QLTY vs VNSE
GMO US Quality ETF vs Natixis Vaughan Nelson Select ETF
Which is better, QLTY or VNSE?
QLTY has been ahead.
QLTY has a lower expense ratio. QLTY led over 1Y, 3Y and the full window. The two have moved almost in lockstep, correlation 0.90. QLTY is less concentrated, with 45.5% of the fund in its ten largest positions against 55.2%.
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 | QLTY | VNSE |
|---|---|---|
| Expense Ratio | 0.50%Best | 0.80% |
| AUM | $5.4B | $15M |
| Dividend Yield | 0.66% | 0.20% |
| Holdings | 90 | 29 |
| YTD Return | +14.13%Best | +9.71% |
| 1Y Return | +20.95%Best | +10.82% |
| 3Y Return (annualized) | +21.84%Best | +15.12% |
| 5Y Return (annualized) | - | +9.11% |
| Volatility (annualized) | 11.9%Best | 13.5% |
| Max Drawdown | -17.0%Best | -20.9% |
| $10,000 over 2.9 years | $17,733Best | $14,794 |
| Top 10 Weight | 45.5%Best | 55.2% |
| Fund Family | GMO | Natixis Funds |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Nov 13, 2023 | Sep 17, 2020 |
Volatility and max drawdown, and the $10,000 over 2.9 years row, are measured over the window both funds cover: Nov 15, 2023 to Oct 14, 2026 (2.9 years).
QLTY vs VNSE 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 2.9 years both funds cover.
QLTY vs VNSE Performance
GMO US Quality ETF (QLTY) is an ETF from GMO and Natixis Vaughan Nelson Select ETF (VNSE) is an ETF from Natixis Funds. Over the past year QLTY returned +20.95% while VNSE returned +10.82%. Year to date, QLTY is up 14.13% versus a gain of 9.71% for VNSE.
Over three years, QLTY compounded at +21.84% per year against +15.12% for VNSE.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VNSE has been the more volatile fund, with annualized monthly volatility of 13.5% compared with 11.9% 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 -17.0% for QLTY and -20.9% for VNSE. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.90. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
QLTY charges 0.50% per year while VNSE charges 0.80%. On a $10,000 position that is $50 vs $80 annually, a gap of $30 per year that compounds over a long holding period. On income, QLTY currently yields 0.66% against 0.20% for VNSE.
Holdings Overlap
28.9% of QLTY's money is in holdings VNSE also owns. 43.3% of VNSE's money is in holdings QLTY also owns.
The two portfolios partly overlap.
9 positions in common, counted across the 45 positions we hold weights for in QLTY and 27 in VNSE, against full books of 90 and 29.
What only one of them owns
Our book lists 14 positions for VNSE that do not appear in our book for QLTY (40.4% of the fund), and 36 for QLTY that do not appear in VNSE (70.8%).
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 QLTY | Weight in VNSE | Difference |
|---|---|---|---|
| NVDANvidia Corp | 3.30% | 9.16% | 5.86% |
| GOOGLAlphabet Inc | 4.90% | 6.57% | 1.67% |
| AAPLApple, Inc | 4.20% | 4.86% | 0.66% |
| METAMeta Platforms Inc | 4.80% | 3.96% | 0.84% |
| LLYEli Lilly & Co. | 2.50% | 6.18% | 3.68% |
| AMZNAmazon.Com Inc | 3.50% | 4.69% | 1.19% |
| VVisa Inc Class A | 2.80% | 3.08% | 0.28% |
| SNPSSynopsys | 1.80% | 2.87% | 1.07% |
| UBERUber Technologies Inc | 1.10% | 1.97% | 0.87% |
43.3% of VNSE is already inside QLTY.
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, QLTY or VNSE?
QLTY has an expense ratio of 0.50% while VNSE charges 0.80%. QLTY is the cheaper option, by $30 a year on a $10,000 investment.
Which performed better, QLTY or VNSE?
Over the past year QLTY returned +20.95% vs +10.82% for VNSE, so QLTY leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, QLTY or VNSE?
VNSE has been the more volatile fund at 13.5% annualized versus 11.9% for QLTY. Worst drawdown: QLTY -17.0% vs VNSE -20.9%.
Should I hold both QLTY and VNSE?
QLTY and VNSE have a monthly-return correlation of 0.90, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
What is the holdings overlap between QLTY and VNSE?
43.3% of VNSE's money is in holdings QLTY also owns. 43.3% of VNSE's is in holdings QLTY also owns. They hold 9 positions in common, counted across the 45 positions we hold weights for in QLTY and 27 in VNSE.
Which pays a higher dividend, QLTY or VNSE?
QLTY yields 0.66% while VNSE yields 0.20%, so QLTY currently pays the higher dividend yield.
Is VNSE better than QLTY?
QLTY has a lower expense ratio. QLTY led over 1Y, 3Y and the full window. The two have moved almost in lockstep, correlation 0.90. QLTY is less concentrated, with 45.5% of the fund in its ten largest positions against 55.2%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.