Which returned more over the last year, APIE or IQLT?

In the year to Nov 4, 2026, with distributions reinvested, APIE returned +11.9% and IQLT +19.5%.

Which is cheaper, APIE or IQLT?

IQLT is cheaper, by 0.15 percentage points a year. That is about $15 on $10,000 held for a year. Fees come from each fund's prospectus.

How much do APIE and IQLT overlap with the S&P 500?

By their latest filed holdings, 1% of APIE and 0% of IQLT by weight is stocks the S&P 500 already holds.

Data as of Nov 4, 2026.

Across categories

APIE vs IQLT: Differences, Returns & Fees

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Over the year to Nov 4, 2026, APIE returned +11.9% to IQLT's +19.5%; 23% of their weight is in the same names.

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Net assets: $1.2bn on Aug 31, 2026 for ActivePassive International Equity ETF, and $13.7bn on Nov 3, 2026 for iShares MSCI Intl Quality Factor ETF.

APIE on its own →IQLT on its own →

At a glance

+11.9%

APIE total return, 1 year

+19.5%

IQLT total return, 1 year

0.45%

APIE expense ratio

0.30%

IQLT expense ratio

Pair scorecard

IQLT costs 0.15 points a year less; their one-year returns differ by 7.6 points.

APIE vs IQLT: Differences, Returns & Fees
Measure	APIE	IQLT
Return
Measure	APIE	IQLT
Total return, 1 year	+11.9%	+19.5%
Drawdown
Measure	APIE	IQLT
Below its high	4.1%, high on Aug 10, 2026
Benchmark
Measure	APIE	IQLT
What it tracks	No index, actively managed	MSCI World ex USA Sector Neutral Quality Index
Cost and size
Measure	APIE	IQLT
Expense ratio	0.45%	0.30%
Net assets, APIE as of Aug 31, 2026 and IQLT as of Nov 3, 2026	$1.2bn	$13.7bn
Holdings
Measure	APIE	IQLT
Holdings in common	23%
Top ten holdings, share of the fund	23.4%	23.3%

Method

What they share

23%

By the books each fund has filed, APIE and IQLT hold 23% of their money in the same securities at the same weight. Holdings dated Aug 31, 2026 and Nov 3, 2026.

50%

0 half 100%

half

23% in common

Positions both hold · largest shared weight first APIE IQLT

ASML Holding NV 1.75% 5.14%

AstraZeneca PLC 1.01% 1.84%

Rolls-Royce Holdings PLC 0.83% 1.29%

Novartis AG 0.81% 1.84%

Shell PLC 0.78% 1.88%

Unilever PLC 0.75% 1.38%

Allianz SE 0.75% 2.68%

Recruit Holdings Co Ltd 0.72% 1.86%

BHP Group Ltd 0.68% 1.41%

Nestle SA 0.66% 1.87%

RELX PLC 0.59% 0.65%

British American Tobacco PLC 0.54% 0.55%

Only in one fund ↓

Only in APIE

TSMC 11.50%

Tencent Holdings Ltd 2.46%

Alibaba Group Holding Ltd 1.51%

SAP SE 1.27%

HSBC Holdings PLC 1.01%

Siemens AG 0.95%

Novo Nordisk A/S 0.83%

LVMH Moet Hennessy Louis Vuitt 0.72%

Only in IQLT

ROCHE PS PAR AG 2.41%

TOTALENERGIES 1.40%

MUENCHENER RUECKVERSICHERUNGS-GESE 1.17%

CANADIAN NATURAL RESOURCES LTD 1.09%

HONG KONG EXCHANGES AND CLEARING 1.05%

NOVO NORDISK CLASS B 0.96%

MANULIFE FINANCIAL 0.87%

INVESTOR CLASS B 0.84%

Check overlap with more funds →

Side by side

APIE ActivePassive International Equity ETF IQLT iShares MSCI Intl Quality Factor ETF

Where it sits Stock ETF Stock ETF

Issuer Envestnet iShares

What it is Actively managed Tracks an index

Total return, 1 year +11.9% +19.5%

Its benchmark over the same days not measured +16.9% (ACWX)

Gap to its benchmark not measured +2.6 pts vs ACWX

Expense ratio 0.45% 0.30%

Already in the S&P 500 0.7% 0.0%

Holdings 547 294

Net assets, APIE as of Aug 31, 2026 and IQLT as of Nov 3, 2026 $1.2bn $13.7bn

APIE and IQLT on the fields both publish, as of Nov 4, 2026. Source: ETFIQ.

Client brief:

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About each fund

APIE

APIE is actively managed and tracks no index. Over the year to Nov 4, 2026 it returned +11.9% with distributions reinvested. The prospectus expense ratio is 0.45% a year. By its holdings filed for Aug 31, 2026, 1% of the fund by weight is stocks the S&P 500 also holds, across 547 positions, with the top ten at 23.4%. It sat 4.1% below its high of Aug 10, 2026 on Nov 4, 2026.

IQLT

IQLT tracks an index. Over the year to Nov 4, 2026 it returned +19.5% with distributions reinvested, against +16.9% for its benchmark, the MSCI ACWI ex USA Index. The prospectus expense ratio is 0.30% a year. By its holdings published by its issuer for Nov 3, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 294 positions, with the top ten at 23.3%.

Questions people ask

Which returned more over the last year, APIE or IQLT?: In the year to Nov 4, 2026, with distributions reinvested, APIE returned +11.9% and IQLT +19.5%.
Which is cheaper, APIE or IQLT?: IQLT is cheaper, by 0.15 percentage points a year. That is about $15 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do APIE and IQLT overlap with the S&P 500?: By their latest filed holdings, 1% of APIE and 0% of IQLT by weight is stocks the S&P 500 already holds.

Other comparisons

APIE vs CORO APIE vs DFIC APIE vs DFAX APIE vs ESGD IQDF vs IQLT DFSI vs IQLT IQLT vs SEIE IQLT vs MFSI

Where to next

APIE on its own →IQLT on its own →Hold both: look the portfolio through →Rankings →APIE dividend history →APIE holdings →IQLT dividend history →IQLT holdings →Standards and sources →

Sources and dates

APIE filings on SEC EDGAR ↗

APIE prospectus with the expense ratio (SEC) ↗

Envestnet website ↗

IQLT filings on SEC EDGAR ↗

IQLT prospectus with the expense ratio (SEC) ↗

iShares page for IQLT ↗

Links are sources, not endorsements. A comparison is not a recommendation.

How this is computed

Overlap adds up the smaller of the two weights for each security both funds hold.

Cite this pageCitation, APA and Markdown

ETFIQ, APIE against IQLT, data as of Nov 4, 2026. https://etfiq.com/compare/any/apie-vs-iqlt

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Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.