Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
QUAL vs RSP: how they differ
QUAL and RSP hold 20% of their weight in the same names, and QUAL returned more over the year.
iShares MSCI USA Quality Factor ETF and Invesco S&P 500 Equal Weight ETF.
What they hold in common
By the books each fund has filed, QUAL and RSP hold 20% of their money in the same securities at the same weight.
| Holding | QUAL | RSP |
|---|---|---|
| MONOLITHIC POWER SYSTEMS, INC. | 0.70% | 0.29% |
| QUALCOMM INCORPORATED | 1.42% | 0.26% |
| COMFORT SYSTEMS USA, INC. | 0.54% | 0.25% |
| UNITEDHEALTH GROUP INCORPORATED | 1.03% | 0.25% |
| CATERPILLAR INC. | 2.52% | 0.24% |
| ARISTA NETWORKS, INC. | 1.49% | 0.24% |
| EMCOR GROUP, INC. | 0.35% | 0.24% |
| KLA CORPORATION | 2.79% | 0.23% |
| SLB N.V. | 1.56% | 0.23% |
| HALLIBURTON COMPANY | 0.60% | 0.23% |
| LAM RESEARCH CORPORATION | 3.23% | 0.23% |
| DIAMONDBACK ENERGY, INC. | 0.66% | 0.23% |
| Only in QUAL | Only in RSP |
|---|---|
| Oklo Inc 0.71% | Intel Corp. 0.38% |
| CARLISLE COMPANIES INCORPORATED 0.10% | Seagate Technology Holdings PLC 0.34% |
| UNITED THERAPEUTICS CORPORATION 0.09% | Advanced Micro Devices, Inc. 0.33% |
| GRACO INC. 0.09% | ON Semiconductor Corp. 0.33% |
| VEEVA SYSTEMS INC. 0.08% | Sandisk Corp. 0.32% |
| TRADEWEB MARKETS INC. 0.05% | Western Digital Corp. 0.31% |
| RPM INTERNATIONAL INC. 0.04% | Ciena Corp. 0.30% |
| Centene Corp. 0.29% |
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.
| QUAL iShares MSCI USA Quality Factor ETF | RSP Invesco S&P 500 Equal Weight ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | iShares | Invesco |
| What it is | MSCI USA Quality Factor | S&P 500 equal weight |
| Total return, 1 year | +16.0% | +14.8% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | −1.5 pts | −2.7 pts |
| Expense ratio | 0.15% | 0.20% |
| Already in the S&P 500 | 98.9% | 99.1% |
| Holdings | 121 | 503 |
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.
RSP in plain words
RSP is an index equity fund tracking the S&P 500 equal weight. Over the year to Sep 11, 2026 it returned +14.8% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.20% 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 503 positions, with the top ten at 3.2%. It sat 3.5% below its high of Aug 14, 2026 on Sep 11, 2026.
Questions people ask
- Which returned more over the last year, QUAL or RSP?
- In the year to Sep 12, 2026, with distributions reinvested, QUAL returned +16.0% and RSP returned +14.8%, so QUAL returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, QUAL or RSP?
- QUAL charges 0.15% a year and RSP charges 0.20%, so QUAL is cheaper. Fees come from each fund's prospectus.
- How much do QUAL and RSP overlap with the S&P 500?
- By their latest filed holdings, 99% of QUAL and 99% of RSP by weight is stocks the S&P 500 already holds. Between the two funds, 20% 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, QUAL against RSP, data as of Sep 12, 2026. https://etfiq.com/compare/any/QUAL-RSP Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources