Key stats
About The 2023 ETF Series Trust II GMO International Quality ETF
Expense ratio
0.60%
Home page
Inception date
Oct 28, 2024
QLTI seeks total return by investing in non-US equities that it considers to be high-quality. A high-quality company is defined by its solid operational foundation and ability to generate future returns. For its selection process, QLTI utilizes a mix of quantitative metrics, such as profitability and leverage, along with qualitative assessments of market conditions and growth prospects. It focuses on identifying companies that have demonstrated strong returns on past investments and show potential for effective cash flow management, whether through reinvestment or shareholder returns. Valuation techniques, including discounted cash flow and price-to-earnings ratios, help identify stocks that may be undervalued. While QLTI has flexibility in targeting specific sectors or regions, it maintains liquidity through investments in the GMO US Treasury Fund and other money market instruments, allowing for varied exposure across developed and emerging markets.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Consumer Non-Durables
Health Technology
Electronic Technology
Technology Services
Stocks99.42%
Consumer Non-Durables26.67%
Health Technology17.19%
Electronic Technology13.27%
Technology Services11.66%
Producer Manufacturing7.09%
Process Industries5.60%
Retail Trade4.21%
Consumer Services4.14%
Transportation3.96%
Distribution Services3.16%
Finance2.45%
Bonds, Cash & Other0.58%
Cash0.58%
Stock breakdown by region
North America68.08%
Europe26.36%
Asia3.51%
Oceania2.05%
Latin America0.00%
Africa0.00%
Middle East0.00%
Top 10 holdings
Dividends
Dividend payout history