DEMZ vs QLTY
The Advisors' Inner Circle Fund III Democratic Large Cap Core ETF against GMO U.S. Quality ETF: cost, size, returns, what they hold and how much of it is the same.
Overlap by weight
27%
11 shared positions
Fee gap
5 bp
DEMZ is cheaper
1-year return gap
4.3 pts
QLTY is ahead
Larger fund
QLTY
$4.5B
Side by side
| DEMZ | QLTY | |
|---|---|---|
| Fund | The Advisors' Inner Circle Fund III Democratic Large Cap Core ETF | GMO U.S. Quality ETF |
| Issuer | The Advisors' | GMO |
| Category | Large Cap Blend | Quality |
| Expense ratio | 0.45% | 0.50% |
| Assets | $67M | $4.5B |
| Average daily dollar volume | $99K | $19M |
| Listed | Nov 2, 2020 | Nov 13, 2023 |
| FrenzyCap score | 34 | 62 |
| 1-month return | +0.3% | +2.1% |
| 3-month return | +5.7% | +7.9% |
| Year to date | +14.3% | +14.5% |
| 1-year return | +14.3% | +18.6% |
| 30-day volatility | 11.1% | 9.5% |
| Worst drawdown, 1 year | −12.3% | −11.7% |
| Trailing 12-month yield | 0.85% | 0.64% |
| Holdings | 43 | 48 |
| Top 10 weight | 47.0% | 46.1% |
| Look-through P/E | 25.4 | 27.2 |
| Holdings vs fair value | +5.6% | +1.0% |
| Holdings above 200-day average | 66% | 71% |
| Net flow, latest 3 reported months | +$5.5M thru Jun 2026 | +$709M thru May 2026 |
| 30-day implied volatility | — | — |
| Holdings as of | as of Jun 30, 2026SEC filing | as of Sep 30, 2026third-party data |
Returns are price returns and exclude distributions. Flows are each fund's own latest reported months and may not cover the same period.
Largest shared holdings
34% of DEMZ · 35% of QLTY
Sector mix of the stock holdings
| Sector | DEMZ | QLTY | Gap |
|---|---|---|---|
| Technology | 34.3% | 45.2% | −10.9% |
| Industrials | 18.0% | 14.3% | +3.8% |
| Health Care | 1.5% | 19.0% | −17.5% |
| Consumer Discretionary | 9.9% | 9.1% | +0.8% |
| Financials | 6.3% | 2.4% | +3.9% |
| Consumer Staples | 0.0% | 6.9% | −6.9% |
| Communication Services | 2.3% | 2.2% | +0.1% |
| Real Estate | 3.6% | 0.0% | +3.6% |
| Materials | 2.5% | 0.6% | +1.9% |
More: full overlap table · DEMZ holdings · QLTY holdings
Fund data comes from each fund's SEC filings and issuer disclosures and is shown with the date it is as of. SEC portfolio and flow filings become public about 60 days after the period they cover. Nothing here is investment advice; see Terms.