QLTI vs. PPH ETF Comparison

Comparison of GMO International Quality ETF (QLTI) to Market Vectors Pharmaceutical ETF (PPH)

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

PPH

Market Vectors Pharmaceutical ETF

PPH Description

The investment seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the Market Vectors US Listed Pharmaceutical 25 Index (the "Pharmaceutical Index"). The fund normally invests at least 80% of its total assets in securities that comprise the fund's benchmark index. The Pharmaceutical Index is comprised of common stocks and depositary receipts of U.S. exchange-listed companies in the pharmaceutical industry. Such companies may include medium-capitalization companies and foreign companies that are listed on a U.S. exchange. It is non-diversified.

Grade (RS Rating)

Last Trade

$88.58

Average Daily Volume

202,752

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	QLTI	PPH
30 Days		-4.99%
60 Days		-7.40%
90 Days		-9.32%
12 Months		15.09%

3 Overlapping Holdings

Symbol	Grade	Weight in QLTI	Weight in PPH	Overlap
HLN	D	2.99%	4.56%	2.99%
NVO	D	4.01%	7.69%	4.01%
NVS	D	4.38%	5.01%	4.38%

QLTI Overweight 6 Positions Relative to PPH

Symbol	Grade	Weight
TSM	B	4.79%
SAP	B	4.7%
ASML	F	3.72%
UL	D	3.51%
DEO	F	2.63%
FMX	F	1.97%

QLTI Underweight 21 Positions Relative to PPH

Symbol	Grade	Weight
LLY	F	-11.57%
JNJ	D	-6.86%
MCK	B	-6.08%
BMY	B	-5.89%
ABBV	D	-5.76%
COR	B	-5.18%
MRK	F	-4.8%
ZTS	D	-4.68%
TAK	F	-4.6%
AZN	D	-4.41%
SNY	F	-4.26%
PFE	D	-4.23%
GSK	F	-3.88%
TEVA	D	-3.65%
VTRS	A	-2.27%
CTLT	B	-1.14%
JAZZ	B	-1.11%
ELAN	D	-0.65%
OGN	D	-0.57%
PRGO	B	-0.49%
PDCO	D	-0.24%