Which returned more over the last year, FLQL or QUAL?

In the year to Oct 9, 2026, with distributions reinvested, FLQL returned +18.4% and QUAL +17.1%.

Which is cheaper, FLQL or QUAL?

Neither: FLQL and QUAL both charge 0.15% a year. Fees come from each fund's prospectus.

How much do FLQL and QUAL overlap with the S&P 500?

By their latest filed holdings, 90% of FLQL and 97% of QUAL by weight is stocks the S&P 500 already holds.

Compare their flows Ask IQ about these two funds

FLQL vs QUAL: Differences, Returns & Fees

FLQL and QUAL hold 43% of their weight in the same names, and FLQL returned +18.4% over the year. Net assets on Oct 9, 2026: $2.2bn for Franklin U.S. Large Cap Multifactor Index ETF and $49.0bn for iShares MSCI USA Quality Factor ETF.

Both cost 0.15% a year; their one-year returns differ by 1.3 points; QUAL is far larger, $49.0bn against $2.2bn.

FLQL vs QUAL: Differences, Returns & Fees
	FLQL	QUAL
Expense ratio	0.15%	0.15%
Net assets	$2.2bn	$49.0bn
Total return, 1 year	+18.4%	+17.1%
What it tracks	not read by ETFIQ	MSCI USA Sector Neutral Quality Index ?
Holdings in common	43%
Top ten holdings, share of the fund	36.0%	45.7%

Holdings in common uses holdings dated Jun 30, 2026 and Oct 9, 2026.

+18.4%

FLQL total return, 1 year

+17.1%

QUAL total return, 1 year

0.15%

FLQL expense ratio

0.15%

QUAL expense ratio

What they hold in common

By the books each fund has filed, FLQL and QUAL hold 43% of their money in the same securities at the same weight. Above 50%, holding both is close to holding one of them twice. Holdings dated Jun 30, 2026 and Oct 9, 2026.

50%

half

43% in common

Positions both hold, largest shared weight first

Holding FLQL QUAL

APPLE INC 6.88% 7.03%

NVIDIA CORP 6.72% 6.49%

MICROSOFT CORP 3.82% 8.01%

APPLIED MATERIALS INC 2.25% 3.01%

LAM RESEARCH CORP 1.98% 3.69%

KLA CORP 1.98% 2.57%

ALPHABET INC 3.77% 1.97%

JOHNSON & JOHNSON 1.86% 2.04%

META PLATFORMS INC 1.81% 4.62%

EXXONMOBIL HOLDINGS CORP 1.72% 2.31%

ALPHABET INC 3.02% 1.54%

ELI LILLY & COMPANY 1.38% 3.65%

Only in FLQL

AMAZON.COM INC 3.07%

BROADCOM INC 2.47%

CATERPILLAR INC 1.77%

ABBVIE INC 1.66%

CISCO SYSTEMS INC 1.52%

TESLA INC 1.35%

CITIGROUP INC 1.35%

CORNING INC 1.33%

Only in QUAL

TJX 3.41%

VISA CLASS A 3.24%

MASTERCARD CLASS A 2.28%

NETFLIX 1.63%

AUTOMATIC DATA PROCESSING INC 1.16%

COSTCO WHOLESALE CORP 1.07%

LINDE PLC 1.00%

WALMART 0.96%

Check overlap with more funds →

On the same fields

FLQL

Franklin U.S. Large Cap Multifactor Index ETF

QUAL

iShares MSCI USA Quality Factor ETF

Where it sits Stock ETF Stock ETF

Issuer Franklin iShares

What it is Tracks an index Tracks the MSCI USA Quality Factor

Total return, 1 year +18.4% +17.1%

Expense ratio 0.15% 0.15%

Already in the S&P 500 89.5% 97.2%

Holdings 215 119

Net assets $2.2bn $49.0bn

FLQL and QUAL on the fields both publish, as of Oct 9, 2026. Source: ETFIQ.

About FLQL

FLQL tracks an index. Over the year to Oct 9, 2026 it returned +18.4% with distributions reinvested. The prospectus expense ratio is 0.15% a year. By its holdings filed for Jun 30, 2026, 90% of the fund by weight is stocks the S&P 500 also holds, across 215 positions, with the top ten at 36.0%.

About QUAL

QUAL tracks the MSCI USA Quality Factor. Over the year to Oct 9, 2026 it returned +17.1% with distributions reinvested. By its holdings published by its issuer for Oct 9, 2026, 97% of the fund by weight is stocks the S&P 500 also holds, across 119 positions, with the top ten at 45.7%.

Questions people ask

Which returned more over the last year, FLQL or QUAL?: In the year to Oct 9, 2026, with distributions reinvested, FLQL returned +18.4% and QUAL +17.1%.
Which is cheaper, FLQL or QUAL?: Neither: FLQL and QUAL both charge 0.15% a year. Fees come from each fund's prospectus.
How much do FLQL and QUAL overlap with the S&P 500?: By their latest filed holdings, 90% of FLQL and 97% of QUAL by weight is stocks the S&P 500 already holds.

Other comparisons

FLQL vs IWB FLQL vs VV FLQL vs SCHX FLQL vs ITOT QDF vs QUAL QUAL vs SFLR IWL vs QUAL GUSA vs QUAL

FLQL on its own →QUAL on its own →Hold both: look the portfolio through →Rankings →Standards and sources →

Where these figures came from

FLQL filings on SEC EDGAR ↗FLQL prospectus with the expense ratio (SEC) ↗Franklin website ↗QUAL filings on SEC EDGAR ↗QUAL prospectus with the expense ratio (SEC) ↗iShares page for QUAL ↗

ETFIQ links to the documents behind every figure; a link is not an endorsement. 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, FLQL against QUAL, data as of Oct 9, 2026. https://etfiq.com/compare/any/flql-vs-qual

Open data

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