QLTY vs. GMOD

Last updated Jul 14, 2026

QLTY (GMO U.S. Quality ETF) and GMOD (GMO Dynamic Allocation ETF) are both exchange-traded funds - QLTY is a Large Cap Blend Equities fund tracking the S&P 500, while GMOD is a Tactical Allocation fund actively managed by GMO. QLTY is passively managed, while GMOD is actively managed. Their correlation of 0.83 suggests significant overlap in exposure. Both charge a 0.50% expense ratio.

Performance

QLTY vs. GMOD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in GMO U.S. Quality ETF (QLTY) and GMO Dynamic Allocation ETF (GMOD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, QLTY achieves a 8.86% return, which is significantly higher than GMOD's 7.11% return.

QLTY

• 1D: -0.55%
• 1M: 1.45%
• 6M: 4.80%
• YTD: 8.86%
• 1Y: 22.14%
• 3Y*: —
• 5Y*: —
• 10Y*: —

GMOD

• 1D: -0.60%
• 1M: -0.23%
• 6M: 4.70%
• YTD: 7.11%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

QLTY vs. GMOD - Yearly Performance Comparison

	2026 (YTD)	2025
QLTY GMO U.S. Quality ETF	8.86%	5.53%
GMOD GMO Dynamic Allocation ETF	7.11%	4.35%

Correlation

The correlation between QLTY and GMOD is 0.83, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Oct 14, 2025	0.83

Return for Risk

QLTY vs. GMOD — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

QLTY

QLTY Risk / Return Rank: 62
QLTY Sharpe Ratio Rank: 69
QLTY Sortino Ratio Rank: 70
QLTY Omega Ratio Rank: 66
QLTY Calmar Ratio Rank: 47
QLTY Martin Ratio Rank: 56

GMOD

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

QLTY vs. GMOD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for GMO U.S. Quality ETF (QLTY) and GMO Dynamic Allocation ETF (GMOD). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	QLTY	GMOD	Difference
Sharpe ratio: Return per unit of total volatility	1.77	—	—
Sortino ratio: Return per unit of downside risk	2.52	—	—
Omega ratio: Gain probability vs. loss probability	1.31	—	—
Calmar ratio: Return relative to maximum drawdown	1.90	—	—
Martin ratio: Return relative to average drawdown	7.68	—	—

Drawdowns

QLTY vs. GMOD - Drawdown Comparison

The maximum QLTY drawdown since its inception was -17.00%, which is greater than GMOD's maximum drawdown of -6.50%. Use the drawdown chart below to compare losses from any high point for QLTY and GMOD.

Drawdown Indicators

	QLTY	GMOD	Difference
Max Drawdown Largest peak-to-trough decline	-17.00%	-6.50%	-10.50%
Max Drawdown (1Y) Largest decline over 1 year	-11.71%	—	—
Current Drawdown Current decline from peak	-0.55%	-0.90%	+0.35%
Average Drawdown Average peak-to-trough decline	-2.01%	-1.10%	-0.91%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.89%	—	—

Volatility

Volatility by Period

	QLTY	GMOD	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.59%	—	—
Volatility (6M) Calculated over the trailing 6-month period	9.61%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	12.58%	8.89%	+3.69%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.59%	8.89%	+5.70%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.59%	8.89%	+5.70%

QLTY vs. GMOD - Expense Ratio Comparison

Both QLTY and GMOD have an expense ratio of 0.50%.

Dividends

QLTY vs. GMOD - Dividend Comparison

QLTY's dividend yield for the trailing twelve months is around 0.72%, less than GMOD's 1.37% yield.

Position	TTM	2025	2024	2023
GMOD GMO Dynamic Allocation ETF	1.37%	0.93%	0.00%	0.00%
QLTY GMO U.S. Quality ETF	0.72%	0.73%	0.79%	0.15%

Frequently Asked Questions

Can I hold both QLTY and GMOD in my portfolio?

QLTY and GMOD have a correlation of 0.83, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, QLTY or GMOD?

Both ETFs have the same 0.50% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, QLTY or GMOD?

QLTY and GMOD have the same expense ratio: 0.50% per year.

Which ETF pays a higher dividend yield, QLTY or GMOD?

GMOD has the higher dividend yield at 1.37%, compared with 0.72% for QLTY.

What is the main difference between QLTY and GMOD?

QLTY is categorized as Large Cap Blend Equities, while GMOD is Tactical Allocation.