CPAI vs. QLTY ETF Comparison

Comparison of Counterpoint Quantitative Equity ETF (CPAI) to GMO U.S. Quality ETF (QLTY)

CPAI

Counterpoint Quantitative Equity ETF

CPAI Description

CPAI employs a quantitative, model-driven strategy that integrates quantitative analysis and machine learning insights to navigate diverse market conditions. The portfolio consists of at least 50 US-listed companies of any capitalization or ADRs. The selection process relies on advanced quantitative models leveraging machine learning technology, considering over 30 variables related to value, long-term reversal, momentum, profitability, investor sentiment, and stock price stability. Additionally, the Adviser backtests variable combinations considered to be supported by economic reasoning or investor behavioral biases. The models continually learn and adapt relationships between input variables and realized historic returns, updating during quarterly portfolio rebalances. Moreover, rebalancing ensures the portfolio aligns with the models' rankings, with adjustments made to limit sector exposure to 35% or less.

Grade (RS Rating)

Last Trade

$36.28

Average Daily Volume

7,177

Number of Holdings ^*

* may have additional holdings in another (foreign) market

QLTY

GMO U.S. Quality ETF

QLTY Description

QLTY seeks total return by investing in US companies deemed high quality. These companies are defined as having established businesses capable of delivering substantial returns on past investments, utilizing cash flows for high-return investments, or returning cash to shareholders through dividends or share buybacks. The investment strategy combines systematic factors like profitability and leverage, alongside judgmental factors such as assessments of future profitability and growth prospects. It may also use various valuation methodologies, including discounted cash flow analysis and multiples of price-to-earnings, revenues, book values, or other fundamental metrics, to acquire underrated stocks. Additionally, the fund may invest in other ETFs. The fund may also invest in the GMO U.S. Treasury Fund, and money market funds. Investment decisions are not constrained by portfolio turnover rates or benchmark considerations.

Grade (RS Rating)

Last Trade

$32.53

Average Daily Volume

265,453

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	CPAI	QLTY
30 Days	7.98%	1.40%
60 Days	10.10%	0.46%
90 Days	12.45%	2.30%
12 Months		26.48%

7 Overlapping Holdings

Symbol	Grade	Weight in CPAI	Weight in QLTY	Overlap
AAPL	C	1.86%	5.33%	1.86%
GOOGL	C	2.03%	4.43%	2.03%
LLY	F	1.57%	1.61%	1.57%
META	D	1.87%	4.5%	1.87%
MSFT	F	1.83%	6.46%	1.83%
ORCL	B	2.1%	4.71%	2.1%
TJX	A	1.91%	2.14%	1.91%

CPAI Overweight 42 Positions Relative to QLTY

Symbol	Grade	Weight
TRGP	B	2.61%
SFM	A	2.49%
SKYW	B	2.47%
TDS	B	2.45%
OKE	A	2.35%
HTZ	C	2.35%
UNM	A	2.3%
NTGR	B	2.29%
CARG	C	2.27%
GDDY	A	2.25%
BRBR	A	2.24%
VIRT	B	2.24%
CNO	A	2.14%
FTI	A	2.12%
CLBT	B	2.11%
EQH	B	2.1%
CVLT	B	2.09%
FTDR	A	2.09%
GNW	A	2.07%
ZIM	C	2.06%
MSI	B	2.05%
PBI	B	2.05%
ACIW	B	2.04%
COR	B	2.01%
CAH	B	2.01%
PGR	A	1.89%
PAA	B	1.88%
PRM	C	1.88%
LESL	C	1.87%
PAGP	A	1.87%
LDOS	C	1.86%
RTX	C	1.85%
WES	C	1.85%
THC	D	1.77%
NYT	C	1.76%
BRC	D	1.74%
MHO	D	1.73%
ROST	C	1.72%
WBA	F	1.7%
UHS	D	1.58%
HCA	F	1.55%
AGL	F	0.82%

CPAI Underweight 27 Positions Relative to QLTY

Symbol	Grade	Weight
JNJ	D	-4.24%
ABT	B	-4.17%
UNH	C	-3.62%
TXN	C	-3.53%
ACN	C	-3.3%
V	A	-3.22%
PG	A	-3.2%
ISRG	A	-2.92%
KLAC	D	-2.85%
LRCX	F	-2.85%
CRM	B	-2.84%
KO	D	-2.81%
HLT	A	-2.62%
ARMK	B	-2.56%
ELV	F	-2.5%
WFC	A	-2.45%
AVGO	D	-2.45%
MRK	F	-2.41%
AMZN	C	-2.4%
USB	A	-2.31%
OTIS	C	-2.25%
GE	D	-1.73%
MDLZ	F	-1.72%
STZ	D	-1.59%
CI	F	-1.49%
DGX	A	-1.35%
TMO	F	-0.91%