QDEF vs GVIP
Comparison between FLEXSHARES QUALITY DIVIDEND DEFENSIVE INDEX FUND (QDEF, ETF) and GOLDMAN SACHS HEDGE INDUSTRY VIP ETF (GVIP, ETF).
5-Year PerformanceGVIP has outperformed QDEF, delivering a return of +12.5% compared to +12.4%
QDEF vs GVIP - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Net Assets
QDEF
$568M
Winner
GVIP
$570M
Expense Ratio
Winner
QDEF
0.39%
GVIP
0.45%
Max Drawdown
Winner
QDEF
36.22%
GVIP
37.10%
Sharpe Ratio
Winner
QDEF
1.72
GVIP
1.39
5Y Beta
Winner
QDEF
0.72
GVIP
1.20
P/E Ratio
Winner
QDEF
21.11
GVIP
65.11
Forward P/E
Winner
QDEF
17.67
GVIP
23.57
PEG Ratio
Winner
QDEF
0.24
GVIP
0.30
5Y Dividends CAGR
QDEF
2.83%
Winner
GVIP
48.90%
5Y EPS CAGR
Winner
QDEF
24.00%
GVIP
21.58%
Debt to Equity
QDEF
15.45%
GVIP
N/A
P/S Ratio
Winner
QDEF
3.35
GVIP
4.33
P/B Ratio
Winner
QDEF
5.04
GVIP
6.99
QDEF vs GVIP - Holdings Comparison
QDEF and GVIP have 12 common holdings. Overlap is 14.13%
QDEF's top 25 holdings weight is 57.70%. GVIP's top 25 holdings weight is 54.87%.
| Rank | QDEF | GVIP |
|---|---|---|
| #1 | APPLE INC (AAPL) - 8.42% | MARVELL TECHNOLOGY INC (MRVL) - 3.25% |
| #2 | NVIDIA CORP (NVDA) - 7.06% | MICRON TECHNOLOGY INC (MU) - 2.84% |
| #3 | BROADCOM INC (AVGO) - 5.47% | SANDISK CORP ORDINARY SHARES (SNDK) - 2.48% |
| #4 | MICROSOFT CORP (MSFT) - 3.78% | HUT 8 CORP (HUT) - 2.44% |
| #5 | ALPHABET INC CLASS A (GOOGL) - 2.68% | ADVANCED MICRO DEVICES INC (AMD) - 2.44% |
| #6 | ABBVIE INC (ABBV) - 2.60% | LAM RESEARCH CORP (LRCX) - 2.30% |
| #7 | JOHNSON & JOHNSON (JNJ) - 2.51% | CORE SCIENTIFIC INC ORDINARY SHARES NEW (CORZ) - 2.28% |
| #8 | CISCO SYSTEMS INC (CSCO) - 2.35% | ASML HOLDING NV ADR (ASML) - 2.19% |
| #9 | PROCTER & GAMBLE CO (PG) - 2.35% | APPLIED MATERIALS INC (AMAT) - 2.18% |
| #10 | ALPHABET INC CLASS C (GOOG) - 2.14% | APPLOVIN CORP ORDINARY SHARES CLASS A (APP) - 2.17% |
| #11 | PHILIP MORRIS INTERNATIONAL INC (PM) - 2.05% | TALEN ENERGY CORP ORDINARY SHARES NEW (TLN) - 2.16% |
| #12 | KLA CORP (KLAC) - 1.93% | BROADCOM INC (AVGO) - 2.15% |
| #13 | QUALCOMM INC (QCOM) - 1.91% | VISTRA CORP (VST) - 2.10% |
| #14 | JPMORGAN CHASE & CO (JPM) - 1.86% | COHERENT CORP (COHR) - 2.08% |
| #15 | MERCK & CO INC (MRK) - 1.39% | TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD ADR (TSM) - 2.06% |
| #16 | TJX COMPANIES INC (TJX) - 1.26% | REVOLUTION MEDICINES INC ORDINARY SHARES (RVMD) - 2.04% |
| #17 | GILEAD SCIENCES INC (GILD) - 1.12% | ELI LILLY AND CO (LLY) - 2.04% |
| #18 | CONOCOPHILLIPS (COP) - 1.07% | MERCADOLIBRE INC (MELI) - 2.02% |
| #19 | ALTRIA GROUP INC (MO) - 0.88% | BLOOM ENERGY CORP CLASS A (BE) - 1.98% |
| #20 | NEWMONT CORP (NEM) - 0.87% | APPLE INC (AAPL) - 1.97% |
| #21 | BRISTOL-MYERS SQUIBB CO (BMY) - 0.84% | INTEL CORP (INTC) - 1.97% |
| #22 | GE VERNOVA INC (GEV) - 0.83% | S&P GLOBAL INC (SPGI) - 1.95% |
| #23 | LOCKHEED MARTIN CORP (LMT) - 0.80% | META PLATFORMS INC CLASS A (META) - 1.93% |
| #24 | CASH (n/a) - 0.77% | MICROSOFT CORP (MSFT) - 1.93% |
| #25 | ELI LILLY AND CO (LLY) - 0.76% | ELECTRONIC ARTS INC (EA) - 1.92% |
| Total Holdings | 135 | 51 |
QDEF vs GVIP - Historical Returns
Returns include dividend reinvestment.
