QLTI vs. CLDL ETF Comparison
Comparison of GMO International Quality ETF (QLTI) to Direxion Daily Cloud Computing Bull 2X Shares (CLDL)
QLTI
GMO International Quality ETF
QLTI Description
QLTI seeks total return by investing in non-US equities that it considers to be high-quality. A high-quality company is defined by its solid operational foundation and ability to generate future returns. For its selection process, QLTI utilizes a mix of quantitative metrics, such as profitability and leverage, along with qualitative assessments of market conditions and growth prospects. It focuses on identifying companies that have demonstrated strong returns on past investments and show potential for effective cash flow management, whether through reinvestment or shareholder returns. Valuation techniques, including discounted cash flow and price-to-earnings ratios, help identify stocks that may be undervalued. While QLTI has flexibility in targeting specific sectors or regions, it maintains liquidity through investments in the GMO US Treasury Fund and other money market instruments, allowing for varied exposure across developed and emerging markets.
Grade (RS Rating)
Last Trade
$23.28
Average Daily Volume
12,554
9
CLDL
Direxion Daily Cloud Computing Bull 2X Shares
CLDL Description
The investment seeks daily investment results, before fees and expenses, of 200% of the daily performance of the the Indxx USA Cloud Computing Index. The fund, under normal circumstances, invests at least 80% of its net assets in financial instruments, such as swap agreements, securities of the index, ETFs that track the index and other financial instruments that provide daily leveraged exposure to the index or to ETFs that track the index. The index is provided by Indxx, LLC and includes domestic companies that deliver cloud computing infrastructure, platforms, or services. The fund is non-diversified.Grade (RS Rating)
Last Trade
$16.41
Average Daily Volume
18,347
47
Performance
| Period | QLTI | CLDL |
|---|---|---|
| 30 Days | 49.19% | |
| 60 Days | 62.48% | |
| 90 Days | 70.58% | |
| 12 Months | 86.27% |
1 Overlapping Holdings
| Symbol | Grade | Weight in QLTI | Weight in CLDL | Overlap | |
|---|---|---|---|---|---|
| SAP | B | 4.7% | 3.97% | 3.97% |
QLTI Underweight 46 Positions Relative to CLDL
| Symbol | Grade | Weight | |
|---|---|---|---|
| MSTR | C | -6.88% | |
| ORCL | B | -4.85% | |
| NOW | A | -4.5% | |
| TEAM | A | -4.23% | |
| ADSK | A | -3.85% | |
| CRM | B | -3.6% | |
| CRWD | B | -3.5% | |
| ADBE | C | -3.47% | |
| VEEV | C | -3.32% | |
| WDAY | B | -3.28% | |
| SNOW | C | -2.73% | |
| ZM | B | -2.72% | |
| ZS | C | -2.61% | |
| NTNX | A | -2.45% | |
| TWLO | A | -2.36% | |
| DOCU | A | -2.3% | |
| AKAM | D | -1.86% | |
| PAYC | B | -1.59% | |
| PCTY | B | -1.28% | |
| BILL | A | -1.23% | |
| DBX | B | -0.99% | |
| SPSC | C | -0.92% | |
| ACIW | B | -0.82% | |
| QLYS | C | -0.76% | |
| BOX | B | -0.67% | |
| WK | B | -0.64% | |
| APPF | B | -0.64% | |
| BLKB | B | -0.51% | |
| INFA | D | -0.46% | |
| BL | B | -0.43% | |
| RNG | B | -0.42% | |
| CWAN | B | -0.42% | |
| FRSH | C | -0.4% | |
| ALRM | C | -0.4% | |
| AI | B | -0.39% | |
| FIVN | C | -0.39% | |
| NCNO | B | -0.37% | |
| DOCN | D | -0.28% | |
| ZUO | B | -0.19% | |
| PYCR | C | -0.17% | |
| PRO | C | -0.14% | |
| VMEO | B | -0.13% | |
| RDWR | B | -0.12% | |
| BLND | B | -0.1% | |
| ENFN | A | -0.06% | |
| SEMR | B | -0.04% |
QLTI: Top Represented Industries & Keywords
CLDL: Top Represented Industries & Keywords
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