Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
SPHQ vs VLUE: how they differ
SPHQ and VLUE hold 17% of their weight in the same names, and VLUE returned more over the year.
Invesco S&P 500 Quality ETF and iShares MSCI USA Value Factor ETF.
What they hold in common
By the books each fund has filed, SPHQ and VLUE hold 17% of their money in the same securities at the same weight.
| Holding | SPHQ | VLUE |
|---|---|---|
| Cisco Systems, Inc. | 3.54% | 4.97% |
| Applied Materials, Inc. | 2.80% | 3.67% |
| Western Digital Corp. | 2.15% | 1.89% |
| QUALCOMM Inc. | 2.03% | 1.80% |
| Merck & Co., Inc. | 2.87% | 1.57% |
| United Parcel Service, Inc. | 0.85% | 0.83% |
| EOG Resources, Inc. | 0.70% | 0.66% |
| Accenture PLC | 1.04% | 0.65% |
| Newmont Corp. | 1.22% | 0.64% |
| NetApp, Inc. | 0.32% | 0.36% |
| Expedia Group, Inc. | 0.32% | 0.51% |
| Snap-on Inc. | 0.19% | 0.25% |
| Only in SPHQ | Only in VLUE |
|---|---|
| Costco Wholesale Corp. 4.82% | MICRON TECHNOLOGY, INC. 11.63% |
| Visa Inc. 4.69% | INTEL CORPORATION 9.29% |
| Apple Inc. 4.51% | GENERAL MOTORS COMPANY 3.16% |
| Mastercard Inc. 4.32% | VERIZON COMMUNICATIONS INC. 2.66% |
| General Electric Co. 4.16% | AT&T INC. 2.53% |
| Lam Research Corp. 4.10% | CITIGROUP INC. 1.94% |
| Caterpillar Inc. 3.78% | BANK OF AMERICA CORPORATION 1.88% |
| Procter & Gamble Co. (The) 3.46% | FEDEX CORPORATION 1.69% |
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.
| SPHQ Invesco S&P 500 Quality ETF | VLUE iShares MSCI USA Value Factor ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | Invesco | iShares |
| What it is | S&P 500 Quality | MSCI USA Value Factor |
| Total return, 1 year | +17.4% | +69.4% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | −0.1 pts | +51.9 pts |
| Expense ratio | 0.15% | 0.15% |
| Already in the S&P 500 | 99.9% | 96.9% |
| Holdings | 99 | 148 |
SPHQ in plain words
SPHQ is an index equity fund tracking the S&P 500 Quality. Over the year to Sep 11, 2026 it returned +17.4% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.15% a year. By its holdings filed for Apr 30, 2026, 100% of the fund by weight is stocks the S&P 500 also holds, across 99 positions, with the top ten at 40.7%. It sat 6.1% below its high of Jun 30, 2026 on Sep 11, 2026.
VLUE in plain words
VLUE is an index equity fund tracking the MSCI USA Value Factor. Over the year to Sep 11, 2026 it returned +69.4% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. By its holdings filed for Apr 30, 2026, 97% of the fund by weight is stocks the S&P 500 also holds, across 148 positions, with the top ten at 43.6%.
Questions people ask
- Which returned more over the last year, SPHQ or VLUE?
- In the year to Sep 12, 2026, with distributions reinvested, SPHQ returned +17.4% and VLUE returned +69.4%, so VLUE returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, SPHQ or VLUE?
- SPHQ charges 0.15% a year and VLUE charges 0.15%, so SPHQ is cheaper. Fees come from each fund's prospectus.
- How much do SPHQ and VLUE overlap with the S&P 500?
- By their latest filed holdings, 100% of SPHQ and 97% of VLUE by weight is stocks the S&P 500 already holds. Between the two funds, 17% 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, SPHQ against VLUE, data as of Sep 12, 2026. https://etfiq.com/compare/any/SPHQ-VLUE Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources