8 years both funds cover.
QIDX vs SPY Performance
Indexperts Quality Earnings Focused ETF (QIDX) is an ETF from Indexperts and State Street SPDR S&P 500 ETF Trust (SPY) is an ETF from State Street Investment Management. Over the past year QIDX returned +7.18% while SPY returned +17.47%. Year to date, QIDX is up 7.85% versus a gain of 13.53% for SPY.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SPY has been the more volatile fund, with annualized monthly volatility of 12.6% compared with 9.9% for QIDX. 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 -15.0% for QIDX and -18.8% for SPY. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.71. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
QIDX charges 0.50% per year while SPY charges 0.09%. On a $10,000 position that is $50 vs $9 annually, a gap of $41 per year that compounds over a long holding period. On income, QIDX currently yields 0.93% against 0.99% for SPY.
Holdings Overlap
67.0% of QIDX's money is in holdings SPY also owns. 32.2% of SPY's money is in holdings QIDX also owns.
The two portfolios partly overlap.
59 positions in common, counted across the 131 positions we hold weights for in QIDX and 504 in SPY, against full books of 264 and 1,515.
What only one of them owns
Our book lists 437 positions for SPY that do not appear in our book for QIDX (66.8% of the fund), and 71 for QIDX that do not appear in SPY (32.2%).
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.
Top Shared Holdings
| Stock | Weight in QIDX | Weight in SPY | Difference |
|---|---|---|---|
| AAPLApple, Inc | 2.42% | 7.45% | 5.03% |
| MSFTMicrosoft Corp | 0.69% | 5.71% | 5.02% |
| GOOGLAlphabet Inc | 3.22% | 3.12% | 0.10% |
| ANETArista Networks Inc Common Stock | 4.54% | 0.30% | 4.24% |
| TMOThermo Fisherscientific Inc. | 3.25% | 0.35% | 2.90% |
| XOMExxonmobil Corp. | 2.21% | 1.04% | 1.17% |
| BRK.BBerkshire Hathaway Inc Brk/B Us Equity | 1.47% | 1.44% | 0.03% |
| CSCOCisco Systems Inc. - Ordinary Shares | 1.94% | 0.66% | 1.28% |
| FFIVF5 Networks Inc. | 2.43% | 0.04% | 2.39% |
| JPMJpmorgan Chase | 0.96% | 1.43% | 0.47% |
67.0% of QIDX is already inside SPY.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, QIDX or SPY?
QIDX has an expense ratio of 0.50% while SPY charges 0.09%. SPY is the cheaper option, by $41 a year on a $10,000 investment.
Which performed better, QIDX or SPY?
Over the past year QIDX returned +7.18% vs +17.47% for SPY, so SPY leads on 1-year performance. Over the longest common window we track (2 years), QIDX annualized +9.23% vs +17.99% for SPY. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, QIDX or SPY?
SPY has been the more volatile fund at 12.6% annualized versus 9.9% for QIDX. Worst drawdown: QIDX -15.0% vs SPY -18.8%.
Should I hold both QIDX and SPY?
QIDX and SPY have a monthly-return correlation of 0.71, 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 QIDX and SPY?
67.0% of QIDX's money is in holdings SPY also owns. 32.2% of SPY's is in holdings QIDX also owns. They hold 59 positions in common, counted across the 131 positions we hold weights for in QIDX and 504 in SPY.
Which pays a higher dividend, QIDX or SPY?
QIDX yields 0.93% while SPY yields 0.99%, so SPY currently pays the higher dividend yield.
Is SPY better than QIDX?
SPY has a lower expense ratio. SPY led over 1Y and the full window. QIDX is less concentrated, with 26.2% of the fund in its ten largest positions against 38.2%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.