Natixis ETF (GQI) Valuation
GQI valuation today
Holdings combined · company data as of Oct 26, 2026- P/E (TTM)
- 24.9 trailing earnings
- Forward P/E
- 19.7 analyst estimates
- Price / sales
- 2.05
- Price / book
- 7.62
- EV / EBITDA
- 17.0
- Earnings yield
- 4.02% inverse of P/E
- Dividend yield
- 0.82% of the holdings
- Return on equity
- 30.7% combined
- Net margin
- 8.2% combined
- Beta
- 1.15 weighted, vs S&P 500
GQI valuation vs other stock ETFs
| ETF | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE | Net margin | Loss-makers |
|---|---|---|---|---|---|---|---|---|
| GQI | 24.9 | 19.7 | 2.05 | 7.62 | 0.82% | 30.7% | 8.2% | 0.8% |
| SPY | 25.9 | 19.9 | 3.67 | 5.47 | 1.08% | 21.1% | 14.2% | 1.9% |
| QQQ | 34.2 | 23.4 | 5.93 | 9.27 | 0.58% | 27.1% | 17.4% | 6.9% |
| DIA | 20.9 | 18.4 | 3.16 | 5.52 | 1.55% | 26.4% | 15.1% | 0.0% |
| VTI | 28.2 | 19.4 | 3.31 | 5.00 | 1.07% | 17.7% | 11.8% | 4.6% |
| IWM | n/m | 13.9 | 1.25 | 2.03 | 1.38% | −1.7% | −1.0% | 28.1% |
Same method for every fund. n/m = not meaningful (combined trailing earnings below zero or close to it). Loss-makers = weight of holdings with negative trailing earnings.
GQI valuation by sector
| Sector | Weight | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE |
|---|---|---|---|---|---|---|---|
| Technology | 34.0% | 30.3 | 22.5 | 6.40 | 15.34 | 0.48% | 50.6% |
| Healthcare | 10.0% | 34.4 | 20.0 | 0.71 | 11.38 | 0.71% | 33.1% |
| Consumer Cyclical | 9.3% | 20.7 | 20.5 | 1.93 | 6.99 | 0.67% | 33.9% |
| Financial Services | 8.9% | 15.9 | 15.9 | 2.66 | 3.05 | 1.41% | 19.2% |
| Communication Services | 8.2% | 19.7 | 22.1 | 8.60 | 7.58 | 0.23% | 38.4% |
| Industrials | 7.0% | 27.9 | 23.3 | 2.47 | 11.76 | 1.32% | 42.2% |
| Consumer Defensive | 5.7% | 34.4 | 20.0 | 0.76 | 5.73 | 1.84% | 16.6% |
| Energy | 4.1% | 17.2 | 9.6 | 1.04 | 3.28 | 1.52% | 19.1% |
| Basic Materials | 0.9% | 15.8 | 11.3 | 2.56 | 3.34 | 0.98% | 21.1% |
| Utilities | 0.5% | 26.2 | 17.7 | 2.93 | 4.17 | 0.62% | 15.9% |
| Real Estate | 0.3% | 28.5 | 27.2 | 11.35 | 11.18 | 4.02% | 39.3% |
GQI earnings yield vs bond yields
Earnings yield = earnings ÷ price (1 ÷ P/E). The gap to bond yields is a rough gauge of the extra return stocks are priced to deliver.
How GQI weight splits by P/E
Share of the covered weight in companies with a trailing P/E in each range.
GQI largest holdings: valuation
| Symbol | Company | Weight | P/E | Fwd P/E | P/S | Div. yield | Share of earnings |
|---|---|---|---|---|---|---|---|
| NVDA | NVIDIA Corporation | 7.59% | 27.1 | 24.9 | 17.1 | 0.47% | 7.85% |
| AAPL | Apple Inc. | 7.54% | 39.4 | 35.2 | 10.7 | 0.31% | 5.36% |
| GOOGL | Alphabet Inc. | 4.85% | 17.1 | 22.8 | 9.3 | 0.26% | 7.95% |
| MSFT | Microsoft Corporation | 4.45% | 29.5 | 25.1 | 11.8 | 0.74% | 4.22% |
| AMZN | Amazon.com, Inc. | 3.06% | 20.1 | 23.6 | 3.5 | — | 4.25% |
| MA | Mastercard Incorporated | 2.55% | 34.0 | 24.2 | 15.4 | 0.56% | 2.10% |
| META | Meta Platforms, Inc. | 2.05% | 26.7 | 22.1 | 7.9 | 0.30% | 2.15% |
| AVGO | Broadcom Inc. | 1.76% | 43.3 | 19.4 | 17.6 | 0.79% | 1.14% |
| LLY | Eli Lilly and Company | 1.64% | 42.2 | 24.4 | 14.1 | 0.55% | 1.09% |
| MU | Micron Technology, Inc. | 1.59% | 11.8 | 7.0 | 7.5 | 0.07% | 3.77% |
| COST | Costco Wholesale Corporation | 1.55% | 47.6 | 40.3 | 1.4 | 0.59% | 0.91% |
| COR | Cencora | 1.34% | 25.3 | 15.7 | 0.2 | 0.70% | 1.48% |
| BRK.B | Berkshire Hathaway Inc. | 1.29% | 13.4 | 22.7 | 3.0 | — | 2.70% |
| VLO | Valero Energy Corporation | 1.26% | 18.5 | 10.2 | 1.0 | 1.08% | 1.90% |
| JPM | JPMorgan Chase & Co. | 1.15% | 14.2 | 13.5 | 4.7 | 1.94% | 2.27% |
| IDXX | IDEXX Laboratories, Inc. | 1.14% | 39.8 | 31.4 | 9.7 | — | 0.80% |
| TSLA | Tesla, Inc. | 1.13% | 328.4 | 158.7 | 13.5 | — | 0.10% |
| LMT | Lockheed Martin Corporation | 1.11% | 20.3 | 16.2 | 1.7 | 2.61% | 1.53% |
| ABBV | AbbVie Inc. | 1.01% | 80.6 | 16.4 | 7.8 | 2.42% | 0.35% |
| FTNT | Fortinet, Inc. | 0.98% | 59.8 | 45.0 | 16.5 | — | 0.46% |
| PGR | The Progressive Corporation | 0.97% | 11.0 | 12.7 | 1.4 | 0.18% | 2.48% |
| FAST | Fastenal Company | 0.97% | 41.5 | 37.5 | 6.4 | 2.04% | 0.65% |
| AMD | Advanced Micro Devices, Inc. | 0.90% | 134.9 | 39.5 | 20.9 | — | 0.19% |
| CAH | Cardinal Health, Inc. | 0.84% | 35.1 | 17.7 | 0.2 | 0.81% | 0.67% |
| CL | Colgate-Palmolive Company | 0.81% | 37.1 | 21.0 | 3.6 | 2.25% | 0.61% |
Share of earnings = the holding's part of the fund's combined trailing profit. Green: earns more than its weight; orange: less. Symbol links go to each company's key metrics.
About GQI valuation
Adding up its 118 holdings with company data, GQI trades at 24.9 times trailing earnings and 19.7 times analysts' forward estimates, with a price-to-book ratio of 7.62 and a dividend yield of 0.82%. Its earnings yield of 4.02% is 1.30 percentage points below the 5.33% yield to maturity of the U.S. bond market (AGG).
The ten largest holdings are 37.1% of the fund and earn 39.9% of its combined profit. By sector, Healthcare is the most expensive at 34.4 times earnings and Basic Materials the cheapest at 15.8. Companies that lost money over the past year are 0.8% of the covered weight.
How these figures are calculated. Each ratio treats the fund as one company: the earnings, sales and book value of every holding are added up in proportion to its weight and divided into the fund's price. In practice that is a weighted harmonic mean, so a single stock with a very high P/E cannot distort the result, and loss-making companies reduce the fund's earnings instead of being dropped. Covers 100.0% of the fund's weight (U.S.-listed stocks with company data); company figures as of October 26, 2026.
Related: GQI chart, GQI performance, GQI holdings, GQI dividends.
GQI valuation FAQ
What is the P/E ratio of GQI?
Based on its holdings, GQI has a trailing P/E of 24.9 and a forward P/E of 19.7 (earnings of all covered holdings combined in proportion to their weights, as of October 26, 2026).
What is the earnings yield of GQI?
The trailing earnings yield is 4.02% (1 ÷ P/E) and the forward earnings yield 5.09%. For comparison the U.S. bond market (AGG) yields 5.33% to maturity and T-bills about 3.91%.
Is GQI more expensive than the S&P 500?
GQI trades at 24.9 times trailing earnings versus 25.9 for the S&P 500 (SPY); on forward estimates the figures are 19.7 and 19.9.
What is the price-to-book ratio of GQI?
The holdings of GQI trade at 7.62 times book value, with a combined return on equity of 30.7%.
Which sector in GQI has the highest P/E?
Healthcare has the highest P/E at 34.4 and Basic Materials the lowest at 15.8.