Key stats
About The 2023 ETF Series Trust II GMO US Value ETF
Expense ratio
0.50%
Home page
Inception date
Oct 28, 2024
GMOV aims for total return by investing in undervalued securities within the US stock market. The fund employs a combination of proprietary quantitative analysis and historical comparisons to evaluate stocks based on key financial indicators, such as asset valuation, cash flow, and future earnings potential. This evaluation process supports informed decisions about position sizes and sector allocations, while also integrating ESG criteria to avoid industries like cluster munitions and thermal coal. GMOV maintains a focus on US companies, ensuring at least 80% of its assets are linked to this market, which allows for potential concentration in specific sectors. To enhance liquidity, the fund can invest in the GMO US Treasury Fund and other money market instruments, enabling adjustments to market conditions.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Finance
Health Technology
Stocks98.92%
Finance26.89%
Health Technology11.84%
Technology Services8.46%
Energy Minerals7.79%
Electronic Technology7.67%
Retail Trade6.45%
Health Services5.10%
Producer Manufacturing5.10%
Consumer Durables4.90%
Consumer Non-Durables3.57%
Consumer Services2.56%
Process Industries2.50%
Communications2.46%
Non-Energy Minerals1.22%
Commercial Services1.16%
Distribution Services1.11%
Transportation0.12%
Bonds, Cash & Other1.08%
Mutual fund0.97%
Cash0.11%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history