QLTY vs. OCTA ETF Comparison
Comparison of GMO U.S. Quality ETF (QLTY) to Octane All-Cap Value Energy ETF (OCTA)
QLTY
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
$32.45
Average Daily Volume
265,587
34
OCTA
Octane All-Cap Value Energy ETF
OCTA Description
The fund is an actively managed exchange-traded fund ("ETF") that seeks to achieve its objective by investing in U.S.-listed equity securities of "Energy Companies." It will invest, under normal circumstances, at least 80% of its net assets plus the amount of borrowings for investment purposes, in equity securities of Value Energy Companies.Grade (RS Rating)
Last Trade
$18.57
Average Daily Volume
395
24
Performance
| Period | QLTY | OCTA |
|---|---|---|
| 30 Days | 0.40% | 2.47% |
| 60 Days | 0.12% | -2.92% |
| 90 Days | 2.04% | -2.65% |
| 12 Months | 26.17% |
0 Overlapping Holdings
| Symbol | Grade | Weight in QLTY | Weight in OCTA | Overlap |
|---|
QLTY Overweight 34 Positions Relative to OCTA
| Symbol | Grade | Weight | |
|---|---|---|---|
| MSFT | D | 6.46% | |
| AAPL | C | 5.33% | |
| ORCL | A | 4.71% | |
| META | D | 4.5% | |
| GOOGL | C | 4.43% | |
| JNJ | C | 4.24% | |
| ABT | B | 4.17% | |
| UNH | B | 3.62% | |
| TXN | C | 3.53% | |
| ACN | B | 3.3% | |
| V | A | 3.22% | |
| PG | C | 3.2% | |
| ISRG | A | 2.92% | |
| KLAC | F | 2.85% | |
| LRCX | F | 2.85% | |
| CRM | B | 2.84% | |
| KO | D | 2.81% | |
| HLT | A | 2.62% | |
| ARMK | B | 2.56% | |
| ELV | F | 2.5% | |
| WFC | A | 2.45% | |
| AVGO | D | 2.45% | |
| MRK | D | 2.41% | |
| AMZN | C | 2.4% | |
| USB | A | 2.31% | |
| OTIS | C | 2.25% | |
| TJX | A | 2.14% | |
| GE | D | 1.73% | |
| MDLZ | F | 1.72% | |
| LLY | F | 1.61% | |
| STZ | D | 1.59% | |
| CI | D | 1.49% | |
| DGX | A | 1.35% | |
| TMO | F | 0.91% |
QLTY Underweight 24 Positions Relative to OCTA
| Symbol | Grade | Weight | |
|---|---|---|---|
| ARCH | B | -6.44% | |
| SM | B | -5.5% | |
| BTU | B | -5.37% | |
| TTE | F | -4.96% | |
| VLO | C | -4.32% | |
| CEIX | A | -4.26% | |
| PBF | D | -4.21% | |
| EOG | A | -4.12% | |
| PSX | C | -3.97% | |
| ARLP | A | -3.6% | |
| APA | D | -3.56% | |
| TRMD | F | -3.37% | |
| MPC | D | -3.08% | |
| GPOR | B | -3.02% | |
| PTEN | C | -2.79% | |
| DINO | D | -2.74% | |
| OVV | B | -2.67% | |
| TS | B | -2.61% | |
| PARR | F | -2.6% | |
| E | F | -2.57% | |
| CHRD | D | -2.51% | |
| INSW | F | -2.07% | |
| CIVI | D | -2.06% | |
| LBRT | D | -2.04% |
QLTY: Top Represented Industries & Keywords
OCTA: Top Represented Industries & Keywords
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