ETFT vs SQS

ETFTDFundsmith Equity ETF

SQSCSapient Quality Select ETF

In short

ETFT A global quality-growth stockpicker in an ETF wrapper, live since late 2025: profitable, growing companies of any size, anywhere, with at least 80% of assets in equities.

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

ETFT The Fund seeks long-term growth by investing globally in listed equities, with at least 80% of net assets normally in equity securities and a primary focus on common stocks of U.S. and non-U.S. companies of any size.

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

• ETFT Tight, legible mandate: US and non-US common stocks of any size, chosen on growth, profitability and quality rather than index weights.
• Genuinely global and size-agnostic. No country sleeves, no market-cap box, just one portfolio of businesses.
• Aimed at long-term growth rather than income, so the work is done by the companies it owns instead of a payout schedule.

• SQS Genuinely active: the sub-adviser buys companies it judges to have quality and growth traits across sectors and geographies, US and overseas, rather than tracking a global index.sec.gov
• Non-diversified by design, so high-conviction names can carry real weight instead of being diluted across thousands of tickers.etfarchitect.com
• Rare for a 2026 launch: it is already a multi-billion-dollar fund, and it sits in the upper half of its global active-equity peer group.

Worth knowing

• ETFT The fee is 1.00% a year, at the pricier end of this peer group. Cheaper active global growth exists, such as CGGO at 0.47%.
• Launched in late 2025, so there is very little live record to judge, and our review currently places it in the lower half of its cohort.
• Still a small, thinly traded fund, which typically means wider bid-ask spreads than the heavily traded names in the category.

• SQS 0.80% a year, above the 0.69% median for its peer group and many times what index-built global rivals like GSWO (0.15%) or AVGE (0.25%) charge.
• Trades lightly for its size, so bid/ask spreads can run wider than on household-name global funds.
• Live since March 2026, so the track record is short, and a concentrated book means single names move the ride more.etfarchitect.com

Full ETFT profile⁠

Full SQS profile⁠