SQS ranks 3rd and BCGD 4th of 5 funds in the Global Active Quality / Moat Category.
BCGD vs SQS
22.3%by weight
BCGD −0.05pt a year
0.75%0.80%
SQS 5.6×the volume
2.04K11.3K
BCGD vs SQS Performance
−0.9%−2.8%
- BCGD 0.75%, better
- SQS 0.80%
- BCGD $10M
- SQS $1.35B
- BCGD 41
- SQS 35
- BCGD 2.04K sh
- SQS 11.3K sh, better
- BCGD $25.97
- SQS $27.05
ETF.net Grade
| Pillar | BCGD | SQS |
|---|---|---|
| Cost | C52Higher | D29 |
| Mission | ||
| Risk | D32 | B59Higher |
| Tradability | D32 | B58Higher |
| Holdings | B57Higher | D35 |
| Durability | D39 | B68Higher |
Rank among Global Active Quality / Moat funds
Same Category. BCGD and SQS are both graded against the same 5 Global Active Quality / Moat funds, so their Grades compare head to head.
Our read on each fund
BCGDC
SQSC
In short
SQS A boutique manager's concentrated take on global quality and growth, in an ETF wrapper. Actively picked, non-diversified, no index to hide behind, and it showed up with multi-billion-dollar size for a 2026 debut.
Stated mandate
SQS The Fund seeks long-term total return. It is actively managed and invests in companies that the sub-adviser believes have quality and growth characteristics across sectors and geographies.
Why people hold it
Worth knowing
BCGD vs SQS Holdings
How BCGD and SQS differ
22.3%
Shared holdings make up 30.6% of SQS and 27.9% of BCGD.
Level by level
- Holdings22.3%
- Country66.8%
Sector
No Sector split for SQS.
Country, concentration and asset class
Country
| Country | More in BCGDMore in SQS | BCGD | SQS |
|---|---|---|---|
| United States | SQS +32.8 points | 63.5% | 96.3% |
| Canada | BCGD +5.8 points | 5.8% | 0.0% |
| Taiwan | BCGD +4.9 points | 7.4% | 2.5% |
| Netherlands | BCGD +4.5 points | 4.5% | 0.0% |
| Sweden | BCGD +4.3 points | 4.3% | 0.0% |
| Japan | BCGD +4.1 points | 4.1% | 0.0% |
| Brazil | BCGD +3.8 points | 3.8% | 0.0% |
| Italy | BCGD +1.8 points | 1.8% | 0.0% |
| Other countries (4) | BCGD +3.7 points | 5.0% | 1.3% |
Outside the US: BCGD 60% developed, 40% emerging.
Concentration
- BCGD49.5%
- SQS56.0%
- BCGD40
- SQS35
Asset class
- BCGD
- Equity
- SQS
- Equity
Holdings
- Only in BCGD33
- In both7
- Only in SQS28
Only in BCGD
33 securities, 70.8% of BCGD by weight
- Visa Inc Class A Shares6.64%
- Alphabet Inc Class C4.41%
- S+p Global Inc4.37%
- Asml Holding NV Ny Reg Shs4.18%
- Cme Group Inc4.18%
- Brookfield Corp3.02%
- Welltower Inc2.95%
- Hilton Worldwide Holdings In2.77%
- Msci Inc2.62%
- Ajinomoto Co Inc2.60%
- Transdigm Group Inc2.19%
- Atlas Copco Ab A Shs2.19%
- Constellation Software Inc2.09%
- Lifco Ab B Shs2.05%
- Nu Holdings Ltd/Cayman Isl A1.94%
- Heico Corp Class A1.80%
- Thermo Fisher Scientific Inc1.79%
- Stevanato Group Spa1.71%
- Mercadolibre Inc1.71%
- Hermes International1.59%
- Keyence Corp1.47%
- Tencent Holdings Ltd Uns Adr1.45%
- Kkr & Co Inc1.21%
- Quanta Services Inc1.18%
- Lpl Financial Holdings Inc1.13%
- Ferrari NV1.09%
