IHI vs. QLTY ETF Comparison

Comparison of iShares U.S. Medical Devices ETF (IHI) to GMO U.S. Quality ETF (QLTY)
IHI

iShares U.S. Medical Devices ETF

IHI Description

The investment seeks to track the investment results of an index composed of U.S. equities in the medical devices sector. The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. It seeks to track the investment results of the Dow Jones U.S. Select Medical Equipment Index (the "underlying index"), which measures the performance of the medical equipment sector of the U.S. equity market. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$60.49

Average Daily Volume

476,015

Number of Holdings *

48

* may have additional holdings in another (foreign) market
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

$32.50

Average Daily Volume

266,801

Number of Holdings *

34

* may have additional holdings in another (foreign) market
Performance
Period IHI QLTY
30 Days 0.37% -0.19%
60 Days 1.54% -0.46%
90 Days 3.61% 2.25%
12 Months 21.16% 26.26%
2 Overlapping Holdings
Symbol Grade Weight in IHI Weight in QLTY Overlap
ABT B 16.82% 4.17% 4.17%
ISRG A 15.61% 2.92% 2.92%
IHI Overweight 46 Positions Relative to QLTY
Symbol Grade Weight
SYK A 11.15%
BSX A 4.67%
EW C 4.42%
GEHC C 4.38%
MDT D 4.31%
BDX F 4.29%
RMD C 4.04%
IDXX F 3.82%
DXCM C 3.56%
ZBH C 2.69%
STE D 2.54%
PODD B 2.14%
HOLX D 2.14%
BAX F 1.91%
PEN B 1.08%
GMED A 1.07%
TFX F 1.06%
GKOS A 0.89%
MASI B 0.83%
INSP F 0.6%
PRCT B 0.54%
ITGR B 0.52%
AXNX A 0.42%
NVST C 0.41%
LIVN D 0.33%
TMDX F 0.31%
NARI C 0.3%
ENOV C 0.3%
IRTC C 0.29%
CNMD C 0.26%
QDEL F 0.25%
OMCL C 0.25%
LMAT A 0.24%
TNDM D 0.21%
ATRC C 0.2%
NVCR C 0.19%
IART C 0.18%
AORT B 0.12%
ATEC C 0.1%
OFIX B 0.08%
AXGN D 0.07%
VREX B 0.07%
SIBN F 0.06%
SRDX B 0.06%
FNA B 0.05%
TMCI C 0.04%
IHI Underweight 32 Positions Relative to QLTY
Symbol Grade Weight
MSFT D -6.46%
AAPL C -5.33%
ORCL A -4.71%
META C -4.5%
GOOGL B -4.43%
JNJ D -4.24%
UNH B -3.62%
TXN C -3.53%
ACN B -3.3%
V A -3.22%
PG C -3.2%
KLAC F -2.85%
LRCX F -2.85%
CRM B -2.84%
KO D -2.81%
HLT A -2.62%
ARMK B -2.56%
ELV F -2.5%
WFC A -2.45%
AVGO D -2.45%
MRK F -2.41%
AMZN B -2.4%
USB A -2.31%
OTIS D -2.25%
TJX A -2.14%
GE D -1.73%
MDLZ F -1.72%
LLY F -1.61%
STZ D -1.59%
CI D -1.49%
DGX A -1.35%
TMO D -0.91%
Compare ETFs