GMO U.S. Quality ETF
GMO ETF Trust · 1 share class
Fund classification
Classified from what the fund holds · as of 2026 Q2
GMO U.S. Quality ETF is an actively managed U.S. equity ETF. 12% of QLTY’s stock holdings are in companies whose revenue grew in the top quartile of U.S. companies over the last five fiscal years (covering 98% of the fund’s equity).
- Asset class
- Equity
- Region
- United States
- Management
- Actively managed
- Fund type
- ETF
- Features
- Fund of funds
Fund profile
As filed in the prospectus · 2026 Q2
Total return.
The fund is actively managed and invests primarily in equities of U.S. companies that GMO identifies as high quality, defined by strong returns on past investments and the capacity to deploy cash flows toward high-return investments or shareholder distributions. GMO selects securities using both systematic analysis of profitability, profit stability, and leverage, and judgmental assessment of future capital allocation and competitive positioning, with holdings valued at discounts to estimated intrinsic value. The fund invests at least 80% of assets directly and through underlying funds in quality companies and those tied economically to the United States. Because investment decisions rest on GMO's assessments of future profitability and capital allocation, which may prove incorrect, fund performance depends on the accuracy of those judgments.
| Share class | Expense ratio |
|---|---|
| QLTY | 0.50% |
Portfolio turnover 4.00% · as of 2026 Q2
Allocation
Asset groups · long / short shown separately, never netted · 2026 Q2
| Stocks | 99.69% |
| Cash & short-term | 0.28% |
Sector allocation
The same holdings as Allocation above, grouped by market sector instead of asset type · as of 2026 Q2
| Information Technology | 36.2% |
| Health Care | 22.1% |
| Communication Services | 11.6% |
| Consumer Discretionary | 9.9% |
| 5 smaller | 20.2% |
Government, Securitized and Cash are non-corporate buckets; International is foreign holdings we don’t sector-classify, and Other is the residual (held funds, unresolved names).
Portfolio growth profile
How much of the fund’s stock holdings are in fast-growing companies · as of 2026 Q2
Share of the fund’s equity (by value) in companies whose trailing five-year revenue — or net-income — growth ranks in the top 25% of U.S. public companies. Foreign and newly-listed holdings are excluded, so the figure covers only part of the book. From SEC filings — not investment advice. How we measure this.
Latest quarter
What changed since the fund's previous filing
Return profile
Total return as filed — price change plus distributions reinvested · trailing figures to Apr 2026
May 2026 has been filed since the trailing figures were struck, so it is not in the table above or the curve — every figure here shares one cut-off, which is what makes them comparable with other funds.
Holdings
By % of NAV · equity positions carry filed share counts · every resolvable issuer links to its company page
| Ticker | Issuer | %NAV | Reported price | Value | Shares |
|---|---|---|---|---|---|
| MSFT | Microsoft CorpMSFT | 7.17% | $450.24 | $323.29M | 718.0K |
| GOOGL | Alphabet IncGOOGL | 5.64% | $380.34 | $254.19M | 668.3K |
| LRCX | Lam Research CorpLRCX | 5.38% | $318.18 | $242.23M | 761.3K |
| AAPL | Apple IncAAPL | 5.12% | $312.06 | $230.56M | 738.8K |
| AVGO | Broadcom IncAVGO | 4.79% | $446.77 | $215.72M | 482.8K |
| TXN | Texas Instruments IncTXN | 4.44% | $305.68 | $199.88M | 653.9K |
| META | Meta Platforms IncMETA | 4.32% | $632.51 | $194.44M | 307.4K |
| JNJ | Johnson & JohnsonJNJ | 4.22% | $225.33 | $190.24M | 844.3K |
| KLAC | KLA CorpKLAC | 3.98% | $1,921.71 | $179.15M | 93.2K |
| AMZN | Amazon.com IncAMZN | 3.90% | $270.64 | $175.86M | 649.8K |
Reported price is the fund's own reported value divided by its own reported shares at 2026-05-31 — not a live quote, and not what the fund paid.
Top 10 positions are 48.94% of net assets, top 25 83.47%, across 42 issuers.
See more of this fund's book
More positions with filed share counts, and the quarter-over-quarter change list rather than the largest few — free with an account, no card required.
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