QLTY vs. GVIP ETF Comparison
Comparison of GMO U.S. Quality ETF (QLTY) to Goldman Sachs Hedge Industry VIP ETF (GVIP)
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
$32.55
Average Daily Volume
257,208
34
GVIP
Goldman Sachs Hedge Industry VIP ETF
GVIP Description
The Goldman Sachs Hedge Industry VIP ETF seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the Goldman Sachs Hedge Fund VIP Index.Grade (RS Rating)
Last Trade
$126.06
Average Daily Volume
4,458
49
Performance
| Period | QLTY | GVIP |
|---|---|---|
| 30 Days | 0.18% | 3.37% |
| 60 Days | 1.34% | 8.93% |
| 90 Days | 3.63% | 10.91% |
| 12 Months | 29.17% | 40.21% |
11 Overlapping Holdings
| Symbol | Grade | Weight in QLTY | Weight in GVIP | Overlap | |
|---|---|---|---|---|---|
| AAPL | C | 5.31% | 1.77% | 1.77% | |
| AMZN | A | 2.31% | 2.15% | 2.15% | |
| AVGO | C | 2.13% | 1.96% | 1.96% | |
| CRM | B | 2.58% | 2.34% | 2.34% | |
| GE | D | 1.86% | 1.91% | 1.86% | |
| GOOGL | C | 4.14% | 1.99% | 1.99% | |
| LLY | F | 1.67% | 1.54% | 1.54% | |
| META | B | 4.38% | 1.95% | 1.95% | |
| MSFT | C | 6.6% | 1.78% | 1.78% | |
| UNH | B | 3.62% | 1.86% | 1.86% | |
| V | A | 2.95% | 2.08% | 2.08% |
QLTY Overweight 23 Positions Relative to GVIP
QLTY Underweight 38 Positions Relative to GVIP
| Symbol | Grade | Weight | |
|---|---|---|---|
| GEV | B | -3.08% | |
| LBRDK | C | -2.75% | |
| APO | B | -2.71% | |
| HUBS | B | -2.54% | |
| FI | A | -2.29% | |
| KKR | B | -2.27% | |
| SPOT | A | -2.2% | |
| NVDA | A | -2.2% | |
| ALIT | C | -2.18% | |
| NFLX | A | -2.17% | |
| WDAY | B | -2.13% | |
| BABA | D | -2.03% | |
| MA | B | -2.02% | |
| JPM | A | -2.0% | |
| NTRA | B | -2.0% | |
| SN | C | -2.0% | |
| CZR | F | -1.99% | |
| TSM | C | -1.98% | |
| PGR | A | -1.96% | |
| FCNCA | B | -1.91% | |
| TDG | D | -1.9% | |
| THC | B | -1.87% | |
| ET | A | -1.87% | |
| BRK.A | B | -1.86% | |
| EDR | B | -1.85% | |
| HES | B | -1.84% | |
| MELI | D | -1.83% | |
| WDC | D | -1.82% | |
| AER | B | -1.8% | |
| AMD | F | -1.79% | |
| HCP | A | -1.77% | |
| UBER | F | -1.74% | |
| ADBE | C | -1.71% | |
| ACI | C | -1.69% | |
| TEVA | D | -1.67% | |
| IAC | F | -1.67% | |
| X | D | -1.66% | |
| INSM | C | -1.64% |
QLTY: Top Represented Industries & Keywords
GVIP: Top Represented Industries & Keywords
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