1M
Winner
QDEF
+1.39%
GVIP
+1.29%
3M
QDEF
+7.69%
Winner
GVIP
+20.04%
6M
QDEF
+8.09%
Winner
GVIP
+14.71%
1Y
QDEF
+21.53%
Winner
GVIP
+33.30%
5Y(CAGR)
QDEF
+12.41%
Winner
GVIP
+12.51%
10Y(CAGR)
QDEF
+12.36%
Winner
GVIP
+17.43%
Max(CAGR)
QDEF
+12.69%
Winner
GVIP
+17.43%
QDEF vs GVIP - Annual Returns (2012 - 2026)
Returns include dividend reinvestment.
| Year | QDEF | GVIP |
|---|---|---|
| 2026 | +7.87% | +13.44% |
| 2025 | +17.60% | +24.18% |
| 2024 | +21.27% | +31.42% |
| 2023 | +17.68% | +40.11% |
| 2022 | -10.90% | -32.35% |
| 2021 | +27.71% | +13.57% |
| 2020 | +3.01% | +42.47% |
| 2019 | +25.36% | +29.65% |
| 2018 | -4.43% | -8.03% |
| 2017 | +16.51% | +24.67% |
| 2016 | +16.55% | +7.97% |
| 2015 | +0.02% | N/A |
| 2014 | +15.03% | N/A |
| 2013 | +33.47% | N/A |
| 2012 | -2.51% | N/A |
QDEF vs GVIP Drawdown Comparison
The maximum drawdown for QDEF was -35.71%, occurring on Mar 23, 2020. Recovery took 215 trading sessions.
The maximum drawdown for GVIP was -37.09%, occurring on Oct 14, 2022. Recovery took 573 trading sessions.
The current QDEF drawdown is -1.05%. The current GVIP drawdown is -2.16%.
| Rank | QDEF | GVIP |
|---|---|---|
| #1 | -35.71% Feb 12, 2020 - Dec 17, 2020 | -37.09% Nov 16, 2021 - Feb 29, 2024 |
| #2 | -21.38% Dec 29, 2021 - Jul 19, 2023 | -36.63% Feb 19, 2020 - Jul 20, 2020 |
| #3 | -16.85% Sep 21, 2018 - Mar 21, 2019 | -23.29% Feb 14, 2025 - Jun 26, 2025 |
| #4 | -14.44% Dec 2, 2024 - Jun 12, 2025 | -21.47% Sep 20, 2018 - Apr 10, 2019 |
| #5 | -12.04% May 21, 2015 - Mar 31, 2016 | -13.67% Feb 2, 2026 - Apr 14, 2026 |
| #6 | -9.87% Jan 26, 2018 - Aug 3, 2018 | -10.25% Jul 16, 2024 - Aug 19, 2024 |
| #7 | -8.96% Jul 28, 2023 - Dec 8, 2023 | -9.91% Apr 30, 2019 - Jul 26, 2019 |
| #8 | -6.95% Feb 9, 2026 - Apr 17, 2026 | -9.66% Jan 26, 2018 - Mar 12, 2018 |
| #9 | -6.44% Apr 30, 2019 - Jun 20, 2019 | -9.55% Jul 26, 2019 - Nov 18, 2019 |
| #10 | -6.10% Sep 3, 2014 - Oct 28, 2014 | -9.08% Mar 12, 2018 - Jun 18, 2018 |
| #11 | -5.92% Dec 31, 2013 - Feb 28, 2014 | -8.76% Sep 2, 2020 - Oct 13, 2020 |
| #12 | -5.83% Jul 29, 2019 - Oct 25, 2019 | -7.59% Oct 13, 2020 - Nov 5, 2020 |
| #13 | -5.60% Sep 3, 2021 - Nov 2, 2021 | -7.24% Oct 29, 2025 - Dec 10, 2025 |
| #14 | -5.59% Aug 15, 2016 - Nov 21, 2016 | -7.10% Feb 16, 2021 - Apr 9, 2021 |
| #15 | -5.26% Mar 28, 2024 - May 15, 2024 | -7.04% Apr 29, 2021 - Jun 23, 2021 |
Correlation
Correlation between QDEF and GVIP is 0.97 which considered as a very strong positive correlation - the stocks move almost identically together.
0.97
-101
Dividend Comparison (2012 - 2026)
QDEF vs GVIP dividend yield comparison.
| Year | QDEF | GVIP |
|---|---|---|
| 2026 | 0.23% | 0.00% |
| 2025 | 1.74% | 0.34% |
| 2024 | 1.85% | 0.29% |
| 2023 | 2.21% | 0.77% |
| 2022 | 2.42% | 0.02% |
| 2021 | 1.84% | 0.00% |
| 2020 | 2.50% | 0.12% |
| 2019 | 3.17% | 0.77% |
| 2018 | 7.10% | 0.44% |
| 2017 | 2.70% | 0.45% |
| 2016 | 2.90% | 0.08% |
| 2015 | 3.00% | 0.00% |
| 2014 | 2.52% | 0.00% |
| 2013 | 2.12% | 0.00% |
| 2012 | 0.49% | 0.00% |
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