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FMCE vs QIDX

FM Compounders Equity ETF

FMCEDNYSE Arca

Indexperts Quality Earnings Focused ETF

QIDXBNYSE Arca

Overlap

Expense ratio

QIDX −0.21pt a year

FMCE0.71%QIDX0.50%

Avg volume · 30D

QIDX 19.4×the volume

FMCE203QIDX3.94K

FMCE vs QIDX Performance

Oct 31, 2025 – Oct 30, 2026

+9.8%FMCE+8.2%QIDX

Oct 31, 2025 to Oct 30, 2026. FMCE +9.8%. QIDX +8.2%. Use the arrow keys to read each point.−5%0%5%Oct 2025Apr 2026Oct 2026
Expense ratio
FMCE 0.71%
QIDX 0.50%, better
Fund size
FMCE $69M
QIDX $39M
1Y total return
FMCE +9.8%, better
QIDX +8.2%
Yield (12M)
FMCE 2.83%, better
QIDX 0.92%
Holdings
FMCE 31
QIDX 130
Avg volume (30D)
FMCE 203 sh
QIDX 3.94K sh, better
NAV per share
FMCE $28.59
QIDX $11.50
52W range

ETF.net Grade

FMCE: Cost 38, Risk 68, Mission not scored, Tradability 4, Holdings 44, Durability 58. QIDX: Cost 75, Risk 76, Mission not scored, Tradability 23, Holdings 93, Durability 45.
Pillar letters and Scores for FMCE, QIDX, with each pillar’s weight
PillarFMCEQIDX
Cost30% weightD38A75Higher
Mission25% weightNot scoredNot scored
Risk15% weightB68A76Higher
Tradability15% weightF4F23Higher
Holdings10% weightC44A93Higher
Durability5% weightB58HigherC45

Rank among US Active Quality funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. FMCE and QIDX are both graded against the same 16 US Active Quality funds, so their Grades compare head to head.

US Active Quality⁠

Category · 16 funds
See all 16 ›

QIDX ranks 4th and FMCE 10th of 16 funds in the US Active Quality Category.

  1. Rank 1ANPFENpf Core Equity EtfScore 79
  2. Rank 2AQLTYGMO US Quality ETFScore 75
  3. Rank 3BAQECAQE Core ETFScore 66
  4. Rank 4BQIDXIndexperts Quality Earnings Focused ETFScore 64
  5. Rank 5BQFFQualivian Focus Fund ETFScore 58
  6. Rank 9CEQTYKovitz Core Equity ETFScore 47
  7. Rank 10DFMCEFM Compounders Equity ETFScore 39
  8. Rank 11DBWTGBrendan Wood TopGun ETFScore 34

Our read on each fund

ETF.net Research

FMCEDFM Compounders Equity ETF

QIDXBIndexperts Quality Earnings Focused ETF

In short

FMCE The house stock strategy of First Manhattan, the New York firm Sandy Gottesman founded in 1964, in an ETF wrapper: 25 to 35 US companies picked for durable free cash flow. Concentrated by design, 0.71% with no fee waiver.

QIDX An active quality fund stitched from Indexperts' own house indexes: steady-earnings names across large, mid and small caps, with a manager free to override the rules. It charges less than the typical fund in its peer group.

Stated mandate

FMCE The Fund seeks long-term capital appreciation.

QIDX The Fund seeks total return.

Why people hold it

  • FMCE First Manhattan, founded in 1964 by early Berkshire Hathaway investor and board member Sandy Gottesman, spent six decades running private-client money before putting this strategy in an ETF.wikipedia.orgwikipedia.org 2
  • A genuine 25 to 35 stock portfolio, not a broad index wearing a quality label. Each name has to earn its slot.yahoo.com
  • The mandate is plain: US common stocks, chosen for moats and free cash flow, held for long-term capital appreciation. That is the whole compounders idea in the name.
  • QIDX Charges 0.50% a year, below the median for its quality-focused peer group and about half what the priciest name in that group (EQTY, 0.99%) asks.
  • Rules first, judgment second: the portfolio is drawn from Indexperts' own growth and consistent-value indexes, with the advisor free to trim or exclude.sec.gov
  • Reaches across large, mid and small caps instead of hugging a handful of mega caps, and the portfolio build ranks among the stronger ones in its peer group.sec.gov
  • A plain 1940 Act equity fund seeking total return, with cash paid out quarterly. No leverage, no options overlay, no derivatives wrapper to decode.

