QLTY vs. ACTV ETF Comparison
Comparison of The 2023 ETF Series Trust II GMO U.S. Quality ETF (QLTY) to LeaderShares Activist Leaders ETF (ACTV)
QLTY
The 2023 ETF Series Trust II 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
$29.16
Average Daily Volume
216,714
10
ACTV
LeaderShares Activist Leaders ETF
ACTV Description
The investment seeks to generate long-term capital growth. The fund will be invested in equity securities of companies listed on a U.S. exchange with market capitalizations of at least $1 billion at the time of initial purchase. It may focus its investments in a particular sector, industry or group of industries. The fund may utilize derivatives, such as equity options and total return swap agreements, to seek to achieve its objective and for hedging purposes.Grade (RS Rating)
Last Trade
$33.67
Average Daily Volume
7,148
43
Performance
| Period | QLTY | ACTV |
|---|---|---|
| 30 Days | -0.95% | -1.74% |
| 60 Days | -0.29% | 0.44% |
| 90 Days | 3.64% | 2.14% |
| 12 Months | 20.15% |
0 Overlapping Holdings
| Symbol | Grade | Weight in QLTY | Weight in ACTV | Overlap |
|---|
QLTY Underweight 43 Positions Relative to ACTV
| Symbol | Grade | Weight | |
|---|---|---|---|
| GDDY | A | -3.98% | |
| INVA | B | -3.83% | |
| SWX | A | -3.81% | |
| MRCY | D | -3.8% | |
| NSIT | A | -3.78% | |
| DAN | C | -3.77% | |
| NWL | D | -3.77% | |
| JHG | B | -3.69% | |
| BLMN | F | -3.61% | |
| BBWI | C | -3.55% | |
| ALIT | C | -3.52% | |
| THS | D | -3.52% | |
| FRPT | C | -3.51% | |
| FTRE | C | -3.51% | |
| CNDT | C | -3.44% | |
| IVZ | D | -3.38% | |
| IRWD | F | -3.37% | |
| JBLU | D | -2.96% | |
| VRT | A | -0.86% | |
| SPOT | B | -0.82% | |
| CMG | A | -0.82% | |
| PRMW | A | -0.78% | |
| ROG | C | -0.76% | |
| IFF | B | -0.75% | |
| NYT | B | -0.75% | |
| TDS | D | -0.74% | |
| GTX | C | -0.74% | |
| NBIX | A | -0.74% | |
| KNF | B | -0.73% | |
| FYBR | C | -0.71% | |
| J | B | -0.71% | |
| PAYC | F | -0.71% | |
| KKR | D | -0.71% | |
| TRMB | D | -0.71% | |
| BANC | C | -0.7% | |
| IAC | C | -0.69% | |
| X | F | -0.69% | |
| NWS | D | -0.69% | |
| CBRE | D | -0.68% | |
| WCC | C | -0.68% | |
| AAP | D | -0.66% | |
| DBRG | F | -0.65% | |
| BCRX | F | -0.6% |
QLTY: Top Represented Industries & Keywords
ACTV: Top Represented Industries & Keywords
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