FCTE vs QLTY
SMI 3Fourteen Full-Cycle Trend ETF against GMO U.S. Quality ETF: cost, size, returns, what they hold and how much of it is the same.
Overlap by weight
31%
7 shared positions
Fee gap
35 bp
QLTY is cheaper
1-year return gap
5.6 pts
QLTY is ahead
Larger fund
QLTY
$5.4B
Side by side
| FCTE | QLTY | |
|---|---|---|
| Fund | SMI 3Fourteen Full-Cycle Trend ETF | GMO U.S. Quality ETF |
| Issuer | SMI | GMO |
| Category | Managed Futures | Quality |
| Expense ratio | 0.85% | 0.50% |
| Assets | $245M | $5.4B |
| Average daily dollar volume | $600K | $16M |
| Listed | Jul 1, 2024 | Nov 13, 2023 |
| FrenzyCap score | 46 | 61 |
| 1-month return | +5.9% | +3.9% |
| 3-month return | +3.5% | +5.3% |
| Year to date | +20.2% | +14.2% |
| 1-year return | +13.5% | +19.1% |
| 30-day volatility | 15.3% | 10.4% |
| Worst drawdown, 1 year | −12.8% | −11.7% |
| Trailing 12-month yield | 0.07% | 0.64% |
| Holdings | 20 | 42 |
| Top 10 weight | 50.3% | 48.9% |
| Look-through P/E | 27.6 | 27.1 |
| Holdings vs fair value | +8.0% | +1.7% |
| Holdings above 200-day average | 70% | 79% |
| Net flow, latest 3 reported months | −$6.6M thru Jun 2026 | +$709M thru May 2026 |
| 30-day implied volatility | — | — |
| Holdings as of | as of Jun 30, 2026SEC filing | as of May 31, 2026SEC filing |
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
35% of FCTE · 34% of QLTY
Sector mix of the stock holdings
| Sector | FCTE | QLTY | Gap |
|---|---|---|---|
| Technology | 45.1% | 44.0% | +1.1% |
| Health Care | 19.9% | 19.1% | +0.8% |
| Industrials | 20.0% | 13.0% | +7.0% |
| Consumer Discretionary | 5.0% | 9.9% | −4.9% |
| Consumer Staples | 5.0% | 6.4% | −1.5% |
| Financials | 5.0% | 3.2% | +1.8% |
| Communication Services | 0.0% | 1.7% | −1.7% |
More: full overlap table · FCTE 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.