QLTY vs. EDOW ETF Comparison
Comparison of GMO U.S. Quality ETF (QLTY) to First Trust Dow 30 Equal Weight ETF (EDOW)
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
$32.03
Average Daily Volume
251,533
34
EDOW
First Trust Dow 30 Equal Weight ETF
EDOW Description
The investment seeks investment results that correspond generally to the price and yield of an equity index called the Dow Jones Industrial Average Equal Weight Index. The fund will normally invest at least 90% of its net assets (including investment borrowings) in the common stocks that comprise the index. The index is the equal weight version of the Dow Jones Industrial Average (the DJIA). The DJIA is composed of 30 securities issued by blue-chip U.S. companies covering all industries, with the exception of transportation and utilities.Grade (RS Rating)
Last Trade
$36.56
Average Daily Volume
20,428
30
Performance
| Period | QLTY | EDOW |
|---|---|---|
| 30 Days | -1.60% | -0.13% |
| 60 Days | -1.17% | 2.21% |
| 90 Days | 0.79% | 5.33% |
| 12 Months | 25.02% | 20.65% |
10 Overlapping Holdings
QLTY Overweight 24 Positions Relative to EDOW
| Symbol | Grade | Weight | |
|---|---|---|---|
| ORCL | A | 4.71% | |
| META | C | 4.5% | |
| GOOGL | B | 4.43% | |
| ABT | A | 4.17% | |
| TXN | C | 3.53% | |
| ACN | C | 3.3% | |
| ISRG | A | 2.92% | |
| KLAC | F | 2.85% | |
| LRCX | F | 2.85% | |
| HLT | A | 2.62% | |
| ARMK | C | 2.56% | |
| ELV | F | 2.5% | |
| WFC | A | 2.45% | |
| AVGO | C | 2.45% | |
| USB | B | 2.31% | |
| OTIS | C | 2.25% | |
| TJX | A | 2.14% | |
| GE | D | 1.73% | |
| MDLZ | F | 1.72% | |
| LLY | F | 1.61% | |
| STZ | D | 1.59% | |
| CI | D | 1.49% | |
| DGX | A | 1.35% | |
| TMO | F | 0.91% |
QLTY Underweight 20 Positions Relative to EDOW
QLTY: Top Represented Industries & Keywords
EDOW: Top Represented Industries & Keywords
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