BEEX vs QLTY
The BeeHive ETF vs GMO US Quality ETF
Which is better, BEEX or QLTY?
QLTY has been ahead.
QLTY has a lower expense ratio. QLTY led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.90. BEEX is less concentrated, with 44.5% 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 | BEEX | QLTY |
|---|---|---|
| Expense Ratio | 0.84% | 0.50%Best |
| AUM | $191M | $5.4B |
| Dividend Yield | 0.33% | 0.66% |
| Holdings | 87 | 90 |
| YTD Return | +5.73% | +14.13%Best |
| 1Y Return | +7.40% | +20.95%Best |
| 3Y Return (annualized) | - | +21.84% |
| Volatility (annualized) | 11.6%Best | 12.9% |
| Max Drawdown | -15.1%Best | -17.0% |
| $10,000 over 1.8 years | $11,740 | $13,427Best |
| Top 10 Weight | 44.5%Best | 45.5% |
| Fund Family | The Beehive Fund | GMO |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Dec 14, 2024 | Nov 13, 2023 |
Not shown on this pair: 5Y Return (annualized).
Volatility and max drawdown, and the $10,000 over 1.8 years row, are measured over the window both funds cover: Dec 16, 2024 to Oct 14, 2026 (1.8 years).
BEEX 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 1.8 years both funds cover.
BEEX vs QLTY Performance
The BeeHive ETF (BEEX) is an ETF from The Beehive Fund and GMO US Quality ETF (QLTY) is an ETF from GMO. Over the past year BEEX returned +7.40% while QLTY returned +20.95%. Year to date, BEEX is up 5.73% versus a gain of 14.13% for QLTY.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QLTY has been the more volatile fund, with annualized monthly volatility of 12.9% compared with 11.6% for BEEX. 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 -15.1% for BEEX 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 0.90. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
BEEX charges 0.84% per year while QLTY charges 0.50%. On a $10,000 position that is $84 vs $50 annually, a gap of $34 per year that compounds over a long holding period. On income, BEEX currently yields 0.33% against 0.66% for QLTY.
Holdings Overlap
34.8% of BEEX's money is in holdings QLTY also owns. 31.6% of QLTY's money is in holdings BEEX also owns.
The two portfolios partly overlap.
9 positions in common, counted across the 43 positions we hold weights for in BEEX and 45 in QLTY, against full books of 87 and 90.
What only one of them owns
Our book lists 36 positions for QLTY that do not appear in our book for BEEX (68.1% of the fund), and 28 for BEEX that do not appear in QLTY (52.0%).
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 BEEX | Weight in QLTY | Difference |
|---|---|---|---|
| MSFTMicrosoft Corp | 5.50% | 8.00% | 2.50% |
| AMZNAmazon.Com Inc | 6.63% | 3.50% | 3.13% |
| AAPLApple, Inc | 4.84% | 4.20% | 0.64% |
| TXNTexas Instrument Inc | 3.74% | 3.80% | 0.06% |
| NVDANvidia Corp | 4.01% | 3.30% | 0.71% |
| TMOThermo Fisherscientific Inc. | 2.79% | 4.30% | 1.51% |
| ELVElevance Health Inc | 3.39% | 1.50% | 1.89% |
| ABTAbbot Laboratories | 1.80% | 2.20% | 0.40% |
| SYKStryker Corp | 2.11% | 0.80% | 1.31% |
34.8% of BEEX is already inside QLTY.
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, BEEX or QLTY?
BEEX has an expense ratio of 0.84% while QLTY charges 0.50%. QLTY is the cheaper option, by $34 a year on a $10,000 investment.
Which performed better, BEEX or QLTY?
Over the past year BEEX returned +7.40% vs +20.95% for QLTY, so QLTY leads on 1-year performance. Over the longest common window we track (2 years), BEEX annualized +9.32% vs +17.79% for QLTY. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, BEEX or QLTY?
QLTY has been the more volatile fund at 12.9% annualized versus 11.6% for BEEX. Worst drawdown: BEEX -15.1% vs QLTY -17.0%.
Should I hold both BEEX and QLTY?
BEEX and QLTY have a monthly-return correlation of 0.90, 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 BEEX and QLTY?
34.8% of BEEX's money is in holdings QLTY also owns. 31.6% of QLTY's is in holdings BEEX also owns. They hold 9 positions in common, counted across the 43 positions we hold weights for in BEEX and 45 in QLTY.
Which pays a higher dividend, BEEX or QLTY?
BEEX yields 0.33% while QLTY yields 0.66%, so QLTY currently pays the higher dividend yield.
Is QLTY better than BEEX?
QLTY has a lower expense ratio. QLTY led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.90. BEEX is less concentrated, with 44.5% 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.