Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
HDV vs QUAL: how they differ
HDV and QUAL hold 9% of their weight in the same names, and HDV returned more over the year.
iShares Core High Dividend ETF and iShares MSCI USA Quality Factor ETF.
What they hold in common
By the books each fund has filed, HDV and QUAL hold 9% of their money in the same securities at the same weight.
| Holding | HDV | QUAL |
|---|---|---|
| JOHNSON & JOHNSON | 5.70% | 1.92% |
| QUALCOMM INC | 2.38% | 1.42% |
| MERCK & COMPANY INC | 3.78% | 1.08% |
| SLB LTD | 1.01% | 1.56% |
| PROCTER & GAMBLE COMPANY (THE) | 4.47% | 0.93% |
| ILLINOIS TOOL WORKS INC | 0.83% | 0.78% |
| COCA-COLA COMPANY (THE) | 3.88% | 0.75% |
| PEPSICO INC | 3.67% | 0.46% |
| PROGRESSIVE CORP (THE) | 3.80% | 0.40% |
| PAYCHEX INC | 0.63% | 0.22% |
| T. ROWE PRICE GROUP INC | 0.60% | 0.09% |
| PPG INDUSTRIES INC | 0.31% | 0.08% |
| Only in HDV | Only in QUAL |
|---|---|
| EXXON MOBIL CORP 8.45% | NVIDIA CORPORATION 6.52% |
| CHEVRON CORP 6.45% | APPLE INC. 6.28% |
| ABBVIE INC 5.45% | MICROSOFT CORPORATION 5.05% |
| PHILIP MORRIS INTERNATIONAL INC 4.18% | META PLATFORMS, INC. 3.50% |
| HOME DEPOT INC (THE) 4.08% | LAM RESEARCH CORPORATION 3.23% |
| ALTRIA GROUP INC 3.71% | THE TJX COMPANIES, INC. 3.19% |
| TEXAS INSTRUMENTS INC 3.55% | VISA INC. 3.09% |
| BLACKSTONE INC 2.43% | 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.
| HDV iShares Core High Dividend ETF | QUAL iShares MSCI USA Quality Factor ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | iShares | iShares |
| What it is | Core High Dividend | MSCI USA Quality Factor |
| Total return, 1 year | +22.5% | +16.0% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | +5.0 pts | −1.5 pts |
| Expense ratio | 0.08% | 0.15% |
| Already in the S&P 500 | 98.0% | 98.9% |
| Holdings | 75 | 121 |
HDV in plain words
HDV is an index equity fund tracking the Core High Dividend. Over the year to Sep 11, 2026 it returned +22.5% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.08% a year. By its holdings filed for Apr 30, 2026, 98% of the fund by weight is stocks the S&P 500 also holds, across 75 positions, with the top ten at 50.2%.
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, HDV or QUAL?
- In the year to Sep 12, 2026, with distributions reinvested, HDV returned +22.5% and QUAL returned +16.0%, so HDV returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, HDV or QUAL?
- HDV charges 0.08% a year and QUAL charges 0.15%, so HDV is cheaper. Fees come from each fund's prospectus.
- How much do HDV and QUAL overlap with the S&P 500?
- By their latest filed holdings, 98% of HDV and 99% of QUAL by weight is stocks the S&P 500 already holds. Between the two funds, 9% of their books are the same securities at the same weight.
Other comparisons
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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.
Cite this page. ETFIQ, HDV against QUAL, data as of Sep 12, 2026. https://etfiq.com/compare/any/HDV-QUAL Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources