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Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.

ETFIQetfiq.com · independent ETF data

DVY vs QUAL: how they differ

DVY and QUAL hold 3% of their weight in the same names, and DVY returned more over the year.

iShares Select Dividend ETF and iShares MSCI USA Quality Factor ETF.

What they hold in common

By the books each fund has filed, DVY and QUAL hold 3% of their money in the same securities at the same weight.

Positions DVY and QUAL both hold, largest shared weight first
HoldingDVYQUAL
MERCK & COMPANY INC0.87%1.08%
COCA-COLA COMPANY (THE)0.92%0.75%
LOCKHEED MARTIN CORP0.57%0.88%
BEST BUY CO INC0.98%0.27%
T. ROWE PRICE GROUP INC2.03%0.09%
PACKAGING CORP OF AMERICA0.67%0.07%
OMNICOM GROUP INC1.18%0.05%
Largest positions each one holds and the other does not
Only in DVYOnly in QUAL
ALTRIA GROUP INC 2.30%NVIDIA CORPORATION 6.52%
PFIZER INC 2.22%APPLE INC. 6.28%
VERIZON COMMUNICATIONS INC 1.85%MICROSOFT CORPORATION 5.05%
PRUDENTIAL FINANCIAL INC 1.85%META PLATFORMS, INC. 3.50%
ONEOK INC 1.84%LAM RESEARCH CORPORATION 3.23%
HP INC 1.61%THE TJX COMPANIES, INC. 3.19%
EDISON INTERNATIONAL 1.54%VISA INC. 3.09%
LYONDELLBASELL INDUSTRIES NV 1.53%ELI LILLY AND COMPANY 2.92%

Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated Apr 30, 2026.

DVY and QUAL on the fields both publish, as of Sep 12, 2026. Source: ETFIQ.
DVY
iShares Select Dividend ETF
QUAL
iShares MSCI USA Quality Factor ETF
Where it sitsCore index fundCore index fund
IssueriSharesiShares
What it isUS dividendMSCI USA Quality Factor
Total return, 1 year+18.0%+16.0%
S&P 500 over the same days+17.5%+17.5%
Gap to the S&P 500+0.5 pts−1.5 pts
Expense ratio0.38%0.15%
Already in the S&P 50080.5%98.9%
Holdings100121

DVY in plain words

DVY is an index equity fund tracking the US dividend. Over the year to Sep 11, 2026 it returned +18.0% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.38% a year. By its holdings filed for Apr 30, 2026, 80% of the fund by weight is stocks the S&P 500 also holds, across 100 positions, with the top ten at 18.3%.

QUAL in plain words

QUAL is an index equity fund tracking the MSCI USA Quality Factor. Over the year to Sep 11, 2026 it returned +16.0% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.15% a year. By its holdings filed for Apr 30, 2026, 99% of the fund by weight is stocks the S&P 500 also holds, across 121 positions, with the top ten at 39.1%. It sat 3.1% below its high of Aug 13, 2026 on Sep 11, 2026.

Questions people ask

Which returned more over the last year, DVY or QUAL?
In the year to Sep 12, 2026, with distributions reinvested, DVY returned +18.0% and QUAL returned +16.0%, so DVY returned more. One year is one year; the longer windows are in the table.
Which is cheaper, DVY or QUAL?
DVY charges 0.38% a year and QUAL charges 0.15%, so QUAL is cheaper. Fees come from each fund's prospectus.
How much do DVY and QUAL overlap with the S&P 500?
By their latest filed holdings, 80% of DVY and 99% of QUAL by weight is stocks the S&P 500 already holds. Between the two funds, 3% of their books are the same securities at the same weight.

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Where these figures came from

ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.

DVY against QUAL, ETFIQ, data as of Sep 12, 2026. Every figure is arithmetic on a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, DVY against QUAL, data as of Sep 12, 2026. https://etfiq.com/compare/any/DVY-QUAL Free to use with attribution; the underlying files are at Open data.

A comparison is not a recommendation. Standards and sources