Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
IVV vs QUAL: how they differ
IVV and QUAL hold 44% of their weight in the same names, and IVV returned more over the year.
iShares Core S&P 500 ETF and iShares MSCI USA Quality Factor ETF.
What they hold in common
By the books each fund has filed, IVV and QUAL hold 44% of their money in the same securities at the same weight.
| Holding | IVV | QUAL |
|---|---|---|
| NVIDIA Corp. | 7.52% | 6.52% |
| Apple, Inc. | 6.59% | 6.28% |
| Microsoft Corp. | 4.30% | 5.05% |
| Alphabet, Inc. | 3.25% | 2.54% |
| Alphabet, Inc. | 2.59% | 2.12% |
| Meta Platforms, Inc. | 1.92% | 3.50% |
| Eli Lilly & Co. | 1.47% | 2.92% |
| Berkshire Hathaway, Inc. | 1.42% | 2.12% |
| Johnson & Johnson | 0.95% | 1.92% |
| Applied Materials, Inc. | 0.89% | 2.45% |
| Visa, Inc. | 0.88% | 3.09% |
| Lam Research Corp. | 0.84% | 3.23% |
| Only in IVV | Only in QUAL |
|---|---|
| Amazon.com, Inc. 3.62% | LINDE PUBLIC LIMITED COMPANY 0.88% |
| Broadcom, Inc. 2.77% | Garmin Ltd. 0.88% |
| Micron Technology, Inc. 2.02% | TRANE TECHNOLOGIES PLC 0.83% |
| Tesla, Inc. 1.84% | ACCENTURE PUBLIC LIMITED COMPANY 0.83% |
| Advanced Micro Devices, Inc. 1.47% | Oklo Inc 0.71% |
| JPMorgan Chase & Co. 1.36% | ARCH CAPITAL GROUP LTD. 0.12% |
| Intel Corp. 1.02% | CARLISLE COMPANIES INCORPORATED 0.10% |
| Exxon Mobil Corp. 0.88% | UNITED THERAPEUTICS CORPORATION 0.09% |
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 and Jun 30, 2026.
| IVV iShares Core S&P 500 ETF | QUAL iShares MSCI USA Quality Factor ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | iShares | iShares |
| What it is | S&P 500 | MSCI USA Quality Factor |
| Total return, 1 year | +17.6% | +16.0% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | +0.1 pts | −1.5 pts |
| Expense ratio | 0.03% | 0.15% |
| Already in the S&P 500 | 100.0% | 98.9% |
| Holdings | 504 | 121 |
IVV in plain words
IVV is an index equity fund tracking the S&P 500. Over the year to Sep 11, 2026 it returned +17.6% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.03% a year. By its holdings filed for Jun 30, 2026, 100% of the fund by weight is stocks the S&P 500 also holds, across 504 positions, with the top ten at 36.4%.
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, IVV or QUAL?
- In the year to Sep 12, 2026, with distributions reinvested, IVV returned +17.6% and QUAL returned +16.0%, so IVV returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, IVV or QUAL?
- IVV charges 0.03% a year and QUAL charges 0.15%, so IVV is cheaper. Fees come from each fund's prospectus.
- How much do IVV and QUAL overlap with the S&P 500?
- By their latest filed holdings, 100% of IVV and 99% of QUAL by weight is stocks the S&P 500 already holds. Between the two funds, 44% 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, IVV against QUAL, data as of Sep 12, 2026. https://etfiq.com/compare/any/IVV-QUAL Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources