A Timely Quality, Multi-Factor Investing Idea

QLC skirts value traps by including momentum characteristics, which will be determined through a stock’s price history to capture a picture of the recent performance and by using analysts analyst outlooks to get a sense of future sentiment regarding a company. Nearly 49% of QLC’s holdings are considered value stocks and 22.8% are considered growth names.

None of QLC’s holdings exceed weights of 2.6%. The ETF’s top 10 holdings include Apple Inc. (NASDAQ:AAPL), Cisco Systems Inc. (NASDAQ:CSCO), Chevron Corp. (NYSE:CVX) and Boeing Co. (NYSE:BA).

The ETF charges 0.32% per year, or $32 on a $10,000 investment.

For more on smart beta ETFs, visit our Smart Beta Channel.

Tom Lydon’s clients own shares of Apple.