QLTY vs. VOO
Compare and contrast key facts about GMO U.S. Quality ETF (QLTY) and Vanguard S&P 500 ETF (VOO).
QLTY and VOO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. QLTY is an actively managed fund by GMO. It was launched on Nov 13, 2023. VOO is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Index. It was launched on Sep 7, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: QLTY or VOO.
Correlation
The correlation between QLTY and VOO is 0.93, 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.
Performance
QLTY vs. VOO - Performance Comparison
Key characteristics
QLTY:
1.64
VOO:
1.89
QLTY:
2.23
VOO:
2.54
QLTY:
1.29
VOO:
1.35
QLTY:
2.78
VOO:
2.83
QLTY:
10.27
VOO:
11.83
QLTY:
1.90%
VOO:
2.02%
QLTY:
11.92%
VOO:
12.66%
QLTY:
-7.03%
VOO:
-33.99%
QLTY:
-0.15%
VOO:
-0.42%
Returns By Period
In the year-to-date period, QLTY achieves a 6.13% return, which is significantly higher than VOO's 4.17% return.
QLTY
6.13%
3.41%
8.06%
19.72%
N/A
N/A
VOO
4.17%
1.23%
10.51%
24.45%
14.68%
13.26%
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QLTY vs. VOO - Expense Ratio Comparison
QLTY has a 0.50% expense ratio, which is higher than VOO's 0.03% expense ratio.
Risk-Adjusted Performance
QLTY vs. VOO — Risk-Adjusted Performance Rank
QLTY
VOO
QLTY vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for GMO U.S. Quality ETF (QLTY) and Vanguard S&P 500 ETF (VOO). 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.
Dividends
QLTY vs. VOO - Dividend Comparison
QLTY's dividend yield for the trailing twelve months is around 0.75%, less than VOO's 1.19% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
QLTY GMO U.S. Quality ETF | 0.75% | 0.79% | 0.15% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VOO Vanguard S&P 500 ETF | 1.19% | 1.24% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% |
Drawdowns
QLTY vs. VOO - Drawdown Comparison
The maximum QLTY drawdown since its inception was -7.03%, smaller than the maximum VOO drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for QLTY and VOO. For additional features, visit the drawdowns tool.
Volatility
QLTY vs. VOO - Volatility Comparison
The current volatility for GMO U.S. Quality ETF (QLTY) is 2.37%, while Vanguard S&P 500 ETF (VOO) has a volatility of 2.94%. This indicates that QLTY experiences smaller price fluctuations and is considered to be less risky than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.