QLTY vs WBIL
GMO US Quality ETF vs WBI BullBear Quality 3000 ETF
Which is better, QLTY or WBIL?
QLTY has been ahead.
QLTY has a lower expense ratio. QLTY led over 1Y, 3Y and the full window. WBIL is less concentrated, with 23.0% 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 | QLTY | WBIL |
|---|---|---|
| Expense Ratio | 0.50%Best | 1.55% |
| AUM | $5.4B | $30M |
| Dividend Yield | 0.66% | 0.04% |
| Holdings | 90 | 142 |
| YTD Return | +14.13% | +14.67%Best |
| 1Y Return | +20.95%Best | +14.68% |
| 3Y Return (annualized) | +21.84%Best | +10.76% |
| 5Y Return (annualized) | - | +6.30% |
| Volatility (annualized) | 11.9%Best | 14.7% |
| Max Drawdown | -17.0%Best | -25.3% |
| $10,000 over 2.9 years | $17,733Best | $13,510 |
| Top 10 Weight | 45.5% | 23.0%Best |
| Fund Family | GMO | WBI Investments |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Nov 13, 2023 | Aug 25, 2014 |
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 WBIL 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 WBIL Performance
GMO US Quality ETF (QLTY) is an ETF from GMO and WBI BullBear Quality 3000 ETF (WBIL) is an ETF from WBI Investments. Over the past year QLTY returned +20.95% while WBIL returned +14.68%. Year to date, QLTY is up 14.13% versus a gain of 14.67% for WBIL.
Over three years, QLTY compounded at +21.84% per year against +10.76% for WBIL.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
WBIL has been the more volatile fund, with annualized monthly volatility of 14.7% 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 -25.3% for WBIL. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.80. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
QLTY charges 0.50% per year while WBIL charges 1.55%. On a $10,000 position that is $50 vs $155 annually, a gap of $105 per year that compounds over a long holding period. On income, QLTY currently yields 0.66% against 0.04% for WBIL.
Holdings Overlap
23.4% of QLTY's money is in holdings WBIL also owns. 10.2% of WBIL's money is in holdings QLTY also owns.
QLTY and WBIL share little of their money.
8 positions in common, counted across the 45 positions we hold weights for in QLTY and 64 in WBIL, against full books of 90 and 142.
What only one of them owns
Our book lists 55 positions for WBIL that do not appear in our book for QLTY (87.1% of the fund), and 37 for QLTY that do not appear in WBIL (76.3%).
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 QLTY | Weight in WBIL | Difference |
|---|---|---|---|
| METAMeta Platforms Inc | 4.80% | 1.65% | 3.15% |
| JNJJohnson & Johnson - Common | 4.10% | 0.83% | 3.27% |
| VVisa Inc Class A | 2.80% | 1.94% | 0.86% |
| TXNTexas Instrument Inc | 3.80% | 0.84% | 2.96% |
| KOCoca Cola Co. | 1.80% | 1.65% | 0.15% |
| LLYEli Lilly & Co. | 2.50% | 0.79% | 1.71% |
| GEGeneral Electric Co. | 1.60% | 1.58% | 0.02% |
| CRMSalesforce Inc Crm Us Equity | 2.00% | 0.96% | 1.04% |
23.4% of QLTY is already inside WBIL.
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 WBIL?
QLTY has an expense ratio of 0.50% while WBIL charges 1.55%. QLTY is the cheaper option, by $105 a year on a $10,000 investment.
Which performed better, QLTY or WBIL?
Over the past year QLTY returned +20.95% vs +14.68% for WBIL, 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 WBIL?
WBIL has been the more volatile fund at 14.7% annualized versus 11.9% for QLTY. Worst drawdown: QLTY -17.0% vs WBIL -25.3%.
Should I hold both QLTY and WBIL?
QLTY and WBIL have a monthly-return correlation of 0.80, 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 QLTY and WBIL?
23.4% of QLTY's money is in holdings WBIL also owns. 10.2% of WBIL's is in holdings QLTY also owns. They hold 8 positions in common, counted across the 45 positions we hold weights for in QLTY and 64 in WBIL.
Which pays a higher dividend, QLTY or WBIL?
QLTY yields 0.66% while WBIL yields 0.04%, so QLTY currently pays the higher dividend yield.
Is WBIL better than QLTY?
QLTY has a lower expense ratio. QLTY led over 1Y, 3Y and the full window. WBIL is less concentrated, with 23.0% 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.