QLTI vs. MEDX ETF Comparison
Comparison of GMO International Quality ETF (QLTI) to Horizon Kinetics Medical ETF (MEDX)
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
9
MEDX
Horizon Kinetics Medical ETF
MEDX Description
The fund is an actively-managed exchange-traded fund ("ETF") that pursues its investment objective by investing, under normal circumstances, at least 80% of its net assets plus any borrowings for investment purposes in common stocks, convertible securities, warrants and other equity securities having the characteristics of common stocks of U.S. and foreign companies engaged in medical research, pharmaceutical and medical technology industries and related technology industries. The fund is non-diversified.Grade (RS Rating)
Last Trade
$27.81
Average Daily Volume
1,083
32
Performance
| Period | QLTI | MEDX |
|---|---|---|
| 30 Days | -8.29% | |
| 60 Days | -10.35% | |
| 90 Days | -12.38% | |
| 12 Months | -2.56% |
QLTI Underweight 30 Positions Relative to MEDX
| Symbol | Grade | Weight | |
|---|---|---|---|
| LLY | F | -15.83% | |
| ABBV | D | -7.81% | |
| BMY | B | -6.23% | |
| AMGN | D | -5.96% | |
| AZN | D | -4.86% | |
| JNJ | D | -4.65% | |
| ALNY | D | -4.45% | |
| PFE | D | -4.04% | |
| MRK | F | -3.96% | |
| ALKS | B | -3.91% | |
| REGN | F | -3.38% | |
| BIIB | F | -3.08% | |
| CRSP | D | -2.97% | |
| IONS | F | -2.78% | |
| GSK | F | -2.32% | |
| BCYC | F | -1.95% | |
| BEAM | D | -1.51% | |
| NTLA | F | -1.3% | |
| REPL | B | -0.98% | |
| GALT | C | -0.89% | |
| VNDA | C | -0.79% | |
| LTRN | F | -0.6% | |
| EDIT | F | -0.53% | |
| GEHC | F | -0.48% | |
| TSVT | F | -0.41% | |
| ALLO | F | -0.28% | |
| VTRS | A | -0.27% | |
| PACB | F | -0.13% | |
| BLUE | F | -0.08% | |
| MURA | D | -0.05% |
QLTI: Top Represented Industries & Keywords
MEDX: Top Represented Industries & Keywords
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