GARP vs QGRO: Differences, Returns & Fees

GARP and QGRO hold 36% of their weight in the same names, and GARP returned +22.3% over the year. Net assets: $3.6bn on Oct 20, 2026 for iShares MSCI USA Quality GARP ETF, and $2.2bn on May 31, 2026 for American Century U.S. Quality Growth ETF.

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Answers cite the figures on this page.

GARP costs 0.14 points a year less; their one-year returns differ by 19.5 points; QGRO is 3.9 times larger.

GARP vs QGRO: Differences, Returns & Fees
GARPQGRO
Expense ratio0.15%0.29%
Net assets, as of Feb 28, 2025$332m$1.3bn
Total return, 1 year+22.3%+2.8%
What it tracksMSCI USA Quality GARP Select IndexAmerican Century U.S. Quality Growth Index
Holdings in common36%
Top ten holdings, share of the fund44.0%30.9%
Below its high6.7%, high on Oct 6, 2026

Holdings in common uses holdings dated May 31, 2026 and Oct 19, 2026.

+22.3%
GARP total return, 1 year
+2.8%
QGRO total return, 1 year
0.15%
GARP expense ratio
0.29%
QGRO expense ratio

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What they hold in common

By the books each fund has filed, GARP and QGRO hold 36% of their money in the same securities at the same weight. Holdings dated May 31, 2026 and Oct 19, 2026.

half

36% in common

Positions both hold, largest shared weight first
Holding GARP QGRO
APPLE 5.51% 3.90%
NVIDIA 5.08% 3.15%
LAM RESEARCH 3.69% 3.07%
KLA 3.30% 3.03%
PALANTIR TECHNOLOGIES CLASS A 2.75% 2.73%
ELI LILLY 1.70% 2.58%
APPLIED MATERIAL INC 2.13% 1.50%
AMPHENOL CORP CLASS A 1.28% 2.33%
ARISTA NETWORKS 1.27% 2.83%
META PLATFORMS CLASS A 5.29% 1.12%
ADOBE INC 2.13% 1.01%
GE AEROSPACE 0.96% 2.01%
Only in GARP
ALPHABET CLASS C 2.24%
AMAZON.COM INC 2.17%
MERCADOLIBRE 2.01%
ADVANCED MICRO DEVICES 1.90%
INTEL CORPORATION 1.75%
ROYAL CARIBBEAN GROUP 1.72%
BROADCOM INC 1.64%
AUTODESK 1.10%
Only in QGRO
TJX Cos Inc 3.23%
Ralph Lauren Corp 2.23%
Costco Wholesale Corp 2.07%
Corning Inc 1.86%
Spotify Technology SA 1.63%
Intuitive Surgical Inc 1.54%
New York Times Co 1.51%
salesforce.com Inc 1.20%

Check overlap with more funds →

On the same fields

GARP
iShares MSCI USA Quality GARP ETF
QGRO
American Century U.S. Quality Growth ETF
Where it sits Stock ETF Stock ETF
What it is Tracks the MSCI USA Quality GARP Tracks an index
Total return, 1 year +22.3% +2.8%
Its benchmark over the same days +15.4% (PBUS) +4.0% (IWF)
Gap to its benchmark +6.9 pts vs PBUS −1.2 pts vs IWF
Expense ratio 0.15% 0.29%
Already in the S&P 500 94.4% 79.9%
Holdings 131 189
Net assets, GARP as of Oct 20, 2026 and QGRO as of May 31, 2026 $3.6bn $2.2bn

GARP and QGRO on the fields both publish, as of Oct 20, 2026. Source: ETFIQ.

About GARP

GARP tracks the MSCI USA Quality GARP. Over the year to Oct 20, 2026 it returned +22.3% with distributions reinvested, against +15.4% for its benchmark, the MSCI USA Index. The prospectus expense ratio is 0.15% a year. By its holdings published by its issuer for Oct 19, 2026, 94% of the fund by weight is stocks the S&P 500 also holds, across 131 positions, with the top ten at 44.0%. It sat 6.7% below its high of Oct 6, 2026 on Oct 20, 2026.

About QGRO

QGRO tracks an index. The prospectus expense ratio is 0.29% a year. By its holdings filed for May 31, 2026, 80% of the fund by weight is stocks the S&P 500 also holds, across 189 positions, with the top ten at 30.9%.

Over the year to Oct 20, 2026 it returned +2.8% with distributions reinvested, against +4.0% for its benchmark, the Russell 1000 Growth.

Questions people ask

Which returned more over the last year, GARP or QGRO?
In the year to Oct 20, 2026, with distributions reinvested, GARP returned +22.3% and QGRO +2.8%.
Which is cheaper, GARP or QGRO?
GARP is cheaper, by 0.14 percentage points a year. That is about $14 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do GARP and QGRO overlap with the S&P 500?
By their latest filed holdings, 94% of GARP and 80% of QGRO by weight is stocks the S&P 500 already holds.
Cite this pageCitation, APA and Markdown

ETFIQ, GARP against QGRO, data as of Oct 20, 2026. https://etfiq.com/compare/any/garp-vs-qgro

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