GDV vs QLTY
Gabelli Dividend & Income Trust vs GMO US Quality ETF
Which is better, GDV or QLTY?
QLTY has been ahead.
QLTY has a lower expense ratio. QLTY led over 1Y, 3Y and the full window.
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 | GDV | QLTY |
|---|---|---|
| Expense Ratio | 1.30% | 0.50%Best |
| AUM | $3.4B | $5.4B |
| Dividend Yield | 5.50% | 0.66% |
| Holdings | 715 | 90 |
| YTD Return | +6.53% | +14.13%Best |
| 1Y Return | +11.90% | +20.95%Best |
| 3Y Return (annualized) | +20.57% | +21.84%Best |
| 5Y Return (annualized) | +7.80% | - |
| Volatility (annualized) | 12.4% | 11.9%Best |
| Max Drawdown | -18.2% | -17.0%Best |
| $10,000 over 2.9 years | $17,120 | $17,733Best |
| Fund Family | Gabelli Funds | GMO |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Nov 28, 2003 | Nov 13, 2023 |
Not shown on this pair: Top 10 Weight.
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).
GDV 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.
GDV vs QLTY Performance
Gabelli Dividend & Income Trust (GDV) is an ETF from Gabelli Funds and GMO US Quality ETF (QLTY) is an ETF from GMO. Over the past year GDV returned +11.90% while QLTY returned +20.95%. Year to date, GDV is up 6.53% versus a gain of 14.13% for QLTY.
Over three years, GDV compounded at +20.57% per year against +21.84% for QLTY.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
GDV 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 -18.2% for GDV 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 0.78. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
GDV charges 1.30% per year while QLTY charges 0.50%. On a $10,000 position that is $130 vs $50 annually, a gap of $80 per year that compounds over a long holding period. On income, GDV currently yields 5.50% against 0.66% for QLTY.
Holdings Overlap
At least 74.5% of QLTY's money is in holdings GDV also owns.
Only one direction is shown: for GDV, our book for it lists positions totalling 110.0% of the fund, which is what a leveraged book looks like and is not a denominator we can divide by.
Most of QLTY is already inside GDV. Owning both mostly buys the same companies twice.
The two holdings books were reported 190 days apart, GDV as of Mar 31, 2026 and QLTY as of Oct 7, 2026, so some of the difference between them is the time between the two reports rather than the funds.
28 positions in common, counted across the 678 positions we hold weights for in GDV and 45 in QLTY, against full books of 715 and 90.
Top Shared Holdings
| Stock | Weight in GDV | Weight in QLTY | Difference |
|---|---|---|---|
| MSFTMicrosoft Corp | 1.41% | 8.00% | 6.59% |
| METAMeta Platforms Inc | 0.71% | 4.80% | 4.09% |
| AAPLApple, Inc | 0.97% | 4.20% | 3.23% |
| GOOGLAlphabet Inc | 0.27% | 4.90% | 4.63% |
| JNJJohnson & Johnson - Common | 0.78% | 4.10% | 3.32% |
| MAMastercard Inc | 2.40% | 2.40% | 0.00% |
| NVDANvidia Corp | 1.32% | 3.30% | 1.98% |
| TXNTexas Instrument Inc | 0.80% | 3.80% | 3.00% |
| TMOThermo Fisherscientific Inc. | 0.12% | 4.30% | 4.18% |
| AMZNAmazon.Com Inc | 0.87% | 3.50% | 2.63% |
74.5% of QLTY is already inside GDV.
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, GDV or QLTY?
GDV has an expense ratio of 1.30% while QLTY charges 0.50%. QLTY is the cheaper option, by $80 a year on a $10,000 investment.
Which performed better, GDV or QLTY?
Over the past year GDV returned +11.90% 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, GDV or QLTY?
GDV has been the more volatile fund at 12.4% annualized versus 11.9% for QLTY. Worst drawdown: GDV -18.2% vs QLTY -17.0%.
Should I hold both GDV and QLTY?
GDV and QLTY have a monthly-return correlation of 0.78, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between GDV and QLTY?
At least 74.5% of QLTY's money is in holdings GDV also owns. Our book for GDV is partial, so the real figure is this or higher. They hold 28 positions in common, counted across the 678 positions we hold weights for in GDV and 45 in QLTY.
Which pays a higher dividend, GDV or QLTY?
GDV yields 5.50% while QLTY yields 0.66%, so GDV currently pays the higher dividend yield.
Is QLTY better than GDV?
QLTY has a lower expense ratio. QLTY led over 1Y, 3Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.