QLTI vs. EMEQ ETF Comparison

Comparison of GMO International Quality ETF (QLTI) to Macquarie Focused Emerging Markets Equity ETF (EMEQ)

QLTI

GMO International Quality ETF

QLTI Description

QLTI seeks total return by investing in non-US equities that it considers to be high-quality. A high-quality company is defined by its solid operational foundation and ability to generate future returns. For its selection process, QLTI utilizes a mix of quantitative metrics, such as profitability and leverage, along with qualitative assessments of market conditions and growth prospects. It focuses on identifying companies that have demonstrated strong returns on past investments and show potential for effective cash flow management, whether through reinvestment or shareholder returns. Valuation techniques, including discounted cash flow and price-to-earnings ratios, help identify stocks that may be undervalued. While QLTI has flexibility in targeting specific sectors or regions, it maintains liquidity through investments in the GMO US Treasury Fund and other money market instruments, allowing for varied exposure across developed and emerging markets.

Grade (RS Rating)

Last Trade

$23.28

Average Daily Volume

12,554

Number of Holdings ^*

* may have additional holdings in another (foreign) market

EMEQ

Macquarie Focused Emerging Markets Equity ETF

EMEQ Description

Under normal circumstances, the fund will invest at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in equity securities of emerging markets issuers. The fund invests primarily in a broad range of equity securities of companies located in emerging market countries and may invest in companies of any size. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$25.38

Average Daily Volume

5,059

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	QLTI	EMEQ
30 Days		-5.53%
60 Days		-1.36%
90 Days
12 Months

1 Overlapping Holdings

	Symbol	Grade	Weight in QLTI	Weight in EMEQ	Overlap
	FMX	F	1.97%	0.89%	0.89%

QLTI Overweight 8 Positions Relative to EMEQ

Symbol	Grade	Weight
TSM	B	4.79%
SAP	B	4.7%
NVS	D	4.38%
NVO	D	4.01%
ASML	F	3.72%
UL	D	3.51%
HLN	D	2.99%
DEO	F	2.63%

QLTI Underweight 19 Positions Relative to EMEQ

Symbol	Grade	Weight
BABA	D	-4.5%
PDD	F	-2.54%
PBR	C	-2.22%
HDB	C	-2.11%
INFY	B	-1.41%
ITUB	F	-1.36%
BAP	B	-1.09%
BGNE	D	-1.01%
ABEV	F	-0.97%
KOF	F	-0.9%
CX	D	-0.67%
BBD	D	-0.67%
TCOM	B	-0.63%
GRAB	B	-0.62%
TAL	F	-0.59%
RDY	F	-0.55%
BIDU	F	-0.5%
BILI	D	-0.5%
ZTO	F	-0.47%