- Amphenol Corp Class A1.09%
- Bajaj Finance Ltd1.05%
- Watsco Inc1.00%
- Coupang Inc0.99%
- Samsung Electr Gdr Reg’s0.86%
- Waste Connections Inc0.79%
- Applovin Corp Class A0.64%
Only in SQS
28 securities, 69.5% of SQS by weight
- Apple Inc8.08%
- Alphabet Inc6.35%
- Microsoft Corp5.98%
- Vistra Corp3.96%
- Micron Technology Inc3.86%
- JPMorgan Chase & Co.3.31%
- Palo Alto Networks Inc2.66%
- Ascendis Pharma A/S2.64%
- Vertiv Holdings Co2.39%
- Johnson & Johnson2.15%
- Chevron Corp2.07%
- Costco Wholesale Corp1.96%
- Workday Inc1.92%
- Wells Fargo & Co1.77%
- TJX Cos Inc/The1.73%
- Bank of America Corp1.68%
- Morgan Stanley1.63%
- Booking Holdings Inc1.61%
- GE Vernova Inc1.52%
- Ge Aerospace1.51%
- O'Reilly Automotive Inc1.48%
- Kinder Morgan Inc1.46%
- M&T Bank Corp1.45%
- Royal Gold Inc1.38%
- First American Government Obligations Fund 12/01/20311.32%
- Vertex Pharmaceuticals Inc1.28%
- SK hynix Inc1.19%
- ServiceNow Inc1.14%
Weight gaps
All 7 Holdings in both funds, largest gap first.
| Holding | More in BCGDMore in SQS | BCGD | SQS |
|---|---|---|---|
| Taiwan Semiconductor Sp Adr | BCGD +4.58 points | 6.91% | 2.33% |
| NVIDIA Corp | SQS +3.28 points | 6.10% | 9.38% |
| Broadcom Inc | SQS +2.74 points | 0.95% | 3.69% |
| Eli Lilly & Co | SQS +2.27 points | 3.85% | 6.12% |
| Amazon.com Inc | BCGD +0.40 points | 5.69% | 5.29% |
| Meta Platforms Inc Class A | BCGD +0.39 points | 3.14% | 2.75% |
| Monolithic Power Systems Inc | BCGD +0.29 points | 1.30% | 1.01% |
How we measure overlap
Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.
BCGD vs SQS Cost
Overpaying SQS vs BCGD
$864
On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.
BCGD 0.75%
$14,482
SQS 0.80%
$15,346
Cost over time
Year by year
| Year | BCGD | SQS | Overpaying |
|---|---|---|---|
| 10 | $1,336 | $1,422 | $86 |
| 20 | $5,078 | $5,393 | $315 |
| 30 | $14,482 | $15,346 | $864 |
- 0.75%BCGD, cheaper
- 0.80%SQS
- Middle half of Global Active Quality / Moat funds
- Median 0.75%
BCGD 2nd cheapest of 5 funds
SQS 4th cheapest of 5 funds
BCGD vs SQS Dividends
- BCGD None
- SQS None
Distribution history
BCGD vs SQS Risk
Fall from peak · 5 years
Risk facts
- Market sensitivity
- BCGD 1.08SQS 1.12
Popular comparisons
- 0.75% · 0.75%
- Same Category. Both funds are graded against the same funds, so their Grades compare head to head.
- 0.80% · 0.75%
- Same Category. Both funds are graded against the same funds, so their Grades compare head to head.
- 0.75% · 0.52%
- Same Category. Both funds are graded against the same funds, so their Grades compare head to head.
- 0.80% · 0.52%
- Same Category. Both funds are graded against the same funds, so their Grades compare head to head.
- 0.75% · 1.00%
- Same Category. Both funds are graded against the same funds, so their Grades compare head to head.
- 0.80% · 1.00%
- Same Category. Both funds are graded against the same funds, so their Grades compare head to head.