QLTY vs. WRND ETF Comparison

Comparison of GMO U.S. Quality ETF (QLTY) to IQ Global Equity R&D Leaders ETF (WRND)
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

$32.61

Average Daily Volume

188,194

Number of Holdings *

10

* may have additional holdings in another (foreign) market
WRND

IQ Global Equity R&D Leaders ETF

WRND Description IQ Global Equity R&D Leaders ETF is an exchange traded fund launched by New York Life Investment Management LLC. The fund is managed by IndexIQ Advisors LLC. It invests in public equity markets of global region. The fund invests in stocks of companies operating across diversified sectors. It invests in growth and value stocks of companies across diversified market capitalization. The fund seeks to track the performance of the IQ Global Equity R&D Leaders Index, by using full replication technique. IQ Global Equity R&D Leaders ETF was formed on December 14, 2021 and is domiciled in the United States.

Grade (RS Rating)

Last Trade

$30.25

Average Daily Volume

988

Number of Holdings *

109

* may have additional holdings in another (foreign) market
Performance
Period QLTY WRND
30 Days 1.72% 1.85%
60 Days 5.67% 5.51%
90 Days 4.19% 2.40%
12 Months 28.31%
9 Overlapping Holdings
Symbol Grade Weight in QLTY Weight in WRND Overlap
AAPL B 3.44% 3.43% 3.43%
ABT C 3.42% 0.3% 0.3%
ACN C 3.73% 0.15% 0.15%
AMZN C 3.54% 5.85% 3.54%
GOOGL D 4.13% 4.21% 4.13%
JNJ C 3.99% 1.72% 1.72%
META B 3.73% 4.44% 3.73%
MSFT C 7.48% 2.78% 2.78%
ORCL B 3.94% 1.08% 1.08%
QLTY Overweight 1 Positions Relative to WRND
Symbol Grade Weight
UNH B 4.88%
QLTY Underweight 100 Positions Relative to WRND
Symbol Grade Weight
MRK F -2.57%
INTC D -1.23%
BMY C -1.2%
NVS C -1.18%
PFE D -1.16%
BABA C -1.13%
LLY D -1.06%
GM D -1.03%
TM D -0.95%
NVDA C -0.93%
IBM B -0.91%
CSCO A -0.89%
ABBV B -0.86%
HMC D -0.81%
AVGO C -0.81%
F F -0.78%
SONY C -0.74%
GILD B -0.71%
QCOM D -0.7%
TSLA B -0.62%
AMD C -0.6%
STLA F -0.57%
CRM C -0.57%
AMGN D -0.56%
BIDU C -0.42%
REGN D -0.42%
PYPL B -0.4%
ADBE F -0.37%
UBER C -0.36%
VRTX D -0.35%
RTX B -0.34%
BA F -0.32%
SQ D -0.31%
MDT A -0.31%
NIO C -0.3%
NOW C -0.29%
BGNE C -0.29%
NFLX B -0.29%
WDAY D -0.29%
INTU D -0.28%
AMAT C -0.27%
LI D -0.27%
CAT B -0.26%
DE A -0.25%
MELI C -0.25%
EA D -0.25%
GE B -0.24%
SHOP C -0.24%
MMM B -0.24%
MU D -0.22%
HPE C -0.22%
RIVN F -0.22%
TCOM C -0.22%
MRNA F -0.21%
NXPI F -0.21%
SPOT C -0.21%
TEAM F -0.21%
PG C -0.21%
TXN B -0.2%
PANW C -0.19%
LMT A -0.19%
EBAY A -0.19%
MRVL D -0.19%
RBLX C -0.18%
DHR B -0.18%
CMI B -0.18%
BIIB F -0.18%
WDC C -0.17%
INCY C -0.17%
ABBV B -0.17%
SNPS F -0.17%
U D -0.16%
ADI C -0.16%
BSX B -0.16%
ABNB D -0.16%
ADSK B -0.16%
HPQ C -0.16%
ILMN D -0.16%
EXPE C -0.16%
TMO B -0.15%
NOC B -0.15%
GEHC A -0.15%
CTVA A -0.15%
LRCX D -0.14%
HON C -0.14%
SYK C -0.14%
KLAC D -0.13%
APTV D -0.13%
SNOW F -0.13%
JNPR B -0.13%
LPL D -0.13%
CDNS D -0.13%
DASH B -0.13%
CNH C -0.12%
BDX C -0.12%
ISRG B -0.12%
GLW B -0.12%
MCHP D -0.1%
PINS D -0.08%
EW F -0.08%
Compare ETFs