HUSV vs QLTY
First Trust Horizon Managed Volatility Domestic ETF vs GMO US Quality ETF
Which is better, HUSV or QLTY?
QLTY has been ahead.
QLTY has a lower expense ratio. QLTY led over 1Y, 3Y and the full window. HUSV is less concentrated, with 22.7% 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 | HUSV | QLTY |
|---|---|---|
| Expense Ratio | 0.70% | 0.50%Best |
| AUM | $54M | $5.4B |
| Dividend Yield | 1.52% | 0.66% |
| Holdings | 202 | 90 |
| YTD Return | +5.79% | +14.13%Best |
| 1Y Return | +3.42% | +20.95%Best |
| 3Y Return (annualized) | +9.84% | +21.84%Best |
| 5Y Return (annualized) | +5.65% | - |
| Volatility (annualized) | 10.1%Best | 11.9% |
| Max Drawdown | -9.3%Best | -17.0% |
| $10,000 over 2.9 years | $12,918 | $17,733Best |
| Top 10 Weight | 22.7%Best | 45.5% |
| Fund Family | First Trust Portfolios (US) | GMO |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Aug 24, 2016 | 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).
HUSV 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.
HUSV vs QLTY Performance
First Trust Horizon Managed Volatility Domestic ETF (HUSV) is an ETF from First Trust Portfolios (US) and GMO US Quality ETF (QLTY) is an ETF from GMO. Over the past year HUSV returned +3.42% while QLTY returned +20.95%. Year to date, HUSV is up 5.79% versus a gain of 14.13% for QLTY.
Over three years, HUSV compounded at +9.84% per year against +21.84% 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 11.9% compared with 10.1% for HUSV. 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 -9.3% for HUSV 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 0.48. They move together some of the time, and apart the rest.
Fees and Cost Over Time
HUSV charges 0.70% per year while QLTY charges 0.50%. On a $10,000 position that is $70 vs $50 annually, a gap of $20 per year that compounds over a long holding period. On income, HUSV currently yields 1.52% against 0.66% for QLTY.
Holdings Overlap
12.6% of HUSV's money is in holdings QLTY also owns. 25.8% of QLTY's money is in holdings HUSV also owns.
QLTY and HUSV share little of their money.
12 positions in common, counted across the 101 positions we hold weights for in HUSV and 45 in QLTY, against full books of 202 and 90.
What only one of them owns
Our book lists 33 positions for QLTY that do not appear in our book for HUSV (73.9% of the fund), and 87 for HUSV that do not appear in QLTY (85.7%).
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 HUSV | Weight in QLTY | Difference |
|---|---|---|---|
| AAPLApple, Inc | 2.27% | 4.20% | 1.93% |
| NVDANvidia Corp | 1.94% | 3.30% | 1.36% |
| JNJJohnson & Johnson - Common | 0.90% | 4.10% | 3.20% |
| VVisa Inc Class A | 0.84% | 2.80% | 1.96% |
| PGProcter & Gamble Company | 1.09% | 1.90% | 0.81% |
| KOCoca Cola Co. | 1.13% | 1.80% | 0.67% |
| ROPRoper Technologies Inc. | 1.70% | 1.00% | 0.70% |
| ABTAbbot Laboratories | 0.29% | 2.20% | 1.91% |
| HLTHilton Worldwide Holdings Inc. | 0.64% | 1.70% | 1.06% |
| TJXTjx Cos., Inc. | 0.94% | 1.20% | 0.26% |
25.8% of QLTY is already inside HUSV.
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, HUSV or QLTY?
HUSV has an expense ratio of 0.70% while QLTY charges 0.50%. QLTY is the cheaper option, by $20 a year on a $10,000 investment.
Which performed better, HUSV or QLTY?
Over the past year HUSV returned +3.42% 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, HUSV or QLTY?
QLTY has been the more volatile fund at 11.9% annualized versus 10.1% for HUSV. Worst drawdown: HUSV -9.3% vs QLTY -17.0%.
Should I hold both HUSV and QLTY?
HUSV and QLTY have a monthly-return correlation of 0.48, 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 HUSV and QLTY?
25.8% of QLTY's money is in holdings HUSV also owns. 25.8% of QLTY's is in holdings HUSV also owns. They hold 12 positions in common, counted across the 101 positions we hold weights for in HUSV and 45 in QLTY.
Which pays a higher dividend, HUSV or QLTY?
HUSV yields 1.52% while QLTY yields 0.66%, so HUSV currently pays the higher dividend yield.
Is QLTY better than HUSV?
QLTY has a lower expense ratio. QLTY led over 1Y, 3Y and the full window. HUSV is less concentrated, with 22.7% 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.