QLTY vs HYD

Comparison between GMO U.S. QUALITY ETF (QLTY, ETF) and VANECK HIGH YIELD MUNI ETF (HYD, ETF).

QLTY vs HYD - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	QLTY(ETF)	HYD(ETF)
Net Assets	$4.20B	$4.20B
Expense Ratio	0.50%	0.32%
Max Drawdown	17.13%	36.74%
Sharpe Ratio	1.77	0.69
5Y Beta	0.89	0.05
P/E Ratio	26.42	N/A
Forward P/E	21.77	N/A
PEG Ratio	0.91	N/A
5Y Dividends CAGR	N/A	-0.04%
5Y EPS CAGR	20.02%	N/A
Debt to Equity	48.91%	N/A
P/S Ratio	2.98	N/A
P/B Ratio	5.53	N/A

Net Assets

QLTY

$4.20B

HYD

$4.20B

Expense Ratio

QLTY

0.50%

Winner

HYD

0.32%

Max Drawdown

Winner

QLTY

17.13%

HYD

36.74%

Sharpe Ratio

Winner

QLTY

1.77

HYD

0.69

5Y Beta

QLTY

0.89

Winner

HYD

0.05

P/E Ratio

QLTY

26.42

HYD

N/A

Forward P/E

QLTY

21.77

HYD

N/A

PEG Ratio

QLTY

0.91

HYD

N/A

5Y Dividends CAGR

QLTY

N/A

HYD

-0.04%

5Y EPS CAGR

QLTY

20.02%

HYD

N/A

Debt to Equity

QLTY

48.91%

HYD

N/A

P/S Ratio

QLTY

2.98

HYD

N/A

P/B Ratio

QLTY

5.53

HYD

N/A

QLTY vs HYD - Historical Returns

Returns include dividend reinvestment.

Period	QLTY	HYD
1 month	+4.04%	+0.32%
3 months	+4.59%	+0.74%
6 months	+6.99%	+2.34%
1 year	+24.72%	+6.59%
5 years(CAGR)	N/A	-0.04%
10 years(CAGR)	N/A	+2.01%
Max(CAGR)	+21.45%	+4.76%

Winner

QLTY

+4.04%

HYD

+0.32%

Winner

QLTY

+4.59%

HYD

+0.74%

Winner

QLTY

+6.99%

HYD

+2.34%

Winner

QLTY

+24.72%

HYD

+6.59%

5Y(CAGR)

QLTY

N/A

HYD

-0.04%

10Y(CAGR)

QLTY

N/A

HYD

+2.01%

Max(CAGR)

Winner

QLTY

+21.45%

HYD

+4.76%

QLTY vs HYD - Annual Returns (2009 - 2026)

Returns include dividend reinvestment.

Year	QLTY	HYD
2026	+4.11%	+1.19%
2025	+21.37%	+3.03%
2024	+21.61%	+5.54%
2023	+5.68%	+6.06%
2022	N/A	-15.78%
2021	N/A	+5.36%
2020	N/A	+0.24%
2019	N/A	+9.24%
2018	N/A	+1.99%
2017	N/A	+9.96%
2016	N/A	+0.04%
2015	N/A	+4.86%
2014	N/A	+14.42%
2013	N/A	-8.80%
2012	N/A	+15.72%
2011	N/A	+10.69%
2010	N/A	+0.26%
2009	N/A	+23.80%

QLTY vs HYD Drawdown Comparison

The maximum drawdown for QLTY was -17.00%, occurring on Apr 8, 2025. Recovery took 89 trading sessions.

The maximum drawdown for HYD was -35.61%, occurring on Mar 18, 2020. Recovery took 313 trading sessions.

The current QLTY drawdown is -0.74%. The current HYD drawdown is -2.87%.

Rank	QLTY	HYD
#1	-17.00% Feb 19, 2025 - Jun 27, 2025	-35.61% Feb 26, 2020 - May 24, 2021
#2	-11.71% Jan 12, 2026 - May 5, 2026	-20.72% Aug 3, 2021 - Oct 24, 2022
#3	-7.03% Jul 16, 2024 - Aug 30, 2024	-15.48% May 24, 2013 - Oct 8, 2014
#4	-4.36% Oct 14, 2024 - Dec 2, 2024	-11.12% Oct 25, 2010 - Aug 2, 2011
#5	-4.35% Oct 27, 2025 - Nov 25, 2025	-10.52% Sep 6, 2016 - Aug 3, 2017
#6	-4.24% Mar 27, 2024 - May 10, 2024	-7.05% Aug 3, 2011 - Sep 16, 2011
#7	-4.17% Dec 4, 2024 - Jan 23, 2025	-5.41% Oct 5, 2009 - May 12, 2010
#8	-3.31% Aug 30, 2024 - Sep 13, 2024	-4.66% Dec 6, 2012 - Jan 22, 2013
#9	-3.29% May 22, 2024 - Jun 11, 2024	-4.02% Apr 17, 2015 - Oct 2, 2015
#10	-3.05% Oct 6, 2025 - Oct 20, 2025	-3.60% Jun 5, 2009 - Aug 21, 2009
#11	-2.97% Jul 25, 2025 - Aug 13, 2025	-3.34% Aug 24, 2018 - Feb 26, 2019
#12	-2.49% Dec 11, 2025 - Dec 24, 2025	-2.50% Feb 2, 2015 - Mar 24, 2015
#13	-1.94% Sep 22, 2025 - Oct 1, 2025	-2.35% Sep 22, 2011 - Dec 21, 2011
#14	-1.84% Sep 30, 2024 - Oct 11, 2024	-1.86% Mar 9, 2012 - Mar 27, 2012
#15	-1.58% Jan 29, 2024 - Feb 2, 2024	-1.86% Mar 26, 2009 - Apr 22, 2009

Correlation

Correlation between QLTY and HYD is 0.90 which considered as a strong positive correlation - the stocks tend to move together.

0.90

-101

Dividend Comparison (2009 - 2026)

QLTY vs HYD dividend yield comparison.

Year	QLTY	HYD
2026	0.15%	1.47%
2025	0.73%	4.29%
2024	0.79%	4.29%
2023	0.15%	4.13%
2022	0.00%	3.96%
2021	0.00%	3.50%
2020	0.00%	4.01%
2019	0.00%	4.08%
2018	0.00%	4.43%
2017	0.00%	4.29%
2016	0.00%	4.58%
2015	0.00%	4.82%
2014	0.00%	4.98%
2013	0.00%	6.34%
2012	0.00%	5.00%
2011	0.00%	5.86%
2010	0.00%	6.93%
2009	0.00%	5.72%