GARP vs QQEW: Differences, Returns & Fees
GARP and QQEW hold 36% of their weight in the same names, and GARP returned +22.3% over the year. Net assets on Oct 20, 2026: $3.6bn for iShares MSCI USA Quality GARP ETF and $1.8bn for First Trust Nasdaq-100 Select Equal Weight ETF.
GARP costs 0.40 points a year less; their one-year returns differ by 12.4 points; GARP is 1.9 times larger.
| GARP | QQEW | |
|---|---|---|
| Expense ratio | 0.15% | 0.55% |
| Net assets | $3.6bn | $1.8bn |
| Total return, 1 year | +22.3% | +9.9% |
| What it tracks | MSCI USA Quality GARP Select Index | Nasdaq-100 Select Equal Weight Index |
| Holdings in common | 36% | |
| Top ten holdings, share of the fund | 44.0% | 23.1% |
| Below its high | 6.7%, high on Oct 6, 2026 | 5.8%, high on Aug 13, 2026 |
Holdings in common uses holdings dated Oct 19, 2026.
GARP and QQEW are built for the same job. How do they differ in cost, holdings and results?
- What each follows. GARP follows MSCI USA Quality GARP Select Index and QQEW follows Nasdaq-100 Select Equal Weight Index.
- Holdings in common. 36% of the weight is in the same securities (holdings dated Oct 19, 2026).
- One-year total return. Over 1 year to Oct 20, 2026 GARP returned +22.3% and QQEW +9.9% with distributions reinvested, a gap of 12.4 points.
Data as of Oct 20, 2026. The differences are picked by a fixed rule, in a fixed order; the PDF prints it. Page 2 has the returns, overlap, risks and sources.
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What they hold in common
By the books each fund has filed, GARP and QQEW hold 36% of their money in the same securities at the same weight. Holdings dated Oct 19, 2026.
half
36% in common
On the same fields
GARP and QQEW 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 QQEW
QQEW tracks an index. Over the year to Oct 20, 2026 it returned +9.9% with distributions reinvested, against +15.8% for its benchmark, the S&P 500 Index. The prospectus expense ratio is 0.55% a year. By its holdings published by its issuer for Oct 19, 2026, 91% of the fund by weight is stocks the S&P 500 also holds, across 50 positions, with the top ten at 23.1%. It sat 5.8% below its high of Aug 13, 2026 on Oct 20, 2026.
Questions people ask
- Which returned more over the last year, GARP or QQEW?
- In the year to Oct 20, 2026, with distributions reinvested, GARP returned +22.3% and QQEW +9.9%.
- Which is cheaper, GARP or QQEW?
- GARP is cheaper, by 0.40 percentage points a year. That is about $40 on $10,000 held for a year. Fees come from each fund's prospectus.
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, GARP against QQEW, data as of Oct 20, 2026. https://etfiq.com/compare/any/garp-vs-qqew
ETFIQ. (Oct 20, 2026). GARP against QQEW. Retrieved from https://etfiq.com/compare/any/garp-vs-qqew
[GARP against QQEW (ETFIQ, Oct 20, 2026)](https://etfiq.com/compare/any/garp-vs-qqew)
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