GMO US Quality ETF
$44.09−0.04 (−0.09%)
- 0.50%
- $5.4B
- +23.7%
- 0.64%
- 0.4M sh
- $43.92
- low $35.15high $44.16
The ETF.net QLTY Grade
A
Score 76 out of 100
- 2 of 17
Score 76 of 100 falls in the A band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.A75 out of 100Rank 3 of 17Mission
Whether the fund did what it promised, tested against its stated mandate.A78 out of 100Rank 2 of 6Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.B65 out of 100Rank 5 of 16Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.A88 out of 100Rank 1 of 17Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.A71 out of 100Rank 6 of 17Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.A89 out of 100Rank 1 of 17
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
- 45%
- MSFT
Sectors
- Technology38.1%
- Health Care23.6%
- Communication11.9%
- Financials8.1%
- Consumer Discretionary7.0%
- Consumer Staples6.9%
- Industrials3.9%
- Materials0.6%
Geography
- United States98.38%
- Ireland1.62%
QLTY Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
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QLTY$12,370
Returns run to the Oct 12, 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 | +15.3% |
| 1 month | +3.8% |
| 3 months | +5.3% |
| 1 year | +23.7% |
| 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 | +15.3% | |
| 2025 | +21.3% | |
| 2024 | +21.0% | |
| 2023 | +5.7% |
QLTY in the news
QLTY Dividends
- 0.64%
- $0.28
- $0.06 per share
- Quarterly
Distribution history
QLTY Risk
- 12.1%
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.
- 1.25
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.
- 0.98
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
0.50%
QLTY0.50%
- The middle half of US Active Quality funds
- Median 0.58%
4 of the 17 US Active Quality funds charge less.
Other funds in US Active Quality
- ANPFEElevation Series Trust - Npf Core Equity EtfExpense ratio 0.40%1 year return —
- APSETPrincipal Quality ETFExpense ratio 0.15%1 year return +8.6%
- BAQECETF Opportunities Trust - AQE Core ETFExpense ratio 0.49%1 year return —
- BQIDXIndexperts Quality Earnings Focused ETFExpense ratio 0.50%1 year return +9.1%
- BQFFQualivian Focus Fund ETFExpense ratio 0.50%1 year return —