QIDX vs OVM

Comparison between INDEXPERTS QUALITY EARNINGS FOCUSED ETF (QIDX, ETF) and OVERLAY SHARES MUNICIPAL BOND ETF (OVM, ETF).

QIDX vs OVM - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	QIDX(ETF)	OVM(ETF)
Net Assets	$38M	$38M
Expense Ratio	0.50%	0.81%
Max Drawdown	15.14%	24.24%
Sharpe Ratio	0.75	1.62
5Y Beta	0.71	0.18
P/E Ratio	24.09	N/A
Forward P/E	17.11	N/A
5Y Dividends CAGR	N/A	5.40%
5Y EPS CAGR	17.28%	N/A
Debt to Equity	35.03%	N/A
P/S Ratio	1.50	N/A
P/B Ratio	3.74	N/A

Net Assets

QIDX

$38M

OVM

$38M

Expense Ratio

Winner

QIDX

0.50%

OVM

0.81%

Max Drawdown

Winner

QIDX

15.14%

OVM

24.24%

Sharpe Ratio

QIDX

0.75

Winner

OVM

1.62

5Y Beta

QIDX

0.71

Winner

OVM

0.18

P/E Ratio

QIDX

24.09

OVM

N/A

Forward P/E

QIDX

17.11

OVM

N/A

5Y Dividends CAGR

QIDX

N/A

OVM

5.40%

5Y EPS CAGR

QIDX

17.28%

OVM

N/A

Debt to Equity

QIDX

35.03%

OVM

N/A

P/S Ratio

QIDX

1.50

OVM

N/A

P/B Ratio

QIDX

3.74

OVM

N/A

QIDX vs OVM - Historical Returns

Returns include dividend reinvestment.

Period	QIDX	OVM
1 month	+4.38%	+0.38%
3 months	+8.89%	+1.75%
6 months	+8.66%	+3.80%
1 year	+13.46%	+10.32%
5 years(CAGR)	N/A	+1.33%
Max(CAGR)	+12.27%	+2.68%

Winner

QIDX

+4.38%

OVM

+0.38%

Winner

QIDX

+8.89%

OVM

+1.75%

Winner

QIDX

+8.66%

OVM

+3.80%

Winner

QIDX

+13.46%

OVM

+10.32%

5Y(CAGR)

QIDX

N/A

OVM

+1.33%

Max(CAGR)

Winner

QIDX

+12.27%

OVM

+2.68%

QIDX vs OVM - Annual Returns (2019 - 2026)

Returns include dividend reinvestment.

Year	QIDX	OVM
2026	+8.88%	+3.06%
2025	+8.16%	+4.18%
2024	N/A	+3.99%
2023	N/A	+6.98%
2022	N/A	-11.22%
2021	N/A	+4.98%
2020	N/A	+6.00%
2019	N/A	+1.72%

QIDX vs OVM Drawdown Comparison

The maximum drawdown for QIDX was -14.99%, occurring on Apr 8, 2025. Recovery took 99 trading sessions.

The maximum drawdown for OVM was -15.58%, occurring on Sep 30, 2022. Recovery took 694 trading sessions.

The current OVM drawdown is -0.80%.

Rank	QIDX	OVM
#1	-14.99% Feb 6, 2025 - Jul 1, 2025	-15.58% Dec 28, 2021 - Oct 2, 2024
#2	-6.92% Feb 27, 2026 - Apr 17, 2026	-14.90% Feb 20, 2020 - Jul 9, 2020
#3	-5.80% Oct 27, 2025 - Jan 9, 2026	-8.20% Dec 6, 2024 - Oct 15, 2025
#4	-2.65% Jul 3, 2025 - Aug 12, 2025	-2.44% Feb 27, 2026 - Apr 30, 2026
#5	-2.63% Oct 3, 2025 - Oct 27, 2025	-2.22% Feb 12, 2021 - Apr 15, 2021
#6	-2.06% Apr 30, 2026 - May 26, 2026	-2.12% Oct 2, 2024 - Nov 27, 2024
#7	-1.76% Jan 15, 2026 - Jan 26, 2026	-2.06% Sep 9, 2021 - Dec 28, 2021
#8	-1.73% Jan 29, 2026 - Feb 9, 2026	-1.84% Aug 10, 2020 - Nov 17, 2020
#9	-1.65% Sep 11, 2025 - Oct 3, 2025	-1.50% Oct 27, 2025 - Dec 10, 2025
#10	-1.60% Feb 10, 2026 - Feb 20, 2026	-1.24% May 8, 2026 - May 27, 2026
#11	-1.39% Apr 20, 2026 - Apr 30, 2026	-1.22% Jan 14, 2026 - Feb 2, 2026
#12	-1.37% Jan 6, 2025 - Jan 15, 2025	-1.17% Dec 24, 2020 - Jan 20, 2021
#13	-1.23% Jan 28, 2025 - Feb 5, 2025	-1.07% Jun 4, 2026 - Jun 10, 2026
#14	-1.14% Jan 24, 2025 - Jan 28, 2025	-0.82% May 7, 2021 - May 25, 2021
#15	-1.10% Feb 20, 2026 - Feb 26, 2026	-0.78% Jan 23, 2020 - Feb 11, 2020