QLTY vs. DJIA ETF Comparison
Comparison of GMO U.S. Quality ETF (QLTY) to Global X Dow 30 Covered Call ETF (DJIA)
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
$31.08
Average Daily Volume
276,541
10
DJIA
Global X Dow 30 Covered Call ETF
DJIA Description
Global X Dow 30 Covered Call ETF is an exchange traded fund launched and managed by Global X Management Company LLC. It invests in public equity markets of the United States. It invests directly and through derivatives in stocks of companies operating across diversified sectors. It uses derivatives such as options to create its portfolio. The fund invests in growth and value stocks of large-cap companies. The fund seeks to track the performance of the DJIA Cboe BuyWrite v2 Index, by using full replication technique. Global X Dow 30 Covered Call ETF is domiciled in the United States.Grade (RS Rating)
Last Trade
$22.18
Average Daily Volume
19,419
30
Performance
| Period | QLTY | DJIA |
|---|---|---|
| 30 Days | 4.93% | 1.94% |
| 60 Days | 7.58% | 0.62% |
| 90 Days | 5.86% | -0.49% |
| 12 Months | 6.60% |
QLTY Underweight 25 Positions Relative to DJIA
| Symbol | Grade | Weight | |
|---|---|---|---|
| GS | A | -7.49% | |
| HD | C | -5.74% | |
| CAT | C | -5.5% | |
| AMGN | B | -5.27% | |
| V | D | -4.48% | |
| MCD | F | -4.34% | |
| CRM | D | -4.25% | |
| AXP | C | -3.84% | |
| HON | B | -3.6% | |
| TRV | D | -3.48% | |
| JPM | A | -3.34% | |
| BA | C | -3.07% | |
| IBM | B | -2.87% | |
| PG | C | -2.8% | |
| CVX | C | -2.63% | |
| MRK | C | -2.18% | |
| MMM | B | -1.73% | |
| DIS | D | -1.72% | |
| NKE | F | -1.58% | |
| WMT | B | -1.14% | |
| KO | A | -1.07% | |
| DOW | D | -0.89% | |
| CSCO | C | -0.8% | |
| VZ | A | -0.69% | |
| INTC | F | -0.51% |
QLTY: Top Represented Industries & Keywords
DJIA: Top Represented Industries & Keywords
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