QLTY

GMO U.S. Quality ETF

$37.05
+0.00%
Market closed. Last update: 10:57 PM ET

📎 Investment Objective

The GMO U.S. Quality ETF (QLTY) seeks to provide long-term total return by investing in a portfolio of high-quality U.S. equities.

Overview

ETF tracking GMO U.S. Quality ETF

Category Other
Issuer Other
Inception Date 2023-11-15
Market Cap $2.6B
Average Volume N/A
Dividend Yield 0.78%
52-Week Range $28.16 - $37.95
VWAP $37.13

Performance

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Investment Summary

📎 Investment Objective

The GMO U.S. Quality ETF (QLTY) seeks to provide long-term total return by investing in a portfolio of high-quality U.S. equities.

🎯 Investment Strategy

The fund uses a fundamental, bottom-up investment approach to identify U.S. companies that exhibit characteristics of high quality, such as strong balance sheets, stable and growing earnings, and sustainable competitive advantages. The portfolio is diversified across sectors and industries.

✨ Key Features

  • Focuses on high-quality U.S. companies with strong fundamentals
  • Diversified portfolio across sectors and industries
  • Actively managed by GMO, a respected institutional asset manager
  • Low expense ratio of 0.00%

⚠️ Primary Risks

  • Equity market risk: The value of the fund's holdings may decline due to overall stock market conditions
  • Concentration risk: The fund's focus on high-quality U.S. equities may lead to periods of underperformance compared to the broader market
  • Management risk: The fund's performance depends on the investment decisions made by the portfolio managers
  • Liquidity risk: The fund may have difficulty buying or selling certain investments at an optimal time and price

👤 Best For

The GMO U.S. Quality ETF may be suitable for long-term investors seeking exposure to high-quality U.S. equities as part of a diversified portfolio. The fund's focus on fundamental quality and low-cost structure make it potentially appealing for investors looking for a core U.S. equity holding.