JLCO vs QLTY
John Hancock Large Cap Opportunities ETF vs GMO US Quality ETF
Which is better, JLCO or QLTY?
JLCO costs less.
JLCO has a lower expense ratio. QLTY is less concentrated, with 45.5% of the fund in its ten largest positions against 47.1%.
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 | JLCO | QLTY |
|---|---|---|
| Expense Ratio | 0.39%Best | 0.50% |
| AUM | $11M | $5.4B |
| Dividend Yield | 0.00% | 0.66% |
| Holdings | 108 | 90 |
| YTD Return | +2.73% | +14.13%Best |
| 1Y Return | - | +20.95% |
| 3Y Return (annualized) | - | +21.84% |
| Top 10 Weight | 47.1% | 45.5%Best |
| Fund Family | John Hancock Investment Management | GMO |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Jul 14, 2026 | Nov 13, 2023 |
Not shown on this pair: 5Y Return (annualized), Volatility (annualized), Max Drawdown, $10,000 over the window.
JLCO 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 is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.
JLCO vs QLTY Performance
John Hancock Large Cap Opportunities ETF (JLCO) is an ETF from John Hancock Investment Management and GMO US Quality ETF (QLTY) is an ETF from GMO. Year to date, JLCO is up 2.73% versus a gain of 14.13% for QLTY.
Past performance does not guarantee future results.
Fees and Cost Over Time
JLCO 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, JLCO currently yields 0.00% against 0.66% for QLTY.
Holdings Overlap
36.0% of JLCO's money is in holdings QLTY also owns. 31.0% of QLTY's money is in holdings JLCO also owns.
The two portfolios partly overlap.
9 positions in common, counted across the 55 positions we hold weights for in JLCO and 45 in QLTY, against full books of 108 and 90.
What only one of them owns
Our book lists 36 positions for QLTY that do not appear in our book for JLCO (68.7% of the fund), and 39 for JLCO that do not appear in QLTY (57.2%).
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 JLCO | Weight in QLTY | Difference |
|---|---|---|---|
| MSFTMicrosoft Corp | 7.94% | 8.00% | 0.06% |
| GOOGLAlphabet Inc | 6.84% | 4.90% | 1.94% |
| AMZNAmazon.Com Inc | 6.13% | 3.50% | 2.63% |
| NVDANvidia Corp | 5.22% | 3.30% | 1.92% |
| AVGOBroadcom Inc | 4.47% | 3.70% | 0.77% |
| LLYEli Lilly & Co. | 2.62% | 2.50% | 0.12% |
| NFLXNetflix, Inc. | 0.92% | 2.10% | 1.18% |
| MRKMerck & Company Inc | 0.95% | 1.50% | 0.55% |
| CICigna Corp. | 0.94% | 1.50% | 0.56% |
36.0% of JLCO 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, JLCO or QLTY?
JLCO has an expense ratio of 0.39% while QLTY charges 0.50%. JLCO is the cheaper option, by $11 a year on a $10,000 investment.
What is the holdings overlap between JLCO and QLTY?
36.0% of JLCO's money is in holdings QLTY also owns. 31.0% of QLTY's is in holdings JLCO also owns. They hold 9 positions in common, counted across the 55 positions we hold weights for in JLCO and 45 in QLTY.
Which pays a higher dividend, JLCO or QLTY?
JLCO yields 0.00% while QLTY yields 0.66%, so QLTY currently pays the higher dividend yield.
Is QLTY better than JLCO?
JLCO has a lower expense ratio. QLTY is less concentrated, with 45.5% of the fund in its ten largest positions against 47.1%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.