Worth knowing

  • FMCE 0.71% with no fee waiver sits above the category median (16 funds priced), and quality peers undercut it: PSET at 0.15%, QLTY at 0.50%.
  • Non-diversified and tightly held. With a few dozen names, one stumble lands harder here than in a broad-market fund.yahoo.com
  • Launched November 2024, so the track record is thin, it remains a smaller fund, and it trades lightly, which can mean wider spreads.
  • QIDX Listed at the end of 2024, so the track record is short and any read on its risk profile rests on limited history.
  • Small and thinly traded: spreads can run wider than on giant index funds, and size of order matters more.
  • You are paying 0.50% for a manager's judgment when index-built quality rivals like PSET run 0.15%.

Full FMCE profile⁠

Full QIDX profile⁠

FMCE vs QIDX Holdings

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

FMCE vs QIDX Cost

Overpaying FMCE vs QIDX

$3,803

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • FMCE 0.71%

    $13,782

  • QIDX 0.50%

    $9,979

$10,000
30 years

Cost over time

  • FMCE 0.71%
  • QIDX 0.50%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K051015202530FMCE $13,782QIDX $9,979

Year by year

YearFMCEQIDXOverpaying
10$1,267$900$367
20$4,824$3,460$1,364
30$13,782$9,979$3,803

Expense ratio

  • 0.71%FMCE
  • 0.50%QIDX, cheaper
  • Middle half of US Active Quality funds
  • Median 0.65%

QIDX 4th cheapest of 16 funds

FMCE 9th cheapest of 16 funds

FMCE vs QIDX Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
FMCE 2.83%, better
QIDX 0.92%
Payout (12M)
FMCE $0.81
QIDX $0.11
Last payment
FMCE $0.03
QIDX $0.03
Ex-dividend
FMCE Jun 24, 2026
QIDX Sep 29, 2026
Paid on
FMCE Jun 29, 2026
QIDX Sep 30, 2026
Frequency
FMCE Twice a year
QIDX Quarterly

Distribution history

Per share, 2024 to 2026, same scale for both

FMCETwice a year · 4 paymentsAll FMCE payments⁠
One bar per payment. 4 payments from 2024 to 2026 YTD. Dec 16, 2024 $0.05; Jun 24, 2025 $0.06; Dec 16, 2025 $0.78; Jun 24, 2026 $0.03. Use the arrow keys to read each point.$0$0.502026YTD
QIDXQuarterly · 7 paymentsAll QIDX payments⁠
One bar per payment. 7 payments from 2024 to 2026 YTD. Mar 28, 2025 $0.02; Jun 27, 2025 $0.02; Sep 29, 2025 $0.02; Dec 30, 2025 $0.03; Mar 30, 2026 $0.03; Jun 29, 2026 $0.03; Sep 29, 2026 $0.03. Use the arrow keys to read each point.$0$0.502026YTD

FMCE vs QIDX Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
FMCE 11.3%since Dec 2024QIDX 9.9%since Feb 2025
Return per unit of riskSharpe ratio, 3 years
FMCE 0.35since Dec 2024QIDX 0.25since Feb 2025
Worst fallMax drawdown, 5 years
FMCE −11.7%since Nov 2024QIDX −15.0%since Jan 2025
Market sensitivityBeta, 5 years
FMCE 0.78QIDX 0.57

FMCE and QIDX in the news

All news⁠

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