GMO US Quality ETF
$42.91−0.23 (−0.54%)
- Expense ratio
- 0.50%
- Fund size
- $5.2B
- 1Y return
- +19.0%
- Yield · Last 12 months
- 0.69%
- Volume · 30D
- 0.4M sh
- NAV per share
- $43.21
- 52W range
The ETF.net QLTY Grade
Score 77 of 100 sits in the A band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.AScore 75Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.AScore 77Category rankRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.AScore 70Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.AScore 89Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.AScore 70Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.AScore 87Category rank
Our read on QLTY
AMost quality ETFs run a rules screen. QLTY hands the job to GMO's stock pickers, who buy US companies they judge high quality and chase plain total return. Active conviction, priced like it: 0.50% a year.
The Fund seeks total return. It is actively managed and invests primarily in equities of U.S. companies that GMO believes are high quality.
Why people hold it
- Actively managed, not index-tracking. GMO's team chooses the US companies it considers high quality, under a straightforward total-return mandate instead of a published factor formula.
- GMO's read on quality leans toward wide moats and free cash flow, so the lineup can look meaningfully different from the index-built quality funds it sits beside.
- Opened in 2023 and already a multi-billion-dollar fund with moderate daily trading and a quarterly distribution schedule.
- The filings match the label: a standard 1940-Act fund holding US equities, screened on quality, no derivative wrapper or offshore complexity.
Worth knowing
- The 0.50% fee runs above the typical quality-cohort charge, and index-built rivals undercut it hard: QUAL at 0.15%, JQUA at 0.12%.
- No index to fall back on. Everything rides on GMO's stock selection, and the ETF's own record only starts in 2023.
- Mostly on that fee, it sits in the lower half of its US quality peer group even though it does the job its documents describe.
QLTY Holdings
- Stocks
- —
- 45%
- MSFT
Sectors
- Technology38.7%
- Health Care23.8%
- Communication11.2%
- Financials8.5%
- Cons. Staples7.1%
- Consumer Discr.6.6%
- Industrials4.1%
Geography
- United States97.72%
- Ireland2.28%
QLTY Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | QLTY |
|---|---|
| Year to date | +12.6% |
| 1 month | +0.4% |
| 3 months | +5.6% |
| 1 year | +19.0% |
| 3 years | — |
| 5 years | — |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | QLTY |
|---|---|---|
| 2026 YTD | +12.6% | |
| 2025 | +21.3% | |
| 2024 | +21.0% | |
| 2023 | +5.7% |
QLTY in the news
ETF.net Research hasn’t filed on QLTY yet — coverage lands here as it’s written.
QLTY Dividends
- 0.69%
- $0.30
- $0.08 per share
- Quarterly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Jun 30, 2026 | Jul 1, 2026 | $0.08 |
| Mar 31, 2026 | Apr 1, 2026 | $0.06 |
| Dec 30, 2025 | Dec 31, 2025 | $0.09 |
| Sep 30, 2025 | Oct 1, 2025 | $0.08 |
| Jul 1, 2025 | Jul 2, 2025 | $0.07 |
| Mar 31, 2025 | Apr 1, 2025 | $0.05 |
| Dec 30, 2024 | Dec 31, 2024 | $0.09 |
| Sep 30, 2024 | Oct 1, 2024 | $0.06 |
| Jun 28, 2024 | Jul 1, 2024 | $0.05 |
| Mar 27, 2024 | Apr 1, 2024 | $0.05 |
| Dec 27, 2023 | Dec 29, 2023 | $0.04 |
QLTY Risk
- 12.2%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 1.30
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −17.0%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 0.97
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
QLTY Cost
- The middle half of US Active Quality funds
- Median 0.58%
4 of the 17 US Active Quality funds charge less.