OTAX vs QIDX: Grades, Fees and Holdings Compared

Optimal Tax Managed Equity ETF

OTAX—NYSE

Indexperts Quality Earnings Focused ETF

QIDXBNYSE Arca

Overlap

16.6%by weight

Expense ratio

QIDX −0.08pt a year

OTAX0.58%QIDX0.50%

Avg volume · 30D

OTAX 4.9×the volume

OTAX19.5KQIDX3.94K

OTAX vs QIDX Performance

Oct 2, 2026 – Nov 2, 2026

−4.2%OTAX+0.8%QIDX

Expense ratio: OTAX 0.58%; QIDX 0.50%, better
Fund size: OTAX $74M; QIDX $39M
1Y total return: OTAX No data; QIDX +8.7%
Yield (12M): OTAX No data; QIDX 0.91%
Holdings: OTAX 236; QIDX 130
Avg volume (30D): OTAX 19.5K sh, better; QIDX 3.94K sh
NAV per share: OTAX $48.60; QIDX $11.55
52W range

ETF.net Grade

—OTAXNot yet graded

Pillar letters and Scores for OTAX, QIDX, with each pillar’s weight
Pillar	OTAX	QIDX
Cost30% weight	Not scored	A75
Mission25% weight	Not scored	Not scored
Risk15% weight	Not scored	A76
Tradability15% weight	Not scored	F23
Holdings10% weight	Not scored	A93
Durability5% weight	Not scored	C45

Rank among US Active Quality funds

How we build Categories ›

US Active Quality⁠

Category · 16 funds

See all 16 ›

QIDX ranks 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
OTAXNot yet graded

Our read on each fund

ETF.net Research

OTAX—Optimal Tax Managed Equity ETF

QIDXBIndexperts Quality Earnings Focused ETF

In short

OTAX 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

OTAX No data

QIDX The Fund seeks total return.

Why people hold it

OTAX 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

OTAX 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 OTAX profile⁠

Full QIDX profile⁠

OTAX vs QIDX Holdings

How OTAX and QIDX differ

Overlap by weight

16.6%

Shared holdings make up 40.3% of QIDX and 24.0% of OTAX.

Level by level

Holdings31 in both16.6%
Countryby domicile94.9%
Asset classEquity100%

Sector

No Sector split for OTAX and QIDX.

Country, concentration and asset class

Country by domicile

Country weights in OTAX and QIDX, widest gap first
Country	More in OTAXMore in QIDX	OTAX	QIDX
United States	QIDX +4.0 points	94.9%	98.8%
Taiwan	OTAX +3.4 points	3.4%	0.0%
Singapore	QIDX +0.6 points	0.0%	0.6%
Canada	OTAX +0.6 points	0.6%	0.0%
Sweden	QIDX +0.5 points	0.0%	0.5%
Other countries (13)	OTAX +1.2 points	1.2%	0.0%

