QLTY vs. QQQ
Compare and contrast key facts about GMO U.S. Quality ETF (QLTY) and Invesco QQQ ETF (QQQ).
QLTY and QQQ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. QLTY is a passively managed fund by GMO that tracks the performance of the S&P 500. It was launched on Nov 13, 2023. QQQ is a passively managed fund by Invesco that tracks the performance of the NASDAQ-100 Index. It was launched on Mar 10, 1999. Both QLTY and QQQ are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Performance
QLTY vs. QQQ - Performance Comparison
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QLTY vs. QQQ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
QLTY GMO U.S. Quality ETF | -5.77% | 21.26% | 21.02% | 5.68% |
QQQ Invesco QQQ ETF | -5.93% | 20.77% | 25.58% | 6.47% |
Returns By Period
The year-to-date returns for both stocks are quite close, with QLTY having a -5.77% return and QQQ slightly lower at -5.93%.
QLTY
- 1D
- 2.76%
- 1M
- -6.42%
- YTD
- -5.77%
- 6M
- 0.36%
- 1Y
- 16.68%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
QQQ
- 1D
- 3.39%
- 1M
- -4.84%
- YTD
- -5.93%
- 6M
- -3.62%
- 1Y
- 23.68%
- 3Y*
- 22.32%
- 5Y*
- 12.88%
- 10Y*
- 18.85%
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QLTY vs. QQQ - Expense Ratio Comparison
QLTY has a 0.50% expense ratio, which is higher than QQQ's 0.18% expense ratio.
Return for Risk
QLTY vs. QQQ — Risk / Return Rank
QLTY
QQQ
QLTY vs. QQQ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for GMO U.S. Quality ETF (QLTY) and Invesco QQQ ETF (QQQ). 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.
| QLTY | QQQ | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.94 | 1.05 | -0.11 |
Sortino ratioReturn per unit of downside risk | 1.50 | 1.63 | -0.13 |
Omega ratioGain probability vs. loss probability | 1.21 | 1.23 | -0.02 |
Calmar ratioReturn relative to maximum drawdown | 1.51 | 1.88 | -0.37 |
Martin ratioReturn relative to average drawdown | 5.83 | 6.95 | -1.12 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| QLTY | QQQ | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.94 | 1.05 | -0.11 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.58 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.85 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.18 | 0.37 | +0.81 |
Correlation
The correlation between QLTY and QQQ is 0.85, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
QLTY vs. QQQ - Dividend Comparison
QLTY's dividend yield for the trailing twelve months is around 0.81%, more than QQQ's 0.49% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
QLTY GMO U.S. Quality ETF | 0.81% | 0.73% | 0.79% | 0.15% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
QQQ Invesco QQQ ETF | 0.49% | 0.45% | 0.56% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% |
Drawdowns
QLTY vs. QQQ - Drawdown Comparison
The maximum QLTY drawdown since its inception was -17.00%, smaller than the maximum QQQ drawdown of -82.97%. Use the drawdown chart below to compare losses from any high point for QLTY and QQQ.
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Drawdown Indicators
| QLTY | QQQ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -17.00% | -82.97% | +65.97% |
Max Drawdown (1Y)Largest decline over 1 year | -11.71% | -12.62% | +0.91% |
Max Drawdown (5Y)Largest decline over 5 years | — | -35.12% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -35.12% | — |
Current DrawdownCurrent decline from peak | -9.28% | -8.98% | -0.30% |
Average DrawdownAverage peak-to-trough decline | -2.09% | -32.99% | +30.90% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.04% | 3.41% | -0.37% |
Volatility
QLTY vs. QQQ - Volatility Comparison
The current volatility for GMO U.S. Quality ETF (QLTY) is 5.28%, while Invesco QQQ ETF (QQQ) has a volatility of 6.51%. This indicates that QLTY experiences smaller price fluctuations and is considered to be less risky than QQQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| QLTY | QQQ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.28% | 6.51% | -1.23% |
Volatility (6M)Calculated over the trailing 6-month period | 9.73% | 12.77% | -3.04% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.77% | 22.67% | -4.90% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.81% | 22.39% | -7.58% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.81% | 22.25% | -7.44% |