QLTY’s 37% Tech Allocation Was A Tailwind; Now It’s A Liability
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The GMO U.S. Quality ETF (NASDAQ:QLTY) has attracted $3 billion since launching in November 2023 by focusing on companies with exceptional returns on capital. That strategy delivered 20.5% returns over the past year by concentrating on profitable technology leaders like Microsoft (NASDAQ:MSFT) and Meta Platforms (NASDAQ:META), outpacing the S&P 500 (NYSEARCA:SPY) by roughly 500 basis ... QLTY’s 37% Tech Allocation Was A Tailwind; Now It’s A Liability
📄 Summary
The GMO U.S. Quality ETF (NASDAQ:QLTY) has attracted $3 billion since launching in November 2023 by focusing on companies with exceptional returns on capital. That strategy delivered 20.5% returns over the past year by concentrating on profitable technology leaders like Microsoft (NASDAQ:MSFT) and Meta Platforms (NASDAQ:META), outpacing the S&P 500 (NYSEARCA:SPY) by roughly 500 basis ... QLTY’s 37% Tech Allocation Was A Tailwind; Now It’s A Liability