Data as of Sep 13, 2026. Both funds on the fields they both publish, from the same sources.
GARP vs PFF: how they differ
GARP and PFF hold 4% of their weight in the same names, and GARP returned more over the year.
iShares MSCI USA Quality GARP ETF and iShares Preferred and Income Securities ETF.
What they hold in common
By the books each fund has filed, GARP and PFF hold 4% of their money in the same securities at the same weight.
| Holding | GARP | PFF |
|---|---|---|
| ALPHABET CLASS A | 2.28% | 2.24% |
| ORACLE | 1.14% | 2.31% |
| MICROCHIP TECHNOLOGY INC | 0.17% | 0.89% |
| BLK CSH FND TREASURY SL AGENCY | 0.10% | 0.61% |
| SUPER MICRO COMPUTER INC | 0.09% | 2.30% |
| USD CASH | 0.03% | 0.01% |
| Only in GARP | Only in PFF |
|---|---|
| APPLE 5.23% | BOEING CO 3.54% |
| MICROSOFT 5.16% | HEWLETT PACKARD ENTERPRISE CONV PR 2.06% |
| NVIDIA 5.09% | ALBEMARLE CORP 1.12% |
| META PLATFORMS CLASS A 4.81% | BRIGHTSPRING HEALTH SERVICES UNITS 0.74% |
| MICRON TECHNOLOGY 4.76% | NEXTERA ENERGY UNITS 0.70% |
| VISA CLASS A 4.60% | ARES MANAGEMENT CORP 0.61% |
| LAM RESEARCH 4.02% | BRUKER CORPORATION 0.53% |
| CATERPILLAR INC 3.65% | PPL CORPORATION 0.51% |
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 Sep 10, 2026.
| GARP iShares MSCI USA Quality GARP ETF | PFF iShares Preferred and Income Securities ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | iShares | iShares |
| What it is | MSCI USA Quality GARP | Preferred and Income Securities |
| Total return, 1 year | +29.5% | −0.8% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | +12.0 pts | −18.3 pts |
| Expense ratio | 0.15% | 0.45% |
| Already in the S&P 500 | 94.4% | 21.6% |
| Holdings | 133 | 461 |
GARP in plain words
GARP is an index equity fund tracking the MSCI USA Quality GARP. Over the year to Sep 11, 2026 it returned +29.5% 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 Sep 10, 2026, 94% of the fund by weight is stocks the S&P 500 also holds, across 133 positions, with the top ten at 43.2%.
PFF in plain words
PFF is an index equity fund tracking the Preferred and Income Securities. Over the year to Sep 11, 2026 it returned −0.8% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.45% a year. By its holdings filed for Sep 10, 2026, 22% of the fund by weight is stocks the S&P 500 also holds, across 461 positions, with the top ten at 23.1%. It sat 3.2% below its high of May 8, 2026 on Sep 11, 2026.
Questions people ask
- Which returned more over the last year, GARP or PFF?
- In the year to Sep 13, 2026, with distributions reinvested, GARP returned +29.5% and PFF returned −0.8%, so GARP returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, GARP or PFF?
- GARP charges 0.15% a year and PFF charges 0.45%, so GARP is cheaper. Fees come from each fund's prospectus.
- How much do GARP and PFF overlap with the S&P 500?
- By their latest filed holdings, 94% of GARP and 22% of PFF by weight is stocks the S&P 500 already holds. Between the two funds, 4% of their books are the same securities at the same weight.
Other comparisons
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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, GARP against PFF, data as of Sep 13, 2026. https://etfiq.com/compare/any/garp-vs-pff Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources