QLTY vs SSUS
GMO US Quality ETF vs Day Hagan Smart Sector ETF
Which is better, QLTY or SSUS?
QLTY has been ahead.
QLTY has a lower expense ratio. QLTY led over 1Y, 3Y and the full window. The two have moved almost in lockstep, correlation 0.91. QLTY is less concentrated, with 45.5% of the fund in its ten largest positions against 89.3%.
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 | QLTY | SSUS |
|---|---|---|
| Expense Ratio | 0.50%Best | 0.76% |
| AUM | $5.4B | $614M |
| Dividend Yield | 0.66% | 0.45% |
| Holdings | 90 | 48 |
| YTD Return | +14.13% | +15.69%Best |
| 1Y Return | +20.95%Best | +18.28% |
| 3Y Return (annualized) | +21.84%Best | +18.40% |
| 5Y Return (annualized) | - | +10.92% |
| Volatility (annualized) | 11.9%Best | 12.1% |
| Max Drawdown | -17.0%Best | -17.6% |
| $10,000 over 2.9 years | $17,733Best | $16,711 |
| Top 10 Weight | 45.5%Best | 89.3% |
| Fund Family | GMO | Day Hagan Funds |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Nov 13, 2023 | Jan 16, 2020 |
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).
QLTY vs SSUS 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.
QLTY vs SSUS Performance
GMO US Quality ETF (QLTY) is an ETF from GMO and Day Hagan Smart Sector ETF (SSUS) is an ETF from Day Hagan Funds. Over the past year QLTY returned +20.95% while SSUS returned +18.28%. Year to date, QLTY is up 14.13% versus a gain of 15.69% for SSUS.
Over three years, QLTY compounded at +21.84% per year against +18.40% for SSUS.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SSUS has been the more volatile fund, with annualized monthly volatility of 12.1% 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 -17.0% for QLTY and -17.6% for SSUS. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.91. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
QLTY charges 0.50% per year while SSUS charges 0.76%. On a $10,000 position that is $50 vs $76 annually, a gap of $26 per year that compounds over a long holding period. On income, QLTY currently yields 0.66% against 0.45% for SSUS.
Holdings Overlap
25.2% of QLTY's money is in holdings SSUS also owns. 11.9% of SSUS's money is in holdings QLTY also owns.
QLTY and SSUS share little of their money.
5 positions in common, counted across the 45 positions we hold weights for in QLTY and 16 in SSUS, against full books of 90 and 48.
What only one of them owns
Our book lists 11 positions for SSUS that do not appear in our book for QLTY (88.0% of the fund), and 40 for QLTY that do not appear in SSUS (74.5%).
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.
25.2% of QLTY is already inside SSUS.
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, QLTY or SSUS?
QLTY has an expense ratio of 0.50% while SSUS charges 0.76%. QLTY is the cheaper option, by $26 a year on a $10,000 investment.
Which performed better, QLTY or SSUS?
Over the past year QLTY returned +20.95% vs +18.28% for SSUS, so QLTY leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, QLTY or SSUS?
SSUS has been the more volatile fund at 12.1% annualized versus 11.9% for QLTY. Worst drawdown: QLTY -17.0% vs SSUS -17.6%.
Should I hold both QLTY and SSUS?
QLTY and SSUS have a monthly-return correlation of 0.91, 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 QLTY and SSUS?
25.2% of QLTY's money is in holdings SSUS also owns. 11.9% of SSUS's is in holdings QLTY also owns. They hold 5 positions in common, counted across the 45 positions we hold weights for in QLTY and 16 in SSUS.
Which pays a higher dividend, QLTY or SSUS?
QLTY yields 0.66% while SSUS yields 0.45%, so QLTY currently pays the higher dividend yield.
Is SSUS better than QLTY?
QLTY has a lower expense ratio. QLTY led over 1Y, 3Y and the full window. The two have moved almost in lockstep, correlation 0.91. QLTY is less concentrated, with 45.5% of the fund in its ten largest positions against 89.3%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.