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The fund is an actively managed exchange-traded fund that seeks to achieve its investment objective by investing primarily in equities of U.S. companies that the fund’s adviser, Grantham, Mayo, Van Otterloo & Co. LLC (“GMO” or the “Adviser”), believes to be of high quality. Equity securities primarily include common and preferred stocks and, to a lesser extent, other stock-related securities, such as convertible securities, depositary receipts, equity real estate investment trusts, income trusts, and securities of other investment companies that investment primarily in equity securities.
Is QLTY's expense ratio expensive, average, or a steal for its category?
Pro reveals the verdict on a 5-tier spectrum calibrated against ICI 2025 industry averages, with strategy-aware bands so the comparison is meaningful.
GMO U.S. Quality ETF (NYSEARCA:QLTY - Get Free Report) shares hit a new 52-week high during trading on Monday. The stock traded as high as $44.08 and last traded at $44.0780, with a volume of 15,182 shares traded. The stock had previously closed at $43.92. GMO U.S. Quality ETF Stock Performance The firm has a
Shares of GMO U.S. Quality ETF (NYSEARCA:QLTY - Get Free Report) hit a new 52-week high during mid-day trading on Tuesday. The company traded as high as $43.81 and last traded at $43.7690, with a volume of 14879 shares. The stock had previously closed at $43.66. GMO U.S. Quality ETF Stock Up 0.1% The business
I believe the GMO U.S. Quality ETF remains a Hold, as there is no strong bull case at this point. QLTY has mildly underperformed IVV since the beginning of the year, and I expect it to continue lagging the market into 2027. Growth and GARP characteristics of QLTY's concentrated IT-heavy portfolio have improved since May, yet its PEG ratio is still considerably larger than IVV's, welcoming a neutral stance.
GMO U.S. Quality ETF employs an active, quality-centered strategy that brings together fundamental and quantitative methods. I maintain the Hold rating on QLTY owing to its recent underperformance vs. IVV, unappealing risk metrics, and the factor mix light in GARP stocks. Quality characteristics of the QLTY portfolio are impressive, yet they alone cannot drive outperformance.