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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

QUAL vs SPYD: how they differ

QUAL and SPYD hold 2% of their weight in the same names, and QUAL returned more over the year.

iShares MSCI USA Quality Factor ETF and State Street(R) SPDR(R) Portfolio S&P 500(R) High Dividend ETF.

What they hold in common

By the books each fund has filed, QUAL and SPYD hold 2% of their money in the same securities at the same weight.

Positions QUAL and SPYD both hold, largest shared weight first
HoldingQUALSPYD
Pepsico, Inc.0.46%1.11%
SIMON PROPERTY GROUP, INC.0.36%1.45%
BEST BUY CO., INC.0.27%1.37%
PUBLIC STORAGE.0.25%1.33%
VICI PROPERTIES INC.0.14%1.13%
EQUITY RESIDENTIAL0.11%1.33%
T. ROWE PRICE GROUP, INC.0.09%1.29%
OMNICOM GROUP INC.0.05%1.11%
Largest positions each one holds and the other does not
Only in QUALOnly in SPYD
NVIDIA CORPORATION 6.52%Iron Mountain Inc 1.62%
APPLE INC. 6.28%Franklin Resources Inc 1.57%
MICROSOFT CORPORATION 5.05%CVS Health Corp 1.53%
META PLATFORMS, INC. 3.50%Host Hotels & Resorts Inc 1.53%
LAM RESEARCH CORPORATION 3.23%Edison International 1.48%
THE TJX COMPANIES, INC. 3.19%Target Corp 1.48%
VISA INC. 3.09%APA Corp 1.48%
ELI LILLY AND COMPANY 2.92%Viatris Inc 1.46%

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.

QUAL and SPYD on the fields both publish, as of Sep 12, 2026. Source: ETFIQ.
QUAL
iShares MSCI USA Quality Factor ETF
SPYD
State Street(R) SPDR(R) Portfolio S&P 500(R) High Dividend ETF
Where it sitsCore index fundCore index fund
IssueriSharesState Street
What it isMSCI USA Quality FactorSPDR Portfolio S&P 500 High Dividend
Total return, 1 year+16.0%+12.9%
S&P 500 over the same days+17.5%+17.5%
Gap to the S&P 500−1.5 pts−4.6 pts
Expense ratio0.15%0.07%
Already in the S&P 50098.9%100.0%
Holdings12178

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.

SPYD in plain words

SPYD is an index equity fund tracking the SPDR Portfolio S&P 500 High Dividend. Over the year to Sep 11, 2026 it returned +12.9% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.07% 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 78 positions, with the top ten at 15.1%. It sat 4.3% below its high of Aug 24, 2026 on Sep 11, 2026.

Questions people ask

Which returned more over the last year, QUAL or SPYD?
In the year to Sep 12, 2026, with distributions reinvested, QUAL returned +16.0% and SPYD returned +12.9%, so QUAL returned more. One year is one year; the longer windows are in the table.
Which is cheaper, QUAL or SPYD?
QUAL charges 0.15% a year and SPYD charges 0.07%, so SPYD is cheaper. Fees come from each fund's prospectus.
How much do QUAL and SPYD overlap with the S&P 500?
By their latest filed holdings, 99% of QUAL and 100% of SPYD by weight is stocks the S&P 500 already holds. Between the two funds, 2% 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.

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

A comparison is not a recommendation. Standards and sources