NPFE vs QIDX: Grades, Fees and Holdings Compared

Npf Core Equity Etf

NPFEACboe

Indexperts Quality Earnings Focused ETF

QIDXBNYSE Arca

Overlap

15.8%by weight

Expense ratio

NPFE −0.10pt a year

NPFE0.40%QIDX0.50%

Avg volume · 30D

NPFE 2.6×the volume

NPFE10.1KQIDX3.94K

NPFE vs QIDX Performance

Jul 31, 2026 – Oct 30, 2026

+1.8%NPFE−2.1%QIDX

Expense ratio: NPFE 0.40%, better; QIDX 0.50%
Fund size: NPFE $655M; QIDX $39M
1Y total return: NPFE No data; QIDX +8.2%
Yield (12M): NPFE No data; QIDX 0.92%
Holdings: NPFE 162; QIDX 130
Avg volume (30D): NPFE 10.1K sh, better; QIDX 3.94K sh
NAV per share: NPFE $28.20; QIDX $11.50
52W range

ETF.net Grade

Pillar letters and Scores for NPFE, QIDX, with each pillar’s weight
Pillar	NPFE	QIDX
Cost30% weight	A94Higher	A75
Mission25% weight	Not scored	Not scored
Risk15% weight	A83Higher	A76
Tradability15% weight	B63Higher	F23
Holdings10% weight	B69	A93Higher
Durability5% weight	B55Higher	C45

Rank among US Active Quality funds

How we build Categories ›

Same Category. NPFE 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 ›

NPFE ranks 1st and QIDX 4th of 16 funds in the US Active Quality Category.

Rank 1ANPFENpf Core Equity EtfScore 79
Rank 2AQLTYGMO US Quality ETFScore 75
Rank 3BAQECAQE Core ETFScore 66
Rank 4BQIDXIndexperts Quality Earnings Focused ETFScore 64
Rank 5BQFFQualivian Focus Fund ETFScore 58

Our read on each fund

ETF.net Research

NPFEANpf Core Equity Etf

QIDXBIndexperts Quality Earnings Focused ETF

In short

NPFE No data

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

NPFE No data

QIDX The Fund seeks total return.

Why people hold it

NPFE No data

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

NPFE No data

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 NPFE profile⁠

Full QIDX profile⁠

NPFE vs QIDX Holdings

How NPFE and QIDX differ

Overlap by weight

15.8%

Shared holdings make up 42.1% of NPFE and 31.1% of QIDX.

Level by level

Holdings26 in both15.8%
Countryby domicile97.0%
Asset classEquity100%

Sector

No Sector split for QIDX.

Country, concentration and asset class

Country by domicile

Country weights in NPFE and QIDX, widest gap first
Country	More in NPFEMore in QIDX	NPFE	QIDX
Taiwan	NPFE +2.8 points	2.8%	0.0%
United States	QIDX +1.9 points	97.0%	98.8%
Singapore	QIDX +0.6 points	0.0%	0.6%
Sweden	QIDX +0.5 points	0.0%	0.5%
Other countries (5)	NPFE +0.2 points	0.1%	0.0%

Concentration

Weight in the 10 largest Holdings

NPFE44.1%
QIDX25.3%

Securities held

NPFE162
QIDX129

Asset class

NPFE: Equity
QIDX: Equity

Holdings

Only in NPFE136
In both26
Only in QIDX103

Only in NPFE

136 securities, 57.9% of NPFE by weight

Ball Corp4.13%
Visa Inc3.98%
Amazon.com Inc3.74%
NVIDIA Corp3.57%
Danaher Corp3.40%
Applied Materials Inc3.33%
Merck & Co Inc3.17%
Taiwan Semiconductor Manufacturing Co Ltd ADR2.93%
Moody's Corp2.82%
Union Pacific Corp2.71%
Waste Management Inc2.68%
Sherwin-Williams Co/The2.28%
Coherent Corp1.86%
Motorola Solutions Inc1.82%
Ecolab Inc1.54%
Eaton Corp PLC1.54%
Trimble Inc1.41%
EPAM Systems Inc1.32%
Entegris Inc1.26%
SS&C Technologies Holdings Inc1.26%
Meta Platforms Inc1.21%
Tyler Technologies Inc1.15%
Zebra Technologies Corp0.90%
Nordson Corp0.88%
Home Depot Inc/The0.82%
Viking Holdings Ltd0.66%
State Street Inst U.s. Government Mmkt Admn Class0.14%
Intuitive Surgical Inc0.06%
Broadcom Inc0.06%
Goldman Sachs Group Inc/The0.05%
Norfolk Southern Corp0.05%
PepsiCo Inc0.04%
Advanced Micro Devices Inc0.03%
Analog Devices Inc0.03%
Rolls-Royce Holdings PLC0.03%
3M Co0.03%
Automatic Data Processing Inc0.03%
Lincoln Electric Holdings Inc0.03%
Parker-Hannifin Corp0.03%
Mondelez International Inc0.03%
Phillips 660.03%
Ally Financial Inc0.03%
Kinder Morgan Inc0.03%
Deere & Co0.02%
Canadian National Railway Co0.02%
CSX Corp0.02%
Sysco Corp0.02%
Otis Worldwide Corp0.02%
Cincinnati Financial Corp0.02%
Philip Morris International Inc0.02%

Only in QIDX

103 securities, 66.4% of QIDX by weight

Xom2.51%
Apple, Inc.2.49%
HEICO Corporation2.44%
Walmart Inc.1.85%
F5 Ord1.81%
Cisco Systems, Inc.1.80%
Costco Wholesale Corporation1.49%
Kroger Co.1.41%
S&P Global, Inc.1.38%
AutoZone, Inc.1.28%
Eli Lilly and Company1.26%
Cognizant Technology Solutions Corporation Class A1.19%
NRG Energy, Inc.1.15%
Amphenol Class A Ord1.15%
VICI Properties Inc1.11%
Palo Alto Networks, Inc.1.11%
Hormel Foods Corporation1.06%
Regeneron Pharmaceuticals, Inc.1.00%
JPMorgan Chase Ord0.97%
T-Mobile US, Inc.0.94%
Aecom Ord0.91%
Hilton Worldwide Holdings Inc.0.87%
Gev0.86%
Travelers Companies, Inc.0.84%
Royal Caribbean Group Ord0.81%
Graham Holdings Class B Ord0.80%
Acadian Asset Management Inc0.79%
Vertex Pharmaceuticals Ord0.77%
Dorman Products Ord0.75%
Caterpillar Inc.0.71%
Timken Company0.70%
Ralph Lauren Corporation Class A0.70%
Comfort Systems USA, Inc.0.68%
Jones Lang LaSalle Incorporated0.67%
Centene Corporation0.67%
Casey's General Stores, Inc.0.65%
PACCAR Inc0.65%
Hanover Insurance Group, Inc.0.64%
Caci International Class A Ord0.61%
Matson, Inc.0.61%
Ichor Holdings, Ltd.0.60%
Packaging Corporation of America0.59%
Teekay Tankers Ltd Class A0.58%
FirstCash Holdings, Inc.0.58%
DexCom, Inc.0.56%
Fox Class A Ord0.55%
American Financial Group, Inc.0.55%
Autoliv Inc.0.52%
Curtiss-Wright Corporation0.52%
ArcBest Corporation0.52%

Weight gaps

All 26 Holdings in both funds, largest gap first.

Holding weights in NPFE and QIDX, widest gap first
Holding	More in NPFEMore in QIDX	NPFE	QIDX
Microsoft CorpMSFT	NPFE +10.40 points	11.09%	0.69%
Allison Transmission HoldingsALSN	NPFE +3.17 points	3.65%	0.48%
Arista Networks IncANET	QIDX +3.08 points	0.60%	3.68%
Verisk Analytics IncVRSK	NPFE +2.80 points	3.16%	0.36%
Linde PLCLIN	NPFE +2.36 points	3.03%	0.67%
Berkshire Hathaway Inc CL BBRK.B	NPFE +2.03 points	3.61%	1.58%
Altria Group IncMO	QIDX +1.89 points	<0.01%	1.90%
Mastercard IncMA	NPFE +1.86 points	2.50%	0.64%
Williams Cos Inc/TheWMB	QIDX +1.85 points	<0.01%	1.86%
Cencora IncCOR	QIDX +1.75 points	0.01%	1.76%
Verizon Communications IncVZ	QIDX +1.48 points	<0.01%	1.48%
International Business MachineIBM	QIDX +1.36 points	<0.01%	1.37%
Abbott LaboratoriesABT	NPFE +1.29 points	2.46%	1.17%
Knight-Swift Transportation Holdings IncKNX	NPFE +1.17 points	1.80%	0.63%
Thermo Fisher Scientific IncTMO	QIDX +1.01 points	2.44%	3.45%
Alphabet IncGOOGL	NPFE +0.98 points	3.59%	2.61%
American Express CoAXP	QIDX +0.61 points	0.03%	0.64%
O'Reilly Automotive IncORLY	QIDX +0.55 points	0.01%	0.56%
Lowe's Cos IncLOW	QIDX +0.55 points	<0.01%	0.55%
Fiserv IncFI	QIDX +0.41 points	<0.01%	0.41%
Netflix IncNFLX	QIDX +0.32 points	<0.01%	0.32%
Stryker CorpSYK	QIDX +0.25 points	0.90%	1.15%
TJX Cos Inc/TheTJX	NPFE +0.16 points	0.80%	0.64%
Cadence Design Systems IncCDNS	QIDX +0.13 points	0.49%	0.62%
KLA CorpKLAC	NPFE +0.10 points	1.40%	1.30%
Synopsys IncSNPS	QIDX +0.06 points	0.48%	0.54%

All NPFE holdings⁠All 130 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.

NPFE vs QIDX Cost

Overpaying QIDX vs NPFE

$1,889

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

NPFE 0.40%
$8,090
QIDX 0.50%
$9,979

Amount$10,000

Years30 years

Cost over time

NPFE 0.40%
QIDX 0.50%
Overpaying

Year by year

Year	NPFE	QIDX	Overpaying
10	$723	$900	$177
20	$2,793	$3,460	$667
30	$8,090	$9,979	$1,889

Expense ratio

0.40%NPFE, cheaper
0.50%QIDX

NPFE0.40%QIDX0.50%

0.40%1.52%

Middle half of US Active Quality funds
Median 0.65%

NPFE cheapest of 16 funds

QIDX 4th cheapest of 16 funds

NPFE vs QIDX Dividends

Last 12 months to Oct 30, 2026

Yield (12M): NPFE No data; QIDX 0.92%
Payout (12M): NPFE No data; QIDX $0.11
Last payment: NPFE $0.08; QIDX $0.03
Ex-dividend: NPFE Sep 29, 2026; QIDX Sep 29, 2026
Paid on: NPFE Sep 30, 2026; QIDX Sep 30, 2026
Frequency: NPFE Irregular; QIDX Quarterly

Distribution history

Per share, 2025 to 2026, same scale for both

NPFEIrregular · 1 paymentAll NPFE payments⁠

QIDXQuarterly · 7 paymentsAll QIDX payments⁠

NPFE vs QIDX Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years: NPFE No dataQIDX 9.9%since Feb 2025
Return per unit of riskSharpe ratio, 3 years: NPFE No dataQIDX 0.25since Feb 2025
Worst fallMax drawdown, 5 years: NPFE No dataQIDX −15.0%since Jan 2025
Market sensitivityBeta, 5 years: NPFE 0.48QIDX 0.57; Market = 1

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