The 2023 ETF Series Trust II GMO U.S. Quality ETFThe 2023 ETF Series Trust II GMO U.S. Quality ETFThe 2023 ETF Series Trust II GMO U.S. Quality ETF

The 2023 ETF Series Trust II GMO U.S. Quality ETF

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Key stats

Assets under management (AUM)
‪579.27 M‬USD
Fund flows (1Y)
Dividend yield (indicated)
0.59%
Discount/Premium to NAV
−0.05%

About The 2023 ETF Series Trust II GMO U.S. Quality ETF

Issuer
Grantham, Mayo, Van Otterloo & Co. LLC
Brand
GMO
Expense ratio
0.50%
Home page
Inception date
Nov 13, 2023
Index tracked
No Underlying Index
Management style
Active
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

Asset Class
Equity
Category
Size and style
Focus
Total market
Niche
Broad-based
Strategy
Active
Weighting scheme
Proprietary
Selection criteria
Proprietary

Returns

1 month3 monthsYear to date1 year3 years5 years
Price performance
NAV total return

What's in the fund

As of April 26, 2024
Exposure type
StocksBonds, Cash & Other
Technology Services
Health Technology
Electronic Technology
Consumer Non-Durables
Stocks99.48%
Technology Services25.13%
Health Technology16.05%
Electronic Technology12.24%
Consumer Non-Durables10.21%
Health Services9.88%
Producer Manufacturing9.03%
Finance5.67%
Retail Trade5.24%
Consumer Services3.92%
Commercial Services2.10%
Bonds, Cash & Other0.52%
Cash0.52%
Stock breakdown by region
100%
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings

Dividends

Dividend payout history

Assets under management (AUM)

Fund Flows