Which returned more over the last year, FQAL or IWB?

In the year to Oct 9, 2026, with distributions reinvested, FQAL returned +15.2% and IWB +16.6%.

Which is cheaper, FQAL or IWB?

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

How much do FQAL and IWB overlap with the S&P 500?

By their latest filed holdings, 94% of FQAL and 92% of IWB by weight is stocks the S&P 500 already holds.

Compare their flows Ask IQ about these two funds

FQAL vs IWB: Differences, Returns & Fees

FQAL and IWB hold 43% of their weight in the same names, and IWB returned +16.6% over the year. Net assets: $1.4bn on Sep 30, 2026 for Fidelity Quality Factor ETF, and $49.6bn on Oct 9, 2026 for iShares Russell 1000 ETF.

Both cost 0.15% a year; their one-year returns differ by 1.4 points; IWB is far larger, $48.6bn against $1.4bn.

Points (pts) are percentage points.

FQAL vs IWB: Differences, Returns & Fees
	FQAL	IWB
Expense ratio	0.15%	0.15%
Net assets, as of Sep 30, 2026	$1.4bn	$48.6bn
Total return, 1 year	+15.2%	+16.6%
What it tracks	Fidelity U.S. Quality Factor Index	Russell 1000 Index
Holdings in common	43%
Top ten holdings, share of the fund	38.1%	36.1%

Holdings in common uses holdings dated Jul 31, 2026 and Oct 9, 2026.

+15.2%

FQAL total return, 1 year

+16.6%

IWB total return, 1 year

0.15%

FQAL expense ratio

0.15%

IWB expense ratio

What they hold in common

By the books each fund has filed, FQAL and IWB 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 Jul 31, 2026 and Oct 9, 2026.

50%

half

43% in common

Positions both hold, largest shared weight first

Holding FQAL IWB

NVIDIA CORP 7.69% 7.44%

APPLE INC 7.22% 6.77%

MICROSOFT CORP 5.62% 5.53%

ALPHABET INC 5.58% 2.85%

BROADCOM INC 3.36% 2.34%

META PLATFORMS INC 1.90% 2.20%

EXXONMOBIL HOLDINGS CORP 1.12% 0.97%

VISA INC 1.48% 0.91%

ABBVIE INC 1.14% 0.68%

MASTERCARD INC 1.23% 0.66%

CISCO SYSTEMS INC 1.46% 0.65%

PALANTIR TECHNOLOGIES INC 0.90% 0.65%

Only in FQAL

JPMORGAN CHASE and CO 1.97%

ELI LILLY and CO 1.77%

APPLIED MATERIALS INC 1.54%

SEAGATE TECHNOLOGY HOLDINGS PLC 1.42%

JOHNSON and JOHNSON 1.37%

MERCK and CO INC 0.94%

PROCTER and GAMBLE CO 0.75%

CHEVRON CORP NEW 0.72%

Only in IWB

AMAZON.COM INC 3.54%

ALPHABET CLASS C 2.30%

MICRON TECHNOLOGY 1.61%

TESLA INC 1.56%

ADVANCED MICRO DEVICES 1.38%

BERKSHIRE HATHAWAY INC CLASS B 1.34%

ELI LILLY 1.31%

JPMORGAN CHASE & CO 1.24%

Check overlap with more funds →

On the same fields

FQAL

Fidelity Quality Factor ETF

IWB

iShares Russell 1000 ETF

Where it sits Stock ETF Stock ETF

Issuer Fidelity iShares

What it is Tracks an index Tracks the Russell 1000

Total return, 1 year +15.2% +16.6%

Its benchmark over the same days not published +16.8% (VONE)

Gap to its benchmark not available −0.1 pts vs VONE

Expense ratio 0.15% 0.15%

Already in the S&P 500 94.0% 91.7%

Holdings 124 1025

Net assets, FQAL as of Sep 30, 2026 and IWB as of Oct 9, 2026 $1.4bn $49.6bn

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

About FQAL

FQAL tracks an index. Over the year to Oct 9, 2026 it returned +15.2% with distributions reinvested. The prospectus expense ratio is 0.15% a year. By its holdings filed for Jul 31, 2026, 94% of the fund by weight is stocks the S&P 500 also holds, across 124 positions, with the top ten at 38.1%.

About IWB

IWB tracks the Russell 1000. Over the year to Oct 9, 2026 it returned +16.6% with distributions reinvested, against +16.8% for its benchmark, the Russell 1000 Index. By its holdings published by its issuer for Oct 9, 2026, 92% of the fund by weight is stocks the S&P 500 also holds, across 1,025 positions, with the top ten at 36.1%.

Questions people ask

Which returned more over the last year, FQAL or IWB?: In the year to Oct 9, 2026, with distributions reinvested, FQAL returned +15.2% and IWB +16.6%.
Which is cheaper, FQAL or IWB?: Neither: FQAL and IWB both charge 0.15% a year. Fees come from each fund's prospectus.
How much do FQAL and IWB overlap with the S&P 500?: By their latest filed holdings, 94% of FQAL and 92% of IWB by weight is stocks the S&P 500 already holds.

Other comparisons

FQAL vs QUAL FQAL vs SCHB FQAL vs RDVY FQAL vs USMV IWB vs USXF IWB vs PDP IWB vs SEIM IWB vs TDVG

FQAL on its own →IWB on its own →Hold both: look the portfolio through →Rankings →Standards and sources →

Where these figures came from

FQAL filings on SEC EDGAR ↗FQAL prospectus with the expense ratio (SEC) ↗Fidelity website ↗IWB filings on SEC EDGAR ↗IWB prospectus with the expense ratio (SEC) ↗iShares page for IWB ↗

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, FQAL against IWB, data as of Oct 9, 2026. https://etfiq.com/compare/any/fqal-vs-iwb

Open data

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