ACLC vs QLTY
American Century Large Cap Equity ETF vs GMO US Quality ETF
Which is better, ACLC or QLTY?
Nearly the same fund. ACLC costs less.
ACLC has a lower expense ratio. QLTY led over 1Y, 3Y and the full window. The two have moved almost in lockstep, correlation 0.95. ACLC is less concentrated, with 38.7% of the fund in its ten largest positions against 45.5%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | ACLC | QLTY |
|---|---|---|
| Expense Ratio | 0.39%Best | 0.50% |
| AUM | $336M | $5.4B |
| Dividend Yield | 0.56% | 0.66% |
| Holdings | 101 | 90 |
| YTD Return | +10.23% | +14.13%Best |
| 1Y Return | +13.17% | +20.95%Best |
| 3Y Return (annualized) | +17.50% | +21.84%Best |
| 5Y Return (annualized) | +9.85% | - |
| Volatility (annualized) | 12.4% | 11.9%Best |
| Max Drawdown | -20.5% | -17.0%Best |
| $10,000 over 2.9 years | $15,739 | $17,733Best |
| Top 10 Weight | 38.7%Best | 45.5% |
| Fund Family | American Century Investments | GMO |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Jul 15, 2020 | Nov 13, 2023 |
Volatility and max drawdown, and the $10,000 over 2.9 years row, are measured over the window both funds cover: Nov 15, 2023 to Oct 14, 2026 (2.9 years).
ACLC vs QLTY growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 2.9 years both funds cover.
ACLC vs QLTY Performance
American Century Large Cap Equity ETF (ACLC) is an ETF from American Century Investments and GMO US Quality ETF (QLTY) is an ETF from GMO. Over the past year ACLC returned +13.17% while QLTY returned +20.95%. Year to date, ACLC is up 10.23% versus a gain of 14.13% for QLTY.
Over three years, ACLC compounded at +17.50% per year against +21.84% for QLTY.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
ACLC has been the more volatile fund, with annualized monthly volatility of 12.4% compared with 11.9% for QLTY. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -20.5% for ACLC and -17.0% for QLTY. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.95. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
ACLC charges 0.39% per year while QLTY charges 0.50%. On a $10,000 position that is $39 vs $50 annually, a gap of $11 per year that compounds over a long holding period. On income, ACLC currently yields 0.56% against 0.66% for QLTY.
Holdings Overlap
45.4% of ACLC's money is in holdings QLTY also owns. 64.1% of QLTY's money is in holdings ACLC also owns.
The two portfolios partly overlap.
22 positions in common, counted across the 100 positions we hold weights for in ACLC and 45 in QLTY, against full books of 101 and 90.
What only one of them owns
Our book lists 23 positions for QLTY that do not appear in our book for ACLC (35.6% of the fund), and 76 for ACLC that do not appear in QLTY (53.2%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in ACLC | Weight in QLTY | Difference |
|---|---|---|---|
| MSFTMicrosoft Corp | 5.54% | 8.00% | 2.46% |
| GOOGLAlphabet Inc | 6.53% | 4.90% | 1.63% |
| NVDANvidia Corp | 8.10% | 3.30% | 4.80% |
| AAPLApple, Inc | 4.75% | 4.20% | 0.55% |
| AVGOBroadcom Inc | 3.27% | 3.70% | 0.43% |
| AMZNAmazon.Com Inc | 3.41% | 3.50% | 0.09% |
| METAMeta Platforms Inc | 1.52% | 4.80% | 3.28% |
| LRCXLam Research Corp | 1.43% | 4.20% | 2.77% |
| TMOThermo Fisherscientific Inc. | 0.60% | 4.30% | 3.70% |
| LLYEli Lilly & Co. | 1.65% | 2.50% | 0.85% |
64.1% of QLTY is already inside ACLC.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, ACLC or QLTY?
ACLC has an expense ratio of 0.39% while QLTY charges 0.50%. ACLC is the cheaper option, by $11 a year on a $10,000 investment.
Which performed better, ACLC or QLTY?
Over the past year ACLC returned +13.17% vs +20.95% for QLTY, so QLTY leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, ACLC or QLTY?
ACLC has been the more volatile fund at 12.4% annualized versus 11.9% for QLTY. Worst drawdown: ACLC -20.5% vs QLTY -17.0%.
Should I hold both ACLC and QLTY?
ACLC and QLTY have a monthly-return correlation of 0.95, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
What is the holdings overlap between ACLC and QLTY?
64.1% of QLTY's money is in holdings ACLC also owns. 64.1% of QLTY's is in holdings ACLC also owns. They hold 22 positions in common, counted across the 100 positions we hold weights for in ACLC and 45 in QLTY.
Which pays a higher dividend, ACLC or QLTY?
ACLC yields 0.56% while QLTY yields 0.66%, so QLTY currently pays the higher dividend yield.
Is QLTY better than ACLC?
ACLC has a lower expense ratio. QLTY led over 1Y, 3Y and the full window. The two have moved almost in lockstep, correlation 0.95. ACLC is less concentrated, with 38.7% of the fund in its ten largest positions against 45.5%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.