QLTY vs. SPMV ETF Comparison
Comparison of GMO U.S. Quality ETF (QLTY) to Invesco S&P 500 Minimum Variance ETF (SPMV)
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
$32.90
Average Daily Volume
266,232
34
SPMV
Invesco S&P 500 Minimum Variance ETF
SPMV Description
The investment seeks to track the investment results (before fees and expenses) of the S&P 500® Minimum Volatility Index (the underlying index). The fund generally will invest at least 90% of its total assets in the securities that comprise the underlying index. The underlying index is designed to measure the performance of a subset of constituent securities of the S&P 500 Index using a managed volatility equity strategy that seeks to achieve lower total volatility than the S&P 500 ® Index, while maintaining other similar characteristics of the S&P 500 ® Index.Grade (RS Rating)
Last Trade
$47.74
Average Daily Volume
712
75
Performance
| Period | QLTY | SPMV |
|---|---|---|
| 30 Days | 2.25% | 1.83% |
| 60 Days | 0.46% | 2.27% |
| 90 Days | 3.21% | 4.37% |
| 12 Months | 27.36% | 26.16% |
16 Overlapping Holdings
| Symbol | Grade | Weight in QLTY | Weight in SPMV | Overlap | |
|---|---|---|---|---|---|
| AAPL | B | 5.33% | 2.9% | 2.9% | |
| ABT | B | 4.17% | 2.84% | 2.84% | |
| ACN | B | 3.3% | 0.31% | 0.31% | |
| AMZN | C | 2.4% | 3.04% | 2.4% | |
| AVGO | D | 2.45% | 2.03% | 2.03% | |
| CRM | B | 2.84% | 1.66% | 1.66% | |
| ELV | F | 2.5% | 0.45% | 0.45% | |
| JNJ | D | 4.24% | 1.2% | 1.2% | |
| LLY | F | 1.61% | 0.63% | 0.63% | |
| MDLZ | F | 1.72% | 2.46% | 1.72% | |
| META | D | 4.5% | 0.32% | 0.32% | |
| MRK | F | 2.41% | 2.46% | 2.41% | |
| MSFT | D | 6.46% | 2.76% | 2.76% | |
| ORCL | C | 4.71% | 2.23% | 2.23% | |
| PG | A | 3.2% | 2.81% | 2.81% | |
| TJX | A | 2.14% | 0.5% | 0.5% |
QLTY Underweight 59 Positions Relative to SPMV
| Symbol | Grade | Weight | |
|---|---|---|---|
| GEV | C | -3.69% | |
| NVDA | C | -3.53% | |
| TMUS | A | -3.37% | |
| CSCO | A | -3.31% | |
| AON | A | -3.14% | |
| BRK.A | B | -2.95% | |
| MMC | A | -2.77% | |
| AJG | A | -2.7% | |
| QCOM | F | -2.64% | |
| CB | D | -2.56% | |
| HD | A | -2.25% | |
| VRTX | D | -2.25% | |
| ADBE | C | -2.01% | |
| AMT | D | -1.83% | |
| NOW | B | -1.77% | |
| VRSK | A | -1.7% | |
| ZTS | D | -1.66% | |
| PGR | A | -1.65% | |
| NEE | D | -1.63% | |
| SRE | A | -1.56% | |
| GIS | D | -1.47% | |
| DUK | C | -1.34% | |
| REGN | F | -1.07% | |
| HSY | F | -1.03% | |
| AEE | A | -1.02% | |
| TRV | B | -1.0% | |
| PFE | D | -0.99% | |
| VZ | B | -0.97% | |
| TDY | B | -0.96% | |
| AEP | D | -0.95% | |
| BRO | B | -0.81% | |
| MKC | D | -0.78% | |
| INTU | C | -0.74% | |
| CCI | D | -0.7% | |
| XOM | C | -0.69% | |
| RTX | D | -0.66% | |
| JPM | B | -0.62% | |
| IBM | C | -0.56% | |
| GOOG | C | -0.55% | |
| RSG | A | -0.55% | |
| NEM | F | -0.47% | |
| SO | D | -0.47% | |
| TSN | B | -0.42% | |
| HRL | D | -0.38% | |
| IDXX | F | -0.37% | |
| AMGN | D | -0.32% | |
| BIIB | F | -0.3% | |
| T | A | -0.29% | |
| KHC | D | -0.28% | |
| ADM | F | -0.26% | |
| AIG | B | -0.25% | |
| PCG | B | -0.24% | |
| ACGL | D | -0.22% | |
| CVS | D | -0.22% | |
| XEL | A | -0.2% | |
| TRMB | B | -0.1% | |
| GILD | B | -0.09% | |
| GD | F | -0.06% | |
| BA | D | -0.05% |
QLTY: Top Represented Industries & Keywords
SPMV: Top Represented Industries & Keywords
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