NTSX vs QLTY
WisdomTree US Efficient Core Fund vs GMO US Quality ETF
Which is better, NTSX or QLTY?
QLTY has been ahead.
NTSX has a lower expense ratio. QLTY led over 1Y, 3Y and the full window. The two have moved almost in lockstep, correlation 0.93.
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 | NTSX | QLTY |
|---|---|---|
| Expense Ratio | 0.20%Best | 0.50% |
| AUM | $1.4B | $5.4B |
| Dividend Yield | 1.08% | 0.66% |
| Holdings | 506 | 90 |
| YTD Return | +8.74% | +14.13%Best |
| 1Y Return | +10.97% | +20.95%Best |
| 3Y Return (annualized) | +20.03% | +21.84%Best |
| 5Y Return (annualized) | +8.36% | - |
| Volatility (annualized) | 11.7%Best | 11.9% |
| Max Drawdown | -16.8%Best | -17.0% |
| $10,000 over 2.9 years | $16,666 | $17,733Best |
| Fund Family | WisdomTree Investments | GMO |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Aug 2, 2018 | Nov 13, 2023 |
Not shown on this pair: Top 10 Weight.
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).
NTSX 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 2.9 years both funds cover.
NTSX vs QLTY Performance
WisdomTree US Efficient Core Fund (NTSX) is an ETF from WisdomTree Investments and GMO US Quality ETF (QLTY) is an ETF from GMO. Over the past year NTSX returned +10.97% while QLTY returned +20.95%. Year to date, NTSX is up 8.74% versus a gain of 14.13% for QLTY.
Over three years, NTSX compounded at +20.03% per year against +21.84% for QLTY.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QLTY has been the more volatile fund, with annualized monthly volatility of 11.9% compared with 11.7% for NTSX. 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 -16.8% for NTSX 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 0.93. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
NTSX charges 0.20% per year while QLTY charges 0.50%. On a $10,000 position that is $20 vs $50 annually, a gap of $30 per year that compounds over a long holding period. On income, NTSX currently yields 1.08% against 0.66% for QLTY.
Holdings Overlap
At least 93.4% of QLTY's money is in holdings NTSX also owns.
Stated as a floor: for NTSX, our book for it covers 90.8% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
Most of QLTY is already inside NTSX. Owning both mostly buys the same companies twice.
39 positions in common, counted across the 501 positions we hold weights for in NTSX and 45 in QLTY, against full books of 506 and 90.
Top Shared Holdings
| Stock | Weight in NTSX | Weight in QLTY | Difference |
|---|---|---|---|
| MSFTMicrosoft Corp | 5.07% | 8.00% | 2.93% |
| AAPLApple, Inc | 6.82% | 4.20% | 2.62% |
| GOOGLAlphabet Inc | 5.71% | 4.90% | 0.81% |
| NVDANvidia Corp | 7.11% | 3.30% | 3.81% |
| AMZNAmazon.Com Inc | 3.53% | 3.50% | 0.03% |
| METAMeta Platforms Inc | 2.23% | 4.80% | 2.57% |
| AVGOBroadcom Inc | 2.06% | 3.70% | 1.64% |
| JNJJohnson & Johnson - Common | 0.82% | 4.10% | 3.28% |
| LRCXLam Research Corp | 0.46% | 4.20% | 3.74% |
| TMOThermo Fisherscientific Inc. | 0.31% | 4.30% | 3.99% |
93.4% of QLTY is already inside NTSX.
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, NTSX or QLTY?
NTSX has an expense ratio of 0.20% while QLTY charges 0.50%. NTSX is the cheaper option, by $30 a year on a $10,000 investment.
Which performed better, NTSX or QLTY?
Over the past year NTSX returned +10.97% vs +20.95% for QLTY, so QLTY leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, NTSX or QLTY?
QLTY has been the more volatile fund at 11.9% annualized versus 11.7% for NTSX. Worst drawdown: NTSX -16.8% vs QLTY -17.0%.
Should I hold both NTSX and QLTY?
NTSX and QLTY have a monthly-return correlation of 0.93, 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 NTSX and QLTY?
At least 93.4% of QLTY's money is in holdings NTSX also owns. Our book for NTSX is partial, so the real figure is this or higher. They hold 39 positions in common, counted across the 501 positions we hold weights for in NTSX and 45 in QLTY.
Which pays a higher dividend, NTSX or QLTY?
NTSX yields 1.08% while QLTY yields 0.66%, so NTSX currently pays the higher dividend yield.
Is QLTY better than NTSX?
NTSX has a lower expense ratio. QLTY led over 1Y, 3Y and the full window. The two have moved almost in lockstep, correlation 0.93. Which one suits a particular account depends on what it is for. This is information, not a recommendation.