Key stats
About The 2023 ETF Series Trust II GMO U.S. Quality ETF
Expense ratio
0.50%
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Inception date
Nov 13, 2023
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.
Classification
What's in the fund
Exposure type
Technology Services
Health Technology
Electronic Technology
Consumer Non-Durables
Stock breakdown by region