QLTY: High Quality Does Not Guarantee Outperformance, Hold Rating Maintained
GMO U.S. Quality ETF employs an active, quality-centered strategy that brings together fundamental and quantitative methods. I maintain the Hold rating on QLTY owing to its recent underperformance vs. IVV, unappealing risk metrics, and the factor mix light in GARP stocks. Quality characteristics of the QLTY portfolio are impressive, yet they alone cannot drive outperformance.
QLTY: Excellent Factor Mix, Robust Returns, A Few Issues Not To Overlook
QLTY: Excellent Factor Mix, Robust Returns, A Few Issues Not To Overlook
QLTY's 37% Tech Allocation Was A Tailwind; Now It's A Liability
The GMO U.S. Quality ETF (NASDAQ:QLTY) has attracted $3 billion since launching in November 2023 by focusing on companies with exceptional returns on capital.
GMO Expands ETF Lineup With New Value & Quality Funds
On Tuesday, GMO launched three new active ETFs. They are the GMO International Quality ETF (QLTI), the GMO U.S. Value ETF (GMOV), and the GMO International Value ETF (GMOI).
