QLTI vs. FDTX ETF Comparison
Comparison of GMO International Quality ETF (QLTI) to Fidelity Disruptive Technology ETF (FDTX)
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
FDTX
Fidelity Disruptive Technology ETF
FDTX Description
The fund normally invests at least 80% of assets in securities of disruptive technology companies. Fidelity's disruptive strategies seek to identify innovative developments that could signal new directions for delivering products and services to customers. Generally, these companies have or are developing new or unconventional ways of doing business that could disrupt and displace incumbents over time. The fund is non-diversified.Grade (RS Rating)
Last Trade
$35.72
Average Daily Volume
14,470
35
Performance
| Period | QLTI | FDTX |
|---|---|---|
| 30 Days | 7.62% | |
| 60 Days | 11.21% | |
| 90 Days | 9.46% | |
| 12 Months | 35.97% |
1 Overlapping Holdings
| Symbol | Grade | Weight in QLTI | Weight in FDTX | Overlap | |
|---|---|---|---|---|---|
| TSM | B | 4.79% | 5.05% | 4.79% |
QLTI Underweight 34 Positions Relative to FDTX
| Symbol | Grade | Weight | |
|---|---|---|---|
| NVDA | C | -6.98% | |
| CRM | B | -5.33% | |
| MSFT | F | -4.92% | |
| META | D | -4.39% | |
| NFLX | A | -4.3% | |
| SHOP | B | -4.26% | |
| MRVL | B | -4.17% | |
| AMZN | C | -4.12% | |
| GOOG | C | -3.74% | |
| ADBE | C | -3.62% | |
| HUBS | A | -2.64% | |
| PANW | C | -2.33% | |
| INTU | C | -2.16% | |
| SNPS | B | -2.15% | |
| DDOG | A | -2.14% | |
| WDAY | B | -1.87% | |
| ON | D | -1.71% | |
| SE | B | -1.7% | |
| MNDY | C | -1.66% | |
| TEAM | A | -1.57% | |
| AAPL | C | -1.29% | |
| CRWD | B | -1.22% | |
| MU | D | -1.15% | |
| ACN | C | -1.14% | |
| NXPI | D | -1.13% | |
| TMUS | B | -1.1% | |
| SPOT | B | -1.09% | |
| PDD | F | -1.05% | |
| SQ | B | -0.99% | |
| TOST | B | -0.99% | |
| SNAP | C | -0.95% | |
| UBER | D | -0.95% | |
| GLBE | B | -0.6% | |
| ABNB | C | -0.54% |
QLTI: Top Represented Industries & Keywords
FDTX: Top Represented Industries & Keywords
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