Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
MAGS vs QUAL: how they differ
MAGS and QUAL hold 18% of their weight in the same names, and QUAL returned more over the year.
Roundhill Magnificent Seven ETF and iShares MSCI USA Quality Factor ETF.
What they hold in common
By the books each fund has filed, MAGS and QUAL hold 18% of their money in the same securities at the same weight.
| Holding | MAGS | QUAL |
|---|---|---|
| NVIDIA Corp | 4.15% | 6.52% |
| Apple Inc | 4.12% | 6.28% |
| Microsoft Corp | 3.62% | 5.05% |
| Meta Platforms Inc | 3.59% | 3.50% |
| Alphabet Inc | 2.89% | 2.54% |
| Only in MAGS | Only in QUAL |
|---|---|
| TREASURY BILL 65.41% | LAM RESEARCH CORPORATION 3.23% |
| Roundhill Ultra Short Duration 8.06% | THE TJX COMPANIES, INC. 3.19% |
| Amazon.com Inc 4.11% | VISA INC. 3.09% |
| Tesla Inc 4.07% | ELI LILLY AND COMPANY 2.92% |
| KLA CORPORATION 2.79% | |
| CATERPILLAR INC. 2.52% | |
| APPLIED MATERIALS, INC. 2.45% | |
| MASTERCARD INCORPORATED 2.30% |
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.
| MAGS Roundhill Magnificent Seven ETF | QUAL iShares MSCI USA Quality Factor ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | Roundhill | iShares |
| What it is | Magnificent Seven | MSCI USA Quality Factor |
| Total return, 1 year | +14.4% | +16.0% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | −3.1 pts | −1.5 pts |
| Expense ratio | 0.30% | 0.15% |
| Already in the S&P 500 | 26.5% | 98.9% |
| Holdings | 9 | 121 |
MAGS in plain words
MAGS is an index equity fund tracking the Magnificent Seven. Over the year to Sep 11, 2026 it returned +14.4% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.30% a year. By its holdings filed for Jun 30, 2026, 26% of the fund by weight is stocks the S&P 500 also holds, across 9 positions, with the top ten at 100.0%.
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, MAGS or QUAL?
- In the year to Sep 12, 2026, with distributions reinvested, MAGS returned +14.4% and QUAL returned +16.0%, so QUAL returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, MAGS or QUAL?
- MAGS charges 0.30% a year and QUAL charges 0.15%, so QUAL is cheaper. Fees come from each fund's prospectus.
- How much do MAGS and QUAL overlap with the S&P 500?
- By their latest filed holdings, 26% of MAGS and 99% of QUAL by weight is stocks the S&P 500 already holds. Between the two funds, 18% 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.
Cite this page. ETFIQ, MAGS against QUAL, data as of Sep 12, 2026. https://etfiq.com/compare/any/MAGS-QUAL Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources