Text with NativeRendering and QT_SCALE_FACTOR don't work together

Text seems to be rendered at what ever is the current scale factor in the system, but everything else uses QT_SCALE_FACTOR.

Documentation hints that transformations don't work, but only says it results in poor or pixelated result instead of completely wrong positioning:
https://doc.qt.io/qt-5/qml-qtquick-text.html#renderType-prop

To reproduce:

• run attached application with 100% scale ratio in the system
  -> Red rectangle does not cover the text