Concentration

Weight in the 10 largest Holdings

OTAX37.5%
QIDX25.0%

Securities held

OTAX236
QIDX129

Asset class

OTAX: Equity
QIDX: Equity

Holdings

Only in OTAX205
In both31
Only in QIDX98

Only in OTAX

205 securities, 76.0% of OTAX by weight

Columbia Research Enhanced Core ETF8.19%
NVIDIA Corp4.98%
Vanguard S&P 500 ETF3.11%
Taiwan Semiconductor Manufacturing Co Ltd2.87%
Amazon.com Inc2.52%
Snowflake Inc2.31%
Broadcom Inc1.99%
Merck & Co Inc1.85%
Alphabet Inc1.47%
Tesla Inc1.39%
Meta Platforms Inc1.38%
Dell Technologies Inc1.31%
Vanguard Dividend Appreciation ETF1.22%
Micron Technology Inc0.98%
Vanguard Information Technology ETF0.82%
Advanced Micro Devices Inc0.82%
Crowdstrike Holdings Inc0.75%
Eaton Corp PLC0.74%
Visa Inc0.72%
AbbVie Inc0.69%
Johnson & Johnson0.67%
Invesco QQQ Trust Series 10.63%
ATI Inc0.56%
iShares Core S&P Small-Cap ETF0.54%
Ares Management Corp0.49%
Morgan Stanley0.48%
SM Energy Co0.47%
Chevron Corp0.47%
CF Industries Holdings Inc0.45%
Tenet Healthcare Corp0.43%
ONEOK Inc0.42%
Goldman Sachs Group Inc/The0.42%
Palantir Technologies Inc0.39%
Texas Instruments Inc0.39%
Coca-Cola Consolidated Inc0.38%
State Street SPDR Dow Jones Industrial Average ETF Trust0.38%
Simon Property Group Inc0.38%
Procter & Gamble Co/The0.38%
Hasbro Inc0.37%
Etsy Inc0.37%
UnitedHealth Group Inc0.37%
First American Government Obligations Fund 12/01/20310.37%
Coca-Cola Co/The0.37%
Brinker International Inc0.36%
Exelixis Inc0.36%
APA Corp0.36%
FT Vest Laddered Buffer ETF0.35%
Host Hotels & Resorts Inc0.34%
Home Depot Inc/The0.34%
RingCentral Inc0.34%

Only in QIDX

98 securities, 57.2% of QIDX by weight

HEICO Corporation2.55%
Altria Group Ord1.87%
Cencora, Inc.1.79%
F5 Ord1.73%
Verizon Communications Ord1.49%
Kroger Co.1.44%
S&P Global, Inc.1.40%
AutoZone, Inc.1.31%
Stryker Corporation1.21%
Cognizant Technology Solutions Corporation Class A1.19%
VICI Properties Inc1.13%
NRG Energy, Inc.1.13%
Hormel Foods Corporation1.06%
Regeneron Pharmaceuticals, Inc.1.03%
Aecom Ord0.94%
Hilton Worldwide Holdings Inc.0.89%
Travelers Companies, Inc.0.84%
Royal Caribbean Group Ord0.84%
Graham Holdings Class B Ord0.82%
Acadian Asset Management Inc0.78%
Dorman Products Ord0.77%
Vertex Pharmaceuticals Ord0.75%
Timken Company0.72%
Ralph Lauren Corporation Class A0.70%
Comfort Systems USA, Inc.0.66%
PACCAR Inc0.65%
Centene Corporation0.65%
Casey's General Stores, Inc.0.64%
Knight-Swift Transportation Holdings Inc. Class A0.63%
Cadence Design Systems, Inc.0.62%
FirstCash Holdings, Inc.0.62%
Caci International Class A Ord0.62%
Packaging Corporation of America0.60%
O'Reilly Automotive, Inc.0.57%
DexCom, Inc.0.57%
Ichor Holdings, Ltd.0.56%
American Financial Group, Inc.0.55%
Teekay Tankers Ltd Class A0.55%
Fox Class A Ord0.55%
Autoliv Inc.0.54%
ArcBest Corporation0.54%
Synopsys, Inc.0.54%
Curtiss-Wright Corporation0.53%
Acuity Brands, Inc.0.53%
Ryder System, Inc.0.52%
Cigna Group0.51%
Rogers Corporation0.50%
Crane NXT, Co.0.50%
Murphy USA, Inc.0.49%
Progressive Corporation0.49%

Weight gaps

All 31 Holdings in both funds, largest gap first.

