QLTY vs. PXE ETF Comparison
Comparison of GMO U.S. Quality ETF (QLTY) to PowerShares Dynamic Energy E&P (PXE)
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
$31.74
Average Daily Volume
245,255
34
PXE
PowerShares Dynamic Energy E&P
PXE Description
The PowerShares Energy Exploration & Production Portfolio (Fund) is based on the Dynamic Energy Exploration & Production IntellidexSM Index (Intellidex Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Intellidex Index thoroughly evaluates companies based on a variety of investment merit criteria, including: price momentum, earnings momentum, quality, management action, and value. The Underlying Intellidex Index is composed of stocks of 30 U.S. companies involved in the exploration and production of natural resources used to produce energy. These companies are engaged principally in exploration, extraction and production of crude oil and natural gas from land-based or offshore wells. These companies include petroleum refineries that process the crude oil into finished products, such as gasoline and automotive lubricants, and companies involved in gathering and processing natural gas, and manufacturing natural gas liquid. The Fund is rebalanced and reconstituted quarterly in February, May, August and November.Grade (RS Rating)
Last Trade
$28.35
Average Daily Volume
41,422
29
Performance
| Period | QLTY | PXE |
|---|---|---|
| 30 Days | -1.79% | -6.95% |
| 60 Days | -1.00% | -11.33% |
| 90 Days | 4.34% | -7.87% |
| 12 Months | -12.21% |
0 Overlapping Holdings
| Symbol | Grade | Weight in QLTY | Weight in PXE | Overlap |
|---|
QLTY Overweight 34 Positions Relative to PXE
| Symbol | Grade | Weight | |
|---|---|---|---|
| MSFT | D | 6.6% | |
| AAPL | C | 5.31% | |
| ORCL | B | 4.91% | |
| META | B | 4.38% | |
| JNJ | D | 4.15% | |
| GOOGL | A | 4.14% | |
| UNH | C | 3.62% | |
| ABT | A | 3.6% | |
| TXN | A | 3.46% | |
| KO | D | 3.43% | |
| ACN | C | 3.27% | |
| PG | D | 3.24% | |
| KLAC | F | 3.21% | |
| ELV | F | 3.1% | |
| LRCX | F | 3.02% | |
| V | A | 2.95% | |
| ISRG | B | 2.75% | |
| CRM | A | 2.58% | |
| MRK | F | 2.58% | |
| ARMK | B | 2.53% | |
| TJX | D | 2.44% | |
| AMZN | A | 2.31% | |
| OTIS | B | 2.3% | |
| AVGO | B | 2.13% | |
| USB | B | 2.11% | |
| HLT | A | 2.08% | |
| WFC | B | 2.06% | |
| GE | D | 1.86% | |
| MDLZ | D | 1.78% | |
| STZ | F | 1.7% | |
| LLY | F | 1.67% | |
| CI | D | 1.58% | |
| DGX | B | 1.3% | |
| TMO | D | 0.99% |
QLTY Underweight 29 Positions Relative to PXE
| Symbol | Grade | Weight | |
|---|---|---|---|
| CTRA | F | -5.4% | |
| EOG | D | -5.08% | |
| VLO | F | -4.95% | |
| FANG | F | -4.92% | |
| PSX | F | -4.92% | |
| OVV | F | -4.92% | |
| DVN | F | -4.66% | |
| MPC | F | -4.62% | |
| CNX | B | -3.78% | |
| CRGY | B | -3.21% | |
| RRC | D | -3.13% | |
| NFG | C | -3.06% | |
| GPOR | F | -2.98% | |
| MGY | C | -2.97% | |
| CRC | B | -2.96% | |
| SM | F | -2.72% | |
| GRNT | F | -2.71% | |
| NOG | F | -2.7% | |
| MTDR | D | -2.67% | |
| PBF | F | -2.6% | |
| DINO | F | -2.55% | |
| CHRD | F | -2.54% | |
| HPK | F | -2.51% | |
| MUR | F | -2.45% | |
| CIVI | F | -2.41% | |
| DK | F | -2.38% | |
| VTLE | F | -2.22% | |
| PARR | F | -2.14% | |
| CVI | F | -2.08% |
QLTY: Top Represented Industries & Keywords
PXE: Top Represented Industries & Keywords
Compare ETFs
