QLTY vs. KNCT ETF Comparison
Comparison of The 2023 ETF Series Trust II GMO U.S. Quality ETF (QLTY) to Invesco Next Gen Connectivity ETF (KNCT)
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
$30.20
Average Daily Volume
230,414
10
KNCT
Invesco Next Gen Connectivity ETF
KNCT Description
The fund generally will invest at least 90% of its total assets in securities that comprise the underlying index. The underlying index is composed of securities of companies with significant exposure to technologies or products that contribute to future connectivity through direct revenue. It is non-diversified.Grade (RS Rating)
Last Trade
$94.87
Average Daily Volume
723
8
Performance
| Period | QLTY | KNCT |
|---|---|---|
| 30 Days | 5.45% | 6.38% |
| 60 Days | 3.06% | 3.16% |
| 90 Days | 5.68% | 4.57% |
| 12 Months |
QLTY: Top Represented Industries & Keywords
KNCT: Top Represented Industries & Keywords
Compare ETFs