Holding weights in OTAX and QIDX, widest gap first
Holding	More in OTAXMore in QIDX	OTAX	QIDX
Microsoft CorpMSFT	OTAX +3.44 points	4.11%	0.67%
Arista Networks IncANET	QIDX +3.36 points	0.20%	3.56%
Thermo Fisher Scientific IncTMO	QIDX +3.06 points	0.30%	3.36%
Apple IncAAPL	OTAX +2.64 points	5.08%	2.44%
ExxonMobil Holdings CorpXOM	QIDX +1.60 points	0.80%	2.40%
Walmart IncWMT	QIDX +1.36 points	0.54%	1.90%
Cisco Systems IncCSCO	QIDX +1.33 points	0.42%	1.75%
Palo Alto Networks IncPANW	OTAX +1.29 points	2.35%	1.06%
Williams Cos Inc/TheWMB	QIDX +1.16 points	0.61%	1.77%
Abbott LaboratoriesABT	QIDX +1.10 points	0.11%	1.21%
International Business Machines CorpIBM	QIDX +1.06 points	0.28%	1.34%
Costco Wholesale CorpCOST	QIDX +1.05 points	0.48%	1.53%
Kla CorpKLAC	QIDX +1.01 points	0.24%	1.25%
Amphenol CorpAPH	QIDX +0.93 points	0.22%	1.15%
Alphabet IncGOOGL	QIDX +0.88 points	1.71%	2.59%
Berkshire Hathaway IncBRK.B	QIDX +0.85 points	0.77%	1.62%
American Express CoAXP	QIDX +0.61 points	0.04%	0.65%
GE Vernova IncGEV	QIDX +0.59 points	0.27%	0.86%
T-Mobile US IncTMUS	QIDX +0.56 points	0.40%	0.96%
TJX Cos Inc/TheTJX	QIDX +0.47 points	0.17%	0.64%
Lowe's Cos IncLOW	QIDX +0.44 points	0.13%	0.57%
Linde PLCLIN	QIDX +0.40 points	0.28%	0.68%
Hanover Insurance Group Inc/TheTHG	QIDX +0.36 points	0.29%	0.65%
Jones Lang LaSalle IncJLL	QIDX +0.34 points	0.37%	0.71%
Matson IncMATX	QIDX +0.34 points	0.26%	0.60%
Caterpillar IncCAT	QIDX +0.26 points	0.43%	0.69%
Allison Transmission Holdings IncALSN	QIDX +0.24 points	0.26%	0.50%
Mastercard IncMA	QIDX +0.14 points	0.52%	0.66%
JPMorgan Chase & Co.JPM	QIDX +0.07 points	0.91%	0.98%
Eli Lilly & CoLLY	QIDX +0.06 points	1.18%	1.24%
Netflix IncNFLX	QIDX +0.06 points	0.26%	0.32%

All OTAX 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.

OTAX vs QIDX Cost

Overpaying OTAX vs QIDX

$1,474

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

OTAX 0.58%
$11,453
QIDX 0.50%
$9,979

Amount$10,000

Years30 years

Cost over time

OTAX 0.58%
QIDX 0.50%
Overpaying

Year by year

Year	OTAX	QIDX	Overpaying
10	$1,041	$900	$141
20	$3,986	$3,460	$526
30	$11,453	$9,979	$1,474

Expense ratio

0.58%OTAX
0.50%QIDX, cheaper

QIDX0.50%OTAX0.58%

0.40%1.52%

Middle half of US Active Quality funds
Median 0.65%

QIDX 4th cheapest of 16 funds

OTAX 8th cheapest of 16 funds

OTAX vs QIDX Dividends

Last 12 months to Nov 2, 2026

Yield (12M): OTAX No data; QIDX 0.91%
Payout (12M): OTAX None; QIDX $0.11
Last payment: OTAX No data; QIDX $0.03
Ex-dividend: OTAX No data; QIDX Sep 29, 2026
Paid on: OTAX No data; QIDX Sep 30, 2026
Frequency: OTAX No data; QIDX Quarterly

Distribution history

Per share, 2025 to 2026, same scale for both

OTAXAll OTAX payments⁠

No distribution history available.

QIDXQuarterly · 7 paymentsAll QIDX payments⁠

OTAX vs QIDX Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years: OTAX No dataQIDX 9.9%since Feb 2025
Return per unit of riskSharpe ratio, 3 years: OTAX No dataQIDX 0.25since Feb 2025
Worst fallMax drawdown, 5 years: OTAX No dataQIDX −15.0%since Jan 2025
Market sensitivityBeta, 5 years: OTAX 0.00QIDX 0.57; Market = 1

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