LGRO vs. QLTY ETF Comparison

Comparison of Level Four Large Cap Growth Active ETF (LGRO) to GMO U.S. Quality ETF (QLTY)

LGRO

Level Four Large Cap Growth Active ETF

LGRO Description

The fund invests primarily in equity securities of carefully selected, high-quality U.S. companies. The fund invests primarily in the domestic equity securities of companies selected by Level Four Capital Management, LLC for their growth potential within various market sectors.

Grade (RS Rating)

Last Trade

$35.19

Average Daily Volume

1,898

Number of Holdings ^*

* 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

$32.76

Average Daily Volume

264,533

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	LGRO	QLTY
30 Days	5.61%	2.22%
60 Days	6.52%	0.43%
90 Days	11.03%	3.18%
12 Months	35.50%	27.32%

11 Overlapping Holdings

Symbol	Grade	Weight in LGRO	Weight in QLTY	Overlap
AAPL	C	7.16%	5.33%	5.33%
AMZN	C	5.56%	2.4%	2.4%
AVGO	D	1.83%	2.45%	1.83%
CRM	B	2.04%	2.84%	2.04%
GOOGL	C	5.03%	4.43%	4.43%
LRCX	F	2.72%	2.85%	2.72%
META	D	3.28%	4.5%	3.28%
MSFT	F	5.75%	6.46%	5.75%
STZ	D	0.79%	1.59%	0.79%
UNH	C	2.51%	3.62%	2.51%
V	A	0.98%	3.22%	0.98%

LGRO Overweight 36 Positions Relative to QLTY

Symbol	Grade	Weight
NVDA	C	4.33%
BKNG	A	3.65%
BLK	C	3.47%
PYPL	B	3.31%
TWLO	A	2.74%
SNOW	C	2.66%
UBER	D	2.59%
MS	A	2.44%
NOW	A	2.43%
DOCU	A	2.41%
NFLX	A	2.34%
RH	B	2.23%
MSCI	C	2.16%
HD	A	2.09%
MA	C	1.94%
Z	A	1.49%
MPWR	F	1.49%
MU	D	1.48%
AMAT	F	1.44%
PANW	C	1.14%
PSX	C	1.12%
LMT	D	1.07%
FIS	C	1.05%
ABBV	D	1.03%
URI	B	1.02%
PAYC	B	0.99%
CTSH	B	0.98%
PHM	D	0.97%
VRTX	F	0.96%
MCD	D	0.91%
DIS	B	0.87%
FTV	C	0.85%
TDG	D	0.85%
ETSY	D	0.65%
BIIB	F	0.64%
EL	F	0.26%

LGRO Underweight 23 Positions Relative to QLTY

Symbol	Grade	Weight
ORCL	B	-4.71%
JNJ	D	-4.24%
ABT	B	-4.17%
TXN	C	-3.53%
ACN	C	-3.3%
PG	A	-3.2%
ISRG	A	-2.92%
KLAC	D	-2.85%
KO	D	-2.81%
HLT	A	-2.62%
ARMK	B	-2.56%
ELV	F	-2.5%
WFC	A	-2.45%
MRK	F	-2.41%
USB	A	-2.31%
OTIS	C	-2.25%
TJX	A	-2.14%
GE	D	-1.73%
MDLZ	F	-1.72%
LLY	F	-1.61%
CI	F	-1.49%
DGX	A	-1.35%
TMO	F	-0.91%