QLTY vs. MPAY ETF Comparison
Comparison of The 2023 ETF Series Trust II GMO U.S. Quality ETF (QLTY) to Akros Monthly Payout ETF (MPAY)
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
$29.46
Average Daily Volume
217,358
10
MPAY
Akros Monthly Payout ETF
MPAY Description
MPAY seeks to provide potential monthly distributions, which may include return of capital to investors. The index is generally comprised of 50 stocks and 18 ETFs. For the stock component of the index, only those listed on a US exchange and have a market-cap of at least $1 billion may be included. A proprietary algorithm analyzes historical financial and trading data to rank and select stocks based on their excess return factor, which is a formula that gauges whether a stock could outperform future markets. The top 50 stocks are selected to be included. The ETF component of the index aims to cut across different asset classes: mainly foreign equity, broad commodity, gold, Treasurys, bonds, REITs, MBTs, and global infrastructure ETFs. Individual weights are based on a proprietary methodology that incorporates modern portfolio theory principles such as historical covariance, historical mean, historical risk contribution, and cluster analysis. The index is rebalanced monthly and is non-diversified.Grade (RS Rating)
Last Trade
$23.60
Average Daily Volume
502
50
Performance
| Period | QLTY | MPAY |
|---|---|---|
| 30 Days | -0.03% | -1.72% |
| 60 Days | 0.56% | -1.87% |
| 90 Days | 4.89% | 3.43% |
| 12 Months | 11.52% |
QLTY Underweight 46 Positions Relative to MPAY
| Symbol | Grade | Weight | |
|---|---|---|---|
| HD | D | -2.98% | |
| CSCO | F | -2.3% | |
| NKE | D | -2.02% | |
| UPS | F | -1.98% | |
| IBM | D | -1.97% | |
| LMT | B | -1.92% | |
| USHY | A | -1.88% | |
| DELL | B | -1.87% | |
| BKNG | C | -1.85% | |
| TJX | C | -1.8% | |
| CL | A | -1.74% | |
| HCA | D | -1.67% | |
| MELI | C | -1.65% | |
| KMB | B | -1.64% | |
| CDNS | D | -1.57% | |
| ALL | B | -1.56% | |
| FDX | C | -1.54% | |
| SBUX | F | -1.53% | |
| DAL | A | -1.53% | |
| MMM | B | -1.52% | |
| LDOS | A | -1.51% | |
| FTNT | F | -1.49% | |
| EA | D | -1.44% | |
| EBAY | C | -1.42% | |
| OTIS | D | -1.39% | |
| EL | F | -1.38% | |
| HAL | F | -1.38% | |
| STLA | D | -1.38% | |
| BAH | A | -1.38% | |
| NTAP | B | -1.35% | |
| MTD | D | -1.35% | |
| SYY | D | -1.35% | |
| KEYS | D | -1.34% | |
| HPQ | D | -1.34% | |
| CTSH | F | -1.33% | |
| BAX | F | -1.33% | |
| IT | D | -1.32% | |
| LII | D | -1.3% | |
| CLX | F | -1.27% | |
| WSM | B | -1.26% | |
| STLD | D | -1.25% | |
| ALGN | F | -1.23% | |
| DKS | B | -1.23% | |
| BBY | D | -1.22% | |
| JBL | D | -1.16% | |
| ULTA | F | -1.13% |
QLTY: Top Represented Industries & Keywords
MPAY: Top Represented Industries & Keywords
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